YC Partner Geoff Ralston gives an introduction to the key concepts to keep in mind once you enter a fundraising process. Learn more at www.startupschool.org/
Пікірлер: 85
@christopherarmstrong2710 Жыл бұрын
30:15 Fundraising is not the goal, it's the starting line. You're building a business and a product that people want, and you're trying to build something that's sustainable over the long term. Fundraising is just one small step on the way to that. 30:45 Fundraising is not winning. The company that raises the most at the highest valuation will not necessarily (or even usually) be the biggest & most successful company at the end of the day.
@chrisutopian84722 жыл бұрын
Sory, I am late. But, better late than never. I had it in my past experience I could only have felt, now I hear from you: The best time to raise money is when you don't need it! Thanks for the great lecture!
@sineadward52254 жыл бұрын
Thank you Geoff and YC for the leadership and the insights.
@davidgrant64512 жыл бұрын
One of the top presentations on KZbin on the subject.
@shadieossei43363 жыл бұрын
Phenomenal presentation!
@davidshamiri14485 жыл бұрын
46:40 Dilution average per round? Seed round 10-20% (30% is pushing it) Round A 20-25% Series B Usually less than 20%
@reardelt4 жыл бұрын
Thanks.
@felixbouma26913 жыл бұрын
Amazing presentation!
@fernfawfaw Жыл бұрын
Thank you. Geoff Ralston for valuable lecture.
@JosephProsnitz14 жыл бұрын
why not put links in the description?
@villanuevaphoto-eb6mi2 жыл бұрын
Invaluable information here. Thank you!
@thearclight Жыл бұрын
Thanks for sharing this, can’t wait to apply these lessons 🙌🏾
@mrdibujante Жыл бұрын
Got it, I will talk to others investors so I can practice, before reaching out... Seriously, thanks for sharing your experience.
@SufyanKhan-zm2uc2 жыл бұрын
Great lecture.
@Nedwin2 жыл бұрын
Thanks, sir! Very useful. 🙏
@zofe4 жыл бұрын
If your start-up collects information for Big-Brother, e.g. IoT, Big-Data, Autonomous-driving (a moving cluster of sensors), Wireless Water-Meters, Payment Software, AI/ML, then you'ld see the big money quite from the start. AR is a way to carry cameras and to 'tag' (classify) contents from the real world in to the big-data search machines.
@selenale77483 жыл бұрын
this is so real and helpful, thank Geoff, Selena Le from WSAFE IMPACT VENTURE BUILDER
@manangarg18 ай бұрын
Figure out the story of my start up Find the right investors Get organised , do your homework Make and pitch again and again until we getting a yes Agree on a reasonable price Get money in the bank Back to work
@abdulsalamayoola71592 жыл бұрын
That was great presentation!!
@ratanvaghela766624 күн бұрын
GP level information ❤
@LinardsBerzins5 жыл бұрын
great stuff
@asyahussen59193 жыл бұрын
Thanks a lot for this video
@mhb112 жыл бұрын
For people looking to find out the average valuation caps prevalent in YC around the time of this video: $8M (at the 50:05 mark)
@stealthoverflow4 жыл бұрын
Loved the vid
@adamlofquist2 жыл бұрын
Not trying to pick out a flaw but around 15:36 did Geoff mean to say pre-valuation? I believe he says if $1 million is invested into $4 million post-evaluation, then the total would be $5 million and therefore the investor would have 20% but if it is post-valuations, it means the total is valuation is $4 million and therefore would actually be 25%? I of course may be missing something.
@eric_andrews2 жыл бұрын
ya he misspoke, amazing lecture though
@adamlofquist2 жыл бұрын
@@eric_andrews thank you, agreed great presentation I just though I was missing something.
@ASNL-ge6ihАй бұрын
You are right on this point, he was wrong
@amirnaeinee3330 Жыл бұрын
آنچه پس از آمادهسازی مستندات لازم برای جذب سرمایه، باید مورد توجه بنیانگذاران کسبوکارها قرار بگیرد؛ انتخاب مدل تأمین مالی و طراحی سناریوهای مختلف جذب سرمایه است. دراینارتباط گزینههای مناسب برای مذاکره به صورت بهینه لیست شده و مستندات لازم بر مبنای ملاحظاتشان تهیه میشوند. درنهایت باز هم فرآیند مذاکره برای جذب سرمایه آسانتر میشود.
@Inquire984 жыл бұрын
"Thank GOD 🙏🏾", and thank you very much for your sharing support and time 😉 Should my fund-raising website be separate from the business website 🙄
@shh19093 жыл бұрын
10:00 what should your pitch include?
@orshamaim Жыл бұрын
Thank you!🙏🏽
@justinfleagle2 жыл бұрын
What do you do with the money once people invest?
@filobrosgolf5 жыл бұрын
This was great, thank you for sharing. One important question I have, recently I was diluted out of a startup I funded. I ended up getting 3x but felt somewhat ripped off. How can investors guard against the cap table dilution that sometimes happens when VC's start investing?
@ABZO7535 жыл бұрын
Wha it something that you could easily have foreseen according to the signed spreadsheet ?
@Rex19873 жыл бұрын
what is a VC anyway?
@lasansanjula19092 жыл бұрын
@@Rex1987 venture capitalist
@Talkwithtina8082 жыл бұрын
Thank you
@jackthemarketscan2815 Жыл бұрын
Can you provide services to Thailand ?
@fernandoaldridge482511 ай бұрын
What are the 8 things to put in a pitch deck?
@MillionMajesty Жыл бұрын
Thanks very much for this video but I have a question Am from Nigeria and want a fund raising for my planning company and my question is that how will I connect with investors overseas to pitch my company for them and how will I have communication with them and how will I connect with YCs. Thank you
@mhb112 жыл бұрын
Raising $1M on $4M post-money valuation is 25% of the company, not 20%. Geoff misspeaks at 15:38, but ultimately comes around to the right number at 17:12
@vidbina Жыл бұрын
Thanks. Was watching this, heard the 25, double taked, paused and recalculated multiple times, then started questioning my intuition on the matter. Lesson to self: just finish the tutorial (full-pass) before questioning too much and venturing down clarification-seeking side quests as clarification may follow on the main path ahead. 😅
@home4ever895 Жыл бұрын
Geoff, thank you for the great information. My name is Eliyahu. We are based in Israel. We developed one of the most advanced building systems on the market today! Over the last 7 years we have invested millions to creat and perfect a buiding system that can produce a high volume pruduct using Israel High Tech in combinations with fully automated robots and machines and almost no human labor. We filed a provisional patent in 150 countries. I am an American so I know the U.S construction and housing industry fairly well, I believe we can do extremely well in the states and worldwide. We need your help and get your advice on how to move forward and raise the V.C needed. Can we talk?
@dimitriantanov3150 Жыл бұрын
If you were actually valuable, you wouldn't try and pitch in youtube comments.
@jonyfrany13192 жыл бұрын
It’s all about relationships
@FelixVendit2 жыл бұрын
That's dope!
@george_davituri9 ай бұрын
great talk
@minakh4814 Жыл бұрын
جذب سرمایه و تامین سرمایه کافی برای استارتاپ ها حیاتی است. آنچه پس از آمادهسازی مستندات لازم برای جذب سرمایه، باید مورد توجه بنیانگذاران کسبوکارها قرار بگیرد؛ انتخاب مدل تأمین مالی و طراحی سناریوهای مختلف جذب سرمایه است. دراینارتباط گزینههای مناسب برای مذاکره به صورت بهینه لیست شده و مستندات لازم بر مبنای ملاحظاتشان تهیه میشوند. درنهایت باز هم فرآیند مذاکره برای جذب سرمایه آسانتر میشود.
@manuelbaeza93966 ай бұрын
8:06 its about you
@richarddavid60042 жыл бұрын
Thanks May I have the link to the video about raised money you mentioned in your presentation
@ahsanmohammed13 жыл бұрын
Need slide with all topics and subtopics. Summary.
@selenale77483 жыл бұрын
how YC raise funds?, i would love to learn from accelerators/ incubators raise their funds?
@gkkirilov3 жыл бұрын
YC has some billion-dollar investments from 10 years ago they are probably limited in good companies not money
@selenale77483 жыл бұрын
@@gkkirilov thank for your information, good day
@dreamhome.realtors Жыл бұрын
👍
@asyahussen59193 жыл бұрын
Fundraising
@ahsanmohammed13 жыл бұрын
Can someone do a list of topics (slides) he talked about.
@shubhammahajan81493 жыл бұрын
Hiii sir... I have a very business plan to solve the problem. I have been working on it for 3 years .. I wanted some help .. but I can't say that idea in front of everyone.
@rahulb10693 жыл бұрын
Hi Shubham, let me know when you think that the idea is convertible into product or services and can be delivered to the people. I look forward to support you if it sounds promising.
@shubhammahajan81493 жыл бұрын
@@rahulb1069 sir...send me your number
@shubhammahajan81493 жыл бұрын
@@rahulb1069send me your email id
@james-innes Жыл бұрын
Get on with it
@divittoriofamily73532 жыл бұрын
Hello I'm trying to raise 8thousand and 59 dollars to pay off my mortgage
@gonzalomarmol57662 жыл бұрын
Good luck. Keep working
@roopmahalriceadministrativ61295 ай бұрын
15:14 17:37
@darealemveepee3 жыл бұрын
The complex fragrance tellingly occur because nose wessely glue before a grubby gruesome virgo. hypnotic, energetic ex-wife
@miky97it Жыл бұрын
Now I'm even more scared
@roopmahalriceadministrativ61295 ай бұрын
20:09
@manangarg1 Жыл бұрын
2:44
@Fumbuzi29 күн бұрын
dude needed a staple
@nastjastamenkovic17452 жыл бұрын
52 minuten?? :-)))
@darealemveepee3 жыл бұрын
The silky poultry temporally owe because van numerically snow between a healthy plain. quiet, heavenly heavy hellish sycamore
@kismetology80312 жыл бұрын
really? hour of mambo jambo?
@kadenabet2 жыл бұрын
One of the worst talks ever. Ridiculous. 0 talk about the social approval and networking with privileged and rich people that has to be done before you can even go and ask.
@gdhdjrjrndndn6 ай бұрын
HP atarted in 1939, not 1957. I stopped watching at that glaring error.
@houseofvenusMDАй бұрын
Not an error😂 They formalized their agreement as a private partnership(LLC) in 1939. They were incorporated as a stock corporation in 1947 and became publicly listed in 1957. Thats three different starting points depending on what definition you care for. I personally would use 1947 since they filed articles of incorporation but I understand why a VC would care about the IPO date more than that. LLCs are small businesses, not high growth startups. HP after incorporation was categorically different than the initial private LLC.
@gdhdjrjrndndnАй бұрын
@houseofvenusMD that's has nothing to do with how they started, corporate structures change all the time.
@houseofvenusMDАй бұрын
@@gdhdjrjrndndn an LLC is NOT a corporation so by definition it is not a corporate structure. Once HP became a stock corporation then you can discuss "corporate structure" because it actually had one. Legally an LLC is just a partnership with limited tax liabilities. It does not have a LIMIT on shareholders like corporations do. A corporation is a different beast altogether. This is a VC channel. They care about corporations not LLCs. Again, as I said, I personally would have used 1947 as the starting date when discussing HP because they were officially a stock corporation then. VCs love IPOs though and a public company is another type of beast so I get why he focused on that date. Prior to 1947 though, HP was just a project with some legal protections. These distinctions matter.