Published Mar 17, 2020

E1037 LAUNCH Accelerator Class 16 Founders reflect on their journeys through the program

Founders from BasicBlock, DaoCloud, and Lately share how the LAUNCH Accelerator program transformed their businesses through overcoming challenges, refining pitches, and engaging with investors, highlighting personal growth and strategic insights that fueled their entrepreneurial success.
Episode Highlights
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Episode Highlights

  • Improving Pitches

    Improving pitches is a crucial skill for founders seeking investment. shares how he learned to transform complex presentations into compelling stories that resonate with investors. By focusing on storytelling and showcasing the product, he was able to capture investor interest effectively 1. emphasizes the importance of concise presentations, noting that the goal is to secure a meeting, not an immediate investment 2. She advises founders to focus on getting to the next step rather than overwhelming potential investors with information.

       

    Handling Pressure

    Handling pressure is an inevitable part of the startup journey, especially during pitches. recounts the intense preparation required for investor presentations, likening it to Navy SEAL training 3. He describes the rigorous feedback process that helped him refine his pitch under tight deadlines. shares a memorable experience where her co-founder froze during a pitch, highlighting the importance of resilience and teamwork in overcoming such challenges 4. These experiences underscore the value of adaptability and support in high-pressure situations.

       

    Concise Communication

    Concise communication is vital for founders to convey their ideas effectively. learned to distill her message to its essence, realizing that simplicity often leads to greater investor interest 5. She acknowledges the challenge of cutting through clutter to present a clear and compelling narrative. also highlights the importance of crisp answers, noting that direct responses build credibility with investors 6. He appreciates the candid feedback from , which helped him refine his communication skills quickly.

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