Andris Berzins on Startup adviceVC investor, former startup founder, startup activist, weekend warrior
Building a startup is hard. But there are great lessons to learn from other successful teams. On their tenth anniversiary the Supercell team just listed ten +1 great pieces of advice for building a great company. Almost all applicable to any business: https://supercell.com/en/news/10-learnings-10-years/7436/
10 Learnings from 10 Years × Supercell
supercell.com
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Andris Berzins on Startup adviceVC investor, former startup founder, startup activist, weekend warrior
Interesting research from Yale that positive mood when pitching helps raise capital. Implications: founders need to practice maintaining that positive, confident tone when pitching; investors have to be careful to distinguish "hutzpah" from real competence. For startups from Central and Eastern Europe pitching in the USA especially, I always advise that you need to pitch very aggressively and with extreme confidence, such that you feel uncomfortable yourself. The result will look mildly confident to the US venture investors who are used to seeing American founders pitch all day long…. https://insights.som.yale.edu/insights/passionate-startup-pitch-is-powerful-but-can-be-misleading
A Passionate Startup Pitch Is Powerful—But Can Be Misleading
insights.som.yale.edu

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Marijus KrasnickasValue Creator Through Unity. Founder of UNO Parks. Your Gold Fish.
Andris Berzins would you please share some of US pitches who are "extremely confident" and no "hutzpah" at the same time. Thank you
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Andris Berzins on Startup adviceVC investor, former startup founder, startup activist, weekend warrior
Great podcast with James Currier of NFX interviewing Keith Rabois, legendary startup co-founder and investor, now with Founders Fund. Keith talks about what a contrarian really is, how important teams are in determining startup success, all with fantastic stories from Square, PayPal and his other startups and investments. https://www.nfx.com/post/how-contrarians-think-with-keith-rabois/
How Contrarians Think: The Early Days of Square, Yelp & PayPal with Keith Rabois
www.nfx.com

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Thomas DesimpelAngel Investor, Polyglot, Real Estate Investor
👌thx for sharing Andris Berzins
Andris Berzins on Startup adviceVC investor, former startup founder, startup activist, weekend warrior
How can I focus on a very specific market segment when I have to pitch VCs with a story about a massive market opportunity? Surely this means I have to start off selling to a broad range of customers? I hear founders struggling with this conundrum a lot. The answer is that at the very early stage you have to focus super-sharp on a small niche, but have a compelling argument and data for why that represents the tip of a very big iceberg. Without extreme focus, it is extremely hard to make good progress delighting your first set of customers. Which is why I keep drilling many young startups on focus.... The last TechChill conference in Riga had a great talk by Patrick Lee of Rotten Tomatoes who explained this very well: https://youtu.be/iIPYtvUr9MA
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