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The goal of a Demo Day presentation is not to convince the audience to invest. It's just to convince them to follow up with you. It's at that second stage wher
by pg 14y ago
The goal of a Demo Day presentation is not to convince the audience to invest. It's just to convince them to follow up with you. It's at that second stage where the demos happen-- as they were in fact happening all over the building during the breaks between sessions.
At events like TC Disrupt, where startups demo in booths,
few (perhaps no) investors ask for demos from all of them. The startups have posters and investors decide based on those which to approach and talk to further. In effect YC Demo Day presentations are those posters.
- djt 14y agoHow many potential investors do you have attend these talks? Has the type of investor changed over the past few years?
- pg 14y agoJust over 400. The big change in the past few years is the arrival of "super-angels."
- djt 14y agoBy "Super angels" do you mean they are funding higher dollars or are they investing in far more companies? Do you think that "super-angels" are taking over from traditional VCs in that the costs of getting to scale are lower these days?