Founders

Just read Rippling's investor memo that they used to raise a $790M Series F. In their first line, they explicitly state the thing that's missing in almost every bad pitch I've seen from a great founder: they share the unique insight. Def worth trying.

Just read Rippling's investor memo that they used to raise a $790M Series F. In their first line, they explicitly state the thing that's missing in almost every bad pitch I've seen from a great founder: they share the unique insight. Def worth trying.

https://rippling2.imgix.net/Investor-Memo-2024-Apr-public.pdf

Building @frens | @orangedao | @a16zcrypto CSS

It's also pretty bold to end with "if you don't buy our thesis, gtfo". But honestly, that's pretty true in most cases. At the earliest stage you bet simply on the founder for accelerator/angel checks. Once you get to a multi-million dollar round, you need investors who trust your insights and buy your thesis.