Matthew pfp
Matthew
@matthew
just curious, but why aren’t more investors cool with founders sending YC apps instead of decks? (or are they?) like i’m writing both now, and i just find YC’s memo to be so much better at pulling out the important info. is it just length of time it takes to skim?
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Matthew pfp
Matthew
@matthew
there’s a lot of leeway to bullshit in a deck. harder to do that well in a YC app.
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Liang @ degencast.wtf 🎩 pfp
Liang @ degencast.wtf 🎩
@degencast.eth
read about ripple raising series A with a memo instead of a deck. It seems much easier to follow
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✿ ZACH HARRIS ✿ pfp
✿ ZACH HARRIS ✿
@zachharris.eth
Paul Graham is like giving a loaded gun to a minor without a background check imho
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Dan Romero pfp
Dan Romero
@dwr.eth
because they have a lot more pattern matching on a pitch deck making a good deck (content, not formatting) requires a high degree of clarity https://www.slideshare.net/PitchDeckCoach/sequoia-capital-pitchdecktemplate
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Matei pfp
Matei
@no
webform.vc intake is modeled after the YC questions :)
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Victor Ma 🧾 pfp
Victor Ma 🧾
@vm
- apps have really helped us think through the product, vision, etc. - really like the "explain what you do in 50 chars or less" from YC - i get the pattern matching of a pitch deck from the VC's side, but think everyone building should write out a memo for themselves - there should be a common app for fundraising
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BKim pfp
BKim
@brittkim.eth
A cool thing about being a YC startup is when an investor asks for a deck, you just tell them you don’t have one nor have the time to make one.
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Liang @ degencast.wtf 🎩 pfp
Liang @ degencast.wtf 🎩
@degencast.eth
don't think memo and deck are exclusive tho
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Michael Stewart pfp
Michael Stewart
@stewart
can’t speak to other funds but we have a custom application flow at calm fund. better for founders (who can save their app mid-stream and revisit later) and for us. everyone saves time and we only proceed to a call if there’s a high chance we’ll invest. (we use ours rather than YC’s given our fund’s focus.)
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Yuriy Dybskiy pfp
Yuriy Dybskiy
@yuriy
💯 agree! It’s no extra time for founder, amazingly thoughtful questions and also healthy exercise to do for the founder every 6 month or a year even if not doing YC. Was just talking about it with someone.
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