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Showing posts from January, 2024

Important questions for Pre-Seed founders, “What is your distribution trick?”

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This thread caught my attention: Martin Tobias (Pre-Seed VC)   @MartinGTobias One of the most important questions I ask Pre-Seed founders is:  “What is your distribution trick?” I have found that having a distribution trick is key to pre-seed success.  Getting your first customers. Here are some good and not-so-good answers to the question. Good: - I have sold into the customers before and have relationships to get first customers - We have a waitlist of XX - We did YYY customer discovery calls and x% of them would like to see a product. - I am on the board of the trade association of customers I will be selling to Not so good: - Google/facebook ads - “influencers” yet to be determined. - We have spent zero on marketing and have no idea where the web traffic comes from, but is free! - “viral” - “word of mouth” - We sell to SMBs and there are a lot of them, so a small percentage is great X (formerly Twitter) Martin Tobias (Pre-Seed VC) (@MartinGTobias) on X Entrepreneur, I...

Interview with Dukie Josh Felser about his new VC fund, Climatic

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Check out this interview with Dukie Josh Felser with his business partner Raj Kapoor about their new VC fund, Climatic Earlier this month, Climactic, a New York City and San Francisco, Calif.-based venture capital firm, launched with a $65M inaugural fund. In conjunction with the announcement, Raj Kapoor and Josh Felser replied to our questions about the firm, their strategy, what they like to see in founders and introduced their portfolio companies. Listen here: https://vcwire.tech/2023/12/29/climatic-joint-interview-with-raj-kapoor-and-josh-felser/