The Underpants Gnomes Applied to VC Backed Companies
From Adam Smith at Square 1 Bank on how NOT to pitch your company to a VC.
The full segment is below.
There is a philosophy that "all you need to do is get tons of
underpants traffic and good things will happen. When that works, it’s a beautiful thing. The key word – of course – is "when." Phase 2 is a dangerous place.