"The purpose of the demude isn't to fundras. Is to get the meat, first meetings with those, those investors," he says. "You don't want to give everyone everything away at the beginning... You want to hook people so they spend more time with you." He adds: "We're not trying to play power games and squeeze investors"....
1:00 Jason intros Power of Accelerators Episode 2!
3:07 Jason intros StartX Founder Cameron Teitelman: What is StartX, how do they invest, when and how was it started?
6:54 How does StartX exist? Are they profitable?
8:43 Why would a growth stage founder join StartX?
13:28 What is the process for selecting founders/companies for StartX? What is unique about Stanford students?
16:28 Difference between arrogance and confidence, StartX's "No A**hole" rule, Cohort size
20:47 What does StartX look for in founders, what questions are asked in interviews & what preferences do they have regarding co-founders
27:04 How do VCs look at StartX? What are their demo days like?
31:54 Thoughts on YC's demo day & how to run a demo day process
41:16 Cameron on hacking his way into VC, new StartX funds, thesis on successful founders & peer-support groups
45:58 Stories about getting cut out of a deal
48:09 What StartX's portfolio signaling tells them about successful founders, importance of time management
51:59 Steve Blank's theory of customer development, top portfolio companies