Y Combinator Startup Podcast
Investors Said No, Now What?
Jan 12, 2023
Discover how rejection can be a turning point for startup founders. The hosts delve into the emotional impact of investor 'no' and stress the importance of self-belief. They highlight the common gaps in understanding between investors and founders, urging the latter to leverage their deep knowledge of their products. Learn strategies to analyze investor feedback, navigate misconceptions, and the significance of demonstrating progress to shift perceptions. Resilience and persistence are key themes throughout the discussion!
15:50
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Quick takeaways
- Believe the 'no, not the why' when handling investor rejection.
- Prioritize real progress in the business over addressing every critique from investors.
Deep dives
Founders' Confidence Shaken by Investor Rejections
Startups founders often have their confidence shaken by investor rejections, despite being experts in their field. Investors, who spend limited time with founders, may give feedback that founders take to heart. However, founders should not internalize every reason for rejection, as investors may not have a deep understanding of the startup's unique aspects.
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