What’s the best way to pitch your company to investors?

Sam Altman (President at Y Combinator)
What happened to innovation? – Sam Altman

A two-by-two matrix of progress in innovation (and ease of attracting investment) with software/physical on one axis and short-term/long-term on the other axis looks like this. Green is good, yellow is ok, and red is bad. https://phaven-prod.s3.amazonaws.com/files/image_part/asset/948806/gd5P6SxQ7LcBL_LP4XtEtlK9Jx4/medium_matrix.png

What’s the best way to know if your idea your good one?

David Jackson (Founder, Seeking Alpha)
Why you’re not at a disadvantage if you’re a first time entrepreneur | A Founder’s Notebook

Many successful companies are founded by entrepreneurs with passion to solve a real problem of personal interest to them, or where they have domain expertise. That doesn’t lend itself to serial entrepreneurialism.

What’s the best way to know if your idea your good one?

David Sacks (CEO at Zenefits)
New Sales Models – David Sacks, Founder and CEO of Yammer – YouTube

Are you in founder fantasy land wanting to “be a founder” or have you found a real market need? Once you have that do you have a product incarnation for that need? Do you have a simple interaction or user behavior that you can get users to use the product? What’s the initial simple behavior you can get a user to engage in? At PayPal it was getting users to email money. At Yammer it’s What are you working on? Do you have a scaleable distribution m… (read more)