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Y Combinator Cast

04/30/22

@ Y Combinator

Founders should maintain a list of investors who said no and keep them updated on their progress, as this can lead to changed opinions and potential future investment.

Video

Investors Said No, Now What?

@ Y Combinator

Investors Said No, Now What?

04/30/22

Related Takeaways

Michael Seibel

04/30/22

@ Y Combinator

When an investor says no, founders should believe the no and not the reasons given, as this helps maintain their confidence and focus on their expertise.

Y Combinator Cast

04/30/22

@ Y Combinator

When an investor says no, founders should take notes on the feedback but not internalize it as a reflection of their worth or the company's potential.

Y Combinator Cast

08/18/23

@ Y Combinator

Founders should prepare for investor meetings by expecting negative feedback and being ready for tough questions, which helps avoid discouragement.

Geoff Ralston

02/07/18

@ Y Combinator

Investors should understand that a 'no' from a founder doesn't mean forever; it often means 'not now' and can change later.

Y Combinator Cast

04/30/22

@ Y Combinator

It's common for investors to change their minds about a founder after seeing significant progress, as initial rejections can be based on early impressions that may not reflect the founder's true potential.

Y Combinator Cast

08/18/23

@ Y Combinator

As a founder, it's important to believe the 'no' from investors but not necessarily the reasons behind it, as they often lack transparency.

Y Combinator Cast

04/30/22

@ Y Combinator

It's crucial for founders to pitch to many investors to gather consistent feedback, as only then can they determine if the reasons for rejection are valid data points.

Y Combinator Cast

08/18/23

@ Y Combinator

Great investors not only stay out of your way but also provide more capital and connections for future rounds. This happens when they are genuinely good investors and you keep them informed about your progress.

Y Combinator Cast

05/21/16

@ Y Combinator

It's important to maintain good relationships with investors, as they can provide valuable insights even if they don't invest.