How Pitching Investors is Different Than Pitching Customers - Michael Seibel

On Y CombinatorHosted by Y CombinatorWith Michael Seibel20196 min
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What this teaches

Seibel contrasts pitching investors with pitching customers: investors buy the upside story and the market, customers buy the solution — and mixing the two kills both.

Why it matters

Fixes a subtle framing error extremely common in first-time pitches.

Key lessons

  • Investors need the billion-dollar branch of the story
  • Customer language in an investor pitch reads as small thinking

This video was created by Y Combinator and features Michael Seibel. We summarize and link with attribution; all rights belong to the creator.

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