"Don't celebrate the raise, celebrate when you reach some sort of milestone like more customers or more revenue." - This is so true! That mindset is very important.
@neospec Жыл бұрын
When you've worked years to get to a point where you've finished your raise, its important to celebrate those wins, pause and appreciate, then move forward and kick ass.
@mohank22822 жыл бұрын
Garry, I feel blessed because I watched your video right after I raised a seed round from Coinbase Ventures. Now I learned what should I do and going to execute. We are a Chennai-based (India) fintech startup and I am the co-founder of came village so I did not have a chance to study from good universities. I always learn from my mistakes and now masters like you. Thank you so much for your videos.
@mirhasanzade73833 жыл бұрын
Your content quality is GOLD! You taught me more than my professors back in university ! Salute!
@GarryTan3 жыл бұрын
Glad to help
@vincentan80853 жыл бұрын
Incredible content coming at an incredibly timely moment for our Series A startup 🙏🏼 appreciate your time Garry!
@GarryTan3 жыл бұрын
Good luck Vincent. Glad to hear this is helpful.
@shariffemevoli2113 жыл бұрын
Best KZfaq content for startup founders!!! love from Amsterdam❤️
@XShollaj3 жыл бұрын
Wow I can't believe all this information is for free on youtube. Garry is as generous as he is smart!
@GarryTan3 жыл бұрын
Just trying to help other people as other people helped me.
@XShollaj3 жыл бұрын
@@GarryTan Thanks a lot man! Coming from a developing country (Albania), it is so much harder to start reaching for your dreams. Videos like this, which are free and available everywhere are invaluable for us!
@UxJoy3 жыл бұрын
Garry, your content is absolutely top notch and I have to say your delivery is spot on. I constantly search for good information to help me build my company and I keep coming back here. Thanks for all the hard work you do and the time you take to make these available to us. Can't begin to tell you how grateful I am for these. Cheers! Looking forward to the next week.
@GarryTan3 жыл бұрын
Much appreciated! Thank you for watching Avinash!
@LigneDesign3 жыл бұрын
It's fantastic to obtain these ballpark figures so to better evaluate what to expect, when, etc! "...a 500K pre-seed, then a 2M seed, then a 10M series A..." We need a whole lot more of such insider info and common figures! Thank you so much! 👍
@ahmedelnaggar31183 жыл бұрын
This is the most helpful and beneficial video I have seen so far, you simply drew a road map for me that I would do a lot of mistakes and bad decisions to learn it. Thank you!
@edvoyce98893 жыл бұрын
Wow great video. Nailed it. One of the best startup videos I’ve ever seen (as the topic is under-catered for). Love the real-life metrics chart + what certain investors ‘need to see’. I think this is a big subject that is often opaque to startup founders. IMHO the whole topic this video covers is worthy of additions real life examples in future videos. Perhaps if more founders were versed on this at the outset, they might think twice about: starting eg unscalable projects, and/or focusing money raised on achieving KPI milestones (rather than using it for ‘keeping house’ / expanding too early). 👍
@aneeshbhardwaj93723 жыл бұрын
World class Content ! Can't believe it's all freely available
@nikeshnaik55163 жыл бұрын
watching this and working in startup which wants to raise fund.. 100x learning. 🤩
@shreyaskharbanda27773 жыл бұрын
Such brilliant, genuine advice. Thank you for this channel, Garry!
@jamiejswagga3 жыл бұрын
Truly incredible advice Garry! Thank you so very much!
@Hugh_Seaton3 жыл бұрын
This is fantastic. Explaining how to think about that moment when “the dog catches the bus”
@randonmortland79463 жыл бұрын
Incredible video! You provide so much value! I'm glad I stayed until the end to get some motivation!
@GarryTan3 жыл бұрын
Glad you enjoyed it!
@lucapoidomani58373 жыл бұрын
Hi from Italy, I am watching all of your videos :) thanks for your tips
@GarryTan3 жыл бұрын
Thank you!
@bryanpalaciosc3 жыл бұрын
Top-notch advice from you, Garry, the mentor I am learning from all this amazing content. Keep it up :)
@KelechIwuaba3 жыл бұрын
Literally never been a founder or wanted a startup but here for the learnings. Maybe one day I'll be there. But at least I've got a resource
@peernetwork3 жыл бұрын
Hello we are Peer Nice vid and great contend helps us improve our business. The best thing to never run out of money is to create your own XD
@GarryTan3 жыл бұрын
Well said! Revenue is the best.
@f4n6272 жыл бұрын
Very insightful, thank you Garry
@vijaylakshminarayanan70523 жыл бұрын
Amazing content coming just after our first seed round 💯Need to already plan the next gas station 😀
@jasoneks3 жыл бұрын
If only I can like this video twice 😂 keep it up, looking forward to learn more 👍
@MRAREPAMRAREPA3 жыл бұрын
Thank you very much Mr.Garry Tan it's always so empowering and uplifting to listen to you sir.
@rayjenscode3501 Жыл бұрын
I learned so much to you Garry, very realistic. Thank you very much
@wasifsmehdi2 жыл бұрын
A great video! Super insightful.
@basheershaik18633 жыл бұрын
This is "Gold" dropped for free!!! How to know my growth numbers are true? is my question these days..Now I found the answer in this video!!! Thanx a lot Garry!!
@ramkrishnnarao35603 жыл бұрын
Great insight Gary. Thank u
@juanmacortes Жыл бұрын
I just love this guy.
@doxologist2 жыл бұрын
Hopefully one day I can use all this excellent advice in my own Startup. For now, gotta put my head down and build! Thanks for this awesome content Garry :)
@garv32932 жыл бұрын
Y combinator Advice - Launch Now!
@unabuenasemana3 жыл бұрын
Learned a lot from this video, thank you Garry! ✨🙏
@cryptoRen7 Жыл бұрын
thank you Gary!
@mohamedrasvi93413 жыл бұрын
Wow this is the content I have been looking for
@GarryTan3 жыл бұрын
Thanks Mohamed!
@richardgrant86343 жыл бұрын
Garry is so helpful
@rosesterling30333 жыл бұрын
Brilliant insight! Thank you
@GarryTan3 жыл бұрын
Glad it was helpful!
@rakeshraveendra74113 жыл бұрын
Hey can you make a video on how to raise funds ?
@tomsissons33363 жыл бұрын
Gary keep this up ur building future billionaires !!!!
@cphshum1233 жыл бұрын
Awesome video Garry thanks! Do you mind unpacking more on Net & Gross Revenue? When you hear 5-10x valuation on revenue for SaaS, is that extracted from Net or Gross? If it is a pure SaaS, Net & Gross should be quite similar with a smaller proportion of COGS. Thanks!
@GarryTan3 жыл бұрын
I tend to use net and then when valuations get wacko its because they are using next year’s net.
@James_C_Park3 жыл бұрын
Always, thanks!
@ElektroDrrrEL3 жыл бұрын
Thank you! Thank you !!! this channel is a gold mine
@TheKiller20643 жыл бұрын
This is pure gold!
@GarryTan3 жыл бұрын
Thank you!
@asdqwe45283 жыл бұрын
Fantastic video Garry. Thanks for sharing!
@GarryTan3 жыл бұрын
Glad you enjoyed it
@NgnMark3 жыл бұрын
The first 23 seconds would totally be me 😅
@richardantao32493 жыл бұрын
Gold mine insights! Awesome video Garry, thanks for sharing
@AzriRich883 жыл бұрын
Great input and plan of what to do with10 million
@prashantbhrgv3 жыл бұрын
Thanks for putting out awesome content Garry! Absolutely love this
@GarryTan3 жыл бұрын
Thank you Prashant!
@DrugMusicNFT3 жыл бұрын
Well spoken Garry. Blessings
@JunCoolB3 жыл бұрын
Tnks for the learnings. You always throw out a ton of very useful videos.
@GarryTan3 жыл бұрын
My pleasure!
@shuoyang90853 жыл бұрын
Awesome topic and content, Garry!
@Virgilttr3 жыл бұрын
Amazing Garry! Thank you very much!
@GarryTan3 жыл бұрын
Thank you!
@ebrahimmoamer91983 жыл бұрын
Great as usual!
@GarryTan3 жыл бұрын
Thanks again!
@talalalgain7983 жыл бұрын
I love you constant. 👍🏼
@bennydimirco50733 жыл бұрын
Another gem Garry!
@martinrandolph82203 жыл бұрын
Amazing Gems here Gary. This is life for me 🚀🗝
@rightright65823 жыл бұрын
Thank u, great content. Not ready for a challenging question related to our majority partner: Taxes, taxes and taxes; Later.
@CaptainPlanet0073 жыл бұрын
Wow! You dropping them gems 💎
@nvcho3 жыл бұрын
Awesome video Garry!! Would love a similar one for raising pre-seed as a first time founder! And all the roles a founder must have when starting out...
@GarryTan3 жыл бұрын
Here's the roles one - will do one for pre-seed later. blog.garrytan.com/six-skills-for-startup-success-what-founders-can-do-to-improve-their-chances-before-they-take-the-plunge
@SamTheOilMan3 жыл бұрын
Great video to help get startups in the right mindset.
@anthkwok3 жыл бұрын
Thanks Gary, this was super helpful 🙌🏽
@mohamedrasvi93413 жыл бұрын
I have a question do usa vc firms invest on foreign market ? Like example startup target market is not usa ?
@GarryTan3 жыл бұрын
Sometimes, usually if it is pure software (e.g. selling software to people no matter where they are in the world) but usually not if it is something that requires local market understanding (e.g. delivery marketplaces, fintech, healthcare, etc.)
@GianluigiBallarani3 жыл бұрын
Crazy value ❤🚀 tnks!
@Arkentos92 жыл бұрын
Can you please talk more about the what metrics VC love in Startup ?
@_zeketorres3 жыл бұрын
Great stuff! ask the question "How will I get paid back?" thanks Garry! keep up the great videos!
@gman21213 жыл бұрын
Great video and really well edited. +1 new subscriber :)
@GarryTan3 жыл бұрын
Thanks for the sub!
@DemyanLavor3 жыл бұрын
Good advice
@kwawmannanjnr2 жыл бұрын
I’m finally getting locked into the startup mindset
@teodosp3 жыл бұрын
Great video Garry! Thanks for doing this.
@GIOVANNYGARCIAHOLGUIN3 жыл бұрын
I have learned a lot with your videos Mate, thanks, a million thanks....
@kristopherleslie83433 жыл бұрын
Thx very useful
@conocerseasimismo2 жыл бұрын
Found the video. Great 🦡
@elijahclaude34133 жыл бұрын
This is soooo great!!
@nickhumph3 жыл бұрын
Great video Garry 👏 super helpful as we grow
@stevexie85113 жыл бұрын
Great content as always Garry. I have a question about focusing on retention than growth - what are your views about the perception of growth that is required to generate interest into customers piloting your products? This is especially true for consumer startups where branding and credibility is sometimes important to even land the first customer.
@GarryTan3 жыл бұрын
Figure out the smallest set of users you need to prove network is working
@ashrhazaly49933 жыл бұрын
Would have been great if you still did OH alongside the current YC partners 😁
@KaranSingh-wu8qq3 жыл бұрын
Hi Garry: Very structured and insightfu video. I was curious about what KPI to measure for market place for mortgages and home buying. On average the customer comes to the marketplace once in 7 years. Will retention be the right KPi to measure in this case or will referral growth be the right KPi to measeure - because it can be measured over a shorter time window
@ritvik50643 жыл бұрын
Hey Garry, another great one, could you explain how 110% retention is possible?
@GarryTan3 жыл бұрын
Existing customer spends more money over time (sends to more users, upgrades to higher tier plans etc)
@gaboronem86153 жыл бұрын
This is great content, thank you
@Faizalxg3 жыл бұрын
Hi Gary, awesome content as usual ❤️ What's your advice for a marketplace/ social network where you need significant growth of users to be meaningful for retention?! Thanks in advance ❤️
@ShaneBurns3 жыл бұрын
Thoughts on 1. Measuring NPS alongside retention? 2. Changing leadership in marketing and sales before slashing budget?
@GarryTan3 жыл бұрын
NPS is a vanity metric compared to retention. But it's fine to use to impress investors when your retention metrics are bad.
@ShaneBurns3 жыл бұрын
@@GarryTan A Medallia marketing manager just keeled over. Is there a metric you value for tracking referrals or virality?
@mclarentee3 жыл бұрын
Thank you so much!
@nelsonnng62493 жыл бұрын
How can I find investors focus on investing global food ecosystem, B2B marketplace?
@gooffapp3 жыл бұрын
🤗 pat on the back
@GarryTan3 жыл бұрын
Thanks!!
@chrisharrisglobal3 жыл бұрын
Hey Garry! Awesome video! I’ve watched tons of your videos, the only thing is, I still didn’t know you have a venture firm from any of your videos. Is there a reason you don’t promote it specifically much? Is this a strategy? Just curious about your thought process, or maybe this comment is helpful to let you know there may be lots of people looking for investors that didn’t know you have a fund! Myself included : )
@mrniksharma3 жыл бұрын
My guess is that's because his goal is to give the best advice with the channel instead of just use it to source leads for investments!
@GarryTan3 жыл бұрын
Mostly focused on helping people make more successful startups just like Paul Graham’s essays. The score takes care of itself.
@meetmahmod3 жыл бұрын
@@GarryTan yes 💯 I noticed that in many of your videos. Paul's essays are written long form essays and your video content is 🔥
@pensarfeo3 жыл бұрын
Is it me, or the link for the "Becoming profitable" video is missing?
@nat.serrano3 жыл бұрын
I foresee these videos will be shown in college campus or Gary’s university in the future
@refaelwhyte62433 жыл бұрын
Wish I watched your videos years ago.
@GarryTan3 жыл бұрын
Thanks Refael!
@o.h.w.6638 Жыл бұрын
“investment funds DON’T belong to you personally” yikes that actually need to be clarified
@justthej3 жыл бұрын
🙏🏾
@musictorelaxandunwind3 жыл бұрын
i dont any vc or angel investors in australia do u any ,no luck so far
@JoshsDevBox3 жыл бұрын
Meanwhile I’m just tryna survive at these company lol.. btw thanks for the excellent content!
@aliensonmars36623 жыл бұрын
Gary finally got dark mode in his profile.
@_zeketorres3 жыл бұрын
My question, is what does "good growth" look like for pre-revenue startups?
@GarryTan3 жыл бұрын
10% weekly growth from small numbers
@_zeketorres3 жыл бұрын
@@GarryTan that’s awesome, super helpful, thanks!!! We launched a little over 3 weeks ago and we are at 7017 download and 4026 users. • As an early startup what’s the ideal length of time for that sustained growth?
@alexpaden8544 Жыл бұрын
this comment is because the video was good
@senju313 жыл бұрын
10 million? I'd be great with 10,000.
@aidenkim66292 жыл бұрын
2:40 That’s why Jeff bezos rented a shitty office building when Amazon was wroth 30 Billion since “the customers won’t see it”
@Themmi0013 жыл бұрын
A lot of investors are confused and go into deep research, for a trusted and legit platform to trade and invest their equity & get tangible returns
@Anythingbhakti3 жыл бұрын
10 billion 😁😁
@kayondoedward3 жыл бұрын
pretending the problem is not there, wont solve it
@GarryTan3 жыл бұрын
Gotta face problems head on!
@shashwatpuri61823 жыл бұрын
So 10k people have raised 1mil for their startups I see..