A short YouTube clip of Marc Andreessen recounting Steve Martin’s advice—'be so good they can't ignore you'—and applying it to startup fundraising. Andreessen argues that building an indisputably successful business attracts investors, while vague plans without traction make fundraising much harder.
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So the number one piece of advice that I've ever read and that I tell people on these kinds of topics is always, it's from the comedian Steve Martin, who I think is an absolute genius, wrote a great book on his startup career, which obviously was very successful. The book's called Born Standing Up. It's a short little book, and it describes how he became Steve Martin. And the heart of the book is he says, what's the key to success? He says, the key to success is be so good they can't ignore you. Right. And so, in a sense, like all this, we're going to have this entire conversation, I'm sure we'll keep having it, about how to raise money, but in a sense, it's all kind of beside the point, because if you do what Parker has done and you build a business that is going to be a gigantic success, then investors are throwing money at you. If you come in with a theory and a plan and no data, and you're just one of the next thousand, it's going to be far, far harder to raise money.