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Numbers Don't Tell the Whole Story #shorts

Name: Numbers Don't Tell the Whole Story #shorts
Uploaded: 2024-04-15T18:00:05+00:00
Duration: 35 s
Channel: Royston G King
Description: In this brief YouTube short, the speaker argues that sharing numeric projections during a fundraising raise can be counterproductive. By providing a…

15 Apr 2024 · 1 min

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0:35

In this brief YouTube short, the speaker argues that sharing numeric projections during a fundraising raise can be counterproductive. By providing a specific valuation figure, founders may unintentionally cap the listener’s imagination about the company’s potential upside. The speaker prefers to withhold concrete numbers, allowing investors to envision a much larger future value, which can lead to more ambitious expectations and a stronger pitch.

Chapters

There's nothing that ruins a raise better than numbers. There's nothing that— Can't numbers help a raise though? No, no, literally. Here's the thing, numbers lets people start imagining and understand the terminal velocity of the value of the business, right? Like, I never tell people projections. Like, what if in my head the company's $100 million, but in your head it's a billion? I say it's $100 million, you're like, oh, oh, so It's too small, right? I want the other person to imagine how big it's going to get.