To Our Clients & Friends: Welcome to our weekly series entitled “Helping Entrepreneurs Succeed.” Each week, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics. This week, we present Kevin Systrom, the co-founder and CEO of Instagram.
In this interesting, three-minute clip (courtesy of Stanford University’s Entrepreneurship Corner), Kevin provides some outstanding advice with regard to raising capital, including the importance of:
• seeking out the people you want to work with;
• optimizing for people, not for valuation; and
• finding investors as if you’re hiring part of your team.
Kevin also discusses the importance of bringing a prototype to a pitch meeting (as opposed to a deck), which is indeed solid advice. I hope you enjoy it. Many thanks, Scott