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Gabe Perez

AMA w/ YAC - From PH Makers Festival to raising $7.5M

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Product Hunt
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Excited to host an AMA with the team from YAC today at 1pm! From winning the Product Hunt Makers Festival to the just-announced $7.5M Series A, ask the YAC team about their maker journey. Drop your questions below πŸ‘‡
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Gavin Dove
Biggest counter-intuitive learning you came across in the process of raising a series A?
Justin Mitchell
@gknd95 Ditch the deck and pitch using storytelling. Decks are tired. Very data driven and an investor is investing in your team as much as they are your product, if not even moreso. We always made one and always sent one, but first call shouldn't be a presentation.
Garrett McCurrach
What is the most important thing to focus on when fundraising?
Justin Mitchell
@thegarrettscott Storytelling! I never go over a deck live on the call (or even when we went in person pre-pandemic). I always send the deck post call and focus on telling the investors why we are the right people to build this and why this is the right thing to build.
Kirubha
What are you guys most excited about?
Hunter McKinley
@k17ubha integrations. The current version of Yac lays the foundation to fundamentally change the way people work. Think Shopify but for work communication.
Tasos V
Hi Gabe! I have a question for you. We have 1,300 users in 7 months, +24% RR of Day30, and in the last 4 days we got our first 3 paid customers. Are we ready for an angel investment? Is that enough, or should we focus all of our energy in anything but hunting investors?
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