builders

YCombinator's Kevin Hale on How to Pitch to VCs

cascdr

- Being concise in company descriptions is crucial for clarity and efficiency.
- Conciseness indicates deep thinking about the idea, efficiency in communication, and understanding of the most important aspects of the business.
- Descriptions should focus on clear nouns, the problem being solved, and the target customer.
- Avoid abstract and story-like descriptions, and instead opt for concise, descriptive statements like Airbnb and Dropbox examples.
- Using "X for Y" format can be effective if the X is a household name, the target audience wants X, and the market is large.
- Concise descriptions should spark curiosity and lead to further questions about the business.
