Article · 25 min read

A Playbook for Fundraising (and building your pitch)

Lenny Rachitsky · Lenny's Newsletter Freemium Intermediate

A modern, tactical fundraising and pitch playbook aggregating advice from top operators and investors. Strong on how to build the narrative and materials that actually move investors today.

  • Spend real time (weeks) building the deck and narrative; the story is the product you're selling
  • Make the pitch conversational and use slides as backup, not a script
  • Nail the 'why now' and the narrative before obsessing over design

It answers 5 questions

  1. What slides should my pitch deck have, and in what order?
  2. How do I tell a compelling story instead of just listing features?
  3. What actually happens inside a VC partner meeting when I pitch?
  4. How long should my deck be, and what goes in the appendix?
  5. I keep hearing 'why you' matters to investors. What are they actually looking for when they ask it?

Read with it

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  2. The de facto global standard for pitch deck structure, straight from Sequoia. The same outline Airbnb's founders used; if you... Sequoia Capital Template · 10 min read Writing a Business Plan (The Sequoia Pitch Deck Template) Sequoia Capital
  3. A behind-the-curtain playbook for the partner meeting, from a First Round partner and former founder. It explains the internal... First Round Review Article · 20 min read What You Can Really Expect When Pitching Your Seed-Stage Startup at a VC Partner Meeting Liz Wessel, First Round Review
  4. The definitive essay on where good ideas come from: notice problems you personally have, don't force it. Use it as the lens for... paulgraham.com Essay · ~20 min read How to Get Startup Ideas Paul Graham
  5. A YC partner who has read thousands of applications tells you plainly what separates the founders who get in from the ones who... YC Startup Library Essay · Long-form essay / talk How to Apply and Succeed at Y Combinator Dalton Caldwell
  6. Video · ~35 min How to Pitch Your Startup Kevin Hale
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