Fundraising Tips From Vungle Founder Jack Smith – Hustle Con 2016
About this video
Jack, founder of Vungle, shares his journey from being the underdog at Angel Pad accelerator to raising $2 million in seed funding led by Google Ventures. He provides practical tips for first-time fundraisers on seed rounds, including how to shift the power dynamic in pitch meetings, structure pitch decks like picture books, make traction memorable, and communicate your business simply.
Key takeaways
- Shift your mindset in fundraising from begging for money to having a level playing field conversation—VCs need to find good startups as much as you need their capital
- Design pitch decks as picture books with minimal text and big visuals that create natural conversation structure, and focus on building relationships rather than delivering polished presentations
- Make your traction memorable by highlighting one headline metric with a timeframe (e.g., ‘2,000 users in 3 weeks’) rather than cramming multiple stats, and be able to describe your business in a tweet so investors can easily pitch it to others
Episode details: published June 15, 2016 · 2.5K views · 18:43 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.
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