Why Adam Renklint Raised $137M... and Gave it Back
Nov 21, 2024•51 min
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Episode description
This is how Adam raised $137 million for his startup, Pitch, but then turned it into a cashflowing business instead.
📚 1,800 Pitch Decks (Free) → deck-database.carrd.co
Follow Adam's journey:
🐦 X → x.com/adamrenklint
💼 LinkedIn → linkedin.com/in/adam-renklint
🚀 Startup → pitch.com
Follow us:
🔔 Subscribe → youtube.com/@foundingjourney
📝 Newsletter → join.foundingjourney.com
📈 Founder Membership → upgrade.foundingjourney.com
💼 LinkedIn → linkedin.com/in/michael-houck
Company Founding & Leadership Insights
- (00:45) — Starting Pitch with 8 Co-founders
- (16:06) — The Pitch founding story
- (04:26) — Product-led CEO: pros and cons
- (07:19) — Transitioning from CTO to CEO
- (31:39) — Keeping the team motivated during chaos
- (38:23) — Balancing mourning after layoffs with future focus
Company & Product Strategy
- (10:25) — Product usability as a differentiator
- (13:21) — Shipping quickly within a framework
- (20:21) — Changing the aspirations of Pitch
- (26:08) — Discussing aspirational change with investors
- (28:16) — Identifying early investors
Pitching Best Practices
- (42:07) — Common pitch deck mistakes
- (46:36) — The pitch for well-designed decks
Rapid Fire
- (48:57) — Recommended investors?
- (49:30) — One change you’d make in startups?
- (49:56) — Advice for first-time founders?
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