How Rippling Raised a $45M Series A – Without a Pitch Deck | Hacker News Reader

How Rippling Raised a $45M Series A – Without a Pitch Deck

rippling.com

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Because of Parker Conrad

Saved you a click.

And a rich kid from the Upper West Side.

Startups are much easier when your born wealthy and your parents have wealthy/connected friends.

I'd be a rockstar if I was blessed with such a path.

Not jaded this is just the reality for many successful startup founders.

I wonder what portion of startups with significant early funding are founded by children and/or relations of already wealthy and successful people?

He went to Harvard. He described his own high school efforts as "mediocre grades". Clearly smart and driven, but taking lessons from his experience is probably unwise. OT: at some point the Ivy's reputations have to get a little tarnished when it becomes obvious they admit mostly legacies and donors.

They don't have a Pitch Deck.

But they do have an Investor Memo + Metrics Deck.

Must be a really slow SEO day over at Rippling.

Basically an advertisement.

Yah. And when you do click it’s a lead gen capture form for email. AKA all marketing spam. I actually think it’s a nice service. Just being a little dishonest with this statement.

2005 - Hey guys I innovated and made a better business plan for potential investors it's called a pitch deck

Us - cool

2019 - hey guys I innovated and made a a better pitch deck it's called "an investor memo"

Us - wait isn't that just the business plan we used to make

2019 - disappears quietly

Downvote me if you must but to me this totally falls into the “startup porn” category of news. Im genuinely excited more companies are working on these problems, but this isnt a pattern you can necessarily repeat.

Love this and I have tried to use memos a few times myself in place of slides decks.

Isn't this an old idea though, it's basically a prospectus?

This is what you should be distributing anyways. The first is the investor memo, and it should go out before the pitch. Then you take your deck and go in person for the pitch. Then people will have Q&A time, get to know the company at a more personal level, and not spend their time there reading.

So.. this is just an overly wordy powerpoint?

lol. so innovative. literally a brochure...

Is rippling copying Uber's design ?

TLDR;

Basically with a pitch deck that we are calling a memo.

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