Fundraising

Y Combinator is widely regarded as the most successful startup accelerator in the world and the top choice for world-class entrepreneurs. They've helped incubate more than 90 unicorns, 45% of their companies go on to raise a Series A (higher than the 33% average), and the combined market cap of their startups is currently over $600B. To honor the final day you can apply to Y Combinator’s first-ever Spring batch (i.e. X25), I teamed up with past collaborator Palle Broe on the most in-depth and intriguing analysis you’ll find anywhere of the world’s most successful startup incubator. Palle spent over 100 hours (!!!) digging through all available public data to pull back the magic that is YC—so that others can learn from their success. Key takeaways 1. YC has gone from being a Consumer investor to primarily a B2B investor. Consumer companies have resulted in over $200 billion of market cap, while B2B companies are currently privately valued at some $170 billion and are on the rise. 2. Based on batch profiles, founders are betting on AI (specifically, B2B AI) to be the next big thing. The most promising subcategories include “Engineering, Product, and Design,” Infrastructure, and Sales. 3. Solo founders are at a disadvantage. Although solo founders are encouraged, the data does show a steep decline in the number of them accepted to YC. 4. Success has so far been driven by U.S.-founded companies. More than 70% of the startups have been founded in the U.S., and to date, 99% of returns have come from the U.S. 5. The durability of YC companies is significantly higher than that of the average startup. More than 50% of companies are still alive after 10 years (vs. 30% average). 6. The chances of startup success are higher with YC. 45% secure Series A (vs. 33% average), 4% to 5% become a unicorn (vs. 2.5% average), and 10% achieve an exit. 7. The VC power law also exists at YC. Four companies account for more than 85% of YC’s returns to date: Airbnb, Coinbase, Reddit, and Instacart. 8. The investors in YC companies are the “crème de la crème.” Tier 1 VCs frequently invest in YC companies, and some have made several hundreds of investments. Here's the full post: https://lnkd.in/gR8mr5XT

Sitting on the other side of the PhD scholarship table as a reviewer, I saw just how tough the competition is. Here’s what every applicant needs to know to stay prepared and resilient. I recently reviewed PhD scholarship applications, and one candidate stood out. They had a first-class degree, published papers, scholarships, awards, interned at a prestigious institution abroad, and had glowing recommendation letters.  They were scoring high marks in every category, until I reached their research proposal... It wasn't strong enough. They lost just 2 points, resulting in a score of 13/15. The heart-breaking reality is: Out of 100 applicants, only 20 scholarships were awarded and every successful candidate scored 14/15 or higher. Let that sink in. This person wasn’t a weak candidate. They weren’t “not good enough.” The competition was just that intense and funding is limited. The margins between acceptance and rejection are razor-thin. This is why I want you to hear this: 📌 A rejection doesn’t mean you’re unworthy of a PhD scholarship. If you've received that dreaded email: Take a deep breath.   Regroup.   Enhance your portfolio.   And try again. Here is what you can do to improve your chances next time: 1️⃣ Get research experience Work on projects that could lead to publications. 2️⃣ Build strong academic relationships So that your recommendation letters truly shine. 3️⃣ Apply for small grants and awards Every achievement strengthens your application. 4️⃣ Start early with supervisors Align your research interests and begin conversations well in advance. 5️⃣ Perfect your research proposal Invest significant time crafting a compelling, well-structured proposal.  Your research journey isn't over – it's just taking a different path than you expected. #PhD #Scholarships #Academia #Research #GradSchool #LearnWithSofiat

10 tactics to control costs A guide which provides you the tools for cost reduction When I was head of finance, we were facing a challenge: → How to reduce our hourly rate to stay competitive This became my number one priority to help the business And we succeeded to decrease our hourly rate by 3% while inflation was up! Today I am sharing the tactics to reduce costs: 1. Budgeting and Forecasting: • Importance: Plan and estimate costs, revenue, and expenses. This is where you can get your team to commit on cost reduction. • Focus: Use accurate data and update budgets regularly. 2. Variance Analysis: • Importance: Compare actual performance with budgets to identify deviations. If you found a variation, there is a big chance that you have a topic to explore to reduce costs. • Focus: Investigate significant variances for improved accuracy. 3. Cost Allocation: • Importance: Distribute indirect costs for accurate pricing and control. • Focus: Maintain fair and updated allocation methods. 4. Activity-Based Costing: • Importance: Assign costs to specific activities for better resource allocation. • Focus: Identify and measure cost-driving activities accurately. 5. Zero-Based Budgeting: • Importance: Justify every expense to optimize resource allocation. • Focus: Balance rigor with operational continuity. 6. Cost-Benefit Analysis: • Importance: Compare project costs with expected benefits. • Focus: Consider tangible and intangible factors. 7. Cost-Volume-Profit Analysis: • Importance: Understand how sales, costs, and pricing impact profitability. • Focus: Validate fixed and variable cost assumptions. 8. Inventory Management: • Importance: Optimize inventory levels to reduce costs. • Focus: Use EOQ and JIT techniques for efficiency. 9. Vendor Management: • Importance: Evaluate and maintain supplier relationships. • Focus: Assess performance and diversify suppliers. 10. Procurement Management: • Importance: Acquire goods at the best cost with quality. • Focus: Establish clear procurement processes and collaboration. 👉 What is your favorite method to find cost reductions?

Marketing brain is 24/7. Its a curse 😂 This question kept our marketing team up for months "How can we improve our sponsor experience?" One simple q during our all hands We all hyper focused on it It lived rent free in our heads Which is the beauty of marketing But also the curse haha Once you get INCEPTION, you cant shake an idea So we went to work thinking through everything we could to level up our sponsor experinece for all our brand partners who are often investing $ six figure amounts. The creative burden of this question led us to revamp our entire sponsor experience, starting with dashboards. This ended up being the biggest driver of sponsor NPS. Real time registration dashboards for sponsors. That we now run with this 4 step flow. Here's how it works 👇 Step 1: Real time registrant enrichment As attendees register, we automatically enrich each profile using Clay, Clearbit, and internal logic. This gives us a live data set with firmographics, technographics, company size, title level, and geography. Step 2: Sponsor facing filters Each sponsor can view the dashboard through their own lens: Want to break down VP+ titles in financial services? Filter. Want to see companies with 200 to 1,000 employees? Filter. Want to segment by RevOps tools in the stack? Filter. Step 3: Weekly summary reports Every Friday, sponsors receive an email with three key indicators: 1. New registrants 2. ICP match rates 3. RSVP velocity Step 4: Mid flight upgrade triggers If a spike in target accounts shows up two to three weeks before the event, we give sponsors the option to upgrade in real time. That might include adding things like: Extra 1:1 meeting rooms Booking a sponsored dinner slot Adding a breakout or session bump -- My final 0.02 for you The best marketing takes obsession When you obsess over the customer experience like this, you're bound to come up with at least a few winning ideas. Even if you have a few clunkers a long the way. So set a high standard for 10X ideas inside your org and give people the space to take big swings, not just small optimizations of your current state. Marketing brain is a beautiful thing (even if it drives us crazy along the way 😂)

If you're a founder trying to fundraise right now, it probably feels like the entire venture world has gone quiet. The response times are slow, OOOs are on and it’s easy to feel like you’re losing momentum. Don't stress. The summer slowdown is predictable, and it's not a setback, it's a gift of time if you use it well. I see this every year... The founders who scramble to send frantic emails in July/August are the same ones who struggle in the fall with an over-shopped deal and the fatigue of an endless fundraise. But the founders who use this quiet period for deep, focused preparation are the ones who run a crisp, successful process after Labor Day. The fundraising race is won in the prep lap. Here are a few things you can do right now to prep for a big fundraising push this fall: 1. Build a High-Fidelity Investor Pipeline. Go beyond a simple list of names. Create a comprehensive document that tracks every firm and partner, their specific thesis, your history with them (if any), your connections to them and crucially, the feedback they've given you in the past. This turns your outreach into a strategic campaign. 2. Assemble a "Push-Button" Data Room. Don't wait for an investor to ask. Build your data room now so it's ready to go at a moment's notice. This includes your customer contracts, cohort analyses, deck, references and financial model. A well-organized data room signals professionalism and creates momentum. 3. Craft a "Juicy" Forwardable Blurb. The best introductions are easy to forward. Write a tight, compelling, one-paragraph teaser. It must include a unique insight on the market, why your team is going to win and any key metrics. This makes it effortless for people like me to advocate on your behalf. 4. Pressure-Test Your Narrative. Use this time to pitch trusted advisors, mentors, and other founders. This isn't about memorizing a script, it's about finding the weak spots in your story. Ask them to be ruthless. The tough questions you answer now in a friendly setting will save you in a rapid fire partner meeting later. 5. Get Your "Diligence" in Order. This is the one everyone forgets. Talk to your lawyer now. Make sure your corporate governance is tight and your cap table is accurate (and clean). Uncovering a messy problems during late-stage diligence can kill a deal. Solving it now is a massive de-risking event. 6. "Warm Up" Your References. Your best customers are your most powerful asset. Don't wait until an investor asks for a reference call to talk to them. Re-engage with your top 3-5 champions now. Check in, share your progress, and get them excited about your vision. A reference who is prepped and genuinely enthusiastic is infinitely more impactful. The fall fundraising season will be here before you know it. The work you do in the quiet of August will determine the success you have in the chaos of the fall. We are prepping for our next fundraise as well so this is how I'm spending my time💥

After decades of working with leaders at companies like Apple, Salesforce, and Cisco, we've identified 4 storytelling techniques that consistently work to deliver important messages in high-stakes settings: 1. Start with the unexpected Don’t begin your presentation with context. Instead, begin with the moment that makes people think, “Wait…what?” Instead of something like: “Here’s an update on our September campaign…” Try starting with the most interesting detail: “I broke our biggest marketing rule last month, and it worked.” Lead with the surprise. You can add context later. 2. Let people feel the tension After the surprise, don’t rewind to the beginning. Take your audience to the moment where things weren’t working. Flat numbers. Missed goals. Stalled progress. Instead of: “The campaign was underperforming, and our team went back to the drawing board.” Try:  "We were two weeks out from the end of the quarter. The campaign wasn’t producing results, and the team was out of ideas. That’s when I decided to take a risk...” You don’t need to explain the problem. You need to make people feel it. 3. Use real dialogue When your audience hears what was actually said, they stop listening to you and start visualizing the moment. This helps them connect emotionally with what you’re saying. Instead of: “The campaign manager said team morale was low and they were struggling to find a solution.” Try: “My campaign manager pulled me aside in the hallway and said, ‘We’ve tried everything. The team has been working overtime, and we don’t know what else to do.’” Dialogue brings listeners into the moment with you. It makes the story real. 4. Share the lesson Never assume people will infer the meaning you intended. End your story by answering: - What does this mean? - How should someone act differently now? Example: “Breaking our biggest marketing rule helped us turn this campaign around and hit our numbers. I strongly suggest we revisit our marketing guidelines. We could be leaving a ton of revenue on the table.” Without the lesson being clear, even a good story feels unfinished. These are the same techniques we teach to our clients at Duarte. Try them out during your next presentation and watch how people lean forward and tune in to your message. #ExecutivePresence #BusinessStorytelling #PresentationSkills

A Stanford startup just built a wearable that tracks your hormones continuously. 10 biosensors. No blood draw. Shipping November. Most wearables completely ignore the system that controls a lot of our health: our hormones. It estimates estrogen, progesterone, LH, and FSH in real time by combining skin temperature, HRV, heart rate, breath rate, electrodermal activity, and sleep data through AI. Not a one-time test. Not a urine strip. Continuous, daily hormonal intelligence. From first period through menopause. Why does this matter? Because hormones are one of the most overlooked layer in health, for women AND men. Estrogen, testosterone, cortisol, thyroid hormones, they influence everything: → Energy levels → Sleep quality → Body composition → Mental clarity → Recovery → Mood → Metabolic health → Fertility → Aging And yet, for most people, hormonal health is invisible until something breaks. Women deal with cycle-related symptoms for decades before anyone connects the dots. Perimenopause hits millions of women with brain fog, fatigue, and anxiety and most are told "it's just stress." Men watch their testosterone decline year over year and don't even know it's happening until energy, focus, and drive are gone. We track 50+ biomarkers from blood panels. We wear rings that measure HRV to the millisecond. But hormones? Still a blind spot for most. That's changing fast. Clair is one of the first movers in continuous hormonal monitoring. Others like Peri and Level Zero are entering the space. Wearable giants are starting to decode perimenopausal signals. I believe hormonal health will be one of the big categories in health tech over the next 5 years. Not as a niche for fertility tracking. As a foundational layer, like sleep, like heart rate, like glucose. Because you can't optimize health if you're blind to the system that runs it. How much attention do you pay to your hormonal health? Source and source: Clair Website

Your gala just ended. You raised $125K. Everyone's exhausted. So you send a thank you email with photos. Just like every other nonprofit. And just like every other nonprofit, you watch those attendees disappear until next year's event. Here's what actually works: Your guests don't need another generic thank you. They need to see what their money did. The nonprofits converting event attendees into year-round donors follow a 10-day impact workflow: Day 1: Text thank you (personal, brief, sets the tone) Day 2: Email with photos and a single impact metric ("Your $50K will provide 200 families with...") Day 5: Impact story (one beneficiary, real name, what changed because of Saturday night) Day 7: Second impact story (different angle, reinforces the mission) Day 10: The ask (specific, tied directly to the stories they just read) But here's the part most people miss: not everyone gets the same sequence. Who bid? Who bought raffle tickets? Who was a first time attendee? Use that data to trigger different follow-ups: Bidders get a call from your ED before the email sequence even starts. Raffle participants get SMS nudges on Day 8 ("You bought raffle tickets. Would you consider a monthly gift of $20?") First-time guests get a longer nurture sequence focused on education, not asks. The workflow isn't complicated. But it requires two things most nonprofits skip: reviewing your event data and planning the sequence before the event ends. Stop treating your gala like the finish line. It's lead gen. And the real fundraising starts the moment your guests leave.

I once worked on an 8-figure gift where the board chair had one job: show up to one meeting and answer one question, "Why do YOU care about this mission?" He wasn’t there to recite program details or run the strategy. He wasn’t even there to make the ask. A team of expert staff did the research and together we set the strategy. Over 18 months, we met with the donor, hosted site visits, reviewed finances, and got to know the donor's whole family. We determined the right ask amount and the right moment. We brought the board chair to the solicitation meeting with one clear role: tell your story. He shared the moment he realized this work mattered and why he chose to join the board. I remember being a little nervous. Would that be enough? Would the donor want more technical details from him? But a board member brings something different to the table, a kind of peer influence that builds on the staff’s work. Board members are not on the payroll. They choose to give their own time and money, and that carries weight when they tell another donor, "Here's why I give. Here’s why I believe in this team.” Staff presented the funding opportunity and made the 8-figure ask. The donor said yes. It worked because of months of preparation, a donor who was ready, and staff and board who trusted each other to do their part. The board chair didn't need to know how to structure a gift of this size or understand cultivation timelines. He didn't even need to be comfortable asking for money. Staff can't manufacture peer credibility or replicate the power of one donor telling another donor, "I believe in this enough to give my time and money. Here's why." That opens doors, builds trust, and helps turn a good conversation into a yes. I've thought about this a lot since then. Board members often ask how they can help with fundraising, and I keep coming back to this: Join a solicitation meeting and share why you care, peer to peer. It's one of the most meaningful things you can do as a #nonprofit board member. Share why this work matters to you. You don't need to have all the answers. You just need to start the conversation. #NonprofitLeadership #MajorGifts #BoardDevelopment #Philanthropy #FundraisingStrategy

I completely misread a major donor's signals and lost a six-figure gift. It was humbling. And it transformed my approach to donor relationships. Here's what happened: After multiple positive meetings, I was confident our capital campaign proposal aligned perfectly with this donor's interests. The signals seemed clear—enthusiastic questions, facility tour requests, introduction to family members. I prepared an impressive proposal with all the recognition bells and whistles. I was already mentally spending the gift. When I made the ask, his response was immediate: "This isn't what I care about at all." He wasn't interested in naming opportunities or recognition. He wanted to fund scholarships for students like himself—first-generation college students from rural communities. The proposal I'd spent weeks crafting completely missed his core motivation. What I learned: - Enthusiasm doesn't always signal alignment - Assumptions are fundraising poison - Direct questions about motivations beat clever interpretation - Donors give from personal values, not organizational priorities I now ask every donor: "What aspect of our work matters most to you personally, and why?" The answer has never led me astray since. Share a valuable lesson from a fundraising misstep! 💡 If this resonated with you, join thousands of fundraisers who are sharing what works and what doesn't inside the Donor Participation Project. Join us here 👇 shorturl.at/qhMHM