To build immediate trust and demonstrate value, QED partners engage with founders by simulating a board-level conversation from the first meeting. This "pretend I'm your investor" approach showcases their expertise and builds rapport, proving their founder-friendliness rather than just promising it.
A16z's content strategy allowed entrepreneurs to feel like they "knew" the partners before ever meeting them. This pre-established rapport is a powerful competitive advantage, creating a baseline of trust and alignment that competitors without a public voice lack. It transforms a cold pitch into a warm conversation.
Go beyond simple customization and build proposals using the customer's own words and lingo from discovery calls. Reflecting their exact language back to them proves you listened and understood their unique pain. This makes them feel heard and emotionally connects them to the solution, creating urgency.
Instead of asking standard discovery questions, top performers pose strategic questions that require joint exploration. This shifts the dynamic from a sales pitch to a collaborative problem-solving session, creating a deeper partnership and revealing unforeseen opportunities that standard questions would miss.
To win highly sought-after deals, growth investors must build relationships years in advance. This involves providing tangible help with hiring, customer introductions, and strategic advice, effectively acting as an investor long before deploying capital.
Instead of walking into a pitch unprepared, Reid Hoffman advises founders to use large language models to pre-emptively critique their business idea. Prompting an AI to act as a skeptical VC helps founders anticipate tough questions and strengthen their narrative before meeting real investors.
Instead of a feature-focused presentation, close deals by first articulating the customer's problem, then sharing a relatable story of solving it for a similar company, and only then presenting the proposal. This sequence builds trust and makes the solution self-evident.
Structure customer validation across two meetings. The first is framed as a request for help to validate an idea, building rapport without sales pressure. The second presents the honed solution based on their feedback, creating a natural and easier transition into a sales conversation with a trusted partner.
Instead of a typical first sales call that quizzes a prospect, Stripe implemented collaborative whiteboarding sessions. By jointly mapping the prospect's technical architecture, the sales team gathered deep insights while the customer received a valuable asset (their own architecture diagram), establishing a value-add relationship from the start.
Shift the first meeting's goal from gathering information ("discovery") to providing tangible value ("consultation"). Prospects agree to meetings when they expect to learn something useful for their role or company, just as patients expect insights from a doctor.
QED Investors realized they were misusing their famous founder, Nigel Morris, by only bringing him in for the final call. They now strategically deploy him early in the process to open doors and build relationships with target companies, using his reputation as an asset for outreach, not just a closing tool.