This is a really straight forward explanation of how to implement cards in Twitter. Each social platform (Pinterest, FB, Goog Now, Twitter) requires a different implementation to achieve a similar goal. This is a good nuts and bolts view of what you need to do in Twitter to make it happen
PG, it's not just YC that I'm talking about, it's lots of other accelerators...but i do have multiple concrete datapoints from investors who committed on the spot across accelerators post demoday...
re: 3-5 yr commitments: that's how long it takes to exit a company. As a founder, I view the acceptance of outside capital as a commitment to return their investment. emotionally, i think you are signing up for the long hall when you accept investment
re: Greplin, i agree, perfect example of someone who actually didn't try to raise a big seed round at demo day, but capitalized over time after demo day, once he was more sure of what he was doing...i think that's the model to follow, not just raise because it's demo day, right?
Committing on the spot can happen, but it's the exception, and a small one. I'd be surprised if it accounted for 5% of investments out of DDay. So it's misleading to describe DDay as if that was how things worked.
It was not a tactical choice by Greplin not to raise a large round after DDay. No one would give them one. But your advice for me was not to tell people only to raise small amounts. I often do that. You said I should tell people to quit, which would be a mistake, because I don't know yet which ones I should be telling to quit.
hey, i just want to be clear. i wasn't writing that post to you. I've been to demo days from a bunch of accelerators, so i'm drawing on datasets beyond just YC and YC Dday...but in your case, i'm not suggesting that you tell people to quit, but i do think there should be a group who are told "you're not there yet, you shouldn't try to raise capital now" or something like that. Let them work through and get to a point where they are confident in their businesses before they raise, etc...
definitely agree, explicitly soliciting feedback and input is better than just hoping for response to updates. but even if an investor has 10's or 100's of investments, reading and replying to updates is the minimum commitment they should make to their companies. if they are to busy to read and reply to their portfolio entrepreneurs, they shouldn't be making new investments...