Name: STARTUP EP 02 | 比特幣百萬富翁提出他的創業想法（以160萬美元賣出114 BTC）。 (STARTUP EP 02 | Bitcoin Millionaire Pitches His Startup Idea (Sold 114 BTC for $1.6M))
Uploaded: 2021-01-14T10:50:57.000Z
Duration: 12 min 14 s
Description: 【看影片學英語】數萬部 YouTube 影片，搭配英漢字典即點即查，輕鬆掌握單字發音與用法，長久累積看電影不必再看字幕。

轉承詞

So what happened to your startup well, I took a break because

That's some other priorities going on yeah, I want to work on personal development

程度副詞

you know building relationship networking and also just overall learning more and

over to my old hard drives because I want to find some important documents and some important notes and

I found something pretty interesting and when I clicked into it. You know. I just opened up the wallet and

And then it hit me I remembered you know I used to mine bitcoins. It was probably like five five or six years ago

I remember trying to get enough so that I could buy a pizza slice

I mean, I think you had I think you need like ten thousand big ones to get a slice of pizza

But yeah, I only had like a hundred something

Yeah, and I said to myself my god. What am I and do of all that money? It's crazy all the things I can buy

But then I remembered I live in Silicon Valley all I can afford a new house

But I mean I ran out of money, so I have to start making money again, but yes, so that's why I'm back

The pitch one of the most important aspect of your startup no matter

How great your ideas if you can't convey it, and you don't have any capital then your startup is useless

And if you can't inspire people and you don't have a team already working for you

Then your startup is he useless, but wait what if I can make a product that doesn't require much capital?

And I don't need a team I could do it by myself well

I mean if you can't convey your idea to customers then you're not gonna have any customers

And if you don't have any customers then your startup

Relating to your star you will somehow require to pitch it now that is why it is essential to perfect your pitch

Easier said than done. Here are the seven questions that you should answer as clearly as possible with these in mind

You'll be able to do ten-second pitches to a five-minute presentation with demo

No fluff no potion to test it the email tests write two sentences describing your startup in an email

Send it to a competent friend and ask him to re explain to you with his own words if they can do that then you

Investors care about ROI if there's no market for a product then their investment isn't worth it

Don't make your target market too wide or too narrow make it correct. You're only wasting people's time if you're making up numbers

Number three, what's your progress they want to make sure you guys are actually doing something? What is possible in a given time frame?

Number four what's your unique insight or in some sense? What's your competitive advantage?

How are you different than the start of next door? What makes you more likely to succeed in your market number five?

What's your business model? How are you gonna?

Make money or Yuda grow fast think about money later kind of company, or we'd be making money right away

It's always better to have a plan of attack when it comes to monetization

What are your credentials whose technical? Who's not who's doing? What is everyone useful? Are you as lean as possible?

Number seven what do you want this can be capital convincing someone to work for you?

Simply to tell your mom that you're actually doing something and that you're not wasting her life savings on your pet projects and that this

Once you have these answers now compress it into 30 seconds. Here's my

My startup is called not fine comm platform to create and share six point one second videos

200 million given the fact that a similar product has just left this market I made

No progress. I understand the market both consumer and producer have been working in the publishing industry for over five months

which makes me an expert in social media and media publishing you can monetize through advertisement branded content and recent posts I

Am currently the only one on my team, and I want you to join my starter

What's your background oh, I just worked on a couple of startups

Mostly just like fitness related startups, so how do you know Jamba? Uh he's my best friend's ex?

Mean I'm sure Joe must still cries over it we don't

Now you're all here because you're the best engineers ago

Now I need something from you yet and today. I'm gonna talk about my starter. Here's my presentation

Spirituality what do all these things have in common, I present to you not vine calm a

Platform to share 6.1 second long looping videos

Oh, you know I love him, man. You know vine was vine was awesome, but not like it's gonna be better

Dude, the start of I'd use it utterly ridiculous. I created for starters by the time

I was 18 I can build that back-end infrastructure during an episode of Battlestar, Galactica

Well, I'm just a public delivery guy, but you know when I saw those slides

I thought it was pretty cool, Jonah. Seems like a pretty cool CEO. How did dream it's gonna?

And then after that I had another dream about Taco Bell and Wendy's

Creating like a burrito burger so all in all I'm really excited about it

And what else it's also a mobile. Oh, I think it's great

I love vine and always been with checking those videos and being on it. Yeah, I think it's awesome then they're bringing it back

The opportunities research shows that door was a similar product that reached

200 million active users on December 2015 but

That product is no longer in the market and left a need unsatisfied that is where we come in

The thing is a complete and utter scam. It's not only Bitcoin which is legitimate

It's like dumbass like coin or etherium. I would never pay it

Launched roadmap so far. Oh yeah. He likes he's my my follower. He's followed me on Instagram Twitter

snapchat and then one day you just like messaged me and