Roasting Startup Pitch Decks with Garry Tan (Billion Dollar VC) - Part 1

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Go to Garry's channel for Part 2 and SUBSCRIBE to him: • Garry Tan and Justin K...
You all wanted to see another roast where I give feedback on some startup pitch decks, so we're back and this time, I brought ‪@GarryTan‬ with me. Garry founded Initialized Capital is investing over $1B into amazing startups and made $$$ for the firm with his investment in Coinbase.
Also, if you want to see this live and get live time with me and Jason Tan (co-founder of Sift), sign up for my Startup Office Hours Livespot class here: livespot.co/justinkan
Thank you to all the startups who were such good sports and letting Garry and I give feedback! All of them were cool, so it was a pleasure to do this :)
Also, if you are Akbar, claim your Dead Startup Toys by emailing jen@justinkan.com.
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I'm Justin Kan and I've been through the ups and downs in the startup world. I started Justin.tv, which morphed into Twitch and sold it to Amazon for almost $1 billion, became a partner at Y Combinator, and now I'm investing at my venture capital firm, Goat Capital, and working on my podcast, The Quest. Now, I want to share my stories, startup advice, throwback stories, life advice, behind-the-scenes content and what helped me achieve happiness here on RU-vid.
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Edited by ‪@Weensy‬ and Jen Lee ( / backseatvc )
#JustinKan #GarryTan #PitchDecks
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Опубликовано:

28 июл 2021

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Комментарии : 169

@GarryTan 2 года назад

LFG 🙌🙌🙌

@JustinKanTV 2 года назад

Thanks for doing this, Garry! You're the best!

@bozo89CRO 2 года назад

This is 🔥 Love the collab!

@willr82 2 года назад

Look at the difference between the thumbnails of their videos… ;)

@adebelov 2 года назад

This was an awesome collab and great video! Miss both of you guys, and incredible to see you roast some decks...

@bohdanbasov 2 года назад

@@JustinKanTV Thanks for great insights for founders

@ZainMerchant 2 года назад

Glad to see this is become a recurring segment on the channel. This is super helpful to new founders!

@jadelahmad 2 года назад

This series is both hilarious and truly instructive. It's a relatable version of Shark Tank.

@sunbash 2 года назад

Perfectly said. Whale Tank, get it? Cos whales are super smart 😂

@FellexandroRuby 2 года назад

A refreshing take on reviewing pitch deck. Much more helpful than joining how to webinars, esp. if you’ve done a few pitches before

@Naysy 2 года назад

Was not expecting to see myself in this video 😂

@josiahamaze 2 года назад

how was your experience with liv? lol

@hilelpaley900 2 года назад

Garry on every team: "Sounds like a great team"

@Harpreet06 2 года назад

Yeah I didn't get that either. Especially on the Joyn one, at that point its just 2 people we know nothing about, why are they a great team? Then after he mentions it would be an insta fund if the cofounder was an engineer.

@GarryTan 2 года назад

That's how I do my work - early stage is all about team. "Sounds like" is uncertain, but optimistic.

@diggleboy 2 месяца назад

Very valuable pitch deck roast, especially now that I'm working on mine. Thank you for making the time to do this, Justin and Garry!

@RodolfoAPozo 2 года назад

Thanks Garry and Justin! I really appreciate that you are taking the time to create this kind of content!

@KarenHo12 2 года назад

This was awesome! I really appreciated that Justin reached out to the actual founders of the team and let them have a chance to react. It's a great way to show support!

@LeePenkman Год назад

Yea as an engineer I joined my founder on his journey and while he is doing non technical stuff he built a website and got a waitlist so was very happy to join him. You have to have the initiative and resourcefulness to be able to go into the unknowns and it's great that I could easily validate his comfort there before joining him.

@bmejia220 5 месяцев назад

Justin this content is super insightful. From a fundraiser perspective, it’s great to see diverse and well done pitch decks. Your business analysis with Garry is doubly insightful. Great to see what works and what doesn’t in a pitch. Cheers Justin!

@rawscientistofficial 2 года назад

So useful! Also so happy to see you two together! You bring so much value

@loveBROGaming 2 года назад

2 of my fav RU-vidrs! Let’s goooo

@imVIDOL 2 года назад

Game time, ty Justin, Gary and the production team!

@radical187 5 месяцев назад

What a great video! Thank you! It's awesome to hear how investors think and what they really pay attention to. I started laughing when Garry talked about those "giant dead bodies".

@raghvendra87 2 года назад

Thank you very much Justin. I have been watching your videos since long but its my first time to comment. I am doing a startup in Tokyo and your journey has been inspirational.

@vsowill 11 месяцев назад

This isn’t roasting, this is constructive criticism at its finest 😅👌

@successfularabsl6225 2 года назад

That's awesome 👏 👏 👏 👏 thank you for filming it, I've been waiting for it

@heanokim 2 года назад

Love hearing both of your thoughts on these videos! I always watch these videos to see how I can improve my own deck!

@ratneshpandey4519 2 года назад

Thanks Garry and Justin!! This is some kind of an eye opener for all the startups who are still figuring how to present pitch decks.. Amazing stuff to watch and learn!

@JustinKanTV 2 года назад

Glad to hear that!

@user-ep1hk7ji5i 2 года назад

@arnavbathla145 2 года назад

This is the best collab ever! Love the video haha

@JTProductions3 2 года назад

Great stuff. I actually need to do a PPT today to pitch our idea for a university subject and this is getting me in the mode

@Rizhiy13 2 года назад

5:18 while the presentation might be better, to anyone who used VR this is quite clear: it's for streamers to integrate themselves into VR games they play.

@GarryTan 2 года назад

Oh yes, makes sense. I think it underscores how hard it is for someone without context to understand something from just a deck. But you have to make the deck work that way.

@evancurry1279 2 года назад

Seems like the liv pitch deck skips over the context of the problem. Ex. Allows Creators to put themselves into the game giving viewers a whole new perspective to watch. This pitch deck would work better in a room full of VR investors or VR creators

@Rizhiy13 2 года назад

The question is: how much do you want to explain your idea to potential investors if they are not knowledgeable in the area. * Would people invest in something they are not interested/knowledgeable in? * Would a company even want such investors ?

@zackpi7874 2 года назад

@@Rizhiy13 To be fair, a single slide could have cleared up this confusion, and without sounding 'preachy' to knowledgeable people. I've even seen several livestreams by people using LIV's technology, and I still didn't realize what they were until a few slides in.

@parker5548 2 года назад

@@Rizhiy13 yes, often times part of your job is to explain your market/company to investors who aren't complete insiders. After all, there are only so many industry-specific investors (unless you're in fintech lol), so especially startups like theirs that are raising presumably larger amounts of money, a lot of that is going to come from industry agnostic investors

@remiblaise 2 года назад

You know, it's just entertaining watching you roast startups haha

@ZackScriven 2 года назад

Fun stuff!!! Love it!!! Great feedback!

@MarketingHarry 2 года назад

That was entertaining, glad you shared a second part! 😉👍

@ankitkukadia1703 2 года назад

I literally clicked on the cross in the RU-vid Ad inside your video (at 3:11), the same time as u did and didn't realise the Ad was inside your video and not mine xD!

@llvzz5240 2 года назад

You and Garry are my fav founders/investors. I almost want to send my pitch to you guys to roast it 😂

@panire3 4 месяца назад

amazing how fast this channel grows, i started watching somewhere at 1k subs

@flamingjob2 2 года назад

best content on youtube right now. you and garry!

@HarrisonHuber 2 года назад

Enjoyed the video, very insightful and cool to watch. Thank you!

@jayrollo1352 2 года назад

Roasted. I love this. It helps us fix our pitches.

@asmogaming6309 2 года назад

I just love Gary joke string in along the way He is such a witty person

@Michael-ok6pe 2 года назад

By far my favorite videos from you justin

@KerimWillem 2 года назад

More of this please!

@ramymans5256 2 года назад

Great content for new founders! thank you

@emmanuelm361 2 года назад

You are igniting a spark Justin, keep it going ✌️

@ganeshadhikari946 2 года назад

Love love love this kind of videos.

@cvalencia31 2 года назад

Love these pitch deck videos

@jadenhou4079 2 года назад

Looking toward more of these!

@SteveKalinda 2 года назад

"i dont think so" i'm snapping that video reaction !! DOPE PITCH DECK!! #yolocapital

@nikitagoncars462 2 года назад

Thank you for hearing our feedback! This shit will get big in no time!!! The idea to give a second chance is also great.

@fallboot7992 2 года назад

Even though some will say design is not the most important for an MVP, Garry’s rant @20:25 is pretty valid in the sense that you should at least TRY to follow design standards/guidelines for the device your application will run on. Reading design standards/guidelines barely take up anytime and if you’re fairly good at styling it won’t take that long to implement as well. If you still have some trouble, I would pile up the cash to get a professional freelancer to create the wireframes for you (definitely worth it) for you to implement. Curious to know if people agree or disagree :)

@mathildas757 2 года назад

hi, my BEST friend forever. can you and Garry do pitch roasting more often. this is the BEST BEST BEST in the channel. lol

@LeTomato 2 года назад

Doesn't matter what you think, you're a man of the people now.

@nickrose1263 Год назад

Justin, love these reviews. They are really useful and done really constructively as well. I am currently working on a pitch but its for a holding company with multiple business divisions, which will be launched on a staged process based on revenue. Our primary audiences are sport, property and on-line gaming so its focusing on very well established, highly profitable sectors. But with a lot to explain, especially around revenue generation as there are multiple points and global audiences, it is proving tricky to get the pitch deck down to less than 20 slides. Any advice would be much appreciated. Thanks. Nick

@superheaton 2 года назад

33:30 LOL!!! awesome

@austinfinance3447 2 года назад

Love this content!

@JoeJoe-cq1oo 2 года назад

Not sure if you guys are still answering questions on this... but one question on the DAU. You mentioned is not growing fast enough in one of the deck. There are multiple reasons for that... should they call it if a company is not growing fast enough organically, or should they put more effort into a growth strategy?

@liv 2 года назад

Justin+Garry - we appreciate the feedback&roast :-) redemption arc when?

@JustinKanTV 2 года назад

Haha success is the best redemption arc :)

@amoltakkalki 2 года назад

@justin you can add adblocker. Works just fine for all ads.

@TheGrinningSkull 2 года назад

3:06 I pressed X on what I thought was a RU-vid ad, only to be perplexed as to why it paused the video XD

@ShawnCheah 2 года назад

love these videos

@MissSaiko 2 года назад

where do we send out decks to though? I don't see an email in the descriptio accepting it :-/

@peteypete9357 2 года назад

33:29 am I the only one who actually would've appreciated a troll f--- you message at the end?

@adnantamimi7026 2 года назад

Justin's voice is therapeutic.

@michael.acosta 2 года назад

RU-vid missed a good opportunity to stick an ad at the 2:50 mark.

@piercemooney8978 2 года назад

27:25 I need to use that tidbit

@ashishmehta73 2 года назад

How can I get my startup pitch deck roasted by you guys? Would love to hear from experts.

@sansdals7878 2 года назад

FAVORITE SERIES

@mexicanmax227 2 года назад

Omg perfection in all areas! 😍😍😍

@filcap 2 года назад

Very helpful! I hope one time you will review mine

@meterfeeder Год назад

Fun fact: Brave blocks the RU-vid ads.

@kidartist99 2 года назад

How does one get onto this segment? I don't see where to apply?

@Harpreet06 2 года назад

Where did you get these pitch decks?

@swartz4049 2 года назад

these reviews are great

@MattGarcyaDC 2 года назад

this is like the laidback version of Shark Tank

@dancdruff 2 года назад

There's definitely a paradox of the hockey stick projections for investors; they want to hear/believe it, but if you show them a graph they'll say it's ridiculous

@tobiasle2230 2 года назад

Exponential growth graphs? You high?

@hypeeo8196 2 года назад

We appreciate you too 🙏

@TickyTack23 Год назад

LIV pitch deck gives me anxiety, and is overwhelming with information. Which constantly has me guessing as to what am I supposed to be looking at, or what connections I should be making between all the numbers being thrown at me.

@mirjanabosnjak8064 2 года назад

We want more pitch deck reviews🖐

@nat5112 Год назад

Those two VTech guys 👌

@poulticegeist 2 года назад

Seeing Garry go critical on the UI for Hitchhiqe for not following iOS's design system made me wonder if he's partial to making an app iOS-first despite Android having most of the market share of the world. We saw how unsustainable going iOS-first was with Clubhouse. I'd like to know since I thought market share matters more so I picked up Android, but I do know how to code a bit for iOS in Swift. I'd also like to stay native instead of using Flutter or React Native

@rnurmin4967 2 года назад

Great video, Justin. @Garry Tan can pay for your RU-vid premium 😉😆 I think it's your frugal mentality from JustinTV days

@ivammagalhaes7155 4 месяца назад

Thans for sharing!!

@kcqn 2 года назад

that was a great video, bestie

@jalilsharafi 2 года назад

I know it's tricky, but maybe can you create a video where you take a terrible pitch deck and work on it and turn it to a good pitch deck, while explaining why you make the changes?!

@loflybirdie 2 года назад

best content on the channel

@migueldickenson7158 2 года назад

this is so fkng valuable

@mrmacman04 2 года назад

The fact that Garry doesn't know what an ERG is made me LOL

@MASTERPPA Год назад

How would I go about getting my pitch roasted?

@alexli5279 2 года назад

Amazing video

@BlackFlashDrive Год назад

Smart Can build stuff Intuition with two sided market places

@beachchickensmedia 2 года назад

Justin looks like a dude who would be on Ancient Aliens

@bitbotnet 2 года назад

give me PDF link on this video, please

@myronshneider 2 года назад

This was great

@nocodestan6472 2 года назад

Again, great video! Thanks, Garry, Justin. Just putting it out there - if you are in the same boat as "Joyn" (You don't have a working prototype), comment below. I can help you build your MVP without code.

@aiiirlife9273 2 года назад

Helpful reviews. Why not discuss both your 1st deck as presented to investors and show how you have learned from feedback?!

@Texas199 2 года назад

How to apply to be roasted?? 🤙🏾

@AxelRios 2 года назад

👍

@noahfarrell7082 2 года назад

Hey Justin!

@youeverpickyourfeetinpough3822 2 года назад

Plot twist: this deck gave Zuck the idea for Meta

@shreevari 2 года назад

First product was quite easy to understand what it was. It helps you share VR gameplay where you're in the gameplay video without doing post production