SlideShare a Scribd company logo
*
How to tell stories about your
startup post-Series A, beyond,
and during Covid-19
mike@techcrunch.com
(This will be the
only graphic in
this presentation.
Enjoy).
*
The good news:
You raised a Series A (or more)
The bad news:
What stories can you tell now?
mike@techcrunch.com
*
Simple answers:
Stay relevant to the news
Maintain your ‘newsworthiness’:
- Be relevant
- Be timely
- Be novel
mike@techcrunch.com
*
What makes a news story?
@mikebutcher
*
• Typical startup stories:
Worthy but easy / a bit dull:
- Client wins
- C-suite new hires
- Product milestones
- Funding events
• More interesting & requires creativity:
Growth stories!
@mikebutcher
*
First, you need to think about the
long-term cadence of your
company’s ‘story’:
- The founding
- First big customers / Big hires
- Evidence of growth
- Its relevance to wider issues
@mikebutcher
*
After funding it’s now about
growth & momentum stories
- This boosts your recruiting
efforts
- Gives ‘social’ validation to your
company
- Keeps investors interested
@mikebutcher
*
Job one:
Create working (and mutually
useful) relationships with media
@mikebutcher
*
To do this you’ve got to keep
your media contacts ‘warm’
You want to build helpful
relationships which are
non-transactional — give and
help, don't just take or expect.
@mikebutcher
*
Journalists ultimately want to
build a relationship with CEOs /
co/founders
So what are some of the best
approaches?
@mikebutcher
*
One way: stay close to the
SUBJECTS that interest the
journalists & news outlets you
want to stay close to.
@mikebutcher
*
Ways to do that:
Follow them on Twitter!
Techmeme
Read the damn news!
RSS! (e.g. Feedly)
Journorequests.com
Helpareporter.com
Muckrack.com
@mikebutcher
*
A note on Twitter:
- It rarely hurts to Retweet or
Comment on a journo’s tweets
- It’s a real-time feed into a
reporter’s brain
@mikebutcher
*
Keeping ‘warm’:
- You do not need to always
send press releases!
- A SHORT, semi-regular note on
activity (BUT, don’t over-do it)
- And don’t expect a reply
@mikebutcher
*
E.g. Here’s a what a startup once regularly sent me:
Hi folks,
Here's the latest snippets of what's happening at XXXXXX. Oh, and join us for a beer!
If anything looks interesting and you'd like to find out more, I'm always available on the
phone - 075XXXXX - and we like sharing both beer and coffee!
This email is going out to a select group of people who've written about us before (there are
about 30 on here) - it isn't intended to be spam. If you want to be taken off the list, just say.
Happened recently:
- <Two sentences>
- <Three sentences>
Coming up soon:
- Fun event to see London's Christmas lights! Next Thursday evening we're etc
Thanks!
<CEO name>
@mikebutcher
*
Know your journo:
- Be aware: Journos are
swamped by incoming
- Typical day starts on messages
- *Email is read by subject line*
- There are 6+ PRs to every journo
- COVID = the average day x10
@mikebutcher
*
Get your CEO & execs ‘match fit’
for the media
@mikebutcher
*
Staying ‘warm’:
- Keep tabs on the news cycle!
- Ensure the CEO is never too
busy to comment on stories
- Don’t be a bottleneck!
- Offer quick email comment on
major events *if substantive*
@mikebutcher
*
- Display your expertise
- Back this up with FACTS
- Make use of CEO’s personality
- CEO personal stories can be
compelling e.g. World Remit
@mikebutcher
*
Other tactics and ideas to use
@mikebutcher
*
- Be associated with a hot story
- If possible, it doesn’t (usually)
hurt to be associated with a
celebrity
@mikebutcher
*
- Be creative. Brainstorm ideas
for stories in meetings
- Anticipate upcoming news
- Get AHEAD of events
@mikebutcher
*
- Be surprising: Attack your
competition e.g.
Uber/Postmates
- Be UNUSUAL: “This startup
uproots its entire team and
operation for one month, and
relocates to a new city.”
@mikebutcher
*
Get broader with coverage:
- Campaigns current in the news
e.g. Accessibility / Disability
- Politics / Brexit /
disinformation
- Immigration and talent
@mikebutcher
*
- Environment / Climate change
- WorkFH / Remote office
- Education / Skills
- Huawei / Move to 5G
- EC regulation / GDPR
- e-Bikes / city mobility
@mikebutcher
*
But, caution: If your stance on a
controversial issue comes
across as inauthentic, it can
come off very poorly. E.g.
BLM / MeToo / LGBTQ Rights
*You MUST offer real substance*
@mikebutcher
*
Become known for being a key
commentator on a key issue or
megatrend. e.g.
- GreenTech founders should be
experts on the environment
- Fintech founders expert on the
economy
@mikebutcher
*
‘Giving back’ stories:
- What are YOU doing for your
industry that isn’t about you?
- What are YOU doing that isn’t
just about your own
self-interest?
@mikebutcher
*
CURATE your own stories:
E.g. Run an event to discuss a
major topic and invite
journalists. It might well
generate a story?!
@mikebutcher
*
Stick your neck out:
E.g. “Fintech founder says better
rules around e-money
institutions may have prevented
today’s financial crisis”
@mikebutcher
*
A short note about exclusives /
embargoes:
- All journos want exclusives!
- Your ‘exclusive’ about
something minor is dumb
- Embargoes are best for major
events not tiny ones
@mikebutcher
*
What media won’t respond to:
● Branch office openings
● So-so appointments
● Minor customer wins
● Overly frequent pitches
● Generic pitches
@mikebutcher
*
Media will take in interest if:
- You have weird, over-the-top
spending post-Series A...
- You company has a scandal
- Executives behave badly
- Many other obvious reasons!
@mikebutcher
*
News in the age of the pandemic
@mikebutcher
*
COVID-19, the biggest story in
100 years, has almost taken over
the media.
@mikebutcher
*
And there are ALWAYS new
angles:
Wired: Tech to open theatres
BBC: Future of virtual meetings
FT: E-scooters are booming
TC: VC/Tech hubs post-Covid
@mikebutcher
*
New outlets have majored on
COVID-19 because it’s big, but
its also an endless source of
news
@mikebutcher
*
And finally...
mike@techcrunch.com
*
Dealing with rejection:
- Ask why the story didn’t work
- Don’t burn bridges / be polite
- LISTEN to the feedback you
get from journalists
- Avoid mixing ‘average’ stories
with major ones
mike@techcrunch.com
*
The End.
Questions?
mike@techcrunch.com

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How to tell stories about your startup beyond funding

  • 1. * How to tell stories about your startup post-Series A, beyond, and during Covid-19 mike@techcrunch.com (This will be the only graphic in this presentation. Enjoy).
  • 2. * The good news: You raised a Series A (or more) The bad news: What stories can you tell now? mike@techcrunch.com
  • 3. * Simple answers: Stay relevant to the news Maintain your ‘newsworthiness’: - Be relevant - Be timely - Be novel mike@techcrunch.com
  • 4. * What makes a news story? @mikebutcher
  • 5. * • Typical startup stories: Worthy but easy / a bit dull: - Client wins - C-suite new hires - Product milestones - Funding events • More interesting & requires creativity: Growth stories! @mikebutcher
  • 6. * First, you need to think about the long-term cadence of your company’s ‘story’: - The founding - First big customers / Big hires - Evidence of growth - Its relevance to wider issues @mikebutcher
  • 7. * After funding it’s now about growth & momentum stories - This boosts your recruiting efforts - Gives ‘social’ validation to your company - Keeps investors interested @mikebutcher
  • 8. * Job one: Create working (and mutually useful) relationships with media @mikebutcher
  • 9. * To do this you’ve got to keep your media contacts ‘warm’ You want to build helpful relationships which are non-transactional — give and help, don't just take or expect. @mikebutcher
  • 10. * Journalists ultimately want to build a relationship with CEOs / co/founders So what are some of the best approaches? @mikebutcher
  • 11. * One way: stay close to the SUBJECTS that interest the journalists & news outlets you want to stay close to. @mikebutcher
  • 12. * Ways to do that: Follow them on Twitter! Techmeme Read the damn news! RSS! (e.g. Feedly) Journorequests.com Helpareporter.com Muckrack.com @mikebutcher
  • 13. * A note on Twitter: - It rarely hurts to Retweet or Comment on a journo’s tweets - It’s a real-time feed into a reporter’s brain @mikebutcher
  • 14. * Keeping ‘warm’: - You do not need to always send press releases! - A SHORT, semi-regular note on activity (BUT, don’t over-do it) - And don’t expect a reply @mikebutcher
  • 15. * E.g. Here’s a what a startup once regularly sent me: Hi folks, Here's the latest snippets of what's happening at XXXXXX. Oh, and join us for a beer! If anything looks interesting and you'd like to find out more, I'm always available on the phone - 075XXXXX - and we like sharing both beer and coffee! This email is going out to a select group of people who've written about us before (there are about 30 on here) - it isn't intended to be spam. If you want to be taken off the list, just say. Happened recently: - <Two sentences> - <Three sentences> Coming up soon: - Fun event to see London's Christmas lights! Next Thursday evening we're etc Thanks! <CEO name> @mikebutcher
  • 16. * Know your journo: - Be aware: Journos are swamped by incoming - Typical day starts on messages - *Email is read by subject line* - There are 6+ PRs to every journo - COVID = the average day x10 @mikebutcher
  • 17. * Get your CEO & execs ‘match fit’ for the media @mikebutcher
  • 18. * Staying ‘warm’: - Keep tabs on the news cycle! - Ensure the CEO is never too busy to comment on stories - Don’t be a bottleneck! - Offer quick email comment on major events *if substantive* @mikebutcher
  • 19. * - Display your expertise - Back this up with FACTS - Make use of CEO’s personality - CEO personal stories can be compelling e.g. World Remit @mikebutcher
  • 20. * Other tactics and ideas to use @mikebutcher
  • 21. * - Be associated with a hot story - If possible, it doesn’t (usually) hurt to be associated with a celebrity @mikebutcher
  • 22. * - Be creative. Brainstorm ideas for stories in meetings - Anticipate upcoming news - Get AHEAD of events @mikebutcher
  • 23. * - Be surprising: Attack your competition e.g. Uber/Postmates - Be UNUSUAL: “This startup uproots its entire team and operation for one month, and relocates to a new city.” @mikebutcher
  • 24. * Get broader with coverage: - Campaigns current in the news e.g. Accessibility / Disability - Politics / Brexit / disinformation - Immigration and talent @mikebutcher
  • 25. * - Environment / Climate change - WorkFH / Remote office - Education / Skills - Huawei / Move to 5G - EC regulation / GDPR - e-Bikes / city mobility @mikebutcher
  • 26. * But, caution: If your stance on a controversial issue comes across as inauthentic, it can come off very poorly. E.g. BLM / MeToo / LGBTQ Rights *You MUST offer real substance* @mikebutcher
  • 27. * Become known for being a key commentator on a key issue or megatrend. e.g. - GreenTech founders should be experts on the environment - Fintech founders expert on the economy @mikebutcher
  • 28. * ‘Giving back’ stories: - What are YOU doing for your industry that isn’t about you? - What are YOU doing that isn’t just about your own self-interest? @mikebutcher
  • 29. * CURATE your own stories: E.g. Run an event to discuss a major topic and invite journalists. It might well generate a story?! @mikebutcher
  • 30. * Stick your neck out: E.g. “Fintech founder says better rules around e-money institutions may have prevented today’s financial crisis” @mikebutcher
  • 31. * A short note about exclusives / embargoes: - All journos want exclusives! - Your ‘exclusive’ about something minor is dumb - Embargoes are best for major events not tiny ones @mikebutcher
  • 32. * What media won’t respond to: ● Branch office openings ● So-so appointments ● Minor customer wins ● Overly frequent pitches ● Generic pitches @mikebutcher
  • 33. * Media will take in interest if: - You have weird, over-the-top spending post-Series A... - You company has a scandal - Executives behave badly - Many other obvious reasons! @mikebutcher
  • 34. * News in the age of the pandemic @mikebutcher
  • 35. * COVID-19, the biggest story in 100 years, has almost taken over the media. @mikebutcher
  • 36. * And there are ALWAYS new angles: Wired: Tech to open theatres BBC: Future of virtual meetings FT: E-scooters are booming TC: VC/Tech hubs post-Covid @mikebutcher
  • 37. * New outlets have majored on COVID-19 because it’s big, but its also an endless source of news @mikebutcher
  • 39. * Dealing with rejection: - Ask why the story didn’t work - Don’t burn bridges / be polite - LISTEN to the feedback you get from journalists - Avoid mixing ‘average’ stories with major ones mike@techcrunch.com