Law4Startups ⚖️

Removing legal barriers for entrepreneurs by offering affordable contract templates and legal information. By @LawyerLiam

Law is about justice not profit!

[Law4Startups ⚖️ @Law_4Startups]

We at Law4Startups aim to lower entry to market barriers by providing free legal templates and information about the law to new and small businesses in Canada, the United States, and the United Kingdom.

[Liam Gill @realLiamGill]

Not all VCs are liars.

The fact that so many people push this idea is astonishing.

The harsh reality is that the top 0.05% of companies raise venture capital. So if you are significantly above average, in the 99th percentile, you still only have a 5% chance of raising.

[Liam Gill @realLiamGill]

Challenge time: Describe your business in just 3 words!

The best founders can always nail this...

[Liam Gill @realLiamGill]

A handshake isn't the deal-sealer it used to be.

I've seen numerous clients have VCs back out of deals or try to renegotiate terms after signing term sheets.

Here is how you can make sure that VCs keep their word and follow through on their investments...🧵

[Liam Gill @realLiamGill]

What's the biggest myth about being an entrepreneur that you've found to be completely untrue?

[Liam Gill @realLiamGill]

STOP USING AI PITCH DECK FEEDBACK.

I've tried a bunch of them. It teaches you to make your pitch generic because that is what AI does. It sucks the soul out of your pitch and makes it unbearably dull.

It's such a stupid mistake; you deserve not to be funded if you do it.

[Liam Gill @realLiamGill]

Founders raise billions using MEMOs.

Sending a memo within 24hrs of every VC meeting is an easy way to:

1. Differentiate yourself from other startups
2. Stay to of mind with the VC
3. Control the narrative around your company within the VC firm

Here is the format to follow:

[Liam Gill @realLiamGill]

The top 2 things that founders tell me they want are:

1. Recognition of the work (even when their company fails)
2. Honesty from VCs

What are the top things that you want as a founder?

[Liam Gill @realLiamGill]

VCs know 15-20 minutes into your first meeting if they want to:

1. Pass
2. Learn More
3. Move Forward

Never leave that meeting without knowing:

1. Where they stand
2. What the next step is
3. Timeline for next steps

If they reject you for asking, they were always gonna pass.

[Liam Gill @realLiamGill]

Investors don't reject startups.

They reject:
• Bad Founders
• Poor Storytelling
• Small Markets
• Non-Existent Problems
• Useless Solutions

If you are failing to raise it's a sign something needs fixing.

[Liam Gill @realLiamGill]

There were 334 new unicorns in the US in 2021

There were 5 new unicorns in the US in Q1 2023

Can't think of a better way to sum up the current battle startups are facing.

[Liam Gill @realLiamGill]

Peter Thiel is worth $4.8B.

He is the founder of PayPal and Palantir, an angel investor in Facebook and one of the most successful VCs.

Here are 7 things he believes every company MUST be able to answer:

[Liam Gill @realLiamGill]

Want to speak as well as Taylor Swift sings?

You can.

By applying the storytelling techniques she uses in her songs, you can leverage human psychology to connect with your audience the same way Taylor connects with her fans.

Here are three methods she uses that you can copy:

[Liam Gill @realLiamGill]

Metaphors are a super skill.

Learn them and your story will be 100x better overnight:

Here is the ultimate strategy for creating an incredible metaphor:

[Liam Gill @realLiamGill]

I have:

• Raised three rounds of capital for my startup
• Been a lawyer on VC transactions
• Consulted for Startups Raising VC
• Assisted top VCs/Angel Investors
• Been an Angel Investor

Here is THE ultimate neuroscience-backed guide on how to raise Venture Capital :

[Liam Gill @realLiamGill]

Want to pitch like Steve Jobs?

He had 1 rule for pitching that he NEVER deviated from.

Retweet and reply to this tweet saying, "I want to pitch like Jobs," and I'll DM you an easy-to-follow 10-step guide to his 1 rule for pitching using his iPhone reveal as an example!

[Law4Startups ⚖️ @Law_4Startups]

@LawyerLiam I want to pitch like Jobs

[Liam Gill @realLiamGill]

One Easy Tactic to Instantly Improve Your Pitches/Public Speaking

USE QUESTIONS!

These are powerful for "planting" ideas in the audience's mind.

Here is how to do it and with examples from great speakers like @BarackObama and Steve Jobs 👇

[Liam Gill @realLiamGill]

Are you struggling to get introductions to VCs?

Here is a strategy to get you meetings with 50+ top VCs who are the RIGHT fit for your company 👇

[Liam Gill @realLiamGill]

There are TRILLIONS of dollars in the world.

BUT...

There are only ~1200 unicorns.

I you are building a $1B+ business, your equity is 100x more valuable than a VCs cash.

ACT LIKE IT!

This mindset will make it 10x easier to raise money. You are the Prize!

[Liam Gill @realLiamGill]

Want to win Negotiations?

IT'S SO SIMPLE!!!!

Use the formula used by the world's top lawyers and prosecutors.

Retweet + Reply "WIN" and I'll DM you this formula.

Don't miss your chance to become an expert negotiator NOW!