PR Agencies
topic on 4 shows · 9 statements across 6 episodes
We Live to Build
A Product Market Fit Show
the a16z Podcast
20VC
9 statements about PR Agencies, every show
Wightman: Pre-Series A startups should wait until Series A for PR
“I am usually of the mind that a pre-A round startup should not hire a PR agent or agency. Maybe after you get past that A round, it's time to kind of think about it, particularly if you're in specific industries, consumer facing industries, but B to B as well …”
Short-term PR agency contracts are valuable for major product launches
“We don't use
agencies all that often when it comes to PR agencies, but for a launch like this, it can be super valuable to use a PR agency sort of on contract for a short period, because they often have a lot of those relationships and they'll know who's look…”
Early-stage startups should keep PR in-house rather than hiring external agencies
“Even if it doesn't work, you're much better in-housing it than throwing it over to someone else and having them give a, you know, probably not their best performance and trying to get you placement.”
Markovics: Hiring an in-house PR team offers no clear operational advantage
“I don't know that there is an advantage to having in-house versus versus an agency.”
Wenmachers: Apple has historically operated without hiring external PR agencies
“I mean, like, yeah, I don't think Apple has really used PR agencies. There are models where you don't have an agency at all.”
Brayton: PR agencies must pitch with their actual account team
“Do not bring in the shiny object from DC or the shiny object from New York if that is not your account team. Bring the people who are going to work on the account.”
Wenmachers: PR agencies should never re-pitch for lost client business
“If the agency actually wants to repitch the business, you should fire them again. Because it's just a stupid ass decision. Replace the revenue, learn from why is the account gone, and then move the hell on.”
Milosevic: $10,000 PR Retainers Do Not Make Sense for Seed Startups
“They want, you know, a minimum budget of, let's say, 10,000 dollars a month, which is tough for a very early stage company. And for a seed stage company, that probably doesn't make sense.”
Wennmachers: PR agencies should be benchmarked on network, not domain knowledge
“Well, the whole fricking point is that they can help translate this very wonky thing that you do to an audience that will then write it down, have to write it down in plain English to an even broader audience, right? So you don't want to benchmark them on how …”