presales

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 5, 2018 by Michael Seibel · across every show →

Everything said about presales, oldest first

Sep 5, 2018 negative
Insight
Seibel: The top presale mistake is discounting below breakeven
“The number one mistake I see with presales is discounting. The number one mistake is that basically, especially hardware founders will misunderstand how much they need to charge so they don't lose money, and so their pre-sale becomes their death.”
Michael Seibel Sep 5, 2018 ▶ 54:01 Michael Seibel - Building Product · Y Combinator
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