
🇿🇦 Pre-Seed, Seed startups |Former founder |@Oneyoungworld & @Aueuyouthhub | #LFC
London, England
Joined January 2011
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I've looked back on the 500+ startup chats I've had this year, and reflected on trends I've seen - these are my predictions for the 365 days ahead known only as "2022": pineapplesareinmyhead.blogsp…
India expanded the list of essential anti-cancer drugs that will be subject to price controls, as it seeks to make treatments in the $2.6 billion oncology market more affordable. bloomberg.com/news/articles/…
Great read on what Barcola can bring to #LFC
Liverpool are reportedly closing in on a move to sign PSG winger Bradley Barcola.
What could he bring to Anfield? @DavidSegar_ goes over the data:
#LFC
theanalyst.com/articles/brad…
Jordan Stephanou retweeted
My biggest takeaways from @jjen_abel on the enterprise sales process:
1. Most people think enterprise sales is a five-step process. It’s actually around 15 steps. The classic CRM stages of a sales process (intro, demo, proposal, contracting, close) are a revenue forecasting tool, not how you successfully move a buyer through a decision and close a deal.
2. The “pincer” move for landing the first meeting: Target the executive or the n-1, and no one else. When prospecting into an enterprise account, there are only two valid entry points: the ultimate decision-maker (often the exec in charge of a department or business unit) and the person one step below. The pincer move runs both tracks at once: your company’s founder reaches out to the top, the AE targets the N-minus-one, and you work toward them from both ends.
3. Pitch the alpha, not the problem. Executives receive hundreds of cold messages; the oes that cuts through speaks directly to an unfair advantage they can get access to through your product. “We can save time on document review” won’t get execs very excited. “I can guarantee you a three-day timing edge on regulatory information your competitors will get later” does.
4. A healthy enterprise win rate is 25% to 35% of qualified opportunities, and higher means your price is too low. This number surprises founders who expect to close half of what they qualify. But enterprise buyers need time, organizational maturity, and internal alignment that sellers can’t always control. A significant portion of the market simply isn’t ready yet. Jen notes that roughly 25% of “lost” deals boomerang back within a year, so a no today is rarely a permanent no. Pushing price down to win more deals undermines the market: executives talk, and inconsistent pricing across logos destroys credibility faster than losing a deal does.
5. The intro call is the most valuable intelligence-gathering session in the entire sales cycle. Prospects open up on call one in ways they never will again, because it doesn’t yet feel like a sales process. Jen keeps it explicitly informal (“I don’t even know if we need a full 30 minutes”), lets the prospect go first, and uses open questions about organizational change (“What needs to be different in 2027?”) to surface priorities before ever mentioning her product. Do not record the call, do not show slides, do not demo anything. The more they talk, the more you can frame your eventual pitch around exactly what they told you they need.
6. Treat the demo as a carrot you withhold until you have co-authored it with your internal champion. Most sellers race from intro to demo in one jump. Jen always does a 15-minute “pre-demo prep” call with the champion to co-build the agenda: which features to show, which questions people will ask, and which attendees to include. By the time the group demo runs, the people in the room feel like the product was built specifically for them.
7. Demo 20% of the product—the 20% you know they care about. Showing the full product in a demo is one of the most common ways deals unravel. The moment stakeholders see features irrelevant to their team, they start calculating what they’re paying for that they won’t use, and the tight narrative you’ve spent weeks building collapses. Let the champion guide what to show beforehand, let curious prospects in the room pull you into additional features themselves (“Can it also do this?”), and keep the frame tight.
8. Text your champion for a raw debrief within five minutes of the demo ending. Before the room solidifies a polite consensus, get the unfiltered read: where you lost someone, where you landed, who needs another 15 or 20 minutes. There is always someone in the org who can kill the deal; your job is to find them early and protect alignment.
9. Time-box pilots to two or three days with three or four hand-picked users. Give a small group of power users (not the C-suite executive, who won’t be the daily user anyway) a specific set of tasks, a shared definition of what success looks like, and a 48-to-72-hour window to use your product. Any longer and you’ve added two weeks to your sales cycle with little additional signal. If the product requires deep integration before it can show value, charge for the longer pilot (typically one to two months) and credit the fee back against the contract if they proceed.
10. Your champion going quiet is a signal your deal is falling apart. The champion’s job is to help you navigate the people who might kill the deal, alert you to internal dynamics you can’t see, and keep the process moving when it stalls. If the champion goes quiet, something has shifted inside the organization. An enterprise deal is set up for maximum friction (deal-killers, procurement, legal, sponsor); the person on the inside is the key.
11. Sales is project management. After a strong pilot, email your champion a forwardable package—agreed timeline, price predicated on a signature date, and a kicker if they hit it—so they can loop procurement.
12. The expansion conversation starts the moment you sign. The close is five minutes of celebration and then back to pipeline. The real prize in enterprise is year-two expansion: moving from $100K to $350K, from a single team to multiple business units.
The full enterprise sales cycle, step by step with @jjen_abel
Most people think there are 5 sales stages. There are actually 15.
Skip a step and đź’€
We discuss:
🔸 The “pincer model” for landing the first meeting
🔸 How to craft a winning 2-3 sentence cold outreach pitch
🔸 How to run an intro call that extracts maximum intelligence
🔸 The correct 2-3 day pilot structure
🔸 Pro tips for navigating pricing and procurement
🔸 So much more
84 minutes of enterprise sales alpha. Listen now 👇
youtube.com/watch?v=YS9In813…
There are two GTM playbooks for AI companies selling into the enterprise: the Lighthouse and the Landgrab.
Lighthouse: win a few marquee customers, build social proof, and reassure the buyer who’s afraid of making the wrong call.
Landgrab: win on math, move fast, and sign the largest number of customers possible, logo be damned.
Most assume they have to educate the market, and they default to the Lighthouse. But in markets where the buyer already knows the problem and a mistake won’t cost them their job, chasing logos is a distraction.
Full piece from a16z's Joe Schmidt and Julian Marx: a16z.news/p/lighthouse-or-la…
Here’s what you need to know to start your day bloomberg.com/news/newslette…
Jordan Stephanou retweeted
I'm a YC F25 founder and last year I got rejected from YC startup school
I honestly felt a little spiteful seeing every single one of my friends get in, and I asked myself: what was wrong with my application, what was wrong with me
Fast forward to today I spoke at the Chase Center on the future of agentic payments
I think getting rejected gave me the kick in the ass and the courage to finally apply to YC, maybe not the best source of motivation but a source regardless
So much has changed in just 1 year and would not change a single thing if I were to go back
My point: what stings the most can also be the thing that moves you
Jordan Stephanou retweeted
Undoubtedly the right decision moving forwards but what he brought us with number 20 shouldn’t be forgotten and how he handled the almost impossibly difficult tragedy last summer shouldn’t also.
Thanks for everything, Arne 👏
Jordan Stephanou retweeted
I think/hope history will remember Arne Slot kindly. Ultimately think a clean slate this summer is the right call for both parties but the scale of his achievement last season - and of the dignified manner in which he led the club last summer - should never be understated.
100% agree - now that we can zoom out, Arne Slot did an incredible job as Liverpool manager in extremely difficult circumstances. He will forever be a Liverpool Football Club legend.
Btw now that it seems like he won't be #LFC manager anymore, lets put some respect to his name. Brought us number 20 & managed the team after the most difficult of summers last time around, & managed to clinch UCL spot for next season (with luck). Title-winning managers are rare.
Jordan Stephanou retweeted
Everyone is talking about the impact of closing the Strait of Hormuz on oil and gas. I haven't seen much discussion of the war's impact on helium.
Most people think of helium as being a fun gas you use for children's balloons. But helium is actually one of the most important industrial gases, used in rockets, MRIs, quantum computers, and most importantly, in the production of semiconductors.
Qatar produces ~30% of the world's helium as a byproduct of its natural gas wells, and that supply is now cut off from the global market. đź§µ
Jordan Stephanou retweeted
As AI makes it trivial to build and launch products, the biggest challenge for product teams is quickly becoming distribution: getting people to pay attention to your product in the increasing cacophony of launches.
One of the most powerful tools to cut through that noise is positioning. Strong, specific positioning grabs people’s attention and helps them instantly understand why your product is for them.
April Dunford (@aprildunford) is the world’s leading expert on positioning, and today's in-depth guest post, she offers a guide to advanced B2B positioning—four lessons for getting past the trickiest and most common roadblocks that teams run into:
1. Disagreement about what to position against
2. Product pessimism blinds the team to product strengths
3. The differentiated value is poorly defined
4. The company doesn’t know what they are positioning
As April shares, “a single shift in positioning can mean the difference between a product that flops and one that breaks through.”
Don't miss this one: lennysnewsletter.com/p/a-gui…
Using the new Launch platform to get visibility for a tool I've been working on to cut down ramp times for B2B sales teams - Igi (AI for Faster Sales Ramp).
Check it out - trylaunch.ai/launch/igi-ai
Europe is building momentum.
We’ve been building @nothing out of London, proving you can build ambitious tech companies in Europe. Shipped millions of devices globally, crossed $1B in sales last year.
@andreasklinger, co-initiator of @euinc_petition and host of “Europe’s Most Ambitious Startups,” came to London to visit Nothing’s workshop. We talked about competing with Apple and Samsung, why manufacturing in Europe would be challenging for our product categories, and how AI will make every phone’s OS personal to its owner.
The tailwind is building for startups in Europe. For years, the narrative has been brain drain to the US, weak capital markets, startups relocating, and that is changing.
Ursula von der Leyen announced EU-Inc at Davos this week, a pan-European company structure letting startups scale across all 27 member states under one rulebook. What started as a grassroots initiative co-initiated by Andreas is now becoming policy.
€5B Scaleup Europe Fund launches this spring for AI, quantum, semiconductors. European Innovation Act coming in Q1 to remove barriers. The EU is moving.
Check out my interview with Andreas: youtu.be/Vc5o9aD8vZE
Insightful + refreshing take by Sangeet Paul Choudary open.substack.com/pub/platfo…
Jordan Stephanou retweeted
I’ll go out on a limb to claim @NotebookLM is the best AI product of the year! It’s unbelievably good! I no longer read PDFs or slides or other docs; I upload them to NotebookLM and convert them into audio/video overviews, infographics, mind maps, or flashcards. It’s just crazy!
Jordan Stephanou retweeted
Everytime I get mad at people in the cheap seats criticizing founders in the arena, I remind myself of what Giannis said. Arguably my favorite response to a reporter ever.
Jordan Stephanou retweeted
A number of people are talking about implications of AI to schools. I spoke about some of my thoughts to a school board earlier, some highlights:
1. You will never be able to detect the use of AI in homework. Full stop. All "detectors" of AI imo don't really work, can be defeated in various ways, and are in principle doomed to fail. You have to assume that any work done outside classroom has used AI.
2. Therefore, the majority of grading has to shift to in-class work (instead of at-home assignments), in settings where teachers can physically monitor students. The students remain motivated to learn how to solve problems without AI because they know they will be evaluated without it in class later.
3. We want students to be able to use AI, it is here to stay and it is extremely powerful, but we also don't want students to be naked in the world without it. Using the calculator as an example of a historically disruptive technology, school teaches you how to do all the basic math & arithmetic so that you can in principle do it by hand, even if calculators are pervasive and greatly speed up work in practical settings. In addition, you understand what it's doing for you, so should it give you a wrong answer (e.g. you mistyped "prompt"), you should be able to notice it, gut check it, verify it in some other way, etc. The verification ability is especially important in the case of AI, which is presently a lot more fallible in a great variety of ways compared to calculators.
4. A lot of the evaluation settings remain at teacher's discretion and involve a creative design space of no tools, cheatsheets, open book, provided AI responses, direct internet/AI access, etc.
TLDR the goal is that the students are proficient in the use of AI, but can also exist without it, and imo the only way to get there is to flip classes around and move the majority of testing to in class settings.
RT @rorysutherland: This is exactly my problem. Tech arrives as an option and ends up as an obligation.
As an option, it is mostly benign.…
This quoted post is unavailable.
Jordan Stephanou retweeted
Replying to @ycombinator
The "pie fallacy" misses a deeper point, too: value creation doesn’t just grow the pie. It reshapes it.
Entire new slices appear that didn't exist before. For example, Google didn’t just grab ad dollars from newspapers. It created an ecosystem of SEO, analytics, SaaS tools, and small businesses that never could have advertised at scale.
According to me, wealth creation is less about slicing bigger pieces, more about inventing new categories of pie.
























