Why you should care
Because April Fools’ Day is the only time you’d want to pull these stunts when pitching a startup. And even then, it’s not a good idea.
There’s a good chance that at some point today you will use a product that exists, in part, because of Ron Conway. Conway isn’t simply an investor. He’s an early investor, which means he puts his money into start-ups when they’re just a few people and a big idea. No surprise that the role is dubbed “angel investor”—who else would give you money at that stage?—and Conway is one of the best known in Silicon Valley. Over the years, he’s helped launch companies like Google, PayPal and Facebook. Full disclosure: Conway’s also an investor in OZY. Fuller disclosure: We hope his investment sets us on path to similar success.
In this interview with OZY, Conway talks about how to completely screw up a pitch and why AirBnB would not exist without the Great Recession. As a bonus, watch the below segment to hear what Conway’s favorite investment is right now.