Founder hot topic:
Stealth vs. build in public

Which is better for early stage?

Let’s dissect the pros & cons ⬇️⬇️⬇️

//thread 🧵
Raising capital

For pre-seed companies an investor is betting on a combination of you + idea + timing.

Generating buzz can help open doors or create FOMO.
Competitive advantage

Building in public shows your playbook. If there are low barriers to entry I would argue stealth is the way to go until you have a product that a group of people love and your focus changes to acquisition.
PR

Most PR buzz (especially trade press like TC) does not lead to thousands of downloads.

I’m a fan of founder story PR vs. company press in the early days. If you drive a bunch of people to a splash page and don’t contact them for 8 months... you won’t convert them.
Social media

Building in public generates SM hype. No question.

I continue to watch companies build loyalists through their SM accounts and the followers feel in at the ground floor.
Social media pt 2

Impression bias is the desensitization after exposure to something over time.

If you don’t have new info or proof points for your audience, they may be “over it” after a while if it’s constant hype over progress.
User Feedback

Building in public may allow you faster access to feedback. I’m a big believer in ship fast vs. trying to launch a “perfect” product.

If you’ve built a community of early supporters, you’ll likely build shorter feedback loops.
Recruiting

By sharing that I’m launching a new company on Twitter I was able to recruit AMAZING talent quickly.

This is definitely made easier when you’ve built a community of supporters.
TL;DR timing & purpose is everything

I believe there is a right time to start the hype.

If your goal is to see your company in a headline then check your OKRs and personal needs. Get real with yourself on the true drivers and adjust accordingly.
What do you think? I’d love to hear!
You can follow @AmandaMGoetz.
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