THE ONLY PITCH PREP YOU'LL EVER NEED

Summary from the TLDR Founders newsletter

Redbud VC's pre-seed framework prioritizes how founders reason under pressure over rehearsed answers. Sharpest signals include naming credible failure modes, articulating uncomfortable market beliefs, and showing how customer feedback has changed their thinking. The strongest indicator of success is the ability to say "I don't know" and explain the plan to find out, as early companies typically fail from misjudging reality and updating too slowly.