May 2025

Sith Happens. Keep Pitching.

In the startup galaxy, not every pitch battle ends in a win — but that’s no reason to hang up your lightsaber.

Rejections. Setbacks. Awkward silences after your deck. We’ve all been there. “Sith happens” — and it’s part of the founder’s path toward mastery. The Jedi don’t become Jedi because things are easy. They become Jedi because they keep showing up, even when everything feels like it’s heading for the Dark Side.

In this post, we’ll explore how persistence is the ultimate startup superpower — and why every “no” brings you closer to the investors who believe in your Force.

(Bonus: yes, we’re sprinkling in Star Wars wisdom. You’re welcome.)

The Real Enemy Isn’t Rejection — It’s Giving Up

Building a successful startup isn’t about dodging failure. It’s about committing to the journey when things get hard. For Nevada founders and early-stage builders everywhere, the road to success is rarely a straight shot through hyperspace — it’s more like a dozen detours, a few ship malfunctions, and the occasional run-in with a bounty hunter.

Deals fall through. Product launches stall. Co-founders disagree. Fundraising dries up. And still — the ones who succeed are the ones who persist.

“Startups rarely die in mid-keystroke. They die when the founders give up.”  – Paul Graham, Co-founder, Y Combinator

Just like in the saga, the most powerful founders aren’t the ones with perfect resumes. They’re the ones who adapt, stay focused, and keep pitching.

Melanie Perkins, founder of Canva, and one of the youngest self-made billionaires in the world, received over 100 rejections before securing funding for Canva in the early days.

“The best founders are relentless. Not in an annoying way, but in the sense that they never give up.” – Sam Altman, CEO OpenAI

“When we raised our fund, we probably got over 500 no’s. It’s just like startups. It’s a numbers game. You don’t need everyone to say yes — just a few.” – Elizabeth Yin, GP at Hustle Fund

Trust in the Force (of Momentum)

Every “no” is a plot twist — not a finale.

Momentum is what separates the dreamers from the builders. And in startup fundraising, momentum often comes from one thing: volume. The more pitches you give, the more you build that pitch muscle, and the more chances you create. Especially in early-stage investing, success follows the Power Law — a small number of deals drive most of the returns. For founders, that means a handful of investor conversations might unlock the capital you need to scale.

“We got rejected by everyone. Distributors and investors. For every dollar we raised I had to get 10 rejections.” — Seth Goldman, Co-founder of Honest Tea (acquired by Coca-Cola)

“I had to knock on a lot of doors. 242 investors said no.” — Howard Schultz of Starbucks, in Pour Your Heart Into It (book)

Founders don’t win because of one perfect pitch. They win because they keep showing up. Most early-stage founders pitch 40+ investors before getting a “yes” (DocSend x Harvard, 2021).

It’s not personal. It’s math. And the odds improve the longer you stay in the fight.

Build Your Rebel Alliance

Even Luke needed a crew.

You don’t have to battle the dark forces of startup life alone. Surround yourself with mentors, advisors, investors, and other founders who believe in your mission — and aren’t afraid to challenge you along the way.

Mentored businesses see an average 83% growth in annual revenue, and 70% of mentored startups survive their first five years in business, according to this U.S. study

That’s exactly why StartupNV exists — to surround founders with allies, not gatekeepers. We’re building an ecosystem that turns rejection into redirection and failure into fuel. Whether it’s your first pitch or your fiftieth, having the right allies makes the mission possible.

“If you’re not learning from someone smarter than you, you’re not growing fast enough.” — probably Yoda (or a decent angel investor)

Not learning you are, growing you are not.

Use the Force (a.k.a. Data)

Sure, Luke ditched the targeting computer — but only after he learned how it worked.

In startups, the “Force” is feedback. Founders who listen to tough questions, track their KPIs, and use data to iterate are the ones who level up. There are a lot of resources available on how to identify key metrics in a pitch – such as market size, magnitude of the problem you are solving, pricing model, and valuation. Yet, these are areas that lack in most of the pitches I see. Do you have traction? Revenue? Customers? Those numbers are your most convincing tools in the pitch — use them like a lightsaber: with clarity and purpose. You can show us all the features and buttons of your droid later, not during your pitch. Focus on what matters for investors considering an ROI.

If you are pre-revenue, what customer discovery did you do before and while building? My friend Harold Hughes, founder of BandWagon, would bring physical stacks of customer discovery surveys in his trunk to show investors that they did the work to find out what their customers wanted and what they would pay. That visual proof demonstrates research, intention, and commitment.

“When founders use metrics to tell their story, it changes the conversation from belief to evidence.” – Tomasz Tunguz (VC, Redpoint Ventures)

Every pitch that doesn’t land is actually market research. Every investor who passes gives you a chance to sharpen your story. Every moment you spend refining your deck is a step closer to the one that hits.

Most investors will not provide feedback and insights on why they passed … unless you ask for it. Ask if they’d be willing to provide a few reasons via email or spend 10 on the phone with you providing the reasons they passed and offering advice on opportunities for improvement. Some will, and some won’t. Sometimes, it’s just not the right fit. Sometimes, the investors pass on companies who could have made great returns for them. Sometimes, they pass for the same reasons that the previous ten investors did. Collect feedback and use your discretion on what to apply. 

Identify investors whose thesis you are within and who could be valuable strategic partners if they did invest.

It’s not magic. It’s discipline. Keep pitching.

Nevada: A New Hope

From Las Vegas to Reno to our growing rural startup communities, Nevada’s innovation ecosystem is scaling fast. With new incubators, accelerators, pitch events, and early-stage funds, founders have more opportunities than ever to connect, build, and grow.

This frontier is still forming — and that’s what makes it powerful. Yes, there’s not yet a surplus of local capital. But even in the most promising ecosystems, rejection is part of the process. That’s not a flaw — that’s the game.

In the post-COVID era, geography matters less. More investors are writing checks outside traditional hubs like Silicon Valley — and that opens the door for founders in emerging markets like Nevada. One advantage of building in a nascent-but-rising startup scene? You stand out from the noise. Build relationships early and maintain them … a “no” now might just mean “not yet”.

Do your research. Use data. Get feedback. Then pitch again. The founders who win are the ones who stick with it. Who refine the message, improve the product, and pitch again. And again. And again.

Final Transmission

Whether you’re raising your first round or rebuilding after a crash landing, remember this:

Sith happens.
Keep pitching.
Keep learning.
Keep going.

Your next breakthrough — your champion investor, your breakout user, your market moment — might be just one “no” away.

May the funding (and the Force) be with you.

By Madeline Feldman

* This is a fan-made blog and is in no way affiliated with, sponsored by, or approved by Lucasfilm, Disney, or the Galactic Empire. Some images were generated with AI or borrowed from the meme galaxy far, far away. I don’t own the rights to Star Wars—please don’t send bounty hunters.

Sith Happens. Keep Pitching. Read More »

How To Craft A Winning Go To Market Strategy For Your Startup

What is a Go-To-Market (GTM) Strategy?

A go-to-market strategy is your startup’s plan to introduce a product or service to the right audience with the right message at the right time. It’s about more than just launching—it’s about building traction, growing awareness, and creating a repeatable path to revenue.

Think of it like this: a GTM strategy helps you avoid shouting into the void. It’s a framework for getting in front of the people who actually care, in a way that actually works.

Whether you’re entering a new market, releasing a new product, or repositioning an old one—your GTM plan is how you bring it all together.

Why You Need a GTM Strategy

The #1 mistake we see early-stage founders make? Building something cool… and assuming people will just show up.

They don’t. A GTM strategy saves you from:

  • Wasted budget on the wrong channels
  • Talking to the wrong audience
  • Confusion inside your team
  • Launching before you’re ready

It forces clarity. It answers:

  • Who are we serving?
  • Why do they care?
  • How will they hear about us?
  • What will they do next?

Key Elements of a Go-To-Market Strategy

You don’t need a 50-page slide deck. Just cover these essentials clearly and honestly:

1. Target Customers

Who are you building this for—really? Define your ICP (ideal customer profile) as specifically as you can. If you say “anyone,” your strategy’s already off track.

2. Value Proposition

Why does this matter to them? What pain are you solving? What’s your “so what?”

If you can’t say this in one sentence without jargon, go back to the whiteboard.

3. Messaging

Once you’ve nailed the value prop, translate it into messaging that resonates. This isn’t just taglines—it’s how you talk across your site, pitch deck, emails, ads, and demo.

4. Channel Strategy

Where will you find your customers, and how will you reach them?

Your choices might include:

  • Organic content
  • Paid ads
  • Cold outreach
  • Partnerships
  • SEO
  • Events

Choose a few—test, then double down on what works.

5. Customer Journey & Activation

Map out the steps from “I’ve never heard of you” to “I’m a happy customer.” Where are the drop-offs? What do you need to improve or automate?

6. Pricing & Offers

How will you package and price the product? What’s the first thing you’ll ask someone to buy—or try? It should feel low-friction and high-value.

7. Metrics That Matter

Track the right things—not just traffic or impressions, but:

  • Conversion rate
  • CAC (customer acquisition cost)
  • LTV (lifetime value)
  • Retention
  • Activation rate
8. Number of Qualified Leads

This one deserves its own line:

If your top-of-funnel is full of the wrong people, it doesn’t matter how clever the rest of your strategy is.

Make sure your early messaging and targeting are attracting the right prospects. If you’re not getting qualified leads, revisit everything upstream.

Final Thought: Your GTM Strategy is a Living Thing

This isn’t a “set it and forget it” document. Your GTM evolves as you learn more, as the market shifts, and as your product grows.

The goal is simple: put something structured in place, run experiments, measure results, and keep improving. The sooner you find a repeatable motion that works, the sooner you’ll build momentum.

How To Craft A Winning Go To Market Strategy For Your Startup Read More »