Sarick Effect
- Founder of Babble used to pitch to VCs starting with slides like "why you should not invest".
- Also similar presentation to Disney for acquisition. "Here's why you should not buy Babble"
- Was successful, got acquired for $40M.
- This is the Sarick effect.
- When presenting to people who had more power, it can be good to lead with weaknesses.
- This disarms the audience.
- Confidence can be a red flag.
- "Unbridled optimism comes across as salesmanship".
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