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Pitch by David Hsu

Retool YC Demo Day Pitch
Transcript
Highlights
Hey, I'm David, and we're Retool. Retool is a dramatically faster way to build custom internal tools. What are custom internal tools? Let's say you're YouTube and somebody's uploaded a dodgy video. You want to be able to approve or reject that video. That's a custom internal tool, and every company builds them today. One of our customers spent two hundred K and six months building a custom sales forecasting tool. We built it for them inside Retool from scratch in just twenty minutes on the sales call. Unsurprisingly, that seventy-five thousand person company just signed a paid pilot with us. How do we do it? We realized that all custom internal tools actually have the same building blocks, and your engineers are wasting their time writing the same code over and over again. So Retool gives you pre-built components which you can drag and drop and compose to build any custom internal tool that you might want. That's fifty times faster than building it from scratch every single time. And the market is huge. Fifty percent of all code in the world goes towards these internal tools. That might sound surprising, but just think of all the companies outside of Silicon Valley. Think of Coca-Cola. All of the code that Coca-Cola writes is all internal stuff. In fact, one of our customers spends four hundred million dollars every single year building these internal tools. We're two months in, and we already have eleven K in MRR and are live with thirteen customers. We have a paid pilot with a giant enterprise, and that's worth one point five million dollars. To summarize, we're Retool. We let you build custom internal tools much faster. The market is huge. Every single company has these custom internal tools that they have to write from scratch today. We have eleven K MRR in two months and a paid pilot with a huge enterprise. Many of your portfolio companies are wasting their time building internal tools right now. Give us a like and let us help them. Thanks.
Pitch Summary

You deliver a crisp, confident story with memorable proof points (20 minutes on a sales call, $11K MRR in two months, $1.5M pilot). The main gaps are investor-completeness at the end and a market section that’s long on “huge” but light on a concrete, reachable wedge and sizing.

Pitch Anatomy

9 core elements investors expect, plus 4 optional ones (How It Works, Why Now, Vision, Roadmap) that only some pitches need.

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Improved Version
343363 words (+6%)
A customer spent $200,000 and six months building an internal sales forecasting tool. We rebuilt it from scratch in Retool in 20 minutes, live, on the sales call. Every company runs on custom internal tools, like the interface YouTube uses to review and approve uploaded videos. The problem is that most internal tools reuse the same basic building blocks, but engineering teams still rebuild them from scratch every time. That burns months of engineering time and hundreds of thousands of dollars on tooling instead of core product. I’m David, and we’re Retool. Retool is a dramatically faster way to build custom internal tools. Retool gives teams pre-built components for common internal-tool UI and workflows. You drag and drop and compose those components to assemble the exact tool you need, instead of writing all the code from scratch. That approach makes us about 50x faster than building the same internal tool from scratch every single time. This is a huge market. About 50% of all code in the world goes toward internal tools. And it’s not just Silicon Valley. Think of companies like Coca-Cola, where a massive amount of software is internal. One of our customers spends $400 million every year building these internal tools. We’re two months in and already at $11K in MRR, live with 13 customers. That 75,000-person company signed a paid pilot with us, meaning they’re paying for a trial deployment before a broader rollout. We also have a paid pilot with a giant enterprise worth $1.5 million. [Not covered in the original pitch. Consider adding: how you charge (per seat, per developer, per app, or usage), your typical contract size, and how pilots convert into longer-term revenue.] [Not covered in the original pitch. Consider adding: 1 sentence on why you are the team to win here, for example your background building internal tools, developer platforms, or enterprise software.] If you’re an investor, we’re raising [insert round size] to scale sales and product for internal-tool teams. If you have portfolio companies spending meaningful engineering time on internal tools, we want introductions to the engineering or ops leaders. Reach us at [insert email or URL] and we’ll get them live quickly.

Hook

A customer spent $200,000 and six months building an internal sales forecasting tool. We rebuilt it from scratch in Retool in 20 minutes, live, on the sales call.

Problem

Every company runs on custom internal tools, like the interface YouTube uses to review and approve uploaded videos. The problem is that most internal tools reuse the same basic building blocks, but engineering teams still rebuild them from scratch every time. That burns months of engineering time and hundreds of thousands of dollars on tooling instead of core product.

Solution

I’m David, and we’re Retool. Retool is a dramatically faster way to build custom internal tools.

How It Works

Retool gives teams pre-built components for common internal-tool UI and workflows. You drag and drop and compose those components to assemble the exact tool you need, instead of writing all the code from scratch.

Differentiation

That approach makes us about 50x faster than building the same internal tool from scratch every single time.

Market

This is a huge market. About 50% of all code in the world goes toward internal tools. And it’s not just Silicon Valley. Think of companies like Coca-Cola, where a massive amount of software is internal. One of our customers spends $400 million every year building these internal tools.

Traction

We’re two months in and already at $11K in MRR, live with 13 customers. That 75,000-person company signed a paid pilot with us, meaning they’re paying for a trial deployment before a broader rollout. We also have a paid pilot with a giant enterprise worth $1.5 million.

Business Model

[Not covered in the original pitch. Consider adding: how you charge (per seat, per developer, per app, or usage), your typical contract size, and how pilots convert into longer-term revenue.]

Team

[Not covered in the original pitch. Consider adding: 1 sentence on why you are the team to win here, for example your background building internal tools, developer platforms, or enterprise software.]

Ask

If you’re an investor, we’re raising [insert round size] to scale sales and product for internal-tool teams. If you have portfolio companies spending meaningful engineering time on internal tools, we want introductions to the engineering or ops leaders. Reach us at [insert email or URL] and we’ll get them live quickly.

Message Clarity

1 jargon term, 2 complex sentences found

Jargon

paid pilota paid trial project (a customer pays to test the product before a full rollout)
0:45
Speaking Pace

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147 WPM

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Min: 125 WPMMax: 172 WPM
Delivery

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Needs Work (1)

UptalkBeta

3 instances detected

“You want to be able to approve”0:17
“That's a custom internal tool,”0:21
“We're two months in,”1:42
Weak Words

1 word weakening your message

Give us a like1
Filler Words
🎉
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Excellent clarity
David Hsu "Retool YC Demo Day Pitch" Speech Analysis | speaking.app