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Timestamps are as accurate as they can be but may be slightly off. We encourage you to listen to the full context.
This episode features a masterclass in strategic communications from Lulu Cheng Meservey, a communications expert who has worked behind the scenes with some of tech's most successful companies and founders. (00:00) The conversation explores why communications has become increasingly critical for startup success, diving deep into the psychology of storytelling, reputation management, and talent acquisition. (01:15) Meservey reveals that communications isn't just about messaging—it's about creating narrative arcs that help people understand where your company fits in the larger story of progress and innovation.
Lulu Cheng Meservey is a strategic communications expert who has worked with some of tech's most prominent companies and founders. She co-founded a communications company and has provided deep strategic counsel to companies including Andreessen Horowitz portfolio companies, Substack, and Activision Blizzard. Known for her unconventional approach to communications strategy, she focuses on helping founders build authentic narratives that drive talent acquisition and company growth.
Jack is a venture capitalist and podcast host who brings extensive experience in the startup ecosystem. He has founded and scaled companies, including serving as founder of Lattice, and brings a practitioner's perspective to discussions about company building, talent acquisition, and strategic positioning in competitive markets.
Every compelling story follows a problem-resolution structure, and companies must help audiences understand where they are on this arc. (07:02) Meservey explains that people instinctively think in narrative arcs—expecting stories to have ups, downs, and eventual resolutions. The key insight is that you can influence where people perceive you on this arc. If people think you're past your peak, they expect decline. If they believe you're just hitting your stride after overcoming challenges, they anticipate greatness ahead. This framework helps founders position themselves as underrated rather than overrated, creating positive momentum and support.
Effective communication requires finding the intersection of three critical circles: what's true about your company, what's relevant to your audience, and what's strategically helpful to your business. (18:09) This framework prevents founders from either sharing irrelevant truths or making strategically harmful statements just for attention. For example, when describing an AI tutoring company, you might focus on the founder's experience as a repeat entrepreneur (true), the current AI excitement and education system problems (relevant), and the product's compatibility with existing schooling (strategic). This ensures every communication serves your long-term objectives.
People have an intuitive sense of how much reputation and success you "deserve," and they unconsciously work to correct perceived imbalances. (11:21) Meservey describes this as a homeostatic set point—if people think you're overrated, they want to bring you down; if you're underrated, they want to lift you up. The goal is to be perceived as underrated because this creates advocates who feel good about supporting you. This explains why "underrated" is a compliment while "overrated" is an insult, and why positioning yourself slightly below where people think you should be creates powerful momentum.
Understanding human psychology is more valuable than simply focusing on reach and distribution channels. (31:22) Meservey illustrates this through prospect theory: people are twice as likely to take risks to avoid losses versus achieve gains. Instead of positioning your startup as offering something better than what customers have (asking them to risk change for potential gain), frame their current situation as the risky path and your solution as the safe harbor. This psychological reframing can dramatically improve conversion rates by working with human nature rather than against it.
Great founders don't fabricate personas—they strategically amplify authentic aspects of themselves that serve their mission. (24:57) Meservey explains that while you can't change your fundamental nature, you can choose which true aspects of yourself to emphasize. The key is selecting traits that are both genuine and relevant to your business objectives. This approach creates authentic charisma that attracts the right people to your mission while avoiding the "uncanny valley" effect of trying to be someone you're not.