Public Relations (PR)

RR
Ryan Rutan

Public Relations (PR)

Public Relations (PR) is the practice of earning media coverage and managing public perception of a company through press relationships and reputation management. It includes press relationships, story pitching, content distribution, executive thought leadership, and crisis management. PR is distinct from paid advertising (which is bought) and content marketing (which is owned) by being earned media (coverage placed because reporters or publications find the story worth covering). It's the discipline that turns company news, milestones, and perspectives into press coverage, podcast appearances, conference speakerships, and other third-party validation.

What PR includes:

Press relations: building relationships with reporters covering your industry; pitching stories; sharing news.

Press releases: formal announcements distributed via newswires (see Press Release).

Thought leadership: executive bylines, op-eds, podcast appearances, conference talks.

Crisis management: responding to negative coverage, security incidents, layoffs, leadership changes.

Analyst relations: engaging Gartner, Forrester, IDC, and industry analysts.

Media training: preparing executives for press interviews.

Awards and lists: pursuing inclusion in Inc 5000, Forbes 30 Under 30, Fast Company Most Innovative, etc.

How startup PR has changed:

Pre-2010: traditional press relations dominated. PR firms had relationships with reporters at TechCrunch, WSJ, NYT. Press release distribution was a real channel.

2010-2020: TechCrunch et al. lost editorial influence; bloggers and Twitter accounts gained influence. PR became more diffuse, with influencer relationships matching importance of press.

2020+: Substack, podcast, and creator economy fundamentally changed PR. Coverage in a top Substack or a popular podcast can drive more sign-ups than NYT coverage. Algorithmic distribution shapes coverage decisions. AI-generated content floods the zone.

What good startup PR looks like:

Founders as media assets: founder personal brand on Twitter/X, LinkedIn, podcasts, conferences. Built over years.

Selective press strategy: focus on 5-15 publications and creators that reach your ICP, not broad PR sprays.

Story-driven pitching: pitch stories not products. Reporters cover narratives, not features.

Embargoed major news: coordinate funding announcements, product launches, milestones with select press in advance.

Quick response on opportunities: when a relevant news cycle happens, be ready to respond fast with founder commentary.

When to invest in PR:

Pre-seed: minimal. Maybe founder Twitter. No PR firm.

Seed: light PR for funding announcement only. Founder-led press relations.

Series A: dedicated PR investment. Either in-house Head of Communications or PR agency retainer ($10K-$30K/month).

Series B+: full PR program. In-house team + agency support. Multiple PR campaigns per quarter.

PR agencies:

Boutique tech PR: BAM Communications, BLASTmedia, Touchdown PR, Method Communications. $10K-$30K/month for retainer.

Mid-size: Hotwire, Voce, Spitfire. $20K-$60K/month.

Large: Edelman, Weber Shandwick, FleishmanHillard. $40K-$150K+/month, typically for enterprise/public companies.

Specialty: AI-focused agencies, fintech-focused agencies, healthtech-focused agencies. Sector expertise matters.

What founders get from PR (be honest):

Coverage: stories in publications relevant to your customers.

Credibility: third-party validation of company narrative.

Recruiting boost: candidates find press coverage when researching companies.

Investor signaling: PR coverage can influence future fundraising conversations.

Customer trust: B2B buyers (especially enterprise) check press coverage as part of vendor evaluation.

What founders don't get from PR (be realistic):

Direct sales: PR is awareness, not conversion. Don't expect press coverage to drive immediate revenue.

Quick wins: PR is a 6-18 month investment to see meaningful coverage. Patience required.

Control: reporters write what they want; you don't control narrative.

ROI math: PR ROI is notoriously hard to measure quantitatively.

Ryan's Take

Founders get PR exactly backwards: they hire an agency at pre-seed expecting magic, or they wait until Series C when the relationships should already exist. Start with your own brand from day one, on LinkedIn, Twitter, and podcasts, where you control the reps. Spend on real PR around the moments that matter, like a raise or a launch, and staff it properly around Series A when scale starts to count. What doesn't work is paying an agency at seed to conjure coverage, or expecting a press hit to show up in your sales numbers.

What founders get wrong: Expecting PR to drive direct revenue. PR builds awareness, credibility, and trust over years; it doesn't drive immediate conversions. The right discipline: invest in PR for the long-term brand effects; don't measure it like paid acquisition.

Related: Press Release · Brand Awareness · Content Marketing · Influencer Marketing

FAQ

What is Public Relations (PR)?
The practice of earning media coverage and managing public perception through press relationships, story pitching, thought leadership, and reputation management. Earned media (covered because story is worth covering), distinct from paid advertising or owned content.

What does a PR agency do?
Builds press relationships, pitches stories to reporters, drafts press releases, manages thought leadership (bylines, podcasts), handles crisis response, coordinates analyst relations, secures awards and list inclusions.

When should I hire a PR agency?
Series A typically. Pre-seed and seed, founder-led PR is sufficient. At Series A, $10K-$30K/month for a boutique tech PR firm is standard. Scale up at Series B+ with in-house team plus agency.

What's a realistic ROI from PR?
PR builds awareness, credibility, recruiting brand, and investor signaling over 6-18 months. Don't expect direct sales attribution. Measure PR by share of voice in target publications, executive quote frequency, and analyst recognition.

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