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- 3 Red Flags in Pitch Decks
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3 Red Flags in Pitch Decks
Read time 1.6 minutes.
In the last 30 days, I’ve read 2,547 pitch decks. Here are 3 Red Flags and why you need to avoid making these mistakes.
Pitching an exit <$1B+. First of all, in a pre-seed or seed deck, I wouldn’t recommend having an exit slide at all. Many investors think that you are just in it for the money or already have your eyes on a sale and aren’t committed to sticking it out till you realize the company’s potential. Second, 99% of VCs need the company to hit $1B+ for the investment to be worthwhile. VCs are in the business of taking 1/100 chances of companies hitting it big. If their 1/100 winner only gets to $400M, then VCs will lose money.
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Using random email domain. If you are raising, then you should have a live website with a company email. If you are using Gmail, Outlook, Hotmail or, worst of all, a work email to raise, then VCs won’t think that you are committed, and you won’t raise. It costs $2/month on Zoho or other platforms; just get an email address from your domain.
Missing any of these slides: Problem, Solution, Team, Traction, Business Model, Market. If you are missing these slides, then you are missing a core part of your corporate narrative. Each company’s narrative has at least 6 parts; without one of these core pieces, the narrative falls apart.
Do you make any of these mistakes? |
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Onwards and Upwards,
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