Isn't this a bit misleading since you had VC's unlike most startups who are trying to raise money without them
Half our money has been from angels
Pitch decks we used to raise $1.1M
21–30 of 48 posts
Re: Pitch decks we used to raise $1.1M
#22"We use SEO to concentrate niche product conversions on our website." Seems briefer, more honest, and it's more obvious why that would make money. The people who ended up buying a creative stuff were going to do it anyway, and the people who were going to sell it do so slightly more often. Now they do it on your website, because a search led them there! The "Route to Market" slide changes are pretty funny. You're mic…
For someone named "doctorpangloss," this is an oddly negative take. :)
Re: Pitch decks we used to raise $1.1M
#23This suffers from both the fundamental attribution error and the labor-theory-of-value error.
They seem to be implying: 1) We got funded. 2) We worked hard on our pitch deck. 3) The effort on our pitch deck is why we got funded.
I don't see any reason that their first pitch deck is better than their 12th or their 23rd. Just because the 23rd investor liked their business plan doesn't make that pitch deck, or their strategies to improve it, correct.
Re: Pitch decks we used to raise $1.1M
#24All this tells me is that a slide deck matters little, if at all. There's hardly anything on these slides except some marketing bs. None of the graphs even show important metrics. I'm sure what was said when the deck was presented was far more influential
If you look through the marketing lingo, this does show some basic info that every investor wants to know:
* who are the founders and what is their experience?
* what is it? (freelance network for creatives)
* what is the size of the market? ($500b)
* what is the business model? (20% cut for arranging contracts)
* growth rate? (linear, but decent)
Things some people might want to know that were missing
* who are your competitors?
* how much are you asking for? for what portion of your company?
You say they're missing important metrics. What metrics are you looking for? They gave user growth, money in contracts posted in a month, and even gave user retention rate and contract acceptance rate.
Re: Pitch decks we used to raise $1.1M
#25"We use SEO to concentrate niche product conversions on our website." Seems briefer, more honest, and it's more obvious why that would make money. The people who ended up buying a creative stuff were going to do it anyway, and the people who were going to sell it do so slightly more often. Now they do it on your website, because a search led them there! The "Route to Market" slide changes are pretty funny. You're mic…
;)
Re: Pitch decks we used to raise $1.1M
#26This suffers from both the fundamental attribution error and the labor-theory-of-value error. They seem to be implying: 1) We got funded. 2) We worked hard on our pitch deck. 3) The effort on our pitch deck is why we got funded. I don't see any reason that their first pitch deck is better than their 12th or their 23rd. Just because the 23rd investor liked their business plan doesn't make that pitch deck, or their str…
Your pitch deck will get you meetings, not investment. No one invests from only seeing a pitch deck.
From speaking with investors, we learned about better ways to get across what we are doing. What the key ares that interested investors, etc. Most of that we learned was from the actual conversation rather than specific feedback on the deck.
On a side note, the first version of this deck makes me slightly embarrassed. Even the "final" version does because the company has evolved since we closed our investment round.
Re: Pitch decks we used to raise $1.1M
#27"We use SEO to concentrate niche product conversions on our website." Seems briefer, more honest, and it's more obvious why that would make money. The people who ended up buying a creative stuff were going to do it anyway, and the people who were going to sell it do so slightly more often. Now they do it on your website, because a search led them there! The "Route to Market" slide changes are pretty funny. You're mic…
;)
:)
Re: Pitch decks we used to raise $1.1M
#28"We use SEO to concentrate niche product conversions on our website." Seems briefer, more honest, and it's more obvious why that would make money. The people who ended up buying a creative stuff were going to do it anyway, and the people who were going to sell it do so slightly more often. Now they do it on your website, because a search led them there! The "Route to Market" slide changes are pretty funny. You're mic…
;)
[deleted]
Re: Pitch decks we used to raise $1.1M
#29Re: Pitch decks we used to raise $1.1M
#30Yeah, when someone writes "Look our pitch deck that raised us $x million" is clickbait.
It was never the pitch deck, it was the traction that got them funded. If you have good traction and your pitch deck is not abysmal, then you can always raise money.