Entrepreneurs hear that VC pitches ought to be short, 10-20 slides. What most don’t know is that there is no way they can deliver a presentation that short by just “writing” the slide deck.
An entrepreneur I’ve known for a long time came by my ranch over Thanksgiving break to show me the first pass of his new startup slide deck.
My eyes were glazed by slide 9.
It was over 35 slides long, with each slide feeling like it had 12 lines of 10-point type. It had a problem statement going back to the invention of the telephone, an opportunity claiming to exceed the Gross National Product and it had every possible product feature with enough left over for three other startups products.
My first reaction was, “you got to be kidding.” Yet I was hearing the pitch from an experienced entrepreneur with multiple wins under his belt. He had raised money from name-brand VC’s in past startups and knew what a fundable VC slide deck looked like. What was going on?
To read the full, original article click on this link: Want VC cash? Learn to hone your pitch | VentureBeat
Author: Steve Blank
