8
11 Comments

New: Pitch Group

  1. 4

    5 TOP Must haves for Pitch:

    1. Solid Background on Founder as well as TEAM or if you don't have full team how you will recruit top level talent to your company once investment is made.
    2. Business/Revenue Model - VC's want to make 100X on their investment so they will not be interested in market size that's small. Is your sales and marketing plan solid?? Is it proven? If not you have to know exactly why and how investment will change. Don't have 12 revenue streams - Focus on Top 1 to 3.
    3. Company Finance Model - dilution and valuation. Say why you're raising a given amount, what milestones that money will allow you to achieve through all rounds.
    4. Can you explain your idea in 10 Seconds? Example: We are Wall Street for individuals - (Robinhood)
    5. Demo - Never longer than 5 minutes and don't start with demo
  2. 3

    This is a very good idea.

    I would suggest a regular review/discussion of a

    • publicly available pitch deck
    • YC application video
    • product demo video

    There are plenty of these out there. Some are good and some are good examples of what to avoid.

    1. 1

      Nice! I think it can be very beneficial.
      We can make it a weekly thing, each week a breakdown of such pitch deck/presentation.

      Would you like to choose a company and analyze its Pitch Deck/ YC Application/Product Video??

      1. 2

        Sure, I'll post one today

  3. 3

    I have been part of many VC pitches and start-ups. Let me know how I can help?

    1. 2

      Please do share you experience. I bet that most of the people here (me included) are not veterans in pitching to VCs.

      What would you say is the most important things in pitching? How about you write a new post about it?! I'm sure many will benefit!

  4. 2

    There is a game within a game for landing VC's. First, Majority of VC's do not invest in products or ideas. They invest in people and/or teams whom have had a success with previous start-up's or Buy-outs or grown a F1000 company division at Amazon or Google. If they really like your idea but don't feel you have the chops to execute the business model, they will invest and build a competitive company and bring in own team and thus have majority ownership. Angel Investor Networks or Private Investor Seed rounds pose less risk as they don't have interest or time in building their own company. Look for what you need now in your business model or Journey. Example: if you only need 10K to 50K to prove out a idea, don't spend time going to large VC's. If you need $5 Million plus to scale than larger VC is good path. Go into a meeting prepared and know how to protect yourself and company. If there is interest in community I can POST more on how to prepare as well as protect your ideas........

  5. 1

    I’m in. But what do you suggest that we do in the group? Can I also suggest?

    1. 1

      Well I had some ideas, like what's written in the description, but as we're all the founding members (:D) of this group, I guess we can all help direct it in the right way... What do you have in mind?

  6. 1

    I think there should be a conversation about pitches.

    I find myself constantly trying to sharpen my pitch, and I find that it can be tricky.

    I would love to see discussions here about that, just as we have on other topics. Let's talk about the ways we approach our pitches, give each other feedback, educate and learn about the topic.

    Join the group if you wish to pitch and get reviewed, and help sharpen others' pitches.

Trending on Indie Hackers
Reaching $100k MRR Organically in 12 months 29 comments What you can learn from Marc Lou 20 comments Why would you NOT buy my product? 13 comments Worst Hire - my lessons 11 comments How to Secure #1 on Product Hunt: DO’s and DON'Ts / Experience from PitchBob – AI Pitch Deck Generator & Founders Co-Pilot 10 comments Competing with a substitute? 📌 Here are 4 ad examples you can use [from TOP to BOTTOM of funnel] 8 comments