NextView's Pitch to Founders

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Most founders pitch investors. Here's our pitch to you.

Learn more about our approach: http://nextview.vc/2hlzqDh

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NextView's Pitch to Founders

  1. 1. hi, we’re
  2. 2. We’re a high-conviction, hands-on seed VC firm that invests across the U.S.
  3. 3. And we champion founders redesigning the Everyday Economy.* *More on this in a bit.
  4. 4. We also think the typical fundraising pitch process is kind of backwards.
  5. 5. Entrepreneurs take the risk to build something special.
  6. 6. So why is the traditional startup fundraising process so opaque and arduous?
  7. 7. We want to reverse the process.
  8. 8. Let us pitch you.
  9. 9. Before you step foot in our office, we want you to know 1. who we are 2. how we help founders 3. how we think
  10. 10. WHO WE ARE
  11. 11. We’re high-conviction, hands-on seed investors.
  12. 12. We lead or co-lead 10-12 investments every year. We’re high-conviction, hands-on seed investors.
  13. 13. Once we invest, we’ll sit on the board, and actively help the company. We’re high-conviction, hands-on seed investors.
  14. 14. Early on in a startup’s life, this help matters. A lot. We’re high-conviction, hands-on seed investors.
  15. 15. We’re high-conviction, hands-on seed investors. Founders come to us for funding before they have product- market fit.
  16. 16. We’re high-conviction, hands-on seed investors. Sometimes, that means they pitch us a napkin sketch of an idea.
  17. 17. We’re high-conviction, hands-on seed investors. Other times, they demo a real product with real traction and customers.
  18. 18. We’re high-conviction, hands-on seed investors. Our initial checks range from $100K - $1.5M.
  19. 19. We’re high-conviction, hands-on seed investors. We have capital to support companies in follow-on rounds, but we prefer to invest more upfront.
  20. 20. No matter how much we invest, we believe in being more than a check in your bank account.
  21. 21. The path to product-market fit is risky, uncertain, and winding.
  22. 22. We know. We’ve walked it ourselves. Early PayPal, Co- Founder LinkedIn Co- Founder, Sombasa Media (acq. by About.com) Product Lead, eBay
  23. 23. Our job is to be the best possible partner to seed startups walking this path.
  24. 24. To do that, we keep our number of investments small.
  25. 25. To do that, we keep our number of investments small. That way, we can go deeper with each of them.
  26. 26. And we work as a team.
  27. 27. And we work as a team. Regardless of who sits on your board, you have access to the entire NextView team and network from Day 1.
  28. 28. We also focus all our resources and programming on the seed-stage.
  29. 29. We also focus all our resources and programming on the seed-stage. Finding product-market fit is tough, so our platform helps remove barriers that get in your way.
  30. 30. This approach is working.
  31. 31. 70 % of our portfolio has made it to their Series A, a benchmark for product-market fit.
  32. 32. Here are some ways we help our founders get to that milestone.
  33. 33. HOW WE HELP FOUNDERS
  34. 34. At the seed stage, founders only care about four things. Hiring great people Building a product users love Getting more customers Not running out of money
  35. 35. We’ve built an expansive platform of resources to address these challenges. Here are a few initiatives we’ve previously launched.
  36. 36. We created a Talent Exchange program to match candidates with portfolio companies. We assembled some of the best product leaders in the world to advise and assist our portfolio. We introduced a founder to their first (and
  37. 37. Exchange program to match candidates with portfolio companies. We assembled some of the best product leaders in the world to advise and assist our portfolio. We introduced a founder to their first (and ultimately biggest) customer. We published a pitch
  38. 38. the best product leaders in the world to advise and assist our portfolio. We introduced a founder to their first (and ultimately biggest) customer. We published a pitch deck template that anyone can use. Click here if you want it, too. à
  39. 39. We introduced a founder to their first (and ultimately biggest) customer. We published a pitch deck template that anyone can use. Click here if you want it, too à
  40. 40. They actually help seed-stage founders and their teams. All the resources in our platform have one thing in common.
  41. 41. You don’t have to take our word for it. Just listen to what our founders have to say.
  42. 42. Mary Biggins Co-Founder, MealPal, Prev. Co-Founder, ClassPass “When I was fundraising for our Series A, David was my go-to person for advice and feedback.”
  43. 43. “More than any other investor we worked with, you actually get support from everyone. The team fought for me with a ton of accounts, and they all regularly offered help and feedback.” Brian Long CEO & Co-Founder, TapCommerce (acq. by Twitter)
  44. 44. Stu Landesberg Founder, Grove Collaborative “We wouldn’t be here without NextView’s partnership. They are my go-to call in the middle of the night when I need help or advice.”
  45. 45. We want to partner with more founders like Mary, Brian, and Stu. Here’s how we think about finding them.
  46. 46. HOW WE THINK
  47. 47. We care about the who, what, and how.
  48. 48. The where doesn’t really matter.
  49. 49. The where doesn’t really matter. We’re based in BOS and NYC, but we invest all over the U.S.
  50. 50. We love backing exceptional and authentic, but perhaps misunderstood, founders. We care about the who, what, and how.
  51. 51. They want to redesign daily living for everyday people. We care about the who, what, and how.
  52. 52. According to the U.S. Dept. of Labor, people spend most of their time and money in just seven categories. Portfolio Examples 0% 25% 50% 75% 100% Home PercentageofSpendingbyCategory Work & Money (incl. taxes, insurance, retirement) Transportation Food Health Entertainment Apparel Source: U.S. Dept of Labor
  53. 53. We call these categories the Everyday Economy.* We care about the who, what, and how. *Remember this?
  54. 54. To learn more about the Everyday Economy, head to our website. à We care about the who, what, and how.
  55. 55. They also deliver jaw- dropping value with competition-crushing business models (JDCC for short). We care about the who, what, and how.
  56. 56. Let’s use a real-life example.
  57. 57. Meet , a personalized styling subscription service for plus- sized women.
  58. 58. WHO After meeting at HBS, Nadia teamed up with Lydia to solve a problem she’s faced her whole life: finding stylish plus-sized clothing. Nadia Boujarwah & Lydia Gilbert Co-Founders, Dia&Co Exceptional founders, misunderstood market
  59. 59. 67% of women in the U.S. wear a size 14 or above, yet very few retailers offer well-fitting and stylish options. This means finding clothes that fit is often painful and emotionally taxing. WHAT Everyday Economy Product Source: Bloomberg
  60. 60. Dia&Co creates a lovable shopping experience for plus-size women and builds a data moat that grows stronger with each customer interaction. JDCC model HOW More Customers More Data Better Selection & Personalization
  61. 61. We’re proud to play a part in ’s journey.
  62. 62. Could we help you on yours?
  63. 63. THANK YOU.
  64. 64. … But wait.
  65. 65. … But wait. We hope this isn’t over yet.
  66. 66. We want to hear from you.
  67. 67. We want to hear from you. If you’ve read though these 60+ slides and think we’d work well together, please get in touch à
  68. 68. We look forward to hearing your story.

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