How to Pitch aVCs
by Dave McClure
10 slide to an
AWESOME
pitch
 ELEVATOR PITCH
 THE PROBLEM
 YOUR SOLUTION
 MARKET SIZE
 BUSINESS MODEL
 PROPRIETARY TECH
 COMPETITION
 MARKETING PLAN
 TEAM
 MONEY /
MILESTONES
CUSTOMERTESTIMONIAL
DEMO :VIDEO / SCREEN SHOTS
THE
ELEVATOR
PITCH
Short, Simple, Memorable
3 KeyWords or Phrases
NO Expert Jargon… Just KISS
THE
PROBLEM
What is the Problem?
“OuchYeah, I have that too…”
Who has it?
PAINKILLER not vitamin
YOUR
SOLUTION
BETTER, DIFFERENCE than
anyone else
NICHE to WIN
TESTIMONIAL
Demo (Video, Screenshots)
MARKETSIZE
BIGGER is BETTER
REPORT is MATTER
Calculate users/ Usage/ Rev$
AvgTxn = $X
Y customer in our market
Avg customer buys Z times per year
Market Size = $X *Y * Z annually
Market growing @100+% per year
BUSINESS
MODEL
TOP 1-3 SOURCE of REVENUE
SIZE & POTENTIAL
DIRECT / Indirect Revenue
PROPRIETARY
TECHNOLOGY
/ EXPERTISE
VCs really like unfair advantages
BIG Market Lead
EXPERIENCETeam
SUPERIORTechnology
COMPETITION
Why you’re better or
difference
List all competitors
If not better or different then
NICHE toWIN
MARKETING
PLAN
How do you get CUSTOMER &
DISTRIBUTION?
PR
Contest
Biz Dev
Direct Marketing
Radio /TV /Print
Telemarketing
Email
SEO / SEM Blog
Viral
VOLUME / COST / CONVERSION
TEAM
Geeks with deep tech experience
Sales / Marketing who bring in
customer $
MONEY,
MILESTONES
How much MONEY?
What will you do with
CAPITAL?
New hires (Build Product)
Marketing & Sales (Get
Customer / $$$)
Opportunities & Infrastructure
(Scale Up)
FINANCING
 RAISED $ 50K Seed round Apr 2014 @ $500k
Valuation
 Launch Product / 7 Insurances / 18% Share of
Market / 200,000Txn by end of 2014
 100K revenue in 3 months
 Seek $ 500k Seed Round @ 2 MValuation
 Meeting 30 otherVCs in Echelon, Geek on the
plane, Dtac Demo Day
 Targeted closing in 1 months after Dtac Demo day
 Use of Proceeds / Product Roadmap / Goals
 200K PromoteApps to Customer
 200K Marketing Campaign
 100K Cloud Infrastructure
 Get to 18% share of market / 1MTxn per year / $2M
Revenue by end of 2016

How to pitch a VCs

  • 1.
    How to PitchaVCs by Dave McClure
  • 2.
    10 slide toan AWESOME pitch  ELEVATOR PITCH  THE PROBLEM  YOUR SOLUTION  MARKET SIZE  BUSINESS MODEL  PROPRIETARY TECH  COMPETITION  MARKETING PLAN  TEAM  MONEY / MILESTONES CUSTOMERTESTIMONIAL DEMO :VIDEO / SCREEN SHOTS
  • 3.
    THE ELEVATOR PITCH Short, Simple, Memorable 3KeyWords or Phrases NO Expert Jargon… Just KISS
  • 4.
    THE PROBLEM What is theProblem? “OuchYeah, I have that too…” Who has it? PAINKILLER not vitamin
  • 5.
    YOUR SOLUTION BETTER, DIFFERENCE than anyoneelse NICHE to WIN TESTIMONIAL Demo (Video, Screenshots)
  • 6.
    MARKETSIZE BIGGER is BETTER REPORTis MATTER Calculate users/ Usage/ Rev$ AvgTxn = $X Y customer in our market Avg customer buys Z times per year Market Size = $X *Y * Z annually Market growing @100+% per year
  • 7.
    BUSINESS MODEL TOP 1-3 SOURCEof REVENUE SIZE & POTENTIAL DIRECT / Indirect Revenue
  • 8.
    PROPRIETARY TECHNOLOGY / EXPERTISE VCs reallylike unfair advantages BIG Market Lead EXPERIENCETeam SUPERIORTechnology
  • 9.
    COMPETITION Why you’re betteror difference List all competitors If not better or different then NICHE toWIN
  • 10.
    MARKETING PLAN How do youget CUSTOMER & DISTRIBUTION? PR Contest Biz Dev Direct Marketing Radio /TV /Print Telemarketing Email SEO / SEM Blog Viral VOLUME / COST / CONVERSION
  • 11.
    TEAM Geeks with deeptech experience Sales / Marketing who bring in customer $
  • 12.
    MONEY, MILESTONES How much MONEY? Whatwill you do with CAPITAL? New hires (Build Product) Marketing & Sales (Get Customer / $$$) Opportunities & Infrastructure (Scale Up)
  • 13.
    FINANCING  RAISED $50K Seed round Apr 2014 @ $500k Valuation  Launch Product / 7 Insurances / 18% Share of Market / 200,000Txn by end of 2014  100K revenue in 3 months  Seek $ 500k Seed Round @ 2 MValuation  Meeting 30 otherVCs in Echelon, Geek on the plane, Dtac Demo Day  Targeted closing in 1 months after Dtac Demo day  Use of Proceeds / Product Roadmap / Goals  200K PromoteApps to Customer  200K Marketing Campaign  100K Cloud Infrastructure  Get to 18% share of market / 1MTxn per year / $2M Revenue by end of 2016