SlideShare a Scribd company logo
How to create an
  early-stage pitch deck.


Ryan Spoon: ryanspoon.com
Polaris Venture Partners: polaris.vc
Dogpatch Labs: dogpatchlabs.com
About Us:
Sample Companies
Intro
-   I’ve seen 1,000s of early stage decks over last 2 yrs
-   Most mistakes are relatively common
-   And most mistakes are easily addressed
-   This is a guide to creating your pitch deck
-   Warning: it’s just one investor’s advice :)

    Two parts to this walkthrough:
      1. Five overarching guidelines
      2. An example structure & flow
Five Themes / Guidelines
1. A Great One-Liner
Think of it as your elevator pitch… in one sentence.
It’s a hybrid of:
    - Your product / vision
    - Your company purpose
    - A starting point for the pitch

Common framework: “We are X for Y”*
*assuming X is attractive and Y is a big enough opportunity!
2. Know Your Audience

Before crafting a pitch deck, understand:
   - Who you are meeting with?
   - What is the investor’s and the firm’s focus?
   - Are there related investments?
   - How much time do you have?

These influence your deck, the discussion and
likely questions you’ll be asked.
3. 10-15 Slides

 The deck is important...
   But the conversation is more important.

 Budget your time accordingly.
   Allow for discussion alongside each slide.

 10-15 slides. Max.
   Will provide suggested structure later in deck
4. Beware the Demo
For early stage companies, it’s all about product.
And the best mark of product is market validation.

Demos are great… but remember these four rules:
  1. Be careful of time.
  2. Don’t get lost in product.
  3. Have backup if (when!) something goes wrong.
  4. Give even weight to product & traction / data.
5. Expect the Deck to be Shared

 Whether you like it or not (!),
 your deck will be shared (i.e. among partnership).

 Goal: be equally compelling with/without voiceover.

 How?
   - deck should tell its own story.
   - do *not* rely on builds, intricate slides.
   - make the file size manageable for email.
   - PDF or secure URL are great alternatives to PPT.
Suggested Structure.
(remember: 10-15 slides)
The Flow

 The Big Idea

    Why you?

      The current problem

      Your solution. Why now?

      Traction & validation

    What’s the future?

 The ask
Remember: 10-15 Slides

 The Big Idea                   1-2 slides


    Why you?                    1 slide

      The current problem       2-4 slide


      Your solution. Why now?   3-5 slides


      Traction & validation     2-4 slides


    What’s the future?          1-2 slide


 The ask                        1 slide
1. Vision
                                                                                    - Expanded company one-liner
         The Big Idea                                                               - The big vision: today & tomorrow




http://www.businessinsider.com/this-is-the-first-pitch-deck-foursquare-   http://www.businessinsider.com/airbnb-a-13-billion-dollar-startups-first-
ever-showed-investors-2011-12?op=1                                        ever-pitch-deck-2011-9#-1
2. The Team
Why are you the right team for the problem?

- Include management team and advisors, investors
- Include bios with key, relevant experience
- Outline division of responsibilities

Think an expanded
AngelList team profile




                                              http://angel.co/visually
3. The Market…
4. The Opportunity
                               - Customer / consumer pains?
 The current problem           - How are they solving today?
                               - How will they solve with you?
  Your solution                - How is it different than market?

                               - Why is solution possible today?
 Why now?                      - Why is it right for today, tomorrow?


      - How big is the market?
      - How big can you be?
      - What value are you creating?
      - Be realistic!
Airbnb: Problem, Solution,
Market Size, Market Potential
Mint: Market size, Landscape,
Product / Market Fit
5. Your Product….
6. Your Traction
You’ve set the stage…
now show off the product and traction / validation:

I want to know:
      - is the product resonating?
      - is it trending in the right direction?
      - engagement, engagement, engagement
         engagement data > user acquisition!
      - What are your KPIs? Goals?
ReadyForZero: Product Traction

Traction can be shown
through
acquisition, usage, rete
ntion, etc.

ReadyForZero showed
user activity as
measure of product
efficacy:

Users pay-off debt 2x
faster than non-users
7. The Future: 12mo & Out
So far, you’ve spent the deck outlining team, product
and success to-date.

Now talk about what’s next…
And how it ties into the big vision and the fundraise.

What are the next 12-24 months of:
     - Product          - People
     - Performance      - Finances
8. The Ask

A pitch deck cannot crescendo without a clear ask
(aka what you are looking for):
   - What size investment are you looking for?
   - How long does it get you?
   - How will you spend it?
   - What are goals before raising the next round?
   - How else can the investor(s) help?

This is commonly overlooked… but easy to create!
Learn more.
Connect with us.


  polaris.vc               dogpatchlabs.com      ryanspoon.com
  @polarisvc               @dogpatchlabs         @ryanspoon
  fb.com/polarisventures   fb.com/dogpatchlabs   fb.com/ryanspoon

More Related Content

What's hot

Raising Seed Capital
Raising Seed CapitalRaising Seed Capital
Raising Seed Capital
Steve Schlafman
 
How to Create an Epic Pitch Deck That’ll Get You Funded
How to Create an Epic Pitch Deck That’ll Get You FundedHow to Create an Epic Pitch Deck That’ll Get You Funded
How to Create an Epic Pitch Deck That’ll Get You Funded
crowdsourcia
 
HubSpot for Startups | Sample Pitch Deck Template
HubSpot for Startups | Sample Pitch Deck TemplateHubSpot for Startups | Sample Pitch Deck Template
HubSpot for Startups | Sample Pitch Deck Template
Kim Walsh
 
Pitch the way VCs think
Pitch the way VCs thinkPitch the way VCs think
Pitch the way VCs think
khoslaventures
 
Seed Stage Pitch Deck Template For Founders
Seed Stage Pitch Deck Template For FoundersSeed Stage Pitch Deck Template For Founders
Seed Stage Pitch Deck Template For Founders
NextView Ventures
 
Investor pitch Deck Template
Investor pitch Deck TemplateInvestor pitch Deck Template
Investor pitch Deck Template
Gustavo Fusaro
 
The Structure of a Pitch Deck for Startups
The Structure of a Pitch Deck for StartupsThe Structure of a Pitch Deck for Startups
The Structure of a Pitch Deck for Startups
Peter Cockcroft
 
The Best Pitch Deck Format To Attract Investors
The Best Pitch Deck Format To Attract InvestorsThe Best Pitch Deck Format To Attract Investors
The Best Pitch Deck Format To Attract Investors
Bryce North
 
Nader sabry - investor pitch deck template
Nader sabry - investor pitch deck templateNader sabry - investor pitch deck template
Nader sabry - investor pitch deck template
Nader Sabry
 
Fundraising-Pitch deck template raising seed capital
Fundraising-Pitch deck template raising seed capitalFundraising-Pitch deck template raising seed capital
Fundraising-Pitch deck template raising seed capital
Rohit Jain
 
The SaaS Founder’s Journey: What Matters at Each Stage
The SaaS Founder’s Journey: What Matters at Each StageThe SaaS Founder’s Journey: What Matters at Each Stage
The SaaS Founder’s Journey: What Matters at Each Stage
David Skok
 
Pitch Deck Templates for Startups
Pitch Deck Templates for StartupsPitch Deck Templates for Startups
Pitch Deck Templates for Startups
NextView Ventures
 
Building the Billion dollar SaaS Unicorn for 2018
Building the Billion dollar SaaS Unicorn for 2018Building the Billion dollar SaaS Unicorn for 2018
Building the Billion dollar SaaS Unicorn for 2018
Kelly Schwedland
 
The 10-Slide Pitch Deck Structure
The 10-Slide Pitch Deck StructureThe 10-Slide Pitch Deck Structure
The 10-Slide Pitch Deck Structure
Ethos3
 
How to develop Startup Pitch Deck
How to develop Startup Pitch DeckHow to develop Startup Pitch Deck
How to develop Startup Pitch Deck
Kashyap Pandya
 
How to Pitch a VC Dave McClure
How to Pitch a VC Dave McClureHow to Pitch a VC Dave McClure
How to Pitch a VC Dave McClureDealmaker Media
 
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
J. Skyler Fernandes
 
The Only 10 Slides You Need in Your Pitch Deck from The Art of the Start 2.0
The Only 10 Slides You Need in Your Pitch Deck from The Art of the Start 2.0The Only 10 Slides You Need in Your Pitch Deck from The Art of the Start 2.0
The Only 10 Slides You Need in Your Pitch Deck from The Art of the Start 2.0
Guy Kawasaki
 
How to Create the Perfect Startup Pitch Deck
How to Create the Perfect Startup Pitch DeckHow to Create the Perfect Startup Pitch Deck
How to Create the Perfect Startup Pitch Deck
Eliott Harfouche
 

What's hot (20)

Raising Seed Capital
Raising Seed CapitalRaising Seed Capital
Raising Seed Capital
 
How to Create an Epic Pitch Deck That’ll Get You Funded
How to Create an Epic Pitch Deck That’ll Get You FundedHow to Create an Epic Pitch Deck That’ll Get You Funded
How to Create an Epic Pitch Deck That’ll Get You Funded
 
HubSpot for Startups | Sample Pitch Deck Template
HubSpot for Startups | Sample Pitch Deck TemplateHubSpot for Startups | Sample Pitch Deck Template
HubSpot for Startups | Sample Pitch Deck Template
 
Pitch the way VCs think
Pitch the way VCs thinkPitch the way VCs think
Pitch the way VCs think
 
Seed Stage Pitch Deck Template For Founders
Seed Stage Pitch Deck Template For FoundersSeed Stage Pitch Deck Template For Founders
Seed Stage Pitch Deck Template For Founders
 
Investor pitch Deck Template
Investor pitch Deck TemplateInvestor pitch Deck Template
Investor pitch Deck Template
 
The Structure of a Pitch Deck for Startups
The Structure of a Pitch Deck for StartupsThe Structure of a Pitch Deck for Startups
The Structure of a Pitch Deck for Startups
 
The Best Pitch Deck Format To Attract Investors
The Best Pitch Deck Format To Attract InvestorsThe Best Pitch Deck Format To Attract Investors
The Best Pitch Deck Format To Attract Investors
 
Nader sabry - investor pitch deck template
Nader sabry - investor pitch deck templateNader sabry - investor pitch deck template
Nader sabry - investor pitch deck template
 
Fundraising-Pitch deck template raising seed capital
Fundraising-Pitch deck template raising seed capitalFundraising-Pitch deck template raising seed capital
Fundraising-Pitch deck template raising seed capital
 
The SaaS Founder’s Journey: What Matters at Each Stage
The SaaS Founder’s Journey: What Matters at Each StageThe SaaS Founder’s Journey: What Matters at Each Stage
The SaaS Founder’s Journey: What Matters at Each Stage
 
Pitch Deck Templates for Startups
Pitch Deck Templates for StartupsPitch Deck Templates for Startups
Pitch Deck Templates for Startups
 
Building the Billion dollar SaaS Unicorn for 2018
Building the Billion dollar SaaS Unicorn for 2018Building the Billion dollar SaaS Unicorn for 2018
Building the Billion dollar SaaS Unicorn for 2018
 
The 10-Slide Pitch Deck Structure
The 10-Slide Pitch Deck StructureThe 10-Slide Pitch Deck Structure
The 10-Slide Pitch Deck Structure
 
How to develop Startup Pitch Deck
How to develop Startup Pitch DeckHow to develop Startup Pitch Deck
How to develop Startup Pitch Deck
 
How to Pitch a VC Dave McClure
How to Pitch a VC Dave McClureHow to Pitch a VC Dave McClure
How to Pitch a VC Dave McClure
 
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
The Best Startup Investor Pitch Deck & How to Present to Angels & Venture Cap...
 
The Only 10 Slides You Need in Your Pitch Deck from The Art of the Start 2.0
The Only 10 Slides You Need in Your Pitch Deck from The Art of the Start 2.0The Only 10 Slides You Need in Your Pitch Deck from The Art of the Start 2.0
The Only 10 Slides You Need in Your Pitch Deck from The Art of the Start 2.0
 
Robinhood
RobinhoodRobinhood
Robinhood
 
How to Create the Perfect Startup Pitch Deck
How to Create the Perfect Startup Pitch DeckHow to Create the Perfect Startup Pitch Deck
How to Create the Perfect Startup Pitch Deck
 

Similar to Seed pitch

How to build a startup new frontiers 2017
How to build a startup  new frontiers 2017How to build a startup  new frontiers 2017
How to build a startup new frontiers 2017
Raomal Perera
 
Building new products - sundar rajan - introduction (part 1)
Building new products - sundar rajan - introduction (part 1)Building new products - sundar rajan - introduction (part 1)
Building new products - sundar rajan - introduction (part 1)
Sundar Rajan
 
Seminar 6 Benchmarking Table - Business Model Canvas - 22 and 25 march 2021
Seminar 6   Benchmarking Table - Business Model Canvas - 22 and 25 march 2021Seminar 6   Benchmarking Table - Business Model Canvas - 22 and 25 march 2021
Seminar 6 Benchmarking Table - Business Model Canvas - 22 and 25 march 2021
Fahri Karakas
 
How to build a startup iCubed 2017
How to build a startup  iCubed 2017How to build a startup  iCubed 2017
How to build a startup iCubed 2017
Raomal Perera
 
Lean Startup @ Université TOTAL 2016
Lean Startup @ Université TOTAL 2016Lean Startup @ Université TOTAL 2016
Lean Startup @ Université TOTAL 2016
Santiago LEFEBVRE
 
Developing your business idea
Developing your business ideaDeveloping your business idea
Developing your business idea
Marc Parham
 
Selling your story
Selling your storySelling your story
Selling your story
Thomas Miller
 
Product Discovery @ Nubank
Product Discovery @ NubankProduct Discovery @ Nubank
Product Discovery @ Nubank
Gustavo Mendes
 
Road to product / market fit
Road to product / market fitRoad to product / market fit
Road to product / market fit
Mikko Seppä
 
The startup elevator pitch
The startup elevator pitchThe startup elevator pitch
The startup elevator pitch
Saar Gur
 
The Elevator Pitch - notes on pitching your business
The Elevator Pitch - notes on pitching your businessThe Elevator Pitch - notes on pitching your business
The Elevator Pitch - notes on pitching your business
Saar Gur
 
Opportunity Recognition
Opportunity RecognitionOpportunity Recognition
Opportunity Recognition
Fábio Póvoa
 
Half Double – An Entrepreneurial Approach to Agile Projects - Implement Consu...
Half Double – An Entrepreneurial Approach to Agile Projects - Implement Consu...Half Double – An Entrepreneurial Approach to Agile Projects - Implement Consu...
Half Double – An Entrepreneurial Approach to Agile Projects - Implement Consu...
Wellingtone
 
Vc pitch-template-v1.0
Vc pitch-template-v1.0Vc pitch-template-v1.0
Vc pitch-template-v1.0kush1uap
 
Vision & Strategy Product Launch Workbook Ipi
Vision & Strategy Product Launch Workbook IpiVision & Strategy Product Launch Workbook Ipi
Vision & Strategy Product Launch Workbook Ipi
InflectionPointInc
 
European Startups -- Raising Funding in Silicon Valley
European Startups -- Raising Funding in Silicon ValleyEuropean Startups -- Raising Funding in Silicon Valley
European Startups -- Raising Funding in Silicon Valley
Peter Szymanski
 
Clark "Understanding Needs & Setting Priorities: Product Discovery"
Clark "Understanding Needs & Setting Priorities: Product Discovery"Clark "Understanding Needs & Setting Priorities: Product Discovery"
Clark "Understanding Needs & Setting Priorities: Product Discovery"
National Information Standards Organization (NISO)
 
Lava conmineminemine final
Lava conmineminemine finalLava conmineminemine final
Lava conmineminemine finalMTorok
 

Similar to Seed pitch (20)

Pitching in Silicon Valley
Pitching in Silicon ValleyPitching in Silicon Valley
Pitching in Silicon Valley
 
How to build a startup new frontiers 2017
How to build a startup  new frontiers 2017How to build a startup  new frontiers 2017
How to build a startup new frontiers 2017
 
Building new products - sundar rajan - introduction (part 1)
Building new products - sundar rajan - introduction (part 1)Building new products - sundar rajan - introduction (part 1)
Building new products - sundar rajan - introduction (part 1)
 
Sw seres
Sw seresSw seres
Sw seres
 
Seminar 6 Benchmarking Table - Business Model Canvas - 22 and 25 march 2021
Seminar 6   Benchmarking Table - Business Model Canvas - 22 and 25 march 2021Seminar 6   Benchmarking Table - Business Model Canvas - 22 and 25 march 2021
Seminar 6 Benchmarking Table - Business Model Canvas - 22 and 25 march 2021
 
How to build a startup iCubed 2017
How to build a startup  iCubed 2017How to build a startup  iCubed 2017
How to build a startup iCubed 2017
 
Lean Startup @ Université TOTAL 2016
Lean Startup @ Université TOTAL 2016Lean Startup @ Université TOTAL 2016
Lean Startup @ Université TOTAL 2016
 
Developing your business idea
Developing your business ideaDeveloping your business idea
Developing your business idea
 
Selling your story
Selling your storySelling your story
Selling your story
 
Product Discovery @ Nubank
Product Discovery @ NubankProduct Discovery @ Nubank
Product Discovery @ Nubank
 
Road to product / market fit
Road to product / market fitRoad to product / market fit
Road to product / market fit
 
The startup elevator pitch
The startup elevator pitchThe startup elevator pitch
The startup elevator pitch
 
The Elevator Pitch - notes on pitching your business
The Elevator Pitch - notes on pitching your businessThe Elevator Pitch - notes on pitching your business
The Elevator Pitch - notes on pitching your business
 
Opportunity Recognition
Opportunity RecognitionOpportunity Recognition
Opportunity Recognition
 
Half Double – An Entrepreneurial Approach to Agile Projects - Implement Consu...
Half Double – An Entrepreneurial Approach to Agile Projects - Implement Consu...Half Double – An Entrepreneurial Approach to Agile Projects - Implement Consu...
Half Double – An Entrepreneurial Approach to Agile Projects - Implement Consu...
 
Vc pitch-template-v1.0
Vc pitch-template-v1.0Vc pitch-template-v1.0
Vc pitch-template-v1.0
 
Vision & Strategy Product Launch Workbook Ipi
Vision & Strategy Product Launch Workbook IpiVision & Strategy Product Launch Workbook Ipi
Vision & Strategy Product Launch Workbook Ipi
 
European Startups -- Raising Funding in Silicon Valley
European Startups -- Raising Funding in Silicon ValleyEuropean Startups -- Raising Funding in Silicon Valley
European Startups -- Raising Funding in Silicon Valley
 
Clark "Understanding Needs & Setting Priorities: Product Discovery"
Clark "Understanding Needs & Setting Priorities: Product Discovery"Clark "Understanding Needs & Setting Priorities: Product Discovery"
Clark "Understanding Needs & Setting Priorities: Product Discovery"
 
Lava conmineminemine final
Lava conmineminemine finalLava conmineminemine final
Lava conmineminemine final
 

Recently uploaded

The Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and SalesThe Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and Sales
Laura Byrne
 
Epistemic Interaction - tuning interfaces to provide information for AI support
Epistemic Interaction - tuning interfaces to provide information for AI supportEpistemic Interaction - tuning interfaces to provide information for AI support
Epistemic Interaction - tuning interfaces to provide information for AI support
Alan Dix
 
"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi
Fwdays
 
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Tobias Schneck
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Inflectra
 
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
BookNet Canada
 
When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...
Elena Simperl
 
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdfFIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance
 
Search and Society: Reimagining Information Access for Radical Futures
Search and Society: Reimagining Information Access for Radical FuturesSearch and Society: Reimagining Information Access for Radical Futures
Search and Society: Reimagining Information Access for Radical Futures
Bhaskar Mitra
 
Knowledge engineering: from people to machines and back
Knowledge engineering: from people to machines and backKnowledge engineering: from people to machines and back
Knowledge engineering: from people to machines and back
Elena Simperl
 
DevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA ConnectDevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA Connect
Kari Kakkonen
 
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Thierry Lestable
 
Connector Corner: Automate dynamic content and events by pushing a button
Connector Corner: Automate dynamic content and events by pushing a buttonConnector Corner: Automate dynamic content and events by pushing a button
Connector Corner: Automate dynamic content and events by pushing a button
DianaGray10
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
Paul Groth
 
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Product School
 
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Product School
 
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptxIOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
Abida Shariff
 
JMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaJMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and Grafana
RTTS
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
OnBoard
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
Prayukth K V
 

Recently uploaded (20)

The Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and SalesThe Art of the Pitch: WordPress Relationships and Sales
The Art of the Pitch: WordPress Relationships and Sales
 
Epistemic Interaction - tuning interfaces to provide information for AI support
Epistemic Interaction - tuning interfaces to provide information for AI supportEpistemic Interaction - tuning interfaces to provide information for AI support
Epistemic Interaction - tuning interfaces to provide information for AI support
 
"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi
 
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
 
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...Transcript: Selling digital books in 2024: Insights from industry leaders - T...
Transcript: Selling digital books in 2024: Insights from industry leaders - T...
 
When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...
 
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdfFIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
 
Search and Society: Reimagining Information Access for Radical Futures
Search and Society: Reimagining Information Access for Radical FuturesSearch and Society: Reimagining Information Access for Radical Futures
Search and Society: Reimagining Information Access for Radical Futures
 
Knowledge engineering: from people to machines and back
Knowledge engineering: from people to machines and backKnowledge engineering: from people to machines and back
Knowledge engineering: from people to machines and back
 
DevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA ConnectDevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA Connect
 
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
Empowering NextGen Mobility via Large Action Model Infrastructure (LAMI): pav...
 
Connector Corner: Automate dynamic content and events by pushing a button
Connector Corner: Automate dynamic content and events by pushing a buttonConnector Corner: Automate dynamic content and events by pushing a button
Connector Corner: Automate dynamic content and events by pushing a button
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
 
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
 
Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...Designing Great Products: The Power of Design and Leadership by Chief Designe...
Designing Great Products: The Power of Design and Leadership by Chief Designe...
 
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptxIOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
 
JMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaJMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and Grafana
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
 

Seed pitch

  • 1. How to create an early-stage pitch deck. Ryan Spoon: ryanspoon.com Polaris Venture Partners: polaris.vc Dogpatch Labs: dogpatchlabs.com
  • 3. Intro - I’ve seen 1,000s of early stage decks over last 2 yrs - Most mistakes are relatively common - And most mistakes are easily addressed - This is a guide to creating your pitch deck - Warning: it’s just one investor’s advice :) Two parts to this walkthrough: 1. Five overarching guidelines 2. An example structure & flow
  • 4. Five Themes / Guidelines
  • 5. 1. A Great One-Liner Think of it as your elevator pitch… in one sentence. It’s a hybrid of: - Your product / vision - Your company purpose - A starting point for the pitch Common framework: “We are X for Y”* *assuming X is attractive and Y is a big enough opportunity!
  • 6. 2. Know Your Audience Before crafting a pitch deck, understand: - Who you are meeting with? - What is the investor’s and the firm’s focus? - Are there related investments? - How much time do you have? These influence your deck, the discussion and likely questions you’ll be asked.
  • 7. 3. 10-15 Slides The deck is important... But the conversation is more important. Budget your time accordingly. Allow for discussion alongside each slide. 10-15 slides. Max. Will provide suggested structure later in deck
  • 8. 4. Beware the Demo For early stage companies, it’s all about product. And the best mark of product is market validation. Demos are great… but remember these four rules: 1. Be careful of time. 2. Don’t get lost in product. 3. Have backup if (when!) something goes wrong. 4. Give even weight to product & traction / data.
  • 9. 5. Expect the Deck to be Shared Whether you like it or not (!), your deck will be shared (i.e. among partnership). Goal: be equally compelling with/without voiceover. How? - deck should tell its own story. - do *not* rely on builds, intricate slides. - make the file size manageable for email. - PDF or secure URL are great alternatives to PPT.
  • 11. The Flow The Big Idea Why you? The current problem Your solution. Why now? Traction & validation What’s the future? The ask
  • 12. Remember: 10-15 Slides The Big Idea 1-2 slides Why you? 1 slide The current problem 2-4 slide Your solution. Why now? 3-5 slides Traction & validation 2-4 slides What’s the future? 1-2 slide The ask 1 slide
  • 13. 1. Vision - Expanded company one-liner The Big Idea - The big vision: today & tomorrow http://www.businessinsider.com/this-is-the-first-pitch-deck-foursquare- http://www.businessinsider.com/airbnb-a-13-billion-dollar-startups-first- ever-showed-investors-2011-12?op=1 ever-pitch-deck-2011-9#-1
  • 14. 2. The Team Why are you the right team for the problem? - Include management team and advisors, investors - Include bios with key, relevant experience - Outline division of responsibilities Think an expanded AngelList team profile http://angel.co/visually
  • 15. 3. The Market… 4. The Opportunity - Customer / consumer pains? The current problem - How are they solving today? - How will they solve with you? Your solution - How is it different than market? - Why is solution possible today? Why now? - Why is it right for today, tomorrow? - How big is the market? - How big can you be? - What value are you creating? - Be realistic!
  • 16. Airbnb: Problem, Solution, Market Size, Market Potential
  • 17. Mint: Market size, Landscape, Product / Market Fit
  • 18. 5. Your Product…. 6. Your Traction You’ve set the stage… now show off the product and traction / validation: I want to know: - is the product resonating? - is it trending in the right direction? - engagement, engagement, engagement engagement data > user acquisition! - What are your KPIs? Goals?
  • 19. ReadyForZero: Product Traction Traction can be shown through acquisition, usage, rete ntion, etc. ReadyForZero showed user activity as measure of product efficacy: Users pay-off debt 2x faster than non-users
  • 20. 7. The Future: 12mo & Out So far, you’ve spent the deck outlining team, product and success to-date. Now talk about what’s next… And how it ties into the big vision and the fundraise. What are the next 12-24 months of: - Product - People - Performance - Finances
  • 21. 8. The Ask A pitch deck cannot crescendo without a clear ask (aka what you are looking for): - What size investment are you looking for? - How long does it get you? - How will you spend it? - What are goals before raising the next round? - How else can the investor(s) help? This is commonly overlooked… but easy to create!
  • 22. Learn more. Connect with us. polaris.vc dogpatchlabs.com ryanspoon.com @polarisvc @dogpatchlabs @ryanspoon fb.com/polarisventures fb.com/dogpatchlabs fb.com/ryanspoon