Sequoia	
  “deck”	
  framework	
  
Part	
  of	
  Hekovnik	
  Toolbox	
  
@hekovnik	
  /	
  @filipdobranic	
  
h3p://www.sequoiacap.com/ideas	
  
PURPOSE
PROBLEM + SOLUTION
TEAM + PRODUCT + MARKET +
FINANCIALS
Bird-eye view
This	
  is	
  not	
  just	
  a	
  piece	
  of	
  paper	
  
	
  
Elements	
  of	
  sustainable	
  companies	
  
	
  
Clarity	
  of	
  Purpose	
  
Large	
  Markets	
  
Rich	
  Customers	
  
Focus	
  
Pain	
  Killers	
  
	
  
Think	
  Differently	
  
Team	
  DNA	
  
Agility	
  
Frugality	
  
Inferno	
  
1.	
  Company	
  Purpose	
  
•  Define	
  the	
  company/business	
  in	
  a	
  single	
  
declaraNve	
  sentence	
  
•  Vision	
  
•  Mission	
  
•  Values	
  
2.	
  Problem	
  
Describe	
  the	
  pain	
  of	
  the	
  customer	
  (or	
  the	
  
customer’s	
  customer).	
  
Outline	
  how	
  the	
  customer	
  addresses	
  the	
  
issue	
  today.	
  
Explicitly	
  state	
  your	
  value	
  proposiNon!	
  
[fabulousness]	
  
3.	
  SoluHon	
  
•  Demonstrate	
  your	
  company’s	
  value	
  
proposiNon	
  to	
  make	
  the	
  customer’s	
  life	
  
beVer.	
  
•  Show	
  where	
  your	
  product	
  physically	
  sits.	
  
•  Provide	
  use	
  cases.	
  
4.	
  Why	
  Now	
  
•  Set-­‐up	
  the	
  historical	
  evoluNon	
  of	
  your	
  
category.	
  
•  Define	
  recent	
  trends	
  that	
  make	
  your	
  soluNon	
  
possible.	
  
 	
  
5.	
  Market	
  Size	
  
•  IdenNfy/profile	
  the	
  customer	
  you	
  cater	
  to.	
  
•  Calculate	
  the	
  TAM	
  (top	
  down),	
  SAM	
  (boVoms	
  
up)	
  and	
  SOM.	
  
6.	
  CompeHHon	
  
•  List	
  compeNtors	
  
•  List	
  compeNNve	
  advantages	
  
7.	
  Product	
  
•  Product	
  line-­‐up	
  (form	
  factor,	
  funcNonality,	
  
features,	
  architecture,	
  intellectual	
  property).	
  
•  Development	
  roadmap.	
  
8.	
  Business	
  Model	
  
•  Revenue	
  model	
  
•  Pricing	
  
•  Average	
  account	
  size	
  and/or	
  lifeNme	
  value	
  
•  Sales	
  &	
  distribuNon	
  model	
  
•  Customer/pipeline	
  list	
  
•  [awesomeness]	
  
9.	
  Team	
  
•  Founders	
  &	
  Management	
  
•  Board	
  of	
  Directors/Board	
  of	
  Advisors	
  
10.	
  Financials	
  
•  P&L	
  
•  Balance	
  sheet	
  
•  Cash	
  flow	
  
•  CapitalizaNon	
  table	
  
•  The	
  deal	
  
Workshop	
  

Sequoia “deck” framework

  • 1.
    Sequoia  “deck”  framework   Part  of  Hekovnik  Toolbox   @hekovnik  /  @filipdobranic   h3p://www.sequoiacap.com/ideas  
  • 2.
    PURPOSE PROBLEM + SOLUTION TEAM+ PRODUCT + MARKET + FINANCIALS Bird-eye view
  • 3.
    This  is  not  just  a  piece  of  paper     Elements  of  sustainable  companies     Clarity  of  Purpose   Large  Markets   Rich  Customers   Focus   Pain  Killers     Think  Differently   Team  DNA   Agility   Frugality   Inferno  
  • 4.
    1.  Company  Purpose   •  Define  the  company/business  in  a  single   declaraNve  sentence   •  Vision   •  Mission   •  Values  
  • 6.
    2.  Problem   Describe  the  pain  of  the  customer  (or  the   customer’s  customer).   Outline  how  the  customer  addresses  the   issue  today.   Explicitly  state  your  value  proposiNon!   [fabulousness]  
  • 8.
    3.  SoluHon   • Demonstrate  your  company’s  value   proposiNon  to  make  the  customer’s  life   beVer.   •  Show  where  your  product  physically  sits.   •  Provide  use  cases.  
  • 10.
    4.  Why  Now   •  Set-­‐up  the  historical  evoluNon  of  your   category.   •  Define  recent  trends  that  make  your  soluNon   possible.  
  • 11.
  • 12.
    5.  Market  Size   •  IdenNfy/profile  the  customer  you  cater  to.   •  Calculate  the  TAM  (top  down),  SAM  (boVoms   up)  and  SOM.  
  • 14.
    6.  CompeHHon   • List  compeNtors   •  List  compeNNve  advantages  
  • 17.
    7.  Product   • Product  line-­‐up  (form  factor,  funcNonality,   features,  architecture,  intellectual  property).   •  Development  roadmap.  
  • 19.
    8.  Business  Model   •  Revenue  model   •  Pricing   •  Average  account  size  and/or  lifeNme  value   •  Sales  &  distribuNon  model   •  Customer/pipeline  list   •  [awesomeness]  
  • 21.
    9.  Team   • Founders  &  Management   •  Board  of  Directors/Board  of  Advisors  
  • 23.
    10.  Financials   • P&L   •  Balance  sheet   •  Cash  flow   •  CapitalizaNon  table   •  The  deal  
  • 25.