People overcomplicate startup fundraising Listen, if you’re a first time founder: Avoid: - Long pitch decks to send out < (15 slides IMO) - Unreasonable financial projections - To much focus on your product/features - Not showing current competition Instead: - Focus on a simple pitch deck that can be skimmed (cause it will) - Reasonable financial projections with assumptions - Focus on the investment opportunity vs product - Show how you are unique vs competition Do this before you send out your pitch deck again. Sent it out from there. Investment is about multiplying money and getting someone to trust that you are the multiplier. Simple yet hard. If you want the exact formula for building up a pitch deck that helped me raise over 4 mio usd. Connect with me and comment PD and I will sent it to you. -MK
Hi Mikkel, I will feel honoured to receive your material. PD
Simple, not easy :) Edit, edit, edit (and shorten) that deck some more.
I built crazy stuff @Airflight
5moBe sure that your company is investable. Fundraising is glorified and in a lot of times you should just bootstrap. 99% of companies should not pursue investment.