8min chapter

This Week in Startups cover image

Startup pitch competition: Jason invests $25K | E1819

This Week in Startups

CHAPTER

The Importance of a Simple Business Description

In this chapter, they discuss the importance of being able to explain your business in a simple sentence. They highlight how it reflects the understanding of the business over time and mention the questions they ask founders. They also introduce the $25,000 Friends and Family Check from launch fund and talk about the difference between the two-minute pitch at Founder University and the three-minute pitch at the accelerator.

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