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Startup pitch competition: Jason invests $25K | E1819
This Week in Startups
Pitch to investors
4min Snip
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The main goal of a pitch is to initiate further conversation. It is important to focus on the solution rather than spending too much time on the problem. The pitch should visually demonstrate the solution and bring it to life. It is also essential to highlight traction and the team. Additionally, investors are interested in venture scale businesses, so discussing the go-to-market strategy and total addressable market (TAM) is crucial. If time is limited, prioritize discussing the solution, team, and traction. The brief exchange between the speaker and the listener emphasizes the importance of believing in the founding team, the problem they are solving, and the proposed business model. Different investors have varying preferences for pitch length and format. However, it is always worth it to engage in another conversation if there is perceived potential. The speaker also mentions the importance of concisely explaining the business model and the potential pitfalls of an unrealistic or unsustainable model.
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