Never express your ‘use of funds’ slide as percentages | TechCrunch
When investors look at a startup slide deck, they are looking for something very specific. Yes, they want to know if the team is great and the market is huge and the problem is worth solving and the solution makes sense. Of course. But another thing they are looking for is whether the founders understand the journey they are on. If you step on the VC treadmill, you’re signing up for rapid, explosive growth. You have to: If you don’t, you don’t fit into the models of how VC works. And that’s OK — not every company is suitable for VC funding. The other truth is that your funding amount includes a very literal deadline: If you run out of money, that’s the end of your company. So, before you run out of money, one of three things needs to happen: An error occurred with this part of the page, sorry for the inconvenience. For early-stage companies, the first two options are off the table, which means you need to paint a compelling picture for another round of funding. That’s where startups of
Never express your ‘use of funds’ slide as percentages | TechCrunch Image Credits: Haje Kamps (opens in a new window) / TechCrunch+ (opens in a new window) Startups Never express your ‘use of funds’ slide as percentages Haje Jan Kamps 9:00 AM PDT · August 27, 2023 When investors look at a startup slide deck, they are looking for something very specific. Yes, they want to know if the team is great and the market is huge and the problem is worth solving and the solution makes sense. Of course. But another thing they are looking for is whether the founders understand the journey they are on. If y
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