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Startup Space / General

Has anyone built a successful pit deck?

Has anyone built a successful pit deck?

Startup SpaceΒ /Β GeneralΒ Β·Β March 27, 2019 at 12:09am

I'm at a point in my startup where I require investors, therefore, it's time for me to take my startup to the next level by building our first pitch deck. If anyone has experience in this please share, thank you.

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March 27, 2019 at 6:18pm

Where are you with the business? (MVP? Revenue?) What have you validated? (Product/market fit? Acquisition model? etc.) What do you need from investors? (Working capital? Access to customers? Guidance?)

    Thats really valuable questions Matt. Do you mind sharing what project/startup of yours got funded ?

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      March 28, 2019 at 1:43am

      Hey @kinderminder, sure. As far as fundraising - Zaius is the most successful. We raised about 13M before I left, then raised 30M B round last April. Currently fundraising for a crypto firm. Not saying I'm an expert, but happy to share what I've learned.

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        Thats impressive Matt. I am currently seeking funding for Automatio.co

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          if you can introduce to someone or help, let me know

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            April 2, 2019 at 2:29pm

            that is awesome @matttharp ! Do you think that less groundbreaking technologies like a Private clinic management tool could be interesting for the likes of ycombinator? Sure, we're saying that it's going to be a great piece of software but it's nothing unseen. If not where would you knock with something like this? Thanks a lot

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              April 4, 2019 at 8:22pm

              that is awesome @matttharp ! Do you think that less groundbreaking technologies like a Private clinic management tool could be interesting for the likes of ycombinator? Sure, we're saying that it's going to be a great piece of software but it's nothing unseen. If not where would you knock with something like this? Thanks a lot

                I don't feel qualified to speak for all incubators, but from what I've seen they like higher risk/reward scenarios which tend to be more groundbreaking/novel.

                It really depends on where you're at with your business. If you have tapped into a novel approach to customer acquisition, or have found a unique way to convert existing private clinics to your tech - you can leverage this acquisition advantage to raise $. The solution itself doesn't have to be groundbreaking if some other aspect of the business is.

                Would really need to know more to recommend anything.

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                  thanks so much @matttharp I'll continue with the product and I'll get in touch with you for a discussion if you'll have the time. It's too early at this point

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                    April 15, 2019 at 11:41pm

                    @fahimmd Here is a great example of a Series A pitch deck used by Front https://medium.com/@collinmathilde/front-series-a-deck-f2e2775a419b

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                      This is a great model for someone with users and a certain amount of growth, but the bigger picture take-aways are clear:

                      • emphasize metrics to show you are analyzing everything about your business. This is critical, even if it's early and you don't have tons of data.
                      • Show proof - not just ideas. Acquisition channel proof, use of capital, low churn...etc.
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                        Check out her other posts, she provides great insights on their fund raising process.

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                          May 6, 2019 at 6:59am

                          @kinderminder @fahimmd @matttharp Hey guys! Would love to ask a question about building MVP. We all that MVP starts from a few simple feature. What you expect from the MVP? Since it is simple and may be crappy, will it affect our feedback even if the idea works? In other word, at which point you can say "emmm this idea will work"

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                            May 6, 2019 at 10:05am

                            i have problem building MVP πŸ€ͺ, but i think its something which should be enough for someone to make value / save time / make money. And in same time have some return on you, either user feedback or early profit πŸ’°

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                              May 6, 2019 at 3:02pm

                              Yes exactly! At least gaining some info. I have a friend who is going to go YC 2019S. He told me that profit is very very difficult in the early stage

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                                unless your product is hot or you are a coding genius

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                                  @kinderminder Why you have a problem building MVP? I saw your current project (the API one). That is a pretty good idea

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                                    in terms of building it or getting early customers (selling it)

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                                      May 7, 2019 at 12:03am

                                      @kinderminder Why you have a problem building MVP? I saw your current project (the API one). That is a pretty good idea

                                        it's cause i like to explore and do more projects at once, and sometimes we build some prototype which have more features then its need for MVP, which are untested and not ready for public or at least mass usage

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                                          I said i have problem with MVP, cause I always want more. Same in life, if I need to run one circle, i will run two ... idk why, probably have built in hardwork, which doesn't end smart always

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