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Go Pitch !!


  @sdaas
Your Goal ….



Convince the big guys why they should
   invest their money in your idea
In Ten Minutes ….
Introductions …
• Introduce yourself and the team
• What’s your credibility ?
  – Establish that you know the domain
  – Establish your expertise
• What’s the key problem you are solving ?
  – Keep it crisp.
• A one sentence description of the solution ..
  – More to come later
Your Journey ….
• Your Initial Hypothesis …
• What you did to prove or disprove this ..
• What your learned …
  – Surprises
  – Unexpected reaction ( or lack thereof )
• How did you refine/pivot based on this ?
The Business Model…
•   Customer Segment
•   Value Proposition
•   Revenue Streams
•   Cost Structure
•   Key Partnerships
•   Key Activities
•   Key Resources
•   Channels
The Demo …
•   Create a script, and stick to it !!!!
•   Keep the demo focused on the CORE
•   Set up Everything in Advance
•   Common Problems
    – Screen resolutions
    – Network Latency
• Prepare a video as a backup
• Practice, Practice, and more Practice …
Make it Stick ….
FOCUS on the CORE
• Find out THE SINGLE most important thing
  – Not 10 points, just ONE.
  – “The Single Customer benefit”


• TurboTax – “Get your Biggest Tax Refund,
  Guaranteed” …
  – Everything ladders up to this CORE statement
STORIES
• Stories help us CONNECT and Visualize
• The Power of Details
  – “Small Business Owner” vs. “Sriram Shanker,
    sitting in his small pharmacy in Bellandur, poring
    over the books with a blue dot-pen”
• Use What’s There …
  – “Anti-Virus for Credit-Card Bills”
CONCRETENESS
• Abstract Truths vs. Concrete Language
• “Put a man on the moon by the end of the
  decade …”
                         Vs.
• “Our mission is to become the international
  leader in aerospace by leveraging innovation
  and strategic initiatives …”
References…
• Made to Stick – Chip Heath and Dan Heath
• http://bangalore.intuit.com/ctof2012/21DayStartup/
• http://steveblank.com/2009/11/05/raising-money-
  with-customer-development/
• Billguard
  • http://www.youtube.com/watch?v=SyfwSxUrqks
  • http://www.youtube.com/watch?v=mGqeoQ1Fas0

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Pitching Your Idea to a VC

  • 1. Go Pitch !! @sdaas
  • 2. Your Goal …. Convince the big guys why they should invest their money in your idea
  • 4. Introductions … • Introduce yourself and the team • What’s your credibility ? – Establish that you know the domain – Establish your expertise • What’s the key problem you are solving ? – Keep it crisp. • A one sentence description of the solution .. – More to come later
  • 5. Your Journey …. • Your Initial Hypothesis … • What you did to prove or disprove this .. • What your learned … – Surprises – Unexpected reaction ( or lack thereof ) • How did you refine/pivot based on this ?
  • 6. The Business Model… • Customer Segment • Value Proposition • Revenue Streams • Cost Structure • Key Partnerships • Key Activities • Key Resources • Channels
  • 7. The Demo … • Create a script, and stick to it !!!! • Keep the demo focused on the CORE • Set up Everything in Advance • Common Problems – Screen resolutions – Network Latency • Prepare a video as a backup • Practice, Practice, and more Practice …
  • 9. FOCUS on the CORE • Find out THE SINGLE most important thing – Not 10 points, just ONE. – “The Single Customer benefit” • TurboTax – “Get your Biggest Tax Refund, Guaranteed” … – Everything ladders up to this CORE statement
  • 10. STORIES • Stories help us CONNECT and Visualize • The Power of Details – “Small Business Owner” vs. “Sriram Shanker, sitting in his small pharmacy in Bellandur, poring over the books with a blue dot-pen” • Use What’s There … – “Anti-Virus for Credit-Card Bills”
  • 11. CONCRETENESS • Abstract Truths vs. Concrete Language • “Put a man on the moon by the end of the decade …” Vs. • “Our mission is to become the international leader in aerospace by leveraging innovation and strategic initiatives …”
  • 12. References… • Made to Stick – Chip Heath and Dan Heath • http://bangalore.intuit.com/ctof2012/21DayStartup/ • http://steveblank.com/2009/11/05/raising-money- with-customer-development/ • Billguard • http://www.youtube.com/watch?v=SyfwSxUrqks • http://www.youtube.com/watch?v=mGqeoQ1Fas0