Are you at that point where you are asking yourself how to go from corporate to entrepreneur? There are many compelling reasons to make the switch from corporate to entrepreneurship today. In the wake of economic downturns or potential unemployment, many wake up to the fact that they can not rely on even the biggest and oldest companies for a bulletproof salary, benefits package, or retirement plans. Others have just been compelled to step up and serve the world and its new needs. Whatever your reasons for the shift, these tips will help you get the most out of it.
Gangesh Ganesan has experienced plenty on his entrepreneurial journey of building and selling companies. He has sold tech businesses to some of the biggest entities, raised tens of millions of dollars in startup funding, exited one venture to Twitter in just 18 months, and has found new applications for blockchain in the fintech space and beyond.In this episode of the DealMakers Podcast, he talks about his experiences, what he’d do differently and the best moves for startup fundraising when the world is falling apart.
Are you asking yourself how to prepare for investor meetings? Do you want to make the best impression during an investor meeting so that you can land a check to continue scaling up your business? It’s easy to have a great business idea and still fail to secure investment. Much of that is down to preparation. If you prepare well for an investor meeting, you need to maximize your chances of getting the investment you need.In this article, I’m going to share some of the advice I give to entrepreneurs on Inner Circle, which is the ultimate fundraising training where we help founders from A to Z with everything related to fundraising. There are essentially five things you should do to prepare for an investor meeting, so let’s look at these now in more detail and get you ready for that critical moment.
As a young teenager, Steve White had noble ideas about what it meant to be in politics and law. He’s now fighting for the legal cannabis industry and has raised hundreds of millions of dollars to create one of the largest companies in this space in the world. A lawyer turned founder, Steve White shared his journey into one of the fastest-growing industries during our interview on the Dealmakers Show. Plus, the challenges you’ll face going into any new emerging and controversial industry, how they do fundraising and financing, and the one big mistake they’ve now corrected.
Are you at that point when you are wondering how to pick the right partner at a venture capital firm? The individual partner you elect to work with can be far more impactful than anything else when it comes to raising and accepting capital from VC firms. Here’s why, and the questions you should be asking to be confident you are making a great choice.
Adam Jiwan has been a successful entrepreneur since he was a teenager. At his most recent company, Spring Labs, he has raised nearly $40 million to change the way companies store, exchange, and monetize data. By leveraging a decentralized network that allows financial institutions to exchange information directly and securely, Spring Labs will reduce fraud, limit data breaches, and finally allow consumers to have control over their personal data. Adam started his first company when he was only 13, and began investing in the stock market the same year. Adam credits his incredible track record over the decades in large part on his approach to building businesses and teams. In our exclusive interview on the DealMakers podcast, he shares his unconventional approach to entrepreneurship and growing companies, as well as his philosophy on company culture and recruiting.
Craig Unger started out living in a humble NYC garage turned apartment. He has since worked with Bill Gates and Satya Nadella. He has raised millions of dollars to build two startups. One already sold for over $50 million. In our interview on the Dealmakers Podcast, Unger shared the full cycle journey from finding ideas and cofounders to raising funds, building a company and exiting. We talked about the lessons he’s learned, and what you need to be successful as an entrepreneur.
Are you at the stage where you are wondering how to choose an investor for your business? While it can be tempting to rush to blast your pitch deck to as many money sources as possible, and scrape in any capital you can find from anyone, carefully selecting investors is actually one of the most important cornerstones of launching and developing a successful startup.
Pierre-François Thaler has been helping increase sustainability throughout our business ecosystem. He has built a sizable venture of his own in the process. During our exclusive interview on the Dealmakers podcast, he shared how he got into entrepreneurship, what he learned from his early adventures in business, and his unique approaches to structuring them. Plus, how to manage company culture in the new environment we are living and working in, and some of the differences in launching a startup in Europe versus the US.
Are you wondering how to transition from employee to business owner? If so, how do you do it?Moving from being an employee to a business owner used to be a big decision. At least it used to be harder to make when the overwhelming status quo and wisdom on achieving financial security was to go off to a good college and work in a big company or for the government in a steady, salary paying job. It is still going to take some courage and a mindset shift for some, but it is more attractive than ever. Here’s how to make the transition…
He Took His First Company Public In His 20s, Sold It For $300 Million, And Just Raised $120 Million For His Next Startup
Michael Katz has been one of the youngest CEOs on the NASDAQ, and clearly quite adept at raising funding and building companies. During our time on the Dealmakers Podcast Michael was generous enough to share how he got started, how he built and sold his first company with his brother in his early 20s, and the company he has raised millions for. Plus, company culture and how to keep growing as a leader in times of economic uncertainty.
Josh Genderson is one of the godfathers of today’s booming cannabis business. His company is now valued at significantly more than $500M. We got together for an episode of the DealMakers podcast. He shared his journey into legal weed, the process of scaling a massive nationwide company, and some of the secrets to building a highly successful venture.
Are you at the point where you are thinking about how to figure out how much capital to raise? Knowing how much you need and should ask for in a fundraising round is a critical part of being a founder. There is both art and science to it. Though go too far off base...
Roman Rittweger has raised $100M for his second startup and is disrupting how healthcare is delivered. This is a founder who has taken a startup full cycle and is now on his second big adventure. During our time on the DealMakers Podcast, Roman shared how he found his sweet spot in business, the differences between starting a company in your 20s vs 50s, the importance of having alternatives and enough capital for the journey, as well as what he has found the most important catalyst for scaling a successful company.
Winning at startup fundraising is all about building relationships with investors. How do you do it? In fact, building relationships with a variety of investors won’t just pave the way to winning in round after round of raising funds, it will open the doors to a great exit and resources, and will make navigating every day business easier. Especially when it comes to working with your board.
Deidre Paknad has raised tens of millions of dollars for her ventures. Today, her flourishing startup is helping large organizations get more done, and scale others to their own IPOs. In our interview on the DealMakers Podcast, Deidre shared the challenges of startup fundraising, how to turn around a company, what it’s like being a woman CEO today, the ingredients of a successful entrepreneur, and startup ideas that beautifully come together like peanut butter and chocolate.
What should you do now to ensure your startup can survive and thrive during the coronavirus pandemic, and its aftermath? It is very clear that the outbreak of the COVID-19 virus is serious. It is already delivering an impact more significant than we’ve seen in hundreds of years. We’ve barely seen the tip of the iceberg of what could happen. The time to act is now.
Charlie Bachtell has raised millions of dollars and took his cannabis company public as a leader in one of the fastest-growing consumer good spaces. In our recent episode of the Dealmakers Podcast, he shared the early role models that lead him into entrepreneurship, the challenges that prepared him for identifying great business opportunities and managing growth in challenging times. As well as what it takes to be an entrepreneur, create an industry leader and his most important tips for new founders.
Tom Livne’s latest startup has raised tens of millions of dollars to transform the world of transcriptions. From the rise of podcasts to the legal industry, medical, education, media and academics and journalism it is obvious that transcriptions are becoming more important and are growing in volume. If you’ve ever tried to get something transcribed, you already know the challenges. On one hand, you have AI and automated transcriptions that can churn out pretty raw and awkward text. Often too raw to be published online without tanking your credibility.
Ryan Disraeli has raised tens of millions of dollars and exited for over $230M. Yet, he ultimately found his business home in an unexpected place for an entrepreneur. During his recent guest appearance on the DealMakers podcast, Ryan Disraeli shared his journey into entrepreneurship at a young age, the fun of bootstrapping and raising millions, the process of having your company acquired, and what you do next.
Pro-rata rights are given to investors and describe investment rights during future fundraising rounds. Because they impact how founders can later raise capital, it’s critical that entrepreneurs and investors both understand how pro-rata rights work. In this article, I’m going to explore exactly what pro-rata rights are, how they work, and what entrepreneurs and investors need to know in order to get the most out of them.
David Richards is a true serial entrepreneur. He has raised well over $100M for his companies. He’s faced his fair amount of challenges on the way. Yet, he has consistently found alternative methods to create solutions and come out on top. In our recent episode of the Dealmakers Show David generously shared his passion for starting and building companies, his unique approaches to getting funding, overcoming being fired from his own startup, and investing in others.
Business plan vs. pitch deck? Which should you be focusing on first as a startup founder? For decades entrepreneurs and business owners believed they needed to focus on building a comprehensive business plan. All before taking real action. There were good reasons for that. More recently, many entrepreneurs have gone almost exclusively with pitch decks in place of a traditional business plan. Which of these two approaches is best? Does it depend on the type of business you are starting or if you plan any fundraising efforts? Is a hybrid approach the wisest move? Or should you stay intensely focused on one before the other?
Brothers Jonathan and Robert Sadow chose to leave behind steady careers at Google and Bain, respectively, to launch their own startup. Their venture Scoop, the largest commute solution in the United States, has already raised more than $100M. By addressing a key pain point for businesses and employees alike, Scoop solves for the third-largest driver of voluntary attrition: the commute. Through convenient and enjoyable carpooling, Scoop helps make employees happier, healthier, and more productive in their day-to-day lives. I recently hosted these two cofounder brothers on the Dealmakers Show. They shared how they brought themselves to leap into entrepreneurship, navigating the rollercoaster of startup life, what they learned at some of today’s top companies, how they raised millions in capital, and a new way to look at success.
What are the best approaches for communicating with investors as a startup founder and entrepreneur? Communicating with investors is one of the most important parts of being an entrepreneur, startup founder and CEO. It is one of the chief roles you are tasked with. One that few, if anyone else can do for you all the time. It will make all the difference in funding, the terms of investments, survival, growth, the outcomes of an exit, the ability to achieve the mission, and what is possible next. So, how do you do it well? The 8 Stages of Communicating With Investors
Mark Sears and his teams are empowering the the world’s most innovative startups by helping them get the most out of their data. After dropping out of college to work in tech, Sears found his travels took him around the world. What started out as a lifestyle business has turned into a hyper growth startup with real scale. They’ve already raised at least $70M. On our recent episode of the Dealmakers Podcast Mark shared how he fell in love with computers, how he wound up starting a company on the other side of the world, some of the crises which have strengthened their company culture and his magic formula for startup success.
Are you wondering what you don‘t want to include too much text in a pitch deck? You want to convey all the great stuff about your startup when pitching angel investors, but too much text in your pitch deck can kill your chances of getting funded. This might sound like a small detail. Yet, it continues to be one of the most common mistakes that entrepreneurs make. It is a huge pet peeve of professional investors and VCs.Here’s why you may not be getting funded, and how less text might get you more money, on better terms.
He Was Forced To Close Down His First Business And Now Raised $65 Million To Prepare Marketing Data For Better Reporting
Fredrik Skantze is a serial entrepreneur on a mission. He believes business intelligence and its adjacent markets could be 10 times bigger if business people had access to better tools and could make better use of their data without having to rely on technical teams and analysts. So, he’s building the foundation and solutions to make that a reality. In his guest appearance on the DealMakers podcast, Skantze broke down the good, the bad, and the ugly of entrepreneurship. We talked about failures and mistakes which don’t usually get shared with new aspiring entrepreneurs. As well as how to be successful in scaling and fundraising.
As a start-up founder, you have a number of potential equity deals available to you when negotiating with investors. Two of these are the SAFE note and convertible note. Both have much in common, but they also have their specific advantages and disadvantages. In this article, I’m going to explore exactly what a SAFE note and a convertible note is, how they differ, and what sort of advantages they hold over each other.
Idriss Al Rifai is helping us leap into a future where eCommerce businesses can serve everyone, and everyone can benefit from online shopping from their phones. His startup is well on the way to connecting four billion people who have been left sidelined by big industry incumbents and the old status quo. We got together for an episode of the Dealmakers Podcast. Al Rifai shared with our listeners how his time in the special forces prepared him for founding a startup, his thoughts on who to hire first, what the future of eCommerce looks like, and what’s different about launching a business in Dubai versus the USA.
There are many ways to fund a startup business. Since their inception in 2005, startup accelerator programs have become one of these options for entrepreneurs. Like any funding strategy, startup accelerators will be the perfect fit for some businesses, but not for others. How do you know when a startup accelerator is the best option for your business? In this ultimate guide to startup accelerators for entrepreneurs, I’m going to take you through the startup accelerator process so that you can best answer that question.
Jack Smith has believed in the ability to create your own destiny from a very young age. He has rolled that into raising $25 million for his own startup, helping others raise even more, and going through the full cycle to being an investor himself. We recently got together for an episode of the Dealmakers podcast. He shared his creative fundraising hacks, persistence, who he thinks makes the best startup hires, how to find product-market fit, what makes a fundable startup, and more.
Jason Tan’s startup is on a mission to help everyone trust the internet. He’s already raised $106M from some incredible investors. During our interview on the Dealmakers Podcast Jason shared his entrepreneurial journey of fundraising, building and scaling companies, managing teams, mental health for founders and overcoming the dark and depressing days.
Fully diluted shares are a measure of how many shares a company has at its disposal. This measurement is used to determine how much a business is worth. To calculate this, you need to know how many convertible securities a company has. Then, calculate how many shares would be created if these securities were converted into common stock. This is the first step in calculating the company value.
His First Business Was Acquired By Citrix, His Second By Dell, And Now Raised $50 Million For His Next Startup
Murli Thirumale has built and sold two startups and is no on his third. His formulas for success seem to have provided him a system for replicating this success at the highest levels. Together we recently hosted an episode of the Dealmakers Podcast where Murli Thirumale shared his journey, his models for proving product-market fit, how to raise startup funding, and his top tips for new founders.
What must your pitch deck answer in order for your startup to get funded? If the survival and ability to grow your startup depends on getting funds in, know that getting funded can all ride on your pitch deck. So, aside from the slide titles and number of slides, what must you convey an answer for potential investors to get from that first connection to money in the bank? You can bet investors have a lot of questions. If you leave the most important ones unanswered in your deck and presentation, you are already giving them a reason to move onto the next pitch. At a minimum, it puts the ball in their court and is going to make it a lot harder to convince them and come back from.
Brenden Millstein has already raised $133.5M for his climate change startup. They are just getting started and have lots of room to grow. In our recent interview on the Dealmakers Show Brenden shared how he got started, all the data they’ve been collecting, what the future looks like, and surviving the trying days of being a startup founder.
Seed round investment is the critical funding round for many startups. Without it, the foundation of a business cannot be created, making it more difficult to raise capital during subsequent investment rounds. The key question then is: How do you raise funds during a seed round? To answer this question, I’m going to explore what a seed round is, why it is important to startup founders, and the steps you should take to maximize your chances of securing seed round capital.
SAFE notes are a form of convertible security. They are used as a legally binding promise that, at a later date, an investor will be given the opportunity to buy shares at an agreed price. SAFE notes were developed in 2013 by the Silicon Valley accelerator, Y Combinator. As such, they are a relatively new option for investors and startup founders. However, they have become increasingly popular as a simple way to structure an investment for equity deal, especially during seed rounds.
Andrew Collins has raised tens of millions of dollars for his startup. One which tackles two of today’s most pressing problems in our big cities, and is doing it both on and offline. Andrew and I recently recorded a new episode of the Dealmakers Podcast together. He shared his journey and learnings about building a hyper growth company. Plus what inspired his co-living startup.
What are the successful strategies for negotiation that an entrepreneur could apply to their startup business? Negotiation can be everything for startup founders. Virtually everything you do is going to involve some negotiation. Learning a few classic negotiation strategies, and some more advanced and current tactics and approaches can make all the difference in getting launched, staying alive, and continuing to thrive. It will directly impact how you feel about all the time and energy you’ve invested when you exit and it’s over.
Will Glaser knows a few things about building and scaling companies and solving hard problems. You might even consider him the godfather of digital music. Soon, you’ll probably be using his technology every day if you aren’t already. Will and I recently recorded a new episode of the DealMakers podcast together. We talked about emerging technologies, fundraising for startups, patents, and new ways to think about selecting and pitching investors.
Your startup’s business model is essentially the way your business will generate income. This is often confused with business strategy, but both are subtly different from each other. In this article, I’m going to outline exactly what a business model is, along with examples of successful business models, and why a business model should be treated as separate from your business strategy.
This Entrepreneur Raised $100 Million To Build The First End-To-End Automated Software Delivery System
Sacha Labourey’s startup has raised at least $100M to help developers go full cycle fast, and have a real impact. He has enjoyed being a part of the full cycle of successful startups himself. He sees a future where we are even more reliant on the cloud and where developers can better measure and demonstrate the meaningful business impact they are delivering. Sacha and I recently got together to record an episode of the Dealmakers Podcast. We talked M&A deals, integrating companies, fundraising, the future of tech and business, and what he’s learned on his journey.
Derrick Fung has raised tens of millions of dollars for his second startup. He’s been the full cycle and knows how to build, scale and finance new ventures. We recently got together for an episode of the Dealmakers Show. Derrick shared the journey of his latest company, how finding and securing product-market fit has changed, the secrets to fundraising and how capital markets are evolving. As well as the next big shift in fintech and eCommerce.
Are you wondering how to title your pitch deck?
The title of your pitch deck is the first-moment potential investors get to see anything from your pitch. You have to make that moment count. A badly designed pitch deck title can immediately put investors on the wrong footing. In fact, it can completely derail your pitch.
His First Business Failed, Then He Sold His Second To Apple, And Just Sold His Third One To Rakuten For Millions
Jaron Waldman knows a thing or two about building startups. He has launched and scaled at least two ventures which have been acquired by some of the biggest giants that have ever existed. Jaron and I recorded an episode of the Dealmakers Show together. He told our audience about his experiences launching and growing companies. He shared insights on going full circle, learnings from working inside these enviable acquirers, the pitfalls to watch out for, and the pros and cons of both bootstrapping and raising VC money.
Female tech startup founder Yinglian Xie has raised millions of dollars for her global security startup to make it safer to do business online. Yinglian recently joined me for a special episode of the DealMakers Podcast. Our audience learned a lot about making the leap into entrepreneurship, and the full cycle of bringing your business to the US, and then expanding to raise money overseas and grow on a global scale.
The ideal pitch deck is the one catered to your audience. You need your pitch deck to convey why you are a great option for investment in a concise, powerful way that resonates with potential investors. But there’s much more to it than that! Today, I’m going to explore the elements that go into the ideal pitch deck. This will help you secure the investment your startup deserves.
Why a pitch deck? Pitch decks almost seem an obvious first step in launching a startup today. Still, it’s worth pausing and considering what it is really for. What are the various uses of a pitch deck? What should be included?
On August 5, 2017, the skies above New Orleans opened and dumped almost a foot of rain on the city in just a couple of hours. The streets flooded. More than 100,000 people were evacuated. A million people suffered property damage. That wasn’t even Hurricane Katrina. It was just a random rainstorm sweeping through the region. New Orleans relies on eight vital pumps to move water from the streets back to the ocean. On that day, four pumps were down for scheduled maintenance. Two others stopped working during that rainstorm. The failure of just those two pumps caused those 100,000 people to lose their homes and belongings. Fortunately, if Saar Yoskovitz’s vision is realized, that will never happen again. Saar and his cofounder have already raised $60M to save us from critical machine breakdowns.
Mitchell Kahn knows about building and scaling companies. His most recent startup raised over $220 million and was recently acquired for $875 million.Mitchell and I got together for an episode of the DealMakers Podcast. He shared with our listeners how he got started as an entrepreneur, what he’s learned about funding and capital, growing a business, plus the serious business of recreational cannabis.
How much does it cost to develop a pitch deck? The pitch deck is one of the most important tools you’ll have to bring your great business idea and big vision to life. So, can you DIY code it yourself for free? Or do you need to budget tens of thousands of dollars for one to be designed professionally?
What are the most important items to include in a pitch deck? Your pitch deck won’t just make or break your chances of getting funded in this round. It can make all the difference in whether your startup gets the chance to launch and survive. Everything else hinges on your deck. You can introduce yourself and talk a good game, only to completely lose credibility and interest when you unveil your deck. Or you can have a fantastic spiel, but never get the chance to speak and show your product if you deck isn’t up to scratch.
Peter Reinhardt’s startup has now raised $300M to manage your data and analytics better. That doesn’t mean the journey was easy. It took failing forward, a lot of perseverance, flexibility and learning. Find out how he did it…
What are the pros and cons for starting a business with family? Starting a business with your family members and friends can be exciting and full of advantages. It can also bring extra stress and potential problems down the road. Is it for you? Keep reading to find out the real perks and disadvantages and why you should and shouldn’t do it.
Founder Eran Kirzner has raised tens of millions of dollars for his latest venture. Kirzner is a true pioneer in the communications, computing, and data storage space. He has worked at the highest levels of the industry and has gone at it himself with his own adventures. He joined me for an episode of the DealMakers Podcast. We talked about building proprietary technology, curating the best teams, going to market with your product, and strategically choosing investors to fund your enterprise.
What are the pros and cons of angel investors? Angel investors have come to be a very big part of the startup ecosystem. They can be highly desirable connections for startup entrepreneurs seeking funding. Many hyper-successful entrepreneurs end up becoming angel investors themselves. However, before you go rushing in to create a pitch deck for them, stalk them and ask for money for your startup business, it’s smart to know what the pros and cons of angel investors are.
Minnie Ingersoll has lived the full cycle of being an entrepreneur. She has gone from working on incredible tech rocket ships to founding her own startup and graduating to being an active investor in other startups. Ex-Googler and used car dealer, Minnie has done a lot. It was a great privilege to host her on the DealMakers Podcast. During this interview, she shared how she got started and raised millions of dollars, her top advice for new entrepreneurs, and what she looks for when being pitched by those looking for funding. Plus, what you should be spending 30% of your time on as a leader.
What if someone steals your pitch deck? How do you prevent it? What can you do if they steal itYou’ve put a lot of passion into your new business idea, bringing together the perfect team, and commissioning an amazing pitch deck that could raise millions of dollars. The last thing you want is for someone to just steal your idea and deck, and then squeeze you out by mastering startup fundraising and running with your idea without you. It’s a concern many new entrepreneurs have. Is it really warranted? What best practices do you need to know?
Are you wondering what are the pros and cons of crowdfunding? Crowdfunding can be a fantastic way to raise significant sums of money to get your startup business off the ground and to the next level. There are also some downsides which many first-timers overlook. Know the pros and cons and make an educated choice before you rush in or dismiss this as a fundraising option.
Gero Decker’s Berlin-based startup has raised $200M to help businesses collaborate better and be ready for the future. When it came time to raise, Gero’s startup had over a dozen term sheets on the table to choose from. We got together for a recent episode of the Dealmakers Show. He told our audience the differences between the startup ecosystems in Europe and the United States. Plus, how to pick the best investors and what he’s learned on the journey as an entrepreneur.
Are you ready to seize all the fantastic advantages of becoming an entrepreneur? Being an entrepreneur is seriously underrated. There are far more benefits than you might think. Some of the best are also the most overlooked. If you’ve been debating the pros and cons of entrepreneurship and starting your own company, check out these advantages, and you’ll want to quit your job before you finish reading this post.
He Sold His First Business To Microsoft At 15 And Now Raised $50 Million To Keep Companies Safe From Cyber Crimes
Joshua Motta has been a leader in tech since he was a teenager. His latest venture has already raised $50M to protect other companies from the growing and ever more severe threat of cyber attacks. This founder has been at the head of at least two incredibly fast-growing startups. With his experience, there are few who probably come close to this level of expertise at the cross-section of tech and business.
What are the next steps when you have a great business idea? You’ve had one of those lightbulb moments and are excited about a new business idea. How do you validate the idea as a viable business? How do you get it going?
The correct order for a pitch deck can be broken down into 10 stages. They are Problem, Solution, Market, Product, Traction, Team, Financials, Investment Amount, and Appendix. This order ensures that each slide leads logically into the next and builds a persuasive case for investment.In this article, I’m going to explore why this order is important and how you can use this structure to create the best possible pitch deck for your business.
To present a business strategy in a pitch deck effectively, you have to break it down into its simplest elements and then convey those elements in a powerful way. An entrepreneur only has a few minutes to deliver their pitch, so there is no room for in-depth information. In this article, I’m going to outline how to be both concise and effective when presenting your business strategy to investors.
His Previous Business Is Worth $4.2 Billion And His Latest Startup Just Reached $1.2 Billion Valuation
Mike Cagney led one of his startups to raise the first billion-dollar round in fintech. He’s not done raising or building companies yet either. Mike recently joined me for an episode of the DealMakers podcast. During the interview, we talked about why to go back to school even after you’ve started and sold a business of your own, why you might actually want a lower valuation and the most important things to know when starting your own company.
What do you need besides a pitch deck to launch and fund a successful startup? A great pitch deck may be the most crucial tool in effectively launching, building and financing a startup business. Yet, it is not the only thing you need. Here are some of the other assets you want to have lined up as a founder to ensure your venture has the wings to fly and legs to get funded.
What is cash flow and why it is important? Is the hype overblown? If you want it, what are some of the best practices for securing it and making sure your startup business doesn’t run out of it?
Sending a pitch deck to VC investors differs from presenting your pitch deck in person. As your pitch is going to be read rather than watched, you must convert it into an Investor Deck first. This is the format you should use to send a pitch deck to potential investors.In this article, I’m going to outline exactly what you should consider when sending a pitch deck to VC investors, why the process is different from others, and how to convert your pitch deck to an investor deck effectively.
Wondering what to include in the traction slide of a pitch deck? The traction slide of a pitch deck should present information about how your product or service is already showing its value. This can include current sales, growth, valuable partnerships, endorsements, pre-orders, or data from a pilot study outlining current consumer interest. In this article, I’m going to unpack these aspects of the traction slide of a pitch deck. I’ll take you through each of these elements, how to present them, and why you should spend some time considering exactly what to include in your traction slide.
Oisin Hanrahan’s last startup raised $100 million to make your daily life a lot easier. Over the years he has started, built and sold multiple ventures. In our exclusive interview on the DealMakers Podcast, he opened up and shared the keys to getting started, how to navigate funding rounds, and finding a great exit.
How do you find a profitable niche for your business? What will ensure your startup success?Not even Google can be everything to everyone. They certainly didn’t even start out in maps, autonomous vehicles, drone delivery, video, or online pay per click ads. They started with a niche, gained a profitable foothold in the world and built a massive enterprise on top of that.
Rachel Drori knows what it takes to make big brands work, create experiences and keep yourself running in great health. She rolled all of this experience into a startup of her own. One which has raised tens of millions of dollars to make it easier to take good care of yourself, even when you are crazy busy. Drori recently appeared on the Dealmakers podcast. We got to talk about fundraising as a female founder, what it means to be a customer-centric business, lessons learned on the entrepreneurial journey and trusting your instincts.
There are many, many ways to fund a startup today. Which are the most reliable? Which are best for your venture. Starting a business requires money to be invested in it. It just does. It doesn’t always have to be a lot, but there will be expenses. Plenty of fantastic startup successes have been launched on less than $10,000. Some for less than $1,000. Others have raised millions in capital before they even really started.
Aman Narang’s startup Toast has raised $400 million in funding to disrupt the bar and restaurant industry. Aman has that entrepreneurial spirit that has enabled him to constantly embrace new settings and challenges. The next time you are ordering coffee while coding your new app, celebrating closing a fundraising round with your cofounders, or are out to dinner with your investors and advisors, there’s a good chance your experience will be driven by his technology.
Are you wondering how to start a business in a few hours? Some people spend months or years cultivating a business idea, planning, and getting to market. That has worked out tremendously well for a few founders. It has cost far more would-be entrepreneurs everything when putting together that initial business plan.
Paul Hedrick turned a college rejection into a hot startup that is disrupting one of America’s oldest industries. After a stint in corporate America, with one of the most enviable consulting firms, Hedrick went out on his own and finally got to do something he really loved. Investors even gave him $34M to do it.
He Went From Managing 10,000 Employees To Raising $200 Million To Help Drive The Future Of Manufacturing
Amar Hanspal is one of the pioneering entrepreneurs of what’s next in technology and manufacturing. In fact, he’s been instrumental in creating the DNA of many of the products we have today. Amar and I recently recorded a truly insightful episode of the Dealmakers Podcast together. He shared how he got started, the lessons learned when a startup doesn’t turn out how you expected, the $17M MBA, and how he struck on the idea for building Bright Machines.
Need to shave some business costs to make your new startup idea viable or keep your current venture afloat? Check out these ways to slash the burden and be more profitable. Starting a business doesn’t have to be as expensive as you imagine. If you are already in business and need to grind it out until a new fundraising round comes through or you get paid on invoices, here are some of the ways you can do that, and keep on working smarter in the future.
Want to start your own eCommerce business? Ecommerce businesses have massive potential. They are one of the easiest businesses to start. They can be a lot of fun too. So, if you’ve got a burning online business idea, how do you get started? What are your next steps?
Are you in the fundraising process and wondering what are the pros and cons of venture capital? Can there really be any downsides of raising large amounts of venture capital? Landing big-name VCs and their tens of millions of dollars in funding for your startup is the holy grail for many entrepreneurs. There are clearly significant advantages of going this route. Yet, for every pro, there can be a con. What’s important is knowing what they are, and balancing that in your business.
A pitch deck should be no longer than 20 slides in length. Ideally, you should be as concise as possible. 10 slides is even better, as long as you aren’t overcrowding your pitch deck. Less than 10 slides would tend to suggest that your pitch is underdeveloped. With that answer out of the way, you might think you know everything you need to know about pitch decks and their length. However, the only way you can make a pitch deck the right length is to understand what goes into making an effective one.
Are you wondering how to show the financials in a pitch deck? Your pitch deck needs to include important financial data including a breakdown of past and future performance. A standard metric of performance should be used for this data such as month on month growth for units sold and gross profit. To create the perfect pitch deck, you will need more than just solid numbers; as opposed to a business plan you will need to present the numbers in a way that is persuasive and accessible. In this article, I’m going to show you exactly which financial numbers you need to include and how to show your financials in a pitch deck.
A pitch deck appendix includes all financial data, risk assessment, legal status, patents and trademarks, performance and projection metrics, information on previous or existing high profile investors, and any other salient information you didn’t include in your main pitch deck for brevity. In this article, I am going to outline the importance of the pitch deck appendix and explore exactly what information you need to include in greater detail. This will markedly improve your chances of securing investors for your business.
A pitch deck should be 10 – 20 slides in length. Each slide should have a purpose and be uncluttered. Only a handful of bullet points should be used at a time. A pitch deck should flow from one clear concept to another, taking the investor on a journey from why a product or service solves a problem for consumers, to why a business will provide a valuable return on investment.
Do you want to know how to build a pitch deck but don’t know where to start? I’ve advised hundreds of leading entrepreneurs on how to build the perfect pitch deck. Today, I’m going to share that blueprint for success with you. Read on to build a great pitch deck and earn the investment your business idea deserves.
He Sold His Business For $400 Million And Now Raised $30 Million To Help You Unlock Your Office Door
Alex Kazerani has not only done a fair amount of traveling around the world, but he has also been around the block of starting and exiting startups a few times too. Most entrepreneurs dream of launching and maybe selling one company. Alex Kazerani has done it three times and is now building what could be his biggest company yet. We got together for a recent episode of the Dealmakers Show. Alex walked us through his entrepreneurial journey, why he sold his companies, what he might do differently now, how he has picked his investors when to take venture debt versus equity, and how he stumbled on his latest business idea.
To secure investors for your startup business, you need an effective pitch deck. A pitch deck is your way to persuade investors that you and your business are worthy of investment. In this article, I’m going to outline exactly how to create a pitch deck that will succeed.
Writing the perfect pitch deck can feel daunting at first. After all, your entire pitch relies upon it. If your pitch deck is not well written and presented, then you will not secure investment for your business. However, when learning how to write a pitch deck, there are some simple steps you can take to get the investment you need to take your business to the next level.
Osama Elkady knows a thing or two about building multi-billion dollar companies. His startup helps them grow every day. I had the great opportunity to interview Osama on a recent episode of the Dealmakers Show, where he talked about growing as a leader when your company is growing by triple digits. We also discussed the myths of big companies, overcoming the challenges of being a small one, what you need to succeed, how to say no to VCs and what you can learn by working with Larry Ellison.
Are you wondering how to raise startup capital? Whether you’ve just had your “eureka!” moment and have seized on a great business idea you need to fund, or you’ve already been putting in the 100 hour weeks and know you need an injection of some kind to make the next leap, how do you do about raising capital for your startup? Do you know what you need to raise money at your stage in business? Have you explored all of the potential options? Do you have the right pitch and timeline? Are you pointing your business in the right direction? Here’s what you need to know.
Are you wondering how to make a pitch deck? If this is the case, you need to consider the function of your deck. What is it that you are pitching? In this article, I’m going to show you how to make an effective pitch deck. We’ll look at the above questions and explore the perfect structure for your pitch deck. Let’s get to it.
Are you wondering what to include in a pitch deck? Your pitch deck needs to include a specific structure that best sells your business to investors. This structure includes 9 specific stages. Each stage contains at least one slide.
A pitch deck is an essential tool for securing investors. Pitch decks are presentations to potential investors that summarize what your company does, what your business plan is, and how you want your company to develop with new investment. Like any pivotal business tool, your pitch deck should not be generic. It needs to shine. It should also be catered to its intended audience. Because of this, pitch decks can take several forms and have different purposes.
He Sold His Startup To AOL for $100 Million, His Next One To Disney For $675 Million, And Now Raised $145 Million
René Rechtman is a true serial entrepreneur, who has been involved with multiple exits. His current company, Moonbug has raised an incredible $145M Series A to bring children’s entertainment to the masses. René and I recently did an episode of the DealMakers Podcast together. He talked about growing international companies, how he got started in entrepreneurship, fundraising, and the most important business lessons he’s learned on the journey.
Think you need startup capital for your next business idea? Here’s what you need to know. Choosing to launch your own startup business is one of the most exciting things you can do in life. It can be one of the most valuable things you can do with your life. It can also be one of the toughest. Especially when it comes to raising startup capital. Before you run out there to ask for money for your big idea or give up on landing that VC money, here what you must know.
Angel investors are a significant part of the startup ecosystem. If you are an aspiring entrepreneur or founder of a young startup you may be thinking about fundraising with angel investors. Here’s what you need to know. Angels are a key element and building block in starting fundraising. They can be one of the most critical sources of funding for startups. Before you rush out there with your new pitch deck to try and present to them, make sure you understand how they fit, what drives them, and what’s next.
Peter Bailis left academia and formed an incredible team that is tackling this problem. They’ve already raised tens of millions of dollars to do it, and partnered with some incredible businesses. Peter and I recently recorded a new episode of the Dealmakers Podcast together. We talked about his journey into computer science and entrepreneurship, the future of business, the top challenges facing companies of all sizes today, fundraising, how to pick your first customers, and his top advice for new founders.