What Is The Length Of A Pitch Deck? Or, how many slides should your pitch deck be?
Pitch decks are vitally important for startups. They are the key or the roadblock to funding for your business. In turn, that means they can make or break everything.
There are many tips for crafting a powerful pitch deck and pitching for fundraising. Yet, one of the main things that frequently confuses and sabotages startup founders is how long the pitch deck should really be.
The Ultimate Guide To Pitch Decks
Here is the content that we will cover in this post. Let’s get started.
- 1. How Long Your Pitch Deck Should Be
- 2. Length Impacts Various Other Factors
- 3. Problem Slide
- 4. Solution Slide
- 5. Market Size
- 6. Competition Slide
- 7. Product Slide
- 8. Customer Slide
- 9. Feedback Slide
- 10. Traction Slide
- 11. Model Slide
- 12. Financials Slides
- 13. Investors Slide
- 14. The Team Slide
- 15. Use Of Funds Slide
- 16. Closing Slide
How Long Your Pitch Deck Should Be
Pitch deck lengths and slide counts alone can make or break your startup and fundraising efforts.
The length has a variety of impacts on the effectiveness of your deck and pitch. First, it is a significant signal as to whether you are going to make it as an entrepreneur and startup.
Just by the number of slides in your deck (without looking at any of them), experienced advisors and investors know whether you are likely to make it or not.
You are probably asking others for at least millions of dollars. Millions that you haven’t been able to put together in your life up until now. Important capital they have personally sacrificed to save or raise. It is their livelihoods, family finances, and reputations on the line.
If you couldn’t invest a few minutes to research for information about what is the length of a pitch deck, or couldn’t bother to deliver on it, why on earth would they consider investing so much in you?
Put simply, when it comes to the pitch deck length, shorter is better.
Creating a shorter deck can seem harder than just pouring out everything in your head onto slides. Yet, being able to do so is a big differentiator. It is a must. It proves that you can focus and execute, follow great, and get things done.
That is what differentiates the few founders and ventures that have what it takes to succeed, while 99% fail. If you can’t focus when it comes to simply putting together a deck, how are you going to build a scalable business?
Length Impacts Various Other Factors
Length also impacts how you deliver on the pitch during presentations. Even if you have a 60-minute pitching slot, having a deck that takes longer than 20 minutes to talk through can be dangerous.
You need to leave time for a Q&A period, late starts, and dealing with any technical glitches. You don’t want to get cut off and run out of time right before you hook them. Have your pitch deck outline in place well in advance.
Being able to keep it simple, including plenty of white space and larger font sizes helps to get the most important facts across. It helps maintain interest and flow, and greatly reduces the risk you’ll lose the audience in the process.
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Length even matters when it comes to document storage and file sharing. A shorter deck and smaller file size has many more options for sharing and publishing.
That can make all the difference when it comes to getting your deck in the right hands. It also makes it far less likely to be deleted for taking up too much storage space.
Keep in mind that in fundraising storytelling is everything. In this regard for a winning pitch deck to help you here, take a look at the template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash.
Remember to unlock the pitch deck template that is being used by founders around the world to raise millions below.
So, how short is short enough? How many slides should your deck have? What Is the length of a pitch deck?
This may somewhat depend on what stage your startup is at. The earlier stage your startup is the less data you will have and be expected to present. Try to avoid exceeding 20 pages at all costs. 16 is better. 10 or less is even sufficient for pre-seed, pre-revenue startups.
This is your first impression. Your cover slide can determine if they look any further or not.
Include your company name, logo, and contact info. Lead in with a good tagline or slogan.
Looking for more information on the precise steps to pitch an idea to an investor? Check out this video where I explain in detail.
Show that you have a clear handle on your problem. Explain it simply. You can talk around this slide and tell a story that resonates with your specific audience.
What is your solution to this problem? How does it solve the one main problem?
This data point is incredibly important to investors. How big is this market overall? What is your addressable and serviceable percentage of that?
Who are your main competitors? How are they different? What are your sustainable competitive advantages over them? Position them well in a graphic that works in your favor.
What product are you creating to solve the problem? Use images of prototypes, screenshots, and pictures of how it will be used in real life.
Are your customers regular consumers, SMEs, or large corporations? What is your ideal customer avatar?
What feedback have you already compiled from potential or existing customers?
What traction does your startup have? Specifically hone in on one metric. What progress have you made in terms of customer acquisition, sales volume, revenues, and profit.
What is the business model? How do you get customers, deliver to them, and make money?
If you have already begun business include your existing financials. If not, this is all about financial forecasts for the next 1-5 years. This should include customer acquisition, sales, revenues, profits, and profit margins.
What other investors are already involved or expected to participate in this fundraising round.
The Team Slide
Use profile pictures, and one to two sentence bios for each cofounder in the team slide.
Use Of Funds Slide
How much money are you asking for? What will you do with the money you raise? What milestones will it enable you to achieve.
Thank investors for their time, repeat your contact information so they can get in touch.
When you’re exploring for information about what is the length of a pitch deck, keep these essential factors in mind.
You may find interesting as well our free library of business templates. There you will find every single template you will need when building and scaling your business completely for free. See it here.
What Is the length of a pitch deck? Or, how many slides should your pitch deck be? Pitch decks are critical for startups, and the key or the roadblock to funding for your business.