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Usually the better pitches have a discussion on risks/challenges to overcome, and how you are going to use the current VC round to do that (and the timeline, et
by chris_va 9y ago
Usually the better pitches have a discussion on risks/challenges to overcome, and how you are going to use the current VC round to do that (and the timeline, etc). "Big risk item is delivering T tech by D date, requires P person for M months (usually a specific person), who we will hire at time T_1 after getting our funding round"
If most of the VC's concerns are on your list of challenge milestones, then they will be more likely to believe the rest of your pitch as being accurate.
- swyx 9y agoI have never pitched a VC but this was surprising. A pitch that requires a specific person who hasn't yet been hired? What if the person is unavailable? This seems to be misleading specificity.
- jonnathanson 9y agoSomewhat common in pitches from seasoned entrepreneurs. It shows they've thought things through, have identified specific individuals they believe they should attempt to onboard post-funding, and are operating as though they actually know what they're going to do right after they get the giant check.