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This is certainly a helpful resource but quite conflicted on whether Theranos' deck should be in here (along with the disclaimer) even if it's just for historic
by luminati 7y ago
This is certainly a helpful resource but quite conflicted on whether Theranos' deck should be in here (along with the disclaimer) even if it's just for historical purposes.
- jjeaff 7y agoWhy wouldn’t it be? These aren’t examples of how to run a company. They are examples of pitch decks from companies that successfully raised venture capital. Raising a ton of venture money is the one thing that theranos succeeded at. In fact, even labeling some companies as failed doesn't help much. Might be more useful to see pitch decks from companies that failed to successfully raise any money.
- chdaniel 7y agoHi J, maker here. I would love to death to have pitches from those who have failed to raise money as that would actually fix the "survivorship bias" for raising money. What we put there would be eliminating the bias for... running a company I guess. Thanks for adding the comment, it was what I had in mind when we added Theranos. In fact, maybe Theranos teaches us what kind of behaviour/talk "slips" through VCs, thus making us understand how we, the founders, will pick the VCs. I know, not a popular opinion for US to pick VCs — but we need to start spreading this idea of selectivity. Not stupid selectivity ("I deserve this. Give me that"), but rather the one that makes us weed out those who don't have the acumen to tell between Theranos, a fraud, and a real startup Sequoia didn't invest in Theranos. Index, Benchmark or Andreessen Horowitz didn't. Maybe we can learn from Theranos' deck how we can pluck out those VCs.
- abraae 7y agoAu contraire, raising heaps of money on a pure vapor product just might be the mark of a truly powerful pitch deck.