I'm curious if this kind of presentation is useful for teams that haven't already been validated with YC backing yet. I imagine this format only works because t

I'm curious if this kind of presentation is useful for teams that haven't already been validated with YC backing yet. I imagine this format only works because the investors are already interested in the teams since PG is interested in them. In other words, if somebody were to make a slide deck that followed a similar format (no demo, most focus on team competency) and present it to VC's without YC backing, would it receive the same enthusiastic response?