4 ms·

It is pretty difficult to figure out the problem without knowing in what way the pitches were bad. What in particular was missing? Did the teams make unrealist

• damoncali 15y ago
  In my experience these types of pitches are bad because: 1) The students don't take them as seriously as real businesses. 2) The faculty place requirements on what a pitch should look like. When I was in school, I wrote horrible, 25 page business plans and the equally horrible slide deck as part of a new venture class. We knew it was shit when we presented it. As a result, you see serious teams literally doubling their efforts. They do one thing for class, and another for real life. (Well, maybe not doubling - real life is much less work.) This sounds stupid, and to a degree it is. BUT - if you write these monstrous business plans and orchestrated piches, you will learn a thing or two about what works, what doesn't, what is required, what isn't, and what falls flat or gets ignored. While I won't claim it's 100% intentional, there is at least some method to the madness.