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I would question whether you're really at the growth fundraising stage if you can't concisely summarize the offering and problem it solves. How are you going t
by version_five 5y ago
I would question whether you're really at the growth fundraising stage if you can't concisely summarize the offering and problem it solves.
How are you going to get customers / revenue if nobody can understand what you are doing without a long explanation?
Maybe you should look for research funding if it's more of an academic problem. Or if you really believe it's time to grow a company, find someone better at targetting messaging to VCs.
I can sympathize, I'm actually in the process of something similar, and was told recently that basically any explanation that appeals to me (as an engineer) is going to be off-putting to the folks I'm pitching to.