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I don't disagree, but I also think this system is a great way for investors to get a quick glimpse of a ton of awesome companies at once, and find the ones they
by cwilson 14y ago
I don't disagree, but I also think this system is a great way for investors to get a quick glimpse of a ton of awesome companies at once, and find the ones they are most interested in and chat more. Someone else in this thread already mentioned this, but the point of the pitch is not to close a deal. That takes multiple conversations, sometimes days, sometimes weeks.
Personally, I only want to talk to investors who are actually interested in our space, or have expertise and connections in the space, especially when there are hundreds in the room (half the conversations would be a complete waste of time otherwise).
- robryan 14y agoTrue. The accelerator that operates out of the space I work at, they emphasised the idea of including a slide about what type of people the startup is primarily interested in working with.