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Great technique. You want to go to the people who are the best bets last, after you've worked out the bugs in your presentation. I'm hoping that I won't need to learn these skills and I can just leverage recommendations from my network and evidence of past performance.
Also, I want to be clear. This isn't just the presenter's fault (it's best to think it is so you get better). I have seen some TERRRRRRRRRIBLE companies get funded over mine. A lot of these judges and investors make bad calls.
Pitch competitions are stupid for a myriad of reasons. The lack of skin in the game is #1. The format is #2. I could go on and on...
Yeah, I'm 0 for 7 in pitch competitions and 0 for 2 in investor meetings (angel investors in Albany and @ycombinator).
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