One of the underappreciated benefits of crossovers entering venture is the professionalization of early stage. the # of VCs that were high and mighty around deck formatting, round timing, and narrative structure represented the least productive barrier of entry imaginable
-
-
Obviously self-interested, and perhaps bio is different, but decks are still pretty important at A/B. TBH, it's less the formatting – like you need to have X,Y, and Z slides – and more the tenor of the story they're telling. The surviorship bias of funded founders is strong.
-
Put another way, you can get by with much less than you used to as a founder, but most of the roaring successes either have strong metrics or are telling a *tight* story.
End of conversation
New conversation -
-
-
This Tweet is unavailable.
-
just tell me what the fuck you are building in a one page memo and we're in business-- even better do it in a notion with links.
- Show replies
-
-
-
I feel a seething rage whenever I see a deal killed by an MD due formatting. Way too many labor hours of high human capital workers have been wasted on unnecessary formatting
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
the best A’s are pre-empted, have been
-
Few understand
End of conversation
New conversation -
-
-
Eh, I still only fund if there's a deck ¯\_(ツ)_/¯
-
I’m with Delian. If you have a strong product and an idea for where the business could go you can throw together a deck in short order. Doesn’t need to be pretty but I want to see some structure to a founder’s plan.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.