The puzzling thing about this is the right to invest. Surely founders who'd pay a "deck designer" $20-40k are the last ones you'd want to invest in.https://twitter.com/JasonrShuman/status/1207869785402486791 …
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I have never voluntarily looked at a startup's deck. As soon as a founder starts to open their laptop, I ask them to stop, and just tell me in words what their startup does.
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It's not just that I hate decks. Explaining a startup in conversation is a much more exacting test.
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It's so they can forward it to their buddy at another firm who's backing a competitor.
End of conversation
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If that's the case, isn't that more a symptom of VCs lack of empathy for making founders jump through unnecessary hoops? Seems most VC's are so far removed from those days they don't put themselves in the shoes of an early stage founder.
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You should be able to give a pitch in a single twitter thread right? Thanks for the idea!
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Steve Jobs had a similar opinion: “I wanted them to engage, to hash things out, rather than show a bunch of slides.”pic.twitter.com/UHrHzZbn4Y
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Decks are a poisonous waste of time.
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Yes- esp for seed. Few data are important at this stage, aside from maybe salient numbers on market size - which a founder can communicate without a deck.
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This is some great advice, remembering
@johngreathouse telling students over 10 years ago. Still resonates with me. Know / own your numbers, explain in simple terms. No need for flashy decksThanks. Twitter will use this to make your timeline better. UndoUndo
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