How to pitch a VCs

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How to Pitch a VCs by Dave McClure

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How to Pitch a VCs credit : Dave McClure

Transcript of How to pitch a VCs

Page 1: How to pitch a VCs

How to Pitch a VCsby Dave McClure

Page 2: How to pitch a VCs

10 slide to an AWESOME pitch

ELEVATOR PITCH

THE PROBLEM

YOUR SOLUTION

MARKET SIZE

BUSINESS MODEL

PROPRIETARY TECH

COMPETITION

MARKETING PLAN

TEAM

MONEY / MILESTONES

BUSINESS METRICS (NOT REVENUE PROJECTIONS)

CUSTOMER TESTIMONIAL

DEMO : VIDEO / SCREEN SHOTS

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THE ELEVATOR PITCH

Short, Simple, Memorable

3 Key Words or Phrases

NO Expert Jargon… Just KISS

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THE PROBLEM

What is the Problem?“Ouch Yeah, I have that too…”

Who has it?

PAINKILLER not vitamin

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YOUR SOLUTION

BETTER, DIFFERENCE than anyone else

NICHE to WIN

TESTIMONIAL

Demo (Video, Screenshots)

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MARKET SIZE

BIGGER is BETTER

REPORT is MATTER

Calculate users/ Usage/ Rev$Avg Txn = $X

Y customer in our market

Avg customer buys Z times per year

Market Size = $x * Y * Z annually

Market growing @100+% per year

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BUSINESS MODEL

TOP 1-3 SOURCE of REVENUE

SIZE & POTENTIAL

DIRECT / Indirect Revenue

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PROPRIETARY TECHNOLOGY / EXPERTISE

VCs really like unfair advantages

BIG Market Lead

EXPERIENCE Team

SUPERIOR Technology

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COMPETITION

Why you’re better or difference

List all competitors

If not better or different thenNICHE to WIN

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MARKETING PLAN

How do you get CUSTOMER & DISTRIBUTION?PR

Contest

Biz Dev

Direct Marketing

Radio /TV /Print

Telemarketing

Email

SEO / SEM Blog

Viral

VOLUME / COST / CONVERSION

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TEAM

Geeks with deep tech experience

Sales / Marketing who bring in customer $

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MONEY, MILESTONES

How much MONEY?

What will you do with CAPITAL?New hires (Build Product)Marketing & Sales (Get Customer / $$$)Opportunities & Infrastructure (Scale Up)

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FINANCING

RAISED $ 50K Seed round Apr 2014 @ $1M Valuation

Launch Product / 7 Insurances / 18% Share of Market / 200,000 Txn by end of 2014

100K revenue in 3 months

Seek $ 1 M Series round @ 10 M Valuation Meeting 30 other VCs in Echelon, Geek on the

plane, Dtac Demo Day

Targeted closing in 1 months after Dtac Demo day

Use of Proceeds / Product Roadmap / Goals 400K Promote Apps to Customer

400K Marketing Campaign

200K Cloud Infrastructure

Get to 18% share of market / 1.5M Txn per year / $6.5M Revenue by end of 2015