MAP14 Startup Accelerator Application Workshop - Jeremy Kraybill
-
Upload
wen-xi -
Category
Small Business & Entrepreneurship
-
view
437 -
download
0
description
Transcript of MAP14 Startup Accelerator Application Workshop - Jeremy Kraybill
MAPAPPLICATIONWORKSHOP:
MAKE IT GOOD.
THE BASICS
Do you have an idea? Do you have a team? Do you want to do map?
It’s a pitch.
THE APPLICATION PROCESS
It’s also a pitch, with an audience.
Still a pitch, but with questions.
online video Pitch night selection Interview
WHAT ISA GOODPITCH
INTRODUCE YOURSELF!!One sentence elevator pitchWho your team isTraction if you have it
MY PREFERRED PITCH FORMAT“THEY’RE MORE LIKE GUIDELINES”
What is the problem you solve?What is the market opportunity?HOW BIG IS THE MARKET??
What’s your solution?What else is out there?Why are you better?What’s your traction?HOW WILL YOU MAKE MONEY?How will MAP help you?Say thanksDON’T GO OVER TIME!
Who you are What the problem / opp is
How and Why you can win
HAVE YOUWATCHED 100PITCHES* You should watch at least 100 pitches.
Things you should watch:
Youtube (seriously)Pitchenvy.comBestpitchdecks.comGuy kawasakiMIT PITCH CONTEST VIDEOSEarly steve jobsPaul grahamDave mcclureStanford Tech VenturesSteve blankReid hoffmanAaron levie
Preferably very enthusiastic
STYLE STUFF
Preferably in the roomPreferably silent after introsPreferably worse speakers than you
Don’t give me optionsDon’t attack me with data
BE enthusiastic Where Is your team? Don’t confuse me
Especially about your marketAvoid anecdotes / weasel words
Don’t read from cardsAvoid videoCut content to keep it quick
Don’t talk about other teams
BE knowledgeable Ditch the script You’re the only one here
Especially at the interviewCAC is usually important
CONTENT STUFF
Just the few most important ones
Domain names are im.po.rta.nt.
Know your market Give me facts For the web guys
Can distract the audience Competition is good Know how you will make itKnow what you’ll do with it
Deck-to-speech ratio Show me competition Show me the money
Have worked in it especially
AWESOME TEAMS DO THIS:
Or at least convince us that theirs is viable
Domain experience, having worked together, good size
Know the problem Know the solution Have a solid team
You can be too successful or at the wrong stage
If you don’t have real traction, start making some
Be enthusiastic
Need the money show real traction Are having a good time
THINGS YOU WILL NEED TO OVERCOME:
Not being convincing Having no traction Not having clear direction
Being terrible at pitching
Pursuing a bad market Having one founder
QUESTIONS?