Oct. 25, 2024

270. A Smaller Deck With Less Information

270. A Smaller Deck With Less Information
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Season 4

Text your thoughts directly to Rich.

Don't answer every question in your deck. Give just enough information to pique curiosity.


About AVL Growth Partners
AVL Growth Partners, founded in 2009, is the leading fractional Finance and Accounting firm supporting organizations in pivoting from growth to scale. AVL brings an experienced team of CFOs, Controllers, and Accountants to your organization, delivering transparent, strategic actions for short and long-term success. Transform your financial approach affordably with AVL, supporting companies coast to coast - get to know AVL Growth Partners at avlgrowth.com. (Sponsored)

About SpringTime Ventures
SpringTime Ventures seeds high-growth startups in healthcare, fintech & insurtech, and logistics & supply chain. We look for founders with domain expertise, forging a path with a truly transformative technology. We only invest in software-based businesses in the USA. We bring a people-focused approach, work quickly, and reach conviction independently. Our initial check size is $600k. You can learn more about us and our approach.     

Transcript
WEBVTT

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Closing out this week with pitch deck advice, I'm going to circle back around to season one, episode 26 of the VC Minute: The Deck Gets the Meeting.

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The point of the pitch deck is not to get an investment.

00:00:14.539 --> 00:00:16.160
The point is to get a meeting.

00:00:16.910 --> 00:00:20.149
You don't have to answer every question in your pitch deck.

00:00:20.480 --> 00:00:22.833
In fact, you don't want to answer every question.

00:00:23.333 --> 00:00:32.100
What you need to do is tell your story, pique the investor's curiosity and make it impossible for them to not reach out, to learn more.

00:00:32.600 --> 00:00:34.460
That is the point of the pitch deck.

00:00:35.509 --> 00:00:40.880
What I think happens to a lot of founders is they go out and they share their pitch deck and they get feedback.

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Oh, you didn't include this?

00:00:43.399 --> 00:00:44.420
Well, what about this?

00:00:44.579 --> 00:00:45.509
What about this piece?

00:00:45.570 --> 00:00:46.679
And what about that piece?

00:00:46.770 --> 00:00:50.789
And I didn't understand this, and you should definitely have that slide in your deck.

00:00:51.289 --> 00:00:56.000
If you ask 20 people about your pitch deck, you're going to get 20 different opinions.

00:00:56.479 --> 00:00:58.880
And you're going to end up with 20 slides.

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What you need to remember, you have maximum number of slides.

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Let's call it somewhere between eight and 12 slides.

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No matter how many different people are telling you, you need more and more slides, I'm here to tell you, and Justin was here to tell you, you need fewer slides, with less information.

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That's all for this week.

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As always, time is our most precious asset.

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I'm grateful that you would spend some of it with us this week.

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And I'm grateful for AVL Growth Partners For supporting the VC minute.

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Why go fractional?

00:01:32.590 --> 00:01:42.998
Picture this: a CFO with an average of 19 years of senior finance CFO experience, alongside controllers and accountants with 15 years under their belts.

00:01:43.298 --> 00:01:44.734
This isn't just bookkeeping.

00:01:45.034 --> 00:01:49.655
It's the expertise your company needs to navigate economic challenges.

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If you want to take your company to the next level and need the experience required to make it happen.

00:01:55.215 --> 00:01:58.004
Visit AVL growth.com right now.