Hays: Pitching without a deck is a huge mistake for founders
Jordi Hays · The "Switzerland of AI" is Crazy (ep3) · Oct 14, 2024 · at 1:54:17
TBPN co-host Jordi Hays discusses the trend of founders replacing visual pitch decks with long-form investment memos during fundraising rounds.
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“Huge, huge mistake to go into a round with no deck. Because the visuals are so important to the storytelling that if you just have this, like, text and, like, you know, 20 paragraphs in a row, it's just, like, so boring, because if you have one image where people's eyes gonna go to, I think people don't realize, like, I'm not reading your memo, I'm not reading your master's thesis on your business before I've even met you, because it doesn't matter if it's a good thesis, if I have a five, 10 minute conversation with this person, and the person sucks, I'm not gonna,”
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