Don't expect investors to read every word of your pitch deck.
Many founders create huge comprehensive pitch decks filled with pages of 10-point font. The simple truth is that good investors won't read those extra words you spend so much time crafting. The second half of that truth is that if you can't communicate the important things about your business simply, then you aren't ready to raise money.
It's also important to remember that even if you have a simple pitch deck that you sent ahead of a meeting, it's likely that not everyone read it. plan to cover everything in your pitch deck in your pitch to the investors.
Don't ask investors to sign NDA's
Asking for NDA's is a colossal mistake that most first-time founders make. It feels like a smart thing to do if you're sitting on a big idea that could turn into a valuable company someday. However, experienced investors don't sign NDA's because it could conflict with future investment. The simple solution for this is to avoid putting sensitive information into your pitch material and save it for discussions further into the negotiations with your investors.
Don't expect investors to read every word of your pitch deck.
Many founders create huge comprehensive pitch decks filled with pages of 10-point font. The simple truth is that good investors won't read those extra words you spend so much time crafting. The second half of that truth is that if you can't communicate the important things about your business simply, then you aren't ready to raise money.
It's also important to remember that even if you have a simple pitch deck that you sent ahead of a meeting, it's likely that not everyone read it. plan to cover everything in your pitch deck in your pitch to the investors.
Don't ask investors to sign NDA's
Asking for NDA's is a colossal mistake that most first-time founders make. It feels like a smart thing to do if you're sitting on a big idea that could turn into a valuable company someday. However, experienced investors don't sign NDA's because it could conflict with future investment. The simple solution for this is to avoid putting sensitive information into your pitch material and save it for discussions further into the negotiations with your investors.