In his masterclass about crafting an effective pitch deck @YourStoryCo’s #TechSparks2020, @P_Kemps highlights some aspects that seem trivial but are important, some that are easy to miss, and some that mustn’t be missed. A 🧵-
1/ The title is as important as anything else in your deck. It should define your company in a single declarative sentence and can also be about your #mission & #vision.
2/ Tell a #story to explain your #purpose, tying your idea to a broader shift taking place in the world. Your company’s reason to be should be based on unique market/consumer insights driven by one or many of these changes 👇
3/ Do you really understand your #customers? What are their pain points, traits, personas, and what are they looking for? Displaying a deep understanding of customer needs in your #pitch is a must.
4/ Keep these in mind when talking about your #product-
-How are you building it?
-What is the underlying architecture?
-How is it unique & better than others?
-What are the value props of your product & how does it deliver value?
-Lastly, don’t just talk about it, show it.
5/Having #business model #moats is key. But, better to have one very deep moat than spreading yourself thin with many-
6/ Irrespective of the stage of your company, important to show traction and that doesn’t only mean #revenue. Can you show app store ratings, customer feedback/ growth/engagement/love & retention?
Tip: In the case of #retention, show the scale of growth, not just growth.
7/ Display your long term vision - what would you tell your 5 years-into-the-future-self, what would you be celebrating?
8/ Show that you’re addressing a large #market & have a deep understanding of your industry.
What are regulations like, what are the different layers and how do they interact with each other? What are the #challenges they pose & how will you tackle them & win in the market?
9/ Obsess over your customers but try to understand your competitors.
It is easy to dismiss #competition. Try to show how you are not just better, but different.
10/ On team-
-Not just #PMF. Product-founder fit is also important. Why are you as founders the right people to build this company?
-Share stories of how you got together to start up
11/ How to deliver a pitch if you only have a few mins? #ElevatorPitch
Talk about the market opportunity, customer pain point, unique way to solve it, early customer traction, #ARR. If you are in the pre-launch stage, talk about the team’s capabilities/ experience in the area.
12/ Finally, keep your story crisp, real, #authentic. Be #honest even if it makes you vulnerable.
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In conversation with @gvravishankar at @techinasia, @BYJUS co-founder, Divya talks about their journey of disruption, challenges, successes & more.
The co. that we’ve built today is driven by #passion. We made things happen no matter the challenges. We wanted to make learning accessible, effective, engaging, and personalised. We use tech to do that for 70M kids today.
Never been afraid to positively disrupt ourselves. Prior to our app launch in 2015 - we were a 100% offline service, running classrooms as big as stadiums. Today we are a 100% online product company.
1/:2019 has been a rewarding yr. We started the year with @_surgeahead. 2 cohorts & 37 amazing startups later, we couldn’t be more grateful for the founders, mentors & VC partners who've joined the Surge family. Oh & applications for Surge 03 end Jan 15 ;) surgeahead.com/apply/
2/: @RajanAnandan and @amitjain1 joined the Sequoia India family this year and we couldn't be more thrilled.
3/: We’ve been growing our community in Jakarta. Our Sequoia Spark sessions & Wednesday coffee chats with early-stage founders there has us even more excited about Indonesia’s thriving startup ecosystem. Want to be a part of these meetings? Keep an eye on this space.
1/: @bharatpeindia is bringing millions of small merchants on to the #digital payments ecosystem for the first time. Their goal: to become the largest enabler of free offline #payments and provide a one-stop platform for all #financial commerce solutions.
2/: Through a unique 30 second on-boarding process, @bharatpeindia has already reached a 1.7 Mn user base. 4 Mn+ #merchants will be using the platform by FY 2020.
3/: There are 50 Mn merchants in India, a vast majority of whom are underserved by #banks and #NBFCs. The credit gap in the market is ~$400b. This is the opportunity the company is going after.