Strive to remove as much unnecessary detail as possible. Outside eyes help. Whatever remains, make copy crisp/make it visual. As a founder, easy to get into mode of thinking every point is imp.
PS: It takes time & iterarions. Don't start working on a pitch a week before a meeting
But this step 2. Step 1 is to spend time & get feedback on the articulation of the company (2-3 lines that describe what you do). Through what lens you want someone to look at the biz. In what Bucket they slot you. Lot of this is decided by end vision, competition and sector.
My fav example is how Dunzo changed its articulation from personal concierge service to enabling local commerce.
As personal concierge articulation l, your only rev source is customer. As local commerce, merchant gets added in.
Your product changes from chat UI to Swiggy like UI.
The opportunity size is much larger.
Biz on ground is same. But this articulation changes the way you evaluate the company.
Personal example. If I was pitching Simplanations, I will ensure my messaging makes it clear I see it as a education company, and not journalism company.
If I establish this lens, it makes it easier for me to explain why I don't need to publish content daily (like Ken, ET, etc)..
...because I am building content that is relevant for few years. My eyeballs come over time.
This lens will decide who my actual competition is, what my monetization options are. So it's important to convey this articulation to someone whose money I want.
Having this articulation in your head (and pitch) is important since it will drive a lot of things. It can even change product as I explained in the Dunzo eg.
Similarly, the education vs journalism distinction will also inform my content scope for Simplanations.
Very important!

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More from @vivekraju93

24 Jan
A little-known OTT app that is only 10 months old and with content only in one language has raked up 5M+ downloads on Play Store with a rating of 4.5 (1.9 lakh ratings).
1/
AHA is an OTT service officially launched in March 2020 (soft launch in Jan 2020) with only Telugu web-series and movies. What's interesting though it is not a venture by a millennial aged tech or media hipster.
2/
It is owned by Geetha Arts whose owner in turn is Allu Arvind - a leading producer in Tollywood cinema (Telugu film industry) since last few decades.
3/
Read 18 tweets
10 Nov 20
Was looking at copywriting examples and ended up visiting login pages of a few sites we rarely visit anymore since auto-login.
For most, the copy is simple and to the point (how it should be). They tell you what's in it for you and that's it. No cute stuff.

1/
Facebook - Facebook helps you connect and share with the people in your life

Answers the Q in your mind about what you can do with FB. They obvi do a lot more but they stick to their essence (connecting & sharing) without complicating matters (like they did with the product)

2/
Whatsapp
Simple. Secure. Reliable messaging.

Looks like the stress is more on 'we are about trust' than 'we are about messaging' (with the words 'secure' and 'reliable')

3/
Read 9 tweets
26 Jul 20
A thread of startups attempting to do some really outlandish stuff - rethinking solutions ground-up or challenging industries/ideas that haven't changed for decades.
Thinking of calling them 'Musk-Type Startups' (better name suggestions welcome)

Examples...

1/
Spinlaunch (spinlaunch.com), USA
Their thesis is that rockets are an inefficient way to send things into space (burning fuel, high cost etc). Using centrifugal force is a better way. So spin stuff at a fast enough pace to reach escape velocity & launch into space

2/
Boom (boomsupersonic.com), USA
Air travel hasn't seen major innovation (regards to speed) in decades. Boom wants to bring supersonic flight to civil aviation. Few of the longest routes in the world will be cut short by ~50% with Boom (LA - Sydney from 14:30h to 8h)

3/
Read 7 tweets
4 Jun 20
1/ Why are tech giants (FB/Amazon/Google/MS) buying stakes in Indian telecom?

Thread...
Few initial thoughts from bouncing off ideas with @manchandarohit
2/ It's essentially a distribution ploy. But all these giants are demand aggregators (barring MS) who already own customers. So why?
3/ It's not for you and me but to get access to the new internet customer. And no prizes for guessing which country is expected to add the highest # of NEW internet users in the next few years.
Read 14 tweets
21 Apr 20
Used to track oil prices everyday while at Goldman Sachs (way back in 2016-17). Will use some of the gyaan I picked up to explain why crude oil prices fell below $0 yesterday in simple terms and also cover few other points around crude prices

1/
First, oil prices didn't fall below $0 globally. It happened only in US. Although it might touch zero globally based on few factors I will explain later
There are 2 indices that are used as benchmarks to price oil worldwide - WTI and Brent.

2/
WTI is used to price oil extracted in US. And Brent is used for oil extracted in Europe, Middle East and Africa - hence making it more global (Brent dictates oil prices for ~2/3rds of global oil supply)

3/
Read 21 tweets
4 Jan 20
Manyavar has been an under-discussed success story
It is is the most profitable apparel brand in the country, more than even Zara and Levi's
22% net income on Rs 820 cr in FY19

1/
Positioned themselves as celebration wear, not just ethnic wear allowing them to buck the trend during economic slowdown. Growth numbers prove that.
20% CAGR in last 5 years
600 stores opened in last 10 years across India, US, Canada, UAE

Great insight from the founder
2/
Initially focussed on only weddings, expanded to other celebrations to fix seasonality issue

3/
Read 8 tweets

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