Does your startup's pitch need a SLAP in the face? We ask three top VCs. | Techsauce

Does your startup's pitch need a SLAP in the face? We ask three top VCs.

Learning to pitch to potential investors can be an intimidating journey for a startup founder. The best way to improve your startup's pitch is to practice, practice, practice! Building a startup requires being able to sell your vision confidently. We asked some top venture capitalists who have invested in the region what they felt were the most common mistakes local startups make when pitching.

a2

Champ Suthipongchai, Founding Partner at Creative Ventures

"The perfect pitch is about imperfection. I find it delusional when founders tell me how this is going to be a no-brainer. The best founders help walk me through all the risks, tell me exactly how this may go wrong, and present contingency plans. They admit on things they don’t know – rather than bullshitting their way through – and get back to me on critical information that was missing. It demonstrates not only experience and practicality of the founding team but also their humility and transparency. Above it creates trust and confidence, the most important currency in early stage investment."

 

a3William Bao Bean, Investment Partner at SOSV, MD at Mobile Only Accelerator

"Most entrepreneurs want to lead with what they have built, it's their baby and they want to show it off. Instead they should start with the problem they are solving"

 

 

a1Muai Porlanee Jeamsaksiri, Principal Fintech Corporate VC at Digital Ventures

"Usually it is not the pitch mistake. It is the business model!"

 

 

 

So, how can you improve your pitch before going in front of someone like Champ, William or Muai? Techgrind run a monthly event called SLAP (Speak.Learn.And.Pit­ch.) at the Dream Office at C Asean on the first Tuesday of every month. We asked organiser Pavel Laletin from TechGrind how the event works:

We usually have 10-15 different startups pitching, and 20-50 people attending. We focus on the pitch / presentation at the event, not how good or bad the idea is. We just want to make sure that the audience understands what they do and gets the idea fast. It should be a 5 minute pitch with 10-15 slides and 5 min Q&A / feedback from mentors and audience.

 

13411913_617351035099748_863781410331600628_o

If you're interested, you can register for the next event which will be held Tuesday, September 6, 2016

at 6:30 PM on their Meetup page.

ลงทะเบียนเข้าสู่ระบบ เพื่ออ่านบทความฟรีไม่จำกัด

No comment

RELATED ARTICLE

Responsive image

SCB Yuan Pro Rata Forward Service pioneering online forward foreign exchange for entrepreneurs

SCB Yuan Pro Rata Forward, a tool to manage exchange rates effectively and mitigate risks associated with Yuan fluctuations....

Responsive image

DataX shines in AI and LLMs personnel talent, securing dual global honors at "NeurIPS 2023 Challenge"

DataX ultimately clinching two prestigious awards at the "NeurIPS 2023 Challenge," hosted by AI at Meta and Microsoft Research in New Orleans in the USA....

Responsive image

Palo IT Unveils Groundbreaking 'Matcha Initiative' to Revolutionize Technology and Foster Innovation

Palo IT, a leading technology company, has recently introduced the innovative 'Matcha Initiative,' aiming to bring about a transformative shift in the tech landscape...