Part 5: Common mistakes from 150+ pitch decks
We reviewed at least 150 pitch decks from start-ups across all verticals, stages, and regions in the last 12 months. We're also former investors and founders. Here's an overview of common mistakes we find in almost all decks:
Poor pitch deck hygiene
Disorganized decks
Design and grammar issues
Too many slides with too much text
Descriptive instead of action titles
Excessive use of abbreviations and industry jargon
Missing information
No funding ask
Product poorly explained
"How big can this get?" missing
Deck geared for customers, not for investors
Business judgment
Unvalidated assumptions
Biased competitive review
Top-down market sizing
Unrealistic revenue projections
"Services" or "agency" language
Funding ask
Funding ask too high for traction
Dangerously high valuation
Runway unrealistically short
Generic use of proceeds
Make sure to double-check your pitch deck, as you likely have some or all of the mistakes above as well.
We'll tell you more about key mistakes in subsequent posts.
Talk soon,
Rafael
PS: How do we help you? My team and I build pitch decks, review existing decks, and offer pitch simulations. Get in touch if you or someone you know may be interested.
PPS: This mini course is based on our popular “Fundraising & Pitch Deck” newsletter.