Devtank cmt

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The document provides tips and guidelines for pitching to investors and securing funding. It emphasizes knowing your audience and their interests, clearly explaining the problem, solution, market size, competition, business model, team, and financials. Pitch presentations should be memorable yet concise, grabbing attention without overwhelming the audience with too many wordy slides or technical details. The goal is to pique the investor's interest and leave them wanting more information.

Empresariales

© Copyright THUS Group plc 2005. All rights reserved.
What makes a good / bad pitch
Steve Karmeinsky

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Know your audience and what they want

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
You’re selling yourself / company / team

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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Company purpose

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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Problem

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Solution

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Why now?

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Market Size

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Competition

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Product

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Business Model

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Team

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Financials

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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Pitch should grab attention

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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Memorable

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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Just enough information

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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You want the investor to want more

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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Always know your how you’re going to monetise

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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Never makes slides too wordy
 You can read
 Faster than I can talk
 It’s information overload
 Lets include a complicated graph too
 It’s boring
 A picture IS worth a thousand words
 After one thousands words you’d be asleep
 Why didn’t I just give this as a hand-out?
 Wow I can type
 Are you glad you’re here?
 Are you bored yet?
 Wake-up

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Technology for Technology’s sake

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Build it and they will come

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Strategy is to exit to Google/Facebook/etc

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Build our user-base, then work out monetisation

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
City Meets Tech so far

© Copyright City Meets Tech Ltd 2013. All rights reserved.
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Reasonable success rate with funding

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Next pitching event 20th June 2013
 Can apply
 http://citymeetstech.com/ under News
 http://citymeetstech.com/2013/05/applications-now-open-for-june-20th-pitch-event/

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Looking to set-up a seed fund

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Looking to set-up a seed fund
SEIS

© Copyright City Meets Tech Ltd 2013. All rights reserved.
Devtank
Thank you for listening!
Email: steve@citymeetstech.com / steve@gbnet.net
@stevekennedyuk
@citymeetstech
http://citymeetstech.com
http://facebook.com/citymeetstech
http://www.linkedin.com/groups/CityMeetsTech-4005478
Also
http://www.sequoiacap.com/ideas
http://www.slideshare.net/slidesthatrock/how-to-pitch-a-vc-redesigned

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20. © Copyright City Meets Tech Ltd 2013. All rights reserved. Devtank Never makes slides too wordy  You can read  Faster than I can talk  It’s information overload  Lets include a complicated graph too  It’s boring  A picture IS worth a thousand words  After one thousands words you’d be asleep  Why didn’t I just give this as a hand-out?  Wow I can type  Are you glad you’re here?  Are you bored yet?  Wake-up

27. © Copyright City Meets Tech Ltd 2013. All rights reserved. Devtank Next pitching event 20th June 2013  Can apply  http://citymeetstech.com/ under News  http://citymeetstech.com/2013/05/applications-now-open-for-june-20th-pitch-event/

30. © Copyright City Meets Tech Ltd 2013. All rights reserved. Devtank Thank you for listening! Email: steve@citymeetstech.com / steve@gbnet.net @stevekennedyuk @citymeetstech http://citymeetstech.com http://facebook.com/citymeetstech http://www.linkedin.com/groups/CityMeetsTech-4005478 Also http://www.sequoiacap.com/ideas http://www.slideshare.net/slidesthatrock/how-to-pitch-a-vc-redesigned

Notas del editor

Define the businessSingle sentence
Customer pain?How is it addressed today?
Your company’s value proposition to make the customer’s life betterWhere your product fitsUse cases
Historical evolution of your solutionDefine recent trends that make your solution possible
Identify/profile the customer
Competitors and their advantages/disadvantages
Product Line-up (form factor, functions, features, architecture, IP)Development roadmap
RevenuePricing
FoundersManagementBoard of Directors/Advisors
Profit and LossBalance SheetCash FlowCap tableThe deal
it will take us a certain sized user base to deliver on the revenue model
Each company had 3 minutes to pitch, 2 minutes Q&A
Each company had 3 minutes to pitch, 2 minutes Q&A
Will be same format as last timeLooking for early stage companiesYou must be actively raising an angel/seed round of £50-400kYou will have created a working prototype of your productYour company is in the internet or software space (no medtech, biotech or semi’s)You and your cofounders are working at your startup 100% of the timeThere is some flexibilityIt’s up to the companies to network, City Meets Tech does NOT get involved in the financing/etc
Hoping to partner with UCLl to form an FSA approved LLCWill invest into SEIS companiesGet cash from city
Hoping to partner with Merchant Capital to form an FSA approved LLCWill invest into SEIS companiesGet cash from cityCurrently a loose agreement from LBS to help with the fund by potentially providing filtering capabilityAnd then to provide LBS students for intern work or on a project basis

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