CoverCover slide
Say what the company does before anyone has to ask.
1,771slides100%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- A sentence a stranger could repeat correctly afterwards
- The company name, and what category it is in
- A date, so the reader knows how current this is
The usual mistake
A tagline that sounds like a brand and explains nothing. If the reader has to reach slide three to learn what you sell, the cover has failed.
ProblemProblem slide
Establish that something is broken, and that it is worth money to fix.
893slides35%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- Who has the problem, specifically enough to picture them
- Evidence it is real: a number, a quote, a behaviour people already pay to work around
- Why it is still unsolved
The usual mistake
Describing an inconvenience rather than a cost. A problem nobody pays to avoid is a feature request, not a business.
SolutionSolution slide
Show that your answer fits the problem you just described.
791slides31%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- A direct line from each part of the problem to a part of the answer
- What is actually built, as opposed to intended
- Why this approach and not the obvious one
The usual mistake
Describing the product's mechanics instead of its effect. The reader wants to know what changes for the customer, not how the pipeline works.
VisionVision slide
Show where this goes if it works.
548slides24%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- A second act that follows from the first
- Why this company would be the one to get there
- A reason the outcome is large
The usual mistake
Vision in place of evidence. It belongs after the traction slide, not instead of it.
FinancialsFinancials slide
Show the numbers hold together and that you know which are assumptions.
344slides14%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- The two or three drivers everything else follows from
- Costs as well as revenue
- A stated runway
The usual mistake
A five-year hockey stick with no stated assumptions. The forecast matters far less than whether you can defend the inputs.
MarketMarket slide
Show the opportunity is large enough to matter, and that you understand its shape.
2,083slides62%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- A number built from the bottom up (customers times price) rather than an analyst's total
- The segment you can actually reach first
- Why the market is growing, or changing, now
The usual mistake
A three-circle TAM diagram with a trillion-dollar outer ring. Every reader has seen a thousand of these and discounts them entirely; a credible small number is worth more than an incredible large one.
ProductProduct slide
Make the thing feel real.
1,897slides52%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- Something that looks used rather than designed, with real data and real states
- The one screen that carries the value
- Enough detail to tell whether it exists
The usual mistake
Six screenshots at thumbnail size. One screen, large, with a caption saying what to notice, beats a gallery nobody can read.
Go to marketGo to market slide
Show you know how customers are actually reached, and what that costs.
448slides19%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- One channel you have evidence for, not five you might try
- Cost of acquiring a customer against what they are worth
- The sales motion: who sells, to whom, and how long it takes
The usual mistake
A list of every possible channel. Naming five is a way of saying none has worked yet.
ValidationValidation slide
Let somebody else make the claim for you.
979slides36%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- Named customers, or a description precise enough to be checkable
- What they actually do with it
- Press that says something specific rather than that you exist
The usual mistake
A wall of logos where most are pilots or trials. A reader will ask which are paying, so it is better to say so first.
TractionTraction slide
Show the thing is working, with numbers that cannot be reframed.
583slides26%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- A consistent metric over a consistent period, with the axis labelled
- Retention or repeat behaviour, not just cumulative totals
- The absolute number, not only the percentage
The usual mistake
A cumulative chart, which only ever goes up and therefore says nothing. Show the monthly figure; a reader who has to convert your chart in their head will assume the worst.
CompetitionCompetition slide
Show you know who else is in the room and why you win.
487slides22%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- The real alternatives, including doing nothing and using a spreadsheet
- An axis pair that a competitor would also agree describes the market
- What is hard to copy
The usual mistake
The two-by-two where you occupy the top-right corner alone. Naming a strong competitor honestly buys more credibility than a grid that flatters you.
Business modelBusiness model slide
Explain how money arrives, and whether it keeps arriving.
334slides16%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- Who pays, how much, and how often
- Gross margin, or enough to work it out
- Whether revenue repeats or has to be won again
The usual mistake
Pricing with no unit economics beside it. A price is not a model until the cost of delivering it is on the same slide.
The askThe ask slide
Say what you are raising and what it buys.
438slides19%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- The amount, and the months it funds
- The specific milestone it reaches
- Roughly how it splits between people, product and go-to-market
The usual mistake
An amount with no milestone. The question a reader is answering is not 'can they use this money' but 'what will be true when it is gone'.
TeamTeam slide
Answer why this group, rather than any other, gets to solve this.
1,825slides48%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- The specific thing each person has done that bears on this problem
- How long you have worked together
- The gap you know you have, and how you plan to fill it
The usual mistake
Logos of past employers with no claim attached. Working at a well-known company is not experience of the problem.
RoadmapRoadmap slide
Show you have thought past this round.
127slides6%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- Dated milestones rather than themes
- What each milestone unlocks
- Something that can be checked against later
The usual mistake
A timeline of features. A roadmap of outputs tells a reader nothing about whether the business works.
ContactContact slide
Make the next step obvious.
960slides50%of decks carry oneWhere it sitsfirstlast
What a reader looks for
- A name and an address
- What you want to happen next
The usual mistake
Ending on 'Thank you' with no ask and no contact details.