kbs+ Ventures Class 10 | Perfecting Your Pitch

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1 FELLOWS CLASS #10: PERFECTING YOUR PITCH FEBRUARY 5TH, 2015 Thursday, February 5, 15

Transcript of kbs+ Ventures Class 10 | Perfecting Your Pitch

Page 1: kbs+ Ventures Class 10 | Perfecting Your Pitch

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FELLOWS CLASS #10: PERFECTING YOUR PITCHFEBRUARY 5TH, 2015

Thursday, February 5, 15

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• DEMO DAY INFORMATION• PERFECTING YOUR PITCH• PITCHES FROM THE PROS!• BREAKOUT SESSIONS• QUESTIONS

IN TODAY’S CLASS...2

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LISTEN TO THIS PODCAST!3

ALEX BLUMBERG

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DEMO DAY INFORMATION4

FEBRUARY 19TH, 12-2P - HYDE SPACE• OFFICE HOURS NEXT WEEK TO FINE TUNE YOUR PITCH

• 4 COMPANIES WILL BE PRESENTING

• 8 MINUTES TO PRESENT

• 7 MINUTES OF Q&A FROM KBS+ MANAGEMENT AND LOCAL VCS

• FELLOWS ALUMNI, SENIOR KBS+ AND MDC MANAGEMENT IN ATTENDANCE• THERE WILL BE A PRIZE AND SURPRISES...! :)

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BE READY TO PITCH ANYWHERE...5

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WHAT’S MY POINT?

DECKS ARE A CRUTCH.TRAIN YOURSELF TO TELL A CLEAR, CONCISE STORY.

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AN INVESTORS CHECKLIST:

HOW BIG IS THIS MARKET OPPORTUNITY?

CHEMISTRY CHECK: DO I LIKE YOU?

DO I BELIEVE YOU?

HOW COMPELLING IS YOUR SOLUTION?

CAN YOU EXECUTE IT?

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THE PERFECT PITCH DECK8

WHEN YOU DO USE A DECK...NO MORE THAN 15 SLIDES. (REALLY 10 SLIDES)

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WHAT’S THE SET UP?9

PROBLEM SOLUTION

MARKET TEAM

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WHAT’S THE SET UP?10

PROBLEM SOLUTION

MARKET TEAM

•WHAT’S THE PAIN POINT?•WHAT’S BROKEN?

MAKE THEM FEEL THE PAIN...

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WHAT’S THE SET UP?11

PROBLEM SOLUTION

MARKET TEAM

• SHOW THE MARKET SIZE• KNOW YOUR COMPETITION• BE A DOMAIN EXPERT

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WHAT’S THE SET UP?12

PROBLEM SOLUTION

MARKET TEAM

•ELEVATOR PITCH•EXPLAIN (SIMPLY) HOW YOU SOLVE THE PROBLEM BETTER THAN ANYONE ELSE

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WHAT’S THE SET UP?13

PROBLEM SOLUTION

MARKET TEAM

• WHY ARE YOU THE PERSON TO SOLVE THIS PROBLEM?• EXPERIENCE AND TRACK RECORD TO EXECUTE

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WHAT ELSE SHOULD YOU INCLUDE?14

• BUSINESS MODEL: HOW WILL YOU MAKE MONEY?• WHO ARE YOUR CUSTOMERS? HAVE YOU VALIDATED THE NEED?• HOW ARE YOU GOING TO REACH / ACQUIRE THEM?• WHY IS YOUR STARTUP UNIQUE / BETTER? WHATS DEFENSIBLE?• FUNDRAISING ASK: BE SPECIFIC!• HOW WILL THE FUNDS BE USED?• BUSINESS GOALS AND MILESTONES FOR THE NEXT 12 MONTHS

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TIPS OF THE TRADE...15

THINGS THAT CAN BE WELL RECEIVED...

• CONVICTION • PASSION• REPEAT FOUNDING TEAMS

• DEAL HEAT - YOU GOT IT... #FOMO

...AND NOT SO WELL RECEIVED

• UNCERTAINTY • LIMITED MARKET EXPERTISE• UNBALANCED FOUNDING TEAM• TYPOS

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KBS+ VENTURES FOUNDERS PITCHES16

TODAY’S RULES OF ENGAGEMENT:

• KBS+ VENTURES FOUNDER AND CEO IN EACH GROUP • THREE, 20 MINUTE BREAKOUT SESSIONS• DEMO DAY PITCH PRACTICE - TELL THEM YOUR STORY• RECEIVE FEEDBACK ON YOUR STORY AND BUSINESS APPROACH• ASK THEM QUESTIONS!• EACH TEAM WILL MEET 3 FOUNDERS (OR ME/JOSH)

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KBS+ VENTURES FOUNDERS PITCHES17

BUT FIRST, LET’S HEAR HOW THE PROS DO IT.... IN 2 MINUTES EACH

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• OFFICE HOURS, NO CLASS• PRACTICE, PRACTICE, PRACTICE YOUR PITCH.• THIS IS THE LAST CLASS - 2/19 IS GO TIME!

NEXT WEEK...18

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CONTACT:

JESSICA PELTZ, [email protected]

JOSH ENGROFF, MANAGING [email protected]

QUESTIONS?19

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