[TECHCRUNCH] Raising without a deck is more common than you think
[TECHCRUNCH] Raising without a deck is more common than you think
There are, in fact, people out there raising lots of capital without employing a deck at all. Here's how they do it.
[ sourced from TechCrunch ]
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This is the best summary I could come up with:
What’s more, according to conventional wisdom, your story should be supported by a pitch-perfect deck, too.
That said, there are, in fact, people out there raising lots of capital without employing a deck at all.
Before Michal Cieplinksi became the CEO and founder of fintech startup Capstack, he successfully founded several companies and invested in others.
Today, he has refined his story-telling chops to the extent that he doesn’t use a deck at all.
For Cieplinski, not using a deck yields a major benefit: You ensure that your startup is based on a real product and not a feature.
As Cieplinksi says, if your company is reliant on a proprietary product, you often have so much to explain to potential investors that you need a deck to help you.
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