At the Founder Showcase we’ve seen over 800 startups compete. And while generally most people knock it out of the park, there are definitely rookie mistakes being made all the time.
Here are the top four things you should avoid doing in any pitch competition:
- Ignoring the 800 lb gorilla in the room. There are many great pitch templates and resources out there, but that doesn’t mean you can simply swap in your information and go pitch. Every business has a very obvious red flag: Identify yours and dispel the doubters.
- Not providing post-funding milestones. When you were 12 you wouldn’t ask your mother for a dollar without telling her what is was for. So, why would you ask investors for millions without telling them the business milestones their money will be used to achieve? The more specific, the better.
- Not showing enough product. Seems obvious enough, but still…
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