56
Pitching Essentials by Can Ertugrul

Pitch Workshop Startup Live Istanbul 11/2012

Embed Size (px)

Citation preview

Page 1: Pitch Workshop Startup Live Istanbul 11/2012

Pitching Essentials by Can Ertugrul

Page 2: Pitch Workshop Startup Live Istanbul 11/2012
Page 3: Pitch Workshop Startup Live Istanbul 11/2012
Page 4: Pitch Workshop Startup Live Istanbul 11/2012
Page 5: Pitch Workshop Startup Live Istanbul 11/2012

Crowdsourced pitching advise

Page 6: Pitch Workshop Startup Live Istanbul 11/2012

COINflip Ventures

Page 7: Pitch Workshop Startup Live Istanbul 11/2012

We are flipping around the way early stage

investments are made

Page 8: Pitch Workshop Startup Live Istanbul 11/2012

“… most angel investors probably lose money on their deals… very few investments make money…”

* An unknown investor from the Valley

Page 9: Pitch Workshop Startup Live Istanbul 11/2012

56% of Angel investments exit at a loss*

* According to 2009 BBAA report

Page 10: Pitch Workshop Startup Live Istanbul 11/2012

Why?

Page 11: Pitch Workshop Startup Live Istanbul 11/2012

„We simply cannot predict…“

Page 12: Pitch Workshop Startup Live Istanbul 11/2012

http://www.bvp.com/portfolio/antiportfolio

Page 13: Pitch Workshop Startup Live Istanbul 11/2012
Page 14: Pitch Workshop Startup Live Istanbul 11/2012

PRODUCT DEMO

Page 15: Pitch Workshop Startup Live Istanbul 11/2012

We make at least ½ of all our Angel Investments successful *

* In average, instead of 56% Angel investments exiting at a loss in average, so at least +6% R.O.I.

Page 16: Pitch Workshop Startup Live Istanbul 11/2012

COINflip Ventures

%

BIZ MODEL

Page 17: Pitch Workshop Startup Live Istanbul 11/2012

Participants in Startup Events Austria

Available Risk Capital per Capita*

170 $

75 $

1.9 $ 5.6 $

* Estimations based on reports by EVCA (no significant increase expected)

Israel USA EU Austria 2005 2012

increasing demand BUT low supply

2011

Page 18: Pitch Workshop Startup Live Istanbul 11/2012

COINflip Ventures

Page 19: Pitch Workshop Startup Live Istanbul 11/2012

+ They do NOT have what WE have

COINflip Ventures

They spend too much time listening tp pitches and trying to predict the future

Page 20: Pitch Workshop Startup Live Istanbul 11/2012

No expensive Due Diligence

Page 21: Pitch Workshop Startup Live Istanbul 11/2012

BUT our BIGGEST unfair advantage is

something else

Page 22: Pitch Workshop Startup Live Istanbul 11/2012
Page 23: Pitch Workshop Startup Live Istanbul 11/2012

Board of Investors Board of Advisors

Thomas Tiroch

John Zerihoun

Vlad Stan

Benjamin Rohe

Bernhard Thalhammer

Lukas Hudecek

Matej Flacnik

Marco Vitula

Lukas Fittl

Thomas Tödtling

Roman Pable

Schien Ninan

Mark Tuttle

+ The Unknown Investor from the Valley

+ Colette Ballou

Page 24: Pitch Workshop Startup Live Istanbul 11/2012
Page 25: Pitch Workshop Startup Live Istanbul 11/2012

200+ events / year

Startup Acquisition Costs

Page 26: Pitch Workshop Startup Live Istanbul 11/2012

We are flipping around the way early stage

investments are made

Page 27: Pitch Workshop Startup Live Istanbul 11/2012
Page 28: Pitch Workshop Startup Live Istanbul 11/2012

We are flipping around the way YOU get money

Page 29: Pitch Workshop Startup Live Istanbul 11/2012

Backup Slides

Page 30: Pitch Workshop Startup Live Istanbul 11/2012

Founders: 30+ startup events / year

Investors Board: 70+ events / year

Advisory Board:

100+ events / year

Page 31: Pitch Workshop Startup Live Istanbul 11/2012

Daily Vists

Nov 31 Dec 1

20,000

10

Google Futurelytics

Just-a-flip-away.com

Page 32: Pitch Workshop Startup Live Istanbul 11/2012

Going Forward

Today Dec `12 Jan `13 Q1 `13 Q2 `13

Seed Phase

Term Sheets

Public Beta

Full Launch 10 Investments

50 Investments

Page 33: Pitch Workshop Startup Live Istanbul 11/2012

Crowdsourced pitching advise

Page 34: Pitch Workshop Startup Live Istanbul 11/2012

1. Most important topics for structure

2. Tipps for slide creation & preperation

3. Tipps for delivery

Page 35: Pitch Workshop Startup Live Istanbul 11/2012

1.Structure

Page 36: Pitch Workshop Startup Live Istanbul 11/2012

One Suggestion

In an ideal scenario, if you have enough time, you want to mention (only) the most important things

of following topics….

[Move Details to Backup Slides for Q&A]

Page 37: Pitch Workshop Startup Live Istanbul 11/2012

0. One-Liner

1. Problem

2. Solution & Product

3. Market & Potential

4. Team & Skills

5. Business Model & Going to Market

6. Competitors & Unfair Advantage

7. Facts, Figures & Traction

8. What do you need? (Outlook)

9. Backup Slides

Page 38: Pitch Workshop Startup Live Istanbul 11/2012

2.Preperation

Page 39: Pitch Workshop Startup Live Istanbul 11/2012

From 57th International Advertising Festival in Cannes

Slides as visual aids

Page 40: Pitch Workshop Startup Live Istanbul 11/2012

"If you can't explain it simply, you don't understand it well enough." - Albert Einstein

Page 41: Pitch Workshop Startup Live Istanbul 11/2012

Core

What is the core of what you do?

Page 42: Pitch Workshop Startup Live Istanbul 11/2012

"I am sorry I have had to write you such a long letter, but I did not have time to write you a short one” - Blaise Pascal

Page 43: Pitch Workshop Startup Live Istanbul 11/2012

K.I.S.S. the Core

Page 44: Pitch Workshop Startup Live Istanbul 11/2012
Page 45: Pitch Workshop Startup Live Istanbul 11/2012

Be or make it unique

Page 46: Pitch Workshop Startup Live Istanbul 11/2012

K.I.S.S. the Core

Prepare for audience

YOU

Page 47: Pitch Workshop Startup Live Istanbul 11/2012

3.Delivery

Page 48: Pitch Workshop Startup Live Istanbul 11/2012

You want to win!

Page 49: Pitch Workshop Startup Live Istanbul 11/2012

Engage audience

Page 50: Pitch Workshop Startup Live Istanbul 11/2012

Confident, not arrogant

Page 51: Pitch Workshop Startup Live Istanbul 11/2012

Hold eye contact

Page 52: Pitch Workshop Startup Live Istanbul 11/2012

Use plain & clear language

Page 53: Pitch Workshop Startup Live Istanbul 11/2012

Lessons Learned

Page 54: Pitch Workshop Startup Live Istanbul 11/2012

Colette

Dave

Pitchers who are roasted

Page 55: Pitch Workshop Startup Live Istanbul 11/2012

Watch video of „Roasted“ session at http://pioneersfestival.com/video-library/

General Feedback (last 4 mins) is very valuable

Page 56: Pitch Workshop Startup Live Istanbul 11/2012

stARTistsCANdo

Can Ertugrul