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I have long advised startup companies that if you don’t control your messaging somebody else will and your potential customers will form impressions of you shaped by somebody else or by nobody at all. For 1991 I was very technical and also had a lot of practical business implementation experience in technology. ” F**k.
I spent nearly a decade building software for large companies and then advising companies on the same. He would have found somebody technical and inspired that individual to work for equity or deferred payment. We missed our sales target by more than 66% for the year but we had great slides explaining why.
I would argue that this mostly consists of consumer Internet companies (although not exclusively) and it is predominantly early-stage people who are product gurus and have a mildly technical bend to them. I think the norm in the industry is still to see Powerpoint slides and I wouldn’t hold this against anybody.
The team needed would consist of at least 1 non-technical business person (me) and 2 or more technical people—designer and developer. I was only able to create a team with non-technical business people and a designer. The next day, the technical team started coding away, building a cool game for developers to battle skills on.
In my years of advising startups, and also as an occasional angel investor, I still recommend this set of best practices to prepare you for platform applications: Formalize a business entity immediately. Prepare a slide deck to highlight product and business.
Try to compile all the different types of questions you could be asked about your business, like technical details, financial assumptions and projections, marketing, IP, etc., Try to keep the presentation tight, 10 slides is ideal,” Gruber said. Also keep the slides clean and easy to read. and prepare a response. Less Is More.
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