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functional use with 1000 customers ? Seeking $500K$1M Series A round $ valuation – already closed $300K – meetings with 5 other VCs in next 2 weeks – targeted closing in 4 weeks ? Use of Proceeds / Product Roadmap / Goals – $300500K: hire 23 engineers, 1 marketing / sales, .5 PT customer support – $200500K: marketing campaigns customer acquisition – get to 25K customers, $1M revenue by end of year – estimated breakeven in Q4 / 09 $100K / month Additional Resources ? Dave McClure: – Startup Metrics for Pirates (AARRR!) – ZapMeals Sample Pitch Presentation – Master of 500 Hats Blog: “Greatest Hats” (top blog posts) ? Steve Blank: 4 Steps to Epiphany, Customer Development Methodology ? Eric Ries: StartupLessonsLearned ? Sean Ellis: ? Andrew Chen: ? Brad Feld, Jason Mendelson: ? Aydin Senkut: Felicis Ventures blog ? Mark Suster: Both Sides of the Table ? ? 。How to Pitch a VC aka “Startup Viagra” (pitchvc) Dave McClure 500 Startups, Master of 500 Hats SeedCamp Week London, September 2023 / DaveMcClure Essential Elements of your Pitch ? Elevator Ride (30sec quick pitch) ? The Money Shot (demo) ? Size Matters (market) ? Nice Number$ (customers + revenue) ? SuperHeroes RockStars (your team) * note: the above are teaser images… they don’t really mean anything。 they’re just here to capture your attention. Pitch MY PROBLEM (not YOUR SOLUTION) Post: “Your Solution is Not My Problem” [Pardon