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David Kessler, [email protected] 1 Pitching to Angel Investors Beyond the Basics

Pitching To Angel Investors

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David Kessler,

[email protected] 1

Pitching to Angel InvestorsBeyond the Basics

David Kessler,

[email protected] 2

Do the Basics

Be organized

Look presentable

Speak English not jargon

Talk at a reasonable speed

David Kessler,

[email protected] 3

Beyond the Basics

Have fun!

Engage and respect your audience

Advance your goal – which is to get to the next stage

Listen to the feedback

Have fun!

David Kessler,

[email protected] 4

Have Fun

If you can make this search enjoyable, you’ll be more relaxed and probably do better

Share your enthusiasm

We want to learn about you and what you’re doing

David Kessler,

[email protected] 5

Engage and Respect Your Audience

Get us to care about you and your ideas

Know your audience Some groups are technical, others not

If your product is aimed at women under 40 with kids and your audience is mostly men over 50, adjust your pitch appropriately

Remember your asking for something –time, advice, introductions, money

If there’s a time limit, respect it.

David Kessler,

[email protected] 6

Advance Your GoalThe Next Stage

Your goal is to get to the next stage – which changes as you progress

Presenting to screening: next stage is to present to the whole group

Presenting to a group: next stage is to get into deep dive/due diligence and find a champion/deal lead

In diligence: you’re in discussion with interested people. Impress us, get recommended and get checks.

David Kessler,

[email protected] 7

Advance Your GoalLots of Deals Seeing Funding

Lots of angel groups

Most have members writing their own checks

In my group, Boston Harbor Angels, we see 40 companies/year

Many (most?) don’t get funded

David Kessler,

[email protected] 8

Advance Your GoalStand Out

You could be doing many things. Why this?

Keep your presentation crisp. Don’t try to tell us everything.

If you have a time limit, respect it. (I know I wrote this before, but it bears repeating.)

David Kessler,

[email protected] 9

Advance Your GoalKnow Your Business

Know how you’re going to market your product or service

Projections and exit plans are important –even though we won’t believe them They tell us:

How you think about your business and its potential

That you are capable of strategic thought

That you understand your market space

David Kessler,

[email protected] 10

Advance Your GoalKnow Your Competition

If you put up a feature chart be prepared to:

Explain why your view is right

Explain how a competitors version of the chart would appear

How and why you will win in the marketplace

David Kessler,

[email protected] 11

Advance Your GoalDue Diligence

Your audience is interested. Make us enthusiastic supporters.

Now you can tell us everything in detail

You’re still on stage, but now it’s more of a conversation

If you do well, your company will be introduced to other people/groups. Your supporters will want to share with their friends/colleagues.

David Kessler,

[email protected] 12

Listen to the Feedback

At each stage, you’ll get feedback. Pay attention.

We may be wrong, but remember that we may also be right.

Sometimes, you will get turned down but will be asked to fix some things and come back. There are follow-on chances.

David Kessler,

[email protected] 13

Summary

I hope these thoughts have been useful

I hope you are able to improve your presentations and chances of success

Enjoy what you do

…and have fun