Entrepreneurs should add slides about coronavirus to their pitch decks


  • The coronavirus pandemic is shifting each the type and the substance of the fundraising course of for startups.
  • When it comes to updating your slide deck for digital pitches, the CEO of a design service says you should add a slide or two to tackle how the pandemic is affecting your corporation.
  • Based on the pandemic’s influence on gross sales, there are particular questions you should reply if your corporation is rising, shrinking, or holding regular.
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As the continued coronavirus pandemic continues to complicate in-person gatherings, startup founders are having to re-tool their strategy to elevating capital in a digital surroundings.

To discover out what modifications are wanted to make a successful presentation beneath the brand new circumstances, Business Insider requested Jose Cayasso, who goes by Caya and is the founder and CEO of Slidebean, a design and advertising service that caters to early-stage startups.

Slidebean’s providers helped one startup haul in a $36 million Series B, and Caya’s YouTube channel is a go-to supply for from-the-trenches recommendation about launching and rising a enterprise.

When it comes to updating your slide deck for digital pitches, Caya says it nonetheless should primarily mirror a transparent abstract of your corporation and the place it is headed, however that you just should add a slide or two to tackle how the pandemic is affecting your corporation.

Caya types all revenue-generating companies into three classes, primarily based on the pandemic’s influence on gross sales, and has particular questions you should reply if your corporation is rising, shrinking, or holding regular.

If enterprise is booming, say so

The pandemic just isn’t treating every enterprise equally, and a few are seeing important gross sales development because of the disruption.

“This is the easy one,” Caya mentioned. “I expect these companies are in a great position to raise.”

If your corporation is on this state of affairs, be certain that to add a slide that communicates the insights that your group has realized that may allow you to continue to grow.

You might also need to add a slide that explains how you’ll efficiently scale up and handle your group in a distant vogue.

If gross sales have held regular, chances are you’ll be within the clear

Caya places Slidebean on this class — gross sales did not shift considerably through the peak of the pandemic.

“If revenue has remained unaffected through April and May, then it would seem that the worst risk for these companies has passed,” he mentioned.

Even although your corporation could have fared effectively throughout this time, Caya says traders will nonetheless need to know the way your organization tailored to the altering surroundings, and what you might be doing to place your self for no matter comes subsequent.

If your corporation is in bother, present what you might be doing to put it aside

Investors aren’t all in favour of rescuing troubled companies, and founders should be ready to present the measures they’re taking to flip issues round.

“These companies need to ensure that the round doesn’t feel like a life boat.,” Caya mentioned. “I would do everything I can to position the pitch as a unique opportunity to invest, at a discount, in a business that will thrive when the situation improves.”

Before you try to herald new backers, you will want to exhibit that the corporate has made the mandatory changes to navigate the following six to 12 months by itself.

Outline these modifications in a slide, present a transparent forecast about how far your new runway will get you, and take a look at to shed some gentle on what circumstances would allow your corporation to regain its footing.

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