Hi,
I started another thread about our baseball startup tech company 2-3 days ago and I was provided some great feedback.
I felt it would be positive to post our entire pitch deck in this thread for those who have the time to provide any feedback. @Knugs provided very in-depth feedback for me in the previous thread.
I attached the two youtube videos of our tech, because the file is a pdf, and won't play in the document if you choose to view it.
Slide
Part 1:
View: https://youtu.be/znE--KYJvfg
Part 2:
View: https://youtu.be/6RbrvFOmzxM
@Knugs provided us with negatives in these areas
File type
-file type issues with the .ppsx file that could be an initial turn off for investors when opening it. (a security warning in powerpoint)
Cover slide (Slide 1)
-Our logo should be changed.
-Our left catch-phrase is too long and complicated.
-The right phrase is out of touch and too long
-Overall the cover slide needs to be more concise and simple
Our Mission (Slide 2)
-Needs to more clearly state the problem
-Too much text
The Problem (Slide 3)
-We did not provide any evidence that kids are leaving the game because they cannot hit and also evidence that our solution solves that problem.
-This will leave potential investors wondering.
Our Solution (Slide 4)
-Liked it
Video Slide (Slide 5)
-didn't play, should take it out
Slides (7-8)
-If there are going to exist should have data and not fillers
Market (Slides 8-13)
-Bar graph may show investors the game is dying with the huge dropoff and cause fear
-Product market fit slide shouldn't exist, take it out
Venture Investment (Slide 15)
-Killed the pitch by asking for 5M
-No provided sales data (we have none)
-We have no funding rounds. We are in a pre-seeding.
-We didn't provide how much equity we would give away.
-Really have to justify 5M
Sales projections (Slide 17)
-We are app-based and each player would have an account on our platform. Our sales would be 1:1 even if we sold it to an organization (this is clarity on the slide)
-We make many assumptions that are not validated or backed up and the sales are questionable
-Maybe we could show the market for hitting instruction to show that parents are willing to pay for a hitting instructor, and our tech provides a direct substitute.
Scenario slides (Slides 19-24 not necessary)
Start up- cost slides (Slides 25-27)
-We are starting on expenses that are too high
-Starting salaries are too high for a pre-seed startup
-We should be seeking 200k instead
In our current set up we are a real bad investment case
Our facility cost is a red flag at 135k
We don't need a big team, and there is no justification for what each team member does, and their role.
He ends with we should stick to roughly 250k and give 15-20% equity for further funding rounds. Once we do sales and gain traction we can start another raising round.
We are better off creating a super lean-MVP that we can gain traction with. The traction will allow us to fundraise. By lowering the investment volume we can include more funds and BA's.
This was @Knugs feedback for our deck and business plan summarized. I cannot thank him enough for doing that! Thank you to everyone who takes the time to read this and provide feedback.
I started another thread about our baseball startup tech company 2-3 days ago and I was provided some great feedback.
I felt it would be positive to post our entire pitch deck in this thread for those who have the time to provide any feedback. @Knugs provided very in-depth feedback for me in the previous thread.
I attached the two youtube videos of our tech, because the file is a pdf, and won't play in the document if you choose to view it.
Slide
Part 1:
Part 2:
@Knugs provided us with negatives in these areas
File type
-file type issues with the .ppsx file that could be an initial turn off for investors when opening it. (a security warning in powerpoint)
Cover slide (Slide 1)
-Our logo should be changed.
-Our left catch-phrase is too long and complicated.
-The right phrase is out of touch and too long
-Overall the cover slide needs to be more concise and simple
Our Mission (Slide 2)
-Needs to more clearly state the problem
-Too much text
The Problem (Slide 3)
-We did not provide any evidence that kids are leaving the game because they cannot hit and also evidence that our solution solves that problem.
-This will leave potential investors wondering.
Our Solution (Slide 4)
-Liked it
Video Slide (Slide 5)
-didn't play, should take it out
Slides (7-8)
-If there are going to exist should have data and not fillers
Market (Slides 8-13)
-Bar graph may show investors the game is dying with the huge dropoff and cause fear
-Product market fit slide shouldn't exist, take it out
Venture Investment (Slide 15)
-Killed the pitch by asking for 5M
-No provided sales data (we have none)
-We have no funding rounds. We are in a pre-seeding.
-We didn't provide how much equity we would give away.
-Really have to justify 5M
Sales projections (Slide 17)
-We are app-based and each player would have an account on our platform. Our sales would be 1:1 even if we sold it to an organization (this is clarity on the slide)
-We make many assumptions that are not validated or backed up and the sales are questionable
-Maybe we could show the market for hitting instruction to show that parents are willing to pay for a hitting instructor, and our tech provides a direct substitute.
Scenario slides (Slides 19-24 not necessary)
Start up- cost slides (Slides 25-27)
-We are starting on expenses that are too high
-Starting salaries are too high for a pre-seed startup
-We should be seeking 200k instead
In our current set up we are a real bad investment case
Our facility cost is a red flag at 135k
We don't need a big team, and there is no justification for what each team member does, and their role.
He ends with we should stick to roughly 250k and give 15-20% equity for further funding rounds. Once we do sales and gain traction we can start another raising round.
We are better off creating a super lean-MVP that we can gain traction with. The traction will allow us to fundraise. By lowering the investment volume we can include more funds and BA's.
This was @Knugs feedback for our deck and business plan summarized. I cannot thank him enough for doing that! Thank you to everyone who takes the time to read this and provide feedback.
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