What persuades an investor to write a check for an entrepreneur’s raw idea? We spoke with active angel investors and venture capitalists, as well as scouring the Web, to compile a list of some of the best startup pitches ever.
From those, we learned a few things to keep in mind if you want to make a great pitch.
If you don’t grab people within the first minute, they’re going to start checking their email.
Tell the story through the problem. It needs to be a story about problems and solutions.
Have a concrete business plan and drive home how you’re going to make money.
Know your material, and keep the energy up.
When pitching directly to an investor, make sure you say what you’re going to do with the money.
Finish strongly and sum up why someone should invest in the company.