There will be three phases to the training to help you hone your pitch for Paddy’s Valley Week
- Thursday 13th September before DemoBar
- Late October
- During the trip
Looking forward to meeting all those taking part in the first phase next week. The second phase will be much more in-depth and take at least a full day. Details to come.
Thursday will look like this:
- Starts at 2pm on Thursday 13th September in Ely HQ on Hanover Quay Dublin
- A panel of 4 will be present to listen and advise
- You will have ten minutes to do a pitch followed by 20 minutes of feedback
- There won’t be a projector/screen but they are happy for you to bring laptop or thumbdrive with demo/collateral to use. It might make most sense to speak for perhaps 2-3 minutes to give the elevator pitch and then drill into the detail sitting down using a laptop
- Effectively they are trying to simulate the scenario in DemoBar or at Paddy’s Valley where you probably won’t get to present a deck
- The panel have mentioned some points to consider:
- Start the pitch by saying where the business is in its lifecycle so that the tenor of the subsequent conversation is a balanced one and nobody is overselling
- Outline the company’s situation today
- Business model (how is it monetised)
- Describe the complication or problem that the industry / customer faces, that your product solves and why has it arisen?
- What is the proposition that the company is proposing to solve the problem etc…
- This should lead in to a discussion on how unique is the company’s proposition versus competition and how does it break down into a competitive advantage across product, pricing, distribution etc….
- Any market validation from customers is always highly regarded by VC’s.
- Have a fix on your finance requirements for the short to medium term
- Nice deck on Pitching
- And of course, Mr Kawasaki
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