Founding a Startup is tough. Getting a funding is even tougher. Entrepreneurs prepare presentations and do all the hard work, but sometimes it all goes in vain. The Founder Institute gets a list of rookie mistakes every entrepreneur should avoid when pitching Investors.
Topping the list is the estimate of $1B in revenues by year 5. A very basic mistake is not including any visual elements in the presentation. Not knowing TAM( Total Addressable Market) and SAM ( Serviceable Addressable Market) is also a big setback as this will impact your projected profits. Likewise, underestimating the variable costs thereby overestimating profit is a sure shot way to turn the Investors off.
This infographic from The Founder Institute is a must read for any entrepreneur who is looking for Investors.
Does AI need to be reined in? Will putting regulations on AI curb the progress…
By definition of the Merriam-Webster dictionary, ‘technology’ means ‘the practical application of knowledge especially in…
This is the second-last edition of this year's "Tech, What the Heck!?" newsletter. To commemorate…
Imagine you’re a fish who’s given up on the idea that a fishing net is…
The intersection of opportunity and vulnerability has never been more pronounced in today’s era where…
Although Europe’s tech sector has helped to deliver solutions that span the breadth from fintech…
