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The Perfect Pitch - Raising Capital for Your Startup

Apr 21, 2017

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Investor Relations

Joy Randels
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Page 1: The Perfect Pitch - Raising Capital for Your Startup
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Anatomy of the Pitch

•  It’s a conversation •  Short and sweet •  Audience specific •  Solve a clear pain point in the marketplace

and led by dynamic leaders

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Who’s in the Batters Box ?

•  Friends & Family •  Crowdfunding •  Angels •  Venture Capitalists •  Private Equity

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The Strike Zone

Why Investors Invest:

– They invest in your space – Convinced of opportunity & timing – Your Team can pull it off (done it before)

– A clear path of execution (see their return)

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Who’s On Deck

•  Tell the story •  Clear •  Compelling •  Inspire •  Motivate action

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Be CLEAR

•  Captivate •  Language & Leadership •  Energy & Execution •  Authenticity & Trust •  Relevance

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Be Compelling

•  Your Team – Matters the Most

•  Your deck – Sells the concept – Confirms your commitment – Shows Clarity of thought –  Introduces your brand

•  Your Idea –  Important but not as much as you think

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Own the Frame – Win the Game

•  The most skilled communicator presents •  Rehearse

– Pitchers & Catchers communicate •  Analyze your target

– Top Pitchers know what the Hitter wants to see

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The Batting Order Cover Slide Elevator Pitch Slide Team (If not notable, place after “Your Solution” to show who built it and why)

Board Members, Advisers & Future Hires Market Opportunity: Define Market, Size & Target Client - Size does matter. Market Problem Your Solution (1-2 slides)

Traction & Awards - Who are you & why you’ll kick everyone’s butt? Secret Sauce aka Competitive Advantages (Optional, slides 5 & 6) Competitive Landscape Business Model: Key Revenue Streams & Customer Acquisition Marketing Approach, Strategy, and Timeline Financial Projections The Ask: Capital Raise / $ Uses / Intros Closing Slide: Questions? Contact Details

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Stolen Bases Are Oh So Sweet!

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Who’s Winning at this Game?

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Cdling is Google for great innovators.

Problem: How to find Winners?

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A LINKEDIN ALTERNATIVE

Market Opportunity

•  LinkedIn has virtually no competition (online professional networking) NYSE: LNKD | Market Cap: $33.6 Billion

•  Potential user base is over 1 billion globally

•  Online advertising just hit $100 billion, growing 17% annually

•  Online professional services hit $5 billion, growing 12% annually

•  Online eCommerce just reached $1.5 trillion, growing 18% annually

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PROBLEM & SOLUTION

Problem:

LinkedIn lacks engagement, collaboration, contact/content management and commercialism. Simply put, LinkedIn grossly underperforms.

Solution:

Built-In Groups √ File Sharing √ Portfolio/Catalog √ Profile Headline √ Virtual Meetings √ eCommerce √ Virtual Roledex √

Webtalk sets itself apart not just by the features listed on the left, but also by offering a world class experience through design and customer service. Webtalk's revenue sharing affiliate program has proven to be successful at rapid user and revenue generation.

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© 2010 Velocitude, LLC – Proprietary and Confidential 4/7/15

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Solution Example

Velocitude helped AutoNation achieve its goals of providing superior customer service and generating incremental revenue with the following conveniences:

Find a Vehicle Find a Dealer from the Road Schedule Service On-The-Go

“Velocitude’s Mobile Platform was a quick and seamless integration with our main company website.  They learned about our business and helped us identify the key functions our customers need from a mobile device.  Our partner, Velocitude, continues to offer analysis and enhancements to constantly improve our relationship with our customers.”

Gary Marcotte Senior Vice President - eCommerce

AutoNation

Using the Velocitude Mobile Platform

Before After

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Solution: Keep Score.

Cdling is Business People Search 3.0

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PRODUCT TRACTION

•  Revenue: Averaged 5x LinkedIn's RPU during Alpha test ($5 per user per month/ $60 per year)

•  Cash Flow: Generated $20K during a two week Alpha test (1,000 users)

•  Users: Acquired over 87K pre-registered Beta users on Webtalk.co

•  Fans: 11K+ on Facebook | 16K+ on Twitter | 72K+ on YouTube

•  Featured In: The Tampa Bay Business Journal, Tampa Bay Times, Fox News & SAP Startup Forum

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Secret Sauce: SocialCPX (Commission Per Exchange) "The Most Lucrative Affiliate Network On The Planet" Webtalk's competitive affiliate network to CJ.com

SocialCPX is to Webtalk what Ad Sense is to Google

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Getting to the Playoffs •  Rule of 3’s

–  1/3 Getting to know each other –  1/3 Pitching –  1/3 Q&A

•  Presentation ready •  Don’t read the slides •  Watch yourself •  Timing is everything •  Be tactful and answer EVERY question •  Don’t Lie, bluff or be a smart-ass! •  Expect the curveball & prepared for ANYTHING!!!

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The Big Show

•  Sold Out Games •  Loyal Adoring Fans •  Team of MVP’s & Allstars •  You made the Playoffs •  Coaches & Owners are your Biggest Fans

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Commitment to Your Material Commitment to Your Audience

= AUTHENTICITY

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+ Fully understand the market and where your company fits.

Have a sound strategy for acquiring customers. Know how much it will cost and your retention rate. (COCA & ARPU)

Approach the meeting as a conversation. Be authentic !

Articulate why you need investor dollars and present a solid plan for how you will spend the money.

Have a solid focus for the business: Less is more !!

Attitude matters: Be likable & exhibit a strong work ethic.

Mastering Moneyball

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Joy Randels Founder & CEO New Market Partners

@joy_randels [email protected]