This is a great time to find a startup, but unless you plan to bootstrap it, you’ll have to do the painstaking task of creating a pitch deck.
This can be a very stressful process, as it has so many impacts on the results. With compelling decks, you need to come up with data-driven answers to existing questions.
Can you plan for a year-on-year profit triple? What is your ideal product use case?
The full TechCrunch + article is only available to members.
Use a discount code TCPLUSROUNDUP Get 20% off 1-year or 2-year subscriptions.
It’s tempting to make overly sunny forecasts or copy what worked for others, but your marketing isn’t meant to impress.
According to Jose Cayaso, CEO and co-founder of Pitch Deck Design Agency Slidebean. Five slides that almost all founders miss Mark:
- Go to the market
- Use case / target audience
- Possible results
He uses examples such as Airbnb and Uber to share some strategies to avoid the most common pitfalls, along with the pitch deck framework that Slidebean uses on most clients.
“Remember that pitch decks need to accomplish two things: tell the story of the company and convince investors that they can make money with it,” says Kayasso.
Thank you for reading; have a great weekend.
TechCrunch + Editor-in-Chief
Dear Sophie: Do you have any advice on new employee visa issues?
I work in an early stage startup and are responsible for hiring and other personnel. I feel deep in trying to understand the visa issues for recruitment and future recruitment.
Do you have any advice?
— Double in Daily City
IVP Claims: First Viable Product
Conceptually, the Minimum Viable Product (MVP) has given the founders maximum flexibility.
According to Aron Solomon, chief strategy officer at Esquire Digital, the goal is to continue shipping until product and market compatibility is reached, but with the pitfall of “the smallest is a sliding scale that always slides.”
Instead of putting the MVP on a pedestal, he suggests adding an Initial Executable Product (IVP) to the roadmap.
“If the IVP is a presentation of unbaked pepperoni pizza, the MVP is when presenting a can of sauce, a package of cheese, a slim gym, a pencil drawing of an oven.”
This is where MLOps is accelerating the adoption of enterprise AI
The concept of MLOps has attracted attention as some concrete best practice for working with machine learning (ML) models, but it is maturing into a stand-alone approach to managing the ML lifecycle.
According to Ashish Kakran, Principal of Thomvest Ventures, this evolution has played a key role in helping companies adopt and adopt ML and AI.
In a TechCrunch + post, Kakran points out some of the challenges companies can address with MLOps.
- Collaboration between teams to implement ML
- Integration with ML tools
- Model lifecycle management
- Introducing the ML model to the production environment
- Regulation and compliance
- Accelerating AI adoption
Investors are betting that Sweetgreen will make a sweet amount of green
Americans are famous for not eating vegetables, but the salad chain Sweetgreen has had a lot of success in the public market.
The company exceeded its planned IPO price of $ 28 per share and was trading at nearly twice that price shortly after its debut.
Its pricing and about nine times the result reflect the fact that the market now considers technology-enabled businesses such as Sweetgreen, Allbirds, and Rent the Runway to be about the same value as the 2015 software business. Alex Wilhelm writes.
“How can I call it something other than victory?”
4 Strategies for Setting Marketplace Takerates
The founders of e-commerce platforms may want to set transaction fees slightly higher than originally planned, but greed is not always good.
According to angel investor and product manager Tanay Jaipuria, raising the take rate by 1-2 points will allow you to make early profits when you need them most, but “the higher the take rate, the lower the trading volume.” Therefore, opportunity costs are incurred.
He advises that take rates should directly reflect the stage of the business, as higher-rate platforms have lower transaction volumes.
To find out how different companies are using this lever, Jaipuria surveyed the take rates of over 25 marketplaces, including Apple, Shutterstock, and OpenSea.
“It’s important to remember that maximizing platform acquisition rates is not the goal for founders,” he says.
Are rivals snacking at Instacart’s major grocery delivery market?
San Francisco is outlier, but walking in a residential area shows how successful Instacart was during a pandemic.
Almost every restaurant has a handwritten “Instacart pickup here” sign, whose driver is now delivering everything from Safeway groceries to Walgreens prescriptions. I’ve seen several times my neighbors accepting Bobati’s delivery.
However, after The Information reported that distribution platform growth had peaked in 2021, Alex Wilhelm collected data from competitors Amazon, Walmart, DoorDash, and Uber, “taking Instacart’s core business. I checked if it was.
Are you that weed sucking green enough?
The North American legal cannabis industry is about 10 years old, but many stakeholders are developing frameworks “to ensure that the industry is on the right track.”
Twenty companies have formed a coalition to promote sustainability practices aimed at reducing energy and water usage as well as emissions. To “green”, they are researching new technologies like LEDs and traditional agricultural practices.
Stephen Doig, Senior Research and Strategic Advisor at the Institute for Energy and Social Sciences, Arthur L. Irving, Dartmouth College, said:
“Now understand correctly [will] Make a big difference. “
Unicorns Braze and User Testing start public life in different ways
In the field of software, even the slightest difference in metrics can affect a company’s fate when exposed.
Both Braze and User Testing provide a way to centralize and optimally use customer data, and their growth indicators are very evenly matched. Still, when it was released earlier this week, Braze’s price was above that price range and User Testing’s price was below.
“These metrics (I’m not going to compare vanity metrics to be kind to the S-1 scribler because the software TAM these days is so big) are to give a multiple difference in the earnings we see. Seems to be enough, so please explain the difference in IPO pricing between the two companies, “writes Alex Wilhelm.
5 pitch deck slides to fix, initial viable product, MLOps acceleration – TechCrunch Source link 5 pitch deck slides to fix, initial viable product, MLOps acceleration – TechCrunch