85-95% of startup candidates applying to an investor or accelerator/incubator program are rejected based on a 5-10 minute review of their pitch deck. Not based on their ability to execute. Not based on whether they are successfully validating anything. But on their ability to create a compelling pitch deck. And good candidates? Many rejected because they weren’t able to put a good enough pitch together and the opportunity cost is large and real. A great pitch is not a good indicator of successful entrepreneurship. We know that and scientific evidence backs it up. We also know that the best way to carry out in-depth due diligence to discover the value of a startup is exactly the same method that helps...
