The Entrepreneur Fair
EP07 - Amit Karp - Rookie Pitching mistakes
Bessemer Ventures Vice President Amit Karp talks about the main pitfalls he sees from entrepreneurs when pitching. Amit sees hundreds of business plans and business pitches every month and he wrote an article on the 7 main pitfalls that he sees.
We talk about each of these 7 pitfalls in depth
1. Unrealistic Growth projections
2. Unreasonable Total Addressable Market (TAM)
3. 'This is our last round, we have lots of interest' threats to investors
4. Lots of logos in the deck.....with no revenue
5. Fake projections or assumptions
6. Stating an expected valuation
7. Calculating and stating a return to investors
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