« In the world of startups and technology, statistics are like a miner’s lantern, they throw light in the dark and they also heat up! So take a look at what DocSend, the startup specializing in file sharing and tracking, has been lighting up recently. »
Today is your lucky day my dear readers! It seems that if your future fundraising holds, time is running out, and your VC’s patience slipping, DocSend’s statistics can help you. And thanks to TechCrunch +, I unearthed some interesting trends. Here are the main takeaways:
- The « why now » is becoming more and more of an essential factor for investors. It seems that they are eager for an irresistible reason to hold on to their precious money at this very moment.
- Your decks need to get to the point. Apparently, the average number of slides for a successful pitch has dropped from 19 to 16. Brevity is the soul of wit, and now it seems, the key to funding.
- It feels like you’re on a tightrope in today’s wobbly financial world. That’s why investors want to see that founders can balance their business right at the break-even point before swinging for profitability. Maybe it’s time for startups to become allergic to red numbers?
- The financial section in a pitch deck is now getting a whopping 60% more glance time from investors. So, if your startup’s balance sheet has seen better days, it might be time to give it a facelift.
- And last but not least, it seems that investors have fallen out of love with AI. Casually sprinkling some AI/ML keywords onto your pitch deck won’t work unless it provides a measurable advantage for your startup.
« The statistics of VC activity are like a miner’s lantern. They light up the dark, heat up and even explode sometimes. »
But enough with the number crunching! Let’s move on to another hot topic of the week – autonomous vehicles. It seems that the slogan « Move fast and break things » doesn’t fit quite right in this scenario. Especially not when regulators are telling Cruise, the self-driving car firm, to reduce its robotaxi fleet by 50% following a crash. Maybe the new slogan for self-driving cars should be « Move slow and please don’t hit fire trucks »?
However, the world of electric vehicles has its shiny moments too. How about a battery that can charge 400 km in 10 minutes? That’s what CATL, the battery supplier for Tesla, unveiled this week. Speaking of Tesla, they’ve been a little under the weather, grappling with data breaches, quality issues, and lawsuits. However, Musk doesn’t seem to be bothered as he’s preparing for a controversial experiment on his new platform.
Okay, let’s wrap it up! And remember, fundraising might be like walking on a financial tightrope these days, but at least you know that if you slip, it’s only a pitch-perfect deck and a solid financial plan away from laying your hands on that investor cash. And if you’re still not sure, there’s always the option to lean on AI and wait for it to take over the world. Just kidding, AI! Or am I? »
See you next week!
Source : Techcrunch
