full image - Repost: Yes, we just did our first pitch at Angel launch. Here are our thoughts (from Reddit.com, Yes, we just did our first pitch at Angel launch. Here are our thoughts)
Mining:
Exchanges:
Donations:
Overall, the pitch event was less intense than we expected. While some startups were impressive, there were also several companies that either struggled with their presentation or had less compelling products. We observed some interesting patterns and wanted to share our thoughts:At pitch conferences, you’ll encounter different types of attendees, but only serious investors truly matter. Engaging with others can take up time without yielding much benefit.Serious investors: Proactive, they enjoy answering founders' questions and are often surrounded by people, engaging in discussions.Networking investors: A bit more passive, they rarely give feedback and seem primarily interested in making connections, often asking founders to sign up for their platforms or incubators.Sales and marketing folks: They’re not there to invest but to sell their products or services, like contractors or SaaS solutions.Job seekers: They’re looking for opportunities and often inquire about job openings at your company.Curious bystanders: They’re just passing by, find your pitch interesting, and ask for a brief introduction.We made a few mistakes during our fast pitch session (3 minutes):We included too much content on the slides, and the judges couldn’t keep up.The font size was too small for such a large venue.We spoke too quickly, trying to cover every feature of our product, which wasn’t realistic.We realized we needed a big screen or poster at our demo table to attract more attention.Our pitch outcome was mixed—one investor showed strong interest, but most were hesitant since we’re in an early phase without revenue. Unfortunately, many investors are now more conservative, preferring to invest in profitable companies.Despite this, we made some valuable connections and received helpful advice to support our growth. It's clear this isn’t a one-time solution—it’s a long journey. Some founders mentioned it might take years to find product-market fit and the right investors.Our product resonates well with young professionals and graduates, who’ve been incredibly supportive. Thank you all!The competition is fierce, but the most intense part wasn’t the fast pitch itself—it was the follow-up at the pitch table. We had to do rapid pitches all day, sometimes up to 10 in one day. So, be sure to have some chocolate or snacks on hand and be ready to keep pushing.Good luck to everyone! Wishing everyone success in securing the perfect funding soon!
Social Media Icons