Startup fundraising is hard. Dozens of experts offer pitch tips and tricks. But here, we offer a real-life example of a founder pitching investors at PitchForce, a weekly pitch event sponsored by PeopleConnect. After the founder delivers a 4-minute pitch, pitch judges ask a few quick questions, then provide specific feedback to the founder. We've shortened the process to save time and added an explanation to help you understand the rationale behind the feedback. Founders can learn valuable lessons to improve their fundraising pitch. Watch to the end for an explanation on how to act on the feedback!

In this episode #4 (of many), we discuss the importance of showing your traction. The startup that pitched in this video has an interesting idea, but it is unclear how much potential exists. To solve this problem, founders need to describe their traction, which gives investors confidence that the startup is viable.


RESOURCE LINKS:
Link to PitchForce website: https://bit.ly/3GgeLbe
Link to blog on Pitch Scorecards & important pitch criteria: https://bit.ly/3GZWcIO
Link to How to Build a Funding Strategy class: https://bit.ly/3KrrVo3


CHANNEL DESCRIPTION:
Fundable Startups provides coaching, training and tools to help entrepreneurs build healthy, fundable companies. Tired of startup soundbites that sound good but aren't actionable? We dive deep with our premium, visual training, focusing not just on what to do and why, but also how. Our content is built by Sam Wong, a five-time entrepreneur with three exits, author, and startup instructor. Our subscribers and followers regularly tell us that our training and content is among the best they've found.


Fundable Startups Website: https://bit.ly/2Tf1Kv9
Fundable Startups Academy: https://bit.ly/3PjAFQ7
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Fundable Startups Fundraising: https://bit.ly/3UHCDOJ
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