Lately I have noticed an increase in entrepreneurs coming into USV and talking to us about their business without the use of a deck.
I don’t know what to make of that to be honest.
But I like it for a bunch of reasons.
It allows for more conversation and less presentation.
It also shows that a founder or a team can talk about their business intelligently without the “crutch” of a deck.
I am NOT recommending that anyone take this approach. I like to see our portfolio companies use decks when they raise rounds and we help them improve these decks as part of helping with the fundraise process.
But as a receiver of pitches, I do like the unscripted conversation.
It tells me a lot about the team.