David Aslin of Nexit Ventures shared some pitch ideas this morning at an event this morning in Palo Alto. David’s focus is on telecom companies. Each company had ten minutes to discuss there pitch and get feedback on what best to say, gain insight on some of the questions they could expect and ensure that they covered all major aspects.
Main points? What is the problem you want to solve – be very specific. What will you bring to market that the conventional competitor cannot? How will you bring it to market – have you identified the low hanging fruit, i.e. the easy business that you will first approach? What are your funding plans. What is the exit – who, why, when – based on a long term business plan. What is the competitive environment.
How big could company get. Look at TAM (total available market) SAM (served acceptable market) SOM (share of market)