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Did you know?
- Time Spent by Investors: In 2022, investors spent 24% less time looking at pitch decks compared to 2021. On average, they spend just under three minutes reviewing a deck. For decks that fail to raise funding, this time drops to just 2 minutes and 13 seconds.
- Lack of Financial Information: Surprisingly, only about 25% of startup decks included financial information. Significantly, none of the failed decks had financial slides, indicating the importance of financial details in successful fundraising efforts.
- Missing Competition Analysis: A common omission in unsuccessful pitch decks was the competition slide. Providing an overview of the competitive landscape is essential, yet it was frequently missing in failed decks.