Dating counter for myspace
What I’ve honorably been able to do, however, is share the deck I used to pitch Linked In to Greylock for a Series B investment back in 2004.This past May was the 10th anniversary of Linked In, and while reflecting on my entrepreneurial journey, I realized that no one gets to see the presentation decks for successful companies.It’s tempting to list multiple revenue streams because you’re trying to prove that you will be big.Yet when consumer internet companies do this, investors generally see a red flag.
Thus, our pitch framed Linked In as a platform for finding the people you need, which we called “professional people search 2.0″, making the parallel to Google because investors understood that Google was valuable.Any disagreement will likely cause serious problems down the road.Normally, you’d expect us to explain our product — i.e., what “professional people search 2.0” is.Neither is a particularly good backdrop for trying to raise capital, because Investors see a lot of pitches. What model/criteria/triggers do they use to judge whether a project will be successful or not?In a single year, the classic general partner in a venture firm is exposed to around 5,000 pitches; decides to look more closely at 600 to 800 of them; and ends up doing between 0 and 2 deals. If you don’t have some sense of their points of view, your likelihood of making the pitch go well is more random.