All – I have been thinking of creating some real ‘ELEVATOR PITCHES’ for YouTube, TV content. It can be a nice way to show entrepreneurs on mass media and also get their projects to potential investors.
A deck is below – review it and let me know what you think?
Abey John
Good move. Now there will be some steel, stone, sparks, n blood. 🙂
There may be some ideas we love so much and we wouldn’t want to put it on so public a platform. How would you counter that?
Also, in order to make the elevator pitch what’s the qualifying criteria for the VC seeker? Is this the classic pitch to VCs funding an existing startup with potential or do we get idea funding angels too?
Alok Rodinhood Kejriwal
Abey, There is no value in an idea that you cant put on a platform. I will love to blog about this…
The elevator Pitch will be for anyone – with some semblance of a pitch.
Abey John
Please do, would love to hear your thoughts on this….
Amarendra Srivastava
Hi Alok,
Great Idea! Now, on to execution 😉
More than technical editing and packaging, it is seems your choice of basic workflow would impact how you wish to execute this idea. For example, would you have a mechanism/support process for each entrepreneur to create a ‘killer’ pitch? A likely workflow could be:
1. An entrepreneur submits a pitch and after a few to-and-fro feedback, reviews and editing of the script / PPT, you give the nod to have it shot.
2. The entrepreneur self-shoots a pitch personally (or maybe gets a professional shoot done depending on his/her budget and emails to you). OR, your team shoots the pitch face-to-face or electronically.
Alternatively, maybe you will choose to upload almost all Video Pitches that you receive with minimum filtering and let the community take over.
Either ways, it would be interesting to see your approach, but the the work can start right away 🙂 Once you send out the word, pitches should pour in.
Amit Thaker
you gota make it simple, entrepreneurs just upload their videos like youtube, as simple as that, its a JACKPOT idea, Alok you doing it ?
Alok ‘Rodinhood’ Kejriwal said:
Alok Rodinhood Kejriwal
Don’t know…not sure about the quality of the video etc…
Amit Thaker said:
Abey John
Uploading videos is a piece of cake but getting made is another story. Easier are PPTs embedded in Scribd or something.
Amit Thaker
Abey sorry didnt get you, its like youtube, but i think its gonna be bumpy in the beginning but in the long run its gonna get better for sure, cos there are millions of hungry entrepreneurs who want to be seen and what best then this media it could be, the question would be how many VCs would really go about this, it would be like 1000:5 ratio, 1000 ideas pitched and in front we have only 4-5 VCs really interested in something , the challnge would be to filter the ideas and present the best or may be rational pitches to VCs else VCs wont be interested…
Abey John said:
Abey John
Amit I agree doing a video pitch is a no brainer and the technology to do it quite cheaply exists. And maybe in another generation the video approach would be the defacto standard and PPTs will be considered old school relics of our past. Right now thought the current generation of entrepreneurs are largely textual. Video and posing is in front of the camera is about as natural to them as an elephant in lingerie (baring Kerala Tourism of course! ;)). Whats easier is doing a ppt or a PDF presentation. There will never be any ambiguity in that and whatever makes you self consciously twitch your nose and die in the retakes wont be there to bother you.
Amit Thaker
thats right, one more thing what it hink is that there are many ppl who have money and also willing to invest but have no clue where to go , whom to approach so its not just VC what we are looking for, we are lookin for someone or all of those who want to invest….dunno how it would go
Abey John
Well typically I’d steer clear of people with loose change in their pocket ready to throw at something. Better direct them to the stock market. A VC or an Angel understands the business of entrepreneurship and knows both the risks and difficulties a startup faces. The ones off the street have absolutely (typically) no conception of this and their expectation will be skyhigh and when they don’t see things happening in their time frame they’ll flip and become the biggest PITAs.
Not worth the grief. Wth a good VC or Angel they’ll leverage their other investments and the contacts in their network to get you business too. But more importantly the mentoring and guidance they give is priceless. Moneybags can’t just dump a sackful of coins. He/She needs to actively mentor the crew as well. The Loose Change folks think mentoring means control over the business and the ability to “orders” on how things “should” run. VCs and Angels know better.