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Expertise
MenuPitch Decks - Traction Slides: How to Build FOMO When You’re Brand New
Created 7 years ago in Funding / Venture Capital
One of the most common questions I hear from startups seeking angel funding is how to show traction “when there isn’t any.”
The truth is, “traction” is really just a euphemism for “give me FOMO by showing me that people care about your product.”
FOMO: Fear of missing out.
You don’t have to have 100k users (or even 1000 or even any!) to excite a prospective investor. There are all kinds of ways to show this, even with a limited (or imminent) product release.
I’ve designed hundreds of fundraising pitch decks, and the traction slides are often the place where the storytelling arc of the deck is both the most vulnerable but also the greatest opportunity to “wow”.
But with good data and even a handful of excited users or user prospects, it’s very doable to address traction objections from would-be investors.
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Joey Katzen
Managing Director @ Hawaii Angels. Lead Mentor @ Blue Startups. Cofounder @ Vendormate. /// Multiple-exit Entrepreneur + Investor + Attorney.
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Joey has great energy, gets right to the point, and was immediately problem solving with me. Really enjoyed the call.
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