The Excel Starter startup screen appears, and a blank spreadsheet is displayed. In Excel Starter, a spreadsheet is called a worksheet, and worksheets are stored in a file called a workbook. Workbooks can have one or more worksheets in them.
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Similarly, when Aaron Patzer (Founder of Mint.com) described his Pitching Secrets to the Founder Institute, he outlined four main questions investors will ask themselves whever they evaluate a startup pitch:
This is another important slide that showcases customers love your product and are happy to pay for it. The Traction Slide should seek to mitigate the three types of risk: Market risk, product risk and execution risk.It should suggest that your startup can replicate initial success at scale, decrease future acquisition costs and increase profitability.
Your Team Slide should mitigate investor concerns about execution. VCs love to see team members who have previously worked with successful startups, similar technologies and in similar markets. Check off as many of those boxes as you can. Note that your Team slide should include every important member of your extended team. This should include founders, key employees, advisors and investors (if any).
A second and equally important benefit of advisors is that they can quickly help you refine your business and product vision themselves and connect you to people they know who can do the same. You can also use advisors to add significant technology and startup experience and expertise to your team. 2ff7e9595c
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