Terms used in pitch decks explained for kids (and adults!)
The world of pitch decks is clouded with fancy terms. So, let me explain the 9 most common terms in plain English.
1) Market opportunity: Number of people who want to buy something new, and how much that thing might grow in the future
2) Value Proposition: Unique benefits a startup offers to solve customer problems or needs
3) Traction: Proof that a new business is doing well – like showing user or revenue growth
4) Competitive landscape: Looking at other companies and figuring out how your business can stand out
5) Business Model: A plan that a new company makes to make money and keep growing
6) Financial Projections: Estimates of how much money a new business will earn, spend, and whether it will be profitable.
7) Exit Strategy: plan for how a business can make money for its investors when they exit
8) Scalability: Ability of a startup’s business model to grow very large with small costs
9) Due Diligence: Due diligence is like doing homework to make sure a business idea is good before investing in it.
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