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Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune 23 July, 2015, 14:39Be the first to give this comment the thumbs up 0 likes

Good post but, being on both sides of the table, I can see where these startups are coming from. Problem is most angels and VCs are themselves not pathbreaking and would rather stick to the "known devil" territory. Very early in the pitch, they want to be able to place the new startup in front of them into a pigeonhole defined by a successful startup XYZ viz. Uber of this, AirBnB of that, etc. When that happens, the next obvious question is how're you different from XYZ (and other XYZ-clones that're already in the market) and the -ers follow soon. I'm not saying that this is the right way to pitch but I've seen many sound, but clean-slate, pitches falling flat with investors who couldn't "get" them within the few allotted minutes.