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Would you invest in this company?

2 点作者 husseiny大约 2 年前
I wanted to see how good of a pitch deck I can create with ChatGPT in less than 45 mins for a startup idea I used ChatGPT to come up with.<p>Idea: Contract Hive, AI-powered startup that helps company manage their contracts better.<p>PDF: https:&#x2F;&#x2F;images.gpthacks.com&#x2F;ContractHiveDeck-GPTHacks.pdf<p>GIF: https:&#x2F;&#x2F;images.gpthacks.com&#x2F;Contract%20Hive.gif<p>What do you think of the deck? Would you invest in this company?<p>PS: I hope this is obvious but just in case, I don&#x27;t intent to start this company. This is more of an experiment to see how much we can do with ChatGPT.

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jschveibinz大约 2 年前
I took a look at the PDF. It is a fair take on a pitch deck, but the underlying business must exist and be demonstrable. In other words, if it’s just a concept, you won’t get traction.<p>Here’s my input…<p>I think it’s very important to note here that investors generally use the following criteria roughly in order of priority when deciding how to invest:<p>1. Founders-experience, expertise, boldness, commmunication skills, trustworthiness, life balance, etc.<p>2. Market size-is the market big enough to support annual sales north of $10MM in 3 years? Is there room to compete?<p>3. Go to Market-is the path to the market, including product development cost and schedule, within the budget of the amount of money likely to be raised (or supported by non-dilutive contracts)? How do you know? Where is the analysis?<p>4. Uniqueness&#x2F;Disruption&#x2F;Timing and Value-is the technology and product sufficiently unique to get interest from new customers at a price they consider to be more than fair? Is it the right TIME for this product? How do you know?<p>5. Financials-beyond use of funds, what are the projected cash flow and income statements per the schedule for years 1 through 3? No revenue is usually a tough sell, so this needs to look really solid. How do you know?<p>6. Customer Interest-you need to have actual customer (or potential customer) feedback from beta tests, demonstrations, interviews, etc. Not just a few of these, but more like 25-30 of these.<p>7. Everything else…
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