Sebastian Diemer is the Co-Founder and Chief Executive Officer of Kreditech. Kreditech is a digital bank which is the market leader in big data scoring and online lending. We had the privilege of interviewing Sebastian to find out his thoughts on pitching:
The first steps for your startup are clear: You have an idea, you are founding your company, you are building your product and you need a pitch deck. Why? As long as you want to raise capital or convince business partners to work with you, a pitch deck is essential. It gives an investor insight into your business. So most startups are doing it the same way – even huge companies like Facebook or Google started with a pitch deck.
Should I start with a framework or start from scratch?
You have a great idea, your rock star startup team is all lined up and your business plan is ready to be executed. What you need next is a solid financing round from smart money business angels or venture capitalists. So you are working on your pitch deck, but the big question is how to structure your pitch deck to get the maximum impact?