Asked by Anthony DeCato on Feb 18, 2024

verifed

Verified

The purpose of a pitch deck is to help the entrepreneur determine if a venture is viable.

Entrepreneur

An individual or a group who creates something new—a new idea, a new item or product, a new institution, a new market, a new set of possibilities.

  • Exploring the elements of a successful pitch deck
  • Evaluating the effectiveness of a pitch deck in communicating venture potential
  • Recognizing the role of a pitch deck in attracting investors
verifed

Verified Answer

CC
Cassie Carpentier

Feb 18, 2024

Final Answer :
False
Explanation :
The purpose of a pitch deck is to present a business idea or plan to potential investors, partners or customers in a concise and compelling way. It is meant to showcase the opportunity, the problem being solved, the solution, the market, the competition, the revenue model, the team, and the ask. A pitch deck doesn't determine the viability of a venture but rather helps entrepreneurs communicate and test their assumptions, and get feedback and support.