Asked by Anthony DeCato on Feb 18, 2024
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
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.
Learning Objectives
- 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