A 🧵 on Best Practices for Web3 Fundraising Decks
After seeing 100+ decks at
@6thManVentures
during my first 2 months, I wanted to share a few thoughts
Considerations for teams that are fundraising. 👇
Most decks should cover
- Team
- Mission / Problem(s) you are solving
- Unique insights / "secrets"
- Product (what are people buying)
- Competition
- Token distribution (if applicable)
Elite decks also have
- Genesis story
- Demo
- Customer segmentation
Let's dive into each
On Team
- Don't use term 'expert' - instead tell me what you did
- Have a Team slide. If team is very strong put it at front of deck. If new / junior founders you can put at end
- On slide, index on including less people with more details
- Diversity matters
On Mission / Problems
- Clearly define a mission or problem space. When done well you don't need a TAM calc
- Share WHY you are passionate about the space
- Orate stories on user problems/pain-points - stories engage emotions
- What 'secrets' will enable you to win?
On Product
- Best decks I've seen are typically built by prior PMs - they clearly outline the user experience
- Make it super clear what are you selling and why customers need using the product.
- In which customer segments have you seen traction?
- Sell medicines not vitamins
On Competition
- My favorite competitive landscape slides are a 2x2. Requires founders to distill problem space into the two MOST important attributes and position themselves relative to their competitors.
- The alternate of Table of features vs Competitors usually lacks insights
On Token Distribution
- Red Flag when teams vest in less than 2 years, especially when project requires longer to fully build out
- Team / Advisor allocation should typically not exceed 25% - if you feel you need more, you can later conduct a governance vote to re-distro funds
Token Distro Cont'd
- Be conscious about adding staking - needs to provide underlying value. If it's there to mainly boost APY and reduce selling pressure, there are likely more efficient ways to use that capital
- Watch out for large unlock 'cliffs', consider backweighting
Extra Items
- Have a viewpoint of your ideal early adopter personas, even if you're 'picks and shovels' infra
- Nothing more powerful than walking through the product - Demos are king, and can be slides or mocks depending on maturity
Let's go buildoors 🚀
@CarlKVogel
@6thManVentures
thanks for the thread, it's really great source of knowledge ^^ it's all simple, but it's easy to forget about the most essential parts
@CarlKVogel
@6thManVentures
Recently made and pitched my own web3 deck. Another slide that’s sometimes helpful is the GTM - in a space which is so fast moving, how do you capture attention quickly
@CarlKVogel
@benthebape
@6thManVentures
🔮Ted talk on selling🔮. Have a final exam in t- 8 hours now for a “professional selling” class. you could essentially take away just as much from this thread as that course