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Fundraising & Rounds

What do VCs look for in a pitch deck?

VCs look for a clear problem, a compelling solution, evidence of traction, a large market, a strong team, and a crisp explanation of why now. Most pitch decks are dismissed in under 3 minutes — clarity and concision are everything.

A pitch deck is a 10–15 slide document that tells the story of your company in the 3 minutes a VC will spend reviewing it before deciding whether to take a meeting.

The core slides most VCs expect:

**Problem** — Is this a real, painful, widespread problem? Specificity wins over generality.

**Solution** — How do you solve it? What's the insight? Is the approach differentiated?

**Market** — How big is the opportunity? VCs need to see a path to a large outcome. TAM/SAM/SOM slides are common but often done poorly — show the logic, not just big numbers.

**Traction** — Revenue, users, growth rate, retention. This is the most important slide for most stages. Show the hockey stick if you have it; show the early indicators if you don't.

**Business model** — How do you make money? Unit economics if you have them.

**Team** — Why are you the right people to build this? Domain expertise, prior wins, relevant background.

**Competition** — What exists? Why are you better or differentiated?

**Ask** — How much are you raising, at what valuation, and what will you use it for?

What VCs are really looking for: Is this team exceptional? Is the market large enough to matter? Is there early evidence this works? Most decks fail on one of these three.

Related glossary terms