Integrating feedback
At pre-seed and seed stages, where the traction might be minimal, early feedback is super helpful in validating the idea, generating some buzz and de-risking for the investor. Here’s how you can weave it into your deck:
🧜🏻♀️ Add early feedback to the traction slide: Real users wanting to use your product can be demonstrated by adding some early feedback to your traction slide.
🧶 Provide a separate feedback slide: If you have lots of positive feedback, provide a separate slide. Make it snappy.
🤓 Make it number-based: Quantify your feedback wherever possible. For example:
"We interviewed 50 customers; 90% expressed excitement about the product."
"25 customers have signed up as beta testers."
🦀 Use snappy, specific testimonials: rather than long, generic quotes, use quotes that are short, pointed and convincing – ones that communicate specific value propositions.
“This product will save me twice as much time.”
“I’m ready to pay ten times more than for my current solution.”
“This is a game changer; I’d switch immediately.”
🔩 Align feedback with value propositions: Make sure the feedback directly relates to the key points in your pitch. Copy-and-paste quotes that support your unique features and differentiation in the marketplace.
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