• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

1

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Commentary

The Biggest Reason This Investor Rejected Startup Pitches

By
Assaf Resnick
Assaf Resnick
and
Bethany Cianciolo
Bethany Cianciolo
Down Arrow Button Icon
By
Assaf Resnick
Assaf Resnick
and
Bethany Cianciolo
Bethany Cianciolo
Down Arrow Button Icon
December 6, 2016, 10:20 AM ET
Maskot—Getty Images
Add Fortune on Google for similar content.

The Entrepreneur Insiders network is an online community where the most thoughtful and influential people in America’s startup scene contribute answers to timely questions about entrepreneurship and careers. Today’s answer to the question “What did you learn from one of the toughest investor meetings you’ve ever had?” is written by Assaf Resnick, founder and CEO of BigPanda.

For many entrepreneurs, when you’re trying to convey the true potential of your company to an investor, it’s tempting to provide as much information as possible. But striving to capture everything in the space of a one-hour meeting can be a trap. Your well-intentioned efforts to convey every detail of your company will leave investor audiences baffled about what the really important parts of your story actually are.

That’s why my primary “lesson learned” from tough investor meetings is the power of simplicity. I’ve been on both sides of the meeting table, currently as a founder and CEO, but previously as an investor at Sequoia Capital. I’ve sat through hundreds of pitches, and these experiences have taught me that the most critical thing is to boil down your story so that it’s as simple and straightforward as possible.

In the space of a one-hour meeting, you do not have the time to explain all of the complex, minute details of your market and your company’s proposed solution. Presenting all of the complexities—and assuming investors will make sense of it all—won’t work. The everything-but-the-kitchen-sink approach almost always backfires and just confuses investors. As an executive, it is your responsibility to understand the most critical parts of your story and know what you want the audience to remember and judge you by and focus only on that. Those critical parts should include convincing investors that your solution addresses a real pain point, solves the pain in a unique way, addresses a large market, and that your team is qualified to address the pain.

See also: The Brutal Truth About Meeting With VCs

Mark Twain’s quote says it all: “I didn’t have time to write a short letter, so I wrote a long one instead.” It’s much easier to load down your presentation with as many data points as possible rather than carefully crafting a clear and powerful message. But you’ll do a much better job of conveying a mastery of your subject and market when you use concise language rather than an endless parade of facts and figures.

Just ask yourself: Does the data align with your key value proposition or not? Does it succinctly support the story you are trying to tell? The message here is not to refrain from using data—in fact, you can even arm yourself with an arsenal of it—but to keep the majority of it in your back pocket. Avoid a data dump, play your key cards up front, and showcase the points that support a simple, focused message.

Building your presentation and planning your meeting agenda in this way will take time and effort, but you will be rewarded with a much more valuable presentation in the end. Don’t muddle your message, and remember that you can peel the onion in follow-up meetings. If you, as a founder, cannot sharply articulate your vision, potential investors will conclude that you won’t be good at other roles that you’ll have to play within your company, such as salesman, marketer, and recruiter.

 

As an investor, I saw that an entrepreneur’s lack of ability to present a concept in a simple, yet resonant way would force me to question whether they could be successful. Nobody wants to sit through a lecture, and I often found myself asking, “Can this person take powerful, impactful messages to other constituencies?” Frequently, I would conclude that the entrepreneur couldn’t handle the task and declined to invest.

Regardless of whom you are pitching, your audience should walk away and remember the key points from your talk, and they should be excited about them. Investor meetings are sales meetings, too, and pitches must be short, crisp, powerful, and repeatable. By cutting through your story like a sharp knife, you can achieve simplicity, elegance, and differentiation. It isn’t always an easy balance, but we should all aim for what Albert Einstein is reputed to have said: “Make things as simple as possible, but not simpler.”

About the Authors
By Assaf Resnick
See full bioRight Arrow Button Icon
By Bethany Cianciolo
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Commentary

f
CommentaryMarkets
Dr. Fauci, the Age of Big Players in science and what his diary reveals about the disputed origins of Covid
By Steve H. Hanke and Roger KopplJuly 29, 2026
10 hours ago
Nnamdi Iregbulem is a partner at Lightspeed Venture Partners
CommentaryVenture Capital
Button-mashing never worked in StarCraft. Tokenmaxxing won’t work in AI
By Nnamdi IregbulemJuly 29, 2026
10 hours ago
orla
Commentarybenefits
The Benefits Activation Gap: what claims data teaches us about employee engagement
By Orla NixonJuly 29, 2026
12 hours ago
henrik
CommentaryData
I was Spotify’s first analytics lead. Here is what VCs get wrong about data
By Henrik LandgrenJuly 29, 2026
16 hours ago
helen
Commentarycyber
Helen Toner: the Hugging Face hack was just a matter of time and exposes a huge blind spot in AI policy
By Helen TonerJuly 28, 2026
1 day ago
jiro
CommentaryLeadership
You don’t need to be an expert to hire one. You need a tunaman
By Vitaliy KatsenelsonJuly 28, 2026
2 days ago

Most Popular

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
Law
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
By The Associated Press and Leah WillinghamJuly 28, 2026
1 day ago
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
8 hours ago
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
7 hours ago
Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
C-Suite
Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
By Sarah GlodekJuly 29, 2026
16 hours ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
4 days ago
Current price of oil as of July 29, 2026
Personal Finance
Current price of oil as of July 29, 2026
By Joseph HostetlerJuly 29, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.