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Why virtual pitching is better than pitching IRL (from someone who has been on both sides of the monitor) 
It’s FREE! - Living in Ohio put me at a disadvantage when I pitched in 2013. Flight/hotel/taxi cost me over $800/day so I'd stack pitches, running from one office to the next, trying to make it worth my visit. I did this for 6 months from coast-coast. Virtual pitching is free.
Non-intimidating - Some of the pitches were so intimidating: large boardrooms with multiple suited men pummeling you with questions before you even begin. Not knowing where to sit. Everyone on their phones. Virtual pitching puts you both on the same level.
It's Safer - As a woman, I had to analyze all of the meeting requests and what they meant. If an investor didn’t want to meet until 10pm or at a private location, that was a red flag. Late virtual pitch? No problem! You're in the comfort of your own home, not getting hit on.
More Inclusive - If you are persistent and build a rapport with investors, you will likely get the chance to pitch them. It used to be much harder to literally get your foot in the door but now people seem to be open to twitter pitches and cold DMs.
Quick case study:
In April, @lolitataub put out a call for active investors to respond with their thesis and I got a lot really great deal flow opportunities from this tweet: https://twitter.com/myfriendjanine/status/1252218882082963456?s=20
In April, @lolitataub put out a call for active investors to respond with their thesis and I got a lot really great deal flow opportunities from this tweet: https://twitter.com/myfriendjanine/status/1252218882082963456?s=20
I reviewed ~40 deals in my DMs, had several zoom pitches with founders, ran diligence, had meetings with other angels, and then found my first investment opportunity.
A cold DM pitch deck from @ccowdrey, a zoom pitch, and 3 meetings later, I wired my first angel investment!
A cold DM pitch deck from @ccowdrey, a zoom pitch, and 3 meetings later, I wired my first angel investment!
Listen to the podcast here from @lolitataub and @ccowdrey to hear more. https://twitter.com/myfriendjanine/status/1265265557017972737?s=20
Since then, I’ve done a few smaller checks, joined a few syndicates and operator networks and I’m growing my personal portfolio.
Since then, I’ve done a few smaller checks, joined a few syndicates and operator networks and I’m growing my personal portfolio.
There are so many new funds investing in overlooked founders as first-checks and early-stage and I know a lot of them are taking zoom pitches, cold DMs, and Twitter deal flow! https://twitter.com/myfriendjanine/status/1288912098207191043?s=20
Find people who are just slightly ahead of you so you can learn from them. Celebrate your peers. Share resources with people you think can benefit. And build meaningful connections with those you look up to because they will likely learn more from you then you will from them.
