Mitch Grasso has made a career out of visualizing ideas and helping others do the same.
Grasso started his career as a software designer. He then became a Silicon Valley entrepreneur, using presentations to raise millions of dollars in venture capital. Two of the startups he founded, including his latest, Beautiful.AI, have focused on offering software that allows people to create and present slide shows, including the so-called pitch deck slideshows that startups put together to win over potential investors.
So you might imagine that Grasso has some well-considered ideas on what makes for a perfect pitch deck. Perhaps surprisingly, when it comes to investor presentations, Grasso thinks substance is much more important than style.
“Every pitch, every presentation is primarily about telling a story and not about designing beautiful slides, necessarily,” Grasso told Business Insider in an interview earlier this month. “That’s something you don’t want to be worrying about.”
From a design standpoint, Grasso’s chief advice to founders is to keep their presentations simple and legible. The decks should look polished, but not overproduced, he said.
“Presentations aren’t really an opportunity for personal expression,” he said. Instead, he continued, they’re “about communicating ideas.”
“You don’t want it to be incredibly creative, because then it’s distracting,” he said. “You don’t want it to be incredibly terrible, because then it’s distracting as well.”
At least for entrepreneurs whose companies are still in their early stages, there are certain elements Grasso thinks they should need to include in their decks. Among the sections he thinks they need to include are ones that show:
“What is your background, what is your story, what is your insight, and what’s your experience that makes you better suited for this?” he said.
“It’s got to be big. It’s got to have a big opportunity,” Grasso said.
“All this stuff about traction and go-to-market and business plans, that becomes important as you move further along, but in the earlier stage, it’s more about that vision,” Grasso said. He continued: “It’s about convincing rather than showing the data.
There are other things that Grasso would discourage founders from including in their pitch decks, at least when their companies are still in their early stages. Among them:
Ironically, Grasso didn’t prepare a formal pitch deck when he raised money for Beautiful.AI. Instead, he used the company’s software to design one on the fly as a way of demonstrating the capabilities of its software.
Even if he didn’t need one this time around, Grasso thinks pitch decks remain important for founders, especially new ones who don’t have a reputation to lean on or established relationships with investors. But they’re not all-important; entrepreneurs should realize that they and their story trump their slide shows, he said.
“At the end of the day, the pitch is about you, and if you can’t convince somebody of your idea without a pitch deck, then you probably don’t know your idea well enough,” he said.
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