Since I can't attach text with it, I figured I'd explain in this article. We created HearThisPitch, in order to share our experiences with other entrepreneurs. By open sourcing, we mean: sharing all the feedback we get from potential investors, placing our presentations online, the source files to those presentations, our personal notes, and opening the comments on the blog. Purpose is two fold:
a) Helps us revise and make the pitch better through a community effort. We're far from being where we need to be and brutal, honest feedback does it best. Every two weeks or so, we'll update the pitch according to people's input on the site. We'll also post feedback from investors. Anything seriously confidential will stay that way.
b) This creates a great learning ground for entrepreneurs. When we started, we knew nothing aobut fundraising (and honestly, still have tons and tons to learn). If we had a resource like this, it would have really helped us. Hoping that this creates the same effect that open source does for software, but for entrepreneurs with fundraising.
I think that this is a great presentation, but more than that a great idea. I would have never of thought that a company would render itself to criticism the way Publictivity has... it shows how important their product is to them and how they are doing everything they can to improve their product.
Great job on the presentation and great idea! Keep it up!
a) Helps us revise and make the pitch better through a community effort. We're far from being where we need to be and brutal, honest feedback does it best. Every two weeks or so, we'll update the pitch according to people's input on the site. We'll also post feedback from investors. Anything seriously confidential will stay that way. b) This creates a great learning ground for entrepreneurs. When we started, we knew nothing aobut fundraising (and honestly, still have tons and tons to learn). If we had a resource like this, it would have really helped us. Hoping that this creates the same effect that open source does for software, but for entrepreneurs with fundraising.
-j