You may need more than one pitch deck

In a lot of the pitch deck teardowns, I get stumped by a certain slide, even though I am 99% sure that when a founder uses it to pitch a VC, they will give a little bit of additional context that “unlocks” the slide and helps it make sense.
The specific slide that inspired this post was from Forethought’s Series C deck, which ended up raising $65 million for the TechCrunch Battlefield-winning company, but I’d be lying if I said that this was an uncommon problem.
Slide 6 from Forethought’s pitch deck. Image Credits: Forethought (opens in a new window)
The issue wit

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