Pitch Deck Teardown: Party Round’s $7M, er, party round deck

In the world of investment, a “party round” is an investment round — typically an angel round — where a larger number of angels throw in what (to them) is pocket change to help a company get off the ground. “Pocket change” is relative, of course; what is pocket change to a very high-net-worth individual could be a down payment on a house for you and an annual salary for me.
About a year ago, Alex reported that Party Round raised $7 million using its own platform, adding a medium-size busload of angel investors to its cap table. Usually, party rounds are more

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