OK, we didn’t have time to come up with 99 problems but Jay-Z never sang about having five or six problems and we needed a clever title.
Test your understanding of the problem slide of a pitch deck to move onto the next section. Good luck!
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Congrats! You now understand the purpose of a problem section and what you would usually expect to find in one. Time to move onto the Solution section of this course.
A good problem slide should:
(Please select 2)
Flowtab was an app that helped you cut the queue at a crowded bar and get your drink quickly. It’s no longer operating but originally raised $50k investment in the Bay Area after struggling to raise in several other cities. Here’s the problem slide of their pitch deck. What else could they have included to make the slide more effective?
(Please select 2)
Take a look at this slide from AirBNB’s original pitch deck. Not everyone knows that it wasn’t AirBNB’s pitch deck that wowed investors and got them the capital they needed to launch… in fact, investors were generally sceptical that anyone would pay to stay in someone’s spare room. They might not have raised investment at all if it weren’t for the founders’ entrepreneurial mindsets and ability to hustle.
So even though AirBNB is a modern-day tech unicorn, take a look at their original problem slide and tell us how you would improve it.
This response will be awarded full points automatically, but it can be reviewed and adjusted after submission.