The ask: $600k convertible note for 18 months of runway slide

The ask: $600k convertible note for 18 months of runway

AskUnknown round2011Slide 8 of 8

Extracted slide text

The ask: $600k convertible note for 18 months of runway

What we're looking for. $600k convertible note. 18 months of runway to work on: product-market fit, customer dev, early marketing efforts, profitability. Plan to raise further round in 12-18 months to turn up heat on marketing.

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What this slide does

“The ask: $600k convertible note for 18 months of runway” gives the deck a concrete ask claim. What we're looking for. $600k convertible note. 18 months of runway to work on: product-market fit, customer dev, early marketing efforts, profitability. Plan to raise further round in 12-18 months to turn up heat on marketing. Its job is to make that part of the argument easy to grasp before the narrative advances to the next point.

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