See the first pitch decks of 25 unicorn organizations (and exited unicorns), including Coinbase (as soon as the cost of bitcoin had been around $6.25) and Airbnb (whenever it absolutely was AirBed&Breakfast).
Notching a private technology business is difficult, exiting at one is even harder. For almost many of the most valuable investor-backed organizations in technology, nailing a pitch to very early prospective investors, recruits, and clients ended up being one step in the journey. As Founders Fund principal Delian Asparouhov records:
So that you can build conviction, we count on founders to inform us a compelling tale, more often than not by means of slides. WeвЂ™ve companies that are funded completely due to the quality of these seed decks. Bad deck? WeвЂ™ll pass that is likely the ability.”
Therefore we compiled early decks of some personal or exited businesses respected within the huge amounts of bucks. Included in these are the decks of pre-revenue LinkedIn and a then-smallish-site called BuzzFeed, with regards to ended up being registering just 2.5M monthly page views. Could you have dedicated to the eyesight they certainly were pitching?
TABLE OF ARTICLES
Valuation at IPO: $40.6B
with its pitch that is early deck Airbnb known as Couchsurfing, Craigslist, Hostels.com, and Hotels.com as rivals. Its valuation catapulted t o $86.5B by the end of their very very first day’s trading in December 2020, a figure more than the public market capitalizations of Hilton, Marriott, and InterContinental Hotels combined . As the home rental startup was hit hard when the Covid-19 pandemic shut down worldwide travel, increasing a set G in April 2020 that nearly halved its valuation to $18B, the business has seen renewed interest from customers because the pandemic wanes.
Current valuation: $1.68B
AlanвЂ™s pitch deck will come in at a hefty 42 slides. The health that is france-based startup utilized the deck to increase its Series the, aided by the reported objective of becoming вЂњthe frontrunner in FranceвЂќ for medical health insurance. Since introducing, the organization has raised $363M, using its round that is latest netting it a $1.68B valuation. It covers 170,000 individuals, with 9,400 enterprise customers across France, Belgium, and Spain.
Valuation at purchase: $1.6B to $2B
First Round Capital shared this seed deck employed by AppNexus, then a platform that could allow organizations run applications within the cloud. Seven months following its 2007 Series A round, it pivoted to target totally on advertising technology вЂ” by September 2020 it had been operating one of several biggest electronic advertisement exchanges. It absolutely was obtained by AT&T in June 2018 in a deal apparently well worth between $1.6B to $2B and ended up being folded into AT&TвЂ™s advertisement technology product, Xandr. No update on a potential deal has been announced while AT&T was reportedly looking to sell the unit, as it has struggled to reach a substantial profit.
Present valuation: $7.4B
Business card startup Brex has raised $1.2B up to now. Its 2018 pitch deck, which cites CB Insights information on startupsвЂ™ monthly spends, assisted the ongoing business raise its Series C вЂ” which vaulted it to the unicorn club. BrexвЂ™s latest valuation places it at $7.4B . Although t he business had to lay down 62 workers amid the pandemic, it raised a $425M show D round in April 2021, because it saw its client base develop 80% in Q1вЂ™21 therefore the competition to show dominance into the spending category accelerate that is corporate.
Present valuation: $1.7B
BuzzFeed’s 2008 pitch deck cited page that is 2.5M per month. In March 2020, the website stated significantly more than 1.2B unique page views across its web sites for the thirty days and saw a 41% year-over-year (YoY) jump in unique site site visitors, though it needed to institute pay cuts and lay down almost 6% of their US staff following a pandemic. BuzzFeed has raised almost $500M up to now, with NBC Universal adding $400M over 2 rounds that boosted BuzzFeed’s valuation to $1.7B.
Valuation at IPO: $65.3B
that is CoinbaseвЂ™s seed round pitch deck from 2012. The business raised $600K from angel investors and FundersClub, and has now gone on to increase yet another $538M. The brief, 12-slide deck features the rising rise in popularity of electronic money bitcoin. Coinbase went general public via direct listing in April 2021 at a $65.3B valuation, an even more than 8x enhance from the valuation that is last set 2018.
Valuation at IPO: $12.6B
Sequoia Capital shared Dropbox’s pitch deck, which assisted the business raise its $1.2M seed round in 2007. It provides a glimpse to the company’s freemium business structure plus the bottom-up consumer purchase approach. Dropbox went general general public in March 2018 at a valuation above $12B.
Present valuation: $1.1B
Foursquare’s 2009 pitch deck outlined an eyesight of its software being a component friend-finder, component social city-guide, component social-game,” but Foursquare has since evolved into a place information business with 15B+ https://www.hookupwebsites.org/escort-service/knoxville/ information points regarding where individuals invest their money and time. The business apparently raked much more than $100M in income in 2019 and contains changed drastically ever since then, splitting into 2 apps and merging with Factual, another location information business, in 2020 april.
Present valuation: $1.3B
IntercomвЂ™s former-CEO Eoghan McCabe shared the companyвЂ™s first pitch deck from 2011, incorporating that increasing $600K had been a вЂњmonumental taskвЂќ for the group in those days. The quick, 8-slide pitch deck defines IntercomвЂ™s eyesight to construct a CRM and messaging device for SaaS providers. In March 2018, the client talk pc computer pc software business raised a $125M Series D round, bringing it to a unicorn valuation of $1.28B. Intercom stated it crossed $150M in yearly recurring income in February 2020 вЂ” together with business is apparently considering an IPO.
Valuation at purchase: $26.2B
Greylock Partners dug up LinkedIn’s Series B pitch deck from August 2004. The deck billed LinkedIn as expert individuals search 2.0.” LinkedIn had yet to create a dime of income вЂ” nonetheless, the deck highlighted income as being a priority that is high identified clear channels to quickly attain it. The business raised $103M it was acquired by Microsoft for $26.2B in 2016 before it went public in 2011, and.
Present valuation: $1.6B
UK-based bank that is digital saw its $2.5 valuation cut by almost 40% to $1.6B in June 2020. Its 2017 pitch deck describes its eyesight for worldwide expansion and revealed it had simply 120,000 users вЂ” today, the business boasts almost 5M users and contains launched a version that is beta the usa. In March 2020, it expanded into company banking.