Should Seed Funding Decks Include a “Potential Exits” Slide?
A recent Hunter Walk post on seed funding decks promoted me to respond. The post argued that exit slides in a seed funding deck are a bad idea for a number of reasons, four in fact. I took the view that, since it takes to views to make a market, I should offer some thoughts that challenge the post and indeed many of the observations by other commenters that followed.
My start point - as an investor, not a philanthropist, I generally like to see my money come back. Hopefully with a big multiplier. I am also well aware that mega successful "unicorns" are rare and that most exits (so where I get my money back) are acquisitions in the sub $100mn range. So as an investor exits are a legitimate area of interest to me!
Bottom line I agreed with the observation from Mike Wallach who also commented on the post: