Published: 2012-07-19 18:43:50
Techno-idealist CEOs are convinced that app goodness, once demoed, is irresistible. Hence the plaintive cry: “please, please watch my demo and you’ll see why we’ll be the next Facebook.” But most demos rarely impress. And a truly bad demo can kill the deal, because it reveals—up close and personal—the CXO’s inability to market, sell, communicate, or understand how to build a business. (Please note that even great demos rarely, by themselves, make the sale to investors. But they can create enough interest to start an investor dialog.)
my View about this Content
This is a perfect test of the iR demo, then. This article has many good tips for a demo creator.
Ron Weissman: Ron, a frequent commentator on all things venture-related, is a Silicon Valley venture capitalist and angel investor. He has served on >25 early stage boards and advised or invested in >50 startups. He focuses on business software, with a special emphasis on SaaS, text technologies, analytics and Health IT. At Performance Works, he assists venture backed companies and firms seeking venture or angel capital in strategy, operational performance, marketing and fundraising.