Pitch Perfect - Chapter Three - The Pitch Deck 5

Competitors and Teammates

Competitive landscape

If you have competitors that I know and if you're not presenting them, I would assume you're either thinking I'm a fool and I don't know what I'm doing, or you think you can get away with this or worse, you don't know who your competitors are. Putting many locals might feel intimidating at first. You might think that as an investor, I would assume it's a very competitive market, but that's a good thing if I believe everything you said about your product, your customer, or your value proposition.

I want a lot of competitors because a lot of competitors would mean there's a big market. A lot of competitors would mean there are gaps, probably that none of them have closed yet. So, let me be the judge of what I think your value is. Just don't be afraid of competition.

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