Allison Byers' book, Fundraising for the Rest of Us, is out now. Get your copy

← All issues

March 27, 2026

The 5-minute test every pitch deck goes through

What investors are actually–and should be–looking for first

Over the last few weeks, we've been talking about conversations. What they're for, how they work, how trust gets built inside them. This week, I want to go back to something that happens before the conversation even starts.

When I started angel investing, pitch decks stressed me out.

I didn't know what I was supposed to see. I assumed experienced angels were analyzing every slide in microscopic detail, catching things I was missing, following some process I hadn't been taught yet.

They're not.

After 14 investments and hundreds of conversations with angels, here's what I've learned: most people skim quickly and then decide whether to go deeper.

Keep reading

Past issues are for newsletter subscribers. Already subscribed? Enter your email to unlock every issue from the past year. Not yet? Subscribing takes one click, and it's always free.