Pitch Deck Writing
Pitch Deck Writing
Overview
A pitch deck is a slide-based artifact that compresses a fundraising, sales, or partnership case into a tight narrative arc — usually 10 to 14 slides — designed to be skimmed in minutes and remembered in seconds.
Core Concepts
1. The 10/20/30 rule (Kawasaki)
Guy Kawasaki’s rule for investor/pitch contexts:
- 10 slides — the human mind cannot absorb more than ten concepts in a single sitting in a pitch context
- 20 minutes — even if you have a full hour, present in 20 minutes; leave the rest for discussion
- 30-point minimum font — if you cannot fit your message in 30pt type, you have too many words
2. The canonical Sequoia / Reid Hoffman structure
10–12 slides in this order:
- Title / Company purpose — one-line description
- Problem — the customer pain, with evidence
- Solution — your product as the answer
- Why now — timing argument; why this couldn’t have been built 5 years ago
- Market size — TAM/SAM/SOM, bottom-up preferred
- Competition — who else is in the space, how you differ
- Product — screenshots, demo, key features
- Business model — how you make money
- Team — why this team can win
- Traction — what you’ve already proven
- Financials — current state and projections
- Ask — how much you’re raising, what you’ll do with it
Slide 4 (“Why now”) is the slide most founders skip and the slide most VCs care about.
3. The narrative arc — problem → solution → traction → team → ask
Strip away the template specifics and every effective pitch deck follows five beats:
- Problem — establish the pain. The reader nods.
- Solution — show your answer. The reader believes the answer is plausible.
- Traction — prove it’s working. The reader believes the answer is real.
- Team — prove you can execute. The reader believes you specifically can win.
- Ask — close. The reader knows what you want and what they get.
4. The appendix convention
Strong decks have an appendix — 5 to 20 extra slides beyond the main 10–12 — NOT shown in the live pitch but sent with the deck.
5. The “no cliffhanger” rule
Pitch decks are NOT mystery novels. Slide 1 should already answer “what does this company do” at headline level.
6. “What I most want you to remember” — the closer
End the deck with one slide that names the single thing you want the audience to walk away remembering. Not a recap — one sentence, one number, one image.
7. The slide-title-as-thesis rule
Every slide has a title. The title is a thesis, not a category.
- Category title (weak): “Market Size”
- Thesis title (strong): “$47B TAM growing 22% annually; we serve the underserved bottom 60%”
Sequoia / Series A deck — slide-by-slide
| # | Slide | Thesis-title example |
|---|---|---|
| 1 | Title / Purpose | “Acme — the operating system for indie retailers” |
| 2 | Problem | “Indie retailers lose 8% of revenue to inventory errors” |
| 3 | Solution | “One scan; the cloud reconciles the rest” |
| 4 | Why now | “Cheap POS hardware + computer vision finally make this affordable” |
| 5 | Market size | “$47B TAM, 320K stores in the US alone” |
| 6 | Competition | “Big POS players ignore < 5-store chains; we own this segment” |
| 7 | Product | “Setup in 12 minutes; first reconciliation in 1 hour” |
| 8 | Business model | “$99/store/month + 0.3% transaction fee” |
| 9 | Team | “Founders shipped this exact problem at $LASTCO” |
| 10 | Traction | “412 stores, $2.1M ARR, 14% MoM growth” |
| 11 | Financials | “Path to $20M ARR by end of next year” |
| 12 | Ask | “$8M Series A to scale GTM in North America” |
Anti-Patterns
- The mystery opening — first 3 slides don’t say what the company does.
- Wall-of-text slides — paragraphs of body copy presented live.
- No “why now” — deck skips the timing argument.
- No traction (when you have some) — burying real data deep.
- Generic team slide — “20+ years experience” instead of specific credentials.
- Competition denial — “we have no competitors.”
- TAM inflation — “$2T global market” with no bottom-up math.
- No ask — the deck ends with vague “let’s talk.”
- Cliffhanger close — last slide is “Thank you” or “Questions?”
Decision Heuristics
| Situation | Use |
|---|---|
| Seed round to investors | YC seed structure, 10–12 slides |
| Series A to investors | Sequoia / Reid Hoffman structure, 12 + appendix |
| Enterprise sales to a buyer | “Challenger” sales arc |
| Internal board review | Narrative deck or six-pager memo |
References
- Guy Kawasaki, “The 10/20/30 Rule of PowerPoint”
- Sequoia Capital, “Writing a Business Plan”
- Y Combinator, “How to build your seed round pitch deck”
- Reid Hoffman / Greylock partners — LinkedIn Series B deck annotated by Hoffman