[quahada]

I like the takeaway that the only slide that matters is traction.

Looking at the Team slide, they have a decent amount of social validation from their advisors & previous investors. I'm guessing this was critical for getting the intro's to ~200 prospective investors.

[joelgascoigne]

We went through AngelPad (accelerator in SF) just before we raised, and through the program we received our initial $20k funding from AngelPad and $100k convertible debt funding from two VC firms associated with AngelPad (so a total of $120k as soon as we got into AngelPad). We then raised a further $50k from another firm (Inspiration) during the program before demo day and before we started pitching. So that is the 4 logos you see as previous investors. We also were lucky to get Guy and Hiten on board as advisors during our time at AngelPad. This social proof certainly helped us a lot, however it all happened very close to our pitching and so it is not too comparable to a true "previous financing". Hope that helps - let me know if you have any more Qs.