Definition

A carefully crafted 60-second monologue designed to convince investors that your app idea will revolutionize humanity, delivered with the energy of someone who hasn't slept in 48 hours.

Example Usage

His pitch was so compelling that three VCs interrupted their coffee to hear about his blockchain-based pet grooming platform.

Origin

From 'sales pitch,' adapted into venture terminology in the 1980s.

Fun Fact

The average successful pitch deck has 10-20 slides, yet investors only look at the first 5 before deciding.

Source: Standard startup/investor parlance

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