After the interview, Blumberg decided to give Sacca his pitch. Sacca agreed, and made Blumberg come on a walk with him, away from his pitch deck. Sacca thinks pitch decks can be crutches. Blumberg’s pitch did not go well. I was cringing as i listened to him spill over the detail of his business. Sacca then gave him so constructive criticism. He said you need to invoke a conviction of success You also should make your audience feel FOMO: Fear Of Missing Out. He also advised of being more transparent. Sacca then repeats Blumberg’s pitch back to him, and it sounds AMAZING. Some other advice he gave was
- What is your unfair Advantage
- What is your exit strategy
- Who would buy you
These are questions he gave to Blumberg to think about and then come back and pitch to his partner.
I really enjoyed listening to this podcast. I appreciated Blumberg’s openness and his documentary style experience. It was great to not only hear the story but also his thoughts along the way. I will definitely be listening to more of these.
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