Re:What to do when an investor asks for your "Business Plan"
by rdl on Saturday September 03, 2011 @06:48AM
(#2957071)
I think it's pretty easy to hand someone a "50 page business plan", if that's what he really wants, by turning a 5-10 page pitch deck and 3 page executive summary into a ~10-15 page document (with notes), combined with some additional product documentation, market research, etc. (which can just be included as appendices).
As long as there's no real original content required, I don't see why it's that big a deal. You already have the pitch deck, executive summary, maybe some long-form resume or bios of key people, news articles, and white papers (if it's a hard tech company; otherwise include screenshots, press coverage, etc.).
The only thing which is bogus is the 5y pro forma financials; these become more reasonable post series A I think.
As long as there's no real original content required, I don't see why it's that big a deal. You already have the pitch deck, executive summary, maybe some long-form resume or bios of key people, news articles, and white papers (if it's a hard tech company; otherwise include screenshots, press coverage, etc.).
The only thing which is bogus is the 5y pro forma financials; these become more reasonable post series A I think.