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Five Pitch Friday
Nvidia, LinkedIn, PowerPoint, Loom, and WeWork
Welcome to Five Pitch Friday.
A summary of this week’s research at BetterPitch.
(scroll down to see our new product launch)
Here we go:
1. Nvidia
Jensen Huang founded Nvidia at 30 with $200
It's now the world's 4th largest company at $1.9T
Here's their pitch deck:
— PitchDeckGuy (@BetterPitchGuy)
5:31 PM • Feb 23, 2024
Nvidia is an overnight success story 30 years in the making.
In a talk at Stanford, Jensen shared his biggest piece of advice:
“If you want to be successful, I would encourage you to grow a tolerance for failure.”
2. LinkedIn
LinkedIn sold to Microsoft for $26.2B
Here's their $10MM Series-B pitch deck:
— PitchDeckGuy (@BetterPitchGuy)
6:33 PM • Oct 16, 2023
LinkedIn made $15.7B in 2023.
Microsoft’s acquisition is one of the most successful of all time.
2.5. BetterPitch
BetterPitch is proud to finally announce our Research Database.
Here, you can:
Search millions of slides
Chat with an AI analyst trained on the entire database
Create your own presentations
We’re limiting access to the first 50 user applications.
How does this help?
Create higher converting pitches in a fraction of the time
Get ahead of industry trends
Leverage our competitive analysis tool
Want access? Just reply to this email or book a demo now.
3. PowerPoint
In 1987, Microsoft acquired PowerPoint for $14M
The founders declined stock in favor of all cash
Today, PowerPoint has 500M users and the stock would be worth ~ $20B
— PitchDeckGuy (@BetterPitchGuy)
3:27 PM • Dec 8, 2023
Another incredible Microsoft deal.
There are more than 500M global PowerPoint users, with 350 presentations started every second.
We at BetterPitch are power users.
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4. Loom
Loom sold for $975MM
Here's a side-by-side comparison of their pre-seed and seed pitch decks:
— PitchDeckGuy (@BetterPitchGuy)
1:30 PM • Oct 23, 2023
Loom was originally a user testing software with no traction.
The founding trio maxed out their credit cards to build the company. But, they had no success. They pivoted 5 times in 7 months and were two weeks from shutting the company down. Then, they caught a break.
People began using their product to record feedback videos showing their screen and face.
This was not the intended use. But, people loved it.
After raising $203M and serving 25M users, they sold to Atlassian for $975M.
Boy are they happy they didn’t quit.
5. WeWork
SoftBank lost over $23B on WeWork
Here's their pitch deck on the deal:
— PitchDeckGuy (@BetterPitchGuy)
1:05 PM • Nov 1, 2023
WeWork raised $22B and was valued as high as $47B.
Then, they imploded.
Adam Neumann collected $700M before the company’s bankruptcy.
Now they’re being restructured at an $8M market cap.
Guess who’s trying to buy WeWork?
Adam Neumann.
The biggest loser on this one is SoftBank, who incinerated $23B on the deal.
Oops.
See you next Friday,
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