You know what it is Really cool? Watch founders pitch their ideas on the TechCrunch Disrupt stage as part of Startup Battlefield 200. The presentations are world-class, and the founders do a good job, even when they’re being grilled by investors on stage. I got down on stage. It’s quite unnerving. But over the course of the week, I noticed many startups making the same mistake: using cumulative charts in their presentations.
It’s easy to fall into this trap, but it’s best to avoid it. Investors hate them because they are misleading at best, dishonest at worst, and do not provide investors with the information they need to make an investment decision.
this is the reason.