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First, the thing that will make many entrepreneurs happy – you don’t need a business plan, when you are looking for venture capital or angel funding.

The best value of any business plan is the process of creating it, not the ending result. It’s valuable for you and your team, not for investor. The value to your team comes from building your mutual understanding and understanding the overall structure & details the same way.

So you don’t need a business plan, then what do you need?

1. access to pitch the right investor, right type of introduction is best
2. really short few words quick pitch
3. elevator pitch
4. deck of selected details
5. several pitching opportunities

Below is a great presentation by Nivi at venturehacks that every entrepreneur should be listening right about…. now!

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