Day 43 in MIT Sloan Fellows Class 2023, Learning from cohort 5 , how to write your pitch

Background

He is alumnus of Ycombinator and we were in the same study group. He is a really good person and understands how startup works.

TAM

One of his advice is the size of TAM. Let's aim over 10B market because market share doesn't matter. All or zero. So, if you aim small market, it seems to be horrible idea. Even if you passed a lot of challenges, your expected outcome would still be small. 

Simplification

It is common for Japanese people, but we tend to propose multiple usecases and benefits. It is the worst idea for pitch.  Simplify challenge and customer. 

What is your fire on hair?

These simplifications are significantly important because no one has enough time to read your idea carefully. Also, multiple challenges mean unfocused investment of people and budget. 

Just write "others" into "expansion plan" or "future plan"