Pitch Deck innovation: The Story of 1906
In the dynamic world of startups, being unique and innovative is crucial. This becomes especially relevant when fundraising and presenting your company to potential investors via your pitch deck. Today, we will delve into the interesting case of 1906 – a late-stage startup, from the budding Cannabis industry, who have redefined edibles.
1906: Disrupting the Industry
1906 aims to revolutionize edibles in the Cannabis industry. The founders were firm believers that edibles didn’t have to be unpredictable, slow to act, filled with questionable chemicals, or cause cognitive disarray.
About the Company
Founded under the premise of change, 1906 pioneers innovative and quality edibles. They have raised $18M from various venture capitalists indicating their high value and promising future within the rapidly expanding cannabis industry.
Innovative Approach to Fundraising
The fundraising process is critical for startups like 1906. This includes the essential task of creating an influential pitch deck. Undeniably, a good pitch deck is a powerful vehicle to present your business ideas, establish your unique selling points, share your notable successes, and make you stand out among competitors.
Elements of a Powerful Pitch Deck: the 1906 example
While every business’s pitch deck will be different, some key elements will be present universally. Let’s take some tips from the successful raise of 1906.
Clarity in Vision
A pitch deck must clearly outline your company’s vision just like 1906 did with their firm belief – Creating edibles that are safe, high-quality, and effective. Having a compelling vision attracted leading investors to this disruptive startup.
Unique Selling Point
What made 1906 stand out was not just its industry positioning, but its unique selling point of quality and customer-focused edibles. This undeniably differentiated 1906 from the competition and added captivating value to their pitch deck.
Notable Achievements
Last but not least, showcasing your successes. For 1906 it was their $18M late-stage fundraise, which is a testament to their hard work, excellent product, and promising future.
In Summary
Through the example of 1906, we see how innovating in product and vision, having a unique selling point, and showcasing achievements can lead to an effective pitch deck. So, when you think about how to pitch your business idea or what to include in your pitch deck, let the story of 1906 be your inspiration.