A Deep Dive into Square’s TBD: Elevating Decentralized Finance and Crypto Industry
In 2021, CEO of Square, Jack Dorsey, made an exciting announcement about the creation of a cryptocurrency and decentralised finance business arm named TBD. This startup is focused on building an open developer platform with the goal of encouraging non-custodial, permissionless, and decentralised financial services.
Pitching TBD: Vision for the Future of the Web
TBD gained attention from the global online community when they released their pitch deck outlining their vision for the future of the internet, called ‘Web5’. This extra-decentralised web platform revealed their ambitious, innovative plans for the future of financial services.
Unique Selling Points of TBD
Juxtaposed with the traditional setup of custodial financial services, TBD is defining its place in the crypto and decentralised finance industry with its fundamental principles of autonomy and open development. Their commitment to non-custodial and permissionless systems represents a disruptive innovation in the industry, positioning them as a significant player in the emerging Web5 movement.
How TBD is Making Waves in the Startup Ecosystem
Dorsey’s tweet, following the announcement, took a sharp shot at Web3, reading “RIP web3 VCs”. This sent ripples throughout the industry, attracting the attention of luminaries like Marc Andreessen and pop culture icon Snoop Dogg.
For startup founders, the makeup of TBD’s pitch deck is an insightful resource while they seek to premise their ideas. The way TBD has presented its unique vision through strategic communication not only resulted in online buzz but also helped them secure their footing in a hyper-competitive environment.
The Power of a Well-Crafted Pitch Deck
A business pitch deck helps in showcasing the essence of your startup’s mission, products, and services to potential investors. It can make them understand what makes the startup unique and why it would be profitable to invest in it. A well-structured and well-articulated pitch deck can prove to be a powerful tool in a startup’s arsenal.
Key Takeaways from TBD’s Success Story
The story of TBD serves as a stark reminder of how disruptive innovation can take centre stage in the startup world. Its tenets of #making and pitching a successful business idea, as demonstrated by the release and execution of their vision, offer valuable insights to everyone in the startup ecosystem.
Create a Strong Start with Your Own Pitch Deck
Looking to make a similar splash in your industry? It might be time to start working on your own pitch deck. Following the example of successful startups like TBD can set a solid foundation for your venture. Explore our resources including pitch deck examples, templates, and how-to guides to get started.