Cyberseed Startup Competition 2024 at Black Hat MEA
Hesham Elzoghby
Cyber Security & Business Operations | Full Time Learner | Lecturer | ISO22301 LI | ISO 27001 LA | ISO 20000 LI | ISA 62443 | CISM | CISA | CRISC | GRCP | PCI -DSS | SWITF Assessor CEMEA
To all the Founders will participate at the CyberSeed Startup Competition, designed to spotlight and accelerate the most promising cybersecurity startups at Black Hat MEA .
https://blackhatmea.com/black-hat-mea-cyberseed, ??????? ??????? ????? ????????? ???????? ???????? | SAFCSP Black Hat MEA Black Hat Tahaluf
Check the Tips below for doing good Pitches for your startup company.
The founder should be able to answer:
1) What do you do & Why?
- > Start with a straightforward description combining the company name and core function.
- > Avoid complex setups or trying to make the idea sound overly impressive.
- > Focus on making the listener interested enough to ask for follow-up. questions.
2) Market size
- > Choose between researching existing market data or creating estimates for new markets by using your company's value in the market.
-> Include concrete calculations showing the total addressable market and your potential share.
3) Progress
- > Demonstrate impressive output relative to time invested.
-> Prioritize real achievements in product and customer acquisition "Very Important".
-> Quantify progress with specific metrics: user growth, revenue increases, and product iterations completed.
-> Focus on conveying speed and efficiency of execution regardless of company stage.
4) Unique insights
- > Share specific insights from customer interactions, market analysis, and firsthand experience.
-> Explain the non-obvious elements that give you a competitive advantage "Vert Important".
-> Use clear, simple language to convey complex insights.
-> Back insights with concrete examples and data.
5) Business model
- > Clearly state whether you have a defined revenue model or are focusing on growth first.
-> If uncertain, acknowledge industry standard models you're likely to adopt.
-> Present one clear, confident revenue strategy rather than multiple possible options.
-> Explain how your model aligns with market dynamics and customer behavior.
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6) Team
- > Share the number and roles of founders, emphasizing technical capabilities.
-> Length and nature of founding team relationships.
-> Full-time commitment status of all team members.
7) What do you want?
-> Clearly state funding amounts, strategic help, or specific introductions needed.
-> Avoid vague questions about validation or general feedback.
-> Make it simple for Startups Judges at the Competition Panel & investors to understand how they can help you succeed.
Summarise the 7 Points above, Keep your Pitch Simple and Visual as much as you can. Aim for a pitch deck that is visually appealing and easy to digest. Use images, charts, and graphs to make your key points, and avoid overwhelming your audience with too much information at once.
-Title Slide – Company name, logo, tagline.
-Problem – Define the problem you’re solving.
-Solution – Describe your product/service and how it addresses the problem.
-Market Opportunity – Showcase market size and growth potential.
-Product / Experience – Highlight key features and current status.
-Traction – Show progress and key metrics.
-Business Model – Explain how you make money.
-Go-to-Market Strategy – Describe how you’ll acquire customers.
-Competitive Landscape – Compare yourself to competitors and -highlight your advantages.
-Team – Introduce the key team members and their expertise.
-Financials – Provide financial projections and key metrics.
-The Ask – State how much capital you’re raising and what it will be used for.
-Call To Action – Summarise the opportunity and next steps.
Best of Luck to all Founders at the Cyberseed Startup Competition 2024 at Black Hat MEA. The photo in the post from the last year.
#startups #cyber security #information security #tech #tip #pitch
?? Offensive Security Specialist & Cybersecurity Researcher | Ethical Hacking Expert | Safeguarding Digital Infrastructure Through Proactive Vulnerability Discovery
3 个月Useful tips, Thanks
A PCI DSS QSA and Cybersecurity Compliance Senior Consultant with 19+ years of experience in information security, specializing in cybersecurity compliance, risk management, governance, Security Architecture, and PCI DSS
4 个月Worth attending