Week 7 on Technopreneurship - Cedie Jaraula

source: www.google.com

                A pitch, in its broadest sense, is a presentation of a business idea to prospective investors. People pitch a company when they are in need of funds. If the goal is to raise funds for a startup, the investor is the target of the pitch. Other companies make sales pitches to prospective clients. People pitch a company when they are in need of funds. If the goal is to raise funds for a startup, the investor is the target of the pitch. Other companies make sales pitches to prospective clients. Finally, some companies pitch because they need a partner or resource to assist them in achieving their objectives. With all that in mind, a business product must be profitable, useful, and identifiable in order for investors to back the venture. As a result, customers would see the business product as a convenient way to accomplish its goal. Furthermore, the overall idea and effort put into starting the business were not a complete failure.