While pitch decks are supposed to accompany a presentation, I would guess that far more people review them after being emailed the deck, rather than live with the founders. Reading pitch decks without an accompanying presentation can be annoying, and a lot of crucial info can be lost.
My question - for something that’s going to be emailed around, why don’t most people use 2-3 page writeups setting out the plan for the company instead. Explaining things that way would be a lot more effective. Jeff Bezos famously banned PowerPoints at Amazon, as he found they led to wishy-washy thinking, and had his executives do 6-page long-form writeups of any ideas instead. Seems like a good principle to follow for pitch documents too, and doing things this way may be a way for a company’s docs to stand out.
Was just curious for people’s thoughts on why we don’t see more of this. Is it just “Investors don’t like to read long documents?”