What Investors Want to See in Your Pitch Deck, with Decko's Robert Harary
Decko founder Robert Harary breaks down exactly what active VC investors expect in a pitch deck — and how to stop leaving meetings on the table.
Jason Kirby· February 1, 2023· 3 min readThe short version
- A weak pitch deck kills conversations before they start — most founders don't see the cost until it's too late.
- Decko connects founders with active VCs during deck development, not just designers.
- Outside perspective fixes the most common deck failures: buried problem, weak traction framing, top-down TAM.
- Build the deck first, then match it to a targeted investor list filtered by stage, sector, and recent activity.
- Founder and VC background in a deck firm matters more than design polish alone.
Your pitch deck is often the only thing standing between you and a first meeting with an investor. Most founders underestimate how much a weak deck costs them — not just rejections, but the conversations that never start at all.
What Investors Actually Want to See
Robert Harary, co-founder and Partner at Decko, built his firm specifically to bridge the gap between how founders tell their story and what active VC investors need to see to say yes. His perspective is grounded in both sides of the table — VC and founder backgrounds — which shapes how Decko approaches deck development.
The AMA session below covers the specific questions investors ask when they open a deck, the slides that most often get skipped, and the signals that tell a VC whether to keep reading or close the tab.
"Founders are expected to wear too many hats, and sometimes it's faster and easier to have a third party supercharge your deck." — Jason Kirby
Watch the full session here: What Do Investors Want To See In Your Deck — AMA with Decko's Robert Harary
The Case for Outside Help on Your Deck
Founders routinely underestimate the pitch deck as a deliverable. It isn't a slide show — it's the first filter every institutional investor runs you through. Getting it wrong means your idea never gets a fair hearing.
The core problem is proximity. Founders are too close to their own product to write about it the way an outside reader — one who sees hundreds of decks a month — actually processes it. A third-party firm with VC relationships can reframe the narrative with that reader in mind.
Decko's model connects startup founders directly with active VC investors during the development process, so the output reflects what that audience responds to, not what founders assume they want.
What that kind of outside perspective typically fixes:
- Burying the problem statement behind too much company history
- Traction slides that show activity instead of momentum
- Market sizing that uses top-down TAM without defending the bottoms-up number
- Competitive landscape slides that undersell differentiation
- Financials that don't connect to the ask
Matching a Strong Deck to the Right Investors
A well-built deck only works if it reaches investors who are actively deploying capital in your category. Sending a polished deck to the wrong list is still a dead end.
The workflow that makes sense: sharpen the deck first, then target outreach. Rushing investor outreach with a draft deck wastes the one shot you get at a cold introduction.
What good investor targeting looks like:
- Filtering by stage, sector, check size, and recent portfolio activity — not just firm name
- Prioritizing investors who have written checks in your space in the last 12–18 months
- Reaching out directly rather than waiting for warm introductions that may never come
- Personalizing the outreach so the deck lands in context, not as a cold attachment
The combination — a deck built for investor audiences, sent to a targeted list of relevant investors — is the repeatable process serious fundraisers use.
Why Founder Background in Deck Design Matters
Generic design agencies can make a deck look good. That's not the bottleneck. The bottleneck is whether the narrative structure, the metrics chosen for emphasis, and the framing of the opportunity match the mental model of an early-stage VC reading it cold.
Decko's value proposition is that their team carries VC and founder experience, not just design experience. That means they know which slides investors linger on, which metrics get stress-tested in due diligence, and how to sequence the story so momentum builds rather than stalls.
"With the ability to identify tailored lists of potential investors from a vast pool of options, as well as the ability to facilitate direct outreach, founders' pitch decks will be viewed by the right investors, at the right time." — Robert Harary, Decko
If you want Decko to develop or upgrade your deck, you can request a quote directly from their team.
Questions founders ask
What does Decko actually do differently from a design agency?
Decko connects founders with active VC investors during the development process, so the deck is built around how investors actually evaluate opportunities — not just how it looks.
What are the most common pitch deck mistakes investors notice?
Burying the problem statement, using top-down TAM without a bottoms-up case, traction slides that show activity rather than momentum, and financials that don't connect to the funding ask.
Should I fix my deck before reaching out to investors?
Yes. Sending a draft deck to investors wastes your one shot at a cold introduction. Sharpen the deck first, then target outreach to investors actively deploying in your category.
Your situation isn't generic. Neither is the answer.
Ask your question and get a straight answer, sourced from 100+ founders and investors who have raised and exited at scale.
Ask your board