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Pitch facts & stats

7 fact-checked facts about startup pitch competitions and pitch decks, each with the reason behind it. 5 more are in today's round and join this page after it closes.

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The basics

In a pitch, what is 'the ask'?

AnswerWhat you request from the audience, such as funding or partners

The ask states what you want from listeners.

What does 'MVP' mean in startups?

AnswerMinimum viable product

An MVP is the simplest version that tests the idea.

Going deeper

In the 10/20/30 rule, what does the 30 refer to?

AnswerMinimum font size in points

Kawasaki recommends no font smaller than 30 points.

The TV show 'Shark Tank' is based on a format that began in Japan under what name?

AnswerMoney Tigers

Shark Tank traces back to Japan's 'Money Tigers'.

Which 2011 book popularized the 'minimum viable product' idea?

AnswerThe Lean Startup

The Lean Startup brought the MVP concept to a wide audience.

Expert level

Who wrote 'The Lean Startup'?

AnswerEric Ries

Eric Ries published it in 2011.

Which startup accelerator, founded in 2005, made 'Demo Day' famous?

AnswerY Combinator

Y Combinator's Demo Day showcases each batch.

Know these cold?Today's round is five questions like these, 20 seconds each. Your streak and level follow you to every arena.Play today's round