Changing Ms to Bs

2

When setting a valuation to ones industry, this refers to changing the numbers on one's presentation slides to reflect that the industry they are disrupting is worth billions not millions. Investors aren't looking to put money in million dollar companies as much as they are ready to invest in potential billion dollar ones.

"Back then I didn't know what the hell a Pitch Deck was. Sam Altman looked at my slides and told me to change all the ms to bs because thats the only thing that interests investors. "

Added by yungsnuggie yungsnuggie over 5 years ago