Business
DocSend Pitch Deck Interest Q3 2021 Data Shows Consistent Highs for VC Interest, Record Lows for VC Time Spent on Pitch Decks
New analysis shows pitch deck interactions increased 25% year-over-year; VCs are sprinting through pitch decks in 2 minutes, 44 seconds on average SAN
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[{"type":"text","content":"New analysis shows pitch deck interactions increased 25% year-over-year; VCs are sprinting through pitch decks in 2 minutes, 44 seconds on average\n\n\nSAN FRANCISCO, Oct. 19, 2021 /PRNewswire/ -- DocSend, a secure document sharing platform and Dropbox (NASDAQ: DBX) company, released new data analysis based on its Pitch Deck Interest metrics showing that startup founder and investor activity continued to post year-over-year (YoY) gains in the third quarter of 2021. At the same time, the data also shows that the amount of time investors spent reviewing pitch decks hit a record low. \n\n \n \n \n \n \n \n\n \nThrough its Pitch Deck Interest, DocSend tracks activity and engagement on pitch decks (shared via DocSend) to analyze investors' hunger for deals and founders' quest for capital. Its metrics analyzes the following:\nFounder links created: How many pitch decks founders are sending out to investors Investor deck interactions: The number of pitch decks investors are reviewing from founders Investor time spent: How long investors spend reading pitch decks The overall supply of founders seeking funding – measured via pitch deck link creation per founder – increased 26% year-over-year in Q3. Pitch deck interactions from VCs is an indicator of demand in the market and increased 25% year-over-year in Q3. Despite a return to travel during the summer vacation months, investor activity continued to outpace engagement metrics from 2020 and previous years. \nGrowth in founder activity and investor interest has been steady over the last year after the initial pandemic slump in March 2020. Pitch Deck Interest data for the first nine months of 2021 show that the market remains strong, with founder links created up 34% and pitch deck interactions up 41% year-over-year for this time period.\nWith record-breaking deal dollars going into funding startups this year, VCs are pouring over pitch decks at breakneck speed to keep up: time spent on deck was down to 2 minutes, 44 seconds, a decrease of 2.5% since Q2 2021 and down 4.5% from a year ago. \nThe year-over-year comparison of investors' time spent on decks shows a consistent push to get through pitches faster, with the average time continuing to tick down. The year-to-date (YTD) comparison shows a more dramatic decline, down 12.3% from 3 minutes and 10 seconds in 2020 to 2 minutes and 47 seco...