A couple of 12 months in the past, I tore down a pitch deck by Mi Terro, based by Robert Luo. Guess who’s again with one other firm? Luo has raised $1.5 million for Tanbii from a Hong Kong household workplace.
Basically, I might be suspicious of a founder elevating cash for a second startup lower than a 12 months after they obtained funded for an additional. I’m desirous to see how that’s been addressed within the Tanbii deck.
As for Mi Terro? It’s nonetheless going: “Mi Terro is doing amazingly nicely. We gained a whole lot of nice traction and plan to lift one other spherical later this 12 months,” Luo informed me in an e-mail.
After all, this places me in an thrilling scenario: I get to look again at what I mentioned could possibly be improved in Mi Terro’s pitch deck (market sizing, traction, and the absence of a contest slide) final 12 months and see how the founder has addressed these points for his new firm.
We’re in search of extra distinctive pitch decks to tear down, so if you wish to submit your individual, right here’s how you are able to do that.
Slides on this deck
- Cowl slide
- Drawback slide
- Answer slide
- Product slide “Net 5.0 Metaverse”
- Worth proposition slide
- The way it works slide
- How Tanbii connects digital and actuality slide
- Product options slide
- Target market slide
- Future imaginative and prescient slide (“Private Carbon Credit”)
- Market dimension (TAM/SAM/SOM)
- Partnerships slide
- Aggressive panorama slide
- Go to market slide (“College Ambassador Program”)
- Roadmap and Enterprise Mannequin slide
- Crew slide
- Advisory board
- Contact and Closing slide
Three issues to like
Proper out of the field, I like that the corporate’s founder is staying in the identical trade (carbon discount) as his earlier firm. It makes it simple to just accept the narrative that whereas constructing one firm, he noticed a possibility for an additional.
Daring downside assertion
On slide 2, the corporate comes out of the gate with a transparent downside: shopper carbon emissions.
[Slide 2] Drawback slide. Picture Credit: Tanbii
Tanbii is presuming that individuals care about their very own private CO2 emissions, and evidently’s not a nasty name: A big survey and analysis examine from Yale exhibits that 65% of individuals consider that residents ought to do extra to deal with international warming. Alternatively, solely 35% of respondents focus on international warming sometimes. The survey didn’t ask whether or not persons are struggling to search out methods to make an impression.
Most individuals agree that lowering CO2 is a good suggestion, although it appears many people are feeling fairly powerless, which is the issue house Tanbii is buzzing into.
A hell of an advisory board
[Slide 17] That’s a hell of an advisory board. Picture Credit: Tanbii
On its final content material slide, Tanbii drops a bomb: It’s obtained an unbelievable advisory board full of people that appear fairly related to the corporate’s general mission and imaginative and prescient.
I’m typically fairly skeptical of advisory boards, and if I have been contemplating investing, I’d decide up the cellphone and phone a few of these of us to see how carefully they’re working with Tanbii. I’m not saying that is the case right here, however I’ve typically had reference calls with advisory board members who go, “Wait, who?” and have actually no concept who the founder is or what the corporate does. So should you put somebody on a slide, ensure they know and are ready to obtain a name out of the blue.
A fast LinkedIn search exhibits that Bulteel lists being an adviser to Mi Terro, however not one of the different advisers promote their affiliation with Tanbii. I additionally found that there have been a bunch of little errors on this slide: “Davids” needs to be “David” and “Warshauser” needs to be “Warshauer.” The subsequent step would positively be a name or two to search out out what’s occurring right here.
Assuming that’s all so as, sure, it is a hell of an advisory board.
Howdy, opponents
I gave the founder grief for the shortage of a contest slide within the earlier deck. Fortunately, Tanbii’s deck has one!
[Slide 13] Rivals! Picture Credit: Tanbii
There’s no scarcity of carbon administration platforms, and an excellent and useful comparability between them is desk stakes for a deck like this. I’ll positively give Tanbii some side-eye for utilizing “Web5” as a bonus, however I do love an excellent comparability chart and this one is simple to learn and perceive. It’s a great way to speak what’s taking place in your market.
In the remainder of this teardown, we’ll check out three issues Tanbii might have improved or executed in another way, together with its full pitch deck!
