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In 2025, venture capital didn’t slow down — it got sharper.
Nearly $100B was invested in Q3 2025 alone, up almost 40% year-over-year. But while capital flowed, early-stage investing became more selective. Seed investors are reviewing more decks than ever — and filtering faster. That means one thing for founders: your deck has to work harder. After reviewing thousands of investor decks this year, LvlUp Ventures GP Brandon Maier published a must-read piece on HackerNoon outlining the 25 most common mistakes founders need to leave behind in 2025 when pitching investors.
👇Read the full article on HackerNoon 👇
Full HackerNoon Article | 25 Things to Leave Behind in 2025 for Investor Decks
Below is a concise recap of the biggest themes — and what investors actually want to see.
One of the most common mistakes founders make is treating their pitch deck like a spreadsheet.
Overly complex financials, dense paragraphs, and excessive slides dilute the story. Investors are not looking for a full operating model in the first pass — they’re looking for clarity, judgment, and signal.
Rule of thumb: If a slide can’t be understood in 3–5 seconds, it’s doing too much.
Founders often try to be intriguing instead of clear — and it backfires.
Some of the most frequent red flags Brandon highlights:
If an investor can’t immediately understand:
…they won’t keep reading.
Unrealistic projections, inflated TAMs, and vanity metrics are easy to spot — and they hurt trust.
Investors would much rather see:
“300% growth” without a baseline tells us nothing. Growing from 10 to 30 users is not the same as 10,000 to 30,000.
Claiming you have “no competition” is one of the fastest ways to lose credibility.
Strong decks:
Leaving out the obvious market leader isn’t clever. It signals lack of preparation.
Another common miss: weak or contextless team slides.
Simply listing names and titles isn’t enough. Investors want to know:
Ideas are cheap. Execution history matters.
Surprisingly, many decks still fail at the most basic requirement: a clear ask.
Your deck should make it obvious:
Ambiguity here kills momentum — even if the rest of the deck is strong.
In a more selective seed market, average decks don’t get second looks.
Clean storytelling, credible metrics, thoughtful positioning, and professional design aren’t “nice to have” anymore — they’re table stakes.
Brandon goes much deeper into all 25 points — with direct, investor-side perspective — in the full HackerNoon article.
Full HackerNoon Article | 25 Things to Leave Behind in 2025 for Investor Decks
At LvlUp Ventures, we review thousands of decks every year across pre-seed through growth. If you’re preparing to raise and want direct feedback from investors who actively deploy capital, we’re happy to take a look.