Translating The Sh*t Entrepreneurs Say Pitch Deck Teardown

A detailed teardown of the 'Translating The Sh*t Entrepreneurs Say' slide deck, an educational glossary for startup terminology and pitching workshops.

The 'Translating The Sh*t Entrepreneurs Say' deck is not a traditional startup pitch for capital, but rather an educational resource or workshop guide. Spanning 15 slides, it functions as a comprehensive glossary of the 'Lean Startup' era, defining terms like Pivot, Continuous Deployment, and Freemium. The deck provides specific financial benchmarks for the time, such as a Series A typically ranging from $2 million to $10 million for 20% to 40% equity. It culminates in a practical exercise where the audience is asked to draft a pitch for a project promising immortality, utilizing the vocabula…

Key takeaways

Overview of the Educational Deck

The presentation titled "TRANSLATING THE SHT ENTREPRENEURS SAY" is a 15-slide educational resource designed to demystify the jargon of the startup ecosystem. Rather than pitching a product, the deck functions as a glossary and workshop guide, likely intended for students or first-time founders. It covers the lifecycle of a startup from 'Pre-Alpha' to 'IPO,' providing definitions for technical, financial, and strategic terms common in Silicon Valley-style fundraising.

Slide 1: Title and Introduction

The cover slide features the title "SHT ENTREPRENEURS SAY" and includes a YouTube link. The link appears to be a reference to the source material or a video intended to set the tone for the workshop. The aesthetic is minimal, using black text on a white background, which persists throughout the deck.

Slide 2: Core Lean Methodology Terms

Slide 2 introduces foundational terms for product development. VIRAL is defined as rapidly circulating content. MVP (Minimum Viable Product) is described as having "just those features that allow the product to be deployed, and no more." LEAN is defined as the creation of rapid prototypes to test market assumptions. Finally, CONTINUOUS DEPLOYMENT is explained as code being immediately deployed into production, contrasted against Apple's traditional keynote-style release cycles.

Slides 3-4: The Taxonomy of the Pivot

These two slides provide a deep dive into the concept of the PIVOT , listing ten specific variations. Slide 3 covers:

Zoom-in pivot: A single feature becomes the whole product. · Zoom-out pivot: The whole product becomes a single feature of a larger product. · Customer segment pivot: Solving a real problem but for a different, more appreciative segment. · Customer need pivot: Finding a new problem worth solving when the original one lacks value. · Platform pivot: Changing from an application to a platform or vice versa.

Business architecture pivot: Switching between high-margin/low-volume and low-margin/high-volume models, citing Geoffrey Moore. · Value capture pivot: Changing the monetization or revenue model. · Engine of growth pivot: Choosing between viral, sticky, or paid growth models. · Channel pivot: Changing the mechanism by which the product is delivered to customers. · Technology pivot: Achieving the same solution using a different technology for better price or performance.

Slide 5: Growth and Operations Jargon

This slide defines tactical terms. A/B TEST is the process of sending different solutions to two halves of a customer base to measure performance. CONVERSIONS refers to turning traffic into users and customers. SPLASH PAGE is defined as a "coming soon" page. STEALTH STARTUP is the act of avoiding public attention to work on an idea. BOOTSTRAPPING is defined, noting that in many cases, it involves the 3F's: Friends, Family, and Fools .

Slide 6: Early Stage Funding Sources

Slide 6 focuses on the beginning of the capital stack. It defines SEED FUNDING and provides a link to Seedcamp. It reiterates the FFF (Friends, Family, and Fools) concept as the initial funds necessary to sustain a business until it reaches a state of value. ANGEL INVESTORS are defined as affluent individuals providing capital for convertible debt or ownership. PEER-TO-PEER FUNDING (CROWDFUNDING) is introduced with a link to Kickstarter.

Slide 7: Venture Capital and Financial Metrics

This slide provides specific figures for institutional rounds. VC (VENTURE CAPITAL) is the header for Series A , which the deck states is typically between $2 million to $10 million , representing 20% to 40% of the company. It notes this round is intended to provide a RUNWAY (defined as how long the money will last) of 6 months to 2 years . It also mentions Series B/C as subsequent significant funding rounds and provides a link to Crunchbase .

Slide 8: Ecosystem and Media

Slide 8 defines the surrounding environment. SOCIAL COMMERCE is described as a subset of e-commerce involving social media. The term KILLER (e.g., "Google Killer") is defined as a company intended to replace a dominant incumbent. The slide also links to Mashable (Social Media News Website), SXSW (South by South West Startup Village), and Summit Series .

Slide 9: Support Structures and Business Models

The deck distinguishes between INCUBATOR (Free/Cheap Space) and ACCELERATOR (Access to mentors and fixed-term funding). It lists Y Combinator and Techstars as examples. Under BUSINESS MODELS , it defines FREEMIUM as a digital offering provided free of charge with a premium charged for advanced features.

Slides 10-11: Innovation Cycles and Product Status

Slide 10 defines DECK (PitchDeck) and uses Clay Christensen’s definitions for Disruptive Innovation (creating new markets) and Sustaining Innovation (evolving existing ones). It also defines PRE-ALPHA (prior to testing) and ALPHA (prototype testing). Slide 11 continues with BETA (limited release) and CONSTANT BETA (a culture of continuous innovation). It also defines MONETIZE and GAMIFICATION , providing a specific example of using GPS to award points for crossing the road on a green light.

Slides 12-13: Legal, Exit, and Marketing

Slide 12 covers IPO , IP (Intellectual Property) , TERMS OF SERVICE , PRIVACY POLICY , and TAKEDOWN NOTICE . Slide 13 defines EXIT STRATEGY (Sale/takeover/IPO) and NETWORK EFFECTS , providing a scale for strength: 25% of friends is weak, 50% is medium, and 75% is strong. It also defines SEO and AD WORDS , distinguishing between Pay per Click and Pay per Impression.

Slides 14-15: The Workshop Challenge

The final section, QUEST FOR IMMORTALITY , provides links to content about Dmitry Itskov. Slide 15 presents the assignment: "WRITE A PITCH ASKING ME (THE INVESTOR) TO PUT MONEY INTO A PROJECT IN WHICH YOU CAN ATTEMPT TO PROMISE ME IMMORTALITY." The prompt requires participants to use the vocabulary taught in the lesson, state a raise amount, and outline a business plan with long-term goals.

What Works in This Deck

As an educational tool, the deck is highly effective at categorizing complex concepts into digestible bullet points. The inclusion of specific financial ranges for a Series A round (Slide 7) provides a concrete benchmark that is often missing from general startup advice. The taxonomy of pivots (Slides 3-4) is particularly thorough, moving beyond the generic definition to show the strategic variety available to founders. Furthermore, the use of external links (Kickstarter, Crunchbase, Y Combinator) grounds the definitions in real-world entities, allowing students to explore the ecosystem independently.

What is Missing

Because this is a glossary deck, it lacks any company-specific data, team information, or market analysis. There are no unit economics, competitive landscapes (other than the definition of a 'Killer' company), or traction metrics. The deck is also dated in its references; for example, the SXSW link refers specifically to the 2012 festival (Slide 8). While the definitions remain largely accurate, the specific dollar amounts for funding rounds and the popularity of certain terms (like 'Gamification') reflect the 'Lean Startup' era of the early 2010s rather than the current venture landscape.

Founder Takeaways

Founders can use this deck as a checklist for their own pitch preparation. If a founder is claiming to be 'Lean' or 'Viral,' they should ensure their internal metrics align with the definitions provided here. The 'Pivot' slides are especially useful for founders who are currently repositioning their companies; using the specific terminology (e.g., "We are executing a Zoom-in pivot") can signal to investors that the founder has a disciplined, framework-based approach to strategy. Finally, the workshop prompt on Slide 15 is a valuable exercise for any founder: if you can pitch a concept as 'crazy' as immortality using professional business terms and clear goals, you can likely pitch a standard SaaS or hardware product with much greater ease.

Frequently asked questions

Is this a real startup pitch deck?
No. This is an educational presentation or workshop guide designed to teach startup terminology. It does not represent a specific company seeking investment, but rather explains the language entrepreneurs use when they are pitching. The final slide confirms this by asking the audience to perform a mock pitch exercise based on the 'vocabulary taught in this lesson.'
What are the typical Series A terms mentioned in the deck?
According to Slide 7, a typical Series A round is in the range of $2 million to $10 million. In exchange for this capital, investors usually purchase 20% to 40% of the company. The deck notes that this funding is intended to provide the company with a runway of 6 months to 2 years.
How does the deck define the different types of pivots?
Slides 3 and 4 list ten types of pivots: Zoom-in, Zoom-out, Customer Segment, Customer Need, Platform, Business Architecture, Value Capture, Engine of Growth, Channel, and Technology. For example, a 'Zoom-in pivot' is when a single feature becomes the whole product, while a 'Business Architecture pivot' involves switching between high-margin/low-volume and low-margin/high-volume models.
What distinction does the deck make between Incubators and Accelerators?
Slide 9 defines an Incubator primarily as 'Free/Cheap Space to startup a company.' In contrast, an Accelerator is defined by 'Access to excellent mentors and introductions to get a business going,' typically using a fixed amount of time and including seed funding. It cites Y Combinator and Techstars as examples of combined incubator/accelerator models.
What is the 'Quest for Immortality' mentioned at the end?
The 'Quest for Immortality' (Slide 14) refers to a specific creative exercise. It provides YouTube links related to Dmitry Itskov and immortality, then challenges the audience on Slide 15 to write a business pitch asking an investor for money to fund a project that promises immortality, using the startup vocabulary defined earlier in the deck.

Translating The Sh*t Entrepreneurs Say pitch deck PDF

The full Translating The Sh*t Entrepreneurs Say deck is embedded on this page and can be read slide by slide in the browser — no download or account required. Each slide is covered in the breakdown above.

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