At TechCrunch Disrupt, three investors stripped startup pitching down to the studs.
Jyoti Bansal (founder-turned-investor), Medha Agarwal (Defy) and Jennifer Neundorfer (January Ventures) walked through what makes a deck pop â and what quietly kills your chances.
1. Kill the buzzword bingo
The panelâs biggest turnoff: pitches drowning in trendy jargon, especially AI.
The more a founder says âAIâ in the pitch, the less AI the company likely uses, Agarwal told the crowd.
Founders actually doing something innovative with AI donât sell it as the whole story, she said. Itâs woven into the product, not the entire pitch.
Translation: If your deck says âAIâ on every slide, investors will assume youâre compensating for a weak product or a shallow tech stack.
Focus your story on the problem, the product and the business â then explain concretely where AI fits.
2. Answer the three questions every investor is really asking
Bansal boiled investor expectations down to three deceptively simple questions.
1) Is the market big enough?
He starts by looking at the size and importance of the problem:
- Is there a large enough market to tackle?
- Could this idea realistically become a huge company?
- Is the problem actually worth solving?
If the upside is capped, it doesnât matter how slick your product is â the math wonât work for venture-scale returns.
2) Why you?
Next, Bansal looks at founderâmarket fit.
âThere has to be something unique about you,â he said, whether thatâs the teamâs background, rare skills or a hard-to-copy insight.
Youâre not just pitching a product. Youâre pitching why youâre the one team that deserves to win when, as Bansal pointed out, any interesting problem will attract â20 other companiesâ trying to solve it.
Ask yourself:
- What do you know or have that others donât?
- Why are you faster, more credible or better positioned?
- What unfair advantage shows up clearly in your deck?
3) What proof do you have?
Finally, investors look for validation.
âTraction with customers,â Bansal said. That could be:
- Early customer feedback
- Revenue
- Pilots or letters of intent
- Any concrete signal that real people care about what youâre building
The form doesnât matter as much as the message: someone outside your team believes this is valuable.
All three questions roll up into one brutal filter Bansal uses:
Could this become a billion-dollar company?
Your deck should make that path at least plausible.
3. If youâre an AI startup, this bar is even higher
The panel spent extra time on AI startups, because that category is now completely flooded.
Bansalâs take: domain expertise plus a clear competitive strategy matters more than sprinkling GPT references across your slides.
Neundorfer said the companies that get her attention are the ones that enable new behaviors, not just slightly speed up an existing workflow.
If your pitch is basically âlike X, but with AI,â youâre in trouble.
Agarwal offered tactical guidance for AI founders:
- Explain how AI actually enables your product. Make the technical value legible to a non-PhD.
- Lay out a clear go-to-market. How do you get your first 10, 100, 1,000 customers?
- Show why youâre more efficient than incumbents. Thatâs where AI should shine in your story.
And be very honest about the competitive landscape.
Agarwal said some founders âlost some credibility with me because you didnât have it on your slideâ when it came to competitors. If you pretend thereâs no one else in the market, investors will assume you havenât done the work â or youâre not being straight with them.
4. Navigating a market that changes every quarter
The conversation closed on how founders should keep their edge as the industry shifts under their feet.
- Agarwal urged founders to stay on top of industry developments â tools, models, regulations, buyer behavior.
- Neundorfer recommended leaning on founder networks to swap whatâs working: tools, tactics, and hard-won lessons.
- Bansalâs advice was the simplest and probably the hardest to follow: âFocus on building your product.â
In other words: you canât network, buzzword and âAI-washâ your way into a great company. You still have to do the unglamorous work: ship, learn, iterate â and show up with a pitch that respects investorsâ intelligence.



