'Answer it like Aravind': CEO of the complexity says that he does not build pitch decks, uses AI to answer investor questions

While the founders of the start usually spend weeks to make the perfect pitch deck, AI CEO Aravind Srinivas says he says he answers his own AI investor questions to secure financing. The AI ​​uptart last raised $ 73.6 million at a $ 520 million valuation, according to a report by the information. In an interaction with Berkeley Haas, Srinivas revealed that he had not yet created a pitch deck, as Parplexity completed his series A round in March 2023, when the startup raised $ 25.6 million. Instead, Srinivas says he trusted in written memos, live Q&A sessions, and the most striking AI-generated reactions to close later financing rounds. “Series A was the only time I made a pitch deck. I’ve never done a pitch -deck for any of the other round for funding of confusion,” Srinivas told the audience. “I’m just writing a memo, and I tell them that you can do a questions and questions and ask what you want.” For those who are not familiar with the initial fundraising conventions, a pitch -deck is a short presentation that is usually about 10-20 chips and is designed to give investors an extensive overview of the business. AI tone height that helped close a financing round, perhaps the most striking example of his AI first fundraising approach came to light during the most recent financing round of Patplexity. After averting questions during a zoom call with potential investors, Srinivas received a long follow-up email with detailed questions. “I copied the whole e -mail, put it in confusion and said,” Answered it like Aravind, “Srinivas remembered the incident. The AI ​​then drew from the public record of its YouTube interviews, blog posts and other public statements to deliver extensive reactions in his voice. Srinivas acknowledged that he was even surprised at the reaction of the AI: ‘I took it out and saw it. And it was like ‘damning, I don’t think I could work as well as this’,’ ‘The Indian-born entrepreneur then sent the Pastplexity answer to the investor and asked,’ See if it is sufficient. If I can no longer give context. “It seems to be good enough, Srinivas seems to remember the investor’s answer:” And then they say, it’s great, and they wired the money the next day. “