Lightspeed partner says 90% of startup pitches are AI-generated junk
Hemant Mohapatra, a partner at Lightspeed Venture, revealed that he gets between 300 and 400 unsolicited startup pitches monthly, noting that 90% of them are created using AI. He stated, "100% of those I can't even read beyond the first paragraph...Pretends to story-tell but falls flat." He advised entrepreneurs to write their pitches by hand and reach out to several investors personally, as this approach is more likely to yield a positive result.
by shortkt.com✓