In what percentage of 1-hour meetings do you eliminate the company within the first 20 minutes?
As a CEO, I've eliminated at least 25% investors in that time period. Given that most meetings start with the company pitch, my guess is 20 minutes would be enough to winnow down the list of hour meetings.
It's hard to say. If it's literally my first exposure to a company, then probably 80% or 90%. But demo days are more complex. I might see 125 companies pitch on stage and try to follow up with 25 of them. So that's 80% eliminated from the demos. For the other 25 companies, I already know a little bit from their pitch and find them interesting, so I'm not sure how many of them I'd be able to eliminate within 20 minutes. My guess is 25%-50% (of the remaining 25), but it's a wild guess.
