"Pitch decks are slide shows that give investors and customers key details about a company's founders, its product, and its financial performance. "I just write a memo and I tell them you can do a Q&A and ask whatever you want," Srinivas said, referring to potential investors. "And anything else that is not internal data, you can ask Perplexity. Like, it already knows everything.""
""Then there was a lot of follow-up questions from there that they sent in a long email," he said. "I copied the entire email, put it into Perplexity, and said: 'Answer it like Aravind.'" "So I actually just replied to that email with the Perplexity answer link, and I asked, see if this suffices. If not, I can add more context," he said. "They said: 'This is wonderful.'""
Aravind Srinivas cofounded Perplexity in 2022 after research roles at Google's DeepMind and OpenAI. Perplexity raised a $25.6 million Series A in March 2023 and later sought additional funding at a reported $20 billion valuation. Srinivas abandoned slide-based pitch decks in favor of concise memos and live Q&A, encouraging investors to query the product directly. He fed investor follow-up emails into Perplexity, used the AI to craft replies in his voice, and shared AI-generated answer links with investors, which satisfied them and resulted in wired investments. Perplexity has attracted backing from investors including SoftBank, Nvidia, and Jeff Bezos.
Read at Business Insider
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