How to get automatically rejected by an angel investor
Thanks for posting this.I disagree slightly with the point on 5 year projections.  With any economic model, garbage in means garbage out.  I think everyone knows this.  In addition to re-packaging your model to answer more relevant questions as Jason suggests why not also have a conversation on your assumptions/inputs, defending them with the logic used and comparable examples.I don't have vast experience pitching to angels, but I've helped large enterprises size markets for new products and offerings.  I've found that having a good conversation on your inputs helps tremendously in getting past that initial "smell test."  Most of the time, people just need to hear the reasoning behind using such and such multiplier, growth rate, etc.Yes its all crap.  But thats the nature with any model.  Showing that your crap smells less than others may be a good starting point to consider.