Raising money has always been an uphill task. Not only do you need to have an amazing product or service, you need a great team, traction in the business, possibly be profitable and on top of all this, you need to compete with other similar businesses. Venture capitalists see thousands of pitches a year however only select a handful few who show absolute promise of returns on their investment. It’s no wonder, newer formats are being used to reduce the time spent on each pitch. Polar Bear Pitching is the perfect example. As part of the event, entrepreneurs stand waist-deep in icy cold Baltic sea and pitch to the investors. Quite an effective way to ensure pitches end quickly. And this is why elevator pitches do wonderfully. They are short, precise and effective enough to get the attention of an investor. Since time is crucial, visual representation of data becomes…