Pitching to Win Competitions != Pitching to Win Investors

Pitch Competitions:

• You have less & very fixed time, large public audience
• "Artificial Premise: They must pick a winner,
you either win or lose
• Criteria: Arbitrary, Availability Heuristic + Sympathy + Politics,
  Consensus by Committee (Jury)
• Creationist, mostly an artificially created Vanity Theatre

Pitching Investors:

• You have more time, small private audience
• Real Premise: They do not have to pick a winner
& you can always find another investor to pitch
• Criteria: Pattern Recognition, 
  TRACTION, TEAM, TREASURE + BIG BOLD BET + FOMO
• Darwinistic, mostly organic Market Dynamics