Skip to content
Module 07 · The demo day pitch~12s dwell · weight 6

Why now

Name the specific shift (regulatory, technological, or behavioral) that makes this solvable now and not five years ago.

Sequoia's business plan template frames timing as a distinct, brief section; compressed to stage time this runs about 10-15 seconds, one causal sentence tying a market shift to your window.

Include
  • One named shift with a date or trigger event
  • A causal link from the shift to why your solution is newly possible
  • Why incumbents couldn't have built this before the shift
Cut
  • Generic claims like 'the world is going digital'
  • Multiple unrelated trends stacked on one slide
  • Timing arguments with no specific date or trigger
Red flags a reader notices
  • The 'shift' described has been true for over a decade
  • No causal link is drawn between the shift and the product's timing
  • The slide describes a trend but not why it enables this specific business
Pitfalls behind them
  • Citing a trend everyone already knows without a specific trigger date
  • Failing to explain why incumbents missed this window
  • Treating why-now as filler instead of a load-bearing argument
60-second self-test
  • · Can I name a specific year or event that triggered this shift?
  • · Would this pitch have been impossible to make three years ago, and can I say why?
Template
Since [specific trigger/date], [shift] has made [capability] possible for the first time.
Weak

"Remote work is changing everything about how businesses operate."

Strong

"Since 2023, contractor headcount at US startups grew 38% while banks still take 9 days to settle a cross-border wire, opening the gap Nimbus Payroll fills."

A dated statistic plus a named incumbent failure explains why this is solvable now, not in 2018.

Quick quiz

1. What makes a why-now slide credible rather than generic?
  • Citing a well-known industry-wide trend
  • Naming a specific trigger, date, or statistic that causally connects to your product's timing
  • Comparing yourself to a famous prior startup
  • Mentioning that the market is growing

A dated, specific trigger shows the founder understands exactly why this window opened, not just that change exists.

2. Which why-now line is strongest?
  • The world is becoming more remote and global every day.
  • Since 2023, contractor headcount at US startups grew 38% while bank wires still take 9 days.
  • Technology keeps advancing rapidly.
  • Now is a great time to build in this space.

It names a year, a growth statistic, and a specific incumbent bottleneck.

Sources