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Competition

Show you understand the landscape and have a defensible wedge. Underrated by founders, scrutinized by investors, they spend ~17 seconds here.

Next step

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Include, tick each as you draft

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Cut

  • 'We have no competitors'
  • A 2x2 rigged so you're alone top-right
  • Ignoring the incumbent workaround (usually Excel + email)
  • Rating every competitor worse on every axis

Red flags investors call out

  • !'We have no competitors', reads as naivety
  • !Every competitor worse on every axis (transparently rigged)
  • !No mention of the status-quo tool most customers use

Common failure patterns

What experienced readers spot first when this slide is weak.

  • 1The 2x2 axes are chosen so you're alone in the winning quadrant.
  • 2The 'status quo workaround' (Excel, email, in-house tools) is missing entirely.
  • 3Every competitor is scored worse than you on every axis, transparently rigged.

Run this against your own slide (60 seconds)

  • ?Is the incumbent workaround (the tool 60%+ of prospects actually use today) on the slide?
  • ?Can you name one axis on which a serious competitor legitimately beats you?

If either answer is no, the fix is above in Include or in the Weak vs. strong block below.

Starter template

[Incumbent A] owns [segment]. [Incumbent B] owns [segment]. Most customers still use [status quo]. We win [our segment] because [durable advantage].

Weak vs. strong, the same slide, rewritten

Weak

We have no direct competitors.

Strong

Deel & Remote.com own enterprise EOR. Rippling owns US-first mid-market. 63% of remote-native software cos still stitch a US EOR + Wise + a spreadsheet, that's our wedge, and we win because Nimbus is one vendor of record in 40 countries, paid from Slack.

Names real incumbents by segment, names the real workaround (EOR + Wise + spreadsheet), and states a defensible wedge in one line.

Length: 1 slideInvestor dwell: ~17sWeight in audit: 7

Check yourself

Saying 'we have no competitors' usually signals…
The strongest competition slide includes…

Sources

See the full methodology for how dwell seconds and scoring weights are derived.