2019
DOI: 10.1177/0266242618818249
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Pitching a business idea to investors: How new venture founders use micro-level rhetoric to achieve narrative plausibility and resonance

Abstract: For entrepreneurial narratives to be effective, they need to be judged as plausible and have to resonate with an audience. Prior research has, however, not examined or explained how entrepreneurs try to meet these criteria. In this article, we addressed this question by analysing the micro-level arguments underpinning the pitch narratives of entrepreneurs who joined a business incubator. We discerned four previously unidentified rhetorical strategies that these entrepreneurs used to achieve narrative plausibil… Show more

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Cited by 39 publications
(51 citation statements)
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References 93 publications
(192 reference statements)
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“…Pitchers who confront journalists, investors, judges, the public, and senior entrepreneurs try to argue that there is a well-prepared team and that customers and envi-ronments that are hospitable for the team and its performance can bring be beneficial, so investors must invest in the venture (van Werven et al, 2019). To support these kinds of claims, explicit arguments and data are not always better than their implicit counterparts (van Werven et al, 2019). Although it looks more like back-up and clarity make arguments more plausible, more materials often make room for audiences to find their weaknesses.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…Pitchers who confront journalists, investors, judges, the public, and senior entrepreneurs try to argue that there is a well-prepared team and that customers and envi-ronments that are hospitable for the team and its performance can bring be beneficial, so investors must invest in the venture (van Werven et al, 2019). To support these kinds of claims, explicit arguments and data are not always better than their implicit counterparts (van Werven et al, 2019). Although it looks more like back-up and clarity make arguments more plausible, more materials often make room for audiences to find their weaknesses.…”
Section: Discussionmentioning
confidence: 99%
“…For example, they need to persuade inner members of the necessity of structural reform of the organization such as downsizing and relieve the dissatisfaction of members for smoother structural reform (Hossfeld, 2018). Corporations also need to get support from investors in two different scenarios; 1) When corporations need to keep and sustain their business, as they need to show how their business is healthy, they need to maintain their trust and loyalty (Al-Hindawi & Naji, 2018), and 2) When corporations need to start their new a project or business, they need to show how their plan is plausible and possible and how they can guarantee profits for investors (Spinuzzi et al, 2014;van Werven, Bouwmeester, & Cornelissen, 2019). Society and governments can implement and abolish laws and policies that can decide the rise and fall of a specific market (Schmidt, 1986).…”
Section: Domain: What Kinds Of Matters Are Focused On and Researched?mentioning
confidence: 99%
“…This type of studies focuses on the description of linguistic or discursive features of the pitch or on the artifacts used (e.g., slide desks). (Blazkova, 2011;Cunningham, 2010;Daly & Davy 2016a;Daly & Davy 2016b, Parhankangas & Renko, 2017Moreau, 2018;van Werven, Bouwmeester & Cornelissen, 2019) C. Process, evolutionary, dialogical research…”
Section: Linguistic and Discursive Featuresmentioning
confidence: 99%
“…There are analytical narrative methods which use the right rhetoric and give an opportunity to get plausibility and resonance (Werven et al, 2019). Additionally, there is a need to analyse the type of investors, there is a need to know the "final customer" and how he or she will react to one or the other chosen strategy (Williams, 2013).…”
Section: Introductionmentioning
confidence: 99%