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Reviewing your deal flow

What the statuses mean, how deal flow is ordered, and how to act on a startup.

Deal flow is every startup we've matched to your thesis, waiting on your decision. It's ordered by thesis fit, strongest first, and you can switch that to most recent.

Where do I find startups in my deal flow?

You can find these in the deal flow tab on platform.thatround.com, or in your email. Every startup opportunity that comes your way, we'll send this direct to your inbox with a link. The link takes you into your deal flow, where you can read the full picture and act on it.

What do the tabs mean?

  • To review: waiting on your decision

  • Expired: 30 days went by without a decision

  • Not a fit: the startup applied but didn't meet your criteria, so it didn't reach you

  • Passed: you decided not to go ahead

  • Favourites: startups you've saved to come back to

Once you've been introduced to a startup, you'll find it in My startups rather than here.

What's the difference between Not a fit and Passed?

Passing on a startup is your call. Not a fit is ours, made against the criteria you gave us.

Neither is final and you can see both, so nothing leaves your deal flow quietly. If you open something and think it's worth a conversation, you can reopen their application at any time.

You're filtering out too many startups. How do I change that?

Two things to look at, depending on what's being missed.

Loosening your matching strictness in Preferences gives more leeway on your preferences, so near misses come through. It applies to new applications rather than anything already in your deal flow.

Editing your investment criteria changes what gets ruled out entirely, since your essential criteria always apply whatever your strictness setting.

What can I see about each startup?

Their thesis fit out of 100, where they fit your thesis, and any caveats worth knowing. Their pitch page and pitch deck are both there too.

You'll also see their traction on ThatRound: how many investors they've matched with, how many they've been sent to, and how many are in conversation with them.

Everything is laid out in the order of what you've told us matters most, so the thing you'd normally go hunting for in a deck is the first thing you read.

What happens if I don't action something?

After 30 days it moves to Expired. You can still get introduced or pass on it after that, so nothing is lost.

Can I pause my deal flow?

Yes, in Preferences. Pausing stops new applications reaching you, and anything already in your deal flow stays put.

How do I act on a startup?

Press Get introduced, or Pass and add a reason if you'd like to. There's more in Getting introduced to a startup and Passing on a startup.

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