Writing the one-pager
The one-pager is the document an investor reads before deciding whether to read your deck. 280 words, one screen, one purpose: get the meeting.
What the one-pager does
It's not a teaser. It's not a press release. It's a forwarding device. When an angel reads your one-pager, the test is: can they forward it to a partner-friend with a one-line endorsement and have that friend understand the deal in 90 seconds? If yes, you've written a good one. If no, rewrite.
The five-section anatomy
1. The headline (15 words)
Company name, what you do in one sentence, and one specific number. Stellar Labs is building real-time FX rails for cross-border SMB payroll. Live with 14 design partners. Not “We're disrupting payments” — that's filler.
2. The problem (40 words)
Who has the problem, what it costs them, and why it persists. Quantify: “42% of SMBs that hire across borders cite payroll FX cost as their #1 finance pain — typical bleed is 2.4% on cross-border, 3-day settlement”. Don't generalise; pick one specific customer archetype.
3. The solution (50 words)
What you do, why it works, and the one-line proof point. Avoid jargon. Avoid the words “platform” and “ecosystem” — they're synonyms for “we don't know yet”. The proof point is a number: ARR, pilot count, retention, signed letters of intent.
4. Traction (40 words)
The single most under-written section. Three numbers, three months. $4.2M ARR pipeline · 3.1× MoM revenue growth · 94% logo retention. If you have nothing yet, write what you've validated qualitatively (signed pilots, design-partner logos, NPS) — but be honest.
5. The ask (35 words)
How much, what stage, what it gets you, who you've already got. Raising $1.4M seed at $14M post · led conversations with 6 micro-VCs · committed: $350K from Better Capital + 4 angels · need: thesis-aligned lead.
A worked example
Common failure modes
- Vision instead of evidence. “We're building the future of payments” is not a one-pager. “We've signed 14 design partners and processed $12M last month” is.
- Adjective inflation. “Game-changing”, “revolutionary”, “next-generation” — every one of these adds zero information. Cut.
- Hidden ask. If your one-pager doesn't tell me how much you want, what stage, and who you've got — investors assume you're a mess.
- Overlong founder bios. One sentence each, max. The deck has space for the rest.