The Myth of the
Number-Crunching Robot
Investors are humans.
Science proves emotion drives human decision-making; logic simply follows.
Win the "yes" in their gut, and provide numbers to help their brain justify it.
THE PROBLEM
You just wrapped up a flawless pitch. Your financial projections are bulletproof. Your value proposition makes perfect sense. You walk out of the boardroom expecting a “Yes.”
Instead, a few days later, you get the message:
"We just aren’t liquid right now."
"Our portfolio is completely full for this quarter."
"This is just a bit outside our core investment thesis."
When you’re needing capital, it is incredibly frustrating to hit these walls. But let’s be honest: these excuses are polite fictions. We have to think this way or we never take full responsibility for an unsuccessful pitch.
When an investor gives you one of these reasons, it is rarely a structural reality. Think about it; if the next multi-billion-dollar, world-changing opportunity walked into their office tomorrow, do you think they would let it walk out? No. They would suddenly “find” liquidity. They would make room in that "full" portfolio. They would bend their rules in a heartbeat.
The hard truth is that these rejections represent a failure to influence the investor. Instead of walking away thinking, "They just aren't interested or able," the most successful fundraisers ask themselves, "How did our pitch fail to interest them?"
THE SCIENCE
The reason most pitches fail to move an investor is likely because they were treated like a rational, number-crunching robot. All they care about is numbers, right?!
Wrong.
In the startup world especially, founders are constantly taught to strip the humanity out of their presentations. They are told to focus purely on data, projections, and logic. But investors are not algorithms; they are human beings with emotions. They are driven by the same things that drive you–ego, legacy, the fear of missing out, and a deep desire to build something meaningful.
Harvard Business School professor Gerald Zaltman famously established that 95% of all purchasing and investment decisions take place in the subconscious mind. In other words, decision-making is driven primarily by emotion, not logic.
Author and leadership expert Simon Sinek popularized this by mapping communication to human biology. When you pitch pure data, features, and financial projections, you are speaking to the neocortex. This is the newest part of the brain, responsible for rational, analytical thought and language. It can understand your spreadsheets perfectly, but it does not drive behavior.
However, when you pitch a deeper purpose, a compelling story, and human impact, you are speaking directly to the limbic brain. The limbic system is responsible for all of our feelings, such as trust and loyalty. More importantly, it is responsible for all human behavior and decision-making. The limbic brain has no capacity for language, which is why investors often struggle to explain why they are passing on a logically sound deal, or why they are taking a massive risk on a specific founder. They call it a "gut feeling."
If you don't connect with an investor's emotions, their brain will easily find a hundred logical, polite reasons to say no, because...
Emotion dictates the decision. Logic simply justifies it.
THE REALITY
A pitch built heavily on numbers doesn't just bore investors, it actively fights against the science of human decision-making. A great pitcher commands the room, moves the investor emotionally, and wins the "yes" in their gut first. The financials are simply there to help the brain justify the decision the heart has already made.
If you are still sitting there thinking, "My investors don't care about this emotional fluff," my response to you is simple: Make them care. If your pitch isn't captivating enough to move them, that isn't their lack of vision, it’s a failure to pitch vision.
The stakes are too high to ignore the psychology and biology of human decision-making when pitching to humans. If you keep relying on numbers to do the heavy lifting, you will just keep collecting polite rejections until you burn through your entire network.
THE SOLUTION
That is where we come in. At Caruthers Consulting, we partner with visionary founders and executive teams to effectively pitch their vision to investors.
If your team is getting stuck behind the polite fictions of the investment world, it is time to change the narrative. When you bring us in to coach your leadership team, we will:
Humanize Your Pitch: We strip away the dry corporate speak and build a narrative that proves your character and integrity—the true risk mitigators that put investors at ease.
Pique Curiosity and Imagination: We transform your raw data into a compelling story that makes investors want the future you are building to exist.
Move the Investor: We restructure your presentation to speak directly to the limbic brain, moving the investor's heart and turning polite rejections into absolute FOMO.
You have a world-changing vision and the drive to execute it. Now, it is time to arm your team with a pitch that actually moves people—not robots—to fund it.
I want to help you to capture attention and inspire action. I know how frustrating it can be to feel like you nailed a pitch, but still got a “No.” Two decades of performance and public speaking, combined with my MA in Clinical Counseling and university professorship, have equipped me to help leaders develop and deliver a message that causes people to listen, remember, and act. From local boardrooms to international event stages, I know what it takes to capture and move an audience.
- Jeremy Caruthers