What it is
A one-page model you can argue with.
A single-page snapshot of the venture: the company in one sentence, the problem in customer language, the solution and what makes it work, the market and the segment you serve first, the business model and headline traction, the team and the ask. It is investor-facing, but it is also the document you send to a candidate, a partner, or a journalist when they ask "what does your company actually do?"