John O'Rourke
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Sounds great, so popular in fact that it featured on my college course this year. I agree that it can be misused, I think that it needs to be taken as an alternative to a business plan, rather than a replacement. The issue here is that business plans are mostly static and the canvas is fluid and iterative.
I think the investor input will be important to show how the canvas adds value to the pitch from an investment perspective.
John