But even more surprising is the type of language that increased investment. After all, concrete language increases understanding, boosts memorability, and has a host of other benefits. So given all that, why did less concrete (more abstract) language increase funding?
The answer, it turns out, has to do with what concrete language communicates about potential. As weâve discussed, concrete language often relates to observable aspects of items, actions, and events. Things that exist in the here and now that we can see,
touch, or feel.
Consequently, concrete language is often quite helpful. It can help people visualize what is
being said and understand complex topics. In the context of pitch language, for example, using concrete language should help potential investors understand what a company does and the immediate problems that it hopes to solve.
But when deciding whether to fund a startup, understanding isnât the main thing investors are looking for. Theyâre not just trying to comprehend a business, theyâre trying to forecast its
potentialânot just whether it will survive but whether or not it will flourish. How likely is this business to grow in the future? Not just a little, but a lot? How easy will it be to scale up?