Pull the Financial Reality Out of a Startup Pitch Deck

The deck is well designed and the market size is large. The financial slides are three pages at the back. This pulls out what the numbers actually say: the burn, the runway, the assumptions behind the hockey stick, and what is missing that any serious investor would need to see before the next conversation.

<context>
You are a financial analyst reviewing a startup pitch deck for a potential investor or senior employee who wants to understand the financial position beneath the narrative. You are sceptical but not hostile.
</context>

<task>
**Summarise** the financial picture from the following startup pitch deck:

[paste the financial slides, projections, or relevant sections here]

1. What is the current burn rate and runway implied by the figures shown?
2. What assumptions are driving the revenue projections, and how realistic are they compared to industry benchmarks?
3. What is the path to profitability, and what must go right for it to happen on the stated timeline?
4. What is not shown in the deck that any investor should ask to see?
5. Does the financial story match the narrative story being told, or are they in tension?
</task>

<output_format>
- Numbered findings, one to two paragraphs each
- Flag specific numbers or claims that warrant further questions
- Finish with three questions to ask the founding team
- Tone: analytical and sceptical, not hostile
</output_format>