A decade ago, institutional LPs evaluated 150-200 investment opportunities annually. Today that number is 300-500. At the same time, investor attention spans have compressed 33%, from 12 seconds in 2000 to 8.25 seconds today. The result: initial screening decisions increasingly hinge on presentation quality, which LPs now rank as their third most important evaluation criterion, weighted at 18% and up 300% since 2019.