I sort of agree with this, but it assumes that the pitch deck impacts a critical outcome for these businesses.
For example, sometimes in my line of work a prosecutor reads a mitigation report (pitch deck) and offers a good plea bargain because they learned something that moved them. But there are other times that a prosecutor wants to make a better offer and wants a little administrative cover. They might text me, "Send me some mitigation. Sooner is better, nothing fancy." Those are the cases with the best outcomes, but not really the best "pitch decks."