Rippling CEO Parker Conrad thinks entrepreneurs should use what he calls pitch memos rather than traditional pitch decks to raise venture funds. Memos can save entrepreneurs time and allow them to get their pitch in front of more potential investors, he said They can also help venture capitalists sponsoring deals convince their fellow partners, he said. Rippling used a pitch memo earlier this month to raise $45 million in a Series A round. Visit BusinessInsider.com for more stories. To Parker Conrad, when it comes time to raise money from venture capitalists, a memo is loads better than a deck.