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A clear problem, a market sized bottom-up, a simple business model, proof of traction, an honest view of competitors, the right team, and a specific ask, told as one story.
Usually 10 to 15. If a slide doesn't move the story forward, cut it or move it to the appendix.
The team and traction slides, then the ask. Most spend under three minutes on a first read, so those slides need to work on their own.
Send it as a tracked link instead of an attachment. TalkOctopus shows who opened it, which slides they read and for how long.
Share it as a TalkOctopus link and see exactly which investors read which slides.