Why is an elevator pitch called by that name?

Question

Quizplus · Accepted Answer

An elevator pitch is called by that name because it is a brief and concise pitch that can be delivered in the time it takes for an elevator ride, usually between 30 seconds to two minutes. It is meant to capture the attention of the listener and make a strong impression in a short amount of time. The name suggests that it can be used in situations where one may meet an important person in an elevator and needs to make a quick pitch.

Why Is an Elevator Pitch Called by That Name