Entrepreneurs: Get Thee to a Demo Day

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Last week I went to the Demo Day for Boston TechStars, a mentorship-driven seed stage investment program, where the entrepreneurs receive 3-months of mentorship, $18,000 in seed stage funding, and a $100,000 convertible note.

Each of the fourteen startups presented for a little under 10 minutes and was introduced by a sponsor/mentor. The entrepreneur explained why they started the business, what the business does, how much money they were raising: the pitches were superb. I was impressed enough, I recommended one start-up to an angel investor friend, another to (3) potential clients, and a third to well-regarded publication looking for an op-ed piece.

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If you are serious about going into business — and need either capital, partners, customers or employees, this is hands-down the best 2-3 hour tutorial on the market.

I can't speak to all Demo Days. Perhaps Boston, run by Katie Rae and Reed Sturtevant, is exceptional.  Likely not. Here's the calendar for other TechStars demo days:

Nike+ Accelerator, powered by TechStars in Portland • June 10
Microsoft Accelerator for Azure, powered by TechStars in Seattle • June 21
New York • June 27
Boulder • August 8
Chicago • August 28
Kaplan EdTech Accelerator in NYC • September 12
London • September 27
Seattle • October 24
(Austin TBD)

Are you starting a business?
Wondering how to pitch?

If you come to the next Demo Day in Boston, I'll see you there.

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