Startup Incinerator - Startup Incinerator
View Twitter ProfileStartup Incinerator
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 Colton Dillion
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Describe of the value proposition
From the ashes of 100 new ideas, 10 startups will rise. We recycle entrepreneurial talent and recruit an army of fanatics to launch your company into flight.
Entrepreneurs submit one-minute, video pitches selling their skills and one idea to a website to gain social media votes, and the top 96 gain entrance into the Incinerator. Once inside, the entrepreneurs enter a paired bracket competition, eliminating weak ideas and stagnant models in favor of startups with a chance. The losers must reintegrate into winning teams and support those teams’ ideas or else pivot and attempt re-entry through a wildcard round. Teams are provided with mentors, materials, sponsors, and exposure to investors as well as the potential consumer market. The process is filmed at all times, keeping consumers and fans up-to-date, so they can purchase early-stage product and vote for their favorite companies. Every week, the fan opinions, mentor evaluations, and investor valuations are taken into a composite score to decide the winning teams. Once all but ten startups have been eliminated, the victorious companies are provided with four more weeks to polish their final pitch, at which point we will provide an official seed funding.
Entrepreneurs submit one-minute, video pitches selling their skills and one idea to a website to gain social media votes, and the top 96 gain entrance into the Incinerator. Once inside, the entrepreneurs enter a paired bracket competition, eliminating weak ideas and stagnant models in favor of startups with a chance. The losers must reintegrate into winning teams and support those teams’ ideas or else pivot and attempt re-entry through a wildcard round. Teams are provided with mentors, materials, sponsors, and exposure to investors as well as the potential consumer market. The process is filmed at all times, keeping consumers and fans up-to-date, so they can purchase early-stage product and vote for their favorite companies. Every week, the fan opinions, mentor evaluations, and investor valuations are taken into a composite score to decide the winning teams. Once all but ten startups have been eliminated, the victorious companies are provided with four more weeks to polish their final pitch, at which point we will provide an official seed funding.
No wall posts.
