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Its funding criteria is very unusual - http://vilcap.com/method/ http://vilcap.com/method/ Did they ever have demo days in the first place ? At the end of eac
by sandGorgon 10y ago
Its funding criteria is very unusual - http://vilcap.com/method/ http://vilcap.com/method/
Did they ever have demo days in the first place ?
At the end of each program, the entrepreneurs assess each other in an open and transparent process. The two highest-ranked ventures receive seed capital from VilCap Investments and co-investors. In 2013, this peer-selected investment model won the Harvard Business Review/McKinsey M-Prize for innovation.
Is a survivor-style fundraising mechanism better than a demo day in front of investors, who are probably well experienced to look beyond stagefright?
- Danihan 10y agoAnother overlooked aspect of this is simply debate experience and skills. Being able to defend any given perspective quickly and easily is just a learned skill. People who took years of debate have a massive advantage.