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I'm a founder of a (now) VC backed Boston startup who participated in MassChallenge. My team though it would be worth the time to pitch and get some no-strings
by jaredstenquist 16y ago
I'm a founder of a (now) VC backed Boston startup who participated in MassChallenge. My team though it would be worth the time to pitch and get some no-strings cash in the bank. Even paying for our $5k/month office would have been awesome.
We made it to the first round (got enough votes online and whatnot). The tough part is you can get stuck with judges completely out of your industry that are clueless. Our judges were 2 lawyers and someone with a similar idea to ours ten years ago who thought his was superior. We didn't make it to the second round. I hope this year they make some changes based on everyone's feedback.
A couple friends of mine won $50K from this competition. Important to note that it's not $1M awarded to one person/team, it's split however the judges/board like.
- WarPaul 16y agoAs a semi-finalist last year, I too had a similar experience with the judging, however after getting feedback from those that completed the surveys, MassChallenge hired software entrepreneur Karl Buttner, who also served as a mentor last year, as Chief Mentorship Officer. He's helping to combat cases like ours, and improve the judging/mentorship experience. I think he's even somewhere on this comment thread...