Pitch your business plan to VCs via mobile phone — on MyWaves
MyWaves, a Sunnyvale start-up that lets you shoot video with your mobile and email it to an online account where others can see it, has raised $6 million from Menlo Ventures.
VentureBeat may write more about this company next week, but for now, we point to their latest gimmick: Pitch your start-up idea to a panel of high-profile venture capitalists in a competition than runs through Feb. 15. The winning entrepreneurs will be flown to Silicon Valley to present their business plans to partners from Kleiner Perkins Caufield & Byers, Menlo Ventures, Redpoint Ventures, and Sequoia Capital. The winning plan is guaranteed 6 months of free office rent startup incubation facility Plug&Play. There are lots of these competitions happening all over the place, but time is short. CRV limited pitches to 60 seconds. MyWaves is limiting it to 30 seconds.
Your mobile phone obviously has to be video-enabled, and you’ll have to download the MyWaves software. MyWaves has plenty of competition these days, Juicecaster, Veeker and Eyespot to name just a few.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
