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This Week in Startups

Founders: Pitch Thousands of Angel Investors over Zoom at Remote Demo Day!

This Week in Startups

Jason Calacanis

Technology

4.41.3K Ratings

🗓️ 10 July 2020

⏱️ 4 minutes

🧾️ Download transcript

Summary

Submit your application at https://remotedemoday.com/

Jason Calacanis & TheSyndicate.com will select seven startups to pitch thousands of angel investors on July 28th.

We held our first Remote Demo Day in June, where 5 of the 7 companies that pitched received over $200K in commitments from Jason's Syndicate.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody I want to tell you about a new program I created to support founders.

0:04.8

It's called remote demo day.com.

0:07.3

Now why did I create this? Well you might have heard 10 11 years ago I started something

0:11.2

called Open Angel Forum.

0:12.6

I would have six or seven companies come to my living room or my friend's house.

0:17.0

They would pitch 10 investors and we try to make a match.

0:21.1

Now there's so many companies, but we can't do that we can't do

0:25.0

in-person meetings so I created remote demo day and I want you to apply to come

0:29.6

pitch at remote demo day. Now it's very expensive. We charge zero dollars for you to come

0:33.7

and you have to have a great company that's raising money and here's the catch.

0:38.8

If you clear $200,000, $300,000 in interest from our syndicate, we're going to give you the money.

0:46.4

Okay? So it costs zero, you have to fill out a form.

0:51.3

We picked the seven best companies we find, and the last time we did it, we had seven

0:55.2

great companies, five of the seven broke the $200,000 barrier, and now the Syndicate.com,

1:01.0

which is my angel syndicate, is going to invest in those companies.

1:05.1

How amazing is this?

1:05.9

We just came up with this idea because we thought, well we're all stuck at home.

1:09.7

We all set up our home offices.

1:11.0

We got our microphones, we got Zoom set up effort let's just

1:14.5

find companies and we'll have them present for three or four minutes and take a couple

1:18.7

questions and five of the seven got funded.

1:22.6

That is an amazing success,

...

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