Startup pitch competition! Jason invests $25K into one of four founders | E1703
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 21 March 2023
⏱️ 57 minutes
🧾️ Download transcript
Summary
Today on the podcast, we have a new format for you! Jason will hear four pitches from Founder University participants and choose ONE startup to invest $25K in! (1:45)
(0:00) Jason kicks off the show and explains the pitch format!
(1:45) Jason brings on Presh and Kelly to explain the fundamentals of Founder University and introduces today's pitches!
(13:44) Squarespace - Use code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(16:18) George Lam pitches Fantastic Funding
(21:18) Naman Dwivedi pitches Promptify
(25:59) Pilot - Go to https://pilot.com/twist for 20% off your first 6 months
(27:30) Phil Boucher pitches OpenSpot
(34:00) Matt Edminster pitches Renegade Labs
(39:22) Fennel - Join the waitlist and get your first month free at http://fennel.com/twist
(40:35) Kelly and Presh's pick for best return for LPs
(45:33) The live audience votes!
(50:22) What Founder University meant to these Founders
(53:39) Jason makes his decision on who will receive $25K
Check out the startups!:
https://fantasticfunding.com
https://www.promptify.ai
https://www.findopenspot.com
https://www.renegadelabs.io
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Presh: https://twitter.com/preshdkumar
FOLLOW Kelly: https://twitter.com/KSchricks
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to this week in startups everybody. We have an awesome show for you today. We're going to be doing this in front of a live YouTube audience. |
| 0:07.0 | I am going to hear four pitches and these are two minute pitches and I'll ask some questions after those two minute pitches. |
| 0:14.3 | From founders who have attended founder university, you can find some information about founder university at founder dot university. |
| 0:22.5 | It's a 12 week program and we invest twenty five thousand dollars in five to ten of the companies. |
| 0:28.5 | We'd order to be interesting to take four of the top companies from our fourth cohort of founder university and invest twenty five thousand dollars in one of them live on the air. |
| 0:38.0 | And we'll do that at the end of the show. So let's get started. |
| 0:41.0 | This week in startups is brought to you by Squarespace. Turn your idea into a new website. |
| 0:47.5 | Go to squarespace.com slash twist for a free trial. When you're ready to launch, use offer code twist to save ten percent off your first purchase of a website or domain. |
| 0:58.0 | Pilot. Grow your business sustainably and operate more effectively. |
| 1:03.2 | Pilot provides the most reliable accounting, CFO and tax services for startups and small businesses. |
| 1:10.7 | Head to pilot dot com slash twist and get twenty percent off for the first six months. |
| 1:17.2 | And Fennel is a mobile investing app making it easy for you to dig in to understand things like who sits on a company's board, what their executive compensation looks like, and other employee specific statistics and detailed ESG metrics that can help you decide whether a company is worth investing in or how you can push to make it better. |
| 1:38.7 | Join the wait list and get your first month free at fennel dot com slash twist. |
| 1:45.5 | I have with me two of my favorite people on planet earth who work with me at launch. That's our investment firm. That produces found a diversity, Presh and Kelly. |
| 1:55.2 | Welcome to this week in startups. |
| 1:59.0 | That's what you're having me. There you go. |
| 2:01.7 | Alright, so Presh, let's start with you. Introduce yourself to the audience. You can explain how long you've been working at launch and our history together briefly. |
| 2:09.9 | But then maybe talk about what occurs in the 12 week program, Kelly, then I'll have you introduce yourself and how long we've been working together briefly. |
| 2:18.1 | And then maybe you could go through what are the qualities we look for in this twenty five thousand dollar investment we've been doing first money in. |
| 2:26.6 | The essential friends and family around you can talk about what we're looking for and then things that are maybe signals that we will wait on investing will you know wait for some things to change. Okay, Presh, you have the floor. |
| 2:39.5 | Cool. Thanks, Jason. Yeah, I'm fresh. I've worked for launch and Jason for just over five years started to last name. |
| 2:47.1 | Presh to the Schumacher. I worked at launch and Jason for Jason for the past five years started on the media side doing marketing and growth. |
... |
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