ShotPitch

One touch pitching to Investors

1 follower

One touch pitching to Investors

1 follower

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Launch tags:Android•iOS•Investing

Launch Team

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Promoted

I was wondering if you have had any feedback from the investor side? I mean, I can see startup liking the tool. But what about investors?

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10yr ago

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Maker

@john_krehbiel Thank you so much for asking this. Does my answer to Ben's question answer yours? :) If not, will be happy to clarify.

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10yr ago

@nitprashant Hi, yes it does. I had not seen your answer earlier :)

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10yr ago

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Maker

@john_krehbiel Thank you John, glad it does. Would love to know what you do :)

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10yr ago

Cow Saga

@nitprashant Very nice! Curious if your plans are going to be to charge for being able to pitch in the future? I read you have a shortlist period and wondering how that will work out or if you will wait to charge them if they make it past that first hurdle?

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10yr ago

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Maker

@natelegler Thank you Nate. We don't plan to charge startups till the time we keep playing in the discovery and pitching space i.e atleast for the next 8-12 months. We really want to crack the discovery and pitching bit, before going into doing the entire lifecycle of fundraising. Till we play this role, the revenue model is on investor side. Let me know if I answered your question and if there is anyway I can help :)

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10yr ago

Cow Saga

@nitprashant The only follow up question is what is the revenue model on the investor side? Small finder's commission? Also no mention but are y'all funded to be able to extend out up to year while getting the grasp on the discovery/pitch space? Also it really is a great app and outlet for startups. Love how there is that "review" process with the focus on quality startups vs a flood of them.

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10yr ago

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Maker

@natelegler Hey Nate, no it is not finder's commission but subscription model differently charged for individuals and separately charged for Institutional Funds. Because we are talking of a huge number of people on the demand side(Conventional Investors+ Technologists) and selling it as an enterprise product to Institutional Funds, the chunk is big enough :) Think of it as replacing the email of Analysts at Funds. Thank you for the sweet note in the end :)

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10yr ago

Cow Saga

@nitprashant it hit me as soon as I pressed submit I bet you would do a subscription type of setup! Well done on the whole thing. It has given me some really good ideas on what I'm currently working on (totally different space so no worries).

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10yr ago

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Maker

@natelegler Glad to have been of help :)

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10yr ago

TruTrainer

I would imagine that this product is defined by the investor quality located in the platform. What does the team do to keep a good set of investors in there?

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10yr ago

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Maker

@chezacke Hey thank you for raising this. Yes, the quality of the platform is defined by the investor quality and that is why we make sure to get on a phone/skype call before approving an investor in the system. In fact the first 500 people we want to on board mostly from Valley and India will mostly be done manually. Although we have had interest from Europe, Mexico and other parts of the world :)

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10yr ago

Cyber Monday Linkbox

Hello @nitprashant and @bansalnagesh : The app seems really promising and useful for people like me so thank you for making it :) Just wanted some clarity on signup process. You are giving two options while signing up 1. Signup as startup 2. Signup as the investor. When you say "signup as startup", do you mean "Signup as an entrepreneur"? I am asking this because an entrepreneur can have a LinkedIn account ( which you are offering to signup through) but startups generally don't have individual LinkedIn account ( they are added as a company page by founders on LinkedIn). Secondly, What if I want to submit more than one startup, do I need to make separate shotpitch account? If so then how? because I can have just one LinkedIn account ( or do you connect the LinkedIn company pages, not the individual account? ) Waiting... :)

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10yr ago

Solclaim

Maker

@niteshmanav @nitprashant Hi Nitesh. Thank you for the feedback. Regarding the Signup Process, if you are using LinkedIn, then yes we mean Signup as an Entrepreneur. We take the details from the entrepreneurs LinkedIn account and add him as a Founder of the Startup. Secondly, we are not supporting multiple startups for a single Entrepreneur account currently. To be honest, you are the first one to request this and if we hear more entrepreneur requesting the same, then we will introduce multiple startup feature. However, for the time being, if you want to submit more than one startup, you can either do that using your co-founders(if any) Linkedin account for the second startup or you could use the email signup feature which is below the LinkedIn Signup button. Hope this answers your questions. Let me know if you have any follow up questions. :)

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10yr ago

Cyber Monday Linkbox

@bansalnagesh @nitprashant Thanks Nagesh for the prompt reply. Now there will be a follow-up submission, not the questions as of now :)

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10yr ago

Donate to India's Covid Relief

We were lucky enough to be on the beta list for Shotpitch. Happy to report that it's worked out quite well for Eventosaur :)

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10yr ago

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Maker

@nikhiljoisr Thank you Nikhil. Glad that ShotPitch worked out for you :)

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10yr ago

We were fortunate to be on the alpha list of Shotpitch. A real time saver for both investors and entrepreneurs. Opened up new doors for Whereabout!

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10yr ago

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Maker

@harshsnehanshu Thank you Harsh. Glad that it worked for you :)

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10yr ago

Fantastic concept. I've also found that the "hustle" that it sometimes takes to get in front of the right investors has a tendency to replicate the social biases that are everywhere and make things more difficult for women, minorities, immigrants, etc. Perhaps your product gets us a little closer to the ideas standing on their own in front of investors - which makes everyone better off.

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10yr ago

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Maker

@jedbyb When it comes to hustling we have done our part as well. But to be able to know and pitch to the relevant investors+technologists is something that we believe( and also from market feedback) isn't something that is completely justifiable. http://inc42.com/resources/entre... PS: We did hustle to make sure that ShotPitch gets on PH via Jack Smith :)

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10yr ago

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