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StartupDemo is an opportunity for early stage startups to showcase their new products and/or services. Current event planning tools (Facebook Events, Evite, Socializr) aren't useful for casual events, and don't let friends plan collaboratively. It is an opportunity to get frank feedback from VCs, angels, peers and the technolust.
Current event planning tools (Facebook Events, Evite, Socializr) aren't useful for casual events, and don't let friends plan collaboratively. The nearly 300 members of TCA collaborate with each other on duediligence and then make individual decisions regarding potential investments. Organizing a group of friends is hard!
It says that selling an airplane ticket for $500 and getting paid a $5 fees by the airlines (1% gross margin) is not the same thing as selling $500 of software that you built (>90% gross margin). Sam did all this analysis before even deciding to build V1 of his software and before we put serious money behind him launching.
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