This isn't exactly a startup, but rather a company-wide entrepreneur pitch competition to improve something in the company. I was a top 3 finalist, and I made sure I followed the rubric to a tee. I included both pros and cons, then discussing how to overcome the cons step-by-step.
The other two people didn't mention the cons as much, with one guy in particular having a trainwreck of a presentation (openly taking about sensitive company information in a public event, being confused about the slides, having to pause in the middle, etc). He had a solid idea, but it was somewhat vague and he didn't address any cons.
Guess who won first place? That's right, the guy with the trainwreck of a presentation. And I won last (third). I have no problem not winning, but I do have a problem with a person winning with a vague idea.
This isn't the first time this has happened to me, either. I've pitched in a different competition while disclosing all pros and cons in a transparent manner, while some other guy comes waltzing in with a vague idea and also won.
I know it's hard to pinpoint what could have gone wrong without listening to the pitches (I can go into more detail if necessary), so here's a question for you guys: is it wise to be fully transparent with your pitch? Should I anticipate problems that may come up in the future with this business plan, and then address them in the pitch? Or should I not include them at all, and see if they ask me about it?
In other words, is it better to incorporate solutions to possible negative feedback in the pitch, or will that do more harm than good?
I know it mostly depends on your audience but I'd be curious to hear what other people think.
Judges, more details announced for Summerfest Tech pitch competition Milwaukee Business Journal
“startups when:1d” – Google News
First time poster here.
Back in March, we had a full summer calendar of pitch/networking events, and were looking forward towards Disrupt. All of them vanished with the virus. Since then it's been barren, and connections are key to our model.
Not sure how in person networking recovers. Our early investors we're not youthful.
Was truly hoping folks here could share some advice on virtual events that have taken their place — geography is unimportant, really, but our company midwest (Chicago) based.
My gratitude for any assistance is given upfront.