Day one was a day of orientation and introductions. What better way to introduce your company than with an elevator pitch. This year’s pit represents a packed house. There are 12 teams and over 40 founders; making for cramped quarters. We are still in that awkward phase where each team is getting to know the building and the other teams. I hope that we get to know the other team members and their roles more fully in the next couple of days. There are some bright and talented teams and individuals here. We can’t miss this opportunity to to learn from them.
Elevator pitches at this point of the program where quite rough. I know the desired outcome of the pitch, or the “billboard” that MSTC professor John Daly prefers. Some teams had paragraph long product summaries, while others used one sentence promises of being the best solution to any data problem. Ours has some rough edges. An immediate question is who exactly is a tech? In a week or less these will be so well rehearsed that the issues encountered today will be no where to be found.
Tech Stars is mentor driven and tomorrow marks the first round of mentor meetings. We spent a brief amount of time after the dinner presentation going over our goals for Tech Stars and establishing some guidelines and questions to help pick the best mentors for our team.