The competition to get into APX is fierce. So we’re often asked what startups can do to help their chances of getting in, especially during the all-important pitch. While getting accepted all comes down to your team, idea, and level of traction, there are definitely things that can help or harm you along the way.
There’s little debate among investors about the importance of the team to a startup’s success – it’s Team first, Idea second. Every time. Many investors will even fund top-notch teams regardless of the product or service they’re working on, especially at an earlier stage.
To make your next pitch a success, bear these five things in mind.
Thoughts on staying focused, incorporating input, and doing the right thing.
We strongly believe in networks and helping one another. And there’s so many reasons why, be it creating success, getting feedback, understanding different perspectives, inspiring each other, avoiding mistakes, staying grounded, or raising money.
Nerdy, futuristic, and very scientific. This is how we would describe our startup Powerplace. Based on advanced data analytics, the two co-founders Florian and Patrice can estimate the real time demand for cabs at any point in time. To do so, they embed inter alia data from weather channels, facebook events, online sightseeing recommendations, and real time traffic news.