Ultralight Start-Ups Investor Feedback Forum is one of the leading entrepreneur venues in New York. As founder, Graham Lawlor said to me, it attracted a high quality of pitches. But are they Fundable?
We at the Innovator Evening (iEvening) are friendly competitors and at the Feb 5th event, 3 of their 8 pitches have presented at our iEvening & Startupalooza events in the past.
Minteye, one of two runners-up is a cool product that turns those ever annoying Captcha’s into far less frustrating process that also happens to be an advertising opp. Instead copying some bizarrely twisted text, you simply move a slider until a swirling image becomes visible. The now visible image is an ad and you just passed your Captcha test. So why wouldn’t sites want this?
2. Larry Levine - Minteye
6. Viktoria Ruubel - Merocrat
So, they should be Fundable, shouldn’t they?
8. Oisin Hanrahan - Handybook
Who wouldn’t want to be the next Angie’s List? This might even be better because homeowners are always hiring a fixer and they don’t have to pay to join. On the other hand, what homeowners really prize is a friend’s referral. So these sites tend to do well with newer homeowners and less so with people who have settled in. In any event, this is hardly new ground and so it rates low on the Fundability scale but the right (C)hampion or a (S)pecialty investor who has reason to could well invest in it because the execution looks so slick.