Going against the grain, AngelPad kills its demo day

TechCrunch | 3/23/2018 | Connie Loizos
emilia (Posted by) Level 3
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Click For Photo: https://techcrunch.com/wp-content/uploads/2017/09/gettyimages-145085300.jpg

Earlier this week, at the expansive Computer History Museum in Mountain View, Calif., Y Combinator introduced an exhaustive (and exhausting) 141 startups to investors who gathered to hear quick pitches about how each of the teams plan to disrupt their predecessors.

Roughly 30 miles away, in San Francisco, another top-ranked accelerator, AngelPad was busy blowing up its own demo day. Though in recent years, the eight-year-old outfit has similarly packed rooms with invite-only crowds of investors to hear startup pitches in rapid-fire succession, AngelPad thinks investors have had enough of the construct, says co-founder Thomas Korte.

Demo - Days - Ways - Accelerators - Number

“Demo days are great ways for accelerators to expose a large number of companies to a lot of investors, but we don’t think it is the most productive way,” he says, so AngelPad is introducing the idea of investor “preview” days instead. The idea: to pair founders with only the...
(Excerpt) Read more at: TechCrunch
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