July 25, 2019
Nanno, the first on-demand childcare app is the Winner of the 151st Startup Battle!
Congratulations to wonderful female team! Especially we would like point out perfect Pitch of Liz Polizzi Oertle, CEO and Co-Founder of Nanno.
Girls are building startup which resolve important problem, it is connecting parents with great sitters on demand.
Core to the product is the industry-leading vetting process, enabling the team to address the $34B informal childcare / "babysitting" market with a tech-enabled product.
Startup.Network had united 10 promising startups with 20+ Investors and hundred guests at the event. Entrepreneurs have got valuable advices and useful contacts in the investment community.
Marta Parke, the founder of the startup MASS, which had got 2nd place in the competition commented their experience so: “Thanks for hosting the Startup Battle yesterday! We are really happy that we met some great investors who are passionate about our vision.”
Mass enables anyone with a computer to earn universal income and supplies businesses with the power of the world’s computers.
The youngest Entrepreneur who Pitched at the Startup Battle on July 25 was Savva Os. 14 years old Savva had an idea and that Idea had been supported by his father Ilya Osipov. They have created WOWCUBE, a must see next generation — Twisty Game Console. So nice that Startup Battle become one of the steps at the young entrepreneur way to his great success.
We are happy that the 151st Startup Battle in San Francisco on July 25 had been conducted successfully.
It would not be possible without our partners and friends.
Special gratitude goes to our Partner Orrick.
Orrick is a global tech-focused, full-service law firm passionate about entrepreneurship and guiding the success of early ventures.
We are grateful to the experienced and influenced VCs and Angel Investors, which joined the Judges’ Panel at the Startup Battle!
You can find the list at the section Judges on the event page: https://battle.startup.network/events/394898/#judges
The Startup Battle was started with Panel Discussion. Here is the video: https://www.facebook.com/JuliyaSmelaya/videos/10219550830032222/
Igor Shoifot, became the Moderator of the Panel Discussion. Igor is an investor, board member, adviser at 100+ startups with combined valuations of several billion dollars. Partner at TMT Investments, 2 unicorns, 14 profitable exits.All Speakers are announced at the section Speakers on the event page: https://battle.startup.network/events/394898/#speakers
1. What are the typical term sheet mistakes that founders make?
2. Take it or leave it is a negotiation approach, but most things in life are up for discussions. What specific areas of term sheet are negotiable, and what is your advice for founders: what to focus on, what to watch out for?
3. You always hear "well, these are the typical terms", "o, but these are standard" - how standard are participating preferred liquidation preference, Super pro rata rights, full-ratchet anti-dilution protection, etc?
The second part of the Battle was dedicated to the Pitch Competition.
Ten pre-selected Startups were presented to the wide audience of the venture community.
During the Pitch Competition, Judges marked each startup.
You can find the rating of all Startups according the Judges' voting at the section Startups on the event page https://battle.startup.network/events/394898/#startups
Startup.Network is grateful to Investors, Experts, Entrepreneurs and Guests who attended the 151st Startup Battle in San Francisco.
Feel free to invest in promising Startups with Startup.Network!
Join our upcoming events:
151 Startup Battle, San Francisco on July 25 https://battle.startup.network/events/394898/,
152 Startup Battle, Silicon Valley on July 31 https://battle.startup.network/events/394903/,
See you at Startup Battles!
7:00 pm - 7:10 pm: Introduction by Organizers.
7:10 pm - 8:00 pm: Panel Discussion with the true sharks of the investment industry on the following topic: "Breaking Down A Term Sheet". Experts will go through term sheets, what they are, what provisions matter, and how to negotiate them.
8:00 pm – 8:15 pm: Coffee Break.
8:15 pm – 10:30 pm: Startups Competition. The second stage is devoted to presentations by entrepreneurs. Each founder will have 15 minutes: 5 minutes for a pitch, and another 10 minutes for questions, comments, and suggestions by Judges.
10:30 pm - 11:00 pm: Networking. It is a good opportunity to spend time with the right people of venture community in an informal setting of great startup meeting with pleasure and profit.