tilt: startup simulation
Tech September 29, 2012
tilt is a brainstorming competition, unique to new york. It simulates startup life in a single afternoon.
The event is comprised of challengers from various creative endeavors within the internet industry (developers, designers, UX, marketers and strategists).
We put them into teams that balances their skill sets. We give them a theme, establish rounds and present various challenges. They create and pitch.
We have a handful of VCs, angels and mentors from the city working as our “angel investors”. They invest “seed money” allocated to them in our virtual market app. They work with teams they like and help them refine their product concepts.
At the culmination of the afternoon, we have a small contingent of VCs from firms across the city come and judge the final round. Their judgement both determines the winning team, and the angel/mentor who invested the most in said team. All of our winners are awarded prizes.
Our mission is to create an event where everybody conceives, creates and collaborates. By working together, competitors form strong ties whilst simultaneously developing skills to crucial to startups - such as pitching, pivoting and innovating.