Think Big Partners is thrilled to announce a new virtual demo day platform for both
entrepreneurs and investors.
The
platform, known as
PitchCastr, is
not just another funding platform—it’s a connection platform. PitchCastr incorporates science-based
research, the flexibility to make deals anywhere at any time, a filtration
process that weeds out companies outside the investor’s area of interest and a
standardized format that allows select entrepreneurs and investors to
experience a live, virtual pitch from the comfort of their own home or
office.
PitchCastr For Entrepreneurs
By establishing a PitchCastr
profile, uploading a business plan and recording a seven to nine minute
PitchCastr video pitch, entrepreneurs will use the virtual demo day platform to
find investors that are interested in their idea. When a certain number of investors
have expressed interest in the idea, that entrepreneur will be invited to hold
a Live Demo Day, in which all potential investors will tune in via online video
platform. The PitchCastr
platform will eliminate first-time entrepreneur/investor meetings that not only
take up too much time, but will also put an entrepreneur’s idea in front of
only those investors who are genuinely interested and able to invest.
PitchCastr for Investors
Investors can log in to the PitchCastr
platform, submit their pitch preferences and search a pre-screened selection of
PitchCastr videos that they may be interested in funding. When
interested, investors are invited to “Attend Demo Day” and can both watch a
live feed of a pitch and partake in a question-and-answer
session. The PitchCastr platform gathers insight about both a
business plan and an entrepreneur, providing investors with a more robust view
of potential opportunities. The virtual demo day addresses the issue
of rising valuations in the middle of a capital raise.
“We created PitchCastr with the entrepreneur
in mind,” explains Herb Sih, co-founder and managing partner of Think Big
Partners. “Between running
a startup company and executing their plans at full speed, there is never
enough time in the day to connect with investors, not to mention investors that
are actually interested in your idea. PitchCastr
is not only a simple way to get your idea out into the world, but will also be
the best way to connect with investors who are interested in your idea and
ready to fund it.”
“In today’s environment, investors
are overwhelmed by entrepreneurs. There
are too many business plans to look over and not enough time to go through them
all,” said Tyler Prochnow, co-founder of Think Big Partners. “PitchCastr will give investors insight
into high quality investment opportunities from all over the world and allow
them to focus only on those that are of interest to them. We created PitchCastr to establish an
efficient marketplace for investors and entrepreneurs to find one another.”
PitchCastr is operating as a free
service during private beta.
Startups,
entrepreneurs and investors are invited to sign up and try PitchCastr for free
during the month of February 2013. To
learn more, visit
www.pitchcastr.com.
Connect with PitchCastr at @PitchCastrTips.
