We've received a lot of constructive feedback from other startups over the last couple months in nReduce, and it has generally been a nice experience. For that reason alone, it has been pretty valuable to us.
The new approach to "demo day" that nReduce is going for will hopefully be something that helps entrepreneurs get exposure in a more meaningful way. If it's done right, I could see it as a serious AngelList alternative; they seem to be interested in building tools that let developers show off their skills on a micro/functional way. This is much more appealing than a system that relies more heavily on getting attention through mutual friends and connections.
Having said that, I'm still kind of wary about the 10 startup demo day approach that is based on "investor rating" of the companies, mostly because it's not really clear what that means. Other people questioned the potential for investors to be more inclined to care about specific types/markets of startups, and I think that's a valid concern. However, I think that since they're planning on making it a monthly thing, it could potentially make it a lot easier for niche startups who have a solid product to get some real attention.
Thanks so much for the feedback. Everything in nReduce is a prototype, so we are going to be monitoring the success of the process we are designing for demo day. If it doesn't work well, we will go back to the drawing board.
Comments
We've received a lot of constructive feedback from other startups over the last couple months in nReduce, and it has generally been a nice experience. For that reason alone, it has been pretty valuable to us.
The new approach to "demo day" that nReduce is going for will hopefully be something that helps entrepreneurs get exposure in a more meaningful way. If it's done right, I could see it as a serious AngelList alternative; they seem to be interested in building tools that let developers show off their skills on a micro/functional way. This is much more appealing than a system that relies more heavily on getting attention through mutual friends and connections.
Having said that, I'm still kind of wary about the 10 startup demo day approach that is based on "investor rating" of the companies, mostly because it's not really clear what that means. Other people questioned the potential for investors to be more inclined to care about specific types/markets of startups, and I think that's a valid concern. However, I think that since they're planning on making it a monthly thing, it could potentially make it a lot easier for niche startups who have a solid product to get some real attention.
Hi,
Thanks so much for the feedback. Everything in nReduce is a prototype, so we are going to be monitoring the success of the process we are designing for demo day. If it doesn't work well, we will go back to the drawing board.
Please keep the feedback coming.
-Joe