Check back here at 4pm on Tuesday, May 13th to watch the LIVE stream of Demo Day.
Vanhawks launched the Kickstarter campaign for their Vanhawks Valour bike last Thursday at 1pm EST. In less than 36 hours they managed to hit 100% of their goal and this afternoon they surpassed 200% of their goal! We’re excited the Kickstarter exploded, especially this quick!
Because the campaign has been moving so quickly they’ve opened up some stretch goals if higher targets are met.
250K – New rim colours
400K – Disc brakes
750K – Carbon belt drive
We’re so proud to have this company as part of our Spring 2014 cohort and can’t wait until Demo Day when they can show the world what’s coming next!
Have you pledged to the Vanhawks Valour campaign yet? If not, head over to their Kickstarter page ASAP!
Yesterday evening we officially sold out of General Admission tickets for Demo Day!!
This means the historic Rialto Theatre will be a full house on May 13th as the Spring 2014 cohort pitches to a crowd of over 800 people.
The anticipation is building amongst all the teams as they hammer out all the final details and work tirelessly to perfect their pitches.
Will you be there? What are you looking forward to the most?
It seems like the closer we get to Demo Day the faster time passes. Wasn’t it just yesterday that we installed a countdown calendar saying that there were 75 days left until Demo Day??
The teams are in full stress mode and working 7 days a week to make sure they have an MVP out, achieve high levels of traction, launch successful Kickstarters and/or get lots of valuable press coverage before the big day. Let’s just say they have very high mountains to climb but they’re getting there!
Tickets for Demo Day are going fast! Over 600 people have already registered. Make sure you get yours before we run out! You don’t want to miss your chance to watch the pitches from our best cohort yet and to mingle with the entire Montreal startup community.
Last week Mikael Cho from ooomf stopped by to talk to the teams about his experience in FounderFuel and where his company is now.
Ooomf went through FounderFuel in the Spring of 2012, raised a $500,000 seed round relatively quickly after graduation and have recently announced a $2 million Series A.
He began by stressing to the teams just how important time management is, without it the teams risk not being in a great position for Demo Day. Mikael explained that they should break up their time into 3 sections:
- Month 1 – Define your problem/solution and then meet with customers to get their feedback
- Month 2 – Push something live, even if you’re going to pivot, you need to get some initial traction
- Month 3 – Traction, traction, traction. Focus on this as much as you can before Demo Day
He moved on to talking about Demo Day and how when the teams walk out onto stage there are several ways they can WOW the audience. But that if anything they should have at least 1 of the following:
- Committed investments
- Product in market
His final piece of advice was: don’t try to close too early. Take your time with your rounds, get a solid group of investors and never rush it.
The teams hung onto his every word, because after all, 2 years ago, he was exactly where they are right now.
Did you hear the whispers and the rumours that were spreading over the weekend? Could they be true? Are Demo Day tickets already available?
You better believe it! Tickets are live and boy are they going fast!
Don’t miss your opportunity to watch the 8 teams from the Spring 2014 cohort walk on stage at the historic Rialto Theatre and show you how far they’ve come. After the pitches join the entire FounderFuel network at a 5 à 7 to meet and mingle with the teams.
See you there!
Major props to those making it all possible!
Think your team has what it takes?Apply