The event, which was attended by more than 400 venture capitalists, angel investors, UCLA students and entrepreneurs, also featured a panel discussion on L.A.’s tech accelerators and two keynote speakers.
“A minute and a half isn’t a lot of time, but for 11 local entrepreneurs, 90 seconds was all they had to pitch their start-up ideas to a panel of judges Tuesday.
More than 175 start-ups applied to participate in the 7th annual Fast Pitch Competition, held at UCLA’s Anderson School of Management and hosted by angel investor group Tech Coast Angels. Eleven finalists were asked to compete.
Among the finalists were a digital platform for making friends offline, a restaurant rewards loyalty program and an online classified marketplace.
Each entrepreneur had 90 seconds to pitch his or her company — usually beginning with a catchy intro, followed by a formal introduction of the speaker and the company’s concept, and ending with a plan for future goals and a request for a specific amount of funding. They weren’t allowed to use notes, and were prepped in advanced by a team of Tech Coast Angels coaches…”