On Monday, February 24th thousands of entrepreneurs gathered at the Concourse Civic Center to check out hundreds of new tech startups in the demo pit, listen to awesome keynote speeches, and watch demos of new startups on stage. Tons of business cards being handed out, and 30 second elevator pitches ensued while cups were flowing with coffee to keep the entrepreneurs fueled up. One of the keynote speakers was Paul Graham from Y-combinator, who spoke about how he is exiting the accelerator to give way to some new blood. There were a lot virtual currency and Bitcoin discussions, as well as some cool products like the Martin Jetpack, Coin’s E-credit card, big robots, 3D printers, cloud companies and plenty of unique new ideas.
As one of the demo pit companies, I got to see everything first hand, and the amount of investors accepting executive summaries was incredible. At one point, Mark Cuban had a keynote speech and told the audience he was glad he is involved with a new disappearing text app called CyberDust because of his recent issues with the insider trading debacle that he won. He also spoke about what technologies he felt as though were a win for investors and what he thought was cool about startups in general.
Most companies in the demo pit were seeking either an investment, more clients, a larger user base, sales, or just wanted to promote their cool idea. It was a very productive convention, with plenty of awesome speakers, demos, and new companies emerging. Looking forward to the next one!