STHLMTECH Meetup

Two weeks ago, Timo and I (yes, Timo and Timo again…) went to the largest monthly start-up event in Europe.

The STHLMTECH Meetup should give entrepreneurs the chance to pitch their ideas or product in front of large community and some invited investment companies. In our case it was Draper Esprit and Wellstreet. Since I was especially excited about the pitches I won’t supply any information about the investors hear.

The first Pitch was from “Live Shop”. Their idea is a special application for shops or banks where you can talk to your customer on a video chat in an interactive way. In my opinion I think this idea is not innovative enough to create a real value for the customer additionally there are several companies which try to achieve the same goal. I think another problem is that they couldn’t identify their final costumer yet also they are working on this project for five years now.

The second pitch from “Valossa” was far more interesting. Their idea is video artificial intelligence which basically tries to understand videos in a way human do. They want to provide their service to media companies. On that companies can improve the placement of advertisement or make proposals for customers what they would like. The presentation was very good and they seem to know their customers.

During that event I learned a lot about new ideas but also about the way of presenting your idea in a way the investors like it.

I can only recommend to go there! The event takes place every first Monday of each month in the Hiltion Hotel in Slussen. The only thing you must do is signing up only upfront. But don’t worry it’s free and totally worth going there.

Timo