Pitch session speed dating style
This is something that many new speed networkers have trouble adjusting to.The format of speed networking is something that you should have in mind before you walk in the room.They’ve become more about sponsorship and revenue generation than startup-investor relationship building, they say.Shanti Mohan, co-founder of angel investment platform Lets Venture, which organises events in Bengaluru, Mumbai and Delhi, says events should focus on an outcome rather than sponsorship.Tickets start at Rs 2,500, and can touch Rs 1 lakh for VIP passes.The formats have changed too and include round-table events, pitch sessions, networking events, and women-focussed meetups. Surge’s second edition in 2017 drew half the audience it did in 2016.Seeing the near-empty hall, Google VP for Southeast Asia and India Rajan Anandan told his co-speaker Ravi Gururaj, chairperson, Frictionless Ventures, on stage: “It looks like we’ll have to chat with each other, Ravi.
“Investors don’t get to know about you much in those few minutes,” says Naiyya Saggi, co-founder of Baby Chakra, an online platform for parenting, who prefers closed-door meetings to open pitch events.
The number of kiosks put up by startups has reduced, startup pitches are fewer, and the same set of keynote speakers tends to grace multiple events in a year.
Investors and founders believe the problem lies in the way the events are organised.
This will give you the ability to make the most out of your time there, and make quality connections.
There are various forms of speed networking events (we will cover that later) so you should make sure you understand what you’re signing up for.