The Southland startup competition is so hot it's actually oversubscribed

By Sarah Lacy , written on June 5, 2014

From The News Desk

How hot is next week's Southland Conference? I'll put it this way: It's oversubscribed.

That's not a clever way of saying we're sold out. (Although we are waaaaaaay oversold. To watch the livestream you'll need to become a member.)

No, we are actually oversubscribed in the venture capital sense of the word. We set out to get 10 judges who would each invest $10,000 in the winner of our startup competition. It was kind of a ballsy ask. We'd never done this before, and yet we were just asking some of the best investors in the world to trust us that there'd be a great winner they'd want a stake in.

As we were filling out slots we accidentally got 11 yeses. So we figured, rather than telling one of the judges "never mind," why not take all eleven? I haven't yet met a startup who couldn't use an extra $10,000. So the winner of Southland will actually get $110,000-- with terms to be negotiated on stage.

Here is the final list of judges:

  • Josh Kopelman
  • Shervin Pishevar
  • Kirsten Green
  • Vic Gatto
  • Paul Judge
  • Kevin Colleran
  • Tige Savage
  • Peter Barth
  • Michael Goldstein
  • Eric Moore
  • Zach Ware
As I've said before, we thoughtfully put together a syndicate that includes a range of expertise, geographies, and personalities. This killer syndicate has never been in a single round together. The winner is going to be one lucky company.