WATCH: Paul Carr hosts Pando's all-star $100k startup competition
Beyond the usual pitch-plus-q&a format, Pandoland's startup competition, hosted by Paul Carr, is a little different from others.
The grand prize isn't just a giant cardboard check and a vague wishing of luck. Rather it consists of a whopping $100k in actual investment from our panel of judges, with the actual terms of the investment thrashed out live on stage.
This year's judges (along with Paul and Sarah on behalf of Pando) included Spark Capital's Bijan Sabet; VIP Capital's Jamie Hamilton; Facebook's Stan Chudnovsky; Forerunner Ventures' Kirsten Green; Jumpstart Foundry's Vic Gatto; SwitchPitch's Michael Goldstein; Tech Square Labs' Paul Judge; and Vegas Tech Fund's Zach Ware.
As you'll know if you attended the event live, the final negotiation was absolutely remarkable, featuring a surprise appearance from August Capital's David Hornik who crashed the stage to act as an unofficial attorney to the winning company. More on that tomorrow.
On day one of the event the first five competing companies took to the stage to pitch. They were: