Today is going to be an exciting day in Dallas. Uber and the Dallas Entrepreneur Center are cohosting UberPITCH, the chance for riders to pitch their ideas for a startup to venture capitalists. This event is similar to others that have taken place across the country, and offer Dallas entrepreneurs the opportunity to turn their dreams into a reality, just with the Uber app.
From 11 a.m. to 2 p.m., some of Dallas’ top venture capitalists will be riding in UberSUVs throughout the city. Riders need only to open the app and select UberPITCH, and if there is a car in close proximity, they will be given 15 minutes to pitch their idea to their venture capitalist. During the 15 minutes, the venture capitalist will ask questions in order to get a sense of the idea and the potential that it has with the opportunity to receive feedback.
Trey Bowles, CEO of the Dallas Entrepreneur Center, said in a statement that this is a new and unique way to connect investor and entrepreneur while also bringing into focus the incredible wealth of talent that is available in the Dallas region. There is no shortage of fundable ventures in Dallas, and UberPITCH is an opportunity to give exposure to startups and inventors who otherwise may not get such access.
UberPITCH Dallas comes after successful UberPITCH experiences in Tampa, Orlando, San Francisco, Miami, Philadelphia, and even internationally in India, Australia and Indonesia. Lance Raab, a venture capitalist from Florida Funders, participated at UberPITCH Tampa and lavished praise on the experience. He was particularly excited about one of his finds, a startup with an outstanding product that he invited to pitch to his entire team at Florida Funders.
A popular event in cities around the world, UberPITCH’s introduction to Dallas is sure to be an awesome experience for everyone fortunate enough to be involved. Uber’s focus on Dallas is a testament to the value of the city as a hub of entrepreneurial talent.
Additional coverage at Dallas News.
Blog post by: Harmony Tapper