AgoraStartupIdol.com (ASI) is simply an online version of the Silicon Valley pitch contest over video conferencing. ASI provides traction to its via BeInToo's Gamification layer which incentivizes audience members for preferred behaviors through points, rewards and prizes. ASI's mission is to provide startups strong traction. Something they have been on their own to attract until now. ASI's goals are to get all contestants some level of new users and at least one over 100,000 new users. Season one achieved its goal by getting one company 253,000 users from 0 and another company started with 50,000 ended with 500,000!

1. An Agora WEB 3.0 Event:
What was learned from
Season 1
American Idol For Startups
www.AgoraStartupIdol.com

2. Start-up Idol: Imagined
“Number one reason Startups Fail is
Lack of Customers (Traction)”
-Steve Blank, Startup Professor at
U.C. Berkeley, Stanford University, Columbia University

3. Start-up Idol: Created
Appeal:
"No Borders" It is world wide instant access to Silicon Valley
Mission:
To provide Startups both Crowd Validation & real Traction while
helping them hone their elevator pitches

5. • March 9th Qualifying Started
• April 3 – May 1st Tournament
• A 64 competitor bracket
created
 124 Judging Slots
 62 Alternate Slots
 64 Startup Slots for 9
Broadcast days

6. Herding these Kats was a
logistics nightmare!
We have to streamline this
process

7. Issues we created:
 Too confusing
 No Urgency layers
 Poor Audience rewards
 No marketing drive

8. 16%
Just Voting

9. No Urgency
Until after S32
16%
Just Voting

10. STARTUP IDOL
SUCCESS
IS A STARTUP ACQUIRING
100,000 USERS!

11. GOGETIT ACQUIRED
253,000 USERS DUE TO
STARTUP IDOL
SEASON 1 SUCCEEDED!

12. What we Learned:
1. Hacker Dojo community
is AWESOME!
2. Value in Traction
3. Entertainment between
Startups and Investors
4. Users can be herded!

13. Season 2
Bigger, Bader, Better
With a Reality TV/ Docu-Drama
Component

14. An Agora WEB 3.0 Event:
Season 2
American Idol For Startups
www.AgoraStartupIdol.com
Coming soon!