Tweet Your Way to Venture Capital (and Richard Branson)

categories: Competitions and Fellowships, Funding, Venture Capital

Published August 18, 2009 @ 03:51PM PT

The elevator pitch is so 20th century. In today's world, it's all about the Twitpitch - a single shot of brilliance that condenses your big idea into an effervescent 140 characters. And right now, PerfectBusiness.com is giving entrepreneurs on Twitter the chance to get up in front of Sir Richard Branson and other investors, all for sending a great micropitch.

peHUB wrote about the contest today. The details are that the top three entrepreneurs will be flown to LA for PerfectBusiness.com's PerfectPitch conference in late October. There, they will have a chance to pitch their idea in front of conference attendees, which will include Angels, VCs, and Branson himself. To get full contest details, check out their Twitter account @perfectbusiness.

I'm mostly interested in this as another example of how the social media landscape is making it easier for investors to find exciting companies and organizations (and vice versa). I also think it's interesting as an example of how a young company (in this case PerfectBusiness.com) can use a contest to quickly distribute information about themselves to thousands and thousands of potential clients.

I wonder if any social companies will make the cut?

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Comments (1)

They will if we make it so. After all, what could be more exciting than socially conscious, progressive entities using Twitter?

Posted by Jamaka Petzak on 08/23/2009 @ 12:57PM PT
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Author

Nathaniel is the founding Director of the Center for Global Engagement at Northwestern University, which works annually with hundreds of students in dozens of countries around the world through curricular programs and student project incubation.