$25k Blockchain Startup Pitch Contest Announced for LA’s Premiere Event

LOS ANGELES (July 22) – Draper Goren Holm (Draper Goren Holm), a member of the Draper Venture Network, will be hosting a pitch contest for its biggest event this year, Crypto Invest Summit (CIS), this October 15 and 16, 2019 at the Los Angeles Convention Center. All startups that exhibit at CIS will be eligible to be judged by over 40 investors before the conference and pitch in front of a panel of investor judges, live at CIS.

Draper Goren Holm will award at least one pitching company a $25,000 cash investment and over $300,000 in services provided by Amazon, Microsoft, Google and others.

Co-founder of Draper Goren Holm, Josef Holm, spoke about how the pitch contest creates opportunities for participating companies, and how the event delivers a one-of-a-kind opportunity to Draper Goren Holm’s far-reaching investor network. 

“We’re excited about the Draper Goren Holm pitch competition and the opportunities it creates for participating companies, including seed investments, and access to our investor networks for follow-on investments. For our investors and partner funds, it presents a unique opportunity to look at high quality, early-stage blockchain companies.”

Alon Goren, Draper Goren Holm’s other co-founder, talked about the importance of receiving early feedback from a wide range of investors, and how this opportunity is the equivalent to going to 40 individual investor meetings in one shot.

“This is one of the largest judge’s panels across the industry, and this is the first time that we’re doing something of this magnitude. The opportunity to receive live feedback from 40 individual investors, especially as an early-stage blockchain startup, is truly invaluable. Not only for the exposure but for the opportunity to actually get funding.” 

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About Goren Holm Ventures

Draper Goren Holm (Draper Goren Holm) was founded in 2018 as a limited partnership between founders Alon Goren and Josef Holm. The firm has evolved to a venture studio, accelerating six blockchain startups and incubating 3 more, while simultaneously producing the premier blockchain and cryptocurrency events in the Los Angeles area, Security Token Summit and Crypto Invest Summit. Sponsors for Draper Goren Holm events have included American Airlines, tZero, and eToro, and prior keynote speakers include Steve Wozniak of Apple, Anthony Pompliano of Off the Chain Podcast, and Shruthi Rao of Amazon Web Services.