Big Dogs Pitch to Startups at SwitchPitch

Startups want to pitch to large companies. And large companies want startups to solve their tech problems. Why can't these Romeo and Juliets get together? Exhilarator's SwitchPitch event last week may have been the answer: 14 large companies like Motley Fool and LivingSocial pitched their tech-focused problems to 150 startups at 1776 in DC. Exhilarator organizers are now considering opening up the concept to federal and financial tech problems. But first it will try the same switch pitch concept in New York and other regions.

Exhilarator director Michael Goldstein says he's inspired to continue the event considering 300 startups applied to listen to pitches and it drew DC Mayor Vincent Gray and AOL founder Steve Case. But he sees a future where they can be bigger and is looking for an entrepreneur to take over the concept. He also announced that the DC-based accelerator, which works with five consumer-facing startups, will start offering a fee-based service where it will help serial entrepreneurs get a business concept off the ground. Michael says the startup factory will be one way Exhilarator can generate revenue.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

270-Unit Manassas Gated Community Sells: The D.C. Deal Sheet

BXP Closes In On Next D.C. Office Development As It Shrinks Assets

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

Montgomery County Approves 18-Month Data Center Moratorium

With New $250M Deal, Elme Is Fully Set To Liquidate

Simpson Thacher Appears In Talks For What Could Be One Of D.C.'s Largest Office Leases In 2026

Hines Nabs 4 Prince William Housing Sites: The D.C. Deal Sheet

AvalonBay Sells 217-Unit Community Next To Greensboro Metro

GSA Head Says Federal Government Has 'Place To Play' In Southwest D.C. Redevelopment

Downtown D.C. Office In Receivership Hits Market For Conversion

Nonprofit Takes On $105M Silver Spring Project: The D.C. Deal Sheet

Janeese Lewis George Wants To Stabilize Rent. The Question Is How