Startup founders have to choose between going to events and working on their startups, and there is a trade-off here, so we felt like sharing a word of advice with our startup founders at Eleven. Here are some thoughts about startup conferences.
Last week Scoutee scored over $53,000 on Kickstarter! The Slovenians from Eleven's 8th batch developed the world's first smart speed radar for baseball and sold over 340 pieces in a month. While they keep getting pre-orders from all over the world, we asked Majda, co-founder and CMO, to share some insights from Scoutee's crowdfunding experience.
In a nutshell:We came from (almost) nowhere, but we did it faster than anybody else.We are more than an accelerator.We are going to change the VC world from the bottom up.
Eleven is the third most active accelerator by number of investments in Europe according to our second internal research on the competitive landscape in Europe for 2014.
Dronamics has just won the Pioneers Festival Challenge 2015 – one of the biggest startup competitions in Europe! The team is part of Eleven’s 7th cohort and only two weeks ago they won another major competition – betapitch | Sofia. Are the Rangelov brothers (the two founders) following in the footsteps of the Wright brothers revolutionizing the Unmanned Aircraft Systems? Let’s see what they think.
We are happy to announce that the amazing 9th batch of Eleven startups has conquered the Roof! We chose 14 out of more than 400 companies that applied for investment in February this year. The accepted teams have gone through a 3-stage selection process including local interviews in Serbia, Croatia and Romania and a final meeting with the investment committee in Bulgaria.