Frequently Asked Questions
Participating as an Audience
You will need the Pre™ app to participate as a mock investor. The app, which is free to download and use, is used by several pitch events, universities and accelerators.
The app can be found here.
Yes. You do not pay to participate as an audience to watch, invest and compete for prizes.
No. You will not be investing any of your real money. You will be using preMoney, which is a fictional currency on the Pre app.
Users receive preMoney when they join a Pitch Round event on the Pre app.
Once you have downloaded the Pre App, you may join an event by using the Event Code for that event.
Event codes for Pitch Round events will be found on the Pitch Round website. Click on the Events tab and go to the respective event you would like to participate in.
Once you have the event code from Pitch Round, sign into the Pre app, click JOIN and type in the event code.
You may watch the pitch videos from within the Pre app on the investment screen OR on the event page on our Pitch Round website.
Only if you would like to make preMoney investments and compete for prizes or engage directly with the startups.
Once the event has ended, you will be able to see results on the Pre app. We will also be posting the results on our Pitch Round website under the respective event.
You win by being a top preInvestor. After an event is over, results are computed instantly on the app, from which it will display the top 3 preInvestors. If you are one of those top 3 preInvestors you will win a prize.
We rely on the results computed by the Pre app. The app uses an algorithm that computes your return on investment based on how you invested in the startups that raised the most preMoney. Your return on investment determines your ranking. In case of a tied result, the tie is broken by the timestamp of the investment, which means that whoever invested first will be ranked higher.
If you are one of the top preInvestors, we will reach out to you.
Prizes will vary. Each event will have information about the prizes on its event page.
Events wil remain open from anywhere between one day to one week. Start and End dates alongwith the time are displayed on the event page. Participation in an event is only possible during that time frame. After an event is over, you will still be able to watch the pitches and see the results, however, you will not be able to particpate.
Participating as a Startup
Start by filling out our form with basic information. We will curate submissions and get back to you.
You will need a pitch video in order to participate. If you are selected, we will provide you with more information about the format of the video.
Startups can participate for free up to three pitch rounds. You can find out more about the different packages here.
We are offering the Plus package free through May 2020.
Yes, you will need to be set up on Pre with a STARTUP account. (It is free) If you are chosen for an event, we will guide you through the easy process. Meanwhile, you can read up on this guide.
At the moment we are not providing startups with monetary awards. However, winners will get certificates that they can use to showcase the excitement their startups are generating. Our goal at Pitch Round is to expand startups’ reach to new users, customers, talent, partners and alternative funding sources.
Hosting my own online event
The short answer is Yes.
If you have a set of startups interested in pitching on Pitch Round, and if you can coordinate with them to get their pitch videos, please feel free to reach out to us. We’ll be happy to help you organize a “Pitch Round by XYZ” up and running.