Paller has been perfecting his Lakeshore pitch over the past two years, creating 195 iterations of the pitch during that time, and was one of three startup founders vying for the top spot.
“The event was a great avenue to share our vision and opportunity with as many people as possible,” Paller said.
The competition was hosted by the Rockies Venture Club, a nonprofit that that connects entrepreneurs, service professionals, investors, venture capitalists and other funding sources.
Billed as a “Shark Tank”-style event, each startup had five minutes to make their pitch, which was followed by time for questions and voting by the judges and audience. The top two companies then moved onto the second round where they pitched their exit strategy to the judges, which was then again followed by Q&A and voting.
Paller won both rounds of voting, edging out both Play-It Health and MoneyCarta in the first round and winning the Exit Pitch round against MoneyCarta by a large margin.
In alignment with Denver Startup Week’s goal of teaching, the purpose of this event was to show people what investors look for when investing in deals, what a quality five minute pitch looks like, and how companies begin the process of raising angel capital.
“Overall, I’m always happy to help people learn more about starting a business and give them a better idea of what they need to do in order to get their own business off the ground,” Paller said.
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