We have at this point stopped counting the number of times we have pitched our idea.
Winner of both the HealthTech category and OVERALL winner of the Venture Cup Challenge 2017, the start-up company OSAA Innovation was rewarded a dream trip to the world’s tech mecca, San Francisco. Read the third article of their daily highlights and what the team got out of their participation in the program SCALEit which bridges Denmark and Silicon Valley.
Day 5; Thursday, February 23: Foreign Minister Anders Samuelsen visit
Five days of the program have passed and we are still completely dominated by jetlag, little sleep and facing challenges of one sort or another. We also got a third car: a Nissan SUV. Fortunately, the car rental company Budget had no hard feelings when we delivered the crashed Jeep. They only expressed understanding and pity.
With the wind in our hair, the sun high on the sky and many ups and downs, we headed from the provincial city of Milpitas to Cisco Meraki’s main building in the northeast of San Francisco for a couple of nights’ accommodation. Here, we should pitch in front of the Danish Foreign Minister Anders Samuelsen (LA), Yusuf Bashir from Infosys Innovation Fund, Lars Jensen from Scale Capital and private investors Joachim Majholm, Eric Lagier, Henrik Rosendahl and Vivino-founder Heini Zachariassen.
After that was done, it was is time for a presentation of a wild Danish business adventure: 29-year-old Cathrine W. Andersen tells how she and her partner Christian Rasmussen sold their online communications platform, Assemblage, to the American IT giant Cisco.
It was quite a liberating feeling to stand on stage, pitch and get praised for our business.
Thursday evening ends with a true pitch event at a local entrepreneurial incubator in San Francisco. All SCALEit participants were on stage in front of a large audience to pitch yet another time.
The audience consists of local venture capitalists, entrepreneurs, mentors, Danish and foreign press representatives, as well as Foreign Minister Anders Samuelsen. We have at this point stopped counting the number of times we have pitched our idea.
The evening was rounded off with a lot of delicious food and cold drinks.
Day 6; Friday, February 24: SCALEit program completed at the winery of Danish IT-millionaire
The sixth and final day. Whew. Yes, we ended up going out the day before – just a little bit – in the company of good people from the industry. Even though the SCALEit program is packed with professional features, it is important to keep the social aspects in mind. It was quite a liberating feeling to stand on stage, pitch and get praised for our business, however we need to remember there is, after all, one more day left on the program.
At 10:00 we started with Storm Ventures, the investment consultant Arun Penmetsa providing feedback for participants on how to sharpen their presentations.
At 12:00 we headed over to the US law firm Cooley which advises Danish, as well as startups from other countries, on when and how to best to move their company to the American continent.
We ended the day and the SCALEit program with a magnificent view, the nicest place any of the participants will ever get to pitch. The view we are referring to, the culmination of the program, was the visit to the Dane Benny Madsen’s vineyard Byington at Santa Cruz Mountains, south of San Francisco.