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Ultimate Technology Pitching Process

Title:

Ultimate Technology Pitching Process

Published: Wed, 10 Jun 2009

Description: Launch 2009 Winners' Lumiette President and CEO Noel Park and Hearplanet CEO Steven Echtman on their products that helped them win.

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Automatically Generated Transcript (may not be 100% accurate)

" Welcome back everybody it is day three of our special series three days in the valley and things just seem to get better better with Clinton -- joining us now of another batch of oh god please your planet CO ST I went and looming yet and president and CEO Noel park I imagine they are very smartly as."

" Think it's appropriate -- when you brought up like he stepped out of what you really smart people let me first tell you we're here. At Cisco Systems today will be here the whole day bringing you. All kinds of brilliant people who have started companies who were making companies lie and of course John Chambers the chairman and CEO of Cisco but. Ticket back to sort of that the genetics of Silicon Valley -- Hewlett-Packard. Were starting their company in a garage decades and decades ago. The pitching process to venture capitalists to say here's what you should give me money to help my company grow even further look today without that process your company may very well not fly. Today we have. Two people who have just won the ultimate pitching process -- Contest there is a contest and the awarded the launch Silicon Valley 2009. Winners we have the two who just won today. From the Silicon Valley association of startup entrepreneur are so nice to see you both. Well we have no part of Libya and meet -- act when appear planet welcome -- your product is completely different from what -- but let's start with -- one what do you have here that got everybody."

" Attention for the prize yes I but I happy as a rat pack. It's like a flat nightclub. This is what it is and then as you can see how thing it is. Well the reason why introduce this product into the market place. Is this can't last last fifteen years he. Assumed that the use eight hours per day. At the same time. This one has a very thin profit the gulf war."

" We can have a very aesthetically interesting light bulbs rather than around awhile and so long lean winds that that we used to."

" One of the application -- C four I'm looking at this and -- this thing last fifteen years that may be the death of fluorescence in for example industrial units and building."

" Yes this Iraq can be used email home. Are you -- a case -- in distributing this. And this one using. Integrated gaming system. We can come by and let. Included in the bidding hope that system where if -- daylight harvesting future okay when you got the prize what do you think. I really think very proud with the my team who has taken very tough road to point the way up here are. And I believe that that industry. I recollect my step value that this product when it's just to keep moving ahead what happened self."

" Let's get to Steve Beckman has company here planet also -- give us a sense of what you offered that won the award that's what I think go list everybody really. Grabbed onto the idea of what your -- really has to offer to watch the world. And what we're doing is we're changing the face of help people get information about places around them. Just like. Authoritative content and information has gone to collaborative media. Look at newspapers and blogs look at the encyclopedia. And Wikipedia. We are looking to do for travel information and information around place. What what those sun media such tell -- they tell you a little bit about your client. We basically have created a guide for the phone and so we're looking to get on every mobile device right now we're on the iPhone. And so we basically bring you information about the world around you we have 250000. Locations in the world that we have on audio recorded."

" So I'm standing on the corner in Winslow Arizona to -- the Eagles song. What do I do with that found there's GPS and it's so it knows where I'm standing and boom it starts to tell me all about Winslow Arizona exact."

" Way you like you hit locate me and it tells you don't look places the right around you right there what did you get from this award cash prize. The prize actually was 40000 dollars worth of services from different Silicon Valley. Different Silicon Valley providers legal services accounting services."

" But the main prize is a record nation our product product being aware received. Industry as far as that venture community. That's kind of -- plant the seed for the future success."

" Well the two of you now have a huge road ahead of you in fact you could call them mountains you've got to make this thing flying got a monetize it make money off it. We love to follow your story so keep us posted baking so much for joining us and congratulations on winning the prize I think when I know parts companies called Bolivia that's super flat light -- and here planet if Steve Batman. His isn't really a tourist application for the iPhone for so far that you look again and elsewhere yes yes we're looking to bring all information. To the mobile device good stuff thank you congratulations. And and I have to tell you pick it up. You top arrived at some of these people they just come up with ideas here. And they've run with the ball but when locked. Has this type of award it certainly helps them propel a little bit further a little bit about."

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