Startups Get a Taste of the High Life on 'Meet the Drapers' Pitch Show
Last week, six entrepreneurs took to the stage at MCM studios in Manhattan to pitch their businesses to a panel of investors, including billionaire venture capitalist Tim Draper. The show, now in its eighth season, is a Shark Tank-style competition where startups can secure funding and exposure.
April Wachtel, founder of Cheeky Cocktails, was one of the contestants who made it onto the show. Her company offers handcrafted cocktail mixers, and she credits the experience as a "whirlwind" that brought significant exposure to her startup.
"I heard about the show after coming in second at another pitch competition earlier this month," Wachtel said in an interview with TechCrunch. "A producer reached out and asked if I was available to film, and less than two days later, I was pitching on the show."
The show's format allows contestants to make their pitches live on camera, with a judging panel that includes Draper and other investors. The exposure is huge for startups like Wachtel's, which can benefit from the visibility and potential funding opportunities.
"There's no substitute for hearing a founder tell their own story," Wachtel said. "At the end of the day, people might buy from you because they like you, and that's what this show does – it lets people connect with the founders and the products."
Meet the Drapers has a track record of success, with past winners including leadership platform Balloon and food company Its Skinny. The show's format allows for a unique blend of live pitching and investor feedback, providing valuable insights for contestants.
The competition is fierce, but the potential rewards are significant. For startups like Cheeky Cocktails, appearing on Meet the Drapers can be a game-changer, bringing in much-needed funding and exposure to a wider audience.
As Wachtel noted, "It's not just about the money; it's about getting your product out there and making connections with people who can help you grow."
The show is currently in its eighth season, and applications for future episodes are likely to be open soon. For startups looking to take their business to the next level, Meet the Drapers may be worth considering.
Background:
Meet the Drapers is a Shark Tank-style competition that allows startups to pitch their businesses to a panel of investors, including billionaire venture capitalist Tim Draper. The show has been on the air for eight seasons and has a track record of success, with past winners including leadership platform Balloon and food company Its Skinny.
Additional Perspectives:
While appearing on Meet the Drapers can be a significant opportunity for startups, it's not without its challenges. Contestants must be prepared to pitch their business live on camera, which can be intimidating. However, for those who succeed, the exposure and potential funding opportunities can be huge.
As Wachtel noted, "It's not just about the money; it's about getting your product out there and making connections with people who can help you grow."
Current Status:
Meet the Drapers is currently in its eighth season, and applications for future episodes are likely to be open soon. For startups looking to take their business to the next level, the show may be worth considering.
Next Developments:
As the competition continues, it will be interesting to see which startups emerge as winners and what opportunities they secure. With a track record of success and a unique format that allows for live pitching and investor feedback, Meet the Drapers is an exciting platform for startups looking to grow their business.
*Reporting by Techcrunch.*