Iterative Ventures Team

We wrapped up our #AI hackathon yesterday @draper_u. Highlights 👇 Shoutout to everyone who took out the time to ship those amazing demos in 48 hours. We had 11 amazing pitches & demos. 💰 Winning team won $5,000 in prize money The people and companies who made it possible ⬇️ Thank you @devrev , @qikfox and @TeamIterative for supporting us. ▪️Ahmed Bashir led a great keynote on LLMs ▪️Tarun Gaur thank you for taking out the time to judge & support ▪️Kasey Kyungsil Roh & Richard Chen thank you planning out and executing mentoring day on Saturday!! For spreading the word ⬇️ @AqeelMeetsWorld thank you for posting in the slack and the mention in your newsletter! @michelleefang thank you for the tweet! @thechangj thank you for highlighting in SFIRL! And of course, the amazing DU team behind the scenes. 🥇 Bao Van and team, excited to see what you all build. Takeaways 👇 ➡️ We don’t succeed alone, people pull us up, become our cheerleaders and partners. Each of them plays an important and unique role. ➡️ Scorecards and positions in Demo Days or Pitch Days are irrelevant in the long run if you’re building a company. Focus on the journey. For example qikfox Cybersecurity Systems , a company we later invested in through DraperU Ventures wasn’t even in Demo Day Top 20. ➡️ Done is better than perfect. Get that benefit and edge of experience, good or bad. Why would you want to wait 10 months to experience the exact same thing. – at San Mateo, CA

In case you missed it 👇 I’m hosting an AI hackathon at @draper_u this weekend, June 16-18. Come #cowork with us at our campus in San Mateo. 180+ are participating with engineers from Meta, Snapchat, Apple + our pre-seed founders. We’ve partnered up with @devrev & @TeamIterative for this. Day 1: ⬇️ Launch at 9am + workshops from @Replit (TBC) & DevRev (LLMs 101) Day 2: ⬇️ @Meta alum working on AI for social apps. Day 3: ⬇️ Top 5 teams pitch to investors from Iterative Ventures, DraperU Ventures, @SamsungNext , @KindredVentures etc. Perks & Prizes 🏆 ➡️ $2000 cash prize ➡️ Pitch to our pre-seed fund for up to $100,000 ➡️ Winning team goes skydiving ➡️ $12,000 worth scholarship to DraperU’s Founder Fellowship – at San Mateo, CA

I’m hosting a AI hackathon June 16-18 with ~100 pre-seed entrepreneurs working in teams to work on shipping crazy demos in 48 hours. PARTNERS 👇 👇 👇 Excited to announce our partners for the hackathon!! ➡️ @devrev founded by @dheeraj will be supporting with mentoring, workshops and there team will be there judging. They’ve raised $70m+ seed led by @khoslaventures ➡️ @TeamIterative founded by Kasey Kyungsil Roh & Richard Chen will be supporting with mentors from the Meta alumni community. 🥇 PERKS 👇 👇 👇 ​➡️ Pitch to VC Funds ​$25,000 - $100,000 ​Pitch to DraperU Ventures who will be part of the judging panel, DraperU Ventures invests up to $100,000 and are the pre-seed fund of the @DraperNetwork ​➡️ Get an invite to Draper's Annual Venture Summit for LPs and corporate innovation heads hosted by Tim Draper & Draper Venture Network ​$12,000 ​➡️ Win $12,000 scholarship and invite to attend DraperU's flagship residential fellowship for pre-seed founders ​➡️ Pitch to Draper funds investing from $25k-2m at Demo Day ​Prizes 🏆 ​➡️ Win $2,500 cash in Prize Money ​Get access to our credit and discount board for alumni Sign up if you want to build the future you want to live in leveraging #AI Apply here 👇 lu.ma/HackAISiliconValley