After 10 weeks of intensive work and mentorship, the eight startups from Lisbon Challenge found out which ones were getting an investment, but there were no winners or losers, because even the ones who weren’t invested have already closed their first pilots and are ready to make their baby startups grow.
It is not typical for an Investor’s day to be at a brewery but it turned out to be the perfect scenario. They walked to the stage full of confidence and nerves, we could feel their dry mouths while they were pitching and if we could guess their heart rates were racing like crazy. The smile of relief each one of them had while leaving the stage, after asking several questions from investors, was priceless.
They did what they were mentored to do and all of them delivered flawless pitches and made everybody proud. It was good to see that those eight teams became friends, kind of a family and that what an acceleration program is also about.
Yesterday Luvotels, Sparkl and Placeme found out they were being invested. Luvotels got 50k, Sparkl also got 50k and Placeme got 75k, a surprise to all but mainly to those who got it. The ones who weren’t invested are going to continue to work hard towards their goal and we know they are going far.
Today the office is quieter and emptier than it used to be and we all already miss them. The good thing is there will always be another Lisbon Challenge.