First Uber took on taxis, then food delivery and now it's turning its eye on something bigger with UberPITCH. Much more conceptual than the other two, UberPITCH appears to be a one day event happening in cities across North America and possibly the world in which entrepreneurs are able to take a ride with a potential investor.
Not only does UberPITCH allow people to have 15 minutes to ride with your investor and pitch your idea or startup, the rides themselves are free. All an interested person or party has to do is use the special promo code to request this particular service. As written on Uber's Newsroom page, UberPITCH "is a collaborative project that facilitates innovation within local startup communities." What an innovative use of its service.
Venture Capitalist Taxi Rides
UberPITCH Lets Entrepreneurs Pitch Potential Investors
Trend Themes
1. Ride-sharing Event - UberPITCH is a one day event where entrepreneurs can pitch their ideas to potential investors during a free ride.
2. Collaborative Innovation - UberPITCH facilitates innovation within local startup communities by connecting entrepreneurs with investors through ride-sharing.
3. Disruptive Engagement - UberPITCH disrupts traditional pitching methods by providing a unique opportunity for entrepreneurs to engage with investors during a ride-sharing experience.
Industry Implications
1. Transportation - Ride-sharing companies like Uber can leverage events like UberPITCH to further disrupt the transportation industry by connecting entrepreneurs with potential investors.
2. Startups - UberPITCH provides a valuable platform for startups to gain exposure and secure funding by pitching their ideas to potential investors in a ride-sharing setting.
3. Investment - UberPITCH presents a new and innovative way for potential investors to discover and engage with promising startups through the ride-sharing platform provided by Uber.