I was in last year's class. I don't believe the endorsement points matter that much in the application. I spent almost no time on them and we got in. I think they're really more of an excuse to engage with people you otherwise wouldn't. If you have a good idea and traction, you'll get in with 0 points.
Re:Enter the MassChallenge competition
by grandschema on Wednesday March 30, 2011 @02:16PM
(#2388438)
re: 1. from the picture it looks like about 4 ft x 1.5 ft
Re:Enter the MassChallenge competition
by DesmondPieri on Wednesday March 30, 2011 @02:11PM
(#2388416)
Last year a dozen firms won $50k and 4 firms won $100k.
1. What is the typical size of the check? I paused the video (http://www.masschallenge.org/) at the end to note that most checks were $50k and one was $100k. Are there smaller/larger amounts?
2. Getting votes and endorsements: They want startups to get votes from general people to improve their chances of getting selected. This is a bad idea. It is crowd-sourcing herd mentality. I think that is a waste of time for the startup. I saw a post (http://www.masschallenge.org/blog/how-make-it-masschallenge-...) about the things a company did to get those points and I would rather spend that time on the business. So if we get a 0 on each of those is there a chance that we will get through?
Thanks. I think that what they are doing is fantastic barring [2].