The very first, largely Bitcoin-focused startup accelerator session wrapped-up on Thursday with a remarkable event that the founders at Boost VC call Demo Day, a high-stakes mashup of final exam and graduation for the 17 fresh companies that were chosen to participate. Seven of the attending startups in the concluding summer session have created products that use Bitcoin in a wide variety of manner. With the course coming to an end, all seven Bitcoin companies have received a $50,000 investment in addition to the countless other benefits, both valuable and priceless, that have come from three months of living and breathing hard work under the guidance and with the motivation of professional, experienced mentors in the center of Silicon Valley. Demo Day is the last chance to shine for these burgeoning companies before leaving the purview of Boost, hopefully with clear direction in mind and solid investments in hand.

 

Adam Draper, Boost CEO, greeted the sharply dressed investors and other invited guests at the clubhouse doors of the posh Menlo Circus Club in Menlo Park, California. Perhaps it was the beautiful, breezy, clear day that caught everybody in a good mood at the swanky equestrian club in the late summer afternoon or maybe it was the impending opportunity to make some serious money while getting an early jump on the next hot new thing; be it Bitcoin, 3D printing or any other disruptive technologies to catch the attention of Draper and co-founder Brayton Williams. While the 200+ attending guests arrived, delicious hors d’oeuvres circulated through the anxious crowd of mingling young entrepreneurs and the eager audience took their seats for a lightning round of 4-minute pitch presentations. Learn more about SKYBLOCK GUIDE

 

To commence the function Draper introduced the summer 2013 session participants as “no-shoe wearing, Bitcoin loving, …

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