TradeVibes announced it is one of six finalists in the Web 2.0 Expo Launch Pad. The six Launch Pad participants, chosen from a pool of more than 150 applicants, will present in front of Web 2.0 Expo attendees and a panel of venture capitalists. Maha Ibrahim from Canaan Partners, Michael Jung from Panorama Capital and David Hornik from August Capital are included in The panel of VCs.
TradeVibes, In addition, is sponsoring the "Be the VC: Web 2.0 Expo Edition" contest. by entering the competition and picking a portfolio of five promising companies, conference attendees and other TradeVibes users can test their VC skills. TradeVibes will rely on the wisdom of its community to decide which of the 100 companies are most likely to succeed, after all portfolios are locked in. An Apple iPhone is the prize for the winner.
CEO and Co-Founder of TradeVibes, David Li, said: "We feel fortunate to be selected as a Web 2.0 Expo Launch Pad company given the tough competition against more than 150 applicants". "TradeVibes and the "Be the VC: Web 2.0 Expo Edition" contest are very consistent with the spirit of the Web 2.0 Expo Launch Pad -- we want to provide a forum that showcases promising startups and leverages the wisdom of the crowd to filter out the most promising startups from the rest."
The Launch Pad session will take place on Thursday, April 24, 2008 at the Moscone Center in San Francisco. Five minutes is the time to which The six Launch Pad participants will have to present their company or product and receive real time feedback from the VC panel and audience. Session attendees will vote for the most promising company or product in real time after all six Launch Pad participants have presented and a People's Choice Award will be decided.