The Founder Institute runs Founder Hotseat Webinars to allow aspiring founders from across the globe to get live feedback on their startup ideas from top Silicon Valley entrepreneurs.
In the clip below, Jason Calacanis critiques a Melbourne-based entrepreneur pitching AUUG, a musical device that attaches to mobile devices. Jason advises the founder to simplify his pitch in a visual manner, and also discusses the inherent risk in any music-related business.
Jason Calacanis is the Founder and CEO of Inside.com, Founder of the Launch Festival, Host of This Week in Startups, and a top angel investor.
Check out the clip below, and if you are raising a seed round, also be sure to check out the Founder Showcase. Applications to the free pitch competition are due soon, and past contestants have raised over $130 million.
(Memorizing image via Shutterstock)