AI Scalathon

Venture Mechanics' Scalathon events are unique. Unlike a hackathon, where the goal is to develop code over a weekend, in a Scalathon diversely-talented teams try to solve major real-world problems, by crafting venture-scale business plans optimized for scalability, monetization, and investor readiness. Instead of demonstrating your code at the end, you'll be presenting your compelling business plan to a panel of VCs to see which team has come up with the biggest venture-scale business idea. Format Overview Length: 48 hours (Friday evening to Sunday evening)Participants: Teams of 3-6 (encouraged to mix business, technical, and domain expertise, ensuring diversely-talented teams)Goal: Develop a robust, investor-ready business plan for a scalable AI startup tackling a significant problem, and deliver a great pitch Key Activities & Flow DAY 1: FRIDAY — KICKOFF & IDEATION 5:00pm Registration and Networking6:00pm Opening Keynote: “AI at Venture Scale: What Investors Want”7:00pm Problem Space Insights: “Founders” will take the microphone and describe the problem space they are thinking about, and solicit co-founders to approach them to discuss its merits.  Potential “co-founders” will then network with founders in the room and brainstorm to identify large, meaningful problem spaces where AI can be transformative. Conference rooms will be available for breakout whiteboarding sessions. 8:30pm Team Formation: Initial “co-founders” will take the stage to describe the problem space they want to attack, and solicit the additional co-founders they still need to complete their teams.Ideal team formation will include at least one of the following: An experienced AI technologistA Go To Market (GTM) expert, aka “growth hacker”A domain expert in the problem space DAY 2: SATURDAY — BUILD & VALIDATE 9:00am Doors open9:30am: Team registrations and room assignments10:00am GTM Strategies for AI Startups with Lauren Sato11:00am -6:00pm Teams Get To Work on:Market Analysis & SizingMonetization ModelCompetition & DifferentiationGo-to-Market StrategyExit StrategyGuest Mentors: Experienced mentors and investors from the Venture Mechanics Catapult Accelerator will roam room-to-room throughout the day to touch base with the co-founders and see how their ideas are coming along, providing constructive suggestions to move their ideas forward. DAY 3: SUNDAY — FINALIZE & PRESENT 9:00am Doors open9:30am Teams sign up for a time slot to practice their pitches with pitch coaches 10:00am Teams get their 20 minutes to pitch their deals to coaches in the Airbus Room (10 minutes to pitch, 10 minutes for feedback)2:00pm Teams submit their final pitch deck to missioncontrol@venturemechanics.com.3:00pm Team Presentations (10-min pitch + Q&A) to the investors on the judging panel.5:30pm Awards Judges will announce their top selection for the most scalable startup ideaAudience will crowdvote for their top selectionPrizes awarded6:00pm -7:00pm Networking reception ‍Details Food provided:Pizza Friday eveningLight dinner and beverages Saturday & Sunday eveningSnacks🚗 Parking: There is limited, tight parking at the pier (daily rate).Please use street parking or a nearby public lot.Highly recommend using SpotHero for great parking deals nearby.📍 Getting There:AI House is located about 400 feet out onto the pier from Alaskan Way. Walk all the way down and look for the white staircase above AQUA restaurant. Enter the building on the second floor, where our volunteer greeters will check you in, and then head up to the 3rd floor.