founderinstituteAfter more than 30 entrepreneurial pitches and plenty of feedback from mentors in the Founder Institute accelerator program, the jury is in. The winner of the two-sentence startup pitch competition is … HotelPerHour.com.

It’s not easy making a pitch in a simple two sentences, but entrepreneurs gave it their best shot in hopes of winning free tuition for the Spring session of the Founder Institute in Seattle.

Here’s the winning pitch:

“My company, HotelPerHour.com, is creating an hourly-rate hotels booking service that allows people (e.g. travelers, businessmen) to book hotels to rest and unwind for few hours after long-haul flight, business or shopping trip, without paying the full cost for a hotel.” – Soji

Founder Institute’s Jonathan Greechan said that the pitch was by no means perfect. But it did hit the mark with mentors and judges for its clarity, including praise from Seattle angel investor Rudy Gadre.

“This does create liquidity that might be of interest to hotels, who have a wasting asset in unoccupied rooms,” he said. “The question is whether you can deliver sufficient increased business to hotels to make it worth their while, which is the typical marketplace chicken-and-egg problem.”

Other mentors who jumped into the comment threads were Seattle area entrepreneurs Matt Shobe, David Bluhm, David Aronchick, Dan Shapiro and Russell Benaroya. The feedback was compelling, watching entrepreneurs mentor and guide other entrepreneurs.

The predominant feedback was that entrepreneurs should focus on their “secret sauce,” and keep the pitch simple. “Imagine that you are telling this to an 11 year old and state it in a way they would understand it. Keep it simple,” said Benaroya, the co-founder and CEO of Seattle-based EveryMove.

The judges also picked a runner-up: The Helpful Husband. Here was that pitch, which didn’t resonate with Shapiro who said he was turned off by the “battle of the sexes” style of the pitch.

“The Helpful Husband is a mobile app to help overworked and under-appreciated soccer/working moms get their domestic partners to do more chores by making it fun through the earning of user defined rewards and the tracking of points associated with completed tasks.” – David Lee

You can check out all of the pitches, and feedback here. Thanks to everyone who participated this year.

Comments

  • flojoflojo

    Thanks for the feedback – it was very helpful

  • http://twitter.com/DaveParkerSEA Dave Parker

    Thanks to everyone for your participation. We’ve held open the registrations for the current semester until 3/31. Go to http://www.fi.co/apply/135 for more information on Founder Institute Seattle.

  • amal

    uhh, did anyone else immediately think of prostitution?

  • http://twitter.com/thedevguy Ali

    These are called “Love Hotels” in Japan. ;)

    • TheyKnowNothing

      Supposed “experienced” accredited investors reaction to this pitch: “A startup for prostitution that perpetuates the illegal sex trade? What is your market size and can you scale? And can my grandma or 4 year old understand it?”

      • Manu

        Wait…SnapChat is for sexting?

  • http://www.facebook.com/ToddSpaits Todd Spaits

    I can’t wait until I see the first one word pitch contest, lol.

    The winner is……”Halcyon”

  • Easyrhino1

    Also, most of the business men utilizing Hotel Per Hour.com are travelling with their neices!

  • S.Mesaros Pamria, LLC

    So this isn’t so bad but you know….branding it is going to be tough to attract the right people. Probably in conjunction with airplane tickets as a standalone idea it works quite well actually. This keeps the wrong kind of people out and allows travel sites another way to earn marginal revenue for the cost conscious traveler.

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