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COVID-19 Demo Day by XX — Invest in startups that are fighting COVID-19
XX is the first and only accelerator that allows anyone to invest as little as $100 in startups fighting the COVID crisis. Mentors that helped vet and grow these companies include founders of Disqus, Human Interest and Kabam. Join us for our first Demo Day.
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Thanks a lot for hunting us, Daniel! 😇
Hello, Product Hunt! 👋
Jiwon and I started XX one and a half years ago because we believe raw talent exists everywhere, not just in coffee shops in Silicon Valley. Thus, we are here to propose an alternative model - one where networks of everyday folks can invest in the next Facebook and Airbnb, and global communities can share in that wealth. 🤝
📚A bit of context
We launched our Fight The Virus challenge in March. Our deadline was tight — we had three weeks to review 2,500 applications, interview 200 of the best ones, and finally choose 17 of those for our program, where we invested $50,000 into each of them to build products fighting COVID.
Three months later, 13 of them are ready in time for this Demo Day, and for the first time ever, anyone can invest as little as $100 into these startups.
🆘 Your help
Personally, I am immensely proud of the 19 founders behind these companies. These people made the conscious choice to spend years of their lives building what they believe in. If you believe in what we are doing, please join us by spreading the word on Demo Day, and perhaps consider investing in one company yourself!
@gadi_borovich1, exciting product! Congratulations on launching. Looking forward to seeing it grow bigger and hearing more updates!
@gadi_borovich1 Absolutely love how you guys are executing this! What would you say is the hardest part in building an online accelerator like XX?
@svitlana_midianko Thank you so much!!! It makes me happy you love it, please reach out to your friends!
@steventey It's honestly been super challenging to replicate the sense of community and belonging we've had in previous batches, but we ended up learning a lot from the process, and figuring it out :)
Thanks for the question!
@gadi_borovich1 That's really inspiring! Thanks a lot for sharing your experience! :D
@jameslidotcom James!!! It makes my day to receive positive feedback from you. Let's fight for this change, and help all these companies get to their next stage! It's been a pleasure to have you as mentor!
I'm so thankful to have worked alongside Gadi and Jiwon last year at Wefunder. I saw first hand all the hard work they put into making XX the incredible accelerator it has become. If you've ever wanted to be an angel investors, nows your chance! Congrats friends! 😃
@ryanjsod Thanks a lot, Ryan - it's so nice to read this coming from you! You've been part of this ride as well!
This is awesome. This is what it means to step up for your friends, family, your community and doing your part solve our world's most pressing challenge. Huge shout out to the XX team for being enablers and rockstar supporters of startups working to make positive change. And to the startups fighting the virus: we're all rooting for you!! Keep on keepin on.
@ak_sho Akin, it's been my absolute privilege to work alongside you for these past months. This is only the beginning of your journey, so let's hope lots of investors love you on Demo Day!!
@ak_sho Akin! We'll keep on keepin on together! Thanks for being part of XX :) It's been amazing to see how fast AP Racing's adapted and grown.
I had the amazing opportunity to be a mentor with the XX accelerator over the last three months. I got to know some awesome founders from the 13 companies, all working on important problems that became especially pronounced with this unique year that we're having. With today's virtual Demo Day, it's the first time an accelerator with founders of this caliber is opening up to *unaccredited* investors to invest!
Great team and even greater mission! Amazing to see that something urgent right now is being tackled. What do you think differentiates you from most other accelerators @gadi_borovich1 ?
@ba_thien_tran Great question! For too long, only rich short-listed investors had access to Demo Days like the one we are doing. We believe a difference audience should also have access.... everyone. Those that should invest in startups are the ones that love their missions the most!
Amazing mission, wonderful startup ideas, and super accessible to anyone wanting to invest and make a change! Great job!
@svitlana_midianko Svitlana, that's the whole goal! Very happy you are aligned :)
This is so awesome! Democratizing VC is going to help spread a lot of innovation. In the future, do you guys forsee any issues with companies relying on retail investors?
@alexander_wu Thanks a lot for the comment, Alexander! I think there's definitely a lot of wiggle room for retail investors as well as companies that rely on them, so not for the forseeable future, no! That being said, we are also very confident that equity crowdfunding will most certainly rise in popularity in the coming years and eat up a portion of the retail investor pie.
It’s exciting to see small teams working on big problems and empowering others to do the same. Huge congratulations on the launch!
@alexbricken Thanks a lot, Alexander, for supporting us on our journey! :D
This is super cool! I love the different angles these founders have each taken to address different problems the covid crisis has created. Also awesome that you guys have supported them throughout and that anyone can invest 🙌
@brian_lowenstein Thank you so much, Brian! We're really glad that you were able to resonate with our vision, and we hope that you're able to find a startup that you love at our Demo Day! 😇
It's incredible to see the XX team work a mission with such an empowering program. Everyone can engaged. I'm believe in the program's potential and looking forward to see the outcome on demo day!
@boj_ne We really appreciate your support, Yueh Han, thanks a lot for believing in our mission!
I love that you enable the average person a chance to be part of something bigger in fighting this crisis, thank you!! Definitely going to look more into these startups.
@aletna Thanks a lot for the support, Dennis! We hope you're able to find the startups you like at our DemoDay! 🤩
Such an amazing way to empower literally everyone to help and engage and together fight against one of the hardest crises we’ve seen.
Equity crowdfunding is huge a game-changer in the VC industry, and the way you guys are doing this just takes it to a whole other level. Great job, XX Team!
@oneword_domains We will hopefully all be part of a huge change in how we do things :)
This is huge. I am struggling to fund my COVID data generation startup. Something like this would be huge.
Gadi, this is amazing! This is an incredible opportunity not only for startups, but also for young investors with little capital. Can't wait to see how XX will grow in the future! Best of luck!
@anzhelika_korolova Thank you Anzhelika!!! Hopefully you find some startups you love in Demo Day and decide to invest yourself!
That's a fantastic question! I would say that while the amount of risk is higher than traditional asset classes, the potential rewards are most certainly very lucrative + it's great to diversify your assets and allocate a small portion of them to high risk assets like angel investments!
Another incredible line up of startups and mentors. So excited to see what they’ll do in the near future!!! Congrats on the wonderful work and accomplishments, WeFunder and XX!!!
@vy_tralala Thanks a lot, Vy! We're super excited to see where we can take this as well!! 😊
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