Vator Box

Splash culminates with Splash Box

Investors from Greycroft, Venrock, NEA and Ackrell Capital analyze RentCycle - Splash overall winner

Innovation series by Bambi Francisco Roizen
February 9, 2010 | Comments
Short URL: http://vator.tv/n/da7

5

More than 175 companies, more than 3,000 people voting, and one company left standing onstage.

The Vator Splash competition culminated at the Splash event, with the final round to find the overall winner consisting of voting among the 375 attendees gathered at the Cafe du Nord in San Francisco. 

The overall Vator Splash winner was Rentcycle, a startup that wants to be the OpenTable for rentals. Rentcycle beat out the other nine startups who gave three-minute pitches to the audience. These top 10 finalists that made the stage were chosen through a two-prong voting process. 

The first round consisted of the popular vote. During that period, 176 companies participated and well over 3,000 people voted. The popular vote whittled down the number of companies to a short list of 20 companies. In the second round, the judges -- digital media investment banker and regular host of Vator Box Ezra Roizen sat alongside Dana Settle, a partner with Greycroft Partners, Patrick Chung, a partner at NEA, and Brian Ascher, a partner with Venrock -- rated all 20 companies. The judges and popular vote were then combined to come up with the top 10.

As you can see, Rentcycle founder and CEO Tim Hyer made it through three rounds of vetting to get the top spot.

For another version of Splash Box highlights, see Ronny Kerr's excellent coverage in his article, written that evening.

The bottom line from the investor feedback was that the idea is "simple." To that end, it's attractive to investors in that it has clarity in its goals - to help organize the rental business in an online marketplace. 

The challenge, as all the panelists pointed out, is getting enough critical mass around "demand" and determining which verticals - party goods, sporting equipment, tools - to promote and focus on. The advice from the panelists was to establish success in one particular region and then move to other regions. Also, the panelists advised Tim to look at other sites servicing local businesses - like Yelp - and make the user experience fun!

To learn more about Rentcycle, be sure to check out the latest episode of Startup Sessions, which features Hyer hard at work in his entrepreneurial lifestyle.


Related companies, investors and entrepreneurs

Plogo_rentcycle_rentcycle_rball
Rentcycle
Startup/Business
Description: Rentcycle lets you discover, compare and book goods for rent online. As the first online rental marketplace, Rentcycle provides business...
Bio:   Brian joined Venrock in 1998 as a Kauffman Fellow, after holding senior marketing and product marketing positions at Intuit, Inc....
24915
Dana Settle
Partner,
Greycroft Partners
Bio: Dana Settle is Partner with Greycroft LLC, and she heads the firm's west coast office.Prior to joining Greycroft, Dana spent several yea...
62
Ezra Roizen
General Manager,
STRATEGYfx, LLC
Bio: Advisor and commenter on emerging ventures, focused on digital media, e-commerce and mobile companies.My transactional activities are per...

Related news


blog comments powered by Disqus
Find your friends' startup new!
Vator is more valuable if you know who's here.
Discover who has a startup and help their success by following their progress!

Featured Stories

Other episodes of this series

IDG Ventures on Vator Box checks out VigLink

8454

Vator Box

by Bambi Francisco Roizen
A look at an ad solutions to help publishers monetize outbound links

IDG Ventures checks out Glancee during...

8465

Vator Box

by Bambi Francisco Roizen
Mobile way to discover who's around you with similar interests

Google Ventures on Vator Box checks out...

7354

Vator Box

by Bambi Francisco Roizen
A look at the opportunity to enhance in-flight entertainment as WiFi becomes ubiquitous on planes

Google Ventures on Vator Box checks out Wipit

7351

Vator Box

by Bambi Francisco Roizen
A look at mobile payments for the cash-preferred and prepaid consumer

Confidantly on Vator Box

6936

Vator Box

by Bambi Francisco Roizen
Ron Bloom, Ezra Roizen and Bambi Francisco take a look at the business-networking app

Latest company news bites on Vator

Kaggle was featured in a article: "Kaggle's lessons in building a crowd-sourcing platform" 34 minutes ago
Anthony Goldbloom and Jeremy Howard on engagement and funding lessons See more
Kasha Ritter - Kasha Ritter (Owner/President)
new commissions for animal portraits= it's a dogs world: http://www.time.com/time/nation/article/0,8599,1888304,00.html
See more
eCare Diary - John Mills (Founder and CEO)
eCareDiary has been nominated for Best of the Web 2012 by SeniorHomes.com. Vote for us here ...
See more
Vab Media - Andrew Broadbent (social media manager)
Charter a Private Jet to the 2012 British Golf Open http://bit.ly/xJuTNQ PrivateJets #Golf #BritishOpen #luxury #Travel
See more