Highlights from Scott Kirsner's Innovation Economy blog.
Five Boston start-ups and one from Manhattan made pitches to a panel of Boston investors Thursday in a session modeled after the ABC reality show "Shark Tank." The investors had promised to invest as much as $100,000 in the start-ups, which they had selected from 70 applicants.
They blew past that goal.
The investor group included Dharmesh Shah of HubSpot, Dave Balter of Boston Seed Capital, and Fred Destin of Atlas Venture.
Shah offered to invest $29,000 in the digital marketing start-up Jebbit and $28,000 in CoachUp, a marketplace for private sports coaches.
Gus Weber of Polaris Ventures (who was not present) offered $10,000 to Sidewalk, which helps start-ups sell to local businesses.
Balter, chief executive of BzzAgent as well as a partner in Boston Seed Capital, said his firm would invest $150,000 in Timbre, a music app developed by Intrepid Pursuits, while Destin offered to put in $200,000.
Balter offered $25,000 to NBD Nanotechnologies on behalf of Boston Seed. Arcbazar, focused on connecting consumers with architects, piqued the interest of Destin at Atlas, Google Ventures, and Lucy McQuilken of Intel Capital, but did not get any investment offers.
Each entrepreneur had four minutes to pitch to the investors, followed by a few minutes of Q&A. Here are summaries of their presentations:
For the full Innovation Economy blog, updated daily, visit www.boston.com/innovation