Babson Rocket Pitch: A new generation of tech entrepreneurs thinks big

I had no illusions that attending this week’s Babson College Rocket Pitch event outside Boston would give me much insight into the latest enterprise IT topics that Network World focuses on, but the dozen or so 3-minute business spiels I took in did shed light on a new generation of entrepreneurs’ thinking. 

This generally 20-something crowd of mainly Babson students and alumni was well spoken and stuck to the program of introducing their business venture, explaining the value proposition (gotta get them using the lingo early!), outlining the opportunity (seemingly always in the multibillion dollar stratosphere) and asking for help, whether in the form of funding, talent or connections. About 90 pitches were made, up from 36 when the program started in 2000, split among categories such as consumer products, service, food/nonprofit and tech/mobile/Web. I hunkered down in the tech/mobile/Web room.

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