MILPITAS,Calif., May 3, 2016 /PRNewswire/ -- A selective group of Silicon Valley prime investors with successful backgrounds in taking companies public, M&A, and cross- border experience have gathered to create PI x Group. The platform allows investors to interact, exchange their investment ideas, to meet with startups and provide real-time feedback to their pitches. Through this platform, startups will have the opportunities to receive rounds of investments, and receive business development and strategic consultations from the interested investors. PI stand for Prime Investors, and as the mathematical constant also represents infinite growth. X represents the associations, organizations and cities throughout the world that connect with this group.
In December 2015, PI x Group hosted its first event "PI x Taipei Demo Day" where over 300 audience members across two countries (U.S and Taiwan) came together to participate in a two-way live broadcast of startup pitches. Startups received valuable feedback through a panel of angel investors and venture capitalists. Some of them received investment funding and business alliance opportunities after the event.
On April 30th, 2016, PI x Group hosted their second event "PI x NTU." The event featured a panel discussion and LIVE crowdfunding segment. This event provides a real-time, two-way live feedback between the audience and the crowdfunder teams. Close to 200 attendees joined the live panel discussion ranging from crowdfunding, entrepreneurship, venture capital and the innovation of the East versus West. Eight pre-selected teams showcased their innovative technology-based products. Audience members had the opportunity to vote for the teams through texting to a live poll on their phones. Attendees also tried out the products after the event and received an "early backer discount" from the teams if they pledged. The teams had a great experience and investors approached many. For example, Taction Technology, generated a lot of interest and will be connected to large manufacturers in the headphone space. The event was organized by Silicon Valley Angles, Backers and Crowdfunders ("SVABC") and National Taiwan University Alumni Association.
Amongst the crowd were special guests: Head of Tech and China Programs for Indiegogo, Ben Bateman; Mayor of Milpitas, Jose Esteves; Vice Superintendent of NTU, Shu-Hsing Li; Founder of MRT Certified for Crowdfunders, Dior Wu; COO of Founders/Hackers, Neuton Paskin; CEO of COINX Capital and founder of PI x Group, Dr. Eric Huang.
For more information on PI x Group visit: http://pixgroup.org
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SOURCE PI x Group