Tech Entrepreneurs Now Willing To Risk Hypothermia/Mockery For Small Seed Funding


In yet another sign that tech funding is drying up a wee bit, Bloomberg happened upon this incredible scene in Finland recently:

Proof that entrepreneurs will do almost anything for funding: In early February, representatives of 20 startups from around the world traveled to Oulu, Finland, as finalists in Polar Bear Pitching, one of two annual competitions run by Midnight Pitch Fest, a nonprofit event organizer. Each finalist jumped into an ice hole and, submerged in zero-Celsius water, presented ideas to a jury of potential investors.

There are pictures and they are pretty amazing, so we're putting a high DB recommend on clicking through.

Startups Pitch VCs From Freezing Water [Bloomberg]