The way IBM SmartCamp works is the startup entrepreneurs make their pitches to venture capitalists, get feedback on the pitches, get deep advice on their business plans, and pitch again. The best pitch wins.
Today, the entrepreneurs took turn giving their first round of pitches. So, lots of PowerPoint presentations. Some nervous CEOs. Others sounding calm and collected. Here’s Ronald Zhang, president of Palmap, a Shanghai startup focusing on collecting and integrating data for indoor mobility mapping apps–for use in shopping malls, airports, schools and the like. He spoke before making his pitch to the VCs.