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I know that vator.tv was running a competition for startups in a similar fashion: http://vator.tv/competition/splash-competition-san-francisco...

I like the video concept though as it would be more interactive.

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Appreciate the link, that was one of the contests we checked out while thinking about the SXSW concept. I think that the design and interactive nature (no video) of vator's contest could be improved a bit but it is a good example.

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