November 14, 2007 2:24 PM PST

Google's Mayer to judge VC pitching contest

by Elinor Mills
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Paula Abdul doesn't have anything on Marissa Mayer.

Mayer, Google's vice president of search products and user experience, will be on a panel of expert judges for YouBeTheVC.com, where people vie for venture capital funding though an online contest. The contest is something like American Idol meets The Apprentice.

Would-be entrepreneurs submit their business ideas online and the judges give them report cards. Members of the public then choose the winners from semifinalists picked by the judges.

"We're really excited about this contest because we really like the idea of being able to see what's new and where the innovations going to come from," Mayer said in an interview on CNBC's Squawk Box program.

Asked what secrets to success there might be for start-ups, Mayer said businesses should focus on the user, have strong founders and build technology that can be deployed "in a bunch of different ways," like Google ads, which first appeared on search results but now appear on sites across the Web.

Elinor Mills covers Internet security and privacy. She joined CNET News in 2005 after working as a foreign correspondent for Reuters in Portugal and writing for The Industry Standard, the IDG News Service, and the Associated Press. E-mail Elinor.
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Community voting and feedback
by Erick B November 16, 2007 9:59 AM PST
An important element for starting a new business (or improving an existing one) is getting good feedback about the idea. You might want to check out ideablob.com which is a $10k/month contest where there is no expert panel deciding on the winner?it?s all based on community votes. One cool aspect of this is that when the users try to generate votes, they?re promoting themselves and their business idea?potentially getting input from many sources.
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