The final group of Big Problem Challenge winners are all focused on taming the sprawl of enterprise data.
In Challenge #2 of the 2023 Big50 Hot Startup Competition, 42 startups participated, and 20 passed this test. For the startups that didn’t move on in this round, the main issue was either 1) they never detailed the problem, instead jumping right ahead to the solution, or 2) their description of the problem was confusing, unbelievable, or both.
The 20 startups that passed the test all clearly detailed the problem they solve in terms that non-experts can understand. They illustrated the scope of the problem, and they gave evidence for why the problem they target will continue to get worse if it’s not addressed.
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