StartupJackpot is a new grass roots startup competition that is relatively new to the scene. The idea is that sponsors put money into a pot, then ticket sales to the event (in this case, $25 per person) also go into the pot. Then, the audience votes on the startup and the winner takes the entire pot.
While it would have been nice to win, we’re not too disappointed about the second place finish. If anything, it is an encouraging sign for us because getting so many votes from the audience signifies that people in fact do care about internet privacy and that the work Proton Mail is doing is on the right track.
More details at Streetwise.