Meet the '24 Summer Launchpad Teams: Intoit - NYU Entrepreneurship (2024)

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Join us as we introduce each of the teams participating in our 2024 Summer Launchpad accelerator!

Intoitis a social media and event ticketing hybrid designed to eliminate friction from the nightlife experience and bring people together through music. Seamlessly find relevant events based on your music taste and share new music and experiences with friends, all in one place.

Team Members: Ansh Jhaveri (CAS ‘24) and Nick Bekos (Stern ‘24)

On a night out, friends Ansh Jhaveri and Nick Bekos faced an all too common experience for New Yorkers looking for nightlife.

“It’s one of the top five clubs in New York,” they’d be told. Persuaded by the venue’s reputation, they did the 20 minute trek to the new hot club, only to be dismayed by the hefty $20 per person cover. Still, they took a chance with the knowledge of the rave reviews, paid the fee, and went inside. The bouncer excitedly welcomed them into the club’s self-titled safe space full of fun, energy, and good music.

As they entered, they found the club completely empty.

An hour into Jhaveri and Bekos’s stay, fellow NYC club-goers still hadn’t arrived. It was another unexpected but not uncommon disappointment for a night out in the city.

The duo's disappointment sparked an idea for an app to help avert this issue. Intoit is an app matching people to their ideal night out based on the experience they want to have. Users are paired with compatible venues based music preferences, wait times, prices, distance, and other criteria to help narrow down the decision on where to have fun. Say goodbye to the risk of wasting a night out.

Below, Jhaveri and Bekos discuss Intoit, their entrepreneurship journeys, and more. (Responses have been edited for clarity.)

In your own words, how do you describe Intoit and its mission to someone new for the first time

BOTH: Perfect night out on demand.

How did you initially find NYU’s entrepreneurial community?

AJ: I was walking around and I saw a flier and sent a picture to Nick. I said “Yo, you want to do this?” And he said, “Maybe.” It was one of those panels where they talk about the Leslie eLab, scaling, and startups. We were both kind of hesitant, but we went and it was empty, so we just had basically 30 minutes and 14 pizzas with Frank [Rimalovski]. Seeing that flier started a really long, helpful journey.

What’s the biggest business challenge your startup has overcome so far?

NB: Building a product that we can scale and monetize. We landed on a problem very early on, and it took a really long time talking to people and coaches to figure out how we can solve that problem in a way that will also be a good business, which is very important. That was probably our biggest problem, which we solved.

What has been the most rewarding moment of your founder journey so far?

NB: Interacting with the guest speakers. We’ve gotten so much good advice from our mentors and the investor mentors as well. At the end of the day, we're on a totally different path than we would have been without them.

What 3 words would you use to describe your founder journey?

BOTH: Confusing, Uncertainty, Intellectually Rewarding

What’s the biggest piece of advice that you’d give to aspiring student founders?

NB: Do it. Start doing things instead of thinking about it. Start talking to people because everything comes from just talking. Half of your business will be done by the time you finish having all the conversations you should have.

What is your best college experience (either academic or social) at NYU?

AJ: Summer Launchpad. The things that I was able to do and learn here put me leagues ahead.

What would be your perfect club?

BOTH: It depends on the vibe and what you're feeling that night. If I'm looking for something more entertaining or active, then I go to DJ sets and clubs that play house music and have a nice open space with a good sound system. If I’m looking for something more intimate, I like jazz clubs.

Name someone who you think would be the perfect fit for your product in terms of personality.

BOTH: Lauryn Hill, Janelle Monáe, and Kanye West

Meet the '24 Summer Launchpad Teams: Intoit - NYU Entrepreneurship (2024)

FAQs

Is NYU good for entrepreneurship? ›

NYU fosters a University-wide startup ecosystem that encourages multi-disciplinary collaboration, accelerates innovation, and cultivates the next generation of startup leaders.

What is the NYU entrepreneurship summer program? ›

ieSoSC is a 5-week summer program that is taught by NYU faculty and students at the Tandon School of Engineering. The program incorporates concepts and processes related to entrepreneurship and design thinking.

How to start a startup at NYU? ›

Startup Accelerator Program

A 2-day intensive for teams of 2+ with an idea or prototype. You may want to start here! A 2-week intensive for teams a little further along, with a prototype or product. A 9-week accelerator for teams with a product or service that is ready for launch or already in the market.

Is it hard to get into NYU business? ›

NYU Stern School Of Business Acceptance Rate: 31%

NYU Stern School Of Business's recent acceptance rate is 31%. The acceptance rate varies yearly, but it is usually around 20-30%. This shows that NYU Stern is somewhat competitive, and you'll need a strong MBA profile when applying.

What major is best for entrepreneurship? ›

Top Degrees to Become an Entrepreneur
  1. Business Administration. According to the National Center for Education Statistics, business was the most common bachelor's degree in 2019-20. ...
  2. Finance. ...
  3. Marketing. ...
  4. Computer Science. ...
  5. Communications. ...
  6. Psychology. ...
  7. Engineering.

What is the hardest program to get into at NYU? ›

Stern School of Business and Tisch School of the Arts are generally considered the most competitive schools within NYU due to their strong programs and limited spots. So, they might not be the ones you'd want to focus on if you're seeking an "easier" admission path.

What is the most popular program at NYU? ›

The most popular majors at New York University include: Visual and Performing Arts; Social Sciences; Business, Management, Marketing, and Related Support Services; Computer and Information Sciences and Support Services; Liberal Arts and Sciences, General Studies and Humanities; Health Professions and Related Programs; ...

Will NYU Precollege help me get into NYU? ›

How Do I Apply? To participate in NYU Precollege, you'll need to submit an application. While Precollege at NYU can prepare you for a future at NYU, it does not guarantee admission to any of NYU's schools or colleges. Applications are accepted for spring, summer, and fall terms.

Is it harder to get into a startup? ›

Startups often prefer an expert they know over someone they haven't had experience with. For that same reason, if you do not have connections then it is generally easier to get hired at an established company with HR SOPs which may include a minimum number of candidates to interview before jumping to hire one.

Does NYU have a good business program? ›

New York University (Stern) 2024 Rankings

7 (tie) out of 124 in Best Business Schools and No. 4 out of 269 in Part-time MBA.

Is New York State a good place to start a business? ›

(WROC) — A new study done by Wallethub — a personal finance company — reported that New York State is the 38th best state to start a business in. The study ranked Utah as the top state. Here is the individual rankings that made up for the 38th ranking, according to Wallethub: Overall Rank for New York: 38th.

What program is NYU most known for? ›

NYU is known for offering world-class programs in the sciences and engineering. Computer science is a top major at universities across the country. The engineering school at NYU offers students bountiful opportunities to shape today's world.

Is New York a good place for entrepreneurs? ›

New York City is a hub for professionals in a variety of fields, which makes it an ideal place to find talented employees for your business. From marketing and sales to finance and technology, you can find skilled professionals in just about any field in NYC.

Which university is the best to become an entrepreneur? ›

Results for Undergraduate Entrepreneurship Courses
  • University of Exeter. ...
  • University of Southampton. ...
  • University of Manchester. ...
  • University of Essex. UCAS points. ...
  • Northumbria University, Newcastle. UCAS points. ...
  • University of Reading. UCAS points. ...
  • Swansea University. UCAS points. ...
  • Royal Holloway, University of London. UCAS points.

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