We've been admitted as semi-finalists at an Innovate!100 Pitch Slam. The main purpose of the even is getting some visibility and, allegedly, getting a G/Score for your pitch.
The G/Score is a proprietary score calculated using a proprietary method developed by the event organizers. The also seem to somewhat endorse or suggest to use YouNoodle.com.
What is your opinion on formula-based scoring methods applied to pitches? The success or failure of a company depends a lot on human factors, so I find it hard to believe such scores are useful at all. As it's been repeated countless times, a mediocre idea with excellent execution can make a good business, and an excellent idea with poor execution will end up in tears probably.
Mind you, we haven't had our G/Score score yet, so this is not a rant for having a low score.