When it comes to turning ideas into actionable outcomes, Geeks on a Beach (GOAB) has proven to be much more than just a conference.
When it comes to turning ideas into actionable outcomes, Geeks on a Beach (GOAB) has proven to be much more than just a conference.
GOAB creates an environment where investors and startups meet not just to network but to make things happen—deals are closed, and partnerships are born. Wade Eyerly, an investor from the U.S. who attended GOAB, exemplifies how the event’s dynamic structure leads to tangible results.
Following the event, Eyerly invested in four promising Philippine startups: Peddlr, Humble Sustainability, Prosperna, and Shoppable Business —a testament to the transformative impact GOAB can have on the local startup ecosystem.
The venture capital landscape in the Philippines presents unique challenges, with fewer funds and investors often requiring more concrete metrics before committing.
Wade Eyerly highlights how early-stage investors in the Philippines tend to behave more like growth-stage investors, demanding evidence of traction and market fit. GOAB addresses these challenges by offering startups a rare platform to pitch directly to investors, fostering meaningful engagement through immersive discussions and networking opportunities.
GOAB's impact is more than just introductions.
It enables early-stage startups to showcase their potential to investors like Eyerly, who sees the importance of early-stage funding even in less mature markets.
During the event, Eyerly connected with the founders of companies like Peddlr, a fintech tool for micro-businesses, and Humble Sustainability, which focuses on the circular economy through sustainable solutions. He also discovered Prosperna, a platform helping MSMEs with e-commerce, and Shoppable Business, which optimizes retail experiences.
Each of these investments reflects the diversity of innovation present at GOAB, demonstrating that great ideas can flourish with the right backing.
Unlike traditional conferences, GOAB’s value lies in its relaxed yet intentional environment. It removes the barriers between investors and founders, facilitating genuine connections through pitch sessions, workshops, and informal beachside networking.
Eyerly’s experience at GOAB is a testament to this formula. With U.S. $500,000 allocated across the four startups and the potential to deploy even more capital in the region, GOAB has become a catalyst for startups seeking investment.
Moreover, Eyerly’s separate collaboration discussions with the Philippine Department of Finance, initiated after his involvement at GOAB, highlights how the event sparks not only private investments but also strategic public-private partnerships. This dual impact of fostering innovation while aligning with government initiatives strengthens the ecosystem and creates sustainable growth pathways for startups.
Geeks on a Beach isn’t just an event; it’s where business gets done.
The story of Wade Eyerly investing in four Philippine startups showcases how GOAB is the perfect setting for connecting ideas, capital, and talent. Whether you’re a startup founder seeking investment, an investor looking for your next venture, or someone who wants to soak in this productive mindset, GOAB is the place to turn potential into action.
Join us at GOAB and be part of the event where innovation meets opportunity.
Learn more about GOAB here.
