PayPal's SXSW Contest Lets Startups Pitch Shark Tank's Daymond John

The winner gets one-on-one consultations and $30,000

A bevy of startups and tech players will descend on Austin, Texas, three weeks from today to pitch their company to ad executives at South by Southwest Interactive. PayPal plans to help those aspiring entrepreneurs stand out—specifically with the chance of meeting Daymond John from ABC's Shark Tank and winning $30,000 in funds.

Earlier this year, PayPal marketers and John reviewed businesses around the United States that use PayPal for transactions. They then narrowed their list down to six finalists, favoring eye-catching business models and interesting hometowns from different areas of the country.

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