Of course that would probably just make the whole demo day thing even more unmotivating to attend.
The formula does makes my job as mentor a ton easier. For instance, a few 500startups mentors and I spent many recent days with the startups of the current class to fine tune their upcoming demo day pitches. I sat with some in my mentor hours and went through their decks. There were a few where I actually would rejigger their pitches and then present it back to them in the same tone/style/voice as the many I've heard in demo days of the past. Boy, did I sound awesome - well, at least in my own head! I imagined myself acting out the many demo day pitches I've heard and just inserted their information and startup name. Almost too easy, right?
Then, when each demo day has 20, 30, no, 50+ startups to present - it's just getting harder to pay attention simply because of the monotony of the presentations.
Can it get better? I heard that Techstars had loud rave music in between each presenter and one of the startups brought a cadre of supermodels on stage. What else? Any way to make them more interesting beyond the uniformity of their super rehearsed, super confident pitches?