Virginia Tech Turns Frat House Into Entrepreneur House For Next School Year

When Virginia Tech kicked Sigma Phi Epsilon out of their house and off their property last year, they weren’t sure what they were going to do with the mansion that housed the miscreant fraternity. Sure they could look at other fraternities or use it as housing for faculty and staff. However what the university decided to do was, well, innovative.

The Washington Post reports that Virginia Tech is looking for 35 male and female freshman with an entrepreneurial spirit. They are looking to start an innovative living and learning community that will force collisions between the creative and the entrepreneurial as they venture into college.

Nathan Latka, an entrepreneur who founded his startup Heyo out of the Virginia Tech dorms is involved in the new program. His dorm room startup is now a multi-million dollar social media company with clients like Lily Pulitzer and 16 employees. Latka told the Post that he sees the irony in million dollar startups coming from the same table where “party themes used to be hatched.”

The house “has got all the amenities built in,” Latka said. “It allows random ideation to happen at any moment. It increases the chances that two freshmen who would have never known each other from two disciplines to really collide and engage and ideate.”

This is a great start for the prestigious university that was struck by the worst school shooting tragedy in college history just six years ago.

Obviously technology is a big part of Virginia Tech already and connecting the techies with the creative and business savvy entrepreneurs can only be a recipe for success. Hayden Lee the president of Virginia Tech’s Entrepreneurs Club is worried that this may not be enough. Lee is hopeful that the house will include a designated hacking space, high tech gadgets, and flexible programming.

Latka believes that the house will attract 300 applications, draw $3 million dollars in investment, and create 30 jobs.

Does your startup have culture, should it?

CrunchBase Announces New Startup Calendar To Compete With Startup Digest

CrunchBase is the industry directory for all things startup and investor. In fact we think every startup should have a CrunchBase profile, and we often promote it as one of the three free things every startup should do. CrunchBase serves as a database to track information like who’s involved in your startup, what milestones you’ve hit, and other company news. It’s just as important to have a CrunchBase profile as it is to have an Angel List profile.

On Tuesday CrunchBase announced a new product offering. The startup calendar is a new weekly email calendar that will provide subscribers with information on startup events from across the country. It’s similar to Startup Digest, but Startup Digest has a weekly email blast for each area, curated by a local startup community leader and brought to you by the folks at UpGlobal/Startup Weekend.

CrunchBase plans on one weekly email and anyone can submit an event for consideration. They have these few requirements:

You should contact them at least a week in advance of your event
Your event should feature a minimum of 5 startups
You must provide themwith a list of and information about the startups participating in the event

If you want to submit your startup event to the Startup Calendar you can email events@crunchbase.com

Here’s a huge event for startups everywhere else.

These 11 Startups Have 6 Weeks To Go In Cleveland’s New FlashStarts Accelerator

Earlier this year Cleveland serial entrepreneur Charles Stack decided to launch a startup accelerator. Stack is credited as one of InfoWorld‘s “top 10 innovators in e-business.” Stack’s first company provided asbestos case management for law firms and was launched in 1984 immediately after his graduation. When he sold that company he had the capital to start his first e-business “books.com” which was eventually acquired by Barnes And Noble. Stack was early to the e-commerce and online bookstore space, having sold books.com in 1996.

Stack’s most recent venture, FlashLine, was acquired by BEA for $50 million dollars in 2006 and then acquired again in 2008 by Oracle. Stack’s story is a huge attraction for entrepreneurs and founders across Ohio and across the country.

With more and more startup accelerators popping up, entrepreneurs and founders are seeking out accelerators which have a pedigree in starting businesses. No one wants to get accepted to a 3 month program with a small seed investment to find that the people teaching the accelerator have no entrepreneurial experience.

With that in mind, Stack and hist team announced the FlashStarts accelerator in January.

Jennifer Neundorfer, FlashStarts Managing Partner, also comes to the table with meaningful experience. She comes from a role as Fox Networks Director of New Business Development where she helped create and launch the Dyle Mobile TV network, which PC Magazine called a “promising technology”. Neundorfer holds a BA from Harvard and an MBA from Stanford she is also Google/YouTube alum.

While Cleveland may not come to your mind as a startup hotspot, it is quickly becoming one. They have the LaunchHouse and Jump Start are both based in Cleveland. We’ve met many great entrepreneurs in the Cleveland startup ecosystem, and the 11 startups in this class at FlashStarts are no exception.

These 11 teams will graduate from their rigorous program on August 27th, and Neundorfer already asserts they are exceeding expectations:

Anigraphic is re-imagining the graphic novel. Its unique platform enables graphic storytellers to make use of interactive scene-based panels, text options, audio and sound libraries, and animation sequences.

AProofed allows writers and editors to collaborate with each other in a marketplace environment. The online cloud-based platform allows editors to become self-employed while improving writers’ academic performances. www.aproofed.com

BOLD Guidance navigates students through college applications and allows counselors and parents to view their progress. The online platform and app makes the college application process easier with step-by-step guides and automated deadlines, tasks and reminders specific to each application. www.boldguidance.com

The BranDR is committed to helping physicians create and maintain their personal brand identities online. Its mission is to revolutionize the way patients find, select, and interact with their doctors, by allowing them to access personalized doctor profiles.

Crowdentials helps businesses, investors and crowdfunding platforms comply with the Securities and Exchange Commission’s rules on equity crowdfunding. By completing a simple web form, Crowdentials users receive a report of their financial information and compliance status. www.crowdentials.com

Curiosidy is a new online platform for sharing and promoting life’s meaningful experiences. Users can write about experiences that have shaped them and draw inspiration and insights from a passionate, global community. curiosidy.com

LegalFunnel helps lawyers meet and engage with targeted clients through efficient lead generation and personalized online branding.

Ohio Independent Cinema strives to inspire an appreciation for independent films by making them more accessible for the general public. The company provides a new distribution option for independent filmmakers.

Smooth is a sophisticated, yet simple personal finance app currently in development. The program generates personalized recommendations that help users improve their standard of living and offers incentives for users to follow the recommendations.

Synthetic Intelligence sells Big Data cloud and consulting services. The company “makes Big Data go faster”.

RegulatoryBinder.com, a product of Trailhead CFR, is a web application for managing regulatory documents of physician-sponsored clinical trials. The app is the only platform that instantly enables physicians to coordinate a clinical trial without additional procedures or risk.

You can find out more about FlashStarts here.

This conference is the best conference for startups everywhere else.

Montreal Startup Gets Sobersmart About Drunk Driving, Wins Grandma’s Award

Drunk driving is a serious problem. Over the past five years or so, various companies have been able to put breathalyzers in the hands of those drinking alcohol. People can even purchase retail breathalyzers as a fail-safe way to make sure they are “ok” to drive home and not impaired. In other cases the justice system hands out breathalyzers to those convicted of drunk driving. Often times those breathalyzers are tied into the cars ignition system to make sure the vehicle can not be driven if the driver is intoxicated.

A Montreal startup called Sobersmart has incorporated the use of a smartphone with a breathalyzer to make it even smarter. Sobersmart is part hardware in a fob-sized breathalyzer (pictured above) and part app readily available from the App Store. The app can function as a standalone without the breathalyzer component.

Together the system has three modes: parents/kid, driver, and taxi:

-PARENTS / KID: In a parent / kid setup, the kids use Sobersmart wherever they are before driving and the parent app gets a notification and a variety of options for their safe return. You can even get your car’s location if you have to pick it up later!

-DRIVER: The driver setup is the classic breathalyzer mode. It measures your blood alcohol level and provide you with alternatives to get back home safely if it’s elevated.

-TAXI: Under the TAXI configuration, a taxi driver is hailed automatically by the Sobersmart app. It accepts payments straight through the app, draws funds from the prepaid taxi account, or allows a parent or friend to sponsor a cab ride if someone is short on cash after a long night.

Sobersmart is currently crowdfunding $75,000 for their first production run. The team has already won several accolades including winning “The Grandmother Judges Panel” at the International Startup Festival. They also ranked top 3 overall at the ISF.

Check out their crowdfunding link here and for more information visit their website here.

Here are three ways to improve your startup pitch from a founder who’s raised $1 million dollars.

20 Over 20: One Of The Coolest Hackathons We’ve Heard About

Starting now and culminating with a four day hackathon beginning at noon on Thursday, September 19th, the 20 Over 20 hackathon is looking to solve problems that have been lingering, unsolved for the last twenty years.

The hackathon was jointly created by Dialexa (www.dialexa.com) and Dallas Venture Partners (http://dallasventurepartners.com/). Co-CEO and founder of Dialexa, Mark Haidar told Nibletz: “With all the technology we’ve seen in the internet age over the last 20, years there are still problems out there that can be solved.”

That’s what they intend to do during the hackathon. Dialexa is already solving big problems ranging from surveillance at a Nigerian naval base to GPS tracking to building 3D tooth models from 2D scans. All problems that Haidar’s company has solved with technology.

Do you have a problem that’s been nagging at you that could be solved with technology? You can submit that problem now, here. On the evening of Wednesday September 18th, the 20 Over 20 team will select the 20 Over 20 Problems. From there, the preselected teams will have 18 hours to decide which of the problems they want to solve. If you submitted a problem and your problem is selected, you’ll receive a $20 gift card.

If you choose to participate on one of the teams, you’ll be competing for a $10,000 cash prize, winner takes all. The teams will work from noon on September 19th through 4pm on September 22. Each team will have 20 minutes to present their solution and 10 minutes for Q&A. The winning team will be incorporated free of charge by law firm Strasburger and Price. The prize money will be a $10,000 common stock equity investment for 2% to DVP.

Teams will be judged on four criteria:

How well does the idea solve the problem that was identified?
What level of disruption of innovation does the idea bring to the problem’s market?
Current operational functionality.
Technical feasibility of product roadmap

Stay tuned to Nibletz for more information on 20 Over 20. You can submit a problem and register a team here at the20over20.com

Turn Your Idea Into A Startup On Your iPhone With Elevatr

Entrepreneurs are currently using a wide variety of mobile apps to help plan and launch their startups. Some entrepreneurs use productivity solutions like Xtrant and Basecamp; others are using GoogleDocs; and some go “low-tech” with just their iPhone’s notepad app. I’ve seen some startup founders who have pages and pages of research, drawings, flow charts, customer discovery, and other pieces of the entrepreneur’s puzzle laid out across multiple iPhone and Android apps.

With an entrepreneur’s brain going 100mph these current solutions can be chaotic at best… until now…

New York-based entrepreneurs David Spiro and Rafa Amormin know the pain of turning ideas into startups using fragmented apps all too well. Until now there was no app in any app store that was specifically designed for hashing out startup ideas.

The Elevatr App is currently available in the iTunes app store, and we’ve been playing with it a bit. The UI is basic and very easy to understand. The beauty of the app lies in the fact that it functions like a Q&A business plan designer, but the output is on your own mobile device.

Using Elevatr App you start with an idea and then go through market, product, business model, and execution. Rather than leaving wide open questions that someone with a new idea may find confusing, Spiro and Amormin have divided each category into sub categories asking the questions that you would typically find in a business model canvas. It’s obvious that Spiro and Amormin are entrepreneurs and not just developers.

We got a chance to talk with Spiro:

What is Elevatr?

Elevatr is an iOS app that helps guide raw business ideas into concise business plans.

In layman’s terms, how does it work? (In other words how would you explain it to your grandmother).

The whole point of the app is to give you a structured business plan outline so that you just have to think about building the content for your plan, not the structure of the plan itself. Imagine a very beautiful business plan template broken down into a handful of categories including Problem, Target Market, and Product Features where you can tap on any category to include notes and dynamic media to easily create a business plan from your mobile device. Each business plan can be shared so you can get feedback, work on it with teammates, or pitch it to investors. Users can work on as many ideas as they’d like.

Who are the founders and what are their backgrounds?

David Spiro, Founder and CEO, received the University of Michigan Business School’s Award for Excellence in Entrepreneurship for his business modeling expertise. Started 2 companies as an undergrad and played baseball for UMICH.

Rafa Amorim, Founder and CTO, building backends globally since he was 15, having been an integral part of building Paymentez, a multinational e-wallet company that has 4 million users.

Where are you based?

We are based in SoHo, NYC.

What’s the startup scene/culture like where you’re based?

Technology underlies all industries today but startups are not the leading industry culture in NYC. We see fashion, media, and entertainment as the leading industries here. It’s nice to not be the top of the food chain because everyone in the startup scene is hungry to make it the top of the food chain. Also, we take so much from those industries from business models to company cultural influence. I think you’ll see the startup scene in NYC explode over the next few years.

How did you come up with the idea for Elevatr?

Studied entrepreneurship at Michigan’s Business School and Engineering school. Was around so many entrepreneurs I picked up on a behavior pattern: Everyone was keeping several ideas in Apple Notes. I was being taught business modeling techniques and discovered that the students would enjoy an app that took the pain out of creating the actual structure to the business plan. Then, I realized that the startup revolution had gone mainstream – everyone was pitching me ideas from my sister to my friends moms. When I realized that, I figured it was worth building the app. It’s paid off we have 70,000 users in 2 months.

Why now?

The startup revolution has gone mainstream. People are so enamored by what’s going on with the Snapchat’s and instagrams of the world saying “hey, if these simple ideas can become $1B companies then so can my simple idea.” I also think that subliminally the Recession of 2009 changed how we perceive security at traditional corporations: they aren’t so safe. Any day you could be out of a job for someone else’s selfishness so why not pursue your own idea instead? The bottom line is that internet entrepreneurship is the future of our global economy and we’re the place to turn those ideas into businesses.

And what’s your secret sauce?

Our understanding of how hard it is to execute on business ideas. It enabled us to build this great v1 and will keep us on the cutting edge for this growing market as we push new products moving forward.

What are some milestones you’ve achieved?

70,000 users in 2 months.

Featured on the App Store for WWDC in Productivity, New and Noteworthy, and Apps for Graduates.

Ranked by Mattermark as the 15th hottest startup according to their social traction metrics.

What’s your next milestone?

It would be a true testament to how entrepreneurial we’re all becoming if we hit 100,000 in 3 months.

Who are some of your mentors and business role models?

Elon Musk – the dude made Billions off of Paypal but didn’t sit back and relax. He put it all into solving even bigger problems. And now those are $Billion companies aka SpaceX and Tesla.

My Dad – he’s a surgeon. His work ethic is unreal. If i started to explain it you wouldn’t believe me. I like to think it’s rubbed off on me over the years.

Where can people find out more?

http://elevatr.com

This online accelerator can help you turn that idea into a product.

Whoa! SXSW Is Next Month! Are You Ready?

Don’t worry. The entrepreneur’s spring break is still happening in Austin next March. The fine folks at SXSW didn’t change the date.

But we are excited about the newest SXSW event called SXSW V2V. This new SXSW festival in Las Vegas will run August 11th-14th at the luxurious Cosmopolitan Resort on the heart of the strip in Las Vegas.

While most people instinctively think Austin, March, bands, and startups when they hear the name, the the festival we all just call SXSW is actually 3 separate events all in one. The March event is the SXSW music festival, movie festival, and interactive festival. The interactive part is the “startup” one. Interactive and film run concurrently while music starts as Interactive ends.

SXSW also has SXSWeco, held in the fall in Austin, Texas, and SXSWedu which is the week before the main event in March. So that makes SXSW V2V the 6th event that SXSW produces, and this one is startup focused as well.

The theme surrounding SXSW V2V is “Vegas is For Entrepreneurs.” With that in mind two of the biggest promoters of building startups everywhere else, Tony Hsieh and Steve Case are the main keynote speakers. Hsieh, the CEO of Zappos and founder of the Downtown Project in Las Vegas, talks about the cultural impact of startups on August 12th at 2pm.

Case, the founder of AOL, Revolution, and the founding chairman of Startup America, will talk about starting up everywhere as well as business development and strategy.

SXSW has assembled over 140 recognizable entrepreneurial and startup speakers from across the country. Names we know here very wel like Speek’s CTO Danny Boice, a>m ventures Managing Partner Patrick Woods, oDesk CEO Gary Swart, TechCocktail CEO and Founder Frank Gruber and many more will all take part in mentor sessions, panel discussions, 20/20 vision discussions and more.

The entire event is happening at the Cosmopolitan, one of the newest and nicest hotel and casinos on the infamous strip and badges are still available at this link.

Tampa Startup Wants Fuse To Be Your One Social App

Ryan Negri, the founder of Negri Electronics and now a startup called Laicos, and Kyle Mathews, the co-founder of Laicos believe that everyone is “one social person” so they should only have one social app. They are hoping that app is Laicos’ first app, Fuse.

Fuse is a social aggregator of sorts that combines all of your popular social networks into one feed. Where platforms like Hootsuite allow a user to peruse multiple social feeds at one time through individual streams, Fuse, has one big stream for all social interactions. Right now Fuse will bring together Instagram, Twitter, Facebook and LinkedIn so that you can cross post, cross read and share all at the same time without having to open and close multiple apps.

Both entrepreneurs know that there are services, like Hootsuite described above, that do what they want to a degree, but Fuse is the only platform that views everything in one big feed.

Mathews is based in Tampa Florida while Negri is based in California. Neither co-founder is a stranger to working remotely. Negri talks about launching his successful electronics business in Wisconsin and then working remotely from California even after relocating that company to Nevada.

Negri’s electronics business specializes in mobile devices, and even imports some of the more high end “unlocked” devices from overseas his customers there are typically early adopters on all aspects of technology. That’s where Negri became so intrigued with solving this social problem, telling us he’s surprised no one has done it this way before. Fuse makes a lot of sense.

Check out our interview with Negri below and for more information check out Fuse’s website here.

What is your startup called?

Laicos

What does your company do?

Laicos was created to focus on social application development, mostly in the mobile app arena.

Who are the founders, and what are their backgrounds?

The founders of Laicos are Ryan Negri (@ryannegri) and Kyle Matthews (@kylematthews)

Ryan is the founder of NegriElectronics.com. With over 40,000 unique and satisfied customers during more than seven years of operation, Negri Electronics has become a leader in the high end unlocked wireless industry. Before starting Negri Electronics, Ryan, our CEO, was just an avid fan of new technology, excited about the seemingly certain and infinite growth of mobile capabilities and intent on being the first to get his hands on the latest devices. Today, Ryan is still that same fan, and he offers a platform for others, like him, to get the very best wireless devices before anyone else in the world. In June of 2006, Negri Electronics began operations from an apartment in Northern Wisconsin as a distributor of high end unlocked wireless devices through a variety of third-party retail channels. It wasn’t long before the small business was overwhelmed by demand and faced with the opportunity to expand. Ryan leased his first office space, hired his first employee, and launched the first version of NegriElectronics.com. The business met the inevitable challenges each new business faces and overcame them because of Ryan’s dedication to his vision. He knew that an opportunity existed for a company that could offer exclusive devices with outstanding customer service if the price was right. The market was responding and Negri Electronics had expanded its team to five before Ryan made the decision to move from his Wisconsin roots to an area of the country that was closer to his customers and new suppliers and full of entrepreneurial energy. Ryan moved from Wisconsin to Southern California and ran the business remotely with the help of a loyal Wisconsin-based operations manager that had been with the business from the start. The business continued to grow by adding team members in finance and marketing roles, but as time passed, the advantages of operating a business in Nevada became apparent.Negri Electronics relocated its Wisconsin operation to a newly rented warehouse in Las Vegas, Nevada to take advantage of the lower costs of doing business and to make a positive impact in the Las Vegas community. Through local hiring efforts, the Nevada team added energetic and talented warehouse and customer service professionals and, within one year, the company outgrew its space once again. Today, Negri Electronics is a privately owned corporation headquartered in a nearly 6,000 square feet facility in Las Vegas, Nevada with an office in Southern California that houses administrative, finance, and marketing functions. The business offers nearly 5,000 products through a redesigned website and ships to over 190 different countries around the world. Ryan is still in touch with many of his first customers who count on him for his expertise, and they remain loyal customers and valued friends of Negri Electronics. The entire team is extremely proud of the progress to date and remain enthusiastic and optimistic about the possibilities ahead.

Kyle Matthews is the co-founder of ModMy, LLC. Their main website, ModMyi.com, is the largest iPhone customizing community on the internet, with over 850,000 members and over 1 million daily page views. Kyle has been involved in the modifying scene for over a decade, starting with Motorola phones just before the release of the Razr, and continuing this passion for do-it-yourself modifying of devices and software into the iPhone scene. When ModMyi launched in 2007 along with the release of the first iPhone, it was home to many of the first iOS developers in the world – long before Apple released an official SDK or App Store (remember the first year of iPhone had native apps only!). Cody Overcash, the other co-founder of ModMyi.com, created the first iPhone “theme” ever, starting the hugely popular iPhone theming community. Thousands of talented digital artists helped to grow ModMyi.com by creating beautiful third-party UIs and themes for Apple’s flagship device, which they continue to do. The ModMy sites began as purely a hobby, with both the founders having separate jobs. As the community grew, we experienced rapid growth and learned quite a bit about running large online communities, from best practices on management, to server tweaking and creating custom software to enhance the tools we were already using. ModMy quickly became a full time job for both Kyle and Cody, and has now expanded to include daughter companies like ModMedical, which creates iPad apps for medical device companies, and Brooks Motorsport Composites, which takes the customization mindset to the physical world in building custom carbon fiber aero solutions for race cars. Kyle is also very active in the non-profit world, as the co-founder and executive director of Because of Ezra. Because of Ezra was formed in 2011, after the 2010 loss of Kyle and his wife Robyn’s son, Ezra, to neuroblastoma, the most common cancer in infants. Ezra lived exactly 800 days. Neuroblastoma in stage 4 (the most commonly diagnosed staging) has only a 40% cure rate, and relapsed neuroblastoma has no current cure. Because of Ezra seeks to fill some of the large gaps in funding for neuroblastoma research. Since 2011 they’ve give over $130,000 to fund relevant, patient-affecting research into a cure. With a focus on creating exciting online projects with beautiful designs, Kyle has a large skill set relating to most web and mobile development and design projects.

Where are you based?

Tampa, FL, and Costa Mesa, CA.

What’s the startup scene like where you are based?

The Tampa startup scene is brand new, and rapidly growing. A burgeoning digital crew are beginning to pop up, and a host of medical companies also exist.

The Southern California Startup scene is rapidly expanding. With many new startups opening offices in Santa Monica, it’s slowing becoming “Silicon Beach”. We are excited to be a part. We have not yet tapped into the Vegas Startup Scene, but are excited to do so once we get a little more traction and Tony (Hsieh) starts replying to my requests to coordinate. Negri Electronics is based out of Las Vegas – a Tech Ecommerce site 7 years in the making – with similiar values as Zappos.

What problem do you solve?

With Fuse, our flagship product, we solve the problem of social presence fragmentation. Our tagline is “You’re one social person. Get one social app.” As you interact with the social networking world, we find people are increasingly maintaining multiple presences, requiring multiple apps to manage. Fuse brings together all your social networking in one beautiful, unified experience. Interact with your Twitter, Facebook, Instagram and LinkedIn contacts all at the same time. We have future plans to incorporate more networks as we grow.

Why now?

Managing your social presence is taking more and more time as multiple networks vie for your attention. A few solutions exist to interact with multiple networks, but they still fragment the experiences within the app. Fuse solves that issue.

What are some of the milestones your startup has already reached?

We’ve launched our first product, Fuse, in the App Store!

What are your next milestones?

Laicos’ next milestones are acquiring users. We’re also a month or so away from launching a major redesign, which better matches the flat design seen in iOS 7. An Android version of the app is also in the future musings.

Where can people find out more? Any social media links you want to share?

You can find out more about Fuse here, and by downloading the app on your iPhone from the iTunes store here.

Chicago Startups Raise $146 Million In Q2 2013

Wow! Builtinchicago.com has published their latest Digital Startup Report for Q2 2013. As expected the Chicago startup community has performed extremely well. 37 startups raised $146 million dollars in the second quarter of 2013.

If you’ve ever been to visit Chicago’s startup and technology scene you would see for yourself the creators, the innovators and the synergy that surrounds the third largest city in the United States. Two weeks ago we were in Chicago for Chicago TechWeek 2013 where over 100 different startups were showing off their stuff. In addition they hosted a job fair, where over 1000 engineers, developers and designers pined for jobs from over 100 Chicago based technology companies.

Chicago being a focal point for technology in the midwest is nothing new. Big Marker published this infographic in celebration of Chicago TechWeek highlighting some technology companies like CDW, Cars.com, and Groupon that have become household names.

In the second quarter of 2013 Chicago saw 26 new startups launched, 37 companies funded, and 4 exits to the beat of $396 million dollars.

These Chicago companies raised money in Q2 2013:

AvantCredit
Blitsy
Blue Health Intelligence
Care Team Connect
CareXtend
Civis Analytics
ClaraStream
Fandium
Fooda
GreenPSF
Healthation
Inventables
Narrative Science
Neohapsis
OptionsCity
Optyn
Pangea
Pervasive Health
Project Fixup
Purple Binder
Resultly
Rocketmiles
SimpleRelevance
SocialCrunch
Spare To Share
Supply Vision
Target Data
Total Attorneys
uBid Holdings
walkby
Whittl
Whoozat Inc
YCharts Inc
Purchasing Platform
Zipfit

These are the companies that made an exit in Q2

Textura (IPO)
Acquity Group (Acquired)
Spooky Cool Labs (Acquired)
Cartavi (Aquired)

Source: Builtinchicago.com

How Startup Funding Works In An Infographic

Everyone wants to know the secrets behind getting your startup funded. We receive hundreds of emails every week asking questions about funding. People really want to know how to get funded and what a startup needs to do to get funded. Access to capital and access to talent are still the most prevalent issues facing startups “everywhere else”.

The good folks over at funderandfounders.com have compiled a great infographic that takes a look at a hypothetical startup and the way they get funded.

The infographic chronicles the most common funding steps for startups that actually make it. We’re all too familiar with the statistics on startups failing. Taking a startup through idea stage, cofounder stage, family and friends, angel round, seed round, Series A, and then eventually (hopefully) IPO.

Of course there are a lot of startups that will fail, a lot of startups that will choose to bootstrap, and some startups that can go direct to revenue. Whatever your path, the infographic below is a fair representation of the funding process. The accompanying article at fundersandfounders explores each stage indepth.

source: Fundersandfounders.com

Now check out Billion Dollar Startups In A Beautiful Infographic.

500 Startups Is Looking For The Unsexiest Startups, Everywhere

500 Startups the name brand accelerator out in Silicon Valley, that takes great pains to bring cohorts together from around the world, is looking for the “unsexiest startups”. 500 Startups founder Dave McClure is a ninja, renegade and pirate and would take a martian founded startup if they had a good product, a good team and the possibility of growing with one of the best mentor networks in the universe. Now, that startup doesn’t even need to be sexy.

500 Startups knows that even unsexy startups, bring home the bacon. 500 Startup is hosting a conference specifically for those ugly startups, ok not ugly but “unsexy”.

“Even Silicon Valley, the mecca of innovation, sometimes misses the point. While everyone drools over “sexy” consumer verticals that often lack business models, some of the most high-growth, profit-wielding companies are incredibly underrated and overlooked.Covering SMB/Enterprise, financial services, communications, email, data, infrastructure, and more, unSEXY is a 1-day conference about tech startups and companies who are actually doing something incredibly sexy—they’re making money!” 500 startups wrote on their page for the event at unsexy.coTop speakers from some of the most successful unsexy startups in the world are tapped to speak at the one day conference happening August 9th in Mountain View. Isaac Saldana (SendGrid), Rashmi Sinha (SlideShare), Jeff Lawson (Twillio), Ken Gullicksen (Evernote), Doug Wormhoudt (Lovely), Patrick Collion (Stripe), Matt Tucker (Jive), and Kathryn Minshew (The Daily Muse) are all slated to speak at this first of it’s kind startup conference.They’ll be speaking on topics like:

GET UR BLING ON: Strategies for Marketing, Branding, & PR
MAKIN’ BACON: SaaS, Freemium, Subscription, & More
DESIGN THAT CONVERTS: UI & UX for the SMB/Enterprise
CUSTOMER ATTRACTION: Acquisition in Fragmented Markets
BABY GOT BACKEND: New Tools for HR, Finance, Operations, + more
SOFTWARE HEARTTHROB: Building Raving Fans in Non-Consumer Markets
SCALING WITHOUT FAILING: Solutions for Customer Service

and more.

You can register for Unsexy.co right here.

And this huge startup conference is specifically for startups everywhere else!

California Startup Launches Platform For Substance Abuse & Eating Disorder Providers

Substance abuse and eating disorders are two very important issues that aren’t discussed much here at Nibletz. But with the explosion of startups across the country, Los Angeles-based entrepreneur Michael Sigal wanted to attack those issues.

Bookyourcare.com is an online marketplace to find care provider from the comfort and privacy of your own home. They concentrate their service providers in areas of substance abuse, eating disorders, and other more sensitive health, medical, and mental health areas. Bookyourcare.com didn’t just use a directory API because Sigal thinks transparency and safety are two very important areas when it comes to health-related issues like these. That’s why they are curating all of their service providers in person to help build better profiles and ratings and make the end user experience easy for those looking for these types of services. Often times when seeking out treatment for substance abuse issues and eating disorders, emotions are running on high. That’s why it was important to make Bookyourcare.com as easy to use as possible and at the same time, as robust and knowledge filled as possible.

We got a chance to interview Sigal, check out the interview below:

What is your startup called?

My company is called BookYourCare.com. I wanted a name that precisely represented the service we’re providing to the consumer.

What does your company do?

BookYourCare is the first digital marketplace in the United States for healthcare. Our specific focus is on the huge and largely unregulated substance abuse and eating disorder treatment industry.

To accomplish this we’re bringing together the free market, transparency and consumerism to healthcare services.

We physically visit treatment facilities and execute a rigorous evaluation and analysis of what is provided and then share that unbiased information with our audience. Information is power and our goal is to supply the facts so people can make better informed choices in regards to a potentially life-saving decision and avoid questionable or unscrupulous facilities.

We’ve also included an online bidding and auction program to help keep costs down which works much the same way as someone bidding on a stay at the Four Seasons or an eBay auction.

Who are the founders, and what are their backgrounds

I, Michael Sigal, founded BookYourCare.com following my serving as the Senior Vice President of TMP Worldwide which was then the parent company of Monster.com. I have three partners with professional backgrounds in substance abuse, health and security industries.

Where are you based?

BookYourCare.com is based on Torrance, California.

What’s the startup scene like where you are based?

Los Angeles has always been known as a town where big dreams come true. There is an active community here for entrepreneurs to seek advice and workshop ideas. But given the nature of online startups I think it’s more about where you choose to live than it is about proximity to new audiences. That said, Los Angeles County has the highest percentage of treatment facilities in the nation so our work does have a “local” component.

What problem do you solve?

To date, people seeking substance abuse or eating disorder treatment had two avenues to explore in their research. They could search online where they were met by the marketing claims of the facilities themselves, sometimes untrue, or they could rely on word of mouth. Considering that in 2014 the industry is expecting to see $34 Billion in revenue I found it shocking that unbiased information was not made available, particularly to people who are typically in a highly emotional state and prone to the “hard sell” when they talk to the “closers” at many of these facilities.

The other component of BookYourCare is to help keep costs down for the consumer while also helping facilities increase occupancy. We’ve done this by implementing an online bidding and auction service. This allows consumers to set their own price and facilities to either accept or decline that price. Beyond the cost, patients also benefit as it’s been shown that more active group programs help with recovery. And because the traffic flow in treatment centers often comes in waves, should a facility find itself with a bed or two open it’s in their best interest to accept a reasonable bid.

Why now?

Substance abuse and eating disorders are skyrocketing yet as a country we seem to take an “Out of sight, Out of mind” approach to recovery. The treatment industry has seen revenue jumps of 55% since just 2005 and with the Affordable Care Act folding in substance abuse and mental health treatments we know the demand will increase. Our role is to meld the free market, transparency and consumerism and apply that to healthcare services. Our goal is to help people find wellness.

What are some of the milestones your startup has already reached?

We knew going in that what we are tackling was a time-consuming process. Physically visiting facilities and analyzing them in the way we do, which includes everything from programs offered and staff experience to facility security, past business records, licenses and more, this meant we couldn’t just flip a switch. We beta-launched to California consumers about 3 months ago with analysis provided on roughly 50 facilities. During this period we are testing functionality of the website as well as marketing and making adjustments before going to full launch. Our team is constantly analyzing new facilities with the goal of expanding our reach nationwide.

What are your next milestones?

The response of the treatment community has been overwhelmingly positive as has the response from consumers who recognize that we’re acting as an advocate for them. Our next step is the successful completion of our California beta at which time we’ll begin our national rollout. We’re confident this is a milestone we’ll reach.

Where can people find out more?

Website: http://www.bookyourcare.com

Facebook: https://www.facebook.com/BookYourCare

Twitter: @BookYourCare

500 Startups Alum, Spinnakr talks about the importance of building a foundation at home.

Cory Booker And Terry McAuliffe Tap St.Louis Startup Givver For Campaign Fundraising

Givver, St.Louis startup, Cory Booker, Terry McAuliffe

(image: salon.com)

We already know that Cory Booker, Newark NJ Mayor and Senate candidate, is one of the most socially connected and startup friendly civil servants. He ranks up there on the Nibletz’ list with DC Mayor Vincent Gray and Chicago’s Mayor Rahm Emanuel. To date Booker has over 1.4 million followers on Twitter and uses the social platform daily to keep up with his constituents.

Booker has been looked upon as the next Barack Obama. He’s well loved across New Jersey for his accessible approach to his citizens. He regularly responds to people on social media. It was well documented that during Hurricane Sandy, Booker invited residents into his home to wait out the storm.

Booker is now running for the US Senate in a race many say he has a good shot at winning. He is running for the seat left vacant when Frank Lautenberg died in office earlier this year.

Booker has reportedly raised $5 million dollars to date, and as with any campaign any donation big or small is always welcome. To make it easier, Booker was looking for a platform that would enable his Twitter followers to easily donate to his campaign via Twitter. The platform he chose for this mission was St. Louis startup Givver.

Givver allows Twitter users to donate by tweeting amounts to the service. Users must sign up for Givver first, but once they are signed up, donating via Givver is just as easy as donating to the Red Cross through a text message.

ABC News reports that Booker told his followers about Givver with a tweet on June 14th saying “Help me reach $100k goal by tomorrow. You can tweet to #give $5 to our Senate campaign – sign up at givver.com/cory-booker-for-senate #Booker4Senate.”

“The folks at Givver reached out to us and helped us get set up just to see how it goes,” said Larry Huynh, a member of Booker’s digital team.

“When the idea and the platform was brought to our attention, we said, ‘For sure, let’s give it a go.’ With his huge presence on Twitter, it really made sense that we were providing folks who are supporters of Cory Booker any mechanism to support the campaign in any way they see fit,” Huynh added.

Booker isn’t alone though. Virginia gubernatorial candidate Terry McAuliffe has also turned to Givver to let his constituents easily donate via Twitter as well. While progressive with his social media strategy, the McAuliffe campaign pales in comparison to Booker’s. McAuliffe currently has 10,911 followers on his Twitter account.

“We’re honored to have Mayor Booker on because he’s such a … thought leader on social media,’” Givver founder Chris Sommers told ABC News. “The next generation of donors and givers … are not writing checks with frequency and obviously not with the dollar amounts that some older people are. But, at the same time, they’re actually looking for something in return.”

Source

Mark Cuban, NEA And More Back Boston Startup Tivli

Mark Cuban, Tivli, Startup, Boston Startup

Mark Cuban (photo: JD Lasica flickr)

Tivli is a startup that’s bringing college students live TV over the internet. The company streams live TV, including broadcast channels, to students on their web connected devices, no matter where they are on campus.

The Boston Business Journal reports that Tivli was founded by 2009 Harvard engineering graduates Tuan Ho and Nicholas Krasney. They also beta tested the product on Harvard’s campus in 2011. The Tivli service has since expanded to Yale, Texas A&M, The University of Washington, and Wesleyan University.

“Tivli is a fast-growing entertainment service for college campuses that streams live, time-shifted and on-demand TV content to students on their terms — when they want, where they want, and on the devices they want,” said Christopher Thorpe, the company’s CEO in a news release on their website. “Tivli also provides an innovative service to the universities with cost-effective, secure video distribution over their existing data networks. Moreover, students tell us that Tivli makes their on-campus living experience even better. We’re proud to have earned the support of our world-class investors and look forward to working with them as we build a great company.”

On Wednesday the company reported that they had closed a Series A round led by New Enterprise Associates (NEA), with participation from Felicis Ventures, Rho Ventures, HBO, Mark Cuban’s Radical Investments, WME, and CBC New Media Group.

Cuban, the owner of the Dallas Mavericks, ABC Shark Tank shark, and angel investor routinely invests in startups in a wide variety of technologies. Tivli was especially appealing to him because it’s in the video space ,which he is very familiar with. Cuban is also the founder of HDNet which is now AXS TV. He also made his first billion selling broadcast.com to Yahoo.

“I’m excited to be part of Tivli and think they are the future of entertainment on college campuses,” Cuban said in a statement.“Tivli is a great complement for AXS TV and my other entertainment investments.”

You can find out more about Tivli here.

Here’s a way not to get an investment from Mark Cuban.