London Startup Simplifies Employee Performance Reviews, Moves Them To The Cloud

Appraisly,London startup,startups,startup interviews

 

 

 

 

Nyk Lygkonis and James Strickland are two London based entrepreneurs who are looking to change the way employee performance reviews are done. Their startup, Appraisly, is being built in a clandestine location in the middle of London’s thriving startup hub. They’ve found great wifi, coffee and a color printer in the lobby of a swank hotel. That’s where these two financial guys by day are perfecting the art of performance reviews.

The product they are bootstrapping will help companies both large and small with employee retention. By having their employee performance platform based in the cloud, it offers easy access for both employees and managers to reference past reviews, keep up with goals, set new goals and conquer milestones. Long gone are the days that an employee should need to wait for an HR person to rifle through file cabinets to find the latest review.

While the company insists that for employees and employers to benefit from reviews they need to discuss them and have an actual in person dialogue their SaaS platform also allows employees and employers to communicate within the platform on a goal. This makes it easy for the employee and employer to remain on the same page. This can be critical for retaining good talent and for employees to set and know benchmarks so they can get raises.

We got a chance to talk with the guys behind Appraisly, check out the interview below.

What is your start-up, what does it do?

In your day-to-day job have you ever had a bad performance review? How did it feel? Unfair? Unjustified? Like your side of things had not been taken into account? Evidence had been ignored? Biased? All of the above?

Appraisly is a cloud-based employee performance management service which will improve the way performance appraisals are conducted at our customers businesses. Our solution allows business owners to manage employee performance in a manner that aligns individual goals to those of the business, in real time and in the cloud. It’s Software-as-a-Service (SaaS).

Think of Employee Performance Management as all of the activities that ensure that goals are consistently being met in an effective and efficient manner. It is the method by which job performance of an employee is evaluated. We think every business (small, medium or large) in every country should be doing this; and if they’re already doing it they should be doing it better.

Appraisly will provide the guidance, tools, processes and outputs to enable business to conduct effective and value adding performance appraisals without requiring any integration with existing systems.

Who are the founders and what are their backgrounds?

I’m James and my co-founder is Nik. I’m from Cape Town, South Africa and have a background in corporate and retail finance while consulting to some of the world’s biggest organizations. I have extensive experience with large scale talent management software (solutions provided by SAP, Oracle and IBM) and personal experience with the ups and downs of the performance management process at some of the world’s top consultancies. On the start-up scene I’ve been involved in a couple of businesses including a custom t-shirt website for social media trends, an affiliate advertising master plan which never took off, and a fledgling financial trend analysis business. On the side I am a passionate PHP developer currently learning about the joys of Ruby on Rails and Python. And I love sci-fi (especially Dune).

Nik is an ex-pat who fled the sunshine and blue seas of Greece to land up in the Welsh countryside. He mastered the town of Aberystwyth and climbed the ranks of one of the world’s leading commercial finance businesses, and ended up in the same consulting jobs as me a couple of times. He’s a pitbull and doesn’t understand the word ‘no’; literally. He has a real problem with authority but is the driving force behind some of the great work we’ve done on Appraisly so far. He’s big into Basketball but has wisely decided to focus on start-ups, since he’s a short white Greek guy who can’t jump very high. He codes on the side

Where are you based?

We’re based in the cultural melting pot of London, U.K. We also have full time jobs in the Financial Services sector at the moment (but hopefully not for much longer). We tend to operate out of a swanky hotel but this is mostly because we like the waitresses, the beers are cheap and the wi-fi is free. Also there’s a color printer. We just pretend that we are staying in the hotel, but really we just rock up each evening and use their facilities. I will decline to mention the name for obvious reasons.

What is the startup culture like where you are based?

We are fairly new to the startup culture, but outside of Silicon Valley I would say that London has a great deal to offer especially around the Old Street area. There are meet-ups occurring all the time and plenty of interesting ideas and people to meet. It seems like every person we meet in our day job has an idea for a start-up too – probably because there’s a lot of really motivating success stories in the UK right now, and some really viable channels to obtain funding. Having said that, I think the proportion of folks who actually get up off their seats to make their ideas a reality is really small; and the people who have the determination and motivation to succeed is even less.

What problem does your startup solve?

Small businesses aren’t doing performance appraisals. They should be. Bigger businesses probably are doing performance appraisals, but they aren’t doing them well enough. This affects people’s job happiness and success, and ultimately affects the bottom line of even the smallest business. Overall, employee performance is not measured or managed accurately.

What is one challenge that you’ve overcome in the startup process?

Doing valuable and unbiased market research is hard, and something we’ve failed to do in past ventures. We’ve been incredibly candid with friends, family and people we meet – we are pitching the idea to every man and his dog. But getting honest unbiased market research has been tough. Here’s how we overcame that: we built a market research survey on Google docs and personally emailed everyone we knew. We put ads on Gumtree and Google to garner additional responses; we promoted the hell out of it on Twitter. In addition, we harvested as many publications and research papers as we could from the routes available to us in our day jobs. At this early stage the data looks really promising, and most importantly it’s proving some of the hypotheses we initially conjectured. The findings are proving very useful as we move through the construction of our detailed business plan.

What are some of the milestones your startup has achieved?

Getting off the ground in the right way has been a real win. We’ve tried the lean approach in a few other scenarios but we’ve really not found that method to be a great success. With Appraisly, we wanted to plan things out properly and that’s been a huge help. By planning I mean the following: We’ve drawn up a macro plan which outlines where we want to be in 5 years, where we want to be in 1 year, and then what we need to do to get there. Some of the key outcomes from that process have been things like “We COULD go away and build this thing right away; but it’s more sensible to plan, design and then raise investment before starting”. We feel so passionate about this idea that just going away and doing a slap-bang job would be doing a great disservice to ourselves and to our idea. Having said all that we do understand that our plan almost certainly will not survive the first investor contact, let alone the first customer contact – but it will get us to those contact points in good shape, and that’s a big deal.

We’ve also drawn up a 6 week plan to get us out of the plan phase, and into design. That’s nearly complete and we’re looking forward to wire framing.

We’ve also built a holding page (htttp://www.appraisly.com), bootstrapped it and launched an EC2 instance to host the site. We’ve started a blog (http://www.appraisly.com/blog), built up a good network on Twitter (@appraisly) and most importantly, registered from early stage investor events. This gives us real targets to aim for and those targets align to our macro plan.

What are your next milestones?

At the moment we’re finalizing our detailed business plan for 12th May, as well as a ten page investor pitch and a couple of one-pager infographics. Following that we’re going into a detailed design phase for the following 6 weeks. That will flesh out our major product offering – we’re really looking forward to this. We’ll be doing an extensive wireframe in Balsamiq and preparing detailed use-cases. Upon completion of the design phase (mid-June) we’ll be heading into the funding/investing phase.

Who are your mentors and role models?

Our role models are Mark Cuban (the man started an IT business, bought a sports team and starred in Entourage!), Elon Musk (the guy has started three separate $1bn businesses – enough said) and Kenny Powers (fictitious), the washed out baseball player from the HBO show Eastbound and Down.

Our mentors include our buddy David Batey (@davidlbatey) a coding genius and lead developer on a couple of awesome projects like Shutl, The Mediagraph and many others. If you want to mentor us give us a shout on Twitter, we’d love to hear any advice you can offer to a new start-up.

What are some of the advantages/disadvantages growing your startup outside of Silicon Valley?

Our major advantages include ready access to the rest of the world (outside of the US). European venture capitalists are on our doorstep, along with a number of potential Arabian and Asian investors. The scene is growing massively and we’ll be part of that wave. We think investors outside of Silicon Valley are looking for founders who are serious, experienced, determined and will not give up. That’s us.

The disadvantages are probably on the flip-side – from what we’ve read, having never visited Silicon Valley, the culture is very immersive; everyone is talking about start-ups or knows someone who knows someone. I guess the disadvantage we have is in terms of the networking possibilities available to us. We also have to ditch our full time jobs and focus exclusively on Appraisly.

What’s next for your startup?

Getting featured in Nibbletz!

We’ll be kicking off our external facing campaign on June 13th at the Launch 48  Showcase event in London. Look out for us there, and stay in touch on Twitter (@appraisly) and via our Blog in the mean time.  You can find out more at appraisly.com

ThisChattanooga startup is gamifying workplace wellness.

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New York Gets Billion Dollar Exit With Tumblr

Tumblr, Yahoo, David Karp, Marissa Mayer, Acquisition, Exit

Tumblr founder David Karp onstage at TechCrunch Disrupt 2011 (photo: K. Sandler for Thedroidguy.com)

This was the big startup news all weekend. At the end of last week, rumors started bubbling up via AllthingsD suggesting that Yahoo, and it’s new powerhouse CEO Marissa Mayer was looking for their biggest startup acquisition to date. That startup was Tumblr.

Last week we started hearing that Yahoo was prepared to buy Tumblr for $1 billion dollars. Many tech and startup pundits suggested that Facebook may try and jump in and swallow up Tumblr before the Yahoo board could get together Sunday and vote on the acquisition. Facebook reportedly, never made an offer.

In case you’ve been living out in the wilderness without internet access, Tumblr is a microblogging platform. They have over 100 million monthly visitors and see over 90 million posts made per day.  Unlike the 140 character restriction on Twitter, people posting to Tumblr can write longer formatted posts and include pictures, videos etc.

Coincidentally Tumblr, and it’s founder David Karp, were the subjects of my most widely read story ever in my career is a “blogger”. Tumblr is just that popular.

Karp has been swatting off offers to buy Tumblr almost since it’s inception. Celebrities like Lady Gaga and others, flocked to Tumblr to add to their social media strategies. In fact GaGa actually posts on her own Tumblr, whereas her Facebook page is updated by a social media team.

The Wall Street Journal, and several other credible sources, have said that Yahoo’s board approved a $1.1 billion dollar acquisition of Tumblr. Many sources speculate that Mayer, a 13 year veteran of Google, hopes that Tumblr will be Yahoo’s YouTube.  It’s also been reported that, for now, Tumblr will operate as it’s own business unit, and continue to be based in New York.

There are no solid revenue numbers for Tumblr reported online. What has been reported is that the startup, that was founded in Karp’s mom’s small New York apartment in 2007, has raised $125 million in venture capital and at one point Karp sold 25% of the company for$750,000. It’s unclear how much Karp still owns today.

Karp, along with girlfriend Rachel Eakley, a grad student and chef, lived in a modest west village apartment until last year when they moved into a $1.6 million dollar loft in West Brooklyn. Karp dropped out of high school, finishing up his education on his own and then moved to Japan where he coded for a living.

There’s no official word of how long Karp will remain with the company.

New York even has a ping pong startup!

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Memphis’ Bad Ass Startup Chick Brittany Fitzpatrick Pitches MentorMe

MentorMe,Brittany Fitzpatrick,Seed Hatchery,startup,memphis startupThe day of reckoning is upon us and it appears that Bad Ass Startup Chick Brittany Fitzpatrick’s nerves have calmed a bit. After working tirelessly on a startup she originally pitched at the women’s 48 hour launch in Decemeber, Fitzpatrick is ready to show the world her answer to many of mentoring’s problems.

Community service and helping people have been what Brittany Fitzpatrick’s life’s work have been about. But what makes this Memphian even more amazing is that she left a position with one of the most prestigious, well known brands in the non-profit space, Ronald McDonald House Charities, to start something of her own, again in community service.

As the communications coordinator for Ronald McDonald House Charities of Memphis, Brittany took the passion and drive she’s had since high school and through college at Howard University and Memphis University, and combined it with the tools available in recent day to double the groups social media reach. Ronald McDonald House Charities of Memphis works with the most well known children’s research facility in the world, St. Jude Children’s Research Hospital.

Over the last six years,  Brittany has been a mentor and helped other mentor’s in a variety of programs. Through her work with Ronald McDonald House Charities and other stops along the way, she found that mentorship was a great thing, but flawed in many ways.

When she first pitched the idea for her startup “Mentor Me” back in December at a women focused 48 Hour Launch, she revealed that most mentor orgranizations spend more money re-placing mentors and mentees than they do setting up original pairs. Brittanny quickly realized if someone could fix the initial matching proces than these programs could focus on their original goals and save a lot of money.

That’s where her startup Mentor Me comes in. Mentor Me is a mentor and mentee online matching service that uses a variety of information given from both parties and an algorithm to make more successful matches. While Brittany is hesitant about using the verbage “e-harmony for mentor”, at the core that’s what it is and that’s why it’s going to be so successful.

But the biggest factor in the success of Mentor Me is going to be a combination of the technology and the founder. Brittany is a dynamic young woman. Back in December, the prize for the 48 Hour Launch competition was a startup village booth at everywherelse.co. When Brittany came in second place she decided to crowdfund the people in the audience so that she too could have a booth for her startup. Within minutes her mission was successful.

After working for three months in the Seed Hatchery startup accelerator, Fitzpatrick unveiled MentorMe to the public at large Thursday in Memphis. Check out her pitch below:

But the biggest factor in the success of Mentor Me is going to be a combination of the technology and the founder. Brittany is a dynamic young woman. Back in December, the prize for the 48 Hour Launch competition was a startup village booth at everywherelse.co. When Brittany came in second place she decided to crowdfund the people in the audience so that she too could have a booth for her startup. Within minutes her mission was successful.

Find out more about Mentor me here at getmentorme.com

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2 Memphis Tech & Startup Ninjas Turn Farmer With BetterFed [SeedHatchery]

betterfedThe story about how Scott Finney and his scientific outsourcing startup, IncreaseIf, pivoted to become BetterFed is a story that wouldn’t even fit here on the pages of nibletz. It’s actually a classic story of believing in the founder though and that’s what the team that vetted Seed Hatchery startups did. (disclosure I was on that team).

We knew that Scott Finney had a very well versed background in engineering. A graduate of Auburn University, and a regular attendee of the local Startup Meetup, Finney has had a slew of great ideas. IncreaseIf may not have been one of those, but his passion and technical expertise would drive him to his ultimate destiny which is BetterFed.

BetterFed is a startup that bridges farmers and local growers with people too busy to get to the farmers market but still want the freshness, benefits and healthy alternatives that come from real home grown food. To get from IncreaseIf to BetterFed, took a lot of pivoting, until Finney just blew everything up and solicited the help of Seed Hatchery alum Kenn Gibbs.  Gibbs had taken his own edutainment startup, Knoco, through last year’s Seed Hatchery program.

At first Gibbs wasn’t sure if he would join Finney on the BetterFed journey. He was already knee deep in mentoring and offering technical advice to the other cohort teams. However without much poking and proding, Gibbs came around and now both young men are so into BetterFed that they created Twitter handles FarmerFinn and FarmerKenn. They’ve also been talking about opening up their own farm and becoming growersthemselves.

We got a chance to talk to Finney just before he went onstage here’s what he said:

What’s your startup, what do you do?
BetterFed connects customers to local food sources. We provide weekly food subscriptions that best fit your families eating habits.

Why did you apply to Seed Hatchery?

I was looking to get my MBA sometime soon. Speaking with some of the alum, I heard the benefits of Seed Hatchery outweighing a classroom experience.

What were you expecting?
I was expecting to be a technical co-founder for a team and ended up being a lone founder for the first month of the cohort.

Did you get what you were expecting?

Yes, I knew I was going to be forced out of my comfort zone, but didn’t know how much until now.

What was your big “A Ha Moment”?

The importance of taking action and realizing you can plan and assume all you want, but you won’t learn anything until you take action.

What are two big things you learned during the Accelerator Process?

Get a product out to your customers as soon as you can, and tell everyone about what you’re working on because you never know who can make an introduction to a valuable relationship.

What’s one thing you learned about yourself during the accelerator process?

The program required me to use skill sets I did not believe I had. In the past I would have let others handle sales and marketing, but I’m completely involved in those avenues.

What are you hoping for after Investor day?

We’re looking to continue our customer discovery to validate all that we’ve learned in the past couple weeks.

Tell us one of your mentors and what you learned from him or her?

Sarah Baker is a PR and communication expert and she’s helped us focus our message to our target audience.
 
And now check out their pitch video.
Find out more at BetterFed.co  

We’ve got more Seed Hatchery startup stories for you here. 

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The Big Day Is Here For Memphis Startup ScrewPulp

screwpulpLast week we were pleased to bring you the story of ScrewPulp’s launch. The new self publishing platform is helping authors and publishers with much needed traction and engagement through a different model.

Publishers/authors sign up for ScrewPulp which helps them market their books by giving away the first 25 copies in exchange for a social media mention, review or rating. From there, as books gain popularity they increase in price by $1.00 per level. This format gives authors/publishers, much needed exposure and the benefit of having ratings and reviews built in to their profile.

Publishers hold all the rights to their books. ScrewPulp takes a small percentage and leaves the author/publisher with no less than 75%. They only ask that submitted works stay on the site for 90 days.

Screw Pulp founder Richard Billings launched the startup at 48 Hour Launch in June of last year. From there he went on to take the top prize at Launch Memphis’ Global Entrepreneurship Week event, which included pitching in front of Federal Court Judge, John Fowlkes.  The Seed Hatchery accelerator was the next natural step for the team.

We’ve chronicled the life of ScrewPulp from that very first pitch in June, consequently the same 48 Hour Launch event that attracted Nibletz to Memphis, through demo day. Check out more Screwpulp coverage here and watch Billings’ pitch video here:

 

Check out more of our Seed Hatchery coverage here. 

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Musistic Debuts At Seed Hatchery Demo Day, Finally A GitHub For Musicians

musisticWhat do you get when you cross two musicians and two recording studio employees in Memphis one of the earliest cities in the world with a globally musical pulse? Musistic.

The Musistic team is made up of Justin Olita, Vince Rogers, Brian Wentzloff and Rachel Hurley (who joined them after leaving the soundstache team). The four of them together are pioneering a new collaborative music platform that allows musicians to collaborate in a meaningful way, similar to how programmers collaborate on GitHub.

Users can find others to collaborate on a song or album together via the Musistic platform. From there each musician can post their parts and tracks for the others to “pull down” and record on top of. The best part is that the Musistic platform is DAW friendly across many types of popular software.

Gone are the days when musicians need to upload enormous email attachments or figure out which drop box, box.net or other cloud account has enough space for their project.

Using Musistic they can easily find the parts they need, re-record, edit and get them back up for the collaborators to continue working on. This isa welcomed tool in the music community and it’s made from a team that is rich in their musical background.

To date they’ve secured a creative capital investment from Loaded For Bear equal to $100,000 per year for five years. They are also working on strategic partnerships with the Memphis Music Foundation and the Folk Alliance International.  It also helps that Hurley, who leads marketing and business development, has deep relationships with hundreds of Memphis musicians.

To get a better idea of what Musistic is and where it’s going, check out the pitch video below.


You can find out more at musistic.com

We’ve got more Seed Hatchery coverage here.

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Star & Micey’s Nick Redmond Pitches Soundstache At Seed Hatchery Investor Day

nicksoundstacheMemphians, and for that matter a lot of folks in Tennessee are familiar with the name Nick Redmond. Nick is the frontman for the very popular indie band, Star & Micey. It was through touring, singing, performing and engaging with fans that Redmond had this great idea for a startup and Soundstache was born.

Through fellow Memphian Rachel Hurley who is knee deep in the Memphis music scene through working with the Poplar Lounge and other Memphis music spots, and through being active in the Memphis startup community, Redmond got the opportunity to apply for Seed Hatchery.

Hurley says that it was actually at famous movie director and local Memphian, Craig Brewer’s birthday party where Redmond pitched the idea for an interactive app that worked both online and off line and connected fans to musicians. Soundstache is a geo-caching app/game that allows fans to search for “staches” that bands put out for them to find. They could be in plain sight or maybe tucked under a tree, in a set of stairs or attached to a sign post.

Bands plant staches for fans to find and the app directs them to it.

Never afraid a challenge, just days into the Seed Hatchery program Redmond decided to try SoundStache out at one of the biggest playgrounds in the music world, SXSW and there it was met a ton of positivity. Fans loved the exclusive nature of the prizes they were winning.  Speaking of which, bands can give away whatever they want, a used drum stick, concert tickets, cd’s, demos whatever.

Most people know that indie music fans, real indie music fans not fake ass hipsters, go all in on their favorite bands and support them anyway they can. Soundstache gets them off the couch and out from behind the macbook, onto the street looking for “staches”.

In between his hard touring schedule Redmond just went through the Seed Hatchery accelerator program. Here’s their investor day pitch video.


Sign up for soundstache at signup.soundstache.net

Here are more SeedHatchery stories at nibletz.com The Voice Of Startups Everywhere Else.

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Launch Your City Takes A Dose Of Their Own Medicine, Unveils Startco

startcologoEric Mathews, Founder and co-President of Memphis-based Launch Your City, is no stranger to entrepreneurship. His family owns a very successful steel door business based in Little Rock, Arkansas. But rather than falling into the security of the family-run business, Mathews,a chemistry student at the time, wanted to be his own entrepreneur. Better than that, he saw, through entrepreneurship, ways to give back to the community, becoming a “social entrepreneur” of sorts before it was the cool hipster thing to do.

In his early 20’s, Mathews became the assistant director at the Fedex Institute of Technology, an academic and tech initiative at the University of Memphis.That wasn’t enough, though. Mathews wanted to help launch companies and startups in Memphis without a tie in to the University. He wanted anyone with a good idea to be able to benefit from an entrepreneurship program. So in 2006 he took the plunge and started the organization that became Launch Your City.

“Iteration trumps perfection,” an “Eric-ism” oft-repeated in Memphis’ startup circles, is a motto that Mathews practices as well as preaches. Launch Your City has seen a slew of iteration over the past 7 years and continues to evolve today.

While choosing a name that would easily transition to startup communities and ecosystems in any city, Mathews honed it in to Memphis by officially launching LaunchMemphis, a division of LaunchYour City, in 2008.

Over the next few years, Andre Fowlkes grew tired of the investment banking and private equity landscape on both coasts and started looking for opportunities to return home. In late 2010 the native Memphian and son of Federal Court Judge John Fowlkes gave up the private equity and investment career and the salary that went with it. After meeting Mathews he realized that Launch Your City is where he wanted to be.

andre1Those who know them know that Mathews is very analytical, quiet, and a little introverted. Fowlkes on the other hand is very outgoing, a relationship builder and connector. With his outgoing personality and business acumen, Fowlkes was the perfect complement for Mathews. In 2011 they became co-presidents of the organization that now oversees Launch Memphis, Seed Hatchery, Upstart, Memphis Venture Mentors, and Wolf River Angels.

With their plates filling up fast and so many different names to keep track of, Fowlkes and Mathews went to work with local agency and huge startup supporter archer>malmo* on re-branding. What began as a project to subtly adjust their branding and message came together as a whole new brand that’s more reflective of the future for the organization.

Today, as Fowlkes kicked off the Seed Hatchery 2013 Investor Day, they revealed the new branding for the organization as Start Co.

The new name and branding fit the overall goals much better, putting everything together in one easy to remember and understand brand. The three lines of effort for the organization remain in tact.

–Educating talented founders
–Accelerating their businesses
–Building the ecosystem of support resources around the entrepreneurs
With the new Start Co branding, their vertical efforts that support accelerators, mentors, raising capital, and supporting the startup community will be better served.
During the transition you can find out more at neverstop.co
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*disclosure, archer>malmo holds an equity interest in Nibletz through their a>m ventures arm.

 

Indiana Couple Pitches Their Startup, Boosterville, At Seed Hatchery Demo Day

boostervilleAttracting great talent to an accelerator that doesn’t have the name Techstars or YCombinator in it can be a difficult task. Attracting great talent that’s already had success in the startup space can be even more daunting. That’s what happened in the case of Indiana startup Boosterville.

I actually met Pam Cooper the CEO and co-founder of Boosterville, while it was still called Sodbuster, on Brad Feld’s Hacker News alternative site, the startup hub. Pam and I quickly became friends. It was then I learned that she was a little more “seasoned” than other founders, having started a very successful small business in Indiana. Her quick wit and thought provoking questions made it easy to interact with her on an online platform.

Pam decided that despite a failed attempt at Indianapolis startup conference “Powder Keg” her and her co-founder/CTO husband, Tom Cooper, would make the trek to Memphis for everywhereelse.co The Startup Conference. At the same time we were accepting applications for Seed Hatchery and I quickly introduced her to the organizations leader, Eric Mathews, and they got in.

We learned through the vetting process that Tom was actually the founding CTO of question and answer site Cha-Cha. He also has a long resume of engineering work at several successful startups and companies. The Cooper’s have done well. They’ve got kids in college, a rather large home in Indiana, oh and Tom has his own plane as well. So why come all the way to Memphis for an accelerator?Great question, the answer: For the accelerator.

From day one both Pam and Tom dove head first into the curriculum, learning, sharing and development that is offered through the Seed Hatchery program.  They took criticism like the best of them, often times from leaders and mentors that didn’t have even a fraction of the startup experience that Tom had. Both Cooper’s have said over and over again how much they’ve learned here in Memphis.

“I really didn’t know what to expect, so we went for it and Seed Hatchery was the best thing we’ve done for our company” Tom told us in an interview.

During the accelerator the coopers went through a name change, a huge pivot and even worked hand in hand with MBA students for discovery, and to help refine their product.

Boosterville combines digital wallet with loyalty and rewards and all for the benefit of schools and non profits. Using Dwolla, another midwest startup, as their mobile wallet conduit, users sign up for a school they want to donate to. From there they can see a list of merchants in their community that use the Boosterville platform. When they make a purchase at one of the establishments in the program, they check out using their phone, the merchant gets paid, the school gets a donation and Boosterville takes a small cut.

“Putting children who are now grown, through school I’ve seen my share of wrapping paper and World’s Finest Chocolate Bars”, Pam loves to tell anyone who will listen. Of course we all agree.

The company is a great mesh of Pam’s community minded nature and business savvy, with Tom’s over three decades of programming experience.

What’s next for Boosterville, well while Tom has an open invitation to return full time to his engineering job in Indiana, they are going to continue to raise money and bring Boosterville to live.

Check out their investor day pitch video below:


 

Find out more about Boosterville here at boosterville.com

We’ve got more Seed Hatchery coverage here. 

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Techstars Opens In Austin, Mashing The Best Of Texas’ Startup World

Techstars,Techstars Austin, CapitalFactory, StartupsSome may be surprised to find out that Techstars has no “official” presence in Austin. What??? That’s right, even though they throw one of the best parties at SXSW and you can find most of the Techstars team roaming about during the festival they’ve had no real presence.

Until now.

Techstars announced via their blog that they are going to take up residency in the already epically awesome Capital Factory (home to DreamIt Austin as well), and begin an official Techstars cohort in August.

That’s not all though. They are bringing over TechStars Cloud Director, Jason Seats, from San Antonio to run the program. Seats sold his company Slicehost to Rackspace and has since been involved with Techstars. He’s also part of the StartupGrind program.  Having a Techstars class in an environment like Capital Factory gives the young startups a huge advantage. Austinpreneurs are always hanging out at Capital Factory, in addition to the huge mentor network Techstars already has to offer.

David Cohen announced the new Techstars program this morning and also opened up the application process.

“Forbes and Bloomberg have been calling Austin the No. 1Boomtown and the best place for your startup for years now, and Google recently chose it as the second city to receive the fastest Internet on the planet. TechStars exists to put the best mentors and the best entrepreneurs together in the best startup communities so Austin is a natural next stop for us. We will run our first program starting this August and applications are open as of today!” Cohen said in the blog post.

Here’s the application for Techstars Austin

Speaking of Austin here’s over 40 startup stories from SXSW 2013.

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Is Google Play Music All Access The Spotify Killer?

Google, Google Music All Aceess, Music Streaming, SpotifyGoogle just announced a new streaming music service that will allow Google Play users immediate access to millions of tracks streaming. Google is positioning Google Play Music All Access as a music service first, powered by Google technology.

This of course means that Google will use their algorithms and your preferences to deliver recommendations. The user can take suggestions, build suggestions based on what they are listening to, randomize or search. Once Google Play Music All Access finds the tracks the user wants they can immediately start streaming it.

Next, Google Play Music All Access will allow users to turn any track they’re listening to into a radio station that streams the artist’s other music or like artists.

Users can also discover and add tracks to their own list.

A service called Listen Now brings the power of Google to serve up music that you want to listen to now with minimum effort. It will show radio stations that All Access has created automatically based on a users preferences.

These features are all on the mobile device but of course Google Play Music All Access is available with the same feature sets on mobile, tablet and laptop. “Radio without rules” is how they describe the service and it can be as automated or manual as the user would like.

Pricing: $9.99 per month in the U.S. and everyone gets a free trial. It’s launching today in the U.S. and rolling out to other countries soon. If you start a trial by June 30th you’re locked into a $7.99 rate.

Move over Spotify?

 

Mark Cuban Crowdsources Next Maverick’s Uniform

Mark Cuban, Dallas Mavericks, Crowd Sourcing,startups,Shark TankEver since our co-founder and CEO Nick Tippmann got Mark Cuban to come to his Shark Tank Season 3 Premiere party in Indianapolis, we’ve covered Cuban and his investments in startups. Cuban’s personal blog, blogmaverick, describes the billionaire investor, Shark Tank Shark and owner of the Dallas Mavericks, to a “T’. Not because he’s the owner of the NBA team with the same name, but because he’s a maverick himself.

Cuban isn’t one to do things the “normal” way. After a dismal season this year, Cuban has decided that maybe the Mavs need a change in uniform. He wants to implement the change in the 2015-2016 season.

On his blog, Cuban announces to the world and the Maverick’s fan base that this change is coming. More importantly though, Cuban isn’t hiring some big shot consultant or spending millions of dollars to come up with 10 mediocre designs. He’s crowdsourcing. He wants fans of his beloved Maverick’s to design the teams next uniform.

sneakersNow he wants the uniforms to fit the NBA uniform format. He also wants to keep the logo intact and try not to stray far away from the current color scheme. Of course he’s looking for creativity stemming from the great people that love his team.

He’s quick to point out that any design submitted immediately becomes the property of the Dallas Mavericks and if you don’t want to adhere to that you need not submit.

“Who will own your design ? The minute you post it, the Mavs will.  If you think its horrible that the Mavs own your design. Do not post. If you think its cool that the Mavs could possibly use your design and you will have eternal bragging rights , then post away.” Cuban writes.

If Cuban feels up to it he may throw in some tickets for the designer. There’s no promise of anything except bragging rights, and he may not select any fan design at all. “That is life in the big city. Move on.” Cuban adds.

The contest is open until the end of May, click on over to Blogmaverick for more.

Check out more of our Mark Cuban coverage here at nibletz.com

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Milan Startup Styloola Helps People Share Their Passion About Fashion

Styloola,Milan startup,TechCrunch DisruptImagine you’re a fashionista or a somewhat high profile fashion blogger and you have say 100,000 twitter followers and a very popular blog. Well how would that boutique store you just walked into know you’re there? That’s just one of the problems the founders of Milan based startup Styloola hope to fix.

Their social platform allows fashionistas and those who just love good fashion, to sync up over the things they love.

It’s like Pinterest for fashion, on crack with a purpose. You can upload your favorite fashions, pin fashions from others and even curate your own collection. Styloola can then share your collections with designers and boutiques to make owning your favorite fashions a reality.

Styloola also has a checkin twist that allows users to check in to their favorite fashions and stores.

There one of a handful of startups that we saw at TechCrunch Disrupt NY 2013 that actually understand how to effectively bridge online and offline commerce. 3 Other Things also has a great social approach to drive traffic to brick and mortar stores.

The company received an angel round of funding last fall and officially launched the next phase of Styloola at TechCrunch Disrupt two weeks ago. Check out our video interview below and for more info visit Styloola.com

Over 50 more startup stories from TechCrunch Disrupt NY 2013 can be found here at nibletz.com

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Shark Tank’s Daymond John Invests Time & Money In Chicago Startup Resultly

Resutly,Chicago startup,Daymond John,Shark TankIt’s gotta be exciting for Resultly founder Ilya Beyrak who just two months ago penned a blog post on the companies blog about what “I’m Out” means on the hit reality series Shark Tank. Now, Beyrak and the team at Resultly are celebrating bringing Fubu Founder and Shark Tank Shark, Daymond John on board as an investor.

More importantly though, John is excited about the product and part of his investment is a partnership where he will help the team grow their product that allows people to search for something and then get updated on it.

“Kim Kardashian sent a tweet last year stating how she keeps checking eBay for a pair of shoes everyday that’s sold out,” Beyrak said, . “If even Kim can’t find a pair of shoes and keeps repeatedly checking online, imagine how many others suffer the same fate,”

Resultly provides users with a mobile app to stay on top of all their interests. Tapping into the web’s largest ecommerce, travel, news, and social sites lets Resultly bring users items exactly matching their interest the second they hit the web. Resultly aims to eliminate the need for users to continue checking the Internet for updates on the things they care most about.

“When I first tried Resultly, I was blown away by the product in the first couple seconds of playing with it. It easily solves one of the biggest problems with search in a way that all of the big competitors aren’t addressing,” said John. “It was hard not to get excited about the product and additional value that I could bring.” Resultly realized there was a real world problem of users repeating search behavior online to get the freshest content: the need for constantly checking if something has been added or updated online. Thru its service, once a specific interest is added to a users’ account, Resultly stays on the lookout for things matching that interest automatically. Users then receive detailed alerts to their mobile device with the key information around those items. Products receive key information like images, price, color, and condition, while Job alerts show salary, location, and position.

John invested in Resultly throgh his “shark branding” investment arm. Sharkbranding scours the country to find interesting startups and companies that would compliment John’s current portfolio of companies or that would make great partners. We met SharkBranding’s, Jared Nixon, at the GigTank Investor Day in Chattanooga Tennessee last August.

Shark Tank’s Mark Cuban leads $1 million dollar round for Florida startup.

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