Just Say No to Surveillance: The Day We Fight Back

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Two years ago the largest Internet protest in history shut down upcoming regulations SOPA/PIPA. When 115,000 websites blacked out their pages, legislators took notice and removed support for the bills that would have vastly limited a free and open Internet.

Thanks to last year’s NSA revelations, people all over the world are realizing an even more imminent threat: surveillance.

It doesn’t take much digging to find evidence of current and potential government spying in our digital world. Just check the front page of Techmeme most days. Our webcams are compromised. Our computer’s microphones are hacked. And let’s not even get started on our phones.

But what can ya do? Silicon Valley has provided the technology. The government is more than willing to use it to their benefit. How can people really fight this?

“Since the first revelations last summer, hundreds of thousands of Internet users have come together online and offline to protest the NSA’s unconstitutional surveillance programs.” Josh Levy of Free Press said in a statement. “These programs attack our basic rights to connect and communicate in private, and strike at the foundations of democracy itself. Only a broad movement of activists, organizations and companies can convince Washington to restore these rights.”

Today, several Internet companies are attempting to do just that, including Nibletz.  We join with others in our industry in urging you to contact your legislators and ask them to support the USA FREEDOM ACT.

It’s not just online, though. There are live events all over the world protesting the NSA policy of mass surveillance.

The Day We Fight Back is being held partially in honor of Aaron Swartz, the cofounder of Reddit who took his own life last January. Swartz was a driving force behind the SOPA/PIPA protests, and many of the organizers are calling on his memory to remind people of the importance of fighting surveillance.

“Today the greatest threat to a free Internet, and broader free society, is the National Security Agency’s mass spying regime. If Aaron were alive he’d be on the front lines, fighting back against these practices that undermine our ability to engage with each other as genuinely free human beings,” said Aaron’s Demand Progess cofounder David Segal.

Many people defend the NSA surveillance program by saying that it is protecting Americans from more acts of terrorism. But how much freedom are willing to give up in order to remain safe?

Benjamin Franklin famously said, “They who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.”

Today is The Day We Fight Back.

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42 European Investors You Really Need to Know

EEHeadline Map of New Europe

Last month we posted 32 Most Influential Investors of 2013 (Outside Silicon Valley). And you loved it! It was easily one of the most popular posts of the month.

But, within hours of publication, we started getting the question: What about Europe?

It was a hand to forehead moment for us. OF COURSE we should’ve included investors from Europe (and other parts of the globe, too). We’re the voice of startups everywhere else, after all. Not “the voice of startups only in America.”

Doh.

Needless to say, we set about to right our wrong. Below is our list of top European investors, and man is it a doozy! I hope we’ve more than atoned for our sins here, y’all.

What about India, you ask? Or Asia? Or Australia? If you have a suggestion for a must-include investor from one of those regions, shoot us an email (startups@nibletz.com), and we’ll get right to work on our next list.

But, for now:

42 Top European Investors

  1. Alexander von Frankenberg–High-Tech Grunderfonds, Managing Partner, Germany
  2. Andrin Bachman–Piton Capital, Partner, England
  3. Anne Glover–Amadeus Capital, CEO/Cofounder, England
  4. Christian Leybold @leybolde.ventures, General Partner, Germany
  5. David Mott @davidmottOxford Capital, Partner/Cofounder, England
  6. Dimitry Chikhachev @dchikachevRuna Capital, Cofounder/Managing Partner, Russia
  7. Eileen Burbridge @eileentsoPassion Capital, Partner, England
  8. Eric Archambeau–Wellington Partners, General Partner, England, Notable Investment: Hailo
  9. Gianluca Dettori @dgiluzdPixel, Chairman, Italy
  10. Hendrik Brandis–Early Bird, Partner/Cofounder Germany, Notable Investment: RapidMiner
  11. Jari Mieskonen–Conor Venture Partners, Managing Partner, Sweden
  12. Jeremie Berrebi @jberrebiKima Ventures, Cofounder, France/Israel, Notable Investment: Rapportive
  13. Jimmy Fussing Nielsen–Sunstone Capital, Managing Partner, Denmark, Notable Investment: Prezi
  14. John Waddell–Archangels, CEO, Scotland
  15. Julie Meyer @juliemariemeyerAriadne Capital, Chairman/CEO, England, Notable Investments: Monitise, Quill, Matternet
  16. Kevin Comolli @kevincomolliAccel Capital, Partner, England, Notable Investments: Atlassian, Etsy, Supercell
  17. Klaus Hommel–Angel investor, Notable Investments: Spotify, Facebook, Fab.com, Airbnb, Skype
  18. Kolja Hebenstreit @koljaTeam Europe Ventures, Cofounder/Managing Partner, Germany
  19. Marc Simoncini @marcsimonciniJaina Capital, CEO/Founder, France
  20. Mark Farmer–Eden Ventures, Partner/Cofounder, England, Notable Investment: Zemanta
  21. Mark Tluszcz @marktluszczMangrove Capital Partners, CEO/Founder, Luxemburg, Notable Investments: Skype, Wix
  22. Neil Rimer @narimerIndex Ventures, Partner/Cofounder, Switzerland, Notable Investments: Last.fm, Supercell
  23. Nenand Marovac–DN Capital, Founder/CEO/Managing Partner, England, Notable Investments: Shazam
  24. Niklas Zennstrom–Atomico, CEO/Founding Partner, England, Cofounder Skype, Notable Investments: Skype, Fab, and Jawbone
  25. Norman Fiore–Dawn Capital, Managing Partner, England
  26. Ondrej Bartos @obartosCredo Ventures, Partner, Czech Republic
  27. Paul Heydon @pheydonLondon Venture Partners, General Partner, England, Notable Investments: Supercell
  28. Pawel Chudzinski @chawelPoint Nine Capital, Cofounder/Managing Partner, Germany
  29. Philippe Collombel @pcollombelPartech Ventures, Co-Managing Partner, France, Notable Investments: Scoop.it
  30. Rob Kniaz @robkHoxton Ventures, Founding Partner, England
  31. Robert Bonanzinga @bonanzingaBalderton Capital, Partner, England, Notable Investment: Sketchfab
  32. Rodrigo Sepulveda @rodrig0–angel, France
  33. Roman Huber–Bayern Kapital, Managing Partner, Bavaria
  34. Sean Seton-Rogers @setonrogPROfounders Capital, England, Notable Investments: TweetDeck
  35. Sherry Coutou @scoutou–angel, England
  36. Sitar Teli @sitarConnect Ventures, Managing Partner, England
  37. Stephen Chandler @sc_chandlerNotion Capital, Managing Partner, England
  38. Sven Achter–Holtzbrinck Ventures, General Partner, Germany
  39. Tellef Thorleifsson–Northzone Ventures, Cofounder, Norway, Notable Investment: Spotify
  40. Timo Ahopelto @timomjLifeline Ventures, Finland
  41. Ulla Brockenhuus-Schack–Seed Capital, Managing Partner, Denmark
  42. Yaron Valler @yvallerHasso Plattner Ventures, Managing Partner, Germany

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4 New Speakers Announced for #EETN

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We’re counting down the days (and watching the tickets go!) for Everywhere Else Tennessee. We’re planning some awesome parties, a few amazing panels, and I have mentioned how spectacular the venue is? Seriously, y’all, old wood, open spaces in downtown Memphis. It’s so beautiful I’m hoping they let me live there.

In the meantime, we have a few more speakers to announce. We’re so excited about these guys and what they’ll bring to the #EETN attendees. Angel investors, developers, and entrepreneurs, they all have unique insights and advice for founders everywhere else. Check ’em out:

benyoskovitzBen Yoskovitz is the author of the popular Instigator Blog. He’s also a founding partner at Year One Labs, VP of Product at GoInstant, and co-author of the book Lean Analytics. He sold his first company Standout Jobs in 2010.

 

 

 

jaredsteffesJared Steffes is a lifetime entrepreneur living in Chicago. His current startup, Furywing, is creating electronic gambling entertainment for people who grew up with video games. (No more slot machines!) Jared’s talk at Everywhere Else Cincinnati was so loved, we knew we had to bring him back. And, we hear he has a few surprises up his sleeve…

 

 

 

nickhollandNicholas Holland is the CEO of Populr.me, a recent 500 Startups graduate. Before Populr.me he founded CentreSource Interactive Agency in Nashville, TN, and has spent most of his life in the Nashville area. Besides building companies, he’s passionate about building the Nashville ecosystem. I wonder what words he picked up from Dave McClure during 500 Startups.

 

 

 

kutyshalevKuty Shalev has spent the last twelve years as CEO & Founder of Clevertech. Headquartered in NYC with a global team, Clevertech is a lean startup design and development organization that works with entrepreneurs and enterprises to help launch minimum viable products (MVP) in 30-90 days. Client projects have been featured in the New York Times, VentureBeat, Bloomberg News, Mashable and many other media outlets.

 

 

 

We’re just getting started, y’all. We’ll have more speaker announcements coming soon. Buy your tickets before they sell out!

If you’re a startup that has raised less than $2 million, apply to win a booth at our Startup Avenue. Selected startups will also get 2 free tickets to the conference. The best companies will get a chance to pitch our investor panel and win the title of Heavyweight Champion of Everywhere Else.

And, we still have a few sponsorship opportunities available. Get in touch and let us help you be involved in the everywhere else movement.

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25 Must Read Blogs for Entrepreneurs

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Here are Nibletz, where it’s our job to know what’s going on, we spend a lot of time reading. A lot.

We hit all the normal spots, just like you do. Fred Wilson, Brad Feld, and the Andreesen Horowitz crew are all in our feed readers. But, we’ve also found some fantastic VC and founder blogs that don’t get shared quite as often or have growing audiences. These are smart people who have won and lost in the startup game and have lots of wisdom to share with the rest of us.

In compiling this list, we included blogs that update regularly and that have a unique perspective or a wide range of experience. We didn’t include company blogs or VC firm blogs, though they can also be great sources of startup knowledge.

So, what do you think? Do you have these 25 blogs in your feed reader?

01 (330)

Investor Blogs

  1. Above the Crowd–Bill Gurley has been a GP at Benchmark for more than 10 years. He’s been a design engineer, a Wall Street analyst, and a VC. So, he’s seen a lot. His most recent post On Bubbles is a must read for anyone trying to understand the current climate.
  2. Instigator Blog–Ben Yoskovitz is a serial entrepreneur and angel investor. His recent post Startup Founders: Why Do You Care About What You’re Doing? should be a wake up call to entrepreneurs struggling with the daily grind.
  3. Passionate Intensity–Kirill Sheynkman has founded 3 companies and been a partner at 2 venture firms. His recent Be a Deckless Wonder flies in the face of all we hold dear about pitching investors. “This year, I will not let companies show their coveted pitch deck at our first meeting.  We will talk, like humans..”
  4. Rob Go–All of the blogs at NextView Ventures are worth plopping into your feed. Rob’s recent post on Seed Round Dynamics sheds light on the process of raising a small seed round. (Ok, obviously. But, it’s a great read.)
  5. Progress Report–The blog of the Collaborative Fund shares the collective wisdom of all the managing partners. Only Good News is…Bad News reminds founders and investors to share the whole truth with shareholders.
  6. Uncrunched–Techcrunch founder Michael Arrington is never shy, and he’s been around long enough to call it like it is. This old post Startups Are Hard. So Work More, Cry Less, and Quit All the Whining will kick your butt.
  7. This is Going to Be Big–Charlie O’Donnell is a partner at Brooklyn Bridge Ventures, with previous experience at First Round Capital. He recently wrote an awesome post on The Rules of Inclusion.
  8. Continuations–Union Square Ventures partner Albert Wenger has plenty of experience in the VC world. He and his wife, startup founder Susan Danzinger, also homeschool their 3 kids. His talk on The Big Questions About the Future is worth watching.
  9. Adventures in Capitalism–Like a lot of these, Chris Yeh could fit into an investor or founder category. Many years in the startup world has taught him a lot. Don’t Stay Hungry is so common sensical, and yet many lifetime founders forget the lesson.
  10. BZNotes–Bilal Zuberi has some serious academic chops, with a Ph.D in Physical Chemistry. He’s currently a partner at Lux Capital. His post Capital intensity and cost of capital for “big idea” startups shines a great light on what it takes to build the new technologies.
  11. Hunter Walk–Former Googler Hunter Walk just finished his first year as the partner of Homebrew. “Never Heard of It,Must Not Be Big” Has Never Been More Wrong is a great testimony to how fast things move these days.
  12. Dave Lerner–Dave is an entrepreneur and angel investor. His current project Startup Genome is mapping the startup world. This post on venture capital disruption forecasts changes in the VC indstury.
  13. Haywire–Semil Shah is another entrepreneur/investor combo. Like the rest of us, he’s wondering what’ll happen with Facebook’s new app Paper. He talks about it in Unpacking Facebook’s Mobile Strategy.
  14. Life in Beta–Being a venture capitalist and a marketing/economics nerd, Adam D’Augelli has a great background to manage the blog lifeinbeta.org.  Here you can read about what the market will look like in 2014 or you can see what races Adam will be participating in. Go checkout his Themes to Watch in 2014.
  15. Tomasz Tunguz–While he’s not looking for the newest company to invest in at Redpoint Ventures, Tunguz’ blog covers everything from startup management, SaaS, and content marketing.  You can check out his most recent post here: Do Larger Seed Rounds Lead to Bigger Series As?

Startup life 2010 08

Founder Blogs

  1. Ma.tt–Matt Mullenwag’s resume isn’t that impressive really. He’s just the founder of Automattic, the company behind WordPress, Gravatar, Akismet, and others. His post The Four Freedoms is an awesome defense for free (as in speech) software.
  2. Only Once–Matt Blumberg is the founder of Return Path and the author of Startup CEO. His blog title comes from an old Fred Wilson post about only being a first time CEO once. Check out his post on sabbaticals for a healthy look at work/life balance.
  3. Justin Jackson–Justin is a product manager and host of the Product People podcast. His post on This is Real Life will remind you that everyone–yes, everyone–has real stuff going on behind that avatar.
  4. Ryan Hoover–Ryan is the guy behind the newest craze, Product Hunt. His post Nostalgia: A Product Designer’s Secret Weapon is brilliant.
  5. Alex’s Tech Thoughts–Alex Taub recently started adtech company Modern Mast, but he has lots of experience in the startup world working at companies like Dwolla and Aviary. The Worst Thing You Can Do as a Founder is so true it hurts a little.
  6. Ben Milne–Ben is the founder of Dwolla, in case you’ve been under a rock. The recent 2013. Hard Lessons Learned post will have you nodding and sighing a little.
  7. Making New Mistakes–Adii Pienaar is the founder and ex-CEO of WooThemes and the currently paused PublicBeta. He has so many good posts, but Startups are Getting Easier. Entrepreneurship Isn’t is a must read.
  8. Matt Mireles–Matt Mireles is the CEO/Founder of Buttr a peer to peer grocery shopping service and has experience in cofounding SpeakerText and Humanoid which were both acquired by Cloud Factory. His story about negotiations will have you shaking your head in disbelief.
  9. The Startup Toolkit–Rob Fitzpatrick proudly states that he has been bankrupt twice in his quest to build a startup.  He resides in Barcelona where he helps European accelerators design better startup education programs.  He admonishes the startup world to Ignore posterity; build features.
  10. Marc Barros–Marc is an entrepreneur and creator. His post from last November When I Got Fired From My Own Company is a wake up call to all entrepreneurs.

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How Brandfolder Makes Your Marketing Life Easier

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One of the most frustrating things about writing tech stories and planning national conferences is that we often need simple assets from companies (think logos, headshots, etc), but it can take an eternity to get them. Emails back and forth, which everyone hates, and we’re still usually down to the wire.

Brandfolder is a recent Techstars Boulder graduate that’s going to fix that for me. While it’s actually aimed at marketing and PR professionals, the ultimate goal is to provide a one-stop place for companies to upload these assets and open them to whomever needs them.

The guys at Brandfolder are already looking at some great traction, and anything that cuts down on email is a win in my book.

Check out our Q&A with Brandfolder CEO Brian Parks below. (And yes, I got the logo above from the company’s Brandfolder.)

What is your startup called?

Brandfolder

What’s the story behind your idea?

It’s pretty simple – I spent several years doing investment banking and business development, and I constantly needed other companies’ information in order to represent them to the market (be it in an M&A pitch deck or on an online travel website). I always found myself waiting for pretty low-level stuff that every company had (logos, headshots, product images, copy), and it slowed down my ability to do deals. I would get this content in a multitude of ways (and often had to hound people for it) and then it was on me to dig through it, organize it and pull what I needed. It was very annoying and extremely inefficient.

So, I set out to create a standard for organizing and sharing this type of content, which happens to be branding and marketing assets. It’s really the marketers and designers within companies who control this content, so we’ve built a tool for them firstly. Ultimately, to scratch my own itch, I want to make this content accessible and on-demand for the most part (of course, some stuff must remain private) in a standardized fashion across companies (on one website – Brandfolder.com), so people who need it are empowered to grab it and move on. The two big things to me are accessibility and accuracy and fostering a new paradigm of control for brands around this content. Control is not having your content buried and under lock and key; control is serving up the content people need in a frictionless manner.

Who are the founders, and what are their backgrounds?

I’ll start off by saying we met at a Startup Weekend event, which I think is pretty awesome. I was dipping my toes further into the startup ecosystem, and Paul was new to Denver just looking to hack and meet folks.

  • Brian Parks, Co-founder & CEO

Before getting into startups, my background was in finance. I worked as an M&A investment banker for five years before moving into startups. I joined an online travel startup in the “basement stage” as employee #1. After 18 months of running operations and business development, I decided to strike off on my own. I moved to San Francisco for a summer to learn how to code, came back and worked as a developer for a bit and then started Brandfolder. And here, I am today. What else can I tell ya?

  • Paul Arterburn, Co-founder & Head of Product

Paul built the first website his hometown of Imperial, Nebraska had ever seen (at least that’s how he tells it…). He was the tech dude in town. He went off to college where he studied finance/entrepreneurship along with some computer science. He spent the next 5 years working for a fortune 500 retail company as an analyst, where he basically automated his job, went remote and started doing more development work for clients through his consulting company. Paul’s been involved with Branfolder since pretty much day one and runs our product development.

What problem do you solve?

The general disorganization and inaccessibility of branding and marketing materials across companies. This content is called upon more than anything else within and across organizations (by internal and external parties); yet, it lacks a dedicated home built specifically for it. We’re a time saver for marketers and designers and the people they support (sales, partners, press).

Why now?

2 reasons:

1) Proliferation of cloud storage – We love cloud storage, but we feel this problem is only exacerbated by how damn easy it is to throw stuff into Dropbox/Drive. “oh, I can put everything here, and I never have to delete anything! I’ll call this one logo_highres_used for marketing deck 7_final_v4.jpg”). Dropbox is really built for having my stuff everywhere, which it does a phenomenal job at. It’s not built for having everyone else’s stuff in one place, which is what we’re here for. 80% of our users also use Dropbox, as do we, of course, but they also realize it’s not the right tool for every job.

2) Demand for content – More and more visual marketing content is being created and deployed to more presences, and it’s tough to keep up with and keep everyone on the same page. This content is in high demand, so we’re here to put it on demand (first by one link and eventually by more interesting delivery).

What was it like going through Techstars Boulder? What was most surprising about that experience?

An honor. A whirlwind. A great time. A lot of pitch practicing.

Biggest surprise: Just how generous and engaged the mentors and network at large are. That is the #1 lasting benefit of the program. I’m looking for a VP of Sales right now and have a 30+ year enterprise sales guy (mentor I met briefly over the summer) helping me out. All I had to do was ask. That’s just awesome.

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

Thousands of brands using Brandfolder

What are your next milestones?

Thousands more brands using Brandfolder

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

www.brandfolder.com/brandfolder

 There’s also a great discussion on Brandfolder here.EETNBannerAd1

Handpressions Pulls a Beyonce, Debuts Next Hot Parents App

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parents apps

I don’t ever do app reviews.

For one thing, I’m on Android, so all too often I can’t download the newest app in the first place. (This is changing rapidly, though.)

I also don’t review apps because that’s what the App Store reviews are for and because what matters to me may not matter to you.

I say all this to point out that the fact that I’m basically writing an app review shows how awesome this app is.

When Carla Valdes whispered to me about her upcoming app at Everywhere Else Cincinnati, it sounded pretty cool. The app would take a picture of your child’s hand and create a handprint from it. Then you could plug the handprint into a template and create artwork with it: prints, bags, t-shirts. Grandparents love that kind of stuff.

When Handpressions launched last week, though, I realized that I loved the app more than I thought I would.

I’m not really the crafty kind of mom (and any illusions of grandeur in that area ended when I became a founder), but the Handpressions app is actually perfect for me. I just plop my kids down, beg them to be still for 2 seconds, and snap a picture of their hand. Personally, at the moment, I skip all the artwork part, but I have a handprint–measured and stored–that perfectly records those little hands right now.

how to capture handprints

When I spoke with Carla on the phone, she was excited about the future of Handpressions, which she sees evolving into a memory collection platform. Gone will be the days of scouring through 95 pictures of the beach, hoping to get just the right one to plug into the scrapbook software. Right along with Handpressions’ hand and foot prints, you can record pictures, tag them with the date, and be done.

“It will be so much easier for parents to collect those memories,” she told me. And for those of you who are crazy enough to be starting up and raising kids (like me!), this ease of use will change your life.

So, does all this tie into Beyonce, you ask?

If you’ll remember, recently the pop star released an album overnight on iTunes, no marketing, no fanfare. Just boom, new Beyonce album. While plenty of startups operate in stealth for awhile, Carla’s closest colleagues were impressed with her ability to keep things quiet while she oversaw the app’s development.

“Carla mentioned that she was working on a project last spring. I had no inclination as to what it might be but knowing Carla, it was going to be good,” Washington DC consultant Ijeoma Nwatu told me. “Handpressions has been in the works for quite some time and it is now available to the public. Carla, similar to Beyonce, did not drum up initial press or hype her own project she just delivered, allowing her work and diligence to speak for itself. ”

And, like every visionary, when I talked to Carla after the release, she was already focused on the next step.

“We’re going to release more templates, login in with Facebook, sharing on social media so people can share their artwork…”

If you’re a parent, check out Handpressions and let Carla and the team know what you think.

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10 Kick Ass Quotes from @DaveMcClure

EEHeadline Dave McClure in Paris

Dave McClure has become notorious for speaking his mind in very–ahem–colorful ways. From his blog and Twitter accounts to his pitch sessions with 500 Startups companies, McClure doesn’t hold back.

“He will go through and tear up people’s accents, and these things feel sometimes politically incorrect, but they are not,” Populr.me CEO Nicholas Holland told The NibzNotes7Tennessean. “He is speaking the truth. He makes fun of my Southern accent. He called me a hillbilly on day one. First, you’re thinking, I can’t believe he is saying this, but he is basically saying what everyone is thinking.”

Tough love aside, Dave McClure is also one of the most passionate startup advocates out there, championing women, minorities, and startups from all over the world. Here at Nibletz, we’ve learned a thing or two from him, including how to handle a PR snafu.

Here are some of our favorite Dave McClure-isms:

“Find investors who have a clue about the products & services they invest in, who use the products & maybe even write/speak about them”–Startups & VCs: Learn How to Design, Market, and Eat Your Own Consumer Internet Dogfood

Tweet this

“being an entrepreneur is a friggin’ FEAR FACTORY, and a living nightmare every day of the week.”–Fear is the Mind Killer of the Silicon Valley Entrepreneur

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“Here’s the secret: PITCH THE PROBLEM, NOT THE SOLUTION.”–Your SOLUTION is Not My PROBLEM

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“There is no better time than the present to build cheap & scalable software-based businesses that make money.”–What Hasn’t Changed: The Internet Keeps Getting Bigger

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“DON’T do a startup…you will fail!”–Why NOT to do a startup, because you will fail loser.

Tweet this

“Crap. any minute now these fuckers are going to realize I can’t keep this up very long and then I won’t be a Golden God anymore.” —Fear of Flying

Tweet this

“A ‘startup’ is a company that is confused about: What its product is. Who its customers are. How to make money.” On Quora

Tweet this

“I figured maybe I had some talent as an investor… since it seemed like I was only a half-assed entrepreneur.”–late bloomer, not a loser (I hope)

Tweet this

“We’re happy to discover we have a few black swans, but our MISSION is to groom ugly ducklings.”–Screw the Black Swans: Ichiro is our role model not Barry Bonds

Tweet this

And that tweet he probably wishes we’d forget:

“HAY MISS THANG: female founders, u apply to #w2pitch yet? Only 6 days left.” Poor Dave…

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Start Co Announces Funding for 2013 Seed Hatchery Cohort

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MemphisOne of the biggest success indicators for accelerators is follow-on funding for its graduates. If a company can lure in more investment, the accelerator can consider its job of training, mentoring, and–well–accelerating the startups done.

Yesterday Memphis-based Start Co announced follow-on funding for half of its 2013 Seed Hatchery cohort. The 3 companies received a combined $700k from the Start Co Angels.

“This is a significant milestone for startups in the Memphis community, and we’re proud of the graduates and our role in building out an angel fund and network in Memphis, something the community has not seen in nearly a decade,” Start Co’s founder and CEO Eric Mathews said. “We see these funding rounds as a tipping point for our current programs, where later stage investment will be less of an exception and more of an opportunity for the teams that move through our programs and utilize our resources.”

Start Co as an organization is overseeing much of the growth and development of the Memphis startup community. From office hours to mentorship to a free coworking space, they offer entrepreneurs a full range of tools to grow from idea to company.

Of the three companies who received funding, 2 of them (MentorMe and Screwpulp) got their starts at a Start Co 48 Hour Launch event, where they presented their ideas and spent the weekend building them out.

Ebook publishing and purchasing platform Screwpulp received $330k to continue to build out their service.

Musistic overcomes the limitations artists have when trying to collaborate from a distance. Their $200k investments validates the pivot the team made during the accelerator.

MentorMe is an online platform that matches mentors and mentees. Brit Fitzpatrick pitched the idea on a whim at the first Women’s 48 Hour Launch in October 2012. When she was accepted to the Seed Hatchery in January, she quit her job and never looked back.

“Right now we’re in beta with select partner organizations,” Fitzpatrick told me. “By March we’ll have at least 8 customers using our platform. The funding will allow us to complete our betas and continue to develop our product so that we can scale nationally this year in the youth and higher education mentorship spaces.”

Start Co is currently accepting applications to its 3 accelerator programs which will start later this spring.

You know what else is in Memphis this spring? Yup! We’re excited, too!

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When the Sharks Miss a Shark Tank Success Story

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eyebloc shark tank

Online privacy has been a buzzy topic since–oh, June or so. Amid revelations that all of our favorite tech companies have knowingly or unknowingly handed over mounds of our personal information to a government some of us trusted, everyone’s still trying to figure out how to move forward in our uber-connected reality.

It seems like insult to injury to realize that those ubiquitous webcams are powerful spying tools in their own right. Schools are spying on kids. Beauty queens are being blackmailed. And, it turns our, Macs aren’t immune.

With these realities in mind, CJ Isakow created Eyebloc, a small clip that slips over your webcam to protect you from unwanted eyes. (Which is probably more convenient than my thumb, which is what I’ve been trying to use since I watched CJ pitch on Shark Tank.)

Why not just use tape or Post-its? CJ has a good explanation for that:

At first I looked at duct tape and Post It Notes for inspiration, but I didn’t like how it left gunk on my computer. Some people are happy with tape or stickers, but I actually like to use my webcam – and a sticky cover makes using it a pain. I also ordered some of the products in the market but they all had adhesives. The ones that claimed to leave no mark also didn’t protect me the way I wanted. Then I bought a bunch of chip clips, thinking I could clip over my laptop. But that (predictably) didn’t really work

With a simple prototype and not too many sales, CJ pitched his product on Shark Tank a few weeks ago. Despite a great pitch, none of the Sharks were impressed. Perhaps the biggest blow came from Robert Herjavec, an expert in cybercrime.

“There’s definitely a market to protect kids,” he said. “I don’t think this is it.”

Well, even experts are wrong sometimes.

The response to Eyebloc late last year and especially after the episode aired convinced CJ that his instincts were good. Maybe the Sharks didn’t see the need–or think he had the solution–but the public sure seemed to.

With growing sales, CJ put Eyebloc on Indiegogo, and he’s reached 1/3 of his goal with 10 days left. He’s taking some of the Sharks’ suggestions to make his product cheaper and sleeker. If they double the goal, though, Eyebloc wants to begin development on protection for video game consoles like Xbox 360.

No one gets it right all the time, and there’s still plenty of time for CJ and Eyebloc to sink. But, at this point, it’s looking like the Sharks may have missed a huge Shark Tank success story.

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18 Surprising Facts About Entrepreneurship

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We all have a picture in our minds of an “entrepreneur.” In startup world, that picture usually involves pizza, Red Bull, and a hoodie.

We also have a picture of “success.” If you’re in software, chances are good you’re dreaming of an Instagram-level exit or the infamy of Uber. Most of us rarely dream in miniature, and even when we accept the reality that those experiences are few and far between, they’re still in the front of our minds.

The truth about entrepreneurship is a lot more well-rounded and complex than that. Read on to find out the most surprising truths about entrepreneurship and startups:

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Who Are You?

1. According to Kauffman, the number of women entrepreneurs grew in 2013.

2. 95% of entrepreneurs have a bachelor’s degree or higher, despite the recent PR for dropping out of college to startup.

3. And, they aren’t also-rans. 67% ranked their college performance in the top 30% of their undergraduate classes.

4. 70% of founders are married when they start up, and 60% have at least one child.

 Map of the world 280/365

Where Are You?

5. Colorado is the state to watch for tech companies. Colorado Springs, Denver, Boulder, Fort Collins-Loveland, and Cheyenne, Wyoming are all in Kauffman’s top 10 Metro Areas for startup densitylist, making the 170 mile stretch of I-25 one the most active areas in the country. (Silicon Valley was #3 on the list, behind Boulder and Fort Collins-Lovelace.)

6. The largest region for these companies is the Southeast, particularly Georgia, Florida, Kentucky, and Louisiana. (I told y’all it’s awesome down here!)

7. California’s share of America’s $100 million tech companies is declining. In the 1990s 35% of new, successful tech companies were in California, but today it’s only 20%.

Will You Fail?

8. Of all startups, information companies are most likely to fail, with only a 37% success rate after four years.

9. The industry with the highest success rate? Finance, insurance, and real estate. 58% of these businesses were still operating after 4 years.

10.   Premature scaling is the most likely reason you’ll fail. Don’t get ahead of yourself!

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Random Startup Facts

11. If you charge for your product, traditional marketing (instead of social media) may be the way to go.

12. Tech companies are popping up more rapidly than other small businesses.

13. For the last 20 years, the US has produced between 125-250 $100 million companies a year, despite economic changes.

14. It’s safer to start a business than stay in a job.

15. The average founder salary is less than $50,000/year.

16. Investors are clueless. (Sorry, guys.)

17. Balanced teams of 2 are the best combination. They raise 30% more money, have almost 3X the user growth, and are 19% less likely to scale prematurely.

18. Starting up is hard. Yeah, I know this isn’t “surprising,” but it’s the kind of thing you think you know until you do it. Then you REALLY understand that there are few things as difficult, challenging, and awesome as building a business from the ground up.

Sources:

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Just a Few #EETN Early Adopter Tix Left & First 4 Speakers Announced

Memphissky

The countdown is on! Have you gotten your tickets to Everywhere Else Tennessee yet? We only have about 12 early adopter tickets left, so don’t miss out on the best price we’ll offer.

Okay now. For our first round of speaker announcements!

scottgerberScott Gerber is the founder of the Young Entrepreneur Council, an invite-only organization comprised of the world’s most successful young entrepreneurs,  and author of the book Never Get a “Real” Job. He is also a serial entrepreneur, internationally syndicated columnist, and the host of Founders Forum on Inc.com. Scott has been featured in the New York Times, Wall Street Journal, Washington Post, Bloomberg, Fortune, TIME, CNN, MSNBC, CNBC, Reuters, Mashable, BBC, NPR, Forbes, The Daily Beast, CBS News, US News & World Report, Fox News, Inc. and Entrepreneur, and has been honored by NASDAQ and the White House. Follow him on Twitter at @scottgerber.

 

johnhall

John Hall is the co-founder and CEO of Influence & Co, where he helps companies position key individuals as industry influencers and thought leaders. Their clients range from startups to fast-growing companies on the Inc. 5000, as well as Fortune 500 brands. John writes a weekly column at Forbes and has contributed to sites like Business Insider, Inc., and The Washington Post, and many other reputable publications. He’s also the co-creator of Contributor Weekly, a weekly newsletter for contributors, keeping them up-to-date on tips and trends for writing, publishing, and sharing their content. He loves speaking and sharing my expertise on thought leadership, content marketing, and entrepreneurship.

 

Think Big Partners

Blake Miller, Partner of Think Big Partners, began his entrepreneurial path as an adolescent. At the age of 14, he had already developed his own web design company, creating web pages for friends and family with local small businesses. Miller attended the University of Kansas, where he studied Marketing and Entrepreneurship, furthering his startup education and fueling his ambitious ideas. Currently, Blake manages many of the technical initiatives at Think Big Partners and is the Managing Director of the Think Big Accelerator.

 

 

c.f98.Jake-StutzmanJake Stutzman is the owner and creative director at Elevate LLC in Omaha, Nebraska. Elevate focuses on helping clients create consistent design across the web. Jake has 14+ years of experience in design for both mobile and the web, working with large companies and startups alike.

Women 2.0: Or, Where to Find the #WomenInTech

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women 2.0

I have to admit, after this post, I feel a little like a hypocrite writing about the Women 2.0 conference. But, honestly, y’all–THIS is what access and mentorship for women really looks like.

Now, before I get into this, I don’t know the women over at Women 2.0, and I will not be able to attend the conference. This post is based 100% on me flipping through their website and being overwhelmingly impressed with the women they have involved and the things those women are doing at their day jobs.

Got it? Good.

The conference is being held in San Francisco, Feb 13-14. (Yup, Valentine’s Day.)

“Don’t look now, but tech is all grown up,” the website says. “The scrappy, young industry which began in hoodies and mom’s garage, is now re-engineering the American education system for the 21st century, commercializing manned spaceflight and hobnobbing with the President. These are big kid dreams, and they come with big challenges. Are you prepared for the era of BIG Tech?”

And, you know who’s engineering that tech, at least at the Women 2.0 conference? Women!

To be exact:

  • Gwynne Shotwell, President & COO, SpaceX
  • Sarah Friar, CFT & Operations Lead, Square
  • Daphne Koller, Cofounder, Coursera
  • Julia Hartz, Cofounder & President, Eventbrite

And many, many more.

There’s also a PITCH competition. (Oh, we’ve heard about the PITCH competition, right, Dave McClure?)

For the PITCH competition, female led startups from around the country applied to present at the conference. 10 were chosen and are being revealed slowly over at Women 2.0. During the conference, the 10 startups will pitch to the judges panel and, trying to win prizes.

They also have a mentor network packed with successful men and women on hand to help entrepreneurs.

The lineup for the Women 2.0 conference is impressive, no doubt. But I’m not trying to argue that it proves we have plenty of women in tech. Of course we don’t.

What’s great about this conference, though, is that the women behind it are actually bringing together successful women and aspiring female entrepreneurs. There’s no whining about how there aren’t enough women in tech. With this conference, Women 2.0 is attempting (and by the looks of it, doing a great job!) to actually change the momentum.

And, honestly, that’s what is great about being a woman in tech right now. Are all of the issues solved? No, of course not. But there are hundreds of  women AND men attempting to a part of the solution.

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Is Your Startup’s Founder Paying Themselves Too Much?

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Golden_Dollar_SignWe’re all familiar with some of the stereotypes of 20-something founders at mega-financed, VC backed startups. Too often parties, fast cars, and fancy restaurants come into the picture.

We all know that’s not really accurate, though. In fact, last week we talked about how a majority of founders pay themselves less than $50,000 a year. Especially in places like the Valley and New York, that doesn’t go very far.

Location isn’t the only factor that affects salary, though. What about age, experience, and family responsibilities?

Oh, yeah, and revenue. How exactly does the “R” word affect founder salaries?

It turns out, according to Compass, monthly revenue is the most important factor in determining a founder’s salary. Until a company breaks $10k a month, most founders are still in the less than $50k range. When monthly revenue tops $1 million, founders seem to be more willing to increase their salaries above $100k a year.

The correlation really seems pretty obvious. If founders are fighting for every monthly penny, they’re less likely to want to pay themselves higher salaries. Company growth comes first. However, there’s obviously a point at which the company can grow AND the founders can pay themselves a living wage. That’s what we like to call the sweet spot.

startup revenue

 

Revenue was a big factor in founder’s salaries, but it wasn’t the only one.

Older founders pay themselves 71% more than younger founders, even though that is still just slightly more than $60k a year. Hardly raking it in or anything.

While it’s unfair to make blanket statements, it’s probably fair to say that younger founders can generally live on less. They usually don’t have kids or mortgage payments, and for the youngest set are still on Mom and Dad’s insurance. On the flip side, founders over 50 are likely to have savings or other sources of income and can therefore afford to take a smaller salary.

founders salary

Both Compass studies come from self-reported data, so some of it is to be taken with a grain of salt. For example, they found that 78% of founders are under 40. That’s not really a full picture of startups, as Darmesh Shah points out.

Neither Compass study controlled for VC funding, either. It’s safe to say a series A company will be paying its founders more than a bootstrapped one will be.

What these studies do,though, is give us a baseline for founder salaries. That helps us have perspective on some of the rigors and sacrifices starting a company requires.

It also reminds us that the rich technobrat is probably a figment of our collective imaginations.

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Dear Everywhere Else: You Will Not be the Next Silicon Valley

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Civilization without Twitter

We hear this a lot: “Such-and-such city is going to be the next Silicon Valley.”

Everyone in the startup space admires and wants to replicate the Valley’s success. After all, a lot of billionaires have been made there.

But, here’s the thing, there will never be another Silicon Valley, the way we know Silicon Valley. What’s going on there is the result of decades of dedicated tech entrepreneurship, education, and financing. Many of the success stories found there happened well before tech and startups were cool.

That’s good for us, though. Because, here’s the other thing:

The world doesn’t need another Silicon Valley.

The world needs Detroit–where they are using entrepreneurship to claw their city back from bankruptcy.

It needs Israel–where they are using tech to find solutions to many of the world’s security problems.

It needs the countless cities across the country who are seeking solutions to the many problems our healthcare system has, from administration to devices.

It needs entrepreneurs who are so focused on solving the problem they’re tackling that they don’t really care if it’s current trend or “it” thing.

Even though we won’t ever be Silicon Valley, that doesn’t mean we can’t learn a few lessons from their success.

Innovation, not imitation

One reason Silicon Valley became what it has is because it was full of people who refused to imitate. No one in the Valley has ever said, “We’re going to be the next New York.”

Those of us in startups outside the Valley can take a lesson from this. Ecosystems who know their strengths and wear their differences like a badge of honor will be the next success stories. The ones who innovate in “unsexy” ways may well just find the next billion dollar ideas.

Understand entrepreneurship

There are great entrepreneurs all over the world, from the founder of this week’s hottest app to the women in Africa who make and sell jewelry to support their families.

But startups–truly ecosystem-shaping startups–are the ones chasing the big ideas relentlessly. Silicon Valley understands this, and you won’t find many lifestyle entrepreneurs there. Not that there’s anything wrong with lifestyle businesses, but it’s a completely different game they’re playing.

Successful ecosystems will not only know their industry, they’ll know what kind of entrepreneurs they have. And smart investors and mentors will be able to pick out the truly scalable ones to help grow.

Solve your own problems

There are plenty of articles lambasting Silicon Valley for solving rich, white boy, first world problems.

This isn’t going to be one of those articles, because I don’t think that’s fair to the smart men and women doing amazing things in the Valley.

However, there are other problems to be solved, problems that, for better or worse, Silicon Valley entrepreneurs just may not be aware of. That’s the true power of building your startup everywhere else.

In a recent article on PandoDaily, tech entrepreneur Chris Nicholson says,

People solve the problems they see every day. Even with the million amazing projects getting invented in San Francisco, the tech bubble produces a monoculture in what tech produces–apps that create more apps–and how it thinks.

Maybe the problem that captures your attention isn’t “world-changing,” but that’s okay. Solve it in the most creative, compelling way possible, and you may be surprised what comes next.

Ecosystems outside of Silicon Valley are the next big thing. It’s why we do what we do at Nibletz and the Everywhere Else Conference. We don’t think anywhere will ever be the “next Silicon Valley.”

But that doesn’t mean it won’t be amazing.

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