Comments Off on SXSW Eco 2012 – NJ Startup: Staxxon Dynamic Container Systems0LikeLike 3,915
New Jersey/Ohio startup Staxxon is working to address one of the largest inefficiencies in the logistics industry – the empty shipping container. Every year hundreds of millions of shipping containers are shipped empty taking up space, using valuable natural resources, and wearing out equipment.
According to Tom Stitt, Staxxon’s corporate development director, the company’s founder was inspired to begin working on a new container design while driving one of his daughters to college. “George [Kochanowski] kept seeing piles of containers [along the roadway] and thought there had to be a better way to deal with them than stacking them high,” says Stitt. ¹
Staxxon has created an “accordian-like” shipping container that can be folded to 1/5 it’s size. This allows 5 empty containers to take up the space of just one container. It doesn’t take much imagination to see how this could significantly alter the practices of logistics companies. Each container takes up space on trucks, trains, and container ships, as well as shipping yards. In April of this year they received a CSC Certificate for its 20′ container design and was issued the BIC registration code STXU for its test and trial containers. Below we have an in-person demonstration of the benefits via legos:
More details regarding Staxxon’s Dynamic Container Systems from their FAQ:
What technology and products is Staxxon developing?
Staxxon has developed, patented, prototype and obtained certification for a shipping container design that allows up to 5 empty containers to be folded, nested and moved in the same space as 1 container. In addition, Staxxon is developing an integrated system to support high speed folding/nesting and unfolding/un-nesting at terminals and depots that includes support for space/slot optimized freight bookings and related terminal/depot/ship/rail/truck workflow information technology.
Who will be Staxxon’s customers?
Staxxon will license its container, folding nesting system and related information technology to its customers. This means that a container fleet owner/operators – carriers, leasing companies, governments – can continue to work with existing container vendors/manufacturers. Terminal/depot operators will be able to source the folding/nesting system from current suppliers. leading freight booking and terminal operating system providers will be able to integrate Staxxon’s information technology.
How much does Staxxon’s technology cost? How much will a container with Staxxon technology cost?
Staxxon’s business model is based on licensing its intellectual property, designs and know-how, not manufacturing. Container fleet owner/operators will continue to source containers from their current vendors at prices negotiated by the fleet owners/operators. Staxxon will support existing container manufacturers with assembly line configuration, sourcing, training, inspections and certification services. Staxxon’s target cost for a container that includes Staxxon technology is in a range that provides the container fleet owner/operator a 100% return on the total investment, including operating costs unique to Staxxon’s technology, over a 24-30 month period. *Emphasis mine
The Brandery, Cincinnati’s branding and marketing tech startup accelerator, held demo day on Wednesday at the Great American Ball Park. They showed off 11 new graduate startups to a packed house of nearly 400.
REPP was one of the startups we actually missed on our last trip to Cincinnati at the end of June. What we saw, was a team that knew how to dress in some awesome hot pink pants. After getting over their keen sense of fashion, REPP is actually a great new spin on a variety of old ideas rolled into one.
Have you ever met a girl that you tried to date, but a year to make love she wanted you to wait… oh wait that’s a song lyric. Have you ever met a girl that you tried to date and after she stood you up you found out she “pre date stalked you”? Well that’s exactly what happen to REPP founder Michael Bergman, when he actually met his now wife. Luckily for Bergman he’s got a pretty popular name. In fact, Chris Bergman, the founder of Chore Monster (which is a previous graduate of The Brandery) isn’t even related to Michael.
So sure we internet stalk everyone now. The first thing I do when I get a new business card or meet someone at a conference I find intriguing is go right to good ole Google. The problem with that in the dating world is that there is a lot of stuff out there that may be better suitable after a few dates.
Now take a situation at the complete other end of the spectrum. It’s time to sell your iPhone 4s on Craigslist. Now this is a hot item and you may want to know a little bit more about the man who just pulled up to a panel van and appears to be packing a pistol in his sweatshirt.
In both of these cases you want more information about someone. If you were the someone in question, with REPP at myrepp.com, you can control that flow of information.
REPP aggregates your social graph and can even integrate a background check into a profile that you can give people access to. You can also control how much information is given out in that profile.
You may want the ladies to know a little more information than the guy you’re buying the stolen Xbox from. Nonetheless both the Craigslist seller and the nice young lady would be more comfortable with more information about you.
So REPP is a background profile platform. With it’s wide variety of customizations and it’s great variety of information sources, REPP stands apart from anything else in it’s space. REPP costs $9.99 per month but for that you get a whole lot more than any other similar service. Also, the person that wants to meet you or wants to do business with you doesn’t have to foot the bill. To make that $9.99 an even better value proposition, REPP has a way to gift subscriptions of their service to other potential users.
Watch Bergman’s Demo Day pitch below. After you get over their hot pants, you’ll see why REPP won’t ruin your REPP.
Comments Off on Brandery Demo Day: Utah Startup CrowdHall PITCH VIDEO0LikeLike 2,410
We’ve really liked CrowHall even before we found out they were going to be part of the 2012 class at the Brandery. Their platform is a great way to let celebrities, public figures, politicians, bloggers and micro celebrities respond and interact with their following in a clean, branded manner that’s both organized and archivable.
The premise for the idea is great and they’ve been testing out the platform and in July they did a public test with “Bachelorette” winner Jef Holm. Holm sent out one tweet the day before the test saying that he would be taking questions on CrowdHall. He didn’t include a link to the site or the secret page that would hold his CrowdHall forum, but his fans were relentless, they went to the CrowdHall site, and founder the private page. The end result was that when Holm logged in for his CrowdHall session during the test he already had 29 questions waiting for him.
COO and co-founder Jordan Menzel pitched today at The Brandery’s Demo day at the Great American Ball Park. Menzel was decked out in a yellow t-shirt and cutoff shorts which they explained before the pitch was a “cost cutting measure”. While they have money committed they used all of the seed money working on validating their concept, and buying caffeine for their developer Nick.
The product looks great and hopefully it will be a household word in the 2016 election. Check out the pitch video below:
Comments Off on Nashville Startup Jamplify Exhibiting At DEMO Courtesy Of Startup America0LikeLike 3,011
As we reported earlier this morning, Startup America revealed the 8 startups that won their contest for a free trip to DEMO in Santa Clara California this week. Four startups are exhibiting in the DEMO Showcase Pavilion. The other four startups are presenting on the main stage.
Nashville Jumpstart Foundry graduate Jamplify was one of the four startup selected for the exhibit space in the DEMO Showcase Pavillion.
Jamplify is a hybrid, promotional, crowdsourcing platform. With Jamplify’s finished product, you get the most logical promotional vehicle for bands, musicians, and bloggers that’s available to date.
Jamplify crowdsources people for promoting the bands that they love. Rather than crowdsourcing for actual capital Jamplify is crowdsourcing for social capital and human capital, and then there’s the payoff.
Jamplify is like the kickstarter for fan based, crowd based musical promotion. As a fan of a band or a promotional ambassador you can agree to promote a band or musician. Based on your social graph and the amount of people that you actually touch with the campaigns short, trackable url you will become eligible for prizes from the band or artist you’re promoting.
Jamplify arrived at Nashville’s Jumpstart Foundry from New York City where the founders worked on Wall Street.
Check out their video pitch from Jumpstart Foundry’s demo day in August below:
Comments Off on Florida Startup: Seek.ly To Launch Online Speed Dating At DEMO0LikeLike 2,442
Online speed dating isn’t a new concept however it’s one that could use some definite improvements. Online dating sites typically bury their users with superfluous messages. They also give off false positives by matching users with people that aren’t interesting or compatible.
Florida startup Seek.ly plans will eliminate those problems and others to make online speed dating more spontaneous the way that it is when you go to an in person speed dating event at a local restaurant, bar or singles meet up.
Profiles be gone!
While at first this may seem like a crazy idea, one way that Seek.ly puts that spontaneity back into online speed dating is by eliminating profile pictures, and questions. To often people eliminate potential dates by profiles. The other down fall is that profiles are often blown up or only show the absolute best a person has to offer (or what they perceive is their best). With Seek.ly there’s no BS around the profile, more time is spent focusing on getting to know the person.
“Seek.ly does not have profile pictures, questionnaires or compatibility testing because we know that at the end of the day those processes just can’t take the place of human interaction. By eliminating these crutches, seek.ly users are more inclined to get to know the person and not the profile. I’m very excited about our public launch and validating these ideas.” said Susie Steiner, Founder of Seek.ly.
Steiner and co-founder Kim Randall will launch Seek.ly today at the fall DEMO conference in Santa Clara California. They’ll have six minutes to wow those in the audience and those watching from home. Online speed dating needs a makeover and Seek.ly is confident they’ll deliver.
“We are ready to take Online dating to the next level and I am very excited that we are launching our video speed dating platform at DEMO Fall 2012,” said Kim Randall, Co- founder of Seek.ly LLC.
Comments Off on everywhereelse.co The Startup Conference Announced February 10-12th 2013 In Memphis Tennessee0LikeLike 2,021
MEMPHIS TN, & EVERYWHERE ELSE- “everywhereelse.co The Startup Conference” has been announced for Sunday February 10, 2013 through Tuesday February 12, 2013 and has already attracted an all star line up of speakers, panelists, investors,startups and entrepreneurs. The conference will take place in the heart of beautiful Memphis Tennessee at the Memphis Convention Center.
The three day conference will feature over 30 panels, keynote addresses, roundtable and fireside chats geared towards the challenges that entrepreneurs, startups and even investors face outside Silicon Valley. The conference will also include three signature networking events as well as a three day startup exhibition featuring 100 startups from “everywhere else”. Startups from every stretch of the country, and as far away as Israel and Romania have already committed to exhibit in the Startup Village.
Startup America CEO and founding CTO of Priceline Scott Case will keynote at the event. Best selling author and motivational speaker Tracy Myers,Rohit Bhargava,Bill Harris former CEO of Paypal and Intuit and many more, will also speak at the event. everywhereelse.co The Startup Conference will continue to announce speakers over the next two months.
Startups, startup founders, accelerator heads and investors will round out three fun filled and educational days in Memphis Tennessee on topics ranging from “raising money everywhere else”, “what I learned in an accelerator”, “what investors outside the valley expect”, “startups: life after hip hop, music and sports”, “kick ass female founders from everywhere else” and more.
There will also be three startup pitch contests with finals taking place at the conference; “The Best of Everywhere Else”, “The Startup Village People Awards” and the “Top of Tennessee” startup pitch contests will have their finals take place at the conference in front of a panel of well known angels, VC’s and celebrities. With the three startup contests over $100,000 in cash and prizes will be given away.
The Best Of Everywhere Else contest will begin with video pitches on November 1, 2012.
The Top Of Tennessee pitch contest will be open to startups throughout the state of Tennessee and will begin during Global Entrepreneurship Week.
In the Startup Village People Awards, Startup Village companies will compete for $25,000 in cash and prizes by audience participation vote via the official conference app.
“everywhereelse.co The Startup Conference” has made both exhibiting and attending affordable for even the boot-strapping startup from “everywhere else”. Attendee tickets are $60 with an early bird rate of $39 for all three days. Startup Village booths are $480 with a few $295 pre-sale booth spaces still available. An earlybird rate for Startup Village booths of $350 will continue through October 31st.
When we were in Charlotte North Carolina for the 2012 Democratic National Convention we got to work out of Packard Place, a gigantic incubator for high growth potential startups in beautiful Uptown (read downtown but that’s what the natives call it), Charlotte North Carolina. Packard Place is home to two accelerators, one focusing on social entrepreneurship while the other one, RevTech Labs, is Charlotte’s first traditional co-hort based tech startup accelerator.
RevTech Labs announced the program back in May. The first class of 7 startups were able to move in the entire month of June and the program kicked off officially on July 2nd. The startups took a one week break (at least from the space) during the DNC when hundreds of bloggers moved into a temporary news room set up in the space.
The accelerator took some cues from other already established accelerators in their inaugural session. For starters, they required that every startup have a developer as a founder or a developer as a co-founder and present at the accelerator. Many accelerators in the past have allowed startups without developers to move into their programs. In some cases the startups spent much of their time in the accelerator either outsourcing development or dealing with the headaches of managing outsourced developers.
RevTech Labs also housed mentor startups in the same space. MailVu and DealCloud were two of the startups selected to mentor those in the cohort. They were able to secure space in the accelerator in exchange for helping their fellow startups.
Wednesday the seven startups in the first class will show off what they’ve been working on throughout the summer. Not only that but Packard Place, and RevTech Labs have partnered with the NC region of the Startup America Partnership, Startup NC, to host a startup expo alongside demo day. Another 10-20 local NC startups will get to exhibit during the three hour event Wednesday afternoon from 2-5pm.
Investors, entrepreneurs and potential customers will hear pitches from these 7 startups:
Viddlz
Welcome to the local community marketplace for scrumptious food. Our viddles (food) are prepared and grown by your neighbors, the bakers, farmers and artisans living virtually next door. Charlotte is the first stop and the Viddlrs (local bakers) provide homemade, beautiful baked goods. Viddlz makes it simple and economical for quality food providers to start or grow a great food business.
Dataset/IO
Dataset/IO provides beautiful, simple and powerful data solutions for the Capital Markets. Our solutions offer the ability to manage enterprise data quickly and easily – scaling on demand – while placing the control firmly back in the hands of our data team.
Spatially
Spatially is developing a better interface for product search in today’s touch-driven world. The technology uses [a technique known as] faceted search and displays search results in a highly interactive 2D interface.
DogDashGame
Dog Dash represents a new genre in mobile gaming by introducing a 3D-audio only concept. Users will have to utilize their auditory skills to navigate them through oncoming traffic and away from the pursuing cops. Head phones are required for the true 3D-audio experience and the game is expected to launch on the iPhone this summer.
The Torch
The Torch helps you plan for the unplanned. The Torch is an online and mobile application that makes it easy to organize your “What if?” plan and share it with the people closest to you, so they will know what to do in an emergency.
Flavma Inc.
Flavma Inc. revolutionizes pharmacy software. We’ve built the first Medicare Part D Plan Finder for the iPad. Currently, we are working with Independent Pharmacies to improve their processes and quality of patient care using modern technology.
Autopilot
Autopilot allows you to book a vetted, professional driver on demand when you can’t, shouldn’t, or simply don’t want to drive your own vehicle. You can reserve a driver with the push of a button, track their arrival, and enjoy the benefits of automated, cashless payments all from your mobile device.
The demo day event will be held at Packard Place and if you would like an event you can email them here
Comments Off on Memphis Prepares For 48 Hour Launch October 12th-14th0LikeLike 2,894
We’re just a couple of weeks away from Memphis’ next 48 hour launch. We were at the last 48 hour launch hosted by Launch Memphis at Emerge Memphis back in June. That 48 hour launch saw four teams of entrepreneurs present Happy Potty, Screw Pulp, YaDoog and LostPetCast.
Very similar to Startup Weekend, 48 Hour Launch puts a room full of entrepreneurs, designers, developers and coders together for 48 hours of hacking together a business.
Friday evening all of those registered for 48 Hour Launch will eat dinner, get to know each other and then pitch their ideas in 60 seconds or less to the room full of attendees. After all of the ideas are pitched, everyone in the audience will get a chance to vote for their favorite startup ideas. At the end of the voting process, an based on how many people are registered, ideas will be chosen that will be developed over the weekend.
Saturday teams will work on customer validation and building product. They’ll have community mentors around to answer legal questions, marketing questions and anything else they can think of.
Sunday, the teams will make their final pitches to show off the work they did over the previous 47 hours.
That’s typically where the traditional “Startup Weekend” ends. Startup Weekend events end with the judging of the final pitches. That’s not where 48 Hour Launch ends though.
After the weekend the 48 Hour Launch teams are invited to utilize the other resources from Launch 48 and it’s parent company Launch Your City. These resources include office hours from experienced entrepreneurial and startup advisors, free office space in the drop in LaunchPad co-working space and some 48 Hour Launch teams may decide to apply to Seed Hatchery, Memphis’ cohort based accelerator.
While some “Startup Weekend” events are held in incubators and can pull resources, Launch Memphis makes 48 Hour Launch a natural introduction into the Memphis’ Startup Ecosystem.
Memphis’ Startup Ecosystem is spearheaded by the efforts of Eric Matthews, Andre Fowlkes and Elizabeth Lemmonds, the team behind Launch Your City. Matthews has been an integral part of the Memphis entrepreneur and startup scene for nearly a decade. He founded Launch Your City in 2006 and before that was a director at the FedEx Institute of Technology on the campus of the University of Memphis.
Fast forward to 2012, and while many cities are just laying roots in a startup ecosystem, Launch Your City has their Launch Memphis efforts, which often plays quarterback to many of the regions entrepreneurial and startup events. Launch Memphis also organizes meetups, runs a mentor network, a co-working space, and provides countless other resources to young, high growth potential startups.
Launch Your City also runs Seed Hatchery and collaborates with other area resources for C2 and Zeroto510 accelerator programs as well.
These twice yearly 48 Hour Launch events, serve as a great place for new entrepreneurs to get their feet wet and get exposed to all that Memphis has to offer. One of the great things about these particular events is the way that others who have participated in any of the Launch Your City programs come out to support the growing startup community.
48 Hour Launch boasts that for just $40 you can:
Launch brand new tech-supported companies, contributing toward our local innovation economy and creating jobs;
Learn by doing, experiencing firsthand entrepreneurial principles that can be applied to any endeavor or work environment;
Connect with like-minded and talented professionals, developing your network;
Play an active role in Memphis’ entrepreneurial community, volunteering your current skills while learning new ones;
Eat and drink well, including all meals and copious amounts of coffee and Red Bull; and
Be a part of something this collaborative, creative and cool?!
You don’t have to live or work in Memphis to participate in 48 Hour Launch. People from as far away as Alabama and Atlanta have come to Memphis for weekend startup hackathon events.
We are one week away from seeing the 2012 class at The Brandery accelerator in Cincinnati. The Brandery is a top 10 accelerator and focuses on branding and marketing. They’ve attracted hundreds of applications from across the globe for each of their last three sessions.
While The Brandery follows a co-hort accelerator model, as well as the Global Accelerator model, what sets them apart is their focus on branding and marketing. Being situated in Cincinnati Ohio puts them at ground zero for one of the biggest branded companies in the world Proctor & Gamble (P&G). P&G’s influence can be found within the walls of the Brandery. General Manager, Mike Bott, came to the Brandery after a successful stint as brand manager for Olay and other P&G brands. P&G’s roots don’t stop there, Brandery Co-Founder Rob McDonald is the son of the current CEO at P&G Robert McDonald. The younger McDonald is a lawyer at Taft during the day though.
The Brandery pulls from other marketing resources as well. Take co-founder Dave Knox for instance, Knox is the Chief Marketing Officer at Rock Fish a digital agency with a laundry list of clients that are household names. PF Chiangs, Sam’s Club, Bunn, and White Cloud are just a few of the brands that trust RockFish for their creative needs.
The Brandery is a hard core accelerator. There’s no working part time and participating at The Brandery. We spent five days with The Brandery founders and the staff in Cincinnati’s Over The Rhine neighborhood earlier this summer. There was a constant swarm of activity in the bullpen where each startup has desk space and white boards. There was also class after class in The Brandery’s second floor class room. Folks come from all over the country to talk with The Brandery’s startups and even skype in for lectures.
Some of The Brandery’s startups from this class had pivoted by the time we went to visit in August, others have pivoted again as they got closer to demo day. Even startup evangelist Nick Tippmann found himself changing teams with less than two months to go. No matter what way you look at it, next week’s demo day is shaping up to be an eventful one.
“We’re pumped to showcase our companies on Demo Day. They have done a fantastic job leveraging the relationships and partnerships in Cincinnati and our broader national network to refine and validate their businesses. Its awesome that the Cincinnati and Brandery communities are working together to build something special” Bott told nibletz.com
From what we’ve heard on our visit to Cincinnati McDonald gets more and more excited every year. In addition to helping teams with legal issues, McDonald gets out in the community with the Brandery teams every chance he gets including festivals, events and even Reds games. The Brandery teams were also major parts of Startup Weekend Cincinnati over the summer. McDonald, Knox, Bott and many of the teams founders were on hand throughout the weekend to provide mentorship and guidance. In fact Austin Hackett, the founder of Crowd Hall (A 2012 Brandery Company) pitched his own startup on startup weekend, the one that actually looked most complete.
Accelerators are intense and sometimes a bit insane. Gut checks at an accelerator happen often and pivots are inevitable. Greg Svitak and Kurt Pettit from Cleveland Ohio entered The Brandery with a startup called Flock’d. The premise for the idea was good, they wanted to do “swarm” like deals at night clubs and bars. Pettit explained to us that the idea was abandoned because every municipality in the country has their own liquor advertising laws which made a nationwide app in that space all but impossible.
Svitak and Pettit regrouped and developed AndTix which is a ticket selling platform for major sporting events. Neither man is any stranger to startups. Pettit has been a designer that’s done startup work for years. Svitak was one of the organizers for the 2012 startup bus to SXSW. After wrestling with the ticketing idea for a little over a week, they regrouped again and plan to show off a great concept in ticketing next week.
26 year old Andy Zhang from Seattle Washington went into The Brandery with a concept called Fly Dutch which according to Angellist matched starutps and investors. Zhang, who is a trained lawyer among other things, actually pivoted FlyDutch into “woowhoo! online dating for the offline type”. His startup boasts no messaging, no surveys and no work. Could it be Pinterest for dating?
One of the teams we’ve seen as a standout since before this session at The Brandery started is Salt Lake City based CrowdHall. CrowdHall is a platform where celebrities, politicians, micro-celebrities, bloggers and others can communicate with their audience in a voting up and down question asking forum. Back in July they tested the platform with Bachelorette winner Jeff Holm. CrowdHall is the perfect platform for elections and online town hall meetings.
Co-Founder Jordan Menzel admitted that CrowdHall would be perfect for the Presidential Election, but the timing may be off. CrowdHall has stayed the course from entry to demo day and will reveal a polished, ready to go product that nestles nicely into it’s own space. We’re pretty sure that over the next few years and then again into the next election cycle CrowdHall will become a household name.
Our other standout team from this years session at The Brandery is Impulcity. We’ve covered Impulcity since before they were even selected for The Brandery. This Louisville startup is offering up a new way to find events in any area. They have hundreds of thousands of events organized and delivered into an app that has a slick and visually appealing UI and a feature set that includes the ability to share events, follow events, and add to an events wall.
CEO and Co-Founder Hunter Hammonds is putting his all into Impulcity. In July they had a full featured, working beta, in fact we were in the beta test. There really was nothing else like it available in any app store or market. Impulcity was able to find and recommend events based on location, likes and other algorithms and deliver them with great visuals and the information an end user needed to make a decision about what to do.
Impulcity may have been perfect to a lot of people’s standards however with just under a month to go Hammonds blew up the whole thing and started over from scratch. They took a lot of beta testers feedback and iterated to the product that will released next week.
The stylish Jay Finch came to Cincinnati and The Brandery from New York, with his offline-online crowdfunding hybrid, SockStock. The concept takes businesses in need of funding and allows patrons to micro-crowdfund projects at the businesses they frequent via Finch’s platform. Finch has already made inroads in Cincinnati with the Carol Ann and Ralph V Haile Jr /US Bank Foundation who are referring their creative entrepreneurs and artisans to SockStock to raise money for their own projects to grow their companies. Finch plans on staying in Cincinnati after demo day to further the SockStock platform.
We’re expecting great things from the 11 teams at The Brandery this year when demo day rolls around next week.
Comments Off on New Hampshire Startups Look To 2032 At Disruptivate Oct 9th0LikeLike 2,250
New Hampshire startups and innovators are looking forward to the second Disruptivate event scheduled for October 9th at Wentworth By The Sea in New Castle.
Mark Galvin, the Managing Director at the New Hampshire Innovation Commercialization Center was ecstatic with the turnout at the first Disruptivate event held in April. According to seacoastonline.com Galvin was hoping for 100 attendees. Over 250 folks came to they event with most staying into the night, and the after party.
“We were hoping we could break 100 participants,” Galvin told seacoastonline.. “We were pleasantly surprised that 250 people showed up and we sold out. Many people stayed from registration in the morning through the after-event party until 8:30 that night. A lot of people were really jazzed up. ”
The first event was broad in scope, highlighting technology innovation across a variety of sectors. For the October 9th event Galvin and the team are highlighting the healthcare and education sectors. Afternoon panels at the event will take a look at what healthcare and education may look like in 2032.
“We are looking to highlight 12 disrupters who have a company, an idea or even a piece of legislation that can actually change and move the innovation agenda in New Hampshire for health care and education,” Galvin said. “The woods are filled with disrupters and serial entrepreneurs. We need more people to help move the needle on disruption to benefit the state, the country and the world.”
Jeff Carlisle, the founder of an EMR startup and author of the book “We Love Innovation, so Long as It’s Nothing New”, was named a top Disruptivator of 2012 at the April conference. He will be on one of the healthcare panels at the October Disruptivate conference.
If you’re in the North East it looks like this is going to be a great event. Hit the link below to register.
UPDATE: This event was moved to November 7, 2012 because of election day.
If you’re a Houston area startup and you’re looking to pitch to a room full of your peers than take note. November 6th 2012, starthouston.com is holding a demo day for up to 15 startups.
Houston startups should prepare a pitch highlighting:
-Product Explanation & Demo
-Growth Strategy
-How you will monetize your product or service
-Explain if you are bootstrapping or seeking funding
Each interested startup should put together a three minute pitch, complete with deck and should also be prepared for up to two minutes of mentor feedback and then a group 30 minute Q&A with those in the audience.
This event, being held at 1179 Delano Street, in Houston at 6:00pm on November 6th will be a great place for startups to practice delivering their pitch to investors and groups. If you’re a startup interested in pitching you should reach out to contact@starthouston.com to be considered.
After the startup presentations, there will be time for networking with the startups and others in attendance. This is not a monetary pitch contest, but you never know who will be in the audience.
Comments Off on Guest Post: Observations from a Demo Day Junkie0LikeLike 2,378
This guest post comes to us from Patrick Woods. Woods is a director at a>m ventures, the venture capital arm of archer>malmo a regional leader in advertising, pr and marketing. Disclosure: nibletz.com is one of a>m ventures portfolio companies.
I’ve been to five six demo days already this year in my travels for a>m ventures, and many more over the past 18 months. The following points are my observations on the good, bad, and nasty of startup accelerator demo days.
No one of these points will sink your demo day ship, but taken together, when done right, these elements will help to give your teams better odds of getting to that next step on and following the big day.
The idea is to reduce the variables involved in your event in order for you to craft a meaningful experience.
Caveats
These are my observations, not gospel.
If you’re YC or TechStars, these points apply less to you; these are for everyone else.
Yes, there are a lot of seemingly minute details here, but that’s the point.
We can all agree there’s no substitute for great companies, and none of these observations are meant as such a substitute.
In general, be mindful of your goals for demo day, and curate all experiences to achieve those goals. Some goals might include:
Connect investors to companies
Connect investors to investors
Strengthen your ecosystem’s network of founders, angels, VCs, services providers, and those on the periphery
Generate buzz at various levels by raising the visibility of early-stage activity in your region
There are plenty more; the point is that you should be aware of what the goals are, then align every facet of demo day to achieve each goal.
Your accelerator is a marathon, demo day is not
3 hours is pushing the upper limit of peoples’ attention span.
Limit team intros to something really short, like, 60 seconds or less.
Sorry sponsors, no one cares about you. At least not anyone in the audience.
Relatedly, more pitches, less bravado, fewer speeches
Yes, we all get it: your city is a great place for starting up. Being a mentor is an amazing experience, and you always need more. Okay. Now let’s get on with it.
Remember that running an accelerator isn’t an end to celebrate, but that it’s a means to an end that will produce celebration-worthy events.
Everyone’s got an accelerator these days, so let’s reduce the back-patting and celebrate the big wins.
That said, brief updates from alumni can be a great point of pride.
Also, no student “idea” pitches, please. Or anything else irrelevant to investors.
Pitch quality matters
Stage presence, pitch structure, and pitch content are all really important.
The companies shouldn’t be delivering bullet-point fact transfers, but rather telling a relatable, investable story.
Slides should be used as visual aids, not as core components of the presentation.
Long before demo day, require your teams to write a script for their pitch. They don’t necessarily have to recount it verbatim onstage, but the process of formalizing their thoughts will prove invaluable.
Coach your teams and enlist mentors who know how to pitch, like successful founders, folks who have been onstage before, and advertising people, many of whom pitch for a living.
Strongly consider bringing in a speaking coach a couple of times: first at an early point and later, closer to demo day to track improvements.
It’s Investor Day/Demo Day season across the country. We’ve got Brandery’s demo day in Cincinnati in two weeks on October 3rd. RevTech in Charlotte’s demo day is also October 3rd. MassChallenge has a class graduating soon, and so do many more.
Here at nibletz, the voice of startups “everywhere else” we attend a lot of demo days and we get asked for feedback by lot’s of startups. So here we’re going to show off some pitch videos from investor/demo days and share what we personally like to see. Of course take our advice however you’d like.
Product Product Product
Product is the most important thing at Demo Day, at least in my opinion. We’re going to go out on a limb here and assume that a business plan, pitch deck or wireframe is what brought you to the accelerator in the first place. Now you’ve completed a three month accelerator and received a decent amount of seed funding. I don’t care what the reason, you better have a product. The accelerator staff may blow smoke up your ass but if I personally had given you the seed money, and I don’t see a product, youre going to be cutting my grass for many years to come.
Enough on the startup lingo
The point of the three month accelerator was not to hear about minimum viable products, bandwidth, game changing, disruption or that you’re a change agent. I also don’t want to hear “at the end of the day”. Truth be told most investors know the buzzwords and it’s often times a BS alert in the pitch, either that or a crutch. So at the end of the day those investors are going to go home to their families without investing.
Statistics are as boring as your statistics class
I love startup pitches on investor day that use real world examples of problems and not a hodge podge of statistics and a boat load of slides to show them. Remember that you rattling off statistics is nothing more than you rattling off statistics. Use your key statistics in nice colorful charts, leave them up for a few seconds but I’m sure you have your pitch deck in an emailable file or better yet on slideshare. If someone is jonesing to see all your stats, follow up later. Don’t put anyone to sleep
Growing organically and virally in the first year and making revenue in the second year
This is absolutely NOT a viable go-to-market strategy. We, and of course investors, want to know where your revenue is going to come from, the first year. In fact they want to know where your revenue is going to come from tomorrow. I don’t care what you told yourself in the mirror this morning, chances are very high that you’re not the next Kevin Systrom.
Stealth Mode
If you’re a nibletz reader you know we hate stealth mode, it’s bull shit. Somebody else already has your idea, it’s about execution and product not about keeping secrets. Now at investor day/demo day all of your cards should be on the table. If you’ve got a video capturing app and more features coming that are in stealth mode, why aren’t they in the product now. Perhaps you should have spent less time playing foosball and more time working on the product.
You can’t listen if you don’t stop talking
Whether you’re in a Q&A session right after a pitch, or fielding questions at a booth or in the crowd after the event, you can’t listen if you don’t stop talking. A lot of people are going to tell you what a great job you did. Take those compliments in stride. But when it comes time to answer questions, answer them concisely, and quickly. If you don’t understand the question, let the person asking it know that, they’ll respect you more. If an investor asks you something and you don’t know the answer to it, tell them it’s a really good question, jot a note down and either research the answer on your iPhone or with your team and get back to them that night, or follow up. If you bullshit they’ll smell it.
Don’t forget personality.
There’s a good chance that you were picked for the accelerator not because your ticket selling app was going to take on Ticketmaster and Live Nation, but rather because the board liked you, or your personality. Don’t forget to interject some of that in your pitch.
And now a video…
This is Banyan, they won a $100,000 in the GigTank challenge which was an investor day challenge for the Gig Tank accelerator in Chattanooga. Here’s why I love this pitch.
– First off I’m not big into the product I’m not sure how big the market is. It’s a collaborative research tool, it’s a great concept but again there’s not a huge market and researcher’s aren’t the best at sharing. That’s not the point though. I thought Toni Gemayel had a great pitch.
– Banyan had a product. Banyan was up and running and had been thoroughly tested
– Gig Tank’s theme was literally “high bandwidth” startups. The accelerator was built around Chattanooga’s 1Gb fiber. Researchers who use Banyan have to transmit enormous amounts of data. Gemayel conceptualized this by saying if a researcher wanted to send 2 terrabytes of data from Stanford to the UK under traditional bandwidth constraints it would be quicker to get on a plane and fly there.
– Banyan offered several plans at making money immediately, not two years down the road.
– Finally, Gemayel had everyone laughing with a really small joke at the end of the presentation. Watch the video to see it.
Comments Off on Startup Weekend Heads To Providence October 5th Doing It Big & In 3D0LikeLike 2,133
An official Startup Weekend event is headed to Providence Rhode Island on October 5th 2012. Startup Weekend is a 3-day hackathon style competition drawing founders, entrepreneurs, developers, coders, designers and more to put together businesses in 54 hours.
Startup Weekend Providence is an officially sanctioned event being administered in conjunction with the Startup Weekend organization based in Seattle, which receives major funding from the Kauffman Foundation. All “official” Startup Weekend events follow the same general format.
Registration will begin on Friday evening at 6:30pm at Johnson & Wales University Pepsi Forum. That will be followed by great networking dinner where attendees will be able to size up the competition and the possible teammates for the weekend. At around 7:30pm the “Friday Night” pitches will begin. We’ve covered a lot of startup weekends and you can see plenty of Friday night pitches here at nibletz.com.
The Friday night pitches are 60 seconds and hard timed by a Startup Weekend official. In that 60 seconds you need to sell the audience your idea and why it should be built over the next 53 hours. After everyone who wants to pitch has been given the opportunity, community voting will commence. It’s a rather diplomatic process. Usually the pitchers will hold up a sign with their startup name on it and attendees will put a sticker on the idea they like the best. At the end of the process, those with the most stickers will have their ideas developed.
Friday evening typically tops off with team selection and then some icebreaker time with the teams. From there the teams break off and start working on the startup idea.
Saturday, the community coaches come into play. These seasoned entrepreneurs and local business folks are there to help answer questions for each team and provide ideas and suggestions. The coaches in Providence include; Kipp Bradford, Technology consultant and entrepreneur; Coryndon Luxmoore, Buildium Interaction Designer; Charlie Kroll, President and CEO of Andrea; Cary Collins, Bryant Trustee Professor of Entrepreneurship;Eric Parrish, Sr. Product Marketing Manager, G-Tech; and Jason Barrs, Product/Solutions Manager, GTech.
Saturday is also the day that most teams take to the streets, the phones, the emails and the interwebs to get customer validation on their startup project. All the while designers, developers and coders are working on pitch decks, wire frames, prototypes and products.
Sunday is the day the teams put the finishing touches on both their products and their presentations. At 5:00pm and not a second later, the selected teams will have five minutes to pitch their idea and have a brief Q&A with the judges. Startup Weekend Providence judges are: Don Stanford, Chief Innovation Officer at GTech; Allan Tear, Founder & Managing partner at Betaspring; and Tom Napolitano, also with GTech.
Things got a little more interesting yesterday when the organizers of Startup Weekend Providence announced that Johnson and Wales and AS220 Labs would give the Startup Weekend teams access to their 3D printing equipment for prototyping. These labs have a variety of 3D printers and tools that will help teams working on physical products develop actual prototypes to show off on Sunday during presentations. This isn’t a typical part of Startup Weekend but it shows how the organization lets the local organizers innovate their events in their own special ways. It will be amazing to see these ideas come to life through the use of 3D printing.
Startup Weekend Providence has a great list of prizes to, including legal packages, branding packages, press opportunities and more. What are you waiting for, hit the link below to register:
Cameron Wright
Kyle
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