Jeff Bezos To Purchase The Washington Post

Jeff Bezos, Washington Post, Amazon, Graham

Jeff Bezos is no stranger to entrepreneurs and startups. As the founder of Amazon, he has become one of the wealthiest men in the world off of what seemed to be a crazy idea. Amazon has grown to the number one online destination for e-commerce and web sales. Millions of products are sold across Amazon and its partners.

Amazon has also been an instrumental player in developing startups both in their hometown of Seattle, across the country, and around the world. Many web based businesses rely on Amazon’s Web Services (AWS) cloud system for their infrastructure and web presence. They’ve found a way for people to pay with “credits” vs a flat monthly rate, which for some entrepreneurs makes it easy to grow and scale their startups and businesses.

Through Amazon’s launch in 1995 to today. Bezos has remained committed to entrepreneurship and startups and even now still mentors young startup founders. He’s also helped advocate for startups to the government and speaks at startup events, making him one of the most successful and one of the most respected entrepreneurs.

Late Monday evening The Washington Post reported that they have agreed to sell the historic newspaper to Bezos directly (not to Amazon). Bezos will take the company private and according to the Post’s Publisher Katharine Weymouth, he will be able to “experiment with the paper without the pressure of showing an immediate return on any investment.”

The paper has been in Weymouth’s family since 1933 when Eugene Meyer, a member of the Federal Reserve’s board of governors purchased the paper. In 1946 Meyer was succeeded as publisher by his son-in-law Philip Graham whose wife Katharine Graham served as chairman and CEO until 1993. Her son, Donald Graham, succeeded her at the Post. Weymouth is Katharine Graham’s granddaughter and Donald Graham’s niece.

Over the past few years the post has tried to become more progressive with their online and social offerings. Laura O’Shaugnessy (Graham’s daughter and wife to Living Social founder Tim O’Shaugnessy) is the general manager of SocialCode a Washington Post startup that helps companies expand their brand on Facebook.

Bezos plans to remain true to the readers of the Post and plans to be in it for the long haul. “I don’t want to imply that I have a worked-out plan,” Bezos told The Post in an interview. “This will be uncharted terrain, and it will require experimentation.” He continued, “There would be change with or without new ownership. But the key thing I hope people will take away from this is that the values of The Post do not need changing. The duty of the paper is to the readers, not the owners.”

Bezos plans to keep Weymouth in her position as publisher. Also, what may come as a relief to the newsroom, Bezos says there will be no layoffs of the company’s 2000 employees as a result of the transaction.

The paper has been in the Graham family for eight decades, and although no clear long term plan was announced on Monday, Bezos may be planning on keeping the paper in his family for generations as well.

Bezos was not a surprise bidder. The Post reports that Bezos and Donald Graham have been friends for years, often turning to each other for advice. Graham was influential in the way newspapers are displayed on Amazon’s Kindle devices.

You can read more about this historic transaction here.

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Photo: Jeff Bezos

6 TED Talks for Aspiring Entrepreneurs

I love TED. I love the complete randomness of videos you’ll find there. There are discussions on every topic under the sun: business, technology, art, and the magnificence of spider silk. I also love that each talk is 20 minutes long, max. Some of my personal favorites are even shorter.

I haven’t made it to the actual conference yet, but the website is a great place to go when you need a little extra inspiration. Below are some great TED talks for aspiring entrepreneurs. They’re in no particular order, but our list spans inspiration from Steve Jobs to tech tips from David Pogue.

I know my list isn’t by any means exhaustive. Check out the links and send me a tweet. What did I miss?

  1. Simon Sinek–How Great Leaders Inspire Action. Sinek discusses his theory about the “golden circle.” Great leaders ask “why” before they ask “what” or “how.” He uses examples like Apple, Martin Luther King, Jr, and the Wright brothers. Any entrepreneur should start with the “why.” Why do you get up in the morning? Why are building your business?
  2. Richard St. John–8 Secrets to Success. This is a short one, only 3 minutes long. St. John whittles down a 2 hour talk to explain the simple steps to success.
  3. Steve Jobs–How To Live Before You Die. Jobs’ Stanford commencement speech is famous. If you haven’t seen it, it’s a must.
  4. Elizabeth Gilbert–Your Elusive Creative Genius. We want to believe that geniuses are rare, but Gilbert asserts that we all have our own genius. She describes the moment of inspiration and the paranormal feeling when we brush up against brilliance.
  5. David Pogue–10 Top Time-Saving Tech Tips. Tech entrepreneur? See if you know all these little tricks. Pogue is particularly passionate about stupid voicemail instructions. The NYT tech columnist is pretty funny, and this is another short one.
  6. Luis von Ahn–Massive-Scale Online Collaboration. One of the inventors of CAPTCHA realized we can harness time in 10 second increments to digitize books. If we can digitize books like this, what else can we do with mass human capital in small time increments?

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Andrew Warner, Wil Schroter, Naithan Jones & Andy Sparks Added To Everywhere Else Cincinnati Line Up

Everywhere Else Cincinnati, EE Cincy, Startup Conference, Nait Jones, Andrew Warner, Andy Sparks, Wil SchroterWhen we announced our next national conference Everywhere Else Cincinnati this past Monday, we promised more big announcements all the way up until the event itself. (September 29-October 1st at the Duke Energy Convention Center in downtown Cincinnati, by the way.)

The time has come to announce 4 more great speakers coming to celebrate startups and entrepreneurship everywhere else.

Nait Jones the founder of AgLocal, Andrew Warner the founder at Mixergy, Andy Sparks co-founder of Mattermark, and Wil Schroter, serial entrepreneur and founder of popular crowdfunding startup, Fundable have all joined the amazing line up of speakers that will take to the main stage.

nait-speakerNaithan Jones, AgLocal:

Nait Jones comes from a family of chefs, and delicious fresh food has always been a part of his life. Living in the Kansas City area, Jones observed a problem connecting independent and family meat farms to wholesale and retail buyers. He created AgLocal in 2011 to deal with that problem head on.

Jones is no stranger to startups and entrepreneurship, he left his last full time job as the Director of the Ewing Marion Kauffman Foundation’s Aspiring Entrepreneurs FastTrac Program to start AgLocal. He obviously made the right decision as AgLocal was able to attract marquee venture capital firm Andreessen Horowitz to lead their $1 million round last summer.

 

AndrewWarner-SpeakerAndrew Warner, Mixergy:

Andrew Warner is one of those life long entrepreneurs who has a brilliant sales mind. He and his brother Michael created their first company when they were in their 20’s. They called their company Bradford and Reed because they figured with a name like that, people would always take their calls. Warner explains in this post that a name like Bradford and Reed sounded like a law firm, which could mean trouble, or a VC firm, which could mean opportunity.

Bradford and Reed hit it big making online greeting cards, which resulted in nearly $40 million in annual sales.

After taking a break about 10 years ago, Warner was refreshed and wanted to take on mentoring and help entrepreneurs in an entirely new way. Mixergy was born. Chances are if you read Nibletz and plan on coming to Everywhere Else Cincinnati, you are well aware of Mixergy, a platform that allows you to learn from proven entrepreneurs through courses, interviews, and events.

In a Nibletz story in June Derek Capo the founder of Next Step China said this about Mixergy: “My investment in Mixergy’s premium membership has paid itself back 1 million times over. I have learned so much from the interviews, the classes, and the discussions. I’ve gained an MBA-type network without the $200K tag. Andrew Warner, the owner of Mixergy, is great at getting guests who can contribute tangible advice to other entrepreneurs, regardless of what industry they are in.”

Warner’s got a great story and his brain is exploding with entrepreneurial nuggets of wisdom from one of the biggest networks in the world.

AndysparksAndy Sparks, MatterMark,

MatterMark is one of the best weapons in many VC arsenals to help sniff out the best startups. The company was founded by Refer.ly founder Danielle Morrill, her husband Kevin, and Andy Sparks who was brought into the Y-Combinator backed Refer.ly team when they acquired his 500 Startups backed, LaunchGram. Just four months later Refer.ly was shut down to create Mattermark.

With roots in Y-Combinator and 500 Startups, the rockstar team behind MatterMark is now backed by NEA and Andreessen Horowitz.

Sparks founded LaunchGram in Columbus before relocating it to Mountain View to go through 500 Startups.

Sparks has ties to 500 Startups and Y-Combinator, and he’s a facilitator for Startup Weekend. He’s also a huge believer in the fact that startups can come from anywhere.

WilSchroter-SpeakerWil Schroter, Fundable and several other amazing startups.

Wil has literally been an entrepreneur since the age of 19. Now at the age of 36 he’s still never “worked for” anybody but himself in his entire adult life. His entrepreneurial journey started when he created Blue Diesel, an interactive marketing agency that eventually merged with inChord Communications where Schroter helped build the company to $700 million in annual billings.

At least 10 years before incubators were the “in thing,” Schroter created Virtucon Ventures, an incubator for startup companies that is still running today. Schroter’s other startups include Startups.co (2004), Gotcast.com (2006), Affordit.com (2008), Bizplan.com (2009), Unsubscribe.com (2010), and finally Fundable in 2011.

Fundable is a crowdfunding site that’s seen a lot of traction. Fundable offers both rewards and equity based campaigns, and often attracts out-of-the-box winners for funding on their site.

Schroter has been named the Young Entrepreneur Of The Year by the US Small Business Association, Ohio’s Business Person Of The Year, and named to Business First’s 40 under 40. Schroter was also recognized by Ernst & Young’s Entrepreneur Of The Year Program.

Jones, Warner, Schroter, and Sparks join this already great list of startup speakers from across the country who will be in Cincinnati September 29-October 1st for Everywhere Else Cincinnati:

  • Jake Stutzman, founder evlevate.co
  • Jonathon Perrelli, Managing Director, Fortify Ventures
  • Justin Gutwein, Filmmaker and Entrepreneur startupland.tv
  • Mark Hasebroock, Founder Dundee Venture Capital
  • Jason Healy, Founder, Blu
  • John Bracken, Founder e-vite and Speek
  • Dave Knox, CMO Rockfish, co-founder, Brandery
  • Patrick Woods, Managing Director a>m ventures
  • Sarah Ware, Founder Markerly
  • John T. Meyer, Founder lemon.ly
  • Raghu Betina, Managing Patner, The Starter League
  • Ryan O’Connell, VP Influence & Company
  • Blake Miller, Managing Director, Think Big Accelerator
  • Michael Bergman, Founder Repp.

Attendee tickets are available at the early bird discount rate of just $99. Startup Village booths, are available at the early bird discount rate of just $495 (only 18 remaining).

 

Great Examples Of Good Tech Companies Destroyed After Being Acquired?

Startups, Acquisitions, dead acquisitionsBusinesses buy out other businesses. It’s a dog-eat-dog world out there, and acquisitions are part of the grand game of business baccarat. Amongst the main benefits of an acquisition are:

 

  • Increased plant capacity
  • Product diversification
  • Reduced financial risk
  • Bigger share of the market
  • Acquisition of research, development and market expertise

 

If all goes according to plan, the newly acquired company ought to increase in value as investors see cost savings and revenue increases ensue.

 

But it doesn’t always go according to plan. There are often problems that only become apparent after the deal has gone through. Integration plans can be demolished by white collar turf wars and culture clashes. Brand dilution, incompatible processes and systems and lack of knowledge about the acquired company’s business methodology can all have an impact in the successful marriage of two corporations. Such failings may have an irreversible impact on shareholder value and see the stock price of the acquiring organization plummet. The ship sinks with all hands, and there’s not a lifeboat to be seen.

 

It’s a particular problem in the world of dotcoms. Corporate quicksand lies in wait to suck even the most seemingly healthy companies to their doom. Here are just a few examples of the good tech companies that have gone bust following their acquisition.

 

sixdegrees.com

This was the original social networking site and granddaddy of them all. Andrew Weinreich founded the company in New York while the dotcom boom was rumbling on, and it was later taken over by Youthstream for over $130million in stock. Within six months it was shut down. The legacy of sixdegrees however was awareness of the vast potential of social networking, and the likes of Linkedin and other SN platforms took up the baton and ran with it.

 

Danger

Danger was the creator of the T-Mobile Sidekick. Microsoft acquired the company in 2008. They actually prototyped a new product but then completely scrapped the development and platform in favour of the Windows Phone 7, leaving the product team in, as they say, a right old mess amidst a flurry of contradictory goals. The Kin was eventually launched and proved a total flop, and the original development team was dispersed to the tech winds. Just to finish the demolition job off, Microsoft shortly afterwards lost just about all of its Sidekick customer data late in 1999.

Lala

Apple bought up Lala, an online music store, for over $80million in December 2009 and a few months later shut the site down. They seem to have done nothing with the acquired technology and nor have they replaced it.

Goowy Media

Goowy Media, a Californian-based widget software firm, was acquired by AOL/Time Warner in 2008 and everything was fine until AOL split off from TW, when everything went haywire. According to Goowy staff, the TW staff whose office they shared barely acknowledged their presence and they were not assigned work for long periods of time. About a year after the acquisition Goowy was shut down, despite having a basically good product.

Flawed system

It’s worth mentioning that acquisitions and mergers often fail because of a focus on short-term gains by the acquiring company. What they’re mainly interested in is seeing the acquisition run smoothly and after that they often don’t much care about how the acquired company performs. This attitude seems to be inherent in the business world and may often be the fault of no one in particular.

 

Author:
Carlo Pandian worked at Adzuna, a tech start-up based in London. He is currently writing a tutorial on QuickBooks (accounting software for entrepreneurs), and has previously published for Techli, Killer Startups and Under30CEO. Connect with him on Twitter @carlopandian.

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StartupLand Sneak Preview And Panel At Everywhere Else Cincinnati September 30th

StartupLand, DC startups, The Fort, Fortify Ventures, Jonathon Perrelli

Justin Gutwein, the filmmaker and entrepreneur behind the documentary series StartupLand, will debut a limited edition special sneak preview to the attendees, startups, investors, and entrepreneurs at Everywhere Else Cincinnati.

The documentary series was filmed during the spring session of The Fort accelerator housed at Washington DC’s 1776. StartupLand takes a no-holds-barred look at the entire accelerator experience and then talks to the startup founders upon completion of the accelerator, shining a light on the ins and outs of the Fortify Ventures-backed startup accelerator.

The five teams that are chronicled in the series are:

LegCyte (DC) leverages technology to make legislation easier to understand. http://www.LegCyte.com

RidePost (DC) is an online marketplace connecting drivers and riders for safe & social ridesharing. http://www.RidePost.com

SnobSwap (DC and San Francisco) is an evolved marketplace where fashion lovers can swap, sell, or buy coveted pre-loved designer clothing and accessories. http://www.snobswap.com

TrendPo (San Francisco) analyzes the political world daily using news, sentiment, and social metrics. http://www.trendpo.com

The Trip Tribe (DC) has cracked the code on how travelers can have the experience of a lifetime. http://www.thetriptribe.com

Jonathon Perrelli, the Managing Director of Fortify Ventures and co-founder of The Fort, will be on hand at Everywhere Else Cincinnati. He and Gutwein will answer questions about the documentary, the process, and the accelerator.

StartupLand just completed a Kickstarter campaign to help with the costs of post production. Gutwein was looking to raise $75,000 for the documentary series and surpassed that goal by over $10,000.

You can see Justin Gutwein, Jonathon Perrelli, and some of the featured startup founders in a panel at Everywhere Else Cincinnati. Gutwein will also show a special  sneak preview of StartupLand during the conference. They hope to completely wrap up production later in the fall or in the early winter of 2013.

Get your ticket or startup village booth by clicking the banner below. For more information on StartupLand visit startupland.tv

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Is Downtime The Key to Success?

Startup Tips, Startup OpEd, Monica Selby

I think downtime gets a bad rap. In our startup culture, it’s all about hustle, late nights, and crazy schedules. We brag about how much we work, and we really don’t want people to think we aren’t passionate about our businesses.

I believe in passion and work and doing what you love. Hence, I left a crappy job to homeschool my kids. I landed a job I love at Nibletz, and my kids are being raised in a family culture that encourages finding your passion and working hard at it.

But there’s nuance when we talk about “hustle” and “passion”: a silent assumption that if you don’t want to work all the time, you aren’t really passionate. If you aren’t passionate, you won’t be a success. And, in the startup world, your “lack of passion” will keep you from succeeding, so there’s no point in anyone investing in you.

Yet, there are studies that show that time off is critical to job satisfaction. In 2009 two Harvard researchers studied the effects of enforced time off for a local consulting group. They found that, while initially resistant, consultants at the company ultimately became better at their jobs when they were forced to take time off throughout the week. It turns out that hunkering down isn’t always the best choice.

In an episode of On Being, Krista Tippett interviews neuropsychologist Rex Jung about creativity and the everyday brain. After studying both intelligence and creativity, he says that the two are very different and use different parts of the brain. Intelligence occurs when the back and front part of the brain work well together, firing information efficiently. Dr. Jung compares this to a superhighway. Creativity, however, is more like back roads, a meandering path that may seem inefficient but produces something new and useful. There’s even a name for this: transient hypofrontality.

Both are useful, but how do we increase the creativity part–the part that keeps us good at problem solving? Rex Jung says the answer is downtime.

If you’re constantly in knowledge acquisition mode, there’s not that quiet time to put it together.

The “putting it together” is critical. Your passion means nothing if you don’t have the downtime you need to really consider your path. Working just for work’s sake is stupid. What if the work you’re doing is heading in the wrong direction, or you miss a big piece of the puzzle because you don’t take time to look around? In that case, all the going going going is a detriment, not a help.

Instead, we should reconsider what we call “work.” Accomplishing tasks and crossing off to-dos are important. But so is a leisurely walk without a phone or iPod. Studying cloud shapes or reading a book solely for enjoyment are good for recharging, but it turns out they may also be imperative for your work itself. The connections your brain makes when you aren’t focus could be the ones that lead to breakthrough success.

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Crowdentials Makes It Easier to Crowdfund Investors

There’s been a lot of chatter about the April 5 signing of the JOBS Act. Most people in the startup community are especially excited about the possibility of offering equity via crowdfunding platforms.

What many have missed in all the exultation is that, while it’s easier to offer equity, the standards for investors have risen. It’s now more difficult and invasive to prove you’re an accredited investor, but companies have to take “reasonable steps” to ensure their investors are accredited. This means more intrusive questions that few investors are willing to answer.

As Richard Rodman, CEO of Crowdentials, puts it: “There are two sides to this ruling. On one side, the bar for advertising has been lowered. On the flip side, the bar for verifying accredited investors has been raised dramatically.

Crowdentials is on top of the new problem. This week they launched the Certified Accredited Investors (CAI) program. The program will use a simple form and third parties to verify that an investor is accredited. After that, they will certify that the investor is accredited. No need for every crowdfunding platform to have access to your bank statements or tax records. The program is secured by multiple passwords, randomly generated IDs, and pages that expire within a certain amount of time.

“Transparency with privacy” is the goal of the new program.

Crowdfunding platforms that expect a big need can license the technology based on monthly requests. Individual companies can use the service just once or twice for a smaller fee.

Crowdentials is accelerating at the new FlashStarts accelerator in Cleveland. Investors, crowdfunding platforms, and statups can check out the new program on their website. Below is an infographic explaining how it all works.

caiInfographic

 

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Detroit Venture Partners & CincyTech Aren’t Afraid Of The ChoreMonster

ChoreMonster, DVP, CincyTech, Cincinnati Startup

Original ChoreMonster artwork like this fills the 3rd floor at the Brandery where ChoreMonster works. It’s referred to as the “Alumni Penthouse” (photo: nibletz LLC)

 

I love writing about ChoreMonster. It’s a Cincinnati startup and Brandery alum who helped me get my daughter engaged in doing chores when she was four years old (during beta). Now my daughter is about to turn six and loves doing chores thanks to the ChoreMonster.

This fun startup uses great illustrations to help parents develop incentives to get their kids to do chores. It’s all handled through an interactive app. My daughter can access her chores on her iPod touch or iPad mini, and we can keep up with them on our iOS devices as well.  As she completes chores she earns credit towards prizes that we’ve selected. My daughter’s room is filled with My Little Ponies, Beanie Babies, and a telescope set that were all incentives for chores over the last 14 months.

ChoreMonster continues to grow in my home and on the national front as well .

The company just announced a $1.5 million dollar “early stage round” led by Dan Gilbert, the chairman of Cincinnati casino operator Rock Ventures LLC and founding partner at Detroit Venture Partners.  Cincinnati’s CincyTech also participated

ChoreMonster plans to use the money to increase its staff to 14 and continue to grow. They also took the time this week to announce a major partnership with Proctor & Gamble’s Crest Oral-B.

Cincinnati.com reports that this investment is also notable because it marks Gilbert’s entry into the Cincinnati entrepreneurial ecosystem, one that continues to thrive.

ChoreMonster has steadily been raising capital since their graduation from the Brandery in the 2011 class. In January 2012 the company raised $350,000 in seed funding.  A year later they launched ChoreMonster out of private beta and took a $775,000 investment round.

This latest round doesn’t just bring capital to the table. DVP will also provide some expertise in the parental space. DVP partner Ted Sebrinski was the co-founder of ParentsClick, which was acquired by Lifetime Television.

“DVP is a firm led by experienced and successful entrepreneurs with a hands-on, deterministic approach to early stage investing that is aligned with our approach,” said Mike Venerable, CincyTech’s managing director for digital, software, and health technology companies.

With Gilbert already having business dealings in Cincinnati and now also involved in the startup ecosystem, Venerable is confident that DVP will participate in more Cincinnati deals, telling Cincinnati.com:  “DVP is one of several new Midwest funds that are bringing new energy and capital to work in cities like ours, and DVP is active and engaged in Cincinnati. We fully expect to work with them on other opportunities in the future.”

Check out our video interview with Choremonster below:

And speaking of Cincinnati:

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DC Company Social Tables Announces $1.6 Million Round

Social Tables, Fortify.vc, DC Startup, DC Tech, funding

Any event planner knows how difficult it is to juggle all the different tools they use to plan. Microsoft Office, iCalendar, Evernote, paper and pens. It can be a headache to pull of a great event.

Since September 2012 Social Tables has been helping solve the many organizational challenges of event planning. They also provide tools specifically for the hospitality industry and catered events. They are making event planning easy and fun.

And, they are announcing a new round of capital with which to do it.

Yesterday, Social Tables announced a $1.6 million round led by Militello Capital. Most of the new money came from previous investors like 500 Startups and Fortify Ventures, as well as previous angel investors. New investors include Goldin Ventures, Middeland Ventures, K Street Capital, customer-turned-angel (always a good sign) Philip Dufour, and Sameer Gulati.

Jonathon Perelli of Fortify Ventures talked to Nibletz about his firm’s participation in the round: “It was a quick decision for Fortify and other existing investors to increase our investment in Social Tables in this current round. Dan Berger is a unique blend of hacker, hustler, and designer, he is a visionary CEO and he leads, hires, and manages well. Socia lTables is a clear leader in the event planning software arena and we at Fortify are strong believers in the company’s future.

Perelli will be on hand for the upcoming Everywhere Else Cincinnati conference in September.

In the last year, Social Tables has shown plenty of reasons for investors to be confident. Each month they average about 65% growth in booked revenue. Their hotel clients include franchises of Renaissance, Crown Plaza, Sheraton, and Hilton. Nonprofits, corporations, and academic institutions have all used the tools to plan events.

“Over the last year we’ve been able to prove our business model and the company’s true potential.  We’ve decided to take advantage of the market opportunity by bringing in new capital so that we could scale the business even faster,” said Dan Berger, the company’s founder and CEO in a statement.

The new money will be used to expand staff and explore other markets and verticals.

We often hear that it’s too hard to get funding if you start a company outside Silicon Valley. But, Social Tables is proof that the right companies everywhere else can be just as successful at raising money as companies in the Valley.

At the Soutland Conference last month, Paul Santinelli gave startups everywhere else some advice:

Stay put.

Find great talent.

Tackle a big problem.

The money will follow.

With stories like the one from Social Tables this week, the everywhere else ecosystem has reason to believe that’s true.

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13 Startup Ideas We Left On The Table (For Now)

Startup Tips, Guest Post, YEC

Question: In another life, what startup would you have founded?

Food Startups Sound Delicious

“In fact, I almost did start this business, but I changed course. This would have been a service of meal planning, making shopping lists, buying the food you need and delivering it to your door. I think a lot of busy people who want to eat healthy but don’t have time to sit down and write a menu plan for the week would dig it.”

Electric Cars Are the Future

“With fuel prices soaring and health/environmental concerns continuing to plague the US automotive industry, I think there’s a terrific opportunity for someone to create a sexy, affordable electric vehicle. Equally important, there must be a charging network in reach of nearly everyone. With built-in WiFi and a Siri-like assistant, this car would make traffic seem more like a treat!”

Exploit the Ultimate Combo

“Two of my favorite things in this world are beer and ice cream. I’ve always fantasized about opening up a beer and ice cream shop or restaurant. The other day, I walked by a shop near me in San Francisco that sells only beer and hummus. Those guys are living my dream!”

Pete Kennedy | Co-Founder and Managing Partner, Main Street ROI

Moon Tourism, Right?

“A flicker of my childhood dream to be an astronaut still burns in my heart. If I was born perhaps a few decades into the future, after the space tourism industry grows with players like Virgin Galactic, I could see myself planning incredible excursions to the moon. Whether it’s for a team-building adventure or vacation, a trip to the moon would be unforgettable.”

Natalie MacNeil | Emmy Award Winning Media Entrepreneur, She Takes on the World

Spartan Races Win!

“When we get real with ourselves, running a software company isn’t what I dreamed I’d be doing when I was a kid. Sitting behind a desk and computer sounded boring. Don’t get me wrong, its a lot of fun, we have a great team and customers, but the ultimate job is what you’d be doing for work every day if you didn’t have to worry about money at all. Spartan Races would be mine!”

Trevor Mauch | Founder, Carrot

Real Estate Is Really Great

“This is a tough question; I couldn’t imagine doing anything else. Perhaps I would have been involved in a real estate investment firm or another type of business in the finance sector, as it’s always been an interest of mine.”

Food Trucks Drive Success

“I’d open a Peruvian/Japanese fusion truck with my cousin from Peru here in San Francisco. We’d get the recipes from my grandma that already makes amazing Peruvian and Japanese food. My cousin and I would cook the food while my girlfriend took the orders. I’d start now if I had the time!”

Jun Loayza | President, Ecommerce Rules

Media Platforms Make Waves

“I’ve always loved the media industry, so I probably would have launched a publication of some kind — which likely would have been a lovely failure! Talking to a large audience is the best way to start a real conversation, and having a platform to lead a discussion has always appealed to me.”

Brent Beshore | Owner/CEO, adventur.es

Spinning Still Makes People Happy

“If I weren’t a photographer, I’d definitely look into the world of deejaying. I think it’s so amazing how music can lift people’s spirit. Just seeing them enjoy what I’m doing and dancing would be indescribable.”

Angela Pan | Owner/Photographer, Angela B Pan Photography

Coworking Daycare Space

“Being an entrepreneur who works 15+ hours a day and who also has a 19-month old daughter, I definitely have thought about the idea of starting a coworking space that had attached daycare services. Entrepreneurs need dedicated work time, possible private office space for phone calls or meetings, but you might not want to leave your kids for 15+ hours a day!”

Share Alike With a Bike

“Thanks to services such as Zipcar and City Car Share, I’ve haven’t owned a car for the past 4 years. I’d love to build on the idea of shared transportation and create a bike sharing service. We’d place pods all over the city and riders could pick up a bike at any pod and return to any other pod. This would be convenient for both locals and tourists — and a great way to stay fit!”

Run Away with Rosetta Stone

“As a linguist, I would have loved to have launched Rosetta Stone. Then I would try and learn all the languages and travel to every country in the world!”

Nancy T. Nguyen | Founder/Sweet Sylist, Sweet T Salon

Starting Up and Serving Tea

“The dream that fell by the wayside is a tea startup. Years ago, I was very close to embarking on a journey called “60 Teas in 60 days.” It was going to be a web series that brought the audience along as I traveled through Asia — tasting tea, interviewing tea masters and exploring tea plantations. After the initial push, the goal was to create different tea blends and a weekly tea tasting show.”

The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, the YEC recently launched #StartupLab, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses via live video chats, an expert content library and email lessons.

 

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Austin Startup BigCommerce Books $40M Series “C” As In Case, Steve Case

stevecaseA few years ago, people were concerned about the likes of Walmart and Barnes and Noble coming into a town and closing down small businesses.

Then, Amazon came along, and we were suddenly worried about the local Barnes and Noble going under.

Amazon is obviously a giant, selling everything from clothes to books to niche home accessories. They operate on razor thin margins and are constantly expanding and revamping. Now, in our home at least, it’s common to hear, “I’m checking out on Amazon. Need anything?”

Amazon could easily take over the world.

Except, people still love their small, local businesses, too. While Amazon is growing in popularity, so is the local movement, and plenty of people would prefer to shop 100% local. They like supporting small operations. If only shopping at small businesses was as easy as shopping on Amazon…

Thanks to Bigcommerce, for a lot of businesses it is.

Based in Austin and Sydney, Bigcommerce has been battling the curse of Amazon since 2009. Small businesses–both brick and mortar and fully virtual–can use the service to set up an online store, and Bigcommerce’s tools will make it as fluid and easy for customers as Amazon. They also have a variety of features that help a small business rank high in search, build apps, and analyze data.

bigcommerceMost small businesses may know very little about running an online business. Bigcommerce helps them out with the Success Squad, a group of employees who train business owners in using the platform. And, their prices cater to the small business crowd with packages starting at $25/month.

On Friday, Bigcommerce announced a series C round: $40 million exclusively from Steve Case’s Revolution Growth VC firm. Case will join the company’s board.

Before this round, the company had already raised $35 million. They weren’t hurting for money, but they have big plans for the extra funds.

“The new funding will help us build out our platform even more quickly, with a focus on empowering mobile commerce, creating a more robust app ecosystem, better serving our clients, and going global,” Bigcommerce said on their blog.

With the explosion of mobile in the US market, the ability to sell through a smartphone is critical. Bigcommerce will soon offer the service to their customers, making them even more competitive with Amazon.

Bigcommerce’s goal is to democratize e-commerce, to make it as easy for the little guy to succeed as the Amazons of the world. With their new investment, the future is looking sunny.EECincyBanner

Everywhere Else: The Startup Conference Comes To Cincinnati

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It’s official. Everywhere Else Cincinnati is the startup conference helping you start where you are. The second event in our Everywhere Else series will take place September 29th – October 1st in Cincinnati, OH at the Duke Energy Convention Center.

This conference will unite the startup community everywhere else for 2 1/2 days of learning, inspiration, and connecting. Enjoy two full days of content from our amazing line up of nationally recognized speakers, three killer parties, a pitch competition between some of the hottest startups, and so much more. Things will get under way with a huge party September 29th in downtown Cincinnati.

Everywhere Else Cincinnati kicks off a huge month of innovation in Cincinnati. The Brandery Demo Day immediately follows the conference on October 2nd, and some of the best designers in the world will be in town for Cincinnati Design Week.


When you’re starting up outside Silicon Valley, you face huge challenges, and it can often feel like you’re all alone. But, all startups everywhere else struggle with the same obstacles.

It’s time for the “everywhere else” ecosystem to come together. Nibletz and the Everywhere Else conference series believe that when we collaborate, “everywhere else” is THE place to be.

Everywhere Else Cincinnati comes with a new theme, tag line, and mission: Start Where U Are. Through our conferences, events, and activities, we want to help entrepreneurs from around the globe start right where they are.  There’s a startup renaissance happening right now, and events like the Everywhere Else conference series are here to highlight that.

Speakers for Everywhere Else Cincinnati include:

  • Jake Stutzman, Founder & Creative Director Elevate.co
  • Dave Knox, Cofounder of The Brandery & CMO at Rockfish
  • Jonathon Perrelli, Founding Partner Fortify Ventures
  • Dan Porter, Founder of OMGPOP
  • Jason Healey, Founder of Blu eCigs
  • Patrick Woods, Managing Director at a>m Ventures
  • Raghu Betina, Managing Partner at The Starter League
  • and more..

A full list of current speakers can be found here, and many more will be announced soon. And, we all know entrepreneurs work hard and play hard. Soon we will also announce the three huge parties where you can relax with 1000 of your closest new friends.

Everywhere Else events are geared towards startups everywhere else, which means we keep the ticket prices low enough that even bootstrapped startups can afford to attend and exhibit.  Tickets will sell out fast, so don’t miss out. We have 200 early bird attendee tickets available for $99 and 30 Startup Village Booths discounted to just $495 (includes exhibit space, 3 tickets, and a huge pitch contest).

You can book your room for Everywhere Else Cincinnati at the beautifully remodeled downtown Cincinnati Hyatt for a discounted rate here.

Come join us as we learn, network, party, and build something huge–the everywhere else ecosytem.

 

Get your tickets now and find more info at eecincinnati.com

Broncos Turn To Local Denver Startup Wayin To Get More Socially Active

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On Friday the Denver Broncos launched a new socially-charged website to help fans stay better engaged with their favorite team. The effort is starting now, during training camp, and will continue through the regular season.

Broncos fans can go to denverbroncos.com/social where they will find an aggregated home screen with all of the official Denver Bronco’s Twitter and Facebook feeds. The official @denverbroncos Twitter account, along with the Bronco’s TV Twitter account, Bronco’s cheerleaders, and several actual Broncos players have their latest Bronco-related tweets and status updates in one central location so that socially active fans can engage.

Right now, during training camp, the site is encouraging fans to look up and use the hashtag #broncoscamp. Using that tag fans can find the latest behind-the-scene goings-ons at Bronco’s training camp.

To pull off this next evolution of fan interaction, the Denver Broncos turned to local Denver startup Wayin, who has already had success creating social pages for the Atlanta Falcons and the St. Louis Rams.

Wayin is an official certified Twitter partner.

“When people want to talk about what is real and current, they do so on Twitter,” Wayin’s senior director of product Hunter Ansley said in a statement. “Enabling brands to display Twitter’s unparalleled in-the-moment content to further engage their followers is a goal we aim to accomplish with our Hubs.”

The Denver Post reports that in addition to The Atlanta Falcons, Wayin was also the social startup of choice for Cheverolet’s SXSW efforts last March in Austin, Texas.

The Denver startup has already raised in excess of $20 million dollars and is chaired by Sun Microsystems co-founder Scott McNealy.

Marc Freeman, the Denver Broncos Senior Vice President of Business Development told The Denver Post that team wanted to create “an engaging experience that gives fans minute-by-minute updates.” Our fans are extremely tuned into social media, making tools like Twitter more important than ever before,” Freeman said.

You can find out more about Wayin here at wayin.com

The St. Louis Rams also use St. Louis startup Bonfyre to engage with fans socially on site at home games.

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