22 Year Old Nick Tippmann’s Party Leads To Cuban Investment In Atlanta Statup Bad.gy

bad.gy,Badgy,Atlanta startup,Nick Tippmann, Mark Cuban,SuperBowl

22 year old Nick Tippmann With Mavs Owner Mark Cuban (photo: IU Kelly School Of Business)

It was SuperBowl weekend in Indianapolis and 22 year old startup evangelist Nick Tippmann was charged with a task by his mentor Larry Chiang. The task, organize a viewing party for the season premiere of ABC’s Shark Tank. To make the task even more stressful, ABC Shark Tank Shark and Dallas Maverick’s Owner Mark Cuban would actually come to the party.

With less than 10 hours lead time from speaking with Chiang until the premiere of Shark Tank season 3 the whirlwind of startup energy went into motion. Tippmann booked the venue, took care of the menu and started formulating a guest list which of course included Startup America CEO (who I’ve now got beat in travel miles) Scott Case.  Both Chiang and Tippmann said that the Westin was very accommodating and that the infamous Don Shula was gracious in accommodating the party in his restaurant. Tippmann pointed out that Cuban hadn’t had a chance to meet Shula until then either.

Somewhere in Indianapolis, Atlanta startup Badgy founder Rob Kischuck was preparing for the Super Bowl. He knew there would be a Startup America event that Friday night and heard about the party that Chiang and Tippmann were hosting later on that afternoon.

Tippmann tells Nibletz exclusively that there were 23 IU students at the party and over 50 entrepreneurs. “My mentor Larry Chiang and I were talking about startups and entrepreneurs at a table with Cuban when Kischuck came up and told us about his startup. Badgy sounded like a great idea…”

Tippmann was shocked at the turnout for the party thrown together with just a moments notice. “It was good for all of the students and entrepreneurs that came out” as to Cuban, Tippmann said “Mark was very approachable, and he gets energized talking to most entrepreneurs. It was a rather intimate setting and a lot of the entrepreneurs were able to get face time with Mark”

As for Badgy, the Atlanta startup’s booth was non-stop at Monday’s TechCrunch Atlanta meet up. Kischuk was pitching from just about 6pm-10pm straight.

Thursday his company announced a $600,000 round led by Cuban.

Badgy helps increase visibility to Facebook marketers with “badges”. The innovative marketing idea also caught the eye of super Angel Sig Mosley who recently came out of retirement with a $25 million dollar venture fund. Bad.gy is also a graduate of Georgia Tech’s accelerator FlashPoint.

Linkage:

Find Bad.gy here at Bad.Gy

Check out Tippmann’s own blog here

Here’s a story about Tippmann here

And our Crowdfunding page, please help us out

Indiana Startups: This Is Nick Tippmann VIDEO INTERVIEW

Indiana entrepreneur and startup founder Nick Tippmann and I have a lot in common. First off we both get carded to buy cigarettes (I know I know I need to quit), and he would probably get carded for NC-17 movies as well. The fact is that Tippmann is actually 22 years old and has already founded a startup that has been moved to the back burner.

Nick’s Impulse Coupons startup has is a great idea but he told us that he couldn’t put the right team together. He also quickly became very involved in the Indiana startup scene and the midwest startup scene. In just the last year (and at 22 but looking 15) Tippmann has: attended all the startup events at SXSWi, hosted a Shark Tank season premiere party for Mark Cuban (which Cuban attended), been to DEMO on DEMO’s dime, Big Omaha,Chicago TechWeek, oh and did we mention that he founded Startup Weekend Bloomington?

Right now the connections that Tippmann has made probably mean he could do anything or go anywhere he wanted. He was able to foster a relationship with Cuban at the party he and his mentor Larry Chiang threw for Cuban while he was in town for the Super Bowl which just happened to be the same weekend as the Shark Tank season 3 premiere.

He’s also formed a relationship with Startup America CEO Scott Case and countless others. Heck 500 startups founder Dave McClure even follows Super Nick on Twitter.

Tippmann is a whirlwind of startup energy with the conviction of only the most hardworking entrepreneurs and founders. He went to TechWeek in Chicago last week with a very unclear plan of where he was staying, locked his keys in the car one night and slept in it the next.

Tippmann takes every opportunity he gets to establish new relationships and nurture the ones he’s already had.

So what’s Super Nick doing next? Tippmann rode the Startup Bus from Cincinnati to South By Southwest. The Startup Bus kicked off at the Brandery and from that experience he knew he wanted to get into the next session which starts Monday. He has joined a team called Flock’d which is pivoting from a bar and restaurant check-in app, to something awesome in the world of sports.

Tippmann will leave for Cincinnati on Sunday but admitted tonight at the Verge event in Indianapolis that he hasn’t packed and has no idea where he’ll live. Lucky for him he drives a Suburban which could grow to be quite comfortable. The co-founders at Flock’d are going to make sure he has a roof over his head so he can get to work spreading the word about their startup and creating the fire that comes natural to him.

So what does Tippmann do in his free time? Well he meets more people, talks about more startups, mentors for the Lean Startup Machine in Chicago, consults with anyone who wants to talk to him and plans his next conquest.

Check out the interview video below:

Yup we’ve got some linkage:

Check out Nick Tippman’s Blog here

Follow Nick on Twitter here

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Shark Tank “Entities” Can Take 5% Equity No Matter What

We talk about Shark Tank on ABC here on nibletz.com quite a bit. That’s partly because it’s a great show about startups and partly because no matter what we’ve reported it’s still my favorite show.

In fact, Daymond John and Mark Cuban have done some great things for entrepreneurs, startups, and even students interested in startups and entrepreneurship. Both Cuban and John speak regularly at entrepreneurship conferences and colleges. John even held a Google+ hangout for high school students studying business.

We recently obtained the application for your business to appear on the Shark Tank. It’s not a top secret application or anything like that. Just about any entrepreneur interested in Shark Tank’s open casting calls can obtain the same application.

We highly advise, that if you’re planning on pitching your startup to Shark Tank in their open casting call, and especially if you make it past that point that you read the fine print.

As the headline states, Shark Tank producer’s Finnmax, Sony Pictures Television, and the American Broadcasting Company (ABC), have some very interesting rights, if you chose to appear on the show.

First off they have an option to receive a 2% royalty of the operating profits of any business that actually appears on the show itself, regardless of whether the sharks invest.


If they decide not to take the 2% royalty they have the option to instead take a 5% equity interest in the business.

Now keep in mind this 5% equity investment isn’t in exchange for any funding at all and isn’t contingent on the startup getting funding from one of the sharks. This is just for appearing on the show itself.

That section of the application does go onto say that the “Shark Tank Entities” will give good faith consideration as to which of the two options the business owner/entrepreneur wants them to have, be it the 2% royalty or 5% equity, however it’s at the sole discretion of the “entities” and the irrevocable option is available for two years.

Shark Tank is currently on break but will return for a fourth season and I will watch every episode as I’ve done on the previous three seasons. But now we all know a little more about the show.

Linkage

Read this story about when a Shark Tank startup gets reneged on 

See more of our Shark Tank stories here

 

Boston Startup: KontrolTV Is Another Cuban Backed Startup Who Won Another Huge Contest

Daniel Gnecco and his father Juan Pablo Gnecco founders of MOVL/KontrolTV (photo bu.edu)

Just moments ago we wrote about Mark Cuban backed startup Kisstixx out of Utah who just won the United States Small Business Administration Video Contest. Kisstixx was able to convince Dallas Mavericks owner and venture capitalist Mark Cuban to shell out $200,000 of his own money on national tv, for the innovative lip balm startup.

KontrolTV was a little different. As our friends at Bostinno.com report. Daniel Gnecco, a senior at Boston University this past school year, convinced Cuban to invest in his family run startup MOVL. The younger Gnecco is a co-founder in the video startup with his father Juan Pablo Gnecco.

As the story goes, Daniel saw that Cuban would be speaking at an entrepreneurship event at Babson. Daniel was able to get into the event and then have some face time with Cuban after he finished speaking.

Cuban reportedly emailed Daniel later that day and immediately started negotiating a deal with MOVL. The talks were interrupted by the ending of the NBA walkout but once basketball resumed so did the discussions between Cuban and the Boston startup.

According to bostinno.com Cuban invested $500,000 into the startup that lets you link your television experience with your social activity via your mobile device. It’s a little more robust than GetGlue.

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Shark Tank Startup From Utah Wins National Small Business Video Contest

You may have seen Kisstixx on ABC’s Shark Tank. The innovative new lip balms that have some kind of attraction, secret formula that makes kissing more compatible, was able to garner a $200,000 investment from Mark Cuban.  When Cuban is asked about Shark Tank startups that he really likes, he often references Kissstix.

The Utah Valley University student founders of Kisstixx, Dallas Robinson and Mike Buonomo, shared their story via video in a small business contest and were one of four winners selected by the U.S. Small Business Administration.

“We are so proud of Dallas and Mike. They are the quintessential entrepreneurs; innovative, driven, disciplined and always learning,” said Shauna Theobald, director of UVU’s Woodbury School of Business Entrepreneurship Institute to UtahPulse.com. “In spite of their rapid ascent into the national spotlight, they remain committed to connecting and collaborating with other startups and with proven mentors. They’ve demonstrated the power of leveraging the resources and networks of the UVU startup community.”

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Mark Cuban: There’s A Bubble In SiliconValley…Nowhere Else

Self made billionaire, ABC Shark Tank Shark and Dallas Maverick owners Mark Cuban recently spent some time with the Wall Street Cheat Sheeet’s, Damien Hoffman. Of course the wonderful “Bubble 2.0” question came up, and Cuban’s response will be a-ok with the target audience of Nibletz, the voice of startups everywhere else.

“There is a bubble only in tech investing in Silicon Valley. Nowhere else in the U.S.” Cuban said in the interview. All of Cuban’s most recent interviews have suggested that valuations in the Valley are way over-hyped. Our West Coast Editor (and co-founder) Brent Fishman has no problem talking abut the wild and crazy valuation of Pinterest. Fishman loves to point out that Pinterest has no actual “business model” in place.

One of the things about Cuban’s assessment being so true for startups “everywhere else” is the fact that even if the playing field in the venture capitalist arena was marginally fair, startups everywhere else already have to work twice as hard from everything else.

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Marc Cuban Offers Advice To Startups Don’t Follow Your Passion?

(photo: Inqusitr.com)

Billionaire tech entrepreneur and Dallas Mavericks owner Mark Cuban offered a great tidbit of advice on his blog, blogmaverick.com last week. That advice “Don’t Follow Your Passion, Follow Your Effort”.

Now to many people this may seem a bit absurd. But if you’ve ever watched Mark in action on Shark Tank this season, or on his guest appearances in season two than you may agree with this advice. Religious watchers of the ABC reality show about startups and pitches have seen one too many “entrepreneurs” leave the shark tank in tears because their passion didn’t transcend to a true business model.

“Mr. Wonderful” Kevin O’Leary is usually the first shark with his jaws open asking the entrepreneurs “That’s great, where’s your sales”. On episode after episode you’ll see people turning out new versions of the snuggie, useless kitchen gadgets and one of my favorites a pet food remedy that the veterinarian promised would prolong a pets life without any data to back it up. The one common thread in many of these unsuccessful pitches was passion.

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Self Funeral Planning Start Up To Be Featured In Season Premiere Of Shark Tank

shark-tank

When the next season of ABC’s Shark Tank starts two women from Minnesota will be pitching their unique start-up called Mywonderfullife.com.

Mywonderfullife.com was founded in 2008 by Sue Kruskopf and Nancy Bush. The website helps people plan their own funeral. Although the business is 4 years old these two women have been bootstrapping mywonderfullife.com as a side project and are hoping to get a much-needed cash flow injection from the judges on Shark Tank.

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