The Big Day Is Here For Memphis Startup ScrewPulp

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

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

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

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

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

 

Check out more of our Seed Hatchery coverage here. 

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

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

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

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

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

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

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

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

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

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

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

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

Check out their investor day pitch video below:


 

Find out more about Boosterville here at boosterville.com

We’ve got more Seed Hatchery coverage here. 

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Techstars Boulder Announces Summer 2013 Class

Techstars,Techstars Boulder, startup,acceleratorWhile the spring season for startup accelerators is coming to close with a variety of demo days across the country, the summer season is warming up. In fact today we’ll be reporting on three startup accelerators kicking off their summer program. We start the day with Techstars Boulder.

Techstars is one of the most successful startup accelerator programs in the world. They yield thousands of applications every year and only a handful of the best startups get picked to build their products as Techstars branded startups.

Without further ado here are the startups that got into Techstars flagship program, the Summer 2013 session at Techstars Boulder, Colorado:

Screen Shot 2013-05-13 at 11.08.04 PMHull is like Startup Weekend online. Their website claims that you can build social apps in a weekend rather than in weeks. Hull handles hosting,social mechanics, and services integration so the person creating the social app can focus on the features.

 

lechatLeChat hails from Oakland California and promises to be the next revolutionary messaging app. Their website says they are “messaging for modern organizations” and support a host of features including search history, multiple chats on screen, integration with dev tools, native mobile apps and a price poing of $1 per user per month.

 

Augur
According to the Techstars website Augur is a platform that makes mobile and web personal by        intelligently tailoring the experience of each user.

 

givengoodsGiven Goods blends social entrepreneurship with e-commerce in a beautiful website that only sells products that give back. Sometimes here at nibletz we call this “slacktivism”, think Toms and other products that make a difference in the community.

 

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Local startup Elihuu has a funny name with a serious mission. Their platform allows product people to design beautiful products and they help take care of the manufacturing. Their website says: Democratizing the process of design, invention, and manufacturing. We believe new technologies change the thinking around the production of consumer products.

 

brandfolderBrandfolder gives users the tools to build a brand book that would typically cost thousands of dollars from an agency, easily and from a web based platform. While they plan to offer a premium paid product later on, their website says their branding tools will always offer a free option.

 

prediculousAccording to the Techstars website Prediculous is building social sports games for all fans. It looks like this Boulder based startup is pivoting from a social prediction game to something worthy of a much larger audience. Find them online here.

 

 

GoodaprilThis bay area startup offers tax monitoring tools that users can use all year long in hopes to help them have a “good April” Mitchell Fox, co-founder of GoodApril has penned guest posts on several startup focused sites about preparing for and being proactive about tax season. Check them out here

 

adsnativeAds native is an ad server for native content based advertising. Their website says that you can monetize without compromising user-experience. You can find them online here.

 

 

Screen Shot 2013-05-13 at 11.33.20 PMWe met the guys from Snowshoe last year on the sneaker strapped road trip when we stopped in Madison Wisconsin. They seem to have pivoted a little bit since then, now using their original technology as an authentication layer for the internet of things.

 

 

Are you working on your pitch? Check out The Anatomy of a winning pitch deck.

Your Time Is Valuable, NY Startup GetAppRewards Rewards You For Using Apps & Playing Games

GetAppRewards,NY Starutp,startup,TechCrunch DisruptSo this concept isn’t entirely new. This New York startup, GetAppRewards, wants to reward users for engaging with apps and games that are in their app network.

The more time you spend using the apps in the GetAppRewards network, or playing their games, you’ll earn points. Points can be redeemed for things like other games, electronics, clothing, gift cards and more. The hope is that by rewarding users, they will be more loyal to the apps that are in GetAppRewards network.

In it’s simplest for, GetAppRewards is a mobile advertising platform for app developers to get both more users and downloads as well as improve the time that a user engages with their app.

EEATTENDDEAL1“GetAppRewards offers instant rewards to users for spending more time in your app, and viewing in-app advertisements. When we reward users like this, they will reward you with their time, attention and purchases. This is a simple and effective formula that helps you monetize your app to the fullest extent.” the company says on their Facebook page.

They also hope to improve in app purchases:  “With us showering rewards on the users for launching your app, watching video ads and tapping any ads, it’s hard not to make in-app purchases.” they said.

There are other products out there like Junowallet for instance, that reward users for downloading apps. GetAppRewards secret sauce isn’t in just the downloads but also in the engagement and time spent.

Check out our interview below and for more info you can find them on Facebook here.

Have you seen these startup stories from TechCrunch Disrupt?

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Create Your Own Flower Arrangement With Your iPhone Using NY Startup Fl3ur

Fl3ur,NY Starutp,startup,startup interview,TechCrunch DisruptH.Bloom is probably the most well known flower delivery app. They allow you to order flowers from your smartphone and have them delivered to that special someone for whatever occasion arises.

New York startup Fl3ur takes ordering flowers to an entirely new level. Using their proprietary mobile technology a user creates the arrangement they want on their iPhone and then, working with traditional brick and mortar florists, the arrangement is created in real life and delivered.

The big difference between the two is the customization. H.Bloom lets you customize to a degree however with Fl3ur (as you can see in the video) you start with a completely blank canvas. You can arrange whatever you want the way you want. The app also keeps track of the budget for you so you don’t break the bank with a $500 arrangement, unless of course you want to.

sneakertacoFl3ur also allows you to send a screen shot of your arrangement via email, text or social media. You can also take a picture of yourself or the sender and place that virtual bouquet or arrangement in their hand to send as a virtual card. While they want you to use that virtual pic to show someone what’s coming in the real world, you don’t actually have to follow through with sending the order to a florist (but that’s the best part).

Fl3ur officially announced themselves to the world at TechCrunch Disrupt NY 2013 two weeks ago in New York City. Check out our video interview below and for more info visit fl3ur.com

Yes as a matter of fact we have over 35 more startup stories & interviews from TechCrunch Disrupt NY 2013 here.

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New TLD’s Are Making It A Jungle Out There, For That There’s Prague Startup Jungle Navigator

Jungle Navigator,Prague startup,Czech startup,startup,startup interviewLast year ICANN and the powers that be with the internets announced that we were finally going to get some more “Top Level Domains” (TLD’s). For those not quite sure a TLD is an extension like .com, .co, .net etc.

Companies across the globe paid outrageous application fees in hopes that their top level domain names would be selected. The TLD’s applied for ranged anywhere form .llc and .corp to .porn.

As these new TLD’s come online there is room for a new category of startup to navigate through the jungle of TLD’s. In fact the founder of Portland startup AboutUs, has founded Top Level Design (yes also TLD) to hopefully become a registrar for several new TLD’s including one’s the company owns like .blog, .gay, .photography and .wiki.

Mirek Sekera, a Microsoft technologies programmer turned entrepreneur and startup founder in Prague has created Jungle Navigator to help people access information about the new TLD’s and connect them to what they need to get going. Jungle Navigator hopes to provide one stop access to everything related to these new TLDs. New top level domains are big money, in fact, as Sekera points out in an interview, some of the applications for these new TLD’s were upwards of $180,000. That’s just to apply.

We got a chance to talk with Sekera, check out the Czech entrepreneurs interview below.

junglenav-ssWhat is Jungle Navigator?
It is a portal on new domain name extensions (new generic top-level domains – new gTLDs) which were recently introduced by ICANN (Internet Corporation for Assigned Names and Numbers – the organization that controls all the TLDs).
Jungle Navigator’s purpose is to provide information about those new gTLDs. It is available at http://www.junglenavigator.com/ .
The portal is operated through my company Glueo, s.r.o., which I set-up couple of years ago because of my previous project, which wasn’t successful.
In layman’s terms, how does it work? (In other words how would you explain it to your grandmother)
The website is all about domains. Domain is the leftmost part of a web page address, for http://twitter.com/junglenavigator the domain name is twitter.com. The second-level domain is twitter. The top-level domain is .com.
At the time, there is a TLD for each country (country code top level domain – ccTLD) like .us for United States or .uk for United Kingdom.
There is also about 20 generic top level domains (gTLDs), the most common are .com, .net or .org.
The situation about the gTLDs is going to change dramatically: ICANN (the organization that manages all the TLDs) recently introduced  a program that allows any company or organization to come up with their own gTLD.
In the mid of 2012, ICANN revealed more than thousand such domains that almost two thousands companies and organizations applied for. They came with their company names (.google, .microsoft or .canon), city names (.nyc or .barcelona) or just common words like .blog, .app, .free or even .lol or .wtf. It is expected that the company-name gTLDs (brand gTLDs) will remain closed while most of the others will be open for (second-level domain) registration soon.
Jungle Navigator is a website that aims to help people to orientate in this jungle of the new gTLDs. It focuses to people and companies who do not want miss an opportunity to catch the best (second level) domains under the new gTLDs.
It provides information about them like:
– categorization and search;
– syndicated gTLD news from tech blogs and web-zines;
– information about pre-registration;
– general gTLD information and related links;
– discussion.
Who are the founders and what are their backgrounds?
Currently, it is just one-man show, operated by me, Miroslav Sekera, I am a Microsoft technologies programmer (.Net,C#,SQL) with about 10 years of experience and also have some graphic-design skills.
I have friends annoyed with their jobs and I hope I will take some as co-founders soon :-)
Where are you based?
In Prague, capital city of the Czech Republic, famous for architecture and beer with very good quality/price ratio :-)
What’s the startup scene/culture like where you’re based?
There were opened some nice incubators and accelerators in the couple of the last years.
My company is member of one – Czech Technical University’s incubator called Inovacentrum.
Quite often there are startup or startup friendly conferences, workshops or “movie nights”. Recently I was on BarCamp Prague conference (http://en.wikipedia.org/wiki/Barcamp).
If you are any kind of startup person, go to Prague, everyone will want to talk to you as most people here want to be global and get in touch with anyone from outside of the Czech Republic.
How did you come up with the idea for Jungle Navigator?
I have read about the new gTLDs last year, and realized this is a big thing. Big companies like Google are investing huge money and effort into it. Cost for one gTLD application is $185k, and that’s just the beginning (they have other expenses like infrastructure, etc…).
I thought there will be required some place which will provide easy and simple access to all the related and required info, so I created the website.
Why now?
It’s just the highest time – this year, first gTLDs are expected to be operable – first startups will be launching with the domain names ending with the new gTLDs, and first corporations will be switching their websites to their corporate gTLDs. Then IMHO the big rush is going to come and Jungle Navigator must be ready to this.
Who are your competition?
There is one really handy encyclopedia, called ICANNWiki at http://icannwiki.com/ , which (among others) also provides info about almost each new gTLD. I’m not really sure if it is competition, I am massively linking it from my website :-)
Another interesting site is .nxt http://dot-nxt.com/
When listing other new gTLD information resources, I should not omit the official ICANN’s site dedicated to the new gTLDs at http://newgtlds.icann.org/
All the mentioned sites are targeted to domain name experts – while Jungle Navigator tries to provide information to anyone.
And what’s your secret sauce?
I try to watch what the others are saying and doing, but doing things my way.
I am fully aware that it is a cliche, but in my opinion, there many people around startups that are “cargo-cult followers” (http://techcrunch.com/2009/11/01/avoiding-the-cargo-cult-and-getting-the-trans-atlantic-startup-model-right/), they are just doing things because they saw other successful people doing it. And they think they only need to mimic them to be successful as well.
People asked me why I don’t make the homepage a bit simpler. They said: “Look at Google, how their homepage is simple. And they are a hundred-billion dollar company”. Why there is so much stuff on your homepage? Google was, IMHO, successful because of the pagerank, not because of the simplicity of homepage. I am saying that because I remember when I started to use Google instead of AltaVista – because it was giving far better results. Perhaps even their oversimplified homepage is just their kind of style, part of their brand’s “personality” for which people remembers them – I don’t know. Or perhaps it is really better for most of their users.
I am just saying I don’t understand why also my homepage should be that simple. I put there quite a lot of information so that users can see most without clicking.
On the other hand, I don’t insist on that style of homepage. Once I have a reason (perhaps some kind of A/B testing) the homepage should look different, I would think about changing it.
Are you bootstrapped or funded?
Bootstrapped. Working from quite old desktop PC and my biggest expenses are food & coffee, I probably spend more than other people on that :-) But not too much more :-)
What are some milestones you’ve achieved?
– I have managed to get my project up and running.
– On Twitter, Jungle Navigator has some nice followers from the industry, like people from ICANN and also registries (operators) of new or classic TLDs.
What’s your next milestone?
Currently, my product is quite ready, now I need to let people know about it.
In the terms of the product development, I would need to do some usability testing – to find out what kind and what structure of information people need.
Who are some of your mentors and business role models?
Lately, I read book called “Unsinkable Entrepreneur” from Irish entrepreneur Enda O’Coinneen who is currently living in Prague. He is convinced that the entrepreneurship is kind of art, rather than science. I share such opinion.  I don’t believe that success in business can be algorithmized and replicated without putting something else into it.
In the book Enda also writes about his grand-grand-father who went to Alaska in 19th century when there was a gold rush. He noticed that the most successful people there weren’t only the most lucky gold-diggers, but also people who were selling equipment and providing services to the gold-diggers. That’s the approach I like – when there is a kind of some hype or rush, it’s good to be part of it, but it’s also good to start thinking if there isn’t something better to do than the most obvious thing everyone else does.
Where can people find out more and what is your Twitter username?
Jungle Navigator homepage: http://www.junglenavigator.com/
Frequently asked questions: http://www.junglenavigator.com/faq/
Jungle Navigator’s Twitter: http://twitter.com/junglenavigator

What the hell is sneaker strapping?

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Say Your Message In The Sand With SandSign [interview]

SandSign,Startup,TechCrunch Disrupt,startup interviewWell we’ve never seen this idea before. While we were at TechCrunch Disrupt NY 2013 we met Anton Velikanov the CEO and co-founder of SandSign. This unique startup allows users to deliver a customized message in the sand.

In it’s simplest form, SandSign has a network of photographers across the globe. These photographers live in beach areas and are contracted through the website at sandsign.com.

A user goes to sandsign.com and can order a “sand sign” to say whatever they would like. Once the user pays for the order, the photographer is contracted to draw the message in the sand and then they take a photo of the name or message in the sand. They also offer candle signs, where messages are made from candles and signs with video.  The company can also have your message designed in a field and than shot from an airplane or helicopter.

So you see what I mean, I’ve never seen anything quite like this. It makes a lot of sense and messages can cost anywhere from $20-$150 and it’s a unique message, but is it something that can build scale?

Check out the video below and for more information visit sandsign.com

Here are 35 more startup stories from TechCrunch Disrupt NY 2013.

Norfolk Startup “The Pitch” Can Help You Vet Your Pitch

Thepitch,thepitch.co,Zack Miller, Startup,Startup pitchDo you have an idea for a startup? Are you not sure if it’s viable or if you should pursue it?

If you have a full weekend, one of the best places to vet a startup idea is at a Startup Weekend or 48 Hour Launch style event. However not every idea at Startup Weekend gets built. Also, with over 500 events a year there is still an off chance that you can’t get out to a startup weekend.

What if there was a place to vet your startup pitch online. Well now, thanks to Zack Miller, Norfolk startup community leader and the founder of the Hatch accelerator in Norfolk, you can do that.

Thepitch.co is a new site that for just $10 you can test the waters of your startup idea with a panel of industry experts. (*disclaimer I am a “judge” on thepitch.co). Your startup idea can be heard by people who listen to pitches for a living and have had success in the startup world and as entrepreneurs.

According to the Small Business Administration 95% of businesses fail within their first five years, primarily because business ideas have not been validated or socialized through the proper channels.  Additionally, entrepreneurs invest valuable time and resources into their business ideas despite the huge risk that is at stake.  The Pitch allows users to validate and socialize their business idea before investing time and resources.

The Pitch offers critical feedback to an entrepreneur’s business idea without the need to invest resources first.  Pitches are validated by experts and voted by peers.  Although The Pitch can’t guarantee the success of your business idea, it can help better predict the level of interest and the amount of traction behind your idea.

“The Pitch proved to be extremely valuable when it came to our Start Norfolk 3 win,” said Nate Fender, co-founder of HiQualia, an early stage startup that enables video content producers to protect their videos from unauthorized online redistribution. “I was able to receive instant feedback on our go-to-market strategy and in turn strengthen our Start Norfolk 3 presentation.”

Got an idea? Go test out at Thepitch.co

Check out this pitch video from “eatwith” at TechCrunch Disrupt NY 2013

Memphis Startup ScrewPulp Launches Disruptive Self Publishing Platform

ScrewPulp,Memphis startup,startup, Seed Hatchery,AcceleratorWith one week to go in the Memphis based Seed Hatchery startup accelerator program, one of their startups, ScrewPulp, has officially launched (isn’t it nice to see real products at demo days).

Long time readers of nibletz.com, The Voice Of Startups Everywhere Else, are very familiar with ScrewPulp and it’s founder, Memphian Richard Billings. Billings comes from a wide background of creativity, and media. At one point in his career, Billings was a radio disc jockey. Throughout though, he’s been a tinkerer on a very grand scale. For instance his home has a full movie theater and he’s building arcade and pinball machines in his spare time.

So what’s ScrewPulp? It’s a way for self publishers to generate traction by trading their wares for social media mentions, reviews and ratings. In it’s simplest form the model works like this:

– Author publishes their book on ScrewPulp
– The first 25 copies are given away free
– Those people are expected to engage with the material through reviews, ratings and social media mentions
– Readers can continue to get the newest books free as long as they support the model.

After the initial free period, publishers start making money on their book. Pricing is based on how well the book was received, or sales. What’s especially nice for publishers is the platform is non-exclusive and publishers get 75% of the take.

“I want to change a broken industry,” Billings said in a statement. “Screwpulp is removing the obstacles that discourage so many authors, and empowers everyone to take control of publishing’s future.”

ScrewPulp is a product of the entire LaunchMemphis ecosystem. The idea was conceived at a 48 Hour Launch event in June of 2012. From there, ScrewPulp was one of the startups selected to compete in a Global Entrepreneurship Week challenge, which included pitching the concept to Federal Court Judge John Fowlkes. At that contest, ScrewPulp won over $5,000 in cash and prizes.


ScrewPulp founder Richard Billings pitches his startup to Federal Court Judge John Fowlkes.

It was only natural for ScrewPulp to continue iterating and preparing for launch under the development and instruction of Seed Hatchery, Memphis’ cohort based technology accelerator.

“It’s been a fun uphill battle all the way, but we have our work cut out for us after investor day next week.” Billings told nibletz.com in an interview. He’s also very excited about the progress they’ve made to date. ScrewPulp soft launched last week with four books and four authors. In just one week, and with no promotion, marketing or media they now have 23 books from 23 authors, and 250 readers signed up for the platform.

To add to that momentum, ScrewPulp’s mentor, Publishing executive Joe Wikert, will be flying into Memphis to introduce the ScrewPulp team at Seed Hatchery Investor Day next week. Wikert was the Publisher and Chair of O’Reilly Media’s Tools Of Change conference. Wikert has also had executive positions with publishing giants, Wiley and Macmillan Publishing.

You obviously like to read, so go read a book at ScrewPulp.com

Here’s ScrewPulp’s first ever pitch at 48 Hour Launch

This Memphis founder also launched her startup at 48Hour Launch and is now a finalist in the Black Enterprise Elevator Pitch Contest.

Arrington’s Favorite Game, NY Incubator Betaworks’ Dots, Hits 25M Played In A Week

Dots,Arrington,New York,startupLast week at TechCrunch Disrupt NY 2013, Mike Arrington had a sit down with Betaworks’ John Borthwick. After that, the founder of TechCrunch and the Managing Partner at CrunchFund was able to get Borthwick to give him an early release of a game that just hours later would turn into a megahit in the iOS app store. That game was Dots.

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Through a series of tweets, Arrington has kept us up to date with his progress, showing off a score of 290 on May 3rd

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Only to top that score and reach 442 later that afternoon.

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It’s probably safe to assume with big things happening at CrunchFund, like MG Siegler leaving for Google Ventures, Mike’s been a little busy lately and hasn’t had time to brush up on his Dots.

In the meantime though, since it’s release last week Dots has already seen 25 million games played. It’s an addictive little bugger. It’s like that game of dots you would play in grade school on a piece of graph paper, except as an app and with a spin. You can get points every time you connect two or more of the same colored dots.

I’ve been playing the game since day one as well but can’t get past a score of 357. Several of Mike’s followers on Twitter thought he was cheating, but he’s just figured out the strategy. Mike explains to Trustev CEO Pat Phelan:

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Since it’s release Dots has reached #2 on the free iOS apps chart. They also predict they will have one million players by the end of the day.

You can download dots for your iPhone here.

We’ve got over 30 startup stories from TechCrunch Disrupt here.

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Mark Cuban Leads $1 Million Dollar Round For Florida Startup LinguaSys

LinguaSys,Mark Cuban,Florida startup,startup

Mark Cuban (photo: JD Lasica flickr)

Florida startup LinguaSys is the latest startup to graduate out of the Technology Business Incubator at the Research Park at Florida Atlantic University (TBI). The company provides translation and multilingual text analytics to businesses and government.

They’re also the latest startup to catch the investment eye of billionaire Shark Tank investor and the owner of the Dallas Mavericks, Mark Cuban. Cuban has reportedly led a seed round of funding of $1 million dollars that will allow the company to expand into their own offices in Boca Raton.

The TBI is an exceptional facility, and we are proud to have launched our business there,” LinguaSys CEO Brian Garr said in a news release. “It provided us with a stimulating work environment and a variety of resources which helped us to be successful.”

The company was founded in 2010 by three founders that have over 30 years of combined experience in the human language technology space. LinguaSys had their first product out to market within three months of forming.

Now LinguaSys has expanded to Germany and Australia as well as their Florida home base.  They’ve grown to 14 employees and they’re also a partner with Salesforce providing their text analytics capabilities inside the Salesforce Marketing cloud.

For more on LinguaSys visit here. 

Here’s how not to get an investment from Mark Cuban.

Demo Days Are The Worst Source Of Deal Flow? Mark Suster Says Yes

YCombinator,Paul Graham,Mark Suster, Demo Day,startup,acceleratorSince starting our nibletz sneaker strapped startup road trip last year we’ve seen hundreds of startups pitch at countless demo days. Nick and I were finally relaxing with one of our advisors, Patrick Woods’ with a>m ventures, on the last night of SXSW and we had counted over 65 startups that we saw pitch through a variety of demo events at the annual festival.

We’ve also seen countless accelerator demo days and with it being May and most of the spring accelerators graduating this month, we’re on track to enjoy another dozen or so before we get to the thick of the summer. Speaking of summer, last August their were three accelerator demo days in Tennessee alone.

Startup community members and leaders are constantly debating “the rise of the accelerator” and where accelerators should focus their resources. Is the best accelerator model general tech and cohort based? Or vertical and rolling? Who knows, it will take several more iterations until each community finds the accelerator model that works best for them.

But what about demo day?

On Friday Business Insider ran this piece which references an indepth article about YCombinator and it’s historic demo day from the New York Times.  In it, author Nathaniel Rich, quotes an investor saying that YC’s demo day, often thought of as the super bowl of demo days, “used to be a can’t-miss event, but that’s not so anymore. It’s a different vibe. Some major investors are starting to skip it.”

Rich points out that one investor said that YC Demo Day used to be a feeding frenzy for deal flow and it’s just not anymore.

Of course YC’s demo day is all the way at one end of the spectrum. Y combinator is said to take the best of the best and with hits like DropBox and Airbnb, the newer teams know they can set their valuations and standards higher, pricing a lot of smaller VC firms out of the deal. This either leaves VC’s empty handed or startups empty handed.

“The only way for a company to be overvalued is if there’s someone willing to pay that price,” Graham told the NYT. “So what they’re saying is: Going through Y.C. causes companies to raise money on better terms than they would have otherwise. We wouldn’t have the barefacedness to make that claim ourselves!”

Graham acknowledges that YC does take some bad startups though, saying sometimes investors can’t pick out the good startups; “Well, it’s not because the good start-ups look bad,” Graham says. “It’s because the bad start-ups look good! Which means we’re doing our job.”

Business Insider recently shared some of Mark Suster’s, a VC with GRP Partners and the founder of LaunchPad LA, best and worst sources of deal flow from his personal blog.

Surprisingly, blogging was revealed to be the best source of deal flow available. “The sheer number of relationships I’ve built through being public, transparent and being willing to engage in comments and through social media has enabled me to get to know entrepreneurs even before they launch their next company,” Suster said on his blog.

Investment bankers were said to be bad sources of deal flow, but the worst? Demo Day.

“Getting excited about a company at a conference and investing is a sucker’s bet,” Suster writes. “Entrepreneurs raising at prices not normally supported by progress face risks downstream when they have to raise more capital. And that fund raising is part of the job of being an entrepreneur – not something that gets in the way of your doing your job.”

Startup accelerators everywhere else are having a hard enough time getting investors in the door for demo day as it is. One accelerator participant in the middle of the country told us “outside of the investors that had a stake already in the cohort, no investors came to our demo day last year.” That can be hard to swallow.

As to the blogging, we have a handful of angels and VC’s that email us from time to time to get the vibe on some startup we wrote about. We also get thank you cards in the mail from startups that have gone on to raise money after getting their first piece of press from nibletz. To that end, we live off of our crowdfunding so to help out the everywhere else cause, click here.

 

See Dave Tisch’s biggest pet peeve when VC’s are talking to women entrepreneurs.

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Memphis Woman Takes Her Startup Pink Robin Avenue From 48 Hour Launch To Black Enterprise Pitch Finals

Pink Robin Avenue, Memphis Startup,Danielle Inez,Black Enterprise Entrepreneur Conference,startupIn 10 days thousands of entrepreneurs will convene in Columbus Ohio for the biggest celebration of African American entrepreneurship in the country. The Black Enterprise Entrepreneur’s Conference and Expo is four days of celebrating startups, and small businesses led by some of the brightest entrepreneurs in the country.

Names like Robert Johnson (BET), Daymond John (Fubu/Shark Tank) and Magic Johnson are staples within the pages of Black Enterprise Magazine and in the halls of the conference in years past, and present.

One of the biggest attractions at the conference is the Elevator Pitch Competition. Entrepreneurs with new startups and small businesses have 60 seconds to pitch a vetting panel and if selected, a panel of judges on site at the conference. 10 semifinalists have been selected from across the country. Those semifinalists will have 60 seconds to pitch the judges. Then, they will eliminate five of the semifinalists and the remaining five will pitch the judges for 30 seconds. After the 30 second pitches, there is a Q&A session with the judges and then one entrepreneur will win $10,000 to help grow their company.

Danielle Inez, Memphis native and founder of Pink Robin Avenue, has been selected as one of the ten semifinalists. Her startup is a tech hybrid that allows users to order everything they need for the perfect party online and in one box. Their favors, decorations, theme pieces, and everything else they need for the perfect event is then delivered to their home.

Inez initially pitched the concept in Memphis at the Upstart 48 Hour Launch in December. Her idea was quickly chosen to develop out over the 48 hour hackathon. By Sunday afternoon she had won the weekend competition. Early feedback recognized how valuable Pink Robin Avenue would be, especially for busy people.

The founder is also key to the success of Pink Robin Avenue. Inez owns a PR company that specializes in high profile, luxury and celebrity events. Inez also spent part of her career as a wedding planner with exquisit taste and is incredibly organized with an eye for design, and detail that many people are just too busy to notice.

danielle2Inez is a busy woman. She spends her days tending to the details of her PR firm, diPR which includes a mixed portfolio of clients that touch the luxury world, celebrities and even non profit organizations. She spends another full time jobs’ worth of hours working on Pink Robin Avenue.

Although relatively new to the startup space, Inez has been an entrepreneur her entire life. She got a taste of entrepreneurism and non profits when she started a company focusing on mentoring with her mother. Inez put herself through college helping people plan weddings, events and eventually pivoting that business to the PR company.

Now Inez is ecstatic that a magazine that’s been inspiring her since high school has selected her in the contest. “I’m amazed! I’ve followed the contest for a couple of years and I’ve read the magazine since high school. I’m so happy to be able to represent my city and my network of entrepreneurs from the main stage.” Inez told nibletz.com in an interview.

Inez brings a well versed pitch with a bubbly personality, and she knows her stuff, but above all she’s a fierce competitor; “I’m extremely competitive, so first and foremost, I wanna win! This is also an incredible opportunity for exposure for my business and myself; I plan to plant the seed for potentially valuable connections. Last – but certainly not least – I hope to inspire someone else to step out of their comfort zone and take advantage of the platforms that can help grow their business.”

Inez is one of the founding members of Memphis’ Upstart program. Upstart is initiative set in place by Launch Your City and focuses on empowering women entrepreneurs. Elizabeth Lemmonds is the Chief Relationship Office for Launch Your City and the Director for Upstart. She’s been working closely with Inez since December.

” Ever since Danielle brought Pink Robin Avenue into the Launchpad and to our female founder 48 Hour Launch, I’ve been impressed with both her concept and her sheer tenacity. This remarkable opportunity is a testament to both. I’m proud to have worked with her and look forward to the huge things ahead for Pink Robin Avenue!” Lemmonds told us.

Inez’ Pink Robin Avenue and other startups like Mentor Me, currently accelerating in the Seed Hatchery program are a testament to the fast success Upstart Memphis has seen.

The finals for the Black Entreprise Elevator Pitch contest are bitter sweet for Inez who will miss Seed Hatchery’s Demo Day while she is pitching in Columbus at the Black Enterprise Event. “I can’t believe I’m going to miss Brittany’s pitch (Mentor Me), Brit’sbusinss has evolved into something that seems incredibly profitable”. Mentor Me was one of the other startups selected to build out at that Upstart 48 Hour Launch event where Pink Robin Avenue was born.

Here’s Pink Robin Avenue’s second ever pitch at 48 Hour Launch.

Check out Pink Robin Avenue here.

We’ve been tracking Inez and Pink Robin Avenue since day 1 find out more here at nibletz.com

 

No Really Dialexa Is The Most Bad Ass Startup In Dallas

Dialexa,Dallas starutp,startup,TechCrunch DisruptThis year marked my third trip to TechCrunch Disrupt NYC and my 7th trip to a TechCrunch Disrupt event overall. Typically we expect to see some cool big data startups, social mobile startups, food startups and over the last two years, hardware startups. I don’t think in all the startup events I’ve ever been too, I’ve seen anything quite like Dialexa.

Dialexa is a startup themselves, but what they actually are is a technology development company. The company, formed by entrepreneurs Mark Haidar and Scott Harper, Dialexa was founded upon recognizing a huge market demand for innovative and scalable technology solutions. Mark and Scott serve as Co-CEOs jointly spearheading operations, strategy, local and international sales, product development and engineering for clients and Dialexa Labs.

Harper and Haidar met each other at 2GO Software where Haidar was the CTO and Harper joined as Head of Operations. 2GO was the recipient of the 2010 Honeywell Scanning and Mobility ISV Partner Of The Year.

Prior to meeting at 2GO, the founders had a multitude of experience in technology and starting companies. Previously Mark led the development of a state of the art research and development project for the US Army Tank Automotive Research Development Engineering Center (TARDEC).  He was able to successfully research, design, develop, and validate an original service-oriented intra and inter-vehicle communication system for transportation, robotic, and military systems. This technology enhances each vehicle’s situation assessment and awareness in military combat situations and has the potential to help create safer and more efficient highway systems. Scott previously started a web based marketplace for tutors in the college tutoring market, a web based suite of software tools that helped non-profit organizations enable their supporters to give money for free, and was part of an initiative to start up a bank focused on the medical community that heavily leveraged technology and eventually led to the buyout attempt of a several hundred million dollar bank.

So what are they working on at Dialexa? Oh just little stuff like:

A surveillance and protection system for the Nigerian navy. The Nigerian navy is losing $6 billion dollars a year in crude oil. They don’t have the man power or equipment to cover their entire shoreline. Dialexa is developing a system using drones, small submarines, cameras and a monitoring system to alert the navy when people, or machines are stealing their oil.

They also have a GPS system in the works that will allow someone to track anything. The system can track packages, people, kids, money in armored cars, etc. What’s unique about this system is it’s designed to require just a charge once a week and works through a variety of mobile systems.

They also have a system in development that will print 3D teeth from 2D scans. Haidar told us in an interview the entire process of evaluating a tooth for surgery could take months. Now it is down to just hours.

Haidar credits the team they’ve assembled to the success they’ve had so far and the team continues growing. No project or startup is too big or too small for Dialexa. They even have your general mobile startups within their portfolio of companies that they are helping take to market.

Watch our video interview with Mark Haidar below and for more information visit dialexa.com

We’ve got over 25 more startup stories from TechCrunch Disrupt NY 2013 here at nibletz.com the voice of startups everywhere else.

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