1776 Connecting Federal Employees With Startups

1776, Government shutdown, startups, 1776

By now everyone knows that the federal government is in a shutdown, the first one in over 20 years. “Non essential” federal government employees are furloughed, or temporarily laid off, so that the federal government can save money. Although most predict the shutdown could be over by October 17th, others aren’t sure of the future beyond that. At this point, who wants Congress controlling your future?

One thing is for sure though, and that’s the fact that over 800,000 people are currently sidelined by this shutdown. The shutdown is affecting all kinds of skilled workers, ranging from grounds keepers to people with executive level skill sets. Tens of thousands of affected workers are those with IT skills, some who even have startup experience.

1776, the entrepreneurial hub, coworking space, and incubator in downtown DC is closest to all the action. On day one of the shutdown, they held a federal government shutdown open house/cocktail party where affected federal workers with relationships with 1776 and the startups housed there, came to mingle.

It was after that event that some of the 1776 community came up with an idea for a database aimed at matching displaced federal workers with startups looking for workers. The database, located here, is looking for startups to post job opening and for workers to post their skill sets and find a match.

If your startup has a paid or volunteer position open, you should post it. In some cases federal workers are looking for something to pass the time. In others, they are looking to earn some money on the side.

What a startup will hopefully get, is a skilled worker and maybe even a long term team member that may perhaps, transition to working for the startup when the furlough is lifted.

In addition to the database, DC entrepreneur and designer Mike Aleo, who previously worked at the White House as a designer, has created this site to keep people up to date with how long the shut down has been going on. Now he’s looking for resources for people who have been displaced.

As for the database itself, while it started in DC and DC has the highest concentration of federal workers, there are no restrictions or geographic boundaries. There are federal workers in just about every city across the country.

If your startup is looking for help now, check it out.

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10 Best Blogs For Business Advice

YEC, Everywhere Else, Startups, Startup TipsQuestion: What’s your favorite blog for Internet-based business advice?

Start with SEOMoz

The Daily SEO Blog from SEOMoz is filled with articles on marketing, brand building, community management and more. The company embraces transparency and often shares their own strategies and metrics to better help other online companies. Using the advice from the SEOMoz blog, we’ve managed to increase our traffic by 10 times in the past year. Thank you, SEOMoz!”

Opt Into Unbounce

“What Oli Gardner and his team have built with the Unbounce blog is amazing. This is my favorite because they have incredibly useful infographics on the process of internet marketing. Very few blogs go as in-depth on internet marketing as Unbounce. Make sure you check out their “Noob Guide to Online Marketing,” which is a great cheat sheet to continuously grow your company’s brand online.”

Make Use of Mixergy

“I love these targeted interviews from Mixergy that I can watch with Andrew Warner and his guests. Generic advice just isn’t as valuable, and being able to watch the guest adds another dimension. The interviews are inspiring and always leave me with ideas, tactics and strategies to implement in my business.”

Learn From @ASmartBear

@ASmartBear is a really insightful blog for startup entrepreneurs, founders and CEOs with a focus on marketing and customer acquisition. Jason Cohen, the author of the blog, previously built a multi-million dollar company without VC money, and then sold it for cash.”

Anita Loomba for More Media

Anita Loomba has created a fantastic social media and online marketing blog that displays visual infographics and provides relevant and valuable information for anyone looking for ways to get a handle on their social media. You can subscribe to her blog through email too, which helps when you’re on the go and not at your computer!”

Stacey Ferreira | Co-Founder and Vice President, MySocialCloud

The @KISSmetrics Marketing Blog

The @KISSmetrics Marketing Blog has some of the best Internet marketing advice I have ever found. They are wonderful about breaking down complex techniques into step-by-step instructions. It’s one of the few business blogs online where I don’t feel like I have wasted 10 minutes of my life, reading the same old advice rehashed over and over again, like elsewhere!”

Find Fred Wilson on AVC

“Fred Wilson, a VC and principal at Union Square Ventures, has a daily blog called AVC that he has written for years. His posts are insightful (check out the archives too!), but even more valuable is the comments section, which often runs hundreds of comments deep. Each post is a dense discussion of savvy Internet-based business advice from entrepreneurs, VCs, marketers, sales folks and more.”

Aaron Schwartz | Founder and CEO, Modify Watches

Vin Vacanti’s How To Make It as a First-Time Entrepeneur

“Yipit co-founder and CEO Vin Vacanti writes a blog that is full of thoughtful, honest, actionable and inspiring lessons. Especially relevant to the first-time entrepreneur, but really relevant to just about anyone, each of Vin’s posts is a winner.”

Derek Flanzraich | CEO and Founder, Greatist

Peek Into PandoDaily

PandoDaily offers a great alternative to actual insightful news in the Silicon Valley, and the interview they do with prominent investors and founders are great for interesting insights and learnings.”

Jesse Pujji | CEO, Ampush

Read Neil Patel at Quick Sprout

“Big supporter of Neil Patel’s blog at Quick Sprout. He consistently publishes high-quality, resourceful articles on Internet-based advice. Definitely recommend following it.”

Ben Lang | Founder, Mapped In Israel

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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ThinkBig Accelerator Partners With Microsoft Ventures

KC, Thinkbig, Microsof, startups, acceleratorKansas City’s ThinkBig accelerator announced this morning a brand new partnership with Microsoft Ventures. This new Microsoft partnership compliments the Microsoft BizSpark program to the select few accelerators that have been chosen.

Microsoft Ventures currently has accelerator locations in Tel Aviv, Bangalore and Beijing and will open or partner with several more soon, including ThinkBig.

This announcement comes ahead of Blake Miller’s presentation at the national Everywhere Else Cincinnati conference that kicks off Sunday evening. Miller was going to save the news for the upcoming iKC conference in Kansas but chose to reveal the news now so that he is available to speak with other accelerator heads and startups at next week’s Everywhere Else conference, about the new partnership.

Think Big Accelerator in partnership with Microsoft Ventures will be one of only a few partnerships of its kind in the United States. Microsoft Ventures will act as a strategic partner for promising startups in the Think Big Accelerator program focused on business growth, customer development, industrial strength technology and beautiful usable products.

According to Cliff Reeves, who leads the Microsoft Ventures Community team, “Entrepreneurism is a local phenomenon everywhere, and Think Big Partners represents the best of KC as well as startup reach nationally and globally. We’re very pleased to be working with them to find and support great startups.”

The partnership between Think Big Accelerator and Microsoft Ventures will provide accelerator companies access to even more mentors, resources and connections. As Microsoft Ventures is a corporate run partnership with the intent to engage and support a select few independent accelerators per geo, the local Microsoft field office will play an active role in day-to-day support and mentorship of Think Big Partners’ startups as part of this partnership. While the Microsoft BizSpark program will be providing software, support and visibility to the startups, Microsoft Ventures will be providing additional resources through this limited partnership to better enable the startups success on the Microsoft platform while they develop their business as a whole. Along with providing consistent access to Microsoft technical resources and devices, startups engaged in the Think Big Accelerator will have the opportunity to qualify for additional benefits via the BizSpark Plus program where startups qualify for a rich set of offers including Office 365 and Azure.

“We at Think Big Partners are very excited to grow what has already been a great learning relationship with Microsoft,” says Miller, Director of Think Big Accelerator.  “The resources that Microsoft adds to our checklist-oriented process will help us get entrepreneurs from idea to first customer faster and even more efficiently.”

While many accelerators do offer the BizSpark program, the Microsoft Ventures sponsored accelerators have even more amazing benefits.

You can find out more about Think Big KC here.

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Silicon Prairie Startup Flywheel Launches, Words Press Hosting Re-Designed

FlyWheel, Dusty Davidson, Silicon Prairie News, Omaha startup, startups, launchOften times when we talk about our friends at Silicon Prairie News we talk about our friend Jeff Slobotski, as the “Chief Community Builder” Slobotski is often times the face of SPN. His co-founder, equally as vested in the Silicon Prairie region, Dusty Davidson, is often times very busy building something.  Well after six months in beta his latest “something” is now launching, and it’s a relief to many designers reliant on the WordPress platform.

Davidson along with partners Rick Knudtson and Tony Noecker have launched “FlyWheel”. The team, which Davidson calls a “…dream team of founders” has launched a “premium” WordPress hosting platform built for designers. “We’re re-imagining what it means  for designers to host and launch sites on WordPress, and for them to collaborate with customers and other designers and developers. ” Davidson told us an in email.

flywheelscreenOne of the things that sets FlyWheel apart from other hosting platforms is that they strictly WordPress. “All we do is WordPress, our servers are tunes specifically for WordPress, ultrasecure and have top performance” Davidson said in a statement. That makes “light speed’ normal speed for designers that use FlyWheel for their sites.

dundee-spFlyWheel allows design firms to launch demo sites for free and then easily transfer files to a client site to “go live”, a feature which Elevate’s Jake Stutzman, finds particularly useful. FlyWheel will allow a webspace for actual collaboration rather than having to send stills back and forth through collaboration platforms like BaseCamp.

To that end, FlyWheel has made it very easy for a designer to grant access to their site without having to send usernames and passwords back and forth through email, which may open up a client to a designers entire portfolio.

FlyWheel also caters to designers by cutting out a lot of the technical jargon found with hosting companies. Even with a technical background Knudston told Silicon Prairie News  “I joke … what are acronyms like CGI? Or what version of PHP is it running? Or things like SSH access,” which is one of the reasons he came up with the idea for FlyWheel.

flywheelscreen3“The problem that we’re trying to solve is specific to web designers and agencies who manage large numbers of sites,” Davidson said. “Somebody like (Omaha design firm) Grain & Mortar will design 30 WordPress sites a year, and they need to manage those … they have to log into 30 different hosting accounts, or they have to remember passwords and user names or they have to do things that make managing that many sites and launching sites in that manner very difficult for them.”

FlyWheel also features an integrated management tool that allows design agencies to quickly get an overview of all of their WordPress projects and quickly login to a clients site, share credentials with a client or even bill a client for their FlyWheel hosting.

You can check out FlyWheel now at getflywheel.com

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What Do You Do With Your “Aha” Moment?

7585929376Eureka! Bingo! Aha.

The “aha moment:” the very second you know that what’s in your head makes sense. Sometimes this “aha moment” means more, though. Your aha moment is that idea that makes your eyes light up and your “free time” turn into daydreaming and/or planning sessions.

Everyone has ideas, but not everyone has an “aha” moment. But, those that do have some pretty special stories.

Though I didn’t know it the first time we shook hands, Brandon Twitty, Founder and President of Dead Inventory Management System (DIMS), is a Marine. “Tatted up” a bit, he gives the impression of a Dwayne Johnson, The Rock, mixed with a young Rocky Balboa at first glance.

“In my eyes, there are two types of ‘aha moments,’” he says. “One is, ‘yeah, I’ve got an idea, and yeah, it’s going to work.’ The other is, ‘I don’t care about anything; I don’t want another job, and this is what I want to do.’”

Most people would still consider the United States to be the wealthiest country in the world. There’s another thing that Americans are usually famous for too: waste. Witnessing firsthand this now commonplace aspect of American life, Twitty saw the opportunity lying in front of him (and all of the other employees of his former company, for that matter) quite literally being thrown in the trash.

What exactly happened, though? He explains, saying, “I was there on a Saturday, and I saw all these guys walking and wheeling away big boxes of [automation parts]. I’m an automation engineer, and I can write programs for automation lines. I knew how to program these machines. But these guys were coming back with nothing, and I knew that the only thing down there was the dumpster. ‘What did you do with all that stuff?’ I asked them. They said they threw it away. So I went and got it and sold it. That was valuable stuff.”

I asked him if the company had a problem with what he was doing, to which he responded with a nonchalant, “No, they don’t care. They do it every four months.”

After asking around the company a bit, he was able to hit the nail on the head. The reason his and other companies around the world throw perfectly good, usable products away: it’s a hassle. Companies could list the products on eBay, but it took too much time. They could keep the inventory in a corner and try to sell it later on, but it takes up dollars and space in the warehouse. Nothing was easy, and nobody wanted to take the time to do it.

Boom. Cue “aha” moment number one.

Twitty programmed a scanner to scan all the extra items in the warehouse companies wanted to sell. “You scanned the item, the scanner took that information and pulled all of the necessary data from the web, and it created a listing for that item. It basically created a full eBay listing in three to five seconds.”

For any of you who have ever tried making any money off of eBay, you know it’s impossible to list items that quickly and that efficiently. Now imagine doing an entire warehouse full of items. I’ll take the scanner.

The second “aha” moment came more like a slowly-realized epiphany.

When Twitty was asked why he thought he could get away with this, his answer was simple.

“I’m a Marine; I’ve been through hell and back. Then I was working 80 hours a week – every week – and I didn’t go home until I got the machine I was working on up and running again. If we had orders to fill before the end of the year, I was there on Christmas Eve…The work wasn’t worth the pay. I knew that I could do all of this stuff by myself,” he said. So he did. Aha.

“As an entrepreneur, you realize you can’t do it all by yourself. So it’s important to have a good team to back up your ‘aha’ moment, and I think I’ve got a good team,” Twitty finished.

(Note: Since then, DIMS has now moved to a cloud-based system for their own online marketplace: www.manufacturersinventory.com.) DIMS was founded in 2011 and is headquartered in St. Louis, MO, where they became part of the Spring 2013 class of the St. Louis-based Capitol Innovators accelerator program. Check out www.deadinventorymanagement.com for more information or follow them on Twitter (@DIMSystem and @mfrinv). 

Tyler Sondag is a startup connoisseur with a hand in anything and everything you could imagine. Hailing from the ever-developing Northwest Mississippi, an alum of Saint Louis University and currently a transplant to St. Louis, Missouri, one of his main missions in life is to get and keep young people engaged in the entrepreneurial ecosystem.

Omaha’s Straight Shot Accelerator & First National Bank Of Omaha Holding Code One Hackathon

CodeOne, First National Bank of Omaha, Straight Shot, Hackathon, Startups, Nebraska Startup, Code CrushOmaha’s new accelerator, backed by Dundee Venture Capital, Straight Shot, is making waves in Silicon Prairie. The cohort based accelerator, led by Faith Larson, is taking a big city approach to their accelerator class. Larson and her team have provided an intense amount of mentoring activities, speakers and networking events to make sure their teams are more than ready come demo day.

They’ve also taken a firm position in Omaha’s rapidly growing tech community. Their latest effort is a hackathon happening next weekend called CodeOne.

When Straight Shot partner First National Bank of Omaha decided that they wanted to see some new ideas and technology for their online web platform they turned to the team at Straight Shot. Together they decided to host a hackathon and engage the tech community to help with the banks platform.

The hackathon starts next Friday afternoon and runs through Sunday. Food, drinks, and plenty of caffeine will be supplied to the registrants. The bank is transforming their WinterGarden employee cafe space into a collaborative workspace for all of the hackers

Hackathons like this have created a stir in startup communities in the past. Perhaps most notably was Nashville’s “Code Crush” event. Some hackers are leery of corporations backing a hackathon for the sole purpose of developing their companies technology.

To that end First National Bank of Omaha has been a great partner to the Omaha tech and entrepreneurial community. Not only that but they are giving away $13,000 in cash for the top three teams. First prize is $10,000 cash. Second prize is $2,000 cash and third prize is $1,000 cash.

Throughout the weekend event First National Bank of Omaha will also be looking for potential candidates for their internship program which could lead to employment with the bank down the road. They’ve also made it quite clear developers will be developing for the First National Bank platform. I also hear that the food will be great, we’re not talking just chips,soda and pizza.

It’s looking like CodeOne will be an amazing event for developers, designers, coders and hackers. You still have a few days left to register and if you’re confident your three person team can knock it out of the ball park there could be some money in it for you as well.

Here’s a link to registration.

While you’re at it don’t forget to register for Everywhere Else Cincinnati, the huge national startup conference is just two weeks away. Dundee Capital’s Mark Hasebroock is one of our 30 top notch startup speakers.

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West Capital Advisor and Draper Triangle’s Mark Richey Added To Everywhere Else Cincinnati!

Mark Richey, Everywhere Else Cincnnati, startups, startup conference, investorWith less than 2 weeks to go for Everywhere Else Cincinnati, we’re still letting speakers out of the bag. Everywhere Else Cincinnati is shaping up to be the destination conference for startups everywhere else. The conference will feature 30 great startup and investor speakers from across the country. We’ve kept ticket prices low to allow even the most bootstrapped startups from everywhere else the opportunity to afford and attend a major startup conference.

We are pleased to announce that Mark Richey, Venture Partner at Draper Triangle Ventures and Managing Director/Founder at West Capital Advisors, will be one of our featured keynote speakers during the Everywhere Else Conference September, 29th through October, 1st in Cincinnati Ohio.

Mark is an experienced technologist, executive, founder, and private equity investor.  Most recently, he served as a Managing Director in Draper Triangle Ventures, an early stage venture fund and affiliate of the Draper Network of funds headed by Draper Fisher Jurvetson in Menlo Park, CA.  Mark maintains a relationship with Draper Triangle in the role of Venture Partner.

Mark has been involved in many entrepreneurial ventures.  Mark founded Synchrony Communications in 1997 raising $38 million in funding from leading VCs and strategic investors, including Charles River Ventures, APAX Partners and GE Equity. He grew the company to a size of more than 130 employees in four cities serving over 80 customers, including Cincinnati Bell, Bank of America, and Proctor & Gamble.   In prior years Mark served in management roles with a series of venture backed Silicon Valley companies, including Gain Technology (sold to Sybase), Siebel Systems (IPO), and Genesys Telecommunications (IPO).  After graduate school he worked in management consulting with Theodore Barry & Associates (Los Angeles).  Mark began his career as a software engineer with Cincom Systems (Cincinnati).

Mark holds an M.B.A. from The Kellogg Graduate School of Management, Northwestern University, and a BS Systems Analysis from Miami University. He currently serves as an observer on the boards of Thinkvine, Oversight Systems, and CardioInsight, the advisory board of Priority Consult (division of Mayfield Spine Clinic), and the TechColumbus Investment Committee.  Mark is a past member of the Business Advisory Council of Miami University’s Richard T. Farmer School of Business Administration.

You can get attendee tickets or register for a Startup Avenue booth below. For more info on the conference visit eecincinnati.com

Pros And Cons of Working At A Startup [INFOGRAPHIC]

Entrepreneurship is on the rise. The US, as well as other parts of the globe, are turning to startups, innovators, and entrepreneurs to reinvigorate the economy. As entrepreneurship and startups become more popular, working for startups is becoming the “in” thing to do. It seems more and more MBA’s, college graduates, and even people who didn’t go to college at all are turning to startups for work rather than blue chips.

The folks over at VentureVillage have compiled an infographic that shows off the Pros and Cons to working at a startup.

The Pros are of course things like culture, flexibility, and more responsibility. Factors like low compensation, bad work/life balance, and instability top the negatives when looking at a startup job.

If you’re looking to work at a funded startup you may have better luck than working at a bootstrapped startup. However a bootstrapped startup may offer you opportunities a funded startup can’t, like outrageous equity.

It’s apparent that working for a startup is a gamble in itself, but it could payoff. It’s hard to believe but companies like Facebook, Twitter, Instagram and even Google were at one time startups themselves. Their earliest employees are all pretty well off now.

Take a look at the infographic below and for more visit venturevillage.eu

work for a startup, startups, startup infographics

 

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YES!!! Denver Hutt To Speak At Everywhere Else Cincinnati

Denver Hutt, Everywhere Else Cincinnati, startups, Bad Ass Startup Chicks

Denver Hutt (center) surrounded by entrepreneurs. (photo: Facebook)

We’ve got some great news to report this Friday morning! Indianapolis bad ass startup chick Denver Hutt says she’s feeling up to speaking in a couple of weeks at Everywhere Else Cincinnati.

Hutt is a true startup champion. She’s a connector, an entrepreneur, and a startup junkee. The native of Santa Monica, California moved to Indianapolis for college and by choice stayed there to start pursuing her entrepreneurial career, which includes running the Speak Easy startup and coworking space.

She’s been a hustler all of her life right up until, and now through, the point where she was diagnosed with cancer. When (with her permission) we first reported the news back in May the startup world was devastated. Hutt is a person who’s known to go to as many events as she can. She’s a networking machine, and she really gets things done.  Her story also became a lesson for entrepreneurs with the go-go-go lifestyle to take a minute to take care of ourselves.

Prior to this news Hutt was one of the first women featured in our Bad Ass Startup Chicks spotlight.

While Denver is putting up a tremendous fight, the way only a die hard entrepreneur could, she’s unfortunately not out of the woods just yet. Fortunately for us though she’s well enough to make the trek from Indianapolis to Cincinnati for Everywhere Else! She is looking forward to reconnecting with many people that she met at our Memphis conference back in February.

We ran a follow up piece in August and challenged Denver to make it to the conference.We’re so glad she’s accepting the challenge!

What? You don’t have your Startup Avenue booth or Attendee ticket yet? Get them below.

 

 

Mark Cuban Shows Variety In Portfolio With Latest Startup Investments

Mark Cuban, Fiscal Note, Ranku, Funding, startup

Some may think that Mark Cuban’s investment strategy is all over the place, but teh truth of the matter is it goes hand in hand with his varied background. Cuban’s career crosses a variety of industries, all of which were self taught.

Cuban began his career as a self taught computer salesman who didn’t  even own a computer. From here his next big accolade is selling broadcast.com to Yahoo, starting HDTv (now axs). Now he’s also a NBA franchise owner, shark on ABC’s Shark Tank, dancer on Dancing With The Stars, startup investor, philanthropist, and more. With all of that in mind Cuban is still just one of the guys, just ask anyone that knows him or frequents places he likes to hang out.

Cuban’s investment portfolio encompasses lots of industries. He’s invested in things that touch his TV business like Tivli and One Condition. He’s also invested in app selling company Apptopia, multilingual analytics firm Linquasys. and local rewards startup Badgy. That doesn’t even scratch the surface of Cuban’s portfolio; you can find more of his investments here.

Cuban’s two most recent statup investments are equally diverse.

After meeting Kim Taylor at the Kaplan accelerator program for edtech startups, Cuban led a $500,000 round for Ranku. Taylor also happened to be one of the featured entrepreneurs on Bravo’s reality show about startups called Startups: Silicon Valley.

Ranku ranks colleges by the success its graduates have with finding jobs rather than how they rank on the US News & World Report list. Obviously this is a much more relevant way to rank schools for students headed into college.

On Wednesday evening TechCrunch’s Anthony Ha reported that Cuban has also backed legislation tracking and prediction startup FiscalNote.  The $1.2 million dollar round will help the startup continue working on new technologies to support their original model.

FiscalNote provides a service to businesses that keeps them up to date with legislation across all 50 states that may affect their business. Co-Founder and CEO Tim Hwang told Ha that many businesses are affected by these changes in legislation and for a business to keep up with them they would need a large staff hitting refresh on all 50 states websites continuously. Beyond that they would need to decode that legislation and see how it really affected their business. FiscalNote’s algorithm does all of that for them.

For more on Mark Cuban and his  startup investments check this out.

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Y-Combinator Is NOT The Guarantee Some Think, Two 2011 Startups Close Up Shop

YCombinator, TutorSpree, Leaky, startupsIt’s no secret that startups fail, and they fail in large numbers. It may seem like startups “everywhere else” have the deck stacked against them from the beginning, because they do. Access to capital, mentors, and talent are three of the biggest road blocks to startups outside the major tech hubs. That’s one of the big things that will be discussed at Everywhere Else Cincinnati.

There are startup accelerators everywhere. Some of them are naturally better than others. Some accelerators focus on a theme, like the Brandery on branding and ZeroTo510 which is solely for medical device startups. Others, like Techstars and Y-Combinator have huge brand equity.

Even after a demo day at an accelerator, many startups have trouble locking up follow-on funding. Some are able to raise a decent seed or Series A round and then run out of steam.  While we hear these stories all the time from everywhere, there are still some founders and entrepreneurs who believe Y-Combinator, 500 Startups, and Techstars companies don’t shut down. It seems we believe there is some kind of fairy dust sprinkled on the co-founders, while others feel that Valley based accelerators have to be great because they’re in the Valley.

Y-Combinator is often thought of as the creme de la creme when it comes to startup accelerators. It’s the first application startups from everywhere fill out in hopes they’ll get into Paul Graham’s highly esteemed program and then be on “autopilot.”

Well we’ve learned this week that this couldn’t be further from the truth. Sure there are a ton of startups that went through Y-combinator and failed, but we rarely hear those stories. This week we’ve heard two.

On Monday PandoDaily’s Carmel Deamicis pointed out that Spring 2011 YC graduate Leaky has shut it’s doors. The company offered a price comparison web platform for finding the best insurance quote. Call it Kayak for car insurance if you wish. It seemed like a good idea.

That was until the founders decided that rather than building lasting partnerships with auto-insurance companies, they wanted to take the disruptive way. Co-founder Jason Traff and his team weren’t patient enough to build those vital partnerships. Instead, according to PandoDaily and Greg Isaacs the President of competing startup CoverHound, the team at Leaky actually scrubbed the insurance carriers’ websites without their permission and then published the information.

Without the blessings of the insurance companies, the startup was doomed. This is despite raising over $600,000 in a seed round from YC, 500 Startups, and Box Group. As soon as they started publishing rate information without permission they were served with cease & desist notifications.

The Leaky team came up with a way to circumvent the insurance companies based on the fact that insurance companies had to publicly report how they came up with their data and pricing. Leaky built its models around that information, but that too failed.

On Sunday, TechCrunch’s Colleen Taylor reported on the untimely demise of Tutorspree, a Winter 2011 graduate from Y-Combinator. That startup was often dubbed the “Airbnb of tutoring”

After graduating from Y-Combinator TutorSpree went on to raise $1.8 million dollars from investors including Sequoia Capital. They also bulked up their staff to ten to help develop the product that matched students with high quality local tutors.

TutorSpree didn’t go into specifics as to why they shut down. The company’s three co-founders Ryan Bednar, Aaron Harris, and Josh Abrams said:

Ultimately, we learned about the challenges of willing a company into existence, of building an incredible and unique team to tackle constantly shifting challenges. And finally, we learned about how to make the toughest decision of all – to shut Tutorspree down, not because it was not a business, but because we could not make it the company we wanted.

In an email to TechCrunch, Tutorspree CEO Harris added, “We built something we were incredibly proud of, but got to the point where we realized it would not scale in a way that would meet our goals. It was a tough decision emotionally, but it was the right move from the rational perspective.”

We talk startup failure with Lucas Rayala the founder of Altsie, a startup that failed last year. As they failed Rayala chronicled the experience on TechCrunch. See Rayala speak at Everywhere Else Cincinnati.

 

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Apple Leaves Finger Print Scanner, TouchID Untouchable To Developer’s And Startups

Apple, iPhone 5S, TouchID, developers, startups, mobile wallet

(photo theverge.com)

Apple’s CEO Tim Cook, alongside executives Jony Ive and Phil Schiller, took to the stage today at their Cupertino headquarters to unveil the new iPhone 5c and the iPhone 5s. If you’re a frequent reader of technology blogs, you’ll notice that most of the leaked specs actually came to fruition.

Normally when we are building up to an Apple product release there are several “features” that may seem a little outlandish. Often times they don’t actually pan out. In fact there were 127 rumors of Apple changing phone sizes over the years. Only one time were they actually correct.

One of those rumors this year was a “finger print scanner” that would somehow be baked into the new iPhone. Many pundits said no-way was Apple going to put a finger print scanner on their phone. Well they have. Which actually makes a whole lot of sense after seeing leaked photos of a new home button.

As you can see from TheVerge’s photo above the home button now dubs as a fingerprint scanner. When talking about it on stage, Apple execs said that it provides a new layer of security for those who feel a 4 digit code is too “cumbersome”. Of course a finger print scanner also provides an extra layer of security for people who typically use easy to guess four digit codes.

The finger print scanner, dubbed “touch ID,” can work with multiple finger prints, and with any kind of human finger print it takes into account arches, loops, and whorls. CSI Las Vegas fans, you know  what I’m talking about.

In this generation of the iPhone, the TouchID is seen strictly as a security layer for the walled garden within your iPhone. Apple did say you will be able to use your finger print to authorize purchases from the iTunes store. They didn’t say whether you would be able to use it to validate in store purchases with the Apple store app, but that is very possible.

What Schiller was very specific about, though, was that the TouchID information would not be available to other software. Period.  It’s never uploaded to Apple’s servers or backed up to iCloud. The Verge’s Dieter Bohn reported in their live blog.

What is possible is that Apple’s Passbook and future apps designed around security and purchasing will most likely benefit from access to the TouchID, but for now startups hoping to disrupt the mobile wallet with a tie-in to Apple’s Touch ID will find it, well, untouchable.

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Wait, So Co-Working Isn’t Great?

coworking, startups, editorial

Co-working is all the rage these days, and for good reason. Many co-working spaces geared towards startups are really hybrid incubator programs. While co-working isn’t new, it’s definitely grown in popularity.

Today’s co-working spaces are often colocated with other startup programs. Those that aren’t housing an accelerator often host small workshops and other curriculum based activities for their members. Of course spaces like 1871, 1776 in DC and The Nashville Entrepreneur Center all house coworking space, incubation space, and accelerators.

Ok so if you’re not familiar, co-working spaces are office space where you can rent a desk or desk space through membership. They’re ideal for those entrepreneurs, startups, small businesses, and remote workers who work out of the house and either need some real interaction with human beings or want to keep their work life and home life separate. Most co-working spaces offer a variety of plans whether it be a few days a month, weekly, monthly, or annually.

Most co-working spaces throw in all of the necessities for work as well. Coffee machines, fax machines, internet, copiers, and other business tools are often included in rent or membership fees. Many co-working spaces also have lecture rooms, meeting rooms, and conference rooms available for their members to either claim, reserve, or rent.

Bigger cities usually have multiple co-working spaces, and there are several startups like DC based Speek and DC based CONT3NT which actually work out of two locations (1776 and Fishbowl).

Many co-working spaces, including Nashville’s Entrepreneur Center, 1871, 1776, CoWork Jax, and The Iron Yard in South Carolina have generously allowed Nibletz to work out of their space while traveling.

The other underlying idea behind co-working is collaboration and collision. You may find your next great technical co-founder or a developer at the coworking space you’re working at. You may be able to provide some much needed business development help to another entrepreneur, and heck, just like school and college, you may make friends. Wow!

Most co-working spaces are available around the clock and many of them also have activities outside of general “work” like cookouts and even field trips. Several co-working spaces also facilitate mentorship or in-service days for local law firms, PR firms, and accounting offices. All in the name of spurring innovation, growth, startups and the economy right?

Well this past weekend Business Insider took a different look in a piece called Montessori Management. In that piece they explored the backlash that several entrepreneurs are having in the co-working space.

Some entrepreneurs feel that co-working is distracting. Others feel that co-working spaces are ripe for stealing ideas, and many feel like forced collaboration actually feels–well–forced.

Business Insider takes a much deeper look though, tracing the roots of Google founders Sergey Brin and Larry Page who had Montessori educations. An education that promotes democratic learning, collaboration where everyone has a voice.  Amazon founder Jeff Bezos and Wikipedia founder Jimmy Wales also had Montessori educations.

Knocking down walls and throwing in gigantic tables for everyone to work at seems like a good idea on the surface. Perhaps in the startup or small business “co-working model” it works. It seems to work whenever we work out of a co-working space, but for big corporations is it the way to go?

Some people believe that the forced collaboration and the atmosphere created by it can actually be detrimental to business. To some the “Kumbaya” approach to working and collaboration isn’t the way to go.  “A focus on interpersonal harmony can actually hurt team performance,” Mark de Rond a Cambridge academic told The Economist. Sometimes there is so much collaboration and so many meetings on top of meetings that people are meeting and collaborating to decide if they are going to meet and collaborate, all the while getting nothing done.

Shifting back to the startup co-working space though, I am definitely still on the side that co-working is good for startups. With the failure rate of startups, co-working spaces give you an opportunity to meet like minded colleagues who may need you or who you may need down the road. In our experience, nothing bad has come out of co-working. In fact we got our Managing Editor after co-working at the LaunchPad in Memphis.

And, just so you know, here are some great coworking spaces around the country.

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Chicago Startup Personify Merges Human Interaction With Digital Content to Make Presentations More Personal

Personify, Chicago Startup, Immersive Video,startups, startup interview

We’re still far away from teleporting technology. In the meantime a Chicago startup called Personify has found a way to make remote presentations more personal.

Using depth sensing camera’s like the one found in the Microsoft Kinect, the company’s product called Personify Life, puts someone giving a presentation as close to being in the room as possible.

“Most remote presentations, including webinars and PowerPoint slideshows, lack the personal component that make in-person communication successful and keep audiences engaged. Personify Live brings those critical elements back by seamlessly merging human interaction with digital content,” a company spokesperson told Nibletz in an interview.

Personify boasts an incredibly well educated team of founders who are working on something that will make boring old meetings much more engaging. It’s almost like a hologram of the presentation giver is in the room.

We got a chance to interview the team from Personify. Check out the interview below.

What is your startup called?

Personify Inc.

What does your company do?

Personify is an immersive video communication company that bridges the gap between communicating remotely and talking face-to-face. Personify products create a deeper sense of presence while remote by seamlessly merging human interaction with digital content.

Personify Live, the flagship product from Illinois-based Personify, uses a virtual-green screen technology called User Extraction to visually immerse the individual in the content they are presenting, enabling the presenters’ body language, passion, enthusiasm and visual persona to dramatically enliven the experience.

With Personify Live, an individual can lead a virtual presentation from anywhere, in a one-to-one or one-to-many setting, and all presentations can be recorded and stored in the cloud. Users simply connect a depth-sensing camera, such as a Microsoft Kinect or ASUS Xtion Pro Live, to his or her PC. Personify Live’s technology was developed for sales and marketing professionals, however, its clients operate in industries ranging from online education to medicine. Personify Live has been adopted by hallmark enterprises and institutions such as SAP, Oracle, LinkedIn, Marketo and the University of Illinois.

The product’s technology is beneficial to a variety of industries, backgrounds and use cases.

Clients across all industries are reporting shorter sales cycles and more engaged audiences. One study found a 60 percent improvement in sales closing rates when online demos were used. In another case, a Personify Live client noted that 90 percent of webinar attendees reported being “more engaged” than with a traditional webinar. Furthermore, studies show a 400 percent increase in perceived learning using Personify Live vs. traditional online education tools.

By using Personify Live, organizations see a substantial increase in its business metrics, including close rates and ROI. Additionally, Personify Live works with WebEx, GoToMeeting, Skype and other traditional Web conferencing solutions for ease of use.

Who are the founders, and what are their backgrounds?

Personify might have the most well-educated group of co-founders of any startup on the planet. Of the five co-founders, four have Ph.D.s and one has a Master’s degree. Three are professors of electrical and computer engineering at the University of Illinois.

Although academics do not have a history of correlating with entrepreneurs and startups, the University of Illinois, and its engineering department, is bucking that trend. The U of I is well known for startup and entrepreneurial successes including Netscape and YouTube. Personify is one of its most recent.

Sanjay Patel, Personify’s CEO, began his career as a chip designer in the 1990s, later becoming the CTO of Ageia Technologies, a company that developed chips to improve the graphics in video games. In addition to his CEO duties, Sanjay is also a professor of electrical and computer engineering at the U of I. Two other cofounders, Minh Do, Personify’s co-founder and chief scientist, and Wen-mei Hwu, one of the world’s foremost experts in parallel computing, are both professors at the U of I as well.

The depth-based rendering of video utilized for Personify’s two products, Personify Live and zChat, slated to be released this fall, was constructed based on Minh and co-founder Quang Nguyen’s research.

Personify’s fifth co-founder, Dennis Lin, holds a Ph.D. from UIUC, specializes in computer vision and is a leader on Personify’s development team.

Where are you based?

Personify, which is headquartered in Chicago, Illinois, also has offices in Champaign and Ho-Chi Minh City, Vietnam.

What’s the startup scene like where you are based?

Personify benefits from the location in Chicago thanks to the city’s burgeoning tech scene. Chicago is home to 1871 and TechNexus, some of the most active and innovative startup incubators in the United States.

Why now?

Personify was founded in 2009 after the technologies needed, including depth-sensing, had developed enough to utilize in-product. Personify Live uses various types of cutting-edge technology to connect people instead of distancing them. The field of perceptual computing, thanks to a movement lead by Intel, has developed significantly and will continue to do so in the coming years. Personify, in fact, is a proud participant in Intel’s perceptual computing movement and was showcased on stage with Intel at the 2013 International CES in Las Vegas, Nevada back in January. Personify Live also utilizes gesture recognition technology which allows a presenter to advance a slide on his or her PowerPoint with just the swipe of a hand.

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

Personify was named a finalist for the Illinois Technology Association (ITA) CityLIGHTS Trailblazing Award, which recognizes companies that have developed or introduced an ingenious, non-traditional and innovative way of doing business or creating a culture that produces significant value and growth for the company.

Personify Live has been adopted by a number of Fortune 500 companies that range in industries from healthcare to education.

Additionally, within six months of launching, Personify Live earned a position as an emerging market leader in the Web conferencing Industry by G2 Grid, a service of G2 Crowd. G2 Grid rates products and services algorithmically in real-time based on user reviews and analysis. Personify Live is currently considered an innovator in the Web conferencing segment, a category that includes Cisco’s WebEx, Citrix GoToMeeting and Skype – all products that integrate with Personify Live.

What are your next milestones?

Personify recently opened their new headquarters in the River North neighborhood of Chicago and announced plans to increase full-time staff by 50 percent in the next six months.

Personify’s consumer-facing immersive video chat tool, zChat, is slated for release this fall, which will bring perceptual computing to consumers and allow users to stay connected like never before.

Finally, in the near future, Personify hopes to be adopted by more companies, both large and small, across the world. Personify Live will hopefully be used to improve communication for these corporations, both internally and externally.

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

More information about Personify can be found at personifyinc.com

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