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I’m in Seattle this week. Seattle should be the envy of any non Silicon Valley tech community in the country. As I gear up to give a keynote at the annual Seattle 2.0 And I think about the “Seattle issue&# as a metaphor for startups and business in general. My recipe for Seattle or your community: 1.
Today I’d like to talk about what startup communities outside of Silicon Valley look like, how they emerge and what makes them take hold. Most of what I think about startup communities came from mentorship by Brad Feld through hours of private discussion and debate. Think Fred Wilson, Tony Hsieh or Brad Feld.
If you are going to do the tour up and down Sandhill Road to try and raise your 1st round of financing you need a pitch deck because the vast majority of those meetings you are going to be sitting around a table and you will be presenting to one or more partners and that is going to be your first engagement.”. Is that when it became big?
The idea was first born as an idea among the management team at TravelPost , a community for travel enthusiasts. Trovers are passionate about sharing the unique things they uncover while exploring their cities or far away places,” says Jason Karas, CEO of Seattle, Washington-based Trover. Trover CEO Jason Karas.
Other people were in the online community called “ The Well &# (founded in 1985). We were looking for what I call the “6 C’s of Social Networking&# – Communications, connectedness, common experiences, content, commerce & cool experiences (fun!). And so it goes with social networking. And then came AOL.
After years of trying to persuade Kara Nortman to become a partner at Upfront Ventures I can officially announce now that she’s joined us effective immediately. It is rare to find somebody who matches exactly what I’m looking for in a partner so when you find it you act: Academic rigor (Princeton undergrad, Stanford MBA).
It hosts an environment which many other communities have attempted to emulate, although they haven’t and won’t. Many other communities are entrepreneur-friendly and, by any measure, have the tools in place to spawn new high growth companies. The Valley has been a unique place for over half a century.
I am thrilled to announce that we have added Hamet Watt as a Partner at Upfront Ventures. But as sweet as that success has been (we invested pre-revenue in a small team) today my even more important news was the further expansion of our partner ranks. We have been on a drive to add more operational partners. What does that mean?
While we have expanded our partnership to two GP and have a bigger fund, our fundamentals stay the same: we invest at seed / pre-seed, in companies that leverage network effects, and across North America (hubs are SF, Toronto/KW, NYC, Seattle). and love marketplaces , social platforms , and Smart SaaS.
Blake is the founder of CoHabitat, a startup community and hacker co-working space that’s become a hub for startup entrepreneurs, developers, and creatives. Dynamo Labs was the first recipient of fbFund, a grant fund operated by the Founders Fund, Accel Partners, and Facebook. Gabriella Draney, Tech Wildcatters.
From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. AngelList also partnered with SecondMarket to create an investment vehicle for these investments. Seattle Meetup. Seattle, WA. She graduated from Columbia University in 2003, where she was.
I have a vivid memory of bombing a pitch that I was delivering to a group of angel investors in Seattle. The best practice here is to pretend you’re an investor and have your business partner pitch to you. If you don’t have a business partner, deliver your pitch to a mentor or advisor and ask them to be brutally honest.
I feel strongly that the one of the important elements of building a sustainable entrepreneurial community over a long period of time is for the entire existing entrepreneurial community to be extremely welcoming to young college graduates. In addition, it keeps smart, well educated people (college graduates) in the local community.
We also publicly announced two companies, which we invested in at the end of 2014: Volley : a community that connects people who need help with those who like to help. Finally, we are indebted to our LPs, colleagues, partners, portfolio companies, friends, and followers, for their continued support. and two more unnamed.
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There's been a real sense of community built in the company that I think has been helpful in getting everybody through. I had a fever, had a really strong headache, and this was when the first cases in Seattle were happening. Eric Ries : Celine, how about you? Celine Halioua : Yeah. Fred had had.
A huge thank you to all of the Limited Partners who have entrusted us with your capital, time and reputations. Upfront’s Base As you probably know we are based in Santa Monica and as my partner Greg Bettinelli coined, we’re #LongLA. We’ll invest in about 15 new companies every year or just over 2 per partner.
Most authors I know do the best they can—guided and supported by their publishers (and my publisher, Sourcebooks Fire, has been an incredible partner)—but then they try to focus, first and foremost, on the work itself. Of course, it’s vital you connect with readers and fans and the author community. RH: Some of both.
Also, working with a consulting CTO will prepare you for finding and selecting a permanent technology partner. Avoid delay by using a consulting CTO on a short-term basis while you are searching for a permanent technology partner. Referrals from your investors (or potential investment partners) are ideal.
I was personally absolutely super sad about closing the original Techstars accelerator location in Boulder after this next class, as well as Seattle (another of the original locations.) The separately funded partner accelerator programs which operate in more than 30 locations worldwide are unchanged. We’re sorry for that.
You can contact Adam J.August at 1600 Tysons Boulevard, Suite 700 | McLean, Virginia 22102 Phone 703.720.8059 | Fax 703.720.8610 adam.august@hklaw.com | www.hklaw.com Affinity Lab is an entrepreneurial launch platform serving a rich community of Washington DC businesses, non-profits and start-ups.
We led the financing, and I joined the board to work more closely with Greg Gottesman, Geoff Entress, Mike Galgon, and Ben Gilbert to build a long-lasting and enduring startup studio in Seattle. Julie previously was a partner at Madrona Venture Group and is deeply involved in the Seattle startup community.
A friend of mine in Seattle just asked me the same question recently. If I were in Mike’s shoes, I would start by talking to people in the Philadelphia Startup community. For example, we have a mailing list in Seattle called “Seattle Tech Startups&# which is a great place to find a co-founder or developer-type.
The VC partner, somebody I greatly respect said, “Yeah, we like Gil and what they’re doing. I grant you, it’s not like Coupa Cafe in Palo Alto – but there is a burgeoning tech community much as you’d find in NYC these days. Communities outside the Valley have matured. million in SF Bay Area ).
PSL, based in Seattle, is a not a VC firm, accelerator, or incubator, but instead is a startup studio, which is a company that creates companies. PSL was announced today and GeekWire’s conference and there’s an extremely comprehensive post explaining how it works at Top Seattle investors raise $12.5M
That’s where a good partner agreement comes into play. Not only do you want to allocate ownership, but you want to re-allocate ownership if either partner fails to deliver. How do you determine what the third partner’s equity share should be? . Call Us: +1-855-629-6200. Mission Statement. Member Coordinator.
SF New Deal partners with local restaurants to provide meals on a weekly basis to those who are the neediest among us. SF New Deal partners with local restaurants to provide meals on a weekly basis to those who are the neediest among us. It's a genuine win-win: people need food, and we have massive unemployment at the same time.
It’s been a refreshing resource for a bunch of startup communities, including Boston (where it started) and Seattle. We (my partners and I at Foundry Group and David Cohen at TechStars) are helping them get enough initial sponsors to bring on a full time writer in the Boulder / Denver area.
Up to this point, we hadn’t expanded into a new city with another program – the TechStars programs in Boston, Seattle, and New York were created from scratch. Fortunately, Troy, Sam, Nick, and Adam agreed and a few months later we are psyched to launch TechStars Chicago and welcome them to the TechStars family.
While they’re experts at running nonprofit organizations, nonprofit board members don’t always understand their communities or the social context of the issues that affect their constituencies. The issue of nonprofit diversity presents an opportunity for nonprofit board members to become more greatly connected to their communities.
I had a couple of board meetings, spent a bunch of time at TechStars , gave some talks, had a pair of really fun late night dinners, had two strong runs (including one amazing one) along the east river, and stayed up until 1am drinking scotch with my partner Seth one night who was also in New York for a few days this week.
After a week at home I hit the road again around the release of Startup Communities and spent almost all of October on the road, reaching Boise, Oklahoma City, Chicago, Des Moines, San Francisco, Seattle, Detroit, Boston, Montreal, Toronto, Lexington, and Louisville. I get to work with incredible companies and entrepreneurs every day.
Today, Techstars announced a new initiative called Techstars Studio which will allow Techstars to source new company concepts from Techstars alumni founders, community leaders, venture capitalists, mentors, and corporate partners. We are investors in PSL (in Seattle) and High Alpha (in Indianapolis).
If you live in a suburban community, there is little chance you could walk out your door and hail a cab. When I used to travel to Los Angeles and Seattle on business I would use a rental car. And if you call one of the phones, it is a very spotty proposition. This creates new use cases versus a historical model. Rental car alternative.
The VC community suffered a very similar scandal at Seattle-based Entellium last year, but few reporters seem to remember that one, perhaps because it wasn't located in the heart of Silicon Valley as Canopy was. This shielding of communication must not be allowed, particularly in the finance function.
I’m sure you’re familiar with the setup… performative, end-of-program demo days that are meant to somehow wrap the experience up in a bow… gigantic, unfamiliar cohort groups that are somehow meant to feel like close-knit communities… the list goes on and on. Allay Health: Seattle, Washington. ” – Rob Go, Partner . ~~~.
I’m in Seattle for the next few days. I’ve built this trip around Techstars Seattle Demo, a bunch of time at PSL, and a Moz board meeting. We are significant LPs in the fund and my partner Lindel is joining the PSL advisory board. We are significant LPs in the fund and my partner Lindel is joining the PSL advisory board.
We wholeheartedly believe in the potential of each company we select; the smaller batch size allows the NextView partners, who possess deep operating and founding experiences at companies like LinkedIn, PayPal, eBay, and Blue Apron, the space to spend meaningful one-on-one time with each founder every single week.
By 1987 I had a partner, a mentor (my father) and a company that was capitalized with $10. entrepreneurial community, which was vibrant but small. Over the past four years, my partners at Foundry Group and I have spent a lot of time talking about, thinking about, and studying how software and Internet companies get started.
With Galaxy, Outreach is more deeply integrating their partners, so users can handle all of their sales actions in a single workflow within Outreach. Blockstack has a full lineup of community events across the globe – you can check out future events here. You can read more about Galaxy on their blog.
John has rightly observed that many small companies, as well as foreign companies trying to get into the United States, have limited budget, and could use 25% of the time of a sales rep in each geography, say, New York, San Francisco, Chicago, and Seattle. I like the idea, and recognize the problem.
In it, he talked about his own experience expanding his investment horizons beyond the bay area, but also mentioned some other folks, including us and USV, where he did a quick analysis of the location of our partner funds. Hopefully, we will continue to help develop and expand existing and new startup communities.
When I look at my schedule next week, I’m in my office on Monday for my partner meeting, but there’s literally no other reason I need to be in my office next week. I continue to strongly believe that place matters for the development of sustainable startup communities. But, this is different than physical office spaces.
As readers of this blog know, I’m a huge fan and supporter of TechStars (and, along with my Foundry partners , an individual investor each of the TechStars programs in Boulder, Boston, Seattle and now New York City). Our goal with each of the TechStars programs is to have a significant portion of the funding from the local community.
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