Reflections & analysis about innovation, technology, startups, investing, healthcare, and more .... with a focus on Minnesota, Land of 10,000 Lakes. Blogging continuously since 2005.

Tag: venture capital (Page 3 of 14)

The Pitch Fest That Started It All Fires Up This Weekend: DEMO

DEMOspring11 I'm pumped!  DEMO Spring 2011 starts on Sunday and runs through Tuesday, in sunny, warm Palm Desert, CA.  And, man, am I looking forward to the break! (After suffering through the snowiest winter on record in Minnesota; they say we'll likely hit 90 inches.) You can still register here.  Hope to see you there! Coolest thing of all this year?  A Minnesota company is pitching: my friend Lief Larson of Workface. Really stoked about that!

New For Me This Year: "DEMO Chatter" Box
Note the latest wrinkle for my DEMO coverage at the right. It's a social-media aggregation widget from my friends at FanChatter in Minneapolis (a Y Combinator startup), which captures all the conversation about DEMO in one place! (Multiple Twitter and Facebook feeds, and mutiple Twitter Lists, are coming in to the three tabs.) You can jump in and start posting, right there, after you connect your Twitter and/or Facebook accounts!  You just have to "Like" my company Facebook page first. That's the love I get for posting this great tool… :-)  It's the same technology some professional sports teams are now using on their web sites, as well as such other customers as the E!Online network, for red-carpet events like the Golden Globes, the Grammys, *and* this weekend's Oscar Awards — which we'll be watching live at DEMO after the opening reception Sunday night!  (That FanChatter box will be on Eonline.com all weekend.)

More Startup Pitches Than I Can Count
I've been attending and reporting on major national tech conferences for more than a dozen years, as part of my continuing passion to get out in front of tech trends, and to do my other favorite thing: network. It's really what turned me into a blogger and part-time journalist several years ago. During this time, I've heard more than 1000 startup pitches — and I've been lucky enough to write about most of them, certainly hundreds. Twitter and live-blogging tools in recent years have only added to my output. Back in October, I did a post called My Adventures as a Connoisseur of the Fine Art of Startup Pitching that's largely about my DEMO experiences. 

DEMOswag-250wDubbing itself "The Launchpad for Emerging Technology," DEMO was founded in 1991 by Stewart Alsop and later acquired by IDG. It's widely regarded as the inventor of the startup pitch fest, and certainly has the longest, continuous track record. It's extremely well run — which, friends, makes a difference! — and remains my favorite conference of them all. The biggest benefit of DEMO for the presenting companies is that it attracts a large, prestigious press and blogger contingent, and generates some 200 million media impressions for the collective participants. And, of course, it draws investors, too, from around the globe (as are the companies). Startups pitching at DEMO events have collectively raised billions of dollars. Many of them are now household names, or have been acquired or gone public. The conference publishes a list of DEMO alumni companies, by event — but note this list is just for the recent years 2006-2010. It's interesting to look back and start at 2006 (when my unbroken string of 12 DEMOs started), to see names that are now quite familiar, but were just upstarts at the time.

I'll again be live-blogging the entire two-day-plus DEMO Spring 2011 program, which will include more than 50 startups pitches, with some great panels, speakers, and interviews mixed in — all hosted by DEMO's Executive Producer, Matt Marshall, Editor and CEO of VentureBeat. Watch this blog for my live-blog post, which will fire up in full force on Monday morning!  (Here's what my last one looked like: DEMOfall 2010 live-blog.)

Are you coming to DEMO Spring 2011? What are you most interested in? Mobile? Cloud? Social? Consumer Tech? Enterprise Software? Enabling Technologies?  (Maybe all of it, like me?)  Or, come on, is it just all about the killer networking?  šŸ™‚

In Its 24th Year, Venture Conference Asks If Minnesota Has ā€˜Lost Itā€™

MN_VentureFinanceConf2010 Weā€™ll find out Thursday, because Iā€™ll be there to live-blog it all: the proceedings of the annual Minnesota Venture & Finance Conference at the Minneapolis Convention Center, co-hosted as always by the Minnesota Venture Capital Association and The Collaborative.

(UPDATE: My complete live-blog of the event is archived here.)

TheCollaborative-logo MVCA-logo

 

The blue-suit crowd will turn out once more to hash over where, oh, where is venture investing going in our state, and whether Minnesota is holding its own or falling behind in relation to other states. 

This is great sport, people!  We canā€™t beat Wisconsin in college football for seven years straight, but, oh yeah, we got those cheeseheads when it comes to the game of innovation!  … Or do we?  (And, Gopher fans, I wonā€™t even bring up South Dakota.  Shees.)

ā€œInnovation?  Jobs?  Has Minnesota lost it?  Not for one day in October we havenā€™t,ā€ says The Collaborative in one of its promos.  ā€œ2010 marks our second full year of the worldwide recessionary malaise.  Our stateā€™s economy is also not what anyone is calling ā€˜robustā€™.  Our unemployment rate is higher than itā€™s been in decades.  On the plus side, weā€™re still one of the brightest economies in the nation,ā€ the pitch goes on to say.

ā€œThe positive gap between our jobless rate as compared to the nation is at its highest in 30 yearsā€¦ Yet we also hear many reports of our state losing its way in innovation.ā€

Can you sense the drama, people?  Iā€™m nervously doing finger and hand exercises right now, in great anticipation of the nuances I may be able to capture on my Macbook or iPad (decisions, decisions) as I contemplate the live-blogging nirvana that awaits me Thursday.  It has me breathing heavy.

ā€œLast year, in the throes of the recession, 54 companies gave presentations, 400+ investors and entrepreneurs came, shared, and discussed growth in tough times,ā€ said Dan Carr, CEO of The Collaborative, in his announcement of this yearā€™s event.  DanCarr-Collaborative ā€œIt actually felt optimistic! These companies also go on to create jobs.  Lots of them.  Minnesota is 8th in the nation in venture backed employment: 365,000 jobs.ā€  (No word on how many of those people may have been laid off in recent times because those ventures couldnā€™t raise enough money.)

Carr continues:  ā€œThis yearā€™s ā€˜homecomingā€™ promises another day-long celebration of ā€˜doingā€™ more than ā€˜hand wringingā€™.  Itā€™s true that some of our greatest companies rise from difficult times.  Our annual conference has a knack for bringing together Minnesotaā€™s best ā€˜Up & Comersā€™.ā€

The 2010 version of the conference will begin with a look at the current state of venture investing, by way of an opening address from John Taylor of the National Venture Capital Association.  That will be followed by 18 Presenting Companies giving seven-minute presentations, plus somewhere between 20 and 30 more startups in the ā€œEntrepreneurial Showcaseā€ giving one-minute introductions.  (Iā€™ll be particularly interested to see if any of those entrepreneurs can make a impact in that minuscule amount of time.  Iā€™ve heard several of the new 90-second ā€œAlpha Pitchesā€ at the last few DEMO conferences in California, most of which fail to impress, and they have 50% more time.)

Notable in the 2010 presenter group, says The Collaborative, is the mix of industries and stagesā€¦ ā€œreflecting Minnesotaā€™s variety and also our strengths: Medtech (Inspire Medical Systems, Galil Medical, and InterValve) ā€¦ Cleantech (EarthClean, tenKsolar and Packet Power) ā€¦ Technology (Alvenda and Swift Knowledge) ā€¦ and mouth guard maker Bite Tech ā€¦ and more.ā€  (I donā€™t know about you, but I beam with pride when I tell people about Minnesotaā€™s rich tradition in mouth protection.)

But wait, thereā€™s more!  Panels and workshops during the day (speakers and panelists) will address these topics:

ā€¢ Financing Innovation circa 2010:  Angel, Venture Capital, and Private Equity
ā€¢ Medtech in 2010:  Innovating with New Science, Products, and Markets amid FDA and   Reimbursement Challenges
ā€¢ Next Generation Technology:  Minnesotaā€™s Unique Advantages and Opportunities
ā€¢ Financing in a Challenging Economy
ā€¢ Exit Strategies
ā€¢ Intellectual Property and Financing
ā€¢ Going Public
ā€¢ Planning Your Long-Term Financing Strategy

You can still register for the event.  And (pssst) I hear the ā€œMHTAā€ might even have a $100-off discount code.

Some 350 or more are expected at the confab, Carr tells me.  Sure, I know most of them already ā€” but the thought that some in the group may be potential new social media friends for me makes me almost giddy.  And, doggone it, I donā€™t even have to drive to Wisconsin or South Dakota to meet them.  (This conference has been attracting more and more out-of-state attendees in recent years, which is commendable.)

The Twitter hashtag for the event is #mnconf.  I wonder how many of the blue suits might be tweeting.  Not holding my breath on that, but maybe Iā€™ll set my live-blog software to display all the tweets attendees are blurting out during the event.  Itā€™s time we loosened up this venerable conference a bit ā€” thank God Twitter happened, huh?

Watch for the link to my live blog on Minnov8.com, in a post weā€™ll have up by late Wednesday.

(Note: This post first appeared at Minnov8.com.)

 

 

My Live Blogging of DEMO Spring 2010

Well, it's that time again. Twice each year, I cover the DEMO conference — and this time around it's DEMO Spring, in warm, sunny Palm Desert. It's been a long, cold winter!  I'm excited, because, as I noted in my previous post, 65 really exciting new ventures will be launching!  The event will be hosted by new executive director Matt Marshall, the CEO and editor-in-chief of VentureBeat.

Here's the page where my live-blogging posts will appear, in real time as they are published. To do this live blogging, I'm using a great tool designed
just for this purpose called "ScribbleLive." DEMO_2010-LiveBlogBanner   My on-site coverage will begin soon after I arrive on Sunday March 21 (the opening reception is that evening), and will run through late Tuesday afternoon March 23, when the conference wraps up. 

Before my last DEMO event (Fall '09), I always live-tweeted the proceedings, rather than
doing live blogging. That changed as of last fall. The tweeting had worked okay, but this live-blogging approach I decided I like better, for a
number of reasons: (1) I'm not limited to 140 characters per post… (2)
I find it a nice middle ground between doing short, often hard-to-write
(and understand!) tweets and the more rambling long-form blogging…
(3) it's as fast or faster than tweeting… (4) it's way faster than me
trying to post quickly on my own Typepad blog here… and (5) it
prevents many of my Twitter followers from getting mad and unfollowing
me when I'm doing so many rapid-fire tweets at events, which for a DEMO
can be upwards of a couple hundred! Another cool thing is that I can
attach a photo to any of my live-blog posts as well. (Though I will also
upload all my pix to a Flickr set during and right after the event.) 
The tool also allows me to attach an audio or video file, if I wish, but
I don't expect to do that.

For me, as a longtime event reporter,
this ScribbleLive tool is really an ideal solution. Here's my live-blog archive of DEMOfall '09. And here's another example of how myself and three other blogger colleagues used this tool simultaneously for the first
time: it was at the the Blogwell event at General Mills in Minneapolis last year.

I
look forward to DEMO Spring 2010, and hope I hear from you — whether during the
event, before, or after. I will likely be publishing some other,
stand-alone posts here on this blog while at DEMO — namely, audio
interviews, as I did starting at DEMO Spring '09. To communicate with me,
you can always post comments here at my blog.  Or, talk to me via
Twitter by putting @GraemeThickins at the beginning of your tweets —
since I will be monitoring Twitter search closely as I live-blog the
event.  Get this — if I want to tweet once in a while, those will appear automatically in this live blog, too. Pretty cool.

Look for me in the DEMO ballroom — I'll be in my usual spot in row three of the press section,
right down in front.

DEMO Spring 2010 Announces Presenting Companies

JWmarriottDesertSprings DEMO_2010-logo+dates As is
my custom, Iā€™m publishing the list of DEMO presenters as soon as itā€™s
released.  What follows is an
excerpt from the press release that just hit the wire:

———

The
DEMO conference, the world-renowned launch platform for some of the most
notable emerging technologies introduced over the past two decades, today
announced the lineup of 65 companies that will share their never-before-seen
products and value propositions to the technology community at DEMO Spring 2010
on March 21-23 in Palm Desert, California (JW Marriott Desert Springs Resort).

The
DEMO conference opens a window into technology's future, and this year the
event will feature some of the most promising new products and prototypes from
a variety of different industries including Social and Media, Cloud,
Enterprise, Mobile, and Consumer Technologies.

DEMO
Spring 2010 is also excited to have VentureBeat Founder and CEO, Matt Marshall,
on board as DEMOā€™s new executive producer, who has evaluated and selected
leading-edge innovations to launch on the DEMO stage.  

In its
second year, sitting alongside the demonstrating class of DEMO Spring 2010, the
Alpha Pitch program will feature 13 early-stage entrepreneurs and pre-launch
mode companies that will have 90 seconds in the spotlight to share their
prototypes to the critical DEMO audience. To have qualified for the program,
each company must be pre-revenue, and have received no more than a seed round
of funding.

You can
still register to attend by going to the DEMO web site Live broadcast
over the web will be available through a partnership with DEMO 08
demonstrator and former DEMOgod award winner BitGravity,
for registered qualified members of the press.  Qualified members of the
press may request live viewing access via www.etouches.com/demovideo. Videos from
live DEMO Spring 2010 presentations will also be available within 24-48 hours
after each presentation on DEMO.com.

———

As
always, I will be covering the event on-site, posting some audio interviews as
I can, and also live-blogging the entire proceedings, as I did for DEMOfall
ā€™09
.

And now, ta-dah!  Hereā€™s the just-released listā€¦.

DEMO
Spring 2010 Demonstrators:
     

ABJK
NewCo, Inc.; Austin, Texas; www.zosh.com                                                                                  

AirSet;
Berkeley, California; www.airset.com                                                                                          

AppVoyage;
San Jose, California; www.appvoyage.com                                                                                   

AppWhirl,
Inc.; Mountain View, California; www.appwhirl.com                                         
                       

bloson;
Cambridge, Massachusetts; www.bloson.com                                                                           

BlueSkies
Hospitality Management Systems (HMS); Pendleton, Indiana; www.blueskieshms.com             

BrandFolium
Corporation; Sunnyvale, California; www.brandfolium.com                                                  

CalendarFly;
Pelham, New York; www.calendarfly.com                                                                           

Closely,
Inc.; Denver, Colorado; www.closely.com                                                                                 

Cloudscale,
Inc.; San Mateo, California; www.cloudscale.com                                                                

Democrasoft;
Santa Rosa, California; www.democrasoft.com                                                                

DigitalScirocco;
Seattle, Washington; www.digitalscirocco.com                                                              

Everloop;
Danville, California; www.everloop.com                                                                                  

eXaudios
Technologies; Ramat-Gan, Israel; www.exaudios.com                                                             

FathomDB;
San Francisco, California;

www.fathomdb.com

Fliptop;
San Francisco, California; www.fliptop.com                                                      
                       

General
Inspection, LLC; Davisburg, Michigan; www.generalinspection.com                                            

Genieo
Innovation; Herzlia Pituach, Israel; www.genieo.com                                                                    

GlideTV,
Inc.; Pleasanton, California; www.glidetv.com                                                                          

GreenNurture;
Tempe, Arizona; www.greennurture.com                                                               

gwabbit;
Carmel Valley, California; www.gwabbit.com                                                                            

Hillcrest
Labs; Rockville, Maryland; www.hillcrestlabs.com                                                          

InfoDome;
Oakland, California; www.InfoDome.com                                                                              

Infusionsoft;
Gilbert, Arizona; www.infusionsoft.com                                                                              

Invested.in;
Thousand Oaks, California; www.invested.in                                                                        

InVisage
Technologies, Inc.; Menlo Park, California; www.invisageinc.com                                              
                                                                       

MightyMeeting,
Inc.; Setauket, New York; www.mightymeetings.com                                                       

MiniMash,
Inc.; Oakland, California; www.minimash.com                                                             

my6sense,
Inc.; Herzeliya Pituach, Israel; www.my6sense.com/                                                               

NetToons,
Inc.; El Cerrito, California; www.nettoons.com                                                            

Network
Hippo, Inc.; Ottawa, Ontario; www.networkhippo.com                                                                

nyoombl,
Inc.; Palo Alto, California; www.nyoombl.com                                                                         

Phone
Halo; Santa Barbara, California; www.phonehalo.com                                                                  

Pi
Mobility; Sausalito, California; www.pi.pngmobility.com                                                                            

Rebtel;
Stockholm, Nacka Strand; www.rebtel.com                                                                                 

Sharetivity;
Palo Alto, California; www.sharetivity.com                                                                            

SocialWish;
Brooklyn, New York;

www.socialwish.com                                                                                            

Solvate;
New York, New York; http://solvate.com                                                                                   

Supercool
School; San Francisco, California; www.SupercoolSchool.com                                                          

Sutus,
Inc.; Burnaby, British Columbia, Canada; www.sutus.com                                                            

Tastr,
Inc.; San Diego, California; http://xpenser.com/                                                                            

Teneros;
Mountain View, California; www.teneros.com                                                                            

Value-Centered
Solutions, Inc.; San Pablo, California; www.inoutcash.com                                             

VenueGen;
Morrisville, North Carolina; www.venuegen.com                                                                    

ViaCLIX;
Los Gatos, California; www.viaclix.com                                                                                               

VIC
Wave Communication, Inc.; Victoria, British Columbia; www.vicwave.net                                           

VISIARC;
Stockholm, Sweden;

www.visiarc.com
and www.mobiledocuments.com                            

Vivox; Natick,
Massachusetts; www.vivox.com                                                                                      

Voxofon,
LLC; Houston, Texas; www.voxofon.com                                                                               

Widgetbox;
San Francisco, California; www.clickturn.com                                                                      

Zerista,
Inc.; Denver, Colorado; www.zerista.com                                                                                   


DEMO
Spring 2010 AlphaPitch Companies:

flinc;
Dieburg, Germany; www.flinc.mobi                                                                                               

Immitter;
Los Angeles, California; www.immitter.com                                                                              

KarmaKorn;
Lindenhurst, Illinois;

www.KarmaKorn.com  

MEDL
Technology Co., Ltd.; Mongkok, Hong Kong; www.medltech.com                                                

neverend
media; Chapel Hill, North Carolina; www.neverendmedia.com                                                   

R3
d.o.o.; Maribor Slovenia, Europe; www.mmatcher.com                                                                      

PERMISSIONtosend;
Denbigh, Wales, UK;

www.permissiontosend.com

SocialOrbits,
LLC; Chicago, Illinois; www.SocialOrbits.com                                                        

Systems
Thinking Institute, LLC; Cedar Creek, Texas; www.systemkey.net                                               

TicketPlayground.com;
Plantation, Florida;

www.ticketplayground.com

ThickButtons;
Palo Alto, California;

www.thickbuttons.com

Yumit;
Madrid, Spain; www.yumit.com                                                                                                   

UppyMedia.com;
Alameda, California;

www.uppymedia.com                                           

ZURB;
Campbell, California;

www.zurb.com


An
additional excerpt from the press release:
In addition to the exciting
companies that will take the stage, DEMO will host some of the single most
influential entrepreneurs, organizations, and venture capitalists in the industry
to participate in panel sessions on the key themes for the show, including:

– Social
and Media

– Cloud


Enterprise

– Mobile


Consumer Technologies

Matt
Marshall, Executive Producer of DEMO, will lead these panel discussions
throughout the multi-day conference.

———

I'll be at DEMO for the entire event, which starts late afternoon Sunday and goes through Tuesday evening.  If you'll be in attendance, I look forward to
meeting you
!



DEMO ’09 Presenters Announced – Best Damn Gig Goin’ In This Economy, and I’m There!

Could it be any more fun than getting to see this many entrepreneurs get up on stage and pitch their exciting new stuff at DEMO?  Or maybe you'd rather sit at home and whine about "the economy"?  Go ahead, wallow in your lamestream-media bullcrap.  DEMO-stage
I'm goin' to the Disneyland of Entrepreneurship and Innovation: DEMO '09!  Where the excitement of what's new and what's coming next in cool, new technology will encourage and inspire all those lucky enough to be there.  And, if even if you can't be in the room, you'll have lots of online options to feel like you're almost there — which the DEMO folks tell you all about right here.

Yes, there are only 39 presenters this time, when 60-something have been common at most events in recent years.  But, hey, what would you expect in these times?  It's not quantity — it's quality!  The DEMO producers never disappoint on that.

Here's the current crop of lucky presenters:

ā€¢ 7 Billion People, Inc., Austin, TX
ā€¢ Always Innovating, Inc., Mountain View, CA
ā€¢ AppZero Corp., Ottawa, Ontario, Canada
ā€¢ Asurion Mobile Applications, Inc., San Mateo, CA
ā€¢ Avaak, Inc., San Diego, CA
ā€¢ BitGravity, Inc., Burlingame, CA
ā€¢ bluBuzz, LLC, Holland, MI
ā€¢ Cc:Betty, Inc., Palo Alto, CA
ā€¢ Citrix Online, Goleta, CA
ā€¢ Coveroo, Inc., San Francisco, CA
ā€¢ deskNET, Lausanne, CH
ā€¢ Document Depository Corp., LLC, Wayne, PA
ā€¢ eFormic, Ltd., Stuttgart, DE
ā€¢ Ensembli, Ltd., Sheffield, Great Britain
ā€¢ Evri, Inc., Seattle, WA
ā€¢ Gazaro, Inc., Ottawa, Ontario, Canada
ā€¢ HAM-IT, Inc., North Andover, MA
ā€¢ Home-Account, Inc., San Francisco, CA
ā€¢ HowSimple, LLC, Huntington Beach, CA
ā€¢ Jadoos, Inc., Sunnyvale, CA
ā€¢ Kutano Corp., Burnaby, BC, Canada
ā€¢ Liquid Media, LLC, Arvada, CO
ā€¢ Ontier, Inc., Portland, OR
ā€¢ Primal Fusion, Inc., Waterloo, Ontario, Canada
ā€¢ Promptu Systems Corp., Menlo Park, CA
ā€¢ Purewire, Inc., Atlanta, GA
ā€¢ Qualcomm MEMS Technologies, Inc., San Diego, CA
ā€¢ Qubes, Inc., Taipei, Taiwan
ā€¢ Silverstone Solutions, Inc., San Francisco, CA
ā€¢ Skout, Inc., San Francisco, CA
ā€¢ SmartyCard, San Mateo, CA
ā€¢ Symantec Corp., Mountain View, CA
ā€¢ Technicopia, LLC, Carmel Valley, CA
ā€¢ Transformyx, Inc., Baton Rouge, LA
ā€¢ Vokle, Inc., Santa Monica, CA
ā€¢ Xandros, Inc., Ottawa, Ontario, Canada
ā€¢ XMARKS, San Francisco, CA
ā€¢ Zipadi Technologies, LLC, Bluffdale, UT
ā€¢ Zuora, Inc., Redwood City, CA

DEMO-09-logo+datesIf you're attending or presenting, look me up, starting Sunday evening at the opening reception. Then I'll be in the grand hall all day Monday and Tuesday, sitting in the press area up front.  In a new wrinkle this year, I'll be doing audio interviews with startup team members and various friends and colleagues I run into — then posting those MP3s regularly to my blog during the two-and-a-half days.  And, of course, I'll be live-tweeting the whole affair as well — as I have several times now.

To communicate with me, please comment here on my blog, or you can always reply or DM me on my Twitter page, which is simply @GraemeThickins.  Please follow me there for the full-on firehose of DEMO updates!  My tweets will also be running at this aggregator page, where all DEMO '09 attendees' tweets will appear: @DEMOchatter.

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