• January 28th, 2006

    Nine Startups at E27 Summit

    I attended the E27 Technology Conference today at Stanford University. Startups founded by entrepreneurs who are less than 27 years old were eligible to present. With a couple of exceptions these companies were all new to me, and a few have the potential to be real winners. The E27 founders did a great job of picking quality attendees (lots of venture capitalists, big company representatives and bloggers in the audience), and promising companies. The invite-only event was created by Noah Kagan, Shivani Sopory, and Nancy Gong. Below are my notes on each of the nine startups that presented. See Robert Scoble and Emily Chang for additional commentary, and Max Kiesler has a podcast recording of the entire event here. BillMonk I wrote about BillMonk last week. The company, founded by Gaurav Oberoi and Chuck Groom, have created an excellent tool for managing social debts and IOUs. It’s easy to see this catching on. IOweYou is a competitor. 411 Metro 411Metro, is an advertiser-supported free 411 service. Derek Merrill presented the company. His co-founders are Alec Andronikov and Alexey Bulavin. 411Metro joins Free411 and 411 Save in this space, with a nearly identical business model of playing a short advertisment from a competitor to the requested business. The company is seed funded from Hummer Winblad and launched in November 2005 Standpoint Standpoint, which launched today, is a “wikipedia of opinions”. At its core it is a simple blog for users to post their opinions and links to websites that help them form or support those opinions. Topics are grouped and the aggregate opinion of the community on any topic can be gauged. Co-founder Justin Smith presented. Gentry Underwood is Standpoint’s other founder. LicketyShip Robert Pazornik’s LicketyShip has the potential to be a big winner. It is an ecommerce service that can deliver purchased goods within two hours of placing the order. The magic? They combing local retail shops with the apparent over-capacity in the local courier market. Couriers pick items up at retail shops and deliver them immediately. Lickety Ship hopes to tap into the must-have-now crowd (Robert claims theat 30% of Amazon orders pay for overnight shipping, often paying more for shipping than for the item itself). The company is beta testing now in a few select cities. This reminds me of the good old days when we had kozmo to deliver a packet of skittles. The difference here is → Read More

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