EventVue set out three years ago to transform the way people interact with and network during events. Today, sadly, they have announced they are shutting down.
In an overlay message that appears now on the main site, co-founders Rob Johnson and Josh Fraser write: → Read More
Today TechStars held its third Demo Day, offering a dozen of its startups the chance to display their wares in front of a throng of investors and the media. TechStars is a seed stage investment fund similar to Y Combinator and DreamIt Ventures that gives startups a modest amount of cash (around $5,000 for each founder) and a three month mentorship in exchange for a 5% equity stake in the company. Every year TechStars chooses ten companies from hundreds of applicants to take part in the program. Some of these companies have presented before at last month’s Demo Day in Colorado or in last year’s presentation.
Included in the days festivities were announcements that two TechStars companies have been acquired: madKast (by ShareThis) and IntenseDebate (by Automattic, the maker of WordPress). After AOL’s purchase of SocialThing! in August, that brings the acquisition total from TechStars’ first class to three (of ten graduates). Not too shabby.
See below for profiles on all the presenting companies. → Read More
The firstTechStars startup has gotten funded over this weekend. Eventvue has closed a round estimated to be about a quarter million dollars from Brad Feld, David Cohen, Dave McClure, Wendy Lea, amongst others. See our earlier coverage of them here. Eventvue brings social networking to the context of conferences, helping conference goers re-connect or follow up with business they couldn’t follow up with in the limited span of a conference. Networking at a conference is a fairly inefficient process, left up to chance encounters and stacks of business cards. Anything that can help optimize the limited conference time that thousand dollar ticket bought you is an easy sell. Confabb is the most direct competitor in the space, but has focused on being a comprehensive directory of the who, what, and where of industry conferences rather than on the palm greasing that goes on at the events. More social competitors include Meetup.com and Eventwax. Eventvue is set for a public launch later this year. → Read More
Y Combinator wasn’t the only incubator to demo their most recent startups today. Colorado-based TechStars also brought their startups on stage – ten of them – to give the audience a first look at what they’ve been up to all summer. Each startup gave 5% of their equity in exchange for $15,000, operational support, office space and mentoring. Most of these companies are unlaunched and seeking additional angel funding (exceptions are noted). Here are our notes on each – and see Don Dodge for his take: EventVue builds social networks around conferences (see confabb, an existing competitor). The idea is to let people connect before, during and after conferences in an online space, to add to the physical interaction at the conference itself. The company plans on generating revenue by charging an affiliate fee for each new registration. They are currently looking for $150k in funding. Intense Debate – see our previous coverage. Intense Debate is a souped-up blog commenting widget that adds a lot of features for publishers and commenters alike. Currently installed on 30 blogs. Installing the plug-in on your blog (WordPress, Blogger, and TypePad) adds threading, comment analytics, bulk comment moderation across all your blogs, user reputation, and comment aggregation. They are looking for $500k in funding. socialthing! is an ambitious project that simplifies the management of digital content (blogs, photos, music, friends, social networks and links). Users can also synchronize information from and to various social networks from their profile page. Strong viral component. Revenue from advertising. Raising $500k. J-Squared Media has launched their “Sticky Notes” Facebook application. It has 1.7 million users after six weeks, who have sent over 4 million sticky notes. They are working on several other related Facebook applications and are cash flow positive with $30,000/month in revenue from cost per action advertising. Not seeking funding. More here. Search-To-Phone is a mobile search service via voice. Call and leave a voicemail asking about a product or service. The request is then routed to the appropriate business to call you back with information and/or a special offer. Built on TellMe and Gold Systems technologies for voice recognition. They’ve signed a business development deal with Excell Services to provess 10 million calls. They are looking for a small capital investment and more partners before launching. Villij is a recommendation engine that analyzes your online life (social networks, blogs, bookmarks, etc.) to find people who → Read More
