• DreamIt-Backed ElectNext Launches An “eHarmony For Voters”

    DreamIt-Backed ElectNext Launches An “eHarmony For Voters”

    ElectNext, a graduate from DreamIt Ventures’ Fall 2011 class, is launching out of beta today to match voters with the political candidates that best reflect their values. The site, which likes to describe itself as an “eHarmony for voters,” offers a familiar concept, thanks to the dozens of politically themed quizzes that attempt to suss out what political party best fits… Read More

  • DreamIt And Comcast Partner For New Program For Minority Entrepreneurs

    Comcast Interactive Capital, the venture capital arm of the media giant, has partnered with Philadelphia based venture fund and startup accelerator Dreamit Ventures to provide seed funding, training, mentoring and other benefits to minority-led startups through DreamIt’s accelerator program. The new $350,000 fund will give five minority-led startups for its Fall Philadelphia 2011 program… Read More

  • TC50 Finalist SeatGeek Raises Seed Funding, Revamps Website

    SeatGeek was definitely one of the finalists of the most recent TechCrunch50 conference that I thought were most interesting from a business model perspective. Apparently, I’m not the only one, as the New York-based startup has just closed a round of funding led by a group of four entrepreneurs/angel investors. The fledgling company, which bills itself as a ‘Farecast for sports… Read More

  • DreamIt Releases Ten Startups Into The Wild

    Philadelphia based DreamIt Ventures, a pre-seed stage venture firm and incubator founded in 2007 by David Bookspan, Michael Levinson, and Steve Welch, has just announced the most recent batch of startups to complete its second annual 12 week program. In a similar vein as Y Combinator, TechStars, Launchbox, and other incubators, DreamIt Ventures provides up to $30,000 in seed funding and… Read More

  • WizeHive Shaping Up To Become A Powerful Collaboration Tool

    At the end of last year, we talked about and gave away some beta invites for newcomer WizeHive, a group messaging and task management app that rivals the likes of Yammer, Present.ly, Producteev and to some degree even more full-fledged collaboration services like BaseCamp and Central Desktop. Since then, founders Mike Carson and Michael Levinson – the latter is also founder of… Read More

  • Atlanta Gets Its Own Y Combinator In Shotput Ventures

    Silicon Valley has Y Combinator. Boulder, Colorado (and now Boston) has TechStars. Boston also as of today has Start@Spark. Washington, D.C. has LaunchBox Digital. Philadelphia has DreamIT Ventures. And now Atlanta is joining the seed incubator movement with Shotput Ventures. Started by a group of Atlanta tech entrepreneurs who want to attract and keep startup talent in the Southeast… Read More

  • The Nasty Exploding Term Sheet

    Exploding term sheets are nasty. If you don’t know what they are, it’s a fairly literal definition. Someone gives you a term sheet to invest in or acquire your company (or some other transaction), but they put an expiration date into the term sheet and if you don’t accept by that date, the offer explodes. Investor Y Combinator (recently in the news for taking an investment… Read More

  • Organize Your Company With WizeHive (Beta Invites)

    Yammer definitely started something. The enterprise Twitter service has more competition today from Wizehive, a Web-based group messaging and task management service for businesses. WizeHive just launched in beta. We have 500 invites (just enter “TC2009” when you sign up). Although it is similar in many respects to Yammer, Present.ly (our review), Basecamp, Central Desktop, and… Read More

  • DreamIt Incubator Holds Funding Day To Commemorate First Graduating Class

    Today marks DreamIt Ventures’ first Funding Day, during which the new startup incubator will introduce a dozen new companies to a collection of founders and venture capitalists. DreamIt is a program in the same vein as Y Combinator and TechStars, offering startups seed funding, guidance, and connections in exchange for equity. We’ve written brief introductions to each of the… Read More