intro to the austin startup scene - damon clinkscales
DESCRIPTION
Get the lowdown of what's going on in the Austin startup scene. These slides are from the Intro to the Austin Startup Scene meetup at Capital Factory http://bit.ly/welcome2austin . Josh Baer's version of this presentation can be seen at this link http://bit.ly/intro2austin.TRANSCRIPT
by Damon Clinkscales
Intro to theAustin
Startup Scene
Austin Open Coffee Club
(Instigator)
Austin on Rails (Co-Founder / Leader)
Cafe Bedouins (Founder)
Austin API(Co-Organizer)
Techstars (Mentor)
@damon
VitalSource (Early Engineer)
DoesFollow (Founder)
Austin
where we’ll begin
Community Resources
Intro to ATX Startup Scene
3
• Kudos"• Upcoming"• Map It"• Companies"• Unicorns"• Vibe
• Startup Communities"• People To Know
• Where to Sign Up"• Where to Hang Out"• Where to Meet Up"• How to Keep Tabs"• Funding Options
Austin
where we’ll begin
Community Resources
Intro to ATX Startup Scene
4
• Kudos"• Upcoming"• Map It"• Companies"• Unicorns"• Vibe
KUDOS
6
7
Austin’s Changing Skyline
http://bit.ly/austinscene
COMPANIES
Up and Coming
• WP Engine"
• Umbel"
• Filament Labs"
• Pristine"
• Shelfbucks"
• YouEarnedIt
• Compare Metrics"
• Spredfast"
• Sparefoot"
• Spiceworks"
• Tabbed Out"
• uShip
• IPO’d 2011"
• Symbol: AWAY!
• Value: $3.3B
• IPO’d 2012"
• Symbol: BV!
• Value: $560M
• Acquired 2012"
• private sale!
• Value: $1B?
• IPO’d 2013"
• Symbol: SALE!
• Value: $1.35B
Austin represent.
Austin represent.
Offices in Austin
AUSTIN
our beloved home
BOOTSTRAP !FIRST
REVENUE FOCUSED
QUALITY !OF LIFE
SOCIAL CAPITAL
RISING TIDE
BE YOURSELF
Austin
where we are
Community Resources
Intro to ATX Startup Scene
39
• Kudos"• Upcoming"• Map It"• Companies"• Unicorns"• Vibe
• Startup Communities"• People To Know
Brad Feld’s Boulder Thesis
JOSHUA BAER@JOSHUABAER
http://bit.ly/baer-consumer-internet
Austin is
awesome.
No kidding.
KEVIN KOYM@KKOYM
JACQUELINE HUGHES@JACQUELINESLIFE
JOSH JONES-DILWORTH@JOSHDILWORTH
ASH MAURYA@ASHMAURYA
Austin Lean
Startup Circle
JASON SEATS@SEATS
KERRY RUPP@KERRY_RUPP
STEVE WELCH@WELCHSTEVEN
they run multiple"10-week web
development intensive bootcamps per year in downtown Austin & SF
they’re also offering part-time courses
across Texas to learn front-end programming
Harsh ShehzanRavi Shaan
MakerSquare
Austin
where we will end
Community Resources
Intro to ATX Startup Scene
56
• Kudos"• Upcoming"• Map It"• Companies"• Unicorns"• The Vibe
• Startup Communities"• People To Know
• Where to Sign Up"• Where to Hang Out"• Where to Meet Up"• How to Keep Tabs"• Funding Options
WHERE TO !SIGN UP
http://startupdigest.com/austin
Facebook Groups
Austin Startups
Austin Digital Jobs
Capital Factory Jobs
Capital Factory News
Austin Freelance Gigs
https://www.facebook.com/groups/austindigitaljobs/
https://www.facebook.com/groups/austinstartups/
https://www.facebook.com/groups/capitalfactoryjobs/
https://www.facebook.com/groups/freelanceatx/
https://www.facebook.com/groups/cfstartupnews/
WHERE TO HANG OUT
Happy Hours
• Austin Tech Happy Hour (ATHH)"
• Big Ass Social Happy Hour (BASHH)"
• Capital Factory Happy Hours
Coworking Spaces
62
• Capital Factory"
• Conjunctured"
• GoLab"
• Link"
• Perch
• Opportunity Space"
• Tech Ranch"
• Vuka Co-op"
• HubAustin"
• Chicon Collective
Coffee Shops"
• Dominican Joe"
• Cenote"
• Epoch (24 hr)"
• Bennu (24 hr)"
• Radio
• Houndstooth"
• Caffe Medici"
• Halcyon"
• Jo’s (on 2nd)"
• Hideout
Bars
• The Gingerman"
• Handlebar"
• Easy Tiger"
• CU29 Cocktail Bar"
WHERE TO MEET UP
Hacking
• Cafe Bedouins"
• HackTX"
• OpenHack ATX"
• Open Austin
• 3 Day Startup"
• Startup Weekend"
• AngelHack"
• MakerSquare
Entrepreneur Meetups
• ATX Co-Founders"
• Austin Lean Startup Circle"
• Austin Open Coffee Club"
• Austin TechBreakfast"
• TeXchange
Tech Meetups
• Austin on Rails"
• Austin.rb"
• Refresh Austin"
• ATX Hardware "
• Austin JavaScript"
• Austin Wordpress"
"
• AustinJUG "
• Austin Data Geeks"
• Austin Node.js "
• AWPUG"
• Austin Python"
• Austin PHP
Finding a Co-Founder
• ATX Co-Founders"
• FounderDating"
• Startup Weekend"
• Lean Startup Machine"
• 3 Day Startup"
• Coworking Spaces"
• Meetups"
• Hackathons
Incubators / Accelerators
• Austin Technology Incubator"
• Techstars"
• Capital Factory"
• Dreamit Ventures"
• Incubation Station"
• Longhorn Startup"
• Tech Ranch Austin"
• Thinktiv
Tech/Biz Groups for Women
• SheHacksATX"
• SheDesignsATX"
• PyLadies "
• Women@Austin
• Girl Develop It"
• All Girl Hack Night"
• Women Who Code"
• RailsGirlsATX
KEEPING TABS
Austin Startup Press
• Lori Hawkins (Austin American-Statesman)"
• Christopher Calnan (Austin Business Journal)"
• Laura Lorek, Susan Lahey (Silicon Hills News)"
• The Austin Phoenix (Austin Entrepreneurs / Small Businesses)"
• Techzette (Austin Tech Journal)
Austin Startup Blogs
• Bryan Menell‘s AustinStartup"
• Brett Hurt’s lucky7"
• Joshua Baer‘s austinpreneur"
• Capital Factory blog"
• Gordon Daugherty’s Shockwave Innovations blog"
• BP3 Blog (“Austin” section)
• Tech Ranch Austin’s blog"
• Austin Technology Incubator blog"
• Thinktiv’s blog"
• Austin Technology Council"
• Jason Cohen, A Smart Bear"
• Sparefoot blog
Go to Twitter!"
search for “Austin startup”
Go to Twitter!"
search for “Austin startup”
BOOM!
FUNDING
Demo Days / Pitch Events
• Capital Factory"
• Incubation Station Showcase"
• Dreamit Ventures"
• Techstars"
• Longhorn Startup Lab"
"
• CTAN Pitches"
• RISE Fast Pitch "
• SXSW Accelerator"
• Innotech Beta Summit
• CopperEgg > Idera"
• HeyRide > Sidecar"
• MapMyFitness > UnderArmour"
• Infochimps > CSC
• ObjectRocket > Rackspace"
• Mass Relevance > Spredfast"
• Dachis Group > Sprinklr"
• Gazzang > Cloudera
Recent M&A Activity
Investors
• Austin Ventures"
• Silverton Partners"
• G-51 Capital"
• Live Oak Ventures Partners"
• S3 Ventures"
• CTAN (Angels)
• 500 Startups (SV/SF)"
• Foundry Group (Boulder)"
• Mercury Fund (Houston)"
• Mohr Davidow Ventures (SF)"
• Floodgate Fund (SF)"
• First Round Capital (NYC)
Funding News
• CTAN is regularly a Top 5 Angel Investor group in U.S."
• Techstars incubated/invested in another 11 companies "
• Capital Factory invested/incubated another 28 companies"
• Dreamit Ventures incubated/invested in another 9 companies"
"
• Live Oak ($100M)"
• Mercury ($125M)"
• Silverton ($75M)"
• S3 Ventures ($75M)"
• Austin startup venture investment up 78% in Q2 2014.
Ways to “Plug In”
• Sign up for newsletters and follow interesting folks/orgs on Twitter"
• Attend community meetups and happy hours"
• Go to hackathons, Startup Weekends, and Demo Days"
• Invite interesting people you meet for a cup of coffee"
"
• Be helpful to others —make introductions, give feedback, be open to the possibilities"
• Share your experiences as you go on a blog and social networks"
• Interact with / be helpful to others on social media
THINK BIGGER
“I don't think about us catching up … frankly, it is impossible for us to do so. Rather, I think about us
embracing what is unique in - and cool about - Austin. Austin is a city where people can be themselves - can be authentic, as Bijoy Goswami, founder of Bootstrap Austin, and I recently discussed over lunch. But I do think about
providing the capital and the knowhow to those entrepreneurs that want to transition to a second-stage
frame of mind. And, in my opinion after hundreds of meetings over the past five months, the future for Austin's
tech entrepreneurship scene has never been brighter.”
http://lucky7.io/post/the-state-of-tech-entrepreneurship-in-austin
Thank You
Welcome to Austin!
Creative Commons
• Austin Skyline http://www.flickr.com/photos/andreanna/3518652360 (by adreanna)"
• Pennybacker Bridge http://www.flickr.com/photos/84077682@N00/3334079907/“ (by_tiffany)"
• Austin City Limits Festival https://www.flickr.com/photos/choose_freewill/244298560/ (by choose_freewill)"
• Circuit of the Americas, Formula One Racing (Austin)https://www.flickr.com/photos/guvnah/8195533480/ (by guvnah)"
• Austin Skyline with planned projects (July 2014)http://forum.skyscraperpage.com/showpost.php?s=97067aae7cb96d8642f92b8db83071df&p=6661157&postcount=753 (by Chiveman & Mopacs)
Photo Credits
• The Metro Areas With The Most Economic Momentum Going Into 2014 (Forbes)http://www.forbes.com/sites/joelkotkin/2013/12/26/the-metro-areas-with-the-most-economic-momentum-going-into-2014/"
• The Next Biggest Boom Towns (Forbes)http://www.forbes.com/pictures/edgl45fkm/no-1-austin-texas/"
• Top 30 Best Cities For Young Entrepreneurs (Under 30 CEO)http://under30ceo.com/top-30-best-cities-for-young-entrepreneurs-2013/"
• The 7 Hottest Startup Scenes in the U.S. (Entrepreneur)http://www.entrepreneur.com/article/227436"
• Bijoy’s JOurneY (3 parts) on Steve Golab’s blog (fg2 blog)http://www.fg2.com/category/journey-2/"
• Kauffman Sketchbook StartupVille http://www.youtube.com/watch?v=zXD5vt0xhyI"
• Can the Tech Industry Follow Trilogy’s Example? http://www.statesman.com/news/technology/can-austin-tech-industry-follow-trilogys-example-t/nRk7M/
References