State of the Bulgarian StartUp market & the favit way

by Martin Linkov http://favit.com

Education/Spark Funding The Start Ups

Education:

Education / Spark

• Technical/Mathematical High-Schools

• Universities (cooperation with Berkeley & Intel, abroad)

• Foundations, Education Centers, Events, Competitions, DSLL, Novatech, #sofiarb, How Ideas Evolve

Good News!

And that’s how I joined favit

• History & Capital, Investing Process

Portfolio:

Advisors, Lawyers, Evangelists

Problem: Information overloadUsers are flooded by the streams of friends’ activity

Blog News site Facebook Twitter

Article (apple)

Article (business)

Article (music)

Article (business)

Article (politics)

Article (fashion)

Status (photo)

Link (business)

Status (breaking)

Status (breaking)

Status (video)

… … … …Status (funny)

Solution: Multi-level personal filtering systemFilter incoming information based on fully personalized interests rules

Blog News site Facebook Twitter

Auto-tagging incoming feeds (articles from subscriptions) and assigning topics to all the favit entities (users, groups, feeds) allows us to filter everything very accurately.

Filtering and manipulating information on a personal level is the biggest challenge the Internet is facing right now.

Subscriptions

Create and manage topic based lists for users, groups and sources

Topics based filter for tracking an unlimited number of sources

Topic based personal filter for your social network and subscriptions

SvetlaRAIT Bulgaria

RaduRAIT Romania

MartinRAIT Greece

VassilCore developer

AlexRAIT Russia

BesimRAIT Turkey

DamianSys. admin

Corporate informationWhere we started and the team behind favit

Founded in November 2008 in a joint venture with VC Neveq (New Europe Venture Equity)

Founder Team

Atanas Youroukov, Head of Product Design• Strong web product visionary• Creative UI designer

Konstantin Hristov, CEO, Biz Dev• Sales and Marketing • VP of M & S in Outsourcing • Citigroup

Nenko Ivanov, CTO• Top 3 Software engineer in BG

Services overviewfavit is a complex system with services running in perfect sync

Groups

LifestreamFully featured RSS Reader

Filters & Bundles

……

Favit is one of the leading companies that have integrated the PUBSUBHUBUB protocol for realtime sharing of information from sources that support it. It name resides besides such services such as Blogger, Facebook and Friendfeed. (Blogger Buzz (Google) - http://buzz.blogger.com/2009/08/blogger-joins-hubbub.html )

Questions & Follow Up:

In Greek: favit.com/startups & favit.com/open-coffee-greece

In Bulgarian: favit.com/start_up

All Languages: blog.favit.com

Thank You!

martin.linkov @ favit.com

twitter: marfuzii