March 17, 2013: It’s been a couple of exhilarating but exhausting weeks in Austin, beginning with Rolex Series racing, then the intense local run-up to SXSW, followed by all the Interactive, Film, and Music elements of SXSW itself, not to mention the countless ancillary parties. It was also spring break week for UT and all the local K-12 schools, so that cleared the streets a bit for the extra load of SXSW attendees. This coming week will bring more of a normal schedule, and all those kids and their means of transport are back in the fray. My personal week includes a trip for a couple o
March 13, 2013: The fifth annual SXSW Accelerator presented a global array of strong companies to overflow crowds in the 4th Floor ballrooms of the Hilton. Six technology categories were each represented by 8 companies. They pitched for 2 minutes on Monday, dealt with 5 minutes of questions from expert and often very well known judges on stage, and from them three advanced to Tuesday’s 5 & 10 format leading to a single winner. Below are those winners, with the descriptions they supplied (in some cases edited).
March 10, 2013: Here’s a dispatch from my small slice of the deal related activity at SXSW 2013 for the first three days. I’ve been trying to adhere to my own advice published in the WSJ Accelerators online last week, particularly with respect to the stamina required to cope with this event.
There’s much being written about how to tackle SXSW if you are looking for funding, partnerships, clients, brand recognition, and fine dining. However, it’s worth a few words to talk about the other side of the equation – those with resources who are coming here looking to buy or invest.
March 3, 2013: Allow me please to address this edition of TechDrawl primarily to my readers from Atlanta and other areas distant from Austin. I hope many of you are making your way here as I write this.
February 24, 2013: I’m filing this report from the 2013 Daytona 500, or rather from my couch. This is one of the many sporting events where the living room experience for the casual fan can now be better than being there in person. I’ve done both in the case of the Daytona 500 and have some basis for comparison. The big news this year is Danica Patrick’s pole position. That was somewhat dampened by the spectator injuries at Saturday’s Nationwide race, but thankfully all those folks are apparently on the mend. Getting knocked out of your chair by a few hundred pound missile consisting
February 19, 2013: In the thousand or more deals I see annually, I’ve come to prefer the ones that actually let you DO something. This point hit home at SeatGeek’s OnDeck Conference in New York last week when I saw the presentation by Derby Jackpot. This company lets you bet real money on real horse races and claims to be legal in 43 states. You get to watch a live race from a distant city and wager on the ponies. You’re not collecting points, badges, or rankings; it’s old-fashioned hard cash leaving y
In the Longhorn Startup Lab last evening Professor Metcalfe gave his primer lecture on spreadsheets to the gathered undergraduates. You are probably facile with spreadsheets and consider them to be a basic skill – these days listing “proficiency with Microsoft Office” on a resume looks like filler. However, the undergraduate students soaked up this information, and for many of them this good foundation on the basics was a necessary step toward modeling their business plans for
After a first round of coaching sessions with the five SXSW Accelerator companies assigned to me, I thought about some general advice on pitches. This particular batch is starting out pretty well, but I still find myself pointing out many of the usual problems that fail to get the message across. There have been millions of words written on pitch presentations and techniques, but nothing beats live coaching to fine tune the process. You can see that vividly in the polish shown by the Longhorn Startup Lab teams as they progress through the semester. We have a TA who is a Ph.D.
As your editor I generally bring you content based on my experiences in the investor and entrepreneurial circuit in Austin and Atlanta. Last week was one when the number and quality of such experiences outraced the time needed to summarize the wisdom gleaned from them. I don’t cover breaking news, but when I watch the local CBS TV affiliate do a segment on chickens in the road in Bastrop County (yes, true), I sometimes think what I do provide has more lasting value.