Wow! What can I saw about the TechStars investor pitch/demo day except that it was fantastic. The teams were extremely well prepared and every single one of them really nailed it. We had about 50 private investors and venture capitalists in attendance to see the 10 TechStars teams go through what they've been up to this summer.
Those of you who follow me on Twitter know that I've been somewhat of a TechStars groupie this summer – I've spent many hours with the teams giving feedback, advice and lending a sympathetic ear. I've seen early ideas and kluge demos turn into the seeds of real business ideas, real prototypes and true products. The journey has been amazing to watch. For me this was the best part of yesterday – the progress that each of these companies has made this summer is truly remarkable.
TechStars was raw entrepreneurship at its finest. The program brought in teams who had ideas that ranged from pet projects to recently crafted plans to companies that the founders had been working on already for years. Over the course of the summer these ideas were refined, changed, thrown out completely and refined again. The result was a pretty amazing experience for the founders and ten pretty interesting potential businesses.
Don Doge had a nice summary of each on his blog if you're interested. I've also linked to the companies below.
Thanks for the madKast mention, Seth!
Keep up-to-date with the most recent madKast developments at
http://madkast.blogspot.com
Best,
Josh
Evangelist, madKast.com
Posted by: Josh Larson | August 20, 2007 at 01:32 PM
The Internet as a Platform Will Continuously Evolve
Mark Cuban, the owner of the Dallas Mavericks, an NBA franchise, and Chairman of HDNet, the richest blogger in the world claims The Internet is Dean and Boring days ago in his blog. Why? Here is his reason: Every new technological, mechanical or intellectual breakthrough has its day, days, months and years. But they don’t rule forever. That’s the reality… Just like wheels, printing presses, cars, TV, radio, electricity, water…Its very difficult to develop applications on a platform that is ever changing…
Well, Mark Cuban draws a wrong conclusion though his observations are right. Why?
1. The slow adoption of high-speed broadband during past 5 years in the US is not a problem of the Internet, or the proof of the Internet innovation stalls, it is a matter of domestic policy issues
2. From Web 1.0 to Web 2.0, the Internet has demonstrated its continuous evolution as a great platform in endorsing lot of application-level innovations, such as Wiki, Blog, Social Networking, Podcast, just to name a few
3. The continuously evolving of the Internet is good instead of bad, actually the innovation of the Internet itself is not fast enough, and that is why we call for Internet 2.0 to serve upcoming Web 3.0 better
Frontier Blog - search but not REsearch
http://www.hwswworld.com/wp
Posted by: edward | August 27, 2007 at 02:18 AM