• London,  Startup Index,  Startups

    More Mentorship: Springboard (Cambridge, UK)

    I’m happy to announce that I am now formally a mentor for Springboard, a mentorship-lead accelerator program for startups that is based in Cambridge, UK.  Springboard offers a 13 week program based on the campus of Cambridge University, helping entrepreneurs kickstart the creation of their companies.

    I am impressed by the accelerator’s track record, 50% of the companies who have entered the program have successfully gone on to raise funding.  I look forward to offering my hands on mentorship, support, and brutal honesty to many accelerator classes to come.  I’m honored to be included among this all star list of mentors, and cant wait to start meeting with team!

     

     

  • London,  Posts,  Startup Index,  Startups,  The Future

    Will Milo Yiannopoulos Shake Up European Startup Press?

     

    I can’t wait to see what this produces.

    The saucy and often controversial Milo Yiannopoulos, who I’ve heard some call Europe’s one-man Gawker media, just penned an a post declaring its time to fix European tech journalism, and also noted he will retire from writing the fluffy stuff he’s been producing lately in favor of more substantive pieces in the future.

    This echoes the sentiment of conversations ever since Michael Arrington left TechCrunch, and I think this emerging trend is about more than European media.  The conversation is about what changes need to happen when it comes to startups storytelling as a whole, particularly in places like London where the trend for company creation is currently up and to the right.  I think Milo puts it quite well when he says:

    Start-ups have become conditioned to this cult of the mediocre, but it’s time to snap them out of it. Entrepreneurs who aspire to refashion the world around them deserve writing just as audacious and thought-provoking as their own ambitions. Unfortunately, as the technology sector in Europe has expanded, the quality of commentary around it has failed to keep up.

    While Milo can’t save startups from their own PR, I hope we will see more compelling untold stories unearthed with this new project.  Maybe I’ll even contribute, and help startups discover how to make meaningful connections with the press.  What will you contribute?

    More discussion of this topic from:

    What Europe really needs is startup reviews. And good startup reviews, not rehashed press releases. Frequent ones: three or more per day. Tell me about the team, the tech, the traction. Make me understand market size, competitive landscape, go-to-market strategy, unit economics, capital intensity, and the strategic importance of this widget in a likely future stack.

    Crunchbase is probably the most undervalued of Techcrunch’s assets. It’s the go-to database for startup financing information in the entire industry. It’s more complete and fresher than VentureSource or Capital IQ. I am glad it has been getting some love lately.

    I’d like to see a blog really getting into the soul of the space and people behind it, with real insights into how things work. “teardowns”, case studies, documenting specific points in a startup’s life, summarising where vc’s and entrepreneurs think the opportunities are, successes, failures, learnings.. What’s going on with MyDeco, Keynoir, MoshiMonsters, Kopi, Unbound, BookingBug, Moo, Skimlinks, huddle etc.. where are the real interesting pieces?

    Oh, and can we PLEASE stop going on about Silicon Roundabout – it’s NOT going to be the mecca where everyone wants to go and work. If I wanted to work by a tacky roundabout full of rubbish and kebab vans then I would have looked for an office in Basingstoke!

     

     

  • London,  Startup Index,  Startups

    What’s Saving Europe’s Startups?

    Originally published as a guest post on TechCrunch Europe.

    I’ve been in London for only a short period but I’ve already met with dozens of people from the various corners of the local start-up scene. It’s clear the ingredients necessary to build a thriving startup community are in place. Sparks are flying as companies form, events take place every night, and the promise of what’s been dubbed ‘Tech City’ and the more original ‘Silicon Roundabout’ takes shape. Still, it’s clear few major European success stories have emerged in the past few years to compare with Skype’s $2.6 billion exit to Ebay in 2005, leaving many people asking if European startups need something more to fan the flames.

    Perhaps hoping to do just that Prince Andrew, Duke of York, visited Clerkenwell’s White Bear Yardthis week to lead a roundtable discussion with several startup CEOs. Prince Andrew’s visit was part of a wider planned tour of East London, and the Prince was accompanied by Eric van der Kliej of United Kingdom Trade & Investment (UKTI), CEO of the ‘Tech City Investment Organisation’. The discussion primarily covered the challenges and needs of local startups, and founders were repeatedly asked, “What do you need? What is the fuel that will help take this self-sustaining community to the next level? How do we help you grow?”

    As YCombinator founder Paul Graham wrote in his recent essay Why Startups Hubs Work:

    “The problem is not that most towns kill startups. It’s that death is the default for startups, and most towns don’t save them. Instead of thinking of most places as being sprayed with startupicide, it’s more accurate to think of startups as all being poisoned, and a few places being sprayed with the antidote. Startups in other places are just doing what startups naturally do: fail. The real question is, what’s saving startups in places like Silicon Valley?”

    Graham’s essay identifies two fundamental requirements for successful startup hubs: a environment where being in a startup is the cool thing to do, and increased odds that startups will have a chance meeting with someone who can help them.

    Fostering a Culture of Success

    In the past 6 months, there has been an explosion of highly visible startup activity as exciting new companies launch, new coworking spaces open, new VC funds are raised, UK Trade & Investment champions Tech City, and companies raise some mammoth rounds of funding. It seems everywhere you turn there is a startup event taking place.

    Clockwise from left: Eileen Burbidge (Passion Capital), HRH Prince Andrew Duke of York, Stefan Glaenzer (Passion Capital), Robert Dighero (Passion Capital), Alistair Hill (OnDevice Research), Jason Trost (Smarkets), Victor Henning (Mendeley), Alexandra Chong (Luluvise), Tim Morgan (Picklive), James Gill (GoSquared)

    A few have been quick to point out to me that they don’t see how the royal family could possibly help tech entrepreneurs. However, could it be that Prince Andrew’s visit yesterday provides precisely the kind of high profile activity needed to take startups mainstream in London? Some might call this “success theater”, something Silicon Valley is expert at manufacturing, but might we also consider it good marketing?

    Bringing greater attention to what’s happening here in London sheds light on many stories yet to be told, both positive and negative, about a community that has been built organically by extremely dedicated community leaders determined to make this a desirable hub for startups and innovation.

    “If there’s one thing I’ve learned, it’s that startups certainly aren’t one size fits all,” Prince Andrew said, after asking each entrepreneur what would increase their startup’s chances of success. Among the responses: more emphasis on computer science in schools, more readily available investment dollars for early stage companies, tax benefits for those struggling to build new ventures, and more attention paid by the media to what startups are doing.

    Instead of being regarded as strange for choosing the startup path, one participant remarked that is would be great to spread the message that working on startups is worthwhile and cool. “You are cool!” said Prince Andrew, “You are forward thinking, making something of life as it is today.” This sentiment of making the most of life as it is today resonates strongly with a speech Prime Minister David Cameron made early last week, calling on Britain to adopt and attitude of “can-do optimism” in the face of economic downturn.

    You’re Winning, Now Tell the World

    I’ve been asked to compare Silicon Valley to Silicon Roundabout more times than I can count over the past week. One thing that motivates me is reading about friend’s companies in the news. Silicon Valley tech press keep up a steady drumbeat of storytelling covering hundreds of startups and larger technology companies, fueled by a combination of PR, investigative journalism, and good old fashioned tips.

    People seem quick to refer to the echo chamber we enjoy in the Bay Area as something uniquely American, telling me that its not very British to brag about accomplishments and that it simply won’t work here. Isn’t this just a lot of noise, my new friends ask. Isn’t it true that many of these companies are fluffy, flighty, and ultimately fail? Well yes, but we’re okay with that.

    While the startup press may be a bit of an echo chamber, it is encouraging to read stories of other people like ourselves finding success. Even stories of grappling with challenges or facing failure are inspiring for the readers, and often cathartic for the company involved. If there is one thing can may be presumptuous enough to suggest London startups can learn from Silicon Valley companies, it is how to make sure the world knows when they’re winning, and to realize that they are telling these stories on behalf of the entire community. Whether its tipping off the tech press (tips@techcrunch.com) or self-publishing, companies who work to get their stories heard are the ones who get covered, and have the opportunity to provide inspiration.

    “The London tech scene needs heroes,” explained Tim Morgan, CEO of Picklive, a social gaming startup for sports fans. “When was the last time you heard of someone who made millions on options? We need people we can look up to.”

    Creating an echo chamber in the press isn’t just noise for its own sake. Startups who are written about in notable press outlets help project a more legitimate image for their businesses that helps close sales, land partnerships, and hire great employees. Not only does this help individual startups, it elevates the awareness and respectability of the startup community as a whole. This market is far from a zero sum game, one startup winning more doesn’t mean others are winning less… instead the story told to the broader mainstream audience ought to be that overall startups are winning, and more people should join in.

    Make Your Own Luck

    The second part of the criteria for startup hubs that work is increasing the odds that you’ll run into people that can help you. Please don’t be the hundredth person to tell me that this isn’t California and that it just doesn’t happen here. There are people all around you, every moment, who can help you. I’ve met them, they’re real and amazing warm, welcoming, and incredibly generous with their time.

    Graham’s essay continues:

    “Chance meetings produce miracles to compensate for the disasters that characteristically befall startups. In the Valley, terrible things happen to startups all the time, just like they do to startups everywhere. The reason startups are more likely to make it here is that great things happen to them too.”

    The luck startups need can be manufactured (or at least nurtured), just like the culture of success. If what we discussed before was “success theater” this second criteria requires startups to force density to increase the chances of running into someone who can help, by surrounding themselves with people who are pre-disposed to help startups. Companies are trading their home offices for coworking spaces where they can network with other teams, founders are trading their Wednesday at the pub for a technical meetup where they can recruit developers, and Tech City is working to foster a great density of startups and entrepreneurs in East London.

    The potentially uncomfortable corollary is that startups need to stop spending time with people who don’t believe that their dreams can ever be real, and replace them with people who are cheering for them and want their success as much as they do.

    There are incredible opportunities for startups in London, but it is up to founders and startup employees to leverage these resources to derive every possible benefit for their companies. For those of us serving and observing the market and figuring out how to enter it, we can help spread the stories and faciliate the introductions that make success and luck possible for everyone.

    Prince Andrew Visits the StylistPick Offices

    White Bear Yard Startup CEOs

     

    Photos courtesy of Siim Teller

  • Startups

    MG is now a VC

    It’s pretty cool to see today that MG Siegler (@parislemon) who most of us know as a writer on TechCrunch, has decided to make a career move toward venture capital by joining Michael Arrington’s CrunchFund.

    I think its great for MG and great for the future startups he will invest in, he will be able to provide them with unique insights on how to work with the press industry and much more.  He’s even speaking on how to work with the press in his talk at Future of Web Apps in London, a topic that is near and dear to my heart.  It also lead me to reflect on something a lot of people in the community have probably contemplated now and again – becoming an investor in startups ourselves.

    Considering the VC Route

    It is something that has come up for me several times, but there were a few meaningful moments where I truly thought I could see myself going to “the dark side”.  As it turns out, on the other “side” of the tech industry there is a young up-and-coming stable of investors who might be the next tier A financiers of startups, and the prospect of being part of that crowd is exciting.  Some of these people are younger than me!  This cast of rising stars really matters to startups, who look to venture capitalists for the cash infusions that can make their company’s possible and massive growth pre-revenue feasible.  I ultimately have chosen, a few times now, to stick with building companies (and I love the one I’m with) but the allure of helping startups who are worthy connect with the capital they need to grow is definitely exciting.

    The Persona of a VC is Changing

    In the past year, with the rise of “super angels” there has definitely been an increase in transparency around the process of getting investment.   Not only are VCs and angels more exposed than ever, but the entire ecosystem is becoming accessible, all the way up to the LPs and endowments that ultimately provide money to these funds and all the way down to AngelList where private individuals with access to capital for investments can connect with entrepreneurs seeking funds.

    I don’t think CrunchFund will be the last VC firm created that puts capital in the hands of web influencers who have great visibility into what’s being done in the land of startups.  In fact, I wouldn’t be surprised to see 2012 be the year that disrupting VC becomes a mainstream trend, whereas in 2011 it was something localized to Silicon Valley with Angel Gate and all that other noise.

    Putting Cash Into the Next Great Startup Story

    I’ve always thought begin a VC was very similar to being a producer of films, reading scripts and deciding what to make and what not to make.  In that same way, each startup pitch is a script to be read, each investment is a chance to put another great story into production.

    I hope MG enjoys the crystal ball, energy, and passion of the entrepreneurs behind the deals he looks at.  I can’t wait to see what he’ll choose to invest in, and how he’ll bring his unique talents and passions to help startups find success.

  • Travel

    London Bound

    The rumors are true, I wrapped the Twilio Conference last week and I’m off to London today for an extended business trip to explore the technology market in the UK and beyond.  I hired Twilio’s first international employee — the incomparable Stevie Graham — over a month ago, and now its time to get back to where it all began for me and do some hands-on developer evangelism of my own.  We’re also hiring for a 2nd developer evangelist in Europe, so if you are local and interested please let me know (this is a job for locals, not U.S. expats).

    Last night we kicked things off with all thing stereotypically British: Jane Austen, the Beatles, everyone’s favorite Austen Powers quotes, and of course warm beer.  My friend David also tolerated an impromptu dinner for 16 of us at his restaurant Triptych, where we sat on the patio and enjoyed being “loud Americans” for the night, complete with party games I haven’t played since I was a kid (MBF, Never Have I Ever, Truth or Dare).  It was quite a send off and I’m still recovering, but they tell me it is a good idea to break in my liver now.

    I have a whirlwind tour of events scheduled ranging throughout Western Europe, and some surprises too!  I am going to make every effort to blog frequently, share pictures, and voice my perspective on a startup community that is far by distance but ultimately shares the same goals (or so I assume).  I’m fortunate to have so many friends and acquaintances around the globe who are helping to make this trip possible on short notice and at reasonable cost, and I can’t wait to get started at The Future of Web Apps London starting on Monday.  Wish me luck!

    … Now if only I were packed!

  • Events,  Startups

    Hosting Office Hours Today 12pm – 2pm at L’Acajou

    I’m trying something new, hosting real-life in person office hours for 2 hours on Sundays that I am in town.  Our next meetup is today, in about an hour at my favorite cafe: L’Acajou Bakery and Cafe at 9th and Bryant.  Anyone is welcome to drop by, and we’ll either do a big round-robin format or 1-1 chunks of time depending on what people’s goals are.  There is great food and mimosas there, as well as wireless (if you pay for something).

    You can RSVP for the meetup here, and please join the group if you can’t make it this time so I can let you know about the next one!

    Stay tuned to hear how it goes.

  • Daily Life

    And Suddenly It Is August… Again

    For someone whose life revolves around the internet, you’d think I would update this website more regularly.  I keep looking at that phone purse entry and thinking, “oh that wasn’t that long ago” when in fact that was May, and this is August.  As usual, a ton has happened in the interim and I have lots of blog post stubs to prove it.

    What I’ve Been Up To

    • Fell in love with TurnTable.fm for music listening, sharing, and social discovery
    • Rented a beach house with a bunch of Kevin’s extended family and bonded with my new niece, Isabella
    • Became a ranked StarCraft II player (15 wins so far this season!)
    • Had the usual crazy-fun time at my parent’s house for the Fourth of July along with Meg and her boyfriend
    • Joined the board of advisors for Seth Blank’s startup Trove
    • Launched Twilio Client, an SDK that enables developers to build apps that make/receive calls directly in the browser (!)
    • A damn fine launch party in the coolest sequin covered dress ever!
    • Bought a whole bunch of Maggy London dresses on Amazon to “pivot” my style to a more grown up Mad Men inspired office glam
    • Had an epic night of karaoke courtesy of Roger Niner at Butter

    And of course… a soundtrack for my life…

    What’s Coming Next

    First, let me just say that having Twilio Client released for the world to see after 9 months is really awesome — it always gets unbearably hard to hold back talking about an awesome new product release and its nice to not have to worry about it being leaked anymore.  As for what is coming next from Twilio, there isn’t really much I can say… other than that our usual process is to release something and then focus on customer feedback and plan our next move based on what we learn.

    In other news, here are some of the upcoming activities and goals I’m looking forward to:

    • Figuring out how to put my hair into victory rolls
    • Celebrating our 4 year wedding anniversary with a trip to Hearst Castle
    • Figuring out what kind of shoes go with all these dresses
    • Adding the next round of improvements to one of my side projects, refer.ly
    • Getting re-leveled to the gold league in SCII and made even playing an IRL tournament
    • Folsom Street Fair is coming up in my neighborhood Sept 25th (link is NSFW)
    • Getting back into cooking
    • So much more…

    All in all, life is good and I think after this weekend I will be fully recovered from “launch mode”.

  • Posts

    Epic Phone Purse

    This incredible purse is a working telephone.  Huge thank you to my friend Chris Bennett from Callyo for finding it and purchasing it on my behalf in St.Pete.

    This will be a conversation piece for the rest of my life!  I’m also already thinking of how to mod it with a SIM card and Arduino so that it can be completely wireless and working.

  • Posts,  Startups,  The Future

    Doat.com aka Do@ is the Future of the Mobile Browser [TechCrunch Disrupt]

    Yesterday at TechCrunch Disrupt Day #1 I didn’t “get” Do@, and I think this was mostly because I was put off by the graffiti branding.  Not sure why, just a personal preference, but its amazing how powerful that first impression is.  Then, I found out Cathy Brooks is leading marketing there, which got my attention because she is a tough woman, great story teller, and super connected.  I just sat down after talking to their CTO and downloading and playing with the app, mind blown, to write this post in the back row.

    Disrupt is a strange event, because you can see the future of mobile search in one moment, and then walk into the room as an entrepreneur talks about getting kids to “do butt art”.  But I digress…

    UPDATE: What IS Do@?

    Do@ is an iPhone application that lets you search across publishers for content you care about in a mobile context. You enter something like “French” and it autocompletes with things like “French Food @ internet” or “French @ books”. When you select a result, you can horizontally scroll through pages of content to pick what you want. It’s like clicking through the top 10 Google results, except minus the clicking and plus the beautiful touch interface of the iPhone.

    What’s with the name “Do@”?

    I didn’t ask this, but I should have.  It’s impressive that the company landed a four letter domain name, so I wonder if they did that first and then tried to rationalize it with the branding.  My best guess is that the concept around the brand/name is that mobile search isn’t about consuming a lot of information, its about approaching “perfect information” or the right information for my context.  Something cool about mobile app usage is that it always happens in a place, and on smartphones the app can get this location data without even syncing something like Foursquare or Facebook Places.

    One other note on the name – it kind of reminds me of the SEO problems with “Ke$ha” (the music artist), but I’m an early adopter type and the general public might not care, or might actually dig it.  We’ll see.  It will certainly make it easy to completely own the search for “Do@”.

    Media Consumption Power Tools for Regular People

    What strikes me about Do@ is how easy it is to use.  Download, connect Facebook, do a search, done.  However, what done looks like is a dashboard as sophisticated as any home grown social media listening platform I’ve ever seen.  I immediately searched for Twilio and found tons of conversations, articles, and relevant tweets and Quora threads.  I can also “heart” searches that I want to do over and over again.  Setting up this kind of listening in my brand would be incredibly time consuming with a tool like Google Reader, but do@ does it in seconds.  I’m not sure this is the intended purpose, but I already know I’ll be using it as a media consumption and listening tool.  I really really hope they release an iPad app soon too – it could compete with my love for Flipboard!

    This is More Than Search, Its a Browser

    There’s no Firefox or Google Chrome for the iPhone, but Do@ made it into the AppStore.  I almost wonder if this is because Apple doesn’t even totally understand what it is yet.  This is an entirely new user experience model for a mobile browser, driven by intention, implied preferences through sharing, and location (I think?).

    When you use the app, it isn’t just displaying images of screens and then having you click through Safari.  You can load the content and interact with it inside the app.  This means Do@ is already building a huge data asset in engagement data which this can use to further refine results and improve the experience.

    No Cold Start Problem in Sight

    Ultimately, I fell in love with Do@ because I didn’t need to invite anyone to it to gets tons and tons of value in minutes.  By simply connecting Facebook, it learned enough about me to give me relevant results.  It has excellent search-as-you-type, so it tries to take a best guess at what I’m looking for based on both my explicitly stated interests and implicit interests it gleans from the content I share on Facebook.

     

    Robert Scoble covered Do@ yesterday on his blog, and I’m dieing to read the post and watch this video.  For now, I’ll post it here for your enjoyment: