Lift08 Venture Night: 5 Panelists and one MC and 8 pitches

I am here at Lift08 in Geneva, Switzerland. Tonight is “Venture Night”, a startup launch-pad that had 50 submissions, which were narrowed to 8 startups who all demoed and presented their business case tonight. The format is a good one, and it is similar to Under the Radar: 5 minute demo and business model, 5 minute questions from panelists and 5 from the audience. This is a posh event, wine and Swiss breadsticks no less and the turn out is substantial for this “pre-lift” event (I’d estimate 400+). And the inimitable Guido Van Nispen as MC.

A venerable panel featuring techcrunch europe, VCs and Angels, a top euro blogger and long time LIFTer Robert Scoble.

    1) Viewdle.tv
    A video search company. Find people in video, images, using contextual and voice cues. More than just tags. Very slick and ajaxy. Searches for clinton, then narrows by Iran, shows in search results streamable clip of Hillary speaking of Iran. Options: sort by tag, by content channel, and by timeframe and, oh god, they have video tag clouds (what is this 2006?). But the seach works in the demo, and it’s cool.

    Have widgets for blogs. Business model is video search sold to content producers (reuters) or video aggregators. Processing is computationally intensive, not trying to crawl or index web on their own (smart).

    2) holistis
    Converting online store visitors to buyers – 98% of online shoppers don’t make purchases. Uses past behaviors, intention and behavioral targeting to convert viewers to buyers. Turn known visitors into loyal customers through targeted content. Theory is to grow the 2% end of the funnel as more profitable than the 98% end.

    3) wuala
    Free and simple online hard drive. This has been done before. The twist, using distributed storage and bandwidth. You have to share your own HD and bandwidth to us it. Their catch phrase is to be the “skype of online storage” (great catch phrase). Judges are throwing softballs until vc asks about copyright infringement: do they have the same issues as youtube or ftp servers. Revenue streams, ads, photo prints, or sell premium services. They make sure data is available even if large part of network is down, they also back up on their own servers and their system works on bittorrent principles: fast downloads through fragmented storage

    4) Mixin
    What are other people doing?, I want to plan my Friday evening. Like a dopplr for activities with your friends. Nice looking screens. looks like a jaiku/twitter calendar mashup. This begs the question: why not bundle, or at least mash this up with existing social networks instead of creating a new one. I asked this question. They want to, and will support integration.

    5) IO
    Digital is more present in the physical world like table top computing, surface computing and like bumptop but real. For public spaces, skinnable walls and tables gorgeous interactive surfaces, rippling water and blooming flowers, more art than tech. VC panelist says there are a few funded competitors – which also means this is a validated market with some action in it. I’d like one of these for my living room. But they have no interest in making it cheap, it is not a consumer technology.

    6) cocommentwas launched way back at Lift 2006 syndicates and collects and aggregates blog comments tries to solve the problem of bog comment viability trouble is blog comments are less interesting than blog posts. Cocommenters comment more and are stickier. Rev model is ads, and conversation tracking. A lot of “former” users on the panel asking ome questions about performance, usability.

    7) clipperz
    Do you trust online services, do you trust them with your data? You should have control of your data. Keep it to yourself. Data is stored on cards that aggregates all your secure data and logins. talk about a vulnerability, get hacked once and they get everything. Admit that I don’t really understand this play or how it’s differentiated. Authentication and security is important, but in reality, mostly people say they do, but, in practice, don’t care. Many many startups before them have leapt onto this sword of federated online security management.

    8 ) Pixelux entertainment
    Digital molecular models. animate materials like materials instead of scripted animations. Metals bend like metal, trees bend like trees, great for realtime video game animations. It reduces the costs of video game production through procedural physics rendering. DMM physics engine, realtime animation libraries, based on glass, metal, wood, etc. the algorithms know how it will break, bend or shatter. For movie market or for games and animation. Flat fees, and licencing business models on titles sold by the millions. nice.

Whew, a solid deck of demos. Now this is a larger scale of event (and these are later stage companies) than our typical democamp or startupcamp, but I’m left feeling that we in the Canadian community need to step up our game. A lot of good Tech here (with a capital T). Good polish of apps, good polish of demos and some impressive technology that could actually work (mostly). Bravo.

BlitzWeekend – ad-hoc startup launchpad

blitz1.pngWhen Heri first announced BlitzWeekend, I thought it was a slightly better take on the various StartupWeekends which had been painfully going on. That would have been the easy thing to do, but Heri and the guys have taken it a few steps further. Blitzweekend will take place on March 1st and 2nd 2008.

The result is less of a throwaway StartupWeekend and more like a miniature version of Y-Combinator or TechStars. Instead of building one big project, and then leaving the day-to-day operations up to a few unwitting volunteers, BlitzWeekend is a chance to kickstart your own startup that you will be moving ahead with.

Because of that, BlitzWeekend will have a much more well rounded crowd than the normal hack-fests that we are used to. The sponsors, who include BDO Dunwoody, Embrase, Globalex and iNovia Capital, will all be at BlitzWeekend to provide early support and guidance to the startups.

To accompany the weekend, BlitzMaker has also been released. It is a tool to help teams form, share their ideas and to organize before BlitzWeekend.

BlitzWeekend is also reaching out to teams from beyond just Montreal. I would love to see a team from Toronto or Waterloo make the trip over to Montreal. The crew in Montreal has offered to help with expenses by organizing some couches and possibly contributing to travel costs.

Heri described the event like this

– we have partners and sponsors like iNovia Capital (VC fund specializing in early stage funding), BDO, Globalex, Embrase. Actually, it will be an opportunity for any new entrepreneur because the most promising projects will have access to advice from business consultants and key networks. You can view it as a launchpad for startups, à la TechStars

– we will have experts for the event, in the case a team get “stuck” in major problems. each team is going to have “joker cards”, allowing them to call an expert in one specifi domain (technology, design, business plan, marketing etc.)

– we will have a “make” track for developers or designers who just want to create a cool technology and are not sure yet about how to do a business plan. However, we will have a “startup” track, and we will have a panel of “judges” who will be giving them valuable feeedback about their product and business plan.