Some rights reserved by Bob AuBuchon

This is an unfortunate story that entrepreneurs should read and understand.

We start companies for a number of different reasons. We want to change the world. We want to solve problems. We are unemployable. We are crazy. And we stay up at night worrying about taking care of our employees, our customers, our investors.

So it is hard to understand how well regarded funds wind down companies without providing information to employees.

Investor immorality: The strange case of Blue Noodle

Start-ups fail all the time. But there is a right way and a wrong way to do it. This is an example of the wrong way.

On Monday, most employees of social media startup Blue Noodle didn’t get paid. They called their lead venture capital firm, which wouldn’t discuss the situation with them. They called their former CEO, who refused to pick up the phone. They called their lender, who said to call the venture capital firm. And thus the circle began anew.

“In my more than 20 years of working in Silicon Valley, I’ve been involved on more failed companies than I’d like to admit, but there is always an orderly win-down process,” says John Montgomery, chairman of law firm Montgomery & Hansen. “It sounds like the VCs in this case are treating the company like a car they abandon in a parking lot with the keys in the ignition.”

Read on…

Need a ticket for the Grow Conference?

The generous sponsors of the Grow Conference are continuing to offer a few free tickets to some starving startups over the next week. We call this Conference Ticket – Ramen Class.

Today’s tickets comes from ShinyAds.com and Nokia. These are two very different companies. One is the largest mobile phone manufacturer in the world, the other is a small startup trying to get companies on to their ad serving platform. They see the benefits for startups to attend Grow.

To win these passes tweet the following today:

RT to enter! “Hey @nokia – Please send me to the @growconf #growconf in Vancouver http://startupnorth.ca/ .

Tuesday August 9th, Grow Conference organizers will pick the winners who will get a pass for Days 2 and 3 at the 2011 Grow Conference. *Note that travel and accommodations are not included, pay for your own flights and hotels and drinks you cheap and resourceful founders.

The Grow Conference is a unique three-day conference that brings together the top minds in business, entrepreneurship, technology, and capital to inspire and engage the next generation of disruptive entrepreneurs. It doesn’t matter if your business is on or offline, the next-gen entrepreneur knows where their customers are and how to engage them. Today’s entrepreneurs are creating new opportunities, disrupting age-old markets, leveraging technology on their path to being tomorrow’s leaders. The Grow Conference is bringing the best minds of Silicon Valley and Canada together to share lessons learned and inspire action. Be part of this entrepreneurial revolution as we work together to drive innovation for the future. GROW is more than a conference, it’s a movement.

Follow #growconf on Twitter @growconf

Some rights reserved by The DEMO Conference

The Demo Innovation is Everywhere tour is coming back to Canada with stops in Toronto & Montreal. The event includes 2 parts, a chance to pitch/present to local VCs (Rogers Ventures) and a social party. Last years event was fantastic.

We invite you to submit an application for a 30 minute private meeting with the DEMO team and leading Venture capitals in a city near you. We have ten spots available per tour stop. Each company selected will also have the opportunity to address a larger audience at the DEMO Tour party in the evening open to the entire DEMO community of VCs, investors, media and PR professionals.

Some rights reserved by Stig Nygaard

Jake: Here’s the plan: we put the band back together, do some gigs, earn some bread, bang! We’ll have 5,000 bucks in no time.

Seems like I’ve been talking a lot about incubators, accelerators, catalysts, spark plugs, igniters and other programs designed to engage, educate and enable early-stage, emerging technology entrepreneurs. In the past 7 days, we’ve now seen the launch of new incubator/accelerator programs in both Vancouver and Montreal. The are 2 new programs both focused on bringing together the best talent, access to mentors, capital and networks beyond what many founders are capable of doing on their own. (Full disclosure: I am a mentor for FounderFuel).

Vancouver » GrowLab

GrowLab has risen out of the ashes of BootupLabs. It includes a spectacular founding team that includes a group of people many of whom I call a friend, and even more importantly they are a group I deeply respect. The group includes:

• Boris Wertz (LinkedIn, @bwertz)
• Deb Landa (LinkedIn, @deblanda)
• Leonard Brody (LinkedIn, @lbrody)
• Jason Bailey (LinkedIn, @superrewardsceo)
• Michael Tippett (LinkedIn, @mtippett)

The deadline to apply to the GrowLab program is June 15, 2011. Accepted startups and founders spend 3 months in Vancouver and 1 month in San Francisco with an intense mentorship program. The program also includes office space in both cities plus up to $25,000 in seed funding.

Montreal » FounderFuel

The FounderFuel is a new accelerator program with support from the team who started Montreal Startup and Real Ventures. It is a accelerator program that has been seeded with Cdn$2MM and has put together a great mentorship group that includes 85 entrepreneurs, executives, VCs, angels (and me). Ian Jeffery is the General Manager and the Partner at Real Ventures responsible for making FounderFuel work. I first encountered Ian as a competitor to his startup TinyPictures (I was running product at Ambient Vector/Nakama back in 2006). Ian successfully raised a big chunk of money and then proceeded to execute and eventually sell Radar to Shutterfly. I agreed to be a mentor just to personally ensure I get access to the team of mentors. It is ridiculous! The list includes >84 phenomenal leaders, executives, investors, entrepreneurs and people from Montreal and around the world. A sample of the awesome mentors (sorry for every I am leaving out):

• Patrick Lor (LinkedIn)
• Alistair Croll (LinkedIn, @acroll)
• Marc Alloul (LinkedIn, @MarcAlloul)
• Mike Shaver (LinkedIn, @shaver)
• Mark MacLeod (LinkedIn, @startupcfo)
• Howard Gwin (LinkedIn, @howardgwin)

The deadline to apply to FounderFuel is July 1, 2011. Instead of a 4 month program, the FounderFuel program is “12 intense weeks”. It is also a cohort based program that provides $10,000/startup + $5,000/founder in exchange for 6% equity. The program provide access to mentors, office space in Notman House, and access to a culture and ecosystem that has bred success in the past.

One Observation

My one observation about both of these programs is that Debbie Landa was the only female listed. It is a really difficult and sad state. There are great number of female tech founders and leaders in Canada. I am disappointed not to see:

• Leila Boujnane (@leilaboujnane), Idee Inc.
• Suzie Dingwall Williams (@suziedingwall), Venture Law Associates
• Maggie Fox (@maggiefox), Social Media Group
• Tara Hunt (@missrogue) & Cassandra Girard, Buyosphere
• Kristine Matulis (@kristinematulis), Firstround Marketing
• April Dunford (@AprilDunford), RocketWatcher
• Amber MacArthur (@ambermac), MGImedia
• Gosia Green (@heygosia), LearnHub

These programs need to do better on encouraging diversity and actively seeking out different viewpoints. The good news is that it is easily rectified.

Consider Applying

The deadlines for GrowLab and FounderFuel are approaching quickly. If you are interested in what hopefully is a world-class incubator/accelerator program you should definitely give careful consideration to these.

• GrowLab Deadline: June 15, 2011 » Apply to GrowLab
• FounderFuel Deadline: July 1, 2011 » Apply to FounderFuel

One of my favorite startups in the last few years has been ThoughtFarmer. Every few weeks I check in on them and think “Microsoft hasn’t bought them yet?”. ThoughtFarmer’s social intranet is easily the most polished out-of-the-box experiences in the Social Business Software world right now. They have decided to put on a conference in Vancouver, which is coming up very soon. There are a few spots left and we were able to get a discount code that will give you $100 off, even this close to the event.

Conference speakers include Dion Hinchcliffe, Enterprise 2.0 blogger for ZDNet and Senior Vice President for my old company Dachis Group; Stewart Mader, noted wiki expert ; Andy Jankowski, Director of Intranet Benchmarking Forum (IBF) North America; Bert Sandie, Director of Technical Excellence at EA; and Dan Pontefract, Senior Director and Head of Learning at TELUS.

You can see the full speaker list on the conference website.

**Receive a $100 discount using STARTUPNORTH as the promo code**

Oh, and check out this hilarious video to promote their newest addons for ThoughtFarmer. It is an example of low cost but effective product education and marketing by a bootstrapped startup. Steve Ballmer makes an appearance as well.

Jevon, Jonas and I are all heading to Vancouver for Grow Conference happening Aug 19-21, 2010. But I’m hear in Vancouver hanging out at Bootup Labs.

Bootup Labs is holding open office hours this week. Basically if you’re a startup and you’re in Vancouver and you want need some touchdown space, you should visit Bootup Labs.

Bootup Labs
163 West Hastings Street
Vancouver, BC

Hanging out in the middle of Bootup Labs

This is a fantastic place. There is a fantastic vibe. There seems to be real evolution and growth of Bootup Labs since the dark days. I’ve been hanging out the past day or so with:

• CompassEngine
• Foodtree
• Summify
• AdHack
• OverInteractive
• LexPublica & Contractually
• Mozilla Raindrop team
• Strutta

There are a lot of companies, entrepreneurs and things to like happening at Bootup. I am really impressed with a few things.

1. The space – it is gorgeous. It’s the right mix of location and finish. The offices are safe, comfortable, and interactive. There’s a great mix of open working areas, private meeting rooms, a kitchen and private offices with sliding doors. The natural light. And it’s nice but not posh. As companies demonstrate traction, there is incentive to find different space, for example Dimerocker has moved out. Having Mozilla and Strutta as “anchor tenants” also reduces the risk to Bootup Labs. It also means that there’s a lot of fun interesting people flowing through.
2. The location – it is right on the edge of Gastown. There is a great mix of restaurants and other things going on. I had breakfast at the Medina Cafe just around the corner from the office (best breakfast I’ve ever had). There’s the Fluevog store. It’s a great neighbourhood that has come a long way since I first visited Bryght in 2005.
3. The companies – all of these companies and the entrepreneurs working there are pushing really hard and demonstrating traction. There are exits, see Layerboom acquired by Joyent. And there are a lot of good things happening.

My recommendation is that if you’re in Vancouver you come hang out at Bootup Labs with us. Ping me @davidcrow or @startupnorth or just drop by 163 West Hastings St in Vancouver. I’ll be here until August 20.

Twitter announced today that they are acquiring Smallthought, the company behind DabbleDB and Trendly.

About 4 years ago, Avi Bryant landed at Democamp 5 and blew us all away. Not only did he show off one of the sexiest apps we had seen yet, his demo set the bar for everyone that came after.

This does not seem to be a large acquisition by any stretch, and neither side is playing it up as such, but it is a well deserved kudos to Avi and the team for what they have built.

It is hard to argue: For Canada: it sucks. More of our top talent going south and disappearing from the Canadian scene.

Those days are over however, with the C100 and an increasingly healthy startup community here in Canada, there will be many opportunities for the Avi’s of our community to contribute back, and perhaps return some day better than ever.

Our friends at C100 and Bootup are bringing Dealmaker Media to Vancouver for a great event in August. If you don’t know Dealmaker, you should. It’s run by a Canadian, Debbie Landa. They produce 2 of the most valuable events for startups in Silicon Valley and Los Angeles – check out Under the Radar for a list of events and companies.

They are producing an event, Grow 2010, in Vancouver on August 19-21, 2010.

The event is a 3 day event with an invite-only Day 1 to connect Canadian founders with the best and brightest from Silicon Valley and across CAnada. Days 2 & 3 feature great speakers and the opportunity to build unique lasting relationships.

• Tony Hsieh, CEO, Zappos
• Tom Conrad, CTO, Pandora
• Lane Becker, Co-Founder and President, Get Satisfaction
• Leonard Brody, President,Clarity Digital
• Dave McClure, 500 Hats
• Dan Martell, Flowtown
• Rob Hayes, First Round Capital
• Aydin Senkut, Felicis Ventures
• Ariel Poler, TextMarks
• Bill Tai, Charles River Ventures
• Jeff Clavier, SoftTechVC
• Rick Segal, FixMo
• Dana Settle, Greycroft Partners
• Chris Albsinson, Panorama Capital
• Rob Chaplinsky, Bridgescale Partners

 If you’re an entrepreneur and you missed MeshU in Toronto (and it’s really too bad, this was one of my favourite events of the past 2 years), you should attend Grow 2010. Buy your ticket today and it’s $185, if you miss the super early bird (or as I like to call it the just getting in from a late night), you can grab an early bird ticket for only $230. This is unbelievable! Add in an approximately $700 flight it’s possible to do this for less than $1500. It’s worth the opportunity to meet the companies, build the connections, and help grow your company.

We’ll be coordinating shared hotel rooms for entrepreneurs from Toronto, Montreal, Waterloo, Ottawa, Halifax and anywhere. If you’re not local to Vancouver we’ll help you find a shared room to manage your costs. Add a comment if you are attending and we’ll try to help you find a roommate.

We kept pretty mum about the recent mess at Bootup Labs that culminated with a Techcrunch piece and a “I’m Sorry” post from Danny Robinson, one of Bootup’s founders.

I was ready to get some nails and start sealing the coffin of Bootup. The whole scenario has been a huge credibility killer for Bootup and I am sure it has been tough on the community in Vancouver.

Before I started hammering away at those nails however, I decided to reach out to Boris Wertz. Boris Wertz is a bit of a sage and I figured he would have a sense of what was going on. It was then that I found out that Boris W would be joining the board of Bootup and would be helping to back it.

Danny Robinson posted yesterday that the other Boris, one of the original founders, would be leaving Bootup. I’m not going to speculate on what caused this, but it does seem like everyone at Bootup have committed to doing whatever it takes to get this thing back on the rails.

So here is my endorsement for the new Bootup. Vancouver needs Bootup as much as Bootup needs Vancouver, and with these recent changes I hope that the Vancouver community can get behind Bootup 2.0 as well. I expect that it will take a while, and Bootup will suffer greatly for it, but time will hopefully heal all wounds.

Vancouver is truly one of the best cities in the world, and I know that the startup community there will continue to live up to that reputation. It is a unique place, with a unique startup community and set apart in Canada. Vancouver is a lynchpin of change and I hope a city that leads the charge in rebuilding the definition of what it means to be a startup in Canada.

I was reading Anil Dash’s New York City is the Future of the Web post over the weekend, and there is a great list of startups (and funders) based in NYC. The list is pretty impressive starting with the money folks including Union Square Ventures and Fred Wilson to Founders Collective and Chris Dixon. The startups Foursquare, Hunch, Etsy, Kickstarter, and 20×200. I was starting to think that the grass might be greener in NYC. But I was reminded of the great things going on in Canada when I was redirected to the 2009 Canadian New Media Awards finalists.

There is a great list of companies that are finalists for the CNMA. You can round this list out with the great list of companies announced as part of the CIX Top 20.  There are a lot of great Canadian startups that continue to execute, find customers, and raise their profiles internationally.

• ChickAdvisor
• HootSuite
• Syncapse Corp.
• CoveritLive
• Polar Mobile
• Stitch Media
• Zoompass (EnStream LP)
• VisionCritical
• Vantrix
• Streamtheworld

These companies show the breadth of solution and corporate development of the Canadian startups. The startups are spread across the country, but entrepreneurs in Canada are building great things. Feeling good about the state of startups, hoping that Canadian funding scene continues to evolve, and that these companies continue to have the opportunities to change the world.