Category: Events

  • StartupCamp Toronto 2 – Tuesday, April 29th

    startupcamplogo_small1.pngStartupCamp Waterloo 2 was another big success, and we had a blast at StartupCamp Montreal, so we thought it was time we had another StartupCamp here in Toronto.

    The format for StartupCamp is simple: 5 Startups will have 5 minutes each to pitch themselves. The audience will then have twice as much time to grill them on everything from their marketing plan to the product itself.

    The 5 startups will be selected in advance.

    The event will be held on Tuesday April 29th at The Carlu in Toronto. We are putting on this StartupCamp during CIX, which is a new conference with a focus on connecting VC ready startups and VCs.

    The first run of tickets are available here. We will post more information as things come together.

    Sponsors

    Our kickoff sponsor is the Canadian Innovation Exchange.  If you are interested in sponsorship options, please get in touch.

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  • Founder's Lunch coming to Toronto

    founders_lunch.pngThe details are few and far between, but the invitations have already started going out. Founder’s Lunch is a Toronto take on the famous, but even more exclusive valley event Founder’s Brunch. If you are interested in coming to the next event, drop them an email and get on the list.

    Many will argue that the last thing we need is another Invite-only event, and I can understand your point, but I can say that my participation in some invite-only groups such as StartupSwarm and others has been really beneficial to me personally and my startup. The main benefit comes from everyone’s ability to be open and honest with eachother.

    So, if you are interested in coming to Founder’s Lunch, email them at the address on the website, and if you are feeling a little pissed off that you aren’t getting invited to some events you think you would benefit from, drop me a note. I want to hear from you.

    This event is not organized by StartupNorth.

  • RubyFringe Conference in Toronto

    rubyfringe.pngA lot of startups seem to be building their web apps in Ruby On Rails and have been for a while, so I thought it was worth mentioning that Toronto is home to the least-boring Rails conference so far. RubyFringe. This conference seems to have come together due to sheer frustration with the current Rails developers conferences.

    I have never been to a rails conference, but it isn’t hard to tell from the outside that they are becoming increasingly commercial, boring and profitable all at the same time, and I would guess that serious rails developers aren’t very attracted to that.

    Congrats on getting this going, I hope it is a sellout and that I get invited to a super special VIP party!

  • 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.

  • Canadian Companies at DEMO08

    demo08logo2.jpgThere are 5+1 Canadian companies on the slate at DEMO08 today and for the next 2 days.

    DEMO is a sort of launch pad for companies who want to make a big splash with a launch or an announcement. It boils down to 2 days of pitches.

    Up front, DEMO has never made a lot of sense to me. You pay ~$18,000 just to get up on stage, and spend at least another $10,000 getting yourself ready. So, $20,000 to get up and pitch to a room full of people there to see a few dozen other presentations as well, all from difference industries and disciplines. The place probably isn’t crawling with customers, and my guess is that most of the presenting companies are funded already to some degree.

    That said, have spoken to a few people who have presented, or will be presenting this week, it is more obvious what DEMO is selling.

    Polish – To demo at DEMO, you have to have a polished and perfected pitch. You have 6 minutes to make a huge auditorium more excited about YOUR launch than all the others who will take the same stage.

    Exposure – Everything at DEMO is recorded and available on the web. I can personally admit to watching almost ALL the DEMO pitches every year. Some of them are just incredibly terrible while others inspire and impress.

    A Deadline – Once you launch at DEMO, you are going to get enough exposure that you have to have something for the public that is worth talking about. It is better to release early, and DEMO seems to drive a lot of startups to do that.

    Good luck to all the Canadian startups. I will post links to their presentations here when they are online.

  • It's a wrap – Founders and Funders Toronto

    The inaugural Founders & Funders went off without a hitch. It was a fantastic evening. It wouldn’t have been possible without our sponsors, thank you very much Microsoft and JLA Ventures, the event wouldn’t have happened without their support.

    Jess and Chris from Istoica snapped a fantastic pictures of the event and the attendees. The gallery from Founders & Funders event is available. Maybe we should do a set of hockey cards of Founders & Funders. On the back of each card it could have stats like amount raised, fund size, number of deals, etc. Until then, check out the pictures from Istoica.

    TechCapital and AideRSS Anand Agarawala, Bumptop Bogdan Chimleski Francis Fast

    Craig Fitzpatrick StartupNorth - Jevon & Jonas Tom Purves Leila Boujnane

    Selim Teja and Mark Skapinker Stephen Benson

    The goal of Founders & Funders is to create a social environment where the people who fund companies and the people who start companies can begin conversations outside of the pitch. As an attendee, I’ll extend an invitation to connect you with any other attendee you might have missed.

    Thank you for making the inaugural Toronto Founders & Funders a success. We look forward to hosting another event later in 2008.

    Cheers,
    David & Jevon
    Jevon and David

  • Game On Finance – Browser going to wallop Super Mario

    Last week we got our finance on at Game On, a top notch event by Interactive Ontario that brought together thought leaders from the games business. Right from the start it was apparent the games industry is incredibly diverse.



    Over half the attendees were in the console game business, by and large a mature industry. More than a few people didn?t appreciate their industry being called mature? but what else can you call it when $15 million is required to create a new console title and there is virtually no way to get a project financed without the backing of an established publisher like Ubisoft or EA. “The large investments required rule out venture capital interest” noted Randy Thompson of Argon Venture Partners, so financing a title more closely resembles feature film (without the promise of Hollywood glamour). Eric Zimmerman, Co-Founder of Gamelab, made a particularly incisive point by posing the question ?do ever more realistic lumbering 3d giants really drive greater entertainment value??

    Also in attendance were developers of mobile games. The mobile games business is currently controlled by carriers who use their decks (the preset homepage and application managers) to strong arm developers, control billing, limit distribution, and take a hefty cut. The challenges of mobile game developers are many, perhaps the most significant being porting (ensuring a game will work on the 1,500+ mobile phones on the market). Phil Giroux of Magmic Games, one of the most successful mobile game companies out there, noted Magmic spends significantly more time porting than creating new titles. There are definitely some opportunities in the mobile space for startups, but my guess is that they involve less game development and more figuring out how to ensure games work across devices. How many of you have tried entering the mobile application space? Have any of you succeeded?

    Bowser - Game OnBy far the most exciting space at least as far as startups are concerned is internet gaming. The flash enabled browser represents a distribution channel larger than xbox, playstation, and wii combined. There are of course challenges, internet users have grown accustomed to free. John Walsh, CEO of Groove Media, really blew the crowd away with their plan to monetize free games with in-game advertising and upgrades. Others must also be impressed, the Toronto based Groove Media has already raised $30 million, talk about taking it to the next level!

    We met a great group of Canadian entrepreneurs at Game On Finance. Vikas Gupta of Transgaming Technologies, John Walsh of Groove Media, and Nathan Gunn of BitCasters. We?ll be following up with profiles of each over the next few weeks, cause one thing is for sure, Canadian entrepreneurs will be behind the next revolution in gaming.

  • Founders and Funders Toronto Kick Off Questions

    The Founders and Funders dinner takes place tonight in Toronto. We really wish we could have invited everyone who asked for a ticket, but we have been sold out for a while now.

    I really don’t want to miss out on hearing from all of you, even if you can’t make it to Toronto for the dinner tonight, so I thought I would post the questions we will post tonight at the dinner. Please comment below with your thoughts on the state of funding in Canada. Answering these questions isn’t a requirement at the dinner, but we wanted to set the tone of the discussion to focus as much as possible about what we can do to change things in Canada.

    • Do Angel Investors and Venture Capitalists get enough recognition for the deals they do in Canada?
    • Do Canadian universities inspire and support entrepreneurship? Could a “Startup Co-Op” program help?
    • What is the minimum amount of funding a startup should be able to deliver a product with?
    • Is the Dragon’s Den the most visible face of Canadian Entrepreneurship right now? What is wrong with that?

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    Some of these questions may change by tonight depending on the answers we get. As you can see, the Dragon’s Den question tends to invite some good responses!

  • Founders and Funders is a sellout, then on to Montreal

    fftag.gifFounders and Funders Toronto is just about sold out and we have a waiting list of 60+ people. It is shaping up to be a great evening. I can’t believe it came together so quickly. It was just a few weeks ago that David and I were talking about it. I also want to thank David for his hard work on this, we have both been pretty busy with other things and David has definitely been the leader on getting F&F together.

    People are coming in from all over the country for the dinner it seems, and there is a great core of Toronto funders and entrepreneurs who will be there. Keep an eye on the Founders and Funders website for more announcements. Also, a big thank you to our sponsors: Microsoft Mix and JLA Ventures.

    Then, we hop in the car, plane or train and head to Montreal:

    StartupCamp Montreal – January 23rd

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    StartupCampMontréal is scheduled next Wednesday 23rd at la SAT, from 6pm to 10pm. This is really coming together. I can’t get over how many great startups have applied to present. Montreal is absolutely buzzing these days. The event is totally sold out except for a few service provider tickets.

    I am looking forward to meeting as many people as possible while I am in town.

    5 startups were selected from the votes of 27 gurus:

    • Tungle: Easy appointment scheduling for groups
    • Cozimo: Real Time collaboration for designers
    • Streametrics: Provides metrics on the use of video on the web for publishers
    • yourteledoctor: Virtual visits with a doctor via the internet.