Category: Ontario

  • StartupWeekend Toronto is rumbling along

    Reports are rolling in from StartupWeekend Toronto, both from various blogs and some more candid reports via the backchannel.

    Attendees were as many as 60 on Saturday, with an estimated 40 working away today (Sunday).

    The good news? The application is actually getting built. It’s called Lobbythem and it is a very basic platform that lets you create a sort of petition with a few actionable items that come off of it (from what I understand, things like getting key influencers in the lobbying group to push the petition forward, tools to get more individuals involved, etc).

    There is a screenshot here of the app so far.

    Is a business getting built here? It’s hard to say. The biggest hurdle for a lobbying platform is that the ‘enabling’ or community-based lobbying has not been spectacularly profitable yet. Sites like Petitionspot and loads of others are essentially user-generated SEO content, but they are making some money doing it.

    We will get a final wrapup from some participants in a month or so to see how things shake out. In the meantime, keep an eye on the site and let’s see how it all comes together.


    Note: Interested in what is happening at StartupWeekend? Want to check it out? Don’t show up at the site — people are being turned away from visiting on the basis of not having signed an NDA.

    I am going to send the organizers an email to find out what on earth would fall under an NDA that is going on at StartupWeekend. I can’t imagine much.

    Update #2: Just had a call from one of the StartupWeekend organizers. People are not being turned away for not having signed NDAs, but they are trying to keep visitors from dropping by and interrupting the flow. I can understand that completely.

    He tells me the app will launch tonight and I can tell from his voice, there is a lot of excitement in the air. We will check in with them tonight to see if it all comes together.

    Update #3: Some of the guys from StartupWeekend presented at DemoCamp4 here in Toronto and announced that the site will be live later this week.

    Also, there is a bit of backlash starting to surface about how the Toronto organizers handled things.

  • Startup Weekend Toronto starts tonight

    Startup Weekend Toronto get’s underway tonight at 6pm. They are completely sold out, and even if half of those who signed up actually show up then there will be more than enough people to get a fun, and real, startup off the ground.

    A lot of interesting people have been introducing themselves on the forums.

    It’s hard to know what to expect from something like Startup Weekend. Like any startup, everything has to start with a good idea. Instead of starting with a business idea however, StartupWeekend is starting with an event and a group of people. That doesn’t have to be a negative thing, in fact, it can probably be a positive thing.

    I will be dropping by StartupWeekend tonight and again near the end of the weekend and I will be reporting back all of the non-confidential bits that I can find out about what is coming together.

    Experienced Startup founders that I have talked to have all had similar feelings about StartupWeekend. It is something we really want to encourage because it builds a startup culture and exposes a lot of new people to the world of starting a business, but at the same time we feel practically paralyzed with fear at the idea of have our business partners all chosen for us and having to negotiate simply to settle on the ‘what’ that is being built.

    StartupWeekend is, however, anything but a joke. A real company will be incorporated, shares will be divided up and various equity incentives will be distributed to those who perform better or contribute more.

    Update: Jonas and I came for the opening of StartupWeekend. There were at least 30 participants in the room and there was a lot of energy. It was a mix of people across all disciplines. The only concern I had was that someone mentioned that 7 developers didn’t show up, which would l leave them short I think.
    (more…)

  • DemoCampToronto 14

    We are going to try to do a better job of covering the various *camp events in Canada. For now, a reminder: DemocampToronto14 is coming up on Monday, September 17th at the Toronto Board of Trade.

    Come out, we’d love to see you!

  • Ontario "Premier's Catalyst Awards" nominations open

    OntarioOntario Premier Dalton McGuinty and his new Ministry of Research and Innovation (with himself as Minister) have been making waves for the past few years in the Ontario innovation community. McGuinty appears to genuinely love the innovation policy file, and speaks quite passionately on the subject.

    While in the past, the Ontario government’s emphasis has been on commercializing University-based research, the mandate for the new Ministry is much broader and bolder – building a culture of innovation and entrepreneurship throughout the Province, which is good news to the grassroots startup community here at StartupNorth. Awards are one way to recognize and signal this direction.

    The Catalyst Awards provide five awards of $200,000 annually for developing a commercially successful new, or significantly improved, product or service based on a breakthrough technology. Innovations must have the potential to impact Ontario’s economy, society and/or sustainable development.

    If your startup is doing something new and exciting in technology, you should apply. Please see the page for the Premier’s Catalyst Awards for eligibility criteria and the application process. The deadline is November 1st, but you may as well start now. Good luck!

  • Amazon selects Freshbooks for new Payment Service

    FreshBooksYou have probably heard about Amazon’s new Flexible Payments Service… what you didn’t know is that FreshBooks, the Toronto based invoicing startup, was one of the very first companies invited by Amazon to try integrating the payment service. Great news all around! Amazon’s entry means more competition in the online payment market… good for consumers, good for startups. And FreshBooks was recognized by Amazon as the perfect partner to demo their newest web service utility. Think Canadian startups are going unnoticed by the web giants? Think again!

    Check out FreshBooks’ perspective on the Flexible Payment Service.

  • aideRSS.com – What's next in RSS

    If you are like me, your blog aggregator is getting a little out of hand. Once you start climbing over 150 feeds, and well in to the 200s, you are starting to get overloaded. I have, on a few occasions, deleted all the feeds from my feedreader and have started from scratch.

    So far in it’s life, RSS has been kept pretty simple, and that has been a big reason for it’s success. Things are changing however. Every major browser now incorporates RSS in some way, and it is becoming more and more of a mainstream tool.

    Why did you start AideRSS?
    “On one level, to scratch a personal itch, and on the other, to help everyone else with the same problem of overloaded feed-readers ? we knew we were not the only ones, and someone had to step up to the plate! The daily number of posts most people receive makes it impossible to stay on top of the news, frequently resulting in the ?mark-all-as-read? syndrome. In this process, important stories, and at times, true information gems are lost. AideRSS tries to address this by allowing the user to filter incoming feeds based on social engagement metrics: comments, bookmarks, trackbacks, etc. We collect this meta-data for every feed, find the posts that have created a buzz, and deliver them into your inbox ? much like a newspaper editor picks relevant stories out of the newswire. Our goal is to make RSS manageable and relevant for every reader. “

    It is time for RSS to come of age, and to do that we have to get smarter about how we manage feeds. Right now, early adopters are up to having 200, 300, 400 or more feeds and the design of the aggregator hasn’t changed much in 3-4 years. when I ran Blogtrack.com almost 6 years ago, we were trying to create the aggregator. AideRSS is now reinventing how we use RSS feeds.

    picture-1.pngTo help cut down on the noise coming in through your aggregator, the AideRSS guys have come up with what they are calling PostRank.

    Postrank is a combination of how many links, mentions and conversations there are about a particular post. If you look at the screengrab you can see that AideRSS gets information about each post from places like Bloglines, Technorati, the blog itself (number of comments), and del.icio.us amongst others.

    “PostRank? is a scoring system that we have developed to rank each article on relevance and reaction. It is a core part of the AideRSS engine that works to ensure that this digital assistant is helping you to tame the RSS beast and keep your news stream manageable.” – FAQ

    The issue of currency vs. relevancy
    The biggest tradeoff in moving from a normal all-you-can-eat feedreader to something like AideRSS that filters posts based on their popularity is that you are now relying on other people to participate to help you filter your posts. That is ok, and it works, but it also means that you aren’t going to be on to the latest meme right away. My solution is to put many of the less frequently updated and less interesting blogs in AideRSS while keeping a lot of my daily favorites in my regular RSS reader. Because you can import your AideRSS feeds into your aggregator, this is really easy. Cut down on the noisy junk and still get all your Valleywag and Scobleizer up to the second.

    Will it Grow?(tm)
    It’s easy to misunderstand RSS plays. Very few people really understand the RSS market, or the vision for how RSS will grow in the future. Even those who “get” and use RSS day to day have very little understanding of the business opportunity. I was not alone in wondering about Union Square’s investment in Feedburner until I started using Feedburner. Feedburner saw a real pain for publishers (understanding the use and reach of their RSS feed) and they delivered solutions for it incredibly well. AideRSS is doing the same, but they are bringing the same sort of value to both the publisher and the reader. We have added the AideRSS sidebar to Startupnorth, you can see it in the right-hand column.

    Overnight hits such as mybloglog have shows that if you provide a few tools that are just interesting enough to both publishers and readers, then you can really hit a home-run.

    One of my favorite things about using AideRSS so far is how snappy it is. My only complaint is that it creates some uncertainty about how often the feeds are being updated. I’d like to know the last time each feed was updated somehow, and have the ability to manually request that it be updated.

    The core AideRSS services will always be free, with optional premium services available later on at a cost. I could see a service such as a customized newsletter for busy individuals (ie: “send me the top PostRank posts about the Real Estate industry once a day”). AideRSS will be the authority on what the most relevant content in the blogosphere is, and there will be many ways to capitalize on that.

    AideRSS is a Waterloo, Ontario company, and they have taken a small amount of funding so far, but they are on the lookout for investors who understand their space, and what they want to accomplish.

    For me, it’s an obvious one. Without trying to sound like too much of a cheerleader, I love AideRSS and I want them to succeed only so that I can keep using their service.

    If you want an invitation to their beta, I suggest you ask in the comments below, I am sure they will let as many in as possible, and perhaps Rob can relax a bit now, help is on the way it seems.

    Update: AideRSS has launched for public consumption, and Read/Write Web has a great rundown as well.

    Contact Ilya Grigorik

  • JobLoft post Dragon's Den

    JobLoft2All this talk of Dragon’s Den got me thinking about Job Loft, a map based job website for the retail, food service, and hospitality industries.

    For those of you who don’t know… Job Loft made a great pitch on Dragon’s Den, was offered $200,000 for 50% of the company, and had a bad first date with the Dragons, who by the end of the meeting tore up the $200,000 check. The clips are embedded for your viewing pleasure after the jump.

    All’s well that ends well… and despite the Dragon’s Den debacle, Job Loft is doing great.

    After one year in business they have already sold over 12,000 job postings – targeting industries with 67% turnover was a good idea. Job Loft is expanding across Canada – localizing the site into French to conquer Quebec. And a new hosted / embeddable job site has been added to the product mix. What about funding you ask? Well after the check was torn up on national tv, a number of investors came knocking – with a much higher valuation.

    An exception to the Dragon’s Den Curse? Maybe. I would attribute it to their positive attitude. From their blog: “So what did we do the day after that boardroom meeting? Business as usual.” And sure, Job Loft is in a monstrously competitive industry, but a laser focus on being “the #1 destination in Canada for online recruitment within retail, food services, and hospitality” has served them (and their customers) well. My guess is that the dragons are kicking themselves for not investing in Job Loft.

    Contact: Chris Nguyen, Director of Business Development

    (more…)

  • Freshbooks opens up

    Freshbooks announced today that they are releasing a mature API. From what I understand, this is a direct result of their hiring of Ben Vinegar some time ago.

    Why does this matter?
    Freshbooks is demonstrating a very mature approach to growing their available market by opening an API as mature as they have. Typical approaches, often forced under the gun of results-hungry investors (ok, that’s a broad assumption), is to ramp up marketing and to put time, money and energy in to branding in order to develop a wider appeal.

    Offering an API says 2 things:
    We trust our users
    Some of the best application builders for APIs are the users themselves. Allowing users, application developers and others to build applications that use your platform might seem bold to some, but for a healthy company with as many users as Freshbooks boasts, it is a critical first step towards longer term relevance and sustainability.

    How does it do this? Too many startups spend their time trying to either see, create or define the future. This is fine early on, but it is almost impossible in the long run (believe me, I know!). By taking a validated and accepted product like Freshbooks and opening it up to whatever the future is going to be, you are mixing solid current economics with the opportunity for risk-less future innovation.

    We can’t partner with everyone, so we will partner with everyone
    When your startup is successful and stable, partnering offers are a dime a dozen. Most end up in a graveyard of blog posts and press releases but amount to very little. By having a solid API, Freshbooks can tell potential partners to “come back and show us what you can do” and they can also attach their own app to other partner-ready platforms such as Salesforce.

    Now the test. Will people build the apps that will make Freshbooks the center of the online invoicing world? We’ll be watching.

    More analysis here by one of my co-writers on FastForward.

  • BunnyHero Widget is Taking Over

    A big congrats to Bunny Hero (aka Wayne A. Lee), whose widget is topping the charts!

    comScore’s recently launched Widget Metrix places Bunny Hero Labs in the top five widgets worldwide (and get this… #1 if you exclude photosharing widgets)! According to comScore, Bunny Hero widgets reach 3% of the world online audience with 24,984,000 unique viewers a month.

    Wayne has created a quantifiable hit! The only question now is how he will capitalize on this early success. The world is his oyster (pet idea) at this point. Hint: Click “more” and feed our Bunny!

    Think these virtual pets are silly trinkets? Think again…
    Club Penguin – priced north of $500 million by Sony and News Corp
    Neopets – acquired for $160 million in 2005 by Viacom

    How do you see Bunny Hero Labs developing?

    Contact: Wayne A. Lee

  • Reflections on MESH 2007

    MESH Logo The MESH gang pulled it off. There were some interesting sessions this year. Jim Buckmeister of Craigslist gave us the inside scoop including the number of pages served per kilowatt hour and why Craigslist will be sticking with their simple design. Austin Hill of Akoha is focusing on social entrepreneurship these days and we are eagerly awaiting Akoha?s launch. Ted Murphy of PayPerPost who Mike Arrington called ?the most evil man in the room? faced off with Mike for the first time in person. Christine Herron of First Round Capital discussed porn affiliate programs and got everyone?s attention. Will Pate our Community Evangelist Extraordinaire shared his Theory of Awesomeness. Rick Segal of JLA Ventures provided an interesting breakdown on the natural evolution of startups. But the best sessions were held in the hallways; next year, rather than pay $400 for a ticket, you might just want to hang in the lobby.

    At MESH there were 15 minutes of fame sessions that gave promising startups an opportunity to strut their stuff. We are going to be checking in with the featured startups at 15 days, 15 weeks, and 15 months to monitor their progress ? so stay tuned!

    Wild Apricot ? membership management web service.
    Contact: Dmitry Buterin, Chief Apricot

    SneakerPlay ? invite only social network for urban youth into street culture.
    Contact: Robleh Jama, Co-Founder

    ConceptShare ? online collaboration for creative professionals.
    Contact: Scott Brooks, Co-Founder

    Demofuse ? easily create and maintain website tours.
    Contact: Greg Thomson, Founder

    Octopz ? online collaboration for creative professionals.
    Contact: Barry Fogarty, Co-Founder

    Five Limes – user submitted eco-friendly products and services.
    Contact: Chris Sukornyk, Founder

    Throughout the conference a recurring thought went something like this: MESH is a once a year event. Nice as it was, it does not compare to what is really driving Toronto these days: the TorCamp Community. I am not sure what I would do without our DemoCamps, OpenCoffees, Skype Swarm, and OtherCamps. What I do know is that I am thankful, very thankful. We have a great community that is building something week in and week out. So the very first Startup North Golden Compass goes to? drum roll? the TorCamp Community.

    Golden Compass