Tag: Toronto

  • TechTalksTO Underground

    Tech Talks TOAlong with the team at FreshBooks, StartupNorth is proud to support TechTalksTO. TechTalksTO previous put together a series of speakers at the Gladstone Hotel on West Queen West that feature some great talks about technology for Toronto developer community. We’re very happy to be a Sponsor and Media Sponsor of their upcoming conference event on August 13, 2011. It’s a great group of front-end, back-end and devops focused entrepreneurial technologists.

    What a great way to spend a Saturday before flying out to GrowConf later in the week.

    The Details

    When: Saturday, August 13, 2011
    Where:  Toronto Underground Cinema, Spadina Avenue.
    What:  All-day conference + After-Party


    Speaker Lineup

    After Party

    One of the best parts about our previous TechTalksTO events were the unofficial gatherings afterward. They were always a great opportunity to network and have some great conversations. We enjoy it so much, we figured for this event, we’d make it an official part of the day so your ticket will include admission, food, and drinks at the exclusive after-party Saturday evening to be held at a nearby establishment.

    Tickets

    Tickets are available NOW! Alas, due to the size and scope of this undertaking, we have to charge actual money for tickets for this one but we think you’ll totally get your money’s worth. Tickets will be priced at $150, including admission to the after-party, which will also get you a couple of drinks and some food. We also plan to have some food and drinks available throughout the day at the conference venue.

  • BackType acquired by Twitter

    Backtype has been acquired by Twitter

    Congratulations Christopher Golda (@golda) and Michael Montano (@michaelmontano) on Twitter acquiring BackType. We’ve written about BackType since their acceptance in YCombinator (fortunate that we didn’t give iPartee their previous startup too much attention). This is another amazing acquisition of Canadian startups by a Silicon Valley company (make it 16 acquisitions since Jan 2011 see TechVibes). I think Dan was right, this could be a $1B year for Canadian startup acquisitions.

    The BackType team had already relocated from Toronto to San Francisco. And it looks like the relocation to the Twitter offices should be much easier:

    Our team’s relocating to the Twitter office. We’re very excited to not only join an amazing company that’s changing the world, but to continue building products in pursuit of our shared vision with Twitter.

    Finally, I’d like to thank all our investors and advisors, especially Y Combinator, Toni Schneider and True Ventures, Josh Felser and David Samuel from Freestyle CapitalManu KumarChris SaccaRaymond Tonsing and Seth Berman.

    What is amazing/disappointing is that there are no Canadian investors along side the group of amazing investors assembled by Chris and Michael.

  • Founder Fuel Jam Session in TO

    FounderFuel

    Nothing like the last minute planning around here. Ian Jeffrey (LinkedIn, @ianmtl) from FounderFuel is planning on being in Toronto today (June 27, 2011) and tomorrow (June 28, 2011). He is planning on meeting with startups and founders to share his experiences launching FounderFuel, the mentorship and incubation/acceleration plan for participating startups and to talk about tech startups generally. If you are interested in talking with one of the emerging technology company incubators/accelerators you should come and talk to Ian and learn about what is being offered in Montreal. There is a lot of choice in the marketplace for entrepreneurs, and the best way to see the differences are to connect with the people behind the scenes like Ian and the FounderFuel team. This is a great way to evaluate the program, get introduced to the people, and connect.

    FounderFuel Jam Session

    Date:
    June 28, 2011
    Time:
    7 PM EDT – Presentation & Overview
    8 PM EDT – Startup 1-on-1s and discussion
    Location:
    Camaraderie Coworking, 102 Adelaide Street East, Toronto, ON, Canada [map]
    Register to attend:

    From the looks of Alexa Clark’s (@alexaclark) photo exposition at Camaraderie, it is a great space to host a startup. I know that Matt (@mattskilly) and Aron (@defrex) at Hipsell have their startup offices there. It is a great space for startups requiring a great work space, a central location, and the benefits of an enabled coworking culture.

    Beer Station at Camaraderie - Some rights reserved by LexnGer
    AttributionNoncommercial Some rights reserved by LexnGer

  • WaveAccounting raises from INKEF Capital

    WaveAccountingOur friends at WaveAccounting announced yesterday that they had raised a $1.5MM seed investment from INKEF Captial. We’re big fans of WaveAccounting, in fact, it’s what we use to manage the receipts and books for StartupNorth. It means that others see the huge potential with this application. And we’re happy that our accounting provider continues to grow and demonstrate traction. I like stability 😉

    Wave also announced the addition of 2 new senior managers: Scott Zandbergen (LinkedIn) formerly of Sage Software and Stephen Dixon (LinkedIn, @sdixonhalloween) formerly of Deloitte & Touche. Looks like to great additions to the senior management team.

    This is the first investment from Peter Carrescia (LinkedIn, @pcarrescia) who is one of the two new Managing Directors at the INKEF Capital fund which is a ~$200MM fund from OMERS and ABP pension funds. This is really interesting for a variety of reasons. It means that INKEF is now capable of actively deploying funds, they have set up the necessary funding vehicles and mechanisms to be live. This is fantastic news. It also means that John Ruffolo (LinkedIn, @ruffoloj) has hired a team and is actively seeking out Canadian deals. This is great news to for entrepreneurs. John and Peter are well respected and very entrepreneur friendly, this is a plus for entrepreneurs. And simply additional growth capital is a good thing.

    Congratulations Kirk, Jame, and the WaveAccounting team.

  • DemoCamp with Howard Lindzon – June 9, 2011

    DemoCamp Toronto # 28 by hyfen
    AttributionNoncommercialShare Alike Some rights reserved photo by Andrew Louis (@hyfen)

    DemoCampToronto # 29 – The Dirty Details #dct

    Date:
    June 9, 2011
    Time:
    6:30 – 9 PM EST
    Location:
    Ted Rogers School of Management, Ryerson University, 55 Dundas St W, Toronto, ON
    Register to attend:

    Keynote Speaker – Howard Lindzon

    Howard LindzonHoward Lindzon is co-founder and CEO of StockTwits® – a social network for traders and investors to share real-time ideas and information. StockTwits was recently named “one of the top 10 most innovative companies in web” by FastCompany and one of the “50 best websites” by Time magazine.

    Mr. Lindzon has more than twenty years experience in the financial community acting in both an entrepreneurial and investing capacity. With a unique vision for starting and successfully managing innovative companies, he is the Managing Partner of Social Leverage, a holding company that invests in early stage web businesses. Howard continues to manage a hedge fund he started in 1998.

    He created Wallstrip, and more than 400 original web video shows, which was purchased by CBS Corp. in 2007. He is an active angel with many success angel investments including: Rent.com, (purchased by Ebay in 2005 for $415 million), Golfnow.com (purchased by Comcast in June 2008), and Lifelock (lead investors include Bessemer Venture Partners and Kleiner Perkins Caufield & Byers). Mr. Lindzon’s new media and internet business investments also include: Limos.com, Blogtalkradio.com, Buddy Media, Ticketfly, Assistly, Bit.ly and Tweetdeck.

    Mr. Lindzon received an MBA at Arizona State University and an MIM from The American Graduate School of International Management.

    We are looking for amazing entrepreneurs & demos

    The goal at DemoCamp has been to provide a platform for local companies to launch, get product or pitch feedback, to establish a presence for recruiting, to help with PR and social media awareness. We try to get a group of highly connected and apparently highly cynical entrepreneurs, developers, designers, marketers, investors and others in a room to watch entrepreneurs in a safe environment. It’s something between a graduate seminar and a show. The goal is to demo your product and get feedback about your demo, your design, your market, etc. You decide. (It’s a work in progress, but it’s a social event).

    We’re also looking for up to 5 startups or entrepreneurs to demo a new technology. Selected presenters get 5 minutes to show us the best of their application and then ask the audience for feedback, coaching, and insight from a highly connected cynical crowd. You get market advice, technology advice, pitch/presentation advice. Startups seeking advice should apply to demo.

    Apply to Demo »

    Sponsors

    We need a few sponsors to help cover the cost of food and travel. If you are looking for coverage in the newsletter, blog and at the event ping me at david at davidcrow dot ca for details. Sponsorships start at $500.

    • KPMG
    • Thunder Road Capital
    • Research In Motion
    • Department of Foreign Affairs and International Trade
    • National Angel Capital Organization
    • Ontario Centres of Excellence
    • StartMeUpRyerson

     

  • Hack/Reduce Toronto

    Hack/Reduce Toronto - June 18, 2011

    We are pleased to be supporting Hack/Reduce Toronto. The rise of real-time computing, distributed sensors and big data have provided the ground work for development of a way to distributed the processing of these emerging large data sets across a cluster of computers. There are lots of Toronto and global companies leveraging the processing and analysis of large data sets to discover unique relationships in their data (Backtype, Postrank, BuzzData, Attachments.me, Google, and others. This is a wonderful opportunity for technical cofounders to get experience leveraging Map/Reduce, Hadoop and the shared expertise of local experts with some hands-on learning about big data.


    What is Hack/Reduce?

    Hack/Reduce is a free one-day big data hackathon. The goal is to extract valuable information from large datasets and learn how to work with big data. The event brings together Developers, Companies, Entrepreneurs and Students interested in Big Data.

    Provided:

    • Free access to Amazon EC2 clusters that can be scaled up according to your needs.
    • Pre-loaded datasets (participants are encouraged to suggest datasets)
    • Introduction to Hadoop and Map/Reduce and the infrastrucure
    • Support from Hadoop and Map/Reduce experts
    • Food and drinks

    At the end of the event, participating teams and developers get to present what they have done, what they learned and what problems they faced. It’s an opportunity to develop something great, learn Hadoop MapReduce and meet people interested in big data.

    Who is it for?

    Developers, researchers and students in big data or interested in working with big data. The best thing is if you have something you want to get done that requires a lot of computing power. Alternatively, you can come to learn to use Hadoop. Basically Hack/Reduce is about developers, working with new people, pizza, unlimited computing power and large data sets.

    Who is involved?

    Get Involved


  • Summer Lovin’

    It feels like come the lazy days of July and August most of Canada shuts down for summer vacation. There are no new deals to be done. There are meetings, lunches, maybe even a golf foursome but not new deals. So why not take the opportunity to attend one of the local events with other geeks, entrepreneurs to learn and share your experiences.

    DemoCamp

    DemoCamp
    The next Toronto DemoCamp is happening June 9, 2011. We are very lucky to have Howard Lindzon keynoting. Howard is a long time friend of StartupNorth. He has been kind enough to attend StartupEmpire and even kinder to let us republish some of his posts here. This will be an awesome session focused on helping entrepreneurs.


    There are local DemoCamps happening in Guelph, Edmonton, Calgary, there are LaunchParties and New Tech Demos. These are great ways to get out of the office/garage/basement/cube and start talking to real people, hustling for attention and gathering feedback.

    StartupFestival

    Montreal is an awesome city in the summer time. There is the Comedy Festival. There is the Jazz Festival. There is the Grand Prix du Canada. The event is being hosted by Dave McClure who knows a thing about making making new opportunities. He runs 500Startups and the ultimate startup travel event, Geeks on a Plane. StartupFestival is a great opportunity to visit a historic city, and plan on building new relationships and discovering new business opportunities.


    Grow Conference

    Grow Conference - August 17-19, 2011 - Vancouver, BCAnd just in case you didn’t have enough of Canada’s favorite entrepreneurial bad boy, Howard Lindzon, you can see him again in Vancouver at Grow Conf 2011. This was one of my favourite events in 2010. Debbie Landa and the team at Dealmaker Media have put together a great event that mixes Canadian entrepreneurs (Brian Wong, Garrett Camp, Howard Lindzon, Leonard Brody) with decision makers from Silicon Valley (Wesley Chan – Google Ventures, Mike Parker – TribalDDB, Mike Ghaffary – Yelp, Rob Hayes – First Round Capital). I had the opportunity to talk to Minister Clement at the cocktail hour about brain drain, homecoming, funding, angel investing and other things. It was a great conference focused on helping Canadian entrepreneurs.


    Making Lemonade

    Rather than lament about the downtime. There is an awesome opportunity to use the dog days of summer in Canada to keep networking and connecting with other entrepreneurs, with investors from the US, and to set up opportunities that might come to fruition later in the year. I love the program goals of Geeks on a Plane.

    • Meet startups, geeks, and investors in cities around the world.
    • Learn about trends in internet, mobile, and other tech platforms.
    • Gain insight into local markets, demographics, business models.
    • Meet cool people, new ventures, have fun on planes, trains, buses.

    My advice, is you should stop bitching about the travel costs and figure out how to make an investment in yourself, your startup and the community and figure out how to attend one of these events and get back more than you put into travel and lost opportunity. There are lots of great opportunities to meet customers, potential investors, to find new partnerships, and to grow your business. If you don’t see an opportunity, try making one, host a party, do a customer event, plan a launch. Make it work. Debbie and Philippe and everyone involved with both StartupFestival and Grow Conference are dedicated to making great startup conf0erences in Canada, but they are not going to do it all for you. Use these events to make an opportunity.

  • Riding the rails to Waterloo

    Go Train 614 - Photo by Danielle Scott
    CC BY-SA 2.0 Some rights reserved by Danielle Scott

    Why isn’t there a commuter train from Toronto to Waterloo? Ok, you might ask actually ask why Toronto doesn’t have a train from downtown to the airport but let’s leave that for a conversation with more educated politicians and policy wonks.

    I’ve spent this morning with startups in Waterloo, hanging out with people at the Communitech Hub, UW Velocity, and a crazy number of super awesome startups (TribeHRvidyard, 17 muscles, Footloose Games, Willet, Cyborg Trading Systems, Will PWN 4 Food and others). I left Toronto at 6:15am to avoid traffic and be in Waterloo before 8am for my first meeting. The drive was approximately 116 km and took approximately 90 minutes (arrived at 7:52am). I couldn’t help think about why there isn’t a train. The distance is just a little more than SF to San Jose (~74km) and double SF to Palo Alto (~51.5km). I can get a Caltrain from San Francisco to Palo Alto or San Jose.

    Waterloo - Early Stage Companies

    If the assumption is that UWaterloo is a top ranking university (possibly my alumni delusions that cause me to overlook UWaterloo’s non-placement on Times Higher Education rankings). And with more startups like Kik raising money with powerhouses like OpenText, RIM, MKS and Christie Digital. There are less reason for students to have to leave the reason. It makes it more attractive to rent an apartment for the year and stay in Waterloo to manage your costs on your coop program.

    Maybe the argument is that the capital is better spent on more programs for entrepreneurs or road infrastructure. But it seems that one of the greatest assets to the Toronto startup community (UW Coop students and graduates) are disconnected by public transportation. I wonder what my UW alumni brethren like Farhan Thawar (@fnthawar), John Green (@johnphilipgreen), Amar Varma (@extremevp),  Brydon Gillis (@brydon), Ali Asaria (@aliasaria), Razor Suleman (@iloverewards), Kunal Gupta (@kunalfrompolar) think about the need for better connections between Waterloo (assuming a stop in Guelph) and Toronto.

  • Our newest sponsor: VMFarms


    AttributionShare Alike Some rights reserved by Arthur40A

    It was at StartupDrinks or the StartupNorth Meetup when I was talking with Christopher and Hany at VMFarms about our hosting woes. StartupNorth.ca had been offline for about 24 hours, and we were in the dark as our previous hosting provider was trying to recover from a disk failure. Now we don’t have particularly complex hosting requirements, but one of the requirements is uptime. We’d like our services to be available to entrepreneurs 24x7x365. Mind you we’re not willing to pay for 99.999% uptime (learn more about high availability). I would have been ecstatic with “three nines” aka 99.9% or 8.76 hours of downtime per year. But we had failed to meet that requirement at we were approaching 99.5% uptime and without a foreseeable solution we could hit “two nines” (99% uptime) if something wasn’t done by us or the hosting provider.

    We have been very lucky. We had been able to host StartupNorth.ca on a shared hosting solution that allows us to operate our WordPress installation, StartupNorth.ca, a custom Django application, StartupIndex.ca, and some custom development (stay tuned) built in PHP5 + MySQL + Apache2 for $20/month. Cheap if you compare it to what we could be paying. It worked for a long time but I was in the dark and I couldn’t see a light indicating there would be a path to salvation.

    I had met Christopher and Hany a few months before. I personally love the business. In fact, I think I pitch Scott Pelton (@spelton) a similar idea back in the summer of 2010. With Christopher and Hany there is a core team of experienced developer operations and network operations professionals that have cut their chops deploying and supporting high availability leading edge web applications at Avid Life Media (PHP, Rails, Django, etc.). At StartupNorth, we are big proponents of supporting our local ecosystem. We use:

    There was no reason other than cost that we should have our server applications hosted with a non-local provider.

    I approached Christopher and Hany with a proposition. The should sponsor StartupNorth, the sponsorship is an in-kind sponsorship. They provide hosting and support on their infrastructure. We add their logo to StartupNorth web site and page footers, plus we give them the opportunity to write a few posts. The posts aren’t meant to be marketing fluff. I’ve ask the VM Farms team to talk about their real-world experiences including:

    • their experience using different cloud services;
    • network architecture and application hosting for advanced web & mobile applications (think application server, MongoDB or Hadoop clusters plus relational datastores);
    • when/how startups should evaluate the different performance vs cost trade-offs in advanced applications (there’s nothing wrong with choosing AWS but when should you look for alternatives)

    We are incredibly picky about our sponsors. We are even more picky about the posts and authors we ask to join us. We take our reputation and the commentary we provide about the Canadian startup ecosystem very seriously. We’re hoping that we can help educate entrepreneurs about advanced network infrastructure decisions and the impact these decisions can have on costs, performance and growth. And with the team at VMFarms, we have some partners that are experienced and capable of providing a unique 3rd party view of AWS, Rackspace, GoGrid, Azure, Linode, etc. and traditional hosting environments.

    We’ve been on VMFarms for about 30 days now. We have had 2 outages in those 30 days. Both outages have been my fault. Hany and Christopher have been on the ball and responsive to help me diagnose, identify and fix the issues.

    1. Upgrading WordPress 3.1 to 3.1.1 – the Unix user permissions and file access settings I configured on the web directory do not allow the FTP user to write to the web directory. WordPress automatic upgrade requires an FTP user (though we connect using FTP-SSL). I ssh’d to the server, wget the update and “tar -xvzf” to the wordpress directory. This overwrote the .htaccess file and broke the Apache rewrite rules. Resolution time: approximately 15 minutes (because I insisted on doing it myself).
    2. StartupNorth.ca unavailable on April 19, 2011 – turns out we let our DNS registration expire due to an expired credit card. It was identified by 2 users (thank you William and Scott (@scotthom). Hany debugged in about 15 seconds and it required Jevon (@jevon) to renew the DNS registration.

    The team at VMFarms have been fantastic. They are helping StartupNorth immensely. I’m really looking forward to some additional discussion about developer operations in startups (should be interesting given my network infrastructure does not yet include VMFarms – we’re github, Heroku and AWS EC2 + S3).  I’m wondering what John Philip Green (@johnphilipgreen) uses at CommunityLend, Pete Forde (@peteforde) at BuzzData, Daniel Debow (@ddebow) at Rypple, David Ossip (@dossip) at Dayforce, Chris Sukornyk (@sukornyk) uses at Chango, and Mike McDerment (@MikeMcDerment) at FreshBooks use to host their different application layers.

  • ExtremeU 2011

    Extreme Venture Partners

    Our friends over at Extreme Venture Partners have announced the recruitment for the Summer 2011 Cohort of the Extreme University. We written about the past programs:

    The program has historically taken entrepreneurs that need to develop and grow. It has provided them with funding, space, education, access to some of the best entrepreneurs, marketers, business developers and engineers around. While the timeline for success has been different, the companies like Visibli, Uken Games, and Locationary have grown into 3 very strong, very hot Toronto based startups.

    The 2011 Program has been updated based on the learnings from the past 2 years. Accepted entrepreneurs get:

    • Seed capital
    • Mentorship
    • Collaborative office space and shared resources
    • Shared Expertise
    • Network and Connections

    We can argue about if this is fair market value or not, when compared to other seed programs. The Extreme Ventures team is revamping the details of the program. The changes take one of the best programs available and make it even more compelling for eager, resourceful entrepreneurs. It will really redefine incubator programs.

    Why do I say that? Well I spent the first 3 months of development at Influitive living in the XtremeLabs space with the 2009 & 2010 cohorts. I chose to bring my startup and cofounders into this environment because it is the best in Toronto. There is an energy, a vibe of entrepreneurship, community, support and shared pain. There are world-class people like Fred Wilson that visit at the invitation of your office mates (thank you William). XtremeLabs and Extreme VP are launching world-class efforts like Hatch Labs with IAC will continue to bring the best in the world through the space. It is a great environment with the best people I have worked with anywhere – looking at you Farhan Thawar (@fnthawar) and Rick Segal (@ricksegal). All entrepreneurs can benefit from just being in the environment.

    Who are they looking for?

    We fund technology-oriented companies, with a focus on web or mobile-based software, but we are open minded to different ideas. We are looking for smart and fast-moving teams to participate. Typically all members of the two-four person teams will have strong technical abilities. We are looking for founders who have a unique understanding of a real customer problem and an innovative idea for solving that problem.

    If you’re a startup looking for my personal favorite shared space and program you should consider applying to ExtremeU.