22 Feb 2012

DreamIt Ventures To Launch in Israel; Connecting Co-Founders at SXSW 2012

Israel's accelerator ecosystem is continuing to expand with DreamIt Ventures' launch event at Afeka College tonight in Tel Aviv. Register here.

I had a chance to meet Managing Director, Kerry Rupp at the Landmark Ventures Dealmakers Conference where she shared her insights on the program, its expansion into Israel, and their partnership with Capital Factory in Austin to help entrepreneurs find co-founders at SXSW 2012.  Click here to learn more about the the entrepreneur speed-dating program during SXSW.

Mitchell Golner, Managing Partner with Dream It Ventures Israel will be running the program here in Tel Aviv.  Related coverage here on TechCrunch.

10 Sep 2010

DFJ Mercury’s Blair Garrou - @bgarrou - on the Role of Seed and Early Stage Investing #DD10 @capitalfactory

During the Capital Factory’s Demo Day in Austin, I had a chance to catch up with Blair Garrou, Managing Director at DFJ Mercury in Houston.  DFJ Mercury is a seed and early stage venture fund.

VC Minded / Super Angel Financing

Blair’s firm looks at deals ranging from $100,000 to $1,000,000, so an event like this is a great place to get a sense of what early stage companies are trying to build out before they go to someone like Blair’s firm.

 “You know it when you see it….”

As you can see in this video, Blair talks about the types of companies he is looking for, and how the way the world has changed in terms of raising money.  The cost of starting up has been dramatically reduced, especially when you can outsource infrastructure services from companies like Rackspace or Amazon. 

Blair’s looking for deals in gaming, and specifically any type of company that is taking advantage of game mechanics to drive users and usage on the mobile web.

Blair also points out that if you can raise some amount of angel money, you are more likely to attract the attention of a firm like his.  If you’ve raised some amount of money from an angel, then it also means that you have someone who has done some due diligence as a precursor to having a firm like DFJ Mercury consider you and your team.

Follow Blair here on LinkedIn:  /bgarrou

And Twitter: @bgarrou

 

 

3 Sep 2009

Capital Factory: 09/09/09

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September 9, Austin-based Capital Factory will be video streaming an event live from their website so if you are somewhere other than Austin, you can tune in remotely for all the startup presentations!

Here’s the deal: there are more and more “incubator” type programs (Y Combinator, Tech Stars, etc.) for startups these days, particularly as the traditional funding/seeding path (VCs) has changed up so much.

Austin entered the mix last May with Capital Factory, its own early stage incubator, and has grown 5 selected tech companies (out of more than 200 applicants) all summer (Cubit Planning; Famigo; HourVille; PetsMD.com, and SpareFoot) – all very different and innovative, w/ much promise for the future!

Following 10 weeks of hard work and $20,000 seed money, and more than $20,000 free services/support and mentorship, the 5 companies will be officially demonstrating/launching their business concepts at the Capital Factory Demo Day, again on Wed., Sept 9 at the UT AT&T conference center in Austin.

The goal for Demo Day is to have the companies present in front of potential future investors, supporters and partners, as well as media. Beyond 8 minute demonstrations by the 5 companies, the day’s agenda, running from 8:30 am to 2 pm, will also feature a kick off by Mike Maples, Jr, Austin tech exec success story and managing partner of Maples Investments, and will end with a VC panel, “What’s it Take Today to Build a Super Startup?”.

WHEN: Wednesday, September 9, 2009, 8:30 a.m.-2:00 p.m.

WHERE: AT&T Conference Center on the University of Texas campus
1900 University Avenue
Austin, Texas 78705


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Alan Weinkrantz