Wednesday, April 15, 2015


6 Finalists to Compete for Top Prize at Seattle Angel Conference VII


Congratulations to the 6 Finalists who will compete for more than $200,000 dollars in funding on May 20th during the final event for Seattle Angel Conference VII.  In less than three years, the conference has invested more than one million dollars in 7 local startups across a wide range of industries.
These Finalist companies represent the future of mobile, fashion, culture and business. 
Seattle Angel Conference VII had the highest number of company applications in its history at 51.  Here are the 6 Finalists:
YOTTIO @4yottio
Helping to craft the next generation of inclusive news and entertainment

Glamhive @glamhive
Social media platform for everyday fashionistas to share, shop, and monetize their style.

Tomboy X  @tomboyexchange
Lifestyle brand that creates, curates and cultivates clothing and accessories

attachedapps 
Powerfully simple tools to retain, manage and grow your customers

payboard  @payboard
Processes over ten million events every month for customers to figure out which steps are most likely to lead to conversion

Sqoop  @sqoopinc
Helping journalists gather news 

Friday, April 3, 2015

13 Semi-Finalists to Compete for Top Prize at Seattle Angel Conference VII



Competing for $200,000 in funding!

Congratulations to the 13 semifinalists who will compete for more than $200,000 dollars in funding on May 20th during the final event for Seattle Angel Conference VII.  In less than three years, the conference has invested more than one million dollars in 8 Washington States firms across a wide range of industries.

Across all Industries

These semifinalist companies represent the future of mobile, social media, music, culture and business.  Whether it’s collaborating online to create your next dream room or building your own platforms for live video and music, one of these startups could be the next big thing!

On to Deep Due Diligence by our Volunteer Team of Angel Investors




SAC VII set a new record with 51 applications.  Here are the 12 semi-finalists (One company opted to remain anonymous)

YOTTIO @4yottio
Helping to craft the next generation of inclusive news and entertainment

Purplewall  @purplewall4all
Online collaborative interior design platform

tapTrax   @taptrax
Rapid music discovery- find infinite new music and make fast custom playlists from suggestions

Glamhive @glamhive
Social media platform for everyday fashionistas to share, shop, and monetize their style.

Tomboy X  @tomboyexchange
Lifestyle brand that creates, curates and cultivates clothing and accessories

Crowsnest  @crowsnestio
Crash Analytics for the Internet of Things

GolfPadGPS   @golfpadgps
New real-time game tracking system that works with Golf Pad app on your phone.

Ripple  @ripplemethis
Spread your thoughts

Powerfully simple tools to retain, manage and grow your customers

nouvola  @nouvolatech
Quickly find and fix cloud performance issues before they become a problem

payboard  @payboard
Processes over ten million events every month for customers to figure out which steps are most likely to lead to conversion

Sqoop  @sqoopinc
Helping journalists gather news 

Sunday, February 1, 2015

Startup HR - Identifying Your Needs and Recruiting Talent


HR for Startups Identifying needs and recruiting talent & strategies:  - Daniela Luzi Tudor

Training Workshop for Entrepreneurs

Tuesday, February 3, 2015 from 6:00 PM to 9:00 PM (PST)

SURF Incubator
999 3rd Avenue
#700
Seattle, WA 9810

 



Identifying Needs & Recruiting Strategies!
In this session you will learn: 
1. How to identify what type of talent you need to get your startup off the ground 
2. Strategies and methods on how to find the right person
3. Making the hire
4. Continuing to ensure team happiness and success!
You will learn tricks and tips to use your network and free tools like LinkedIN to find your core first members of your team!

Daniela is currently the Community Development Manager at General UI, a mobile app and emerging technology development company. She focuses on strategy, recruiting, marketing and PR. Daniela's background is in IT recruiting, HR & sales for Fortune 100 companies and start-ups nationwide. She grew up across five countries and is passionate about music, technology, art, philanthropy, and traveling.

Thursday, December 4, 2014

Seattle Angel Launches Seattle Angel Fund


Seattle Angel Team, Group operating Seattle Angel Conference, Launches Seattle Angel Fund.

New investment fund to help drive economic growth across sectors in Washington State.

Driving Economic Growth

Seattle Angel, the group operating the Seattle Angel Conference, announces the launch of a new angel fund focused on investments in Pacific Northwest start-up companies, beginning in January 2015. The Seattle Angel Fund aims to drive economic growth and prosperity in Seattle and throughout the Pacific Northwest by creating growth opportunities for investors and businesses.

 What is next for Angel Investors

 The Seattle Angel Fund is a follow-on to the three year old, highly successful Seattle Angel Conference, begun in 2012, to train new angel investors and bring more funding into the Pacific Northwest start-up ecosystem. The organizers at Seattle Angel estimate there are more than 60,000 people qualified to angel invest in the Seattle area alone, yet fewer than 500 are actually investing in local start-ups.
Susan Preston, General Partner for the CalCEF Clean Energy Angel Fund, the Buerk Endowed Fellow for Entrepreneurship at the University of Washington, and a Trustee for the Angel Resource Institute, will be the Seattle Angel Fund’s professional manager, bringing a wealth of early stage investment experience.

Committed to the Pacific Northwest


Based in Seattle, the Seattle Angel Fund is committed to the Pacific Northwest’s entrepreneurial ecosystem. The Fund is an annual fund, and will typically invest in five to seven launch stage companies per year across all industry sectors. Investment decisions will be based upon due diligence and selection of portfolio companies by the investors themselves, rather than by the fund manager. More at www.seattleangelfund.net

Friday, November 21, 2014

Benefits of Losing Seattle Angel Conference

I’m Dallas Jasper, CEO of Connect2Classes.  
"The whole process is a learning experience; it is well organized and attended by people truly interested in supporting start-ups."
We participated in SAC VI which ended on November 12 and I highly recommend other entrepreneurs to consider applying.

How SAC works

First of all, if you don’t know the process here it is:
·       40+ companies apply
·       An initial review is made and (approx) 25 companies are asked to do a 3 minute presentation
·       The investors meet and invite 12 companies to do a 10 minute presentation
·       Again the investors meet and 6 companies are assigned a Deal Lead and invited to enter Due Diligence, and then to present at the final conference.

How to Prep: 3min vs 10min

We did not win, but we did make it to the final 6.  Here are some of my thoughts:

Clearly being asked to do a 3 minute presentation is tough – how can you properly represent your company in 3 minutes?  You have to think of this stage as exactly what it is – a gate to the next stage.  Your goal is to get through the gate and move on.  The best way to do that is to be yourself and show the best of what you do, what you plan to do, how your company will succeed and investors benefit.  Three minutes goes really fast – make sure your most important points are first – if you run out of time you will be asked to stop.  Don’t try to memorize something, it will come off as stiff and unnatural and the first real hurdle is for the judges to trust you!
In contrast, when you are prepping for the 10 minute presentation, you may feel that you have the luxury to be more wordy; be careful that 10 minutes still goes very fast!  At this point you will be expected to tell a story that starts with a large problem and ends with a large number of people paying you to solve that problem.  You will need to be very clear on the numbers: how big is the market, how much will people pay you to solve their problem, what will it cost you to reach these customers, and how do those numbers grow over time?

Q&A Session More Important than You Think

The Q&A portion of the ten minute presentation is very important.  You need to be able to answer the questions quickly and succinctly.  Some of the questions can be tough as the audience is knowledgeable in many markets.

Major Benefit of Just Going Through Due Diligence-  

If you are fortunate to get to the final six, you will be assigned a due diligence team and a Deal Lead.   For us, this is the point at which we started to really benefit from the process.   I can’t say enough good things about our deal team.  We met with them in person twice and spoke and emailed constantly for 3 weeks. They dug into every area of our business and encouraged us to move forward on things we had been thinking about.  

Driven to Traction and Revenue in 3 Weeks! 

If you have done any investigation into SAC, you will know that traction is very important.  We went into the first presentation without paying customers, just free trials.  During the due diligence, the team encouraged us to convert our free trials into paying customers, and by the end of the 3 weeks we had converted about one third of them.  We discovered that our free trials were getting a lot of value from our site.  By the final presentation we were able to show that we had paying customers and that those customers represented sales that proved out our business model.

Engaging Other Investors

The Final Presentation is open to the public and offers lots of opportunity to engage with other companies, investors and people who are interested in what you are doing.  It was great to hear quick updates from the previous SAC winners and to see how far they had come since their investment.  If you get to this point remember, that your presentation needs to show the SAC Investors what you have done since your last presentation, but also tell the whole story to other potential investors in the room.  You never know who might be interested.

Totally Worth It! 

While we did not win, we did benefit from the experience, met some great people and moved our product forward.   We truly appreciated the time and effort of the SAC team, as well as our due diligence team. 


Monday, November 17, 2014

Portland startup takes prize at Seattle Angel Conference

Portland startup takes prize at Seattle Angel Conference

 

_Portland Business Journal

Nov 14, 2014, 7:23am PST Updated: Nov 14, 2014, 7:39am PST
Portland startup Energy Storage Systems was the winner at this week's Seattle Angel Conference. The three-year-old firm has developed a cost-effective, energy-efficient, environmentally-friendly battery system using iron can power light industrial, agricultural and commercial facilities.

Portland-based Energy Storage Systems has secured a $135,000 investment ....more