We are delighted to open the applications for our next Techstars class in New York City.
The application deadline is October 19th, and the class will kick-off mid January, finishing off with Demo Day in April. To date, we’ve done five programs in NYC, and graduated over 60 companies including Contently, Timehop, Crowdtwist, Moveline, Lua, ClassPass, Plated, Placemeter, TriggerMail, Tutum, and MakersKit.
Below is the calendar of our recruiting events. We’d love to meet with you, tell you more about the program and discuss how Techstars NYC can help you accelerate your business.
- Thu Sep 11th – Techstars Open House
- Mon Sep 15 – Wed Sep 17 – Techstars NYC in Paris
- Tue Sep 23rd – Techstars Alumni Panel
- Tue Sep 30th – Pitch night @ Techstars
- Thu Oct 9th – Seed Funding Panel
- Tue Oct 14th – Techstars Open House #2
In addition to these events we will be holding office hours on Skype. Please tweet at @alexiskold to get link to the Skype calendar.
We have written about Top 10 Reasons to Join (or not Join) an Accelerator. In addition, here are the things that are particularly great about the Techstars NYC program:
1. You get AMAZING mentors
You will have access to NYC founders and CEOs, top angel investors, venture capitalists, as well as amazing mentors with background in product, engineering, marketing and finance.
2. You really grow & accelerate your business
The program is rigorous and metrics driven. We help the companies make tangible progress and help grow & accelerate their business. Our approach is based on numbers, because numbers and facts are a lot more fundable than just stories (we love stories too, but we love stories with numbers more).
3. You get a network for life
Techstars is not just a 13 week intense program. It is one of the largest and fastest growing networks of entrepreneurs around the world. Once you are a Techstar, you are a Techstar for life, and you get to be part of the network that helps you go faster and accelerate your current and future businesses.
4. You are at the center of NYC tech scene
New York has become a great place to build a startup. We have a ton of smart business people, engineers, entrepreneurs, executives, and investors who are working together to create valuable and lasting companies in NYC. By joining our next program you put yourself at the center of it all – literally, our brand new 13,000 SQ FT space is overlooking Times Square and the Empire State Building.
We are calling on all passionate entrepreneurs with big vision and focus on execution. Everyone is welcome and encouraged to apply. We particularly look forward to seeing companies building unique, interesting technologies and companies with revenue and real traction.
Forming teams is an organic process. You can join any team that you want to join. If you like someone’s idea, talk to them and see how you can help the team.
Some ideas will attract more people to it. So the way you pitch your idea is important (https://blog.up.co/2014/08/31/pitching-idea-startup-weekend/). Some ideas will find it harder to build teams. You may have to go out and talk to people individually to get them to join your team. You have to sell people on your idea and tell them why they should be helping you with your idea. This part of the evening is most chaotic and it is designed to be this way. Its going to be a tough process to recruit people to join your team. So push on through and build your team.
We found a correlation between successful pitches and team building: the better the pitch, the easier to build the team.
All teams must have a minimum of 2 people and at most 8 people.
What if I am unable to build a team or my idea wasn’t picked.
This is a natural occurrence. Some ideas will not be able to put together a team before the night is over. It happens. The WORST thing to do is to just leave and not return on Saturday. Please dont do that. You came all the way to Startup Weekend to learn about building startups and to challenge yourself. If you leave now, you will miss out on the learning you can do over the weekend. And worst of all, you will miss out on building new friendships with all the people around you.
So if your idea wasn’t wasn’t picked or you are unable to to build a team, find a team/idea that you like and join it. You will learn so much that weekend so you can apply it to your own idea after the weekend is over.
Cool, I got a team! Now what?
The clock is ticking away! Get to work! Get to know your team. Exchange contact information with each other. Start to discuss your various backgrounds and expertise. Asses what each other can do and get yourself ready to hit the ground running on Saturday morning.
Each person will get 60 seconds to pitch their idea to the audience. Only 10-15 ideas will be selected to move into the weekend. Pitching an idea is not an easy task. It takes practice to sell your idea & vision in 60 seconds.
As a reminder, you can’t pitch your existing business/app. Startup Weekend is designed to be the most effective platform for growing new businesses from the ground up over the course of a weekend. A key facet of the weekend and a central value for participants is the spirit of complete collaboration, buy-in and ownership. We’ve found that having existing businesses in the mix undermines this spirit, in addition to creating an imbalance between those ideas that are truly ground-level.
If you have an idea and you have been doing some customer research, researching on the internet, designed some wireframes, talked to businesses to see if there is any demand, then great! Thats fine. We expect you folks to do your own due diligence before hand. As long as you havent launched, have customers or an MVP of the app.
In 60 seconds you need to:
5-10s Who are you?
10-20s What’s the problem? Use this time to set up the story. How did you discover this problem? How can we (the audience) relate to it? How many people are affected by this problem? Build that connection to the audience to capture their attention.
10-20s What’s your solution? Mobile? Web? Something physical?
5-10s Who do you need? Developers? Designers? Product folks?
Take the time and practice your pitch. Practice in front of your friends and see if you can convince them to vote for you.
Today we graduate our 5th class in NYC and my very first one as the Managing Director. It has been a fantastic experience – one of the best, most intense 3 months of my professional career.
The companies in this class spawn a world of ideas and industries. What unites them is their passion for what they are doing, and the incredible hard work they’ve put in during the class. Companies made real, significant progress and we are proud to be part of their journey.
Codestarter is the first non-profit ever to go through Techstars. Their mission is simple. Give each kid a laptop so she can learn how to code. Imagine all the kids today who can’t afford a computer.
Imagine giving them the opportunity to learn how to code. What do you get in 10 years? Code Starter thinks you will get founders of Techstars companies and other startups. And we agree.
In just last two weeks, Codestarter secured 111 laptops. Thats 111 kids that can learn how to code! To learn more about their vision and to help, head over to http://codestarter.org.
Concert Window is an online music venue. Musicians can play a show from anywhere using their laptop. Fans tune in, pay what they want, buy merch and chat with each other during the show.
Each month Concert Window hosts over 350 shows and music festivals. In recent months the number of artists signing up with Concert Window increased 3x and the company’s sales increased 5x. Last week was the highest total sales week in the history of the company.
Concert Window’s vision is to be a major player in the rapidly growing $31BN live music space.
Hullabalu uses technology to create next generation interactive stories for kids. Their first story series, featuring Pan the purple panda, has hit #1 in Books in 38 countries. Over 150,000 kids play in Hullabalu’s world and use their apps every month.
Hullabalu’s vision is to build the future of stories. They use proprietary technology, tools, and data to tell better stories and make their content more engaging over time.
By understanding what characters kids engage with, what paths they take through the stories, and how they explore each scene, Hullabalu is creating a new kind of story experience – one that is immersive and truly tailored to every child.
Infinit is a fast and beautiful application for transferring files. Instead of sending files via email or Dropbox, you can send them a lot faster using Infinit app for Mac and Windows. It really is as simple as dragging and dropping a file, totally painless and elegant.
Under the hood Infinit is built using world class peer-to-peer file transfer technology. Because of the way it is implemented the app is 2-3x faster than competitive solutions. The company also announced a coming mobile version and with that, it aims to be the best and simplest way to send files between all your devices.
Lynxsy is a mobile recruiting platform that helps companies hire junior talent on demand. Lynxsy is already generating significant sales, and has grown sales 30% month-over-month. They have worked with more than 40 companies, including Digital Ocean, BetterCloud and Skillshare.
Lynxsy is starting by helping connect startups with college grads who are looking for entry-level, non-technical roles. Managers can post available jobs that get pushed out to pre-screened candidates through a simple and easy to use platform.
Lynxsy’s pre-screening and matching process reduces the time to hire to 7 days from the average of 23 days. In addition, Lynxsy’s platform handles all payments and paperwork, further reducing the risk and hassle of hiring.
MakersKit is an interactive media and e-commerce company that pairs fun DIY kits with fun instructional videos. To date, they sold over 40,000 kits of which 25,000 just in last 60 days. The company has been growing sales 40% quarter over quarter. Makers Kit now has nationwide distribution deals with Urban Outfitters and Nordstrom. They also have partnerships with HSN, Macys, Zulily and Birchbox.
MakersKits is taking the makers movement mainstream by helping everyone become more creative. The kits come with everything you need to make the project, you don’t need to ever go to the store. Instead of boring instructions, each kit comes with the interactive videos featuring MakersKit founders Mike Stone and Jawn McQuade making the whole experience of doing the project a lot more fun.
Matter.io is building flexible manufacturing for the next generation of designers, makers and creative businesses. Instead of dealing with dozens of vendors and costly, unscalable processes, designers can use matter.io – a one-stop modern factory for small batch production.
Matter.io is starting with jewelry market and has 5 customers already live. For these designers, the process is simple – upload your CAD design, select from a set of options such as material, finishes, and delivery options. Matter.io automaticallly calculates the prices and turn around time. Once all the options are configured, designer gets a simple link that she can embed on her site.
Matter.io handles all the logistics of making and delivering pieces on demand, when customers actually buy them. To handle the production, Matter.io relies on a blend of backend processes from 3D printing to rubber molding, but all of this is invisible to both designers and customers.
Pathgather is the new approach to enterprise learning that helps employees learn more, share what they know, and connect around their professional development. Pathgather is already generating significant revenue and counts Qualcomm and HBO among its customers.
Several things make Pathgather unique and exciting. First, it is employee driven, and actually empowers people to learn. Secondly, in addition to making available all the corporate learning content, Pathgather comes pre-built with the best learning content from around the web. The software is also really beautiful and easy to use.
Pathgather’s vision is to unlock the learning potential of every organization. Imagine knowing the actual skills of every employee; knowing who is an expert in what topic; finding an answer or an expert within an organization on any topic. Thats the new enterprise learning vision from Pathgather.
Rival Theory is working on applying artificial intelligence to digital characters that learn, interact and play with you across multiple apps and games.
Rival Theory’s platform is used by more than 6,000 developers and is #1 AI engine on Unity, which is #1 tool for building video games. The new version that the company is working on will introduce unique and exciting ability to create emotionally intelligent characters.
Rival Theory is building apps that showcase the capabilities of this new platform. These apps will feature IO, the first emotionally intelligent character that has persistent memories about the player, and uses them to personalize the game play across multiple games.
Standard Analytics makes the world’s science accessible via structured API. Until today, science is still published as plain text – without underlying data, code and dependencies. As a result, key concepts inside articles cannot be identified or connected. Its hard to verify, reproduce and connect scientific knowledge.
Standard Analytics is creating the world’s largest repository of structured science. It has indexed more than 20MM papers, 5.5MM unique concepts, and offers an API to pharmaceutical companies, publishers and individual scientists to help them access science in smarter, more efficient way.
SocialSign.in enables businesses to leverage their guest WiFi to learn more about visitors and build relationship with customers. SocialSign.in is already generating significant revenue and has doubled each month this year. The company has tripped the number of venues that have their software installed to 158. Current customers include The Bean, Schubert Theaters and City Winery.
SocialSign.in transforms guest WiFi into a marketing channel. It offers its in-network businesses dashboards with insights into foot traffic, visitor demographics and tastes of the customers. They already offer many existing integrations with CRM and email services. Guest experiences are branded and tailored by the business or sponsor and the channel converts customers to other marketing channels like email, Facebook, Twitter and apps.
SocialSign.in’s vision is to build a massive network of 3,000,000 venues in US and bring the joy of free WiFi and easy connections at the places we love to spend time at.
Tutum is a new type of cloud computing service that uses application container technology. Over ½ of all IT budgets are spent on deploying and managing applications, yet it is still very time consuming and inefficient. Current solutions include Platform-as-a-service (PAAS) and Infrastructure-as-a-service (IAAS). Both have tradeoffs between simplicity and flexibility.
Tutum is Containers-as-a-Service, and no longer requires users to compromise between simplicity and flexibility. In the past few months developers around the world launched more than 2,000 applications using Tutum’s public beta. They see the benefits of deploying and managing their applications using container technology instead of traditional virtual machines – containers make applications portable and deployments efficient.
Tutum’s vision is to create the next generation of cloud computing: simple, flexible and cost efficient.
Please join me in wishing Techstars NYC 2014 class best of luck!