The Founder Showcase is a quarterly startup pitch and networking event that gathers over 300 top technology CEOs, investors, and seed-stage companies in Silicon Valley to hear talks from leading CEOs, and help launch a promising startup to greatness. The 11th Founder Showcase was Wednesday, July 25th at the Microsoft Silicon Valley Campus. Guests were treated to an entertaining Pitch Competition featuring 8 of the best seed-stage companies graduating from Founder Institutes globally; as well as talks by Kevin Rose (Founder of Digg, Venture Partner at Google Ventures), Aaron Levie (Co-Founder & CEO of Box), and Hiten Shah (CEO of KISSmetrics). Appetizers and drinks will also be served in a networking hall full of other hot startups demoing at the Demo Table Competition.
One of my favorite roles is “cultural attache” to visiting tech founder from aboard. I truly enjoy sharing the uniqueness of the Silicon Valley Bay Area especially San Francisco’s culture and tech scene. It’s always a buzz with startup and tech meetups and activities. This is why the Silicon Valley remains the tech Mecca of the world. I love the events, demos, pitches, hackathons, meetups, happy hours, conferences and so many more.
Tomorrow starts my escapades with the Singaporeans visiting for Founders in the Bay. They are a select group of future tech entrepreneurs here for the 11th Founder’s Showcase with Kevin Rose, Aaron Levie & Hilten Shah.
The Founder Showcase is a quarterly seed-stage startup pitch and networking event that gathers Silicon Valley leaders to hear talks from top CEOs and investors, and help launch a promising startup to greatness.
The 11th Founder Showcase is scheduled for Wednesday, July 25th at the Microsoft Mountain View Campus. Guests will be treated to an entertaining Pitch Competition featuring 8 promising seed-stage companies, as well as talks by Kevin Rose (Founder of Digg and Venture Partner at Google Ventures), Aaron Levie (Co-Founder & CEO of Box), and Hiten Shah (CEO ofKISSmetrics). Appetizers and drinks will also be served in a networking hall full of other hot startups demoing their wares in the Demo Table Competition.
Organized by Battle Ventures, Founders in the Bay (#foundersinbay & #fib2012) is an invite-only immersion program for Singapore-based technology startup founders to learn about the burgeoning technology market that is Silicon Valley.
I was happy to assist with their itinerary. Check out a few of the great events and meetings we have arranged:
Since the economic downturn, I am happy to see President’s Obama’s initiatives are really going towards improving the economy, creating innovation and providing jobs. Here’s some info from the Small Business Association about the “Start-Up America Initiative.”
As part of President Obama’s “Start-Up America Initiative” SBA is implementing the Early Stage SBIC Initiative that intends to commit up to $1 billion in SBA guaranteed leverage over a five year period to selected early stage venture funds using its current Debenture program authorization. This initiative is intended to promote American innovation and job creation by encouraging private sector investment in job-creating early stage small businesses.
Early Stage SBIC final regulations and the accompanying Call Notice may be found in the Early Stage SBIC docket folder at www.regulations.gov or for more info click here.
How will the Early Stage Call Process work and what is the timing?
Answer: The Early Stage SBIC Call Notice describes the process and timing in detail. In general the process will include: A) Call Period; B) Initial Review; C) SBIC Fundraises and Finalizes Documents; and D) Licensing. In order to expedite applicants that have already raised sufficient capital, SBA has established two “tracks” for the Early Stage SBIC Licensing Process as follows:
Track 1 – Applicants with Capital: This includes all applicants that have signed commitments for at least $15 million in Regulatory Capital and the remaining capital needed to achieve the minimum $20 million in Regulatory Capital for Early Stage SBICs “soft-circled”. Track 1 applicants that receive a Green Light will need binding unconditional commitments of at least $20 million in Regulatory Capital when they file their Licensing Application on or before July 30, 2012.
Main stage: 40 companies launch (1.0 track) or launch new products (2.0 track) and compete for titles including Best Design, Best
Technology and Best Overall
Office Hours stage: ask great investors/entrepreneurs your burning questions
Skills stage: learn how to improve your UI/UX, raise an angel round, succeed in the App Store & more
Angels, accelerators and VCs invested $1.4M in companies from LAUNCH 2012.
The Grand Jury of seasoned investors and top journalists will observe all the main-stage action and choose our winners, while our judges will sit on stage and give instant feedback on every demo.
Plus hundreds of already launched startups in the Demo Pit — those that most impress the Grand Jury will get to present on stage. This year we had a friend, Dema Tio, founder of Vibease, visiting from Singapore presenting at the demo pit. Vibease is an innovative hardware+software teledildonic product intended for remote intimacy via smartphone. I have seen the prototype and quite intrigued, I’m quite excited about being a beta-tester. The booth attracted more attention and received quite a few double takes because they used an oversized purple dildo and an attractive blonde booth babe.
My favorite session was the interview with Israel President, Shimon Peres. Peres was in California promoting Israel’s entrepreneurial & startup community. It was hilarious to see the Peres’ staff made a hilarious rap music video featuring Peres, which totally took the audience off guard and produced noticeable laughter from the audience. When the video was shown, Peres didn’t seem thrilled or embarrassed of it. Just goes to show that he has a great sense of humor.
DEMO PIT The DEMO Pit — which had 200 companies this year, including the 42 official competitors — was open to all startups that were less than 18 months old. Some startups launched in the DEMO Pit while others promoted their existing product.