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Open cocktail at Founders&Funders tonight (0)

Wednesday, May 14th, 2008 · by Heri · Events, entrepreneurship

founders and fundersAlongside the main dinner, Austin Hill says that there is also a new feature tonight at Founders & Funders, with a cocktail open to everybody, no invitation required. This is a great way to meet investors (and also other fellow entrepreneurs) if you couldn’t make it to the dinner but still wanting to get attention to your project.

There is a $20 door entry fee, which includes 2 drink tickets. The setting is a nice terracce at a cool restaurant, ideal for today’s great weather. Be there at 8.30pm; the Founders & Funders will then join the party at 9pm

What: Founders&Funders cocktail
Where: Newtown, 1476 rue Crescent, Montreal, H3G 2B6
When: Tonight at 8.30pm

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Videorix is a self-serve advertising platform for videos (1)

Sunday, May 4th, 2008 · by Heri · entrepreneurship, startups

videorix Videorix is a new online service that allows video content producers to look for potential ads for their videos.

Videorix allows companies and brands to create a logo and a tagline, that video producers can include at the beginning of their video. In the current system, the producer is paid by video, and not by views (since the latter information is controlled by the platform (youtube, dailymotion, …) where the video is distributed )

Videorix is brought up by Nadim Elgarhy, who already did Brandfame. This was covered earlier in MontrealTechwatch. However, Brandfame was focused on product placement, and the video producer had to find a way to showcase the product somewhere in the story. This process is lenghty, fastiduous, and not always possible for the video producer. That’s how Videorix came up, which has less barriers of entry for video producers and might just be an easier pill to swallow for videographers who want to keep their independence in regards to sponsors.

This will undoubtably get more mass traction than Brandfame, although I am betting that it’s not the only service of its kind either. Even then, the day it will be massively successful, this is the kind of service that Youtube/Google could do in a snap. But what the videorix founders could do is prove that this means significant revenus for video producers, and also gain a significant market share — or better yet, prove that this can be a signicant revenue/business model for all the people who upload videos to youtube.

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Ottawa Web Weekend, May 9th and 10th (1)

Thursday, May 1st, 2008 · by Heri · entrepreneurship, startups

ottawa For those who came to Blitzweekend (view reports about the event), you might be interested in the Ottawa Web Weekend event, which is due in 10 days. The goal is to gather a group of entrepreneurs and developers to create a startup in one weekend, much alike the original startupweekend format.

Unfortunately, we hadn’t anyone from Ottawa coming to Blitzweekend, but I was in touch with Marc-André Plouffe for a while to get them to send a team to Blitzweekend. He’s been helpful in spreading the word there, and so I want now to publicize this.

So get there for one weekend if you want to know what’s a startup like, and have the thrill of creating a product in just 2-3 days. Who knows, maybe that’s what you were born for; and it might just be the starting point for bigger plans.

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Thinking about startupping? Please share your thoughts about the local startup scene! (1)

Saturday, April 26th, 2008 · by Heri · entrepreneurship, startups

blitzweekend
The Montreal startup scene, Blitzweekend, 2nd March 2008

There is a great thread at Hacker news about the best place to startup now, outside of the U.S.

Hacker news is a social news website designed for the “ycombinator community”, and has been hailed by many (Michael Arrington among others) as a leading source of news for programming, hacking, and entrepreneurship.

I know many readers of this blog are either involved in startups, or are interested into starting or joining one. If you are part of the latter category, one of the questions you should ask yourself then what would be the best location for a startup.

Inevitably, Silicon Valley, and also Boston are shown as the reference, with its obsessive entrepreneurship culture, the abundance of investors, smart people and early adopters, which are all key ingredients of success.

There are some good news though as comments on the thread highlights many Canadian cities (Toronto, Montreal, Vancouver, Waterloo, Ottawa, Winnipeg, etc.) as great cities for a technology startup. Some positive points mentionned for Canadian cities:

  • community events and growing ecosystem,
  • cheap rent and cost of living for many cities,
  • accessible and friendly VCs,
  • not much bureaucracy, it’s easy to register a company,
  • great healthcare system compared to the U.S., plus healthier people than in the U.S.

Cons mentionned by the commenters:

  • apparently, many shy away from Montréal and from Québec because they “fear” French
  • might be a problem for those who want sunshin all year long

There are certainly many other reasons why it’s a great place to launch a technoloy startup in Montreal, in Québec or in other cities. I’ve got many in my mind, but I fear I’ll repeat myself. So I’ll leave it up to you, if you think of other reasons, please share them, either here or on the discussion thread.

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Web 2.0 Expo: Exploring ideas old and new (0)

Thursday, April 24th, 2008 · by louiseric · Events, entrepreneurship, web2.0

There were a half-dozen keynote speeches yesterday, sandwiched between the day’s seminars, exhibits, and the sideshows of the unconference, and the evening’s libations and mixers around the offices of San Francisco notables.

Tim O’Reilly went on stage to repeat what Bob Metcalfe and others were saying over 12 years ago, that the network is really the computer. Tacked on were two side concepts. The first idea is an invitation to tackle large common-good projects so that even failing is contributive. The second is an interesting take on the market’s valuation of centralization (Facebook, Google, etc.) even as Web 2.0 is pulling the web towards decentralization (Open APIs, shared contexts, etc.). The end-result is that market-valued centralization will happen through interoperability. The unstated conclusions are interesting though; we can’t value or buy a share in inter-operating companies, unless through a mutual fund (assuming the companies are public) or a Yahoo-style consolidation (if not). Is centralization dressed in new clothes still the same old successful maid of yore ?

The most expected talk of the day was the announcement of Microsoft Live Mesh, a long-haul project built and hyped under the supervision of Chief Software Architect Ray Ozzie. Once you take all of the buzzwords about collaboration and data synchronization out, you essentially get, as far as I can tell, a RSS-enabled shared folder with a public changelog and a programmable API. The first application of Live Mesh is one in which multiple devices can share preference and settings files (bookmarks, contacts, personal Windows settings, the kind of thing you get for a decreasing premium on certain USB keys) so that they are all using the same basic data (as long as they run Windows, although Microsoft promised wider support to a snickering audience). They claim over a hundred developers were assigned to work on this for two years. Taking into account the complexity of building shared-storage systems (instead of, say, collaborating with Amazon or acquiring the likes of Nirvanix), I wonder what the other 90 were doing.

By far the most interesting talk of the evening was a live stage interview with Max Levchin (PayPal, Slide). If you are running low on smart, well-articulated, incisive content, you can always count on Levchin to deliver. Max covered his early attempts at start-ups (4 of them until he found success with PayPal), but focused especially on the social entertainment software that is the core of Slide’s applet business. He went at length exploring the relationship between social actions and advertisers as a non-abrasive promotional vehicle; witness, for example, the addition of a wildly popular pregnancy test to be thrown at others in SuperPoke to coincide with the release of the movie Juno. He covered new ways to segment the market based on behavioral commonalities rather than demographics, an idea that the market analysts at an earlier Consumer 2.0 panel hinted at. Levchin then offered an interesting distinction between applets and traditional software: that applets draw on users’ wish to participate through one destination, made valuable through its character and popularity, unlike traditional applications which are meant to be chosen not for their intrinsic identity but rather for the predominance of certain features and qualities differentiating them from the feature lists of others; that this is what makes widget companies so valuable. Interspersed in the talk was a fourth idea on the lifecycle-prolonging value of widgets as the novelty of social networks erode. Good stuff.

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Web 2.0 Expo: The First Day (0)

Wednesday, April 23rd, 2008 · by louiseric · Events, entrepreneurship, web2.0

Greetings from very chilly San Francisco where the 2nd edition of the SF Web 2.0 Expo, organized by O’Reilly and Techweb, is going strong. Yesterday was the kick-off to the geeky celebration of all things surrounding social computing, with a full-day of seminars and demos for those willing to shell out a few extra bucks. Attendees could choose from a whopping 14 3-hour workshops during the day. The most promising of the morning track was a presentation by Vanessa Fox (the lady who organized and promoted Google Webmaster Central) and Nathan Buggia (Program Manager for Microsoft Live Search Webmaster Center) on “SEO-friendly web application design”: tons of tips and techniques to help search engines crawl, understand and index web applications and applets, as well as a list of dangerous pitfalls to avoid. There are pages and pages of great ideas taken out of this workshop, and you can get it all for free off of the private website janeandrobot.com (an already very valuable resource to be further enriched in the near future based on workshop participant questions).

The afternoon seminar was a promising one on making innovation happen on time. The fact that it was presented by an ex-Microsoftie is somewhat ironic (as it would be if the topic had covered bug-free code or open-source), but Scott Berkun has clearly learned from the depths of the trenches and came up with a toolbox of ideas and concepts useful for firing up innovative thought processes in teams larger than an entrepreneur and a few dedicated buddies (if you lead Facebook or a corporate MIS dev team, this one was for you; for startups the material beyond idea generation was academic). The “on time” part was a trifle thin on details (it was delivered in the last 20 minutes) and basically summed up to three ideas: account for weekends and natural downtimes when planning schedules, cut features before you get late on delivery instead of after, and build in a scheduling/design/experimentation dry-run stage before the start of any project to see how your expectations about tasks and times gel together.

The evening entertainment was an eye-opener. Held in Jamie Zawinski’s technodive-ish DNA Lounge, Ignite SF was a fast-paced Demo-like presentation platform where selected speakers could come and entertain the audience for 5 minutes on a topic of their choice; they were awarded 20 slides of presentation and usually not enough time to cover them all. Topics ranged from startups’ relationships to user commentary (metblogs.com), one lady’s particular love for giant Cloverdale-like monsters, Salim Ismail’s experiment with explaining startup growth through Pirsig-like metaphysics, Christian Crumlish’s hilarious take on social anti-patterns (the bit on how to send automated friend-plea rejection notices from social networks was priceless), an exploration of the open SMS-accessible digital signage around DNA lounge, and a few oddball speeches on successful interviews, the leveraging of your user base, and search engine optimization. The event was a bit like StartUpCamp but with more presenters and no experts, a lot less presentation time than at BarCamp, and a whole lot of hecklers droned out by the chatty crowd whose discussions were lighted up by the variety of topics at hand. This is great way to get to know local techies and entrepreneurs through a wide variety of quirky angles. It is also very fun — we should have this back home.


Louis-Eric Simard is a local tech entrepreneur and an occasional contributor to Montreal Tech Watch who will cover the Web 2.0 Expo in San Francisco as well as follow-up articles on the Montreal companies presenting at the National Association of Broadcasters show held in Las Vegas last week. He is an International Business graduate of the John Molson School of Business.

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Austin Hill and the vision behind Akoha (2)

Sunday, April 20th, 2008 · by Heri · entrepreneurship, startups

Here is a video of Austin Hill explaining his vision and motivation behind akoha.org, a startup to launch later this year.

The akoha website already gives a glimpse of what they are trying to achieve, but I found this video much more meaningful and more powerful than all the logos and colors. A beautiful project for sure, that I found echoed in one of Paul Graham’s recent essay; the question left unanswered now is if they can change people’s behaviour.

A Tara Hunt interview.

Note: this was published a few weeks ago, but I missed it as it was published when I declared a black-outhiatus for everything related to MTW.

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Lavablast wins local round of 10th annual Québec Entrepreneurship contest (4)

Monday, April 14th, 2008 · by Heri · entrepreneurship, startups

Lavablast, which was featured recently on MontrealTechWatch, has won last week the local round of the Québec Entrepreneurship contest, a yearly competition organized by the Chamber of Commerce and other organizations like school boards.

Lavablast won in the Technology & Innovation category, with a cash prize and a one-year membership to the Chamber of Commerce.

It’s great to see a truly innovative company and its founders recognized by the whole business community, although it occured to me that they have already closed their first year of operations and were able to present a business model which was already field-tested, unlike other competitors who were still in the business plan phase. Nevertheless, I hope Lavablast gets more exposure from what they’ve done, especially in regards to students in high school and in universities, showing the new generation in Québec that it’s possible to start a successful software company.

Congratulations to Etienne Tremblay & Jason Kealey!

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LavaBlast’s story, or how two students created a successful software company from scratch (4)

Wednesday, March 26th, 2008 · by Heri · entrepreneurship

LavaBlast, which was started one year ago, markets a series of tools for franchise owners, letting them to centralize operations with franchisees, taking care of sales, accounting and stock management.

lavablast

The “microISV”, as the founders like to call it, follows Joel Spolsky’s philosophy, which is 1 - build a profitable company from day 1, and 2 - eat your own dog food. They also chose from the company’s beginnings not to seek any VC or angel funding.

Jason Kealey and Etienne Tremblay, the two founders who come from the software engineering program from University of Ottawa, knew that they just had to start a company dedicated on making great software. One year after the launch, it seems their business is doing great, and they are now giving back advice to anyone wanting to start a software company (part 1 - part 2 - part 3)

If you have some time today, read those posts. Some interesting excerpts:

…[the long tail] if you build and promote something worth buying, they will buy it.

The most important part of the company is not the idea but the people. A small and closely knit team of people who’ve worked together in the past is a recipe for success, regardless of the idea.

If you’re not happy in your own company, doing what you want to do, you have a problem.

because we’re self-funded, I feel we have a competitive advantage over our VC-funded competition. Our competitors want to skip the flat part of the growth phase and jump directly into the areas of highest ROI. Generally, this means developing one-size fits all software with (if you’re lucky) tons of configuration option

technology doesn’t solve conflicts

Business Plan: Before launching our company, we worked on a short business case and participated in a Technology Venture Challenge. We didn’t win, but it was a very beneficial experience because sitting down and thinking about what the hell you’re trying to accomplish is a very rewarding process.

They also explain in detail what tools they use internally to get the job done (Skype, SupportBlast, Microsoft Groove, Twiki, Lotus Unyte, MS Sharedview). They also advise Station C for any future web entrepreneur :-)

I like to see once in a while a web company that does things differently. They didn’t take any outside funding, they didn’t spend any time on financial projections or market studies, they didn’t chose the fashionable technology of the day (LavaBlast use .NET instead of your typical Ruby on Rails or Python framework), they didn’t spend time coming to our hyped camps, breakfasts and conferences, and actually shipped a product (and got solid revenues) within a year…

Maybe there is a lesson to be taken here.

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VC Roundtable by Rick Segal, April 16th (1)

Saturday, March 22nd, 2008 · by Heri · Events, entrepreneurship, startups

Rick Segal, partner at JLA Ventures, a fund investing in emerging tech companies, is touring Canadian cities in a series of “VC Roundtables” to meet entrepreneurs and local startup community. The goal is to present and explain what really is a technology investor; and also present documents and information about the investment process.

The planned date for Montréal is Aril 16th, from 4.30 to 6.40pm.

This was the proposed format for the Roundtable:

The format will be something like this - and I’m open to suggestions:

  • Evening, about 3 hours in length
  • Informal/Free (super important!)
  • Small Groups (super important!)
  • Information on VC/Angels and the process.
  • Sample Term sheets, documents, business plans, PowerPoints
  • Example Pitch or Pitches to show what’s interesting/good/bad
  • Open questions for a good chunk of time.

What it will not be:

  • Demo/Startup/FooBar/Camp/Conference/MESH/MASH
  • Me trashing your ideas
  • You trashing somebody else’s ideas
  • Three hours of me showing you PowerPoint slides

The hope is that at the end of the get together you will have:

  • An understanding of my world
  • A good set of reference documents/examples/materials
  • Some of your top of mind questions answered
  • A better feel for my industry and if raising third party capital is right for you.
  • A good place to start

Here are some reasons why you might want to attend:
- it’s free and informal
- Rick Segal is one of the rare VCs who participate actively in the startup scene in Canada, he is an active blogger, sponsors and goes regularly to demoCamps, and is committed to support Canadia-based startups,
- you are planning to launch a startup, and looking to raise third-party capital,
- you might be an engineer/a tech guy, and clueless about term sheets and due diligence processes,
- you want to know how to approach angels and VCs and what kind of relationship to have with them,
- you want to know the business criterias (and other) that investors are looking for when investing

Registration is here. It is limited to 25 seats for each session.

There are also sessions in Ottawa on April 16th, and in Toronto the following day, if you can’t make it.

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Found

  • “In contrast with recent VC trends in Québec, IT-related activity was in the forefront in the first three months. Indeed, levels of activity in IT sectors proved to be the only major source of year-over-year growth this time. A total of $44 million flowed to about a dozen IT companies, or 82% more than the $24 million invested in the same number of companies in Q1 2007. Given the decrease in activity involving other Québec industry sectors, this increase afforded IT a disproportionately large share of total activity in Q1 2008 - 51% of all disbursements. In the whole of last year, this share was 32%.”

    - CNW Group | RESEAU CAPITAL | Québec’s venture capital results for Q1 2008 - Venture capital activity declines as private funds take the lead
  • So how will mobile web-apps avail themselves of these features? How do we build a stack that cleanly and easily interfaces physical presence with virtual. What’s needed is a consistent cross platform set of tools that enables a run-almost-anywhere webap to connect on end to the cloud with AJAX and on the other hand just as easily to the hardware features of it’s platform. Existing apps like google’s mobile maps, safari’s gesture recognition, or NFC contactless applications just feel like early signals of what should be possible.

    It used to be the web browser was thought of as your machine’s exciting portal into the virtual world of cyberspace. Today’s more interesting challenge is: how to give cyberspace a portal back into the real world surrounding you and your mobile machine. Anything less is not really mobile computing at all.

    There is an underlying big idea here. is that our devices should be / could be / will be, the billion mobile roofing nails that connect and anchor the virtual world to the real world. That seems like a hell of a concept. Who is out there working on it?



    - Wirelessnorth.ca » Blog Archive » In Web3.0, the mobile web browses you
  • Des alternatives existent pour permettre aux entreprises de se délester de l’opération quotidienne des systèmes d’information et maximiser leur productivité et leur profitabilité. L’informatique doit être un outil et non un frein à la croissance de l’entreprise.

    Un point de départ pour découvrir ces alternatives est le prochain 5 à 7 de TechnoMontréal (sur Facebook), où Hugo Boutet de l’entreprise Oriso Solutions vous présentera comment réduire vos coûts d’opération et augmenter votre productivité en faisant des choix stratégiques de produits et services.



    - Blog TechnoMontréal » Maximiser sa productivité en externalisant la gestion des TI
  • “With the inaugural Founders’ Table dinner on the evening of May 15th, STIRR will have begun its entrance into the Canadian tech scene. Originally co-founded by Sanford Barr in California as a way to connect entrepreneurs, it has become one of the most popular organizations for founders in Silicon Valley. STIRR is now coming to Canada, with Calgary as its base location. Once again, the dedication of Pat Lor and Claudia Moore in building the Calgary (and Canadian) tech community is shown as they will be heading up the STIRR Canada team. One of the most important aspects of STIRR is that it is organized and attended by entrepreneurs that have gone through the process of founding and running a tech company. This gives them direct knowledge of the things that entrepreneurs desperately need (such as funding and guidance), as they attempt to help provide access to those essential elements.”

    - STIRR Comes to Canada | Techvibes Blog
  • “To celebrate its new web portal (the city’s websites are going to keep reinventing themselves until they realize that the entire thing sucks horse manure and needs to be replaced from the ground up), Montreal’s library network crowdsourced (through a contest) the making of a minute-and-a-half-long commercial/film about how awesome the libraries are.”

    - Fagstein » Libraries are way cool, man!
  • “If you’re a student of marketing then you know all about the four Ps: Product, Placement, Price, Promotion. These are the basic building blocks of your marketing strategy. I would argue that when it comes to web / software technologies you need a fifth P: platform.”

    - StartupCFO: The 5th “P”
  • “Revolutions arise out of unstable environments that pass a tipping point and then stabilize into new environments. Healthivate is the tipping point of the consumer-driven healthcare revolution.”

    - Healthivate
  • “areerBuilder.ca, a leading online job site in Canada, has entered a strategic partnership with BRANCHEZ-VOUS! to power its new online job search center. Under the exclusive agreement, CareerBuilder.ca will provide BRANCHEZ-VOUS.com users instant access to job postings in virtually every industry, field and job type across Quebec and the rest of Canada, as well as provide workplace related articles that will explore topics such as job search strategy, career management, hiring trends and workplace issues. BRANCHEZ-VOUS.com is the largest independent portal in Quebec, with over 700,000 unique users.”

    - CareerBuilder.ca and BRANCHEZ-VOUS! Enter Strategic Partnership - FOXBusiness.com
  • “Integration New Media Inc. (INM), a leader in creating rich user experiences, announced today that its president, Vahe Kassardjian, will be co-presenting a session with Adobe at this year’s Webcom Conference in Montreal. The session, scheduled for Wednesday, May 14, 2008 at 10:50 am, will be co-presented by Stéphane LeSieur from Adobe Canada and will focus on engaging clients through rich Internet applications (RIAs) and Adobe® AIR™.”

    - INM and Adobe Co-Present RIA Session at Webcom Montreal
  • “Transcontinental Inc. announced the purchase of Acquizition.biz, Canada’s largest Web-based platform for buying and selling businesses. Acquizition.biz offers more than 1,500 listings representing over 20 sectors of activity, including services, manufacturing, warehousing, processing, technology, retail, transport, the restaurant industry and lodging.”

    - Exchange Morning Post

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