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Events

Welcome reception for our new Chief Innovation Officer

Monday, March 31st from 5:30pm – 7:30PM

Mark your calendar for this special happy hour. Come join Capital Factory and Google as they give a warm entrepreneur welcome to Austin’s new Chief Innovation Officer, Kerry O’Connor!  Food and beverage to be provided. Must RSVP:  Read more>

Capital Factory Tour+ Incubator Infosession

Tuesday, April 1st

Tour starts at 4pm followed by the Incubator Infosession at 4:30pm

Want to start your own business? Looking for an office space? Every Tuesday Capital Factory will be hosting info sessions open and free to the public! Come meet Joshua Baer or another Capital Factory director, learn about the program and have a chance to ask questions in an informal setting. Read more>

iPhone Developers Meetup

Tuesday, April 1 from 7pm – 9pm

The Austin iPhone Developer Group is about getting iPhone developers together around the virtual iPhone dev camp fire to help solve iPhone dev problems, meet others and have a good time. Read more>

AUSOME- Austin Online Marketing for Entrepreneurs

Wednesday, April 2 from 6:30pm – 8:30pm

Are you an entrepreneur looking for more ways to drive traffic and sales to your website? Join the Austin Online Marketing for Entrepreneurs Meetup and enjoy info packed sessions from Austin’s best in online marketing. Read more>

News

For an in-depth list and full news postings of Capital Factory startups, please join our Capital Factory News group.

https://twitter.com/CFStartupNews/status/450253662158618624

https://twitter.com/CFStartupNews/status/449893873993940992

https://twitter.com/CFStartupNews/status/448459347979677696

Nice photo overview of our space in the @WashingtonPost including @ownlocal and @zingcheckout http://t.co/XtEqqlozp1

— Capital Factory (@CFCoworking) March 25, 2014

Jobs

For an in-depth list and full descriptions of internships and job opportunities at Capital Factory startups, please join our Capital Factory Jobs group.

@taylor_atx @JoshuaBaer We are hiring interns at WP Engine. In all functions. Please pass it on!

— Heather J. Brunner (@heatherjbrunner) March 26, 2014

Rise and grind! @thekhorus is looking for a Lead iOS Developer to join their amazing team! Please Retweet http://t.co/mOrcxUodef

— Capital Factory Jobs ⚙️ (@CFJobPostings) March 27, 2014

@Spredfast is looking for a Contract Web Designer! Join our CF Jobs Facebook group for full postings: http://t.co/vrtfMCrlfn

— Capital Factory Jobs ⚙️ (@CFJobPostings) March 26, 2014

Rise and grind! @ihiji is looking for a Marketing Comm. Intern to join their team at Capital Factory [Please RT] http://t.co/ZQ2lg2Ge80

— Capital Factory Jobs ⚙️ (@CFJobPostings) March 29, 2014

Rise & grind! @BoxCLogistics is looking for a hands-on UX designer in Austin to join their team. [Please Retweet] http://t.co/1NcjLXUYHo

— Capital Factory Jobs ⚙️ (@CFJobPostings) March 30, 2014

VC firms FLOODGATE and Silverton Partners are each contributing a $25,000 cash investment to the winner of Capital Factory’s 2nd annual Move Your Startup to Austin competition at the upcoming SXSW Interactive Festival.  Combined with Capital Factory’s $50,000 cash investment, the total cash prize is now $100,000 and the complete prize package with other sponsors is now valued at more than $210,000 and climbing.  Read more here.

Austin law firm KHRG  is offering 20 hours of free legal consulting to the winner of Capital Factory’s 2nd annual Move Your Startup to Austin competition at the upcoming SXSW Interactive Festival.  The total prize package is now valued at more than $165,000 and climbing.  Read more here.

(Contributed by Gordon Daugherty, Capital Factory President)

You’ve just completed a great investor pitch with heads nodding and good interaction.  You’re about to ask “Does this opportunity interest you enough to explore an investment?” when instead you get a final question: “One final question.  What is your exit strategy?”.  Oops, the last two times you got this question you were met with a sour look.  The first time you wanted to show you aren’t looking for a quick-flip and so you answered something like, “We’re not even thinking about selling the company or doing anything crazy like an IPO”.  The next time you decided to show the investor you want everyone to get a payday and so you answered something like, “We’ve already identified six companies that surely will want to acquire us as soon as we’ve reached $5M in revenue.  They are A, B, C, D, E and F”.  In this blog post I’ll explain why you got the sour looks and suggest a different response that aligns nicely with both company and investor interests.

Read the full blog post here.

(Contributed by Joshua Baer, Capital Factory Executive Director)

I talk to at least a dozen new entrepreneurs each week and probably review two dozen email pitches. Here’s what to expect the first time you contact me.

The bar is much higher if you contact me, instead of getting someone else to introduce you. This is a pretty common practice in every industry. It’s always best to get an introduction from someone trusted by the person you want to meet. If you contact me cold then we’re probably going to exchange a few emails before I invite you to meet in person.

There are some people for whom I will immediately accept any introduction because I know that they already have a very high bar for the type of introduction they would send to me. Those are the people you want to have send me an email on your behalf.

Regardless of how you are introduced to me, here is the thought process that goes through my head and drives the questions I’ll ask you:

1. Can I help your company?
2. Are you someone I want to help?
3. What is the idea?
4. How do you make money?
5. Do you have any traction?
6. Is this a big enough market to support a venture funded business?

Read the full blog post here.

FoundersCard is offering a free 1 year membership to the winner of Capital Factory’s 2nd annual Move Your Startup to Austin competition at the upcoming SXSW Interactive Festival.  The total prize package is now valued at more than $160,000 and climbing.  Read more here.

Congratulations to the six companies selected to pitch at Capital Factory’s 2nd annual Move Your Startup to Austin competition.  The competition will be held on March 7th during the SXSW Interactive Festival and the winning startup will receive a prize package valued at more than $160,000 to help them relocate to Austin and foster the growth of their business.  Prize package information can be seen here.

The companies selected for the competition are as follows:

Feathr – Intelligent, people-centric conference apps

Kwiksher – Create mobile apps from Photoshop

LynxFit – Quantified fitness content for Google Glass

Semiometix Briqs – Design responsive websites without coding

TrendPo – Social media advertising DSP for the SMB

uShip is offering a relocation package to the winner of Capital Factory’s 2nd annual Move Your Startup to Austin competition at the upcoming SXSW Interactive Festival.  The total prize package is now valued at more than $160,000 and climbing.  Read more here.

Car2Go is offering a 5 hours of free service to the winner of Capital Factory’s 2nd annual Move Your Startup to Austin competition at the upcoming SXSW Interactive Festival.  The total prize package is now valued at more than $150,000 and climbing.  Read more here.

The McLean Group is offering a free 409A business valuation to the winner of Capital Factory’s 2nd annual Move Your Startup to Austin competition at the upcoming SXSW Interactive Festival.  The total prize package is now valued at more than $150,000 and climbing.  Read more here.