Startup Weekend Charleston – EXPOSED!!

Startup Weekend is the world largest program for entrepreneurs, where in 54 hours people from all areas of the technology industry come together to create a company.

But there are people behind the scenes that make it run successfully, and we can't thank them enough!

In Charleston, two wonderful individuals have been spearheading the event: Stacey Segal and Rich Conte

Stacey Segal is the founder of BrightVine Solutions, a team of technology consultants who work to update and deploy cutting edge solutions into the nonprofit industry.  Often, nonprofits don't have the capital to consistently update their technology needs and meet the demands of their volunteers, donors, and those they serve.  BrightVine focuses on the deployment of Blackbaud software, extensive training, and hands-on service to make sure that nonprofits have the tools they need at a price they can afford to fulfill their mission in the modern age

Visit https://www.brightvinesolutions.com to learn more about Stacey and her company.

Rich Conte is a veteran Technology leader with 20+ years of experience in Product Management, User Experience and Product Development.  He has played significant roles in the development and launch of Enterprise-class B2C CRM and Investment Performance solutions at Blackbaud and Thomson Financial.  Rich is also the Executive Producer and Host of the Tech Life Podcast and has built an audience of 25k listeners per month by sharing the stories of entrepreneurs and others in and around the Charleston SC Technology community.

Listen to the Tech Life Podcast here:  https://techlife.libsyn.com/

And when you see them this weekend, be sure to thank them for all they do to make Startup Weekend Charleston a success!

 

 

Bright Minds and Bright Ideas at Startup Weekend Charleston

Startup Weekend Charleston starts tonight with a kickoff party and idea pitch session that will set the tone for the weekend of business development, instruction, and teamwork.  One of the questions often posed prior to attending an event of this kind is if it is necessary to have an specific idea of a business on which to work?  Don’t sweat it if you aren’t the worlds best PHP coder, or don’t have a clue about products or marketing – there will be plenty of participants and mentors there to match skills with projects.  Are you new to the tech world, or have a specialized skill that may not fit all projects?  That’s ok too.

Sometimes, teams form up at weekends like SWC and other hackathons, and then decide to go forward together to build a business from that experience.  Take David, Gabriel and Carlos, who worked together on several projects, while traveling around the world participating in hackathons. After winning one hackathon, they ended up getting into the HACKcelerator, designed to jump-start hackathon winning projects.. Since the hackathon they were able to build a team including developers, strategy, sales, and also advisers and investors.

We strongly believe that a good team is the key for a successful startup. Our startup is called Goin’ With and aims to be a solution created for millennials in order to automate saving without changing the lifestyle you’re used to. Goin’ With you can invest your money and start making a profit off it without having any prior knowledge about investment. We’ve developed the project from zero to product ready to launch, we’ve closed collaborations with some of the best partners in the areas we’re working on and we have obtained very valuable feedback in order to iterate the project.

The goal of Startup Weekend is to get as many good minds as possible working out various technology and business issues all weekend, and the entire event is about having fun, learning new skills, and meeting industry insiders – and for them to get to know you.  Bring your most authentic self, and I’m sure you’ll find your tribe at Startup Weekend.

 

Why do most technology startups incorporate in Delaware?

There are two main reasons why most tech startups incorporate in Delaware: they are incorporating as a C-corp, and they expect high growth.

As others have correctly stated, many people incorrectly assume that Delaware is the best state in which to incorporate when that’s often not the case. In reality, about one-half of all states have adopted the Model Business Corporation Act, making corporate law governing both public and private pretty uniform throughout the county.

While Delaware remains a notable exception, the trend is leaning towards more states adopting the Act, leaving little variation between most states. However, in addition to their state law being highly developed and favorable toward corporations, there tends to be a fairly universal knowledge of Delaware corporate law among lawyers across the country. At the same time, this is often because state corporate law – particularly the further west you go – is often patterned after Delaware corporate law.  Many states enable you to incorporate online with the State Secretary of State’s Office in just a few minutes – and often for a lower fee than Delaware.

Filing as an LLC with subchapter S selection or some other type of entity that’s not a C-corp – especially when there’s no expectation of going public – is often best done in the state where the company is conducting business. Again, these are generalities and aren’t intended to provide specific legal advice or delve into the differences between the corporate laws of different states. I would again emphasize that very often the state in which the business is located is often the best state in which to incorporate.

From Charleston to Seville, Startup Weekend is a worldwide phenomenon

Brains will be percolating and fingers will be tapping away (hopefully a few mechanical keyboards….love that 80’s sound….) this weekend at Startup Weekend Charleston, held Friday Sept 28 – Sunday Sept 30, 2018 at tech friendly locations all around Charleston and Mt. Pleasant.  Competitors have 54 hours from inception to presentation, having to deal with the excitement and drama that pushes agile development, teamwork, and sleeplessness to their limits.

While it’s easy to get caught up in the moment, and focus on just what’s happening here at home, did you know that Startup Weekend is a global phenomenon?  Startup Weekend has reached over 135 countries, with over 210,000 eager entrepreneurs taking up the challenge – including in Seville, Spain, one of this author’s favorite cities to visit.

Promoted by Techstars and supported by Google for Entrepreneurs and SevillaUP, Seville Startup Weekend trains and encourages entrepreneurship that addresses the important issues in their city, and is a unique opportunity to learn how to develop a business idea and make it reality in record time. In addition to the professonals that partake in the passionate pursuit of problem solving, more than 45,000 students around the world take part in Startup Weekend.  Participants share business ideas and develop a startup in 54 hours, supported by the mentors and coaches from within their startup ecosystem. Seville Startup Weekend is the perfect opportunity to make your idea reality with online presence, learn in record time on the steps needed to form a company and key contacts with other professionals in the industry. People with different abilities: developers of software, programmers, graphic and web designers, business people, trade, marketing and communications, as well as entrepreneurs or intrapreneurs are beginners or experts, as well as to any someone with interest in starting a startup, you are more than welcome.  Sound familiar?

Startup Weekend is an event that takes place in over 1000 cities worldwide, and with the immediacy of technology, video conferencing, and the existing infrastructure for global software development, we anticipate that there will soon be fully international teams participating in the weekend, with active participants spread out over multiple cities and countries competing together and solving real world problems that face all of us – not just the issues we see here at home.

You can check out Startup Weekend Charleston at https://www.startupweekendcharleston.com, and peep the folks at Startup Weekend Seville here:

 

Startups and Celebrity Status

At Startup Weekend, the goal is to create complimentary teams, develop solutions to Big Questions, and generally have a good time.   One of the key aspects that the new teams will have to tackle is around marketing and messaging – and there’s no better way to do that then by finding some kind of advocate, often called a brand ambassador.

Some startups have found success in creating strong bonds between their new companies and superstars, and many hot Silicon Valley startups count celebrities as part of their capital stack.  And it’s not just Mark Cuban or the Shark Tank folks who are jumping into the startup frenzy.

Recently, Cristiano Ronaldo took a page from Ashton Kutcher’s playbook by investing and promoting a startup named Mobitto. Mobitto is a mobile app that helps local businesses and brands to increase loyalty and brand engagement. According to their CEO, getting Ronaldo on board was more than a gimmick: it was part of Mobitto’s long-term strategy. Mobitto gives out ambassadorships to key users, who can then collect points by inviting friends, sharing activities on social networks, endorsing merchants, and also by walking in to the store and buying products. Users can also get points for bringing in new business to participate on the platform.  Mobitto is currently working with smaller merchants, but it’s eyeing the major chains and brands. While Cristiano Ronaldo’s ongoing role in Mobitto role hasn’t been defined yet, you can bet that his ability to endorse companies and products from his corporate sponsors will become part of the revenue stream, and that Mobitto has just begun to bring on board the top talent as ambassadors, and investors.

All that glitters is not always gold, though, so just because a startup lands a celebrity doesn’t mean that they’re bound for glory.  It reminds me of a joke I once heard.  A man is at Grand Central Station waiting for his train that leaves at 6 p.m., but he has forgotten his watch. So he looks for someone to ask the time. He spots a guy carrying two suitcases and sporting this fabulous hi-tech watch, so he asks him for the time.The guy replies “Sure, which country?”The fella asks, “How many countries have you got?” to which the man replies, “All the countries in the world!””Wow! That`s a pretty cool watch you`ve got there.””That`s nothing,” the man says. “This watch also has a GPS facility, fax, e-mail and can even receive NTSC television channels and display them on its miniature active color pixel LCD screen!””Boy, that`s incredible. I wish I had a watch like that one. You wouldn`t consider selling it by any chance?””Well, actually the novelty has worn off for me, so for $900, if you want it, it`s yours.”The watchless traveler can hardly whip out his checkbook fast enough to hand over a check for $900.The seller takes off the watch and gives it to him. “Congratulations, here is you new hi-tech watch.” Then, handing the two suitcases over as well, he says, “And here are the batteries.”