Monday, September 12, 2011

Inside Austin?s Capital Factory 2011 Demo Day

Capital-FactoryIt was an absolutely perfect day in Austin this past Wednesday, a temperate and breezy 89 degrees. The kind of day that seemed ripe with possibilities. Austin?s startup community gathered en masse at the University of Texas to hear the pitches from the five companies debuting out of Capital Factory, Austin?s summer startup accelerator. The vibe there was optimistic, and full of energy. The startup community in Austin is doing very well, if the event was any indication (in the afternoon session we also saw demos from 15 of the best and brightest in Austin overall). While comparatively small next to Silicon Valley or New York, the ?Silicon Hills? have one of the most tightly-knit and collaborative of any I?ve experienced. Here is a quick look at each of the five 2011 Capital Factory companies. We saw very polished presentations and with a common theme of companies working on a really big opportunity, but focusing on initial verticals where they could show traction and make early progress. I think this is a (good) artifact of Austin?s pragmatism, and its strength in marketing, sales, and business development.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/da_yOYdJ02I/

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