For those who followed me for a while, I moved from digital media to contractor services, providing a tax efficient payroll and employment solution for a large number of contractors. It has been about 18 months, and I finally think I have learned enough to take a breath and look up at the SME world in general, and at employment and tax specifically. It still affects digital media companies, and high tech start ups, and I will slant my posts towards them.

 

It’s good to be back

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I’ve closed my old blog at Blog.David.Bailey.Net and moved the content in clumsy steps to http:\\www.fomentors.com

Frankly, I just got fed up with fighting Blogware, and have learned to love WordPress

This site will soon be pointed to by the old host at Tucows and that will be that. New home, new focus

(with apologies to Douglas Adams for the title)

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TCBattle
#tcbattle

Summer was definitely warm in the TechHub, as 30 start-ups had 60 seconds each to explain who they were, what they did, why they were amazing and what they wanted.

Sitting along side were the eagle eyes and sharp minds of Eden Ventures, M8 Capital, Moonfruit, Neuhaus Partners, Whitebear Yard and others.

Lurking in the room were GE Capital and some others.

The prize on offer, after a 60 second pitch was the chance to further explain to the investors in a 180 second pitch. Now that is value!

(any errors in spelling are entirely mine – it is hard to listen, type and understand at this speed, especially given the vast range of accents in the mix, from Eire, UK, Italy, Russia, South Africa, France, Spain and more)

1.    Hullomail – voice mail snippets on smart phone
2.    DAD@com – Sematic Desktop
3.    Zyke – online gambling metrics and BI with significant profit add to companies
4.    Callaboard – video conferencing with Augmented Reality and interactivity
5.    Crowdscanner – event management layer bringing social media into the real world
6.    TR Trader – market-trading desktop for emerging markets and niches nibbling on Bloomberg by using social media tools
7.    Duedil – people reviewer and recommendation app for modern businesses, especially interims and consultants, call it a “reputation wiki”.
8.    AD Avengers – display advertising made super easy (ex-yahoo)
9.    My Art – madrileño collaborative art system to monetise it and change the world
10.    YourNextRead – crowdsourcing how to find your next read (affiliate, recommendation, referral and finder hybrid)
11.    MindQuilt – knowledge management in Enterprize 2.0 social Q&A with gaming dynamics
12.    Me-Stars – mobile social gaming network with emotional animated avatars
13.    Whaddado – social bookmarking to answer ‘what to do’ in a real world. Who’s up for it?
14.    LogEntries.com – Cloud based log management solution for large logs with 100x time save from JLizard
15.    Privilink – top layer over sms, email, social media so private details never revealed, but conversations enabled (think: how does PayPal enable you to pay without revealing an ID)
16.    OneLeap – payment based system for trusted introductions to top people (recipient sets price, proceeds to charity).
17.    Ensyke – Social Search with trust emphasis across multiple social networks.
18.    Ecclecta – online bookshop site builder, white label service with affiliate layer and revenue shares.
19.    The Nudge – a location based social recommendation site plus.
20.    Geomeum – live local, live social, geosocial platform, an Oxford Entrepreneur prize winner.
21.    Pridzenaps – enables the mobile billions to find deals and things to buy. Penny auctions, social sharing and all on mobile. (remember 60% of Kenyans have mobile bank accounts).
22.    Future Content Labs – media content strategy, a step on for the bait-and-switch content for ads model. Matches ads to content using a wonderful algorithm. Easy to install via Moonfruit or WordPress Module
23.    GetYou – digital brochure distribution for large conferences using AT tags and bluetooth downloads.
24.    Moodles – mobile booking of low cost air flights, super simple, real time, go now!
25.    Fubles – ebay of sport. Creates a real time sharing / booking site for players and teams.
26.    FaceValues – allows you to buy and sell directly inside social networks like Facebook.
27.    OnePage – your business card in the cloud, sort of Plaxo for the cloud (myonepage.com), with tag and search and organise functions. Revenue via add-ons / plug ins
28.    Subsifier – simplest online payment gateway for anyone to use. Plugin and invisible layer, no need for a merchant account, revenue via transactions and referrals.
29.    QHUb – build your own Q&A website, deeply thought through plus search, ads, and subs revenues.
30.    Psonar – keep your music online, listen anywhere. Cloud hosted, pay per play (instead of pay per track), with market space for bands to sell their own tracks on same mechanism.

Did you get all that? Hope so, because then there were 15 ‘one sentence ‘ pitches. All too fast to type, but some of them were really fabulous to hear!

I got carried away listening to Oxigen.TV what a pitch.

I’ve already enjoyed listening to MoneyDashboard.com at another event.

HR Locker! That man got the room on its feet. Even Mike Butcher has to bow to the will of the crowd.

[insert small beer break here]

Then the hardcore 3-minute pitches. Much more detail and real business grit, but packed into 3 minutes.

31.    ProspectVision – turns dead traffic into behaviourally analysed sales leads, drives sales for your site, takes a volume-based fee, is cash positive and has customers. Nice customers.
32.    Me-Stars – well, we know what this one does as it is us.
33.    Gourmet Origins – clever white label food origins, information and recommendation site with bolt on market places and social media hooks.
34.    CrowdScanner – explained a little more about how real world socialisation is broken, but can be improved by social media and network technologies. I found it hard to understand the revenue model (unless event organisers pay?)
35.    CalaBoard – “Minority Report” style interaction over videoconferences with participatory diagrams and flip-through media. Early days, but a very cool idea!
36.    Duedil – Looking for advisors and users, so an easy sell in this room. Very clean site that shows what the person you are thinking about working with is really like… Reputation management and job finding, on a trusted and trustable platform.
37.    MindQuilt – brings the corporate headspace out into the semantically indexed knowledge base of the company through social media styles tools and clever indexing. Accessed by mobile and desktop, it cleverly routes the question to the right person, and learns the routings.
38.    OneLeap – it became clear that this is a tool to reach the very creme-de-la-creme of industry, finance and politics. The recipient sets a ‘max messages per month’ and a starting price. If the recipient does not respond, you get refunded. If you get an answer, OneLeap gets paid, the rest is split to two charities nominated by sender and recipient. Cool.
39.    Geomium – Among the huge number of geo-linked social platforms, they have a nice tag line and are really rather nicely backed at White Bear Yard. Problem is, I think they have not read Tomi Ahonen on what location on mobile really means… and I think they badly underestimate the growth time for such a social tool that filters out 90% of traffic.

Wow. So, who says there is a recession?

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This used to be my playground.

When I had a proper job, this was where I lived.

If anyone tells you that entrepreneurship is glamorous or exciting, tell them to compare it to a career in accountancy, law or banking, all of which offer greater perks and greater average lifetime earnings.

We are entrepreneurs for the love of creation, not the money.

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It has been a month since I posted content here – a cardinal sin in blogger land, and one which instantly cost me readers and raised questions. My effort simply went into clients and other projects, but they have given me insight into new areas of entertainment media and publishing that will lead to some [read more...]

 

The afternoon sessions 1.     How Not to Pitch to a VC – Katy and Andy from Eden Ventures 2.     Dirty Dozen Start up Secrets – Andy from Huddle 3.     The Art of the (email) Introduction  – Chris from First Round Capital 4.     The Trials of US Funding a UK start up – Alicia from Skimbits [read more...]

 

Cortexico – simple visual search, clever cloud back end, nice App at front end Cute Fund – crowdsourced financial prediction tool with weighted influence based on past accuracy of recommendation Decibel – digital music services for music metadata DriveK – source your next vehicle (and they get paid for the qualified referral)   GameCreds.com – [read more...]

 

Investor Panel – Early Stage investing right now ·      Chris Fralic (first round capital) ·      Michael Jackson (mangrove) ·      Robert Klein (the accelerator group) ·      Mattias Ljungman (atomico) ·      Alan Patricof (greycroft / apax) – the ‘father of venture capital’, opened in UK in 1977 with a first fund in 1981 of £10m … The [read more...]

 

Investor Panel – Early Stage investing right now ·      Chris Fralic (first round capital) ·      Michael Jackson (mangrove) ·      Robert Klein (the accelerator group) ·      Mattias Ljungman (atomico) ·      Alan Patricof (greycroft / apax) – the ‘father of venture capital’, opened in UK in 1977 with a first fund in 1981 of £10m … The [read more...]

 

GEEKnROLLA Mike Butcher  (@mikebutcher) Headlines Think of the product first, don’t restrict your ambition to the local market. Make it an amazing product. Think of the world, and how you can reach it. Before you launch into designing and building, take a ride around and see what the rest of the world is doing. Odds [read more...]