Ann Arbor New Tech September Meetup

Sep 21 Tue 6:30 PM
Location
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Attendance
 138  people attended.
4.50 4.5020 (20 ratings)

Who organized?
a2geeks

This Meetup repeats on the 3rd Tuesday of every month.

Five presenters this month take the stage for ten minutes each, five minutes to demo and five minutes to answer questions, followed by open announcements and community networking.


  • Mary Lemmer, EnergyFlair - consumer energy savings showcase
  • Scott Goci, Scoople - tailored job search engine
  • Brendan Doms, Staxup - web consumer sentiment tracking
  • Reed Benet, RWO Ventures - startup SBIR incubator/seed fund
  • Michael Godwin, Resonant Ventures - startup seed fund by Wolverine Venture Fund alumni

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Talk about this Meetup

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  • Husnu Kaplan
    Husnu Kaplan

    Reed, thanks for your kind offer. I would like to but I will have to take a rain check due to some other commitments I already have on Friday.
    And "no", I did not go to Princeton. My last name means tiger in my native lanuage (i.e., Turkish). ;-)

    Posted Sep 23, 2010 10:25 AM
  • Anthony Oliver
    Anthony Oliver

    I think even if one VC comes to the meeting then it is a success. I thought the idea of this group is to present your idea, get some feedback from fellow geeks, and hopefully, in the words of southpark, "the Internet makes lots of money. Give us some of that money!"

    Also, Dug is very humble and doesn't like to toot his own horn, but there is a good article that should be given a read here:
    http://www.concentratemedia.com/features/QnA-DugSong0120....

    Posted Sep 23, 2010 10:06 AM
  • joost allard
    joost allard

    Interesting to see this discussion being taken 'off-line'. Definitely will try to join you tomorrow to see how the conversation develops.

    Posted Sep 23, 2010 9:21 AM
  • Reed Benet
    Reed Benet

    I'd like to see a StaxUp analysis of the after action comments. ;-) Husnu I owe you lunch. Noon Friday starting from Sweetwater on Washington? Everyone else invited, but I'm only paying for Husnu. ;-) My cell is 415 342 3634. [email protected]. I'll look for a tiger (did you go to Princeton?), you look for sushi.

    Posted Sep 22, 2010 9:46 PM
  • Husnu Kaplan
    Husnu Kaplan

    I have nothing against the venture capital firms. In fact, I appreciate their efforts and services especially in our state. I just find "new technology" presentations more intriguing. :)

    Posted Sep 22, 2010 9:25 PM
  • Dug Song
    Dug Song

    Timely Xconomy piece on Michigan venture funds: http://bit.ly/9kRE95

    Posted Sep 22, 2010 9:25 AM
  • Anthony Oliver
    Anthony Oliver

    I was planning on going but the weather forced me to change my allegiance. Thanks Roger, now I can have my cake and eat it too!

    Posted Sep 22, 2010 8:43 AM
  • Reed Benet
    Reed Benet

    4: ...Thus, with respect, and hopefully with this previous relaying of facts far outweighing any claim that I'm being too self serving, complaining too hard about one wonderfully real and another would-be seed venture capital firm taking up Tech Meetup presentation slots is perhaps closer to suggesting how to "rearrange deck chairs on the Titanic." Note that I do not begrudge your comment, because it gets us talking about how WE plug the Titanic's hole for us all to go up on the tide.

    Posted Sep 22, 2010 7:49 AM
  • Reed Benet
    Reed Benet

    3: ...As for Resonant, we should throw a parade for them. Imagine a real and funded dedicated seed stage VC in Michigan! In 2009, MI got 0.4% of CA's fundings ($3M vs. $744M) and 1.6% of its number of deals (2 vs. 124), despite having roughly 25% of CA's population, gross state product, and state and federal R&D money to its academic institutions. MI is also a leader in such inherent factors of inventiveness such as # and per capita % of engineers/scientists, corporate R&D, etc....

    Posted Sep 22, 2010 7:40 AM
  • Reed Benet
    Reed Benet

    2: ...And if there were any accredited investors in the crowd whose venn diagram has an overlap of (1) looking for highest possible returns with the lowest possible risks, (2) wanting portfolio diversification and leveraging the SBIR selection process as an unpredentedly competent way to do at the least technology due diligence, and (3) caring about severly seed stage capital underserved Michigan, then I'd appreciate the chance to talk to you...

    Posted Sep 22, 2010 7:35 AM
  • Reed Benet
    Reed Benet

    As per Oscar Wilde: The only thing worse than being talked about is not being talked about. ;-)

    Husnu, RWO Ventures is a start-up seeking capital and partnership deals just like any other....

    Posted Sep 22, 2010 7:34 AM
  • Dug Song
    Dug Song

    Husnu - having investors pitch is actually a first for us, and decided to support their efforts as they're just getting started (trying to raise money themselves).

    We need more seed-stage investors in the ecosystem, and to honor our gracious hosts at the b-school, felt it was meaningful that they're both Ross alumni. Our past meetups have featured over 70 startups - this one was really just an anomaly.

    I'm in Palo Alto now, reeling at the "AngelGate" drama blowing up here. So different.

    Posted Sep 22, 2010 12:55 AM
  • Roger Rayle
    Roger Rayle

    Video of 9/21/2010 A2NewTech meetup is at http://www.ustream.tv/recorded/9736803

    Posted Sep 21, 2010 11:29 PM
  • Dug Song
    Dug Song

    hrr, bummed to miss our first meetup of the school year - my team and I will be in the Bay Area all week... :-(

    Posted Sep 13, 2010 2:57 AM

Who attended?

  • 138 attendees
    • “ Great set of speakers for the September meetup. The VC talks were very encouraging. It is great to witness firsthand how the investor environment in this area is evolving and going more early stage, a crucial stage of economic development. This is very important to tech start-ups and a welcome sign of things to come. I'd like to see more presentations along these lines, even beyond investors. Anything that is supporting the tech community growth in the area. Interspersed with the start-ups themselves, of course! Thanks to all that organized this event. ”
    • “ this was my first meetup and I really enjoyed it. I though the quality of presentations, ideas and questions was great. I've already RSVP to the next few meetings and look forward to early 2011 when I'm ready to present. ”
    • “ this was an excellent opportunity to learn about new technologies and the business models surrounding their development. ”
    • “ Good presentations, presenters were kept on time and on target. Great meeting overall. ”
    • “ I would like to see more technology start-up presentations than venture capitals/seed funding companies presenting themselves. ”
    • “ Having been a presenter, my review probably needs to be discounted. But I thought it was a great venue, the other presentations were interesting and possibly actionable, the 5 minute presentation/5 minute Q&A was well structured, the moderator was excellent, and the questions were very good. Thanks for the courtesy of letting me present! ”
    • “ Great meetup - loved it when the audience was polled to see how many people were involved with IT or software based startups and most everyone raised their hands! So much for tech being dead in MI!! ”
    • “ Interesting as usual...just the time date and microphones are small problems. I wish start time was 7pm. I was out all day and could barely eat dinner and get there. 3rd Tuesday is a busy time. It is hard to hear questions still ”
    • “ Was very interesting and educational. ”
    • “ I felt that there were more content than previous meetups. It's something very positive. I liked the diversity as well, like having a VC pitching/sharing their thoughts. And there were not technical hiccups at all, that's a sign of progress as well. Overall very well organized and executed meetup. Kudos to all who contributed. ”
    • Dan
    • David Goldschmidt (+2 guests)
Founded Jan 28, 2009
Ann Arbor, MI 42.31-83.7 48105US
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Community Sponsor

UM Zell Lurie Institute

2010 venue sponsor

UM Tech Transfer

Winter 2011 Sponsor

Safford & Baker, PLLC

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