Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
September 10, 2011 10:50 am GMT

Inside Austins 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. Austins startup community gathered en masse at the University of Texas to hear the pitches from the five companies debuting out of Capital Factory, Austins 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 Ive 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 Austins pragmatism, and its strength in marketing, sales, and business development.

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

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch