10 Reasons why Boston was a great start-up town in 2011 – Looking forward to a great 2012

In alphabetical order: Artisan's Asylum  – now with 31,000 square feet on the Somerville/Cambridge line, wood shop, welding shop, machine shop, lots of how-to classes and a great mix of artists, machinists, electronic hobbyists, carpenters. You can finally, for little money, build whatever your mind can imagine minutes from Boston. BostonInno , GreenHorn Connect, Scott Kirsner, VentureFizz, Xconomy and many more that I forgot to mention keeping us informed second by second on the local startup scene. Cambridge Innovation Center – The CIC is an incredible space for launching companies and always a friend to the start-up community. Microsoft NERD Center – The NERD center has hosted for free thousands of events in their spectacular spaces. Great to see the corporate giant doing so much for the local start-up eco system. Mass Challenge  - One million dollars in prizes, free awe-inspiring office space. Attracting worldwide talent to Boston. Yowza. TechStars Boston –  A fantastic accelerator program, $100K guaranteed funding, an exceptional training/mentoring program, friendly … Continue reading →

Carnegie Mellon Entrepreneurs Group Boston Early Stage Funding Breakfast

As a proud member of the Boston Carnegie  Mellon Entrepreneurial Group, I helped organize and present at a panel session last week at TechStars/Dogpatch Labs in Cambridge. We had a great diversity of investors on the panel, Bob Crowley, B. Christopher Kim, Jim Lang, and Katie Rae.  Rick Lucash  hosted the panel.  Thanks to the presenters, TechStars for hosting and thank to everyone that attended Take Aways Your network matters. The panel was in universal agreement that investors, particularly in Boston, are not going to take your phone call or read your business plan, if you aren’t introduced by a trusted source. This is not your standard old boys’ – or old girls’ — network. It is a filtering process. If you can't find the kind of investor the project requires, then you probably are not building a business to thrive. If you are building a business, you have got to network, face-to-face, and not virtually. There is no excuse … Continue reading →

Bending iron in a facebook world

I like software companies. I really do. In fact, I sit on the board of a software company, consult to another, advise a couple more and I am in the early stages of building a web based business. Super Angels such as Ron Conway are investing into up to four businesses (generally software/social media plays) a month looking for the next facebook or more likely the next company sold to facebook, Google and the like. I spend a lot of my time in a different world running BPG Motors, a start-up that is building a compact self-balancing motorcycle. My team spends their days bending and cutting metal, whirling motors and designing systems that encompass long lead-time parts. Rapid prototyping a product for us usually takes months if not years and not days. This is not a business where you set up a good developer with a case of Coke, and a Mac Book Pro and you get a working demonstration of your product finished … Continue reading →