Atlanta Tech Village Prioritizing Local Startups

When we started the Atlanta Tech Village, the thinking was that 80% of the building would be for tech startups (defined as having a proprietary tech product) and no more than 20% for tech related service providers. Quickly, we realized there was more demand than expected from tech startups, thus we limited the number of…

Atlanta Tech Village as an Accelerant

Recently I was talking to an entrepreneur at the Atlanta Tech Village and he told me how they had just found a great designer through the Village community. Then, later that same day, another entrepreneur volunteered that he had made several key connections through the Village, including signing one of his first customers. With the community, connections,…

Notes from the EndoChoice S-1 IPO Filing

EndoChoice went public today on the New York Stock Exchange (NYSE:GI) raising $95 million. This is notable because it’s the first entrepreneur-lead company in Atlanta to go public in many years. Founded in 2008, EndoChoice is a medtech company focused on technologies and products for gastrointestinal conditions with their main innovation being an endoscopic imaging system.…

12 Month Startup Accelerator

We’ve all heard about successful startup accelerators like Y Combinator and TechStars. The model is pretty straightforward: ~$100,000 investment for ~6% of the company, 90-day intensive program, and a Demo Day at the end to pitch investors. This model works well when a large number of the startups are able to raise money at the…

Winning Startup Pitch Competitions

Several years ago I was at a startup pitch event where over a dozen startups presented. Some were OK and some were good. At the end, when it was time to announce the winner, everyone knew exactly which one was going to win. Great idea? Check. Awesome pitch? Check. Believable team? Check. After winning the pitch…

Where Do Entrepreneurs Need Help?

Last week, I was asked if I knew of entrepreneurs in town that had already raised some money and were having difficultly raising a second round of financing. The idea was to try and focus on this subset of entrepreneurs since they had already been vetted by investors and should have something to show. My response:…