Fast Tracking Your Business in a Startup Accelerator
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Tahoe Silicon Mountain, a network of entrepreneurs and professionals who live and work in the Tahoe-Truckee area, is pleased to welcome Allison Clift-Jennings, Adam Kiefer, and Aaron Sturm to discuss their experiences participating in startup accelerator programs. It’s not easy to get a startup off the ground and highly competitive startup accelerator programs like Techstars and Y-Combinator (whose graduates include Airbnb and Dropbox) have become a way for startups to grow a network, get advice, and receive investment to catalyze their growth. Join us for a moderated panel discussion with three local founders, Allison Clift-Jennings, CEO of Filament, Adam Kiefer, CEO and Co-founder of Talage, and Aaron Strum, Head of Business Development for StreamLoan, each of whom has been through two accelerator programs. Targeting their discussion to both those generally interested in startups and startup founders ready to explore applying to an accelerator, they’ll discuss the pros and cons of startup accelerators, how you get into these highly competitive programs, and what startups can expect to get out of them during these 3-month intensives. Mountain Minds Monday will be held on Monday, June 11th from 6-8 pm at Pizza on the Hill, in Tahoe Donner located at 11509 Northwoods Blvd., Truckee. Pizza and salad are available and we use a pay-what-you-can model ($5 minimum). Before and after the panel discussion, there will be time for networking. The event will also be livestreamed and available online as it happens on YouTube: bit.ly/YouTubeTSM This month’s event is sponsored by New Leaders, Holland & Hart LLP, The Lift, Molsby & Bordner, LLP, and Mountain Workspace. You can find us at TahoeSiliconMountain.com or sign up for email meeting announcements here: http://bit.ly/TSMEmail
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Fast Tracking Your Business in a Startup Accelerator
- 1. Welcome!
- 2. • Schedule • Turn off cell phones • Always use a mic to speak • No swear words • Finding food/drinks • Let’s get the livestream started!
- 3. • Name • Job Title / What you do • If relevant: How TSM has helped you recently Introductions
- 4. MOUNTAIN MIN DS MONDAY An educational topic & speaker each month 2nd Monday of the month 6-8pm, Pizza on the Hill bit.ly/TSM-FB FIRST FRIDAY AT FIVE Entrepreneurs helping each other 1st Friday of the month 5-6pm, The Lift bit.ly/TSM_FFF BeerJS: TAHOE Clean air, clean code and good beer 3rd Tuesday of the month 6-8pm, The Lift bit.ly/tahoejs
- 5. • Keeping informed! oEmail newsletter – read it oFacebook group oYouTube – archives of all events / intros - bit.ly/YouTubeTSM Announcements
- 6. • Startup Weekend Tahoe! o Congrats to the winners! Announcements
- 7. Announcements • Pitch Camp & Showcase
- 8. • TSM is Presenting at 1 Million Cups Reno o Wednesday, June 13, 2018 o 9am @ the Innevation Center o www.1millioncups.com/reno Announcements
- 9. • Free: Local high school students w/ ID • Free: MMM Volunteers o Sign up to volunteer: bit.ly/VolunteerTSM Making TSM Events Accessible
- 10. THANK YOU! For being generous with pay-what-you-can Our dedicated volunteers
- 11. Please return to our YouTube channel to watch the rest of tonight’s event: bit.ly/YouTubeTSM Get an email when we go live! • Go to bit.ly/YouTubeTSM and login • Subscribe button top-right • Click bell next to subscribe
- 12. Networking time! Be seated at 6:43pm
- 13. Community Partners Gold Sponsor Silver Sponsors
- 14. Become a gold or silver sponsor bit.ly/SponsorMMM TahoeSiliconMountain@gmail.com OR Ask Me!
- 15. THANK YOU! Individual Sponsors Become one: bit.ly/IndSponsorMMM
- 16. Fast Tracking Your Business in a Startup Accelerator Allison Clift-Jennings CEO Filament Adam Kiefer CEO, Co-founder Talage Aaron Sturm Head of Bus. Dev. StreamLoan
- 17. • Introductions by Panelists • Allison Clift-Jennings, Filament • Adam Kiefer, Talage • Aaron Sturm, StreamLoan • Moderated Panel Discussion • Audience Questions Agenda
- 22. 22 SMALL BUSINESS INSURANCE MARKETPLACE
- 23. The Product Select and purchase the right policy without talking to an insurance agent
- 24. Our Partners Talage only works with AM BEST “A Rated” or better insurance partners
- 25. 25 A Brief History of Talage Founded Sept 2015 First Company on Platform First Customer Hired Contractors Joined Acceleprise Joined UnBank F&F Round Lead Investor First National Partner Closed Seed Round Employee #1 2015 2016 2017 2018
- 26. 26 Accelerators
- 27. More Than Just An Application.
- 28. Our Mission To Make the Journey to Home Ownership as Rewarding as the Destination.
- 29. StreamLoan: Bringing Together the Key Players Borrower Real Estate Agent Back Office/LOS Underwriting Funding Compliance What's required Where in process Share disclosures, contract Visibility to process Other Professionals Share documents Contribute to process Loan Officer Manage business on the go Lead Generation Loan Manufacturing Close/Funding Borrower
- 30. StreamLoan’s Brief History 2015 2016 2017 2018 • Foundation of team • Develop thesis around product • Run tests and build • Work on funding strategy • Grow team • Land 1st large customer • Apply for accelerators • Continue to work on funding • Go through 500 start ups • Bring on key head count • Develop product • 1st large enterprise launch • Apply for additional accelerators • Go though Yodlee accelerator • Hire sales team • Close pre-seed round • Continue to work on funding • Focus hard on sales • Develop product • Close seed round • Continue to work on funding
- 31. 7 Key Takeaways From My 500 Experience
- 32. Fast Tracking Your Business in a Startup Accelerator Allison Clift-Jennings CEO Filament Adam Kiefer CEO, Co-founder Talage Aaron Sturm Head of Bus. Dev. StreamLoan
Notes de l'éditeur
- Welcome to MMM, we’re a program of TSM I am Rachel Arst McCullough President of Tahoe Silicon Mountain I’ll be your emcee tonight
- Before livestream starts Schedule – live in a few mins // Intros // 6:45 main event
- Be sure livestream is started before intros. No selling. Example of helping – finding co-founder, hiring someone, getting business advice. Me first.
- 5 teams, over 30 participants TSM members were mentors and volunteers Winner Rural Runner - saves rural residents the hassle of making shopping trips to the city Runner-up Tract - an easy way to track improve your carbon footprint Next one April 2019 / Reno Nov
- A weekly event showcasing two Reno area startup companies and helps them succeed through audience-led Q&A.
- We want to make our events as accessible as possible Fireplace room, appropriate for people with young children Offer opportunities to attend at no cost Low cost pay-what-you can With our sponsors, it makes what I just discussed possible
- Check with TTCTV before starting: Gold Sponsor H&H: practice many types of law, including Intellectual Property, which may be of interest here Silver Sponsors New Leaders: Sponsored us for about 7 years. A Truckee- based web & mobile application development company Mobo Law: Offices in Truckee, Reno, Sacramento, and Incline Village. Represents clients in business law, construction law, estate planning, family law, intellectual property, real estate law, and bankruptcy. Mountain Workspace: Newly opened coworking space (March) in Incline Village
- Pay $150 Year Entry to all Mountain Minds Monday Pizza and salad One beer or wine (or 2 sodas) No waiting in line
- Built the first all digital marketplace for small business insurance. Spent a career in insurance and over the last 10 years the channel hasn’t kept pace and small business are getting screwed.
- Designed to give businesses a familiar Kayak experience.
- Big deal- 8 highly rated carriers Not public api- gatekeepers and processes First to truly offer the comparison across multiple carriers
- Business model Funding history Need
- Slide 6 [Product b] Simple. We connect and satisfy needs of the the key players. Borrower 1. What documents are required to get the home? 2. Where are they at in the process? 3. Ability to take action. Lender 1. Share document requirements 2. Build a clean loan package to close faster Real estate agent 1. Share disclosures/contract 2. Gain visibility into the process (e.g. >2/3 of lenders don't even let the realtor know the deal closes!!!! Unbelievable.) At the end of the day, our platform increases transparency, efficiencies, productivity, and supports business growth.
- Slide 6 [Product b] Simple. We connect and satisfy needs of the the key players. Borrower 1. What documents are required to get the home? 2. Where are they at in the process? 3. Ability to take action. Lender 1. Share document requirements 2. Build a clean loan package to close faster Real estate agent 1. Share disclosures/contract 2. Gain visibility into the process (e.g. >2/3 of lenders don't even let the realtor know the deal closes!!!! Unbelievable.) At the end of the day, our platform increases transparency, efficiencies, productivity, and supports business growth.