Fred Wilson, as usual, had some valuable insights on his blog yesterday. The topic this time was particularly interesting, how the government can stimulate the startup ecosystem. He started by saying that there are at least two ecosystems in NYC, one around BioTech and one around Software/Internet/Digital Media and that the two are seperate. While this seems obvious to those of us who live this day in and day out, politicians tend to be a little dense.
Fred points to two primary ways that public funds and energies can be applied to nurturing the NYC tech scene. The first one is the chorus that resounds through just about every community trying to build a tech scene, WE NEED MORE ENGINEERS! This of course applies to Pittsburgh as much as anybody, but I think there are plenty of engineers (at least more then the Pittsburgh tech scene can currently handle) to be had coming out of CMU. This is why I think it is so awesome that Google confirmed today that their offices are going to be twice as large as we previously believed. This, and a growing startup community, can form the basis for a community that’s attractive to the top engineering talent.
Read Write Web recently posted a great article called “Going Alone: Thoughts on the Single-Person Startup”. It talked how founding a business alone can be more risky and difficult then founding one with a co-founder.
Even with what looks like hard road to travel alone not having a co-founder is not an excuse. The article stresses that point and the fact that there are other factors that dictate a startups success and failure.
The Pittsburgh Business Times reported that ModCloth, a Strip District based online indie clothing company, raised $19.8 million in the largest VC round of 2010. They plan to continue to seek funding until they raise over $30 million in funding.
I am really happy for these guys and there a shining example of what can come out of the Pittsburgh startup community. What started out in a dorm room is now a large company with offices three cities. I can no longer call ModCloth a startup but I am still going to follow these guys closely.
Very quickly they moved from startup, to small business, to an internationally known brand. I think my only concern is that as they gotten bigger, their quality has dropped. Still I don’t think that is enough to stop them from growing even larger. All the girls I know that complain about the quality, still buy over $100 worth of merchandise from them monthly (no joke).
February 10th, Google announced they are putting their hat in the ISP ring. While they are blatant about their reasons (to encourage more competition, improve speeds and decrease price) the hope of communities to be one of the test markets quickly grew. Councilman Bill Peduto, Carnegie Mellon, University of Pittsburgh, UPMC and Mayor Luke Ravenstahl, on February 12th announced their plans to put together a comprehensive response. Thanks to the support generated by the local community.
When news broke on Tuesday, the Pittsburgh Startup and tech communities rapidly fired off tweets employing their elected officials to put together an official response to the RFI. Since the crash of the internet bubble people have been bootstrapping and finding more and more ways to reduce the cost of starting a company. High-speeds and cheap internet have always been known as an attractor of entrepreneurs and helps a city be “start-up friendly.”
The current internet offerings in Pittsburgh aren’t dismal, but there is always room for improvement. One of the main goals of the program is to enable bandwidth intensive programs such as streaming three dimensional medical data to doctors around the world to learn and improve the care given. UPMC provides a prime opportunity for this given their innovative medical procedures and “early-adoptor” mentality to technology.
The Pittsburgh government, rightly, sees this as an opportunity to continue to spur economic growth. Hopefully they can put together a legitimate response and show Google that Pittsburgh can be more than just an engineering shop.
To assist in the effort you can write in to support your community, complete the Nominate Your Community form. Some things you may want to highlight in your response:
Lack of true competition for decent Internet
UPMC as a medical hub for the region
A number of current start-ups build on the internet
Faster internet will continue Pittsburgh’s economic recovery
AardarQ, a provider of a B2B AppStore framework for embeddable devices, just received $100k in funding from Innovation Works. Employing six people with plans to grow, AardarQ looks to build their customer base from two to three.
“The Innovation Works funding is a stamp of approval for our technology and our team’s ability to grow the business,”
Pittsburgh, PA – February 10, 2010AardvarQ™, LLC, provider of the industry’s first configurable, B2B AppStore™ Framework, today announced that it has been added as an Innovation Works portfolio company (http://www.innovationworks.org). Innovation Work’s resources will be used to expand AardvarQ’s AppStore Framework and to service initial customer demand.
AardvarQ’s AppStore Framework enables embedded device manufacturers to offer an innovative user experience for their B2B customers via a fully configurable online storefront. In addition to providing a steady flow of valuable productivity applications for their devices, AardvarQ enables device manufacturers to obtain detailed usage profiles for their installed base through its Web-based Device Dashboard.
“AardvarQ is a great addition to the Innovation Works portfolio,” said Richard Lunak, President and CEO for Innovation Works. “Their AppStore Framework provides a very innovative approach for embedded device manufacturers to stay connected with their installed base.”
Commercial devices are regularly purchased in bulk by large field service organizations with the assumption of a five- to ten-year usable life. Once shipped, manufacturers often lose track of these devices as they are assigned to a geographically dispersed mobile workforce. Whether a diagnostic, medical, point-of-sale or industrial control device, maintaining connectivity plays a crucial role in a manufacturer’s ability to manage a positive customer experience.
AardvarQ uniquely addresses this challenge by providing a virtual channel between a device manufacturer and their installed base of commercial devices. Device users are driven to the manufacturer’s branded AppStore to browse and install a steady stream of new/updated productivity applications. Upon accessing the AppStore, each device uploads a usage log that details the device’s location, usage and performance.
“The Innovation Works funding is a stamp of approval for our technology and our team’s ability to grow the business,” says Greg Quiggle, CEO of AardvarQ. “Our growing customer base needs to stay connected with their installed base of commercial devices. AardvarQ’s unique ability to log the usage of deployed devices enables manufacturers to (1) fine tune their feature sets, (2) proactively address performance issues in the field and (3) offer targeted on-the-job training aids.”
About AardvarQ
AardvarQ is the provider of the industry’s first configurable, B2B AppStore Framework. When licensed, AardvarQ provides a branded, hosted AppStore that can be offered in concert with an embedded device manufacturer’s product lines. Located in the suburbs of Pittsburgh, Pennsylvania, AardvarQ is a privately held corporation and both an Idea Foundry and an Innovation Works portfolio company. The AardvarQ team brings more than 20 years of experience defining, developing, launching and supporting successful embedded devices within a wide variety of B2B markets. For more information, visit www.aardvarq.net.
Read Write Web recently posted a great article called “Going Alone: Thoughts on the Single-Person Startup”. It talked how founding a business alone can be more risky and difficult then founding one with a co-founder.
The 
February 10th, Google announced they are putting their 
