The 17th Annual Milken Institute Global Conference wrapped up last month at the luxurious Beverly Hilton Hotel. The event was surreal in that everywhere you turned, you would’ve recognized a person with the influence, power, and motivation to have a big impact on improving the lives of those in need.
Startups
Earlier this week, we gave a comprehensive breakdown of the 29 companies with a preview of Batch 8 Demo Day. Today, we’ll be presenting our favorite ten of the day in ABC order. Bear in mind, we’re going to keep the financial specs under wraps (just tiny hints), but overall, Batch 8 performed very strongly across the board.
We cover a lot of ground on multiple topics including Chance’s inspirations behind the company, what the JOBS Act means for startups, and what role Crowdfunder plays. And for the entrepreneurs who have tuned in, he also gives some insights into best practices for those looking to raise cash, so you don’t want to miss out!
For top tier programs, there is a compelling combination of promise and mystique that creates a unique drive for entrepreneurs, who once accepted, become ready to put life circumstances on hold during program durations to grow their startups. The difference here, is the quick injection of capital and guidance to create bullet train-like growth.
AssetAvenue, a new and exciting real estate crowdfunding company, has acquired a new asset, Adam Chapnick. If you already heard of the name, then you already know why the acquisition is such a big deal. If Adam Chapnick does not ring a bell, then his work at Indiegogo will say it all. The importance of Adam in Indiegogo was invaluable. Adam is the very mind behind many of the business developments and the growth of Indiegogo into one of the most premier crowdfunding platforms.
The company was founded in 2012, developed by an all-Trojan team and has already made a big splash with this first-of-its-kind travel website. It was a finalist in Marshall’s New Venture Seed Competition and it has earned a place within IncubatriX, a startup Incubator through USC’s Grief School of Entrepreneurship, which currently houses over a dozen USC startups.
Apps and wearable technology provide the average person the ability to keep track of the daily caloric intake, the distance ran, and even determine how much sleep a person had last night. And that’s just scratching the surface of what’s possible for everyone. MapMyFitness was one of the early fitness apps to devise a way to help the everyday person to keep track of their run easier and efficiently before the health and fitness was fully integrated into the technological world.
Today, we’re featuring The SunJack. Homegrown in our backyard by Southern California based Go Green Solar, SunJack promises to deliver personal solar energy to consumers in a portable package. Recently, they launched a Kickstarter video to fund their first production run of the powerful notebook sized solar charger.
Investors like milestone funding as it makes clear how much money you will need and what you’re going to do with it (which inspires confidence that they will see a return on their investment). It also helps to keep you on track, and, because it keeps you from raising too much, it keeps your dilution as low as possible.