Part of what I love about the Web2.0 NYC this year is the Web2.0open (a barcamp type event right in the middle of the sales floor).
This afternoon, a session took place about “Starting up in Silicon Alley.”
Here are some on the fly notes from what each of the panelists said:
- Cleantech (and companies associated with it)
- Also thinks it is the next bubble
- Lots of winners along the way
- There is inventory that is always valuable and there is inventory the company doesn’t know how to make of interest
- 90 of life is having a great idea and team, 5% is networking
- Create thing big and that create a lot of money (then you have options)
- The key person to any company is the entrepreneur, not the
- MtoM (Mobile to Mobile or Machine to Machine)
- Great time to be a woman in tech
- Check out Gary’s Guide
- Check out NextNY
- Shake Shack is the subject of twitter hacks, people offering to stand in line and now have big parties
- Time is scarce
- If you have been trying to raise money for 6 months, and don’t have a few bites, there is something wrong
- Sees a trend that there are no IPO’s
- What are the markets and how do you expand on them.
- Data is big
- Some bash the networking opprotunity, but finds the not ‘just drink’ events very useful
- It is mission critical that you are a part of the community
- NextNY is huge
- Networking events outside the echo chamber are fantastic
- Carbon credits will be a bubble
- Ad supported content on the decline (correction here, Karin fully meant: funding will not be available for content that canâ€™t attract an interesting audience (whether it be a niche segment for which advertisers are willing to pay or enough page view volume at lower CPM rates))
- Get yourself an advisory board
- Find great mentors
- Check out meetup.com for niche events
Thank you to the pannelists!
See everyone at Wine2.0 tonight!