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<channel>
	<title>Texas Startup Blog</title>
	
	<link>http://www.texasstartupblog.com</link>
	<description>Spurring innovation and entrepreneurship.</description>
	<pubDate>Thu, 05 Nov 2009 16:13:01 +0000</pubDate>
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	<language>en</language>
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			<geo:lat>32.78643</geo:lat><geo:long>-96.819928</geo:long><image><link>http://creativecommons.org/licenses/by-nc-sa/2.0/</link><url>http://creativecommons.org/images/public/somerights20.gif</url><title>Some Rights Reserved</title></image><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" href="http://feeds.feedburner.com/TexasStartupBlog" type="application/rss+xml" /><feedburner:emailServiceId>TexasStartupBlog</feedburner:emailServiceId><feedburner:feedburnerHostname>http://feedburner.google.com</feedburner:feedburnerHostname><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com" /><item>
		<title>ShopSavvy Beta Testers Wanted ASAP</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/GiPvXwTRZo0/</link>
		<comments>http://www.texasstartupblog.com/2009/11/05/shopsavvy-beta-testers-wanted-asap/#comments</comments>
		<pubDate>Thu, 05 Nov 2009 16:13:01 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3208</guid>
		<description>Okay, I convinced the development team to STOP working on ShopSavvy for the iPhone and submit it to the iTunes app store.  We demo&amp;#8217;d ShopSavvy for the iPhone at the PayPal Innovate Conference and EVERYONE seemed to love it.  While we wait for Apple to approve the app we decided we would allow [...]</description>
			<content:encoded><![CDATA[<p><img class="alignright" src="http://farm3.static.flickr.com/2588/4077456305_a5e19f931c_s.jpg" alt="" />Okay, I convinced the development team to STOP working on ShopSavvy for the iPhone and submit it to the iTunes app store.  We demo&#8217;d ShopSavvy for the iPhone at the PayPal Innovate Conference and EVERYONE seemed to love it.  While we wait for Apple to approve the app we decided we would allow the first 75 people who email me their device ID to play with the app.  All we ask in return is a list of a) bugs, b) suggestions, c) ideas, d) criticisms 48 hours after you install it.  If you agree just email support@biggu.com with your device ID (it works on both legacy and current iPhones) and the first 75 people will receive the application.  How do you get your device id?  Follow these steps:</p>
<ol>
<li>Connect the device to your Mac or PC.</li>
<li>On the &#8220;Summary&#8221; tab in iTunes, click the &#8220;Serial Number&#8221; label.  You&#8217;ll notice &#8220;Serial Number&#8221; changes to &#8220;Identifier&#8221;.</li>
<li>Click on &#8220;Edit&#8221; in the menu at the top and select &#8220;Copy&#8221;.</li>
<li>Now you can paste the device ID into an email.</li>
<li>Send to support@biggu.com</li>
<li>YOU MUST SUBMIT YOUR DEVICE ID BY COB Friday to get the App!!!</li>
</ol>
<p>We are reserving 25 installs for bloggers.  If you are a blogger and want the application to write a story email your device ID and a link to your blog and we will send the application to the first 25 bloggers who respond.  For those of you who want to wait until it is available in the App Store you can watch this short video I made this morning:</p>
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		<item>
		<title>Reminder: Startup Happy Hour Tonight!</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/RQ0TeHm2pBQ/</link>
		<comments>http://www.texasstartupblog.com/2009/11/02/reminder-startup-happy-hour-tonight-6/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 16:31:37 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3205</guid>
		<description>Its that time again.  Just a quick reminder that the Startup Happy Hour is tonight.  Take a minute to RSVP here.  The community building event for entrepreneurs starts at 5PM at the INFOMART&amp;#8217;s High Tech Bar.</description>
			<content:encoded><![CDATA[<p>Its that time again.  Just a quick reminder that the Startup Happy Hour is tonight.  Take a minute to <a href="http://upcoming.yahoo.com/event/4619983/TX/Dallas/Startup-Happy-Hour-Dallas/">RSVP here</a>.  The community building event for entrepreneurs starts at 5PM at the INFOMART&#8217;s High Tech Bar.</p>

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		<item>
		<title>Our country club for developers: iPhoneDevTeam</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/7R7QZq7rAnM/</link>
		<comments>http://www.texasstartupblog.com/2009/10/30/our-country-club-for-developers-iphonedevteam/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 20:33:00 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3203</guid>
		<description>TechCrunch has a pretty extensive story on our iPhone development country club concept in a post titled, &amp;#8220;Big in Japan Has a Massive Goal.&amp;#8220;  The story began this summer when Adam Majewski brought us the idea.  What if we created a development shop 50% owned by the developers who did the work?  Over the course [...]</description>
			<content:encoded><![CDATA[<p><img class="alignright" src="http://farm4.static.flickr.com/3574/3465722655_fa6925150b_m.jpg" alt="" />TechCrunch has a pretty extensive story on our iPhone development country club concept in a post titled, &#8220;<a href="http://www.techcrunch.com/2009/10/30/big-in-japan-has-a-massive-goal-100-iphone-apps-in-a-year/">Big in Japan Has a Massive Goal.</a>&#8220;  The story began this summer when Adam Majewski brought us the idea.  What if we created a development shop 50% owned by the developers who did the work?  Over the course of the summer we worked on the idea until we settled on a country club model:</p>
<ul>
<li>25 Developers</li>
<li>25 Designers</li>
<li>1% ownership, 1% share of gross revenue for each</li>
<li>Members could sell their &#8217;seat&#8217; as long as 25% of the members approved the new member.</li>
<li>Members could be voted out if 75% of the members decided they weren&#8217;t a good fit.</li>
<li>Each team (1 dev + 1 designer) would be required to build one app per quarter to remain part of team.</li>
<li>Apps would use our own ad network, members would get half of the remnants to use or sell.</li>
<li>Members get access to all contract work presented to Big in Japan.</li>
</ul>
<p>MG&#8217;s article really spells out the program in his article, check it out.  If you are interested drop me an email at amuse@biggu.com.</p>

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		<item>
		<title>My Twitter Dilemma, PLEASE HELP!</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/fjt0NzF5xsc/</link>
		<comments>http://www.texasstartupblog.com/2009/10/30/my-twitter-dilemma-please-help/#comments</comments>
		<pubDate>Fri, 30 Oct 2009 15:05:37 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Personal]]></category>

		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3201</guid>
		<description>In early October I noticed that the Twitter API was posting updates to my Twitter account.  Someone suggested that I change my password, but on October 12th at 9:15PM my NEW password stopped working.  I tried the password recovery system, but I never received an email from Twitter with my new password.  My theory is [...]</description>
			<content:encoded><![CDATA[<p>In early October I noticed that the Twitter API was posting updates to my Twitter account.  Someone suggested that I change my password, but on October 12th at 9:15PM my NEW password stopped working.  I tried the password recovery system, but I never received an email from Twitter with my new password.  My theory is that someone had &#8216;hacked&#8217; or &#8216;phished&#8217; my Twitter password and then changed the email associated with my account.  When I changed the password they recovered it using the password recovery tool.  When I tried to use the recovery tool THEY received the new password - not me.  I emailed Twitter Support several times, but I have never heard back.  I can still tweet on the account using cotweet because it is still connected using oauth.  The bad news is that the &#8216;hacker&#8217; has been posting updates to my Twitter account and since I can&#8217;t login, I can&#8217;t delete them.  Here is the latest:</p>
<p style="text-align: center"><img class="aligncenter" src="http://farm3.static.flickr.com/2445/4058441634_518089b7b1.jpg" alt="" /></p>
<p>I have been a Twitter users since 2007 and have more than 25,000 followers.  It was one thing when I couldn&#8217;t use my account, but now someone else is pretending to be me.  This is unacceptable.  I am hoping someone from Twitter can help, someone like Josh Elman, Vitor Lourenco, Mark Trammell, Kevin Thau, Jason Stirman, Dick Costolo, Santosh Jayaram, Peter Fenton, Doug Cook, Abdur Chowdhury, Alexander Macgillivray, Evan Williams, Rael Dornfest, Chris Sacca, Jack Dorsey, Greg Pass, Andrew Lorek, Jeremy LaTrasse, John Adams, Rudy Winnacker, Britt Selvitelle, Alex Payne, Bijan Sabet, Jay Edwards, Steve Jensen, John Kalucki, Blaine Cook, Lee Mighdoll, Biz Steon, or Jack Dorsey - anyone?</p>

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		<item>
		<title>Holy Cow, Angels Read Blogs!</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/UH8JQdfjQT8/</link>
		<comments>http://www.texasstartupblog.com/2009/10/21/holy-cow-angels-read-blogs/#comments</comments>
		<pubDate>Wed, 21 Oct 2009 17:55:56 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3198</guid>
		<description>The Keiretsu Forum is dropping their &amp;#8216;pay to pitch&amp;#8217; model for early-stage startups.  The angel group claims this change, announced today, is not in response to Jason Calacanis who threatened a shooting war if Keiretsu and other angel groups did not drop their fees by November 16th.  I have been railing against angel groups who [...]</description>
			<content:encoded><![CDATA[<p><a href="http://www.pehub.com/wordpress/wp-content/uploads//thumbnailcaaz4o83.jpg"><img class="size-medium wp-image-53300 alignright" src="http://www.pehub.com/wordpress/wp-content/uploads//thumbnailcaaz4o83.jpg" alt="" width="150" height="160" /></a>The <a href="http://www.pehub.com/53299/keiretsu-forum-to-drop-fees-for-early-stage-startups/">Keiretsu Forum is dropping their &#8216;pay to pitch&#8217; model</a> for early-stage startups.  The angel group claims this change, announced today, is not in response to Jason Calacanis who threatened a shooting war if Keiretsu and other angel groups did not drop their fees by November 16th.  I have been railing against angel groups who charge entrepreneurs to &#8216;<a href="http://www.texasstartupblog.com/2009/10/20/paying-to-pitch-revisited/">pay to pitch</a>&#8216; for years, but my voice didn&#8217;t seem to resonate with angels.  Jason&#8217;s take no prisoners approach was a lot more effective.  I think entrepreneurs owe Jason a debt of gratitude and at least a beer the next time they seem him.  Thanks Jason!</p>

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		<item>
		<title>How to find angels who won’t charge you to pitch</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/StvZ6MF3_OY/</link>
		<comments>http://www.texasstartupblog.com/2009/10/20/how-to-find-angels-who-wont-charge-you-to-pitch/#comments</comments>
		<pubDate>Wed, 21 Oct 2009 02:11:38 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3195</guid>
		<description>Lots of people ask me, “How do I find angel investors?”  I just finished posting on what not to - i.e. paying angel investors to pitch.  I don’t have a great answer, but perhaps I can help some of you think about who angels are and as a result perhaps you will be able to [...]</description>
			<content:encoded><![CDATA[<p><img class="alignright" src="http://cdn-write.demandstudios.com/upload//8000/800/80/5/8885.jpg" alt="http://cdn-write.demandstudios.com/upload//8000/800/80/5/8885.jpg" width="94" height="136" />Lots of people ask me, “How do I find angel investors?”  I just finished posting on what not to - i.e. <a href="http://www.texasstartupblog.com/2009/10/20/paying-to-pitch-revisited/">paying angel investors to pitch</a>.  I don’t have a great answer, but perhaps I can help some of you think about who angels are and as a result perhaps you will be able to find them more easily.  To start, I think it is important to classify angels in a few classes:</p>
<ul>
<li>Type 1: Novice angels with financial objectives</li>
<li>Type 2: Experienced angels with financial objectives</li>
<li>Type 3: Novice angels with subject matter expertise</li>
<li>Type 4: Experienced angels with subject matter expertise</li>
<li>Type 5: Family, friends and colleagues</li>
</ul>
<p>You will find lots of Type 1 and 2 angels at angel investment groups.  The main problem with this group is that they have usually have a very limited understanding of your space and as a result require more information about your startup than you will be able to provide.  They want to be convinced that the IRR is going to be sufficient, but you aren’t even sure what the product or service will end up looking like.  Type 1 investors have NEVER made an angel investment and it is unlikely that they will invest in your deal unless they know a Type 2 investor who has already agreed to invest.  As a result, you might consider spending very little time targeting Type 1 guys.  Spending time with Type 2 guys is fine, but only if they have clear and provable access to professional investors.  Their relationship with professional investors (i.e. VCs) needs to be vetted prior to spending a tremendous amount of time with them (i.e. ask them for references to CEOs they funded and ultimately introduced to real VCs).  Talk to CEOs they funded and get an understanding of what it was like working with them.  Make sure there is value beyond the money.</p>
<p>Type 3 and 4 angels are the best, but they are hard to find (they rarely join angel investment groups).  They are people who have previously made lots of money in and around your space.  They have subject matter expertise around your idea and can often provide a lot more than money.  In many cases they will know the ultimate customer that will ensure your success and their investment.  Novice angels in this space are almost as good as experienced angels, both groups will be able to understand your idea very quickly and will be able to evaluate your idea without lots of bogus financial models.  Start by talking to your lawyer, your friends, your colleagues, your competitors - anyone who might know people who had prior success in and around your space.  Check out LinkedIn and Facebook, use their advanced search functions.  Type 3 and 4 angels will be able to act on their own, investing without the ‘buy-in’ a Type 1 or 2 angel might need.</p>
<p>Type 5 angels are good and bad. They are your family, friends and colleagues.  They will invest in YOU, not necessarily your idea.  This is a good thing until and unless your idea fails and YOU fail them.  They won’t understand that angel investing is risky and they they are likely to lose 100% of the their money 90% of the time.  No matter whether or not you explain this prior to their investment, they won’t understand - EVER.  You may lose relationships with family members, friends and colleagues.</p>
<p>My advice? Focus on Type 3 and 4 angels.  Otherwise use your savings, borrow against your 401K, borrow against your home equity, get an SBA loan until your idea is ready for real investment dollars.</p>

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		<item>
		<title>Paying to pitch revisited</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/Z-IE-jmstwY/</link>
		<comments>http://www.texasstartupblog.com/2009/10/20/paying-to-pitch-revisited/#comments</comments>
		<pubDate>Wed, 21 Oct 2009 01:48:26 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3192</guid>
		<description>Jason Calacanis wrote a post titled, &amp;#8220;Why startups shouldn&amp;#8217;t have to pay to pitch angel investors.&amp;#8220;  Jason was recently made aware of angel investor groups that charge startups to pitch and he isn&amp;#8217;t the least bit happy about it.  I wrote about the problem back in May of 2008 asking, &amp;#8220;Should startups pay to pitch&amp;#8230;&amp;#8220;  [...]</description>
			<content:encoded><![CDATA[<p>Jason Calacanis wrote a<img class="alignright" src="http://alphazee.webstrikesolutions.com/ripoff/Ripoff_files/rip-off_logo.jpg" alt="http://alphazee.webstrikesolutions.com/ripoff/Ripoff_files/rip-off_logo.jpg" width="170" height="66" /> post titled, &#8220;<a href="http://calacanis.com/2009/10/09/why-startups-shouldnt-have-to-pay-to-pitch-angel-investors/">Why startups shouldn&#8217;t have to pay to pitch angel investors.</a>&#8220;  Jason was recently made aware of angel investor groups that charge startups to pitch and he isn&#8217;t the least bit happy about it.  I wrote about the problem back in May of 2008 asking, &#8220;<a href="http://www.texasstartupblog.com/2008/05/29/should-startups-pay-to-pitch-for-dallasblue/">Should startups pay to pitch&#8230;</a>&#8220;  the short answer was &#8220;NEVER!&#8221;.  Just yesterday I was talking to some folks from Austin who were bashing the angel scene in Dallas because they claimed it is filled with ripoff artists and crooks.  I asked who they were referring to and they explained the only game in town was the <a href="http://www.theinvestinforum.com/">InvestIN Forum</a> - a group that charges $2,000 to entrepreneurs to pitch.  I argued that I never heard any mention of the group doing anything illegal, but I did agree that charging an entrepreneur to pitch is a distant cousin to theft.  Jason mentioned a few more groups that are charging entrepreneurs including the Keiretsu Forum, Maverick Angels, Private Equity Forums, Tech Super Club and Angels Den UK.</p>
<p>If you are considering paying someone to pitch my first bit of advice: <strong>DON&#8217;T DO IT!</strong> If you don&#8217;t believe me read through Jason&#8217;s post.  Here is a summary:</p>
<ul>
<li>There is no circumstance where an angel investing group should charge a startup to pitch</li>
<li>We’ve launched an investigation into these groups and need any information you have</li>
<li>If you would spread the word about this issue by discussing it with angel investors and startups we would appreciate it</li>
<li>We are demanding that angel groups waive all fees starting today</li>
<li>We are going to crush any group that doesn’t comply with our demands</li>
<li>There is no negotiation</li>
<li>Angel forums upset by this email: Jason doesn’t care what you think of him and could care less if you email his investors, his mother or the Principal of the Internet to complain about his bad behavior (plus these folks get emails all the time and are used to it).</li>
</ul>

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		<item>
		<title>ACA Program for Angel Investors</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/03WmDDmNlwM/</link>
		<comments>http://www.texasstartupblog.com/2009/10/19/aca-program-for-angel-investors/#comments</comments>
		<pubDate>Mon, 19 Oct 2009 14:51:18 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3189</guid>
		<description>Are you an Angel investor or want to be one?  The North Texas Angel Network in cooperation with the Angel Capital Association is hosting a one day conference titled &amp;#8216;The Power of Angel Investing&amp;#8221;.  The event will be held at UT Dallas Executive Education Center from 7:30AM to 7:00PM on November 4th, 2009.  Register here.</description>
			<content:encoded><![CDATA[<p><img class="alignright" src="http://mooreslore.corante.com/archives/images/angel_investor.gif" alt="http://mooreslore.corante.com/archives/images/angel_investor.gif" width="116" height="137" />Are you an Angel investor or want to be one?  The <a href="http://northtexasangelnetwork.org/">North Texas Angel Network</a> in cooperation with the Angel Capital Association is hosting a one day conference titled &#8216;The Power of Angel Investing&#8221;.  The event will be held at UT Dallas Executive Education Center from 7:30AM to 7:00PM on November 4th, 2009.  Register <a href="http://www.acteva.com/booking.cfm?bevaid=190632">here</a>.</p>

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		<item>
		<title>Arrington All About Android!</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/JacdtDalsUY/</link>
		<comments>http://www.texasstartupblog.com/2009/10/18/arrington-all-about-android/#comments</comments>
		<pubDate>Sun, 18 Oct 2009 14:01:13 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3186</guid>
		<description>Mike Arrington switched from the iPhone to Android earlier this year.  Most recently he had a chance to get his hands on Motorola&amp;#8217;s new Android phone (launching on Verizon next month) and he is amazed.  Here are a few quotes from his blog:
&amp;#8220;Make no mistake, this is Android’s flagship product, and the first phone that [...]</description>
			<content:encoded><![CDATA[<p>Mike Arrington switched from the iPhone to Android earlier this year.  Most recently he had a chance to get his hands on Motorola&#8217;s new Android phone (launching on Verizon next month) and he is amazed.  Here are a few quotes from his blog:</p>
<blockquote><p><em>&#8220;Make no mistake, this is Android’s flagship product, and the first phone that will pose a significant threat to Apple’s iPhone.&#8221;</em></p>
<p><em>&#8220;The Droid poses a different and more significant challenge to the iPhone than any other phone to date.&#8221;</em></p>
<p><em>&#8220;And the scary thing for Apple is, it may only be a few months before something even better than the Droid comes out. With the flood of Android devices that are hitting the market, a few are bound to be hits. No wonder Google CEO Eric Schmidt is so <a href="http://www.techcrunch.com/2009/10/15/schmidt-android-adoption-is-about-to-explode/">bullish on Android</a> right now. Things are about to get very, very interesting.&#8221;</em></p></blockquote>
<p>If I worked for Apple I would have figured out a way to have Steve Jobs meet with Mike when he was threatening to switch.  It is great to have someone like Mike on &#8216;our&#8217; side - i.e. the Android-fanboy side.  :)  <em><br />
</em></p>

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		<title>Why I do startup stuff. . .</title>
		<link>http://feedproxy.google.com/~r/TexasStartupBlog/~3/ZTFJk9CB0M4/</link>
		<comments>http://www.texasstartupblog.com/2009/10/16/why-i-do-startup-stuff/#comments</comments>
		<pubDate>Fri, 16 Oct 2009 21:41:24 +0000</pubDate>
		<dc:creator>Alexander Muse</dc:creator>
		
		<category><![CDATA[Startups]]></category>

		<guid isPermaLink="false">http://www.texasstartupblog.com/?p=3184</guid>
		<description>The other day my business partner, Scott Ryan, asked me why I do startup stuff like Barcamp, Pitchcamp, Startup Happy Hour, SpringStage and Startup Weekend.  He suggested that these events don&amp;#8217;t really make us any money and they take a lot of time.  I am a pretty good debater and normally I would come argue [...]</description>
			<content:encoded><![CDATA[<p>The other day my business partner, Scott Ryan, asked me why I do startup stuff like Barcamp, Pitchcamp, Startup Happy Hour, SpringStage and Startup Weekend.  He suggested that these events don&#8217;t really make us any money and they take a lot of time.  I am a pretty good debater and normally I would come argue his premise that they &#8216;don&#8217;t make us any money&#8217;, but this time I actually thought about the real question - &#8216;why do you do all this startup stuff?&#8217;</p>
<p>First, for those of you just tuning in, I endeavor to be an instigator or catalyst for entrepreneurial activity here in the Dallas area.  Back in 2005 I started this blog to share my experiences and thoughts about entrepreneurship.  As a result, over the years, I have had the privileged of meeting thousands of entrepreneurs.  Some just pick up the phone and call me - at least one or two catch me everyday.  More simply email me - I respond to about 75% of the messages I get from entrepreneurs.  There are even some who come by the office to meet.  In almost all cases they are looking for feedback and advice - something I am not shy about sharing.  My pet peeve - I will not sign an NDA, but I never ask for anything in return.  I don&#8217;t want their cash or their stock - I am happy to share my experience, opinions and advice for free.  Additionally, we (i.e. me and Scott my partner) host a happy hour for entrepreneurs each month and we even buy the drinks.  Finally, we opened our offices at the INFOMART as a coworking space and server colocation to anyone working on a startup at no cost - we ask for nothing in return.</p>
<p>With this background I will try to answer Scott&#8217;s question.  First and foremost I want to help Dallas become known for its startup and entrepreneurial community.  When I started my first company my father advised me to move to Silicon Valley - I stubbornly stayed and set out to prove I could start my company and raise money right here in Dallas.  Now that I am in my late thirties I thought it was time for to quit complaining about how our startup community &#8217;sucks&#8217; and start doing something to make it better.</p>
<p>You might ask yourself why I am writing this post today.  For the past year I have wanted to bring an event born in Boulder, CO called <a href="http://startupweekend.org/">Startup Weekend</a> to Dallas.  The planets finally aligned and we were able to schedule the event later next month (Nov. 20-22).  I blogged about the event and sent out emails to people I hoped would participate.  Turns out a number of people were turned off by the $75 charge for the event.  Several people commented that I was being opportunistic, making money off of entrepreneurs.  Others suggested that I &#8216;generally&#8217; take advantage of entrepreneurs on a regular basis.  They claimed that I ask entrepreneurs to pay (cash or stock) for my assistance.  I was floored by the comments.  I have NEVER taken cash or stock from an entrepreneur who participated in one of my events.  I have NEVER taken cash or stock from any of the thousands entrepreneurs who have called, emailed or visited me. There are a few guys who locate equipment in our data center and they have tried to pay us, but in each case I have refused payment.</p>
<p>In a single case I went into <a href="http://www.biggu.com">business</a> with an entrepreneur who I met at one of the happy hour events.  Far from asking for cash or stock, we invested $700,000 in the business and I am excited to announce that looks as though will be the best deal I have ever done.  I think my partner agrees.</p>
<p>So what about the $75?  The funny part is that I am not charging the fee, the folks from Startup Weekend are.  They are flying down, renting hotel rooms and providing meals - the fee is simply to cover their expenses.  The Eventbrite account is NOT mine.  So for those of you who are concerned that I am making money off of entrepreneurs be assured I am not.  I have received more than I deserve from our community - I hope this is clear.</p>

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