It is that time of the year when it is out with the old and in with the new.
For me, 2015 was a transitional year, stepping down from Techstars in London and moving onto other things. Well that was the plan, most of the year was just trying to put my house in order, getting some sleep and getting a plan together. I am getting closer to what next and I should be making a few announcements in the first 100 days of 2016. I promise.
I also promised myself (and a few others) to start blogging on a more regularly basis – however I realised that I had accumulated a massive amount of content across multiple challenges over the last few years and I feel a necessity to pull it together before I move forward.
Apologies in advance of a mass of different blog posts over the next week or so. I also promise to try to draw some conclusions from my work over the last few years and also make a few predictions about how I see the future.
I am thrilled to announce that today I will be helping to launch (with Karina Costa) the Techstar’s Startup Next pre-accelerator here in London and even more proud to announce the 12 teams that have chosen to take part.
- C8 is a platform that enables people to license their data and attention to brands in return for a payment or reward.
- Cardlife is on a mission to save you money on your subscriptions, so you can be more productive. Join to stay on top of your Subscriptions.
- Crossa is the first community powered roadside assistance and servicing app for cyclists that gets you back on your bike, wherever you are.
- Giggypop is your easy ticket to a great gig with a group. When you book a Giggypop approved gig, you won’t have to worry about going alone!
- Makelight helps you learn to take better photographs. Master your phone or camera via online courses and a supportive community.
- Mode For Me is the Kickstarter for fashion designers. Designers get pre-orders, consumers get products at pre-sale prices.
- Relayto is the first publishing platform for smart, interactive documents: from sales pitches & proposals to on boarding customers & staff.
- SAFER helps people to know their risks and buy adequate insurance cover.
- Shopmo is a web-based platform for online merchants to quickly build beautifully designed native mobile apps for their store; without writing or compiling any code.
- Strobee makes personal video as engaging, shareable, & explorable as photos.
- Vallie is an on-demand valet parking app that lets drivers drive directly to their destination and not worry about where and how to park.
- Versify is an online language learning community where members can practise their conversation skills, because Practice Makes Fluent.
I wasn’t quite ready to go “cold turkey” on accelerators and am looking forward to the rollercoaster of next six weeks with the teams. See ya on the other side.
For every “ying”, you need a “yang”, and mine was called Jess Williamson, without whom Springboard would have a been but a shadow of what it became. When I first met Jess she was in Edinburgh under some pretence of doing a Masters degree and running Startup Cafe. In a random throwaway comment I suggested that she should pack her bags and head south to Cambridge and help me out – initially for Springboard Cambridge. For some inexplicable reason she did and the rest is history.
In a later blog post I will be bringing the 90 day blog posts of the original Springboard Cambridge back to life as well as the video series which was put together – including Brad Feld at the Demo Day. As I previous mentioned the programme was launched at Silicon Valley comes to UK (c/o Sherry Coutu) and reported by Mike Butcher at Techcrunch and Martin Byrant at Next Web.
So who were those crazies that volunteered for the three month programme in Cambridge. Only one came from Cambridge, five others came from London and across the UK, the balance came from Estonia, Lithuania, the Czech Republic and finally New Zealand.
- Adwings; Arturas Starovoitovas, Egidijus Jarasunas & Remigijus Kiminas; it never came to much. EG now works at F6S which I co-founded with Sean Kane.
- Apiary; Jakub Nešetřil & Jan Moravec; very much kicking (having recently raised a significant round), based in SF and Prague – with some amazing investors including Andy McLoughlin who has recently left Huddle to join Softech.
- Arachnys; David Buxton & Harry Waye; the only company from Cambridge and under the guidance of Peter Cowley, Arachnys has gone on to become the surprise of the programme. Watch this one.
- HubFlow; David Hazell & Nick Grant; just about survived the programme but not much longer. David was last seen with twins around his ankles and Nick had returned to Canary Wharf.
- Mayday (aka Meerkatalyst); Ben Hall & James Hollingworth; exploded midst programme. With the best will in the world it closed it doors after the programme.
- MiniMonos; Greg Montgomery, Kaila Colbin & Melissa Clark-Reynolds; after relocating from New Zealand and initially making progress, MiniMonos struggled like many others in the transition from desktop to mobile. Melissa was last seen receiving her New Zealand Order of Merit in Auckland.
- Playmob; Jude Ower, Caroline Howes & Daniela Neumann; still kicking under the watchful eye of Jude, I wouldn’t overlook PlayMob with its most recent appearance in Time Square New York.
- Publification; Rait Ojasaar, Marius Arras & Janek Priimann; it never quite reached it full potential.
- Tastebuds; Alex Parish & Julian Keenaghan; still going at a gig near near you.
- Spontly (aka TotalGigs); Jim Mann, Mike Parker & Tom Dancer; another company that was a slow burner. After continuous struggles this has turned into a real business.
More to follow on this one with videos and the Springboard Cambridge blog.
With the demise of the Difference Engine, the meddling of Alex van Someren and the support of Redgate Software – plans were put together to relaunch Springboard in the format of a more traditional accelerator model.
Stewart McTavish (who had previously founded Dojo with Rahul Vohra) helped to find Springboard a home in the newly opened ideaSpace in the Hauser Forum – which became a magnificent backdrop for the Spring 2011 programme. Mat Clayton and Mark Littlewood tirelessly helped me to navigate the Cambridge ecosystem. Alongside this Springboard received support from the Cambridge Angels including Robert Sansom, David Cleevely, Herman Hauser, Sherry Coutu and Peter Cowley. It was Sherry who provide Springboard the platform for its relaunch at Silicon Valley comes to the UK (“SVC2UK”) – as written up by Mike Butcher.
Critical to the relaunch of the programme was support from a variety of investors that included NESTA, Vladas Lašas (father of Dalia in the first Difference Engine programme), Mark Hales (founder of the Oxygen Accelerator in Bimingham), Anthony Kypreos (who previously worked with Alex at the UKTI’s Global Entrepreneur Programme) and Colin Willis of Hotspur Capital Partners Limited. And with that Springboard v2.0 was launched.
Just over two years ago, I had the amazing opportunity to join Techstars from Springboard to help build its first international outpost outside the US. It has been an amazing journey and we have gone on to add Techstars Berlin, the Barclays Accelerator in London and Techstars Metro – to support more entrepreneurs in many more countries.
Yesterday, Techstars announced that it had acquired UP Global which includes Startup Weekend, Startup Week, Startup Next and Startup Digest as part of their family. This acquisition will help both Techstars and UP Global to fulfil their ambitions to help more entrepreneurs globally.
One of the greatest strengths I recognise being part of Techstars family is the value of our #givefirst philosophy and our massively interconnected network – something which I know we share with our new addition – UP Global. I believe that with our shared ambitions we can empower the next generation of entrepreneurs.
With 18 programmes (and more to come) operating around the world, Techstars is extremely familiar (and successful) at working as a highly distributed network. I can personally vouch that Techstars is exceptionally good at managing the balance of being supportive whilst allowing for a level of autonomy – and I expect that to remain true for Up Global – which will remain open and independent within the wider tech ecosystem.
As a commitment to UP Global, Techstars will immediately eliminate any fees associated with Startup Next to remove financial obstacles and make entrepreneurship more accessible to those who want to build a sustainable business. And I am super excited to be working more closely with our newest members of the Techstars Family and creating more opportunities for entrepreneurs everywhere.
Before the Springboard, there was the Springboard.
In August 2009, Redgate as founded by Neil Davidson and Simon Galbraith (and based in Cambridge) announced the Springboard Incubator – as was reported in Techcrunch (by Milo Yiannopoulos nonetheless). What was unusual, was that it was entirely free to the participants. Springboard was originally run by Amir Chaudhry and four companies took part including Meta Alternative, PagerDuty (which went onto YC), Good Economics and TidePowerd.
These weren’t the only startups that Redgate supported. With spare space and food aplenty, Redgate created what was fondly known in Cambridge as the “accidental incubator”. It’s most high profile residents included Rapportive (founded by Rahul Vohra and Martin Kleppmann) that was acquired by Linkedin and also Mixcloud (founded by Mat Clayton and Nikhil Shah) which continues to grow away from the tech spotlight.
Another common denominator in the Cambridge and boarder UK tech scene is the “shy and unassuming” Alex van Someren, who has had the uncanny knack of crossing my timeline at key points. I first met Alex during a meeting between myself and Derek Goodwin of UKTI at One North East – where his most distinguishing features was his pony tail and his ability to lob awkward and well timed questions about the Difference Engine in my direction. Subsequently, I ended up presenting to the “Global Entrepreneur Programme” team and its CEO – Eric van der Kleij – who went on to become the original CEO of TechCity and the founder of Level39. Our most recent encounter is that we are working together at CyLon, a cyber security accelerator based in London, which he has founded.
It was Alex who made the introduction to Neil Davidson – that had the domino effect which led to me relaunching the Springboard Accelerator in Cambridge.
Success has many fathers and some very lucky coincidences. Before my original suggestion for an accelerator in the North East, the Cloud Foundry (which turned into the Difference Engine), I failed to raise funding for a startup.
Ian Leader (now Product Lead, Calendar at Google) is a very good friend that I met at PaperX – a dotcom business formed only a few months before the meltdown. Needless to say, it didn’t work out too well for the investors that included Mike Chalfen who went on to be a successful VC at Advent Venture Partners and now Mosaic Ventures.
Ian went on to become my best man at my wedding and godfather to my second child – Angus Bradford. We had been trying to find an excuse to do a startup together – and after many suggestions we landed on building an online accounting software package known as SoSage (“Son of Sage“). Fortunately for the world, it failed to get off the drawing board and failed to raise funding from the “Proof of Concept” Fund managed by North Star Ventures (who are investors in Ignite which I founded with Paul Smith as the successor of the Difference Engine).
The primary reason for failing to raise funds from “Proof of Concept” fund was a business called Kashflow which ironically was founded (and successfully exited) by Duane Jackson – who has subsequently become a very good friend and mentor at Springboard and Techstars London.
Whilst we failed to raise funding for SoSage, we agreed to publish our thoughts on ReadWriteWeb called “Online Accounting: The Next Killer App For Google Apps“. Our first blog post also appeared momentarily on Techmeme.
I blame Duane for ensuring that SoSage (what a stupid name) never saw the light of day – and without which the Difference Engine, Springboard and multiple other accelerators would not exist today. Thank you.
The second Difference Engine was a more sober affair. The Difference Engine had been publicly funded by One North East (the Regional Development Authority) and in the intervening period between the two programmes there was a change of government – from the Labour party to the Conservatives. Austerity measures meant that the programme came under threat – but ultimately ended up running but with a much reduced budget – resulting in a cutback of the funding reported in Techcrunch by Steve O’Hear.
The programme was moved to Sunderland Software City and this time there were ten teams:
- 360 Revelations; Mark Careless, Arden Aspinall & Crombie Collin; based in Leeds, 360 Revelations are no longer operating.
- ConstruQtive; Thomas Salvini; ConstruQtive was eventually acquired by Clarity3.
- Evalyou; Kirill Tripolski, Nikita Shipilov & Natalja Sidorenko; Evalyou never hit its stride and struggle to get traction post programme.
- Fuboo (aka eWowBooks); Emer McCourt; following an investment after the programme, the app was launched but never gained significant traction.
- ImpressPages; Audrius Jankauskas, Mangirdas Skripka & Mindaugas Stankaitis; ImpressPages continues today and is part of the Practica Capital portfolio in Lithuania – making strong steady progress.
- Love Your Larder; Tristan Watson; Love Your Larder initially progressed well and gained good traction- but ultimately never enough to continue. However, Tristan is now a key individual in the North East and is now the Programme Director at Ignite that was the successor of the Difference Engine.
- Party Shouts; Mihkel Tikk & Argo Leetmaa; Mihkel has gone on to become the Director of Cyber Policy Department at Ministry of Defence in Estonia and Argo is last seen somewhere in Norway.
- Pinevio; Daumantas Dvilinskas & Mindaugas Krisciunas; Whilst Pinevio eventually came to a quiet end, its founders had no intention of going quietly – Daumantas went on co-found TransferGo and Mindaugas joined XtGem – two of Lithuanian’s best startups today. The latter subsequently joined Springboard.
- Suptoo; Sebastian Mortelmans & Jelle Henkens; sadly Suptoo didn’t make it to the end of the programme with the founders going their separate ways.
- Wedding Tales; Oli Wood & James Rutherford; In their own words “With some regret, we have decided to close Wedding Tales.” Oli went on to work with CANDDi from the first Difference Engine and now works for Sage (boooo). James can be found at Campus North (home to ignite) helping fellow startup types.
As with the first Difference Engine, a series of videos recorded the second programme, including a retrospective of some of the companies from the original programme. Below is the final video from the second programme.
The programme quietly slipped away on 31 March 2011 without much fanfare – only being reported in the local press. In its place Springboard its successor had been launched in Cambridge a few months earlier.
And a quiet revolution started with the launch of the Difference Engine on 30 November 2009. It was initially picked up by The Next Web (thank you Martin Bryant), Computer Weekly, and Techcrunch (thank you Mike Butcher). The original application deadline was just 5 weeks later with a Christmas break in the interim with the programme expected to start in mid February – very ambitious and totally unrealistic.
Nine teams were selected (a tenth team declined an offer to participate – I know who you are) with a start date of 22 February 2010. Ironically, the original programme was planned to be 16 weeks (my theory was that Europeans would take longer to pick up the concepts) but due to delays the programme had to be compressed to 13 weeks – the original length of Techstars. And guess what, Europeans aren’t any slower than Yanks. Thirteen weeks is a perfect balance between having enough time to GSD and creating a real sense of urgency.
So who were these initial nine companies (in alphabetical order).
- CANDDi; Tim Langley & Tom Cheesewright; CANDDi is still in operation with Tim at the helm. Tom has subsequently gone on to setup the Book of the Future an applied futurism practice as well as being a regular television and radio presenter.
- CuteFund; Andrei Korobeinik & Evgeny Pshenichnikov; Cute is dormant, whilst Andrei went off to become an elected member of the Estonian parliament in 2011.
- Curated.by (aka Kuwalu), Bastian Lehmann & Sam Street; immediately after the Difference Engine curated.by was accepted into AngelPad in SF and received a small investment by Andy McLoughlin (who has gone on to become a partner at SoftTech). Fortunately for the world, Bastian and Sam met Sean Plaice and went on to found the massively successful Postmates.
- Geogoer; Dalia Lasaite, Andrej Andrejev & Ksistof Ledichov; Geogoer was eventually wrapped up. Not to be deterred, Dalia went on to join Campalyst and then CGTrader – one of Lithuanian’s best startups. Andrej became the first engineer at F6S that I went on to co-found. Dalia’s father Vladas Lasas has gone on to become a long term investor in all the programmes I became involved in.
- Recite Me; Ross Linnett; Recite Me continues to operate. Ross was last seen hanging out with David Cameron in China.
- Rock Control; Mark Bowness & Tom Salmon; Mark went off to Australia to find himself and Tom subsequently setup The Bakery in London with Alex Dunsdon and Andrew Humphries.
- Screach (aka ScreenReach); Paul Rawlings; Screach was the first team to receive funding and continues to operate. Paul has gone on to found Deliverd and was last seen in Sheffield at dotforge.
- Tagorize; Jonathan Shrago; one of the smartest people I have had the good fortune to meet, sadly Tagorize never came to anything.
- Wishlist; David Haywood Smith & Oli Wood; Wishlist never came to anything but David went on initially to join GoCardless but then SportPursuit. Oli didn’t hang around, applied and got into the second Difference Engine programme.
The original Difference Engine was based at the very awesome Digital City Business in Middlesborough – which on a sunny day was amazing. A series of videos was prepared which followed the programme over the 13 weeks, culminating with a final video at the London Demo Day. Don’t forget to check out the very embarrassing video of Basti, late one night.
There was also a series of great pictures taken by Basti taken during the programme.
Somehow we managed to persuade some amazing people to come and spent time at that first programme including Iain Gavin, Jeff Barr, Bindi Karia, Stewart Townsend, Mike Butcher, John Lunn, Paul Kinlan, Alex Van Someren and many others who I collected from Darlington station. We even managed to get Dave McClure to Skype in and do his famous AARRR presentation.
We had two demo days – the first of which was in the North East and the second was at the Microsoft HQ in Victoria – thanks to Bindi Karia – which I vividly remember included Rogan Angelini-Hurll, Adil Mohammed and Richard Newton; all of whom went on to become very influential in ongoing programmes.
The Demo Day was written up by Mike Butcher from Techcrunch and the presentations were recorded as a single page cartoon shown below.