In the startup world, the resources you have are almost as important as your vision and your ability to execute. That simple idea fueled the creation of Catalyst, and it's a big component of our incredible success. We're taking the complexity (and cost) out of the hosting decision for the coolest startups we meet, and by doing so, those startups have the freedom to focus on their applications. But that's only the beginning.
In addition to providing infrastructure, my team and I also try to introduce Catalyst participants to investors, incubators, accelerators and other startup founders. By building a strong network of experienced peers, entrepreneurs have a HUGE advantage as they're building their businesses. The difficulty in making those introductions is that it's such a labor-intensive process ... Or I guess I should say that it *was* a labor-intensive process. Then we found YouNoodle.
YouNoodle is an online network for entrepreneurs that was founded in 2010 in San Francisco, California. The 18-person startup is built to connect entrepreneurs with people, startups, competitions and groups based on what's relevant to each entrepreneur's mission. What the Catalyst team has been doing in a labor-intensive fashion, YouNoodle has automated and streamlined! We had to meet these folks.
We heard that YouNoodle was putting together a start-up crawl during one of their immersion programs — they bring international entrepreneurs to Silicon Valley to learn best practices and make connections in the US market — and we jumped at an opportunity to provide the beer and sandwiches at one of the stops. If you've ever worked at a startup before, you know that the way to an entrepreneur's heart is through his/her stomach, so we hoped it would be "love at first bite."
We chatted with the YouNoodle team, and they showed us the recently released 2.0 version of Podium, the SaaS platform they built to manage the selection process for entrepreneurial competitions and challenges from organizations like Start-Up Chile, The Next Web, Intel, NASA and seven out of the top ten universities around the world. Basically, Podium enables the most talented individuals and innovative startups to rise to the top and get the opportunities they deserve.
YouNoodle was an obvious fit for Catalyst, and Catalyst was an obvious fit for YouNoodle. Other Catalyst participants could join the thriving community of entrepreneurs that YouNoodle has built, and YouNoodle could take advantage of the power of SoftLayer's hosting platform. And by helping support YouNoodle, Catalyst gets to indirectly help even more entrepreneurs and startups ... Very "meta!"
Over the past two years, YouNoodle has managed over 400 competitions which have received entries from more than 28,000 entrepreneurs around the world. They're a key player in the acceleration of global entrepreneurship, and they share our vision of breaking down the geographic barriers to innovation. And with the momentum they've got now, it's clear that they're just getting started.
If you have a second, head over to YouNoodle.com to check out the fresh, easy-to-use interface they launched to help users discover, get inspired by and connect with like-minded individuals on a global scale.