Posts Tagged 'Catalyst'

May 29, 2014

Startups and BBQ – The New Memphis

BB King. Elvis. Graceland. Jerry Lee Lewis. Beale Street. Cotton. Shipping. Martin Luther King. Civil Rights on the national stage. All of these things come to mind when you think of Memphis, Tennessee. You can now add one more to that list: Startups.

Yep. That’s right. Startups.

Memphis has a long history of economic success. From the early days of its settlement, it was a shipping and trading hub for the early United States thanks to the Mississippi River. It progressed into one of the world’s largest cotton producers, even having a cotton exchange similar to the stock exchange on Wall Street. As our country grew, so did Memphis’ value because of geographic location. Today, more than 60 percent of the U.S. population is within a one-day drive of Memphis. It has grown into a logistics hub and houses several North American railway companies, as well as FedEx.

What’s awesome to see on my second stop of our 2014 small-market tour, is that there is an undercurrent happening in Memphis that is shifting the landscape of the economic success of the region to technology. And it’s happening through the leadership of folks like Eric Mathews and Patrick Woods. Mathews heads up StartCo, a regional accelerator with 20 startups, all of which have come to Memphis to develop their companies. Woods is in charge of a very unique program, started by A>M Ventures that helps early stage companies get the right message out about their products, who they are, and where they are going.

Our team met Woods at SXSW in 2013. Over the past year, we have worked together to help Woods’ outreach efforts by building a bridge from Memphis to Silicon Valley and through other early stage startup communities. We connected with Mathews at SXSW this year through one of our strongest partners, the Global Accelerator Network. Mathews was very convincing. He not only showed me a startup community that was thriving, but he also fed me world-class BBQ at the same time.

Did somebody say BBQ? You don’t really have to ask @KelleyHilborn or me twice. Our Pavlovian response kicked in and we had our flights booked before you could flip a coin.

Last week marked the annual celebration of Memphis’ BBQ Fest – one of the largest festivals of its kind in the world. It also marked the first week for the StartCo teams, and we were there to welcome them with some SoftLayer Catalyst goodness (as a side to that BBQ).

We met with all of the teams and were greeted by folks from all over the world. Teams from NYC, Europe, Silicon Valley, and even local Memphis were made up of entrepreneurs who were eager to hear about Catalyst and how we could connect them to our community. From big data companies, to analytics companies and even a company that manufactures a chip for your dog, these teams definitely have the smarts and character to disrupt and succeed.

Our office and mentor hours provided us a strong foundation to connect with the startups one-on-one. BBQ Fest and events with A>M Ventures, StartCo, and our friends from Keen.io gave us an opportunity to spend two full days with the entrepreneurs, getting a higher sense of where they hoped to take their businesses.

The teams in Memphis are just as hungry, innovative, capable, and smart as any we work with in our startup ecosystems around the world. What we loved most about our time in Memphis was how welcoming the local leaders were, and further how open-minded they are to making a positive impact on this world. The leadership that is building this tech ecosystem from the ground up is doing so in an open, communal, and giving way, which all tech ecosystems need to be built upon.

Because of this philosophy, they are ensuring their success. They’re creating a community based on collaboration and mutual success. It reminds me of cities like Boulder and Portland. These cities were built on the same principles, and they enjoy greater success than many other larger markets.

And SoftLayer was there at the beginning. We’re excited to watch this ecosystem grow, and to continue collaborating to help support people like Mathews, Woods and many others in Memphis who see the forest through the trees.

Next stop on the small market express…Kelowna, British Columbia. Our very own @gkdog will be delivering a keynote and sitting on a panel, instilling our community and strategic philosophies on his home Canadian turf.

-@JoshuaKrammes

April 17, 2014

Deep in the Heart of Te(ch)xas: SXSW 2014

SXSW 2014 was bigger and crazier than ever. For anyone who has been sleeping under a rock, SXSW is one of the largest, most intense start-up technology, music, and film festivals on the planet. Held in March, SXSW turns Austin, Texas, into the global epicenter of everything (startup) technology.

As in years past, SoftLayer hosted the Speakeasy lounge, a daytime co-working space and community/networking lounge in the evening. For the second straight year, the lounge blew our expectations out of the water. Over the course of 48 hours, we saw over a thousand partners, start-up clients, fellow colleagues, and members of the global start-up community come through the doors. To give you an idea of how “global” the community was, I walked through the lounge at one point and heard six different languages being spoken.

Our start-up partners used the lounge to escape the chaos of the festival so they could get work done. In the space, they could relax, send emails, connect with clients and friends, or just find some peace and quiet away from the cacophonous show floor (and even-noisier 6th Street).

Catalyst Lounge SXSW 2014

One of the biggest highlights at SXSW for the Catalyst team was a panel that I moderated about building meaningful, organic communities around brands. The panelists for this discussion were George Karidis, COO of SoftLayer; Ben Rigby, CEO of Sparked; Samar Birwadker, CEO of Good.co; and Justin Johnson, director of developer evangelism for Keen.io. The group explained how their brands’ approaches to community engagement helped them build momentum and succeed faster, and I was humbled to hear how the SoftLayer Catalyst program impacted their decisions shaping their own communities. To cap off the session, the panelists also brought up the benefits of using Catalyst for testing and scaling during their early stages, so they could understand how to use the infrastructure as they grew. You need look no further for validation of our model than to have three of our most successful clients attributing their success to it.

In addition to the Speakeasy and the panel discussion, SoftLayer was also well represented on the SXSW show floor. Over the course of the show, clients, partners, and prospects stopped by to try their hands at the Server Challenge, and we had some phenomenal conversations about the future of the cloud and how SoftLayer is forging a new path in the infrastructure as a service game.

What a lot of people don’t realize about SXSW is that the majority of business gets done outside of the show floor. Each night presents opportunities to connect with and learn about individuals in the global start-up community. For example, Catalyst partner Planwise held a party and barbecue where they discussed best practices for start-ups in financial technology. We got in on the fun as well when we partnered with Techstars to host one of the hottest parties at SXSW Interactive. DJed by Thievery Corporation and attended by over a thousand guests, if you managed to get a hard-to-come-by ticket, you had a great time and met a lot of amazing people.

SoftLayer & Techstars Party SXSW 2014

Over the years, SXSW has proven to be a melting pot for creativity and innovation on a global scale. As businesses look for new ways to gather and present information, providers like SoftLayer become an integral part of their approaches. Our goal with Catalyst is to stay front-and-center in the startup movement … So it’s a safe bet that you’ll see us again at SXSW 2015.

-@joshuakrammes

April 3, 2014

Sprint Accelerator Spices Up Silicon Prairie

As part of the community development team here at SoftLayer, I get to travel the world and reach into cities to help local, born-on-the-Web communities grow and prosper. Last week, my travels took me (and my rock star team) to Kansas City, where we were invited to mentor startups in the Sprint Mobile Health Accelerator powered by TechStars (PBTS).

I know when you think of KC, you might not think of a technology startup community. As part of Silicon Prairie, where startups and tech are thriving, KC is taking its place amongst US tech communities, as companies like Sprint, Garmin, H&R Block, and Hallmark are investing in the local startup community.

Through the course of the days I spent in KC, we talked to 10 startups and held technical office hours. What we learned is that the startups in this accelerator had all of the qualities we hope to find: grit and determination coupled with brains and insane talent. (And some of the teams we met with are growing so quickly that they even have open positions.)

What struck me most from my trip was the sheer fact that even though I live in the epicenter of all things tech startup, I can see with my own eyes that the rest of the world is catching up––and they are doing so quickly. Most of the teams at Sprint PBTS are not from the startup mega cities like New York and San Francisco. They are from places off the beaten path. I’m happy to see it, and I’m even more excited for my trips later this year to other parts of the country like Memphis, Detroit, and Okanagan, where I’m sure to be as impressed as I was with KC.

True, for the time being the venture capital and investment communities will likely still steer startups toward the Bay Area, but I’m not convinced that is a trend that will continue forever. I’m more and more certain that as we advance technologies—and as SoftLayer maintains its edge in building the best platform on which to create them––geography will become a secondary factor in the success of startups.

Our Catalyst Startup Program provides that platform for early stage startups around the globe. Members have innovative concepts that need reliable infrastructure to support their growth from idea to enterprise. Recently, I sat down in front of a camera to share an overview of the program and it's benefits from the perspective of Catalyst member HAUL. Here is a crash course on Catalyst:

I believe in a year, a few of the teams from the Sprint Mobile Health Accelerator will combine forces to create one company that will eventually become a household name. Their evolution will be fun to watch from the beginning to end. And we are going to watch them closely. They’re going to do it, and we are going to be with them every step of the way.

-@joshuakrammes

March 6, 2014

SoftLayer at SXSW 2014

When attending South by Southwest (SXSW), the streets of Austin can feel like a giant maze. Keeping up with all the events in and around the conference is exhausting (if not impossible), so we thought we'd create a simple "SoftLayer at SXSW 2014" cheat sheet to eliminate the twists, turns and Internet searches that you'd otherwise make to track us down.

SXSW Interactive (SXSWi) Tradeshow

You will find the SoftLayer team in the Austin Convention Center Exhibit Hall at Stands 404 and 406. SLayers will be on-hand to give you a guided tour of the SoftLayer customer portal and answer any questions you have about moving your business into the cloud in general or moving it onto SoftLayer, specifically. If you have trouble locating our booth, we've got an 8-bit-inspired milestone for you to look for: The Server Challenge II.

We launched the original Server Challenge at SXSW in 2011, and since then, we've been tweaking and improving the competition to engage with conference attendees and help us tell the SoftLayer story. The objective of the competition is to popular 24 drive trays into two 2U servers and plug the network cables into the correct switches in the fastest time possible. If at the end of the show you have the fastest time, you will walk away with a MacBook Air and major bragging rights. As a reward for reading the SoftLayer Blog, we'll give you a leg up on the competition by letting you watch the current 43-second Server Challenge II world record completion:

SoftLayer Speakeasy

If you're looking to chill, recharge or get work done in the midst of the SXSW craziness, sign up to join us at the SoftLayer Speakeasy, featuring the Catalyst Startup Lounge. Our Catalyst team is taking over a great 6th Street venue on Sunday and Monday to provide a relaxed co-working space for customers, partners, and startups. Entrepreneurs, investors, developers and individuals in the startup ecosystem are welcome to stop in for free WiFi, coffee and drinks all day, and after 7pm, you'll enjoy live music!

Catalyst Startup Lounge

Register Now
Location: 501 East 6th Street, on the 2nd floor
Dates/Times: Sunday, March 9 at 12:00 PM to Monday, March 10 at 10:00 PM

SoftLayer Catalyst Incubator Program - SXSWi Panel

SoftLayer VP of Community Development Joshua Krammes joins a panel of customers and partners on Monday for a look at the tangible resources startup companies need to succeed:

SoftLayer’s Catalyst Incubator Program
@JoshuaKrames, VP Community Development (+ Panel)
Monday, March 10 @ 12:30pm — Hilton Austin Downtown, Salon B

IBM Cognitive Food Truck

While you're in town for SXSW, you're going to get hungry. Luckily, the Austin food truck scene is amazing, and you have quick and convenient access to any kind of food you can think of. This year, you'll even have quick and convenient access to any kind of food that IBM Watson can think up! Stop by the corner of Red River and 4th Street for a creative, crowd-sourced treat from the IBM Cognitive Food Truck. By using algorithms to determine why people like certain foods, Watson comes up with unique combinations of ingredients that deliver unbelievable results. And the best part...

Cognitive Cooking

Vote for the dishes you want to see the IBM Cognitive Food Truck create at SXSW online or by Tweeting your desired dish using #IBMFoodTruck. And if you get to try any of the food, let us know what you think about it.

With this cheat sheet, finding SoftLayer at SXSW will be a breeze ... Navigating the streets of Austin in the midst of all the crowds and chaos still might be tricky, though.

See you on Sunday!

-Rachel

March 5, 2014

Making an Impact: Catalyst and BEHUM

Running a startup is hard. We all know that. The right help at the right time makes all the difference, and for many, finding that help is a challenge. Not knowing who to ask for help or where to meet the right people to help move the needle in the right direction, many entrepreneurs and startup teams don't even know where to start.

That's one of the biggest reasons we created Catalyst. When entrepreneurs are passionate enough about an idea to ditch "safe" careers to build their own companies, we want to help them succeed by getting them access to the right resources.

That vision may seem simple on paper, but when I reconnected with a Catalyst program graduate last night, I was humbled to hear how Catalyst helped his company succeed. That entrepreneur was Neal Bram, founder of BEHUM – Be Heard You Matter. BEHUM is a political engagement platform that empowers voters to take simple but meaningful actions to support the candidates and political issues they believe in. Or to put it more simply, BEHUM helps individuals make their political views a reality.

When I spoke with Neal about his Catalyst experience, he explained, "For this to work we need reliability and SoftLayer has always been up to the task. When a leading political official sends a BEHUM link to 2 million individuals at the same time as a statewide advocacy group’s petition is going viral, we have to stay up.” Those numbers might not seem huge for the Facebooks and Twitters of the world, but for early stage startups that can’t afford to pay for more capacity than they need, it's a mountainous task. The Catalyst program provides free cloud hosting resources for early stage startups like BEHUM, allowing them to be confident and aggressive about seizing opportunities to accelerate growth without fear of breaking the bank.

Hearing that the scalability of our platform could accommodate BEHUM's demands felt good, but what Neal said next was what really stuck with me: “Catalyst is far more than the technology and economics. It’s a network of entrepreneurs helping each other led by Catalyst mentors who provide invaluable insights and connections.”

It's easy for the tangible benefits of the program to get the lion's share of a startup's attention, so when I hear about qualitative and relational impact the Catalyst team is making, I know we're doing something right. When I asked Neal if he had any specific examples of that type of involvement, he answered, “Whether it’s commenting on pitches, input on business models, or making an important introduction, the Catalyst program provided BEHUM the right help at the right time.”

That's the best feedback any Catalyst customer could ever give about the program.

If you want your views on candidates and political issues to be heard, head over to BEHUM. And if you're interested in connecting with Neal and his team, let me know, and I'll make that happen.

-@JoshuaKrammes

July 10, 2013

The Importance of Providing Startups a Sandbox

With the global economy in its current state, it's more important than ever to help inspired value-creators acquire the tools needed to realize their ideas, effect change in the world, and create impact — now. I've had the privilege of working with hundreds of young, innovative companies through Catalyst and our relationships with startup accelerators, incubators and competitions, and I've noticed that the best way for entrepreneurs to create change is to simply let them play! Stick them in a sandbox with a wide variety of free products and services that they can use however they want so that they may find the best method of transitioning from idea to action.

Any attention that entrepreneurs divert from their core business ideas is wasted attention, so the most successful startup accelerators build a bridge for entrepreneurs to the resources they need — from access to hosting service, investors, mentors, and corporate partners to recommendations about summer interns and patent attorneys. That all sounds good in theory, and while it's extremely difficult to bring to reality, startup-focused organizations like MassChallenge make it look easy.

During a recent trip to Boston, I was chatting with Kara Shurmantine and Jibran Malek about what goes on behind the scenes to truly empower startups and entrepreneurs, and they gave me some insight. Startups' needs are constantly shifting, changing and evolving, so MassChallenge prioritizes providing a sandbox chock-full of the best tools and toys to help make life easier for their participants ... and that's where SoftLayer helps. With Kara and Jibran, I got in touch with a few MassChallenge winners to get some insight into their experience from the startup side.

Tish Scolnik, the CEO of Global Research Innovation & Technology (GRIT), described the MassChallenge experience perfectly: "You walk in and you have all these amazing opportunities in front of you, and then in a pretty low pressure environment you can decide what you need at a specific moment." Tish calls it a "buffet table" — an array of delectable opportunities, some combination of which will be the building blocks of a startup's growth curve. Getting SoftLayer products and services for free (along with a plethora of other valuable resources) has helped GRIT create a cutting-edge wheelchair for disabled people in developing countries.

The team from Neumitra, a Silver Winner of MassChallenge 2012, chose to use SoftLayer as an infrastructure partner, and we asked co-founder Rob Goldberg about his experience. He explained that his team valued the ability to choose tools that fit their ever-changing and evolving needs. Neumitra set out to battle stress — the stress you feel every day — and they've garnered significant attention while doing so. With a wearable watch, Neumitra's app tells you when your stress levels are too high and you need to take a break.

Jordan Fliegal, the founder and CEO of CoachUp, another MassChallenge winner, also benefited from playing around in the sandbox. This environment, he says, is constantly "giving to you and giving to you and giving to you without asking for anything in return other than that you work hard and create a company that makes a difference." The result? CoachUp employs 20 people, has recruited thousands of judges, and has raised millions in funding — and is growing at breakneck speed.

If you give inspired individuals a chance and then give them not only the resources that they need, but also a diverse range of resources that they could need, you are guaranteed to help create global impact.

In short: Provide a sandbox. Change the world.

-@KelleyHilborn

May 22, 2013

Catalyst at SXSW 2013: Startup Community Partners

Much of the buzz you've heard about Catalyst has to do with our relationships with the entrepreneurs and startups we support around the world. That buzz is understandable since the hosting, mentorship and networking perks of the program are the most visible aspects of the program, but to truly understand why Catalyst has been so successful, we have to shine the spotlight on our partner organizations in the startup community. Without close ties to the most powerful and successful startup-focused organizations, my team would have a much tougher time meeting and introducing the best and brightest startups to SoftLayer's platform.

When the folks on the Community Development team are not working directly with the companies in the Catalyst, they're looking for opportunities to help and serve our huge network of business incubators, accelerators, co-working spaces and startup events. As a result, we stay pretty busy. To give you an idea of what a given month looks like for us, Catalyst is supporting seventeen different startup-related events in six different countries over the course of the next thirty days. We're lucky that we love what we do so much ... Otherwise, that schedule might seem pretty daunting.

If you've been an avid SoftLayer Blog reader (as you should be), you know that we work closely with organizations like TechStars and 500 Startups, but you haven't heard much about the other types of partnerships we build in the startup community. We want to provide Catalyst companies with resources outside of hosting that can make their lives easier, and that means we have to find killer partners that focus specifically on the needs and wants of startup companies. To give you an idea of what those partners look like, I'd like to introduce you to a few of them via their video interviews from SoftLayer's Catalyst Startup Lounge at SXSW:

As we've done with the Startups Speak interviews, we'll be adding videos from our partners to the YouTube playlist above so that you can meet them and learn more about the value they uniquely provide to the startup community.

I'd love to take more time to explain how we incorporate services from these partners in the Catalyst program, but I think I'm late for a plane to Vancouver ... or Chicago ... or New York ... or San Francisco. In any case, I should probably head to the airport.

-@PaulFord

April 26, 2013

Catalyst at SXSW 2013: The Startups Speak

SoftLayer listens to customers. There's no marketing spin or fluff on that statement ... I'm a former client, so I can attest to that from a customer perspective and from an internal perspective. When I joined the company as part of the community development team to work with startups in Catalyst, I knew my role was going to be more relationship-based than project-oriented, and that was one of the most exciting aspects of the job for me.

In my last blog about mentorship and meaningfulness, you heard from George Karidis and Paul Ford about the vision to make Catalyst a part of the startup ecosystem, committing to helping participating teams with more than just their hosting needs. While we attended SXSW Interactive, I ran into a few of our phenomenal customers and had the opportunity to sit down with them and talk about their businesses, their connection to SoftLayer and what the future holds:

Over the next few weeks, we'll add video interviews to that YouTube playlist to show off all of the startups that stopped by the Catalyst Startup Lounge at SXSW 2013. When a new video is published, it'll be added to the embedded playlist above, and we'll send some social media shout-outs via Twitter and Facebook.

With SoftLayer's 7th birthday coming up on May 5, we still feel like a startup, and a lot of that has to do with how closely we work with our customers ... Their energy is contagious, and it only encourages us to keep innovating and building our platform for the future. That's why entrepreneurs like the ones you meet in these videos choose SoftLayer. The fact that we have better technology and provide a more powerful cloud infrastructure winds up being a fringe benefit.

A big "Thanks!" goes out to the folks from Epic Playground, Flowmio, Medved, Urbane, YouNoodle, KeenIO, Cloudability and Preferred Return for taking time out of their busy SXSW schedules to chat with me. We love you guys!

-@JoshuaKrammes

April 12, 2013

Catalyst at SXSW 2013: Mentorship and Meaningfulness

In the Community Development group, our mission is simple: Create the industry's most substantially helpful startup program that assists participants in a MEANINGFUL way. Meaningfulness is a subjective goal, but when it comes to fueling new businesses, numbers and statistics can't tell the whole story. Sure, we could run Catalyst like some of the other startup programs in the infrastructure world and gauge our success off of the number of partners using the hosting credits we provide, but if we only focused on hosting credits, we'd be leaving a significant opportunity on the table.

SoftLayer is able to offer the entrepreneurial community so much more than cloud computing instances and powerful servers. As a startup ourselves not so long ago, our team knows all about the difficulties of being an entrepreneur, and now that we're able to give back to the startup community, we want to share battle stories and lessons learned. Mentorship is one of the most valuable commodities for entrepreneurs and business founders, and SoftLayer's mentors are in a unique position to provide feedback about everything from infrastructure planning to hiring your first employees to engaging with your board of advisors to negotiating better terms on a round of funding.

The Catalyst team engages in these kinds discussions with our clients every day, and we've had some pretty remarkable success. When we better understand a client's business, we can provide better feedback and insight into the infrastructure that will help that business succeed. In other words, we build meaningful relationships with our Catalyst clients, and as a result, those clients are able to more efficiently leverage the hosting credits we provide them.

The distinction between Catalyst and other startup programs in the hosting industry has never been so apparent than after South by Southwest (SXSW) in Austin this year. I had the opportunity to meet with entrepreneurs, investors, and industry experts who have been thirsting for a program like Catalyst for years, and when they hear about what we're doing, they know they've found their oasis. I had a chance to sit down with Paul Ford in the Catalyst Startup Lounge at SXSW to talk about the program and some of the insights and feedback we'd gotten at the show:

Paul was quick to point out that being a leader in the startup community has more impact when you provide the best technology and pair that with a team that can deliver for startups what they need: meaningful support.

Later, I had an impromptu coffee with one of the world's largest, most prestigious Silicon Valley-based venture capital firms — probably THE most respected venture capital firm in the world, actually. As we chatted about the firm's seed-funding practices, the investment partner told me, "There is no better insurance policy for an infrastructure company than what SoftLayer is doing to ensure success for its startup clients." And I thought that was a pretty telling insight.

That simple sentence drove home the point that success in a program like Catalyst is not guaranteed by a particular technology, no matter how innovative or industry-leading that technology may be. Success comes from creating value BEYOND that technology, and when I sat down with George Karidis, he shared a few insights how the Catalyst vision came to be along with how the program has evolved to what it is today:

Catalyst is special. The relationships we build with entrepreneurs are meaningful. We've made commitments to have the talented brainpower within our own walls to be accessible to the community already. After SXSW, I knew I didn't have to compare what we were doing from what other programs are doing because that would be like comparing apples and some other fruit that doesn't do nearly as much for you as apples do.

I was told once on the campaign trail for President Clinton in '96 that so long as you have a rock-solid strategy, you cannot be beaten if you continue to execute on that strategy. Execute, Execute, Execute. If you waiver and react to the competition, you're dead in the water. With that in mind, we're going to keep executing on our strategy of being available to our Catalyst clients and actively helping them solve their problems. The only question that remains is this:

How can we help you?

-@JoshuaKrammes

March 8, 2013

India: Using Global Technology to Go Hyper-Local

Bill Gates once told a journalist that everyone should care about developments in India because the world's largest democracy (of 1.2 billion people) and tenth-largest economy is quickly catching up with us. I recently had the opportunity to see those developments first-hand, and I wholeheartedly agree with Bill's sentiment. Innovation and technology breakthroughs are not owned by or limited to the United States, and as international markets mature, we're going to see more and more entrepreneurship and startup activity overseas. Now I don't mean to imply that the demise of Silicon Valley is imminent, but its influence will be greatly diminished in the future, and that's not necessarily a bad thing.

I just returned from a round-the-world trip that included nearly two weeks in India as part of a 500 Startups-sponsored market exploration tour called Geeks on a Plane. The tour stopped through Bangalore, Mumbai and New Delhi, with meetups for local entrepreneurs, startups, investors and some of the most influential companies in India's technology ecosystem. While in India, I had the chance to meet several SoftLayer customers — including Zoomin, PowerWeave, and Vidya Mantra — and their insight into the growing technology culture in the region was eye-opening.

India

One of the most interesting characteristics shared by many of the entrepreneurs I spoke with was that they were building businesses with a "hyper-local" focus: Unique business models that are specifically geared toward serving local communities while leveraging the latest technologies in mobility and e-commerce. This distinction is particularly noteworthy because they didn't assume that they'd need to succeed in the US market or compete with companies in the US to build their businesses ... And they're absolutely right. The opportunities that exist for hyper-local entrepreneurs in these emerging markets are staggering.

FlipKart is known as "The Amazon of India." It's very similar to the online shopping giant most of us know and use regularly, but with some unique regional twists. For example, because credit card and electronic payments in India are not as prevalent or reliable as they are in much of the world, orders are taken via both an online ordering system and through FlipKart call centers. Once processed, a highly developed network of "scooters" delivers about 50 percent of FlipKart's orders, and the payment is provided at the customer's door — IN CASH. While that might seem simplistic, each courier has a smartphone that allows them to become a geo-located, connected, data sharing entity. Hundreds of millions of dollars in FlipKart orders are delivered each year with very few issues, despite the fact that most of us can't even imagine how the company could operate that way in the US.

Another great example of how innovators are using technology to redefine businesses is redBus, India's largest bus ticketing company. A huge percentage of travel in India is done very inexpensively by bus, and before redBus came on the scene, travelers took their chances by buying tickets through middlemen and ticket brokers, often getting ripped off or becoming victims of double-booking. By centralizing the ticketing process, redBus is able to provide a reliable way to book a seat on any of India's vast system of buses via phone, online or in person. redBus offers the largest selection of bus seats in the country with over 350 bus operators and a flexible network of boarding points, timing and bus types. It's an incredibly simple service that meets a clear need for a hyper-local audience by leveraging the technologies being built and improved around the world.

If my two weeks in India taught me one thing, it was that the startups don't need to conquer international markets ... They can strive to service their local communities and interests, and they'll be just as successful (if not more). Our Catalyst program has just begun its international expansion into India, and the future certainly looks bright. In fact, I'm proud to announce that we've already signed up our first Catalyst program member in India with many more to come!

As we continue working with startup communities around the globe, I learn more and more about how the world is changing, and I get a stronger appreciation for the cultural and economic ties that bind us all together.

Stay tuned!

-@gkdog

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