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What’s Next for Tech Diversity in Austin, Texas?

And what can we do to make Austin one tech city again?

When I first tell people I live in Silicon Hills, most people look at me with a very confused expression. They’re typically familiar with Silicon Valley and the many large tech companies that serve us ads via Instagram, but they’re strangers to the presence those same companies have here in Austin, Texas. They also have little to no clue about the booming tech ecosystem that includes many diverse startup companies unless they regularly monitor tech publications.

But even though select non-Austinites have little knowledge of our tech scene, there are plenty of Austin residents who are unaware of issues happening behind the scenes.

At yesterday’s Diversity in Tech event at Huston-Tillotson University, the Blnded Media Team had the opportunity to hear from a host of professionals who want to make sure more Austinites are aware of the good that’s happening in our tech scene, but also learn about how we can make it more diverse.

Read the full article on Blnded.


What’s Next for Tech Diversity in Austin, Texas? was originally published in Austin Startups on Medium, where people are continuing the conversation by highlighting and responding to this story.

#URLinkedUp AustinStartup https://austinstartups.com/whats-next-for-tech-diversity-in-austin-texas-2006553e9d06?source=rss—-9504c035b990—4

#Austin Check out URLinkedUp > http://www.urlinkedup.com

​Top 5 ways to make your business more profitable

Operating a business in the innovative, diverse and rapidly growing city of Austin has tremendous opportunities. It’s also fiercely competitive.
For your business to succeed and stand out among the crowd, it requires constant attention to your business plan, partners and profitability.
Here are the top five ways to make your business more profitable:
1. Location, location, location
For your business to be a progressive and lucrative player in your industry, go where the growth is.
This is…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/04/30/top-5-ways-to-make-your-business-more-profitable.html?ana=RSS%26s=article_search

#Austin Check out URLinkedUp > http://www.urlinkedup.com

Central Texas healthcare facilities face challenges

Austin is a health-conscious city. With miles of hiking and biking trails and a plethora of races for the weekend athlete, Austin has a smorgasbord of ways to stay healthy.
When proactive health services are needed or an unexpected health condition presents itself, there’s arguably no better place to be than Austin, Texas.
Local resources for medical, dental, veterinary and vision healthcare are abundant, and in just a few short months, the Dell Seton Medical Center at The University of Texas…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/04/30/central-texas-healthcare-facilities-face.html?ana=RSS%26s=article_search

#Austin Check out URLinkedUp > http://www.urlinkedup.com

CTAN is the Most Active Angel Network in the Country

The Central Texas Angel Network, known as CTAN, is once again one of the most active angel investment networks in the country, by number of deals done in 2016, according to the 2016 HALO report.

The Angel Resource Institute, along with PitchBook, released the annual report last week.

In 2016, the most active angel groups included CTAN, Houston Angel Network, Hyde Park Angel Network, Alliance of Angels, Launchpad Venture Group, New York Angels, Blu Venture Investors, RTP Capital, Queen City Angels and St. Louis Arch Angels, according to the HALO report.

“CTAN’s position in the ARI national rankings reflects the intense time and effort our members commit to startups,” Claire England, Executive Director of Central Texas Angel Network, said in a news release. “Beyond increased funding levels, we saw record investor participation in 2016, with a 40% growth in the number of members writing checks.”

CTAN, a nonprofit organization with more than 160 accredited investor members, reported its members invested $14.2 million into 43 companies last year.

CTAN also made the HALO list of the most active angel networks in 2015.

Overall, in 2016, direct investments reported from U.S. angel groups more than doubled from 2015, according to the HALO report.

The report identified the trend of pre-money, early stage valuations declined from $4.6 million in 2015 to $3.7 million last year.

“The median round size for deals where angel groups co-invest with other investors in first round deals dropped to $950,000 from $1.6 million,” according to the report. “Median deal size from angel groups reached $127,000.”

In 2016, follow on funding accounted for 50.4 percent of deals funded by angel groups, according to the HALO report.

Texas, California, the Northeast and Southeast are the regions where new deals outpaced follow on rounds, according to Tony Knauss, co-chairman of the research committee for the Angel Resource Institute.

California accounted for 30 percent of all angel funded early-stage deals in 2016, followed by the Southeast, New York and the Northeast, all at about 10 percent, according to the report. Texas accounted for 5.4 percent of all angel deals.

Most of the deals were in the software industry with 34.3 percent, followed by healthcare with 17.3 percent, business to business with 13 percent, Internet and mobile at 11.2 percent and business to consumer at 10.3 percent.

Overall, male founders represented the bulk of funded deals with 58 percent led or founded by white male entrepreneurs, according to the HALO report, followed by 25 percent of deals led or founded by minority male entrepreneurs and 14 percent of deals led or founded by white female entrepreneurs and 3 percent of deals led or founded by minority female entrepreneurs, according to the report.

In Texas, investors wrote checks to male entrepreneurs 85 percent of the time, according to the report.

#URLinkedUp Austin technology Archives – SiliconHills http://www.siliconhillsnews.com/2017/04/29/ctan-is-the-most-active-angel-network-in-the-country/

#Austin Check out URLinkedUp > http://www.urlinkedup.com

Help shape the City of Austin’s Smart City Roadmap

Last November, the Austin City Council passed a resolution requiring the creation of a Smart City Strategic Roadmap by the end of this May.

The goal, per the resolution, is to create a “transparent framework or roadmap for City services to catalyze joint understanding, prioritization, planning, and resources for connecting technological opportunities.”

Once completed, Austin’s Smart City Strategic Roadmap will set a frame for the foundation, policy, teams, services, technology, and business models for Austin’s smart city future. And you can impact the final product.

In order to identify gaps between where we are and where we need to go, the City needs your input by next Tuesday.

Please visit bit.ly/smartycityatx before Tuesday to share your thoughts, observations, and experiences around needs, gaps, and capabilities that we need to include in the Smart City Strategic Roadmap. Please also consider sharing bit.ly/smartycityatx with your networks so the City can hear from them, too.

After Tuesday’s comment period closes, the City will find patterns, consolidate insights, and synthesize your feedback into the Strategic Roadmap. Every participant will get an automated report that indicates how their input was utilized.

Again, visit bit.ly/smartycityatx by next Tuesday!

Austin Tech Alliance is a member-based nonprofit dedicated to promoting civic engagement in Austin’s tech sector. We focus on:

  • Educating the tech grassroots on issues that impact them
  • Advocating for tech-forward solutions to community challenges
  • Activating the tech community to speak up, participate, and vote


Help shape the City of Austin’s Smart City Roadmap was originally published in Austin Startups on Medium, where people are continuing the conversation by highlighting and responding to this story.

#URLinkedUp AustinStartup https://austinstartups.com/help-shape-the-city-of-austins-smart-city-roadmap-59c2a619fbdc?source=rss—-9504c035b990—4

#Austin Check out URLinkedUp > http://www.urlinkedup.com

PricePlow presents MusclePharm Recon New Formula – 2017 Arnold Classic

MusclePharm Recon New Formula – 2017 Arnold Classic
https://blog.priceplow.com/supplement-news/musclepharm-recon
MusclePharm has a brand new version of their recovery supplement Recon. We had a chance to talk with MusclePharm at the 2017 Arnold Sports Festival and they showed us some under the hood products and discussed their future direction with the line.

Recon will be the first in their new Legacy Series and you can get all the information on this product at our blog.
https://blog.priceplow.com/supplement-news/musclepharm-recon

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Entrepreneur Louise Epstein Shares her Secrets to Success on Ideas to Invoices

By LAURA LOREK
Publisher and reporter with Silicon Hills News

In 1994, Louise Epstein launched Charge-Off Clearinghouse after serving on the Austin City Council.

“I went on a shameless search to find out what was happening in the world,” Epstein said.

There was an explosion in credit card debt and an explosion in debt that went unpaid, she said. That’s where she saw an opportunity.

She was one of the first women investment bankers in Texas and used her experience to create Charge-Off Clearinghouse, a distressed debt company that valued, purchased and sold $1 billion of charged-off credit cards. She led the company from 1997 to 2008.

Today, Epstein serves as managing director of the Innovation Center in the Cockrell School of Engineering at the University of Texas at Austin.

Epstein shares her secrets to success in this latest episode of the Ideas to Invoices podcast.

Epstein found a partner and convinced him to hire her for his debt collection agency. She ended up spinning her company out of that venture focused on buying and selling buy debt.

“Like most great ideas I latch on to, they are not mine,” Epstein said.

Her company was profitable from the first month.

One of the big lessons she learned in business, is it doesn’t matter if you’re right.

“Being right doesn’t mean you just made a sale. You can be right all the way to bankruptcy,” Epstein.

The key is to present something in a compelling way and to know how to sell, she said.

She built relationships with her customers on the phone.

“The way to sell is to know how to listen,” she said. “And when you listen, you really learn what your customer is looking for and what’s important to them…..you don’t build a relationship by talking.”

Great entrepreneurs must have an incredible amount of energy, the ability to prioritize and focus, Epstein said.

“If you want to be successful there is no work, life balance,” Epstein said.
“You have to have the ability to delay satisfaction, delay gratification, focus and commit.”

Her favorite thing about being an entrepreneur is creating something from nothing.
“I believe that when we create, we are doing what we are supposed to be doing,” Epstein said. “That’s how we are being the closest to the greatest we can be. The most elevated existence we can have.”

Epstein also advises entrepreneurs to learn first before launching their ventures.

“It really helps to know something to be successful,” Epstein said.

Getting paid to learn is called a job, she said.

“Get a job, learn, because you need to know more about so many things before you begin something,” she said.

Entrepreneurs are driven and not everyone can be an entrepreneur, Epstein said.

At the Innovation Center at the University of Texas at Austin, Epstein shares an office with Bob Metcalfe, the executive director, inventor of Ethernet, founding CEO of 3Com and professor of innovation at UT.

The Innovation Center is using startups as vehicles to change the world, Epstein said. At UT, two robotics company are doing great work, she said. Professor Luis Sentis is heading up Apptronik, a company that makes robots and exoskeletons.

Professor Andrea Thomaz is heading up Diligent Droids, a company that makes robots for healthcare providers. And Mechanical Engineering Professor Chris Rylander is heading up several commercial ventures, she said.

Listen to the full Ideas to Invoices podcast to learn more.

Editor’s note: Silicon Hills News launched on Patreon this week. Please visit the site to pledge just $1 a month to support the Ideas to Invoices podcast and other work we do at SiliconHillsNews.com. Thank you in advance for your support!

#URLinkedUp Austin technology Archives – SiliconHills http://www.siliconhillsnews.com/2017/04/28/entrepreneur-louise-epstein-shares-her-secrets-to-success-on-ideas-to-invoices/

#Austin Check out URLinkedUp > http://www.urlinkedup.com

‘Fixer Upper’ star Chip Gaines defrauded former real estate partners, lawsuit alleges

Chip Gaines, the Waco entrepreneur who stars with wife Joanna in the HGTV show "Fixer Upper," is accused of allegedly defrauding his former real estate partners by buying them out just days before announcing that the television show had been picked up by a major network.
John Lewis and Richard Clark filed a lawsuit Thursday against Chip Gaines in state district court in Waco — about 100 miles north of Austin — seeking more than $1 million, the Waco Tribune reports.
Gaines’ attorney denied wrongdoing.
"We…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/04/28/fixer-upper-star-chip-gaines-defrauded-former-real.html?ana=RSS%26s=article_search

#Austin Check out URLinkedUp > http://www.urlinkedup.com

Anti-establishment Austin bookstore turns the page, closes brick-and-mortar store to go mobile

Brave New Books, a self-described “anti-establishment” bookstore near the University of Texas at Austin campus has closed — but the "subversive literature" sold by married owners John Bush and Catherine Bleish will still be available around town.
It will have a presence at a mobile bookstore parked at Spider House, a bar and eatery just north of the UT campus, and inside Capital Coin and Bullion on Burnet Road.
Brave New Books made a name with its libertarian leanings in a liberal pocket…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal http://www.bizjournals.com/austin/news/2017/04/28/anti-establishment-austin-bookstore-turns-the-page.html?ana=RSS%26s=article_search

#Austin Check out URLinkedUp > http://www.urlinkedup.com