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Demo Day Spring 2014 Photos

May 21, 2014 at 9:38 am

Check out some of the pictures from Demo Day, done by the very talented Eva Blue

Want to see more? Check out the FB album

 

Meet the Spring 2014 FounderFuel Cohort

May 15, 2014 at 3:18 pm

Demo Day Spring 2014 Live Stream

May 9, 2014 at 5:10 pm

Check back here at 4pm on Tuesday, May 13th to watch the LIVE stream of Demo Day.

Watch live video from founderfuel on www.justin.tv

Day 68: TGIF!

May 9, 2014 at 4:47 pm

For most people 4:30 on a Friday afternoon means that in 30 minutes they’re free from the constrains of their office for 2 days. They can spend the weekend at the cottage, or have a picnic in the park, hit the slopes for a day of skiing or relax in bed with breakfast and the newspaper. 

The FounderFuel teams normally work at least 1 weekend day, making sure to take a day off here or there to regain their sanity. But not this weekend. There are 4 days left until Demo Day and it’s officially CRUNCH time. The teams will be working through the weekend, probably getting very little sleep so that come Tuesday their pitches will be perfect, their products will have significant traction and their bugs are fixed. 

Picnic copy

So to the teams we’ll say PTTM (Pedal To The Metal) and to everyone else, have a relaxing weekend!

Day 66: FounderFuel Hoodies!

May 7, 2014 at 3:29 pm

Today the teams got their first “graduation” present from us. During the filming of our official Spring 2014 Cohort video we surprised everyone with FounderFuel hoodies. They teams were super excited. But at the same time, it hammered in just how soon Demo Day is!! 

Check out this years colour.

Hoodie pic

Day 65: Pitching, pitching, pitching

May 6, 2014 at 4:47 pm

Today is Day 2 of a 6 day pitching workshop for the companies.

pitching, pitching, pitching

Over the next few days the teams will spend one-on-one time with the Ian Jeffrey and John Stokes to practice their pitches over and over until they’re spot on! We have just 8 days until Demo Day so it’s crucial that their pitches get boot-camped to perfection very quickly. 

As usual, plenty of tough love was dished out. It sounds harsh but it’s just what’s needed for the teams to get to where they need to be.

Here are some of the best ones:

“That’s it?….This leaves me with the impression that you’ve done nothing.” 

“You don’t know whether what you’ve done will be good or bad yet, do you?”

“Where’s the community you claim to be building? I can’t find it anywhere. There’s no community here, there’s just one guy who posts a lot.”

“You’re trying to paint a picture of progress and instil a sense of trust, but I don’t think you’ve shown any progress. Since day 1.”

“I need to know what winning looks like for you, I need to know that you can win, because right now I’m not sure you can.”

Day 64: Vanhawks Valour Reaches 200% of their Target

May 5, 2014 at 5:14 pm

Vanhawks launched the Kickstarter campaign for their Vanhawks Valour bike last Thursday at 1pm EST. In less than 36 hours they managed to hit 100% of their goal and this afternoon they surpassed 200% of their goal! We’re excited the Kickstarter exploded, especially this quick! 

Because the campaign has been moving so quickly they’ve opened up some stretch goals if higher targets are met. 

250K – New rim colours
400K – Disc brakes
750K – Carbon belt drive

We’re so proud to have this company as part of our Spring 2014 cohort and can’t wait until Demo Day when they can show the world what’s coming next!  

Have you pledged to the Vanhawks Valour campaign yet? If not, head over to their Kickstarter page ASAP! 

 

Day 50: Trip up the Busbud office

April 11, 2014 at 7:24 pm

To cap off a long week, we thought why not take the teams up to the Busbud office to tour their amazing space, have a few beers and hang with their team. 

Check out some of pics from the evening:

 

 

A BIG thank you to one of our Mentors LP Maurice for facilitating everything! 

Day 27: Being a Young Entrepreneur

March 11, 2014 at 4:44 pm

While the ages of the Founders & Co-founders in the Spring 2014 range from barely 20 to almost 40, the majority are on the younger side. What exactly is it like to a be a young entrepreneur, especially in the Canadian tech landscape? There can be huge rewards but there are also huge risks involved. It can be difficult at a young age to be taken seriously and that means that it can be hard to secure funding, hire top talent, sell product, etc.

Young-Entrepreneur-wowrack

There’s a great Techvibes piece written by Qasim Mohammad about what his experience was like when he took the plunge towards building his own business at a young age. In it, he lists out 5 things that will help you succeed as a young entrepreneur.

1 – Question your motives

2 – Have a mentor

3 – Learn from your difficult experiences

4 – Know where to go for help

5 – Be persistent

Have other tips that would be useful for young entrepreneurs? Leave them in the comments section.

Day 25: 1608 hours until Demo Day

March 7, 2014 at 1:21 pm

There are 67 days left until Demo Day. That means 1608 hours, 96,480 minutes or 57,788,800 seconds.

After doing that math, we were shocked that there were less than 2000 hours left for the teams to crank out code, push product and get traction before the big day. We got to thinking, if that number made us stress, how it would make the teams feel…To begin the conversation we asked the teams how many hours they each work on average a week, then followed that up with the real numbers to get their thoughts on their looming deadline.

Clock-Ticking-2163517

How many hours a week do you work?

“Well let’s see, we work 8am to 10pm, 6 days a week so I’d say between 80 and 90 hours?”

“Easily 100. I work 14 hour days, 7 days a week.”

“Let’s just say I’ve closed Notman House every night this week. At 2am. I’ve also opened it every day this week. At 8am”

“A week has 168 hours, I sleep roughly 4 to 5 hours a night soo ->168 – (5h * 7d) – (1h * 4d swim) – ( 4h coffee time a week) – (5hr shower other stuff in a week) = 120″

“How many hours are there in a week? That’s how many I work.”

So how does it make you feel that there are about 1600 hours left before Demo Day?

“Off the record? Can I swear in the blog?”

“Excuse me while I go cry in the corner.”

“I need to stop wasting hours on sleep!”

“I think I need to go change my pants…”

“Excited! I can’t wait to see how our company evolves”

 

And now there’s only 1607 hours left…

Think your team has what it takes?

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