I’m happy to report that the three start-ups mentioned in my last post a year ago are doing great. I’ve been to several shows at the Kinetic Arts Center and have been impressed by the performances. Unbelievable what these kids can do, be it on trapeze, aerial tissue or on the ground. BeeBliss has extended the number of brands carried and offers quality Yoga clothing for any taste. And Loggly has received funding and is running a successful beta of log management in the cloud.
I’m always inspired to witness friends launching start-ups and I’m very excited to add another one to the list: Green Barrel. Local wines distributed in barrels as eco-friendly, sustainable packaging. Coming soon to a bar in SF.
Kickstarter is a great idea to find crowd-sourced funding. You define a target amount and have a limited amount of time to achieve it. You only get the money if you reach the target. You’re responsible for promoting your project but Kickstarter provides a great platform with an active community. Instead of getting lots of money from one investor (and giving up parts of your company) you get small amounts from a large number of contributers (and keep control of your company).
It’s about time I get going on my own start-up…