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Press Release 06/06/2013
Over 550
entrepreneurs and investors attended TiE-Boston’s 15th Annual TiECON
East conference
held over two days (May 2 & 3) at the Cambridge Marriott. The conference
theme was “Empowering Entrepreneurs†and showcased the hottest companies “Made
in Boston.†The hotel was abuzz throughout the two days with high-quality
speakers and enthusiastic entrepreneurs networking, exchanging ideas, and
empowering each other. The
conference kicked off with a Family Feud-style Bootcamp session on Mistakes
Entrepreneurs Should Avoid. Two teams competed to determine the top mistake - building
the wrong team – made by entrepreneurs. The following panel sessions were on
Digital Marketing and Intellectual Property. Simultaneously, TiE Challenge
Judging took place behind closed doors where 20 selected companies presented to
a panel of judges. Bounce Imaging, Drinkwell, Mindful
Scientific, Rhoost, and WiFiZa were named the TiE Challenge
2013 Champions and recognized during the banquet celebrations on May 3rd. TiE Angels Boston hosted Thursday’s high-energy
Startup Reception allowing attendees to network with investors from the area.
The energy from the reception continued with Tom Leighton’s, CEO of Akamai, keynote on the growth of Akamai
from a small internet startup into a leading cloud company. Leighton talked
about how they accidently rejected Steve Jobs’ offer when they first started
out and how Star Wars and Victoria’s Secret helped them surpass $10B in
revenues. The
second keynote of the evening was Manoj Saxena, General Manager of IBM Watson.
Saxena discussed not only the future of computers and how cognition learning
and cloud play an important role but also what IBM is doing with Watson to make
this vision a reality. Friday
morning began with the “Made in Boston†keynote series featuring 3 local and
hot companies. Brian Halligan, CEO of HubSpot, spoke about how inbound marketing
is about creating a brand that people love and how HubSpot was able to do this
on the East Coast. Ash Ashutosh, CEO of Actifio, discussed the importance of
culture which is the only thing that endures in a world where change is the
only constant. Michael Simon, CEO of LogMeIn, talked about how "Passion
is the extreme form of curiosity" and encouraged entrepreneurs to have the
audacity to compete against big brands. Tony
Parham, Massachusetts’ 1st Government Innovation Officer, was appointed last August to
find innovative ways to improve efficiency and streamline the delivery of
government services. He commented on how Massachusetts is leading in green
energy by investing “more in energy efficiency than any other state in the
country†as well as in Life Science with the state’s big data initiative and
crowdsourcing. The
Women’s Keynote Panel brought up important issues that need to be addressed in
women’s equality in the business world. According to the panel, despite the
fact that women control more than 80% of purchases and are more likely to still
be in business after 5 years, “women get promoted by their past performance and
men get promoted by their future potential.†The key to having more female entrepreneurs is
to keep telling our daughters and other young women that they can do it too. Jonathan
Kraft, President of The Kraft Group, talked about the history of his
family’s businesses from their paper business to the Patriots. He spoke frankly
about how fortunate his family has been and their efforts to give back
particularly in the areas of medicine and education to help future generations.
Kraft is so committed to empowering the next generation that he announced to
the crowd’s delight that he would match the $5000 prize the TyE-Boston 2013 winning team won! The
conference explored areas of innovation across three tracks: Startup Track,
which covered hurdles startups face from Fundraising to Building a Team and Exits;
the Technology Track discussed the latest trends in Big Data, Enterprise, and
Mobile; while the Future Track provided insights into Personalized Medicine,
Gaming, and Education. PowerLunch
was a huge success for the 3rd year. Attendees attended 4 different
sessions; some engaged in lively, intimate discussions with experienced
entrepreneurs and business leaders like Chris Allen, Firdaus Bhathena, Rick
Grinnell, and Steve Papa, leaving no seat empty. Others attended a Lunch n
Learn Session with EMC or a Cleantech discussion, while
the rest opted to sit and listen to the TiE Challenge Open Mic pitch session. Attendees
voted for their favorite companies – Drinkwell and Mindful Scientific were
named the two Crowd Favorites. You may also access this article through our web-site http://www.lokvani.com/ |
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