StartupCampWaterloo2: focus your ideas and do your research
With our second StartupCampWaterloo behind us here in Waterloo we hit a milestone. Over 100 people were in the main area of the Waterloo Accelerator Centre to talk with Startups and help each other with ideas (quick estimate based on 88 chairs in the room plus Ali’s colourful chairs). I am pretty sure all those that demo’d got some useful information and experience out of the evening.
A big thanks to Stefanus De Toit for opening up the evening and breaking-in the crowed by sharing insights like: Turning academic research into a product is hard if you don’t keep your paperwork in order; hire your friends; wow people with lots of 3D chickens to get investment (actually prove your concept with a solid demo). Another big thanks to Austin Hill for closing off the evening with a great presentation which included: don’t be afraid of sharing your ideas because someone already tried it – it is your execution that is important; Canada needs more of its successful entrepreneurs re-investing in the startup scene; beware the vulture investors; do a startup while you are a student; it helps to work for a startup if you are thinking about a startup as startup culture is infectious.
What was learned from this one is that 60 second intros with voting works out really well. Keeping things short and keeping the slides out of it kept the conversation interesting and focused. The big buzzer also helped. Only took one person being caught by it—no one else dared challenge their time limits. Plus it kept us on time, mostly.
I had a lot of good feedback and now can relax—until the next one. What are we going to do next? BarCampWaterloo is on March 29th, a DemoCampGuelph will be in April, and StartupCampWaterloo3 will be sometime in May. If you can’t figure out if you want to go, I have a post coming up tomorrow that will cover that 
Other folks to thank for making the trip from places afar and/or helping out last night… The Toronto folks venturing outside of the GTA in their large 4×4: David Crow – thanks for the books and disruption, Jevon McDonald, Jonas Brandon. Ali Asaria brought some chairs and name tags and Simon Law for came down from Montreal. The other organizers Simon Woodside and Mic Berman ensured that we appeared as unconference as possible
Most importantly, the night was good because of the folks that were there. Waterloo has a great community.
Developing local startups with Waterloo co-op students
It is interview time here at Waterloo. It happens once every four months, thousands of students and employers enter a dating game for talent and experience. Waterloo is a bit unique having a building dedicated to the process (just happens to be where my office is) and a frequency of three times a year for the process to run. Large companies like Google, RIM and Microsoft are hear hiring large numbers of students but so are local startups like AideRSS and Semacode along with all sorts of companies from different fields and different sizes. Posters on the walls with all the different information sessions show all the opportunities for students.
Why do the companies come here? Waterloo has the talent and I would argue there is far more and better talent than Stanford (update: Larry disagrees or does he?). Our students go to the Valley or Seattle or Boston or Ottawa and all points in-between to work for big names and get started on their carriers while they are working on their undergrad (or grad) degrees. A lot them stay local (Google and RIM are in Waterloo, along with a lot of other interesting employers) and even more would like to stay local for a term or two if a great job can be found.
For local web/tech startups this is a great opportunity. If you developing an idea and you need someone that can code and wants to contribute, for around 10K you can get a junior student for four months to do that. Senior students are more but you get higher quality and more experience. Just to prove a startup concept though, a junior co-op student is inexpensive and hugely beneficial.
The project I am working on depends on the quality of Waterloo Co-ops. We are building a new system to run the job/dating game and have a great bunch of students to do that. They code, they ask questions, they learn, they are excited, and they build really cool things from your ideas. Over the years I have worked with a number of different students and all of them made me look good—which is what you want when you hire someone, right?
There is a side benefit to local startups hiring students I think as well. If you keep the students here, keep them engaged, and get them excited about trying out their ideas you help the local community build resources. I think it’s one part of the puzzle that may help Waterloo’s stealthy startup scene become even more open and exciting.
If you are wondering how to hire a co-op, contact CECS and they will have you set up in no time.
StartupCampWaterloo2 on February 26th
If you are in the Greater Waterloo Area (roughly Milton to Woodstock in highway 401 terms) and have a thing for startups you should come out to the second StartupCampWaterloo on February 26th. Our first one attracted a great group of participants and inspired similar events in Toronto and Montreal. The event is free, the refreshments are provided thanks to sponsors, and there is working wifi. All you need to bring is your expertise, ideas, and an open mind. We have undergrads, grads, alumni, startup inclined people, technologists, and other various characters in-between that make up a large group of people all eager to share and develop ideas.
This event is informal and fun. We aren’t expecting polished presentations. The audience would prefer that you use little to no slides if you present. What you should have is a passion for your idea/technology/etc and the ability to receive open and honest feedback. The schedule is set at the event by those at the event by the participants so be sure to get there on time (starts at 6pm, wiki has details).
Please sign up on the wiki, look forward to seeing you there!
