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October 16th, 2014

October 16th, 2014

Tennessee Innovation in the News

Brentwood among Google’s Top Online Business Communities
The Tennessean
While Nashville may be able to consider itself the next “it” city, Brentwood can bask in the glow of being named a Google eCity. Google teamed up with an independent research firm to determine which city in each state has the strongest online business community. Officials with the online search engine giant today announced that Brentwood is the recipient of the 2014 Google eCity Award for Tennessee.
Tennessee’s Venture Capital Activity Hits Highest Levels Since 1995
Nashville Business Journal
Early-stage investment fueled the most active venture capital quarter in Tennessee since Thomson Reuters began collecting data. There were 17 venture capital deals in Tennessee during the third quarter, funding $17.7 million, according to The MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. Since the MoneyTree Report began in 1995, that’s the highest deal total in the Volunteer State.
The Ride: Dislodging Entrenched Thinking with Creativity and Drive feat. Start Co.’s Eric Mathews
Knoxville News Sentinel
It might take a bulldozer to break through entrenched thinking patterns. Two entrepreneurs who opened their businesses in 2008 created market-savvy services to meet newly emerging demands.

National Innovation in the News

17 Things Only Accelerator Graduates Understand feat. Start Co., Barter Sugar, Phase

Tech Cocktail

Accelerators are the entrepreneurial equivalent of band camp – away from reality, stuck with your peers for all hours of the day, putting up with dubious living and culinary conditions. After finishing an accelerator, you join that illustrious group of entrepreneurs who have survived it. Accelerators may all be different, but there are certain universal truths that graduates know. “Remember that one time during the accelerator?” Why yes, yes they do.

Coca-Cola Launches New Program to Recruit Startup Founders


David Butler, Coca-Cola’s vice president of innovation and entrepreneurship, announced the Coca-Cola Founders program, a way for startups to gain access to Coca-Cola’s tremendous reach and for Coca-Cola to tap the ideas of independent entrepreneurs. The company goes into startup communities around the world and hand-selects founders, giving them insider access to Coca-Cola–both the company’s assets and its challenges.

First Round Review
By early 2009, Eventbrite had been turned down by practically every venture capital firm in Silicon Valley. The economic downturn had taken its toll, and Co-founders Julia and Kevin Hartz and Renaud Visage had a choice. They could give up, or they could continue to bootstrap and grind as the only three employees — like they already had for the previous two years on less than $250,000. Ultimately, they chose to stick it out.


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