It’s not high-speed rail, but any kind of effort to connect San Antonio and Austin and provide the free-flow of the workforce in the region is a welcome one.
Megabus.com will begin service in Texas on June 19th.
The express bus company is offering fares from $1 to travel to Dallas, Houston, San Antonio and Austin.
Texas residents can also travel to Norman, Okla, Memphis, Tenn., Little Rock, Ark. and New Orleans for as low as $1.
In addition to affordable fares, megabus.com offers customers free Wi-Fi, power outlets and restrooms.
Tag: Texas (Page 4 of 5)
San Antonio-based Startech Foundation is now accepting applications to the Texas Emerging Technology Fund from south central Texas based technology startups.
The program is aimed at providing seed stage funding for technology startups, university faculty and others focused on emerging technology.
“Funds may be used for any legitimate business purpose but the primary focus of the fund is to facilitate those technologies that are ready to come off the lab bench and get into the marketplace,” Jim Poage, president of Startech, said in a news statement.
Companies interested in applying should contact Erica Amaya or at 210-458-2713 for details. Startech will be accepting applications until 11:59 p.m. on April 17.
Startup Weekend Austin kicks off Friday and runs through Sunday.
The event features a group of people who come up with business ideas and then spend 54 hours together hammering out the details and launching the companies.
The event, which takes places at HubAustin Coworking at 4930 S. Congress Ave, is so popular that it has a huge wait list. So the organizers are giving away a ticket to the person who creates the best 60 second pitch video. The tickets aren’t cheap either. They range from $75 for a designer to $99 for nontechnical participants and developers. Caleb Smith created a rap video to compete for a ticket. Brian Curliss created an online matchmaking dating video pairing himself up with Startup Weekend Austin. You can find all of the videos here.
And even though the event is sold out, the public can still attend the final Startup Weekend Austin pitch session on Sunday, where the newly formed ventures will present their ventures to a panel of judges. To attend the demo pitches, make sure to RSVP here.
BY SUSAN LAHEY
Special Contributor to Silicon Hills News
Garriott is co-vice chairman of Space Adventures which sent him and half a dozen other space tourists up in a Russian craft—NASA will not permit commercial space flights. There’s also the X Prize Foundation which holds multimillion dollar competitions for various aspects of private space research and exploration; SpaceX which develops launch vehicles and spacecraft for NASA with an eye to commercial space travel; Sierra Nevada Corp.’s Dream Catcher spacecraft can carry up to seven crew and cargo to the International Space Station and Bigelow Aerospace is developing space complexes for future space travelers.
Garriott himself, who has tracked mountain gorillas in Rwanda, floated down the Amazon, slept in a tent in the interior of the Antarctic, and been at the bottom of the Atlantic to see the Titanic, has on his bucket list “space diving”–the extra terrestrial version of sky diving–and living on Mars. He bought lunar landers that were left behind, making him the only private holder of real estate on the moon.
In his presentation, he explained how a program like XPrize, offering a billion dollar prizes to organizations that can create infrastructures needed to make Mars habitable, would spread the colonization investment over several different companies and make it financially feasible for humans to become an interplanetary species.
Garriott’s father, Owen Garriott, was an astronaut, as were the neighbors on either side of his house. His mother was an artist who helped Garriott devise complex science projects that made him something of a science fair celebrity. His father came home at night from NASA with technotoys that wouldn’t be introduced to the general market for 20 years—like the photo multiplier tube, a core segment of what is now referred to as night vision.
“So we would take this photo multiplier tube outside at night and follow the neighborhood cats,” Garriott said.
In Garriott’s world, going to space was normal. So when he was told at the age of 12 that his vision problems would keep him from being an astronaut, it was as if he was barred from the fraternity to which his father and all the family’s associates belonged. As it turned out, he was the first person to travel into space after having laser eye surgery and paved the way for other laser surgery patients to become astronauts.
When he was in high school Garriott was introduced to computers when his school bought a teletype computer that no one knew how to use. The school gave him permission to teach himself to use the computer in one hour a day, every school day, for four years. A fan of the book The Lord of the Rings and the game Dungeons and Dragons, Garriott created 28 video games on that computer.
By the time the Apple computer came out in the late 1970s, Garriott was already a veteran game designer. Right out of high school, he had a national distributor publish one of his games. By the time he got to the fourth version of his first game, Ultima 4, he was focused not only on the technology, but on the impact of it.
“As the author, you’re the hero. But most people do whatever they need to do to be powerful and defeat the bad guy waiting for them at the end, even if that’s steal, pillage, plunder. I thought, how can we hold a mirror up to them to inspire them to be more truly heroic. So I made it so the game watches your behavior. It sees whether you give money to the beggar or not. There was one character who was really easy to steal from and most people figured that out pretty easily and stole from her. But later you might need something from one of those characters. And you’d go up and ask for help and the character would say ‘I’d love to help the hero who is here to save us but you are a lying…stealing….”
Garriott remains a game designer—and an eccentric one at that. He wears a silver snake necklace he made when was 11 that is permanently attached to his neck. He has a lock of hair on the back of his head he’s been growing since the 1980s. He used to wear many rings until he married a year ago and his wife, a hedge fund manager, asked him to scale down to her wedding band for the time being. And he paints his toenails a different color every day. Saturday it was beige.
He collects automatons—toys or work of art that move. He has an Austin mansion that has sometimes been called a haunted house. And he’s a magician.
Last year, Garriott cofounded Portalarium, an Austin-based developer and publisher of games for social networks and mobile platforms. The company’s first game is Ultimate Collector Garage Sale.
But he has other passions now as well. One is the environment. He’d always seen himself as an environmentalist and excused his laxness with the usual excuses: it was too difficult to live truly green. It was too expensive.
Seeing the earth from space, however, he could detect the yellowish smoke over the Amazon and the places in Africa where clear cutting and burning was going on. Seeing the peacefulness of the Pacific and the turbulence of the Atlantic, the fissures from tectonic plate activity and the erosion as water poured into the sea, all gave him a sense of how small, actually, and fragile the earth is.
“Suddenly the earth was finite. It was something you could get your hands around.”
So he came home and revamped his lifestyle, adding photovoltaic panels to his home, reducing waste and trading in all his gas guzzling SUVs for more fuel efficient cars.
He’s also passionate about space.
He’s passionate about finding ways to fund his own future journeys, for one thing. On the recent trip he had created a software that warned astronauts when they were approaching spots where they were supposed to take photos. Previously astronauts had to watch out the window and try to visually line up the photo they’d gone up with with the scene below.
He also did work protein crystallization for ExtremoZyme, Inc., a biotechnology company he co-founded with his father. The proteins they used have important cellular functions and are associated with common human diseases. The weightless environment of space helps form superior crystals which researchers on earth to study to learn more about the molecular structure of these proteins for protein engineering and drug design.
But he’s also passionate about bringing other people the opportunity to share in the kinds of adventures he’s been able to experience.
“I’m an explorer,” he said, “but not an explorer like Sir Edmund Hillary who was the first man to climb Mt. Everest. His attitude was, ‘I’m going to climb this and I might make it or I might die but I have to try.’ I have no interest in dying.”
It used to be that one could only explore as Sir Edmund Hillary did or go on a Disney cruise. He wants to offer alternatives. Today, he said, if you want to go space, the bottom of the sea, or to the poles, his business is the place to seek out.
One of his most amazing adventures was visiting the interior of the Antarctic where the air and silence are so complete they seem to distort your understanding. Describing a place where the scouring wind had created what appeared to be a massive frozen wave he said: “How does our world have things like this and we never see them.”
He wants to see disappearing indigenous populations before they completely disappear. He wants to put a stick in lava.
“I have a passion for exploration,” he said, “I have a passion for understanding and I have a passion to create things for others to explore.”
Bazaarvoice plans to offer 9.5 million shares of stock in its initial public offering, raising $114 million.
The stock, priced at $12 a share and traded on the Nasdaq under the ticker symbol, BV, will begin trading Friday morning, according to a news release from Bazaarvoice.
The Austin-based company is offering 9 million shares and other stockholders are offering the remainder.
Initially, when Bazaarvoice filed its S-1 registration papers with the Securities and Exchange Commission to go public last summer, the company planned to raise $86.3 million with its stock priced at $10 per share.
Bazaarvoice provides online social marketing services and software to companies. It helps companies capture and display reviews on their websites and promote their brands online. Its customers include Cabela’s, Footlocker.com, Petco, Sephora USA, LG Electronics, Microsoft, Philips Consumer, Proctor & Gamble, Newell Rubbermaid, Orbitz and USAA, among others. The company reported revenue of $64.5 million in 2011 and a net loss of $20 million.
Bazaarvoice has raised $20 million in venture capital from Battery Ventures, First Round Capital and others, according to TechCrunch.
For more information, check out Lori Hawkins’ story in the Austin American Statesman. Reuters also filed a story late Thursday.
Austin Ventures announced that Andrew Busey, a well-known Austin entrepreneur, has joined its firm as a venture partner.
Busey formerly served as vice present and general manager at Zynga, makers of Farmville.
“In his new role, Andrew will help the venture team identify and attract very early-stage companies,” John Thornton, general partner of Austin Ventures, said in a news statesman.
Busey built Challenge Games into large social gaming company which Zynga acquired. He also co-founded Pluck, which DemandMedia acquired.
He is a graduate in computer science and marketing from Duke University and holds an MBA from The Wharton School at the University of Pennsylvania.
Lori Hawkins, technology reporter with the Austin American Statesman, has covered Busey for a long time and has written a good story on his latest move.
Every Tuesday, Arthur Chong drives 144 miles from the Houston suburb of Katy to Tech Ranch Austin.
He’s part of Venture Forth 12, an 8-week $495 class at Tech Ranch Austin that covers everything from creating a three-year financial forecast to putting together a pitch deck, a set of 10 slides to pitch a company to investors. Each Venture Forth program has 10 to 15 entrepreneurs. The weekly sessions require the entrepreneurs to do homework, upload documents to a class website and present them in class. They also get feedback from a network of mentors during a “meet the mentor” night.
“The Venture Forth class has certainly helped me plan my next step,” said Chong, founder of Alpha Cares, a web-based childcare management system. He’s currently deciding whether to seek venture financing or continue to bootstrap his company. He found out about Tech Ranch Austin while attending a Bootstrap Austin event.
Tech Ranch Austin is an incubator, accelerator and co-working space for early stage entrepreneurs, which offers special programs to help entrepreneurs.
“There is certainly nothing in the Houston area that speaks to seed level ventures,” Chong said.
The idea for Tech Ranch Austin first surfaced in 2003 when a close friend committed suicide, Koym said. Tech Ranch Austin honors their friend’s memory, he said.
So far, 300 entrepreneurs have gone through Venture Forth and hundreds more have attended Tech Ranch Austin’s “campfires,” which it holds twice a month on Friday afternoons. The informal sessions invite entrepreneurs to gather to discuss a wide range of topics.
TechRanch also rents office space to startup companies. Teamtopia, a Capital Factory 2011 winner, rents space there. Tech Ranch Austin’s staff also rents out office space for other events and offers consulting services.
“The thing that is making this place work is community,” Koym said.
Tech Ranch Austin held a “ranch warming” party Thursday night that attracted around 300 people to its headquarters at 9111 Jollyville Road. The crowd included many past Venture Forth participants.
Breanne Hull, with the Venture Forth 10 class, credits Tech Ranch Austin with helping the former schoolteacher learn business fundamentals. She launched Educlone, an online training site, last May.
“I didn’t know what a sales funnel was before Tech Ranch,” she said.
The collegial environmental and interaction with the other entrepreneurs also helped her refine her business ideas.
“It gave me a great forum where I could throw out a crazy idea and say what do you guys think,” she said. “They are really forward thinking people who are really supportive. Even now, I’ll e-mail someone from my cohort and ask their advice.”
Vivian Wied, president of Sagepoint Solutions, graduated from Venture Forth 11. Her company provides fundraising tools, signup sheets and scheduling tools to parents and volunteer groups. The tools are all free and supported through advertising. Wied launched her venture in September of 2009.
“Tech Ranch is a very supportive environment,” she said. Her classmates helped her refine and change her business plan.
Joe Gilson, founder of AnalyzIt.com, a fleet data analysis company, attended Venture Forth 9 and he credits the experience with focusing his business.
“It helped me to pivot from where I thought my product had traction to a point where my product had traction and customers.”
Other people in his class had transportation knowledge and experience and could help him with his venture.
“Now I have a viable business,” he said. “Tech Ranch helped take my venture from hey I’ve got this product to hey I’ve got this product people want to buy.”
The Greater Austin Chamber of Commerce has culled through its list of Austin startups and tapped into its Technology Partnership to come up with an A-List of startups for 2012.