DemoClub and iStart Ventures Team Up to Bring First Tuesday to Seattle.Business/High Tech Editors SEATTLE--(BUSINESS WIRE)--Aug. 8, 2000 The World's Leading High-Tech Networking Event Lands in The Digital Forest Seattle's high-tech community will now have a new forum to meet, greet, and make deals. The DemoClub (www.democlub.org) and iStart Ventures (www.istartventures.com), today announced that they have joined forces to bring First Tuesday First Tuesday is a networking forum for technology entrepreneurs, companies seeking venture capital, investors and related service providers. Founded in 1998, First Tuesday now has 38,000 members and the 10 branches across Europe host meetings on the first Tuesday every month. , the world's leading high-tech networking event, to the Seattle area. The inaugural First Tuesday event will be held on October 3, 2000 at a yet to be determined location. Interested participants should sign up for the First Tuesdays Seattle newsletter at http://121.innovyx.com/register.asp. The DemoClub is recognized as one of Seattle's premier matchmaking Matchmaking Matricide (See MURDER.) Kecal marriage broker whose plans are foiled by a pair of lovers. [Czech Opera: Smetana The Bartered Bride in Osborne Opera, 32] Levi, Dolly events, providing selected entrepreneurs with a venue to demonstrate their product to qualified investors. As Seattle's premier business accelerator accelerator: see particle accelerator. (1) A key combination such as Alt-G or Ctrl-Shift H that is used to activate a task. (2) An incubator that expects to develop the company considerably faster than normal. See incubator. , iStart Ventures provides early-stage start-ups with capital, resources, and operational expertise to rapidly accelerate their growth and development. The two organizations will collaborate to generate new and unique forums for start-ups, investors, and others in the high-tech community to network and exchange ideas. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a recent report, Seattle ranks as the second fastest growing market for private investing in the U.S. Privately held Washington companies attracted $1.2 billion in 1999 -- a 200% increase over the previous year -- second only to New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . "Few cities can match the entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. spirit of Seattle. With innovators innovators people who will try new things. early innovators important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems. like Microsoft, Amazon, and literally thousands of high-tech start-ups, Seattle has become synonymous with synonymous with adjective equivalent to, the same as, identical to, similar to, identified with, equal to, tantamount to, interchangeable with, one and the same as the e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. revolution," said Laura Meyer, US Director of Operations for First Tuesdays. "While there are already a number of networking events currently taking place in Seattle, few if any are designed to meet the specific needs of entrepreneurs and investors. The First Tuesdays brand is recognized worldwide as a leading facilitator of deals, and like DemoClub, does this in a highly entertaining fashion," said Mark Long, founder of the Demo Club. "iStart Ventures continues to seek new ways to engage the local entrepreneurial and investment community and understands that even in the digital age, face-to-face communications are still the way most deals get done," said John Ballantine, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of iStart Ventures. About First Tuesday First Tuesday (www.firsttuesday.com) is the global meeting place and market place, connecting people, ideas, money and services in the new economy. Founded in October 1998 it swiftly grew through the European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. grassroots network to 17 cities by September 1999. It has now grown to over 85 cities globally. Through First Tuesday more than US$130 million has been found for start-ups. First Tuesday operates jobs, discussion and office forums in 24 cities; hosts financial matchmaking throughout the world and continues to hold its monthly classic events, Wireless Wednesdays and other seminars and conferences. About iStart Ventures Founded in January 1999 by four Internet veterans, the mission of iStart Ventures is to create accelerated Internet opportunities for entrepreneurs, investors, and executives. Representing a model that extends beyond first-generation Internet incubators, iStart Ventures engages early-stage business concepts and leverages an extensive network of resources, services, professional contacts, and investment relationships to rapidly accelerate the growth of highly innovative Internet companies. iStart Ventures is currently accelerating five companies: PredictPoint, eBallot.net, Invenna Software, Enfolio, and Post Point Software. About DemoClub DemoClub was started by Mark Long, his business partner Johanna Alexander, and Byron McCann of Ascent Partners in March 1999 as a vehicle for entrepreneurs to demonstrate their business to qualified, early-stage investors. Since its inception, DemoClub has helped over 145 start-ups in Seattle raise more than $12 Million in seed financing. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion