Wednesday, December 08, 2010

Startup Resources for finding a job with a startup, or raising money for your startup

Hello Duke students,

I often get asked by students about potential job leads at startups.  What I've found works best is pointing students to some of the best aggregated lists of startups online, and suggesting that the students reach out to Duke alumni at those startups (or contact the companies directly if there are no Duke alumni).   As a Duke entrepreneur told me "I like it when a student finds us, and explains why they'd like to work with us". 

So for those of you in a similar situation, I'd suggest you look at some of the resources below, try to find the startups that are a really good fit for you both industry-wise and geographically (as Brad Feld of TechStars likes to say, first figure out where you'd like to live).

Since many of you are going to spend significant time on this during the upcoming winter break, I thought I'd pull together some resources and make them available to you.  This is not meant to be comprehensive, but hopefully will highlight a few things that will be helpful to you.

Finally, some of you may enjoy trying out JobKatch to organize your job search, created by a local entrepreneur.  Check it out: http://www.jobkatch.com/

Best of luck.

Howie

Local Startup Job Resources
1) Downtown Durham Startups - http://www.downtowndurhamstartups.com/ (put together by Taylor Mingos '07, CEO of Shoeboxed.com)
2) Council for Entrepreneurial Development - http://www.cednc.org/ (check out the presenters at their venture conference)
3) LaunchBox Digital - http://www.launchboxdigital.com/ - local IT incubator
4) JoyStick Labs - http://www.joysticklabs.com/ - local gaming incubator
5) Synecor - http://www.synecor.com/ - a combination of a local life science incubator / venture fund (though mostly they do their own in-house developed projects)
6) Local VC firm portfolios
Intersouth Partners - http://www.intersouth.com/
Southern Capital Ventures - http://www.southcap.com/
IDEA Fund Partners - http://www.ideafundpartners.com/
7) Research Triangle Foundation - http://www.rtp.org/main/index.php?pid=166&sec=1 - see the listing of companies in Research Triangle Park
8) Join the Entrepreneurship At Duke - Startup Matchmaker Google Group - http://groups.google.com/group/entrepreneurship-at-duke---startup-matchmaker/ - students post their startup needs here.
9) Southeast TechInventures - http://www.southeasttechinventures.com/index.php - spins companies out of universities
10) Listing of Duke Startups on DukeGEN (several local) - http://www.dukegen.com/dukestartups
11) First Flight Venture Center - http://www.ffvcnc.org/tenant_directory.cfm - local incubator

Non-Local Startup Job Resources
1) Join DukeGEN - with over 2500 members from Duke's entrepreneurial community
2) VentureLoop - http://www.ventureloop.com (see VC portfolio companies that are hiring)
3) DEMO - http://www.demo.com/ - check out the companies that pitched here
4) TechCrunch Disrupt - http://disrupt.techcrunch.com/2010-sf/ - check out the companies that pitched here
5) YCombinator Jobs - http://news.ycombinator.com/jobs - job listings at graduate companies of YCombinator
6) TechStars Jobs - http://www.techstars.org/jobs/ - job listings at graduate companies of TechStars
7) Search Capita IQ for recently funded companies - https://www.capitaliq.com/index.aspx - very good database on private fundings, access available at Fuqua's Library
8) Early Stage East - http://www.earlystageeast.org/ - check out the companies that pitched here
9) Florida Venture Fourm - http://www.floridaventureforum.org/subpage.asp?id=33 - check out the companies that pitched here
10) Southeast Venture Conference- http://www.seventure.org/ - check out the companies that pitched here
11) midVenturesLAUNCH - http://midventureslaunch.com/ - check out the companies that pitched here
12) Check out the Inc. 500 - http://www.inc.com/inc5000/2010/index.html - good way to identify growing companies in your area of interest / geography of interest

Resources for Raising Money
1) KickStarter - http://www.kickstarter.com/ - post a project to raise money directly from people
2) AngelList - http://angel.co/ - very active angel network
3) Angel Capital Association Directory - http://www.angelcapitalassociation.org/directory/ - listing of many angel groups, funds, networks
4) DukeGEN Investors - http://www.dukegen.com/duke-vcs - listing of Duke alumnus who are venture capitalists
5) AngelSoft - http://angelsoft.net/ - software that powers many angel groups - you can search for investors
7) goBIGnetwork - http://www.gobignetwork.com
10) Guy Kawasaki's thoughts on raising Angel Capital - http://blog.guykawasaki.com/2006/03/the_art_of_rais.html#axzz17XLFpHZB
11) NVCA Venture Capital Directory - http://www.nvca.org/index.php?option=com_mtree&Itemid=173

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke





--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke


Wednesday, October 20, 2010

Great 2nd DukeGEN Investor Pitch Event







We held a successful DukeGEN Investor Event last night, hosted at DogPatch Labs (thanks Peter Flint) and sponsored by SNR Denton (thanks Chip Korn, Law '96).
The room was packed, the audience was energetic, the pitches were great, and the panel did an excellent job.
About 100 Duke alumni came and filled up the room at DogPatch Labs.

Here's who pitched:


  • CoverHound (San Francisco, CA) - Basil Enan, Trinity '03 – basil@coverhound.com
    Americans spend over $180 billion a year on car insurance, but shopping for car insurance sucks - CoverHound is changing that. We give smart recommendations based on each shopper's unique needs and preferences, provide all the information needed to make an informed buying decision, and make getting quotes easy -- online or over the phone.

  • Foodably (Palo Alto, CA) - Brian Schwartz, Trinity '09 - brian@foodably.com
    Foodably finds the best local food based on your dietary needs. Foodably enables restaurants and grocery stores to engage with their patrons who have dietary needs.
  • FriendCal (Durham, NC and New York, NY) - Andrew Brown, Trinity '11 and Lauren Gundrum, Trinity '09 - andrew.brown@duke.edu
    FriendCal is a social calendaring application that simplifies group planning by allowing users to share and make plans on a common calendar. FriendCal will use these future plans to offer discounts to related venues and events.


  • Medical Learning Games (Durham, NC) - Peter Lamar, Fuqua '12 – peter.lamar@fuqua.duke.edu
    Learning games for Health Professionals


  • MoxMe! (Mansfield Center, CT) - Danny Briere, Trinity '83, Fuqua '85 – dbriere@moxme.com
    MoxMe! is a SuperGroup platform that powers an interconnected group experience across social media. MoxMe! overlays the existing social media group experience with higher level privacy, policies and programs, and enables a feature-rich group to exist simultaneously across a broad range of social sites, devices and web sites.


  • PhySmart (Springfield, VA) - Rachel Greenberg, Fuqua '99 - rcgreenberg71@yahoo.com
    PhySmart is an online marketplace connecting medical professionals with the vendors that have the products and services they need. By integrating the efficiency of a basic user profile with the capability to do anonymous searches, PhySmart helps medical professionals make smart choices and ensures vendors get qualified leads.


  • Republic of Fun (Durham, NC) - Mike Rasmussen, Fuqua '03- mike.rasmussen@repfun.com
    Republic of Fun is re-inventing games publishing in the digital download age. Using a patent pending "Fan-Sourcing" technology and methodology, Republic of Fun runs game IDEA contests among its fans for games on smart phones, XBLA, PSN and WiiWare. Winning ideas are then produced by Republic of Fun with ongoing involvement from the community, top contributors are rewarded with prizes, ranks, and acheivements. This creates a marketing and merchandising channel outside the vertically integrated platform owners, and gives Republic of Fun a measurable advantage in the games they release.


  • WingTips Interactive (New York, NY) - Kimberly Karpf Skelton, Trinity '03 - kimberly@wingtip.it
    WingTips is a product sharing and storing platform that enables consumers to assemble products in a digital closet from their favorite retailers online and get instant feedback from their friends. Simply put, WingTips is Wingmen and Wingwomen sending tips.



    And here's who was on the panel:


    Chris Fralic, First Round Capital (thanks to Josh Felser T'86, B '90 for the introduction)
  • Chris Fralic is a Partner at First Round Capital, an early stage venture capital firm with offices in Philadelphia, San Francisco, and New York. Chris has 25 years of technology industry experience, with significant Internet business development roles since 1996. Prior to joining First Round in early 2006, Chris was VP of Business Development at social bookmarking and tagging company del.icio.us through the Yahoo! acquisition. Chris was also one of the early employees and VP of Business Development at Half.com starting in 1999, and after the eBay acquisition spent six years with eBay in a variety of entertainment, business development and media roles. Chris earned his BS in Finance from Villanova University and his MBA from St. Joseph's University in Philadelphia.


  • Rob Go '01, NextView Ventures
    Rob is a co-founder of NextView Ventures, a micro-VC firm focused on Internet-enabled innovation. He was previously a venture capitalist at Spark Capital and was the product lead for search and discovery for EBay. Blog: www.robgo.org. Twitter: @robgo


  • Mark Peter Davis '01, DFJ Gotham
    Mark is a NY based venture capitalist at DFJ Gotham Ventures. In addition to being a VC, he is the author of a blog (markpeterdavis.com) that addresses industry topics and offers guidance to entrepreneurs on how to raise venture capital. He is also an active community organizer and founded the NY Venture Community and the Columbia Venture Community.


  • Kal Vepuri '03, The Trisiras Group
    Kal is the founder of The Trisiras Group, a holding company he formed in 2009 to manage his investing activities and operating companies. A software engineer turned entrepreneur, Kal bootstrapped a few technology and telecom businesses during and after his time at Duke, where he received a B.S.E. in Electrical Engineering, Computer Science and Economics. He spends much of his time working with founders and management teams of high-growth companies.


  • Peter Flint, Polaris Ventures and Dogpatch Labs
    Peter joined Polaris Venture Partners in 2003 and invests in early stage companies focused on consumer internet and mobile applications and infrastructure. He currently sits on the Boards of stickybits, JIBE and BlackArrow. In December 2009 Peter opened Dogpatch Labs NY which currently has 14 companies and 37 entrepreneurs in residence. Prior to joining Polaris Peter had a very successful operating career with MTV Networks, New England Sports Network and QVC. Peter was also a Managing Director with Ramsey Beirne Assocaites, one of the most highly regarded executive search firms in technology.





    And here's who attended: http://events.linkedin.com/DukeGEN-Angel-Pitch-Event-NYC/pub/390023


    After the pitches, the judges convened, and the audience had a Q&A with the teams.
    Then, the audience voted:

    The Audience Choice prize went to: Republic of Fun!


    Then, the judges came back, gave feedback to each team (in front of the audience), and then announced their results.
    Judges 2nd Runner Up:
    FriendCal



    Judges 1st Runner Up:

    Republic of Fun



    Winner:

    CoverHound



    Congrats to Basil Enan, Trinity '03!

    Basil will get a call with Vicki Levine BSE '00 of Lightbank, a 100mm fund.


    Thanks again to DogPatch Labs and to SNR Denton.
    And thanks to Tom Powell '09 (lead organizer) for making it all happen. And to Jozef Krakora '10, Shalav Gupta '10, and others who helped volunteer and make things happen.



    Posted by Howie Rhee '04, Co-chair of DukeGEN

Friday, August 13, 2010

Brief documentation of my current workflow

Some folks have asked me about my workflow, so here are some brief notes.

1) I use GMail for all email. I believe in just having one email inbox for all my email.
2) Use "Multiple Inboxes" (part of Labs) within GMail. Huge help to have starred items appear at the top (search query: has:red-bang OR has:blue-star OR has:yellow-star). I also have drafts appear in the middle (and the regular Inbox on the bottom).
3) Post to blogs using email address shortcuts (so I don't have to go to the website to post) - have about 4 blogs I post to
4) Have a yellow legal (long) notepad on a clipboard - write down the key items to do (usually a new sheet every day or so). The only things that go on here are things I need to do today (or at least in the next day or so).
5) One voicemail inbox, using Google Voice. My cell phone and office phone forward to this voicemail. I receive those voicemails as transcribed emails in GMail.
6) In GMail, I focus on accomplishing my starred items. I let unstarred items fall to the bottom of the inbox. I star things with a Blue-star (another Google Labs feature) if they are "Waiting For" (a la GTD).
7) I am not a fan of zero inbox (or "inbox zero"), I think the time and effort to zero out your inbox is too much. It strikes me as busy work to just archive/delete unimportant items. Occasionally I'll do a mass purge where I verify that none of those items are "star" worthy, and then I select "Unstarred" items and then "Archive", en masse.
8) I have "ticklers" at the 1st of each month (a la GTD) in my Google Calendar (again, just use one calendar), which renew annually. Usually they are notes about how best to approach that month based on previous years.
9) After events I do an "After Action Review" in Google Docs, so that I can review it the next time I do that event
10) I have "Preflight Checklists" before events, to make sure I get things done. I am considering printing a couple of my regular ones and laminating (a la LifeHacker's recent article on "Procedure Checklists").
11) I do Feedback surveys after most events, using the same 7 point scale.
12) Have two Fan pages on Facebook, one for "Entrepreneurship At Duke" (mostly on-campus, target: students), one for "Duke Global Entrepreneurship Network" (mostly off-campus, target: alumni). These posts automatically post to their twitter accounts.
13) I have GMail autoforward some of my email receipts to my assistant for filing (recurring receipts from Facebook Ads)
14) I put brainstorms for various events into a Google Doc, just for that event
15) I use Google Sites for all websites (DukeGEN, EshipAtDuke, P4E, DukeDEES). Google Sites is very easy.
16) Use Google Forms extensively (instead of SurveyMonkey) to get RSVPs and for Feedback, and other things
17) Use Canned Responses in GMail for answering recurring email queries.
18) Take my laptop with me most places to take notes (faster than handwriting, and you can look the person in the eye). I take notes at most meetings I am at, and email them out afterwards. Usually I put the Action Items at the top of the email.
19) When I delegate a task, I like to create a Job Description for the task (if it's recurring) and come up with a Checklist (on Google Docs) that we can both be held accountable to.
20) When I have a job to hire for, I use a Google Form with fairly specific questions. I make notes on questions for them to ask by email. I then score the applicants and contact the ones with the highest scores and ask them the questions by email (before an interview). I only interview if I believe there is a good shot this person could be a fit, and I've asked all the questions I can ask by email (within reason).
21) I used to use OneNote for all of my meeting notes, but my installation was corrupted and attempts to fix it have failed. Since then, I've been storing my meeting notes in GMail with the subject "Notes from..." and that has been fairly successful. I'm hoping that OneNote 2010 will let me easily put things on the cloud. I may try Evernote some time.
22) I use Jott from my phone to send myself notes/ideas/reminders while I am driving. I have a shortcut on my Android phone.
23) I use the "Email to Self" app on my Android phone (Android Market: search "Email To Self") to send myself quick notes. This is a huge timesaver. A single click and there is an email composition window with my own email address pre-populated. I probably use this 5-20 times a day.
24) Like most people, I have Google Alerts set for various things like "Duke Entrepreneurship" and "Fuqua School of Business"
25) I have a 12-month At-a-Glance Yearly Planner up on my wall for looking at key dates (holidays, vacations, important academic calendar dates, events I'm hosting). I find this is helpful and complements my Google Calender.
26) I have two large whiteboards, one is for the Duke Start-Up Challenge (org structure, to-dos) and the other is for the EVCC (student club) and my event brainstorming. I'm a big fan of using whiteboards to discuss things, brainstorm, and capture decisions so we remember them from meeting to meeting.
27) I have my annual goals printed and on taped on the top of my laptop.
28) I have post-it notes on my computer monitor of recurring checklists I need. Like "marketing channels" for when I send out a marketing message (with 12 different channels listed). Or "email marketing partners" (with 21 different partners). Or "Advisory board" (with 23 names of people to contact when we send an update).
29) I tack up handwritten thank-you notes from students on a board behind my desk, as a reminder for key relationships I've developed at work, and the main gratitude for doing my job.



--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke


Thursday, August 12, 2010

The Business Model Canvas

Just got pointed to this guy and this slideshow.

There may be something interesting here for P4E.


Click here: http://www.businessmodelgeneration.com/ - Check out the "book" in the middle. 



Howie

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke





--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke




Monday, August 02, 2010

At orientation

Section 4 has t-shirts that say "If you bang, we bang"
I guess some things don't change.

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke


Monday, July 12, 2010

Gmail productivity experiments

I'm experimenting with "Multiple Inboxes" in GMail Labs by Vivi.
In particular, combining it with "Superstars".

Basically it lets me "pin" my important emails to the top, with the inbox at the bottom. (I pin "has:red-bang" to the top)

One nice feature I like is the "Drafts" being in the middle.  A nice innovation.  Otherwise, I almost never look in my Drafts folder, but here I can see Drafts becoming useful.

My gut tells me that having this will let me focus on key items even more easily.

In general, I'm moving far away from the "zero inbox" mentality espoused by GTD and others.
I found that zero inbox involved too much filing of unimportant items.

Rather, I am now going through the inbox and highlighting my "must respond to" with the red-bang superstar.

And the unimportant items filter down to the bottom of the inbox.
After a while (weeks), I do a mass purge of unimportant items to an archive label called "old inbox minus important emails".

Been using this system (minus the new Multiple inboxes) for several months with good results.

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Friday, July 09, 2010

Article in the Chronicle - "Entrepreneurship: The spirit is alive at Duke and Fuqua"

http://dukechronicle.com/article/entrepreneurship-spirit-alive-duke-and-fuqua


--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Tuesday, June 29, 2010

Andrew Grove

His 'planning' chapter on High Output Management reminds me of Reassess Your Chess.

sent briefly from my phone

Friday, June 11, 2010

Honorable mention at Global Entrepreneurship Week GEW - for Campus Award

GEW at the Kauffman Foundation presented awards.  They mentioned Duke as an Honorable Mention for the Campus Award.  Nice.

Howie



--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Thursday, May 20, 2010

Relevance attracts Elephants!

Just coined a phrase "Relevance attracts Elephants"
or "Relevance brings Elephants"

From our Advisory Board discussion for Center Directors

Bringing the really big people to campus requires (and our boards) that we have relevance in the world.

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Tuesday, April 27, 2010

Tech Startups vs Rock Bands

From my friend Reid.


--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Monday, April 26, 2010

Great Duke Start-Up Challenge event

This is a bit delayed, but we had an awesome Grand Finale for the Duke Start-Up Challenge.
Worth checking out.


Howie

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Larry boyds class

brief message from my phone

Pre-Fuqua conference calls kicking off for the Program for Entrepreneurs (P4E) - incoming class of 2012

Thanks to Ziad, Olgun, and Kevin for their help putting it together.
(And Joe Knight, Mark Smallwood, and Evan McCormick for guiding/encouraging them).

Howie

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Friday, April 23, 2010

Investor Panel for p4e , Mitch Mumma , Jeff Barnes , Troy McConnell, Jeff Clark



--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 Google Voice / Mobile
919-660-1929 Office

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Biogenic presents to P4E

brief message from my phone

Investor panel for P4E

brief message from my phone

Charge presents to p4e investor panel

brief message from my phone

Friday, April 02, 2010

Program for Entrepreneurs: Embracing the Entrepreneurial Spirit at Duke

Nice article written by Evan McCormick

-Howie

Program for Entrepreneurs: Embracing the Entrepreneurial Spirit at Duke

Entrepreneurship has been the lifeblood of American innovation.  As the country recovers from the financial crisis and stubbornly high unemployment, the need for innovation has never been greater.  Fortunately, Duke has recently accelerated its efforts in entrepreneurship, spearheaded by the Program for Entrepreneurs ("P4E").  Established two years ago, the program enables students to earn class credit while attempting to launch a start-up company.  Furthermore, P4E provides valuable resources to students such as business and faculty advisors to help guide the projects and provide real-world insight.  Led by Jon Fjeld (Fuqua '90) and Howie Rhee (Fuqua '04), the Program for Entrepreneurs boasts 13 start-up projects and 64 students from across all academic programs.   

Inspired by MIT's Media Lab and the concept of creating successful businesses from a combination of cutting-edge academic research and a pool of creative students, P4E was established to take advantage of the abundance of both factors at Duke.  Joe Knight, a first year at Fuqua and active member in the Duke Entrepreneurial community, has high praise for his experience at Duke, "This is an incredible place for young entrepreneurs to learn the skills, and gain the expertise, to help make the innovation of tomorrow a reality."

The Program for Entrepreneurs is also deeply involved in other entrepreneurial endeavors on campus such as the Duke Start-Up Challenge and the Duke Entrepreneurial Education Series (DEES).  The combination of these programs provides an outlet for all Duke students to test the entrepreneurial waters.  "We want entrepreneurship to live along side scholarship," notes Professor Fjeld.

One example of how P4E encompasses the broad Duke community is Biogenic Medical Devices, a venture in the Program for Entrepreneurs that is seeking to transform the medical device industry by coating cardiovascular devices with patients' own cells to reduce the risk of implant failure.  The concept was originated by Dr. Hardean Achneck, a general surgeon at Duke.  Recalling his eureka moment, Dr. Achneck comments, "I have always been pondering ways to improve the biocompatibility of cardiovascular implants.  It suddenly hit me: since our native blood cells are designed by nature to be anti-thrombotic and anti-inflammatory—then why not seed the metal surfaces of vascular implants with our own endothelial cells?"  After favorable results in the lab, Dr. Achneck wrote and won the one million dollar "Obama Challenge Grant" from the NIH – a grant designed to provide stimulus money to the economy and awarded to 200 out of over 22,000 competitors.  Dr. Achneck reached out to P4E to assemble a team of students to write a business plan and identify which market to target initially.

First year business students Garrett Muramoto, Bao Li, and Evan McCormick jumped at the opportunity to work on this exciting technology.  Mr. Muramoto recalls his initial impression, "As a cellular therapy research scientist prior to coming to business school, I was immediately intrigued by the idea. This project would allow me to combine my expertise as a biologist with the business skills I'll be gaining at Fuqua."

After in-depth research, frequently leveraging the expertise of the Duke Medical community, the team has decided to focus on stents for the treatment of peripheral vascular disease.  "Unfortunately, current stent technology remains inadequate, however, we've seen that cell seeding technology can reduce blood clot initiation by up to 10,000-fold in vitro, so we believe that the technology will significantly improve the efficacy of stents," states team leader Mr. Muramoto.  The team believes they have identified an $850 million opportunity and recently won the Elevator Pitch segment of the Duke Start-Up Challenge.

Another project leveraging the wider Duke community is 25th Hour Media, which is seeking to provide personalized podcasts derived from newspaper articles, blogs, and websites.  Led by first year Fuqua students Nick Sehn and Simon Li, the team recently reached out to the Chronicle to launch a beta version of their product offering.  Thanks to the efforts of Online Editor Alex Klein and Lead Developer Dean Chen, along with the support of the columnists, readers can now listen to audiocasts of the top news stories, Opinion columns, and Editorials.  25th Hour Media will analyze the adoption by Chronicle readers to refine their go-to-market strategy.  

As Mr. Sehn articulates, "P4E provides a framework for thinking about the complex and unbounded problem of launching a new business.  It's an environment that allows us to take risks without the fear of failure and learn from both our successes and mistakes."  These comments echo one of the ultimate benefits of engaging on entrepreneurial activities while in an academic setting—it provides an opportunity to "learn in a risk-free environment," says Professor Fjeld.

Given the unique blend of business, law, engineering, medicine, and undergraduates, Duke provides an ideal ecosystem for innovation.  Furthermore, the Research Triangle is blessed with a budding entrepreneurial spirit.  "The Program for Entrepreneurs has given our team access to invaluable academic and industrial expertise that would not have been available to us otherwise.  We also have great mentors who have helped up develop this venture.  Being in an environment surrounded by other entrepreneurs really inspires your passion and creative energy," notes Garrett Muramoto.

Jon Fjeld and Howie Rhee are very excited about the future of entrepreneurship at Duke.  "We want Duke to be viewed as a hub of entrepreneurship," notes Professor Fjeld.  It will take time, but the University is committed to ultimately rivaling Stanford and MIT in terms of academically-inspired innovation.  Any member of the Duke community is encouraged to participate in P4E, gaining invaluable experience and earning class credit along the way.  If you are interested in joining a team or submitting your business idea, contact Howie Rhee at hwr2@duke.edu or visit the website at www.entrepreneurshipatduke.com

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 mobile

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Tuesday, March 02, 2010

Blue Devil Weekend 2010 - Entrepreneurship Schedule at Fuqua


Entrepreneurship Schedule for Blue Devil Weekend 2010
The Duke MBA
Fuqua School of Business

Note: For the official Blue Devil Weekend Agenda for 2010, click here.

Looking forward to meeting everyone.
-Howie

Friday, March 26, 2010

Office Hours
  • 3:00 - 5:00pm - Office Hours - a chance to informally meet us and some students. Location: Kirby Reading Room. We'll have office hours jointly with the many Centers at Fuqua. Stop by and say hello.
The Duke MBA Activities Fair - Tables for the EVCC and Duke Start-Up Challenge
  • 7:30 ish - The Duke MBA Activities Fair - Location: Kirby Winter Gardens - We'll have two tables - one for the EVCC (our excellent student club) and one for the successful Duke Start-Up Challenge- a chance to meet students

Saturday, March 27, 2010

Academic Preview - Brief overview of entrepreneurship curriculum with Ronnie Chatterji
Howie will do 15 minute Entrepreneurship Activities at Duke overview at beginning.

  • 10:05 am - 11:05 am - Entrepreneurship Preview 1
  • 11:10am - 12:10am - Entrepreneurship Preview 2


Career Panels - Two sessions, same career panel each time
They will be preceded by a general CMC overview in Geneen from 1:15pm - 1:45pm.
  • 1:50 - 2:45pm - Entrepreneurship Career Panel 1 (a mix of students and alums)
  • 2:50 - 3:45pm - Entrepreneurship Career Panel 2 (a mix of students and alums)


Overview of the Program for Entrepreneurs (By Invitation Only)
5:00pm-6pm, Lilly Classroom
Invitation only session to learn about the Program for Entrepreneurs, the capstone of Fuqua's entrepreneurship education opportunities.
Students in the Program for Entrepreneurs have the opportunity to receive course credit over five terms for work on a startup opportunity.
For more info go to www.dukeven.com and click "Program for Entrepreneurs".
Invitations are granted to admitted students through an application. Apply here if you are interested.

--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 mobile

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

Wednesday, February 24, 2010

Strategies for raising money panel

Duke entrepreneurship education series

Jed Carlson
Doug Eisner
Jesse Lipson
Matt Kane

brief message from my phone

Duke Startup Challenge - packed house

Semi-finalists

brief message from my phone

Duke Startup Challenge - packed house

brief message from my phone

Tuesday, February 16, 2010

Wednesday, February 10, 2010

David Samuel speaks at Program for Entrepreneurs duke

Fwd: Futurity Today: February 10, 2010

I like how Duke's contribution to Futurity has to do with basketball.

Howie

---------- Forwarded message ----------
From: editor@futurity.org <editor@futurity.org>
Date: Wed, Feb 10, 2010 at 12:12 PM
Subject: Futurity Today: February 10, 2010
To: howrhee@gmail.com


Wednesday, February 10, 2010

If you cannot see this email correctly click Here

www.futurity.org

U.K. public leery of military action with U.S.

flags

Seven in 10 respondents to a recent survey in the U.K. were opposed to military action as partners of the United States. However, a similar number felt such action would be acceptable if it were part of a United Nations operation, and just over two-thirds agreed with joining engagements led by NATO. (Courtesy: University of Leeds)

U. LEEDS (UK)—The majority of the British public prefer military coalitions and are opposed to taking military action either alone or alongside the USA and its partners, according to a major [...]

Read More

Hoop fans hang on to happy memories

brainuncduke2

Struggling to find a way to measure a person's brain while subjecting them to powerful emotions, Duke University scientists hit on the idea of using basketball fans who live and die with each three-pointer. Using game film gives researchers a way to see the brain deal with powerful, rapid-fire positive and negative emotions, without creating any ethical concerns. (Courtesy: Duke)

DUKE (US)—In a novel study that used historical tape of a thrilling overtime basketball game between Duke and the University of North Carolina at Chapel Hill, brain [...]

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Waves of electrons on the verge

Roushan-Yazdani_lg_2

On the brink of the metal-insulator transition, the electrons in a manganese-doped gallium arsenide semiconductor are distributed across the surface of the material in complex, fractal-like patterns. In this image, the fractal-like probability map of electrons is superimposed on the atomic crystal structure of the material, imaged at the same time. (Credit: Roushan/Yazdani Research Group)

PRINCETON (US)—For the first time, scientists have observed electrons in a semiconductor on the brink of transitioning from a metal to an insulator—a phenomenon shrouded in mystery despite decades of examination. Caught in [...]

Read More

Fighting viruses with physics

VirusTempImage2

Pictured above is a 3-D reconstruction of bacteriophage lambda with (left) and without (right) DNA. Many viruses, whether they infect bacteria, plants or animals, are adept at packing long stretches of nucleic acid (DNA or RNA) within their nanometer-sized protein shells. Researchers are studying the thermal energy released when DNA is being shot out of the virus. (Courtesy: Carnegie Mellon University)

CARNEGIE MELLON (US)—The energy associated with the expulsion of viral DNA has been measured for the first time in what is believed to be a pivotal [...]

Read More

Caterpillars 'lost' in space without gravity

monarchs2

Without ordinary gravity, the caterpillars chose unpredictable surfaces for pupation and then curled into tight "C" shapes with the head of the caterpillar brought close to the abdomen, rather than assuming the normal "J" shape. The microgravity environment appeared to influence the insects increasingly as their development progressed. (Credit: Jim Lovett/Monarch Watch)

U. KANSAS (US)—A recent trip into low-Earth orbit has shown just how much monarch butterflies depend on gravity. A trio of caterpillars from the University of Kansas spent more than 25 days at the [...]

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--
Howie Rhee, MBA
Managing Director, Center for Entrepreneurship and Innovation
Fuqua School of Business, Duke University
Office A236
919-617-1123 mobile

Learn more about Entrepreneurship at Duke - www.EntrepreneurshipAtDuke.com
and read our Duke Entrepreneurship Manual - www.dukeven.com.
Twitter: @EshipAtDuke

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