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Startup Ecosystems – PR vs. Product

Building a tech community requires intentional and sometimes uncomfortable efforts. There can be a lot of hand-waving and noise generated while trying to garner attention, but two rather important criteria that often get swept aside are authenticity and humility. Hollow marketing efforts to create the illusion of success only encourage more noise that drowns out the actual progress of those putting in the work to build and ship meaningful products. Even worse are those efforts to deceive the public and the press by creating hallucinations in an effort to attract or placate investors.

This post by Alexis Muellner in the Tampa Bay Business Journal came as a bit of a surprise, but it was the culmination of many discussions and coffees over the past 15-ish years, where we discussed my personal observations of the rollercoaster ride that is the Tampa Bay tech ecosystem. I often mentioned the Savtira debacle in these conversations by asking (of the press) are we making an effort to highlight the actual technology innovators and business builders in our community or are we just waiting to hype up the next Savtira-type fraud?

And please stop referencing the Forbes Council “poll” proclaiming Tampa Bay’s position as the number one emerging tech hub. It is another sad example of wishing vs. working. The number of politicians and news outlets that gave this pay-to-play social media post credibility without fact-checking the source is yet another example of how we rush to be cheerleaders for the noise and drown out the signal.

Be authentic, be humble, and let’s put in the work required to support real progress without tripping over each other in an effort to take credit for the wins achieved by others.

https://www.bizjournals.com/tampabay/news/2024/08/23/press-releases-over-products.html

(full access may require a subscription)

A previous editorial in the Tampa Bay Times focuses on the same theme. Thanks to Bob Trigaux for focusing on this topic back in 2015.

Finding the SpaceTech in Tampa Bay

I’ve participated in a number of NASA related events over the years: 2015 – NASASocial launch of SpaceX CRS-7 2022 – Hillsborough Community College NASA Patenthon 2023 – NASA Space Apps Challenge hosted by Tampa Hackerspace But being interviewed for this TBBJ article caught me by surprise. There is a lot to be proud of within our tech ecosystem, but the space industry is often overlooked. Miles Space is just one example of local accomplishments that have garnered national attention, but there are others. If we look beyond the glitz of vehicles and launch facilities, there are so many areas of opportunity for innovation. Cargo, crew health, communications, habitats, agtech, medtech, the list goes on and on. If we focus on the products and not the PR, we can build, ship, and even launch great products as we grow Tampa Bay’s space industry. (link may require subscription to TBBJ)[/et_pb_blurb]
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Revenue First Startup Strategy

I joined host Fred Schonenberg on the Venture Fuel Podcast to compare notes on tech accelerators, investing, and the difficulties in supporting climatetech startups.

In this episode, we delved into the world of early-stage startup strategy. We explored the crucial importance of finding early adopters and achieving product-market fit, highlighting the need to shift focus from solely raising capital. Join us as we unveil key insights and valuable strategies to propel your startup’s success.

AI Innovation Showcase

TBIC AI Showcase:

The event was held on February 21st, 2024 at the newly opened ARK Innovation Center in downtown St. Pete, Florida.

The event featured a welcome from Tonya Elmore, CEO of the Tampa Bay Innovation Center.

Our event sponsor, Steve Tingiris from Dabble Labs, provided a retrospective of the TampaBay tech ecosystem and highlighted some of the critical milestones of our collective journey.

TBIC Accelerator alumni Rosa Shores, Co-founder and CEO of Blockspaces, gave the crowd an update on their progress and an overview of their new product for managing cryptocurancey-based fiancial products.

Cathie Wood, CEO and CIO of ARK Invest and title sponsor of the Innovation Center’s new facility in downtown St. Pete provided the keynote address, which features a glimpse into ARK Big Ideas 2024 research. Cathie called out the progress made in artificial intelligence, noting the decreasing costs of training large language models and the uptick in practical uses of AI across many industries.

The main event for the day featured the following startups who participated in a 12-week workshop focused on market validation and product-market fit.

  • Aapya Solutions – Computer vision and machine learning system for retail inventory awareness and analytics
  • Archslate – Project and cost management system for the architectural and engineering industry
  • Blue Fusion – Simplifying data collection and analysis to support AI model training
  • Dataplant – Driving personalized revenue retention at scale for customer success teams
  • Metacommerz – Optimizing the supply chain with data analytics
  • NoxuData – Conversational data analytics for CPG brands
  • Subconscious.ai – Predicting buyer behavior with automated market research
  • Traq.ai – AI-assisted analysis and optimization of sales team performance 

If you missed the event, you can watch the video on TBIC’s YouTube channel:

https://youtu.be/EZa71IKQxfQ?si=v_pLr4lU4Fn9nmJw

Our next accelerator will focus on #climatetech and #sustainability – if you are building a startup in this space and interested in participating in our program, apply at: https://bit.ly/ClimateTech24

#tampabay #startup #accelerators #ai

The Future of NFTs

Forget about the current craze around collecting; how might NFTs impact your business?

I hosted a panel discussion with ARK Invest & Signum Growth Capital to discuss emerging trends, misconceptions, and predictions. These analysts shared what they are seeing in both the financial and tech industries and even shared what NFT collections they follow on their own.