Meet A Minnesota [Startup] CTO: Brent Kastner

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Screen Shot 2016-07-26 at 10.36.31 AMThank you Andcor Companies for underwriting our Meet a Minnesota CTO series, where we get up close and personal with Minnesota’s chief techies.

Brent Kastner is a startup CTO currently with URTURN & Tarmac.

How long have you been working in technology for and what is your technical background?

I’ve been serious about technology since middle school where I ran a BBS with some friends. I worked hard to earn enough money in my early highschool years to buy a 486 that could run DOOM.

Those early years helped me understand the hardware side and I eventually got my professional start working with hardware (servers and networks) in 1996. I transitioned into software development in 2000 as I was working at BestBuy on their first ecommerce website.

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Sr. Software Development Engineer at Amazon Minneapolis, MN

Local Startup Precise Impression Launches Mobile Analytics SaaS

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Precise ImpressionBy Adrienne Clairmont

Marketers know the frustration of looking at an analytics report and not knowing what caused the click through rate for a specific product, or why a site visitor bounced from the page.

And having to settle with not knowing was just part of the gig — until now.

Precise Impression is a Minnesota mobile analytics startup combining pre-­click and post-click data into a proprietary platform that manipulates the browser realtime in response to key data points.

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Paulsen Bill Proposes Tax Advantages For Startups

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Via Ripon Advance

Screen Shot 2016-07-25 at 10.12.10 AM“Legislation recently introduced by U.S. Rep. Erik Paulsen (R-MN) aims to promote employee ownership and encourage innovation at startup companies. The Empowering Employees Through Stock Ownership Act, H.R. 5719, would enable startups to defer taxes on stock options in employee compensation packages to make it easier for employees to exercise those options.”

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Call Limo Wants To Be Tiffany’s Of The Ride-Hailing Scene

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By Covey Son, Star Tribune

Screen Shot 2016-07-23 at 4.09.13 PM“When Jeff Lundquist took his first Uber ride, he was wary as the Honda pulled up. It was unkempt and smelly. He spied a baby seat in the back. He had no idea whose car he was entering or how good the driver was.

But the convenience of calling a ride with just a few taps on the phone on the popular ride-hailing app appealed to him. That gave Lundquist an idea: Why not take the convenience of Uber to the luxurious and professional world of limousines?”

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Quarterly Funding Review: 28 Minnesota Tech Ventures Captured $122m in Q2 2016

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RedPath ContentAt least 28 different Minnesota tech ventures received $122m of investment capital during the second quarter of the year according to information collected and analyzed from April 1, 2016 – June 30, 2016.

This research represents the most comprehensive ongoing tally of Minnesota’s tech sector funding quarter to quarter, year after year, spanning six consecutive years.

It’s compiled from multiple sources as proxy of market activity: crowdfunding, incubators/accelerators, angel investments, venture capital, corporate arm and private equity. Consider it a worse case scenario as there are always undisclosed transactions not fully factored, so the actual figures are higher, although unknown.

We give thanks to Redpath & Company CPA’s for underwriting this report that provides transparency into the marketplace.

So, what happened in Q2 2016?

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Beta Byte: Rethread

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Screen Shot 2016-07-21 at 9.22.56 AMBeta Byte is a series underwritten by Bust Out Solutions for that early stage tech found somewhere between idea and traction

 

What is the name of the company and/or product?

Our company is named Rethread

What problem does this solve and what was the “aha” moment?

Our goal is to reduce annual textile waste and help customers conserve resources while keeping up-to- date with fashion trends. Rather than making clothes from scratch, our designers transform and return the customer’s original clothing using the principles of upcycling. The Rethread model enables us to have lower raw material costs compared to other fashion brands. We then pass on these savings to customers.

Rethread’s platform simplifies the shopping experience by limiting the amount of time spent parsing through choices. We accomplish this by personally curating, and creating designs based on the customer’s preferences as well as the latest fashion trends.

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