Fueled Collective Cohorts Set Founders Up for Success

by Valerie Lockhart

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Fueled Collective CohortRunning a startup is stressful. Even if you have a great team, being responsible for so many moving parts, not knowing exactly what to focus your energy into at this very moment, constantly networking and not knowing if the connections you’re making are going to lead to something productive — it can be exhausting. We recently talked with two members of the latest Fueled Collective cohort, and they explained how the experience has eased their minds and given them more confidence in their business.
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The Tech.MN Podcast: Podcast Jingles and Believing in Yourself With Josh Fedie of SalesReach

by Jac Stark

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Tech.MN Podcast Poster for episode with Josh Fedie

10 | Podcast Jingles and Believing in Yourself With Josh Fedie

Find this podcast on Apple, Google, and Spotify.

On Episode 10 Kevin McArdle, owner of SureSwift Capital and Jac Stark, community manager of Tech.MN, welcome Josh Fedie, founder of SalesReach, on The Tech.MN Podcast to reminisce about Girbaud jeans and learn what a follow-on round is. Bonus: Josh wrote a jingle for the Tech.MN Podcast and debuts it on air with the help of Kevin and Jac.

Josh shares his journey of building a product from the baby steps of getting validation, to putting together a team, and raising money. We talk about the stress of being a founder and Josh’s experience growing up in an entrepreneurial household. He shares (almost) all his secrets to selling with us and gets candid about the key to success in selling.

We explore Josh’s strategy for for content and his podcast, The Founder’s Mentality, and dive into the themes that have begun to arise from it including failure, the growth mindset, and dealing in stressful environments.

Josh shares what he likes about the Minnesota tech and startup ecosystem, as well as what sucks. Get ready to take some notes!

Hype Time
Every episode we ask our guest to name drop someone doing cool things in the tech community. Josh gives a shout out to Clarence Bethea, founder of Upsie.

Sponsor:
Thank you to Redpath and Company CPAs. Redpath and Company is geared to best serve established or growing privately-held tech companies and their stakeholders. Visit Redpath’s website and find out how you can get your business to the next level.

Socials
Tech.MN on Twitter
Kevin McArdle on Twitter
Jac Stark on Twitter
Josh Fedie on LinkedIn

Links:
SalesReach – Josh’s company focusing on true sales enablement.
Studio Americana – We give a shoutout to Studio Americana, where we record all of the Tech.MN podcasts.
The Founder’s Mentality – Josh’s podcast featuring interviews with startup founders. We chat about themes and call out a recent episode with Shalya Christine.
Invision – Josh mentions Invision, a prototyping tool. Find it here.

Last Call: Minnedemo (Back to Campus) Applications Due Tuesday, November 5

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Announcement for Minnedemo: Back to Campus

Minnestar recently announced the return of Minnedemo: Back to Campus, a showcase of Minnesota student tech products, taking place on November 26, at the Target Plaza Commons. Applications for student presenters are due Tuesday, November 5 and can be found here.

Learn more about Minnestar’s show and tell demo event for students here.

Minnesota-based Starting 11 Scores $5M Investment

by Valerie Lockhart

Starting Eleven IndiaGlobal is the name of the game for local startup, Starting 11. Since they were founded in 2016, they have been on an upward trajectory, which has just landed them a $5M investment from international company, Brand Capital. In a twist of fate, Starting 11 was given an opportunity through Forge North to attend the 2019 Collision conference in Toronto. There, founders Amanda Heyman and Teague Orgeman had a conversation with a rep from Brand Capital International. As Orgeman said, “The Collision experience was an amazing opportunity at critical time for our company.” Today, that conversation has paid off and Starting 11 is well on their way to becoming a major player in the fantasy-sports market in India, which is the fastest growing in the world.

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BETA Seeks New Leadership as Executive Director Reed Robinson Steps Down

by Valerie Lockhart

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Reed Robinson of BETA

With drive and determination, you can accomplish a whole lot in five years. Since the first Twin Cities Startup Week (TCSW) in 2014, BETA has accomplished some incredible feats. Helping over 100 startups come to life through their incubator program, and accelerating TCSW to become the 2nd largest startup week in the world are just two vectors. One of the secrets to BETA’s overall success is co-founder and current Executive Director, Reed Robinson. He has been a major force for good for founders throughout Minnesota, and has worked diligently for the last year and a half, readying BETA to a stable state where it can be passed on to a new leader who can take it and grow even further; And that time is now.

Robinson will be voluntarily stepping back into a Board of Directors position, and BETA will be hiring their next Executive Director to take things to a new level. This will most likely be a lengthy process, and Robinson knows that going in. He will continue to fulfill the ED duties until the right person is found for the position, ensuring that no gaps in services or programming occur.

BETA is just coming off of an incredibly successful startup week, and Robinson hopes to be able to leverage that energy to really identify the people who are passionate about the startup community. “The next Executive Director is going to be someone who is passionate about the startup space, obviously, but they also need to uphold the values of the people we serve — the founders.” Robinson explained that having a deep understanding of the needs and issues that founders face is critical in making sure the programming at BETA is fulfilling and meaningful to the future founders who will come to their programs for assistance. Robinson is confident that the organization is in a good position to be handed off, and that this is a great opportunity for the right person to come in and accept the challenge.

The BETA Board of Directors is considering both internal and external candidates for this role, and are seeking an individual who can double the number of startups served, as well as identify new sources of funding over the next 3-5 years, all while growing and managing a staff to facilitate that growth. Robinson is confident that they will be able to find the right person, and that BETA will continue to successfully serve new founders and the startup community into the future. Anyone interested should read through their job posting, and follow the specific instructions to apply.

The final numbers and metrics from this year’s TCSW are now coming together, and TECHdotMN will be highlighting some of the major takeaways in weeks to come. We want to thank Reed Robinson for his incredible contributions as Executive Director, wish BETA much continued growth and prosperity, and look forward to our continued partnership in community-building.

Total Expert Announces $52 Million in Series C Funding

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Via News Release

Total Expert, the leading marketing and customer engagement technology platform for banks, lenders and financial services, today announced it has raised $52 million in Series C funding. The round was led by Georgian Partners with participation from Emergence and Rally Ventures, bringing Total Expert’s total funding to $86 million.

 

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2nd Annual Graveti Summit in Minneapolis Next Week

by Valerie Lockhart

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graveti summit advertNovember 2, Graveti: MN will be hosting their 2nd annual Graveti Summit. If you’re unfamiliar with the group, it was started by Alex Rodriguez, with a mission to expose underrepresented groups to the tech and startup scene in the Twin Cities. Rodriguez started the group while he was serving as the 2016 Google Entrepreneur in Residence for Minneapolis. Focused primarily on people of color, Rodriguez and his team host monthly meetups which introduce successful entrepreneurs to the larger community, provide pitch event opportunities for members, and give them a chance to regularly connect and network with each other.

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