Why be a prisoner in the kitchen? The iGrill is an app-enabled wireless Bluetooth meat thermometer that allows you to monitor your food from up to 200 feet away. Developed by iDevices, the iGrill is just an example of the kind of useful apps that iDevices can develop for you.
If your company needs to app-enable a product, develop a new product, or create a custom application, iDevices offers innovations and inventions for the future. We have integrated all required resources in-house to create and launch app-enabled products both independently and with partner companies. Consumer product companies and hard-good manufacturers seek out iDevices to provide strategic direction and development support for the incorporation of WiFi and Bluetooth® connectivity to mobile platforms and tablets for their products.
Read the Full Story over at Fundable.
Over at Oregon Business, Linda Baker writes that Thomas Thurston from Growth Science has created a model that accurately predicts whether or not a Startup will succeed.
How does Thurston’s model work? It’s rooted in the mountains of data he has collected on market and corporate dynamics, including the anticipation of future changes in the marketplace. Patterns of success or failure then emerge depending on these different market and business behavior factors. “The key is identifying variables that are predictive of success and failure,” says Thurston, who is very hush-hush about revealing those variables. It’s a process that involves “lots of hard, hard work,” he says. “You go through a whole haystack to find one needle.”
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In this video, Ash Fontana from AngelList presents: Intro to Angel Investing.
Over at Entrepreneur Magazine, Catherine Clifford writes that several crowdfunding niches are starting to take off.
Last year, 308 crowdfunding platforms across the world raised $2.7 billion, an 81 percent increase over the amount raised in 2011, according to the annual report released today from the Los Angeles based research firm, Massolution. The growth in 2012 represents an acceleration, up from 64 percent growth in 2011. Looking ahead, growth is expected to reach $5.1 billion raised in 2013, representing an expected 89 percent increase in the dollars raised, the report predicts.
Read the Full Story.
A new crowdfunding site calledCrowdIt has launced in Springfield, MO with a mission to tap the collective power of the crowd to create the support system people need to turn their ideas into a reality. Think of a mix of crowdfunding and LinkedIn.
Our vision for crowdfunding is about helping people achieve their dreams – be it starting a new business, developing a new invention or creating a technology start-up – and leveraging the power of the crowd beyond just the funding event,” said Jason Graf, co-founder and CEO for CrowdIt. “We think the business networking possibilities alone can transform crowdfunding into a true economic engine that is ready to jumpstart new enterprises of all kinds. Obviously, with crowdfunding incorporated into the federal JOBS Act, the government believes it as well.”
CrowdIt is now accepting registrations, and the company just announced it will contribute $10,000 to the project that reaches the highest amount of funding by Aug. 18. Read the Full Story.
Will Big Data analytics change the world of venture capital? Over at Xconomy, Benjamin Romano writes that we have entered the era of the Moneyball VC.
Over the last seven years, Thomas Thurston has been developing algorithms—first at Intel Capital, and later in collaboration with Harvard professor Clayton Christensen, and under his own shingle at Growth Science in Portland, OR—to model markets and business behavior, and thereby predict the success or failure of a given innovation. Now he is joining Hambrecht-led venture fund Ironstone Group as a partner to try this method in a venture capital industry increasingly open to data-driven approaches.
Read the Full Story and be sure to check out our RichReport podcast interview with Thurston.
In this video, Robert Scoble from RackSpace interviews Marc Andreessen about the coming Age of Context and how sensors, wearable computers, and big data are changing Silicon Valley business.
In this slidecast, Josh Judd from Warp Mechanics describes MicroPod HPC initiative. Currently a Kickstarter project, MicroPod HPC will enable users to “stand up” a parallel computer using inexpensive commodity hardware, or even use the images as VMs to run a completely virtual development environment.
The MicroPod HPC is a parallel computer that you can afford to use at home. You can “stand up” a parallel computer using inexpensive commodity hardware, or even use the images as VMs to run a completely virtual development environment. The intent is to provide a turn-key framework for R&D of parallel software, and to use as a learning tool.”
Read the Full Story * Download the MP3 * Download the Slides * Subscribe on iTunes * If Dropbox is blocked, download audio from Google Drive.
In our second story on crowdsourced HPC this week, Dean Sheaffer describes the Computing for the Advancement of Science Kickstarter project, which aims to leverage Berkeley Open Infrastructure Network Computing (BOINC) platform.
Donors will help fund five (5) PC platforms designed to run just the BOINC client — 24/7/365. One of the nuances of the BOINC client is that it utilizes CUDA processing cores native to modern graphics cards. With four advanced graphic cards (each with 1,500+ CUDA cores) multiplied by the five PC Platforms, a total of 30,000 CUDA cores will be dedicated to advancing the scientific projects — All day, every day.
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Can Big Data analytics be used to predict which Startup companies will succeed? In this video, Thomas Thurston from Growth Science discusses the new Ironstone Venture Capital Fund, which is using Business Model Simulation to choose disruptive Startups.
The human mind is good at some things but bad at others. So we use data science and technology to help our brains with the things they weren’t designed for. This marriage between technology and the brain has allowed us to predict business behavior in ways that weren’t possible even a decade ago. It’s the future of venture capital,” said Thurston. This fund is unique. First, instead of mostly using intuition, like most VCs do, we’re using powerful, proven data science to identify disruptive companies. That’s revolutionary. Second, we’re interested in seed- and early-stage companies, which is much needed as our economy rebuilds itself. Finally, unlike a lot of VCs focused on exits and quickly ‘flipping’ startups, we have a long-term view and really want to partner with people growing strong, disruptive, meaningful businesses to make the world a better place.”
Read the Full Story * Download the MP3 * Subscribe on iTunes * If Dropbox is blocked, download audio from Google Drive.