0:00-2:00 Today we have Paul Bragiel, managing director of the accelerator i/o ventures with us.
2:00-2:45 Your accelerator is actually a physical location that people work out of, right?
2:45-5:00 Thank you so much to MailChimp for their support. Everyone thank @mailchimp!
5:00-6:00 Do you send email updates about i/o ventures?
6:00-7:45 What is the mission of i/o ventures and how is it different from Y Combinator?
7:45-9:00 What's the story? Do you shampoo that beard?
9:00-10:00 Who are the other people working in your office?
10:00-10:30 How many people have graduated?
10:30-11:30 How much do the companies get and how much equity do you take?
11:30-12:00 Is blatantly ripping off someone's idea the worst thing in the world?
12:00-13:45 Jason reveals a story about meeting with a successful investor in Germany at the DLD Conference who warned him about the Samwer brothers.
13:45-16:00 What's the difference between stealing artistically and ripping something off?
16:00-17:00 Who's to blame for enabling pieces of garbage like them?
17:00-19:00 So after two classes, do you feel like the quality is going down?
19:00-20:15 How much more did it cost to start a company ten years ago?
20:15-20:30 Have there been any lawsuits over the mandatory beard rule in your program?
20:30-21:45 Where does the money come from that you invest in the companies?
21:45-24:15 How much of what you provide for companies is coaching versus teaching skills?
24:15-26:30 Thank you to GoToMeeting for their support! Everyone thank @gotomeeting!
28:00-31:00 Take me through the process of when you're reading an application, what are you thinking? What's the first thing you look for?
31:00-32:45 What's next, after you've looked at the person?
32:45-34:30 You don't need the money, so why are you doing this?
34:30-37:30 How many of the people you accept every year are established in the Valley or are most people new to the area?
37:30-40:30 Is it possible to build a big company with a minimal viable product?
40:30-42:45 What was the best idea from Web 1.0 that didn't make it?
42:45-45:15 What are some companies that have graduated that you're most proud of?
45:15-46:45 Is there an angel bubble right now?
46:45-48:30 Is your advice to companies to raise as much money as possible out of the gate or only to take what you need?
48:30-49:00 What did Lefora do?
49:00-50:30 What do you think are the key characteristics of successful entrepreneurs?
50:30-51:00 You have literally hundreds of applications to go through, don't you?
51:00-51:30 What's the best way for people to get in touch with you?
51:30-52:30 You've got an amazing mentor list.
52:30-54:00 And you're going to give a slot to a company from the LAUNCH Festival, right?
54:30-56:00 Paul announces that i/o ventures is about to do the first seed fund in sub-Saharan Africa.
56:00-56:30 What's the new definition of samwer?
56:30-57:00 Paul, you've been an amazing guest and I think you're doing great work. I wish you continued success. Thank you to GoToMeeting and MailChimp and we'll see you next time.
Support This Week in Startups and independent media by joining the TWiST Producer Program at TwistList.co!
Multilingual? Translate this episode of TWiST into another language and email the transcript to email@example.com
Keep up with the latest from our sister company, LAUNCH:
DOUBLE Boom! LAUNCH Hits $369k in Prizes Thanks to MailChimp's $100k!
Boom! LAUNCH Hits $269k in Prizes Thanks to Charles River Ventures
Whoa, LAUNCH Prize Money Hits $169k
We Need to Empower Hollywood--Not Kill Hollywood
WOW: TechStars to Accept a LAUNCH Festival Startup!
FOLLOW ON TWITTER