Girl Problems

Illustration by Paul Kisselev.

Charlie Hit On Me! One Silicon Alley VC’s Quest for Love and Other Startups

Charlie O’Donnell has long eyelashes, an athletic build and a shiny shaved head: a 32-year-old in his prime working at one of the most highly-respected startup investment firms in New York, First Round Capital. The kayaking enthusiast and devotee of the fitness Bible The 4-Hour Body is known to broadcast his nine-mile cycling commute on Twitter, where he goes by @ceonyc, a reference to his initials.

A power networker, Mr. O’Donnell has made himself a fixture at tech parties in search of the next Mark Zuckerberg, or as it were, the next Margaret. Trouble is, he’s also looking for the next Mrs. O’Donnell.

“For men, if we are single, any single female that we are hanging out with has the potential, at least at first, to be a potential date,” Mr. O’Donnell wrote in 2004 on his popular blog, This Is Going To Be Big. “But for girls, you never really know. You can be doing all of the dating type stuff… showing interest, asking them out, etc… and they’ll seemingly go along with the whole thing, until the point that you’re sitting across from them and you realize, ‘Hey… wait a second… this isn’t a date at all!’”

Business and pleasure often mix in the Silicon Alley startup scene, where investors are known to karaoke with their portfolio companies. By now, everyone knows a pitch and a drink can be one and the same—but what about a pitch and a date? With more women on the tech scene, uncertainty is increasingly common.

“I once scheduled a meeting with someone and it turned out to be a date,” one well-connected female techie told Betabeat. That someone was Mr. O’Donnell. One female founder was “asked out to dinner on the pretense of it being a meeting, but it turned out to be a date” with a local venture capitalist, who followed up with an extended series of flirtatious text messages. That man also turned out to be Mr. O’Donnell. In fact, Mr. O’Donnell’s name came up repeatedly in the course of reporting a more general story about women in tech.

Even so, there are far more nefarious scoundrels on the scene. Betabeat heard some stories of other investors that sounded like fodder for Mad Men. “I’ve even heard of VCs trying to sleep with their potential female investees,” said one female founder who used to live in New York and now lives in the Bay Area. “Pretty sketchy stuff.” One woman who organizes tech events said she was stalked for years by a consultant who stopped only after her brother intervened; one female founder met with a Silicon Valley investor who followed up with an invitation to his hotel room via a midnight text message—“and he was married!” Read More

forrst

Startup News: Skillshare Creep! Forrst Recruiting! And Happy Birthday Wanderfly

SKILLSHARE EVERYWHERE. Skillshare had two big announcements yesterday: 1) the democratized education platform is available in “every major city” in the U.S. now, and 2) CEO Mike Karnjanaprakhorn has been named one of 12 TED fellows in 2012.

FORRST RANGERS. The developer community Forrst has started posting jobs. Bring it on, Stack Overflow.

SAVE AMIT. The campaign for Amit Gupta continues! Upcoming: bone marrow drive in Delhi and swabbing party in Somerville and much, much more.

DREAM TEAM. New Work City is joining forces with the hackers of NYC Resistor to cross-promote events. Synergy!

XX INNOVATION LUNCH. “I’m super psyched for my lunch this Friday,” Charlie O’Donnell wrote in his newsletter this week.  ”Marissa Campise from Venrock and Sarah Tavel from Bessemer are co-hosting a lunch with me for up and coming women entrepreneurs to get a chance to meet venture investors.” Read More

Hyperlocal

Mr. Gupta

Where NY Tech’s Culture Comes From (and Why We Owe Amit Gupta Our Bone Marrow)

This is a guest post from Nate Westheimer. Nate is an engineer, entrepreneur, and angel investor. Currently, Nate serves as Executive Director of the NY Tech Meetup, Advisor to Flybridge Capital Partners, and Founder/Advisor to Ohours.org. He blogs at innonate.com.

***

As the NY Tech scene has gained momentum over the past few years, I find myself talking to a lot of journalists who are trying to understand what’s going on here and how we arrived at this point.

In these interviews, I always highlight NY Tech’s unique culture, and in so doing I point out that this culture is both native to New York itself, but also cultivated and defined by folks in the tech community 5 to 10 years ago, before this Great Boom showed up in Gap ads and magazine covers.

In my opinion, the culture we have here has been defined by three people: Read More

shameless rumormongering

rumormonger

Rumors & Acquisitions: Bnter Takes Over the Makery

BNTER ADOPTS THE MAKERY. Matt Langer, former GroupMe contractor, recently became Matt Langer, real GroupMe employee, even though his mug is still missing from GroupMe’s page of surprisingly unflattering team headshots. Mr. Langer is settling happily into his new environs, comforted by the security of staff meetings and welcome wedgies from senior GroupMes.

But what became of the beloved Brooklyn coworking space Mr. Langer bore, groomed and subsidized out of his own pocket? The Makery will continue as a coworking space, but is not accepting new tenants, Betabeat learned. Makery resident Bnter, headed by co-founders Lauren Leto and Patrick Moberg, has taken over the lease, Ms. Leto said. “It’s Bnter offices, but everyone is still here,” she told Betabeat. “As people leave, we will not replace them, because Bnter is growing weekly.” The startup has four employees now and will have five as of October 17, and probably seven by the end of the year, Ms. Leto said. “So weekly isn’t true,” she amended. “Ha, my math is lovely.”

The Makery officially closed on Sept. 1, Mr. Langer said, which coincided with the space’s one-year anniversary. “I was so happy to let it go because I was just losing so much money on it,” Mr. Langer said. “Like SO MUCH.” (We were speaking on Gchat.) “PEACE OUT, $500 CON ED BILLS.” Read More

shameless rumormongering

rumormonger

Rumors & Acquisitions: Social Media Edition

OMGNATE. We posted about Nate Westheimer selling the first app he ever coded, Ohours, to Hirelite. Ohours was going great! People loved it! And yet Mr. Westheimer was ready to move on to bigger and better Rubylicious things. Although he demurred when we asked what. But the rumormill is suggesting it’s something to do with social gaming. A source tells Betabeat the stealth project is “a partnership with OMGPOP’s Forman,” referring to the infamous Charles, a friend of Mr. Westheimer’s. Read More

Welcome to New Fit City

book_large-front

I Hack the Body Electric

NEW YORK  CITY’S START-UP SCENESTERS were nowhere near the isle of Manhattan when the 4 Hour Body fad hit its tipping point among the local tech set. In fact, according to Rick Webb, co-founder of the Tribeca-based digital agency the Barbarian Group, the digerati diet craze currently upending start-up snack supplies and clogging Twitter feeds with the hashtag #4HB reached comic proportions during the city’s annual pilgrimage to Austin, Texas, back in March.

Mr. Webb traced the outbreak back to the carbo-loading marathon that is South by Southwest. Or “beer and taco week,” as Mr. Webb described it. He and several other techies had recently become disciples of The 4 Hour Body: An Uncommon Guide to Rapid Fat-Loss, Incredible Sex, and Becoming Superhuman, a life-hacking manual written by Tim Ferriss that distills a decade of experiments into chapters about slow carbs, self-tracking and, yes, how to make a woman orgasm in 15 minutes. Read More

Talent Crunch

cyberterr2505_468x379

Emerging Talent Pool for New York Start-Ups: Freshly-Failed Entrepreneurs

On his blog Sneakerhead VC, First Round Capital’s Phineas Barnes bemoans the plight of a friend who, after being forced to shutter his start-up, reverted back to his corporate ways. With a heavy heart, Mr. Barnes reports that the former founder will be, “joining a big company as some kind of VP of something.” He beseeches his readers not to let this kind of tragedy happen again:

“Having to give up on your company sucks for a month or two and it hurts forever, but it is not failure – if these teams are absorbed back into the world of cubicles and are allowed to return to the jobs they walked away from in the first place, that will be failure, and failure at the community level. When you meet the founder of  a failed business, reach out your hand, pick them up and do everything you can to keep them involved in our community… because our community depends on it.”

Mr. Barnes’s plea reminded us of a reoccurring theme we’d heard while reporting on New York’s geek gap. In “Raiders of the Last Nerd,” this week’s feature on tech recruiting, Kinda Sorta Media’s Rex Sorgatz offered Betabeat an ominous-sounding take on the struggle to hire local talent, “If you want a CTO, you have to go to, like, Tel Aviv.” But we didn’t have the space in the paper to really delve into why.

In his experience, Mr. Sorgatz said it wasn’t so much that New York was short on rockstar coders. Rather, it’s a side effect of the entrepreneurial bug gone viral. “People now run four-person companies where they may have otherwise led a five-person tech team in a twenty-person company.” (Is this a good time to say we told ya so? No? Okay, just checking.) Read More

The Start-Up Rundown

Mr. Swartz. (Photo: Facebook)

Start-Up News: Early Reddit Employee Faces Up to 35 Years in Jail for Downloading 4.8 Million Journal Articles

AARON SWARTZ ARRESTED. “Shocking news: Moments ago former Demand Progress Executive Director Aaron Swartz was indicted by the US government,” Demand Progress’s David Segal said in an email blast yesterday. “As best as we can tell, he is being charged with allegedly downloading too many journal articles from the Web. The government contends that downloading so many journal articles constitutes felony computer hacking and should be punished with time in prison.” Mr. Swartz helped create RSS and whose company was once bought by Reddit. He faces up to 35 years in prison and $1 million in fines and pleaded not guilty. Eeepo. Why he wanted 4.8 million journal articles is beyond us. There is a petition for signing and you can donate here.

GROUPME ON THAT PHONE 7. Last week GroupMe released a preview–”meaning only a few features are available with more to come”–of its Windows Phone 7 app. ”You may not hear a lot about the whole WP7 platform compared to others BUT fascinatingly it has become the second most common request to have from GroupMe users,” a PR rep writes. We were just talking to someone about how WP7 is kind of indie-cool now. Read More

Class Is in Session

Gov. Sarah Palin

Self-Promotion Lessons for Non-Self Promoters

The only person who doesn’t prickle at the sound of a self-promoter is a self-promoter, although we can’t vouch for their internal pangs of self-loathing. To get over the conundrum of the loudest voices in tech not necessarily being the wisest, First Round Capital’s Charlie O’Donnell is contemplating offering classes in what we’d like to call The Art of Non-self-promoter-y Self promotion (Want to upboat your brilliance without boasting?! Here’s how!). Read More