Joegrammers

Bean Me Up! Twee Techies Perk Up For High-End, Hand-Delivered Coffee

Noah, David and Adam Belanich host a coffee tasting at the New York-based technology and design company Barrel. (Photo: joyridecoffeedistributors.com)

It was a chilly February morning when a young man with shaggy blonde hair sauntered into BuzzFeed’s new Flatiron office, quaint brown bags with small colored labels tucked under his arm. The zombiefied techies, engrossed in determining “The 25 Faces Fans Make Right Before Being Hit With a Foul Ball” initially took little notice of the visitor, but soon the whispers began. “Wasn’t that boy here last month?” “Is that…the coffee guy?!” Whispers gave way to a standing ovation as the surprised coffee delivery boy, otherwise known as Noah Belanich from Joyride Coffee, slowly made his way to the break room, Stumptown blends in hand.

Joyride first rolled down New York’s streets in 2010, the brainchild of brothers Adam and David Belanich and their friend Lev Brie. Since its founding, Joyride has started delivering Stumptown, Blue Bottle and Dallis Brothers blends to more than 70 caffeine-starved offices around the city, around 70 percent of which are in the tech or computer industries. These caffeine-crazed techies, who include the employees at Twitter, Tumblr and Gilt, will pay anywhere from $12.75 to over $25 a pound (with no delivery fee for orders over $50) for Joyride’s services. “The tech industry really loves coffee,” as Adam put it. “They get in a little bit later than other businesses, but you get emails from them at like two in the morning.” Between the bizarre hours and mid-afternoon meetings, the industry has become “fundamentally linked to coffee,” he said. Read More

City of Angels

AngelList Is Becoming a Facebook for Startups

This photo and interview brought to you by Twitter.

Andrew Cove moved to New York from Santa Monica on May 1 planning to join NYU’s ITP program. Oops. Somehow the entrepreneur, fresh off his first failed startup, wound up at an internship at IA Ventures which “opened some interesting doors”–and one of those doors eventually led to the startup-investment matchmaker AngelList. A happy coincidence, it seems, as Mr. Cove was somewhat down on his luck before he moved to the city.

“There was baggage–I had just killed a startup,” he said. “I just kind of wanted the experience of living in New York City. It never occurred to me to consider I’d be working for something based in San Francisco.”

New York is the second-most active market on AngelList. Based on the deals companies reported to AngelList, which is far from comprehensive, Silicon Valley is responsible for 53 percent of investments, followed by New York with 18 percent, AngelList founder Naval Ravikant told The Huffington Post.

Los Angeles accounts for six percent of deals; then Austin with five percent, Europe and Boston with four percent and Seattle with three percent.

AngelList, which has no revenue and is supported by a grant from the Kaufman Foundation, has been growing by leaps and bounds since launching in 2010. AngelList now has 2,500 registered investors and 13,000 startups, Mr. Ravikant told HuffPo. To recap: startups list their vitals and how much they’re looking for on AngelList, with options for who can see the information. Investors can then “follow” startups and get a feed of updates from interesting, mostly pre-funding companies. AngelList says it has recorded more than 750 individual investments in an estimated 400 companies, a low number because many deals aren’t reported.

Mr. Cove is the newest “venture hacker” on AngelList’s nine-person team. He works out of Dogpatch Labs in Union Square, helping companies polish their pitches and guiding investors through the site. “It wasn’t actually a concerted thing to have people in New York,” he said. “It turns out to be advantageous because so much is happening in New York.”

Betabeat welcomed Mr. Cove to New York with a hearty call-out in the rumor roundup. He followed up with us this week–and he says AngelList is changing in a very interesting way. Read More