5 Austin Startups That Can Get Profitable on <$1M

A session at SXSW Interactive 2013

Friday 8th March, 2013

3:30pm to 4:30pm (CST)

Here are 5 Austin startups that are immune to the "Series A Crunch".

Tired of hearing about founders who raised $8 million at at $30 million valuation with no revenue? Worried about getting diluted as Silicon Valley valuations soar? Looking for tech startups that know how to make money?

Just because they are cash efficient doesn't mean they aren't after big opportunities... it just means they will be able to grow from a position of strength and won't just run out of money and die.

There has been a lot of talk about a "Series A Crunch" or lack of funding because so many more startups are raising seed rounds. Startups who are profitable don't get caught in the crunch - they are the most attractive to Series A investors and they aren't under time pressure to close their next round of funding.

Bring your checkbook. These deals will fill up quickly!

About the speakers

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Antonio Arocha

Founder CEO, Nuve

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Chris Slaughter

Found CEO, Lynx Laboratories

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Nate Stewart

Founder CEO, Zing Checkout

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Joshua Baer

Founder, Otherinbox & Capital Factory

Joshua Baer helps people quit their jobs and become entrepreneurs. He founded his first startup in 1996 in his college dormitory and now teaches a class at the University of Texas for student entrepreneurs. He's currently the Chief Innovation Officer of Return Path and Managing Director of Capital Factory. Joshua has helped start a dozen companies, sold four of them, invested in more than fifty of them, and is a mentor to many others. You can follow him on Twitter @joshuabaer

This person is speaking at this event.
Magdalena Szuszkiewicz

Inaika

Next session in Salon ABC

5pm Move Your Startup to Austin... For Free! by Azarias Reda, Michael Olaya, Neeraj Mehta and Swetansu Mohapatra

These speakers at other events

6 attendees

  • Antonio Arocha
  • chris slaughter
  • Joshua Baer
  • Leslie Turley
  • Magdalena Szuszkiewicz
  • Nathan Stewart

3 trackers

  • angus wolf
  • Dustin Mihalik
  • Simon Willison

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When

Time 3:30pm4:30pm CST

Date Fri 8th March 2013

Where

Salon ABC, Hilton Austin Downtown

Session type

Solo / Dual / Panel

Session Hash Tag

#1million

Short URL

lanyrd.com/scdkkq

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