SXSW: Start-Ups
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 18 March 2016
⏱️ 12 minutes
🧾️ Download transcript
Summary
Joshua Baer is the founder of Capital Factory, a hub for entrepreneurs in Austin. He takes a few minutes out of his insanely busy week to discuss the tech scene in Austin, SXSW and more.
Transcript
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| 0:00.0 | It's Thursday March 17th. |
| 0:03.2 | Welcome to Market Fullry. |
| 0:04.2 | I'm Chris Hill. |
| 0:05.2 | We are wrapping up South by Southwest week here in Austin, Texas. |
| 0:08.6 | We have moved several blocks away from the Austin Convention Center and we are in the cozy confines of the |
| 0:16.1 | capital factory with the man running the capital factory Josh Bear. Thank you so much |
| 0:20.8 | for taking time to talk to me today. |
| 0:23.0 | No problem. |
| 0:24.0 | I can only guess at how busy a week like this is for someone like you who runs a start. |
| 0:33.4 | Well, when people ask you, what is the Capital Factory? |
| 0:36.1 | What is your 32nd response? |
| 0:38.3 | Capital Factory is the center of gravity |
| 0:40.1 | for entrepreneurs in Austin, Texas. |
| 0:42.3 | Last year, more than 50,000 programmers and entrepreneurs |
| 0:45.0 | came here day and night for meetups and events and hackathons. |
| 0:48.0 | About a thousand members work here on a daily basis |
| 0:51.0 | where they can be around other entrepreneurs and investors and |
| 0:53.5 | people that can mentors that can help them out. And then we have a fund |
| 0:56.7 | designed to help invest in those companies and help them grow and all of this is |
| 1:00.9 | designed to help them meet their first investors, their first |
| 1:03.5 | customers, and their first employees, all three things that just make an incredible |
| 1:06.7 | difference for an early stage company. |
... |
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