Photo by Andrew Hyde

It turns out that my Cheap Seat for yesterday’s TechStars Demo Day was more expensive than the investors’ seats (free), but I’d happily make another donation to the Entrepreneurs’ Foundation of Colorado for a spot next year.

Just about every seat reserved in the balcony of the Boulder Theater for the community at large was filled – more people were there yesterday than last year, if memory serves.   It looks like the word is getting out that this is a great event to attend.  Deservedly so.

The entire first floor was reserved for investors, with many from out of town already in attendance at Boulder’s second Open Angel Forum the previous night.  Laptops and smartphones were everywhere to be seen.  A busy couple of days in Boulder for the investor community.

TechStars co-founders David Cohen, Congressman Jared Polis, and Brad Feld kicked things off with a few updates on TechStars’ alumni, the TechStars Global Affiliate program (expect 5-10 more Global Affiliates to pop up in the next year or so) and the Startup Visa Movement, among other things.  The co-founders continue to have their hands full with developing the startup ecosystem here and abroad.

Once the presentations got going, it was slide deck after slide deck of polished pitches (in this order):

ScriptPad lets doctors write prescriptions safer and easier than traditional handwritten notes, saving lives and saving money.  ScriptPad offers a freemium app to doctors and receives a per prescription fee from pharmacies.

Omniar wants to make the real world clickable, Terminator style.  Find information attached to an object by taking a picture of it with a smartphone, allowing Omniar’s mobile app or apps developed on Omniar’s API to visually recognize it and retrieve any data attached.

StatsMix creates custom dashboards to help businesses aggregate, visualize, and draw insights from a variety of metrics.  Drag-and-drop what you want from Google Analytics, WordPress, MailChimp, and more into a single place.  StatsMix even helps analyze your data for you.

RoundPegg helps companies hire for cultural fit, evaluating job candidates on a variety of traits, comparing them to current employees, and measuring for an overall match.  RoundPegg is built on a process developed by Chief Psychologist Dr. Natalie Baumgartner, putting “The Doc in a box”.

RentMonitor aims to make being a landlord easy by streamlining their Circle of Pain – marketing, tenant screening, rent collection, and property maintenance – into a Circle of Profit, especially for owners of multiple rentals.  RentMonitor also helps come tax time.

GearBox has developed a robotic ball controlled by a smartphone as it rolls across the floor, entering the new “smart toy” market.  GearBox plans to sell the ball and allow developers to create a myriad of games and other apps on its API.

Vacation Rental Partner takes the work out of renting out a second home.  Vacation Rental Partner goes beyond marketing, allowing renters to book your property as easily as they would a hotel room, with online payment processing, booking management, and more.

BlipSnips lets you share a moment of time.  Rather than sending a link to a video with a note “the clip I want you to see starts at 10:24″, BlipSnips lets you tag a particular clip from a longer video and share it with others.

Spot Influence find key influencers across the web based on your keyword search.  Spot Influence grabs data from a variety of sources to calculate the Reach, Relevance, and Impact of individuals, resulting in their overall Influence score for a particular keyword.

ADstruc has created a marketplace for outdoor advertising to make selecting and bidding on billboards as easy as PPC.  ADstruc allows advertisers to view available locations on Google Maps, retrieve valuable data, see their own ads superimposed on a street view of the billboard, and to bid accordingly.

Kapost is a content marketplace connecting writers with publishers.  Kapost lets publishers find strong writing, facilitate payments, manage rights, and plug that content into a variety of popular content management systems.

One of the first things that jumped out at me was that many of the “asks” were for more money this year than last (again, if memory serves).  Four of this year’s 11 teams were raising $500k or more, while none were in 2009.  What didn’t change from last year, however, was the quality of the pitches.

The presentations were strong across the board, with each team refining and rehearsing throughout the TechStars program this summer – an entire summer’s worth of blood, sweat, and tears, distilled into 5 minutes on stage (if you haven’t seen their level of commitment in The Founders yet, you should).  For anybody wanting to learn how a pitch is done, TechStars Demo Day is a great classroom.  I’ll be there again in 2011.

Congratulations to all the TechStars Boulder 2010 teams for surviving the summer – I can’t wait to see what you all do next.  Which of you will be the first to earn a gold shirt for being acquired?

Having just gotten home from Ignite Boulder 11, I feel compelled to borrow a line from one of my daughter’s favorite books: “Wow!  That is all I can say.  Wow!’” (Lilly’s Purple Plastic Purse, if you must know).  Shortly after IB 10, Andrew Hyde, the driving force behind the event’s huge growth, felt that Ignite Boulder had plateaued, despite the fact that it had become the largest Ignite in the world.  After tonight, I feel confident that he has changed his mind.  I sure have.

When Andrew wrote that post, I agreed – it felt like Ignite Boulder was leveling off.  I wrote a lengthly comment, carefully outlining all of the things from prior Ignites that were now missing from the last two and suggesting ways to recreate them.  I never did publish it.  At the end of the day, I just couldn’t write anything that didn’t sound like a “I knew the band before they became popular” kind of a thing.

Tonight’s event wasn’t awesome because it was like the early Ignites (nor was it awesome because the presenters use the word “awesome” so many times), it had an awesomeness (it’s contagious) all its own.

First of all, there’s the change in venue.  Chautauqua and what it offered was amazing.  There was the pre-show barbecue next to the auditorium and the families picnicking out on the grass.  My wife and I chose to sit on the porch of the Dining Hall, which is always a treat.  Throw in a little sunshine, free beer, and the Flatirons as a backdrop, and you’ve already got yourself a winner.  The auditorium itself was beautiful, an all-wood building with giant doors opened to a nice breeze.  When it got darker, a bit of light peaked through the slats in the walls.  I really look forward to TEDxBoulder, if for no other reason than to be in that building again.

The speakers…yes, the speakers – the best bunch from top to bottom that I’ve seen.  Ef Rodriguez warmed things up with his usual charm, and Anna Sawyer immediately followed with the crowd pleasing How to Marry the Rich, a practical guide to marrying up.  My personal favorite Spark of the night was Josh Fraser’s Snakes and Staircases, which taught me that vending machine deaths are a very real risk and that Scottish accents are very persuasive.  The 14th and final slide deck of the evening, Justin Crowe‘s Modulate Your Life: High Fives & Livin’ On A Prayer, had 1,300+ of us high fiving and belting out the Bon Jovi chorus together to end things just so.

Andrew and I were wrong.  Ignite Boulder just keeps getting better, and there’s plenty of room to grow from here.

On a recent visit to Boulder, entrepreneur and thought leader Eric Ries was kind enough to stop by the TechStars Bunker to lead a discussion for a room full of folks interested in the Lean Startup methodology. In reflecting on that night, I can’t help but wonder, will Lean Startups be the standard in the Boulder startup ecosystem someday soon?

Here’s the methodology in a nutshell: “Stop wasting people’s time.” Ries implores entrepreneurs to stop building products and services that customers don’t want by replacing guesswork with validated learning. At a high level, this requires three actions:

• Build. For the first iteration, build the minimum viable product, as basic as is possible for customers to understand and use. For subsequent cycles, release small batches of code through continuous deployment.
• Measure. Ries recommends measuring the high level stuff, the stuff that matters. Unless it tells you something important about whether what you have built is more or less likely to make customers pay for it, don’t bother measuring it.
• Learn. Talk to customers, look at the data, and face reality. Apply that validated learning to the next cycle before building anything else.

Many of the principles are derived from lean manufacturing, made famous by Toyota, applied in the startup environment. Speed is key here, and progress is measured in how much you learn, not how much code you write.

There’s no need to recount the entire presentation line by line because you can view a recent webinar of Ries’ and hear him directly instead. If you’re curious as to whether the Lean Startup methodology has applications beyond writing code, the answer is yes. Erica O’Grady, who was also there that night, has even applied the Lean Startup methodology to dating.

The Lean Startup methodology seems to be gaining momentum, especially as of late with bloggers and the press. In April Ries held the first Startup Lessons Learned Conference in San Francisco, which was streamed into locations around the world, including Boulder’s own Rally Software.

With that said, coupled with the fact that entrepreneurs, present and future, filled The Bunker that night, it seems that the future for Lean Startups is bright in Boulder. I, for one, can’t wait to see what happens.

I don’t quite remember the exact wording, or even who said it, but the idea that Boulder is the most inclusive tight-knit community on Earth is something that has resonated with me since I first heard it.

This is the only community I’ve come to know in which inclusive and tight-knit aren’t characteristics that are at odds with each other. There is something inherent in the Boulder culture that says “join us in the fun”. There is also a conscious effort by a handful of people to ensure that Boulder’s most valuable resources are available to the rest of us, by the way.

Though I’ve lived here since moving from the Boston area in 2001, I’ve just begun to discover what the Boulder tech community has to offer in the past few months. In that short time, I’ve gone from a quiet wallflower to an active (though still quiet) participant:

• Boulder Lean Startup Circle: Just a week after asking to join this group, I had the good fortune to hear Eric Ries, one of the leading thinkers in this field, present and lead a discussion on the methodology while he was in town.
• Snap Impact: I was welcomed by the group, volunteers with the motto “Making doing good easy”, for a weekend event to help lay groundwork for the development of the backend for Serve.gov, despite having little more to offer than a willingness to contribute.
• Blogging for boulder.me: After expressing interest in writing for this blog, I was offered a spot in the weekly rotation after a brief e-mail exchange to work out a few details.
• Presenting at Ignite Boulder: I received an enthusiastic “hell yeah” after e-mailing one of the event organizers with a short pitch for a presentation I had in mind and was added to the next event.
• TechStars’ Investor Day: Sitting in free seats set aside for the public, I had an invaluable chance to watch and learn as the TechStars 2009 companies pitched to a theater full of potential investors.

The upshot to all this is that there are plenty of opportunities to get involved in the Boulder tech community above and beyond just showing up, even for a guy like me who cringes at the thought of traditional networking (I have an allergic reaction to making small talk with strangers in the hope of exchanging business cards).  In every instance I’ve been both welcomed in and encouraged to participate, a nice change from what I’m used to in the Northeast.

I’ve been given the opportunity to dive in, stretch my comfort zone a bit, and figure out where I fit in, and for that I am very thankful. Go ahead, give it a try yourself. You might just like it.

We have news on the event dates front:

Startup Weekend: April 3-5th.

BarCamp Boulder: April 17-19th (still a bit tentative, but this is the date set during the planning session from last year).

Mark your calendars, or if you have the Boulder.me calendar, it is already updated.