Startups Pitch for Co-Founders and Other Resources in Austin

By SUSAN LAHEY
Reporter with Silicon Hills News

The founders at Co-Founders Wanted at Capital Factory Monday night were looking for everything from a biochemist to help develop a beverage that helps Asian people metabolize alcohol, to developers who could help build out an alarm system that contacts police, your neighbors and friends and family if you’re being attacked. All you have to do is knock it to the ground.
About 100 people attended the Co-Founders Wanted meeting and seven presented.
Jennifer Du, a recent transplant from New York, said that about 80 percent of Asians deal with a condition called Asian Glow in which their skin turns red and their eyes get watery every time they consume alcohol. There are pills to counteract the condition, but you have to take two a day starting about three weeks before you intend to drink, and take three the day you imbibe. A pill Du said, “is something you do in secret.” Instead, she wants to create Before Metabolic Drink which can be used as a mixer and helps Asians metabolize alcohol when they drink it. She has advisors and posted her product online as an MVP to see what the response would be. In fewer than 12 hours, she said, they had 361 unique views, 21 likes and 5 people signed up for the product.
Story Press founder Michael Davis, who was featured on Slice of Silicon Hills News, was looking for Ruby on Rails and iOS and Android developers. Story Press lets people upload written or spoken stories and photographs and turns them into movies that consumers can then download. Consumers can also find stories about their loved ones written by other people.
Dave Amis of Strider Labs, who has a background in security and law enforcement created Knockover 911. Amis said a majority of sexual assaults against women occur in their own homes from people they know and there’s no opportunity to get to a phone or to their security system panels to ask for help. Knockover 911 only has to be knocked to the ground and four things happen: Police are called, neighbors are notified, friends and family are notified, and there’s a loudspeaker message that tells the attacker that 911 has been contacted. He was looking for help with engineering, finance, leadership and connections with alarm companies.
Samantha Cabral taught herself Ruby on Rails to create The New Outfit Project which lets women submit their measurements and identify their fashion tastes and get recommendations about clothes to fit their body types and preferences. Customers can create a Mood Board of clothes and accessories they like and a virtual closet of clothes they might want to buy later. Cabral was looking for a more experienced Ruby developer to help her take her project forward.
Srini Raja, cofounder of TPsynergy.com has a supply chain management program created for small manufacturing businesses that can’t afford multi-million dollar custom solutions. The service keeps track of orders, shipments, payments and performance, among other things, all along the supply chain. The cloud based application also provides metrics and a dashboard, starting at $60 a month.
Raja was seeking marketing expertise, contracts in the industrial B2B space and investors.
Zaleit aggregates multi-level marketing sales by having people use their social networks to promote and even sell products. It enables crowd buying in order to push prices lower and offers commissions for people who manage to make sales through their social networks.
Founders Raul Rivero, Jorge Rowe and Jorge Rios were looking for funding to develop a website and a mobile app.
Chris Smith is creating a product that would integrate consumers’ receipts into their bank statements, making budgeting and financial tracking easier and also helping marketers keep track of what products consumers’ purchase. The automatic receipts would cost consumers a small bank fee but would also generate income for banks through advertisements connected to the receipts based on consumers’ preferences as well as the sale of aggregate data on purchases.
Johan Borge, meetup co-founder and co-founder of The TechMap Austin was looking for partners, investors and business developers for his idea, Pitch Deals, which is a kind of Priceline for consumer deals. With Pitch Deals merchants negotiate lower rates for products like a restaurant meal during their slower times.

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