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Introductory Meeting Pat Santos – Seattle 2025 June 7, 2013 lhipclinics@leehayes.com www.seattle2025.org. Student Startup Connector. Are You Interested In …. Engaging in the Seattle startup community? Meeting mentors with deep industry experience? Building your portfolio?
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Introductory Meeting Pat Santos – Seattle 2025 June 7, 2013 lhipclinics@leehayes.com www.seattle2025.org Student Startup Connector
Are You Interested In … • Engaging in the Seattle startup community? • Meeting mentors with deep industry experience? • Building your portfolio? • Working on a real-world project? • Adding more references to your resume? • Potentially earning credit via independent study? Then the Student Startup Connector may be for you.
What We Are Doing Today • Introducing the Student Startup Connector • Brief description of the process • Introducing mentors • Introducing teams • Answering your questions What I request that you do: 1. If you are curious about a startup – introduce yourself and start talking! 2. Invite prospective startups to your capstone project presentation!
Who Are We? • Seattle 2025 • An initiative to halve unemployment in the Central Puget Sound Region via entrepreneurship • Volunteers from industry to provide mentorship • Targeted job growth via local residents • Ethic of: “Mentorship by Doing” • Web Site: http://seattle2025.org/ • Targeted Areas • Software Development • Aerospace • Apparel Industry The Student Startup Connector is our FIRST BETA TEST
Yield Rate – The Problem • Seattle spawns a large number of startups, many from the university system • The rate of startups that launch is low, and the rate of launches that get funding is even lower • The two key issues: • Student entrepreneurs may lack industry experience and perspective • No access to developers, designers and technical talent
SSC - A Proposed Solution Tech work for work experience and references Student Startups from UW/SU Tech Talent from SCCC Mentorship and Funding Referrals Tech Lifeline and References Industry Mentors from Seattle 2025 Angel, PE and VC Funding Personal Network
Option One – Formal Option • Use if you want the safety net of a structured process • Find a startup that you want to work with • If the startup wants to work with you, negotiate a scope of work and number of credits • Startup will likely want to see you on capstone day, or see your portfolio • Scope of work will be in the form of a three page project proposal (see sample) • Sign up for independent study • In Fall 2013, the Mentor will provide a syllabus constituting a scope of work for one quarter • Execute NDA and Work Contract with company • Go!
Option Two – Private Option • Use if you are comfortable with working out your own relationship with a startup • Find a startup that you want to work with • If the startup wants to work with you, negotiate a scope of work and amount of time • Startup will likely want to see you on capstone day, or see your portfolio • Scope of work will be in the form of a three page project proposal (see sample) • Startup has an option of selecting a mentor • Execute NDA and Work Contract with company • Go!
The Mentors • Pablo Tapia – Cellular/Mobile • T-Mobile Technical Staff • Three books on cellular protocols • Most patented individual at T-Mobile • Catalin Ionescu – Mobile/Mobile Systems • Microsoft Senior Mobile Engineer (former T-Mobile, former Nokia) • Low level Android expert (example: modified Radio Interface Layer); Cellular protocols expert • Brett Peppe – Big Data/Security • Presently Senior Data Analyst, T-Mobile (former Microsoft, former Verizon) • SAS MVP (Many) • CISSP (Federal Reserve Bank SF, Department of Homeland Security) • Pat Santos - Distributed Development/Embedded • Presently an attorney, but is a programming expert (in particular OO/C++) • Microsoft Visual C++ Team, Original XBox, Windows XP Embedded, and Microsoft Research • Data Structures and C Programming Instructor (UW, BC)
FAQs – 1 of 2 • Q: How to I meet the startups? • A: Three ways: (1) chat with them in the room; (2) Browse project proposals on the web site http://seattle2025.org/ (likely will be populated in the next week or so) • Q: Do I get compensated? • A: Not in the formal option. In the private option, you can negotiate for pay. However, the startups are all pre-funding. • Q: Will I get a job from the startup afterwards? • A: The intent is to help build your resume, portfolio and business network via the Seattle startup community. If the startup gets funding, an early participant likely will have precedence in hiring. • Q: Doesn’t this mean I have to pay to work? • A: The formal option provides the safety net and fall back of course credit for your work – but it is optional. Seattle 2025 hopes that the private option will be selected more often, which has no credit cost and doesn’t require waiting until Fall.
FAQs – 2 of 2 • Q: Who mediates disputes during the project? • A: This is like an internship where the contractor reports to the company. In the private option, the company has the final say. In the formal option, the mentor provides the grade. • Q: What happens to the Intellectual Property? • A: All IP developed during the project belongs to the company. You will retain rights to show off the work as part of your portfolio but not share source code. As part of your contract, you can reserve rights on your existing IP, or carve out technical areas you want to reserve for yourself. • Q: What are my obligations under this program? • A: There is no obligation to participate. If you participate, you are what you negotiate. But we prefer to work from mutual benefit. if you want a good reference, you will want to do your best work. If the startup wants a reference from the mentor for funding, they will want to do their best work. If the mentors want Seattle 2025 to move out of beta, they will do their best work.
Next Steps? • If you are curious about a startup – introduce yourself and start talking! • Invite prospective startups to your capstone project presentation! • If you have a match, or have more questions then email: lhipclinics@leehayes.com Can answer questions, draft NDAs and work contracts. • A huge thanks to: Lisa Sandoval, Bill Newman and Portia Plante of SCCC Alan Leong of UW Sue Oliver of SU