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The startup I co-founded, Heyo (http://heyo.com http://heyo.com), went through DayOne Ventures (http://dayoneventures.com http://dayoneventures.com) last summer
by frederickcook 16y ago
The startup I co-founded, Heyo (http://heyo.com http://heyo.com), went through DayOne Ventures (http://dayoneventures.com http://dayoneventures.com) last summer in Blacksburg, VA (small town in SW VA where Virginia Tech is located).
It was the first year, and we were the first company they invested in, and the only company to do their summer program. The largest benefit by far was access to mentors: the primary guys involved are a group of entrepreneurs who started a company called Webmail.us which is now Rackspace Email and Apps, and they all still work at Rackspace. Another primary group of mentors are some folks at Modea, a quickly-growing digital ad agency in Blacksburg.
We were working on a totally different idea when we initially took investment, and this group helped us pivot to Heyo, and put together a follow-on funding round in the Fall, and has recently made some introductions in the Valley that have prompted us to make the decision to move out there in May of this year. Having access to the Rackspace and Modea folks has been huge, from introductions to experience in growing a company from 2-3 people to 100+ people, to help with fundraising, understanding our market, etc. As the only company who has been with DayOne from inception, I absolutely recommend it.
- kevinpfab 16y agoAs a Virginia Tech student that is excited about startups, I'm glad to hear you had such a good experience with DayOne Ventures. I'm going to apply for this year's summer session. Since you guys are still local, I'd love to buy you lunch sometime so I can hear more of your story.
- frederickcook 16y agoDefinitely, I'd be happy to. Email fred at heyo.com, or reply @frederickcook.