welcome back to part two of hip module number 28 joining me is Ian Geoffrey
number 28 joining me is Ian Geoffrey
number 28 joining me is Ian Geoffrey from founder fuel and accelerator based
from founder fuel and accelerator based
from founder fuel and accelerator based in Montreal we touched on a lot in the
in Montreal we touched on a lot in the
in Montreal we touched on a lot in the first half let’s now focus on the first
first half let’s now focus on the first
first half let’s now focus on the first cohort group so I was involved as a
cohort group so I was involved as a
cohort group so I was involved as a mentor I probably could have been more
mentor I probably could have been more
mentor I probably could have been more involved admittedly but I have a
involved admittedly but I have a
involved admittedly but I have a business to run but I was involved and I
business to run but I was involved and I
business to run but I was involved and I saw a few companies that I liked a lot
saw a few companies that I liked a lot
saw a few companies that I liked a lot and the problem I had with the issue
and the problem I had with the issue
and the problem I had with the issue with the I mean listen again these are
with the I mean listen again these are
with the I mean listen again these are so subtle small complaints at the ANA
so subtle small complaints at the ANA
so subtle small complaints at the ANA was a great program and it was very nice
was a great program and it was very nice
was a great program and it was very nice but I felt it was hard for me as a
but I felt it was hard for me as a
but I felt it was hard for me as a mentor that really has no real firm
mentor that really has no real firm
mentor that really has no real firm connection to any of these companies to
connection to any of these companies to
connection to any of these companies to tell them I would do this or that
tell them I would do this or that
tell them I would do this or that because you’re basically just an
because you’re basically just an
because you’re basically just an outsider with an opinion and we know
outsider with an opinion and we know
outsider with an opinion and we know what they say about guys with opinions
what they say about guys with opinions
what they say about guys with opinions you know everyone’s got one but I there
you know everyone’s got one but I there
you know everyone’s got one but I there was a couple companies I liked a lot one
was a couple companies I liked a lot one
was a couple companies I liked a lot one was wave oh yeah and I occasionally ran
was wave oh yeah and I occasionally ran
was wave oh yeah and I occasionally ran into the guys there and I gave them
into the guys there and I gave them
into the guys there and I gave them advice didn’t listen to any of it which
advice didn’t listen to any of it which
advice didn’t listen to any of it which is maybe if they’re successful why
is maybe if they’re successful why
is maybe if they’re successful why they’re successful and then there was
they’re successful and then there was
they’re successful and then there was another one which we talked during the
another one which we talked during the
another one which we talked during the break so I’ll leave off the suspense and
break so I’ll leave off the suspense and
break so I’ll leave off the suspense and let you talk about them what was the one
let you talk about them what was the one
let you talk about them what was the one company that i would say at the end of
company that i would say at the end of
company that i would say at the end of the covert group had the most sort of
the covert group had the most sort of
the covert group had the most sort of oomph and presence and impressive track
oomph and presence and impressive track
oomph and presence and impressive track record well I think player eyes
record well I think player eyes
record well I think player eyes definitely stood out of the pack you
definitely stood out of the pack you
definitely stood out of the pack you know they came in they had just started
know they came in they had just started
know they came in they had just started maybe a month before the program by the
maybe a month before the program by the
maybe a month before the program by the end of the program they had you know
end of the program they had you know
end of the program they had you know revenue into six figures numbers juice
revenue into six figures numbers juice
revenue into six figures numbers juice away just what they do yep so player
away just what they do yep so player
away just what they do yep so player eyes basically delivers games to social
eyes basically delivers games to social
eyes basically delivers games to social games sorry players to social game so
games sorry players to social game so
games sorry players to social game so that’s the number one challenge as a
that’s the number one challenge as a
that’s the number one challenge as a social game developers to get new users
social game developers to get new users
social game developers to get new users on board new players and they built a
on board new players and they built a
on board new players and they built a network that allows them to deliver
network that allows them to deliver
network that allows them to deliver games at game players at scale beyond
games at game players at scale beyond
games at game players at scale beyond just doing it on Facebook which is
just doing it on Facebook which is
just doing it on Facebook which is usually where it happens right now would
usually where it happens right now would
usually where it happens right now would you call them in that Network for the
you call them in that Network for the
you call them in that Network for the video game ecosystem I guess you could
video game ecosystem I guess you could
video game ecosystem I guess you could probably probably say that but beyond
probably probably say that but beyond
probably probably say that but beyond just acquisition of the players they
just acquisition of the players they
just acquisition of the players they have a whole series of tools that helps
have a whole series of tools that helps
have a whole series of tools that helps helps two games to monetize the players
helps two games to monetize the players
helps two games to monetize the players yes once they come in actually getting
yes once they come in actually getting
yes once they come in actually getting more out of each player
more out of each player
more out of each player just bringing in two players I mean
just bringing in two players I mean
just bringing in two players I mean that’s the thing that I liked about
that’s the thing that I liked about
that’s the thing that I liked about player eyes from the get-go is that that
player eyes from the get-go is that that
player eyes from the get-go is that that kind of model is built to scale the
kind of model is built to scale the
kind of model is built to scale the challenge it runs into and I mean my
challenge it runs into and I mean my
challenge it runs into and I mean my background is more the ad networks and
background is more the ad networks and
background is more the ad networks and this is we talked about this just last
this is we talked about this just last
this is we talked about this just last week the thing about the mentor program
week the thing about the mentor program
week the thing about the mentor program is it’s not just guys who come and say I
is it’s not just guys who come and say I
is it’s not just guys who come and say I have wisdom it’s a lot of them want to
have wisdom it’s a lot of them want to
have wisdom it’s a lot of them want to learn like for me like I learned a lot
learn like for me like I learned a lot
learn like for me like I learned a lot like I’m 33 a lot of these guys are I
like I’m 33 a lot of these guys are I
like I’m 33 a lot of these guys are I guess in the early 20s oh they’re like
guess in the early 20s oh they’re like
guess in the early 20s oh they’re like you know a lot more like technology and
you know a lot more like technology and
you know a lot more like technology and all this is a lot more in their DNA and
all this is a lot more in their DNA and
all this is a lot more in their DNA and for me what was good about player rise
for me what was good about player rise
for me what was good about player rise was that I was like okay I could learn a
was that I was like okay I could learn a
was that I was like okay I could learn a lot more about the video game ecosystem
lot more about the video game ecosystem
lot more about the video game ecosystem but I get the network social social
but I get the network social social
but I get the network social social games every social game so good now
games every social game so good now
games every social game so good now touching on that is I mean the challenge
touching on that is I mean the challenge
touching on that is I mean the challenge the good thing is you scale very quickly
the good thing is you scale very quickly
the good thing is you scale very quickly but then it does become it is like an
but then it does become it is like an
but then it does become it is like an arbitrage intermediation game because
arbitrage intermediation game because
arbitrage intermediation game because there’s not that much barrier to entry
there’s not that much barrier to entry
there’s not that much barrier to entry but by the time you know you could scale
but by the time you know you could scale
but by the time you know you could scale your company before you get competitors
your company before you get competitors
your company before you get competitors not my question is this you hear about
not my question is this you hear about
not my question is this you hear about Zynga when they say we are a fly on
Zynga when they say we are a fly on
Zynga when they say we are a fly on Facebook’s but they use a different word
Facebook’s but they use a different word
Facebook’s but they use a different word is this that kind of thing where they’re
is this that kind of thing where they’re
is this that kind of thing where they’re leveraging largely facebook zynga and
leveraging largely facebook zynga and
leveraging largely facebook zynga and all that well actually it’s you know a
all that well actually it’s you know a
all that well actually it’s you know a lot of this social games acquire their
lot of this social games acquire their
lot of this social games acquire their users on facebook and what player eyes
users on facebook and what player eyes
users on facebook and what player eyes is doing is yes they deliver players on
is doing is yes they deliver players on
is doing is yes they deliver players on facebook but they’re going you know
facebook but they’re going you know
facebook but they’re going you know they’re using every marketing tactic
they’re using every marketing tactic
they’re using every marketing tactic online to deliver players which is not
online to deliver players which is not
online to deliver players which is not something that the game students are
something that the game students are
something that the game students are doing right now and they’re not well
doing right now and they’re not well
doing right now and they’re not well equipped to do right now so they’re
equipped to do right now so they’re
equipped to do right now so they’re building that big Network and and that
building that big Network and and that
building that big Network and and that network network will rival would we play
network network will rival would we play
network network will rival would we play right as sorry as in his network the
right as sorry as in his network the
right as sorry as in his network the other team that really stood out was was
other team that really stood out was was
other team that really stood out was was allowed to go to low low so a load from
allowed to go to low low so a load from
allowed to go to low low so a load from a great line from back to the future ooh
a great line from back to the future ooh
a great line from back to the future ooh la la is his a is a mobile app for to
la la is his a is a mobile app for to
la la is his a is a mobile app for to manager years two min life for students
manager years two min life for students
manager years two min life for students but it’s also for the Student Union’s a
but it’s also for the Student Union’s a
but it’s also for the Student Union’s a way to manage and promote their
way to manage and promote their
way to manage and promote their activities on Kerry impressive I thought
activities on Kerry impressive I thought
activities on Kerry impressive I thought the product was smart I thought the team
the product was smart I thought the team
the product was smart I thought the team seemed very good but that’s the thing
seemed very good but that’s the thing
seemed very good but that’s the thing it’s like it’s all boils down to
it’s like it’s all boils down to
it’s like it’s all boils down to actually the execution so tell us a bit
actually the execution so tell us a bit
actually the execution so tell us a bit about okay player eyes had their stuff
about okay player eyes had their stuff
about okay player eyes had their stuff together when they got there how much
together when they got there how much
together when they got there how much did the founder fuel I know your bias
did the founder fuel I know your bias
did the founder fuel I know your bias but how much did found if you’ll help
but how much did found if you’ll help
but how much did found if you’ll help them take it to the next level well i
them take it to the next level well i
them take it to the next level well i think you know in their case they came
think you know in their case they came
think you know in their case they came to founder fuel with with a lot of
to founder fuel with with a lot of
to founder fuel with with a lot of experience their older guys
experience their older guys
experience their older guys you know I think that the network of
you know I think that the network of
you know I think that the network of mentors really help them you know turn
mentors really help them you know turn
mentors really help them you know turn their turn their idea into a larger idea
their turn their idea into a larger idea
their turn their idea into a larger idea and I think if you spoke to Jeff for
and I think if you spoke to Jeff for
and I think if you spoke to Jeff for Lyle that they’d support that and and
Lyle that they’d support that and and
Lyle that they’d support that and and recognize that we brought a lot of value
recognize that we brought a lot of value
recognize that we brought a lot of value to the program but to their to their
to the program but to their to their
to the program but to their to their business for sure so part of that
business for sure so part of that
business for sure so part of that obviously is being around all these
obviously is being around all these
obviously is being around all these investors and mentors and all that and
investors and mentors and all that and
investors and mentors and all that and that’s something that large is perfect
that’s something that large is perfect
that’s something that large is perfect that’s the largest part yeah I think
that’s the largest part yeah I think
that’s the largest part yeah I think everybody gets that and I do think it’s
everybody gets that and I do think it’s
everybody gets that and I do think it’s two ways the mentors probably learn a
two ways the mentors probably learn a
two ways the mentors probably learn a lot more than you’re gonna admit um but
lot more than you’re gonna admit um but
lot more than you’re gonna admit um but but the problem with Montreal is that
but the problem with Montreal is that
but the problem with Montreal is that and and I wrote an article next Montreal
and and I wrote an article next Montreal
and and I wrote an article next Montreal that some people sort of were like oh my
that some people sort of were like oh my
that some people sort of were like oh my god what the hell are you talking about
god what the hell are you talking about
god what the hell are you talking about but all the entrepreneurs emailed me
but all the entrepreneurs emailed me
but all the entrepreneurs emailed me saying you’re so right about this but I
saying you’re so right about this but I
saying you’re so right about this but I think the investor community and it may
think the investor community and it may
think the investor community and it may be like the typical mentors were like
be like the typical mentors were like
be like the typical mentors were like you know this is unfair ash but
you know this is unfair ash but
you know this is unfair ash but entrepreneurs got that which is there is
entrepreneurs got that which is there is
entrepreneurs got that which is there is a lack of mentors in this city who have
a lack of mentors in this city who have
a lack of mentors in this city who have been there done that in our fields like
been there done that in our fields like
been there done that in our fields like the guy who built a law firm is going to
the guy who built a law firm is going to
the guy who built a law firm is going to have great advice on managing people
have great advice on managing people
have great advice on managing people egos you know dealing with accounting
egos you know dealing with accounting
egos you know dealing with accounting and legal issues but he has not built a
and legal issues but he has not built a
and legal issues but he has not built a new media or technology company and you
new media or technology company and you
new media or technology company and you I know your background you spent a bit
I know your background you spent a bit
I know your background you spent a bit of time in san fran so tell us a little
of time in san fran so tell us a little
of time in san fran so tell us a little bit a about the difference between i
bit a about the difference between i
bit a about the difference between i mean it’s sort of obvious but i spent a
mean it’s sort of obvious but i spent a
mean it’s sort of obvious but i spent a lot of time in New York and I learned so
lot of time in New York and I learned so
lot of time in New York and I learned so much when I’m there but take us through
much when I’m there but take us through
much when I’m there but take us through like how is Montreal so different than
like how is Montreal so different than
like how is Montreal so different than san fran what are some of the good
san fran what are some of the good
san fran what are some of the good things were the bad things were the
things were the bad things were the
things were the bad things were the things you want to import and where are
things you want to import and where are
things you want to import and where are the things that you saw in san fran that
the things that you saw in san fran that
the things that you saw in san fran that made you think you know maybe we don’t
made you think you know maybe we don’t
made you think you know maybe we don’t need this right well you know when i
need this right well you know when i
need this right well you know when i left montreal in 2006 I didn’t know the
left montreal in 2006 I didn’t know the
left montreal in 2006 I didn’t know the startup ecosystem here at all in fact
startup ecosystem here at all in fact
startup ecosystem here at all in fact probably because was mostly non non
probably because was mostly non non
probably because was mostly non non existent yeah and when i left san fran
existent yeah and when i left san fran
existent yeah and when i left san fran and came back to montreal was really
and came back to montreal was really
and came back to montreal was really surprised to see how much activity was
surprised to see how much activity was
surprised to see how much activity was happening here so many I to so many
happening here so many I to so many
happening here so many I to so many events you know there’s new funds all
events you know there’s new funds all
events you know there’s new funds all these things happening it’s changed a
these things happening it’s changed a
these things happening it’s changed a lot to be honest you know in san fran oh
lot to be honest you know in san fran oh
lot to be honest you know in san fran oh you know ninety percent of the people
you know ninety percent of the people
you know ninety percent of the people that I that a that ice that I met or
that I that a that ice that I met or
that I that a that ice that I met or that I cool too wet and I’m not trying
that I cool too wet and I’m not trying
that I cool too wet and I’m not trying to say that in English but you’ll have
to say that in English but you’ll have
to say that in English but you’ll have to learn interact with court yeah
to learn interact with court yeah
to learn interact with court yeah exactly we’re in the startup scene and
exactly we’re in the startup scene and
exactly we’re in the startup scene and in the end to be honest I got a bit a
in the end to be honest I got a bit a
in the end to be honest I got a bit a bit sick of it you know it was like if
bit sick of it you know it was like if
bit sick of it you know it was like if if you weren’t in a start-up or if you
if you weren’t in a start-up or if you
if you weren’t in a start-up or if you weren’t a founder of a start-up be
weren’t a founder of a start-up be
weren’t a founder of a start-up be weren’t cool and it was the cool thing
weren’t cool and it was the cool thing
weren’t cool and it was the cool thing to do and I’m sorry
to do and I’m sorry
to do and I’m sorry enough already I mean we’re all trying
enough already I mean we’re all trying
enough already I mean we’re all trying to build it and let’s just try to build
to build it and let’s just try to build
to build it and let’s just try to build it and have fun but yeah I mean you know
it and have fun but yeah I mean you know
it and have fun but yeah I mean you know you can’t swing a dead cat over there
you can’t swing a dead cat over there
you can’t swing a dead cat over there without without hitting as the CEO of
without without hitting as the CEO of
without without hitting as the CEO of some some other company some other
some some other company some other
some some other company some other startup which is going to be the biggest
startup which is going to be the biggest
startup which is going to be the biggest startup you know ever and and that I got
startup you know ever and and that I got
startup you know ever and and that I got a bit tired of you know I’m doing this
a bit tired of you know I’m doing this
a bit tired of you know I’m doing this because because I’m I’m having fun doing
because because I’m I’m having fun doing
because because I’m I’m having fun doing it and I want to do it not because it’s
it and I want to do it not because it’s
it and I want to do it not because it’s a cool thing to do yeah i mean i
a cool thing to do yeah i mean i
a cool thing to do yeah i mean i remember Nick Denton of Gawker he used
remember Nick Denton of Gawker he used
remember Nick Denton of Gawker he used to say San Fran is a bit of a soulless
to say San Fran is a bit of a soulless
to say San Fran is a bit of a soulless city and I used to go to San Fran quite
city and I used to go to San Fran quite
city and I used to go to San Fran quite a bit when i started watchmojo just
a bit when i started watchmojo just
a bit when i started watchmojo just because that’s where a lot of the
because that’s where a lot of the
because that’s where a lot of the investors and all this were and ice
investors and all this were and ice
investors and all this were and ice aleve there I love San Francisco a city
aleve there I love San Francisco a city
aleve there I love San Francisco a city I love the people there but I would want
I love the people there but I would want
I love the people there but I would want to take a shower after I’d leave because
to take a shower after I’d leave because
to take a shower after I’d leave because it was a very one-dimensional city when
it was a very one-dimensional city when
it was a very one-dimensional city when I go to New York the good thing is as
I go to New York the good thing is as
I go to New York the good thing is as much as the tech and new media thing has
much as the tech and new media thing has
much as the tech and new media thing has taken off you know you’ll need artists
taken off you know you’ll need artists
taken off you know you’ll need artists you’ll need entertainers you’ll need
you’ll need entertainers you’ll need
you’ll need entertainers you’ll need bankers if they’re not you know laid off
bankers if they’re not you know laid off
bankers if they’re not you know laid off and it’s just there are so many
and it’s just there are so many
and it’s just there are so many successful people that nobody really
successful people that nobody really
successful people that nobody really cares in the grand scheme of things
cares in the grand scheme of things
cares in the grand scheme of things about the startup community and that’s
about the startup community and that’s
about the startup community and that’s frankly the whole thing of going to
frankly the whole thing of going to
frankly the whole thing of going to certain coffee shops and you can talk
certain coffee shops and you can talk
certain coffee shops and you can talk about your business in that coffee shop
about your business in that coffee shop
about your business in that coffee shop because you’re paranoid at the guy yes
because you’re paranoid at the guy yes
because you’re paranoid at the guy yes he’s gonna steal your idea all of that
he’s gonna steal your idea all of that
he’s gonna steal your idea all of that was was enough in the end but like you
was was enough in the end but like you
was was enough in the end but like you said it is you know there’s tons of
said it is you know there’s tons of
said it is you know there’s tons of activity tons of money tons of people
activity tons of money tons of people
activity tons of money tons of people that can help you out a lot of resources
that can help you out a lot of resources
that can help you out a lot of resources there for sure I mean nobody can deny
there for sure I mean nobody can deny
there for sure I mean nobody can deny that ok I want to talk about not in the
that ok I want to talk about not in the
that ok I want to talk about not in the house but you mentioned the word idea so
house but you mentioned the word idea so
house but you mentioned the word idea so let’s play a mini game of lightning
let’s play a mini game of lightning
let’s play a mini game of lightning round yeah what’s more important idea or
round yeah what’s more important idea or
round yeah what’s more important idea or execution execution for sure what’s more
execution execution for sure what’s more
execution execution for sure what’s more important team or product team ok what
important team or product team ok what
important team or product team ok what is more important today 2012 mobile
is more important today 2012 mobile
is more important today 2012 mobile first or still web because web is still
first or still web because web is still
first or still web because web is still a bunch bigger that’s a good one I’d
a bunch bigger that’s a good one I’d
a bunch bigger that’s a good one I’d have to say we’re right now ok what is
have to say we’re right now ok what is
have to say we’re right now ok what is the number one mistake again you could
the number one mistake again you could
the number one mistake again you could wear your final fuel had but the news
wear your final fuel had but the news
wear your final fuel had but the news could be your own as a disparar mound
could be your own as a disparar mound
could be your own as a disparar mound what is the number one mistake that
what is the number one mistake that
what is the number one mistake that entrepreneurs make when they talk to
entrepreneurs make when they talk to
entrepreneurs make when they talk to investors they don’t listen to the
investors they don’t listen to the
investors they don’t listen to the feedback what is the number one mistake
feedback what is the number one mistake
feedback what is the number one mistake entrepreneurs make with regards to
entrepreneurs make with regards to
entrepreneurs make with regards to hiring
they hire too fast okay do you believe
they hire too fast okay do you believe in the mantra of higher slow fire fast
in the mantra of higher slow fire fast
in the mantra of higher slow fire fast I’d say to ninety percent of that I
I’d say to ninety percent of that I
I’d say to ninety percent of that I believe do you believe in the whole fail
believe do you believe in the whole fail
believe do you believe in the whole fail fast pivot Lean Startup mantra how
fast pivot Lean Startup mantra how
fast pivot Lean Startup mantra how important is the revenue model early on
important is the revenue model early on
important is the revenue model early on like for the first six months you’re not
like for the first six months you’re not
like for the first six months you’re not that important okay good stuff anything
that important okay good stuff anything
that important okay good stuff anything else to add in the sort of like sound
else to add in the sort of like sound
else to add in the sort of like sound bite advice for words of wisdom from Ian
bite advice for words of wisdom from Ian
bite advice for words of wisdom from Ian Geoffrey beforehand up in house words of
Geoffrey beforehand up in house words of
Geoffrey beforehand up in house words of wisdom I put your shoes on one at a time
wisdom I put your shoes on one at a time
wisdom I put your shoes on one at a time no execute I mean it’s all about
no execute I mean it’s all about
no execute I mean it’s all about execution all right so last week we came
execution all right so last week we came
execution all right so last week we came and visited you at Nachman house so if
and visited you at Nachman house so if
and visited you at Nachman house so if you’re in Montreal okay let’s actually
you’re in Montreal okay let’s actually
you’re in Montreal okay let’s actually before diving into notman house I get a
before diving into notman house I get a
before diving into notman house I get a lot of entrepreneurs who email me and
lot of entrepreneurs who email me and
lot of entrepreneurs who email me and once they found out i’m in montreal
once they found out i’m in montreal
once they found out i’m in montreal they’re like very Montreal curious
they’re like very Montreal curious
they’re like very Montreal curious because what happens like when I’m in
because what happens like when I’m in
because what happens like when I’m in New York I’ll often go monday to friday
New York I’ll often go monday to friday
New York I’ll often go monday to friday or like whatever but i’ll come back a
or like whatever but i’ll come back a
or like whatever but i’ll come back a lot on like the thursday or friday
lot on like the thursday or friday
lot on like the thursday or friday flight your evening from laguardia to to
flight your evening from laguardia to to
flight your evening from laguardia to to montreal and there’s all these couples
montreal and there’s all these couples
montreal and there’s all these couples gay or straight not that it matters who
gay or straight not that it matters who
gay or straight not that it matters who are coming for like a weekend in
are coming for like a weekend in
are coming for like a weekend in montreal and they love it because for
montreal and they love it because for
montreal and they love it because for them it’s like europe and you know an
them it’s like europe and you know an
them it’s like europe and you know an hour flight it’s dirt cheap so there’s a
hour flight it’s dirt cheap so there’s a
hour flight it’s dirt cheap so there’s a lot of and the other thing of course is
lot of and the other thing of course is
lot of and the other thing of course is everybody assumes we have like stripper
everybody assumes we have like stripper
everybody assumes we have like stripper poles in our office because they come
poles in our office because they come
poles in our office because they come here for their stack of course yeah look
here for their stack of course yeah look
here for their stack of course yeah look right there there you go we all talk to
right there there you go we all talk to
right there there you go we all talk to the same one it’s not really a stripper
the same one it’s not really a stripper
the same one it’s not really a stripper pole the point is everybody likes
pole the point is everybody likes
pole the point is everybody likes Montreal it’s much cheaper to give you
Montreal it’s much cheaper to give you
Montreal it’s much cheaper to give you an example like i don’t want to say this
an example like i don’t want to say this
an example like i don’t want to say this because nobody wants to build a
because nobody wants to build a
because nobody wants to build a billion-dollar business by focusing on
billion-dollar business by focusing on
billion-dollar business by focusing on the cost it’s obviously on the revenue
the cost it’s obviously on the revenue
the cost it’s obviously on the revenue but like we have a 2,000 square foot
but like we have a 2,000 square foot
but like we have a 2,000 square foot office if you want to imagine where we
office if you want to imagine where we
office if you want to imagine where we are imagine like a Chelsea or Soho area
are imagine like a Chelsea or Soho area
are imagine like a Chelsea or Soho area in New York and imagine like an open
in New York and imagine like an open
in New York and imagine like an open space likes loft concept we pay for
space likes loft concept we pay for
space likes loft concept we pay for 2,000 square foot office two thousand
2,000 square foot office two thousand
2,000 square foot office two thousand bucks a month but yeah has stripper
bucks a month but yeah has stripper
bucks a month but yeah has stripper poles in okay but my point is it’s so
poles in okay but my point is it’s so
poles in okay but my point is it’s so ridiculously cheap that if life is a
ridiculously cheap that if life is a
ridiculously cheap that if life is a marathon and you know it’s a war of
marathon and you know it’s a war of
marathon and you know it’s a war of attrition like we can outlast any
attrition like we can outlast any
attrition like we can outlast any company and that’s great so everybody
company and that’s great so everybody
company and that’s great so everybody wants this idea of Montreal do you see
wants this idea of Montreal do you see
wants this idea of Montreal do you see you being in montreal because is it easy
you being in montreal because is it easy
you being in montreal because is it easy to attract companies in founder fuel or
to attract companies in founder fuel or
to attract companies in founder fuel or is it actually hard
is it actually hard
is it actually hard how much of that is because you’re in
how much of that is because you’re in
how much of that is because you’re in Montreal because you guys don’t really
Montreal because you guys don’t really
Montreal because you guys don’t really only draw from Montreal and real
only draw from Montreal and real
only draw from Montreal and real ventures doesn’t only invest in Montreal
ventures doesn’t only invest in Montreal
ventures doesn’t only invest in Montreal I’m pretty sure they invested everywhere
I’m pretty sure they invested everywhere
I’m pretty sure they invested everywhere and no I think there’s definitely a draw
and no I think there’s definitely a draw
and no I think there’s definitely a draw to the city people like you said it
to the city people like you said it
to the city people like you said it doesn’t matter if you’re new york or if
doesn’t matter if you’re new york or if
doesn’t matter if you’re new york or if you’re in the west coast and San
you’re in the west coast and San
you’re in the west coast and San Francisco la you say from Montreal
Francisco la you say from Montreal
Francisco la you say from Montreal people usually go oh wow I love Montreal
people usually go oh wow I love Montreal
people usually go oh wow I love Montreal so there’s definitely that draw of
so there’s definitely that draw of
so there’s definitely that draw of course I mean you know that the
course I mean you know that the
course I mean you know that the ecosystem is not the ecosystem of New
ecosystem is not the ecosystem of New
ecosystem is not the ecosystem of New York or San Fran but it’s changed a lot
York or San Fran but it’s changed a lot
York or San Fran but it’s changed a lot so we do get we do open applications to
so we do get we do open applications to
so we do get we do open applications to anyone in the world so doesn’t matter if
anyone in the world so doesn’t matter if
anyone in the world so doesn’t matter if you from the US Europe or or New Zealand
you from the US Europe or or New Zealand
you from the US Europe or or New Zealand you’re welcome to apply to founder fuel
you’re welcome to apply to founder fuel
you’re welcome to apply to founder fuel and will definitely consider your
and will definitely consider your
and will definitely consider your application but yeah it is a bit more
application but yeah it is a bit more
application but yeah it is a bit more difficult but that said we get hundreds
difficult but that said we get hundreds
difficult but that said we get hundreds of applications every time it’s a
of applications every time it’s a
of applications every time it’s a difficult process to select our teams it
difficult process to select our teams it
difficult process to select our teams it takes a lot of time and you know no
takes a lot of time and you know no
takes a lot of time and you know no matter where you’re from we’re not
matter where you’re from we’re not
matter where you’re from we’re not looking whether you’re coming from the
looking whether you’re coming from the
looking whether you’re coming from the US or coming from Canada doesn’t matter
US or coming from Canada doesn’t matter
US or coming from Canada doesn’t matter where you’re from okay so now if you’ve
where you’re from okay so now if you’ve
where you’re from okay so now if you’ve ever been to Montreal the city is the
ever been to Montreal the city is the
ever been to Montreal the city is the grid is very straightforward basically
grid is very straightforward basically
grid is very straightforward basically you guys have managed to identify this
you guys have managed to identify this
you guys have managed to identify this building that is very historic that was
building that is very historic that was
building that is very historic that was there like I’ve been in the city for
there like I’ve been in the city for
there like I’ve been in the city for since I was like five and you always
since I was like five and you always
since I was like five and you always spotted this big-ass mansion what is
spotted this big-ass mansion what is
spotted this big-ass mansion what is ghetto mansion it’s an old mansion on
ghetto mansion it’s an old mansion on
ghetto mansion it’s an old mansion on the corner of sherbrooke and st.
the corner of sherbrooke and st.
the corner of sherbrooke and st. Lawrence main which is really two of the
Lawrence main which is really two of the
Lawrence main which is really two of the key arturia it was an eyesore because
key arturia it was an eyesore because
key arturia it was an eyesore because nobody did anything with it I guess it’s
nobody did anything with it I guess it’s
nobody did anything with it I guess it’s a heritage building so people couldn’t
a heritage building so people couldn’t
a heritage building so people couldn’t just buy it and convert it into like a
just buy it and convert it into like a
just buy it and convert it into like a club or something let’s say no okay I
club or something let’s say no okay I
club or something let’s say no okay I guess that was the issue because that it
guess that was the issue because that it
guess that was the issue because that it would be a good amazing club so
would be a good amazing club so
would be a good amazing club so basically tell us a little bit about
basically tell us a little bit about
basically tell us a little bit about Notman house and what it is how it fits
Notman house and what it is how it fits
Notman house and what it is how it fits in the grand scheme of things so not min
in the grand scheme of things so not min
in the grand scheme of things so not min house is a co-working space that is
house is a co-working space that is
house is a co-working space that is managed by a foundation called the Osmo
managed by a foundation called the Osmo
managed by a foundation called the Osmo foundation people can rent a desk there
foundation people can rent a desk there
foundation people can rent a desk there or their offices there so right now real
or their offices there so right now real
or their offices there so right now real ventures and found in fuel were tenants
ventures and found in fuel were tenants
ventures and found in fuel were tenants in the building but there’s also you
in the building but there’s also you
in the building but there’s also you know at any given time there’s got to be
know at any given time there’s got to be
know at any given time there’s got to be between at the moment ten twenty teams
between at the moment ten twenty teams
between at the moment ten twenty teams working out of that house it’s also in
working out of that house it’s also in
working out of that house it’s also in an area for events that are load that
an area for events that are load that
an area for events that are load that are related to the tech space so if you
are related to the tech space so if you
are related to the tech space so if you have if you want to organize
have if you want to organize
have if you want to organize you know hackathon of any kind you can
you know hackathon of any kind you can
you know hackathon of any kind you can do it admin house we’ve had in the last
do it admin house we’ve had in the last
do it admin house we’ve had in the last year several hundred events already
year several hundred events already
year several hundred events already there so whether it’s Google or Nokia
there so whether it’s Google or Nokia
there so whether it’s Google or Nokia there’s been a lot of events there from
there’s been a lot of events there from
there’s been a lot of events there from big big corporations small corporations
big big corporations small corporations
big big corporations small corporations wave will had a hackathon there so we’re
wave will had a hackathon there so we’re
wave will had a hackathon there so we’re located there the founder field teams
located there the founder field teams
located there the founder field teams are located in the house as well and
are located in the house as well and
are located in the house as well and this is set to be the largest a tech
this is set to be the largest a tech
this is set to be the largest a tech co-working space in North America a big
co-working space in North America a big
co-working space in North America a big big house another zemke’s I yeah I don’t
big house another zemke’s I yeah I don’t
big house another zemke’s I yeah I don’t think in the 1850s yet and then in the
think in the 1850s yet and then in the
think in the 1850s yet and then in the back there’s this old nuns hospital that
back there’s this old nuns hospital that
back there’s this old nuns hospital that you gave us a tour of which is a bit
you gave us a tour of which is a bit
you gave us a tour of which is a bit creepy but it’s that’s amazing I mean
creepy but it’s that’s amazing I mean
creepy but it’s that’s amazing I mean cuz that hasn’t even been built up yeah
cuz that hasn’t even been built up yeah
cuz that hasn’t even been built up yeah so currently we’re just in the house and
so currently we’re just in the house and
so currently we’re just in the house and the mansion part and the back part like
the mansion part and the back part like
the mansion part and the back part like you said is an old hospital four stories
you said is an old hospital four stories
you said is an old hospital four stories high I think if my memory serves me well
high I think if my memory serves me well
high I think if my memory serves me well 30,000 square feet there’s 24 small what
30,000 square feet there’s 24 small what
30,000 square feet there’s 24 small what used to be rooms for the patients
used to be rooms for the patients
used to be rooms for the patients there’s only six ghosts living there now
there’s only six ghosts living there now
there’s only six ghosts living there now it’s amazing but just 24 of these rooms
it’s amazing but just 24 of these rooms
it’s amazing but just 24 of these rooms perfect for a two three person team so
perfect for a two three person team so
perfect for a two three person team so you can imagine all the activity that
you can imagine all the activity that
you can imagine all the activity that will happen once that opens up and in
will happen once that opens up and in
will happen once that opens up and in between they’re opening up a cafe open
between they’re opening up a cafe open
between they’re opening up a cafe open to the public where anyone can come in
to the public where anyone can come in
to the public where anyone can come in buy coffee and meet people and
buy coffee and meet people and
buy coffee and meet people and potentially team up with with with
potentially team up with with with
potentially team up with with with someone rent a space in the hospital
someone rent a space in the hospital
someone rent a space in the hospital portion work on the business for for
portion work on the business for for
portion work on the business for for three months six months get some
three months six months get some
three months six months get some traction talk to the investors who are
traction talk to the investors who are
traction talk to the investors who are located in in the mansion portion raise
located in in the mansion portion raise
located in in the mansion portion raise some seed capital and then you know
some seed capital and then you know
some seed capital and then you know really taking it up a notch little
really taking it up a notch little
really taking it up a notch little footnote trivia after Arcade Fire
footnote trivia after Arcade Fire
footnote trivia after Arcade Fire released the suburbs but before their
released the suburbs but before their
released the suburbs but before their big world tour and before they won the
big world tour and before they won the
big world tour and before they won the Grammy I think they played a mini show
Grammy I think they played a mini show
Grammy I think they played a mini show private apartment house but else before
private apartment house but else before
private apartment house but else before you guys took over yeah probably because
you guys took over yeah probably because
you guys took over yeah probably because pop montreal every year has their
pop montreal every year has their
pop montreal every year has their headquarters there so we’ve seen tons of
headquarters there so we’ve seen tons of
headquarters there so we’ve seen tons of man’s good stuff all right Ian thank you
man’s good stuff all right Ian thank you
man’s good stuff all right Ian thank you very much for coming by it was very
very much for coming by it was very
very much for coming by it was very informative so good luck the second
informative so good luck the second
informative so good luck the second cohort starts I guess next week yeah it
cohort starts I guess next week yeah it
cohort starts I guess next week yeah it starts on Monday we’re going with 11
starts on Monday we’re going with 11
starts on Monday we’re going with 11 teams and can’t wait strong cohort great
teams and can’t wait strong cohort great
teams and can’t wait strong cohort great businesses and demo day for the spring
businesses and demo day for the spring
businesses and demo day for the spring 2012 cord is May twenty-third yeah so
2012 cord is May twenty-third yeah so
2012 cord is May twenty-third yeah so we’ll actually be working watch modules
we’ll actually be working watch modules
we’ll actually be working watch modules gonna be a bit more involved I figured
gonna be a bit more involved I figured
gonna be a bit more involved I figured this would be
this would be
this would be like a lazy but actually smart way of
like a lazy but actually smart way of
like a lazy but actually smart way of getting more involved as a mentor so i
getting more involved as a mentor so i
getting more involved as a mentor so i get to bring everything together okay
get to bring everything together okay
get to bring everything together okay thank you very much it’s great what’s
thank you very much it’s great what’s
thank you very much it’s great what’s the URL founder feel calm I don’t feel
the URL founder feel calm I don’t feel
the URL founder feel calm I don’t feel calm all right good stuff you this has
calm all right good stuff you this has
calm all right good stuff you this has been hit Bonjour 28 see you next week
”
Be First to Comment