Thinking Digital

Braci - Smart Ear:

we convert sounds into alerts for people who can't hear well

City Falcon:

We create personalised financial news from multiple sources, and give you personalised news alerts and summaries

you can ask alexa and get a news summary from us, or we have web, android and IOS apps too

we want to work with partners, fintech companies, SMEs and more to personalise feeds

http://www.cityfalcon.com/invest to pledge £10 for our next financing round

q:

you have some traction, how do you scale up?

City Falcon:

we're looking to raise £1m round through crowdfunding and investors soon

clients like BNP Paribas are already paying us, and we expect to go cashflow positive this year

it's natural language processing so you can ask a wide range of questions

Kraken IM:

we are here to solve a problem you have never heard of - Engineering information

the most expensive thing on earth is a £56B building in Australia - it was only supposed to b £39B

we have made Halcyon to allow engineering teams to communicate information while working such huge engineering projects

about 4% of engineering projects is wasted due to poor information, adding up to $1B

we are working with huge oil projects and other engineering firms

q:

does the industry acknowledge the problem - how do you tell the story?

Kraken IM:

the standards body I sit on has shown the collaboration is necessary between these large oil companies

q:

how do you prove it to companies?

Kraken IM:

we give you a platform to explain what is happening. Worst case is benign for them

Oystext:

we are tackling the lack of communication in different business sectors by translating automatically

we have a product, and a technology platform behind it to translate between multiple languages

we are releasing a private beta of English/Spanish translation which is working with 4s turnround

once we have ti working we will release packages fro different sectors - tourism, business, conversation

our team is completely international

q:

does it rely on third parties?

Oystext:

we are testing 3rd parties against our system to check their accuracy

we have 9000 users already

ParkRobo:

motorists in the uk spend 4 days per year looking for parking spaces; average parking time is 25 minutes

information is not readily available, and there are multiple options to park

we collate parking info into an app and make it easier to find the best space.

25M people in the UK spend an average £47/year on parking

there are information focused startups and payment focused ones, wee want to combine them

we're at parkrobo.com

Prolifiko:

there's more pressure on us to write than ever before, with twitter, facebook and blogs crying out for content

our digital productivity coaching system helps anyone who wants to write complete their writing projects

we don't do software, we do productivity and goal setting - like a fitbit for writers

http://www.prolifiko.com is based on a real problem for writers - sticking and finishing a project

we have had a prototype in the market since january - 25% completed a 5 day writing process.

Are you ready to write?

q:

I'm a serial procrastinator, will this help me to stop avoiding things?

Prolifiko:

it's not about software, but about well designed encouragement

we have had people paying for 6 weeks - some use it for one project, others use it several times a week

q:

what si your most successful nudge?

Prolifiko:

it's about drawing people into a community, measuring their own practice and sending them emails

they feel accountable to us, through psychology

Tristan Watson:

technology isn't just about business but about changing our behaviour - this next app fits that

Sober Social:

9000 people will die from alchohol this year, costing £21B a year

NHS estimates 14% of adults show some kind of alcohol dependency, but only 1% ask for help

our platform lets you sign up anonymously and get peer support from a community

we help you share how thinsga re going, measure recovery, support others, celebrate milestones and find others

we're in a closed beta with a small user group. We plan to use machine learning to prompt interventions

I've done work with the NHS to build software to treat patients, and I wanted to broaden it

q:

how do you monitor incorrect advice and guidance?

Sober Social:

it's community driven now, without employee moderators, but we do have moderation tools

TrendListr:

TrendListr is an online marketplace for business clothing

trends used to trickle down slowly from fashion to the mainstream, but the net can speed that up

we're a curated marketplace, so sellers have to apply to be listed

we take a small commission, and have no listing fees. We have an easy 1 page listing process

80% of people accessing our platform are on mobile, so responsive design is key

we had a soft launch in February, relaunching next week

I've been a vintage trader for 3 years, so I can get started with my own stock

q:

how do you differentiate from Etsy?

TrendListr:

etsy changed their terms of service and opened the floodgates and it lost the quality filter - we curate for quality

I plan to promote using content marketing to the vintage community

TryLife:

we have an episodic show to encourage young people to make good choices in their lifes http://www.trylife.tv/

by 3 episodes we have 9 million followers on facebook - grown organically

you view the films on our website, with facebook for the community - they are screaming out for merchandise

I need a social media team and merchandising team to take advantage of this organic growth

we have a series of other film stories planned

we need to communicate with young people who make emotional decisions

YellowLabel:

commercial food waste is a global issue - in the UK we waste over 200,000 tons of food

marked down food is usually marked with a yellow label

our app shows nearby stores with marked down food for them to buy

we integrate with supermarkets stock management systems - we help them reduce waste and bring shoppers to them

the app is free to download, there is a subscription and we expect to sell data too

supermarkets have reducing food waste as a major KPI, and are looking for solutions

supermarkets don't have a way to advertise things in this time sensitive way

food charities deal with waste at the end of the day, we deal with it during opening hours

it's populated by supermarkets stock managment systems via an API - EPOCs guns to SMS to us

Tristan Watson:

go to tdcncl.com/vote now to get them to finalists

when I my wofie heard I was investing in a dating app for beards, I had a lto to explain

John 🌈 Kershaw:

my story begins with bristlr - I invented a joke to connect those with beards to those who want to stroke beards

this took off by surpise, and so I joined ignite.io - I found saying "tinder for beards" to investors didn't last long

there used to be tens of thousands of dating websites out there, but they collapsed with the rise of apps

if you were match or tinder great, but if you are "lonely norfolk farmers dot com" there is no SaaS for you

we fixed this with M14 industries to make a niche dating app backend for you http://m14.industries

I could tell you all the good things, but I'll tell you how I fucked up instead

I have guided everythign with a post-it note that says "why will it fail?"

you need to keep looking for the holes in your startup boat that would make you fail, and patch them

there are only 2 problems with startups: 1)other people 2)myself

1st problem: no traction - everyone keeps app ideas secret, whereas telling people gets you feedback

2nd problem: investors don't care - most don't care about what you do. talk to enough to find one that cares

3. your chosen industry sucks - we found this with the dating industry - it's full of smoke and mirrors

you can turn this into a strength by identifying the things that are the worst and embrace it

5th problem: I am bad at CEOing - software skill and CEO skills are different

being a CEO is really really hard - skip it with less then 10 people.

Burn Out is a really big problem. I've burnt out several times on bristlr and m14

my first diary mention of burn out began 3 months into bristlr

I wouldn't say I was enjoying my job, but that I wouldn't have any other job

Bristlr and M14 went on Dragons Den earlier this year, and we didn't fuck it up

Dragons Den was hen on Goggle Box, and that was even weirder

between applying to Dragon's Den and appearing on it, I had 2 birthdays

Tristan Watson:

the level of self awareness that John has in this is unusual - you step back and analyse and stay honest

John 🌈 Kershaw:

Trying to be open and honest works if we all do it, but when they don't fit it's hard

if an investor says a really bad idea is a really good one, you need to nod anyway

Tristan Watson:

what is the key mistake you'd avoid?

John 🌈 Kershaw:

don't do B2C, it's a fucking nightmare - you can get a lot of press, but very hard to get customers

the best business model is a B2B service where you make what costs a hundred grand and sell it for a hundred quid

Tristan Watson:

I like the idea of babies born as a KPI

John 🌈 Kershaw:

Bristlr averages one wedding a month - that's a pretty good indicator

i find fundraising incredibly stressful, as it means I leave my company alone for a bit while I pretend to be friendly

Tristan Watson:

so now you're doing the sales for m14?

John 🌈 Kershaw:

no, I hate the sales, clients are the worst. I have got quite good at public speaking though

delegating is the biggest thing that I continue to fuck up. I will trust someone else but sit there bricking it

the key thing is to hire the right people, and I have had a lot of trouble finding people that I want to work with

Tristan Watson:

the judges vote is for @braciinc and the people's vote with 32.5% of votes cast is @Oystext they're in the final