Archive for February, 2013

Entrepreneurs and Students Wanted ASAP!

Posted on February 27th, 2013 by AndrewHazenCom  |  No Comments »

Admittedly I have a MAJOR addiction….domain names and start-ups; there I said it!!

Over the past 17+ years I have been procuring domain names and creating multi-million dollar web-based business models. Some of these have been developed and are currently generating millions of dollars of annual revenue but many, many domain names and business models sit idle waiting for YOU and/or your contacts to come a long and take charge!!

So here’s what I am looking for…..

- You have a CAN DO attitude
- You are a Type A person that does not ‘turn on’ at 9am and ‘turn off’ at 5pm…
- You do NOT feel entitled to a one-hour lunch and five personal days a year….
- You don’t just talk a great game….you EXECUTE and get shit done!
- You love to part of a team that takes an idea and turns it into a PROFITABLE business
- While You need guidance, you do NOT need hand holding….
- You are ready to be compensated based on performance and growth!!

You can be a student, intern, part-time, full-time; whatever…I am open!!

I look forward to hearing from YOU or your contacts
@AndrewHazen

LaunchPad LI makes its 1st seed investment

Posted on February 19th, 2013 by AndrewHazenCom  |  No Comments »

LaunchPad Long Island, the new startup incubator and co-working facility in Mineola, made its first investment during its grand opening Monday evening.

Andrew Hazen and Richard Foster, the investors behind Long Island’s latest startup hub, announced they had agreed to make an investment into Hauppauge-based GroupGifting.com, a social gifting service started by the founders of Invision. While Hazen did not reveal the exact investment, he noted it was in the “low five figures.”

We kind of ran parallel paths as we grew both of our companies,” Hazen said of the GroupGifting.com team. I’ve seen them for well over a decade and know they have the ability to pivot where needed. You’re betting on the jockey in this instance, not necessarily the horse.

This is the third contribution to GroupGifting.com Hazen has made, first personally investing in the company and then investing through the Long Island Angel Network. In total, he said his contributions to GroupGifting.com totaled more than $100,000.

With the latest investment, GroupGifting.com has officially closed its initial angel financing round, which was oversubscribed and brought in more than $1 million. The company, which privately funded itself for its first 18 months, now plans to use the cash infusion to grow its eGifter social gifting service.

Despite the LaunchPad investment, the GroupGifting.com team will not be relocating to the new Mineola facility, opting instead to stay in Hauppauge at the Long Island Tech Mall.

But the next few investments by the LaunchPad seed fund will likely bring the startup companies under the same roof in Mineola, Hazen said.

Hazen and Foster have already received 50 applications from startups seeking funding. Hazen said the duo will likely set up biweekly pitch sessions, at which time startups can give presentations in hopes of scoring some capital and some new office digs.

Open article as a PDF

Long Island’s First Seed Accelerator and Coworking Community LAUNCHES!

Posted on February 18th, 2013 by AndrewHazenCom  |  No Comments »

MINEOLA, New York February 18, 2013 – Long Island’s first seed accelerator and coworking community for early stage ventures has launched! LaunchPad Long Island (www.LaunchPadLI.com) is a 12,000 square foot entrepreneur community at 55 Mineola Boulevard, Mineola, NY which is at the Mineola train station and 35 minutes from New York City. Eric Trump, EVP of Development and Acquisitions at the Trump Organization as well as a Task Advisor and Boardroom Judge on The Apprentice and Mineola Mayor Scott Strauss spoke at the Official Launch Party on February 11, 2013, you can see pictures of the Launch Party on facebook.

LaunchPad Long Island will underwrite at least $250,000 in stipends for Long Island-based startups with guidance from two successful entrepreneurs with startup experience. LaunchPad LI was created to help great entrepreneurs improve the odds of startup success and build successful companies on Long Island! The core mission of LaunchPad LI is to:

• Rapidly launch ideas & concepts that have low startup costs and minimal barriers to success
• Create an entrepreneurial community that fosters collaboration & innovation
• Mentor entrepreneurs and assist them with taking their idea/business to the next level
• Seed the startup of many, many Long Island companies & accelerate their growth
• Inspire entrepreneurs with our Hofstra Zarb Business School Speaker Series
• Create jobs on Long Island

The first of three floors at LaunchPad is the RMF Flight Deck; 2,200+ square feet of open coworking space and a conference room designed for innovation, collaboration and success. Startups and other entrepreneurs can work in this space for as little as $15/day or $250/month. The second floor is more than 6,500 square feet and contains event space sponsored by Bethpage Federal Credit Union (for weekly speakers, mentor meet-ups, Pitch Contests, LISTnet events, Hackathons and more), conference rooms sponsored by Stony Brook University and KPMG and 13 private office suites ranging from $650 to $1,500 a month. The Lounge downstairs, sponsored by Bethpage Federal Credit Union, is for releasing stress as it’s filled with ping pong, foosball, a pool table, plasma tv, an ‘Trep library, couches and more. From writeable walls to bright creative décor, supersonic wifi and a full service 1,500 sq ft LaunchPad Café in the building, businesses will without doubt ignite and soar to new levels at LaunchPad!

LaunchPad Long Island is the brainchild of Andrew Hazen and Richard Foster, both raised on Long Island.

Andrew Hazen, an angel investor, serial entrepreneur, attorney and admitted domain name & startup addict twice sold the Internet marketing company he founded on Long Island. He has also made the INC List of Fastest Growing Companies in both 2007 & 2008. He is now the CEO of Angel Dough Ventures and Of Counsel to Ruskin Moscou Faltischek. Hazen is also the Founder of LI Startups and sits on the Board of LISTnet, the Long Island Angel Network, LI Tech COMETS and rockCANroll.org. Ironically, Hazen started his company in LISTnet’s incubator at Briarcliffe college and now LISTnet and LI Tech COMETS will be moving into Hazen’s LaunchPad.

Richard Foster is a 23 year old gifted entrepreneur who holds seven U.S. Patents for products that have been distributed in fifteen countries and has been named the “Youngest Entrepreneur” by the New York Times. Foster currently serves as the President of Foster Management & Holdings which has over a dozen portfolio companies. Foster also sits on the board of the Long Island Angel Network. “From seed funding, to a prime location for entrepreneurs to grow, to premier event space, LaunchPad has it all,” Foster stated.

“LaunchPad represents a unique collaboration among a broad spectrum of Long Island talent,” comments Michael Faltischek, Chairman of the Long Island Angel Network. “We look forward to supporting the business concepts to be developed at LaunchPad,” Faltischek added.

Hazen & Foster partnered with the Levine Family, owners of the LaunchPad property as well as L&L Paint, a prominent Long Island business for more than 30 years. Michael, Marni & Ross Levine “wholeheartedly believe in LaunchPad LI and the importance it presents to Long Island.”

According to Peter Goldsmith, President of LISTnet, “Long Island’s startup community has the LI Angel Network, COMETS and talented young people with ideas ready to become businesses, but it was missing the place where all this can hatch and take off. Andrew & Rich through LaunchPad LI have provided that missing spark plug that will ignite LI’s Startup Community.” Mineola Mayor Scott Strauss thinks “it’s a great concept and it fits perfectly with our plans to revitalize and reenergize our downtown.”

Long Island startups and early stage ventures have already responded with overwhelming enthusiasm to LaunchPad Long Island as more than 24 companies such as DormFunding, CollegeStartup.org, TurboRoster, Dedicated eMails and RingLead are already inquiring about taking space and a Mineola-based startup has already signed-up for a private office suite! Moreover, Hofstra University, Stony Brook University and Touro Law Center, three major colleges on Long Island, along with Bethpage Federal Credit Union, LISTnet, Ruskin Moscou Faltischek, Eisner Amper and EGC Group are all supporting LaunchPad Long Island.

For additional information please visit www.LaunchPadLI.com or contact Andrew Hazen at andrew@LaunchPadLI.com or 855-8-LAUNCH.

Long Island Startup Digest – 5th Edition

Posted on February 4th, 2013 by AndrewHazenCom  |  No Comments »

Good morning, Long Island Startups!

Welcome to our fifth edition of Startup Digest – Long Island.

With LI Startups, LISTnet and LaunchPad ‘lifting off’ next Monday 2/11, there is LOTS of startup activity going on within Long Island!

DormFundingDormFunding.com allows student entrepreneurs to raise money through donations from family, friends, fellow-students, alumni and corporations. DormFunding connects student startups with other students, alumni and corporations – gaining the connections, mentoring and funding necessary to get their companies off the ground.

LiquidText.net – I met Craig Tashman, founder of LiquidText.net, this week at LaunchPad Long Island and was BLOWN AWAY by LiquidText’s technology and simply-use! LiquidText is a multi-touch document manipulation system that provides a uniquely flexible environment for active reading — the focused, critical reading we do when we highlight, annotate, flip between pages, compare documents, etc. Check out these demos – http://liquidtext.net/demos/

TurboRosterTurboRoster is an online management application for Fitness Centers, Continuing Education Courses, Exercise Studios, Martial Arts Classes, and more. Through our registration platform, your members can register and connect to their social media outlets increasing enrollment while marketing your location.

Upcoming Events

February 6, 2013: First-To-File: Is Your Company Ready for the Upcoming Changes to the Patent Laws?
A collabroative event to discuss how the next wave of changes by the America Invents Avt will affect you and yor business. Learn more and register here.

February 11, 2013: LI Startups and LISTnet’s Lean Startup group have speaker Kuty Shalev of CleverTech presenting on Exploring Practical Examples of Using Lean Startup in Real World Examples. You can join at LI Startups or LISTnet’s Lean Startup group

February 11, 2013: LaunchPad Long Island “LAUNCH PARTY” Please join us as we “launch” LaunchPad Long Island, our 12k sq foot business accelerator and coworking community in Mineola, Long Island with special guest Eric Trump from the Trump Organization and trusted Board Advisor on The Apprentice. Hors d’oeuvres & Cocktails will be served. Please visit www.LaunchPadLI.com if you want to attend the LAUNCH PARTY

February 12, 2013: LISTnet’s BEST Event – The “BEST” Resources for Your Company’s Growth! We’ll help put the pieces together. Funding, IDA Programs, Start-Up Programs, Economic Development
The Garden City Hotel 6 pm – 8:30 pm Register Here

You can submit your startup or your event to andrew@LIStartups.com for consideration in next week’s digest.

For newcomers: The Long Island StartupDigest is an events list, created by entrepreneurs for entrepreneurs, that is laser-focused on the needs of start-ups on Long Island.

* StartupDigest is a simple, curated resource for entrepreneurs, it was recently acquired by Startup Weekend and has more than 250,000 international subscribers.

Please send feedback to andrew@LIStartup.com

@AndrewHazen