YouTube Co-Founder Steve Chen delivered a message to 31 startups pitching at the Plug and Play Summer EXPO – “Be bullish. Go where other people are saying no, because if they are saying yes, it’s already been done.” Indeed the startups that presented today are all working on innovative solutions in the Digital Media and FinTech space, both considered to be rapidly evolving sectors of technology innovation.
Apple recently updating their Terms and Conditions to provide more wiggle room for apps that transact in digital currencies like Bitcoin. Many FinTech startups, some of which presented today, will no doubt resubmit their apps to test the new boundaries of Apple compliance as they continue to pioneer new ways to transact online. One particular advantage to FinTech is avoiding the fixed fees and premiums charged by credit card companies. There’s actually quite a bit of overlap there with digital media startups which have been searching for a way to harness the long tail of micro-publishing. By avoiding transactional costs associated with traditional ecommerce, they can provide a way for content creators to charge very little for morsel sized tidbits of text, video, and audio. Image, for example, a model where bloggers can charge $0.01 per view, or a video creator can charge per second of video viewed.
The Sunnyvale Accelerator, founded in 2006 and now with over 250 portfolio companies, organizes the quarterly EXPO to show off the latest, hottest startups from their three vertical accelerators. Today’s EXPO focused on Media and Fintech startups, but Plug and Play also has accelerators devoted to Brand and Retail, and Internet of Things startups. At the end of each EXPO, a panel of judges from Plug and Play’s pool of Corporate and Venture Capital partners select the top three startups.
Plug and Play EXPO Winners!
With @Mainframe2 you can run any app in any browser.
@Blinkdotla is a real time location and networking platform connecting media companies with freelancers around the world.
@PaperG is a cloud-based ad platform to scale creatives across devices, formats and volume.
Plug and Play EXPO Finalists
@rightrelevance provides tools to find the info you need through influencer communities.
@Vioozer is an anonymous crowd-sourcing platform for event-based questions in real time.
@NewzSocial is an Outbound Social Media Marketing platform.
#AugoTV is a mobile app that uses augmented reality to turn television into a real-time interactive competition.
@getadstage builds tools to help businesses advertise easily. Use AdStage to build, deploy & manage campaigns on Google, Facebook, Bing & LinkedIn.
@videntifier is a video and image search engine that uses visual and audio cues to help users find content.
@CapshareMedia is a mobile app for creating and sharing Multimedia content. Capture the Story and share the full experience.
@Dabkick created an app to watch videos, show photos, and listen to music together with your friends live…while you chat and talk.
@MyScienceWork is a scientific platform for the dissemination of scientific knowledge in open access
@skimotv is a video summarization engine that can take any video and create a short highlight reel.
@meograph is a multimedia mixing/storytelling platform for everyone, everywhere. . Create content mashups to tell stories!
@Bitcovery is a micro rewards program with a social discovery layer for apps, games, music, books, and more.
@SolidSoundLabs is full studio sound for your ear buds. Customize and improve your headphone sound quality.
@Cinova_CRUNCH delivers the best consumer video experiences in the least bandwidth and at the lowest delivery cost!
#Mobilender.mx is a peer-to-peer mobile lending platform for emergency, short-term, micro loans for the college sector.
@PurseIO is bringing value-added services to Bitcoiners to incentivize spending.
@noveltylab’s Holy Transaction is a universal multi-currency wallet for digital currencies.
@PeerPalco is an authentic peer-to-peer exchange for Bitcoin.
@37Coins is a low-tech no bank Bitcoin Wallet that works with #SMS.
Later Stage Portfolio Showcase
@Flipora is an AI based recommendation engine that learns what you are interested in then recommends websites based on your mood. #plugin
@xAdInc helps brands harness the power of accurate location data to produce measurable results from mobile advertising.
@News360 provides all the current news, both global and local, in a stream customized and tailored just for you.
@WeVideo is a video storytelling and collaboration software accessible to anyone anywhere.
@CreditSesame offers free, no-strings attached credit scores along with highly qualified related offers.
The Media & Mobile center of Innovation is a strategic Plug and Play initiative to create the leading global platform for media innovation by connecting forward thinking corporations with startups and technologies that are disrupting existing media business models and user experiences.
Plug and Play Bitcoin is a 12-week acceleration program housed in the heart of Silicon Valley. Selected companies are building financial technologies that will disrupt the way we use money across the globe. Through a competitive process, we select three batches of companies to enter the program every year.
Both programs are currently accepting applications for their upcoming sessions.
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