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15 March 2011

ReadWriteWeb: ReadWriteStart Weekly

Brewed on the Startup Bus En Route to SXSW: Lemonade Stand

It's easy to be dismissive about something like Startup Bus, where teams of hackers build and launch their projects over the course of the bus ride to South by Southwest. There's only so much you can do, of course, in such a short period of time, thrown together with strangers and with limited resources. Add to it, in this case, you're then thrown if you will into the din and the buzz of SXSW where it's next to impossible to get your startup seen or heard.

But the group that came together to form Lemonade Stand have lived to tell the tale. After five days building their product as their bus made their way from New York to Austin, the group has a working prototype, an app in the Android Store, an API with outside developers, and interest from potential investors. That's a fairly big win.


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Strategy Roundtable For Entrepreneurs: Spotlight On India

For this week's One Million by One Million roundtable, we teamed up with the Indian Angel Network (IAN).

First up, Nimesh Khiara from Mumbai, India, discussed StopWaitin, a restaurant reservation system that includes managing waiting lists and is similar in concept to OpenTable. Nimesh has a couple of corporations that are interested in beta testing his solution to offer corporate discounts to their workforces, and a few restaurants are also interested.


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Should Your Startup Offer Virtual Internships?

We've written several times here at ReadWriteStart about the benefits - for students and for startups - of offering internship opportunities. Almost 70% of college students say they plan to pursue an internship while in school, a smart move considering that recent figures show that 90% of direct-from-college jobs will go to students who've had internship experience.

Just as students have expressed an interest in pursuing internships, many startups are also keen to identify potential interns, and there are several companies, including YouTern and InternMatch that work to place students with startups and not just with large, established companies. Internships are a great way to identify (and recruit) young talent.


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