GEARS TURN FOR STARTUP WEEKEND

Written on the 6 July 2015 by Laura Daquino

GEARS TURN FOR STARTUP WEEKEND STARTUP Weekend Brisbane is calling for local entrepreneurs, developers and designers to take part in its startup crash course, for the benefit of becoming part of the world's largest entrepreneurial community network.

Startup Weekend Brisbane's 2014 winner Christopher Drake (pictured above), founder of CarValues.co, says the weekend was 'one of the best experiences' of his life.

Local leaders in the startup space lend their expertise in critiquing and judging participants, such as River City Labs founder and managing director Steve Baxter (pictured right).

River City Labs will this year host the initiative between July 10 and 12, a weekend delivering participants lessons in pre-pitching, design, launch and evaluation.

Drake says he came to Startup Weekend with a simple idea and has since turned that into a platform that allows people who are looking to sell their car find the best place to sell it and how much to list it for.

"Unlike university, where it is all talk and no action, Startup Weekend takes you out of the building and has you talking to potential, paying customers," says Drake.

"It's all about validating your business idea, and making sure you are actually creating something that the market wants - not just wasting your time building something that has no business context."

Drake's business is existing in the very real business context of used cars, which he says is a 'very difficult environment to navigate'.

"I came up with the idea because I needed to buy a car, tried to find the cheapest place to buy one, then manually pulled information into a spreadsheet from lots of different sources and found in Melbourne I could buy the same car for a couple of thousand dollars cheaper  - so I flew to Melbourne and drove it back up to Brisbane and still saved money," he says.

"We pitched the idea at Startup Weekend Brisbane last October as a bit of fun, we then won and started to gain traction.

"Since then, CarValues.co has had discussions with a number of major car listing platforms and large car dealers which has helped us validate our business model further."

During this time, Drake also dealt with the blow of a cease and desist letter from Carsales.com.au.

"Startup Weekend shifted our thought process and we have since changed the business model and identified a much bigger issue at play in the process that we were missing with how we were formerly operating," says Drake.

"Now we are trying to build up a dataset of publicly available information using algorithms. 

"This information is typically held by one or two of the car dealers and we are currently in talks to legally obtain the information."

With regards to the broader picture, Drake says this process has in turn raised bigger questions about who actually owns car data and information found online.

"In the same way there are interesting issues surrounding ownership on social media, this extends to platforms like online car databases - who owns the information once you upload it online? Is it you or the dealers? Is it illegal when someone uploads something and someone else takes it?" says Drake.

Prize packages will be awarded to standout startup pitches.

Live tweets across the weekend can be found by following the official @RiverCityLabs account and the #SWBNE15 hashtag.


Author: Laura Daquino Connect via: Twitter LinkedIn

Latest News

STAFF CHURN BLAMED FOR MCGRATH EARNINGS DOWNGRADE

MCGRATH will fail to meet earnings forecasts after some of its star real estate agents defected to growing Perth firm...

MCBAIN RESIGNS AS BELLAMY'S DIRECTOR WHILE THIRD CLASS ACTION MOVES CLOSER TO SECURING FUNDING

LAURA McBain (pictured) has resigned as a director of Bellamy's Organic (ASX: BAL) today, effective immediatel...

REDBUBBLE TO MISS IPO FORECASTS

REDBUBBLE, the online marketplace for independent artists, will miss a series of forecasts set out in its IPO in its ...

BLUESCOPE CONTINUES STRONG RUN WITH GUIDANCE UPGRADE

BLUESCOPE Steel (ASX: BSL) is trading up 7.51 per cent at $11.16 per share after upgrading its half-year guidance thi...

Related News

CARSALES CEO RETIRES AS NEW COMPETITOR COX FINALISES MERGER

CARSALES will have a new CEO as it takes on a fresh challenger to its crown as the dominant online car sales portal i...

BUSINESS CONFIDENCE AT A SIX-YEAR HIGH

SMALL and medium businesses have entered 2017 with their confidence at a six-year high, building on strong gains m...

CONSUMERS PESSIMISTIC ENTERING 2017

CONSUMER confidence remains at its weakest point since April 2016, according to the latest Westpac Melbourne Institut...

RISE OF STARTUP SUPPORT PROGRAMS NOT AS ROSY AT IT SEEMS

ENTREPRENEURIAL cultivation companies in Australia are appearing quickly, but questions have been raised about whe...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter