The other most excellent tenant is Brad Stewart and the team from Paymail. My good friend Bruce Nolan introduced Brad and I at BarCamp last weekend. Brad is an awesome guy that brings a wealth of talent and a Nintendo Wii (woo hoo!!) with him to TheCodeFactory. Brad is also a very entrepreneurial guy and will be in the private team space area with his team of 4 people. In order to fund his adventure Brad raised money by flipping a house, how cool is that. If your are entrepreneurial handy (as Red Green would say) and looking to raise money house flipping is a new and innovative fund raiser. With his Handyman skills I thought Brad would also be an excellent guy to make part of the fit up team and board of directors to keep the tenants priorities first and foremost. That’s right; the first member of the board of directors is a tenant.
I also meet with someone this week to get some ideas on how to implement an admissions committee to review applications for private team space.
Had hoped to make the funding successful announcement today, however, there is one last funding duck that has proven to be quite elusive. With some good fortune this will be my first breaking news item next week.
Partner building continues. I am currently recruiting 6 – 8 founding partners that will contribute cash to the treasury, credibility to the project and much needed services. Again with even more good fortune I hope to have another announcement or two next week.
I have also found a number of excellent articles on innovation and commercialization that I plan on blogging about here real soon. The first post will be on something I am going to call “Lean Innovation” and TheCodeFactory is essentially an exercise in lean innovation. Just checked Google and it turns out the term already exists and there is actually a Lean Innovation Institute, anyway that just means it is probably a good idea.
Have a great weekend,