By JP Mangalindan and Kurt Wagner
FORTUNE -- Five innovative startups showed up in Aspen, Colorado; one walked away victorious. Brainstorm Tech Startup Idol, the annual competition held during Fortune's technology conference, promises the winners a swanky office set-up worth thousands, courtesy of Herman Miller, makers of the iconic Aeron office chair. Meet the contestants, and find out which startup took home the title for Startup Idol 2013:
The pitch: This iOS app alerts college students about nearby users, called "matches," based on location and shared interests. Available at four schools including the University of Illinois, founders Cory Levy and Michael Callahan will roll out One to at least 10 other schools by the fall thanks to nearly $2 million in seed funding from Ron Conway, Keith Rabois, True Ventures, and other backers. Fun fact: Levy gate-crashed Brainstorm Tech three years ago. "I snuck in and sat next to Keith [Rabois] and connected with him," said Levy, who convinced Rabois to become One's first investor.
Judge's comment: "I would just add that the companies in this area that have taken off, like Tinder and Grindr have very specific use cases," offered Dana Settle, a Greycroft general partner. "I think it's hard to launch with a concept as broad as this."
The pitch: Launched in September 2011, OwnerListens helps customers leave feedback for business owners in safe, private interactions. Consumers use the app to text a message they want the business owner to see, and OwnerListens delivers the message, even if the business isn't on the platform, says CEO Adi Bittan. Businesses often respond within hours -- again using the app as a middleman -- meaning consumers get their voices heard, businesses get fewer negative online reviews, and changes can be made. Since its launch, OwnerListens has accumulated 2,000 businesses and restaurants in its database and has a slew of investors, including Menlo Ventures and serial entrepreneur Steve Blank to name a few.
Judge's comment: "There are a lot of companies trying to do this," pointed out GGV Capital partner Jeff Richards. "How will you get to a scale where you can build a business around it?"
The pitch: There are 400,000 full-time, accredited tour guides around the world who account for a $16 billion market, but just 5% of them have any online presence. Introduced this April, the bootstrapped San Francisco-based AnyRoad from well-traveled brothers Daniel and Jonathan Yaffe offers guides an online platform to list tours for one of six cities, from Tokyo to Rio de Janeiro. AnyRoad makes money by shaving a small fee from the customer and the guide but gives 5% back to local nonprofits. The startup plans to expand into Greece and Korea within the next two months and wants to be in 15 cities by summer of next year.
Judge's comment: "I like the idea of 'software-eats-travel guide booking," admitted Yahoo CEO Marissa Mayer. "And I think in terms of local and travel it's about how familiar you are with the market. I like that you've actually been to these places.
The pitch: A Jewish refugee from Soviet Russia, Nataly Kogan Kogan rolled out Happier last February, an app she describes as an "emotional bookshelf in your pocket." Users upload anything that makes them happy, from posts chronicling their small daily success stories ("I got a great parking spot!") to photos of their favorite foods or places. The Happier app is only the first step along the way, however, and Kogan hopes to build the business into a media company and lifestyle brand. In addition to "Happier TV" and "Happier Videos," Kogan envisions licensing Happier products, like clothes, cars, even a Happier airline.
Judge's comment: "I'm not sure Happier is a business that's easily defensible against others," remarked Casey Wasserman, CEO of the Wasserman Media Group.
The pitch: The problem facing many organizations sitting atop massive amounts of data is how to make any sense of it. Three years ago, Pamela Arya, then a vice president at the counterterrorism firm A-T Solutions, recognized and seized the opportunity. She co-founded Optensity with IT engineer Scott Zimmer and built AppSymphony, a product largely used within the Intelligence Surveillance and Reconnaissance, or "ISR," community by three clients to make sense of surveillance data.With it, clients can make decisions quickly without worrying about where the data is located, how it's formatted, and how it's changing.
Judge's comment: "It's a little murky who your customer base is," Settle commented. "I think you need to give a very specific use case. … Talk about your background, and offer a little vision of where it [Optensity] is going."
The winner: AnyRoad, by a landslide. As the Yaffe brothers put it at a Brainstorm Tech dinner post-victory, they have another challenge now: how to furnish their San Francisco offices with all that new Herman Miller loot.
Chosen by peers who know, better than Wall Street, that what Apple does is not easy
FORTUNE -- There's an elegiac tone to Adam ("Inside Apple") Lashinsky's essay in the issue of Fortune that names Apple (AAPL) the world's most admired company (as selected by its corporate peers) for the sixth year in a row.
"For some," Lashinsky writes, "the news will come as a surprise. Headlines of late have tended to MOREPhilip Elmer-DeWitt - Feb 28, 2013 5:38 PM ET
A cult figure among day traders issues a rare "buy" recommendation
FORTUNE -- With Apple (AAPL) trading just over $530 a share -- under 13 times last year's earnings and 10.56 times his estimated October earnings -- Bullish Cross' Andy Zaky on Thursday told his readers to buy:
"Those who have been waiting for a correction in Apple to buy the stock now have that opportunity to do so. On a technical MOREPhilip Elmer-DeWitt - May 18, 2012 7:25 AM ET
Andy Zaky has a plan
FORTUNE -- Most Apple (AAPL) analysts will offer estimates that look a few quarters or even a year in advance.
Andy Zaky is not like most analysts.
For one thing, his estimates over the past four years have been considerably more accurate than your average Wall Street analyst (see, for example, here).
For another, he's not afraid to stick his neck out -- way out -- both in his MOREPhilip Elmer-DeWitt - May 9, 2012 6:50 AM ET
From Jobs to Sculley to Spindler to Amelio to Jobs (again) and Cook
FORTUNE -- It's been seven months since Fabio Zambelli retired SetteB.IT, the Italian-language blog with which he'd been covering Apple (AAPL) for more than five years. But he's still tracking the company's progress. When Fortune released its annual listing of America's 500 largest companies over the weekend -- a list that showed Apple rising from 35 in 2011 to MOREPhilip Elmer-DeWitt - May 7, 2012 10:11 AM ET
The reporter who knew Jobs best discovers a trove of forgotten interviews
Rummaging through a storage shed after Steve Jobs' death, Brent Schlender came across a few dozen interview tapes he had made during 25 years of covering Apple's co-founder for the Wall Street Journal and Fortune. Some were as long as three hours. Some had never been transcribed.
Schlender drew heavily on those recordings to produce Fast Company's May cover story MOREPhilip Elmer-DeWitt - Apr 18, 2012 5:52 AM ET
He tops a list that includes Gates, Bezos, Page, Brin, Schultz and Zuckerberg
"Though he could be abusive and mean-spirited to people who threw themselves into their work on his behalf, Steve Jobs has been our generation's quintessential entrepreneur. Visionary. Inspiring. Brilliant. Mercurial."
So writes Fortune's John Byrne in the entry that named Apple's (AAPL) Steve Jobs the "greatest entrepreneur of our time," ahead of the founders of Microsoft (MSFT), Amazon (AMZN), MOREPhilip Elmer-DeWitt - Mar 25, 2012 8:00 PM ET
If you're in L.A. Thursday or Friday, join us at the Apple Investors Summit
We'll be speaking, along with Steve Jobs biographer Walter Isaacson, Apple (AAPL) co-founder Steve Wozniak, Fortune's Adam Lashinsky, Asymco's Horace Dediu, Bullish Cross's Andy Zaky, Posts at Eventide's Robert Paul Leitau, AAPLPain's Travis Lewis, The Street's Jason Schwarz and many more.
To register, click here.Philip Elmer-DeWitt - Mar 14, 2012 5:07 AM ET
The senior VP's chief weakness, writes Fortune's Adam Lashinsky, is his naked ambition
He's young (43). Comfortable on stage (played Sweeney Todd in high school). Has serious nerd credentials (Stanford, NeXT). Shares Steve Jobs' obsession with detail (keeps a jeweler's loupe in his office to check every pixel on every icon). And the division he heads -- mobile software -- drives nearly 70% of Apple's (AAPL) income.
"He's a sharp, down-to-earth, and talented MOREPhilip Elmer-DeWitt - Jan 17, 2012 5:29 AM ET
He mapped out a strategy to rescue the failing merger on a whiteboard in 2003
After a long meeting with Steve Jobs last year about what the iPad would mean for publishers, Fortune's technology editor Stephanie Mehta -- known to her colleagues as "Stephanie Telephony" when she covered telecommunications -- remarked that Jobs was a surprisingly astute student of other people's businesses, including hers.
Case in point: A story Brent Schlender, who covered MOREPhilip Elmer-DeWitt - Oct 25, 2011 7:05 AM ET
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