“I handed my badge to my boss and headed over to the Capital Factory kickoff party,” said Morales, who was a Web developer at the University of Texas.
“We weren’t charging because we weren’t ready to put a price on it, and we were worried our users wouldn’t pay,” Morales said. “But our mentors kept saying: ‘You’ve got people using your stuff, will they pay for it? Why not? What are you risking?’ So we took the chance, and now we’re selling reports.”
Check out the full article here.
Other Demo Day Press
Great Demo Day Photos on flickr. Watch the slide show!
VentureWire’s Capital Factory Debuts Five Austin Companies
Bill Solominsky’s Capital Factory Demo Day 2009
Chris Treadway with Tech Drawl Live Blogging from Capital Factory Demo Day
Bryan Menell with Austin Entrepreneur Network Capital Factory Showcases Its Inaugural Class
Killer Start Ups’ CubitPlanning.com – Filling Out NEPA Documents Quickly