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An exclusive newsletter for students interested in startups and entrepreneurship at UT Austin.
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TUESDAY, NOVEMBER 15, 2016

Last week, we started talking about 'Tim', a pseudonym for the McCombs dropout who hinted very heavily at his startup's plan to leave Austin for California in the not-so-distant future. He insisted that California offers a much friendlier culture for consumer startups like his, and at the time, asked me to keep his identity secret, because the move wasn't 100% finalized.  

  • Guess who: 'Tim' is actually a former MIS major named Chris Prinz, the Co-founder of Tether, a social app that helps students find organizations on campus. Alongside CS sophomore Carey Janecka, the pair left UT to go all in on building their app last Spring. Around 8:00pm yesterday, Chris posted a Facebook status notifying friends that his West Campus apartment is currently up for sublet.  
  • And then there were two: Turns out that Tether is making the big move out to Los Angeles after all, but Chris won't be tagging along – last night, he informed me that he's officially resigned from Tether. What's next for Chris? "I'm going to stay in Austin doing freelance photography, web design, and whatever other odd jobs I can find before my big break," he tells me. "Or at least that's the plan right now."
I'm not at liberty to disclose the details of the split between Tether's co-founders. But here's some food for thought:
  • Startup life isn't what it seems: Tether's story underscores a larger issue related to the way we tend to perceive entrepreneurship: people tend to fall in love with the idea of becoming an entrepreneur, instead of with the problem they're trying to solve. Even more significant is the psychological toll that can accompany the choice to drop out of school. I've had several friends comment on how isolating it can be when they need to go off the grid for weeks at a time to focus on their startups.
Respect to Chris and Carey for forging their own paths. I'm looking forward to hearing awesome things from each of them in the future. 

See you next week. In the meantime, scroll down for Clarissa's list of events, and consider forwarding this e-mail to a friend :)

-- Kelsi

THIS WEEK'S EVENTS, BROUGHT TO YOU BY CLARISSA
Featured: Idea to Product Competition 2016

Wednesday, 11/16 • 4-7PM • Peter O'Donnell Junior Building
Come support student tech entrepreneurs, and maybe grab an idea or two for your next venture. The Innovation Center at the Cockrell School of Engineering invites you to watch student teams compete for fame, glory, and $6,000.


Design Lecture Series: User Experience Designer Lisa B. Woods

Tuesday, 11/15 • 2-3:30PM • ART 3.402
This one's happening soon, so don't miss it! User experience (UX) design is the process of creating user satisfaction through digital interaction and accessibility, and great UX is key to any successful product. Come learn from an expert, who's design experience ranges from book covers to digital campaigns. 

MongoDB Mix & Mingle
Tuesday, 11/15 • 5:30PM • MongoDB Austin Office
MongoDB is a NoSQL database startup that's valued at over $1B and serves high-profile customers like Buzzfeed, eBay, and the FCC. They're looking to meet YOU, so hop on that bus and get to their office for free drinks, networking, and conversation with their tech team. 


Capital Factory HealthTech Panel: The Future of Healthcare
Thursday, 11/17 • 12-1PM • Capital Factory
Top figures from Baylor Scott and White, Dell Medical School, and NeuroTexas Institute Research Foundation will make up this panel. Be sure to stick around afterwards for lightening-round mentor sessions with the most influential entrepreneurs, VC's, execs, and mentors in the HealthTech community.

Think Big! with Mike Maples, Jimmy Treybig, & Brett Hurt
Monday, 11/21 • 3-5PM • Alamo Drafthouse Ritz
Mike Maples founded a startup IPO now acquired by IBM before becoming a full time investor with investments in Twitter, Weebly and Chegg. Jimmy Treybig is one of the forefathers of VC and a current venture partner with NEA Inc., one of the largest VC companies in the world. Brett Hurt is the Austin entrepreneurship poster child currently developing Data.World, the social network for data people. All three will be in one room on Monday. Get out there and meet them! 3-4pm is networking and 4-5pm is the panel.

ONGOING FROM LAST WEEK 
Bridging Disciplines Programs Info Session
Ongoing Tuesdays, 11/15 - 11/29 • 11-12PM • FAC 4
The BDP is your chance to develop a versatile skill set and explore new areas of study without the commitment of a minor. There's even an entrepreneurship track! Info sessions take place every Tuesday in November. 

IBM SmartCamp Austin
Wednesday, 11/16 • 6-8:30PM • Techstars
Don't miss this event hosted by IBM. This event literally takes place around the world, from Denver to Dubai to Bangkok. The 10 Global Semi-Finalists will be VIPs at the infamous LAUNCH festival. 

Longhorn Startup Lab
Are you looking to start your own company, but feel like school is in the way? LSL is an intensive spring semester course that lets you pursue your passion, while getting upper-division credit. Check out our interview from last week with instructor Josh Baer to learn more. 

Copyright © 2016 Longhorn Entrepreneurship Agency, All rights reserved.


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