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Start Garden invests $50K more in One Second Epic
What’s a break from funding without a little funding still happening?
It’s July, the summer month Start Garden planned to take a long-earned break from making its weekly $10,000 investments, split between two new startup ideas.
Although Rick DeVos’ $15-million seed fund has ceased making its first-level funding for the month, his team is still making major investments in the ideas at the second level of funding.
Second Step Series
Start Garden held the first event of its Second Step Series last week, an open-to-the-public program that periodically brings in Start Garden’s entrepreneurs funded at $20,000 or higher to present on their progress.
During the event, at Start Garden’s headquarters downtown, at 50 Louis St., four Start Garden ideas that were at the $20,000 level of funding presented: One Second Epic, ReindeerCam, Pickl and Sing Song Yoga.
"These projects are each doing something interesting, building new partnerships and competing in markets that are moving incredibly fast," said DeVos, CEO of Start Garden. "They have all been through epic highs and lows, and we're bringing that story to the public with the Second Step Series."
The Second Step Series is another step in DeVos’ big-picture plan for Start Garden.
In his State of the Start Garden address this spring, an address DeVos made celebrating Start Garden’s one-year anniversary, he explained that Start Garden's investment goal is to have about one dozen companies, which Start Garden owns a percentage of, showing signs of growing exponentially in value.
One Second Epic
One Second Epic, one of Start Garden’s first funded ideas, was given another $50,000 in investment at the event. It reached the $20,000 level of funding exactly one year ago this month.
One Second Epic, referred to by some as "Twitter for video,” was released as an Apple iOS app in October last year.
The free app allows users to shoot short video clips and edit them by “stitching” them together into one continuous video.
The One Second Epic team, comprised of Joe Johnston, Eric Loehfelm and Christian Saylor, will partner with DeVos’ Art Prize this fall to help local and visiting fans of the world’s largest art competition document their experiences using the app.
The team is expecting thousands of individuals to upload their videos to a common feed, creating a completely user-generated visual experience.