Hungarian-born, Estonian-based Gamification Language Learning App Drops announced this week that it will be rolling out Native Hawaiian as one of the 30 languages available on its platform.
Hungarian-born, Estonian-based Gamification Language Learning App Drops announced this week that it will be rolling out Native Hawaiian as one of the 30 languages available on its platform.
Viennese IT firm Tailored Apps is partnering up with the Vienna University of Applied Sciences FH Technikum Wien to help build up the next generation of Austrian app-, web- and mobile programme developers.
“There are not enough skilled developers,” said Maximilian Nimmervoll, one of the founders and the CEO of Tailored Media Group. “There are a lot of developers who say they are competent but often there isn’t so much backing that up,” he commented on the current of the Austrian developer scene. He argues that the Austrian school system still focuses less on programming skills and computer sciences and that “there is no real possibility for educating interested people in app- or web application-development, which is a huge problem.”
That is why Tailored Apps, which develops mobile solutions and wants to diversify into the field of mobile media strategy consulting, was eager to enter a cooperation with the University of Applied Sciences FH Technikum in Vienna. “They contacted us before Christmas and told us they had a new app study programme,” said Nimmervoll. He didn’t hesitate and so they entered into a cooperation with the University. In the new programme of the Viennese University, students can join right after school for three semesters and get training in programming, web design, IT security and PR.
A war for talents
Tailored Apps, well aware that talented developers are difficult to find and especially expensive, will send members of their team as lectors to the college to give students insights from the everyday work of an app developer, and hold workshops. When it comes to the cost of developers, the CEO with a Juris Doctor can tell an anecdote to illustrate how costly good employees are: “Some developers in our team earn very good money; in fact, some of my colleagues from law school make less money than them – as highly educated law graduates.”
Advanced students may later also get the opportunity to do an internship with Tailored Apps. “In the current curriculum, there are only four weeks of practical internship training scheduled. We would like to get the students for eight weeks so that both sides can really benefit from each other,” said Nimmervoll. For the 2010-founded firm, this bears a good opportunity to recruit future personnel as until now, the common way a developer found the way to them was through word of mouth recommendations and recruiting in the personal environment. Its developers shall also provide students with research topics when they are finishing the programme and writing their theses.
Sense or nonsense of short study programmes
When it comes to the basic idea of short-study programmes, Nimmvervoll weighs up the pros and cons of this development: “[On the one hand], I am not sure whether it is the right way to create ever more short-study programmes for very special work fields. On the other hand, I am not quite certain if it is good to send all the interested people to technical studies where they study things where they won’t need the majority of later in the real world.”
Since their founding, Tailored Apps has been profitable. “We experience a revenue growth of 30-40 percent per year, with revenues in the seven-digit area,” he said. The enterprise now employs about 35 people and in the future will stay focused on the DACH region. Asked about growing chances in the East, Nimmervoll remains calm: “It is tempting but we don’t want to do too much at one time. Better make small steps and focus on what we are good at.”
A few hours before Matevž Petek presented in front of 500 people at the Y Combinator Demo Day in the US, concluding a three-month period spent at the American accelerator programme, inventures.eu caught the founder of Povio for a serving of hot news peppered with exciting insights.
Three months ago, Paul Graham, founder of the Californian accelerator, announced that several startups from CEE countries including Slovenia, Croatia and Bulgaria were accepted into the 2014 winter batch running from January to March, without disclosing their names. It turned out that among the mysterious companies were BellaBeat (ex –Babywatch) and photo sharing app Povio.
Povio enrolledinto Y Combinator this past January, less than a year after it launched in its home country. As a member of the programme, the startup received 20.000 dollars, three months’ worth of mentoring and acceleration, in return for seven percent equity.
Earlier this week, Povio was among the 68 startups that took the stage for a ten-minute presentation to a crowd including business angels and potential investors, during the 19th edition of Demo Day at the Computer History Museum in Mountain View.
Meeting the right people
Petek believes that if it weren’t for Y Combinator, the path to where the startup is now would surely have been longer, with more obstacles. “This is definitely the best experience I’ve had so far,” he said. “Here, we are working with founders of companies like Gmail, AirBnB, Dropbox – those guys really know what they are doing and they are happy to share their knowledge and ideas with us, it’s amazing.”
Besides knowledge, mentorship, and ideas that turn into action, Petek sees the experience as an opportunity to meet the right people. “Being part of Y Combinator also helps to get better publicity, more visibility, as well as an easier access to the press and it boosts your public image a bit,” he said.
So far, Povio has received two rounds of seed funding. The first one was from Y Combinator and the second came from four major investment companies: Andreessen Horowitz, Khosla Ventures, General Catalyst and Maverick Capital. “They are helping us during our stay at Y Combinator – to cover pretty much everything that has to do with us and Povio,“ said Petek.
Yet another photo app or what?
Unlike the other photo apps abounding on the market that are push-based and often lead users to flooding the world with pics and selfies, Povio is a demand-driven sharing app. Through the sleek designed platform, users can “ping” their friends, asking for their current P.O.V. (point of view). The pinged friends in question will then have three seconds to capture their surroundings, without the possibility to pick a photo from a library or to edit it.
More spontaneous and less narcissistic than Instagram or its other counterparts, the app went viral in Slovenia, and claims to have achieved 35% of the user base that Twitter has in the country within six months. Since then, Povio has been working on its design, taking its user experience to a whole new level. Moving to California, the team started hustling at Santa Clara University four weeks ago and got 1200 sing ups, with 55% of them now pinging daily. “That is a great result – even better than the one we had back home – we are happy with the way things are going right now,” Petek said.
Thanks to Urska Renier for the lead into the story!
Our one-line pitch is…
We help psychologists and psychotherapists care even better for their clients.
Introduce your team, and tell us one interesting thing about each member. We are…
Igor – the scientist – moved to the USA after graduating from high school in Slovakia more than 10 years ago. He is a PhD student in psychology and is passionate about finding new ways to understand human behaviour. He believes that technical innovation will be the best way to understand people.
Milan – the manager – is a project manager and online marketer. Two years ago, he started sharing his experience and helping startups achieve their goals. He wants to make the world a better place. Igor is a childhood friend so joining forces was a natural thing to do.
Cristian – developer – has been a startup aficionado since the age of 16 and always wanted to be part of a startup. Besides doing work at Youcognize, he enjoys solving algorithmical problems and likes keeping up with the latest trends in programming languages.
Marek – developer – thinks that writing computer programmes is the coolest thing in the world. And now, he likes it even more. Before joining Youcognize, Marek built many projects on various platforms and does a lot of web security consulting.
Photo credit: YoucognizeWe received our initial capital through…
We used our savings to cover the initial costs and then secured an angel investment in November 2013.
The real pain about starting a business in Slovakia is…
We don’t think that there is any real pain about starting a business in Slovakia. However, our main market is in USA, so it’s obvious that it would be easier to be based there.
The person that inspires us is…
The goals we have set for ourselves are our inspiration at the moment.
The one app/service that we couldn’t live without is…
We are a remote team so we need to collaborate online. And we use Podio and Google Apps for that, whether it’s planning founders’ calls, managing leads, reporting bugs or preparing a business plan.
The one thing we would save from our burning office is…
Well, we don’t have an office yet. But most likely the lighter 🙂
The worst piece of advice we ever got was…
We won’t say because it would probably hurt the one who gave us the advice.
The one thing that will make us quit is…
Things have gone pretty well so far, so we haven’t even though about quitting yet. And we believe that we will never have to.
Our inside joke is…
Milan and Igor pop a virtual bottle of champagne every time we reach a milestone. For example when we uploaded our first app to Google Play or when we were selected a Startup Awards 2013 finalist.
You might not believe it, but we…
We are a remote team at the moment. The first time the developers will meet in person is at TechPeaks this spring.
We’ll call ourselves successful when…
When we make Youcognize a sustainable business that keeps helping people live higher quality lives.
The startup we really want to see on inventures’ Startup Pick is…
Datamolino.
Visit youcognize.com to get in touch.