Silicon Prairie News

Thinc Iowa is our next big thing

Des Moines June 30, 2011 by Geoff Wood

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We’ve been hinting about Thinc Iowa for over three months now and I’m excited that our team has finally given me the go-ahead to spill the beans about what we’ve been working on.

On October 20-21, we’re bringing an important national conversation to Des Moines. Over that day and a half, we’ll be gathering some of our country’s greatest minds in The Temple for Performing Arts to talk about the common ground between corporations and startups.

Let me back up a bit. In the nearly two years since I returned to Des Moines, I’ve had the great opportunity to meet with and write about hundreds of entrepreneurs and their startups. I've met with community leaders, service providers, advisors and others throughout the local entrepreneurial ecosystem and around the Silicon Prairie. In these discussions, I noticed one thing that I didn't expect kept coming up: a divide between "big corporate" and the "startup community." Often times, the two communities either weren't aware of each other or just didn't see the need to overlap.

Take for instance financial startups in Des Moines like Dwolla and SmartyPig. They were two of my earliest interviews and I asked them both how the local established financial community responded to their innovations. Their answers – at the time – mirrored each other, "we didn’t think to ask." Obviously, there were gains to be made by having those relationships, as Dwolla founder Ben Milne told me months later after he had brought Suku Radia onto his board. Radia, the CEO of Banker’s Trust, suggested a different way for Dwolla to partner with financial entities that reduced the capital they needed to go nationwide from $7 million to $1 million.

Last October, we decided it was time to do something about it and, teaming up with the like-minded folks at Performance Marketing, started planning what would become Thinc Iowa.

Thinc Iowa will be a time for established corporations to learn from startups about what it takes to be nimble and innovative. Those same startups will learn from the corporations about what it takes to be successful over the long term. We'll all learn about how the two communities can work together to better the ecosystem as a whole. We want the end result to be more conversations like those between Milne and Radia.

The event will be centered around eight or so speakers from both sides of the conversation. You’ll hear directly from the people making it happen in the hottest startups and also from the leaders of the largest and most notable corporations in the country today. Each will have a unique story and present a different angle on this "common ground" and how it has made their business thrive.

(Photo: Thinc Iowa will feature speakers with a message pertinent for both startups and established corporations, something Jason Fried of 37signals delivered two years in a row at Big Omaha. Photo by Malone & Company.)

And, it's happening right here in Des Moines. We expect this event to draw from across the state of Iowa, around the Silicon Prairie and from both coasts. I’m excited to show off our community to a group of people who have likely never been here and may not have considered a trip otherwise.

I want you to be involved.

We don’t have all the logistics worked out, yet, but we're right in the thick of putting everything together. Tickets won't go on sale for several weeks and we don't even have the website finished. We're still working on venues and booking some of the speakers.

Here’s what you can do now.

First, spread the word. Tell your friends at Nationwide, Principal, Wells Fargo, Hy-Vee and the other large corporations that make their home in Des Moines. Do the same for the folks at Rockwell-Collins, ACT, and John Deere in Eastern Iowa and all around the Silicon Prairie. Tweet it to the folks at places like Proxibid, Zaarly, and Dwolla and don’t forget your contacts all across the board in NYC, Boulder, Washington, DC and Silicon Valley, too. Have them all sign up to receive more information at thinciowa.com.

Second, get involved. We’re actively recruiting sponsors and have several great ones on board already. Show your commitment to furthering the local entrepreneurial ecosystem and to having this important national conversation take place here in Iowa by joining in.

Thinc Iowa is going to be something amazing and I’m so excited for you to join us.

For more information on how to get involved, including in-kind and monetary sponsorships, contact me at geoff@siliconprairienews.com or Jeff Slobotski at jeff@siliconprairienews.com.

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COMMENTS

ARCHIVED COMMENTS

Geoff -

You didn't explain the most important question: "Why is Thinc spelled wrong?" I mean, I not good at spelling either. My iPhone knows that very well; in fact we fight often on my misspellings.

Spelled with a C or K... I'll be there.

Jun 30, 2011 at 03:51 PM

I think it's a play on the word 'think' by adding the abbreviation 'inc'.

Jun 30, 2011 at 04:06 PM

Right on Geoff and SPN, excited for this one, given my past Big Omaha experiences! Looking forward to attending!

Jun 30, 2011 at 04:18 PM

This is amazing guys! What a great idea for a conference (and a conversation that definitely needs to be amplified).

Events (and ideas) like this are exactly why you guys rock, and are changing the landscape every day. I don't think I'll be able to make it (Des Moines seems to be tough to travel to, at least from Chicago), but I'll be sure to spread the word!

Jun 30, 2011 at 04:47 PM

Cool idea Geoff! Congratulations on putting this together. It would be great to see a discussion on "success" defined by each group. It's interesting how "success" is measured differently as you work your way from a startup, to a profitable growth business, to an established company. In my dealings, I always find a lot of the tension and "disconnect" between these groups stems from this place.

Again, great job guys (Geoff).

JJO

Jun 30, 2011 at 04:53 PM

@Andy P. & Jon - you got it. Also, the domain was available ;)

@Andy S. - thanks man!

@Tim - thank you, too. BTW, Megabus does have a Chicago to Des Moines route so no excuses.

@Joe - thanks man and that's a great point. We'll be looking into those evolutionary changes quite a bit between now and Oct, too.

Jun 30, 2011 at 05:04 PM

Awesome article Geoff! Can't wait for it.

Jun 30, 2011 at 05:13 PM

I'm really excited about this. Thank you SPN for your amazing work. This is going to be great!

Jun 30, 2011 at 05:22 PM
Erik Johnson

This event sounds wonderful! I keep up on SPN and will be looking to attend this event! Des Moines, Omaha, Kansas City, and the whole "Silicon Prairie" have a tremendous amount of positive momentum in regards to our healthy, growing, and increasingly collaborative economies. Things like this keep "adding fuel to the fire". Way to go!

Jun 30, 2011 at 06:07 PM

Super excited for this event. Thanks for all you do at SPN!

Jun 30, 2011 at 06:16 PM

Just moved to Denver last month, but already marking my calendar to come back for this! Can't wait!

Jun 30, 2011 at 10:23 PM
Nathan Haila

This is exciting - going to lay some great groundwork to closing the gap. Will be awesome to see what comes out of the other side of the conference!

We really appreciate all you guys do at SPN.

Jun 30, 2011 at 11:04 PM

@Nate @Ben @Erik @Jake @Kiley & @Nathan - thanks all for the kind words. We're super excited and there's much more to come.

Jul 1, 2011 at 08:56 AM

Looking forward to it! Spreading the word... great concept!

Jul 1, 2011 at 10:27 AM
Charise

You guys continue to raise the bar! Glad to hear Thinc Iowa is going to be downtown.....especially cool that it is being held in a building that has a great story as well:)

Jul 1, 2011 at 02:25 PM

Great talking with you Geoff. Excited to see how the DMPL can be a part of Thinc Iowa! Stay in touch!

Jul 16, 2011 at 09:22 AM

You guys continue to raise the bar! Glad to hear Thinc Iowa is going to be downtown.....especially cool that it is being held in a building that has a great story as well:)

Jul 28, 2011 at 01:15 PM

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