Raleigh-Durham Startup Week’s Chris Heivly Recaps Event
The Friday Nooner
Pete, Joe, and Chantal talk CNN+ shutdown and Pete's parody Twitter account before welcoming featured guest Chris Heivly. You may know him best for co-founding MapQuest, his current venture Build The Fort, or of course, one of the organizers for Raleigh-Durham Startup Week.
Today we are talking with Chris Heivly, current Managing Director of Build The Fort, and former Co-Founder of MapQuest. Co-founding the first commercial web mapping service was Chris’s first real foray into entrepreneurship. As the Managing Director of Build The Fort, Chris helps other entrepreneurs through his books, speaking, workshops, and consulting. Fast-forward 20+ years, Chris has a lot of knowledge to share with others in the startup space. Technology Is The Wave Of The FutureChris has both a bachelors and a masters in geography, and he can still picture his dad’s face when he told him what he wanted to major in. His dad's response, even in the 80s, was that Chris should get into computers. Luckily, Chris did learn some computer skills and coding while studying cartography. Combining the two, he found himself writing mapping software. Something Better Is Out ThereWhile working for the US Department of State as the Director of Mapping, Chris says they were printing maps for National Geographic, phone books, and the like. As technology progressed, Chris developed the first CD-ROM that helped to plan trips. When the internet was the next big step in technology, the entrepreneur in Chris said there has to be a better way. That’s when he branched off on his own, threw together the URL and created MapQuest. Chris says they had no fear when creating the company, mostly because they were clueless. With their headquarters in Pennsylvania, they found they had a hard time recruiting the best talent from places like Silicon Valley. Despite their original struggles, the company did grow.Passing The TorchFor his last three years with the company, Chris served on the board of directors. He’s a firm believer in knowing when you’ve hit your ceiling, and it’s time to move aside for someone else to take up the reins. While he helped with the lead up to going public, Chris left the company shortly before it actually happened. He says that most entrepreneurs can’t take a company from its founding to a million dollars, and that’s okay. Always stick to what you’re good at, and don’t be too proud to bring in someone to do what you can’t. The Decision To SellThe KPIs they were tracking were first, page views, and second, revenue. The website's traffic was what mattered most, as there were 3-4 advertising spots on each page, so page views equaled revenue. The company went public in 1999, and they found themselves asking what is the risk vs reward of going bigger. When they really thought about what the right decision for the company would be, selling was at the top of the list. Having been on AOL’s radar for several years, they thought that could be a great fit. Where To Learn MoreIf you’d like to connect with Chris, he can be found on LinkedIn @ChrisHeivly. For more information on startup success, visit www.buildthefort.com. --The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/
In this discussion with Chris Heivly about his ever evolving journey in the entrepreneurship space. Heivly is what he describes as a Lifelong Instigator, going from Entrepreneur to VC, to running an accelerator, to ecosystem building as a living, to current state as an author living full time on a lake. We also did a deep dive into Chris Heivly's first book, Built the Fort...the need for us to start small and simple, the future of his writing, and his experience as a first time author in an ever changing world of publishing. Adults tend to over complicate and over think things, making something like building a business an incredibly difficult task. Build the Fort is a metaphor that forces us to think about steps in growing the business the same way we used to think about building a fort as a kid...one step at a time. - Want to take this episode with you? anchor.fm/nextmattersmost To learn more about Chris Heivly & Nick Jordan: nextmattersmost.com/blogs/ We've got more to offer on our social platforms! linktr.ee/_nickjordan Thank you for watching this episode of the Next Matters Most Podcast! What did you think of this episode? Let us know in the comments!
Techstars, SVP Ecosystem Development, Chris Heivly
Techstars, SVP Ecosystem Development, Chris Heivly - 'in 3-10 years, there will be 2x more venture capital outside of the Valley than inside...'Shoutout From Chris Heivly:"David Shaner, Founder of Offline is one of my favorite CEOs..."
Chris Heivly @ MapQuest: The Map Geek Who Gave Everyone Better Directions
In 1995, a mapping company in Lancaster, Pennsylvania that had been developing CD-ROMS for point-to-point navigation decided to see if it could provide the same service for consumers in real-time using a new technology called the World Wide Web. They contacted the owners of their nearest Internet node -- a local college -- and were given a tie-in to the network.With access to the Web established, they launched their new website: MapQuest.com. It was an instant hit. MapQuest quickly became one of the most popular websites in the world while completely changing the way the world traveled from place to place.This episode of Web Masters features host Aaron Dinin in conversation with Chris Heivly, one of MapQuest's co-founders and one of the world's earliest map geeks. He tells the story of how computer mapping grew out of the labs of a niche group of academics and ultimately became the backbone of the global economy.For a complete transcript of the episode, click here.
Chris Heivly: Co-founder of Mapquest & VP of Innovation at Techstars
Founder Feedback by FounderCo
In this Founder Feedback episode, we spoke with Chris Heivly, one of the co-founders of Mapquest and currently the VP of Innovation at Techstars. In this episode, we spoke to Chris about balancing your time working on your startup versus being in the startup ecosystem, what #givefirst means, and what it looks like to be acquired.To learn more about FounderCo, please visit founderco.org.To send in a question to be in used in a future episode, email us at email@example.com.
Charlotte Angel Connection Episode 089: Continuing to Build the Charlotte Startup Ecosystem with Evan Rozantes and Chris Heivly
Charlotte Angel Connection
Today our guests are Evan Rozantes and Chris Heivly. By the end of the podcast, you will clearly understand their passion and the importance of building a strong innovation ecosystem in the Charlotte and Raleigh areas.Chris Heivly began his career in DC, then Lancaster, PA then Chicago and moved to the Raleigh/Durham area in 2005. Chris is an entrepreneur (MapQuest Co-Founder), early-stage investor and now serial startup community builder. He’s spent time building up the ecosystem in Raleigh/Durham as well as other cities and joined up with Techstars in 2017 to continue that mission on a global basis. In that role, he is an Entrepreneur in Residence as well as a VP of Innovation. His passion is to help other communities grow their start-up scene, not just in North Carolina but around the World.Evan Charles Rozantes started his career in Boston working in Private Equity at Bain Capital prior to moving to DC to work in private equity and distressed lending at Capital Source Finance. In 2006 he got the entrepreneur “bug” and started a promotional products company which he successfully exited. Thereafter he went full steam into entrepreneurship without a net, co-founding a pediatric health care company in Boston. A lifetime learner himself, in 2012 he co-founded Launch Academy – one of the first coding schools in the world. Evan relocated to the Davidson area in 2018 with his family where he subsequently met Chris in his effort to bring a TechStars program to Charlotte.Chris has been using the principles laid out by Brad Feld, Co-Founder of Techstars, in his book, “Start-Up Communities” to build startup ecosystems. Chris is now working with Brad on a sequel to the book, hopefully to be published by the end of this year.Together, Chris and Evan are working to bring those three principles to Charlotte. As you’ll hear Evan mention several times during the hour, the goal is to bring an entrepreneurial mindset of experimenting often and failing fast to Charlotte and help further ignite the many excellent things members of the community are already doing.During the Podcast, we also discuss what it takes to create an innovative ecosystem, to create collaborative programs that work within communities, and what it takes to be a good entrepreneur. We discuss the commonalities that exist between Charlotte and Raleigh and how both communities can work together to build a strong ecosystem. Chris and Evan discuss the importance of community participation in building an environment where people will succeed.We hope you enjoy this podcast!William Bissett is the owner of and an Investment Advisor Representative of Portus Wealth Advisors, a Registered Investment Adviser. Registration does not imply a certain level of skill or training. Opinions expressed on this program do not necessarily reflect those of Portus Wealth Advisors. The topics discussed and opinions given are not intended to address the specific needs of any listener. Portus Wealth Advisors does not offer legal or tax advice, listeners are encouraged to discuss their financial needs with the appropriate professional regarding your individual circumstance. Investments described herein may be speculative and may involve a substantial risk of loss. Interests may be offered only to persons who qualify as accredited investors under applicable state and federal regulation or an eligible employee of the management company. There generally is no public market for the Interests. Prospective investors should particularly note that many factors affect performance, including changes in market conditions and interest rates, and other economic, political or financial developments. Past performance is not, and should not be construed as, indicative of future results.
Techstars EIR Chris Heivly on the Raleigh-Durham Startup Ecosystem
The Global Startup Movement - Startup Ecosystem Leaders, Global Entrepreneurship, and Emerging Market Innovation
Chris Heivly is one of the nation’s leading experts in how to turn startups into multimillion-dollar companies. Chris founded MapQuest in 1988 and served in leadership positions for global brands such as Rand McNally and Accenture. His latest book Build the Fort provides insight into getting through the earliest micro-steps of starting your own business through the lense of Chris’s 30 years of experiences in startups, investments, big-company entrepreneurship and community development. On this episode you'll learn: What it means to Chris to be an ecosystem builder? What have been the most important institutions and initiatives in the ecosystem that have catalyzed and created the increased startup activity in Raleigh-Durham? What are Chris' thoughts on how a university can implement an EIR role?
Chris Heivly, author & entrepreneur in residence at Techstars, discusses the early days of MapQuest, Raleigh as a burgeoning tech city, and building up new tech communities. Build the Fort- Chris Heivly Techstars The Innovator's Dilemma- Clayton M. Christensen Rand McNally Startup Communities- Brad Feld Heivly.com The Lean Startup- Eric Ries Chris on Twitter See open positions at thoughtbot! Become a Sponsor of Giant Robots!Support Giant Robots Smashing Into Other Giant Robots