JobÂbing e‑commerce manÂagers wantÂiÂng to flex their entreÂpreÂneurÂial musÂcles might conÂsidÂer a move to OmaÂha: thanks to new startÂup accelÂerÂaÂtor Straight Shot there’s likeÂly to be a surge of new e‑commerce firms in that neck of the woods, each of them genÂerÂatÂing new media jobs.
It’s the latÂest endeavÂor of Mark HaseÂbroock, the man who proved his entreÂpreÂneurÂial metÂtle a decade ago when he and a couÂple of OmaÂha budÂdies bought the falÂterÂing comÂpaÂny Hammocks.com and transÂformed it into one of the most sucÂcessÂful interÂnet retailÂers out there, Hayneedle.
The e‑commerce specialist
E‑commerce manÂagers will probÂaÂbly agree that this guy knows a thing or two about e‑commerce. Now manÂagÂing a venÂture capÂiÂtal fund, Hasebroock’s doesn’t simÂply plan to creÂate a new e‑commerce firm: he want to build 100. Straight Shot, he says, is the only accelÂerÂaÂtor speÂcialÂizÂing in e‑commerce.
OperÂatÂing out of a 3,000 square-foot space in Omaha’s famous Scott TechÂnolÂoÂgy CenÂter, Straight Shot welÂcomes appliÂcaÂtions from new entreÂpreÂneurs with a “back of the enveÂlope idea” as well as revÂenue-genÂerÂatÂing firms. Six spots are availÂable curÂrentÂly, offerÂing a three-month curÂricuÂlum beginÂning this July. SucÂcessÂful appliÂcants not only gain access to the curÂricuÂlum, they receive between $15,000 and $20,000 in fundÂing as well as nearÂby livÂing arrangeÂments at disÂcountÂed prices. The accelerator’s rosÂter includes 70 vetÂerÂan menÂtors and parÂticÂiÂpatÂing starÂtups will give an equiÂty stake of up to six per cent to Hasebroock’s firm, Dundee VenÂture Capital.
DriÂving e‑commerce success
But the canÂny e‑commerce manÂagÂer may be askÂing: why choose OmaÂha to launch anothÂer accelÂerÂaÂtor, givÂen that there are dozens across the counÂtry? HaseÂbroock draws on his expeÂriÂence as menÂtor to three accelÂerÂaÂtors (ChicaÂgo, TechÂStars BoulÂder and the BranÂdery) to answer:
“The impact those proÂgrams have had on their comÂmuÂniÂty has been pretÂty astoundÂing,” he said. “So is it great for the comÂpaÂnies? AbsoluteÂly … but what’s realÂly interÂestÂing is just seeÂing the impact that it’s had on BoulÂder, on ChicaÂgo, on CincinÂnati to bring menÂtors, investors, media togethÂer all for one purÂpose, and that is (Straight Shot).”
OmaÂha, he says, hasn’t seen much in the way of investÂment opporÂtuÂniÂties; Straight Shot aims to change all that, creÂatÂing streams of investÂment opporÂtuÂniÂties for his firm. With appliÂcaÂtions already comÂing in from SeatÂtle to San FranÂcisÂco to Louisville, expect e‑commerce to take off in Omaha.