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Tag Archives: Shop Talk

Jarvus: dev firm co-founded by 22-year-old Drexel dropout, former hacker, whiz kid

Northern Liberties information services development company Jarvus partners (from left) John Fazio, Matt Monihan, Chris Alfano outside their headquarters on Third Street north of Poplar

Updated: 10/13/10 @ 12:50 p.m. with high school details

John Fazio sometimes avoids his personal biography — “it’s a bit too colorful,” he says.

While teenagers, Fazio worked with Chris Alfano at competitive video-gaming center CyberZone in the Neshaminy Mall. They got to know each other and, during their first year at Drexel in 2006, raised $120,000 in private funding to build upon the CyberZone concept. But, they needed more capital than they could raise in six months to meet their bigger vision for a team-oriented video gaming center — not unlike Howie’s Game Shack in California and Arizona.

So, instead, the pair decided they’d quit school and make the money themselves.


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mychinoki.com gets businesses and consumers text messaging

Some time in between e-mail and Facebook, the viral social media of choice was text messaging.

But Matthew Balin seems to think the business of texting was never fully capitalized. In July, Balin launched mychinoki.com, a mobile platform that connects consumers and businesses for SMS updates.

It’s a chance for users to cherry pick what messages they want from what local businesses, which is why Balin chose a name he says is a Westernized translation to a Japanese phrase meaning ‘cherry picker.’


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Shop Talk: Devon Segel CEO of Dining Info and GoBYO.com

gobyo-screenshot

This is something of a family business.

In 2005, serial entrepreneur Joseph Segel, a 1951 Wharton graduate who made a name for himself launching the Franklin Mint and the multibillion dollar home-shopping behemoth QVC, decided Philadelphia needed a database for its restaurants.

He started with his own personal Excel spreadsheets, detailing restaurant information, offerings and accomodations, but he wanted to expand it online.

So he turned to his 29-year-old, more tech-savvy granddaughter, Devon Segel, for help. She was busy building people-search databases for the American Red Cross with Comcast and Google during the melee of Hurricane Katrina, so occasional help and direction was all she could give.

A First Taste
Before Devon came aboard, her grandfather, the legendary founder of QVC Joseph Segel, launched publicly in spring 2006 a Philly-only version of the site called BYOPhilly.com and was soon after called “a why-didn’t-I-think-of-this tool for Philly oenophiles” by Philadelphia magazine. At that point, though, their database accounted for a touch more than 1,110 restaurants, including fewer than half (471, to be exact) without liquor licenses, a small slice of what it does today.

He launched in spring 2006 an early incarnation of his idea, not just reviews or food writing but a comprehensive collection of information backed by deep data sets about the Philadelphia dining scene, which, of course, has a lot to do with BYO-style neighborhood restaurants.

But Joseph, now 78, wanted Devon to bring her design and development background to what he aimed to be another in a more-than-two-dozen-long list of business ventures.

“He and I have always had a great relationship. He’s a very serious and focused businessman. I am a young woman whom he tries to groom into a serious and focused businesswoman,” says Devon, now CEO of Voorhees, N.J.-based Dining Info LLC, which operates GoBYO.com and DiningInfo.com with plans of launching more. “He calls himself my ‘part-time adviser.’”

It wasn’t until 2007 that she took the job with pop pop, who splits his time between Bryn Mawr on the Main Line and Florida. Now, three years after first launching, their sites use a database that has some 100 data fields on 52,000 restaurants, including 17,000 BYOs, from 10 metro areas and growing.

Devon is sitting on a four-tiered revenue model, the funding to get there and, with a blurb mention due for the August issue of O Magazine, buzz surrounding a new look and focus.


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