“As far as all of the dominoes falling, [3DS] is the reason the company exists,” Beck said, adding that Famigo attracted seed funding from startup accelerator Capital Factory this year. The funding enabled Beck to work full time on the venture during the summer.

And while 3DS seeks to cultivate specific ideas, it also cultivates entrepreneurial spirit in general. At least one idea that was not selected by any 3DS team was later developed by people who met at a fall 3DS event. Hurricane Party, an online tool that helps users find and create spontaneous parties, is also a Capital Factory graduate.

via 3 Days of the startup | Austin Business Journal.