$1 BILLION REASONS
Bill Smith was part of a panel discussion – “$1 Billion Reasons to Believe in Alabama” – so named because the companies that were a part of it represented more than $1 billion in recent transactions. Also part of the panel were Shegun Otulana, founder and CEO of Theranest, and Chad Trull of Hospicelink.
Otulana offered encouragement to entrepreneurs who are just getting started.
“It’s a journey, and it’s not going to be easy. Don’t be afraid to fail,” he said. “Keep at it and seek counsel and hopefully it gets you to the right place.”
Birmingham auto racing software developer Apex Pro won $100,000 in the seed category of the startup competition, as well as the $1,000 audience choice award.