As part of my community focus in Austin, I advise four companies: Click Forensics, OneSpot, OtherInbox, and Socialware. Companies like these, and of course Bazaarvoice, will lift us out of a bad economy because they create jobs. For that among other reasons, I love being an entrepreneur. I only do advisory work in Austin, because I believe you have to step up and serve your local community, especially in a small city like ours.
OneSpot recently raised their Series A, and I joined their Board of Directors. SXSWi is a big show for them (as well as OtherInbox and Socialware), and they produced this shareable SXSWi news widget to show off their capabilities. This is very addicting: