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Fonality Hits One Billion Cloud Calls

socalTECH

Culver City-based Fonality , a developer of Voice-over-IP, business PBX phone software, said late last week that it served its one-billionth cloud-based call recently, and had "record sales" during Q4.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. You own the IP you create. It’s pure irony.

Services 332
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Social Networking and Business Value

SoCal CTO

Just a quick note that I'll be moderating a Technology Council Event : Social Networking as a Business Strategy May 19, 2009 - Culver City Social networking media are used on a daily basis to grow businesses and expand career opportunities. He has also been a Regional Sales Director and National Account Director for Facebook.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. Gross margin (GM) is the amount of profit you make per sale of your product or service taking into account your total costs of selling that product or service.

Startup 383
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Interview with Kinetic Traction Systems

socalTECH

When their parent firm pulled up support for that company in 2004, they went out of business, but the technology and the IP lived on. We completed that agreement in 2009, and were taking the original Urenco design, and began to manufacturer that design.

Design 138
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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

They often make great team members such as head of products, CTO, head of sales, CFO, etc. If this idea was so big then why would they risk not being first to market, not building defensible IP for the sake of a few hundred thousand dollars extra in lock-up money at a big company? I finally called bullshit. I Practice What I Preach.

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Interview: Venture Capitalists On Pitching

socalTECH

We're really excited about 2009. In any sale--and raising money is a sale--establishing credibility early on is important. We are not looking to fund people in 2009, who are learning a new market, on our nickel. Defensibility is also big--we're not interested in the me-too's without some unique IP.