Both Sides of the Table
MARCH 22, 2011
The most common questions I’ve gotten over the past week have been a variant of: Was SXSW worth it? Was it just one big party? Should I go next year? Why do your eyes still look so bloodshot? (And I’ve learned a new term, I arrived home with SxSARS). As you may know I outlined my rules for maximum impact at events / conferences before SXSW began.
InfoChachkie
MARCH 21, 2011
I was recently working at my kitchen table while my adolescent son was watching the History Channel’s reality TV show Pawn Stars. The show caught my attention, as a litany of extremely unsophisticated individuals sold their family heirlooms and other.
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socalTECH
MARCH 23, 2011
Are the days of Girls Scouts knocking at your door selling cookies on their way out? Proving that iPhone mobile applications are now fully mainstream, the Girls Scouts of the USA, the organization which oversees Girls Scouts in the US, said today that it has released the Official Girl Scouts of the USA Cookie Finder for the iPhone or iPod touch. The group said that the free app allows users to find their way to the nearest cookie sale nearby, with dates of the start and end of local cookie sales
Berkonomics
MARCH 21, 2011
This insight is one that is so important to the continued health of a growing company that it cannot be overstated. First, let’s be sure we know what is short in term and what is long in term. Long term debt is taken on for the acquisition of fixed assets such as equipment, cars, facilities and acquisitions of companies or their assets. Short term debt is often composed of accounts payable to the trade or employees for expenses, payroll liabilities, accrued but unpaid vacations, customer dep
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Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
SoCal Tech Calendar
MARCH 23, 2011
Tuesday, March 29, 2011 -- SCVN Networking Mixer. Come network with The Southern California Venture Network (SCVN.org). This month we are at 8 Eighty 8 in Newport Beach near John Wayne Airport. Mix, mingle and network with other like minded entrepreneurs.
InfoChachkie
MARCH 24, 2011
Messenger: Dan Engel, Co-Founder and CEO, SaaSy, Co-Founder and CEO, FastSpring, former Marketing Manager at Google, VP of Market Development at Picasa Value Prop Twitter Style: SaaSy is: “the 1st all-in-one payment & subscription management service designed for SaaS, Web.
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Jason Nazar
MARCH 22, 2011
I recently hosted a panel at the Twiistup Conference about LA tech companies. I asked the panelists ( David Travers , Brian Norgard , Fouad ElNaggar , & Demian Sellfors ) about the specific challenges that we face down here in Los Angeles as opposed to Silicon Valley. I have some pretty specific thoughts on the differences between companies in the two cities, as I wrote about in my previous post A Tale of Two Tech Cities.
SoCal Tech Calendar
MARCH 23, 2011
Tuesday, March 29, 2011 -- SoCalBio Business Mixer. The mixer will feature expert speakers who will focus on: "Selecting the Right CRO for Your Biomedical Project" See https://s08.123signup.com/servlet/SignUp?PG=1522578182400andP=1522578133581343159885300andInfo=.
Startup Professionals Musings
MARCH 23, 2011
Many entrepreneurs I know feel guilty about not quitting their day job when initiating their startup, worrying about not giving their all to an employer, juggling the multiple roles, or even a legal conflict of interest. I’ll try to offer some guidelines to address these issues, but I generally recommend you keep the day job until your new company is producing real revenue.
socalTECH
MARCH 22, 2011
Santa Barbara-based RingRevenue , the pay-per-call technology provider, says today that it has been seeing gains in the financial services industry with its platform. RingRevenue, which is headed by Jason Spievak, said it has seeing traction with affiliates in the financial services area. The firm said companies like Progrexion Marketing--which markets the credit repair product Lexington Law--has been seeing success with pay-per-call using its products.
Tech Zulu Event
MARCH 20, 2011
This weeks TZ Startup Hot Seat features the team at Daqri. Brian Mullins and team agreed to answer our questions and tell us why Daqri will change the Augmented Reality space. Visit TechZulu for full story.
SoCal Tech Calendar
MARCH 24, 2011
Wednesday, March 30, 2011 -- ACG 101 Executive Book Evening. What is the secret sauce that enables best-in-class companies to create and sustain their competitive advantage? How can small and middle-market companies utilize strategic thinking to penetrate and dominate new markets? Marc Emmer will discuss the answers that he presents in his acclaimed book, "Intended Consequences," at the March 30 ACG 101 Executive Book Evening.
Startup Professionals Musings
MARCH 19, 2011
I’ve noticed a great tendency among startup founders to ignore the essentials of business accounting in the early stages of their startup. Just because you are not profitable yet, doesn’t mean you can skip the record keeping. In fact, just the opposite is true. When you anticipate losses for the first year or two, it is more important to properly document all expenses, including tricky ones like business travel, business meals, and your home office.
socalTECH
MARCH 24, 2011
Irvine-based YouMail , the enhanced voicemail provider headed by Alex Quilici, said today that a number of third party developers have released applications that connect to the service from Windows Phone 7 and Windows 6.5, and Android. According to YouMail, its Windows Phone 7 applications are MagikMail and MagikMail Lite, and provider caller ID, message forwarding, mailbox management, as well as access to YouMail's premium transcription and other services.
Tech Zulu Event
MARCH 21, 2011
During our interview with PepsiCo's Bonin Bough at South by Southwest Interactive, the company's director of global social media enthusiastically called the conference the "Davos of Digital." Bough explains, Visit TechZulu for full story.
SoCal Tech Calendar
MARCH 24, 2011
Wednesday, March 30, 2011 -- WITI Spring Mixer. Make new contacts, re-connect with former colleagues, invite clients (and make new ones!). You'll have rare access to a highly diverse group of professionals committed to your success!
Startup Professionals Musings
MARCH 24, 2011
Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. Most investors and startup advisors I know hate them, and refuse to sign them. Who is right? Let me try to put this question in perspective. If you are totally risk-averse, then push to always get signed NDAs.
socalTECH
MARCH 23, 2011
San Diego-based Chumby , the developer of Internet-connected, alarm-clock type devices which is headed by Derrick Oien, opened up its newest product, the chumby8 , for pre-order Wednesday. The chumby8--the latest in a series of Internet-connected, widget-capable devices from Chumby--provides an 8-inch LCD touchscreen, and ships April 5th. The firm said it started accepting pre-orders Wednesday for the $199 device.
Tech Zulu Event
MARCH 24, 2011
We’re going to keep this short and sweet. LA Twestival is TONIGHT! For all you last minute peeps (yes, YOU) still on the fence about whether or not to go, here are six great reasons from Joy Moh, co-president of Philanthro, who’s presenting the latest event: 1. A little bird. Visit TechZulu for full story.
SoCal Tech Calendar
MARCH 24, 2011
Wednesday, March 30, 2011 -- Broads On Boards. Broads Circle. We will be discussing how our distinguished panelists came across their first Board opportunity and where they see future opportunities for corporate Board service for women leaders. The purpose of this event is to educate women about corporate Board service, what it entails, and how they can prepare themselves and seek opportunities to serve on Boards.
Startup Professionals Musings
MARCH 20, 2011
By Ernst H. Gemassmer We all intuitively believe in maintaining personal and business contacts, but most of us don’t do well in this area. It takes real time and hard work to maintain contacts. Social networking can help, but a large list of online friends and followers is no substitute for a smaller list of personal and ongoing business relationships.
socalTECH
MARCH 22, 2011
Santa Barbara-based FastSpring , the e-commerce and payment processing software firm headed by Dan Engel, said this week that it has launched a new online subscription management and payment service called SaaSy. Engel said that the service is aimed at SaaS and Web 2.0 companies, to eliminate their need for maintaining their own e-commerce infrastructure.
Tech Zulu Event
MARCH 24, 2011
Company Name Padopolis Information Release Date 3/24/2011 Transaction Type Venture Equity Amount $1,000,000 Round Undisclosed Proceeds Purpose Proceeds purposes were not disclosed. SEC regulatory filing. VentureDeal.com. Visit TechZulu for full story.
SoCal Tech Calendar
MARCH 24, 2011
Wednesday, March 30, 2011 -- "Profitability by Customer Experience: Lessons about Different and Better from the Best" Dr. Joely Gardner, Jeofrey Bean and Sean Van Tyne will make their OCPM debut this month at JT Schmid's in Tustin. Join us in this engaging panel-led discussion about the companies, people and products that have made themselves different, better and more profitable than their competition.
Startup Professionals Musings
MARCH 25, 2011
In finance, a bubble is too much money chasing assets, greater asset production and a herd mentality. In startup business plans, a bubble is too many entrepreneurs and too many investors chasing the latest “next big thing,” like Google search engine, Facebook social network, or Amazon e-commerce site. In all these cases, a bust is inevitable, and everyone loses.
socalTECH
MARCH 23, 2011
Los Angeles-based OnGreen , the online marketplace for green deals and clean technology business opportunities, said today that it has officially launched its site out of beta. The firm, which is headed by Nikhil R. Jain, offers up a way for clean technology companies to seek investment. The firm is backed by China Southern Hong Kong Investment Ltd.
Tech Zulu Event
MARCH 22, 2011
Company Name CrowdFlower Information Release Date 3/22/2011 Transaction Type Venture Equity Amount $7,000,000 Round Series B Proceeds Purpose Proceeds purposes were not disclosed. VentureDeal.com. Visit TechZulu for full story.
SoCal Tech Calendar
MARCH 20, 2011
Saturday, March 26, 2011 -- TEDxConejo. The second annual TEDxConejo promises to build on the success of the first TEDxConejo which brought together students, educators and the general public, interesting and interesting people all, for a day of inspiring talks and deep discussion. TEDxConejo 2011, to be held at the Thousand Oaks Civic Arts Plaza, brings the TED experience to Thousand Oaks, California by featuring fascinating local individuals, recorded TEDTalks, and some special guest speakers.
Startup Professionals Musings
MARCH 21, 2011
Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. The founder explains that the product is so “buzz-worthy” that usage will spread rapidly through word-of-mouth only, meaning people loving it and recommending it to their friends. First of all, Seth Godin pointed out a couple of years ago that viral marketing does not equal word-of-mouth.
socalTECH
MARCH 25, 2011
Santa Monica-based ThisNext , the women's social shopping site run by Matt Edelman, said today that it has added Mike Jones, the CEO of MySpace, to its board of directors. Jones also sits on the boards of Docstoc, GumGum, MoVoxx, and others. ThisNext is focusing in on providing social shopping and content for women. The firm owns the StyleHIve fasion site, in addition to the ThisNext site.
Tech Zulu Event
MARCH 24, 2011
Company Name Total Immersion Information Release Date 3/24/2011 Transaction Type Venture Equity Amount $5,500,000 Round Undisclosed Proceeds Purpose The new funding will be used towards further development of the D’Fusion platform and to drive new usage of augmented reality (AR) for end-users. Specifically, the team will be focusing on expanding. Visit TechZulu for full story.
SoCal Tech Calendar
MARCH 25, 2011
Thursday, March 31, 2011 -- startupSD: Mark Suster from Both Sides of the Table. Mark Suster is a 2x entrepreneur who has gone to the Dark Side of VC. He joined GRP Partners in 2007 as a General Partner after selling his company to Salesforce.com. He focuses on early-stage technology companies. Mark is a UCSD graduate and writes one of the best startup blogs on the Internet.
Startup Professionals Musings
MARCH 22, 2011
Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. They need to realize that investors ask for projections, not merely as predictions, but more as commitments from the founder and his team. If you are not willing to commit, don’t expect anyone to back you. In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging,
socalTECH
MARCH 24, 2011
Los Angeles-based QR code startup ShareSquare is announcing today that it has opened up its QR code service to the public, and also outlined its pricing plans and tiers. The firm--which has been focusing in on musicians and bands with its service--allows customers to create their own QR codes through the site, linked to special online modules to promote those customers.
Tech Zulu Event
MARCH 24, 2011
Company Name InsideView Information Release Date 3/24/2011 Transaction Type Venture Equity Amount $12,000,000 Round Series C Proceeds Purpose The company will use the financing to expand distribution partnerships and market education. VentureDeal.com. Visit TechZulu for full story.
SoCal Tech Calendar
MARCH 25, 2011
Thursday, March 31, 2011 -- Student-Driven 3D Game Engine Development: Practical Approach. Sponsored by the Center for Computer Games and Virtual Worlds and The Institute for Software Research. Speaker: Artem Kovalovs, Gameplay programmer at Visceral Games, Electronic Arts, Los Angeles. Kovalovs will talk about building student-driven 3D game engines and what can be done to minimize the development time.
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