Sat.Mar 23, 2013 - Fri.Mar 29, 2013

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io/LA Shuts Down

socalTECH

Hollywood-based io/LA , the high tech and creative incubator and coworking space, has shut down, the first loss of one of Southern California's new crop of high tech gathering spaces. The loss was first reported by the LA Business Journal. io/LA, in a note sent to its members last week, obtained by socalTECH, said that "unexpected things happen" in the startup world, and that it will be "sailing off into the sunset".

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Startup Lessons From The Beatles’ Biggest Failure

InfoChachkie

A version of this article previously appeared on Inc. The words "failure" and "the Beatles" seldom appear in the same sentence. However, the Beatles' early career was a series of failures, culminating in their unsuccessful audition with the leading record company of their era, Decca Records. This particular failure nearly caused the band to breakup.

Startup 221
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Web Framework Performance - Startup Founders Need to See These Numbers

SoCal CTO

In Web Framework Benchmarks , there are some very interesting and surprising numbers around the performance of various web frameworks. Startup Founders really need to see these numbers. And I hope you are not running on Cake PHP when you see these numbers. Many of us are putting more into the front-end and having the application logic and back-end exposed through JavaScript (JSON) APIs.

Framework 175
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The Art of Building and Using an Effective Advisory Board

Technology Council

By Charles J. Curto, Managing Principal of Tech Coast Equity Group The Technology Council recently presented a panel discussion on advisory boards, The Art of Building and Using an Effective Advisory Board. The panel was chaired by Feyzi Fatehi, CEO of Corent Technology. Wayne Pinnell, Managing Partner of Haskell & White, Mark Monaghan, Business Growth Specialist and Managing Principal of [.].

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Goodreads Acquired By Amazon.com

socalTECH

Book review and community Goodreads , which was founded in Santa Monica by Otis Chander, has been acquired by Amazon.com , Amazon said Thursday afternoon. Financial terms of the buy were not disclosed. Goodreads' site revolves around sharing book recommendations and networking between book readers. Goodreads was venture backed by True Ventures, Mike Jones (now at Science, Inc.), James Currier, Michael Birch, Chris Michel, and Stan Chudnovsky.

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Important notice to Berkonomics RSS feed readers!

Berkonomics

You may lose your feed immediately after this notice (March 26th, 2013) as we switch today from Feedburner to local control of your feeds. PLEASE come to [link] now and re-enter your email address at the RSS on the upper right of the screen to continue receiving your feeds. (Email readers are not affected by this change.). Thank you! Dave Berkus.

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The Art of Building and Using an Effective Advisory Board

Technology Council

By Charles J. Curto, Managing Principal of Tech Coast Equity Group The Technology Council recently presented a panel discussion on advisory boards, The Art of Building and Using an Effective Advisory Board. The panel was chaired by Feyzi Fatehi, CEO of Corent Technology. Wayne Pinnell, Managing Partner of Haskell & White, Mark Monaghan, Business Growth Specialist and Managing Principal of […].

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PaeDae Ups Ante On Software Recruiting, Dangles Chance At Spaceflight

socalTECH

Things definitely look to be heating up in the software recruiting world, at least, if you judge the latest offer from a local startup to find local recruits for software developers. Los Angeles-based Paedae , which is develops software aimed at mobile and online application developers with marketing and monetization, said Tuesday that it will offer the chance at a flight to space--or $200,000--to a new hire.

Software 204
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Fireside Chat with Cameron Olthuis | VP of Search and Social Strategies at CBS Interactive

Tech Zulu Event

TechZulu is excited to invite you on April 24, 2013 at 7pm , to a fireside chat with Cameron Olthuis , VP of Search and Social Strategies at CBS Interactive. Cameron will be interviewed by our very own Espree Devora , known as “the Girl who Gets it Done” and creator of SaveBusinessTime. Cameron will share his experience on Search and Social Strategies for Start ups.

Startup 105
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Running Your Own Startup Comes With Accountability

Startup Professionals Musings

Everyone seems to like the aspect of being an entrepreneur that goes with “being your own boss” and “able to do things my way.” But sometimes they forget that this kind of freedom comes with a price of personal accountability. Accountability means “the buck stops here,” and “all the failures are mine.” Too many people seem to do whatever it takes to avoid accountability, both before and after the fact.

Startup 100
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A Copernican Shift In Our Economic Thinking

Daradiction

Eversince I read Kalle Lasn's (Adbusters Founder) book "Culture Jam: The Uncooling of America" I've been fascinated with his anti consumer stance. Idealism aside, this set of images from his most recent book "Meme Wars: The Creative Destruction of Neoclassical Econmics" paints a stark contrast to business as usual.

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Report: Goodreads Exit Worth Around $150M-$200M

socalTECH

It looks like the sale of book review and community Goodreads was worth between $150M to $200M, according to a report form AllThingsD Friday, potentially making the acquisition one of the better returns on capital from a Southern California technology startup in recent years. Goodreads--while now located in San Francisco--was started and ran out of Santa Monica for years, and had the backing of such local angels as Mike Jones (now at Science Inc.).

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Submissions Now Open For Spotlight: LA Tech Spring

Tech Zulu Event

TechZulu and The Entrepreneurship Association at UCLA’s Anderson School of Management are pleased to announce Spotlight: LA Tech Spring. Spotlight: LA Tech is part of a quarterly demo series that will highlight the finest technology entrepreneurship in Southern California. TechZulu is ramping up to do it all again with an all new group of companies and a SuperDemo.

UCLA 104
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7 Worst Entrepreneurial Perceptions From Engineers

Startup Professionals Musings

Every engineer who has invented some new technology, or is adept at creating solutions, believes that is the hard part, and it should be a short step to take that solution to market as an entrepreneur. In reality, that short business step embodies far more risk, and a poor technology solution is not near the top of most lists of common reasons for business failures.

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Where to Find Venture Funding in Southern California

From the Venture Trenches

'Over the past several years there have been a plethora of incubators and accelerators springing up all over southern California and particularly on the west side of Los Angeles. Along with these institutions there have been an assortment of listing, news and publication services that can keep you up to date on events that are happening around town.

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ParkMe Expands In Washington, D.C.

socalTECH

Santa Monica-based ParkMe , the venture-backed developer of mobile parking information applications, said today that it has inked a deal with Washington, D.C.-based parking operator Colonial Parking. ParkMe said that it will provide real-time occupancy information for more than 100 parking facilities in DC via the deal. Financial details of the deal were not disclosed.

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thePortfolium | An Online Portfolio

Tech Zulu Event

The online job search is one of the biggest online tools used. Who isn’t looking for a job? Who isn’t looking forward to changing or growing their careers? Who isn’t satisfied with their pay or position? And who isn’t looking for a job right out of college? The founders of thePortfolium thought about the same thing too and decided to help, especially for those starting out in life after college.

Tool 102
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The Semantic Web Opens a New Age for Entrepreneurs

Startup Professionals Musings

Someday you will be able to ask your browser or smart phone open questions like "Where should I take my wife for a good movie and dinner?" Your browser would consult its intelligence of what you and she like and dislike, take into account your current location, and then suggest the right movies and restaurants. If you are the first to deliver this, your startup might be the next Google!

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Backing the Jockey and Not the Horse

From the Venture Trenches

'“So are there any other tips you can give when pitching VC’s?” The question was posed by Nolan Simons, an LMU student from Professor David Choi’s Business Incubation class. I was invited along with Kluge’s CEO, Arturo Perez , to listen to five companies from the class pitch their ideas. It was our job to take notes and provide feedback and I was giving Nolan some advice on what investors like to see in a founder.

Startup 45
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Amazon Betas Gets Greenlight

socalTECH

It looks like Ed Begley, Jr., is hanging out at Santa Monica technology coworking and tech hangout ROC--thanks to a new online series being piloted by Amazon.com Amazon.com officially announced the greenlighting of a new, comedy pilot called Betas , centered around what it described as "four computer geeks and their quest for nerd fame". The comedy pilot, which is set in the "land of Silicon Valley start-ups", is actually being filmed at ROC Santa Monica, the real-life, startup coworking space w

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Shervin Talieh | The Force Behind a Rising Tech Scene

Tech Zulu Event

Shervin Talieh, founder and CEO of Drumbi , an OC-based startup, is one of the bright tech stars in Orange County who is disrupting telephony through the creation of an innovative communications platform. Many consider him to be the godfather of the burgeoning tech scene in the region. With Drumbi’s software, there’s no wait and no automated prompts.

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A Winning Startup Team Takes a Learning Leader

Startup Professionals Musings

Starting and running a company is a team effort. Yes, it takes a leader (entrepreneur), but you can’t do it alone, without a team. Maybe only you and a co-founder comprise the team at first, to provide key skills, back you up, and test your ideas. As the startup grows, the team has to be able to really push you in making growth decisions, rather than you pulling them along.

Startup 95
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Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

'The recent firing of Groupon’s CEO Andrew Mason is a cautionary tale of the increased scrutiny and heightened expectations that come from accessing increasingly larger amounts of investment capital. If Groupon remained a bootstrapped entity or a business built on the back of funds raised from friends and family, Mason would still be firmly entrenched as founder and Chief Executive.

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DogVacay Debuts iPhone App For Hosts

socalTECH

DogVacay , the online peer-to-peer marketplace for dog sitting services, announced today that it has released its own, iPhone application which makes it easier for its hosts to manage bookings through the service. DogVacay said that the new app lets hosts accept bookings, message customers, create custom quotes, and send photo updates from their phone.

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USC Adds New Accelerator “Viterbi Startup Garage” to Silicon Beach

Tech Zulu Event

It is getting hot in here. So hot. USC has just thrown their hat into the ring of the flurry of startup activity happening in SoCal with the introduction of a new accelerator, the Viterbi Startup Garage. Viterbi, the engineering school at USC, has teamed up with United Talent Agency , and Silicon Valley VC firm Kleiner Perkins Caufield & Beyers to support new ventures by USC students and alumni.

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Startups Stick with Organic vs Paid Search Results

Startup Professionals Musings

Probably every one of you who has a business and a website have been approached through email or personal contact, and asked to spend money on paid search results (appear on the first page of search results, right hand column, despite low SEO rank). What most people don’t realize is that, according to new research , 90% of search engine users rarely look at the paid results.

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Everything about Java 8

TechEmpower

The following post is a comprehensive summary of the developer-facing changes coming in Java 8. This next iteration of the JDK is currently scheduled for general availability in September 2013. At the time of this writing, Java 8 development is still very much in progress. Language features and APIs may still change. I'll do my best to keep this document up to date.

Java 560
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USC Viterbi Launches Startup Accelerator

socalTECH

Add another startup accelerator to the growing list of Southern California startup accelerators: this time, from the University of Southern California's Viterbi School of Engineering. USC revealed this morning that it has created a new, startup accelerator on campus, the Viterbi Startup Garage , which will help students and alumni start technology companies in Los Angeles.

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ROAR.pro | Social Good At It’s Core

Tech Zulu Event

Sometimes the companies with the biggest social good impact, move in a humble motion, creating waves of excellence. This is what I noticed when I stumbled upon ROAR.pro. As a start-up mobile app development company, ROAR focuses on the non-profit and church verticals. ROAR is an integration partner of Appcelerator, and they build native cross platform apps on Titanium.

Mobile 92
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Avoid Career Missteps From Employee to Entrepreneur

Startup Professionals Musings

Many people, especially those who have spent years struggling up the corporate ladder, dream of jumping ship and becoming an entrepreneur. But every job move is fraught with risk, and the move from employee to entrepreneur is on the high end of the risk curve. This is a big jump, especially in an unstable economy, so do your homework first on this one.

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Framework Benchmarks

TechEmpower

About What we do Portfolio People Blog Contact. Blog. You are viewing a single entry. Please also check out the most recent entries. March 28, 2013. Framework Benchmarks. How much does your framework choice affect performance? The answer may surprise you. Authors Note: Were using the word "framework" loosely to refer to platforms, micro-frameworks, and full-stack frameworks.

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USC's Startup Accelerator Targets 10 Companies, Starts In May

socalTECH

More details on the University of Southern California 's new Viterbi Startup Garage , the brand new startup accelerator being backed by the United Talent Agency and Kleiner, Perkins, Caufield & Byers, have emerged, with the school saying that it plans to provide grants and mentorship to approximately 10 companies for a 12 week session starting in May.

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Utopia Parkway in LA | Ride-Sharing Revolution

Tech Zulu Event

I’m obsessed with the ride-share revolution sweeping the nation. My interest was piqued last year during a phone call with Nick Allen, a member of my CALinnovates Advisory Board. Nick told me that he was in the process of winding down his fund at Spring Ventures, which would allow him to focus his energy on a new business he founded with Sunil Paul.

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Document your tribal knowledge.

Berkonomics

It is not common for the CEO of a rapidly growing company to think of slowing down the furious pace enough to have each manager (including the CEO) document the job process managed, as well as see to the documentation for each process managed below. And it is even more of a challenge to consider documenting the tribal knowledge of a company’s key employees.

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Use Micro-Startup Principles to Skip Investor Pain

Startup Professionals Musings

This past year, I’ve heard more and more about a new type of small business, called a “micro-business” (or micro-enterprise). These are usually characterized as owner-operated, with five employees or less, and less than $250,000 in sales. With the low cost of e-commence entry, and powerful Internet technologies, they require minimal capital to start, perhaps as little as $500.

Startup 98
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OpenX Sets Marketing Head

socalTECH

Los Angeles-based online advertising technology provider OpenX announced this morning that it has named Matthew Reid as its new Vice President of Marketing. Reid previously was SVP of Marketing for Gehry Technologies, and also served at Eucalyptus Systems and Expertcity (Citrix Online), where he was responsible for launching GoToMeeting. OpenX said that Reid will oversee branding, customer acquisition and product marketing.

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