Both Sides of the Table
JANUARY 22, 2014
'Picking a VC is hard. You don’t really have much to go on to decide who would make a good fit. Reputation of firm? Of partner? Deals done in your industry? It’s a bit of all of these. I had an enjoyable conversation this morning with a young team straight out of college this morning and they were calling to ask advice on how to approach fund raising (angels vs.
InfoChachkie
JANUARY 20, 2014
'A version of this article previously appeared on Forbes. How much will social media fame cost you in 2014? At $6,800, it is probably cheaper than you thought. This money will buy you a million Twitter followers, get you a million YouTube views and 20,000 Likes on your Facebook page. As a bonus, you''ll also enjoy a robust number of Pinterest, Tumbler and Instagram followers and you''ll still have room in your budget for 250 comments on your blog and about 100,000 views on Vimeo.
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socalTECH
JANUARY 22, 2014
'Santa Monica-based NearWoo said today that it has linked up with Google''s DoubleClick Ad Exchange, allowing its 4,000 local mobile advertisers to access the ad inventory on DoubleClick. According to NearWoo, the deal gives its local mobile advertisers access to the sites, apps and games where Google delivers it mobile ads. NearWoo''s customers include small businesses like plumbers, nail salons, and dentists, who use NearWoo''s service to help attract local customers.
Eric Greenspan
JANUARY 19, 2014
'schoolofbookkeeping.com provides video learning courses covering bookkeeping and accounting topics, answers to your toughest accounting questions, jobs and client referrals, an extraordinary community, and practice development solutions for bookkeepers, QuickBooks® ProAdvisors, EAs, CPAs and business owners. Our content is produced by Seth David, one of the most prominent bookkeeping educators on YouTube.
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Both Sides of the Table
JANUARY 18, 2014
'In my recent post “ Why Am I So Lucky? Why You Need to Be Sure You’re Not the Sucker ” I talked about how VCs (or other investors) get deals sent to them and how to interpret a referral. I tried to make a simple point: People have motives when they send you a deal. Sometimes those motives are positive (they really want the chance to work with you, they think you have unique skills) and sometimes they are less positive (their first-tier of “go to” referrals passed on the
Startup Professionals Musings
JANUARY 19, 2014
'Too many entrepreneurs confuse actions with momentum and results. We all know someone who repeatedly tells us how “busy” they are, when it’s hard to see what they get done. Momentum is moving things forward (mass x velocity). Founders or employees in constant motion, but with no momentum, will never get off the ground. It is true that motion in any direction is often better than no motion at all.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Eric Greenspan
JANUARY 19, 2014
'To the moon, Eric David Greenspan. I''m Eric Greenspan, Not Eric Greenspan Nor Eric Greenspan. Father. Ferocious entrepreneur. Marketing maniac. Creator of mind blowing customer experiences. Soft hearted, strong willed. Feel free to friend/follow/connect with me here: [link]. [link]. [link]. About my company(s): [link]. [link]. The post Check out schoolofbookkeeping.com appeared first on Eric David Greenspan.
Tech Zulu Event
JANUARY 24, 2014
'Online dating is a curious thing. As an industry that’s grown in undeniable user adoption and public approval , it also serves as a subject that ranges from hilarious to highly lucrative. With that, there remains an uncertain stigma about technology-enabled romance. The conversation’s moved well past the point of black or white acceptance into grayer areas – specifically from “would you use it” questions to its viability to yield lasting, meaningful connections, (t
Startup Professionals Musings
JANUARY 18, 2014
'I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Maybe it’s time to look harder at the mantra of a new breed of gurus and successful entrepreneurs, including Steve Blank and Eric Ries , called “nail it then scale it” (NISI).
socalTECH
JANUARY 21, 2014
'Los Angeles-based Petnet --a developer of automated, smartphone-connected devices to feed your pets when you are away--said this morning that it has raised $1.125M in a seed funding round. The funding came from Grishin Robotics, Kima Ventures, SparkLabs Global Ventures, and Launch Capital. According to Petnet, the funding goes towards commercializing its "intelligent pet feeder", which it expects to ship in mid-2014.
Eric Greenspan
JANUARY 19, 2014
'The post Check out schoolofbookkeeping.com appeared first on Eric Greenspan.
Tech Zulu Event
JANUARY 21, 2014
'Overall, great news for our fair city with a 25% increase in funds raised in 2013 over the year before. This last year, we saw a record high of over $1 billion raised with 200 launches and 25 successful exits which yielded $1.11 billion. These figures, among others, indicate LA’s digital startups aren’t simply keeping pace with past years, but exceeding them.
Startup Professionals Musings
JANUARY 20, 2014
'Many entrepreneurs forget that their success is more about helping other people than about personally becoming famous, or overcoming the odds and getting rich. A successful business has to satisfy customers with a strong team, by helping them solve problems, save money, or experience more pleasure. That means more focus on helping others achieve their goals.
socalTECH
JANUARY 22, 2014
'Los Angeles-based web hosting provider Media Temple -- which was recently acquired by GoDaddy -- said it is moving its flagship hosting platform over to solid state disk drives. According to the company, its hosting platform, the Grid, will be completely off spinning drives by the end of January, a move that the company has been making over the last six months.
Berkonomics
JANUARY 23, 2014
'Some businesses are built around a single idea. And sometimes that idea is just too small a slice of the big picture to be interesting to investors. There was a recent investor event where I was keynote speaker, on stage only after several panels of experts had wowed the audience with their predictions and observations. One of the panelists made a point that resonated with me.
Tech Zulu Event
JANUARY 23, 2014
'Online video is still growing. YouTube’s stats are larger than ever , Vine is reaching critical mass with its first TMZ controversy , and all the live streaming services are pivoting toward profitability. Altogether business is booming, but creativity is still up-and-coming with very few YouTubers making a successful transition to television.
Startup Professionals Musings
JANUARY 24, 2014
'In my years of mentoring entrepreneurs, a problem I have seen too often is low self-esteem, and over-compensating through arrogance and ego. These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. As an employee, low self-esteem leads to low confidence, poor productivity, and no job satisfaction. Fortunately, both can be fixed.
socalTECH
JANUARY 24, 2014
'Los Angeles-based PostageAnywhere , a new startup, said Thursday that it has launched a new, cloud-based postage and shipping service, which lets users print official, USPS postage online. The startup--which looks to be aiming at Stamps.com--said its service is the lowest cost online postage platform and does not require monthly fees. The startup is led by Greg Ojeda.
socalTECH
JANUARY 23, 2014
'Santa Monica-based startup accelerator MuckerLab unveiled its latest class of startups yesterday at its Demo Day, showing off the third class of companies out of its program. MuckerLab''s newest class includes BloomNation , a marketplace for florists; Emailage , a fraud detection service for retailers, financial institutions, and others; LeaseLock , a financial startup aimed at rental guarantees; Service Titan , which provides software for managing service technicians; ShopParity , customer acq
socalTECH
JANUARY 21, 2014
'Santa Barbara-based wireless sound system manufacturer Sonos said today that it has tied its products into the new Beats Music streaming music service, which was launched today. According to Sonos, Beats Music can now be streamed directly to its wireless music systems, as long as users have a subscription to Beats Music. Sonos also said that as part of the move, MOG -- which was acquired by Beats Music in 2012 as part of the runup to the launch, and already was connected into the Sonos system -
socalTECH
JANUARY 22, 2014
'Irvine-based Broadcom said today that its wireless Internet chips are being used as part of a new line of smart appliances from Haier. According to Broadcom, Haier is using its Wireless Internet Connectivity for Embedded (WICED) platform for a number of smart appliances, including Internet-connected an air conditioner, wine cooler, refrigerator, water heater and washing machine.
socalTECH
JANUARY 23, 2014
'Santa Monica-based Gravity , the real-time, personalization software developer led by Amit Kapur, has been acquired by AOL , in a deal worth $83M, plus $7.7M in earnout. According to AOL, it will use Gravity''s technology to create more engaging, relevant, and valuable experiences for its consumers, advertisers and publisher partners. Gravity was venture backed by August Capital, Redpoint Ventures, and Upfront Ventures, and had raised around $20.6M in total funding.
socalTECH
JANUARY 21, 2014
'Huntington Beach-based Olloclip , the developer of the popular combination lenses for the iPhone, announced this morning that it has signed on an exclusive distributor of its product to the action sports industry. Olloclip said that Dwindle Distribution--a distributor of skateboard products and apparel--is the exclusive action sports distributor for its products.
socalTECH
JANUARY 21, 2014
'Beats Music , the streaming music service which is being developed by Santa Monica-based Beats Electronics, officially launched this morning on the web and via an iPhone application. The service, which costs $9.99 a month, is being launched along with partners AT&T and Target. Beats Electronics is being run by Ian Rogers , the former head of Topspin Media and GM of Yahoo!
socalTECH
JANUARY 22, 2014
'Venice, California-based Snapchat seems to have learned its lesson from its recent security breach , and has proactively added a new CAPTCHA feature -- asking new users to select images containing its trademark ghost to prove they are human, and not a machine when creating an account. The new feature rolled out Tuesday. The move comes after the company was embarassed by a major exposure of its users using software which would randomly input phone numbers into its "Find Friends" feature to link
socalTECH
JANUARY 24, 2014
'Are you one of the people who enjoys watching the ads for the Super Bowl as much as you enjoy the game itself? Los Angeles-based Hulu is gearing up once again for the Super Bowl, and recently launched its Hulu AdZone. The site lets viewers view both new and old commercials from the current and prior Super Bowl season, including the many popular ads from prior Super Bowls.
socalTECH
JANUARY 23, 2014
'Los Angeles-based StackSocial , the online deals site which lets users buy gadgets, software games, and more for the Mac and other products, has debuted a new, native iOS app , the company said today. The company--which says it now has over 600,000 "early adopters and geeks" in its community, said the new app lets users discover and purchase new products.
socalTECH
JANUARY 21, 2014
'Santa Monica-based software developer Cornerstone OnDemand reported today that it has scored a win at New Belgium Brewing as a customer. Financial details of the win were not announced. Cornerstone OnDemand said that the major brewing company--the third largest brewer of craft beer in the nation--will use its software for recruiting, learning management, and other employee management for its 500 employees.
socalTECH
JANUARY 21, 2014
'The surge in Southern California, cloud-based software investments continues today, as Irvine-based Kareo said this morning that it has raised $29.5M in a growth capital financing. The company--which develops cloud-based, medical office software--said the funding was led by Greenspring Associates, and also included OpenView Ventures and Silicon Valley Bank.
socalTECH
JANUARY 24, 2014
'San Diego-based Qualcomm said late Thursday that it has acquired a huge stash of patents from HP , covering patents from Palm, IPAQ, and Bitfone. According to Qualcomm, it acquired approximately 1,000 granted patents and pending patent applications from Hewlett-Packard Company, Hewlett-Packard Development Co LP and Palm Inc., including technology covering "fundamental" mobile operating system techniques.
socalTECH
JANUARY 24, 2014
'Los Angeles-based Allied Wallet , a provider of online credit card processing, said this week that it has acquired Chinese payment processor, CloudAsia , Financial terms of the buy were not disclosed. Allied Wallet said that CloudAsia is one of the largest Chinese payment processors in Hong Kong. Allied Wallet said the move will help it grow in Asia.
socalTECH
JANUARY 23, 2014
'Los Angeles-based biotech billionaire Dr. Patrick Soon-Shiong said Thursday that the world needs a "medical Manhattan Project" to tackle the issues of health, surrounding issues around a divide in health treatment between the rich and the poor, the risks of inaapropriate care, and more. Soon-Shiong said he''s starting a Manhattan Project of medicine via his contributions to a new publishing effort from Arianna Huffington, the World Post -- a new publishing effort aimed at global news, and featu
socalTECH
JANUARY 23, 2014
'Los Angeles-based wireless hotspot operator Boingo Wireless said yesterday that it has expanded its network of Wi-Fi hotspots, in a deal in Sao Paulo. According to Boingo, it has been selected to provide Wi-Fi services as Sao Paulo International Airport, and will design, install, and manage a Wi-Fi network at the airport, which serves 35 million passengers annually.
socalTECH
JANUARY 22, 2014
'Aliso Viejo-based UST Global , an international provider of IT services, said this morning that it has acquired Spanish company Testhouse Consultores S.A. , the Spanish arm of UK-based Testhouse Limited. Financial terms of the buy were not disclosed. UST Global said the move will help it shorten its time-to-market in Spain. UST Global says it currently has more than 14,000 employees internationally.
socalTECH
JANUARY 21, 2014
'Carlsbad-based radio frequency (RF) chip maker MaxLinear is in a design win with satellite equipment operator Pro Brand International , according to the company. Financial impact of the customer win was not announced. MaxLinear said that Pro Brand INternational is using its systems-on-a-chip for a direct braodcast, satellite digital antenna. Shipping volumes were not announced.
socalTECH
JANUARY 21, 2014
'San Diego-based wireless technology developer Qualcomm is the lead investor in a $14M round for Spanish Wi-fi sharing network operator Fon , the companies have announced. According to Fon, it raised $14M in a new financing round, led by Qualcomm Ventures, and also including Index Ventures, Google, Coral, Atomico and Deutsche Telekom (DT). Fon operates a Wi-fi hotspot sharing network, which lets users share bandwidth on their home Wi-Fi network in exchange for getting free access to other, Fon h
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