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Interview with Fariborz Maseeh, Maseeh Entrepreneurship Prize Competition

socalTECH

Last week, the University of Southern California 's Viterbi School of Engineering announced that it had established a new, business plan competition, the Maseeh Entrepreneurship Prize Competition ([link] specifically aimed at students in the engineering school. Why a business plan competition, and why in engineering school?

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The Changing Venture Landscape

Both Sides of the Table

.” * I first wrote about the changes to the Venture Capital ecosystem 10 years ago and this still serves as a good primer of how we arrived at 2011, a decade on from the Web 1.0 The market today would barely be recognizable by a time traveler from 2011. dot-com bonanza. Ten years on much has changed.

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Sell at the top? Avoid the race to zero!

Berkonomics

Competitors, seeing a successful development of a niche, flock into the competitive void with products or services built with a fresh view of the current environment. LivingSocial took in $583 million in capital in 2010 and 2011 with little left in time to show for the investment and tremendous dilution to the founders.

Pricing 156
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Shopatron Racks Up 85 Sporting Goods Clients

socalTECH

San Luise Obispo-based Shopatron , the developer of e-commerce software for brand manufacturers, reports today that it added a total of 85 new clients in the sporting goods industry during 2011. The firm said those clients included K2, Rossignol, Powderhorn, Quickpoles, Academy Snowboard, and Bolle, among many others. READ MORE>>.

Commerce 196
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Innovating a Traditional B2B Company

SoCal Tech Calendar

Tuesday, March 15, 2011 -- Innovating a Traditional B2B Company. Innovate or die is a common motto of business  especially when the market has matured to a point where the services are seen as a commodity and annual competitive bids are standard practice. San Diego MIT Forum. See [link] (more)

Company 124
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Avoid the race to zero…

Berkonomics

Competitors, seeing a successful development of a niche, flock into the competitive void with products or services built with a fresh view of the current environment. LivingSocial took in $583 million in capital in 2010 and 2011 with little left in time to show for the investment and tremendous dilution to the founders.

Pricing 120
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418