Why I Look for Obsessive and Competitive Founders

Both Sides of the Table

He wants to compete to be the lead drummer in the competitive ensemble and study under Terence, an obsessive instructor who is hell bent on winning competitions for the school. But the film has my brain buzzing all week about obsessive and competitive people. Obsession.

Meet Our Startup of the Year Competition Semifinalists: Mobile Therapy

Tech.Co

From apps to hardware, to KickStarter successes and international startups, we’re inching closer to finding out who will take home the title of Startup of the Year competition at our annual Celebrate Conference in October. Among the dozens of participants that applied for the online competitions, only a few progressed into the semifinals. Co: What was the road like leading up to your initial pitch for the competition?

Trending Sources

USC Marshall Awards $50K In Seed Funding Competition

socalTECH

Six companies started by students at the University of Southern California's Lloyd Greif Center for Entrepreneurial Studies at USC Marshall have been awarded a total of $50,000 in seed funding, after competing in the center's New Venture Seed Competition held this week.

Pitch Competition Like No Other: A Dating Site For Puppets?

socalTECH

A new technology "pitch competition", Techgladiatr , said it is giving away "beer, BBQ, and cupcakes" as part of a pitch event tonight which will give startups 30 minutes to pitch "a business inspired by a random idea". Personal rocket ship company ? A dating site for puppets?

A.I. Chip Race Redraws Competitive Map Among Tech Firms, Chipmakers

Xconomy

It’s been a long time since tech’s biggest companies could be sorted into discrete buckets according to the products they pioneered—-Google, the search software giant; Apple, the computer and mobile device innovator; e-commerce leader Amazon; business software stalwart Microsoft; and social media engine Facebook.

What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. In 2015 in the US there were $77 billion written into startup tech companies.

Competition Is A Lie – Tracy DiNunzio Explains Why

InfoChachkie

Tracy DiNunzio, Founder and CEO of Tradesy , recently shared her insights regarding the best approach for entrepreneurs to address competition. competition''s a really interesting thing. I''ve seen well-funded companies fall apart. Competition Is A Lie.

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. I often see companies burning $100,000 per month (net) looking to raise $6-8 million. Ask other portfolio companies how your VC acted when / if they got in a cash pinch.

VOKLE Boots Up Online Singing Competition

socalTECH

In an interesting application of a live, streaming video site, Santa Monica-based Vokle , the online, interactive live events service headed by Robert Kiraz, announced today that it is hosting a live singing competition on its site. The competition will be streamed live via webcam to Vokle's viewers. The company said the competition is open to anyone with a webcam, with online auditions on October 1st. vokle live video event singing competition

Qualcomm Launches Third QPrize Competition

socalTECH

San Diego-based Qualcomm has launched its third annual QPrize competition, the competition where the firm looks to vet and fund early stage technology companies from around the world. Qualcomm said it has increased its total prize pool to $1M for the year, and also added Brazil and Eastern Europe as regions covered by the competition. qualcomm qprize competition business plan compete wireless

The Silent Killer – The Company Your Community Never Created

Both Sides of the Table

I was at a dinner recently in Chicago and the table discussion was about building great companies outside of Silicon Valley. It’s not the great companies you build, it’s the silent killer of those that should have been build locally and weren’t. For example, Lookout is a mobile security company that was founded by three talented graduates of USC. Klout was an LA company – sold for $200 million to Lithium.

Maximize Your Exit By Not Selling Your Company

InfoChachkie

However, in many cases, acquiring companies behave less rationally than Mr. Jackson. Citrix politely approached us, told us they had an interest in acquiring our company and then asked us, “How much?”. Our response was that there was no “price” as our company was not for sale.

HipTraveler | Taking Startup Competitions by Storm

Tech Zulu Event

The University of Southern California is home to many innovative students and companies. The company was founded in 2012, developed by an all-Trojan team and has already made a big splash with this first-of-its-kind travel website.

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Is Your Company Independent or Co-Dependent?

Xconomy

Employees are a critical part of any company’s backbone, no matter the size or industry of the business. They are the driving force that executes the company vision on a daily basis, and make decisions that make it possible to achieve its growth and goals. This is the reason many businesses wisely place a huge value on human capital and prioritize their focus on retention though recruitment techniques like competitive benefits and incentives.

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. So he launched a company with exclusively paid search.

Qualcomm Ventures Kicks Off Startup Competition

socalTECH

San Diego-based Qualcomm Ventures , the venture investment arm of Qualcomm, has kicked off its annual venture competition, the QPrize , dangling seven $100,000 regional prizes and a $150,000 grand prize. Qualcomm said the deadline for the startup competition this year is April 18th.

The Crowd Has Spoken: Check Out The Coolest US Tech Companies

InfoChachkie

What American tech company is the coolest? The rest of the country may be in a recession, but hiring within the tech community remains highly competitive. As such, a reputation as a cool company is a competitive advantage to be cultivated and coveted.

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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.

MP3Tunes Gets New Competition From Amazon

socalTECH

San Diego-based MP3Tunes , the cloud music storage service startup headed by Michael Robertson, has some stiff new competition today. The new Amazon service is a direct competitor to MP3Tunes, a music locker service started by Robertson, a serial entrepreneur known for MP3.com, Gizmo5, and Linspire, among other companies.

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3 Ways to Create a High Performance Company Culture

Frank Addante

Great company culture isn’t just about ping pong tables, free lunches, bouncy ball chairs and free gummy bears. As CEO of Rubicon Project, a lot of people ask me what defines the culture of our company. Here’s my take on a few things effective company culture is about…and a few things it’s not about: 1. This is tremendously helpful when communicating the story of your company … starting with the “why” will inspire the highest performance from your team.

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Lessons Big Companies Should Learn from Entrepreneurs

Jason Nazar

Entrepreneurs often lament big companies, but most of us hope we’ll create just that. Add in public company demands, lawsuit targets, & millions of customers to continually satisfy, and you have to have great respect for those doing it well.

Crowdfunder Dangles $25K In LA Startup Competition

socalTECH

Crowdfunder , an online site offering up a platform to help startups raise money for their firms via crowd funding, is dangling $25,000 in a contest open to Los Angeles companies. The firm, headed by Chance Barnett, said that its new crowdsourced startup contest, called CROWDSTART LA , will award $25,000 in funding for the company judged the most popular via votes on the site.

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Caplinked Business Plan Competition Live Today

Tech Zulu Event

Late last year we announced that local Southern California startup Caplinked was launching a worldwide pitch competition for entrepreneurs to present their business ideas to a panel of all-star judges from Idealab, Rincon, and Chris Yeh. Company founders and aspiring entrepreneurs of all-stripes were welcome to submit their plans for a chance at fame and glory, as well as international exposure for their company.

Explaining FNAC: Feature, Not a Company

Both Sides of the Table

Feature, not a company. Whether something is a feature or a company is clearly subjective. And sometimes features (say, Twitter) turn into companies. At minute eight I spoke about group messaging companies as “features, not companies.&# FNAC.

Inston, Cyberflow Advanced Towards $150,000 Cisco Innovation Award

socalTECH

Two, Southern California companies have made the semi-finalist list for the much-watch Cisco Innovation Grand Challenge competition, which promises to give out $150,000 to a company developing the "next best thing" in the Internet-of-Things area. Cisco said Thursday that San Diego-based CyberFlow Analytics and Los Angeles-based Inston are one of fifteen semifinalists that were selected out of 3,000 participants from 100 countries entering the competition.

SPOTLITE Launches Singing Competition App

socalTECH

Spotlite said its executives come from such companies as Google Music, Yahoo! The company's offices in Los Angeles are listed in Walnut. The company says it will award a minimum prize of $2000 for its contests, with winners chosen bi-weekly. spotlite singing competition talent music musician iphone androidLos Angeles- and Beijing-based SPOTLITE says it has launched a new, mobile app, which lets music fans sing original music, cover, or karaoke songs to win money.

LA Taxi Company Challenges Uber, Lyft, Sidecar

socalTECH

UITD--which is one of the companies working with competing smartphone app provider Flywheel to counter the other ridesharing companies--told the LA Weekly it has seen at least a drop of 30 percent in business from weekend club-goers in the South Bay and in West Hollywood.

Insights: Ten reasons to start a company; ten reasons not to

socalTECH

Today's Insights and Opinions article comes from Megan Lisa Jones , an investment banker and investor, who says: yes, it's a bubble, and gives her top ten reason to start a company, and ten reasons not to. Start up conferences and competitions.

Wpromote Launches Scholarship For Students In Digital Marketing

socalTECH

The company will award a $1500, $1000, and $500 scholarship to students who are in high school, undergraduate school and graduate school, and are open to students of all majors and academic disciplines. wpromote scholarship digital marketing high school student education contest competitionLos Angeles-based digital marketing agency Wpromote said on Monday that it has launched a new set of scholsrships, which will go to students interested in digital marketing.

Toshiba Sues Western Digital Over Unfair Competition

socalTECH

Irvine-based Western Digital has just been sued by Toshiba Corporation , which is seeking $1 billion in damages for what it says is violation of the Unfair Competition Prevention Act. company, and its subsidiary Western Digital Technologies, Inc. Toshiba claims that Western Digital does not hold the ownership interests in joint venture companies co-owned with SanDisk it says it does. toshiba western digital competition legal joint venture memory flash

10 Signs Your Company Isn’t Ready to Raise Startup Capital

Tech Zulu Event

For many companies, bootstrapping will only get your company so far…and then, in order to grow bigger, faster, it’s likely that you’ll need some additional capital from an outside investor. Your company can grow, earn revenue, and gain traction, all without a VC dime.

Echo Labs Wins “Quick Pitch” Contest with Digital Hybrid Microscope

Xconomy

By popular acclaim, San Diego-based Echo Laboratories founder Eugene Cho claimed top honors, and a $15,000 check, for his two-minute presentation last week in the 10th annual “Quick Pitch” competition, hosted by San Diego’s Tech Coast Angels.

Be careful how you define your competition.

Berkonomics

Professional investors laugh when they hear an entrepreneur state, “We have no competition.” Whether the entrepreneur has not been able to find companies doing “something like” the plan, or s/he has not considered the most obvious killer of new ideas – doing nothing, it is a faux pas that should never be allowed to happen. That statement has killed more investment deals than almost any other.