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Social Networking and Business Value

SoCal CTO

Just a quick note that I'll be moderating a Technology Council Event : Social Networking as a Business Strategy May 19, 2009 - Culver City Social networking media are used on a daily basis to grow businesses and expand career opportunities. Can social networking be a money-maker for companies?

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Is Silicon Valley Really Coming to an End?

Both Sides of the Table

By now you probably know that David Sacks , co-founder of PayPal and founder of both Geni & Yammer made some observations on Facebook that Silicon Valley “as we know it” was coming to an end. “In order to create a successful new company, you have to find an idea that. (1) I described that here in this post.

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This Week in Venture Capital – Episode 3

Both Sides of the Table

Assistly “Multi-channel customer support and management service&# – this is another industry I love and I specifically love the team at Assistly. They have done 3 startups in the customer support space and one that wasn’t. Increasing this is also migrating to social network messaging but email is still king.

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Interview with Jon Ferrara, Nimble

socalTECH

What Nimble is, is a web-based solution that unified contact, calendar, and the way you communicate with those people, which also integrates social listening and engagement, all in a single place, so you can attract and retain the right customers. That is relationship nirvana, my vision of social business.

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Venture Capital Q&A Session

Both Sides of the Table

People buy companies for 3 primary reasons: 1) they want the management team / talent 2) they want the technology or 3) they want the market traction (revenue, customer base, profits, etc). In the era of social networking if you can’t figure out how to get intro’d to me you probably aren’t cut out to be an entrepreneur.

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The Amazing Power of Deflationary Economics for Startups

Both Sides of the Table

Initially their only customers are people who can get by on the reduced functionality or perhaps don’t have the money to spend on the expensive product. Often major customers defect en masse to the new entrant as they realize that the huge price premium is not justified by the product differentials. It’s remarkable.

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Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

I had been selling large content management systems and storing documents for industrial-scale customers. Many of the biggest customers wanted to be able to physically walk through our data center – how could I give up something so strategic? I was dead set against it. Especially to a company that sells books! Other Layers.

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