December, 2011

Should Startups Focus on Profitability or Not?

Both Sides of the Table

There are certain topics that even some of the best journalists can’t fully grok. One of them is profitability.

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Eleven Startup Tips From Mark Cuban


Article first published as Eleven Startup Tips From Mark Cuban on Technorati. Note: This is an installment in the Iconic Advice series. Other installments include: Jeff Bezos , Steve Jobs and Richard Branson.

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Trending Sources

Surfline's Collins Dies


Sean Collins , the founder of Huntington Beach-based Surfline , has died, according to the company. Surfline is the go-to site for surfing forecoasts, and was based on Collins' development of surf forecoasting methods over the last 30 years.

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TechZulu Presents 2012 Startup Forecast | Featuring Science, Tech Coast Angels, Amplify, StartEngine, upStart.LA

Tech Zulu Event

TechZulu is excited to invite you to the 2012 Startup and Entrepreneurial Forecast taking place on Tuesday Jan. 24 7pm at Coloft in Santa Monica. We have a line up of amazing speakers who will share their insights and forecast for startup trends in 2012.

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Worst Networking Call Ever


I just got off the phone with someone who wanted my help getting networked into the Santa Barbara business community. Little did I know when the call began, that it would end up being the worst networking call in which I have ever partaken. If you haven't already subscribed yet, subscribe now for. free weekly Infochachkie articles! A Little Research Goes a Long Way. Fortunately, the call was brief. However, in the fifteen minutes that we chatted, the caller made the following mistakes: Why?

Rovio Wants To Rival Disney, As It Heads Towards IPO


Rovio , the Finnish maker of the popular Angry Birds games, is talking up an initial public offering saying that it is looking to rival Burbank-based Walt Disney Co. as a media company.

TechZulu Heads to CES 2012! And Your Chance to Win A Kindle Fire!

Tech Zulu Event

TechZulu is heading out to CES and we have tons of products/gadgets/games/companies to review and interview. We want to hear from you as well and get what you are really interested in. So make sure you Follow @techzulu. for all your CES goodness.

Jacob Greenspan and David Schaeman perform at TEDxAmericanRiviera 11/11/11

Eric Greenspan

My son Jacob (14) and his pal David Schaeman (15) perform at TEDxAmericanRiviera 11/11/11. Needless to say, I’m very, very proud of this. But don’t take my word for it, listen to these boys play, they are phenomenal. Eric Greenspan


The trend is your friend.


Too many startup businesses, especially in the technology world, are built upon brand new concepts that have not yet been proven in the field with products from other companies that have revenues flowing.

The End of the Web? Don’t Bet on It. Here’s Why

Both Sides of the Table

Fred Wilson recently posted a great video on his blog with the CEO of Forrester Research, George Colony. The money slide is the graphic below. The chart shows three scarce resources and their improvements over time.

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Want To Be A TechStar? Read Brad Feld and Jason Mendelson’s New Book: Venture Deals


I recently reviewed Brad Feld and Jason Mendelson’s book Venture Deals , in THIS ENTRY. I concluded that it is an effective tool for leveling the playing field between sophisticated investors and emerging entrepreneurs.

Qualcomm Launches Medical Devices Subsidiary, $100M Fund


San Diego-based Qualcomm announced this morning that it has created a new, wholly owned subsidiary called Qualcomm Life , which will focus on wireless solutions for the medical devices market. The new subsidiary will also backed by a new, venture capital investment fund worth $100M, called the Qualcomm Life Fund , which will invest in medical device manufacturers.

Teaching Children Through Mobile Gaming | Go Go Mongo

Tech Zulu Event

These days we rarely find startups or mobile applications being built to focus on the progression of a children abilities for learning and their growth of a wider knowledge based from a younger age. Go Go Mongo, steps into that realm and has helped children learn about healthy eating.

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ExecTec - Networking is like Baking a Cake

SoCal Tech Calendar

Tuesday, January 3, 2012 -- ExecTec - Networking is like Baking a Cake. See [link] (more

The Fifty Percent Startup Rule


Fifty percent of all businesses formed fail within the first two years. . There are many variations of this number since there are a number of ways to measure failure. But the number is a startling reminder that creating a business is not easy, nor is it any assurance of success. . After speaking with many entrepreneurs over the years, each defines success in his or her unique way.

Why I’d Rather Err on the Side of Direct Feedback Than Pleasantries

Both Sides of the Table

A few weeks ago I was reading a blog post by MG Siegler that really struck a chord. The title was “The Jerk,” which is a reference to both the Steve Martin film but more precisely to Robert Scoble’s interpretation of Steve Jobs having just read his biography.

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Unlike You, Mark Zuckerberg And Bill Gates Can Go Both Ways


Article first published as Unlike You, Mark Zuckerberg And Bill Gates Can Go Both Ways on Technorati. Karch Kiraly (pronounced “cartch kur-ai”) is an anomaly. He is the only person to win Olympic gold medals in both indoor and beach volleyball. .

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Party Earth Finds $4.0M


Los Angeles-based Party Earth , a new startup focused on connecting people to bars, night clubs, lounges, and other night life, announced today that it has raised $4.0M in a funding round. Source of the new funding was not announced. Party Earth is headed by Sam Altman, and said it will provide personalized reviews and listings of the local venues, events, and other "social experiences" around the world. Party Earthy currently covers cities in both the U.S.

E-commerce’s Changing Landscape | Customization

Tech Zulu Event

Retail therapy has long been a rich country’s rite of passage. Although, the way we indulge our retail therapy is changing as quickly as our smartphones.


SoCal Tech Calendar

Thursday, January 5, 2012 -- LA CEOs, an education and support group for CEOs presents: Banking on the Difference; Changes and Strategies for Businesses AFTER The Great Recession After the summers Debt Standoff, Sand Ps Downgrade of the U.S., and this falls European Credit Lockup - whats in store for business in the New Year and beyond?

Is success a goal or a byproduct?


Look this up sometime in your browser: “Success is a byproduct, not a goal.” You will find it attributed to tens of originators.

Let Me Introduce Myself

Both Sides of the Table

I am a big believer in VC pitches that the bio slide should come up front. Actually, I think the advice in this post applies to any sales meeting also.

Top Ten infoChachkie Entries Of 2011


I began publishing my blog in 2008. For the first couple years, I wrote under the pseudonym Uncle Saul. I was hesitant to use my own name, as I did not want my blog to be perceived as a self-promotional vanity project. By early 2010, I found my stylistic voice and identified my audience of emerging entrepreneurs and thus dropped my penname. In addition, my role as Partner at Rincon Venture Partners provided me with a business reason to invest additional time and effort into my humble blog.

Skype Launches Free Airport Wi-Fi Deal


Peer-to-peer, voice-over-IP service Skype announced this morning that it will begin offering a free hour of Internet access, via third party wireless hotspots, in select airports across the U.S. Skype said the free access will be available from December 21st through December 27th.

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What’s Next for TECH in 2012? | Infographic

Tech Zulu Event

It’s always interesting to see how we’ve progressed over the years in industry. The most rapid of those industry’s being technology. Over the last 15 years we’ve seen a surge of industry and even overall life changes that have come from the tech space.

The State of the Capital Markets

SoCal Tech Calendar

Wednesday, January 4, 2012 -- The State of the Capital Markets. ACG 101. The economy remains weak, the national debt is growing rapidly, corporate profits are at all-time highs, and private equity firms have nearly $1 trillion in purchasing power. What does all this mean mean for the state of the capital markets?


Just Shipped 2011


Somehow I got the idea in my head that it would be a good habit to generate a brief 'end of year' chronicle what I shipped for the year, and use it as the basis for reflection and celebration. 2011 was a BIG year for me.

Getting to Know Maker Studios

Both Sides of the Table

A year ago I invested, along with Dana Settle at Greycroft Partners , in a startup company called Maker Studios. What excited me was that they had an immensely talented team that understood how to produce & distribute low-cost videos, initially via YouTube.