November, 2011

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If You Don’t Have a Discrete Hypothesis You Are Incapable of Failing

Both Sides of the Table

There are very few people in Silicon Valley who have such a precise grasp on what defines success of early-stage startup companies than Eric Ries. And there are very few people who so consistently exceed my expectations when I hear them speak. I find myself nodding – even when the topic is one I don’t expect to agree with such as “fail fast.” This week was no exception.

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Bank Robber Or ATM Operator – Which Are You?

InfoChachkie

Note: This is Part IV in the Startup Team Building series. Read Part I HERE , Part II HERE and Part III HERE. A Fortune 500 CEO once told me that I was a Bank Robber. Initially, I was offended. However, once he explained what he meant, I was flattered. Entrepreneurs are law-abiding Bank Robbers. They enjoy the hours spent plotting and scheming and pulling together a team of skilled specialists to accomplish the heist.

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Yowie Powers Another Town Hall For Presidential Candidate Gary Johnson

socalTECH

Los Angeles-based Yowie , the online video chat site headed by Jay Snider, which allows Internet users to interact with celebrities, bands, and others, looks to be playing a bigger role in the campaign of U.S. presidential candidate Gary Johnson. Yowie said today that, due to the success of a "town hall" with Johnson last week, Johnson is holding another town hall on the service, this time with FairTax.org's Phil Hinson.

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The thrill of the adventure!

Berkonomics

There is nothing quite as thrilling in business as igniting a startup and watching it blossom. Especially when starting a company with personal savings or money from relatives and friends, early signs of success are intoxicating. Each new customer, each mention in the press or online adds to the feeling of early accomplishment. And it is more satisfying because it is yours, from idea to execution.

Press 149
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Tablets: The New Media Platform

SoCal Tech Calendar

Tuesday, November 29, 2011 -- Tablets: The New Media Platform. How will we use tablets next? How will they evolve? How will carriers need to adapt? What will the evolution of apps look like? Will next-generation processors spawn super tablets? Find out the answers to these questions and more by joining us in a panel discussion with key industry players, Rob Chandhok of Qualcomm, Christy Wyatt of Motorola Mobility, Diana Zaccardi of Verizon Wireless, and moderated by Lucy Hood of USC, for a livel

Platform 124
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10 Clues That It’s Time to Start Your Own Business

Startup Professionals Musings

Many budding entrepreneurs struggle mightily with that first step – out of their comfort zone and into the unknown. They keep asking people like me whether the time is right, and the truth is that there’s never an ideal time to start your own business. It’s like starting a personal relationship, if you wait for exactly the right time, you’ll never do it.

Startup 109

More Trending

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Kevin O’Connor Discusses The Secrets Of Success - Hint: There Are No Secrets

InfoChachkie

Nearly one year ago, I published my first infoChachkie interview, with Kevin O’Connor , Co-Founder of FindTheBest. At that time, I was not utilizing video. Thus, I was very excited when Kevin graciously agreed to make an encore appearance via Skype. If you care to review my prior discussion with Kevin, you can do so HERE. Before starting FindTheBest, Kevin was the Co-Founder and CEO DoubleClick (sold to Google, $3.1B and a seed investor ISS (sold to IBM, $1.3B).

Press 260
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Republican Presidential Candidate Gary Johnson on Technology

socalTECH

In an interesting diversion from our usual interviews with startup entrepreneurs and investors, we had the chance to sit down earlier with Republican Presidential Candidate Gary Johnson , the former Governor of New Mexico, to talk about his online town hall with Los Angeles-based Yowie later today (at 5pm PST). Johnson spoke to us about his online outreach efforts, and how he's hoping those efforts will bring some visibility to his campaign.

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Find your rock in Ensenada. An encore.

Berkonomics

This week, for the first time, we republish an earlier post. With readership up three-fold since that posting in April, 2011, and with many great reader comments then, it is only natural to send you to the original post with those reader comments attached, rather than republish it here. So press this link to go right to that original posting. And thanks for your many comments and emails after last week’s final posting in the first cycle of BERKONOMICS.

Press 149
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upStart.LA Breakdown | Accelerators and Incubators: An Entrepreneur’s Point of View

Tech Zulu Event

So you have a startup idea, perhaps some level of execution or traction, but you or your co-founders are doing it blind; you trudge along with a little advice or knowledge you’ve picked up in torrented audio books after finally having made that decision to quit the 9-5. You continue to build your venture as lean as possible and hit a personal make it or break it point with a couple of unsuccessful investor meetings and very little guidance.

Incubator 107
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How to Recognize a Great Boss, or Even Be One

Startup Professionals Musings

Everyone can recognize a great manager a mile away, so why is it so hard to find one? We all remember a few that are “legends in their own mind”, but that doesn’t do it. In fact, the clue here is that the view in your mind is the only one that matters, rather than the other way around. Almost every one of us in business can remember that one special manager in their career who exemplifies the norm, who commanded our respect, and treated us like a friend, even in the toughest of personal or busin

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The Future of Television Presentation

Both Sides of the Table

I will be giving a speech today on The Future of Television at the PaidContent conference in LA. I will write way more details about this in the coming months but I thought I’d give you a sneak peak at my presentation for today. Future of TV. Feel free to leave comments and we can have a discussion about the topic in the Disqus comments section.

Writing 298
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What Entrepreneurs Can Learn From The Grateful Dead

InfoChachkie

“Contrariwise,” continued Tweedledee, “If it was so, it might be; and if it were so, it would be; but as it isn’t, it ain’t. That’s logic.”. Lewis Carroll, from Through The Looking Glass. Entrepreneurs often must take counter-intuitive, contrarian positions in order to succeed. As noted in Entrepreneurship Is A Compulsion , entrepreneurs often view the world from a slightly different vantage point, rejecting the oxymoronic term Conventional Wisdom. .

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San Diego Startups Band Together For Job Fair

socalTECH

Highlighting the continued growth in demand for technical talent, a group of ten San Diego startup is banding together to attract job seekers to their companies, According to San Diego's SweetLabs , the software developer behind Pokki and OpenCandy, it and another nine startups will run an event December 1st called 10 Startups, $100 Million in Funding, 100 New Jobs.

San Diego 249
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Interview with Michael Arrington – Startups Uncensored #23

Jason Nazar

Our next Startups Uncensored event is going to be very special. I’ll be doing a one-on-one interview with Michael Arrington, founder of TechCrunch and the new CrunchFund. Michael is an incredible serial entrepreneur who, in 2008, was listed as one of Time Magazine ‘s most influential people. We’ll also have some very special guests in attendance – Yossi Vardi (co-founder of ICQ) will be coming with leaders from 15 companies from Israel.

Startup 99
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Take Back Your Internet, Leave Klout

Tech Zulu Event

Klout, PeerIndex, Kred, and even Empire Avenue need to go away. These metrics-application rely on our need to know our “value” and will only continue to perpetuate the dilution of online engagement. This is an open call to the people that use these services, or are simply indexed by them, to opt-out and delete your presence on Klout, Kred, PeerIndex and Empire Avenue.

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Can You Move From Thought Leader to Business Leader?

Startup Professionals Musings

By definition, most entrepreneurs are thought leaders. They have the ability to recognize a market need, the skills to design and implement a solution, and the drive to start a business from that solution. It all comes from within themselves. A business leader does the same thing and more through the people around them. Most entrepreneurs are not both.

Startup 101
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Launchpad LA Receives VC Funding: $50,000 Per Startup

Both Sides of the Table

Launchpad LA today announces it will accept applications for its third class of Los Angeles-based tech startups. We have significant VC commitments (listed below) – every entering company will get $50,000 in funding, mentorship from top VCs and successful entrepreneurs plus free office space. For any company interested in applying please visit the website.

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Len Short (Red)ily Discusses Google, Bono & Steve Jobs

InfoChachkie

Len Short is truly an online marketing pioneer, heading up marketing at Charles Schwab, AOL and then (PRODUCT)RED. He is now leading Chug , a car buying search engine, as its Founder and CEO. Before his career moved online, Len worked on major marketing campaigns for credit card companies and rolled out MCI’s highly successful “Friends and Family” marketing campaign.

Google 220
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Unsubscribe.com Acquired By TrustedID

socalTECH

Santa Monica-based Unsubscribe.com , the startup headed by James Siminoff, which helped consumers unsubscribe from unwanted email, has been acquired by TrustedID. TrustedID, which provides credit and identity protection services, announced the acquisition on Tuesday afternoon, but did not disclose financial terms of the buy. Unsubscribe.com was venture backed by Charles River Ventures, First Round Capital, DFJ Frontier, and angel investors.

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Make Decisions! Because the Default Decision is Failure.

Frank Addante

Make decisions. Wrong or right, making quick, informed decisions is far better than not making a decision at all. Not making decisions is what kills companies. I've learned to pick up on interesting patterns from the five companies I started prior to Rubicon Project. In general, when my companies are feeling stressed or headed in the wrong direction, it's usually because the decision-making.

Startup 66
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First Ever Startup Weekend Orange County Live!

Tech Zulu Event

As you all know TechZulu is a huge supporter of Startup Weekend, and when we had the chance to be part of the very first Orange County (my home town) Startup Weekend we jumped on board. We are going to do what we do best and bring you all the awesome presentation action live tonight at 5PM PST. Tonights Startup Weekend presentations are being judged by the following: Maneesh Goyal.

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10 Preparation Steps to Win an Angel Investment

Startup Professionals Musings

Every new startup I know dreams of being funded by an angel investor. Yet according to the latest data from Gust (formerly AngelSoft), only about 3 out of 100 companies who initiate the formal request process actually get funded. The Gust Deal Funnel from the last 12 months indicates is that 70% of the interested companies never make it past the initial screening process.

Invest 99
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HealthDataInsights Sells for $400 Million. Big Win for GRP Partners.

Both Sides of the Table

The tech market is filled with many stories of early-stage funding. It’s even more exciting when you can report an exit of a company that is a major win. That’s why I’m proud to announce today that HealthDataInsights (founded by Victor Chaltiel), where GRP Partners was a 30% owner, has been acquired for $400 million. It maps to several themes about “solving bigger problems,” “taking more meaningful ownership positions” and “women in entrepreneurs

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Why Selling To The Government Can Downgrade Your Startup

InfoChachkie

Article first published as Why Selling To The Government Can Downgrade Your Startup on Technorati. First Greece, now Spain and Italy. Across Europe, historically solvent sovereign governments are suffering from an acute case of systemic deficits. Now, more than ever, government agencies in the US and abroad are lousy startup customers. I am not a government contracting expert.

Startup 207
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Postcard On The Run Gets $750K From Selena Gomez, Others

socalTECH

Los Angeles-based Postcard on the Run , the startup headed by Josh Brooks, announced this morning that it has raised $750,000 in an angel round, which included actress Selena Gomez, Crosscut Ventures, Mike Jones, Yves Sisteron, Chris DeWolfe, Aber Whitcomb, Brian Fitzgerald, Ryan Steelberg, Colin Digario, Brian Lee, and Jarl Mohn. The firm--which develops iOS and Android apps which easily allow mobile users to take pictures and turn them into real, physical postcards mailed to their friends and

Mobile 226
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The most satisfying life journey is never about the money.

Berkonomics

As I look back over more than fifty years as an entrepreneur, I can think of the financial focus of my three entrepreneurial businesses as a prime driver in my life during the early stage of each. And yet, as I recall the greatest thrills, the memorable events, the best of memories, almost none are about the money. The stories of people rising to the occasion, victories in the form of great sale successes, great continuing relationships, occasional awards from valued indus

Coach 216
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Why Facebook OpenGraph Will Work and Why To Hate It

Tech Zulu Event

I was reading an article by Robert Scoble earlier today about how amazing Spotify and some other news app are on Facebook, and how awesome frictionless sharing is for the Internet. I openly can’t stand OpenGraph. It’s the one feature that stuck with me the most from the F8 conference this past September. What is OpenGraph? It’s a way for you, the loyal Facebook user, to update your status and apps on Facebook, without you actually posting to Facebook.

News 104
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5 Easy Steps to Your Own E-Commerce Startup for $100

Startup Professionals Musings

If you have a unique creation or invention, and you are not selling it around the world on the Internet, now is the time to start. The cost of entry has never been lower. Anyone can be an entrepreneur today, without a huge investment, bank loans, venture capitalists, or Angels. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up.

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Future of TV: The Quick Version

Both Sides of the Table

I recently gave a talk about the Future of Television. I’m still planning to write some in depth pieces on the topic but I thought, “given that this is about how video will consume the Internet over the next 5 years, what better way to exemplify this than with a 10-minute video.” Here’s a link to watch it or click the image below.

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A Serial Entrepreneur’s Take On Brad Feld & Jason Mendelson’s Venture Deals

InfoChachkie

As an Instructor of entrepreneurship at UC Santa Barbara, I welcomed the chance to read Brad Feld & Jason Mendelson’s Venture Deals: Be Smarter Than Your Lawyer And Venture Capitalist. As the authors make clear in the book’s preface, their goal is to create a “definitive guide to venture capital deals” and “demystify the venture capital financing process.

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Adconion Media Buys Smartclip

socalTECH

Adconion Media Group , the European advertising network firm which as significant operations in Los Angeles, said today that it has acquired smartclip , a European digital video advertising firm. Financial terms of the buy were not disclosed. Adconion said that the acquisition will "significantly strengthen" its position in online video. Smartclip adds around 500 new publisher sites to Adconion's network.

Media 224
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Start Engine Takes On Startup Acceleration

socalTECH

In an unprecedented surge in startup support activity in Los Angeles this morning, another venture startup accelerator, Start Engine , formally launched this morning, applying the accelerator model to startup in the Los Angeles area. Start Engine, started by Activision co-founder Howard Marks and investor Paul Kessler, said today that it is looking to provide mentorship, funding, and other resources to startups in the area, starting with a first class in January.

Startup 219
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Car Sharing Firm Zipcar Heading To Los Angeles

socalTECH

It looks like Los Angeles is set to get access to peer-to-peer car sharing service Zipcar , as it plans to open an office in Hollywood tomorrow. Zipcar has been inviting the press to an event tomorrow with L.A. City Council President Eric Garcetti, to mark its entry into Los Angeles, the 16th market covered by the company. The introduction of Zipcar to the Los Angeles market would be a first for the mainline, peer-to-peer car sharing movement, which allows car owners to rent out their cars on an

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Adobe Buys UCLA Startup Auditude

socalTECH

Adobe Systems said today that it has acquired Auditude , a provider of video ad management and monetization technology. Auditude, although now based in Palo Alto, had originally been developed for a UCLA MBA business plan competition, by Nicholas Seet. Financial details of the acquisition were not disclosed. Seet founded Auditude for the KNAPP competition at UCLA, while he was at the UCLA Anderson School of Management at its fully employed MBA program.

UCLA 212
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Interview with Andrew Humphries, UK's Tech City

socalTECH

(Editor's note: Los Angeles has always had strong ties to business in the UK, and the UK government has been very active in reaching out to Los Angeles technology firms in recent years. On the invitation of UK Trade and Investment, socalTECH Contributing Editor Travis Oberlander has traveled this week to London for us, to compare and contrast the efforts in the UK to establish their own technology center with our own efforts in Southern California.).