Sat.Jun 23, 2012 - Fri.Jun 29, 2012

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6 Hands-on Tips To Conquer Your Entrepreneurial Fears

InfoChachkie

This article originally appeared on Forbes HERE. Serial entrepreneur Seth Epstein recently gave a keynote address as part of the University of California at Santa Barbara’s Distinguished Lecture Series. During his inspirational talk, Seth shared six hands-on exercises that entrepreneurs can use to harness their fears. Seth began his entrepreneurial career when he dropped out of the University of California, Santa Barbara at 19 years old to start a clothing company, which he eventually built int

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Interview with Mark Sylvester, Likeabilitee

socalTECH

How do you sort through all that social media activity you are driving, and figure out who really cares about what you're posting? Santa Barbara-based Likeabilitee (www.likeabilitee.com) has come up with a new, highly visual service which makes it very easy for you to analyze and understand how people are engaging with your social media posts on Facebook.

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Suits and Spooks

SoCal Tech Calendar

Friday, June 29, 2012 -- Suits and Spooks Anti-conference. The purpose of Suits and Spooks is to bring together individuals from the U.S. intelligence community with innovative thinkers from a wide variety of disciplines to address hard challenges in the national security space.

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What Great Entrepreneurs Do Best to Earn Their Fame

Startup Professionals Musings

At some point in their life, hopefully everyone strives to be the best in their chosen profession. Most people think that being the best requires more intelligence, more training, and more experience. In reality, in business or even in sports, the evidence is conclusive that it is as much about how you think, as what you do. I saw this illustrated well recently in a sports excellence book called “ Training Camp: What the Best Do Better Than Everyone Else ”, by Jon Gordon.

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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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Boston Startup School Launches | Education 2.0

Tech Zulu Event

As we continue this monumental year in the startup realm, we welcome a newcomer – Boston Startup School. Last week Boston Startup School officially launched and began with their inaugural class. The school aims to prepare recent college graduates for life working at a startup; and more specifically how to deliver and make progress in an environment filled with unknowns and various resource constraints.

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Leads360 Snags CTO From LiveOffice

socalTECH

Los Angeles-based Leads360 , which develops sales automation software, said this morning that it has named Mark DuVall as its Chief Technology Officer. DuVall joins the company from LiveOffice, which was recently acquired by Symantec. DuVall also has served at such firms as TRW, and has more than 29 years of experience in the industry. Leads360 develops software which is used to help manage sales leads for companies.

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The 10 Best Sources of Cash to Start Your Business

Startup Professionals Musings

Money to build the business is the number one challenge for most startups. Don’t believe the urban myth that you can sketch your idea on a napkin, and professional investors will throw money at you. In reality, only 3 out of 100 companies who apply are successful with Angels, and the success rate with VCs is even lower. A large percentage of startups never apply to either.

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Exploring the YouTube Ecosystem at YT Access 2012

Steve Reich

John Greathouse of Rincon Ventures told me the YouTube ecosystem was “the Wild West.” That was the understatement of the week, as I learned by attending YouTube’s Premium Partner conference, YouTube Access 2012. The event was last week in New York. It’s a huge ecosystem–YouTube has 800 million users, and 72 hours of content is uploaded every MINUTE.

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AirHop Wins Deal With TI

socalTECH

San Diego-based AirHop , the developer of software focused on small cell communications networks, has scored a deal with Texas Instruments , to incorporate its products into TI's small cell, System-on-a-Chip (SoC) products. The two companies aid that they are collaborating to integrate AirHope's eSON, advanced self-organizating network (SON) software on TI's KeyStone-based SoCs.

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Silicon Beach Fest Celebrates Tech Startups and Hollywood in LA | Pics, Highlights and What’s Next!

Tech Zulu Event

The first-ever Silicon Beach Fest attracted more than 2,000 attendees from LA, San Francisco, San Diego, Santa Barbara, New York, Toronto, and London to celebrate LA startups and entertainment with panels, parties, pitch fests, hackathon, and beach games: volleyball, basketball and surfing lessons in Santa Monica and Venice on June 21-23, 2012. TechCrunch, Forbes, PandoDaily, and other national and local media covered the fest, centered in Santa Monica and Venice at venues with views of the beac

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10 Team Building Actions That are Louder Than Words

Startup Professionals Musings

Success in a startup is not possible as a “one-man show.” An entrepreneur has to engage with team members, partners, investors, vendors, and customers. In my experience, the joy of positive engagement is sometimes the only pay you get in an early startup. Amazingly, many successful startups are built on this basis alone, with almost no money. I will talk here primarily about building the internal team of a startup, but the same principles apply outside to your “extended team” and customers.

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Rally Raises $4.4 Million via Crowdfunding

Steve Reich

If you’re interested in crowdfunding, you need to read this PandoPost: Rally Funding. Ok, so they cheated a little. They already had major VCs in the deal. It’s still a huge step for crowdfunding. The money is in…now the real fun begins. Track this one.

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ServiceNow Pops On IPO Debut

socalTECH

San Diego-based ServiceNow has proven that the market for initial public offerings is still strong this morning, opening up at $23.08 in its first day of trading on the NYSE. The firm priced its IPO above estimates, at $18.00 per share, Thursday evening. ServiceNow is now publicly trading as NOW. The firm had earlier estimated an initial pricing range of $15.00 to $17.00.

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Startups and a Common Misunderstanding in Agile Software Development

SoCal CTO

I've done four Free CTO Consulting Sessions in the past month with startup founders who all had run into variations of the same problem. They didn't feel they had visibility into timelines and costs for development of their software. They couldn't plan their business. Investors and early customers were becoming worried about the ability of the founder to deliver.

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Entrepreneur Smarts Comprise 8 Dimensions of IQ

Startup Professionals Musings

I’ve long believed that entrepreneurs are different. We all know successful entrepreneurs who dropped out of school, and people with high IQs that cannot manage a business. I used to call this “street smarts,” but recently I found a better explanation, called multiple intelligences. Successful entrepreneurs always seem to have several good intelligences.

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CitizenHawk Takes On Social Media Monitoring

socalTECH

Aliso Viejo-based CitizenHawk , the venture backed developer of online brand protection services, said today that it has launched a social media monitoring tool. The firm, which is backed by Maveron, said that its new tool allows companies to monitor what people are saying about them and their brands, on popular social networking sites. Cost of the new tool was not announced.

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Make It Work Shuts Down

socalTECH

Santa Barbara-based Make It Work , the in-home, information technology support firm headed by Eric David Greenspan, has shut down. The firm told its customers and partners that as of June 25th, the firm has halted operations and is in the process of closing the business. Make It Work was known for its fleet of bright red Mini Coopers. Make It Work was backed by Frontera Capital, Somera Ventures, and the Tech Coast Angels.

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Getty Expands Google Goggles Coverage

socalTECH

Are you a frequent visitor to the Getty Center or Getty Villa, the prominent Los Angeles museums run by the J. Paul Getty Trust? If so, you might make sure you have Google Goggles , the free Android and iPhone app from Google, loaded on your phone. According to the Getty, it has now increased its Google Googles coverage to 60 percent of the objects on display at the museum, making it easier for visitors to identify artwork, pull additional related information, and audio related to those objects.

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OnGreen In Deal With Chinese Firm

socalTECH

Los Angeles-based OnGreen said this morning that it has partnered with the China Beijing Environmental Equity Exchange (CBEEX), an online trading platform for carbon credits. Financial details of the partnership were not disclosed, however, OnGreen said the deal will give its members with greater access to cleantech projects throughout China. OnGreen explained that CBEEX is an online platform created by the Chinese government to exchange cleantech assets and reduce carbon emissions.

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Eventful Reaches 20M Registered Users

socalTECH

San Diego-based Eventful , the online website which helps consumers find live entertainment and local events, reported this morning that it has reached 20 million members on its site. The firm claimed that the milestone makes it the largest, aggregated audience for local entertainment seekers in the world. Eventful lists local events, concerts, music, movies, family activities, and more.

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Yammer Acquired By Microsoft For $1.2 Billion

socalTECH

Yammer , the business focused micromessaging site patterned after Twitter, and spun out of Hollywood-based genealogy site Geni , has been acquired by Microsoft for $1.2 billion in cash, Microsoft confirmed Monday. Yammer, which was headed by David Sacks, will become part of the Microsoft Office Division. Yammer had been started in Los Angeles in 2008, but later moved to Silicon Valley.

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Interview with Matthew Goldman, Wallaby

socalTECH

Do you have a wallet full of rewards credit cards, but don't have any idea how to best earn enough points to take advantage of those rewards? A few days ago, Wallaby ([link] the latest startup out of Los Angeles technology incubator MuckerLab unveiled itself, to solve just that problem. We spoke with founder Matthew Goldman about the startup. What is Wallaby?

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Instaprints Launches Instagram Photo Marketplace

socalTECH

A new startup, Instaprints , headed by Fine Arts America's Sean Broihier, said Monday that it has launched a new marketplace which allows users to buy canvas prints of Instagram photos. The new, Los Angeles startup allows Instagram users to sell photos as canvas prints, framed prints, acrylic prints, greeting cards, and posters. The new service allows users to import photos from their Instagram account, and set a price for their prints.

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Tech Coast Angels Backs Influenza Treatment Developer

socalTECH

The Tech Coast Angels , the largest angel investment group in Southern California, has backed a developer of treatments for the flu., According to Gemmus Pharma , it raised an angel funding round led by the Life Science Angels, and also including the Tech Coast Angels, BlueTree Allied Angels, Wilmington Investor Network and The Angels Forum. Size of the round was not announced, but a regulatory filing says the firm recently raised $1.45M in a $1.8M funding round.

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Maker Studio Tops One Billion Monthly Views

socalTECH

What kind of audience can you possibly get with posting content to YouTube? Apparently, a very, very large one. Los Angeles-based Maker Studios , which produces content for publishing on YouTube, reports today that is has just reached more than one billion monthly view for the month of June, 2012. Maker Studios says it is producing and distributing content for 1,000 channels.

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TrueCar Adds Auto Exec To Board

socalTECH

Santa Monica-based TrueCar said Monday that it has named an automotive industry executive to its board. The firm said that Tom Gibson, the former Chairman, President, and CEO of Asbury Automotive Group, has joined the firm's board. Gibson also has served at Ford, Chrysler, and Subaru, including serving as President and COO of Subaru of America. TrueCar operates an online site which allows users to get detailed quotes on new automobiles from dealers, and also provides information on automobiles a

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Kuapay Gets $4M

socalTECH

Santa Monica-based Kuapay , a developer of mobile wallet software for the iPhone, Android, and Blackberry, said Thursday that it has raised $4M in a funding round. Name of the investor in the company was not announced. KuaPay, which is headed by Joaquin Ayuso de Paul, said the funding will go towards expansion in New York, Europe, and Asia. Kuapay did not say if the funding announced by the firm includes the $2M disclosed by the company in April.

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ServiceNow Prices IPO, To Hit Market Friday

socalTECH

San Diego-based ServiceNow priced its IPO on Thursday, at $18.00 per share, above its estimated initial offering range of $15.00 to $17.00. The firm is set to trade as NOW on the New York Stock Exchange on Friday. ServiceNow is venture backed by JMI Equity, Sequoia Capital, and Greylock Partners. The firm's IPO performance is being closely watched, as it is the first, technology IPO to hit the markets since the Facebook IPO debacle.

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Rubicon: We're Second In Online Advertising Audience

socalTECH

Los Angeles-based Rubicon Project , the online advertising optimization technology firm headed by Frank Addante, said that it has been ranked second in terms of unique visitors in online advertising reach, second only to Google. Rubicon said the ranking was released in the comScore Media Metrix monthly ranking of Ad Focus properties for May 2012. Rubicon said it is now reaching 200 million unique visitors in the United States and 650 million global unique visitors.

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Mogreet Ties moShare Into ShareThis

socalTECH

Venice-based Mogreet , the developer of mobile messaging and marketing related products and services, said today that its moShare web-to-mobile sharing services has partnered with ShareThis. The firm said the deal will enable users across 1.4 million websites to share web content to mobile devices via a text message. Financial details of the integration deal were not disclosed.

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Domain, Versant Re-Up On Spine Repair Startup

socalTECH

Two Southern California venture investors have re-upped their investment in a Northern California maker of spin repair devices, Benvenue Medical. Benvenue said it raised $25M in a Series D funding yesterday, led by its existing ivnestors, which include DeNovo Ventures, Domain Associates, Technology Partners and Versant Ventures. The firm will use the funding for commercialization of its products, which are used to treat degenerative disc disease (DDD) with spinal fusion and vertebral compression

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ServiceNow IPO Pricing Expected Thursday

socalTECH

San Diego-based ServiceNow , the developer of software-as-a-service for enterprise IT management, is expected to price its IPO Thursday, as the first, technology-focused IPO since the Facebook debacle. The firm, which has set initial pricing range of its IPO at between $15.00 and $17.00 per share, is backed by JMI Equity and Sequoia Capital. The IPO is being underwritten by Morgan Stanley, Citigroup, Deutsche Bank Securities, Barclays, Credit Suisse, UBS Investment Bank, Pacific Crest Securities

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Big Frame Lands $3M

socalTECH

Hollywood-based Big Frame , a new startup focused on providing content programming and marketing of YouTube talent, has raised $3M in a funding round, the firm said Tuesday. The round came from Anthem Venture Partners, Daher Capital, DFJ Frontier, LaunchPad LA, New World Ventures, The Media Farm and Social Starts, and angels Diego Berdakin, Dave Goldberg, Peter Gotcher, Clark Landry, Adam Lilling and Dan Murray.

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FastPay Gets $25M

socalTECH

Los Angeles-based FastPay , which provides receivables financing for digital media businesses, said this morning that it has raised $25M in funding. The funding included a senior credit facility from Wells Fargo Capital Finance and a subordinated debt and equity investment from SF Capital Group. FastPay, which is led by Jed Simon, helps companies deal with the extremely long payment cycles online sites deal with when using online advertising networks and others--usually, longer than 60 days.

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Amazon Studios Sets First Four Content Projects

socalTECH

Amazon Studios , the content development effort being run out of Amazon.com's Los Angeles arm, the People's Production Company, has set the first four projects being developed by the company. According to Amazon, it has selected one children's show and three comedies as the first four content development efforts at the company. Amazon said it will provide $10,000 as option extensions to the creators of The 100 Deahs of Mort Grimley (Angel Castlilo), Doomsday (Nathan Thomas), Magic Monkey Billion

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Sonendo Raising $20M

socalTECH

Laguna Hills-based Sonnendo , a firm developing medical devices for the use in root canals (endodontic therapy), said Thursday that it has raised $9.2M in an initial close of a $20M equity funding. e firm said the round was led by OrbiMed Advisors, and also included NeoMed Management and Fjord Ventures Management. Vince Burgess of Orbimed and Erik AMble of NeoMed have joined the firm's board with the funding.

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