Sat.Oct 17, 2009 - Fri.Oct 23, 2009

Who Should you Hire at a Startup?

Both Sides of the Table

Only Hire A+ People Who Punch Above Their Weight Class. This is part of my ongoing posts on Startup Advice. There are people who tell startups that they should hire the most senior people that they can find. I’m not one of those.

CIO 51

Pour And Stir I – In Pursuit Of The Ideal Business Model

InfoChachkie

Note: This is Part I in a three-part series on The Perfect Business Model. Click here for Part II , and Part III. Authentic, hand-crafted Persian rugs always include intentional imperfections. They are said to be, “Perfectly Imperfect, and Precisely Imprecise.” The same is true with many crafts and architecture created in Muslim cultures.

Trending Sources

Social Media for Service Professionals

SoCal CTO

I did a presentation about the use of Social Media to a great group of people who mostly are different kinds of service professionals (attorneys, accountants, consultants, etc.). I promised that I would do a follow-up post with some thoughts out of the presentation and providing links.

LA County Technology Week

Ask the Angels

On Thursday (10/22) this week, join us for a full day of worthwhile events in Altadena at Tech Week. The morning’s session features a Cleantech program , moderated by Ben Kuo of SocalTECH.com. Along with Ben’s program, there’s a great keynote presentation by Barbara McQuiston of DARPA and a couple of panels featuring Wired Magazine reporters.

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The New Media Vault: October

SoCal Tech Calendar

Thursday, October 29, 2009 -- The New Media Vault: October. Hosted by Tubefilter, Stella Media, and LA Mixers, sponsored by MarxandTrotsky and supporting the Open Entertainment Alliance. See [link] (more

Good Times Ahead for VC-backed Tech Companies?

Both Sides of the Table

Montgomery & Co Projects Deal Volume to Grow by 167% in Just 2 Years with No End to Growth in Sight.

Zadspace Unveils Ad Product

socalTECH

Los Angeles-based Zadspace , an advertising firm backed by DFJ Frontier, Crosscut Ventures and Gideon Hixon Fund, has unveiled its advertising product, saying Tuesday that it has exited beta testing of its service. Zadspace adds full color, 4x6 advertisements on cardboard shipping boxes.

Social Media to Build Reputation and Reach Prospects – More Ideas

SoCal CTO

Based on a question I posted in LinkedIn, Serena Ehrlich posted How to Use Social Media to Find Prospects. Or Sell a House. and provides the following list of suggestions for ways to use social media to build a reputation and to reach prospects. Her list included quite a few things that would likely be much farther down my list: Create short videos of your presentations.

Characteristics of Successful Entrepreneurs

SoCal Tech Calendar

Thursday, October 29, 2009 -- Characteristics of Successful Entrepreneurs. Startups Uncensored. This month's Startups Uncensored will be on the "Characteristics of Successful Entrepreneurs". It will be an open and frank town-hall conversation talking about what it takes to build a successful business and how to distinguish yourself as an entrepreneur. We are joined this month by Jason Calacanis the CEO of Mahalo, co-founder of Weblogs Inc and publisher of Sillcon Alley Reporter.

VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

This is part of my ongoing series about Raising Venture Capital. This posting was inspired by an email from Rajat Suri who wrote me an email in response to Chris Dixon’s blog post (link below) from August, which recently re-ran on Business Insider and has generated much Twitter chatter.

Slacker Brings Round To $12.1M

socalTECH

San Diego-based Internet radio firm Slacker has now raised its latest funding round to $12.1M, and appears to have expanded the target size of the round to $14.2M. The details came according to a regulatory filing from the firm Monday.

LearnTrends Speakers and Topics Accounced

SoCal CTO

Sorry - I posted this on the wrong blog. You can find it here: [link

SoCalBio Networking Forum

SoCal Tech Calendar

Thursday, October 29, 2009 -- SoCalBio Networking Forum. Why Bioscience Companies Should Care About Social Media. See [link] (more

M&A Outlook for Tech Companies

Both Sides of the Table

M&A Outlook for 2010 / 2011 – text.

Overland Turns To Foxconn For Manufacturing

socalTECH

San Diego-based Overland Storage , a developer of tape storage and other data backup devices, announced today that the firm has inked a manufacturing agreement with Foxconn. According to Overland, Foxconn will collaborate with the firm to manufacture one product line.

Nirvanix In Museum Archiving Win

socalTECH

San Diego-based Nirvanix announced this morning that the firm has been selected by the National September 11 Memorial & Museum, as a source for digital archiving of audio, video, and photographs.

Sendio Hires New VP, Looks To Channel

socalTECH

Newport Beach-based Sendio , a developer of email appliances for blocking spam, said Monday that it has hired two new sales executives, and is now 100 percent focused on channel sales.

AWR Wins SBIR Grants

socalTECH

El Segundo-based AWR , a developer of EDA software for high frequency semiconductors, reported this morning that it has received three, Small Business Innovation Research (SBIR) grants. Total value of the SBIR grants was not announced by the firm.

Power-One Names New Board Member

socalTECH

Camarillo-based Power-One , a manufacturer of power supplies and related products, said Friday afternoon that it has appointed Kambiz Hooshmand to its board of directors. Hooshmand was most recently President and CEO of AppliedMicro. He has also served at Cisco Systems and StrataCom. Power-One said that Hooshmand replaces Jon E.M. Jacoby, who has resigned. The firm said that Jacoby--Vice Chairman and Sr.

SEMICOA Names Quality VP

socalTECH

Costa Mesa-based SEMICOA , a developer of high reliability semiconductors, reported Thursday that it has hired Harry James as its Vice President of Total Quality. James has previously served at Texas Instruments, Fairchild, Hewlett-Packard, Signetics, and Apple Computer. SEMICOA is backed by private equity firm Vance Street Capital. The firm said it has hired over 40 former and new employees since August, when it was spun back out of Microsemi after a settlement with the U.S.

Mindspeed Wins Ooma

socalTECH

Newport Beach-based Mindspeed reported this week that it has scored a win with Ooma, a provider of Voice-over-IP hardware and services. Mindspeed said its Comcerto 100 customer premise equipment processor is the core enabling technology behind the Ooma Telo. Financial impact of the win, and shipment volumes, was not disclosed by Mindspeed. Ooma's telo provides free local and long distance calls over the Internet, using Voice-over-IP technology. READ MORE>>.

IP 2

Metagenics Nabs $28.1M

socalTECH

San Clemente-based Metagenics , a developer of nutraceuticals, has raised $28.1M in a funding, according to numbers in the Q3 PricewaterhouseCoopers/NVCA MoneyTree report. Source of the funding was not revealed, however, Amway announced in August that it would take a majority stake in Metagenics, via its Alticor Corporate Enterprises arm. Metagenics told Michigan's Grand Rapid Press at the time of the investment by Alticor that it had more than $200M in sales in 2008.

Kythera Gets $10M More

socalTECH

Calabasas-based Kythera Biopharmaceuticals , a developer of aesthetic medicine products, has added $10M more in new funding. The new funding came to light in this week's PricewaterhouseCoopers/NVCA MoneyTree report. No details on the funding have been announced by the company. Kythera is backed by ARCH Venture Partners, Prospect Venture Partners, Versant Ventures, Wilson Sonsini Goodrich & Rosati, Altitude Life Science Ventures, JAFCO, BBT/Apothecary Capital, and UCLA Venture Capital Fund.

Skinit Names CFO

socalTECH

San Diego-based Skinit , a provider of electronics personalization technology, said today that it has named Greg Wimmer as its Chief Financial Officer. Wimmer has been acting CFO at the firm since October. According to Skinit, Wimmer was most recently VP Finance, Administration, and Business Operations at Photobucket.com, where he helped sell the company to Fox Interactive Media. He has also served at WaveMarket, Zembu Labs, NightFire Softare, Vite' Inc. Talcott Holdings, L.T.D.,

Fundamentals of Finite Element Analysis for Mechanical Design using NASTRAN

SoCal Tech Calendar

Thursday, October 29, 2009 -- Fundamentals of Finite Element Analysis for Mechanical Design using NASTRAN. Finite Element Analysis (FEA) has become an important tool in the product design process for companies of all types. This course will help design engineers and others involved in the product design process use FEA effectively and efficiently. See [link] (more

TEDMED 2009

SoCal Tech Calendar

Thursday, October 29, 2009 -- TEDMED 2009. The fifth in a series created by Marc Hodosh and Richard Saul Wurman, TEDMED celebrates conversations that demonstrate the intersection and connections between all things medical and healthcare related: from personal health to public health, devices to design and Hollywood to the hospital. Together, this encompasses more than twenty percent of our GNP in America while touching everyone's life around the globe. See [link] (more

Regulatory Issues for Wireless Health Companies: How to Know What Regulations Apply, When They Apply, and What That Means For Product Development

SoCal Tech Calendar

Thursday, October 29, 2009 -- Regulatory Issues for Wireless Health Companies: How to Know What Regulations Apply, When They Apply, and What That Means For Product Development. CommNexus. In this event, the panel will explore various issues with FDA and FCC regulation and certification that arise with the convergence of health care and wireless technologies.

Solarmer Ups Solar Efficiency

socalTECH

Los Angeles-based Solarmer Energy , a developer of plastic solar panels, said Thursday that it has upped its solar efficiency, to 7.6%. The firm said the efficiency breaks the world record for plastic solar cell efficiency. The firm had previously reported a 6.77 percent efficiency in its cells. Solarmer develops flexible, plastic-based solar cells, and is based on technology spun out of UCLA. The firm said the efficiency was tested by Newport Corporation's TAC-PV Lab. READ MORE>>.