Sat.Oct 06, 2012 - Fri.Oct 12, 2012

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What The Heck Does “Traction” Really Mean To A VC?

InfoChachkie

Nearly every entrepreneur has heard the refrain, "Get back to me when you have some traction,” while seeking funding. From an unsophisticated investor, this response might be a non-confrontational way of saying "No." However, when uttered by most Venture Capitalists (VCs) it conveys a desire to obtain validation of your venture's value proposition from dispassionate, objective third parties.

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Hulu Adds Nickelodeon Titles To Hulu Plus

socalTECH

A new deal by Los Angeles-based Hulu this morning will add content from Nickelodeon to Hulu's premium service, Hulu Plus. The Nickelodeon deal brings titles such as "iCarly," "Big Time Rush," "VICTORiOUS," "How to Rock," "Supah Ninjas," "SpongeBob Squarepants," "Kung Fu Panda," "Penguins of Madagascar," "Winx Club," "Robot & Monster," "The Legend of Korra," "T.U.F.F.

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Separate “Chairman from “CEO.”

Berkonomics

More and more today, shareholder organizations recommend that the positions of chairman and president (or CEO) be split, so there are checks and balances at the board level in the leadership. This recommendation is true for all companies with outside investors who are active and have or seek board representation. If we examine the blowups that have been so public these past years in public company leaders exceeding their reasonable authority or exercising dictatorial authority to the ultimate d

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MacTech Conference

SoCal Tech Calendar

Thursday, October 18, 2012 -- MacTech Conference. MacTech Conference is a 3-day, immersive, technical conference specifically designed for Apple developers, IT Pros, and Enterprise.MacTech Conference will have two separate tracks: one focused on programming / development, and the other on IT/Enterprise and consulting. Sessions will focus on both desktop and mobile, as well as OS X and iOS.

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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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To Infinity And Beyond: Buzz Lightyear, T-Pain, Hot Chocolate And Technology

TechCrunch LA

I’m at the #BoxWorks conference in San Francisco this week, which is an odd place for me to be at first glance. Why odd? Because I don’t really get into or cover “enterprise” technology. It’s nothing against the vertical, I’m just usually involved with smaller startups trying to change the world for people like my Mom.

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CityGrid Slashes Staff

socalTECH

In the latest cuts among Silicon Beach's high tech community, CityGrid , which runs Citysearch, Insider Pages, and Urbanspoon--has laid off a chunk of its staff, including a significant number of Los Angeles employees. Initial news of the cuts, which were made in the last couple of days, came through recruiters and others close to the company. Citygrid did not respond to emails for comment yesterday from socalTECH, however, TechCrunch is placing the size of the cuts at 15 percent of the company.

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The Los Angeles PHP Developers Group (LAPHP)

SoCal Tech Calendar

Thursday, October 11, 2012 -- Developing Applications with Apache Cassandra. LAPHP. Is my app a good fit for Apache Cassandra? Or is Cassandra a good fit for my app? These are the questions many developers are asking themselves taking the popularity of the new NoSQL database technologies out there on the market nowadays. For our October LAPHP talk we invited DataStax and Christian Carollo (of GameFly) to give a high level overview of Apache Cassandra and various ways how you can use it in your a

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UX Workshops by Celebrated Author & Usability Expert, Eric Reiss

Tech Zulu Event

“Great presentation. It was good to see someone else who actively thinks about the world from the user’s perspective.” -Testimonial from an attendee at the L.A. UX Meetup featuring Eric Reiss. If you’ve never witnessed Eric Reiss speak at an event, this weekend is your chance to do so! Reiss is a world-renowned usability expert.

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World of Warcraft Hacked By Players

socalTECH

World of Warcraft , the massively multiplayer online game run by Irvine-based Blizzard Entertainment, suffered an in-game hack which resulted in a mass (virtual) bloodbath, where thousand and thousands of players and characters were slaughtered over the weekend. The hack--which apparently was quickly fixed by the firm--resulted in piles and piles of skeletons across the game due to a "kill hack".

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8 Entrepreneur Mistakes Which Will Kill Seed Funding

Startup Professionals Musings

A while back I received a discouraging note from an entrepreneur with a patent and a medical software application who couldn’t find a dime of investment, and was grousing that seed funding just wasn’t available anymore. After exchanging a couple of notes, I concluded that she was more likely a victim of item #1 on my reject list below, rather than a drought on seed funding.

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Access to Capital: Money to Mainstreet

SoCal Tech Calendar

Thursday, October 18, 2012 -- Access to Capital Conference for Small Businesses. DandB Credibility. This event, which will be held at the Westin Bonaventure in downtown Los Angeles from 8:00 AM to 5:00 PM, is designed to help qualify businesses for credit and match them with a variety of lenders, including alternative and non-traditional crowdfunding sources.

Capital 113
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FreeBike Project | Shifting Brands into Gear

Tech Zulu Event

Copenhagen is world renowned for its biking culture and has officially become the first Bike City in the World. It’s not a surprise then that the founders of a company that provides a smart solution to university students to rent a bike for free, happen to be Danish. Johan Bender and Kim Sanderhoff are the founders of FreeBike Project. Both are students at the University of Southern California and wanted to provide free bike access to students on campus.

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SpaceX Dragon Docks Successfully With ISS

socalTECH

Hawthorne-based SpaceX has had another big milestone today, after NASA reported that the SpaceX Dragon cargo craft successfully docked with the International Space Station this morning at 9:03 a.m. EDT. SpaceX launched its first, cargo carrying mission to the ISS Sunday evening. According to NASA, the SpaceX Dragon was captured by Expdition 33 Commander Suni Willians by the station's robotic arm, with the capsule securely bolted to the station.

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Street Smart Disciplines Every Entrepreneur Needs

Startup Professionals Musings

As a mentor and advisor to entrepreneurs, I find it’s easy to recognize “street smarts” when I see them, but it’s hard to explain the specifics to someone on the other end of the spectrum, even if they are willing to learn. Some people argue that street smarts are only a natural born skill, but I disagree. I believe they are disciplines that can be taught and learned.

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BSA Finance Group Meeting

SoCal Tech Calendar

Thursday, October 18, 2012 -- BSA Finance Group Meeting. Bio Science Alliance. SEC HOT TOPICS AND OTHER KEY ACCOUNTING ISSUES AFFECTING LIFE SCIENCE COMPANIES. The SEC and FASB continue to hammer revenue recognition, IP accounting and other issues near and dear to Life Science companies. Our speakers will discuss the latest developments. Email pmeyer@cynvenio.com.

IP 113
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Blowing Up the World of Home Video Licensing

Tech Zulu Event

Jackass, TheDudesons , America’s Funniest Home Videos. Normal people get paid every day by TV networks wanting to get a hold of stunts, pranks and home videos that tickle your funny bone. Question is, how do these non celebrity everyday people form relationships with the TV execs and what exactly are those execs looking for? I had the opportunity of interviewing some key people in the world of video licensing to explore how the industry works.

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Enervee Ranks Appliance, Electronics On Energy Use

socalTECH

How energy efficient is that new television you just bought for your house, and how can you be sure? A new, Santa Monica-based startup, Enervee , has recently rolled out a new tool to help people estimate how much energy their television--and soon, other appliances--are consuming. The startup said it is working on introducing what it calls a miles-per-gallon (MPG) sticker for TVs, called the "Enervee Score".

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Google Founders Define the Meaning of ‘Exceptional’

Startup Professionals Musings

I tell entrepreneurs that Google was an “exception” to all the investment and startup rules, but I’ve always wondered what it takes to be an exception. Since every business is built by unique individuals, I’m totally convinced that exceptional people are the key to an exceptional company. To check out the Google founders, and because I still see so many business plans that are modeled after Google (more search engines, and more billion dollar growth models), I had to take a look at the definitiv

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A dramatic look into James Cameron's Deepsea Challenge

SoCal Tech Calendar

Thursday, October 18, 2012 -- Frontiers in Science and Technology - Special Presentation: A dramatic look into James Cameron?s Deepsea Challenge. CONNECT. A dramatic look into. James Cameron's Deepsea Challenge with expedition. lead scientist Douglas Bartlett. During the winter and spring of 2012 the Deepsea Challenge Expedition with National Geographic Explorer in Residence, James Cameron, conducted submersible and lander operations in the New Britain Trench (down to ~8.2 km depth) and the deep

Sample 113
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ZunguZ Facebook Payment Application | Interview With The Founder Robert Sussman

Tech Zulu Event

Facebook just hit 1 billion active users globally and that was great but a new social payment application is set to make Facebook users across the world get more from their connections and even allowing companies to sell or receive payments from their pages. TechZulu caught up Robert Sussman, Co-CEO of Zunguz , the Facebook payment app. What is Zunguz?

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ShopWiki Launches Barcode Scanning, Price Comparison App

socalTECH

ShopWiki , which operates an Internet shopping search engine, said this week that it has released a new, barcode scanning app for iOS. The site--which is owned by Los Angeles-based Oversee.net --said the barcode app lets users check online prices while shopping at brick and mortar retail stores. The app allows users to scan the UPC for a product, and then instantly see competitive pricing from online retailers.

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Some Entrepreneurial Strengths Fail on Scale Up

Startup Professionals Musings

Once you are able to achieve some real “traction” with your business (paying customers, revenue stream), it may seem the time to relax a bit, but in fact this is the point where many founders start to flounder. All the skills and instincts you needed to get to this level can actually start working against you, and you can fail to scale. Investors often say that successfully navigating the early stages of a startup requires lots of street smarts, guts, and luck.

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Creating Your Own Big Bang: How Three CEOs Are Doing It

SoCal Tech Calendar

Wednesday, October 17, 2012 -- Creating Your Own Big Bang: How Three CEOs Are Doing It. Medipacs, Freedom Meditech, Organovo. San Diego MIT Enterprise FOrum. Have you experienced your ?Big Bang? moment ? that bright idea that promises to change lives? Meet three CEOs in the medical device industry whose ?Big Bang? ideas launched companies and accelerated some of the hottest new technologies available today.

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Recycled Bride Wants You To Save On Your Big Day | Wed Without Tears

Tech Zulu Event

The team at Recycled Bride knows weddings are expensive, time-consuming to plan, and that’s the reason they want to make it easy to source great deals on pricey wedding items, and help you recover some of the money spent. The firm says nearly 20% of all brides now shop for or sell a gently used wedding dress online, compared with just 6% in 2009 and they firmly believe Recycled Bride is helping make the sales even more possible.

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Three Southern California Firms Get EETimes Focus

socalTECH

Semiconductor and electronics industry publication EETimes has identified three of Southern California's semiconductor startups among its annual list of sixty startups to watch in the industry. The magazine, in its list of startups worth watching , identified Efficient Power Conversion Corp. in El Segundo; RFaxis in Irvine; and Transphorm in Goleta as companies in its list, which was based on evaluating technology, market, maturity, financial position, investors, and leadership.

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Startup Accelerators are Entrepreneur Boot Camps

Startup Professionals Musings

Business incubators for sharing services were all the rage back in the days of the dot-com bubble (700 for profit, many more non-profit). About that time the bubble burst, causing more than 80% of them to disappear. Now they are coming back, and the best even provide networking, technical leadership, and seed funding, as well as investors waving money at graduates.

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How Entrepreneurs and Investors Can Make a Difference with a Board

SoCal Tech Calendar

Wednesday, October 17, 2012 -- The Board Game: How Entrepreneurs and Investors Can Make a Difference with a Board. MIT Enterprise Forum of the Central Coast. Building a great board is a critical component for success for any innovative company. The experience, contacts and governance of the right board can make all the difference and give the entrepreneurial venture a significant competitive edge.

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SwingBySwing: Making Golf More Social

Steve Reich

There are days when I feel like we’ve gotten a bit carried away with social media. You get bombarded with Facebook requests–P&G wants me to “like” their consumer products, as if Tide is my best pal. You can’t go to a website without getting hit with requests to do something on Facebook, Twitter, LinkedIn, Pinterest, ad nauseum.

Course 77
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How GridTest Is Helping To Build The Next Electric Car, With Neal Roche

socalTECH

The clean technology sector is infamous for taking a big toll on startups--requiring large investments, risky technology propositions, steep international competition, and fickle government policies. How do you create a business around the still-emerging market of electric vehicles and avoid those issues? One way is developing testing tools and infrastructure around that market, to help those manufacturers in their research and development, which is just what Calabasas-based GridTest Systems (ww

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Corporate Spin-offs Rarely Win Against Startups

Startup Professionals Musings

A spin-off is merely a startup spawned by a mature parent (company), and conventional logic would dictate that it has a survival advantage over the lowly startup. Yet spin-offs seem to most often fail to launch in the real world. I was part of one myself a few years ago, and felt the pain, so the phenomenon has intrigued me ever since. My first thought is that spin-offs are like struggling adolescents with over-protective parents.

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Going Global: Cross Border Acquisitions and Investment Strategies

SoCal Tech Calendar

Wednesday, October 17, 2012 -- Going Global: Cross Border Acquisitions and Investment Strategies for Successful International Operations. CONNECT. 40% of U.S. CEOs say they plan to complete at least one cross-border deal by the end of the year, compared to 25% last year. Recent years were about cost cutting and restructuring but now the focus is shifting.

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Top 5 TechCrunch Disrupt 2012 StartUps that will Save You Time & Money

Tech Zulu Event

Lyft / Sidecar – The Airbnb of commuter transportation. Even though Lyft nor Sidecar presented at TechCrunch Disrupt 2012 they need to be mentioned as they were a huge time saver both getting from after party to after party and also to get to the airport. Lately there has been a non cab, “hire your neighbor”, kind of transportation craze. Here in LA we have a towncar service called Uber that with a tap of an app we can get a door to door town car service ride.

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Moviepilot Sets Up Office In Venice, Hires Two Execs

socalTECH

Moviepilot , which operates an online movie discovery site, said last week that it has opened up an office on Abbot Kinney in Venice, California, as part of its expansion into Los Angeles. The firm--which has been booting up operations in LA since May --said it has hired Amy Elkins as EVP Strategy and Advertising, and Amy Smith as Director of Advertising.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

WSJ. WSJ. Facebook. Twitter. WSJ Live. WSJ Live. MarketWatch. MarketWatch. Barrons. Barrons. AllThingsDigital. AllThingsDigital. Factiva. Factiva. Risk. Risk. More. BigCharts. Financial News. Professor Journal. SmartMoney. Student Journal. Virtual Stock Exchange. WSJ Classifieds. WSJ Classroom. WSJ Radio. WSJ Wine. SEARCH. headline. gold man. Companies.

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Get Out of the OFFICE!

SoCal Tech Calendar

Wednesday, October 17, 2012 -- Get Out of the OFFICE! Come meet with entrepreneurs, investors, researchers, inventors, service providers, government representatives and a bunch of other people who want to build sustainable businesses in Southern California. While there is no charge to attend, the value to you will be immeasurable!

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ResearchGate | Social Network For Researchers Only

Tech Zulu Event

ResearchGate , the professional network for scientists and researchers, was founded by virologists Dr. Ijad Madisch and Sören Hofmayer, and IT specialist Horst Fickenscher. According to the founders, ResearchGate was built for scientists, by scientists in a move to improve research through collaboration regardless of the distance between the research team.