2010

Invest in Lines, not Dots

Both Sides of the Table

Everyone seems to be in such a rush to get shacked up these days. In normal times investors will look for “traction&# before investing. We want to make sure we’re in love.

Invest 149

Startup Development

SoCal CTO

I’ve come to realize that I have lots of posts around startup software development scattered around in different posts. Thought it would be good to capture them in one spot and also include links to related posts from other sources.

Trending Sources

Better Business Bureau? For who?

Eric Greenspan

How many BBB logos are there? What is the Better Business Bureau? It’s not a government agency. It’s not policed by a government agency. It’s not even run like a top down corporation. It’s a franchise model, run by local “owners&# or “President/CEOs.&#

Things Get More Crowded For HauteLook, As Amazon Gets BuyVIP

socalTECH

The online, flash sales market for fashion is looking to a bit more crowded this week for Los Angeles-based HauteLook , as Amazon.com said that it had acquired BuyVIP.com. BuyVIP.com is a Spanish operator of a fashion and lifestyle site, which serves the European market with flash fashion sales, similar to HauteLook. HauteLook already has lots of competition in the U.S. market from such competitors as Gilt Group, Ideeli, and Beyond the Rack.

More Trending

Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

“Good Lord Boyet, my beauty, though but mean, Needs not the painted flourish of your praise: Beauty is bought by judgment of the eye, Not uttered by base sale of chapmen’s tongues” . William Shakespeare, British Playwright, from Love’s Labour’s Lost , 1598.

Have a Look Inside an Angel’s Brain

Ask the Angels

As Angel investors, we like to see entrepreneurs with a laser-like focus on themselves, their venture, and fundraising. However, there are times when that single-mindedness can work to their disadvantage. With startups, fundraising is usually the most formidable challenge, whether the money comes from Angels, VCs, or other sources.

Meet some attendees of our recent TCVN Social

Tech Coast Venture Network

Early stage boards work for stock options, not cash.

Berkonomics

Give one percent equity to each outside board member vesting over four years of service. Many early stage CEOs and board members have asked for some guidance regarding pay and time commitments for board members. Here is my best advice, based upon many boards and many years. Pay early stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over four years of service.

Understanding How The Innovator’s Dilemma Affects You

Both Sides of the Table

One of the most influential books of my career is The Innovator’s Dilemma by Clay Christensen. I cannot recommend it enough for people in the technology or media sectors.

Startup CTO or Developer

SoCal CTO

I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up.

CTO 87

Is life moving faster now or does it simply move faster as you age?

Eric Greenspan

Jackson Greenspan, 6 months. It’s hard to believe that my newborn is not so new anymore. The past 6 months went by faster than any I can ever remember. Jackson keeps getting bigger and the days keep getting shorter. The older I get, the faster life seems to wiz by.

News 11

Clarient Acquired By GE Healthcare For $580M

socalTECH

Aliso Viejo-based Clarient , a developer of cancer diagnostic tools, is being acquired by GE Healthcare in a deal worth $580M. According to GE Healthcare, which is a unit of General Electric, it will pay $5.00 per common share or $20.00 per preferred share in cash for Clarient. Clarient is a maker of molecular diagnostics tools used to diagnose and characterize cancer. GE Healthcare said the buy will "strongly enhance" its current diagnostic and life science offerings.

Tool 47

Bootstrapping Your Business – Startups Uncensored #19

Jason Nazar

This month’s Startups Uncensored will be on “Bootstrapping Your Business”. It will be an open and frank town-hall conversation with some of the most successful LA entrepreneurs talking about how they started and grew their successful businesses without raising outside financing.

How to Block Unwanted Bots from Your Website with.htaccess

SoCal Delicious

How to Block Unwanted Bots from Your Website with.htaccess Deny Access to Certain Bots/Programs How to Block Unwanted Bots from Your Website with.htaccess by Christopher Heng, thesitewizard.com I received requests from a few webmasters some time ago asking me if there was a way to block unwanted bots from their website.This article shows you how you can do this using.htaccess. Preliminary Information What are bots?

IP 4

Have Mophie Will Travel: Mophie Juice Pack Plus

Tech Zulu Event

Apple does an amazing job improving the battery life in their phones, but seemingly it is never enough. As entrepreneurs come out with new LBS (location based services) applications and more ways to stay plugged in, the likelihood of actually making it through the day on one charge is far gone. Visit TechZulu for full story. Retail & Consumers Apple Battery Case Gadget Review iPhone 4 Mophie Mophie Juice Pack Plus review

De-risk Your Startup By Doing It Again: The Joy Of Getting The Band Back Together

InfoChachkie

In 1980, following the breakup of the American band The Eagles, Don Henley was asked when the group would reunite. His response, “When hell freezes over.” Surprisingly, hell froze over 14-years later, when The Eagles launched a highly lucrative tour and TV special.

IP 13

AngelList – Santa Never Sleeps

Ask the Angels

A somewhat briefer post today about a group I recently joined called AngelList. The essence of what they’ve done is to create a worldwide community of angel investors, connecting them with startups looking for funding through a curated email distribution list of investors. If your company is putting together an angel round, including one that’s partially raised but needs to be finished off, it’s a great service for connecting with investors, including the Pasadena Angels.

AT-A-BOYS (Follow Up)

Tech Coast Venture Network

Virginia's Post got me thinking a lot about how entrepreneurs and business owners treat their employees. Along the same lines as Virginia's post, check out this fascinating examination of what REALLY motivates your employees/co-workers. You might be surprised.

To your board of directors: Noses in, fingers out.

Berkonomics

I first heard this in a governance seminar for a non-profit higher educational board upon which I sit, years ago. It made an impact and stuck with me through the years. I have repeated it often to boards deliberating action and to individual board members seeking to get their hands dirty inside the corporation by giving advice and helping at levels beneath the CEO. The problem cannot be overstated.

Want to Know the Difference Between a CTO and a VP Engineering?

Both Sides of the Table

I recently did a post for startups on understanding sales people. A few people have asked me to try and define the perfect startup organization chart. I don’t believe that one exists. Every team configuration is different. But I do have more insight into understanding your startup team.

CTO 148

Caution 2.0

SoCal CTO

Just saw this tweet fly by: Unfortunately, this CTO happens to be the CTO of a restaurant chain which was probably the reason that this was tweeted. But the point is pretty simple.

CTO 52

Communicate 2010…

Eric Greenspan

Wanna Talk? Email? Tweet? Message? Comment? We need guidance on how to use these tools properly. While they’ve been designed to make it easier to communicate, many of us find it adding to our stress. The toughest part is choosing which tool, method, medium or device.

Email 11

Boingo Get Preload On MetroPCS

socalTECH

Los Angeles-based Boingo Wireless , which operates a network of Wi-Fi hotspots, reported Tuesday that its software is now being preloaded on Android phones from wireless carrier MetroPCS.

Business Development Advice (for the online world)

Jason Nazar

I often get asked for advice on Business Development. I’ve spent most of my career in sales (or some sales like function), and here are my thoughts on how to be better with your BD. This post is geared toward folks looking to do BD deals in the online world. 10 Tips for Better BD.

Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed.

25 Digital Entertainment Executives to Watch and Your Chance to Meet Them

Tech Zulu Event

On January 6, 2011, Digital Media Wire is hosting its 4th Annual Digital Media Insider at CES, an exclusive event for the digital media industry’s key movers and influencers at the 2011 Consumer Electronics Show (CES). Visit TechZulu for full story. Arts & Entertainment Events New Media Retail & Consumers Alex St.

Optimistically Pessimistic: Entrepreneurs Fear Near-term Failure Yet Are Assured Of Their Long-term Success

InfoChachkie

A friend once told me about a soccer game in which the opposing team deployed a frustratingly effective strategy. Every time they scored, their Captain ran around the field yelling, “tied score, tied score!”

AngelList - Santa Never Sleeps

Ask the Angels

A somewhat briefer post today about a group I recently joined called AngelList. The essence of what they’ve done is to create a worldwide community of angel investors, connecting them with startups looking for funding through a curated email distribution list of investors. If your company is putting together an angel round, including one that’s partially raised but needs to be finished off, it’s a great service for connecting with investors, including the Pasadena Angels.