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Most innovators don’t have a technical background, so it’s hard to evaluate the truth of the situation. And unless they have a tech background, they can’t look under the hood themselves. The answer is to engage a trusted outside source for a TechnicalReview – a deep-dive assessment that provides a C-suite perspective.
This is the mysterious and dreaded duediligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for duediligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. Communicate what is happening and why to everyone.
One would think that with all the sad stories and tools published over the past twenty years, this problem would be behind us. But people are still begging for more technology or laws, often to protect them from themselves. Don’t count on ever passing duediligence, or even getting that deposit back. Marty Zwilling.
The wrk benchmark tool reports a peak of approximately 95 megabytes per second transfer rate with pipelining and 35 megabytes per second without. We caution all readers to review the source code of each test when interpreting the plaintext numbers. In particular, a great deal of effort was provided in reviewing the ASP.NET MVC tests.
This is the mysterious and dreaded duediligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for duediligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. Communicate what is happening and why to everyone.
But until recently we had not made these tools available to non-technical people – namely marketers who want to control their campaigns without necessarily wanting to call in the IT team to implement tools. So now even if you’re not technical you can get a little awe.sm , a solution targeted at businesses.
Asana is a group collaboration tool. I knew Asana was getting rave reviews from friends but maybe there was something not quite working there for me. I wanted to double-down somewhere and roll out a collaboration tool more broadly at GRP. And here’s what I found: There is huge support for both tools. What to do?
This is the mysterious and dreaded duediligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for duediligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. Communicate what is happening and why to everyone.
The main thrust of the post is that with YouTube taking a 45% of revenue and talent taking 70% of the remaining revenue, YouTube Networks didn’t have sustainable businesses unless they invested heavily in technology as a tool to increase margin and provide defensibility. That is the definition of Disruptive Technology.
Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. Rather, entrepreneurs' frustrations are often due to an incongruence between an MBA's expectations versus the value they can deliver to a startup. As I stated in my Quora answer, "hate" is the wrong word.
Because of the rapid pace with which Venture Capitalists review investment opportunities, they must employ pattern matching techniques which include identifying common fundraising deal breakers. A version of this article previously appeared on Forbes. Such deal breakers come in a variety of colors and styles.
According to CapLinked, it will make its premium capital raising and investor reporting tools available to the more than 8,500 startups enrolled with Startup America. Startup America is the effort launched last year to spur the creation of startups nationwide. CapLinked is headed by Eric M. READ MORE>>.
Los Angeles-based Local Roots Farms , a startup located at the Los Angeles Cleantech Incubator (LACI), says it is showing off a traveling, indoor farm at SXSW, which showcases its hydroponic technology. Local Roots says it is developing technology for its "TerraFarms" to help encourage high quality, locally-grown produce.
“Invoice price” is an equally meaningless marketing tool. It got me thinking about the tech industry. Because often these Conference Hos bring back their latest idea from the hot tub cocktail session with their favorite tech superstar. A few years ago I headed out to China for a few weeks on a tech tour.
You’ll get sales information from your VP of Sales, marketing information from your VP Marketing, tech information from your CTO and so on. Similarly I liked to keep myself apprised of the technical decisions we were making. I then did a pipeline review with the VP of Sales.
Resources Required – At high-tech startups, required resources include developers’ time and the opportunity cost associated with alternative uses of the developers’ 12-hour workdays. Due to the high-drama endemic in a startup organization, it can be challenging to evaluate opportunities in a systematic and dispassionate manner.
Los Angeles-based AppOnboard , the developer of mobile app demo technology led by Jonathan Zweig, says that it now has such app developers as FoxNext Games, Game Insight, Superheart Studios, Jam City, Huuuge Games, and Simple Habit using its tools.
To put this into perspective, I have less than 8,000 Twitter followers, yet 3% are classified as "fake" by StatusPeople''s online forensic tool. He noted that, " Throughout the year I review my Twitter followers looking for bots, accounts that have been abandoned, or that are tweeting links with viruses and I remove them. The Downside.
Carlsbad-based Airspace Technologies a provider of technology enabled logistics services and related software, said it has integrated its service with Amazon Alexa. According to Airspace, the new integration allows users to track, trace, and review their shipments using voice commands on Alexa.
Proving your Business Model Works - Build, Define, and Review But how do you prove your numbers? Finally, review the numbers with your partners. Don’t overcomplicate things with reporting tools. Conclusion Startup metrics are an invaluable tool for founders and innovators. Don’t worry about scaling just yet.
seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. These more basic needs can be solved with seemingly simple technologies—software for billing, scheduling, navigation and many other business workflows. The city of Glendale, Calif.
Business tools — from customer relationship management ( CRM ) platforms to accounting software — help to save startups time and money by automating key processes and maximizing efficiency. Yet, with so many tools vying for the attention of business owners, navigating the over-saturated market can be overwhelming. While Hide.me
Quality of your technical and business teams. Make sure they have the tools to support them. Back in the early days of the personal computer, Bill Gates and Microsoft were widely recognized and having the strongest technical culture, as well as a commanding marketing presence. Proprietary technology with a high barrier to entry.
Who else can provide context if your portfolio isn’t growing as quickly as your peer group, if they believe you paid too high a price on a deal, if they question your duediligence in a given situation or whatever critique they might offer? and you’ll need to invest heavily in self-service support tools.
According to DogVacay--which already has more than 50 employees--it is hiring customer service representatives for the startup, looking for technologically proficient dog lovers to help with its customer service team. DogVacay is venture backed by Foundation Capital, Benchmark, First Round Capital, DAG Ventures and Sherpa Ventures.
Santa Monica-based Factual , the open data startup headed by Gil Elbaz, the inventor of Google's AdSense technology, said today that it has launched a new open set of data that the firm says provides geo-coded data for 14 million local U.S. businesses.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. We asked the same four questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next week.
Because he was a big company sales exec he was very critical of some of the missing tools at my company. There’s no way for us to easily rollout changes to pricing, positioning relative to competitors or new sales tools. Like I did, they get stuck in this middle ground where process & tools become more important.
Tuesday, May 3, 2011 -- Clean Technology Leaders Conference and Business Mixer. Presentation will review critical pre-requisites, planning and follow-on actions required to help start or grow a successful business. SPEAKER: John Ricardi, President and CEO, HiTech Initiatives. See [link] (more)
Tech Coast Angels. This year will also include a segment focused on the TCA duediligence and funding process and TCA's new $2M+ Annual Fund. This workshop is designed to prepare new investors with background information, strategies, tools, and resources to succeed in angel investing. How do we know? See [link] (more)
Bill Gates once famously said that people tend to overestimate the impact of technology in the 1-year timeframe and underestimate its impact in the 10-year timeframe. I tend not to go into heat when I hear the latest buzz on the tech blogs about the latest gadgets. My favorite new software tool is DailyBurn.
However, another Los Angeles technology firm Savings.com appears to have seen some major traffic changes on its site this week due to a recent update from Google, according to a report today. with Savings.com one of the top five sites seeing a huge loss in "SEO Visibility" due to the recent changes.
TeleSign said the new tool uses keystrokes, graphical user interface interaction, and other factors, to help prevent account takeover attempts by hackers. TeleSign specifically is targeting account takeover attacks, where a user's credentials are stolen due to weak passwords, bot-attacks, or other means. READ MORE>>.
Guy’s latest book, Enchantment , was released in March of 2011, to overwhelmingly upbeat reviews. Of the 225 customer reviews currently posted on Amazon, over 90% are highly positive. I enjoyed the book as well, as evidenced by the review I wrote at the time of its release, which you can read HERE. It wasn’t the Guy fan base.
Newport Beach-based TaxBuzz.com has launched a new website which it says is aimed at helping people find tax professionals, and featuring client reviews, ability to make online appointments, and more. TaxBuzz.com says it was created by technology firm ClientWhys. READ MORE>>.
Santa Monica-based MomentFeed , which develops software to help multi-location brands manage their reviews, location listings, and much more, says it has rolled out a new product. Pricing on the new tool was not announced. MomentFeed is led by technology veteran Nick Hedges, who was previously CEO and President of Velocify.
The short version of my review is: “Enchanting? Guy utilizes a pragmatic, hands-on approach, which provides readers with tools to enhance their persuasion capabilities, rather than simply presenting them a non-actionable narrative. Unfortunately, most business books do not offer entrepreneurs an adequate payoff. Positive ROI.
Sharpening its focus on the electronic discovery market, Pasadena-based X1 , the enterprise search tools provider backed by Idealab, has split out a new company called X1 Discovery , headed by John Patzakis, the former President of eDiscovery at X1.
You can have the best technology, but if customers don’t know you exist, or they don’t know how your technology solves a real problem for them, your startup will fail. Yet I see many technology entrepreneurs that focus on the basics of marketing too little and too late. Marketing is everything these days. Marty Zwilling.
My initial desire to blog came from something that’s always been my approach to investing – I’m a nerd and I love to play with the technology and part of my approach has really been to understand things both at a user level and at a reasonably deep tentacle level. Brad on blogging. How did you start blogging? “My Human Computer Interaction.
Healthvana , a health tech startup that began with a specific focus on providing patient information digitally for individuals living with HIV, is helping Los Angeles County roll out mobile vaccination records for COVID-19 using Apple’s Wallet technology. “We look and feel like Instagram.
This was in large part due to the marketing efforts of Jason that created a great top end of the funnel (100+ companies applied) and the herculean efforts of Tyler Crowley who spent days going through all of the submissions and serving up 5 very interesting companies. Tags: Tech Market Analysis VC Industry. Ambitious goals.
We're not talking publicly about that yet, but the idea is to get away from the annual review, away from the quarterly review, and give everyone within and outside a company the ability to recognize people, up and down the chain, for doing great things in the workplace. Beyond that, it's really about real time recognition.
Two keys communication tools are the Executive Summary and the PowerPoint Presentation (Pitch Deck). This forum will help you understand how these tools are used to generate a face-to-face meeting, make a persuasive and memorable presentation, and then follow through with the details needed for investors to begin their duediligence process.
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