Both Sides of the Table
SEPTEMBER 16, 2009
This post is part of my series “ Startup Lessons &#. Elephants, Deer and Rabbits – Some thoughts on start-up segmentation. Nearly all of the mistakes I made at my first company I fixed by the time of my second company. This is the only mistake I repeated twice and it is a mistake that I see many, many companies make. I know that this advice won’t apply to every possible startup – but I think it applies to many.
InfoChachkie
SEPTEMBER 15, 2009
This is a reposting of a ‘classic’ popular post. A Fortune 500 CEO once told me that I was a Bank Robber. Initially, I was offended. However, once he explained what he meant, I was flattered. A Bank Robber is someone who craves the thrill of the chase. They love planning the heist and experiencing the adrenaline rush that goes along with taking down a bank.
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socalTECH
SEPTEMBER 1, 2009
Los Angeles-based Rubicon Project , which provides online advertising optimization for web publishers, reports this morning that its latest advertising market survey finds that CPMs are up "significantly" in Q2. The firm, which pulls pricing data from publishers and ad networks using its service, said that it is seeing ad pricing jumps as big as 270% among music sites.
SoCal CTO
SEPTEMBER 20, 2009
Just a quick note that I'm going to the Digital Family Summit on Wed around online communities. Hope to run into some people there.
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SoCal Tech Calendar
SEPTEMBER 30, 2009
Tuesday, October 6, 2009 -- The Workshop: Get Funded in One Day (Dealmaker LA). Brought to you by the team who produces Startonomics and Dealmaker LA, this hands-on "workshop-style" event will allow entrepreneurs to drill down on the key issues we face when laying the foundation to build and fund their company. MENTORS INCLUDE: Charles Halloran, Attorney, KPPB Dan Gould, VP Technology, Fox Interactive Media Dave McClure, Founders Fund Daniel C.
Both Sides of the Table
SEPTEMBER 8, 2009
This is part of my ongoing series called “ Start-up Lessons.&#. I was reading Chris Dixon’s blog tonight. He writes with a great perspective and is well worth reading. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. I had to laugh a bit reading it.
Southern California Tech Central brings together the best content for technical professionals in Southern California from the widest variety of industry thought leaders.
Both Sides of the Table
SEPTEMBER 13, 2009
This is part of my ongoing series “Start-up Lessons”. Tonight I was reading a good blog post ( here ) from Sean Powers with Alistair Croll on preparing yourself for the TC50 “bump” – the rise in traffic that a company gets from presenting at TechCrunch 50. Worth a read on how to maximize the traffic that comes to you site since much of it will be fleeting.
Both Sides of the Table
SEPTEMBER 9, 2009
This is part of my ongoing series, “ Pitching a VC.&#. I recently wrote a blog post here in which I argued that the best VC meetings are discussions and not sales pitches. Many people agreed and added that even the best sales meetings are also discussions and not pitches. A few weeks ago I sat through two very contrasting presentations and wrote this blog post right afterward.
Both Sides of the Table
SEPTEMBER 20, 2009
This is part of my ongoing series, “ Pitching a VC.&# Getting a meeting with a prominent angel or VC is difficult enough. Some advice on how to do that was covered in this link – Getting Access to a VC. This post covers the day after. I spoke about the topic on Fox Business News yesterday in a great session with TechCrunch50 winner RedBeacon and will post it along with my other VC Videos when Fox puts it on their website.
Both Sides of the Table
SEPTEMBER 29, 2009
When venture capitalists scale back investing activities it can be very swift and leave many companies that are in the process of fund raising hung out to dry. Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. I would argue that the shut-down of September 2009 was equally severe yet there are signs that this “VC Ice Age” has begun to thaw.
Both Sides of the Table
SEPTEMBER 10, 2009
This is part of my ongoing series, “ Start-up Lessons.&#. Recently I wrote a blog post about how I hated losing, but I embrace it. My starting line with every entrepreneur is that everything I learned about being an entrepreneur I learned from F’ing it up on my first business. I even put that in the the preamble to my Start-up Lessons outline.
Both Sides of the Table
SEPTEMBER 11, 2009
photo courtesy of Atlanta Braves. This is part of my ongoing series “ Pitching a VC.&#. The “Triple Play&# of VC Presentations. A large part of my series has been outlining what the typical VC PowerPoint presentation should look like. Some readers have commented that in today’s world you shouldn’t even need a PowerPoint presentation – in this era you should always just demo your product.
socalTECH
SEPTEMBER 21, 2009
Fountain Valley-based D-Link , a provider of networking products, announced this morning that it has hired Kevin Lahm as an Associate Vice President of North American Field System Engineers. Lahm comes to the firm from 3Com Corporation, where he was Western Region Sales Engineering Manager. D-Link said that Lahm will be in charge of D-Link's network of field systems engineers in the U.S. and Canada.
InfoChachkie
SEPTEMBER 29, 2009
This is part III of a three part series. Click here for Part I and Part II. John Fitch was first. He spent the majority of his adult life fruitlessly attempting to capitalize on the novelty and uniqueness of his invention. Unable to raise funds from wealthy individuals, he solicited $300 from a hodgepodge of small businessmen, including tavern owners, grocers and physicians.
socalTECH
SEPTEMBER 14, 2009
This morning's interview is with Billy Fried , co-founder and CEO of Kijubi (www.kijubi.com), a new startup which is looking to help people find travel activities. The firm is launching itself today at TechCrunch50. We talked with Billy last week about the firm, and what it's trying to do: What's the whole idea behind Kijubi? Billy Fried: As an active person, with an active family and active friends, I've gone on vacation and searched around for things to do, or looked for things to do on a week
socalTECH
SEPTEMBER 30, 2009
Los Angeles-based online publisher Break Media said today that the firm has more than tripled its branded content projects this year, and expects that it will grow 18 percent this year, despite the economy. Break, which operates a series of web sites focused on content for the young male demographic, said that it had what the company calls its "best revenue month" in the company's history in August, and is expecting revenue growth this year.
socalTECH
SEPTEMBER 15, 2009
The Orange County Chapter of the Tech Coast Angels is promoting a program to help jumpstart small companies, O.C. SeedTrack, building off of earlier efforts by the group's San Diego and other chapters. According to the O.C. Tech Coast Angels, the new program will provide seed funding, strategic planning, and execution of day-to-day functions of startups.
socalTECH
SEPTEMBER 24, 2009
Los Angeles-based Ace Metrix , which is venture backed by Hummer Winblad Venture Partners and Palomar Ventures, said today that it has rolled out a number of enhancements to the firm's service for the advertising market. The firm, which provides testing of advertising creative, said it has launched Ace PreTest, which provides custom ad pre-testing for clients, Ace Macroscope, which breaks down ad analytics based on demographics, along with other updates like better graphing and filtering.
InfoChachkie
SEPTEMBER 1, 2009
This is a reposting of a ‘classic’ popular post. Along with Dr. Seuss’ “ Green Eggs and Ham ” and Marcia Brown’s “ Stone Soup ”, the seemingly innocuous board game “Monopoly” has played a pivotal role in the United States’ rise as an economic superpower. If you haven’t already subscribed yet, subscribe now for. free weekly Infochachkie articles!
socalTECH
SEPTEMBER 1, 2009
San Diego-based DivX , a developer of media encoding and decoding software, said late Tuesday that it has acquired AnySource Media LLC , a developer of streaming media software which can be used to enable on-demand playback of video on HDTV, Blu-ray disc players, and other consumer electronics devices. DivX said it would pay $7.5M in cash plus up to $7.5M in earnout over three years for AnySource.
socalTECH
SEPTEMBER 30, 2009
Los Angeles-based Crosscut Ventures (www.crosscutventures.com) is one of the newest venture capital funds in the area, and has quietly been working on funding local companies over the last year. The fund--started by Brian Garrett and Rick Smith --has been focused on digital media investments, and so far has made investments in six companies. The fund is just celebrated its first year in business, so we thought we'd catch up with Brian to hear more about what the firm is investing in, the challen
InfoChachkie
SEPTEMBER 22, 2009
This is a reposting of a ‘classic’ popular post. When viewed from The Fringe, the world is like a cash booth from a bad 1950’s TV game show. Just like in the game show booth, in the real world, you can count on various exogenous factors to generate some proverbial wind that will swirl the cash around and force you to work a bit for the money.
socalTECH
SEPTEMBER 16, 2009
Carlsbad-based Dayak , an angel-backed operator of an online recruiting and jobs site, has been acquired. According to Utah-based RecruitHire, it acquired Dayak's online recruiting marketplace, and will be making the marketplace part of its service. Financial terms of the acquisition were not disclosed. Dayak had raised around $2.1M in funding, from such backers as Bessemer Venture Partners, First Round Capital, NextStage Capital, and the Tech Coast Angels.
socalTECH
SEPTEMBER 14, 2009
Vista-based Aptera , the electric vehicle effort being funded by Idealab, Google, and the Quercus Trust, is at the center of a lobbying effort in Washington, D.C., according to a report today in the Wall Street Journal. The WSJ says that Aptera's backers are lobbying to include the vehicle--currently excluded from Department of Energy programs for spurring electric car design--in a spending bill.
socalTECH
SEPTEMBER 28, 2009
Pasadena-based Guidance Software has expanded its line of products this morning to include a new security tool. The firm said today that it has rooled out EnCase Cybersecurity, a new product for detecting malware, detecting sensitive information on corporate networks, and more. The new product augments existing antivirus, firewall, and other cybersecurity tools.
socalTECH
SEPTEMBER 24, 2009
For our Insights and Opinions section today, we have an article from Scott Edward Walker, an attorney at Walker Corporate Law Group, who gives his list of five common mistake that entrepeneurs make in raising capital. This post discusses the five most common mistakes entrepreneurs make in raising capital: (i) playing securities lawyer; (ii) selling securities to non-accredited investors; (iii) advertising or soliciting investors; (iv) using an unregistered finder to sell securities; and (v) se
socalTECH
SEPTEMBER 24, 2009
Los Angeles-based Projecturf , a developer of software-as-a-service for project and collaboration management for small and medium businesses, is announcing an upgrade to the firm's namesake offering today. According to the firm, the version 2.0 of the firm's product includes over 60 new features and enhancements, including a better user interface, new sections for ticketing and bug tracking, better customization options, and more.
socalTECH
SEPTEMBER 14, 2009
Irvine-based Broadcom said today that it is suing Emulex Corporation, over patents related to its networking and communications technology. Broadcom filed the lawsuit in the U.S. District Court for the Central District of California Monday, saying that Emulex infringed on ten Broadcom patents, covering high speed data and storage networking technology.
socalTECH
SEPTEMBER 14, 2009
Woodland Hills-based ReachLocal , which operates an online marketing service targeted at local businesses, is announcing today that it has purchase the remaining interest in the firm's Australian joint venture partner, Netus Pty Ltd. No financial details of the acquisition were disclosed. ReachLocal said it now owns all of its international operations, which include Canada, the UK, and Australia.
socalTECH
SEPTEMBER 9, 2009
San Juan Capistrano-based OptionEase , a developer of software-as-a-service for managing stock options and fair value accounting and compliance, announced today that it has raised another $1.0M in venture funding in its Series A round, bringing the total to $3.5M. The round came from Miramar Venture Partners. Bruce Hallett of Miramar joins the firm's board as part of the funding.
socalTECH
SEPTEMBER 8, 2009
Last month, AccessDNA (www.accessdna.com) announced it had raised a seed round of funding for the firm's shopping engine for genetic tests. We sat down with Lee Essner , the firm's CEO and founder, to chat about the company. Essner was most recently EVP at WeddingChannel.com, and he tells us why he thinks now is the right time for the firm's services.
socalTECH
SEPTEMBER 21, 2009
Santa Ana-based Ingram Micro said today that it has inked a distribution agreement with Aliso Viejo-based QLogic Corp. , a developer of storage networking products. Ingram, which distribution IT hardware and software, said it would distribute QLogic's 8Gb Fibre Channel, Fibre Channel over Internet (FCoE), Infiniband, and 10 Gigabit Ethernet (10Gbe) and other technology throughout the Americas.
socalTECH
SEPTEMBER 16, 2009
Six Southern California firms have made Forbes.com's list of 20 of "America's Most Promising Companies 2009", which was released Wednesday. Among the technology focused firms on the list were San Clemente-based Kerosene and a Match , ranked at number 2, which is developing technology for searching for graphics, photos, and videos on the Internet; Irvine-based Private Access , a developer of software used for recruiting subjects for medical research, ranked at number 12; Yobra Linda-based Genea E
socalTECH
SEPTEMBER 30, 2009
Aliso Viejo-based Networks In Motion , a developer of location-based, wireless search software, announced today that the firm has added support for 10 additional languages and 38 countries to its NAVBuilder product, specifically to support markets in Europe and South America. NAVBuilder is the firm's platform for developing location-based wireless applications, including its OEM-branded, turn-by turn navigation applications.
socalTECH
SEPTEMBER 30, 2009
Irvine-based Autobytel , which provides an online marketing and lead generation service for automotive dealers, announced today that it has re-launched an email marketing program. The firm said that its Email Manager program is targeted at interact with car buyers in a "lengthening purchase cycle." Autobytel's Email Manager program sends emails to potential buyers of cars 5, 10, 15, 30, 45, 60, and 90 days after a customer submits a lead to the site, and lets dealers know when customer click on
socalTECH
SEPTEMBER 29, 2009
One of the co-founders of Oversee.net , the successful Los Angeles domain name monetization firm, has surfaced in Seattle with a new startup, AppBank.com. Fred Hsu, who co-founded Oversee.net along with Lawrence Ng, has started AppBank to allow users to create and share Facebook quizzes and other applications. AppBank will provide advertising revenue share to users to create their own quizzes, polls, and other applications through its service.
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