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50 coffee meetings. It should stick in your head as a metaphor for networking. For getting outside of your comfort zone. For starting relationships today that won’t pay off for a year. It’s the entrepreneur’s equivalent of “ 10,000 hours.&#. Anybody who has spent any time with me in person will be tired of this advice because I give it so frequently.
Almost every day I'm talking to early stage startup founders (see Free Startup CTO Consulting Sessions ) about what they plan to do. I tend to ask a lot of questions, challenge aspects, make suggestions. But I've often been very surprised by one aspect of these conversations. Many of these founders have talked with several developers or development firms about their plans.
Messenger : Naval Ravikant, Co-Founder AngelList and Co-Maintainer Venture Hacks. Former Founder Epinions. Investor in Twitter, Foursquare, DISQUS, and (by Naval’s own admission) “a lot of other companies you have never heard of”. Dharmesh Shah, Founder of HubSpot and of OnStartups , recently published a great post entitled, Raising Money On AngelList , which offers insights germane to my conversation with Naval.
A new ranking of the top cities for technology ranks Los Angeles as number three, in a list of the top ten cities for technology access and "geek friendliness". In the ranking , Los Angeles was number three, behind Seattle and the San Francisco Bay Area, but ahead of such cities as New York, Boston, and Washington, D.C. The list was compiled by Wired Magazine, and factored in the number of stores selling tech gadgets, free wireless Internet access, technology jobs, engineering schools--not to me
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.
One of the most valuable tools in an executive’s arsenal is the use of the question chain in planning meetings or to analyze scenarios that might result from an action. The powerful words are “What if…” followed by an ever-deeper question that follows the possible results of an action, or a decision based upon the last “What if” question. The beauty of this method is that it causes the person proposing the solution to think much more deeply than during the development process, unveiling many po
Tuesday, September 6, 2011 -- Intellectual Property Workshop Series. Trade Secret Law: Proprietary Confidentiality Discover what is necessary to maintain your companys proprietary information as a trade secret. Gain an understanding of how to avoid critical mistakes that can result in the loss of one of your most valuable assets to a competitor. Email Ingrid.Goodman@lacdc.org.
I sometimes feel that the Silicon Valley culture and we as technologists more broadly can breed monoculture in our approach to entrepreneurship, problem solving, market analysis and technology solutions. Experiences way beyond any hack-a-thon, startup blog or your current company engagement can enrich your thinking and challenge you to think more broadly about the solutions you offer in the market.
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I sometimes feel that the Silicon Valley culture and we as technologists more broadly can breed monoculture in our approach to entrepreneurship, problem solving, market analysis and technology solutions. Experiences way beyond any hack-a-thon, startup blog or your current company engagement can enrich your thinking and challenge you to think more broadly about the solutions you offer in the market.
Almost every day I'm talking to early stage startup founders (see Free Startup CTO Consulting Sessions ) about what they plan to do. I tend to ask a lot of questions, challenge aspects, make suggestions. But I've often been very surprised by one aspect of these conversations. Many of these founders have talked with several developers or development firms about their plans.
TestFlight’s mission is to reduce app developers’ pain. The company effectively leveraged this credo at Apple’s 2010 Worldwide Developers Conference (WWDC). As Ben Satterfield, TestFlight’s CEO explains in the interview below, for the cost of some T-shirts and tacos, TestFlight was able to dominate the mindshare of many WWDC attendees. As Ben points out, successful guerrilla marketing is predicated on creativity and clever execution, not a huge budget.
Have you ever been working on something at work, and suddenly realized what you were doing was applicable to something completely unrelated in your personal life? That's what happened to Brandon Hance , founder of GoodThreads (www.goodthreads.com), a new service which makes it easy for participants in charity walks and events to create personalized T-shirts, supporting the nonprofits running those events.
Markets and competitors change. Are you being left behind? Over the years, I have often heard the complaint from CEO friends that they have become so swamped by the demands of their growing businesses that they feel themselves further and further from the center of their industry, no longer at the forefront of information and competitive development.
Tuesday, August 30, 2011 -- Women in Green Forum. The Women In Green Forum (WIGF) will bring together renowned female professionals from the sustainability field to highlight womens impact on the environmental arena, promote sustainable products and emerging green companies, and provide opportunities for women to learn about careers in sustainability.
I was recently approached by Fast Company to comment on “crisis management&# at startups in the wake of the Airbnb “ranksackgate&# story. I agreed to do the interview because the story was about what other companies can learn rather than about airbnb in particular. What are the teachable moments? The short article in Fast Company is here if you’d like to read it.
I’d like to start by asking each of you to consider helping under-privileged children in America get a little bit more than they have today. Sure, you can give a small amount of money. Even $10. Please. It’s better than zero. You can combine that with supporting Fred & Joanne Wilson. (if you click no other links on theis site click that one).
FNAC. I first heard the term from Chris Fralic at First Round Capital. Feature, not a company. It has always stood out in my mind. Whether something is a feature or a company is clearly subjective. And sometimes features (say, Twitter) turn into companies. For me it is a useful shorthand for a very clever set of product features that in my mind would be hard to remain a stand-alone business or themselves to generate enough revenue to justify the company’s existence.
On this blog I’m often trying to combine lessons for entrepreneurs and market commentary. Yesterday it was my turn for the lesson. In my zeal to prove a point I often take a strong stance on an issue. I then debate the topic in the comments section and hope that we all learn from the conversation. It’s my personality to do this. Yesterday I pushed this passion in the wrong direction.
“ The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. " George Bernard Shaw, Irish Playwright, Co-founder, London School of Economics. Entrepreneurs must be unreasonable in order to dismiss the status quo and create novel solutions.
Last week, Los Angeles-based Bevvy (www.bevvy.com) launched on online site aimed at deals and offers for nightlife and nightclubs. In an interesting twist to the daily deals model, the site does not use printable coupons, but instead uses "secret passwords" to provide people with special deals at venues, is squarely aiming at high end nightclubs, and is striving to be venue friendly to bar and club owners.
How did an email marketing provider turn into a provider of software which mashes up a combination of email marketing, wiki, customer service management, event and meeting management tool, project management software, and much more? San Diego-based GreenRope (www.greenrope.com) is just that, and to figure out how it got to where it is, we spoke with Lars Helgeson, the firm's CEO, about what exactly GreenRope provides, how it grew out of email marketing, and where it is going.
Los Angeles-based AudioMicro , which operates a network of online content licensing marketplaces for audio, photos, and more, is announcing today that it has grown its library of pictures on site ImageCollect to 1.5 million photos. ImageCollect is focused on celebrity photos, offered up using the microstock photo model. AudioMicro said ImageCollect is adding around 25,000 images per day.
Randy Churchill and his team at PricewaterhouseCoopers meticulously prepare a quarterly report detailing the venture landscape, called Shaking The Money Tree. The data consistently confirms that: (i) venture capitalists are typically not adventuresome, and (ii) most startups lack the three intoxicating factors which cause venture capitalists to pull out their checkbooks.
Santa Monica-based Docstoc , the online business documents site headed by Jason Nazar, has quietly been ramping a video content effort at the site. In a new section on Docstoc's web site, the firm has been sharing dozens of video segments featureing business tips and advice from entrepreneurs from Southern California's technology community. The company has invested in dedicated staff and a studio at its Santa Monica offices to film the short business advice snippets, which have come from Jason N
The Tech Coast Angels , Southern California's biggest and most active angel investing group, appears to be backing a developer of prescription drug validation systems, based in Lebanon, N.H. According to a regulatory filing from PharmaSecure , it has raised $2.5M out of a $6M funding round, currently in progress. The firm lists the Tech Coast Angels, Gray Ghost Ventures, Life Science Angels, Angeli Parvi, and Echoing Green as investors; the TCA's Jay Kunin sits on PharmaSecure's board of directo
San Diego-based SkinIt , the maker of protective "skins" for electronic devices, said today that it has expanded its leadership team. The firm--which is backed by ABS Capital Partners, said that Laura Christine is its EVP Consumer Group; Jennifer Jordan its VP of Finance; John P. O'Loughlin is VP Human Resources; Lewis Chang VP of E-Commerce and Marketing; Billy Crotty as SVP Global Operations; and Rick Foukes is VP Coatings Engineering.
Altly , the startup headed by Dmitry Shapiro which is developing an alternative to Facebook, said Monday that it has renamed the firm to AnyBeat.com. The new name was not a surprise, as Shapiro had said the company would be renaming itself before launch. In addition to the new name, AnyBeat outlined a number of principles behind the social network. The firm said it will look to help people meet others who they would not naturally meet in their day-to-day life; help people gauge the reputation of
Every so often--particularly in Southern California--you run into a serial entrepreneur, with multiple successes and great track record-- yet, who very few people are aware of. Jeff Zwelling is one of those. Jeff Zwelling is the co-founder of Convertro (www.convertro.com), a Los Angeles company focused on helping companies track how their marketing efforts are leading to sales conversions.
Los Angeles-based Mobile Roadie , the mobile apps developer, said today that it has inked a partnership with Consenda , a media software firm, to provide mobile news applications for newspapers in Switzerland. According to Mobile Roadie, it has developed mobile apps for Consenda which helps local and regional newspapers through a system called LocalPoint.
ThisWeekIn , the Los Angeles-based, online video podcasting network co-founded by Jason Calacanis, Mark Jeffrey, and Kevin Pollak, is expanding out its lengthy list of podcasts, with a new one focused on startups out the TechStars business incubation effort. The new This Week In TechStars video podcast follows such weekly video podcasts as Mark Suster's This Week In Venture Capital and This Week In Startups from Jason Calacanis.
Earlier this month, Santa Barbara-based zuuka Group , the publisher behind the iStoryTime (www.istorytimeapp.com) line of children's books on the iPhone, announced a first round of funding. We thought it would be interesting to hear from co-founder Graham Farrar, to hear about how the business of books-as-iPhone apps works, what the firm is doing with the funding, and what's next.
Note: This is part IV of a five part series. Access the first installment HERE , part II HERE , part III HERE , and part V HERE. “[Poker] exemplifies the worst aspects of capitalism that have made our country so great.”. Walter Matthau, American Actor. I have discussed in this series a number of books and games parents can share with their children which will cultivate an entrepreneurial mindset.
Santa Monica-based SolarReserve , the developer of utility scale solar power projects, said Wednesday that it has amended an agreement with Nevada's Nye County and its Tonopah Solar Energy affiliate, to require 90 percent of the construction workforce on that project will come from Nevada residents. SolarReserve is developing a 110 megawatt solar energy project in that county, which the firm says it expects will create more than 600 on-site jobs during peak construction.
Messenger : Mark Douglas, President & CEO, SteelHouse Media. Former Vice President of Technology at eHarmony and Vice President of Engineering at the Rubicon Project. In this interview, Mark discusses how his experiences at Oracle, eHarmony and the Rubicon Project contributed to the creation of his latest venture, SteelHouse Media. You can watch the video below or on YouTube here: [link].
Los Angeles-based Mobile Roadie , the mobile marketing app developer focused on brands, has tied with video broadcasting and streaming firm Ustream , the company announced Tuesday. Mobile Roadie said it will offer up its solutions to Ustream broadcasters looking to create their own mobile apps. Financial details of the deal were not disclosed. Mobile Roadie said its self-service app offering will allow Ustream broadcasters to feature their Ustream live channel to mobile users.
The latest ranking the fastest growing companies in the nation by Inc. magazine, has 42 companies in the Los Angeles area on the list. The Los Angeles metropolitan area was ranked just behind Washington, D.C. (50 Inc. 500 companies) and New York City (42 companies) in the Inc. 500 listing, well above San Francisco (19 companies). The highest ranking firm on the list in the area was PaymentMax , an electronic payments processor in Thousand Oaks, with 10,058 percent growth over 3 years; among many
Los Angeles-based Invested.in , the developer of crowdfunding software, has inked a deal to power an Israeli crowdfunding site, JCrowd. According to Tel Aviv-based JCrowd, it has announced a new, Internet crowdfunding platform which is catering to Jewish and Israeli causes and starutps. JCrowd said it will help Jewish and Israeli themed projects with a way to create, promote, and manage online fundraising campaigns.
Looking to help nonprofits, Los Angeles-based GoodThreads said today that it has launched a new service which helps integrate the creation of customized T-shirts, hats, bags, and other merchandise into charity activities and events. The new service allows nonprofits to offer up personalized t-shirts and other products to supporters, as part of fundraising and other event registrations.
Santa Barbara-based zuuka Group , the firm behind the iStoryTime line of mobile children's books, said today that it has raised $2M in a Series A investment round. According to the company, the investment came from Corporate Finance Partners (CFP). Corporate Finance Partners was an investor in Brands For Friends, the German online shopping firm that recently sold to eBay.
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