November, 2012

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Entrepreneurshit. The Blog Post on What It’s Really Like.

Both Sides of the Table

It’s 4.50am. Sunday morning. And I couldn’t sleep. I have much on my mind since I just returned from a week on the road. 5 days. 3 cities. Late night Mexican food. Beers. Airports. Delays. I left on a Sunday. I had to miss a full day with my family, camping in the mountains. I returned home Friday night at 10pm – too late to see my kids.

Blogging 420
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CMO CTO COO Equity and Compensation

SoCal CTO

I was just asked about a particular startup situation (seed stage, CMO hire, non-founder) and particularly what compensation and equity is appropriate. I know a lot more about CTOs specifically CTO Salary and Equity Trends 2009-2011 , Visualization of Startup CTO Equity and Salary Data , Startup CTO Salary and Equity Data , but I've previously written about the issues with Equity for Early Employees in Early Stage Startups.

CTO Hire 329
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Ten Of The Top Tech Companies For Employees In LA

socalTECH

Who are the top tech companies to work for in Los Angeles? Despite a huge number of companies, we found there are a number which. popped up consistently in an informal (and highly non-scientific poll) of a number of readers, executive recruiters, and others in the Los Angeles area, who cited growth, brand, profitability, and other factors in their suggestions to us of the top companies.

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23 Startup Tips From Oprah Winfrey

InfoChachkie

This article previously appeared in Forbes. Note: This is an installment in the Iconic Advice series. Other installments include: Jeff Bezos , Steve Jobs , Mark Cuban , Richard Branson , Walt Disney , Mark Zuckerberg , Michael Dell and Larry Ellison. Oprah Winfrey is one of the most successful entrepreneurs of her generation. Raised by her grandmother in rural Mississippi until age six and then by her mother, who worked as a maid in Milwaukee, Ms.

Tips 279
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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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Act like an Eagle Scout.

Berkonomics

You may have been a Girl Scout or a Boy Scout in your youth. Certainly you are aware of the top rank in each – the Gold Award for girls and the Eagle badge for boys. Scouting teaches leadership and even if we were not members in our youth, there are lessons for us all. For example, the Boy Scouts of America motto is “Be prepared.” And from that comes training in first aid, disaster preparation, and outdoor skills, planning for events and outings, and any number of simulations or practice runs

Training 266
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Every Entrepreneur Needs to Master Public Speaking

Startup Professionals Musings

As a mentor for aspiring and early-stage entrepreneurs, I talk to a fair number who may have a great vision and a strong engineering background, but have a negative interest in the role of public speaking in business. In fact, they often claim to be part of the survey group that fears public speaking more than death, but I’m not sure how anyone could validate that survey.

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Find and Talk to other Startup Founders of Similar Startups

SoCal CTO

One of the recommendations I make all the time to startup founders, is to find other founders who have tackled similar problems as yours and talk to them about how they solved these problems. As an example, I'm working with two sets of founders who are both going to be dealing with Getting Started with a Two-Sided Market Business - they are variants of two sided markets, but have similar characteristics.

Startup 301
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Deloitte Announces Local Fast 500 Winners

socalTECH

The annual ranking of the fastest growing companies by Deloitte , the 2012 Deloitte Technology Fast 500, was released today, showing a healthy list of Southern California companies in growth mode. Topping the list for Southern California was EdgeCast Networks , the content delivery network headed by Alex Kazerani, which showed an astounding five year growth rate of 21406%.

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Lean Startup Legend Steve Blank Discloses His Most Daring Guerrilla Marketing Tactics

InfoChachkie

I always walk away smarter after speaking with Steve Blank. In addition to being a thought leader within the Lean Startup Movement , Steve is also a professor at Stanford and Berkley. However, many people are not aware that prior to entering academia, Steve was a wily and creative marketing entrepreneur. If you haven't already subscribed yet, subscribe now for free weekly Infochachkie articles!

Marketing 271
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Lead by consensus wherever possible.

Berkonomics

Dictators are not great leaders in the long run. People follow such leaders by fear, rarely by devotion. Employees want to have a stake in their own destiny, and above all want to understand why actions are taken which affect them, even if the outcome is not in the employee’s favor. The best leaders are those who share problems and alternative solutions with their direct reports, then seek consensus in decisions as a result.

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10 Avoidable Mistakes Cause Entrepreneurs Much Pain

Startup Professionals Musings

I’ve been advising and mentoring startups and growth companies for years, and find myself always pushing them to try something new, for the sake of growth and survival. When you try new things, you make mistakes, and I’ve seen many. Smart companies learn from their own mistakes, but some don’t pay enough attention to other people’s mistakes. In the spirit of saving you a few lifetimes of pain, here are some common mistakes that seem to happen routinely: Wait until your company is up and growing

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Why Silicon Valley and Hollywood Don’t Get Each Other and Who Will Win the Future

Both Sides of the Table

For the past three years I have been pounding the table as loud as I can about the future opportunities in digital video. The concise guide is here. My narrative has stayed pretty simple: People in the US watch 5.3 hours of TV per day. People read for less than 30 minutes. You will not fundamentally change consumers media consumption habits. So you tell me what the future of the Internet will be?

Hollywood 374
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TZ Presents: ‘Nice Guys’ DO Finish First In Business | Fireside Chat With Greg Cargill

Tech Zulu Event

TechZulu is excited to invite you to a fireside chat with Greg Cargill, VP of Client Services and Social Media at BLITZ. Greg will share his experience on how to Successfully Build and Sell an Effective Social Media Marketing Agency. There will be plenty of FREE Pizza & Drinks! Greg Cargill has worked on social for clients such as Harley Davidson, NAKED Juice, Honda, NYC Department of Public Health and Nike.

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How DinnerDate.com Takes Online Dating Offline, with Andrew Connell

socalTECH

Andrew Connell is the CEO of DinnerDate.com , a startup which has been in beta in San Diego for the last few months, and is just now expanding out to new markets. The startup--created by Robert Earl (Founder and CEO of Planet Hollywood), Grant Hosford (formerly of eHarmony), and Connell (formerly of Nokia)--is using the Internet to arrange group dates at local restaurants, to connect people in person and offline.

San Diego 264
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Avoid Death By PowerPoint – Create Slides That Don’t Suck

InfoChachkie

As a venture capitalist, I am asked to provide feedback on a fair number of PowerPoint and Keynote slide decks. I usually only have time to perform a cursory review. Even so, I find myself repeatedly making the same recommendations, which I have codified below. If you haven't already subscribed yet, subscribe now for free weekly Infochachkie articles!

Slides 258
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What’s in it for me? Think like your stakeholders.

Berkonomics

If you want to best describe the motivation behind the action, think “What’s in it for me”? Your employees, your shareholders, your customers, and your suppliers are all driven by this question. So why not put yourself in their shoes and develop your action plan and goals to help each of them to achieve theirs? Employees want to be challenged, appreciated, and rewarded for good work.

Course 176
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10 Rules of Thumb for Startup Investment Valuation

Startup Professionals Musings

Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, saying “make me an offer,” or quoting an exorbitant number. I’ve written about this before, but it’s a mysterious subject, and I’m always learning more.

Startup 108
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Why Startup Entrepreneurs Need to Communicate More Like George Bush Than Al Gore

Both Sides of the Table

This article originally appeared on TechCrunch. It is election season. So it’s tempting to think this is going to be a partisan post – it is not. I use George Bush vs. Al Gore as allegory and I’ve been using it with entrepreneurs for years to sink in a simple point about how to communicate with the market. I use it because I believe in the power of visual and memorable stories to sink into the consciousness.

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Hub of Awesome | Interview With Ann Le Managing Director of Hub LA

Tech Zulu Event

One month old Hub LA already has over 100 members! They didn’t use any magic, its just what they offer and an awesome community of friends, press and members. TechZulu caught up with Ann Le, MD of Hub LA and we learned about their business acceleration services, social/civic events, and cultural/arts and above all programming sessions! How unique is Hub LA?

Startup 108
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TheBouqs Looks To Upset Flower Delivery

socalTECH

A new, Los Angeles startup, TheBouqs , headed by a former ShoeDazzle executive, has just launched, hoping to upset the often confusing (and expensive) online flower delivery market. The startup has launched a service which delivers flowers for a flat, $40, including shipping, with options for subscriptions and scheduled delivery. The service is the brainchild of John Tabis, who formerly was VP of Brand, Strategy, and Corporate Development at ShoeDazzle, and also served at The Walt Disney Company

Pricing 256
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Citrix’s CEO Mark Templeton: Personal And Professional Success Secrets

InfoChachkie

This article previously appeared in Forbes. Citrix's CEO, Mark Templeton, recently shared his insights regarding achieving personal and professional success as part of UC Santa Barbara’s Distinguished Lecture Series. The underlying theme of Mark's talk was: "Success Isn't What Happens To Other People - It Can Happen To You.". Mark knows a bit about success and what it takes to reach the top of one's industry.

Mentor 254
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Turn “process” into “game.”

Berkonomics

Most of us are driven by the competitive spirit, the desire or need to win. It reinforces self-worth, provides closure at the end of a good effort, and energizes us during the effort to achieve. Many of us as managers – and our employees as workers – are driven by process, actions required to achieve a result. And many of these actions are repetitive to a fault, contributing to boredom and ultimately to restlessness and desire for something new, in or out of the company.

Metrics 176
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10 Key Metrics To Take a Startup to the Next Level

Startup Professionals Musings

Entrepreneurs have no trouble focusing on how to build a product, and the good ones know how to find and nurture those first critical customers. Many, however, don’t know how to take their small business to the next level. What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics.

Metrics 106
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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

I recently wrote about the 12 tips to building successful startup communities. After a recent discussion I had with Steve Blank it made me remember that I had left off one of the most critical factors – a culture of failure. I remember this lesson well. I lived in London from 1997-2005 and for 6 of those years ran my startup based out of London.

Startup 350
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IPO Village | Now anyone can invest in an IPO

Tech Zulu Event

During the past twelve months we’ve seen (and heard) a great deal of conservation around crowdfunding and what it has brought to an exploding entrepreneurship community. As it’s brought life to numerous new projects while offering entrepreneurs an additional outlet for receiving funding. Crowdfunding isn’t something new, however in the world of startups its brought new opportunities of funding that once weren’t available.

Invest 108
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Sixty-four Southern California Firms On Technology Fast 500

socalTECH

Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. list. A very healthy list of Southern California companies made the list, with a total of 64 companies in the region ranked in the list. The full list follows: 13 EdgeCast Networks 21406% Santa Monica Alex Kazerani 15 Optimer Pharmaceuticals, Inc. 18798% San Diego Pedro Lichtinger 22 Phone Power 7642% Winnetka Ari Ramezani 23 TeleSign Corporation Software 7534% Marin

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Ten of Southern California's Top Software Companies

SoCal Delicious

Southern California is often criticized for having too many startups which only revolve around brand, celebrity, ecommerce, and. marketing, and not enough of the traditional, software-and-algorithm intensive startups you'd expect to see in Silicon Valley. However, that's not always the case. We've identified ten of the more technically interesting companies working on software in Southern California, using our unscientific, unproven, and undoubtedly biased informal polling.

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If it Didn’t Happen on Twitter it Didn’t Really Happen. Here’s Why

Both Sides of the Table

I wrote this post a long time ago. When I did it was a little too close to home for a company to have me publish it. Much time has passed. And I felt it was instructive still so I thought I would publish. I decided to water down some details to protect the innocent. But both stories are still accurate. I hope it still resonates. A while back I received a frantic phone call from the CEO of a company in which I invested.

Press 336
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Some Quick Thoughts on Exits for Technology Startups

Both Sides of the Table

Later today I’m presenting at the annual Rincon Ventures Summit in Santa Barbara. Startup Exits: A Primer from msuster. I thought you might like to see an advance copy of what I’m going to cover. I speak privately a lot about getting an exit at a startup. I haven’t spoken publicly about it much but since Rincon asked – I agreed.

Startup 323
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Curating The Web Using PublishThis, with Matt Kumin

socalTECH

If you're a web publisher, or even a brand developing your own outreach to customers through a newsletter or microsite, how do you efficiently gather and curate all of the news and information out there? Right now, it's a manual process--unless you're using the tools from Los Angeles-based PublishThis (www.publishthis.com). The firm has created a tool which uses software and semantic search to help in the whole process of curating content.

Web 237
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Los Angeles Ranks Third In Top Startup Ecosystems

socalTECH

A new report issued this morning from the Startup Genome has ranked Los Angeles as the third top startup ecosystem, only behind Silicon Valley and Tel Aviv. The Startup Genome is an effort to benchmark startups against other startups, and figure out the keys to startup success. At number three, Los Angeles beat out Seattle (4), New York City (5), Boston (6), and other technology centers in the ranking.

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Fan Appz Launches Social Media Marketing Product

socalTECH

Los Angeles-based Fan Appz , which is headed by Jon Siegal, said today that it has launched a new social media marketing product. The firm said its Personalized Marketing Platform is aimed at brand, to help them turn their fans into customers. Fan Appz said it differs from other, social media marketing products because it is focused on helping brands close a sale.

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How Go Trexx is Making Travel More Rewarding, with Samantha Lurey

socalTECH

How do you make travel a more rewarding experience--particularly if you're traveling with kids? Go Trexx (www.gotrexx.com), which is based in Mission Viejo, think it's by engaging kids with mobile applications which provide background information, helps to build excitement, and gets kids involved in traveling to different destinations. We spoke with founder and CEO Samantha Lurey on how her startup is trying to make travel with kids--and eventually, adults--more fun, by providing location-based

Guide 232
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TVC Capital Backs Wellness Software Firm

socalTECH

San Diego's TVC Capital has made another investment in a growing software firm, this time in Washington State. Limeade , a developer of software-as-a-service tools to manage employee wellness programs, said today that it has raised $5M in a funding round from TVC, which it will use for innovation and servicing its customers. Steven Hammerslag of TVC has joined Limeade's board of directors.

Software 232
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ZEFR Hits 1 Billion Monthly Views

socalTECH

Venice-based ZEFR , the online content provider headed by Zach James and Richard Raddon, has reached 1 billion monthly views of its content, the firm revealed Monday, as part of an invite to supporters to celebrate the milestone. The company--formerly known as MovieClips--offers up content from partners such as Universal, Warner Bros., Paramount, MGM, Miramax, Columbia, and others, for online distribution.

Paramount 230
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How Enervee Is Making Shopping For Products Energy Smart, with Matthias Kurwig

socalTECH

Are you someone who'd like to save money, energy, and maybe the environment while shopping for your new television, appliance, or other electronic product? If so, how do you figure out what the better choice is when you're making those purchase decisions? In a bid to try to make it easier for consumers to figure that out, Enervee (www.enervee.com) recently rolled out a new tool to provide an "Enervee Score" to help rate products on their energy efficiency and cost--and is now trying to get manuf

Product 227