Start Up One Stop

For Startups, By Startups


6/19/12

Good morning, All,
The next SOS event is July 9th, and it also happens to be my birthday! We are hosting in conjunction with DoItInPerson, so hope you can join us for an evening of drinks and networking with business owners and entrepreneurs. Thank you, DoItInPerson, for making it happen. To RSVP for the early bird rate: http://bit.ly/LnJuAT And we thank you for the birthday wishes you’ve been sending – and still hope to see you there to help celebrate! Indulge us this week: we’re including a bit of a personal story/life lesson. Fedex came about when someone saw the need that some packages needed to be delivered absolutely, positively overnight.But they were absolutely, positively not an overnight success. Google built a better search engine – although it took years for anyone to notice. It took Amazon six years to become profitable, and Jeff Bezos was the laughingstock of the industry when he started out (and note: Ebook Sales Surpass Hardcover for First Time in US.: http://on.mash.to/L7fSfN). We personally have been involved in tech since 1994, but when a potentially life-threatening illness (type 2 diabetes) struck someone near and dear, we shifted gears and made restoring his health top priority. It’s hard to change someone’s eating habits overnight, so I changed the ingredients in his favorite foods – which resulted in his being taken off medication in 2 months (the doctor said it would take at least a year) – and bonniefoods (http://bit.ly/M3cXD5) was born. When I wasn’t looking. This past weekend, we were invited to exhibit at The Seed – the vegan festival – and it was our public launch of bonniefoods. It was an eye opener. We were extremely well received – we have unique products that address health and dietary issues – and a number of food allergies – yet which taste like their traditional counterparts. And we know it’s still a long road to success – if/when we get there. Lessons learned: it’s interesting having a retail product, where success comes one dollar at a time. Literally. We walked the room: we talked to other vendors – all of whom happily answered our questions: we are on terra incognita in the food space, but we’re also on a mission: to share what we learned about this disease, and to get our products out there. Kids were my beta tasters (sic). Tough room – but they know cookies and candy! And they’re honest. Everyone wants to be a tech star overnight and make the BI 100 or the list of 25 People You Have to Meet (really?). What struck us at The Seed was that not everyone there was vegan – many had health problems or food allergies or loved ones with health problems. And Type 2 diabetes is a big one – and it’s difficult to find real information that can help. So noted. He’s fine and still off the meds today – nearly 4 years later. Still, our work with bonniefoods is just beginning, but I’m on a mission and that’s what separates the entrepreneurs from the wantrepreneurs: the fire in the belly. Here is an absolute must-read for any entrepreneur: The Start-Up Gap (http://bit.ly/MIgbZl) – what you really have to go through to succeed, and you still may not get there. You can’t just talk the talk – you also have to walk the room. Have your story – and tell your story, from the heart. That’s what people want to know – what drives you. You absolutely, positively will not get there overnight. It’s more like one dollar/one subscriber at a time. But slow and steady often wins the race, and if anyone out there knows any food investors or has contacts in the food industry, you know how to find me. Onward and forward. Deadlines:
New York Venture Summit Call for Top Innovators. If you are a Startup seeking capital and/or partnerships submit your plan for the opportunity to present at The 2012 New York Venture Summit, June 28th, the premier venue connecting emerging growth companies with active Venture capitalists, Angel investors, Corporate VCs and Investment Firms. Presented by youngStartup Ventures, The 2012 New York Venture Summit provides an unparalleled opportunity for startups to meet, network and showcase their innovative investment opportunities to a leading group of investors. To apply to present please e-mail iwant2present@youngstartup.com for an application. If you’re thinking of attending, we have an additional SOS discount for you: Your SOS discount code is sos150 – which is $150 off the current registration rate. Is it worth it? This just in: They’ve added a Fireside Chat with Ram Shriram, Managing Partner of Sherpalo Ventures and Founding Board member of Google (and their first investor) moderated by Steve Davis of Goodwin Procter LLP. Long answer: absolutely. Ram is a seminal SV investor and doesn’t often do speaking engagements on the East Coast, as far as we’ve noticed.
HackLolla: create cool festival apps for music fans, deadline June 25th. Lollapalooza is offering over $6,000 worth of prizes and tons of promotional exposure for the best festival apps created using the Lolla API. Plus 2 Sold Out VIP Passes to Lollapalooza.The Grand Prize winner will be designated The Official Fan App for Lollapalooza 2012! With the Lolla API, developers can access data on artists, events, stages/venues and updates for Lollapalooza 2012. Prizes will be awarded for apps that help fans get the most from their Lollapalooza experience before, during and after the Festival. Winners will be promoted on the official Lollapalooza website and to fans via the Official E-list (~400K), Facebook (~300K), Twitter (100K), and the jumbotron screens at the Festival (80K per day)._ Lollapalooza’s official line-up for 2012 includes more than 100 of the most notable and buzzworthy bands from across the globe, including Red Hot Chili Peppers, The Black Keys, Black Sabbath, Jack White, and many others. The Festival is August 3-5 in Grant Park, Chicago._ To enter, Get a Lollapalooza API key from DoStuff Media by clicking here.
Chase and LivingSocial want to help fuel that drive by awarding up to 12 individual grants of $250,000 to 12 small businesses. Submit your Mission: Small Business℠ application today! Program ends June 30, 2012. For more information and to apply: https://www.missionsmallbusiness.com/ Call to international entrepreneurs: LaunchHouse Accelerator Program Takes Off, deadline July 1st. Over the past three years, LaunchHouse has succeeded in seeding, mentoring, and helping 30 companies to obtain follow-on funding. It plans to enhance those efforts with a new group of software and web-based tech entrepreneurs participating in the progra The LH Accelerator kicks off September 3. The application deadline is July 1. LaunchHouse will invest a total of $25,000 in each of 10 entrepreneurial teams (consisting of two or more co-founders) in software and web-based technology. Based in NE Ohio, but you can enter from anywhere in the world: http://bit.ly/Jy3D5o NEW DreamIt Ventures Fall 2012 Philly program, deadline July 6th, 2012, and heads up, minority-led startups: We will select up to fifteen companies, including five minority-led startups, to participate in the three-month accelerator program. The deadline for applications is July 6th and the program will kickoff on September 7th. More information on the program can be found on our website at www.dreamitventures.com/apply. If you have questions, please contact Noelle McHugh at info@dreamitventures.com
DEMO Fall now accepting applications, scholarship consideration deadline July 6th. Standard deadline: August 17th. We just wrapped up one of the biggest DEMO events in our 22+ year history! Over 70 companies launched new products to a packed room of press, VC’s, angel investors and IT executives. If you didn’t make it to DEMO, check out some of the cool products that launched from the DEMO stage. Now, we’re gearing up for DEMO Fall 2012, Oct. 1-3 in Santa Clara. We are accepting applications for companies to launch or pitch their product. If you have a new product or now of a company right for a DEMO launch, visit, http://www.demo.com/launch. .Or, if you already have a product in the market, or know of a company who does, a Showcase sponsorship opportunity in the DEMO pavilion may be something to consider. For more information, visit, http://www.demo.com/showcase
NEW It’s that time again – Startup Chile, deadline July 10th. For more information and to apply: http://startupchile.org/about/apply/
Women 2.0 PITCH comes to NYC, deadline August 31st. We are now accepting applications for PITCH NYC from early-stage ventures around the world with at least one female founder to apply to the startup competition. PITCH NYC 2012 will provide entrepreneurs with a chance for fame and fortune: finalists present onstage at the conference, and prizes include $25k cash from L’Oreal, $24k worth of free hosting from Rackspace and a finalist interview with TechStars! Stay tuned for more awesome prizes to be announced. Early-stage ventures with under a million in funding and a product in the market (prototype OK) are invited to apply. We are looking to identify, recognize and reward the most disruptive women-led ventures globally – and invite them to pitch onstage for the PITCH NYC conference in November for top prize. Got a startup idea but no team, or got an idea but don’t know how to build it? You have at least THREE MONTHS starting today to emblazen the deadline of August 31 into your head and make it happen. For more information and to apply: http://bit.ly/K56mbS
Battle of the Apps: become the Kick Apps Champion by creating software that helps small businesses. Contest now opened, deadline: December 31st. Infusionsoft is offering$20,000 in cash and prizes for the best apps to help small business customers. Use the Infusionsoft API to create an app, integration, or plug-in that helps Infusionsoft customers grow their business! 1st through 4th place winners will receive ongoing marketing, plus stage time at InfusionCon 2013. 10 runners-up will receive InfusionCon boothspace and 2 tickets to the conference. Register to enter.

Follow us on twitter powered by Movable Ink For you edification this week:
Who’s In Charge? Every entrepreneur who has ever raised money has been on the receiving end of lots of wisdom, advice and guidance from their investors. Most of the time this is a great thing. But what do you do when an investor starts taking charge? You can ask Mark Zuckerberg, who never wanted to take FB public but the investors insisted. Or you can read on: http://bit.ly/M0Es1a How Much Money Can You Make Working in Digital (Chart). Interesting, and remember, these salaries do not necessarily apply in early stage startups – who will often offer an upside to compensate: http://on.mash.to/Mm1Lgf How we Found Customers to Start Developing. Very important to know your audience – and to find them. They’re ultimately the ones who will define your company: http://bit.ly/M0G3UA On following directions. It’s important to know how to color inside of the lines. The ones who don’t stand out – and sometimes in a good way: http://bit.ly/M0J0o2 How Microsoft and Yahoo Are Selling Politicians Access to You. It’s that kind of year and Microsoft and Yahoo are selling political campaigns the ability to target voters online with tailored ads using names, Zip codes and other registration information that users provide when they sign up for free email and other services. The Web giants provide users no notification that their information is being used for political targeting. Microsoft’s privacy policy makes no mention of matching people’s names and Zip codes against voter lists. In space, no one hears you scream. On line, no one tells you you’re been sold: http://bit.ly/Khv7kS
That’s it from us this week and hope to see you on my birthday! And now, as always, help is on the way…

6/12/12

Good morning, All,

First, on the lighter side, the next SOS event is July 9th, and it also happens to be my birthday! We are hosting in conjunction with DoItInPerson, so hope you can join us for an evening of drinks and networking with business owners and entrepreneurs. Thank you, DoItInPerson, for making it happen. To RSVP for the early bird rate: http://bit.ly/LnJuAT Gifts not necessary. Donations always happily accepted (see donation button above).

Last week was a bad one for online security: LinkedIn, eHarmony, last.fm and Amazon all reported password breaches. Forest through the trees: we also learned that linkedin’s smartphone app sucks up all of your calendar information – and sends it back in the clear, without the benefit of encryption, although the company denies that. Yes, the service is opt-in (buried in fine print), and while we all readily surrender a lot of information in our linkedin profiles, how much more do they need and what business does the company really have in our calendar app? Marc Andreesen wrote a piece not too long ago about why software is eating the world (http://on.wsj.com/rqCmOn). It may be time for a follow up about how software is also eating our privacy. In case you missed it this past weekend, Apple and Google use spy planes with military grade cameras that are so powerful they could potentially see into homes right through skylights and windows (Beware the spy in the sky: After those Street View snoopers, Google and Apple use planes that can film you sunbathing in your back garden: http://bit.ly/MnaJO4). You know, the kind of tech intelligence agencies used to identify terrorist targets in Aghanistan. The U.S. technology giants are racing to produce aerial maps so detailed they can show objects just four inches wide. With video cameras on every street corner, we already live in a surveillance society. This takes us another leap forwards toward that and do we really need that much of a street view? We’ve heard it before: information just wants to be free. But at what cost to personal freedom, privacy and security? Onward and forward.

Deadlines:

New York Venture Summit Call for Top Innovators. If you are a Startup seeking capital and/or partnerships submit your plan for the opportunity to present at The 2012 New York Venture Summit, the premier venue connecting emerging growth companies with active Venture capitalists, Angel investors, Corporate VCs and Investment Firms. Presented by youngStartup Ventures, The 2012 New York Venture Summit provides an unparalleled opportunity for startups to meet, network and showcase their innovative investment opportunities to a leading group of investors. To apply to present please e-mail iwant2present@youngstartup.com for an application.

TechStars Seattle, deadline June 16; TechStars Boston, deadline June 20. You know the drill: a 3-month program; $18k + $100k convertible debt note, with 6% equity taken. TS provides seed funding from over 75 top venture capital firms and angel investors who are vested in the success of your startup, as well as intense mentorship from hundreds of the best entrepreneurs in the world. To apply: http://apply.techstars.com/

NEW Seedcamp New York 10 July 2012 – deadline June 17th. Seedcamp New York taking place on 10 July, is a one day event aiming to connect the 20 best web-tech, mobile and software talent with some of the leading entrepreneurs, developers, and experts from all across Europe and all over the world.
If you are not familiar with the Seedcamp events or would like to know more about the process, please check reports from previous events, about & investment terms, and our FAQs pages. We will be bringing together 20 of Europe’s best seed stage tech start-ups with experienced entrepreneurs, investors and developers from across Europe and all over the world to participate in a day of intense mentoring, panel discussions and presentations. To apply: http://apply.seedcamp.com/

NEW HackLolla: create cool festival apps for music fans, deadline June 25th.
Lollapalooza is offering over $6,000 worth of prizes and tons of promotional exposure for the best festival apps created using the Lolla API. Plus 2 Sold Out VIP Passes to Lollapalooza.The Grand Prize winner will be designated The Official Fan App for Lollapalooza 2012! With the Lolla API, developers can access data on artists, events, stages/venues and updates for Lollapalooza 2012. Prizes will be awarded for apps that help fans get the most from their Lollapalooza experience before, during and after the Festival. Winners will be promoted on the official Lollapalooza website and to fans via the Official E-list (~400K), Facebook (~300K), Twitter (100K), and the jumbotron screens at the Festival (80K per day)._
Lollapalooza’s official line-up for 2012 includes more than 100 of the most notable and buzzworthy bands from across the globe, including Red Hot Chili Peppers, The Black Keys, Black Sabbath, Jack White, and many others. The Festival is August 3-5 in Grant Park, Chicago._
To enter, Get a Lollapalooza API key from DoStuff Media by clicking here.

StartupBootcamp, Berlin. Deadline: June 17th. Get seed funding, join a co-working space with other startups in the program and get a dedicated mentorship plan that will excel you from wherever you are in the development cycle to the next. Then at the end of the program, get a chance to pitch to top angel investors and venture capitalists for funding. Fact: Over 50% of our program graduates have gone on to receive funding for their projects. For more information and to apply: http://bit.ly/GCAVPh

NEW Chase and LivingSocial want to help fuel that drive by awarding up to 12 individual grants of $250,000 to 12 small businesses. Submit your Mission: Small Business℠ application today! Program ends June 30, 2012. For more information and to apply: https://www.missionsmallbusiness.com/

Call to international entrepreneurs: LaunchHouse Accelerator Program Takes Off, deadline July 1st. Over the past three years, LaunchHouse has succeeded in seeding, mentoring, and helping 30 companies to obtain follow-on funding. It plans to enhance those efforts with a new group of software and web-based tech entrepreneurs participating in the progra The LH Accelerator kicks off September 3. The application deadline is July 1. LaunchHouse will invest a total of $25,000 in each of 10 entrepreneurial teams (consisting of two or more co-founders) in software and web-based technology. Based in NE Ohio, but you can enter from anywhere in the world: http://bit.ly/Jy3D5o

NEW DEMO Fall now accepting applications, scholarship consideration deadline July 6th. Standard deadline: August 17th. We just wrapped up one of the biggest DEMO events in our 22+ year history! Over 70 companies launched new products to a packed room of press, VC’s, angel investors and IT executives. If you didn’t make it to DEMO, check out some of the cool products that launched from the DEMO stage. Now, we’re gearing up for DEMO Fall 2012, Oct. 1-3 in Santa Clara. We are accepting applications for companies to launch or pitch their product. If you have a new product or now of a company right for a DEMO launch, visit, http://www.demo.com/launch. .Or, if you already have a product in the market, or know of a company who does, a Showcase sponsorship opportunity in the DEMO pavilion may be something to consider. For more information, visit, http://www.demo.com/showcase

Women 2.0 PITCH comes to NYC, deadline August 31st. We are now accepting applications for PITCH NYC from early-stage ventures around the world with at least one female founder to apply to the startup competition. PITCH NYC 2012 will provide entrepreneurs with a chance for fame and fortune: finalists present onstage at the conference, and prizes include $25k cash from L’Oreal, $24k worth of free hosting from Rackspace and a finalist interview with TechStars! Stay tuned for more awesome prizes to be announced. Early-stage ventures with under a million in funding and a product in the market (prototype OK) are invited to apply. We are looking to identify, recognize and reward the most disruptive women-led ventures globally – and invite them to pitch onstage for the PITCH NYC conference in November for top prize. Got a startup idea but no team, or got an idea but don’t know how to build it? You have at least THREE MONTHS starting today to emblazen the deadline of August 31 into your head and make it happen. For more information and to apply: http://bit.ly/K56mbS

NEW Battle of the Apps: become the Kick Apps Champion by creating software that helps small businesses. Contest now opened, deadline: December 31st. Infusionsoft is offering$20,000 in cash and prizes for the best apps to help small business customers. Use the Infusionsoft API to create an app, integration, or plug-in that helps Infusionsoft customers grow their business! 1st through 4th place winners will receive ongoing marketing, plus stage time at InfusionCon 2013. 10 runners-up will receive InfusionCon boothspace and 2 tickets to the conference. Register to enter.

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For you edification this week:

For more on the Amazon hack: Amazon becomes the third victim of hackers this week: http://bit.ly/KkgEWL
For more on the eHarmony breach: Dating site eHarmony Confirms Password Breach: http://bit.ly/K0hJBt
For more on the last.fm breach: Last.fm is the latest site to suffer a password breach: http://bit.ly/JRmtoh
Ah, and there’s linkedin: LinkedIn iOS App Grabs Names, Emails And Notes From Your Calendar. While access to the calendar is on an opt-in/opt-out basis, the app doesn’t inform the user that all this data will be harvested and sent to LinkedIn. What’s more, this information is sent to LinkedIn in plain-text form. This could allow the information to be intercepted when transmitted over an unsecured or a public WiFi connections such as those found at coffee shops. This is shockingly poor security.: http://onforb.es/KOt5Il

Last word: These are technology companies, actively collecting data on its users/members. All are profitable and it’s time they realized that with running a business comes responsibility. With running on online business comes the need for security, and we don’t mean the junior systems admin who’s been charged with the job. Once you’ve grown to a certain size, time to take it seriously and bring in the pros. It’s worth the price of not alienating your members, keeping their data safe – and We share this whitepaper we received from a security firm – Clear Skies – that we ourselves have worked with – and will certainly work with again. It’s a good explanation of how/why these breaches happen:
When the Cloud Breaks – How the breach at LinkedIn may impact your enterprise http://www.clearskies.net/documents/LinkedIn_Breach.pdf

In case you missed the Apple developers conference yesterday: All Of Today’s Apple News In Less Than Two Minutes (video) http://read.bi/KOqfoH
Everything that Apple Announced today at WWDC http://tnw.co/N73s8p

TMZ, MZ – now GMZ? Gizmodo is paying people $20 a piece for submitting photos of Mark Zuckerberg. Yes, they’re making a point and here’s what they have to say about the Summer of Mark project: Two years ago, Mark Zuckerberg told startup publicist Mike Arrington that “people have really gotten comfortable not only sharing more information and different kinds, but more openly and with more people. That social norm is just something that has evolved over time.”
Facebook has evolved over time too. No longer privately held, it is itself a public company, with a public CEO. We think it’s time he evolves along with his company. In short, it’s time for Mark to go public too. Contest runs through Labor Day: http://tnw.co/L9gb7w

Sorry, Young Man, You’re Not the Most Important Demographic in Tech. Despite companies’ hamfisted, male-focused marketing efforts, women are the dominant users of a wide variety of new technologies. http://bit.ly/Lbr8E8

Brainstorming for New Startup Ideas: A Framework to Spur Creative Thinking. If you are a serial entrepreneur starting to look for an idea for your next startup, you are likely to want a way to stimulate your brain to come up with as many good ideas as possible. This blog post outlines a framework that is designed to fire up your best creative thinking modes, triggering the creation of new ideas. http://bit.ly/i4Pma7

Better Revenue Through UX. Or, how to remove banner ads and keep the revenue, the Hotwire way: http://bit.ly/JL4eCf

The public workers you support Look at pay rates. In 2009, according to USA Today, compensation for the average federal civilian worker totaled $123,049 including benefits valued at $41,791. That’s more than twice what the average private-sector employee earned — only $61,051, including benefits. Even state and local government workers fared better than private-sector employees, averaging nearly $70,000 in 2009, including benefits. How long before the average federal worker’s benefits alone surpass the average private worker’s combined wages and perks? Something is clearly wrong with this picture — particularly when you remember who is paying their salaries. http://nyp.st/d9CUpM

How the Tech Industry’s Anti-SOPA Tactic Changed Politics. The tactics used in the massive online protests that helped convince Congress to axe the controversial SOPA and PIPA bills earlier this year brought new weight to Internet-based activism. Observers say the changes are already reshaping the political process in significant ways.http://rww.to/LenkAB But wait! There’s more:U.N. could tax U.S.-based Web sites, leaked docs show. The European proposal, offered for debate at a December meeting of a U.N. agency called the International Telecommunication Union, would amend an existing telecommunications treaty by imposing heavy costs on popular Web sites and their network providers for the privilege of serving non-U.S. users, according to newly leaked documents. http://cnet.co/Nmu0kI

And, from SOS member Emily Lutzker: Want More Women in Tech Startups? Put Tampons in the Bathroom. Whether it’s NY or the Bay area, we hear stories of ping pong tables, swimming pools, kegs, foosball tables, game setups and pinball machines in common areas. Not one tech startup space I have been in has a full length mirror in the bathroom. No hand lotion, no hair spray, and certainly no tampons. Not even a fem-product vending machine: http://bit.ly/Ltn6pu

From the ‘gotta share this one’ department: Teacher Tells High Schoolers “You Are Not Special” In Commencement Speech. If you haven’t seen this – it’s totally worth it. http://bit.ly/LE1GbJ

That’s it from us this week and hope to see you this weekend at The Seed: A Vegan Experience – June 16th and 17th, (for tickets: http://bit.ly/JJzLnZ) and yes, bonniefoods will be there and hope to see you there as well! And now, as always, help is on the way…

6/5/12

Good morning, All,

First, yes we are planning another SOS event – July 9th, to be exact, and it’s special because it also happens to be my birthday! So hope you can join us for a night of drinks and networking with business owners and entrepreneurs. Details are here and thank you, DoItInPerson, for making it happen. To RSVP for the early bird rate: http://bit.ly/LnJuAT Gifts not necessary. Donations always happily accepted.

Every now and again, that question rears its head in some industry publication or other: are we in a bubble? We’re not going to comment yea or nay on the techonomy, but there is a definite bubble out there, and not to cast aspersions at millenials at large – there are many Gen Ms with their feet planted firmly on the ground – and maybe it’s because we reside in a tech hub – NYC – that we encounter so many of what we call the bubble boys. Not sure that there are hard and fast rules on how to spot them, but you’ll know them when you see them:
1. They may or may not have a stable place to live. Reasoning: the industry and the world at large, should support an entrepreneur because, well, they’re entrepreneurs and that’s the rule. End of discussion.
2. They don’t need jobs – many have never had or at least held one for very long, because they’re Entrepreneurs; Entrepreneurs have to keep their eyes on their visions and not be distracted with such mundane considerations as how to support themselves, or how a business runs. Eye on the prize and as soon as they get to their MVP stage, they will be millionaires in quick shrift.
3. It may seem oxymoronic that they don’t care about money but intend to be millionaires, if not billionaires. It’s not: their eyes are on the forest, not the trees.
4. They don’t need a resume, an investor deck – that’s sooo ’90s, and they are, after all, the ones who move the industry forward.*
5. *Yes, we know this needs further explanation: from their point of view, their crew are the early adopters and once you have them – and of course they will – game over. Think FB v MySpace. Monetization model? More investors. The industry will support them. It’s the Too Big to Fail paradigm.
6. They believe that having a dot com qualifies them as being a CEO of a company. Seriously.
7. They don’t listen. They seem to be listening, but they’re not: what they’re doing is devising arguments against anything you’re saying. They are of singular mind, and nothing penetrates the bubble.
8. The rules of economics have been revised to suit them, and they will reinvent history – tech history – to fit their arguments. Never mind that it’s a glaring separate reality that bears no resemblance to the world as we know it. And if you try to argue with them and try to teach them something about actual history, well, won’t work. See #6.
9. They Zuck themselves, meaning, they subscribe chapter and verse to the Mark Zuckerberg playbook: Start a dot com, go viral, drop out of school, become a billionaire. No experience or adult supervision necessary.
10. They are connectors. They are supremely confident and will go out and meet everyone – and anyone who is anyone. And they’re always happy to make an introduction. We admire their confidence and there’s a lesson for you: their confidence opens doors – many of them – and moves them forever forward. And they’re happy to help you, too. Yes, there’s always an upside
We all know them. We’ve all encountered them, or if you go to enough networking events, you will. They’re actually throwbacks to the days of web 1.0, where the rule was: the industry should support a startup, whether they had a roadmap to profitability/what they were doing made any sense at all or not. Then, as now, there were many an investor listening to them, somehow believing that the web 1.0 bubble boys knew something about tech and the New Economy that the rest of us just weren’t/aren’t seeing. Which is what led to the first tech bubble. These bubble boys weren’t in the industry then so whatever happened then does not apply to them (See #6, and the ancillary Any History that Predates them Doesn’t Count). Which doesn’t change the fact that what man cannot remember he is doomed to repeat, so let’s be careful out there. One final note: they do come on like a house on fire, and that can be seductive. But remember: a slow burn trumps a flame out. Always. Onward and forward.

Deadlines:

Blueprint Health: Transform health & wellnesswith your startup, deadline June 8th. Blueprint Health is a startup accelerator based in New York City that helps entrepreneurs improve the health and wellness industry. We offer an intensive three-month program and provide $20,000 of seed capital, extensive mentorship and a shared work environment to help entrepreneurs go from idea to prototype and provide access to angel and venture capital investors. For more information and to apply: http://www.blueprinthealth.org/

Who are the top New York City tech influencers? VentureBeat wants to know. Get your nominations in now! Deadline to submit nominations: June 7th, 5 pm. For more information/ to submit your nomination: http://bit.ly/LC9B8V

New York Venture Summit Call for Top Innovators. If you are a Startup seeking capital and/or partnerships submit your plan for the opportunity to present at The 2012 New York Venture Summit, the premier venue connecting emerging growth companies with active Venture capitalists, Angel investors, Corporate VCs and Investment Firms. Presented by youngStartup Ventures, The 2012 New York Venture Summit provides an unparalleled opportunity for startups to meet, network and showcase their innovative investment opportunities to a leading group of investors. To apply to present please e-mail iwant2present@youngstartup.com for an application.

TechStars Seattle, deadline June 16; TechStars Boston, deadline June 20. You know the drill: a 3-month program; $18k + $100k convertible debt note, with 6% equity taken. TS provides seed funding from over 75 top venture capital firms and angel investors who are vested in the success of your startup, as well as intense mentorship from hundreds of the best entrepreneurs in the world. To apply: http://apply.techstars.com/

NEW StartupBootcamp, Berlin. Deadline: June 17th. Get seed funding, join a co-working space with other startups in the program and get a dedicated mentorship plan that will excel you from wherever you are in the development cycle to the next. Then at the end of the program, get a chance to pitch to top angel investors and venture capitalists for funding. Fact: Over 50% of our program graduates have gone on to receive funding for their projects. For more information and to apply: http://bit.ly/GCAVPh

NEW Call to international entrepreneurs: LaunchHouse Accelerator Program Takes Off, deadline July 1st. Over the past three years, LaunchHouse has succeeded in seeding, mentoring, and helping 30 companies to obtain follow-on funding. It plans to enhance those efforts with a new group of software and web-based tech entrepreneurs participating in the progra The LH Accelerator kicks off September 3. The application deadline is July 1. LaunchHouse will invest a total of $25,000 in each of 10 entrepreneurial teams (consisting of two or more co-founders) in software and web-based technology. Based in NE Ohio, but you can enter from anywhere in the world: http://bit.ly/Jy3D5o

Women 2.0 PITCH comes to NYC, deadline August 31st. We are now accepting applications for PITCH NYC from early-stage ventures around the world with at least one female founder to apply to the startup competition. PITCH NYC 2012 will provide entrepreneurs with a chance for fame and fortune: finalists present onstage at the conference, and prizes include $25k cash from L’Oreal, $24k worth of free hosting from Rackspace and a finalist interview with TechStars! Stay tuned for more awesome prizes to be announced. Early-stage ventures with under a million in funding and a product in the market (prototype OK) are invited to apply. We are looking to identify, recognize and reward the most disruptive women-led ventures globally – and invite them to pitch onstage for the PITCH NYC conference in November for top prize. Got a startup idea but no team, or got an idea but don’t know how to build it? You have at least THREE MONTHS starting today to emblazen the deadline of August 31 into your head and make it happen. For more information and to apply: http://bit.ly/K56mbS

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For you edification this week:

Have your say on Facebook privacy policy. You only have until this Friday! You get a vote on whether to accept Facebook’s revised policies, thanks to the efforts of a European activist. So you’ve got until Friday to register your vote. To vote, you click here. There’s a bit of a catch, though. As stated above, the vote is binding only if more than 30% of all active registered users vote. If there’s less than that, the vote will only be “advisory.” So, if my math is correct, that means about 270,000,000 users need to vote for it to stick. This is the second time users have gotten to vote on Facebook policy. Of course, this could be the last time, if you read between the lines. Make it count. And spread the word: http://lat.ms/KH3n8t

Why You Want Your Competition To Succeed. According to Mark Peter Davis, you should try to beat your competition at the same time that you cheer them on. (Who said life isn’t complicated?) Here’s why: http://bit.ly/McT5LT

From Headhunter to Startup Founder: One Woman’s Journey. In order to change the ratio, you have to start by changing the attitude. Yours, people with double X chromosomes. You go, Perri! :http://tnw.co/LWcApy

The 5 most common mistakes startups make with VCs. You’re always at a disadvantage when dealing with the venture capital community, since their experience almost certainly outweighs yours. But there are ways to can go into the negotiations prepared. Here are five quick things that startup owners often get wrong: http://bit.ly/KKQFWq

Shockingly honest thoughts from a filthy rich bastard. Whatever qualities the rich may have, they can be acquired by anyone with the tenacity to become rich. The key is confidence. Confidence and an unshakable belief it can be done and that you are the one to do it. Does being a bit of a somma bitch help? You betchum! http://bit.ly/LaEQtp

Ok, Mary Meeker is back with her Internet Trends, as delivered at the AllThingsD Conference: http://scr.bi/KxfdlL

San Francisco vs Silicon Valley as a tech destination. Tech certainly revitalized the valley. It may do the same for the city as well, but not everyone’s happy about it: http://bit.ly/M1jbmG

The Monty Python Guide to Running a Business Because a little humor never hurts: 10 Monty Python quotes every business owner should know… and use!
http://bit.ly/KY0pew

Cops Nab Brooklyn Burglars After Friending Them on Facebook. Or, Why friending is a verb and a friend is something totally different. Officer Michael Rodrigues, who works the Crown Heights beat, needed evidence on a gang that was burglarizing homes with seeming impunity. So he simply friended them on Facebook, and watched as they confessed to crimes on their walls: http://on.mash.to/Le782K

That’s it from us this week and hope to see you next weekend at The Seed: A Vegan Experience – June 16th and 17th, (for tickets: http://bit.ly/JJzLnZ) and yes, bonniefoods will be there! But that’s then and now, as always, help is on the way…

5/29/12

Good morning, All,

What exactly happened on Black Eye Friday? At the end of the day – literally – and contrary to popular misconception, the FB IPO was not a flop. FB did well, with $16+ billion now in their coffers, without having had to surrender much of the company at all. With all of the controversy surrounding the NASDAQ glitch, et al, there certainly was a lot of CYA and passing of the buck (not literally: they kept the big bucks for themselves) going on (Zuck was poorly served by his ‘adults’ http://bit.ly/LsNGkE) and what concerns us, above all, is the shameful lack of ethics that were evidenced. On all levels. Yes, only large investors were informed about the company’s poor performance in its last quarter. But is an ethics problem pandemic? We attended TechCrunch Disrupt last week – and ran into an SOS member who was an early (small) FB investor when trading opened. And who gave us information about exactly how the little guys got screwed, beyond what had been reported in the press. We turned the information over to the WSJ, who have far more resources at their disposal than do we. We also informed a friend of ours, who writes for an online publication (and who has no formal training in journalism) of the shenanigans. This person took us to task for having called the Journal, contending that it could hurt the tech industry/IPO market and that we had a responsibility to protect the industry. Really? What about the small investor? More importantly, what about ethics and moral responsibility?

The blowback from the FB IPO? A definite loss of public confidence in the market. (And, yes, we did notice that Zuck, who is the largest shareholder and CEO, didn’t waste any time in grabbing his vig:Is Mark Zuckerberg Up to the Job? http://bit.ly/JROgUU) So what happened? We defer to SkyNet Wars: Presenting The Rogue Algo Responsible For FaceBook’s Downfall. The writer contends that the question is how come in a market as controlled and manipulated as the central bank-dominated venue we have now, was FB stock allowed to plunge? For what may be the actual definitive answer, as opposed to now trite philosophical ruminations on valuation, ethics, underwriter and shareholder greed, we once again go to Nanex, which has caught the perpetrator red handed once again: http://bit.ly/KaCMAo. And note to self and caveat to you all: If you have no ethics, you have nothing. Sidebar: Penalty for stealing: you can never trust anyone. Penalty for lying: you can never believe anyone. As to the company that helped to bring about Arab Spring? If it does come to pass, we certainly have them to blame if this all helps to contribute to an IPO winter. Onward and forward.

Deadlines:

New York Venture Summit Call for Top Innovators. If you are a Startup seeking capital and/or partnerships submit your plan for the opportunity to present at The 2012 New York Venture Summit, the premier venue connecting emerging growth companies with active Venture capitalists, Angel investors, Corporate VCs and Investment Firms. Presented by youngStartup Ventures, The 2012 New York Venture Summit provides an unparalleled opportunity for startups to meet, network and showcase their innovative investment opportunities to a leading group of investors. To Apply to Present.please e-mail iwant2present@youngstartup.com for an application.

NEW Fordham Business Challenge, deadline May 31st. Heads up, students: the challenge consists of four competitions connected to four Master of Science programs. Your challenge: Choose your program and solve the case. Winners in all four challenges receive a full tuition scholarship. One of the program winners will be awarded with an elite internship as well. For more information and to apply: http://www.fordhambusinesschallenge.com/

NEW Gdgt Startup Contest, deadline June 1: We’re giving away one Silver Sponsorship for gdgt live worth $3,500 to a local startup. Just send an email to events@gdgt.com and tell us why your startup should win. The winner will be notified on Monday, June 4th. Entering is as easy as sending an email to events@gdgt.com and telling us in a couple paragraphs why we should choose you.

NEW TechStars Seattle, deadline June 16; TechStars Boston, deadline June 20. You know the drill: a 3-month program; $18k + $100k convertible debt note, with 6% equity taken. TS provides seed funding from over 75 top venture capital firms and angel investors who are vested in the success of your startup, as well as intense mentorship from hundreds of the best entrepreneurs in the world. To apply: http://apply.techstars.com/

New York Digital Health Accelerator, deadline June 1st. The program will provide up to $300,000 of funding per company from a syndicate of leading venture capital and strategic investors. In addition, winners will have the opportunity to meet other leading digital and tech entrepreneurs in the New York community. For more information and to apply: http://digitalhealthaccelerator.com/

NEW Who are the top New York City tech influencers? VentureBeat wants to know. Get your nominations in now! Deadline to submit nominations: June 7th, 5 pm. For more information/ to submit your nomination: http://bit.ly/LC9B8V

Blueprint Health: Transform health & wellnesswith your startup, deadline June 8th. Blueprint Health is a startup accelerator based in New York City that helps entrepreneurs improve the health and wellness industry. We offer an intensive three-month program and provide $20,000 of seed capital, extensive mentorship and a shared work environment to help entrepreneurs go from idea to prototype and provide access to angel and venture capital investors. For more information and to apply: http://www.blueprinthealth.org/

NEW Women 2.0 PITCH comes to NYC, deadline August 31st. We are now accepting applications for PITCH NYC from early-stage ventures around the world with at least one female founder to apply to the startup competition. PITCH NYC 2012 will provide entrepreneurs with a chance for fame and fortune: finalists present onstage at the conference, and prizes include $25k cash from L’Oreal, $24k worth of free hosting from Rackspace and a finalist interview with TechStars! Stay tuned for more awesome prizes to be announced. Early-stage ventures with under a million in funding and a product in the market (prototype OK) are invited to apply. We are looking to identify, recognize and reward the most disruptive women-led ventures globally – and invite them to pitch onstage for the PITCH NYC conference in November for top prize. Got a startup idea but no team, or got an idea but don’t know how to build it? You have at least THREE MONTHS starting today to emblazen the deadline of August 31 into your head and make it happen. For more information and to apply: http://bit.ly/K56mbS

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For you edification this week:

All of this said about the FB stock, we give you these: Wozniak, Circa 2004: Google’s Value Is “Not Likely to Appreciate”: http://rww.to/MZ2K9r And then there’s the famous Bessemer anti-portfolio:t he list of is companies in which they (spectacularly) failed to invest, including HP, Apple, Google and Paypal: http://www.bvp.com/portfolio/antiportfolio

Internet Guru Robert Scoble Says Twitter Feels A Lot Like A Ghost Town While a lot of the tech press has said Google+ is a “ghost town,” Scoble says Twitter has started to feel more like a ghost town. Since July of last year, he’s gone from 0 to 1.5 million followers on Google Plus, and 13,000 to 261,000 followers on Facebook. But he’s only gone from 240,000 followers to 260,000 followers on Twitter. http://read.bi/JIkubZ

Start-Ups Crowd ‘Accelerators’ Interesting piece on accelerators but note: many have sprung up in the last two years, and don’t have the longevity/track record of a Y Combinator or TechStars – yet: http://on.wsj.com/Jhp1vN

3 reasons VCs can get IPOs very wrong. There are times when VC investments don’t quite work out. Why not? http://bit.ly/Leq03k

A framework to think about pricing seed, angel and venture capital rounds. How do you price a round? It seems to Charlie O’Donnell that the most important factor in pricing your round isn’t your progress or your idea. It seems to come down to two things: 1) How much do you want to raise? 2) Supply and demand of capital willing to invest in your company. http://bit.ly/J3rcUL

Three Ways Women Undermine Themselves At Work. There may be reasons why those around you aren’t taking you as seriously as you want them to: http://onforb.es/JO7ZLE

In case you’ve been under a rock – or away for the weekend – and somehow missed Isaac’s Live Lip-Dub Proposal, well, all we can say is that the bar has been raised, and it’s absolutely charming and worth a view: http://vimeo.com/42828824. And now, as always, help is on the way…