8/28/12
Posted at 1:09h, 28 Aug 2012 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, We’ve always wondered what the tipping point is, when a startup goes from ‘startup’ to ‘company.’ We often wonder the same thing about Founder/CEO. Corporate paperwork aside, does founding a company make one a CEO? Having a great idea is one thing; knowing how to implement is quite another matter. Early stage companies may not have the juice or means to bring on a CEO who is a subject matter expert/can appeal to investors, so the founders often fill the role. Does that mean that the founder should keep the job, once the company is ready to moved to the next level? Not necessarily. A founder is a person who will sacrifice everything to build something out of nothing. A CEO is someone who takes care of the business end of the business and not uncommonly, someone the investors may bring in at some point to help take it to the next level. Not all founders like the idea of giving up the reigns – it’s their baby. Newsflash: always a good idea to play to your strength...
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8/20/12
Posted at 1:08h, 20 Aug 2012 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, Our next SOS gathering is tonight, August 20th, so don't forget to register and looking forward to seeing you there. To RSVP: http://sosaugust2012-zvents.eventbrite.com/ discount code: sos. It was another bad week for three Web 2.0 darlings: Facebook is at ½ its IPO value; Zynga is down 69% and Groupon is off by 82%. We're not saying it's a bubble: it was more a wakeup call. And it seems to have roused the sleeping giants, so in case you missed it: A massive partnership was just announced between some of the largest retailers and merchants in the US, including 7-Eleven, Best Buy, Sears, Walmart and Target, to name a few. The plan: to create a mobile wallet that would be honored at its members' retail locations (Tired of Being Cut Out of Mobile Payments, Major Retailers Strike Back: http://rww.to/SEg5oq). This comes ...
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8/14/12
Posted at 1:07h, 14 Aug 2012 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, Don't forget that our next SOS gathering is Monday, August 20th and just under a week away, so don't forget to register and looking forward to seeing you there. To RSVP: http://sosaugust2012-zvents.eventbrite.com/ It’s August. Big vacation month – especially for investors. Since rust - and an entrepreneur - never sleeps, good time to work on your game face – and your pitch. Let’s face it: there’s nothing new under the sun. Facebook? Back in the day, there was sixdegrees.com. Amazon is an online store, albeit a successful one and expanding globally. We go to pitch events all the time. Nine times out of ten, we’ve heard it before. So, how do you get an investor’s attention? Here are some basic helpful hints/rules of thumb: 1. If you want investors’ attention, have a story that gets their attention. 2. If you plan on disrupting an industry, you’d damned well better h...
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8/7/12
Posted at 1:05h, 07 Aug 2012 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, The next SOS gathering is coming up on August 20th and if your're in town, we'd love to see you. Details and RSVP are here: http://sosaugust2012-zvents.eventbrite.com/ and you know, you don't have to register at the last minute. How well we know you all! It wasn’t a good week for FB, but then, the company hasn’t had a good week since it went public. Turns out the 6th largest country in the world, by population, admitted that millions of accounts are fake (http://bit.ly/N1xqsQ); the company lost more than three-quarters of a billion dollars of market cap EACH DAY since it went public (Who To Blame For Failed IPOs: http://tcrn.ch/QC4SJQ); Randy Zuckerberg went to work for Google; and her brother is no longer a Top 10 Tech Billionaire (http://on.mash.to/NeAwGz). He’...
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