Posted at 0:10h, 19 Nov 2013 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, Snapchat just turned down a $3B offer from Facebook. The company, headed by a 23-year-old (sound familiar) has no revenue, but it does have a very loyal and growing – and extremely sticky – user base (sound familiar?). When FB turned down the big buyout from Yahoo in 2006, it was considered insanity, if not tech suicide. What was young Zuckerberg thinking? Facebook had no particularly propriety technology or patents in its arsenal (sound familiar?). When Twitter turned down the big buyout offer, again, insanity. When Andrew Mason headed up Groupon and turne...
Read More
Posted at 0:10h, 12 Nov 2013 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, Unless you’ve opted out and there’s still time, your name and face can be used in Google ads, starting today. Not everyone who uses Google products is a sophisticated web user, and how long before there’s a hue and cry – not to mention a lawsuit? (We’re personally looking forward to the SNL parody, which should be a wake up call to those who don’t read the fine print or follow the tech press.) But whatever happened to the days when the customer was always right? Has the faceless world of online changed that? Careful there. We are personally not fan of wall...
Read More
Posted at 0:08h, 05 Nov 2013 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, Ok, we’re mixing metaphors today, thanks to a tweet by @davemcclure: driving entrepreneur education, building community, making bets *b4* traction are more reliable+sustainable foundations 2 finding unicorns. We know the usual VC drill: Invest in successful serial entrepreneurs (which, for the record, not only doesn’t always work out, but in such cases, they tend to invest more money than necessary and well, we know what that end result it. And yet, lemming-like, many a VC holds hard and fast to that rule); invest in the team, which usually means the co-founding team, like Tumblr’s David Karp and, wait, no co-founder there; and putting money on Ivy-educated entrepreneurs is always a better bet, like Steve Jobs (oops, no, he dropped out of ...
Read More
Posted at 0:08h, 29 Oct 2013 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, When LinkedIn launched their social network nearly ten years ago, they were the underdog. Facebook was miles ahead of them, but LI had a niche: they meant business, and that was their focus. And LinkedIn means business. With their diverse revenue streams, their revenues jumped 59% last quarter, and the company is still going strong, and growing. We'd like to know why so many companies in tech that start out as the u...
Read More
Posted at 1:36h, 22 Oct 2013 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, We exhibited (bonniefoods) at the Javits this past week, and a huge thank you to the SOS members who volunteered. We literally could not have done it without you. Starting any business isn’t easy, as we well know, and starting a food business is bloody difficult, especially when you have little background and/or experience in the sector, and you’re appealing to a so-called specialty market. In our case, we developed all-natural confections for our Type 2 diabetic other half. They also happen to be gluten free, but unlike other gluten free products on the market, which substitute wheat flour with a rice flour/potato starch combination, we use oats. Rice flour and potato starch are too heavy in carbs for a Type 2. And we had a sneaking suspicion that it would only be a matter of time before Type 2 diabetes hit the gluten free/celiac community. So we changed our marketing this time out and instead of focusing on diabetes, we focused on being the ‘Healthier Gluten ...
Read More