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An Archive of the SOS Email Lists.

8/7/12

8/7/12

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’s fine, but with the stock plummeting, he is at risk of losing valuable employees (Facebook loses 2 more executives, after stock price hits low: http://bit.ly/Mecr6G). Zuckerberg never wanted FB to go public – ever – and with the company under constant scrutiny for some privacy issue or another (Facebook’s facial recognition gets probe from Norwegian officials: http://bit.ly/MecBuI), it’s no wonder. One of the valuable lessons we can learn from FB, from way the company/investors handled the IPO to its policies, to its seemingly ever changing look, is that actions have consequences, even when the service is free. Yes, new users subscribe daily, but FB is not monetizing the base in any meaningful way. We personally think twice when the ‘I’ll allow it’ button pops up and given the choice between FB and allowing it through another service, we opt for the alternative: after all, Zuckerberg and ethics are rarely ever used in the same sentence – in a good way. The trust is long gone. He was always a press darling and still gets a great deal of ink – again, these days, not in a good way. We menton this because it’s August, and investors have mostly checked out for the time being. A good time to work on your business and, if necessary, to retool your business plan, and to think long and hard about what you’re creating, how you’re monetizing and if you’re not, what or whom you’re selling. We work in technology and we’ve all come to learn that there’s no such thing as the free internet: someone always pays. Let’s take some responsibility for what we’re doing because what we’re building is the future – and we all have to live there. Onward and forward. Deadlines: Read More...

7/31/12

7/31/12

Good morning, All,
First, our next SOS gathering is coming up on August 20th. Yes, it’s still three weeks away, but early bird rate is available now, and we always look forward to seeing you: http://sosaugust2012-zvents.eventbrite.com/

There’s a movement afoot that if you’re a NY-based company, you should put a ‘Made in New York’ imprimatur on your website. We do have our own CTO of the city; plans are in the work for a new $2 billion tech campus. And there is a lot of the technology coming from New York-based startups – many of whom incorporate their companies in Delaware. Or Nevada. We realize that incorportion is a state matter, but while our mayor doesn’t hesitate to opine on national matters, the city might be better served if he focused his energies on coordinating with the Governor to make New York incorporation more attractive to companies.  Both the mayor and the governor seem to be interested in bringing business to New York. Kudos to Startup Chile, a program of the Chilean Government to attract world-class early stage entrepreneurs from any where in the world to start their businesses in Chile (http://startupchile.org/). We’ve already cited Five Reasons Britain May Be The Best Place To Start A Company In 2012, and yes, government initiatives are part of it: http://onforb.es/LEgmui (This newsletter is global: if you know of programs anywhere in the world, please do share and we’re happy to spread the word.) Yet in New York City, where we have a mayor who is a businessman, many businesses have left the city since he took office, although Bloomberg LLP has certainly fared well under his reign (Citizen Bloomberg – How Our New York Mayor has Given Us the Business: http://bit.ly/NDYUmY). Aside from the aforementioned tax payer-funded initiatives, he has done little to foster entrepreneurial growth in New York. Tax incentives might be a good start. Affordable housing for entrepreneurs who bring their businesses – and potentially, jobs – to the city is another. We belong to many New York-based listservs and it’s not infrequent that the question comes up: where to incorporate. New York is neither at the top of the list nor ringingly endorsed. Yet we see ‘Made in New York’ banners popping up more and more. We’re all entrepreneurs: we know the importance of seizing any opportunity that may present itself and all of you NY-based Delaware corporations out there – don’t pass this one up. It may well be time to send a message, and to tell the whole story. After all, many of us live in New York, New York – named twice, in case you didn’t hear us the first time. Onward and forward.

Deadlines:
The list of Startup Weekend Upcoming Events
Oxygen Accelerator, Birmingham, England, deadline July 31st. A 13-week intensive mentor led bootcamp, followed by 13-weeks of incubation that culminates with a series of investor days where we will help you pitch to a large, carefully selected group of Angel investors, VCs and Private Equity groups for next stage funding. Up to €40,000 per team in exchange for 8%-10% equity, and much more, including relocation allowance:  http://www.oxygenaccelerator.com/ The Guardian Small Business Awards, 1st deadline (Winning New Business) August 3rd. All entries that meet the criteria will appear on the Small Business Network’s best practice exchange and the winning entries will be written up as a feature in the Guardian. For more information and to enter: http://bit.ly/QaTcw4
NEW  Design for Education with Udemy, deadline August 5th. For its next social media project, Udemy is inviting YOU to submit your most DARING artwork on the themes of “Education” and “Lifelong Learning”. Grand prize: $1000, a framed copy of the design, 100 T-shirts featuring their design, feature in all of Udemy’s social media channels, $100 worth of Udemy courses, and more. For more information and to enter: http://bit.ly/Oy3CDY
NEW  Launchpad LA, deadline August 6th. This startup accelerator and mentorship program combines the best VCs in Southern California, many experienced CEOs and a very select group of service providers who are committed to working with early-stage companies. It’s a 4-month Santa Monica-based program, giving $50k to companies in exchange for 6% equity. http://launchpad.la/apply NEW  Thrillist/Samsung Speed Dating for Startups, deadline August 6th. Think you’ve got the perfect start-up idea on your hands? All entrepreneur’d up with nowhere to…entrepreneur? Then upload a 30-second video describing your brilliant start-up idea. Grand prize: the ultimate business launch package that’ll get your start-up all started up, including the chance to be showcased on Thrillist. For more information and to apply: http://bit.ly/NZkx2F NEW  VictorySpark, Milwaukee, WI, deadline August 22nd. This is an exclusive program designed for innovative, high-growth, Veteran-initiated startups. $20K given for 6% equity: http://www.victoryspark.com/
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 more information and to apply: http://bit.ly/K56mbS
NEW  WIBO 1st Annual Executive Summary Competition, deadline September 7th. A well developed Executive Summary can open the door and a great Pitch can help you seal the deal.  The purpose of this competition is to guide you through the process of getting your thoughts about your business out of your head and on to paper! http://bit.ly/OC9Oe0 THE NEW ENGLAND VENTURE SUMMIT Call for Top Innovators, early deadline September 12th. If you are a Startup seeking capital and/or partnerships, submit your plan for the opportunity to present at The 7th Annual New England Venture Summit, the premier venue connecting emerging growth companies with active Venture Capitalists, Angel Investors, Corporate VCs and Investment Firms. A select group of 50 Top Innovators from the technology, life sciences and Clean-tech sectors will be chosen to present their breakthrough investment opportunities to an exclusive audience of Venture Capitalists, Private Investors, Investment Bankers, Corporate Investors, and Strategic Partners. To apply to present: e-mail iwant2present@youngstartup.com for an application.To nominate a company:please forward: company name, main contact at firm, contact details and why you think they should present to nominations@youngstartup.com. Early bird registration is now available. For more information: http://bit.ly/LjlttK
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.
powered by Movable Ink For you edification this week:
12 Business Incubators Changing the World. Yes, article in Forbes – research from SOS members Chubby Brain: http://onforb.es/OaaGXQ Divorcing Your Cofounder: Sooner or later you are going to face the truth; the team you start with is not the team you end up with for the long haul.  Most founders tend to accept this fact when it comes to employees, but what if it happens to be the very person(s) you launched your startup with? http://bit.ly/MKiu0f Tech Reporter Contact List. From Brad Feld, and it includes the top tech blogs, tech blog reporter, top 100 newspapers (and reporters at those papers), and more: http://bit.ly/OBZuTw Growth Capitalism: How Accelerators Are Transforming the Start-Up Environment in Latin America. And if any of you have questions about the value of accelerators, read on: http://bit.ly/O0EFAI The perils of aiming too big too early. Niche to win, baby: http://bit.ly/N7K5ag
Pitch the future, build for now. You know how it works – one step at a time: http://bit.ly/NJNC2L Building All Star Teams. Putting together an A+ great team is worth 100x more than any “rockstar” individual, or as Kayak founder Paul English put it, The difference between an A team and an A+ team is the difference between a million in revenue and a billion in revenue: http://bit.ly/M2S0bR You for Sale: Mapping, and Sharing, the Consumer Genome. It knows who you are. It knows where you live. It knows what you do. It peers deeper into American life than does the F.B.I. or the I.R.S., or those prying digital eyes at Facebook and Google. And it’s a database marketing company: http://nyti.ms/L0DQ60
Elevator Pitch/Member News Hint, hint: Feel free to tell us what you’re working on, or if you’ve been featured in the press…Share, and we will, too!
Free work space for SOS members worldwide, from our friends at loosecubes: Loosecubes is a private workspace sharing community where you can find and book a free place to work for the day in over 40 countries around the world. This week we transitioned to an invite-only model, whereby all ‘cubes (1,000+ worldwide & over 150 in NYC) are completely free to book by our members on a daily basis. And any SOS member can get immediate access as a subscriber to Startup One Stop with this linkhttps://www.loosecubes.com/startuponestop. When they join via our link, you’ll be able to sign up immediately and find a place to work. SOS member Ilana Eberson was Nominated for the 2012 Small Business Influencer Awards in Experts. Make sure to vote for her, she’s awesome: http://bit.ly/M4Y9k1
That’s it from us this week. Your turn and now, as always, help is on the way…

7/24/12

7/24/12

Good morning, All,
The long-overdue and highly underreported Kayak IPO finally happened last week (http://bloom.bg/M54bqK). The stock jumped from its initial offering – and rose steadily throughout the day, adding $91 million to the company’s coffers. The founders are not twenty-somethings or media darlings; the company is profitable – and has been for some time. They do face their challenges. Still, the initial investors did not cash out at the IPO. They’re in it for the long haul, as are the founders.
With tech stocks essentially dead after the Facebook IPO debacle, the Kayak IPO should have been bigger news, or should have gotten more ink than did the demise of Digg, whose founder walked away with millions, despite the fact that the $164 million company was sold off for $16M. Is that success? Nick Bilton wrote an excellent piece describing his move to Silicon Valley and its bifurcated culture (Disruptions: Looking Beyond Silicon Valley’s Bubble: http://nyti.ms/QobVUU) “This belief that everyone is an entrepreneur has a stultifying effect. It can drive founders to seek an easy acquisition instead of a quest for true innovation and a sustainable, profitable business — a truly entrepreneurial challenge.” Kevin Rose (named a “Top 25 Angel Investors (#14)” by Bloomberg, “Top 25 Web Celebrities” by Forbes, “Top 25 Most Influential People on the Web” by Time and BusinessWeek magazines, and one of MITs “Top 35 Innovators under 35”) is at Google Ventures, since Google bought his next company, Milk (now defunct. Too. Why Google or Facebook Buying Your Favorite Startup Means It’s Probably Toast: http://ti.me/LEijWz). He has made some good investments (http://about.me/kevinrose) – from the money he made off investors who didn’t fare as well by investing in him.  Video killed the radio star – and the adoration of youth over substance is certainly not doing much for online. If you’re going to start a company, do it because of that fire in the belly; that passion to somehow move the needle, even if it’s just in some small way. And have a path to monetization. Media attention is fine, but don’t forget your investors. Be a Kayak and in it for the long haul, because unless you’re suddenly made one of the anointed, you might otherwise just some day find yourself up the creek without a paddle. Onward and forward. Deadlines:
The list of Startup Weekend Upcoming Events
Amplify.la – deadline unknown. Our accelerator program is four months of intense collaboration designed to help entrepreneurs amplify their business far beyond where it is today. We provide up to $50,000 in seed funding, free workspace at our Venice campus and hands‐on mentorship. Our companies also benefit from a variety of free or highly discounted services including hosting, legal, banking and more. For more information and to apply: http://amplify.la/
Oxygen Accelerator, Birmingham, England, deadline July 31st. A 13-week intensive mentor led bootcamp, followed by 13-weeks of incubation that culminates with a series of investor days where we will help you pitch to a large, carefully selected group of Angel investors, VCs and Private Equity groups for next stage funding. Up to €40,000 per team in exchange for 8%-10% equity, and much more, including relocation allowance:  http://www.oxygenaccelerator.com/ NEW  The Guardian Small Business Awards, 1st deadline (Winning New Business) August 3rd. All entries that meet the criteria will appear on the Small Business Network’s best practice exchange and the winning entries will be written up as a feature in the Guardian. For more information and to enter: http://bit.ly/QaTcw4
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
THE NEW ENGLAND VENTURE SUMMIT Call for Top Innovators, early deadline September 12th. If you are a Startup seeking capital and/or partnerships, submit your plan for the opportunity to present at The 7th Annual New England Venture Summit, the premier venue connecting emerging growth companies with active Venture Capitalists, Angel Investors, Corporate VCs and Investment Firms. A select group of 50 Top Innovators from the technology, life sciences and Clean-tech sectors will be chosen to present their breakthrough investment opportunities to an exclusive audience of Venture Capitalists, Private Investors, Investment Bankers, Corporate Investors, and Strategic Partners. To apply to present: e-mail iwant2present@youngstartup.com for an application. To nominate a company:please forward: company name, main contact at firm, contact details and why you think they should present to nominations@youngstartup.com. Early bird registration is now available. For more information: http://bit.ly/LjlttK
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.
powered by Movable Ink For you edification this week:
How To Score A Meeting With An Angel Investor. David Rose told people on Quora exactly how to score a meeting with him: http://read.bi/NDXpFx Why Every Social Media Manager Should Be Under 25. Of course, the piece should be entitled, If You’ve Never Encountered Millenial Entitlement Before, Read On:  http://bit.ly/Q9fO1a
15 Dumb Mistakes to Avoid When Pitching Investors. Pitching venture capitalists or angel investors is nerve-racking. Young entrepreneurs explain trip-ups you should avoid at all costs. http://bit.ly/N6o6oO
What we should have said to Paul Graham. Remember: if you don’t take the lead, the scenery never changes: http://bit.ly/PNGnHZ   What Founders Wish They Knew Before Starting Companies. 1 in 12 startups do succeed, but that’s not to say there weren’t bumps in the road. http://on.mash.to/NPcp1N
Everything Americans Hate About the Internet in One Chart. File this under ‘know your audience’: http://bit.ly/PdzQkY
How the BlackBerry Died: The Five Mistakes That Killed a Once-Great Device. http://bit.ly/M55DJM Moving the needle. As you get bigger, what moves the needle changes dramatically: http://bit.ly/LTb6MX
Elevator Pitch/Member News Hint, hint: Feel free to tell us what you’re working on, or if you’ve been featured in the press…Share, and we will, too!
In honor of the Summer Olympics, Entrepreneur Week is throwing an Olympic-Size networking event, including a free drink and an opportunity to win four Yankees tix! It happens August 9th, but early bird ticket sales end July 27th. To RSVP: http://bit.ly/M5dCqi We’ll also be hosting another SOS gathering later in August. Details to come – soon – and until then, as always, help is on the way…

7/17/12

7/17/12

Good morning, All,
The big news this week was yesterday’s announcement that The Marissa Mayer Era at Yahoo starts today.  Google’s employee #20 certainly knows her stuff, and guess we’ll see if she can make a difference to the company: http://tnw.co/MtXKNY
A while back, a friend’s parents went to the racetrack for the first time in their lives. They knew nothing about the sport, and since my friend is a dancer, her mother suggested that they bet on a horse called She Can Dance.  “She Can Dance,” her dad said, “but can she run?” They won: he chose a horse with better odds. Hashable shut down this week. Admittedly, we personally never found it compelling – the gamefication of introductions/death of the business card. But gamefication was the catchphrase du jour, you needed that element to get the attention of investors and the company’s founder was a successful entrepreneur.  Hate to state the (maybe not-so-) obvious, but if we want traction, the question always should be: how will this play in the vowel states (you don’t flyover in an online world). And: who is your audience (yes, Yahoo’s is primarily female, just for the record). Or try: how will this improve life as we know it out there? We in tech do live in a bubble: we live in tech hubs rife with early adopters, and we seem to forget that out there, there is a much lower percentage of people who: – Feel a burning need to have a web-enabled phone – Feel incomplete if they go to dinner – sans their mobile – Feel that everyone will think they haven’t left the house in months if they fail to compulsively check in on foursquare. If you build it, eventually they will come. But we can’t abandon the ‘fixed’ (as opposed to mobile) web just yet, and above all, again we remind you, don’t piss off your user base. And wasn’t Digg a lesson in that this week: The Lessons For Facebook, Twitter And Reddit In Digg’s Demise (http://onforb.es/PW3mSs). From 30M down to 8M users in a year, by simply releasing a new version of the site – and not listening to feedback from their most active members. So the former darling of the online world, once worth $164 million, had its parts sold off for $16 million, and it was all self-inflicted. Founders tend to live in bubbles. It’s our product; we know what’s best. And we’re not always responsive to user feedback – or the vagaries of our site/application/product features that keep our users coming back. Visionaries are few and far between. They see a future we cannot imagine, not a feature we feel compelled to implement. The better part of entrepreneurship may well be stewardship, and that may be the thing that distinguishes a dot com from a dot bomb. Choose wisely because in our world, fortunes can fall even more quickly than they rise. That’s horseracing! Onward and forward.
Deadlines:
The list of Startup Weekend Upcoming Events
NEW  Amplify.la – deadline unknown. Our accelerator program is four months of intense collaboration designed to help entrepreneurs amplify their business far beyond where it is today. We provide up to $50,000 in seed funding, free workspace at our Venice campus and hands‐on mentorship. Our companies also benefit from a variety of free or highly discounted services including hosting, legal, banking and more. For more information and to apply: http://amplify.la/
NEW  Angelpad, deadline July 21st. Angelpad is a mentorship program founded by Thomas Korte and other ex-Googlers to help web-technology startups build better products, attract additional funding and ultimately grow more successful businesses Twice a year, we provide an extensive mentorship program to carefully selected startups, during the course of 10 weeks, in our San Francisco office. For more information and to apply: http://angelpad.org/about/
NEW  The Microsoft Accelerator for Windows Azure, deadline July 21st. This program will host ten companies for a three month, on site, focused on building businesses that take advantage of the cloud. The program runs from September through mid-December in Seattle and is being powered by TechStars, using the same mentor driven methodology pioneered and proven by them in New York, Boulder, Seattle and Boston. For more information and to apply: http://bit.ly/LW1Tdi NEW  Springboard, deadline July 22nd. Springboard is a unique opportunity to turbocharge your startup by working with accomplished mentors and experts in a dedicated business environment. We are only one of two “startup competitions” that have been endorsed by UK Trade and Investment (“UKTI”) for applications for a Tier 1 (Entrepreneur) Visa. Subject to your team being made an offer by  Springboard, you can apply for a Prospective Entrepreneur Visa that enables you to enter the UK for up to 6 months, and allow you to participate in Springboard and seek to secure funding. Business plan not necessary. For more information and to apply: http://springboard.com/view/faq/
Oxygen Accelerator, Birmingham, England, deadline July 31st. A 13-week intensive mentor led bootcamp, followed by 13-weeks of incubation that culminates with a series of investor days where we will help you pitch to a large, carefully selected group of Angel investors, VCs and Private Equity groups for next stage funding. Up to €40,000 per team in exchange for 8%-10% equity, and much more, including relocation allowance:  http://www.oxygenaccelerator.com/ 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  THE NEW ENGLAND VENTURE SUMMIT Call for Top Innovators, early deadline September 12th. If you are a Startup seeking capital and/or partnerships, submit your plan for the opportunity to present at The 7th Annual New England Venture Summit, the premier venue connecting emerging growth companies with active Venture Capitalists, Angel Investors, Corporate VCs and Investment Firms. A select group of 50 Top Innovators from the technology, life sciences and Clean-tech sectors will be chosen to present their breakthrough investment opportunities to an exclusive audience of Venture Capitalists, Private Investors, Investment Bankers, Corporate Investors, and Strategic Partners. To apply to present: e-mail iwant2present@youngstartup.com for an application. To nominate a company:please forward: company name, main contact at firm, contact details and why you think they should present to nominations@youngstartup.com. Early bird registration is now available. For more information: http://bit.ly/LjlttK
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.
Dell Launches $100M Innovators Credit Fund. Qualified start-ups can get extra funding and technological resources from the computer giant. The catch is, you must have already received some angel funding or venture capital before you can apply. Start-ups can get up to 10% of its current funding or up to $150,000 with limited credit terms. Article is here: http://bit.ly/NsJpQK For more information: http://eir.dell.com/
powered by Movable Ink For you edification this week:
Roger McNamee of Elevation Partners calls NASDAQ & Morgan Stanley Criminals in Facebook IPO Debacle. Show of hands: who’s surprised? http://bit.ly/NbbLzF
The complete guide to Israeli startup accelerators. And a lesson is what to look for and why accelerators work for some and not for others: http://tnw.co/LiRYs7 Five Reasons Britain May Be The Best Place To Start A Company In 2012. Over the last five years, the British Government has announced changes in every annual budget to help nurture the growing ecosystem that had already started to establish itself organically in the UK. Other governments can take a lesson: http://onforb.es/LEgmui Vinod Khosla: Maintain the Silicon Valley Vision. Ok, he’s a SV-based investor. Better (more inclusive) title would have been: How to Build the Future. Still, a lesson in pursuing the mission, not the exit: http://nyti.ms/N8h3fj Your LinkedIn Intervention: 5 Changes You Must Make. If you want to get results though linkedin, there is an etiquette. Learn it may well lead to more successful networking: http://onforb.es/Nemp6m The Secret Lives Of Teenagers Online: A Full Report From Business Insider. And remember: they’re the future:  http://read.bi/NU39vb
What Agencies (and startups) Can Learn From a Superstar Startup. It’s dollarshaveclub.com. Speed is important, and bold means memorable: http://on.mash.to/LiK6vp How To Prepare Your Startup To Raise An Angel Round. Approaching a well known angel investor cold with the expectation that they’ll fund you, is like walking up to a beautiful stranger and expecting you’ll be planning a wedding by the end of the conversation. Be prepared: http://tcrn.ch/NAiD3S 7 Do’s and Don’ts for Founders: http://bit.ly/LmbtE2 The Formula. Television is formulaic – and startups can be as well. Brad Feld suggests following the formula, when it works – but don’t be afraid to deviate from it, when necessary: http://bit.ly/N3qbeU
Elevator Pitch/Member News Hint, hint: Feel free to tell us what you’re working on, or if you’ve been featured in the press…Share, and we will, too!
From SOS member Conrad Egusa: When I was writing for VentureBeat.com I learned pretty quickly that most entrepreneurs do not know how to approach the media, and when they do look for PR, they need to spend hours collecting the contact information of tech reporters. My company spent 100 hours creating a free comprehensive tech reporter contact list. The list is here: http://www.brownsteinegusa.com/find-tech-reporters I’m also releasing a free Beginner’s Guide To PR: http://brownsteinegusa.com/beginners-guide-to-pr/. I hope they are of help.
How Hoboken, New York’s Baby Brother, Built An Innovation Scene Of Its Own: http://bit.ly/Lwvvxz And congrats to Aaron Price, NJ Tech Meetup founder, Entrepreneur at Large for DFJ Gotham, founder of CrafterMania.com and SOS member, who certainly played his part in making it happen. We keep telling you: it’s worth the trip across the river! Yes, the NJ Tech Meetup is tonight – waitlist only, as usual.
Our thanks to everyone who came out to help me celebrate my birthday – and yes, we are planning another event for August. Stay tuned and until then, as always, help is on the way…

7/9/12

7/9/12

Good morning, All,
The next SOS event is tonight and we have a 25% discount for SOS members.  Code: sos. It also happens to be New York State Day and 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 http://bit.ly/LnJuAT and hope to see you this evening! Two interesting graphs circulated last week: Google Graveyard and Microsoft Morgue. We’re still waiting for the Facebook Follies and Ya-hoo Thought that would work? Behemoth’s don’t always get it right and yes, while money is made, jobs are also lost. Companies seem to get to a size/place/hubris where they want to own all eyeballs everywhere, seemingly losing sight of the cardinal rule of business: does it add to our value proposition? There’s no doubt that FB has a lot more members than Linkedin, but here’s How LinkedIn Gets TWENTY Times More Money Per User Than Facebook (http://read.bi/KYFeeM). LinkedIn users spend an average of 18 minutes a month on the site to FB users’, 6.4 hours. But LinkedIn gets $1.30 in revenue for every one of those hours to FB’s 6.2 cents. Since its IPO, Facebook stock has skidded 17% so far, while LinkedIn shares have leapt 64%. Facebook is still banking on the ad revenue model; LinkedIn – monetizes data. The full Forbes article is worth a read: How LinkedIn Has Turned Your Resume Into A Cash Machine: http://onforb.es/LClNKa. We remember when the internet was referred to as the information superhighway and, social or not, that basically hasn’t changed. Many of us simply forgot, or didn’t know that in the first place. “@NickLukan: “A million guys walk in to a Silicon Valley bar. None of them buys anything. The bar is declared a rousing success.” via @Quora. Eyeballs are great, but the real value of a business always shows up on the bottom line. At the end of the day, it’s all about building a sustainable business, and currency is still the currency of the day. Spend it wisely. And don’t piss off your end users by arbitrarily changing (timeline; fb email) or diluting your brand. Onward and forward.
Deadlines:
It’s that time again – Startup Chile, deadline July 10th. For more information and to apply: http://startupchile.org/about/apply/    NEW  Heads up, Israel: Up West Lab, deadline July 10th. This is a Silicon Valley accelerator supporting Israel’s best entrepreneurs and offers a 10-week program and takes a small equity and give up to $20k per company. They also help you sort out living arrangements, and offer post-program support after Demo Day. For more information and to apply: http://upwestlabs.com/ NEW  GameFounders, deadline July 10th. GameFounders the first gaming startup accelerator in Europe (Estonia). It’s the usual 3-month mentor-filled program, but the startups will get several opportunities to practice and present to international VCs, corporate and angel investors at Demo Days held in Tallinn, Helsinki, London and San Francisco. Investment taken: 9% for 5k per founder (up to €15k).For more information and to apply: http://www.gamefounders.com/ NEW  Digital Catalyst Fund, Romania, deadline July 15th. This fund is dedicated to helping highly promising entrepreneurial teams to develop businesses centered on the future of digital media, digital marketing and digital communication and provides them with the funding, support and connections they need to flourish. The DCF initial commitment is to provide US$500,000 financing to ten carefully selected projects. This 3-month bootcamp is based in Bucharest. For more information and to apply: http://digitalcatalystfund.com/ NEW  The list of Startup Weekend Upcoming Events
Oxygen Accelerator, Birmingham, England, deadline July 31st. A 13-week intensive mentor led bootcamp, followed by 13-weeks of incubation that culminates with a series of investor days where we will help you pitch to a large, carefully selected group of Angel investors, VCs and Private Equity groups for next stage funding. Up to €40,000 per team in exchange for 8%-10% equity, and much more, including relocation allowance:  http://www.oxygenaccelerator.com/ 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.
Dell Launches $100M Innovators Credit Fund. Qualified start-ups can get extra funding and technological resources from the computer giant. The catch is, you must have already received some angel funding or venture capital before you can apply. Start-ups can get up to 10% of its current funding or up to $150,000 with limited credit terms. Article is here: http://bit.ly/NsJpQK For more information: http://eir.dell.com/
powered by Movable Ink For you edification this week:
A must read from Vanity Fair: Microsoft’s Downfall: Inside the Executive E-mails and Cannibalistic Culture That Felled a Tech Giant. From the article: Microsoft had a prototype e-reader ready to go in 1998, but when the technology group presented it to Bill Gates he promptly gave it a thumbs-down. “He didn’t like the user interface, because it didn’t look like Windows,” a programmer involved in the project recalls: http://vnty.fr/LjkvUq. 5 Great Tools That Help You Create Apps For Your Business. In the end, you must pick a tool according to how complex your app will be. The more tailoring you have to do in the development stage, the more shades of gray start to appear on what you should choose from this list: http://bit.ly/MTDBid 5 Trick Questions Every Entrepreneur Should Answer Before Asking For Money. It’s all about minimizes the chances of a future misalignment: http://onforb.es/IRbuOR 7 things I wish we knew before our seed round. Once you’ve raised the money, it’s just the beginning: http://tnw.co/N2wHpP Thanks, but No Thanks: Passing on an 8 Figure Venture Round. Why did they say no to this huge opportunity? They had their reasons – and they know the risks. And we sincerely hope it works out for them: http://bit.ly/MVtBk5 Nice Try, Twitter: Here’s A Quick Workaround To Get Your Tweets Published in your Linkedin Feed Again. Twitter cut ties with LinkedIn; tweets will no longer appear on LinkedIn via status updates. It’s part of Twitter’s effort to control tweet consumption: http://read.bi/N9Jnf2 12 Rules For Building Your First Profitable Startup. Sell, sell, sell – and make sure it’s a product people will buy into. Literally: http://bit.ly/L8H129 Higgs bosom in plain English, and why it’s so important. Often referred to as the ‘God particle,’ there’s your first clue as to its importance: http://tnw.co/N90Sf9
Time to Vacate Wall Street. Despite all of the bluster about NYC becoming a tech capital and creating opportunity and jobs, one need only look at the industries that are here – and quickly evacuating – to see how it won’t be long before our industry, too, is strangled and forced out by regulation and taxes. The blue social model devours its own: http://bit.ly/N8u7z3 Scientist Creates Pizza Healthy Enough to Eat 3 Times a Day, Every Day. 100 taste testers said it was as good or better than other frozen pizzas available on the market. They go on sale in UK supermarkets later this year.http://bit.ly/N867w0
Elevator Pitch/Member News Hint, hint: Feel free to tell us what you’re working on, or if you’ve been featured in the press…Share, and we will, too!
Congrats this week go to Alden Levy (http://mybillregistry.com/ ), who heard about the iEvening pitch event through SOS – and won the evening! Congrats also go to ER Accelerator company Bizodo, who were just featured in  PandoDaily and will also be featured in this month’s edition of Inc Magazine And from Julianna Davies: I’m part of the design team at MBAOnline.com, and we created a graphic that illustrates the 30 years of innovation at Microsoft and their failures along the way. Title: Microsoft MBA: Over 30 Years of Innovation Graphic: http://www.mbaonline.com/microsoft-mba/
That’s it from us this week and hope to see you this evening at my bday celebration. The newsletter will go back to its Tuesday schedule next week. It being my bday, decided to err on the side of caution this week. Until then, as always, help is on the way…

6/26/12

6/26/12

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: http://bit.ly/LnJuAT And hope to see you there to help us celebrate! Microsoft is back in the news. Never count out a sleeping giant - and Microsoft is a company that always sleeps with one eye open. Remember a few years back when they invested in FB? (Microsoft invests $240 million in Facebook: http://on.msnbc.com/KVcRiW. From BI: Microsoft's Investment In Facebook At A "Ridiculous" Valuation Was BRILLIANT: http://bit.ly/Mtbsvi). Now, with MS/FB – aka, the new Bing search, it might just have gotten even more brilliant, while G+ slowly fades. We remember when Microsoft was the Evil Empire: the tech bully who would buy or destroy competitors because they could (look up Stacker – Microsoft made overtures to Stacker to license their code, and when Stacker wouldn’t play, MSFT apparently wrote their own version using the knowledge they had obtained. You’ve never heard of Stacker. You’re no doubt familiar with defrag). This week, MSFT announced the release of Surface, its iPad wannabe/gonnabe (Video: Microsoft Surface And Apple iPad Announcements Compared Side By Side: http://bit.ly/OeTD8U) – and it’s not completely a clone (5 ways Microsoft's Surface may be better than an iPad: http://bit.ly/PVErL4). Tomato, tomahto: let’s not forget that it was MSFT who bailed out – and may well have saved – Apple a few years back (Microsoft to invest $150 million in Apple: http://cnet.co/QIk19). That was ’97, when an older and wiser Bill Gates was still at the helm, and MSFT was on the eve of being usurped as the Evil Empire by a company that would go magnitudes beyond whatever evil MSFT had contrived in its day. Yes, Google. Now with Apple about to eliminate GOOG maps from its devices (Google Is Now Recognizing The Threat To Its Mapping Dominance: http://read.bi/PVM7wX), Android sales still not as strong as the iPhone, and Google dropping prices on both its mapping API and its cloud storage, well, no one stays on top forever, and cautionary tale ahead: Google lost sight of a key ingredient to success, whether your service is free or not: the end user. We personally studiously avoid Google products, whenever possible. We mentioned a while back that while researching Type 2 diabetes – a disease we do not have, but were doing research for personal reasons - and found ourselves slammed with subject related spam. Which we began keeping in a separate folder on weekend, to see how out of control GOOG was. Roughly, spam count about 2200 pieces between Friday evening and Sunday evening. When the number his 2700, we abandoned GOOG search completely. That was December, and we’ve been keeping track ever since. Spam count this past weekend: 37 pieces. And thanks for all the fish. Google has been secretly tracking users on mobile, on the web – and no doubt everywhere it has embedded itself, and behavioral targeted searches are not always helpful. Au contraire. Google is still the top search engine, but considering the ground its losing in other areas, it’s neither all-powerful nor bullet-proof. MSFT was smart to sleep with one eye open. Google would be wise to lose the ego and do the same – if only to watch its own back. Onward and forward. Deadlines: The 2012 New York Venture Summit is June 28th, and it's 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. 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. For more information and to register: http://bit.ly/JTGiuI NEW Dell Launches $100M Innovators Credit Fund. Qualified start-ups can get extra funding and technological resources from the computer giant. The catch is, you must have already received some angel funding or venture capital before you can apply. Start-ups can get up to 10% of its current funding or up to $150,000 with limited credit terms. Article is here: http://bit.ly/NsJpQK For more information: http://eir.dell.com/ NEW Chinaccelerator, deadline June 30th. This is the first mentorship-driven seed funding program in China, providing extensive support for startups including seed funding, mentorship, and free office space. 4-8% equity taken for 10,000 CNY per founder (for 3 founders at max).For more information and to apply: http://bit.ly/Ltj1qk NEW StartupBootcamp Berlin, deadline June 30th. This accelerator program focuses on exposing and connecting startups to our expanding community of mentors and advisors that provide expertise from a multitude of industries. Startups in the programs get seed funding, free co-working space with other startups, services from sponsors and get a dedicated mentorship plan that will excel you from wherever you are in the development cycle to the next. 8% equity stake taken for 15,000 Euros and over $75K Euro in benefits.For more information and to apply:http://bit.ly/GCAVPh 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 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 It’s that time again - Startup Chile, deadline July 10th. For more information and to apply: http://startupchile.org/about/apply/ NEW Global Entrepreneurship Summer School, Berlin. Earlybird deadline June 30th. Final deadline: July 15th. This year we will accept 35 outstanding students from around the world. All applications will go through a very strict, but fair selection process. For more information and to apply: http://www.globalsummerschool.org/ NEW Oxygen Accelerator, Birmingham, England, deadline July 31st. A 13-week intensive mentor led bootcamp, followed by 13-weeks of incubation that culminates with a series of investor days where we will help you pitch to a large, carefully selected group of Angel investors, VCs and Private Equity groups for next stage funding. Up to €40,000 per team in exchange for 8%-10% equity, and much more, including relocation allowance: http://www.oxygenaccelerator.com/ 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: Facebook's Lame Attempt To Force Its Email Service On You. Yes, like it or not, if you’re on FB, you now have a FB email address. In fact, FB has taken the liberty of making your Facebook email your default contact address, like it or not: http://onforb.es/ML0oMs Happily, there’s an easy way to reverse it: Lifehacker: Facebook Changed Everyone’s Email to @Facebook.com: Here’s How to Fix Yours: http://bit.ly/NDEuvh And yes, we know that Microsoft Agrees to Acquire Yammer for $1.2 Billion in Cash. “They’ve been behind in terms of social, and this puts them in a really strong position, perhaps even the lead,” said Rob Koplowitz, an analyst at Forrester Research Inc: http://buswk.co/LZFACH A 5-point checklist to create lucrative opportunities with disruptive technologies. Disruption is part of the business game. Entire empires can be crippled in the blink of an eye. Just look at the postal service. Once an untouchable giant it was brought to its knees by email: http://bit.ly/KFa6AO The 11 risks VCs evaluate. Here are the major risks that I typically review when a startup pitches: http://bit.ly/MvQWdR Always Swim Downstream. Some of us have this weird need to ignore the things we’re already good at and focus too much time and energy on being better at things we’re not good at. Yeah, that’ll work: http://bit.ly/KUpqq3 New York: Techie Magnet. We’re not about to let this devolve into a pissing match with SV, but New York certainly has its upside – like, not everyone here works in technology. Whew! http://on.wsj.com/NKj4hc Tweet anonymously: There are times, we suppose, when it’s just gotta be done. Haven’t tried it, but for the curious – or gossipmongers: http://anontwttr.fox21.at/ Apple Wants to Protect Your Identity – by Cloning You. One of the properties Apple won in a February acquisition of patents from Novell, the technology allows the company to fight would-be Little Brothers by cloning users’ digital identities. It’s digital pollution, with a purpose and, as the patent text notes, its purpose is to “make any data collection about a principal less valuable and less reliable.” So much for behavioral targeting: http://on.mash.to/LmXoIj If You Think The Soda Ban Is Bad, Check Out All The Things That Are Illegal In Singapore. All true, BusinessInsider, but let's not forget that you’re now comparing us to a fascist regime. http://read.bi/MJiR8m And according to the Heritage Foundation’s 2012 Index of Economic Freedom, Singapore ranks 2nd. The US is now #10 – and falling: http://bit.ly/A9o2Gi That's it from us this week and hope to see you on my birthday! Given that next week is the big US Independence Day weekend, chances are we won't send a newsletter next week, but we will be back soon enough! And now, as always, help is on the way…

6/19/12

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

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. Read More...

6/5/12

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. Read More...

5/29/12

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. Read More...