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Silicon Valley Telecom Entrepreneurs Pivot: New Business Models Win 58% Of VC Investment And Carrier Revenues
Nov 04, 9:00AM
Editor's note: Steve Patterson's observations and writing are based on his 20 years working in the primordial ooze of start-ups in Boston and the San Francisco Bay Area. Silicon Valley leads the nation with more than 50 percent of telecom venture investments, and its share is growing. The reason for this is that companies such as Google, Apple, VMware and Salesforce have redefined the meaning of the telecom carriers business to include Internet, mobile and cloud with wireless, terrestrial and satellite transmission of voice and data.
Qik Founder's Story: Taking Mobile Video Out Of The Garage And Putting It Into The Hands Of Skype
Nov 04, 5:00AM
Editor's note: Bernard Moon is co-founder and CEO of Vidquik, a new web conferencing and sales solutions platform, and co-founder of SparkLabs, a recently launched startup accelerator in Seoul, Korea. Qik co-founder Ramu Sunkara discusses the company's voyage from its founding in 2006 in his garage to being acquired by Skype in January 2011 for $150 million.
New Jersey Allows Voting By Email And Fax For Hurricane Victims
Nov 04, 3:10AM
Wow. Registered voters in New Jersey displaced by Hurricane Sandy will be permitted to vote by fax or email in the upcoming election. New Jersey, along with about a dozen other states, already permit overseas and military voters to return signed ballots electronically.
Fine-Tune Your Outbound Sales Formula To Help Save Your Startup
Nov 04, 2:00AM
Editor's note: Steli Efti is the Co-Founder/Chief Hustler of ElasticSales and an advisor to several startups and entrepreneurs. One of the most common questions startups ask me is how to handle B2B outbound sales. They often ask this question in a state of desperation, hoping I respond with the magic formula. There is no magic formula. An outbound sale is hard work, and it requires an extraordinary amount of effort to get it right.
After U.K. Court's Handslap, Apple Gets Less Cheeky In Samsung "Apology"
Nov 04, 12:06AM
Apple had to tone down the attitude in a re-issued "apology" it published today to its U.K. website after losing an appeal in a patent infringement case against Samsung. A U.K. judge smacked down its previous apology for being "incorrect" and "untrue" on Thursday. Above is the pared-down version that appears in a link at the bottom of the company's U.K. homepage.
Drew's Mom Reviews "Startups: Silicon Valley"
Nov 04, 12:00AM
Editor's Note: We had Lynda Harrison, writer Drew Olanoff's mom, review an advance copy of the first episode of Bravo's "Start Ups: Silicon Valley," premiering Monday, November 5th. Because we can. Harrison lives in New Jersey and tweets at @sw33ti3. I really wanted to watch this program with an open mind, despite the fact that it is on Bravo, which is slowly devolving into a network of unreal reality shows. I wanted to like it because I find brilliant people in high-pressure situations fascinating. I wanted to know what it is like to be creative, intense and articulate in the world of tech. But that's not what Start Ups: Silicon Valley delivered.
Yahoo's Homepage Isn't Raising Enough Money For Hurricane Sandy Relief, Let's All Step Up
Nov 03, 10:01PM
We're just now learning what level the devastation that Hurricane Sandy caused on the East Coast, specifically in New York City, and people are starting to send the wagons around to raise money to assist those in need. We learned yesterday that mentions of blood donation and the Red Cross skyrocketed on Twitter during the peak of the storm, and other organizations are starting to get involved.
Get Your Ass To Metro (Windows 8)
Nov 03, 9:00PM
Love it or hate it, Windows 8 is a big deal and it's only going to get bigger. Particularly the Metro side. The Windows Store will bring app store economics to the PC in a way that most users have never experienced before, and that represents a golden opportunity for developers. However they will have to move incredibly quickly to get ahead of the rush.
Quick, Tie The Rafts Together
Nov 03, 7:00PM
To operate in the 21st century as if it is still the 20th is certain death for most businesses. Not instant, but certain. And it was certainly this practice that led two of the largest publishers to combine their lot. The resulting business will have to change all the same, but it's easier to navigate these waters as a single raft (of the Medusa variety, but a raft nonetheless) than as a flotilla.
Do We Need Another Angel List? NOAH Insider Seems To Think So
Nov 03, 6:30PM
Many would say Angel List has become an indispensable resource for investors and startups to find, connect and recommend each other. This almost altruistic effort has taken Silicon Valley to the world, and, increasingly, the world to Silicon Valley. Slowly but surely European-based startups have also started using it over the last couple of years, and, used in combination with CrunchBase, it can be pretty powerful. However, not all think this. And only this week, a new player emerged with an attempt at its own land grab: NOAH Insider.
Gillmor Gang: Shaken Not Stirred
Nov 03, 5:00PM
The Gillmor Gang — Robert Scoble, John Taschek, Kevin Marks, and Steve Gillmor — stumbled through and upon the possibilities of an orbiting metadata cloud. Mark our words, Instagram's success with the pre-teen set sets the table for powerful social graphs where photos share equal weight with GPS, swipe, and realtime contextual data. While we detoured slightly in anticipation of the social impact on the election, Obama and Chris Christie banishing the toxic politics of partisan nitpicking for some basic working together was a sight for sore eyes. Maybe Google and Apple can take a page from at book.
The 20 Most Innovative People In Democracy 2012
Nov 03, 4:00PM
President Barack Obama, Julian Assange, Mayor Cory Booker and more. On the eve of America's political new year, Election Day, we highlight this year's most innovative people in democracy.
3D Printers Are Not Like 2D Printers: A Rant
Nov 03, 1:00PM
The last time I wrote about 3D printers, an appalling number of people in the comments - including VCs who really, really should know better - kept writing things like: "Nearly identical comments were made about personal computers, desktop printers, color printers, laser printers..." and "just like printing at home" and "Let's use the traditional paper printer as an example" and "it will follow the same trend as 2D printing" and and and and and. Recently the very same thing happened to me in casual conversation. And so, this rant:
EFF: Calling All Geeks – Help Explain To Judges Hearing Oracle v. Google Appeal Why Copyrighting APIs Is Such A Bad Idea
Nov 03, 6:06AM
The Electronic Frontier Foundation (EFF) is asking for help in explaining to the federal circuit why copyrighting APIs is such a bad idea. The EFF's request comes after a victory earlier this year when U.S.District Court Judge William Alsup ruled in the Oracle v. Google case that an API cannot be copyrighted.
3 iPad Mini Design Considerations For Developers
Nov 03, 4:00AM
Editor's note: Boris Chan is a principal at Xtreme Labs who leads product development and innovation efforts. Apple finally unveiled the iPad mini last week. Perhaps its main selling point is that it runs the same apps as the iPad and works just as well with the same screen resolution despite its smaller size.
After Hurricane Sandy, NY Startups Have To Find A Place To Get Back To Work
Nov 03, 12:36AM
Recovering from Hurricane Sandy is no small feat as most of Lower Manhattan is still in the dark without power. I talked with a couple of people working in startups who had to find a place to get back work. But the most difficult part was probably to set aside the devastation and get the businesses back on track. Those companies are fragile and can't risk a companywide blackout for a week.
Sequoia-Backed Search And Social Marketing Company Kenshoo Raises Another $12M
Nov 03, 12:20AM
Digital marketing company Kenshoo has raised $12 million in new funding. The round was led by late-stage investment firm Tenaya Capital, with participation from all past investors, including Sequoia Capital, Sequoia Growth Fund, and Arts Alliance. A Kenshoo spokesperson told me this brings the company's total funding to $30 million.
Where The iPad Mini Fits On My Digital Tool Belt
Nov 02, 11:03PM
Happy iPad mini day. Since my review a few days ago, by far the number one question I've been asked about the device is: how does it fit into my life? Do I really need another iPad — let alone a smaller, less powerful one with a non-retina screen? Will I use it alongside the regular iPad? What about alongside a MacBook? Instead of those devices? This question keeps coming up, of course, because everyone is trying to understand how the iPad mini might fit into their lives — or if it will at all. Granted, I've only been using one for a little over a week, but I think I already have a pretty good sense of where it will fit into my life.
Adding Photo Filters Doesn't Mean That Twitter Will Cancel Out Instagram
Nov 02, 10:08PM
Nick Bilton of the New York Times is reporting that Twitter is working on adding filters for photos to its product. This is clearly an attempt to add to its current capability to upload photos. At first blush, you will think that this is purely a defensive move against Facebook and Instagram. While that might be partially true, adding filters to photos does not cancel out Instagram whatsoever.
Foursquare Looks Into A Fourth Round At An Over $700M Valuation, Investors Skeptical
Nov 02, 10:01PM
Foursquare has been taking VC meetings recently, looking into raising a Series D round of funding of between $50 million and $100 million according to multiple sources. In previous rounds, the company has brought in over $71.4 million in financing from Andreessen Horowitz, Spark Capital, Union Square Ventures and others. >From what we're hearing the company seeks to flesh out this round at a pre-money valuation of between $700 million and $800 million, and that number has a few VC shops skeptical due to its growth trends, which have not gotten more inspiring after the company's recent June redesign, according to multiple sources. Foursquare raised a $50 million round at a $600 million valuation in June of 2011 and still has plenty of money in the bank as far as we know.
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