Posted at 20:05h, 26 Nov 2012 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, Investors care about one thing. Wait: two. Ok, three: your market size, revenue model, and your team – not necessarily in that order. Still, at the end of the day, it still boils down to one thing: money, so we were right: investor care about one thing. And you need to look at your business the way they do. Seriously. The Wall Street Journal noted that VC funding of consumer web and mobile companies is down 42% in this first nine months of 2012 (versus the first nine months of 2011). And the big falloff was not in seed but rather in follow-on rounds (VCs Still Chasing Web Companies, But With Less Cash: http://on.wsj.com/RaBjPX). What Has Changed (http://bit.ly/Tk5YXj)? That was the title of one of Fred Wilson’s recent blog posts, and he feels that the consumer internet has run its course; and that mobile and enterprise are the new focuses. Howard Lindzen chimed in as well and ...
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Posted at 20:04h, 13 Nov 2012 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, Yes, our next gathering is tomorrow, November 14th. We know that most of you wait till the last minute to register anyway. RSVP here: https://sosoctobermixer.eventbrite.com/# Stop by! We'd love to see you! Show of hands: how many of you use twitter and facebook as a marketing vehicle? (I just purchased Aluminum Tri Wallet Yellow Red from HuMn on Fab … via @Fab.) When one is selling something or promoting a business – preferably your own – it can be an effective vehicle, especially if it’s a customer who’s selling it for you. Preferably a happy one. (Mia Krautplezer suggested you like Mia Pain Management.) We might like Mia, were she not a figment of our imagination, and happy to do her the favor of liking her endeavor – but employers, insurers, credit department – a whole host of third parties also check FB for information about you, and pain management is not one of our issue...
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Posted at 20:03h, 06 Nov 2012 by Bonnie Halper 1 Comments 135 Likes Share
Good morning, All, and happy to see that you weathered the storm! Last year, Hurricane Irene hit the Eastern Seaboard. New York dodged a bullet on that one, but it was a wake-up call. When Sandy plunged downtown Manhattan into darkness, Goldman Sachs, located at the epicenter of the maelstrom, was fully lit up and functional. They’d obviously heeded the lessons of Irene (actually, they were prepared even before that), while our Mayor Bloomberg, a huge advocate of global warming, turned his attention to – pressing hard for a ban on oversized softdrinks. The New York Times did a piece in September criticizing the mayor for moving too slowly in addressing potential flooding and worse: New York Is Lagging as Seas and Risks Rise, Critics Warn: http://nyti.ms/SIYNbA. “Planning to be flooded” is no replacement for investing in protection. Consequently, lives were lost: let’s not forget that NY is second only to New Orleans in the nu...
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