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SVASE VC Breakfast with Robert Troy of Geneva Ventures

I’ll be moderating another SVASE VC Breakfast Club meeting Thursday, October 25th in San Francisco.

As usual, it’s an informal round-table where up to 10 entrepreneurs get to deliver a pitch, then answer questions and get critiqued by a VC Partner. We’ve had VC’s from Draper Fisher, Kleiner Perkins, Mayfield, Mohr Davidow, Emergence Capital …etc.

This Thursday we’ll be joined by Robert Troy, Managing Director at Geneva Venture Partnersl. Robert a former Entrepreneur / CEO himself sold his company, Verilog in 1994, then relocated to Silicon Valley and became an investor. Managing Geneva Venture Partners he invested in early stage software companies including SalesForce.com (NYSE: CRM) and Zantaz (sold to Autonomy this summer). Geneva’s focus is on Enterprise software, Infrastructure software, Wireless, RFID, VOIP and Embedded technologies.

These breakfast meetings are a valuable opportunity for early-stage Entrepreneurs, most of whom would probably have a hard time getting through the door to VC Partners. Since I’ve been through quite a few of these sessions, both as Entrepreneur and Moderator, let me share a few thoughts:

  • It’s a pressure-free environment, with no Powerpoint presentations, Business Plans…etc, just casual conversation; but it does not mean you should come unprepared!
  • Follow a structure, don’t just roam about what you would like to do, or even worse, spend all your time describing the problem, without addressing what your solution is.
  • Don’t forget “small things” like the Team, Product, Market..etc.
  • It would not hurt to mention how much you are looking for, and how you would use the funds…
  • Write down and practice your pitch, and prepare to deliver a compelling story in 3 minutes. You will have about 8-10 minutes, half of which is your pitch, but believe me, whatever your practice time was, when you are on the spot, you will likely take twice as long to deliver your story.smile_wink The second half of your time-slot is for Q&A.
  • Bring an Executive Summary; some VC’s like it, others don’t.
  • Last, but not least, please be on time! I am not kidding… some of you know why I even have to bring this up.clock

For more information check out the SVASE event page, and don’t forget to register.

See you on Thursday.

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SVASE VC Breakfast with Gus Tai, General Partner @ Trinity Ventures

After a long break (for me) I’ll be moderating another SVASE VC Breakfast Club meeting Thursday, October 18th in Palo Alto.

As usual, it’s an informal round-table where up to 10 entrepreneurs get to deliver a pitch, then answer questions and get critiqued by a VC Partner. We’ve had VC’s from Draper Fisher, Kleiner Perkins, Mayfield, Mohr Davidow, Emergence Capital …etc. This Thursday I”ll have the honor of welcoming a repeat guest, Gus Tai, General Partner at Trinity Ventures. Instead of introducing him, I suggest you take a look at his impressive portfolio.

These breakfast meetings are a valuable opportunity for early-stage Entrepreneurs, most of whom would probably have a hard time getting through the door to VC Partners. Since I’ve been through quite a few of these sessions, both as Entrepreneur and Moderator, let me share a few thoughts:

  • It’s a pressure-free environment, with no Powerpoint presentations, Business Plans…etc, just casual conversation; but it does not mean you should come unprepared!
  • Follow a structure, don’t just roam about what you would like to do, or even worse, spend all your time describing the problem, without addressing what your solution is.
  • Don’t forget “small things” like the Team, Product, Market..etc.
  • It would not hurt to mention how much you are looking for, and how you would use the funds…
  • Write down and practice your pitch, and prepare to deliver a compelling story in 3 minutes. You will have about 8-10 minutes, half of which is your pitch, but believe me, whatever your practice time was, when you are on the spot, you will likely take twice as long to deliver your story.smile_wink The second half of your time-slot is for Q&A.
  • Bring an Executive Summary; some VC’s like it, others don’t.
  • Last, but not least, please be on time! I am not kidding… some of you know why I even have to bring this up.clock

For more information check out the SVASE event page, and don’t forget to register . See you in Palo Alto.

Update: I will also have a special guest: former entrepreneur-turned-into-VC, who got his fame as “the entrepreneur who won’t just take VC abuse.” That is of course before successfully selling his startup and becoming a VC Partner himself. smile_shades

Update: This event is now SOLD OUT. Next Thursday I will moderate a VC Breakfast in San Francisco with Robert Troy, Managing Director of Geneva Venture Partners.

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Wiki: the Beauty & the Beast. Usability & Functionality (Event)

Silicon Valley Web Builder will host a wiki-focused event tomorrow, Wednesday. While their first wiki event almost a year ago with JotSpot, Socialtext , Atlassian and WetPaint was more introductory, this time the focus will be on – surprise! – the contrast or harmony of Beauty- i.e. attractive UI, vs. the Beast – functional robustness.

The Moderator for tomorrow is Luke Wroblewski, Yahoo’s design guru who has authored a book on Web interface design principles titled “Site-Seeing: A Visual Approach to Web Usability” and is working on thee next one: “Web Form Design Best Practices”.

The Panelists are:

It’s definitely an interesting mix. Playing a bit with the metaphor, I’d say market leader Atlassian is known as the “beast”: whatever enterprise wiki functionality you can think of, their Confluence will likely have it.

Wetpaint got popular for the “beauty” – that’s why I called it the wiki-less wiki. It’s a most user-friendly self-publishing tool that allows anyone to create a site and transform it into an online community. Incidentally, the SV Web Builder site is built on Wetpaint.

Brainkeeper, a user-friendly enterprise wiki startup took me by surprise when they launched in January. Totally out of left field, they aim to be the beast like Confluence and the beauty like Wetpaint, with twists not seen in wikis, like workflow. I’m really looking forward to seeing how far they’ve got since launch.

MindTouch is transforming the Wiki from the Web’s best collaborative authoring tool into an open source service platform with a Wiki heart. Their Deki Wiki Hayes release is perhaps the most extendable Wiki tool available today.” I had to steal that line from Read/WriteWeb, I couldn’t have said it any bettr – oh, and congrat’s on reaching the 100,000 user mark!

Zoho is not a pure-play wiki player. Their wiki is just a part of a productivity/collaboration suite, and it shows. Beauty? The UI needs improvement, but this is the only wiki with not just simple a WYSIWYG editor, but a full word processor that writes true html, not wiki syntax. Beast? I think the emphasis here will not be on the standalone product, but how well it integrates with other Zoho offerings, supporting a flow-oriented world that matches how we think.

It will no doubt be an interesting event, so please check out the site details, and remember, admission is free if you register online, but $10 at the door. See you tomorrow.

Related posts: Laughing Squid, Lunch 2.0, Functioning Form, Mindtouch, Brainkeeper, Wetpaint, Zoho blogs, Centernetworks.

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Google Redefines Meaning of Dance

Brian Solis and Philipp Lenssen report from the annual Google Dance Party – well, they tried to report, but apparently both were handled by polite but helpless escorts (no, not *that* kind, rather from the Google PR Nursery) who all but prevented them from meaningful reporting or even take photos showing real activity:

After being escorted and handed off to no less that five various handlers, I soon realized that their real purpose was to keep us herded and controlled so that the information, pictures, and video that came out of the Google Dance party, adhered to a legitimate standard for security – says Brian.

Now, please tell me what’s wrong with these photos:

You guessed (?) it right: nobody seems to be dancing at this dance party. Which makes me wonder, if we’re simply not seeing “action” pics due to the effectiveness of the escorts, or … could it simply be VGDD? (Valley Geeks Don’t Dance) smile_wink
Update: remotely related: Google started zapping faces on Google Maps StreetView.

Read more at bub.blicio.us , Google Blogoscoped and AccMan (Dennis Howlett). Photo credits: Brian Solis.

Dancing Update (8/23): Thanks to Matt Cutts, here’s evidence that there was real dancing at the Google dance. As both bloggers above mentioned, only people labeled “Press” and carrying pro cameras had their access controlled, if you were there just to have fun, you could pull out your little cam / phone and shoot away happily.

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Enterprise 3.0: Where Is It Headed? – Interesting Panel with the Wrong Title

I’m not a big fan of the whole 2.0 /3.0 theme, but I have to accept the fact that Web 2.0 and related concepts have become commonplace, everyday terms that today we’re taking for granted. Enterprise 2.0, on the other hand is far more debated. Definitions range from loosely saying “Web 2.0 tools in the Enterprise” through Harvard Prof Andrew McAfee’s “Use of emergent social software platforms within companies, or between companies and their partners or customers” to MR Rangaswami’s much broader synergy of a new set of technologies , development models and delivery methods that are used to develop business software and deliver it to users.” Then we have a set of attempts to simply “get to the point”, without long academic debate, like lightweight software, or Meet Charlie, a simple yet effective slideshow that personalizes the story.

One thing there is agreement about is that there is no agreement – in terms of a definition, that is… but that does not prevent us from attending conferences like Enterprise 2.0 or Office 2.0, and more importantly, businesses from embracing Enterprise 2.0 to varying degrees. It is happening, whether we have a “final” definition or not.

However, I really don’t think we’re ready for Enterprise 3.0 – not now, not ever. There are quite a few articles on the subject, but they all come from the same author, Sramana Mitra (except for two old ZDNet articles quoting Shai Agassi and JP Rangaswami). Sramana has certainly “cornered” the market – except there really is no “market” if she’s the only one using the term. Her definition: Enterprise 3.0 = SaaS + EE. What’s EE? Extended Enterprise:

The modern enterprise is no longer one, monolithic organization. Customers, Partners, Suppliers, Outsourcers, Distributors, Resellers, … all kinds of entities extend and expand the boundaries of the enterprise, and make “collaboration” and “sharing” important.

Let’s take some examples. The Salesforce needs to share leads with distributors and resellers. The Product Design team needs to share CAD files with parts suppliers. Customers and Vendors need to share workspace often. Consultants, Contractors, Outsourcers often need to seamlessly participate in the workflow of a project, share files, upload information. All this, across a secure, seamlessly authenticated system.

Sounds familiar? Of course, back in the 90’s this is what we called (Extended) Supply Chain. I’m not sure we need to create another label just yet. But if and when something is so significant that it deserves a new name, let’s get a bit more creative … I’m with fellow Enterprise Irregular Thomas Otter, who humorously ranted:

  • The car isn’t called horse 2.0.
  • The lightbulb isn’t called candle 2.0
  • Fax (Facsimile) isn’t called letter 2.0

If we are so innovative in the 21st century, the least we can do is to think of some new terms that inspire. Think ROBOT, Television, Velcro, Radio, even scuba (Self-Contained Underwater-Breathing Apparatus) … If this stuff is really that innovative then it deserves a proper word.

Back to Sramana and “Enterprise 3.0”: next week she will be moderating a panel discussion of the MIT Club of Northern California, with the ambitious title: Enterprise 3.0: Where Is It Headed?. Excerpt from the event description:

Collaboration, wikis, blogs and social networking are new tools igniting the enterprise market. Service based models are emerging as alternates to desktop software and enterprise servers. In March 2007, Cisco acquired WebEx for $3.2 billion, stepping in with a splash in the enterprise collaboration space. Meanwhile, Google has assembled a whole suite of word processing, presentation, and spreadsheet tools and just acquired Postini, an email management company. Microsoft has been adding collaboration and knowledge management capabilities to its Windows Platform and just announced plans to offer Web-based versions of its applications. Then, there are exciting startups that are offering alternatives.

This panel will explore the impact of Web 2.0 on the prosumer i.e. the individual user in the enterprise and the evolution and integration of office tools, communication and collaboration technologies.

Sounds vintage Enterprise 2.0, if you ask me.smile_wink That said, I think it’s an exciting subject, and they will certainly have a first-rate panel:

  • Tom Cole, General Partner, Trinity Ventures
  • Cliff Reeves, GM, Emerging Business Unit Team, Microsoft
  • Jonathan Rochelle, Product Manager, Google Docs and Spreadsheets
  • Sridhar Vembu, Founder, CEO, Zoho / Adventnet last minute change: the event site now lists Tim Harvey, VP Planning, Webex, Cisco Systems instead of Sridhar Vembu.

Whatever we call it, I plan to be there. If you are reading this blog, chances are you’re also interested in these subjects, so if you happen to be in the Bay Area Wednesday evening, perhaps I’ll see you there. Here’s the registration page. (Warning: the form is way too long, asking for way too much information – vintage 1.0 stylesmile_omg)

Additional reading: Open Gardens, Portals and KM, Anne Zelenka, Luis Suarez, the FASTForward Blog, Read/WriteWeb, Chris Pirillo, Fake Steve Jobs smile_tongue , just to name a few…

Update (8/21): as much as I hate this 2.0-3.0 labeling, I like Don Dodge’s new formula: Web 2.0 = web app + 2 founders + 0 revenue

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Google’s Candid Camera

Wow, a Google StreetView Chevy just turned in the cul-de-sac, I saw it from the window. (Thank God I was inside and … hm.. not doing anything nastysmile_wink) I

I wonder how long it takes for the pics to show up on Google StreetView – we’re a small town, after all…

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TechCrunch 9(00) at August Capital

The wait is over: what was first dubbed as the Second Annual TechCrunch Meet-up at August Capital is now officially TechCrunch 9. If you attended TechCrunch 7 at August Capital last year, and are wondering what you may have missed… relax: # 8 was the New York Party – proof that there is entrepreneurial life outside Silicon Valley. (is there? smile_tongue)

When Mike Arrington published the participant list, I dropped it in a spreadsheet to get a quick count: it was 809! Considering that last year with 500 on the list we were 700 , I figured 1000 would be a safe bet.. and started to wonder if August Capital’s huge terrace is strong enough to hold 1000 people. Security was stronger than last year, so perhaps that explains why the final turnout was around 900. Here’s a snapshot of the TechCrunch 900, courtesy of Jeremiah Owyang.

I’ve made a strategic mistake: got “stuck” with some long-not-seen friends in a corner, and before I realized it, the party was already winding down. As I browse through the photos by Mike Arrington, Scott Beale, Jeremiah, Thomas Hawk, Dan Farber, Brian Solis and others, I’m surprised to see many familiar faces of friends I haven’t bumped into at the party.

I actually wonder if the best-informed “attendees” were those who were not even present. UStream.tv as well as competitor Kyte.tv broadcasted the event to the World, along with a chat room, so the total number was definitely in the thousands. Centernetwork’s Allen Stern liveblogged the party – from 2958 miles away, based on the Ustream.tv feed and chat room.

What a difference a year makes! Sarah Myers got thrown out last year as party-crasher; this year she was officially invited (hey I like the new hair-stylesmile_wink) what’s more, if anyone is interested in not just the party details, but the (mostly) startups demo-ing their ware, there’s hardly a better summary than Sarah’s video:

Wow, that’s 16 companies in 2 minutes. Congrat’s to Sarah and the interviewees, almost all were concise, delivered the message. If I may give some advice, when you have 10 seconds, don’t waste it on phrases like “revolutionary product”. It may very well be, but it does not tell me what you do…

But I don’t want to be the judge – much rather have you, dear reader pick the best and worst pitch. Please do it in the poll below – you’ll need to scroll down to get the full list, and if you read this in your feed, you may have to click through.

Update (7/30): Please vote based on the video pitch above, not what you’ve seen at the party, if you were there.

Last, but not least, this was the first TechCrunch party where tickets were “sold” for a nominal fee of $10 – the proceeds were matched by TechCrunch and a total of $10,000 was donated to Kipp Bayview Academy towards the purchase of new computer equipment.

See you at TechCrunch 10 martini

Update (7/30): I’ve just noticed a trend:

TechCrunch 3: approaching 300 participants

TechCrunch 5: 500

TechCrunch 7: 700

TechCrunch 9: 900

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SVASE VC Breakfast with Ann Winblad of Hummer Winblad Venture Partners

After a long break I’ll be hosting another SVASE VC Breakfast Club meeting tomorrow, June 28th in San Francisco.  As usual, it’s an informal round-table where 10 entrepreneurs get to deliver a pitch, then answer questions and get critiqued by a VC Partner. We’ve had VC’s from Draper Fisher,  Kleiner Perkins, Mayfield, Mohr Davidow, Emergence Capital …etc.  Tomorrow we”ll have the honor of welcoming Ann Winblad, Partner, co-Founder of the first exclusively software-focused venture firm, Hummer Winblad Venture Partners.

These breakfast meetings are a valuable opportunity for Entrepreneurs, most of whom would probably have a hard time getting through the door to VC Partners. Since I’ve been through quite a few of these sessions, both as Entrepreneur and Moderator, let me share a few thoughts:

  • It’s a pressure-free environment, with no Powerpoint presentations, Business Plans…etc, just casual conversation; but it does not mean you should come unprepared!
  • Follow a structure, don’t just roam about what you would like to do, or even worse, spend all your time describing the problem, without addressing what your solution is.
  • Don’t forget “small things” like the Team, Product, Market..etc.
  • It would not hurt to mention how much you are looking for, and how you would use the funds…
  • Write down and practice your pitch, and prepare to deliver a compelling story in 3 minutes. You will have about 10 minutes, the first half of which is your pitch,  but believe me, whatever your practice time was, when you are on the spot, you will likely take twice as long to deliver your story. The second half of your time-slot is Q&A with the VC.
  • Bring an Executive Summary; some VC’s like it, others don’t.
  • Last, but not least, please be on time! I am not kidding… some of you know why I even have to bring this up. (Arriving an hour late to a one-and-a-half-hour meeting is NOT acceptable.)

Here’s the event info page, but unfortunately this one is sold out. 

See you in San Francisco!

 

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Guy Kawasaki to Speak at my Birthday Party

Well…sort of…smile_wink  SVASE, the Silicon Valley Association of Startup Entrepreneurs and  Garage Technology Ventures picked my birthday, June 5th for their joint mega-event,  Launch: Silicon Valley 2007Guy’s presentation has a long-winded title:

How I Launched a Web 2.0, User-Generated Content, Citizen Journalism, Long-Tail, Social Media Site for only $10,918.09

His recent startup, Truemors sparked quite some interest.  Some thought it was amazing to launch it at such low cost, others thought he was ripped off, the whole thing is WordPress with a plugin…  It certainly sparked quite a conversation, so whether you think Truemors is the Next Big Thing or all fluff, come and hear Guy discuss it.

Of course Launch is about a lot more: Out of 160 applicants  in the areas of information technology, mobility, security, digital media next generation internet, life sciences and clean energy 30 startups have been selected to present to an audience of VC’s, media, movers-and-shakers on June 5th in Mountain View.  The presenting companies are:

BooRah

Catalog Data Solutions

ClearlyBest.com

Concilio Networks

Connectance

d.light design

Datamash Corp.

Data Robotics

Exinda

Eyejot

fix8, a division of Mobinex

FogScreen

GroupScope

H3.com

Industrial Origami

Jaxtr

Kongregate

LogSavvy

MyShape

Nuvora

Ready Solar

Redwood Renewables

Sensl

Shapewriter

SnapJot

Spresent

Telid

VastPark

Wrike

Yodio

They will all have a demo-table set up in the networking area.  Talk about networking, it really starts the day before, at a Pre-Event Party at a prestigious location in Palo Alto for Presenting Company Executives, Registered Audience Members, Bloggers, Press, Sponsors, Advisory Board and invited guests.

Finally, since it’s my Birthday Party, I get to give away discounted tickets:  $145 instead of $195 for non-members, and $125 instead of $145 for SVASE members.   Take advantage of the special rate, and hope to see you there.

 

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TiEcon 2007: “The New Face of Entrepreneurship” is a 13-year old CEO

I’m at TiEcon 2007, this may very well be the only conference that started on time: at 8:45 sharply. This took most participants by surprise, still busy getting breakfast outside.  But before we know, Kaval Kaur, co-Founder of Virsa, a company acquired by enterprise software giant SAP is up on stage.  She is a dynamic speaker, and a perfect inspiration for entrepreneurs or entrepreneur-wannabes in the crowd. 

But … what’s happening?  She is interrupted by a kid with a microphone in hand.

“Hi – are you looking for your parents?

No. I’m looking for funding.”  

The “kid” turns out to be Anshul Samar, 13-year old CEO of Elementeo, a battle-game of .. chemical elements.  (Gee, I barely knew what chemistry was at his age).  Anshul looks like a 13-year old, but speaks like an adult. He knows what he wants: the goal is to achieve $1M in revenue by the time he finishes high middle school, which is next year.  Watch out Ben Casnocha, you’re record is about to be broken!smile_wink.  Elementeo is an exhibitor at TiEcon, they have a booth, and will attend the Entrepreneurs Bazaar.  Something tells me they will soon be funded….

TiEcon 2007 barely started, but in the first 20 minutes it made an impact.  A great start… now on to Tim O’Reilly and a list of distinguished speakers.

Update (5/18): I’m not the only one who found Anshul the highlight of TiEcon: read VentureBeat:  Elementeo’s 13-year-old CEO, highlight of TiECON.

TiEcon has uploaded a video interview with Anshul.