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VC's invest in tech. 85% of tech are male. Only 4% of females get funded and they're engineers. The innovation has become second to tech. That's the issue. More women entrepreneurs are creative, with exceptional credentials in their start up field. But they don't get funded because again, it comes back to tech, even if the males have zero experience in their start up. VC's need to change their attitude because they're missing out on incredible start ups. They need to focus on innovation and not gender. It's that simple.
4 months, 3 weeks ago on Listen to our PandoWeekly interview with Catherine Bracy about inequality in Silicon Valley
So by saying 'we are the something of something else' kills the objective of innovation. Entrepreneurs don't just make a mash up, some of us create a unique business that can be said in 1 minute, but absolutely not 8 seconds. The idea of a start up is to disrupt and not simply mesh past successes because it's familiar and no-brainer to appease investors. Originality, unique and creating something different is what it's all about so sorry but I disagree with this narrow-minded theory :(
4 months, 3 weeks ago on Why your startup pitch should be 8 seconds long
The most irritatingly fab game game ever but not late at night. Never play just before you go to sleep - you literally dream about dots flashing before your eyes...all night!
5 months ago on Joining the Dots: Betaworks’ popular game is headed to Android
Start ups should not be feeling 'forced' to have a business model - they should automatically have thought of this as paramount as the innovation! By not having a business model, it's like adolescent kids playing for free in a sandbox, funded by VC's. Obviously there are the success stories like Instagram that has zero business model, but to run a business, you should include a revenue stream as standard. Every other industry operates this why - why are start ups any different and feel they're absolved from using their brain to make money from their innovation? Ridiculous!
5 months ago on Betaworks’ John Borthwick: VCs are judging startups by the wrong metrics
His post was way too long and if he'd have just stated the specific facts, more people would have read it. Nevertheless, he must have reached breaking point based on the wrath he received, resulting in this rebuttal. This was to be a happy celebration and if his environmental facts are true, he deserves to put the record straight. So good for him for defending his ethics. But in future, a blog post vs a novel would be more sufficient.
5 months, 1 week ago on Sean Parker is right
What a brilliant article and absolutely true - tech is favored over marketing/branding repeatedly. But the more of us creatives, building companies and breaking through this barrier, is the key. Rules are there to be changed. Just because you have tech experience doesn't mean you have a clue how to launch - which is why you then bring in creative. So why not invest in the creative as equal importance as tech? Both are easy to find - coders are a dime a dozen, the same as creatives. So the shift towards tech centric bias as predominant, doesn't remotely make sense because it's exactly the same risk factor. The focus should be purely on the innovation as paramount, based on the founders experience. And there you go :)
5 months, 2 weeks ago on The startup bias: How American consumer product innovation and exports are being hindered
@mengwu @jholyhead Narrow minded response, sorry. SFTU (quote): Landlords can also pass on some costs to tenants automatically (without having to petition the Rent Board), including 50% of recently adopted bond measures, increases in PG & E costs (when paid by the landlord), and a portion of the annual "Rent Board Fee" which funds the SF Rent Board, In addition, landlords can petition for "Capital Improvement" rent increases and "Operating & Maintenance" rent increases. If tenants believe they have received an illegal rent increase (now or in the past) you should come in to the SFTU drop in clinic and you can file a Wrongful Rent Increase petition at the the Rent Board to get your rent overpayments refunded and your rent set correctly.
Remember, every time you do a home improvement, you can charge this fully to your tenants so your full ratio of inflation/rent control absolutely works in the favor of landlords. Rest my case and now done with this topic while you discuss the landlord-victim roles. Gotta go and have a stack of work to get thru :D
5 months, 4 weeks ago on A San Francisco rent control parable
@jholyhead Actually it doesn't. You buy a home and rent all or part of it out. Your taxes increase annually along with inflation, the standard rent control also increases. Factually speaking, the rent control % increase per year is higher than inflation and taxes so landlords are still making profit.
And as Brian stated ('what you said makes no sense'), he needs to realize this before claiming such accusations: SF is based on a hub of people who want to make change and live in an inspiring environment. If they know each year, landlords will jack up rent to extortionate levels because some company in the valley goes IPO and rental prices increase so everyone moves up north, this kills the momentum of the energy and environment in the city. Entrepreneurs will then see they have 12 months exactly to make it big or they'll never afford next year's rent. So a smaller percent will only rent to avoid the risk while the others will live further out in the Bay area, reducing ongoing momentum through dilution of living dissipation. It's a no brainer.
You're a landlord then you have two choices: sell your place or abide by the laws for renting. If you rent out, you'll still make cash. It's that simple!
Rent control does not stop homes being built! Your choice to rent out, your choice to buy, your choice to follow SF laws. If prices go through the roof annually, start ups dilute because its hard enough being an entrepreneur, aside financial security and a roof over head to pay rent. So don't rent, but don't be a schnorrer (sp) over your mortgage. If you don't like it...sell your home :D
You don't like rent control as an owner but for tenants, it's affordable living. How can you appreciate the SF startup life of budding entrepreneurs who make the whole system that SF is globally prided on, if you charge extortionate fees? So bite the bullet and aim for someone who'll stay a few years and then move on. Jacking up rent each month dilutes the energy. It's about the big picture, not just your wallet :)
That doesn't even make sense to me because insanity is repetition, and entrepreneurs are creating new and innovative companies that are not remotely based on anything repetitive. How incredible strange. Why do people never get the definition of insanity correct?
9 months ago on Advice from investors at LAUNCH: Be insane, but not too insane
Hellofax rock - been using them about 8 months and a huge fan!
11 months, 1 week ago on With peer pressure and actionable advice, HelloFax aims to kill paper in 2013 (for good this time)
Omg, worst article ever and so cynical. Muni is amazing - no smog or pollution, most buses run on time. They're not filthy and they're never so crowded you feel like you're on the London tube. Sorry, but apart from the cost ratio factor, I don't agree. Be proud of our electric buses. Yes, it's fine to walk and thousands do but we need public transport and Muni is not crap. Try LA's public transport for one day and you'll soon be hugging it out with a muni!
11 months, 1 week ago on Muni is 100 years old. Too bad it won’t die like a human that age
Gosh this whole blog/commenting is so insanely negative I need to disinfect my browser! This isn't a sexy industry so the show had to be pepped up for TV viewing. Raising $500k for hardware though in 2012 is a massive achievement. Some of the 'stars' were oddball, some were barely featured because they just code. But...give everyone credit for trying at least to portray something different.
11 months, 3 weeks ago on The nightmare is over: Bravo dumps final two “Startups: Silicon Valley” episodes in another time slot downgrade
The book isn't dead at all and I also got really lost in this huge blog post's direction 1/3 of the way through. Either way, the world doesn't revolve around only kindles, ipads etc and the valley. Books are incredible and they are absolutely going nowhere. Please be more respectful to books and its history.
11 months, 3 weeks ago on The book as we know it is dead
Interesting - he's moving to LA so his family have a closer knit but he'll be not with them during the week while he's in SF. Good for him for a long range vision and sacrificing his own needs for his family priorities.
12 months ago on SV Angel’s David Lee stuns Valley insiders with a move to LA
Fab article and yes, making money should never be the focus because it creates ill-intent and greed...which confirms you're never satisfied. Having an incredible product and innovating something that you truly believe in is key. I just saw an article in VB http://venturebeat.com/2012/12/11/seesaw-preview/ “I don’t really care if this product takes off or not,” Felser said (a Seesaw investor). This is the kind of stuff entrepreneurs should not be hearing from investors. A great entrepreneur believes in their product and their innovation...and so should everyone involved. That's what makes the Valley so unique.
12 months ago on What makes for a great entrepreneur?
Hmmm - two things. Airbnb didn't have their breakthrough at the convention. It was actually a false start because the second the convention was over, the traffic dropped and they had to start all over again. Their primary breakthrough (from talking with Nate) was realizing the apartment photos & overall image wasn't sleek enough so ramped this up and THAT was the breakthrough - trust in visuals to potential renters. Secondly - RelayRides have incredible traction from their GM deal. That totally takes them over the edge vs Getaround. They also didn't launch a year ago because I was involved in their early PR and that was around 2-3 years ago. Sorry to burst your article bubble :) And finally, why is your comment box not in ratio to the article font? Either the comment font is tiny or if I expand to 100% the article font is huge.
12 months ago on How RelayRides can really put car sharing on the map
@Ben Parr Rooting for you Ben but the deck clearly says 'celebrities' are integral. So how can 'the hollywood angle been overemphasized' when it's in your deck as the core of matching LA to SV? This is a question, pure intention, not to antagonize - just asking :)
1 year ago on #DominateFund badly misses the celebrity integration mark
Interesting start up! To note: Finally, a percentage of gift cards are never redeemed, either in whole or in part, making them free money paid to the store - $30b of $100b gift cards a year are not redeemed. In addition, retailers cannot class this as 'revenue' for 7 years. At myTab.co, we focus on travel gifting, saving and negotiating with suppliers to make the customer funds stretch further. Good to see more start ups are actually being proactive like we are vs just another gift app!
1 year ago on Jifiti: the gifting app that might save Christmas for the brick-and-mortar crowd