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Four reasons to attend SEVC 2012

Friday, February 17th, 2012

UPDATED – Fewer than 40 seats are left for the Southeast Venture Conference in Tysons Corner, VA. Here’s four reasons you may want to grab one of them.

  1. SevcLearn from top entrepreneurs like Netflix’s co-founder and OpenTable’s founderEntrepreneurs Marc Randolph,  co-founder and initial CEO of Netflix and Chuck Templeton, founder OpenTable, changed the concept of dinner and a movie.  Their companies transformed how people interact with the entertainment and dining industries.  Come share a drink and a meal with them and hear them speak about the strategies that led them to success and where they are investing their time and money for the next big thing.
  2. SevcTake in presentations by 60 companies driving regional growth and technology advancementWith a record number of presenting companies at SEVC, you have unparalleled access to the Mid-Atlantic and Southeast’s brightest stars. See the list of presenting companies here.
  3. SevcLearn the latest strategies and industry trends discussed by noted subject matter expertsOver 40 leading industry insiders and venture capital professionals will provide lively discussion and debate on the latest trends for M&A, Fundraising Strategies, IPOs, Venture Capital, Valuations, Hot Investment Sectors, Global Growth and more.
  4. SevcNetworking, Networking, Networking… Did we say Networking?Whether it’s setting formal meetings with investors and executives through our attendee networking platform or making lasting connections through hours of  networking breaks, meals and receptions – SEVC is designed to help you connect with leading venture capitalists and investors from around the US, peers and leading entrepreneurs.

Hundreds of venture capitalists, private equity investors, entrepreneurs, senior technology executives and others from the innovation community will be networking in force at this year’s SEVC.

Register today to nab one of the remaining seats at the region’s premiere venture forum.

Are you in one of the top ten riskiest online U.S. cities?

Wednesday, February 15th, 2012

Capitol building

DC is number one on the Norton list of the riskiest online U.S. cities.

The top ten riskiest online U.S. cities reads like a list of the top ten U.S. digital hubs, with DC, Seattle and San Francisco at the top, Boston in the middle, and Raleigh, NC just making it on the list.

Norton teamed up with independent research firm Sperling’s BestPlaces to uncover the nation’s top 10 cities1 that have the highest number of cybercrime risk factors.

The Top 10 Riskiest Online Cities in the U.S. are:

#1 – Washington, D.C.
#2 – Seattle
#3 – San Francisco
#4 – Atlanta
#5 – Boston
#6 – Denver
#7 – Minneapolis
#8 – Sacramento, Calif.
#9 – Raleigh, N.C.
#10 – Austin, Texas

Cities with the greatest risk factors do not necessarily correlate with the highest infection rates, reflecting the fact that many consumers are taking precautions to keep themselves safe.

“In our examination of the riskiest online cities, we’ve considered a number of factors that can potentially affect online safety,” said Bert Sperling, founder of Sperling’s BestPlaces and lead researcher for the analysis. “By looking at data from consumer lifestyle habits as well as cybercrime data provided by Symantec, maker of Norton products, we’re able to provide a holistic view of the various factors that put a person at potential risk.”

DC placed exceptioanlly high in all risk categories

Sperling’s BestPlaces determined the per-capita rankings by examining several consumer behaviors — from the prevalence of PCs and smartphones, to ecommerce, social networking and accessing potentially unsecured Wi-Fi hotspots, among others.

  • As the leading riskiest online city, Washington, D.C., placed exceptionally high in almost all the categories measuring potential risk, and had the second-highest reported usage of smartphones. The nation’s capital also ranked high among cybercrime data factors, including attempted malware infections and attempted Web attacks.
  • The second city on the list, Seattle, which was the riskiest online city in 2010, scored at the top in the majority of the categories surveyed, including email usage and social networking activity. Both Seattle and San Francisco (which ranked third), reported high numbers of Wi-Fi hotspots and hours spent on the Internet.
  • Residents of Atlanta and Boston, which ranked fourth and fifth respectively, share high rankings among the cybercrime data. In particular, Atlanta recorded the highest per-capita number of spamming IP addresses. Both cities’ inhabitants exhibit a tendency toward potentially risky online consumer behavior, such as online financial transactions.
  • The other cities in the top 10 include Denver, Minneapolis, Sacramento, Raleigh and Austin. According to the research, Denver and Minneapolis placed high among potentially risky factors within the cybercrime data. Sacramento, the only city that wasn’t included on the 2010 top 10 list, ranked above average across all categories, while Raleigh and Austin reported high levels of risky online behavior.

Detroit has something to brag about

“With the explosion of smartphones, tablets and laptops in recent years, and the rise of apps and social networking sites, our online and offline lives are blending together in ways that we’ve never before experienced,” said Marian Merritt, Norton Internet Safety Advocate.

“While there are many positive aspects as a result, this analysis highlights the potentially risky factors we face each time we go online. By taking a few simple precautions now, people can make sure they stay protected against online threats.”

Of the 50 U.S. cities examined, Detroit was once again ranked the least risky online city, returning low scores in the number of Wi-Fi hotspots, potentially risky online consumer behavior and PC expenditures. Other low-ranked cities include Tulsa and El Paso, which placed in the 48th and 49th spots, respectively.

Connect with 60 high growth tech companies at the Southeast Venture Conference

Tuesday, February 14th, 2012

Sevc 2012Make connections with 60 showcase high growth technology companies from the Southeast and Mid-Atlantic as they present to hundreds of executives from the region’s innovation, entrepreneurial and venture communities,  at the Southeast Venture Conference February 29th – March 1st at the Ritz-Carlton in Tysons Corner, Virginia.

In addition to presenting companies and hours of executive networking – the conference will feature a speaker line up including Netflix co-founder and former CEO, Marc Randolphand includes dozens of leading venture capital investors from groups like Lightbank and NEA; industry insiders from organizations including Bloomberg, Motley Fool and theNational Venture Capital Association; and other successful entrepreneurs such asOpenTable founder, Chuck Templeton.

This year’s presenting company line-up includes:

Register today to guarantee your space at the region’s premiere venture forum!

FBI on Steve Jobs: He will distort reality to achieve his goals

Friday, February 10th, 2012

Steve Jobs by Walter Isaacson

Walter Isaacson's Steve Jobs also made it clear that while he was a visonary marketer, he wasn't much liked by many.

The Washington Post says a lengthy F.B. I. report on Steve Jobs made when he was begin considered for a government position in President George H.W. Bush’s administration in 1991 paints a somewhat unflattering portrait of the late Apple founder and CEO.

The F.B.I. made the files public following a Freedom of Information Act request from the Post.

The report notes that “Several individuals questioned Mr. Job’s honesty stating that Mr. Jobs will twist the truth and distort reality in order to achieve his goals.”

Another described him as “shallow and callous to people in his personal relationships,” and mentioned his narcissism, but added, “he has far reaching vision and can vitalize plans and goals.”

A number of people interviewed said they thought Job’s was qualified for a job on the Bush Administration’s Export Council, even though they did not much like the man.

The report says people who knew Job’s questioned his lack of support for  his daughter born out of wedlock and her mother.

The files also disclose Job’s college use of marijuana and LSD and reveal that Apple received a mysterious bomb threat at one time.

It seems fairly clear from the files that Jobs stopped his drug use years prior to the investigation and drank very little alcohol.

Despite their distaste for Jobs personally, nearly all the interviewed people thought he was qualified for the government position.

 

 

Mobile is the new “normal” for federal employees

Wednesday, February 8th, 2012

Touch Screen PhonesMore than half of Federal employees use at least one mobile device at work, CDW-G found, and many are using personal devices to accomplish work-related tasks. Nearly all Federal employees who use a mobile device for work believe the device makes them more productive, and the majority say increased mobility will improve citizen service.“Mobility is the ‘new normal’ for Federal employees”

The report, based on a survey of 414 Federal employees and IT staff, examines current trends in mobility, how agency IT professionals are managing mobile devices, and the steps they are taking to secure Federal data.

Mobility is no longer just a nice-to-have capability, CDW-G found: Nearly all 203 Federal IT professionals (99 percent) said they have deployed mobile devices to their agency workforce. What’s more, 62 percent of those IT professionals said their agencies allow employees to use personal devices for work.

“Mobility is the ‘new normal’ for Federal employees,” said Bob Kirby, vice president of federal government for CDW-G. “Employees increasingly expect to be able to work anywhere and at any time. Agencies responded first by deploying mobile devices, and now they are enabling use of personal devices. And the Bring Your Own Device (BYOD) trend is likely to continue, following the Obama administration’s November 2011 executive order that asked agencies to limit the number of IT devices they issue to employees, including mobile devices, in order to reduce costs.”

Agencies are providing a good security baseline for mobile device use, with the majority establishing mobile data security policies (85 percent) and requiring data security training for mobile device users (84 percent). However, CDW-G found that there is room for agencies to improve security measures in order to protect sensitive data. For example, while 82 percent of IT professionals said their agency deployed encryption for mobile devices, far fewer said their agency protects mobile devices with multi-factor authentication (54 percent), remote lock and wipe (45 percent), and data loss prevention software (39 percent).

“Federal employees – just like those in other industries – access a wide variety of data in the course of their jobs, from financial information to employee and taxpayer records to email and social networking accounts,” Kirby said. “Employees understand the need to keep private information just that – private. But as cyber threats become increasingly sophisticated, they need a full suite of security tools to help them.”

Mobile device management (MDM) – over-the-air distribution of applications, data and configuration settings for all types of mobile devices – can help agencies deploy and manage security tools across the mobile workforce, while reducing IT management costs. While 71 percent of Federal IT professionals say they include MDM in their security efforts, CDW-G found that most are not deploying a full suite of security tools to agency and personal devices via MDM, revealing an opportunity to improve agencies’ security posture.

CDW-G recommends that agencies:

  • Evaluate and/or establish a BYOD policy
  • Assess their MDM needs
  • Audit their MDM tools to ensure they support the agency’s security goals
  • Incorporate the personal devices employees use for work into the agency’s MDM strategy

The CDW-G Federal Mobility Report surveyed 203 Federal IT staff and 211 Federal employees. The margin of error for the total sample is ± 4.8 percent at a 95 percent confidence level.

For a copy of the complete CDW-G Federal Mobility Report, please visit http://www.cdwg.com/federalmobility.

Netflix streams higher revenues, sees subscriber growth

Thursday, January 26th, 2012

Netflix heartDespite the brouhaha last year over Netflix splitting its streaming and DVD rental services, effectively doubling the cost of having both, the company posted better than expected Q4 results this week.

Netflix needed the boost. It saw its stock price slide 60 percent after the price hike and a failed attempt to split itself into two companies last year.

But Netflix earned revenue of $876 million in Q4, compared with $596 million in the same period the year before, although net earnings actually dropped to $41 million or 73 cents a share compared with $47 million and 87 cents a share a year ago.

Despite a loss of 800,000 subscribers in Q3, the company saw Q4 subscriber numbers rise to 24.4 million, up from 23.7 million last year.

The company faces competition from Amazon, Hulu, and other streaming video sources.

We find Netflix particularly useful to watch those novelistic TV series, especially when they’re available to stream. We caught Downton Abbey, Spartacus, and a bevy of older BBC productions that way.

You can hear Marc Randolph, co-founder of Netflix, at the upcoming Southeastern Venture Conference, Tysons Corner, VA, Feb. 29-March 1.

Early registration discount for Southeast Venture Conference ends Friday

Thursday, January 19th, 2012

Speakers headed to the 6th Annual Southeast Venture Conference in Tysons Corner, VA, Feb. 29=March 1

Early, discounted regsitrations  for the Southeast Venture Conference at Tysons Corner, VA, Feb. 29-March 1 end Friday, Jan. 20. This year the SEVC features Marc Randolph, co-founder of Netflix, Chuck Templeton, founder of OpenTable, Mark Heesen, president of the National Venture Capital Association,  top venture capital firms and innovative tech startups.

Randolph is a leading Silicon Valley investor in addition to being co-founder and former CEO of Netflix. Randolph and Templeton are just two of the hundreds of leading venture investors and entrepreneurs headed to this year’s event.

VCS representing $50B in capital attending

Venture capital firms at the event represent $50 billion in investment money.

The 6th Annual Southeast Venture Conference also features presentations from more than 60 of the hottest Southeast and Mid-Atlantic high growth tech companies. Companies that presented at the 2011 SEVC had average revenues of $6 million.

Also on the agenda: Paul Lee, partner, Lightbank, Marshall Brain, founder of HowStuffWorks.com, Jalak Jobanputra, venture investor, New Venture Partners, Harry Weller, general partner, NEA, Sean Marsh, co-founder, Point Judith Capital, Robert Peterman, Toronto Stock Exchange, and Roland Reynolds, managing director, Industry Ventures.

New this year

New this year is a pre-event networking platform, which will allow attendees to connect ahead of the event, increasing the opportunities to make it even more productive.

The Southeast Venture Conference is the premiere venture forum in the region and has sold out every year. Register here.

 

What SOPA really means to business & innovation (infographic)

Friday, January 13th, 2012

stop SOPA

The tech and Internet communities have mounted a campaign to prevent passage of the SOPA bill.

U.S. Representative Lamar Smith, (R-Texas) told Reuters Thursday that opposition to the controversial Stop Online Piracy Act (SOPA) has not deterred his determination to get the bill passed.

SOPA, widely opposed in the tech and Internet communities, faces a hearing in the House Jan. 18, when a group of security and tech experts will testify. Numerous large Internet sites and blogs plan a blackout the day of the hearings to increase awareness of the bill’s potential disruption of the Internet.

While intended to prevent rampant piracy and backed by the film and music industries, the bill is vaguely written. It is supposed to apply to foreign sites only, but its provisions, criticized by many, could allow copyright holders to have sites with alleged copyright violations blocked by ISPs, removed from search engines, or prevented from doing business via PayPal or other online payment services.

The bill has no protections against false accusations of copyright violation.

Boing Boing’s Cory Doctorow argues that the bill reflects ignorance on the part of lawmakers as to how the Internet actually works. — Allan Maurer

Business Insurance.org created this infographic on what the SOPA bill could do to business and innovation:

infographic

LivingSocial closes $176M round; Siri’s future; xxx domain name rush, more

Thursday, December 8th, 2011

LivingSocialLivingSocial, the DC-based daily deal site that is the second largest player in the space after Groupon, has raised $176 million in new funding, according to a filing with the U.S. Securities and Exchange Commission.

JP Morgan, Lightspeed Ventures and Amazon.com participated in this round, which Venture Beat reports is the first tranche of a $400 million raise.

The company has raised a total of $808 million. It has spent about $353 million to acquire SocialMedia.com, TicketMonster and Urban Escapes.

It delayed a planned $1 billion initial public offering of stock earlier this year.

LivingSocial presented at TechMedia’s 2009 Southeast Venture Conference (SEVC). The next SEVC is coming up in Tysons Corner, Va, Feb. 29-March 1.

For an overview of the daily deals space in 2011 see this infographic.

Apple job announcement hints at changes to Siri

After testing a number of smartphones and tablets, we’re convinced that voice control of these devices is the way to go. Typing on virtual keyboards may get better like all manual skills as one practices, but it’s never going to be an ideal way to use electronic devices.

Now, Apple has posted jobs for two iOS engineers to help develop an API for Siri, the voice personal assistant on the iPhone 4S. The API would extend the applications users could run with voice commands.

The jobs are for a junior engineer and a senior engineer and the postings explain what Apple wants from them.

New xxx domain names selling fast

ICM Registry sold more than 55,000 xxx domain names in a matter of hours, with a total of 159,000 plus sold by noon yesterday.

Many of the domain names will not be adult sites, but rather were registered by non-adult firms to prevent adult sites from sullying their brands.

Amazon launches $6M fund for indie Kindle authors

Amazon has started a new fund called KDP select, with $500,000 available for December to encourage authors to publish works exclusive on the Kindle for 90 days.

Russ Grandinetti, vice president of Kindle Content said,“By choosing KDP Select, independent authors and publishers have an opportunity to make money in a whole new way and reach the growing audience of Amazon Prime members, for KDP Select authors, and we hope to add more such tools over time.”

After the 90 days, the books will then go to the Kindle Owners Lending Library, which allows users to check out books for free, although Amazon will pay authors a fee. The Kindle lending library has stirred up some controversy among authors’ groups and publishers, but that’s nothing new for Amazon.

All this comes on the heels of Amazon’s quite successful launch of its 7-inch tablet, the Kindle Fire, which reports say may already be second to the iPad in tablet sales. We wonder if that will continue to hold true as other inexpensive tablets hit the market, such as the new one announced by MIPPS Technology.

 

DC, LA, Seattle, Chicago, Texas, closing in on venture hot spots

Tuesday, December 6th, 2011

mapOver the past few years, research from Pricewaterhouse Coopers has indicated that three areas of the US – Boston, New York, and Silicon Valley – dominate the venture capital scene, but Los Angeles, Northwest/Seattle, Midwest/Chicago, Texas, and the D.C. Metro area are closing in as new hot spots, according to new research.

Last week, Boston venture capital firm OpenView Partners released its latest research report on geographical and sector trends for technology companies in the expansion stage. The research conducted by OpenView Labs focused on identifying areas outside of the big three that have secured venture capital in the first half of 2011.

According to the team’s research Los Angeles, Northwest/Seattle, Midwest/Chicago, Texas, and D.C. Metro area are all on the verge of becoming hot spots for receiving venture capital. As young companies continue to secure funding away from the traditional hot spots, each of these areas has worked to carve their own niche in the investment landscape.

The report features commentary from venture capitalists including Howard Morgan of First Round Capital, Chris Girgenti of New World Ventures, Greg Gottesman of Madrona Venture Partners, and George Roberts of OpenView Partners.

“Recently a CEO told me he was turned down for capital because he company isn’t location in Silicon Valley. That story saddened me because OpenView would never make such a statement; we go to them, rather than telling a company to come to us,” said George Roberts.

The research revealed the following: 

  •     50 deals in the D.C Metro area totaling $189.3 million in investment
  •     75 deals in the Midwest totaling $455.3 million in venture capital (all data current through Q2 201)
  •     Investments total $479.9 million in the software sector and $376.5 million in media and entertainment sector across the 5 areas analyzed in the study

The full report.

Mid-Atlantic and DC area entrepreneurs looking for a way to connect with top venture capitalists might want to consider attending the upcoming Southeast Venture Conference at Tysons Corner, VA, Feb. 29-March 1.