Rapportive Rapportive shows you everything about your contacts right inside your inbox. Imagine relationship management built into your email. For free. We started Rapportive because we wanted to communicate personally with people. Lots and lots of people. It turns out we weren't the only ones: users adore Rapportive, and pump over 20 million lookups through our systems every month.
Outcome Rapportive was launched in January 2010 by Rahul, Martin and Sam Raised $1M in August of 2010 from “blue chip” seed stage investors ….. Purchased by Linkedin for $15M in February 2012 It’s called a “single”. Great success!
www.Cofio.com Enterprise Data Protection services Distribute mid-enterprise
Patents Patent applications submitted in April-2011: 11001 US – Serial No. 13/079,206 – Data Management System With Console Module 11002D US – Serial No. 29/388,879 – Computer Management System 11003 US – Serial No. 13/079,185 – Method of Managing Data With Console Module 8
Outcome – TBD! Raised $4 Million from founders and friends Seeking $3 Million in secondary funding Strategic interest from Tier 1 data storage provider Possibilities: – Venture financing – Institutional funding – Reverse IPO – Hit the wall, crash and burn
Select Deals VentureDeal ( http://www.venturedeal.com ) http://www.venturedeal.com Sapphire Energy - Series C 144M + Mogl - $10M - Jon Carder TakeLessons - $6M - Steven Cox - http://www.stevencox.com/ http://www.stevencox.com/ BillMyParents - $5M Legend 3D - $19M Series E Skinit - $8M The Honest Company - $27 M - Jessica Alba (Series A!) DriveCam - $85M – M&A funds – Pushing towards an IPO, but….. – Check out DriveCam vs. SmartDrive Patent Litigation!
Patent Litigation and Tech SmartDrive Files Antitrust Counterclaims for "Sham Litigation" and Trade Secrets Violations by DriveCam – SmartDrive filing follows rejection of DriveCam patent claims by US Patent Office Facebook Smacks Back at Yahoo With Patent Claims in Counter-Lawsuit Samsung Hits Apple with Patent Counter Lawsuit Any thoughts on why Google is spending $12.5B to acquire Motorola Mobility?
Google Inc. (GOOG)Google Inc. (GOOG) is relying on its planned $12.5 billion purchase of Motorola Mobility Holdings Inc. to forestall patent litigation and force settlements with Apple Inc. (AAPL) and Microsoft Corp. (MSFT) over smartphone technology.Apple Inc. (AAPL)Microsoft Corp. (MSFT) Bloomberg 8/16/2011
Startup in a box How lean can you get? – http://www.linkedin.com/ http://www.linkedin.com/ – http://www.legalzoom.com/ http://www.legalzoom.com/ – http://www.hubspot.com/ http://www.hubspot.com/ – http://www.kickstarter.com/ http://www.kickstarter.com/ – http://angel.co/ - “Angelist” (Search TWiST #244) http://angel.co/ – https://www.elance.com https://www.elance.com – http://aws.amazon.com http://aws.amazon.com Startups are 10x Cheaper than 2000
Startup Insights Mark Schuster - http://www.bothsidesofthetable.com/http://www.bothsidesofthetable.com/ Dharmesh Shah - http://onstartups.com/http://onstartups.com/ Steve Blank - http://steveblank.com/http://steveblank.com/ Nivi and Navel http://venturehacks.com/http://venturehacks.com/ Guy Kawasaki – http://blog.guykawasaki.com Guy Kawasaki http://blog.guykawasaki.com – http://www.garage.com/resources/ Tim Ferris - http://www.fourhourworkweek.com/blog/http://www.fourhourworkweek.com/blog/ Seth Godin - http://sethgodin.typepad.com http://sethgodin.typepad.com Kaufmann Foundation – http://www.entrepreneurship.org/ http://www.entrepreneurship.org/ – http://startupdigest.com/ http://startupdigest.com/
Local Resources Facebook – Startup Circle San Diego – San Diego Tech Founders, Lean Startup Group CONNECT & Springboard program – http://www.connect.org/springboard/ http://www.connect.org/springboard/ EvoNexus - CommNexus Incubator – http://www.commnexus.org/incubator/ http://www.commnexus.org/incubator/ San Diego Venture Group – http://www.sdvg.org/ http://www.sdvg.org/ MIT Enterprise Forum – http://sandiego.mitef.org http://sandiego.mitef.org Tech Coast Angels – http://www.techcoastangels.com/ http://www.techcoastangels.com/
Startup Challenges Market research Business formulation Product development Intellectual property Technology licensing Partnership development Fund raising Due diligence Tons more….
Mission Critical Core vs. Context in Startup Priorities Preserving cash…. Securing and protecting intellectual property Building the team Raising funding Business model validation
Closing Thoughts Focus on mission critical value add Help the entrepreneur stretch funds Be a partner, not a service provider Rewards will come downstream Find a industry segment you are really passionate about… Seek out advice from “grey matter” experts :) – firstname.lastname@example.org