Archive for July 17th, 2007

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It has been quite an evening for the world of business media. First came news that News Corp. has reached a tentative agreement for the purchase of Dow Jones & Co. at its original $5 billion offer price. The deal is going before the full Dow Jones board this evening for its approval, according to the New York Times.

This means News Corp’s Rupert Murdoch, already a significant media mogul, will now likely own the venerable Wall Street Journal, America’s most respected business publication. WSJ reporters will be walking around dazed by this. Many expressed disdain for Murdoch, saying he holds his own publications to lower standards than those of the WSJ.

Finally, we note that citizens journalism efforts are also having a tough time, and people are trying to draw lessons. source


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Following are the useful resources for startups that i collected, if you have any other please share here.


Y Combinator

On Startup


Jason Calacains

The 18 Mistakes That Kill Startups

How to start a Startup

10 Rules for Web Startups

Web startup toolkit

25 Startups that are reinventing the web

Seth Godin’s Web 2.0 Traffic Watch List

Web 2.0 Name Generator

Read/Write/Web on Startups

How a six-month-old startup got bought by Google

Alan Graham – Tales from the Web 2.0 Frontier

Micro Persuasion

Web 2.0 Central

10 Steps to a Hugely Successful Web 2.0 Company

The Startup News

7 Tips for Naming Your Web 2.0 Startup

John Chow dot Com

Startup Do’s and Don’ts

Red Herring

Fast Company


Business 2.0

Business 2.0 blog

Please share if you have any good link that could be of useful for entrepreneurs.

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The Pitch: We’ve built an online market for parking spots. Drivers can search for three things: spots in garages (we have agreements with hundreds of commercial garages); private spaces advertised by anyone with a driveway or garage; and on-street parking. In the first two cases, the seller pays us a 1 to 3 percent commission. With on-street parking, the person vacating the spot sells her information–where she’s parked and when she’s leaving. We will launch beta versions in New York City, Boston, and San Francisco later this summer.


Company Profile

Company: SpotScout

Owners: Andrew Rollert, 33

Location: Cambridge, Mass.

Employees: 7

2006 Revenue: 0

2007 Projected Revenue: $2.6 million

Investment Needed: $5 million for marketing and sales staff to help the company expand

Clients: Drivers in congested cities and advertisers who buy banner ads on SpotScout’s website

Investors React

Go slow

The idea is very clever. But the part of his business that has generated the most buzz–selling information about on-the-street spots–will never work. How would you like to pay for the right to use a spot, and maybe even drive there and wait, and then have some guy who’s never even heard of SpotScout pull in ahead of you? That doesn’t mean the business concept can’t work, but it needs to revolve around private parking spots and commercial garages. My suggestion would be to raise up to $1.5 million from angels now, and raise the rest from venture capitalists later.

Bill Payne
Investment committee chair
Vegas Valley Angels
Las Vegas


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The most inspiring story of MindTree Journey. Very less company share the story of Entrepreneur Journey. I think most of the people have read this, But still i like to present on my blog.

Here are some excerpts.

June 17, 1998: Karavali Restaurant
In April 1998, after a decade with Wipro, I moved to Lucent Technologies. Lucent wanted to set up their Bell Labs Development Center at Bangalore. While at Lucent, I had the opportunity to work on a strategic study of the future of the Indian Software industry. During the course of this study, my eyes were opened to several things. It was clear to me that the 21 century will be to the service industries what the 20 century has been to the manufacturing industries. I also realized that every thing that we see around us would be either software enabled or software constrained. Given that, I felt that there would be insatiable demand for software services all over the world. Yet, companies who try to fill that need with just software skills will not be leaders. In fact, people who will lead in the emergent space will need to deliver not software, but what I call “knowledge enabled software”. Many of today’s software services companies will not be able to be leaders in the emerging future. Because, knowledge enabled software requires six things. These are:

Domain capability
Extensive use of tools
Innovation and
Brand positioning.

I felt that given early emphasis on these, an opportunity exists to create the next generation, post millennial software solutions company. In the process, I also wanted
to create a value based, socially sensitive organization that would make an up front commitment to societies in which it works. The day the idea germinated in my mind,

I made a call to Krishna Kumar. Krishna Kumar was the Chief Executive of Wipro’s Electronic Commerce Division. Son of a railway doctor, KK as we call him, did his engineering at Guindy – followed by a management degree from Xavier’s, Jamshedpur.

KK had an illustrious career behind him. Though his first job was at ORG, his real career spanned 18 years in Wipro. He grew to become the Head of Northern Region at Wipro Infotech before becoming the Chief Marketing Officer of the organization. Then came the dramatic shift. He agreed to President Ashok Soota’s idea to take over and revamp the Human Resources function. The company critically depended on it as it had aggressive growth plans as a software services exporter. When KK was Group VP for Human Resources, I was the Chief Executive of Wipro’s Global R&D. As a line business head,

I was KK’s internal customer and we often worked issues together. There was a strong bond developing between the two of us, though we met socially only once in the ten years

I spent in Wipro. Whenever I used to size up people, my highest rated person was typically one who would fill two conditions: someone I would love to work for and some one

I would call first, if I ever got into my own business. KK met both criteria. So, one day in June 1998, I called KK and invited him to lunch. 17 June, we agreed to meet. It turned out to be a day that changed our lives, and many other lives.

Download PDF : There are two PDF’s on MindTree Corporate Site. Please read both of them.

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Google Inc. is developing a new search service for cellphones that will help consumers find and buy ring tones, games and other mobile content as the Internet company pushes more deeply into wireless, people familiar with the matter say.

With the new system, users would search for a piece of content — say, a U2 ringtone — and get back a list of providers as well as links enabling them to easily purchase the material. Eventually, Google would charge companies for high placement in the search results, much the way it offers “sponsored links” on computer Web searches, the people familiar with the plans say.

The company has been working for months with content providers — including large entertainment companies and smaller mobile-media aggregators — to index their material and make it available via mobile search. But the project has been marred by a series of technical delays, people familiar with the matter say, illustrating that there’s a learning curve as Internet giants adjust to the peculiarities of the mobile world. It isn’t clear how soon Google plans to launch the service.

Overall, the service would work much like the Google Product Search service, formerly known as Froogle, people familiar with the situation say. A spokeswoman for Google declines to comment.

Though mobile content is still a small market, it is growing quickly. Global sales of music, video, ringtones and other content reached $27.4 billion last year, and they are expected to grow to $59.3 billion by 2011, according to the technology-research and consulting firm Yankee Group.

Google’s mobile search isn’t promoted by carriers, but consumers are beginning to discover it. Google has a separate search service that lets users send a text message to “googl,” or 46645, to look up a local business.


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NEC has some most interesting Ubiquitous Networking Devices Visualized by Designers.

After going through the whole site, these devices stimulated my neurons & excited me very much, as i am crazy about the mind blowing Technovation.

Lets share and learn together.

Whats your imagination about the product’s?


A Pen-style Personal Networking Gadget Package

It seems that information terminals are infinitely getting smaller. However, we will continue to manipulate them with our hands for now. We have visualized the connection between the latest technology and the human, in a form of a pen. P-ISM is a gadget package including five functions: a pen-style cellular phone with a handwriting data input function, virtual keyboard, a very small projector, camera scanner, and personal ID key with cashless pass function. P-ISMs are connected with one another through short-range wireless technology. The whole set is also connected to the Internet through the cellular phone function. This personal gadget in a minimalistic pen style enables the ultimate ubiquitous computing.



Ubiquitous media chip.
In this service proposal, RFID chips hold the usage rights to images and music available on the network. The chips are covered in a gummy capsule, and are edible after use. When the play unit is connected to the container, the basic unit, it can be used as an audio player. By setting it in the cradle connected to the display through wireless LAN, users can also enjoy visual contents. The chips are sold in packages just like candies. Blank chips on which users can allocate data will also be available.

Visual Memory in a Bracelet.
Just like our memories come alive when we take our favorite objects in our hands, visual memories and their tools should be more closely related. The performance of visual memory devices, such as resolution and memory, will eventually reach their usability saturation points. However, just like wearing wristwatches, they will be worn like accessories rather than highly functional tools. Looking into the landscape through an opening, this bracelet will capture visual images in the angles adapting to the distance from the viewers’ faces through distance sensors installed in the device. Furthermore, users can browse through the visual images on its viewer and also display them just like a picture frame.


tag tag

Soft-shell mobile phone.
“tag” is a new, malleable, casual communicator. It is not only soft but also flexible, for example, it can be hung from a belt or wrapped around the user’s arm. Shape-memorizing material and multiple pressure sensors allow the phone to change its shape according to the mode. The user can also alternate the mode by changing the shape.


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