The May Report: 9/28/2010: Fieldglass gets more than $200MM from Madison Dearborn!; AOL buys TechCrunch for undisclosed sum; Steve Levitt wows the LES conference; Great turnout and energy at midVenturesLAUNCH’s first day; Dave Pearah has bolted Allscripts and a TMR scoop coming from Ron connectiing the dots: He is going to Emmi Solutions as CTO; Ed Domain talking to Syncubator about funding
The May Report: 9/28/2010: Fieldglass gets more than $200MM from Madison Dearborn!; AOL buys TechCrunch for undisclosed sum; Steve Levitt wows the LES conference; Great turnout and energy at midVenturesLAUNCH’s first day; Dave Pearah has bolted Allscripts and a TMR scoop coming from Ron connectiing the dots: He is going to Emmi Solutions as CTO; Ed Domain talking to Syncubator about funding
Editor and publisher: ron@themayreport.com, ronaldmay@aol.com, www.themayreport.com , 773-525-3944.
Assistant editor: Melanie Adcock, iPHONE: 312-259-0610, melanie_adcock@msn.com
If you missed an article, go here: www.tmronline.com/A55951/tmrarticles.nsf/vwFullNewsletter
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Announcing Early Registration for 3rd Annual Business Innovation Conference October 4-6, 2010
Top-tier Innovation Conference Features Thought Leaders from Business, Government and Academe
WHAT: 3-day business innovation event with 6 high-impact workshops, 18 outstanding speaker presentations, and 5 compelling keynote addresses from a diverse range of industries and domains
WHEN: October 4-6, 2010
WHERE: IIT Rice Campus, 201 East Loop Road, Wheaton, IL 60189
The 3rd annual Business Innovation Conference is a premier educational and networking event bringing together leading innovation experts and practitioners from business, academia and government to exchange experiences and knowledge about the science of innovation. The conference focuses on the tools we now have to master innovation so that we can become continual thinkers, capable of innovating on demand, and managing innovation teams to predictable outcomes.
Attendees will also make invaluable professional connections and have opportunities to share ideas and experiences with other accomplished innovators from around the US and the world.
For more information, including registration instructions and sponsorship opportunities, please visit www.businessinnovationconference.com
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TABLE OF CONTENTS
The Scoop section:
– Fieldglass reportedly gets more than $200MM from Madison Dearborn
– AOL buys TechCrunch for an undisclosed sum
– G2 launch- party planning in progress
– Melanie Adcock on playing nice in the sandbox
– Ron had it somewhat wrong: That invite only private party Monday night at the offices of the ITA from 6pm to 8pm tied to midVenturesLAUNCH was actually open to anyone — if you wanted to cough up $375.00 for the two hour party!
– Briefly noted, by Ron May
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VoIP Conference & Expo at IIT
SIP Tutorial: October 12, 2010
Conference & Expo: October 13-14, 2010
Wheaton, IL (Chicago Area)
Are You Participating?
Join more than 200 telecommunications professionals from 100+ organizations for 3 days of VoIP. Do not miss it!
Attend – $300 for 2 days / $400 for 3 days (Early registration discount through 9/15)
Sponsor – $500-$1,500 with exhibit table
Program/Schedule (100% filled, but there is still room for attendees & sponsors)
* More than 50 presentations + panels, keynotes & more
* SIP Tutorial – 1 day preconference tutorial by industry experts (Oct 12)
* Emergency services /NG911 – Mini-Conference
* Cloud Telephony & Voice on the Web
* Emerging Technologies and Applications
* Unified Communications – Mini-Conference
* Evolving Networks – Voice, Video, Mobility – Architectures and Protocols
* And, more!
Speaker and program info at www.cpd.iit.edu/voipconference.
Become a Sponsor – sponsor opportunities are still available!
Platinum – $1500 / Gold – $750 / Silver – $500
For more information on Sponsor and/or Exhibitor opportunities, contact Scott Pfeiffer at pfeiffer@iit.edu or 630-682-6001.
Keynote Speakers
* “How Will VoIP Reincarnate the Web and Cloud Worlds?”
- Henry Sinnreich and Alan Johnson, Industry Consultants and Authors
* “Policy and Technology: The FCC’s Goals for Broadband Technology, 911 Alerting and Cyber Security”
- Jeff Scott Cohen, FCC – Public Safety and Homeland Security
- Bernard Aboba, Microsoft
- Eric Burger, Georgetown University
* “Sense Everything, Control Everything – Connecting VoIP and Location with the Physical World”
- Henning Schulzrinne, Columbia University
* “Panel Discussion: Carriers View of VoIP and the Future”
- Christopher Mayer, VP, Verizon Communications
- Michael Paradise, AVP, AT&T
Current Sponsors Include:
* Platinum: AT&T, Verizon, Tellabs, Mu Dynamics, Smoothstone, RADVISION
* Gold: Avaya, InCharge Systems, S-Net Communications, TDS Telecommunications
* Silver: Tekno Telecom, AG Projects, Elarasys, Dialogic, International Multimedia Teleconferencing Consortium (IMTC)
* Organizational: NENA, IPTComm, SIPForum, Clue Con, NGN Forum, IMS Plugfest, DIDXchange, No Jitter, Techistan, biz-news, IEEE, Light Reading, APCO International
Registration Details
3-day Conference Package (includes SIP Tutorial): $400
2-day Conference Package: $300
Register by September 15 to receive an Early Bird discount!
Other Discount Rates may be available for society and group registrations.
To Register:
Visit www.cpd.iit.edu/voipconference/
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GP Ventures specializes in M&A advisory services for technology
companies in a wide range of sectors. GPV has industry connections
throughout the US, Europe, and Asia.
*Is your company seeking acquisitions in the tech space?
*Are you an owner, CEO, or investor thinking of selling a tech company?
If so, contact GP Ventures at mail@gp-ventures.com or call
847-431-3993 to discuss.
Current projects include:
*Acquisition Program for publicly-traded IT Consulting firm, seeking
firms in the Data Center, Managed Services, and IT Consulting (SAP,
Oracle, etc.) sectors ($10 million to $100 million revenues)
*Business Development for Japanese electronics distribution company
seeking new products in semiconductors, electronics, new energy,
materials, sensors, etc.
*Acquisition Program for US PC Board Manufacturer seeking US PCB shops
($1 million to $30 million revenues)
*Sell Side Program for 40 million Euro Fiber Optics Company (based in
Europe, now preparing materials)
Contact GP Ventures to discuss sell-side projects, acquisition
programs, and “grooming” consulting projects.
Tom Kastner
GP Ventures
847-431-3993
mail@gp-ventures.com
M&A Advisory Services for technology companies in EMS, PCB, Software,
Defense, IT Services, Electronics, Distribution
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The Scoop section:
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Fieldglass reportedly gets more than $200MM from Madison Dearborn
Fieldglass Inc., a Chicago-based provider of SaaS vendor management
systems, has raised an “substantial investment” from Madison Dearborn
Partners. The deal values Fieldglass at more than $200 million
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AOL buys TechCrunch for an undisclosed sum
money.cnn.com/2010/09/28/technology/aol_techcrunch/
AOL buys TechCrunch
By Stacy Cowley, tech editorSeptember 28, 2010: 1:00 PM ET
SAN FRANCISCO (CNNMoney.com) — TechCrunch said Tuesday it has agreed to be acquired by AOL, a deal that came together quickly after rumors of the negotiations leaked.
“This wasn’t supposed to happen today — this was supposed to happen later,” TechCrunch founder Michael Arrington said from the stage at TechCrunch’s Disrupt conference. “So we had to rush through this.”
Financial terms of the deal were not disclosed. AOL CEO Tim Armstrong joined Arrington onstage to sign the acquisition papers in front of the conference audience. Arrington polled the crowd on whether or not he should sign. “Absolutely not!” beat “yay” by about a 60/40 split.
Arrington signed anyway.
TechCrunch, which launched in 2005 and quickly became one of Silicon Valley’s most influential news outlets, operates a network of tech-focused blogs. Audience traffic tracker Compete.com estimates the TechCrunch network generates more than 2 million visitors each month.
AOL (AOL) already has a foot in the tech blog world with Engadget, the popular hardware enthusiast site it picked up in its 2005 purchase of blog network Weblogs Inc.
While many Weblogs sites folded in the wake of that deal, the survivors include some high-profile successes like TVSquad, Autoblog and The Unofficial Apple Weblog.
These blogs help anchor a fast-growing AOL blog network whose marquee sites include DailyFinance, WalletPop, Luxist and SlashFood. (DailyFinance and WalletPop are CNNMoney.com partners.)
0:00 /3:25AOL Chief: Display ads not dead
AOL’s highest profile — and most expensive — initiative is Patch, a hyperlocal blog network that currently has more than 100 sites chronicling communities across the U.S. AOL says it is investing $50 million to rapidly expand Patch, which aims to cover 500 places by early 2011.
Like Yahoo, AOL is trying to develop a vast content reservoir while walking the fine line between mass and class. Its Seed system for buying and distributing content mimics the model eHow creator Demand Media popularized: Pay freelancers rock-bottom rates to churn out a flood of dashed-off content optimized to rank highly in search engines. Demand filed for an IPO last month.
But AOL and Yahoo (YHOO, Fortune 500) — which in May acquired Demand rival Associated Content — have recently made moves aimed at boosting their content quality. Each has poached star journalists from outlets such as the New York Times, Washington Post, BusinessWeek and Politico to build sites focused on breaking news and investigative reporting. To top of page
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G2 launch- party planning in progress
Subject: FW: G2 launch- party planning in progress
Date: 9/28/2010 2:15:38 A.M. Central Daylight Time
From: melanie_adcock@msn.com
To: ronaldmay@aol.com
Would any readers of The May Report like to help out Todor and Uki with the party they are planning for the G2 Launch? Please get a hold of them at their contact info below. Very energetic active people to get to know who bring positive energy to the tech and mobile community. The May Report posts so many event announcements- it’s nice to see part of the planning process below and to go a step further and invite you to become a part of what’s going on. I hope if you have free time, would like to learn more about the mobile industry or are out of work you will consider dropping them a line to volunteer and join the excitement. We’ll post their official event announcement as soon as they iron out details, and I will plan to attend. Their Droid X Release party a few months ago was really fun, and I have no doubt this one will be, too. You heard about it here first at The May Report.
-Melanie
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From: ukidlucas@gmail.com
To: melanie_adcock@msn.com
Subject: Fwd: G2 launch
Date: Mon, 27 Sep 2010 09:51:19 -0500
Begin forwarded message:
From: Uki Dominque Lucas
Date: September 27, 2010 9:49:54 AM CDT
To: Todor Krecu
Cc: Melanie A Adcock
Subject: Re: G2 launch
Hi Todor,
Sounds interesting, let’s make it in Syncubator if Chris allows for that! Or Google offices.
I will reach out to Google people once we all have a go!
What about media coverage?
respectfully,
Uki Dominque Lucas
Android Architect @ Sears Holdings Corporation
organizer @ ChicagoAndroid.com
Mobile: +1 (650) 815-6603
Skype: UkiDLucas
calendar: UkiDLucas@gmail.com
Fb: www.facebook.com/ukidlucas
In: www.linkedin.com/in/ukidlucas
cv: homepage.mac.com/ukidlucas/cv/uki_dominque_lucas.pdf
On Sep 27, 2010, at 7:22 AM, Todor Krecu wrote:
Hi Uki,
How are you?
The G2 should start shipping soon to arrive by Oct 6 for people that pre-ordered. Since the G1 started all this would you be interested in having a launch party for the G2?
I am waiting to hear from T-Mobile if they are interested.
Todor
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Melanie Adcock on playing nice in the sandbox
Subject: Ron, you might be interested in looking into this…
Date: 9/27/2010 2:11:44 P.M. Central Daylight Time
From: melanie_adcock@msn.com
To: ronaldmay@aol.com
Ron, I’m not sure if this is worth your time or not but since you said you welcome the competition with Ed Domain here is an interesting post on his website about a story he took down. Personally, I am not a fan of competition. I don’t trust that people will play fair when they get competitive. In sales I’ve had positions where I was the number one inside salesperson for a year or longer. I wasn’t being competitive. I was just trying to do high quality work and minding my own business. Everyone else tried to be competitive with me to the tune of backstabbing, office politics, rumors, alienation, and uncalled for teasing. It was no fun and I didn’t understand what I’d done to deserve all that negativity when I was doing such a good job. I am good at simply working hard at something I care about. This competition stuff throws me for a loop. Back home on the farm we worked hard because that was our culture and we took pride in that. I don’t think I need competition. I like bringing people together and including everybody in community events, which is an opposite energy from competition. However, I am no less determined than a competitive person. It must be my nesting mothering attributes coming out, characteristics that are incredibly lacking in the tech world due to the lack of women in my humble opinion. If you put me out there on the football field, my inclination is to ask why the two teams can’t negotiate and compromise so they can both win. It would make terrible entertainment, but then again I never liked those bulky football helmets anyhow.
www.flyovergeeks.com/2010/09/playing-nice/
Melanie Adcock
iPHONE: 312-259-0610
DROID: 312-833-1825
E-Mail: melanie_adcock@msn.com
Facebook Fan Page: bit.ly/MelanieAdcockFacebookFanPage
Bio: bit.ly/MelanieAdcockARC
LinkedIn: www.linkedin.com/in/melanieadcock
Twitter: twitter.com/melanie_adcock
Facebook Profile: www.facebook.com/melanie.a.adcock
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Ron had it somewhat wrong: That invite only private party Monday night at the offices of the ITA from 6pm to 8pm tied to midVenturesLAUNCH was actually open to anyone — if you wanted to cough up $375.00 for the two hour party!
Registration powered by Eventbrite
Contact midVenturesLAUNCH for event and ticket information.
midVenturesLAUNCH VIP Cocktail Reception
midVenturesLAUNCH VIP Cocktail Reception
Monday, September 27, 2010 from 6:00 PM – 8:00 PM (CT)
Chicago, IL
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VIP Ticket more info
Ticket to the VIP Networking dinner the night of 9/27 at Illinois Technology Association.
16h 53m $375.00 $0.00
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Event Details
midVenturesLAUNCH VIP Cocktail Reception
200 select guests will mingle at the Illinois Technology Association (ITA) / TechNexus for an evening of networking and drinks. This event is open by invitation only; please email launch@midventures.com for more information.
Hosted by TiE Midwest
TiE Midwest
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Briefly noted, by Ron May
* This has to be very quick since I want to get to the midVenturesLAUNCH event by 3pm for Brad Keywell’s keynote. Lundin called me to tell me that the guy from ChaCha spoke but it was mostly a sales pitch. I had dialysis this morning so I was not able to be there at 7am when the event started.
First, off, the Steve Levitt talk at LES U.S. and Canada was hilarious and great. The guy is a rock star and a stitch. More on that in a day or two. His talk covered his dad’s having been written up by GQ or Vanity Fair with the headline, “King of Farts” since his dad was a doctor who specialized in gastrointestinal gas.
Steve said that in economics, he is a bit off the beat and path of the profession as well.
Evidence in support of that is his bringing a high end call girl to talk to his class of undergrads and most of them said it was the best class they had in four years.
Levitt said that he is not a big believer in lab experiments because they miss out on the complexities of the real world.
He talked about a lab game called Dictator which showed that people are not really all that altruistic. So, one day he got an anonymous envelope in the mail at his home and it was written in pencil. Inside there was a $20 bill and the written note read that Levitt is wrong.
Much more to come.
* Lastly, the plot thickens. As soon as I saw the great space that Syncubator occupies at 322 S. Green Street, I said to myself that I would love to have an office there — or at least the use of a conference room a couple of days a week. I talked to one of the Syncubator managers and founders, Mike Rhodes, about it and he said we should sit down and talk.
How is this for an odd coincidence? It turns out that Ed Domain who claims he is being chased by various people who want to fund him is being chased, he says, by the folks at Syncubator!
Very interesting.
I have also heard that Ed wrote an article that ruffled some feathers so he was asked to take it down from the website.
If Ed ends up in the Syncubator, he can be their PR arm and I can continue to do what I have always done — try to get the facts and not sugar coat them.
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END OF REPORT