The May Report: 10/06/2011: Lightbank now has $200MM in its fund, 25 investments and has just now added Cloudbot and Palo Alto based E la Carte to its portfolio; HPA goes in on Cloudbot; Series A funding for Big Time Software now at $2.7MM; Quinn Launches $78 Million Initiative to Support Small and Start-Up Businesses; Indianapolis based Pamlico Capital and the management team of T2 Systems announced today that Pamlico has made a $28 million equity investment in T2 Systems, Inc., and more… BTW, a dynamite report coming this afternoon, since here at TMR, timing is everything ..

Editor and publisher: Ron May, ron@themayreport.com, ronaldmay@aol.com, www.themayreport.com , 773-525-3944.

If you missed an article, go here: www.tmronline.com/A55951/tmrarticles.nsf/vwFullNewsletter

Louis Brandeis: “Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants.”
______________________________
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Fast and Professional Search Engine Optimization Solutions
please contact Backlinks Company www.BLcompany.com
Mike Freud 970-391-0632 mikefreud@gmail.com
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TABLE OF CONTENTS

The Scoop section:

– Lightbank doubles startup investment fund, to $200 million, also invests in Cloudbot.com, has 25 investments now which also includes $4MM in E la Carte Inc., a Palo Alto, Calif.-based company that deploys tablet computers for use in restaurants
– Jeff Carter: HPA Has a New Portfolio Company, Cloudbot – Hyde Park Angels
– BigTime Software Raises Additional Series A Financing, bringing the total Series A financing to $2.7MM
– Illinois Ranks 8th Nationwide in High-Tech Employment
– Governor Quinn Launches $78 Million Initiative to Support Small and Start-Up Businesses
– Just finishing up on Welcome to Willer’s World: Big Citizen, by Ron May
– Layton Olson: Traces in a Tangled Web – Noshir Contractor – Broadband Illinois — Sunday October 16 3:30 – 4:30 in Evanston
– Wednesday, October 12:SEMPO Chicago at Google
– Gian Fulgoni: Reinforces his talk on the ineffectuality of clicks on display ads
– Chris Drew: Chicago Ideas Week – technology and education (Hosted by Pocket Literacy Coach and the ITA)
– Wednesday, November 2: Funding Feeding Frenzy [ 20% Discount Code: jbarlow ]
– Indianapolis based Pamlico Capital and the management team of T2 Systems announced today that Pamlico has made a $28 million equity investment in T2 Systems, Inc.
– David Allen: MoMo meeting on September 26th
– Layton Olson: Correction: Investing in Communities grants from $1000 to $10,000 — deadline October 12
– Anonymous: “Groupon’s newest deal to reward customer loyalty (*)”
– Layton Olson: Where Social Responsibility Meets Real Estate | Investing In Communities — October 12 deadline for $1000 – $10,000 grants
– Tuesday, October 11: Special Invitation: Why China? Why Now?
– Bruce Montgomery: MoMo meeting on September 26th
– Dan Sosedoff unsubscribing from TMR because it’s a mess but he wrote “its”
– Sunday, October 23rd at the Joffrey Ballet building: The Third Coast Filmless Festival (TCFF)
– Tuesday, October 4: BNC VC Group 10/4/11 Presenters: CBS Shrimp Burger, Jackman Financial Services. Host: Polsinelli Shughart PC [Editor's note: May here. Let the buyer beware. More people have come forward in the last week or so to say that Mr. Bland simply does not deliver on promises made and he has far too many irons in the fire to do even a half-a**ed job for anyone. To CBS Foods www.chefbigshake.com.php5-19.dfw1-1.websitetestlink.com and to Jackman Financial www.jackfina.com/index.html, consider yourselves warned.]
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Social Media for Business starts October 5th!

Top rated Social Media for Business Workshop is back by popular demand!

This “Social Media for Business” training workshop is conducted by Social Media Dream team with over 10 leading social media experts including Dan Zarrella of Hubspot, Dave Kerpen (Author of Likeable Social Media), Hollis Thomases (Author of Twitter Marketing: An Hour a Day), Barbara Rozgonyi (Social Media Club Chicago), Krista Neher (Author of Social Media Field Guide) and many others. This comprehensive social media program has 14 live sessions and all attendees receive $2000 in Free Bonus materials including 25+ social media training videos and free book.

Checkout full agenda:

bit.ly/smbt2-tmr

In this comprehensive social media program you will learn:
* Crafting social media strategy for business
* Facebook Marketing strategies and tactics
* Twitter Tips & Tricks
* LinkedIn Power Strategies for Business
* Social Video Marketing
* Social Media Measurement
* SEO for Social Media Pros
And many other topics and hands-on workshops.

Even if you know a lot about social media already you will find this workshop worthwhile, . This is the most comprehensive social media program out there with a great combination of strategy and hands-on sessions.

Register for this workshop:

bit.ly/smbt2-tmr

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The Scoop section:
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Lightbank doubles startup investment fund, to $200 million, also invests in Cloudbot.com, has 25 investments now which also includes $4MM in E la Carte Inc., a Palo Alto, Calif.-based company that deploys tablet computers for use in restaurants

Lightbank doubles startup investment fund, to $200 million | Technology | Crain’s Chicago Business

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Brian Connolly to me

show details 7:22 AM (14 hours ago)

from Brian Connolly bconnolly@furthermore.com
to ron@themayreport.com
date Wed, Oct 5, 2011 at 7:22 AM
subject Lightbank doubles startup investment fund, to $200 million | Technology | Crain’s Chicago Business
Important mainly because of the people in the conversation.

hide details 7:22 AM (14 hours ago)

www.chicagobusiness.com/article/20111005/NEWS08/111009953/lightbank-doubles-startup-investment-fund-to-200-million

++++++++++++++++++++++++++++++
Lightbank doubles startup investment fund, to $200 million
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By: Lynne Marek October 05, 2011

(Crain’s) — Groupon Inc. co-founders Brad Keywell and Eric Lefkofsky are doubling down on their Lightbank investment fund, adding another $100 million over the past three months, according to people close to the fund.

Lightbank, which started investing with $100 million in March 2010 and has backed some 25 technology startups since then, is drawing the new capital from its existing investors, including Messrs. Keywell and Lefkofsky, who launched the fund, and their longtime investment partner New Enterprise Associates, according to the sources. NEA is led by Peter Barris from Timonium, Md.

A spokesman for Lightbank declined to comment.

Most of Lightbank’s investments have been in the Midwest, principally Chicago, as Messrs. Keywell and Lefkofsky have tried to foster the entrepreneurial spirit of their adopted city. (The pair moved here two decades ago after graduating from the University of Michigan’s law school.)

The fund’s expansion “means there will be twice as many companies in our ecosystem getting funded,” said Matt McCall, a partner at Pritzker Group’s startup fund, New World Ventures in Chicago. “That’s only a plus.”

Lightbank plans to continue the same types of investments that it’s been making, sinking up to about $5 million in early- and later-stage startups, the sources said.
Related Videos: Lightbank

The size of the investments has been growing over the past two years, as has the fund’s geographic reach. While the duo said in a March 2010 news release that the fund would “foster a vibrant, active community of Midwest technology entrepreneurs,” it has evolved to include companies across the country, with a recent growing interest in California startups.

In August, the fund made one of its biggest infusions yet, putting $4 million in E la Carte Inc., a Palo Alto, Calif.-based company that deploys tablet computers for use in restaurants.

Lightbank partner Paul Lee said the fund wants to build a bridge between Chicago and the Silicon Valley by not only investing in California enterprises, but by locking arms with well-known West Coast investors, such as “super-angels” Ron Conway and 500 Startups’ Dave McClure.

Lightbank’s broader perspective helps Chicago, said Troy Henikoff, CEO of Chicago tech incubator Excelerate Labs. “They’re making people outside of Chicago more aware of what’s happening here and at Lightbank,” he said.

Chicago investments keep coming, too. This week, Lightbank announced it is investing in Chicago-based Cloudbot Inc., an online company that helps users organize their social media tools. On that deal Lightbank teamed up with Hyde Park Angels, a group of investor-executives affiliated with the University of Chicago Booth School of Business.

“They do a disproportionate number of local deals, which is a sign that there are a lot of great investment opportunities in Chicago,” Mr. Henikoff said.

Read more: www.chicagobusiness.com/article/20111005/NEWS08/111009953/lightbank-doubles-startup-investment-fund-to-200-million#ixzz1ZyxSnw2V
Stay on top of Chicago business with our free daily e-newsletters
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Comments:
John C. wrote:
These two bright fellows are making Illinois into a world class feeder of jobs that will end up migrating to Texas.
10/5/2011 11:01 AM CDT on Chicago Business
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Dallas T. wrote:
Lefkofsky is adding another layer between him and the money he took out of Groupon. While businesses across the country go bankrupt and investors lose everything, Lefkofsky continues to enrich himself. Lefkofsky, leave Chicago alone. Ply your trade in a more gullible city.
10/5/2011 8:41 AM CDT on Chicago Business
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Keith g. wrote:
When you double the money you can double the scams, there, Lefkofsky.
10/5/2011 7:52 AM CDT

Read more: www.chicagobusiness.com/article/20111005/NEWS08/111009953/lightbank-doubles-startup-investment-fund-to-200-million#ixzz1ZzGyOwgr
Stay on top of Chicago business with our free daily e-newsletters
_________________________________
Jeff Carter: HPA Has a New Portfolio Company, Cloudbot – Hyde Park Angels
Subject: Fwd: HPA Has a New Portfolio Company, Cloudbot – Hyde Park Angels
Date: 10/4/2011 3:54:14 P.M. Central Daylight Time
From: jrcarter@me.com
To: RONALDMAY@aol.com

blog.hydeparkangels.com/hpa-has-a-new-portfolio-company-cloudbot

++++++++++++++++++++++++
HPA Has a New Portfolio Company, Cloudbot, cloudbot.com/

Hyde Park Angels is proud to announce that it has made an investment in Cloudbot, along with Lightbank and Draper Associates. Cloudbot is a cutting edge application for all of your consumer applications. It’s literally your personal plumbing for social media. Cloudbot takes powerful applications and makes them work better for you. It allows you to connect with disparate friends and acquaintances over all platforms that you currently use. Cloudbot can save you time, and eliminate cumbersome steps to connect and arrange meetings, outings, schedules, and simply make your busy life easier.

Cloudbot is further evidence that the start up scene in Chicago is growing. They will be working in offices right by another Hyde Park Angel company, Tap Me Congratulations to the Cloudbot team and we are sure you will be hearing a lot from them in the future.

Sign up for their beta at Cloudbot.com.
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BigTime Software Raises Additional Series A Financing, bringing the total Series A financing to $2.7MM

Subject: BigTime Software Raises Additional Series A Financing!
Date: 10/3/2011 10:14:47 P.M. Central Daylight Time
From: tatvshow@yahoo.com
To: ron@themayreport.com
CC: RONALDMAY@aol.com

BigTime Software Raises Additional Series A Financing

Cloud-Based Practice Management Software Firm Re-Opens Series A Round for Global Venture Capital Fund

CHICAGO, Oct 03, 2011 (www.twitter.com/techaccesstv) — BigTime Software, Inc., a leading provider of cloud-based productivity tools for growing professional services firms, today announced that Runa Capital Fund I, L.P., a global venture capital firm with offices in Moscow, Russia, and Berlin, Germany, has invested additional capital in BigTime’s Series A round of funding. BigTime will use the proceeds to fuel its sales channel growth and expand its marketing efforts.
Runa Capital Fund I, L.P., is a more than $70 million early stage venture capital fund launched in August 2010 with the goal of investing in rapid growth tech sectors including cloud computing, machine learning, virtualization, and mobile and internet applications. Runa Capital is managed by a team of successful entrepreneurs with broad geographical and cross-industry experience, and an excellent track record in technology investments.
“BigTime is an ideal investment to complement our portfolio of cutting edge, innovative businesses with unique high-potential business models,” said Serguei Beloussov, Ph.D., senior founding partner of Runa Capital and founder of more than 10 IT companies including Rolsen, Acronis, and Parallels. “Their product offering, strategic partnerships, world-class Advisory Board, and pioneering multichannel approach to sales set them far above their competition.”
“Runa’s partners have built large-scale technology companies from the ground up, so their interest in BigTime at this stage is a real validation of our overall product and licensing strategy,” said Brian Saunders, BigTime’s founder and CEO. “We’re excited about the expertise they bring to the table as well as the international exposure this investment provides.”
This investment brings the total Series A financing to $2.7 million. The initial subscribers to BigTime’s Series A round included LTC Partners, Geneva Venture Investment Management, Hickory Grove, LLC, and Howell Capital, LLC. Several of the investors are also members of BigTime’s Advisory Board, made up of well-know technology pioneers and entrepreneurs.
About Runa Capital
Runa Capital is an early stage venture capital firm established to pursue opportunities in the rapidly growing areas of Cloud Computing, Internet and Mobile Applications. Runa Capital is run by a team of successful entrepreneurs, most of whom have worked together for over 15 years. It is a united team with broad geographical and cross-industry experience, as well as an extensive professional network. Runa Capital investment team members possess an excellent track record in selecting and supporting promising teams and technology investments to achieve superior investment outcomes.
Runa Capital’s investment strategy focuses on early stage opportunities where the firm’s global network and access to developed distribution channels and markets around the world help portfolio companies navigate the fast-paced world of global business. For more information, please visit www.runacap.com .
About BigTime Software, Inc.
BigTime Software, Inc., develops cloud-based productivity tools for growing professional services firms and licensed OEM partners. The highly customizable, browser-based interface for practice management allows professional services firms to instantly deploy and connect BigTime(R) to existing back-office services. OEM partners license BigTime technology as the critical component of their accounting and productivity suites. BigTime is an Intuit Gold Certified Developer and a member of the Microsoft Partner Network. Founded in 2002, the company is venture capital backed with thousands of users in the United States, Canada, UK and Australia. For more information, please visit www.bigtime.net

For BigTime Software:
Geoffrey Mogilner
FTI Consulting, Inc.
312-861-4720
geoffrey.mogilner@fticonsulting.com

or
For Runa Capital:
Masha Drokova
8(926)337-3986
md@runacap.com

Bruce Eric Montgomery
Executive Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.tatv.org
www.twitter.com/techaccesstv
www.facebook.com/brucemontgomery
___________________________________
Illinois Ranks 8th Nationwide in High-Tech Employment

Subject: Illinois Ranks 8th Nationwide in High-Tech Employment
Date: 10/5/2011 8:01:31 P.M. Central Daylight Time
From: ed.longanecker@techamerica.org
To: ronaldmay@aol.com

For Immediate Release

October 5, 2011

Illinois Ranks 8th Nationwide in High-Tech Employment

Washington, DC (October 5, 2011) – TechAmerica Foundation today released its 14th annual Cyberstates report detailing national and state trends in high-tech employment, wages, and other key economic factors. Cyberstates 2011: The Definitive State-by-State Analysis of the U.S. High-Tech Industry covers all 50 states, the District of Columbia, and Puerto Rico.

Despite the loss of 6,400 net jobs in 2010, Illinois’ high-tech industry ranks as the 8th largest Cyberstate. Illinois’ tech industry employed 201,400 tech industry workers with a total payroll of $16.1 billion in 2010.

Illinois ranked 3rd in employment in the consumer electronics sector (1,200 total jobs), and 4th in electronic components (12,100 total jobs) and 5th in communications equipment (6,600 total jobs). Job losses were concentrated in the Internet and telecommunications sector (-2,200 jobs) and in the R&D and testing labs sector (-1,704 jobs).

“Like nearly every other state, Illinois shed tech jobs in 2010, but we continue to rank among the very top in several tech manufacturing sectors,” said T. Kendall Hunt, Chairman, CEO, VASCO Data Security International, Inc., Chair of TechAmerica Midwest. “Illinois has taken many positive steps in creating an environment that is attractive to technology companies and the high-paying jobs they create. We need to continue these efforts by improving math and science education and fostering a business friendly tax environment that provides companies with the certainty they need to invest and innovate in Illinois.”

Nationally, the U.S. high-tech industry did lose 115,800 jobs in 2010, but still boasts 5.75 million workers. Showing an improving trend, this two percent decline was less than half of the 249,500 jobs lost in 2009 following several years of sustained growth. Software services added jobs in 2010 – 22,800, a gain of one percent.

TechAmerica Foundation also today released a midyear jobs report for 2011 based on a different monthly data set from the U.S. Bureau of Labor Statistics. This report shows that between January and June 2011, the tech industry added a net 115,000 jobs, a two percent gain, not adjusted for seasonality. During this time period, job growth occurred in all four technology industry sectors, with the fastest growth in engineering and tech services. A 12 month review of June 2010 in comparison with June 2011 also shows growth in three of the four tech industry sectors, with job losses occurring in communication services.

Cyberstates 2011 may be purchased for $150. The 2011 midyear report may be freely downloaded. Both reports can be accessed at: www.techamericafoundation.org/cyberstates.

What Does High Tech Mean for Illinois?

· 201,400 high-tech workers in 2010 (8th ranked cyberstate)

· 6,400 jobs lost between 2009 and 2010

· High-tech firms employed 43 of every 1,000 private sector workers in 2010 ranked 28th nationwide

· High-tech workers earned an average wage of $79,800 (19th ranked), or 67 percent more than Illinois’s average private sector wage

· A high-tech payroll of $16.1 billion in 2010, ranked 10th nationwide

· 19,300 high-tech establishments in 2010, ranked 5th nationwide

Illinois’s National Industry Sector Rankings:

· 3rd in consumer electronics manufacturing employment with 1,200 jobs

· 4th in electronic components manufacturing employment with 12,100 jobs

· 5th in communications equipment manufacturing employment with 6,600 jobs

Source: Cyberstates 2011

Data are for 2010 unless otherwise noted.

Published by TechAmerica Foundation

- # # # -

About TechAmerica Foundation

TechAmerica Foundation educates industry executives, policy makers and opinion leaders on the promise of technological innovation to advance prosperity, security and the general welfare. Launched in 1981, the Foundation is a 501c(3) non-profit, non-partisan affiliate of TechAmerica, which is the leading voice and resource for the U.S. technology industry. The Foundation disseminates award-winning industry, policy and market research covering topics such as U.S. competitiveness in a global economy, innovation in government, and other areas of national interest. It also organizes conferences and seminars to explore pertinent issues with government and industry representatives and to share the Foundation’s findings.

Ed

Ed Longanecker

Executive Director, Regional Vice President

TechAmerica

1100 E. Warrenville Road, Suite 150

Naperville, IL 60563

P 630.282.4332

F 877.726.8459

M 630.890.2015

Ed.Longanecker@TechAmerica.org

Follow us on Twitter, become a Facebook fan, and join our LinkedIn group to connect with your industry peers!
_________________________________
Governor Quinn Launches $78 Million Initiative to Support Small and Start-Up Businesses

Subject: Governor Quinn Launches $78 Million Initiative to Support Small and Start-Up Businesses
Date: 10/5/2011 5:21:13 P.M. Central Daylight Time
From: ed.longanecker@techamerica.org
To: Midwest@techamerica.org

Excellent initiative and resource for our industry. The press conference at Allcell today was also very well attended.

Office of Governor Pat Quinn NEWS

FOR IMMEDIATE RELEASE CONTACTS: Annie Thompson (o. 217-782-7355; c. 217-720-1853)

Wednesday, October 5, 2011 Marcelyn Love, DCEO (o. 217-558-1542; c. 217-299-8333)

Kelly Jakubek, DCEO (o. 312-814-8198; c. 312-520-5242)

Governor Quinn Launches $78 Million Initiative to Support Small and Start-Up Businesses

Advantage Illinois to Provide Access to Capital for Businesses and Entrepreneurs to Create Jobs and Grow the Economy

CHICAGO – October 5, 2011. Governor Pat Quinn today launched the Advantage Illinois program that is designed to provide Illinois businesses and entrepreneurs with access to the capital they need to start new companies and expand existing business. Advantage Illinois will leverage $78 million in federal funding that will allow businesses to bring innovative ideas and new products to market and accelerate job creation and economic growth in Illinois.

“Advantage Illinois will help Illinois businesses of all sizes increase innovation and competition, and expand and create good-paying jobs,” Governor Quinn said. “In order to boost our economy, create jobs and compete in the global marketplace, we must provide businesses and entrepreneurs with the tools they need to grow.”

The Advantage Illinois program is comprised of three program components to spur institutional lending, and one program to leverage private venture capital in start-ups and high-growth businesses:

Capital Access Program (CAP) assists businesses with various financing needs. It is designed to encourage financial institutions to make loans to small and new businesses that do not qualify under conventional lending policies.

Participation Loan Program (PLP) supports businesses with projects that create or retain jobs and/or modernize their businesses to improve competitiveness. One component of the program is devoted to Minority/Women/Disabled/Veteran-Owned businesses (MWDV PLP). The state purchases and subordinates part of the loan to help mitigate lender risk.

Collateral Support Program (CSP) establishes savings accounts or CDs that provide cash collateral support to lending institutions to enhance the equity and/or loan collateral levels of small business borrowers.

Invest Illinois Venture Fund Program (IIVF) is a new venture capital program to support young, innovative companies in Illinois that show high growth potential, can demonstrate their place in the market and already have other investors.

Starting today, the Department of Commerce and Economic Opportunity (DCEO) will be actively enrolling lending institutions that will, in turn, provide financing to businesses utilizing the CAP, PLP and CSP components of the program. Businesses will be able to begin accessing loans to use these funds when they have completed the appropriate paperwork with a participating lending institution. Program guidelines, including lender applications, and a regularly updated list of participating banks will be available at www.ildceo.net/AdvantageIllinois.

Businesses interested participating in the Invest Illinois Venture Fund (IIVF) may submit their applications online to DCEO at www.ildceo.net/AdvantageIllinois. The fund is also supported by the Governor’s Illinois Innovation Council, which is actively working to execute strategies to enhance awareness of capital availability in Illinois and connect the dots between great ideas and the partners who can help turn ideas into companies and products.

“Illinois is a place where industry, innovation and ideas thrive,” said Chris Girgenti, Managing Partner of New World Ventures and member of the Illinois Innovation Council (www.illinoisinnovation.com). “But, it takes capital to turn ideas into reality. Advantage Illinois is a critical tool, at a critical time for our economy.”

Advantage Illinois builds upon Governor Quinn’s commitment to enhancing business growth. The Advantage Illinois initiative is expected to generate a minimum of at least $10 in new private lending for small and medium-sized businesses for every $1 of federal funding, resulting in around $800 million of private sector investments and loans being pumped into the economy over the next few years. The Brookings Institution recently noted more than 95 percent of new jobs are derived from business expansions or start-up activity.

Funding for Advantage Illinois is being provided by the U.S. Treasury through the State Small Business Credit Initiative (SSBCI), which was created as part of the American Small Business Jobs Act signed into law by President Obama in 2010. The program will be administered by the Illinois Department of Commerce and Economic Opportunity.

“These funds will help creditworthy small businesses access the lending they need to invest and hire, providing a powerful boost for economic growth and job creation,” said Deputy Secretary of the Treasury Neal S. Wolin. “Expanding access to credit will help ensure that more of Illinois’ entrepreneurs and small businesses can invest in their local communities to put more Americans back to work.”

“We are targeting investments in every area of the economy to help keep moving Illinois forward,” said DCEO Director Warren Ribley. “Through this program, we are giving businesses a booster shot in the form of deploying new tools to ease the credit crunch they have experienced in recent years, improve the field of play and give Illinois companies an advantage against the competition.”

In 2011, Governor Quinn’s leadership has been instrumental in expanding the availability of more than $150 million in investment capital through enactment of the Technology Development Account II, implementation of the Angel Investment Tax Credit and now through the launch of Advantage Illinois.

Today’s announcement is part of Governor Quinn’s aggressive business agenda that is helping move the Illinois economy forward. The state maintains a large portfolio of programs, which is designed to help Illinois businesses thrive in today’s economy. For more information, please visit www.ilbiz.biz.

Ed Longanecker

Executive Director, Regional Vice President

TechAmerica

1100 E. Warrenville Road, Suite 150

Naperville, IL 60563

P 630.282.4332

F 877.726.8459

M 630.890.2015

Ed.Longanecker@TechAmerica.org

Follow us on Twitter, become a Facebook fan, and join our LinkedIn group to connect with your industry peers!
_____________________________________
Just finishing up on Welcome to Willer’s World: Big Citizen, by Ron May

After my lengthy treatise on Kevin Willer, I still had a few questions and we finally cleaned it up.

Q: 1. Must a firm be revenue positive for the CEC to work with them? What is the minimum stage a firm must be at? Will you work with pre-revenue and pre-seed firms?

A: We’re re-working our engagement approach with startups, so I don’t have an exact answer for you.

Q: 2. Just reconfirming that you are invested as an angel in TapMe Games and Bright Tag?

A: Yes, I’m an angel investor in TapMe and BrightTag.

Q: 3. Will the CEC move to the new incubator if and when it is set up? That is a new question.

A: The CEC is actively looking at new potential places to live.

Q: 4. You mentioned Stella at Entrepreneurs Unplugged. But then there’s a name I can’t read, Eric Blue??

A: I’m not sure who I was referring to….

Q: 5. Is it James E. Pavlik at Baird? [I was not sure if Jim referred to Jim Pavlik or Jim Daverman at Baird]

A: Yes, Jim Pavlik is at Baird Venture Partners – great guy.

Q: 6. I have the words “strong mix media” and the name Fisher after that? What is this referring to?

A: StoryMixMedia, Mike Fisher is the founder: storymixmedia.com/

Q: 7. What’s your connection to Mike Morasco at NU and why did you mention him?

A: Mike Marasco is doing great work with startups out of the Farley Center for Entrepreneurship at Northwestern.

Q: 8. I have in my notes and no, I did not tape anything, the words “Flip key.” Is that Flip Filipowski or Chairman William J. Filip at Baird?

A.: Flipkey is another of my angel investments: www.flipkey.com/

May again. Thanks, Kevin! You answered every question I asked and there were many and when you did not know, you did not hesitate to just said so.
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Layton Olson: Traces in a Tangled Web – Noshir Contractor – Broadband Illinois — Sunday October 16 3:30 – 4:30 in Evanston
Subject: Traces in a Tangled Web – Noshir Contractor – Broadband Illinois — Sunday October 16 3:30 – 4:30 in Evanston
Date: 10/5/2011 11:59:25 A.M. Central Daylight Time
From: leo@howehutton.com
To: leo@howehutton.com

Colleagues with interests in the Future of the Networked Society — for new users as well as early adopters –

If you have never had the pleasure of hearing Noshir Contractor explain where we a society — in Illinois and around the world — are going in using Social Network tools, then I encourage you to attend his talk on Sunday October 16 3:30 to 4:30 on the campus of Northwestern University in Evanston. It’s part of Chicago Humanities Festival “tech*knowledge” series this fall. Cost $5. broadbandillinois.org/calendar/11

I am sending this to parties in several networks, including Digital Literacy and Civic Applications networks linked through Partnership for a Connected Illinois. Remember: You don’t have to be a geek to get a peek at the future, and what it means for all of us everyday.

From the past, Noshir Contractor was the keynote speaker in 2003 for the Illinois Community Technology Consortium, as arranged by University of Illinois Extension program when he was with UIUC Speech and Communications program. For more: Noshir Contractor – Advancing the Science of Networks in Communities nosh.northwestern.edu/

Layton Olson
Consultant to Partnership for a Connected Illinois
www.broadbandillinois.org
312-263-3001
_________________________________
Wednesday, October 12:SEMPO Chicago at Google

Subject: SEMPO Chicago at Google on October 12th
Date: 10/5/2011 12:39:13 A.M. Central Daylight Time
From: bobtripathi@gmail.com
To: ronaldmay@aol.com

Hello,

SEMPO Chicago personally invites you to a Google hosted event in Chicago at the Google office. The event will be covering a number of exciting industry trends and new technologies that are sure to change the way people think about web analytics.

The Future of Web Analytics

A SEMPO hosted multi-city simulcast event

Sponsored by

GOOGLE

Please RSVP at www.SEMPO.org

· Learn about the new release of Google Analytics Premium for enterprise level clients

· Discover what is important to Enterprise level clients and what they need from their Analytics platforms

· Understand how to take control of your analytics implementations, gain efficiencies while having a much richer tagging structure

· Learn how to manage 3rd party tags efficiently and get around corporate bottlenecks

LIVE EVENT DETAILS:

· When: 10/12/2011; From 5:00 PM until 7:30 PM

o 5:00 PM – 5:45 PM (CST) Cocktail/Networking Reception (Cocktail reception generously sponsored by Google)

o 5:45 PM – 6:00 PM SEMPO Host Welcome

o 6:00 – 7:30 PM The Future of Web Analytics Panel Discussion

· Where: Google Office: 20 West Kinzie St, Chicago, Illinois 60654

· Moderator: Kevin Geraghty, 360i – VP Research & Analytics

· Speakers:

o Enrique Munoz Torres, Google – Senior Product Manager of GA Premium

o Evan LaPointe, Search Discovery – VP, Director of Client Performance

o Matt Crenshaw, Discovery Communications – VP, Marketing & Analytics

–
Bob Tripathi
Chair – SEMPO Chicago
Founder, Instant E-Training
___________________________________
Gian Fulgoni: Reinforces his talk on the ineffectuality of clicks on display ads

Subject: RE: Gian, thanks! Because of your talk @ TechWeek, I won’t do “affiliate” marketing.
Date: 10/2/2011 8:17:27 P.M. Central Daylight Time
From: GFulgoni@comscore.com
To: RONALDMAY@aol.com

Hi Ron:

You have experienced the problem with clicks on display ads. Click rates are very, very low. According to Doubleclick, the click rate on a typical digital ad campaign is only 0.1%. In other words, only 1 in a 1000 ads are clicked on. Despite this, display ads have been proven to have a significant but latent impact on behavior, in much the same way as advertising in traditional media.

We conducted an extensive study of this in a seminal paper: “Whither the Click?” which was published in the June 2009 issue of The Journal of Advertising Research. I’ve attached a copy.

Best

Gian

Gian Fulgoni Chairman | comScore, Inc. (NASDAQ:SCOR)

o +1 (312) 775-6481 | m +1 (312) 953-1694 | f +1 (312) 775-6495 | GFulgoni@comscore.com

……………………………………………………………………………………………..

comScore: Measuring the Digital World

Campaign Essentials + AdXpose. A complete validation solution for optimizing in-market campaign success.
www.comscore.com/AdXpose

From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Sunday, October 02, 2011 6:53 PM
To: Fulgoni, Gian
Cc: ronaldmay@aol.com
Subject: Gian, thanks! Because of your talk @ TechWeek, I won’t do “affiliate” marketing.

******************************
If I understand him correctly, Gian Fulgoni is right. Clicks don’t mean didly. At this stage of the game, I don’t want TMR to do what is called “affiliate” marketing which is just another word for free advertising. A recent situation involving “affiliate” marketing resulted in this comment from the advertiser: “We received about 342 clicks with about 300 clicks within the first 30 minutes of your email. We’ve not received any registrations yet …”

Gian, you were right. Clicks don’t translate into sales. And as TMR, all I can do is help to get clicks. The sale has to be made on the other end.

Therefore, as I have told the guys at Funding Feeding Frenzy, if their tracking system is valid, we got plenty of clicks for their May 4th event and very few sign-ups.

I believe that it is a lot of work to run the ads even if they don’t get the sales. I have to check and double check the links and make sure that the formatting is right but without the sign-ups, there is no revenue to TMR.

What if a person clicks on the link in TMR and then signs up later through his own efforts or through another link? And vice versa? That is a problem with 20-25 affiliates all in the Chicago area, as Bob Bock told me they have at FFF.
*******************************
_________________________________
Chris Drew: Chicago Ideas Week – technology and education (Hosted by Pocket Literacy Coach and the ITA)
Chicago Ideas Week – technology and education (Hosted by Pocket Literacy Coach and the ITA)

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Chris Drew chris@pocketliteracy.com to me

show details 1:03 PM (8 hours ago)

from Chris Drew chris@pocketliteracy.com
to ron@themayreport.com
date Wed, Oct 5, 2011 at 1:03 PM
subject Chicago Ideas Week – technology and education (Hosted by Pocket Literacy Coach and the ITA)
Important mainly because of the people in the conversation.

hide details 1:03 PM (8 hours ago)

Hello Ron,

You and your readers may be interested in the Chicago Ideas Week event listed below. The focus of the panel is on HOW to integrate tech innovations into Chicago classrooms. This panel fills the absent space left by the Education Nation Job One event and the MacArthur Foundation/Pearson Foundation “Re-Imagining Learning.”
The panel conversation will feature some heavy weights in the education space in Chicago. Special invitees who have confirmed include CPS administrator, charter school leaders, edupreneurs and at least one IL legislator on the House education committee.

The event will be on October 12, 2:00-5:00 p.m. at the Illinois Technology Association (15th floor).

I have attached a full description of the event and pasted it below.

Regards,
Chris

Hello all,

Dorothy and I are super excited to have you all join our Chicago Ideas Week panel, “The Realities of Education Reinvention: Making innovative education ideas more actionable.” Several months ago we submitted a proposal to Chicago Ideas Week to host an event that would “discuss strategies for HOW educators are working to execute the urgent demands of bringing tech innovations into curricula and teaching 21st century tech skill into school curricula.”

In a word, the mission of this panel is to answer the question: HOW? With this panel we will produce a document that offers solutions for executing innovation in Chicago schools.

At the time that we proposed the panel the city of Chicago had recently experienced NBC’s Education Nation event that featured the Job One panel. This panel, which was headlined by such business leaders as Brad Keywell and Penny Pritzker, focused on the disconnect between skills needed in the 21st century labor force that business leaders are urgently seeking in candidates and the skills that students are being taught (or not) in school.

A few months prior to the Education Nation event, in March, the MacArthur Foundation and the Pearson Foundation hosted an event, Re-Imagining Learning (see also here), that showcased the Digital Youth Network, YouMedia and other established hi-tech programs, schools and curricula.

The goal of the Pocket Literacy Coach/Illinois Technology Association panel is to be a bridge conversation. In other words, we want to talk about HOW teachers, principals, education leaders and others can create the type of curricula featured in the Re-Imagining Learning panel that build the type of skills discussed in the Job One panel. Our purpose is to talk about HOW to integrate tech-based curricula and to incorporate blended teaching models using tech. The intention is to not only have a conversation about concrete, specific steps towards integrating tech-based solutions but to also compile a document, a position statement or otherwise outline what educators have successfully accomplished so that we can create a roadmap for others to follow.

Our all-star panel is made up of highly accomplished education leaders, each of whom brings incredible experience and knowledge to the group. Part of the mission is to have a public dialogue about the HOW’s of 21st century education reform. The second part of the mission of this panel is to produce the type of document mentioned above.

With these goals in mind, Dorothy and I request that each panel member take the time to not only contemplate the questions below, but also be prepared to submit at least one actionable step that a teacher, principal or leader must take or at least consider as they work to reinvent their school curriculum. If possible, we would like to have you submit that step to us in writing at some point before the panel. As well, we would like for each of you to recommend 5-6 people who you think would be meaningful audience participants (or people you think might want/need to hear this conversation) for a special invitation.

With this in mind, an example of some of the questions that we will explore as a panel include:

· What have you done or what are you doing to integrate curricular innovations and disruptive, 21st century technologies into your schools and classrooms?

· How did you do that?

· Once there was the vision and commitment to innovate, where did you start?

· What types of issues did you have to navigate (e.g. funding issues, teacher training issues, parent/teacher/school board resistance, labor issues, issues of access, testing issues, etc.)?

· Once you got things rolling, how did you sustain momentum? Track performance data, etc.?

· What or who are resources that people should be aware of or reach out to?

The panel will be held on 12 October 2011, from 2:00 p.m. to 5:00 p.m. at the Illinois Technology Association at 200 S. Wacker Drive, 15th floor, Chicago, IL, 60606.

Below is a list of panelists who will be participating.

This panel is an amazing opportunity to contribute valuable ideas to the City of Chicago and our schools. Dorothy and I are excited and thrilled to have each of you for this opportunity to continue to lead our city with your ideas and actions!

Regards,

Dr. Chris Drew and Dorothy Radke

Panel Participants:

Ryan Blistein – Ryan Blitstein is Executive Director of SCE, a social investment organization that connects talent and innovation with market forces to drive social change. He oversees SCE’s strategy and grantmaking, including its Digital Learning program, which focuses on the potential of digital media technologies to help children learn and practice both traditional and Deeper Learning skills. Before entering the social sector, Blitstein was a journalist for publications including The New York Times and TIME magazine, reporting award-winning investigations focused on the Silicon Valley technology industry and school systems in San Francisco, New York, and Chicago, among other topics. Blitstein serves as board treasurer of Global Press Institute, a nonprofit that trains and employs women in the developing world as journalists, and he is a member of the Chicago Committee of Human Rights Watch, one of the world’s leading organizations dedicated to defending human rights. He also advises a variety of Chicago community and global organizations on media, sustainability, and social impact strategies. ryan@scefdn.org

Pam Cray – With over 30 years of educational experience, Cray has served in key leadership positions including classroom teacher, director, trainer and most recently as the inaugural Academic Administrator for Chicago Public School’s first blended model charter school. Launched as part of the Renaissance 2010 project designed by then Superintendent Arne Duncan, she was responsible for all academic operations including faculty recruitment, training, staff development, special education, academic support programs, and program evaluation. Cray also designed and implemented parent training and support programs that resulted in higher retention and student academic achievement scores pam@iestrategies.org

Dr. Chris Drew – As the CEO of Pocket Literacy Coach, Dr. Drew has spent the past 3 years developing parent support tools on mobile platforms to empower parents to be more involved in their children’s education. His education advocacy work includes speaking events, authoring legislation and developing accessible resources to support the over 55% of US parents who do not read to their children at home. Dr. Drew has over 10 years of classroom teaching experience, primarily at Southern Illinois University, Lynn University and at City Colleges of Chicago. It has been his work with underprepared students and families that has been the impetus for his commitment and mission to reforming education by starting with the first and most important teachers that our students will ever have: their parents. He earned his Ph.D. in literacy and language studies from Temple University. chris@pocketliteracy.com

April Goble – As the Executive Director for the Chicago Area KIPP Schools, Ms. Goble works with school leaders and other stakeholders to ensure the high-quality performance, strategic growth and operational sustainability of KIPP schools in Chicago. Prior to working as the Executive Director of KIPP Chicago, she was both a teacher and founding school leader. Ms. Goble began her career in education as a Washington, D.C. corps member of Teach For America (TFA). After completing her TFA commitment, for which she received the TFA Cartier Award for Excellence in teaching and community involvement, she joined KIPP STAR College Prep Charter School in Harlem, New York as a founding teacher. She received her bachelor’s degree in Philosophy and History from Indiana University and her M.A. in Teaching, Early Childhood Education from Trinity College. – agoble@kippchicago.org, mherrera@kippchicago.org

Terry Howerton – Terry Howerton is a passionate entrepreneur, community builder and thought leader on collaboration, innovation and the social enterprise. A lifelong entrepreneur, he is a frequent speaker and active influence on public policy for the technology industry. Howerton was the founding chairman of the Illinois Technology Association, creating an organization to serve nearly 700 member companies and champion the growth of the industry. He co-founded TechNexus, a venture development collaborative used by thousands of entrepreneurs and stakeholders each month, and an ecosystem where hundreds of growth-stage companies innovate. Howerton has built or led software, internet, and infrastructure companies, and today sits on the board or advises several start-ups and growth stage companies. Terry was cofounder and now chairman of the Chicago Tech Academy, a charter school committed to educating future entrepreneurs and technology leaders in Chicago’s inner-city and underserved communities. Through this role, Howerton became acutely interested in education reform and actively speaks, writes and participates in efforts to improve the system. terry@technexus.com

Dr. Glenn “Max” McGee – Dr. Glenn “Max” McGee is recognized as a dynamic leader, teacher, speaker and writer on critical issues in educational leadership and legislation. He is President of the Illinois Mathematics and Science Academy, a residential academy that educates the top math and science students in Illinois and is active in statewide outreach programs. Dr. McGee is a former Illinois State Superintendent of Education and has been a teacher, principal and superintendent to three Illinois public school districts. He is a past chairman and current member of the board of directors for the Golden Apple Foundation. He also serves on the boards of the Great Books Foundation, the Governor’s P-20 Council, the Diversifying Higher Education Faculty in Illinois, the Illinois Association for Gifted Children, as well as the National Research Council’s Workshop on Effective STEM Schools steering committee. Dr. McGee is a regular speaker at state and national conferences, has published several articles and coauthored two books, most recently The Perfect School. maxmcgee@imsa.edu, mmalenke@imsa.edu

Brenda Darden Wilkerson – Brenda Wilkerson has a rich history in IT. From building software applications as a entrepreneur, to working in software development and management in corporate America, to managing IT programs at both the college and high school administration level, Brenda has been an advocate for building and maintaining a strong IT workforce. Most recently as program manager of Information Technology Programs for Career and Technical Education in Chicago Public Schools, Brenda has overseen the complete revision of its Program of Study adding growth curve, college-level STEM education to over 35 high schools. Brenda was recognized by the Oracle Corporation for Innovation in Education for helping to prepare nearly 100 CPS teachers and Chicago City College Faculty to deliver its world-class Oracle Academy. Brenda also serves on the Illinois P-20 College and Career Readiness Committee, and its Illinois IT Programs of Study subcommittee. bdwilkerson@cps.k12.il.us
–
Dr. Chris Drew, Ph.D.
Pocket Literacy Coach
CEO

312.593.6862
www.pocketliteracy.com
__________________________________
Wednesday, November 2: Funding Feeding Frenzy [ 20% Discount Code: jbarlow ]

Subject: 11/2 event for May Report consideration
Date: 10/2/2011 10:02:52 P.M. Central Daylight Time
From: nancy_tubbs@fullcalendar.com
To: ronaldmay@aol.com, melanie_adcock@msn.com

Hi Ron and Melanie,

Here’s an event for consideration for The May Report.

Thanks very much,
Nancy Tubbs
==============================================

Extraordinary Success LLC presents:

Funding Feeding Frenzy [ 20% Discount Code: jbarlow ]

DATE/TIME:
Wednesday, November 2
8:30am-8:00pm

LOCATION:
Grossinger City Autoplex
1500 N Dayton St.
Chicago, IL, 60642

COST/REGISTRATION:
$117.00-177.00 – [ 20% Off Event Discount Code: jbarlow ].

goo.gl/jiFfD

MORE INFO:
Website: goo.gl/jiFfD
Email: jaybarlow@gmail.com
Phone: 650-575-5162
Contact: Jason Barlow

DESCRIPTION:
Funding Feeding Frenzy [ 20% Discount Code: jbarlow ]

The Funding Feeding Frenzy is the ultimate experience for CEOs and founders of fast growing companies to get connected with other entrepreneurs and investors to help take their businesses to new heights of success. The Funding Feeding Frenzy is a unique opportunity to network with those ready to recognize the potential your company holds.
_______________________________
Indianapolis based Pamlico Capital and the management team of T2 Systems announced today that Pamlico has made a $28 million equity investment in T2 Systems, Inc.

Subject: In Chicago this would be front page news
Date: 10/1/2011 10:31:03 A.M. Central Daylight Time
From: slundin@bigfrontier.org
To: ronaldmay@aol.com

September 30, 2011

News Release

Indianapolis, IN, September 30, 2011 – Pamlico Capital and the management team of T2 Systems announced today that Pamlico has made a $28 million equity investment in T2 Systems, Inc. T2, founded in 1994, is a rapidly growing provider of unified SaaS (Software as a Service) parking management solutions in the U.S. and Canada. CEO Mike Simmons will retain significant ownership of T2 and will continue to manage the growth of the company in partnership with Pamlico and the existing senior management team. Pamlico has also committed to investing additional expansion capital. Detailed terms of the transaction have not been disclosed.

T2 Systems is the only provider of a unified SaaS parking management solution for universities, municipalities, event facilities, hospitals and private parking providers. No other company in the industry offers the same breadth of solutions on a single platform including permit management, enforcement, PARCS (parking access and revenue control systems) and event parking. T2 solutions offer an information-centric approach with real-time data availability in a PCI-compliant hosting environment.

“We chose to partner with Pamlico because of its track record of supporting companies and entrepreneurs as a growth capital provider,” said Mike Simmons, T2 CEO. “T2 is poised to continue to grow as parking operations focus on unifying all operational and financial data in a single system in order to maximize parking revenue and utilization of parking assets, while delivering high-quality customer service demanded by today’s consumer. The expertise and resources Pamlico brings to our team will be critical assets in these endeavors.”

Pamlico Partner Walker Simmons said, “Our focus on making equity investments in growing and profitable industry-leading technology companies led us to T2. We were tremendously impressed by the caliber and breadth of the management team, as well as the opportunity T2 has to capitalize on the favorable trends in intelligent transportation and infrastructure markets.”

T2 was advised by Harris Williams & Co. (investment banker), Barnes & Thornburg LLP (legal advisor), and Katz Sapper and Miller (financial and tax advisor). Pamlico was advised by Alston & Bird LLP (legal advisor).

About T2 Systems

Since 1994, T2 Systems has delivered proven parking solutions that meet the ever changing needs of the parking industry. This commitment is evident in T2’s quality products and services, thought leadership and strong customer relationships. With its broad range of technology-based solutions, T2 Systems is trusted by more than 350 organizations in the US and Canada including universities, cities, towns, hospitals, airports and private operators. T2 Systems is headquartered in Indianapolis, Indiana and has virtual offices throughout the United States and Canada. For additional information about T2 Systems, Inc. products and services, visit www.T2systems.com.

About Pamlico Capital

Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies. Pamlico Capital seeks growth equity and buyout investments of up to $100 million alongside proven management teams in its target industries, which include business & technology services, communications, and healthcare. The firm, based in Charlotte, NC, currently manages over $2 billion in committed capital. Please refer to www.pamlicocapital.com for additional information.

Source: T2 Systems
__________________________________
David Allen: MoMo meeting on September 26th

Subject: RE: David, was there a MoMo meeting this month? If so, where was it & who spoke?
Date: 9/30/2011 3:12:04 P.M. Central Daylight Time
From: dallen@QMobileSolutions.com
To: RONALDMAY@aol.com

Ron,

Yes there was. It was on the 26th at Vibes. Chris Brown from Orbitz spoke about their experiences and approach on adopting Mobile channels when they already had an established business using traditional internet channels. He covered a lot of the things they had to weigh up when deciding what resources to dedicate to mobile and what their approach would be. Very informative and interesting to hear things from the perspective of a large global company.

Take care

David

——————————————————————————–

From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Wednesday, September 28, 2011 1:41 PM
To: dallen@qmobilesolutions.com
Cc: ronaldmay@aol.com
Subject: David, was there a MoMo meeting this month? If so, where was it & who spoke?
_________________________________
Layton Olson: Correction: Investing in Communities grants from $1000 to $10,000 — deadline October 12
Subject: Correction: Investing in Communities grants from $1000 to $10,000 — deadline October 12
Date: 9/29/2011 12:37:10 P.M. Central Daylight Time
From: leo@howehutton.com
To: RONALDMAY@aol.com
CC: mp@maprealestate.com

Ron,

A correction on “how much” in Grant Funding is available from Investing in Communities (for those registering as Nonprofit Partners by Oct 12) for this social networking “door prize” drawing event on October 25 at Urban Partnership Bank’s new downtown office: There will be a total of $42,000 distributed, 1 grant at $10,000, 3 grants at $5,000, 4 grants at $2,500 and 7 grants at $1000.

Sorry for “understating” how much will be available for top grant. Below is corrected information.

Layton

_____________________________
Anonymous: “Groupon’s newest deal to reward customer loyalty (*)”

Subject: Great idea ?
Date: 9/28/2011 7:53:57 P.M. Central Daylight Time
From: [Name and address withheld upon request]
To: RONALDMAY@aol.com

Ron :

If you publish this, please withhold name and e-mail address. Thank you

When reading (on Crain’s) about “Groupon’s newest deal to reward customer loyalty (*)”,

if/when Groupon finally has its IPO, could we envision Groupon’s shares being offered that day as a “Daily Special” at 50% off … ?

[Name withheld upon request]

(*) (Reuters) — Groupon Inc. launched its online retail arm Groupon Goods for its American subscribers on Wednesday, moving beyond daily group discounts to compete with leaders like Amazon Inc . ….
_____________________________
Layton Olson: Where Social Responsibility Meets Real Estate | Investing In Communities — October 12 deadline for $1000 – $10,000 grants

Subject: Where Social Responsibility Meets Real Estate | Investing In Communities — October 12 deadline for $1000 – $5000 grants
Date: 9/22/2011 12:51:59 A.M. Central Daylight Time
From: leo@howehutton.com
To: leo@howehutton.com
CC: mp@maprealestate.com

Colleagues involved with charitable and social enterprises,

1. Do you seek to become wider known — through social networking — for your charitable or social enterprise work?
2. Are you interested in opportunities to receive a $1000 to $10,000 grant for your charity, if you register by October 12?

Below is a link to the website of a longtime client Investing in Communities and pioneer in Chicago (and wider) social enterprises. ICC and its founder Michael Pink of MAP Real Estate (a long time “tenant rep” for busineses and NFP’s needing office space) are the creators of non-grant-based revenue-generating opportunities for charities through social networking.

iiconline.org/

I would be glad to provide additional information, or contact Michael Pink (copied).
I look forward to seeing you at the October 26 event!

Good luck!

Layton Olson
www.howehutton.com
312-263-3001

www.acnconsult.org
www.broadbandillinois.org
________________________________
Tuesday, October 11: Special Invitation: Why China? Why Now?

Subject: Special Invitation: Why China? Why Now? October 11 – 4:30-8:30pm
Date: 9/28/2011 4:15:24 P.M. Central Daylight Time
From: tatvshow@yahoo.com
To: ron@themayreport.com
CC: RONALDMAY@aol.com

bit.ly/iergchicago

CHICAGO
October 11, 2011

Why China? Why Now?
Opportunities and Challenges in one of the World’s Most Dynamic Markets

Registration Fee:
$35 for Members of IERG, MIT-EF and other supporting organizations; $45 for non-members; Free for sponsors
Advance registration only! Space is limited.

mitefchicago.clubexpress.com/content.aspx?page_id=162&club_id=375711&item_id=190502&sl=102008173

All attendees will receive a complementary link to download a free copy of Professor Shaomin Li’s e-book “Managing International Business in Relation-based versus Rule-based Countries”,
Business Expert Press, 2009.

Agenda

4:30 PM
5:00 PM
5:15 PM

Registration
Introduction Keynote Speaker and Panelists
Panel Discussion with Q&A:

Keynote:
Elizabeth Harrington, Exec. Director, Chicago-China Economic Development Ctr.

Panelists:

Jia Zhao, Attorney at Law, Baker & McKenzie

Stephen Markscheid, CEO, Synergenz Bioscience, Inc.

Basile Waite, Director, Ops-Asia, LLC

Tracy Xu, Independent Consultant

6:30 – 8:30 PM

——————————————————————————–

Reception and Networking

——————————————————————————–

Sponsors and
supporting
organizations

Baker & McKenzie (Host Sponsor)
IERG China Chapter
Business Expert Press
Ops-Asia, LLC
IOR Global Services
MIT Enterprise Forum

Should you be interested in sponsoring this event or in actively participating, please email enquiries to: Bjorn Rektorli

——————————————————————————–

The International Executive Resources Group, IERG, is a not-for-profit organization of senior cross-functional business executives from around the world. They share their international knowledge and best practices and support and advance each others’ careers and interests.

www.iergonline.org

Bruce Eric Montgomery
Executive Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.twitter.com/techaccesstv
www.facebook.com/brucemontgomery
_________________________________
Bruce Montgomery: MoMo meeting on September 26th

Subject: Re: Bruce, was there a MoMo meeting this last Monday? If so, where was the notice?
Date: 9/28/2011 3:18:32 P.M. Central Daylight Time
From: tatvshow@yahoo.com
To: RONALDMAY@aol.com

Yes! It was this past Monday at Vibes!

Bruce Eric Montgomery
Executive Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.tatv.org
www.twitter.com/techaccesstv
www.facebook.com/brucemontgomery

——————————————————————————–
From: “RONALDMAY@aol.com”
To: tatvshow@yahoo.com
Cc: ronaldmay@aol.com
Sent: Wednesday, September 28, 2011 1:41 PM
Subject: Bruce, was there a MoMo meeting this last Monday? If so, where was the notice?
________________________________
Dan Sosedoff unsubscribing from TMR because it’s a mess but he wrote “its”

Subject: Re: Dan, why are you unsubscribing? Just curious.
Date: 9/23/2011 10:21:20 P.M. Central Daylight Time
From: dan@doejo.com
To: RONALDMAY@aol.com

Simply not interested. And your emails are not formatted properly, its a mess.

On Fri, Sep 23, 2011 at 9:48 PM, wrote:

–
Dan Sosedoff
dan@doejo.com
312.576.1330
_________________________________
Sunday, October 23rd at the Joffrey Ballet building: The Third Coast Filmless Festival (TCFF)

Come to the FilmLess Festival in Chicago

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Lee Greenhouse Lee@greenhousegrows.com

show details Oct 3 (2 days ago)

from Lee Greenhouse Lee@greenhousegrows.com
reply-to lee@greenhousegrows.com
to Lee Greenhouse
date Mon, Oct 3, 2011 at 11:43 PM
subject Come to the FilmLess Festival in Chicago
Important mainly because of the people in the conversation.

hide details Oct 3 (2 days ago)

Dear Friends,

We’ve all been to film festivals, but how about a filmLESS festival? Yes, it sounds like a crazy idea: Sit in a room and listen to some of the world’s best audio stories. The Third Coast International Audio Festival (I’m a proud board member!) brings exceptional stories to audiences on the air each week on the radio program “Re:sound” on WBEZ. The Third Coast Filmless Festival (TCFF) is a day-long celebration of story, sound and the art of listening. Now in its third year, the TCFF has drawn sell-out crowds of radio fans who gather in darkened theaters for “audio screenings” of unforgettable documentaries. Like the best film festivals, the TCFF is a mecca for audiences who may spend the entire day attending screenings, meeting the world’s top radio producers and learning more about the craft of audio storytelling.

The 2011 TCFF will take place in Chicago on Sunday, October 23rd at the Joffrey Ballet building, 10 East Randolph. Audiences will choose among five separate screenings, each organized around a theme and carefully curated to encompass a variety of styles, emotional impact, and artistry. Jonathan Goldstein of the comedy program “Wire Tap” will perform and festivities will culminate in the evening with our Awards Ceremony honoring the winners of the 2011 Third Coast / Richard H Driehaus Foundation Competition. Passes are now on sale at www.thirdcoastfestival.org/happenings/filmless-festival.

Hope you can come and listen with me — and bring a friend.

Best,

Lee

Lee Greenhouse

2305 N Commonwealth Ave

Chicago, IL 60614

(773) 404-0780

lee@greenhousegrows.com
____________________________________
Tuesday, October 4: BNC VC Group 10/4/11 Presenters: CBS Shrimp Burger, Jackman Financial Services. Host: Polsinelli Shughart PC [Editor's note: May here. Let the buyer beware. More people have come forward in the last week or so who want to stay anonymous for the time being to say that Mr. Bland simply does not deliver on promises made and he has far too many irons in the fire to do even a half-a**ed job for anyone. To CBS Foods www.chefbigshake.com.php5-19.dfw1-1.websitetestlink.com and to Jackman Financial www.jackfina.com/index.html, consider yourselves warned.]
Subject: BNC VC Group 10/4/11 Presenters: CBS Shrimp Burger, Jackman Financial Services. Host: Polsinelli Shughart PC
Date: 10/2/2011 11:50:22 P.M. Central Daylight Time
From: len.bland@gmail.com
To: ronaldmay@aol.com

Sign up here: bit.ly/bncvc1004
10/04/2011, 5:00 PM – 8:00 PM Polsinelli Shughart, 161 N. Clark. 41st Floor, Chicago, IL

Join the BNC VC Group on LinkedIn

Polsinelli Shughart PC is one of the top 100 law firms in the country, with more than 530 attorneys in 16 cities stretching from Washington, D.C. to Phoenix.
Whether you need legal counsel to structure your business or organization; to ensure it is compliant with industry or government regulations; or to protect it in litigation situations, Polsinelli Shughart has the broad range of experience and depth of attorneys to help you meet your legal objectives. Our attorneys think like entrepreneurs. Problems are solved, not prolonged. We mobilize with a sense of urgency. We provide clear answers but don’t stop there. Meaningful perspective and counsel always follow.

Polsinelli Shughart attorneys bring considerable resources and experience to entrepreneurial work by focusing on the special needs of our clients who are starting businesses. We provide legal counsel on issues that today’s entrepreneurs may encounter, from the obvious to the oblique. Our attorneys have partnered with many of our clients from their first day of business and helped them grow and prosper into successful and innovative enterprises.

We assist our start-up company clients in numerous ways, including developing intellectual property strategies, launching websites, raising capital, acquiring and selling technologies and companies, and developing strategic partnerships. In addition, we prepare and review a wide range of technologies, vendor and licensing agreements. We also protect our clients’ intellectual property assets through trademarks, copyrights, patents, licensing agreements, employment agreements, privacy policies, litigation, technology development, trade secret protection and research and development issues. Thanks to our firm’s entrepreneurial background, we also have represented some of the Midwest’s hottest new companies with private equity offerings – including one of the fastest growing Internet security companies and a pioneer in the field of alternative energy.

At Polsinelli Shughart, we believe that it is our role to not only monitor the changing landscape in both industry and law, but to deliver innovative solutions that meet your quality standards and deadline challenges.

If you would like more information on how we can assist you, please contact Chris Pesch at (312) 873-2968 or James Asmussen at (312) 873-3697.

Entrepreneurs, send your executive summary to len_bland@conceptequity.com to be considered to present at the BNC Venture Capital Group.

How does Business Network Chicago choose their 3 monthly presenters?

Events

BNC Event Calendar

Funding Feeding Frenzy Presentation Elevation 9/19. Discount Code: LenBland

Midwest Renaissance Fund investor meeting 9/27 Contact lbland@mwrvcf.com

Special Kids Network Charity Poker Tournament – 10/22

Funding Feeding Frenzy – 11/2 Discount Code: LenBland

News and Articles

The Startup Act – creating jobs – Kauffman Foundation

BNC Presenter Champion Medical Technologies selected as a Chicago Innovation Awards Nominee.

It Takes a Customer Sale to Prove a Business Model

Core Insight Story on our last meeting

Archives

Seth Godin on permission

Knowing your why: Simon Sinek: How great leaders inspire action | Video on TED.com

Dos And Don’ts When Making Your Venture Capital Pitch : Money

BNC VC Group presenter M-Dot is purchased

Creating a Company Vision

5 uncommon ways to pitch potential investors

How does a VC value a business? « The Equity Kicker

Ideas from the Capital Matchmaker: Illinois Angel Investment Credit

Advice for Entrepreneurs Pitching a VC

Starting with the Why. Where Inspiration and Possibility Meet

SCOR – Use the Internet to Raise Startup Money

The Top 10 Lies Entrepreneurs Tell VCs – Tech Europe – WSJ

Angels act: 100 percent exemption for gains made in Qualified Small Business Stock

“We all know that business plans are a sub-genre of science fiction”

11 Ways to Lose Investors Before You Finish Speaking

The 5 biggest mistakes entrepreneurs make
Know Your Numbers Cold

Series AA Equity Financing Documents

Business method patents preserved for software entrepreneurs.

Concept Equity Blog: What goes into the PPM? How to generate a Term Sheet?

Inc: An Insider’s Guide to Venture Capital Financing

When should entrepreneurs use an NDA?

Inc Magazine: How to Read a Term Sheet
Why You Should Start a Company in Chicago

Entrepreneurs have trouble crafting a simple, emotional message because they suffer from the curse of knowledge.
Audio Sample from Made to Stick

Perfecting Your Pitch – what goes into a good investor presentation?

How does the investor make money? Modeling the answer to one of our four questions. Stories connect to emotions, where decisions are made

Angels take an average of 67 days to close a deal.

Why It’s So Difficult to Find Angel Capital

Len Bland Funding Interview on SmallBiz America

Startup Valuation: Top Ten Techniques

Investor Presentation – 10 Slides is Just Right

Must see from 2006, Guy Kawasaki’s The Art of the Start presentation

Why Business Plans Don’t Deliver – The five most common flaws-and how to fix them

Study Disputes The Value of VCs “Buying Local”

In Pitching to Angel Investors, Preparation Tops Zeal

I Love Executive Summaries

Three entrepreneurs make their pitch for capital.

The BNC Venture Capital Group introduces exciting investment opportunities to professional investors (angels, early stage venture capitalists, and private equity firms seeking add-ons) and fosters the growth of entrepreneurial activity.

Len Bland, CEO of Concept Equity, and David Carman, CEO of Business Network Chicago, lead the BNC Venture Capital Group. Each presentation lasts 10 minutes, followed by a 10 minute Q&A.

Effective presentations answer 5 questions:

·What is the product or service?
-Why will customers buy it?
·Why is this management team the best one to run the business?
-How does the company make money?
·How will the investor make money?

5:00 PM – Networking
5:30 PM – Introductions
5:45 PM – CBS Foods
6:15 PM – Jackman Financial Services
7:45 PM – Presenter

CBS Foods www.chefbigshake.com.php5-19.dfw1-1.websitetestlink.com creates gourmet seafood dishes made with the finest ingredients. Our recipes are made with the everyday consumer in mind. Products are now sold at restaurants, grocery stores, and the Internet. You will have the chance to taste one at the meeting.

Jackman Financial www.jackfina.com/index.html provides immediate cash for life insurance policy assignments. We determine the true value of a life insurance policy so you and the family know the amount of funds available. We will immediately advance cash of up to 95.5% of the value for funeral, cemetery, or any other expenses.

Polsinelli Shughart
161 N. Clark Street, Suite 4200
Chicago, IL 60601

Sign up at123Signup – Event cost $25 (late $30)

Evening Meeting includes food and beverages
Call Len Bland at 847-317-0656 or write len_bland@conceptequity.com with questions or if you have any difficulty registering. Other investors welcome.

If you have a scheduling conflict, please join us for the next meeting set for the first Tuesday of each month.
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