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
______________________________
TABLE OF CONTENTS

The Scoop section:

– The ITA CityLIGHTS Awards went to the following people and companies Thursday night

[Editor's note: May here. If you missed the dinner, you're probably finding it out here first. I sat outside on Jackson in a wheelchair for more than two hours, from 9:30pm to just before midnight to get this and a great deal of other information -- a full report later today.

Think about it. I've been banned from attending this or any other ITA event by Hoch and Howerton since the awards in 2009.and I don't even go to non-ITA events held at Tech Nexus

This is now my third year in exile.
We all know very well how this came about.

On October 5, 2009, Terry Howerton wrote to me the following:
"But I now join the rest of Chicago's community leaders in belief that you are an incurable cancer to Chicago, and unworthy of any attention or access."

Enough is enough. The new ITA chairman Jim Gagnard may agree that it's time for a new day.

Thornton is gone, Weinstein is gone, and Howerton is effectively gone.

It's hard enough doing the actual reporting. Do I have to be made to suffer too? I'm not trying to channel Bob Dole here, but where's the outrage? What does it say about the Chicago high tech community that a guy who has been covering the tech scene for more than 20 years, whose health is terrible by any normal standard -- there's a reason they call it End Stage Renal Disease -- and who covers the beat with more intensity, curiosity, passion than anyone else in town, is excommunicated, banished, escorted out by security, threatened with arrest?

Are we proud when we look at ourselves in the mirror?]
___________________________
The Scoop section:
___________________
The ITA CityLIGHTS Awards went to the following people and companies Thursday night

New Concept Award: Gogo beats out Eved, NuMat Technologies, Redpoint Technologies and BeBeVu, Rise Interactive, Sociocloean and Tangible Haptics

Best Strategic Use of Technology Award: Allstate Insurance Company beats out Apex Systems, Load Delivered Logistics, nAbelment, Northern Trust and Uber

Prominent Woman in Tech Award: Carole McCluskey, Coinstar & Redbox takes the honors over Ellen Barry, The EBarry Group; Rona Borre, Instant Technology, Dee Daniels, Digital Diva 2.0; Dimitra Georganopoulou, Ph.D. Ohmx; Marian Mangoubi, Sassy CEO

Newcomer Award: Trunk Club beats out BrightTag, Care Team Connect, ecycler, GiveForward, SA Ignite, SocialKaty

Rising Star Award: Braintree wins out over CohesiveFT, crowdSPRING, Infobright, kCura, MBX Systems,
Rightpoint, and SilkRoad Technology (my info. is that Flip was there)

Lighthouse Award: SXC Health Solutions wins out over Echo Global Logistics, Gogo, GrubHub, Redbox and ShopperTrak

Technologist of the Year Award: Michael Fineberg, SurePayroll
beats out Ian Foster, University of Chicago; Matt Manzella, Allstate Insurance Company; and Tracey Wiedmeyer, InContext Solutions

CEO of the Year Award: Michael Alter, SurePayroll wins over Eric Belcher, InnerWorkings; Dan Jauernig, Classified Ventures;
Robert Knott, SWC Technology Partners; Shawn Riegsecker, Centro; and Jai Shekhawat, Fieldglass

CityLIGHT Award: Dan Lyne, World Business Chicago wins out over Matt Moog, ViewPoints Network; The Mayor’s Office; Dennis Roberson, Illinois Institute of Technology, and Phil Tadros, Doejo
__________________________
END OF REPORT

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
_________________________________
TABLE OF CONTENTS

The Scoop section:

– Flip’s son, Andrew E. Filipowski Executive Producer on movie “Head Games” directed by Steve James
– Thursday, May 10: Chicago Streetcar Renaissance Launch Party
– NanoInk announced today the availability of High Density (HD) Tip Arrays for Polymer Pen Lithography (PPL)
– Ray Markman won the Kindle at the MIT-EF Fair Pair
– Wednesday, May 16: Daliah Saper: This month’s Seminar at Saper Law will consist of an afternoon panel discussion with R.J. Melman and Matt Matros, two of Chicago’s dining luminaries. Daliah Saper will serve as the moderator
– Wed, May 16th: Technology & Media: Quick tips on working smarter not harder with Meagan Lopez of www.socialkaty.com
– Thursday, May 17: ITCC: Wrigley Co. president Martin Radvan speaking
– Thursday, May 17: Chicago Lean Startup Circle
– It’s too confusing for me: Trending “Lean Startup” Meetups near Chicago, IL Sign up for the Weekly Calendar
– Thursday, May 17: Business Networking Event @ChicagoMicro
– Monday, May 14: MoMo: What Every Mobile App Developer Needs To Know About Intellectual Property
– Tuesday, May 22: LES: Recent Developments in Life Science Intellectual Property Strategies
– 7 New Educational Startups Founded By Minorities in Tech
– Darn, I wish I had remembered to go to this: ACG: Early $ Ends Today for the HC Conference: 100′s of Peers, Dozens of Speakers, Deal Flow & Networking
– Sent by Bill Anthony: A Pitch for a Micro-Donation Site That Uses Social Media
– Doejo clients in the news: Mouthee, Snackpot & AGC
– Tadros: Jobs@Arabia.com – NYTimes.com
_____________________________
The Scoop section:
________________________
Flip’s son, Andrew E. Filipowski Executive Producer on movie “Head Games” directed by Steve James

Fwd: Andrew E. Filipowski Executive Producer on movie “Head Games” directed by Steve James
Inbox
x

Andrew Filipowski afilipowski@headgamesthefilm.com
May 8 (2 days ago)
to me
Ron,

How you doing. [Name withheld upon request] forwarded this to me and I want to clarify one point. If possible at this point I would like the mention of [Name withheld upon request] to not be tied to head games. If u would like to discuss more feel free to contact me directly via email or phone 630-390-0146.
Thanks
Andrew
Sent from my iPhone
Begin forwarded message:
From: [[Name withheld upon request]
Date: May 8, 2012 9:40:47 AM CDT
To: “a.filipowski@me.com Filipowski” <a.filipowski@me.com>
Subject: Fwd: Andrew E. Filipowski Executive Producer on movie “Head Games” directed by Steve James
Begin forwarded message:
From: [Name withheld upon request]
Subject: Andrew E. Filipowski Executive Producer on movie “Head Games” directed by Steve James
Date: May 8, 2012 5:46:58 AM CDT
To: ron@themayreport.com
Hi Ron,
You may have not heard of me but I am [Name withheld upon request], Andrew E. Filipowski’s wife. I am married to Flip’s son and wish to remain anonymous. My husband is an executive producer on the movie “Head Games” that is going to premier in Chicago at the Park West on May 15, 2012. Andrew or “Flipper” as we don’t refer to him anymore is out on his own business ventures and the CTO at The [Name withheld upon request] Test, a test that can diagnose concussions on the sidelines in a matter of minutes.
He has teamed up with www.sportslegacy.org/about-sports-legacy-institute/about-sli/ and Steve D… to produce this film directed by Steve James. You can watch the trailer at www.headgamesthefilm.com
This issue is very timely considering Junior Seau’s death and the speculations that concurrent concussions create changes in behavior and possible death due to Chronic Traumatic Encephelopothy (CTE). Would be much appreciated if you could feature this in your Events calendar and give it a write up.
[Name withheld upon request]
Please, I would like to remain anonymous
________________________________
Thursday, May 10: Chicago Streetcar Renaissance Launch Party

Subject: Chicago Streetcar Renaissance Launch Party
Date: 5/7/2012 6:25:14 P.M. Central Daylight Time
From: jck@chicagostreetcar.com
To: ronaldmay@aol.com
When:
Thursday May 10
6:00 – 9:00 PM

Add to my calendar
Where:

Vapiano lounge
2577 N. Clark Street
(at Wrightwood)
Get Directions
Free event | cash bar

Come celebrate the start of something huge!
We want to build a modern streetcar line on Clark Street from Wrigley Field to the Loop.
Modern transit at the heart of the neighborhood for super-fast commuting, with convenient local shopping on the way home. Every year more commerce and less congestion. Great restaurants, outdoor cafés. Safe biking for people of any age.
To learn about our vision, visit chicagostreetcar.com
Join us for a drink and a bite to eat, and let’s talk about the future of our great city.

Register Now
events.r20.constantcontact.com/register/eventReg?llr=99i6trjab&oeidk=a07e5vhjp12c411d583&oseq=a012lh1owrjcf
Please join us!
John Krause, Executive Director
Chicago Streetcar Renaissance
jck@chicagostreetcar.com
312-810-1525
___________________________
NanoInk announced today the availability of High Density (HD) Tip Arrays for Polymer Pen Lithography (PPL)

Joshua Taustein jtaustein@dresnerco.com
May 1 (9 days ago)
to undisclosed recipients
NanoInk announced today the availability of High Density (HD) Tip Arrays for Polymer Pen Lithography (PPL). These high-density elastomeric pen arrays are ideal for high-throughput deposition of ink materials. Similar to standard Dip Pen Nanolithography (DPN) with regular silicon nitride pens, High Density Tip Arrays can be used for the deposition of molecules with well-controlled feature size.

The following is a recent video demonstrating the capability of High Density Tip Arrays for Polymer Pen Lithography.
www.youtube.com/watch?v=lBYXcQZ98GA&feature=youtu.be

Attached please find a press release and photo. Please let me know if you have any questions. Interviews are available upon request.

Regards,

Joshua Taustein
Associate
Dresner Corporate Services
20 N. Clark St. Suite 3550
Chicago, IL 60602
Direct: (312)780-7219
Mobile: (847)308-5168
www.dresnerpr.com
____________________________
Ray Markman won the Kindle at the MIT-EF Fair Pair

Subject: RE: Nancy, who won the kindle?
Date: 5/3/2012 8:42:34 P.M. Central Daylight Time
From: nancy@knowledgeshift.net
To: RONALDMAY@aol.com
Ray Markman he’s going to give it to his wife.
From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Thursday, May 03, 2012 8:05 PM
To: nancy@knowledgeshift.net
Cc: ronaldmay@aol.com
Subject: Nancy, who won the kindle?
______________________________
Wednesday, May 16: Daliah Saper: This month’s Seminar at Saper Law will consist of an afternoon panel discussion with R.J. Melman and Matt Matros, two of Chicago’s dining luminaries. Daliah Saper will serve as the moderator

Everyone likes food…
Inbox
x
ronaldmay@aol.com
x

Daliah Saper dsaper@saperlaw.com via mail1.us1.mcsv.net
May 1 (8 days ago)
to ronaldmay
Images are not displayed. Display images below – Always display images from dsaper@saperlaw.com

….but what does it take to create a profitable food-based business?
Saper Law regulary counsels food-based businesses and local restuarants. Accordingly, this month’s Seminar at Saper Law will consist of an afternoon panel discussion with R.J. Melman and Matt Matros, two of Chicago’s dining luminaries. Daliah Saper will serve as the moderator.
R.J. Melman is a corporate partner of Lettuce Entertain You Enterprises (Hub 51, M Street Kitchen, Stella Rossa Pizza Bar, Paris Club and RPM Italian) with extensive experience in the restaurant industry. In the past, he has consulted on numerous restaurant projects, and served in management roles for a number of Lettuce Entertain You properties, including R.J. Grunts in Lincoln Park.

Matt Matros is the owner and creator of Protein Bar. In 2007, Matt was inspired to create a healthy alternative to the chain fast food outlets clogging the loop. During the past five years, Matt has grown the Protein Bar brand to great effect: it is now one of the most popular downtown lunch destinations, and the business continues to expand to new locations.
Additional panelists will be confirmed next week. Space is limited. Register now!
Details:
Wednesday, May 16, 2012
Saper Law Offices, LLC
505 N. LaSalle, Suite 350
Chicago, IL 60654
Time: 3:00 pm – 4:30 pm
Cost $15 with online registration, $25 at the door.
Register here: maysaperseminar.eventbrite.com/
________________________________
Wed, May 16th: Technology & Media: Quick tips on working smarter not harder with Meagan Lopez of www.socialkaty.com

Subject: RSVP for Wed, May 16th: Technology & Media: Quick tips on working smarter not harder
Date: 5/10/2012 7:02:35 A.M. Central Daylight Time
From: meagan@socialkaty.com
To: ronaldmay@aol.com

Thought you would be interested in attending this awesome event! Is this email not displaying correctly?
View it in your browser.

You’re Invited!

Hello!
I’d love it if you’d be my guest and join in some great excelerated networking on Wednesday, May 16th at 8:30AM at the Mid-America Club in Chicago. It’s a gorgeous view and location, and the last time I went, I met some amazing connections! Make sure you bring LOTS of business cards.
In between all the networking, I’ll be speaking on: Technology & Media: Quick tips on working smarter not harder!
You MUST RSVP at the link below or by clicking on the image to attend. Email me at meagan@socialkaty.com if you have any questions.
events.ewomennetwork.com/event/details.php?eid=16357&ccode=IL101
Look forward to seeing you next week!
Please RSVP by clicking above if you plan on attending. It should be a fun day!
If you’d like to invite your friends, do so by clicking here: events.ewomennetwork.com/event/inviteDetails.php?eid=16357
follow on Twitter | friend on Facebook | forward to a friend
Copyright © 2012 The Lady Who Lunches, All rights reserved.
You are receiving this email because you opted in at my website, or you are a good friend of Meagan’s.
____________________________
Thursday, May 17: ITCC: Wrigley Co. president Martin Radvan speaking

Wrigley Co. president Martin Radvan speaking May 17
Inbox
x

Sidney Salvadori president@itcc.org via itcc.ccsend.com
10:16 AM (16 hours ago)
to me
Images are not displayed. Display images below – Always display images from president@itcc.org
Dear Ron,
The ITCC is pleased to support and encourages you to attend the 2012 British-American Business Council Chicago Speakers Series
Inaugural – 17 May 2012 at 11:30 am

2012 BABC Chicago Speakers Series

INTRODUCING SPONSOR
SUPPORTING SPONSORS

Where:
Maggiano’s
516 N. Clark Street
Chicago, IL 60654
Driving Directions
When:
Thursday May 17, 2012 from 11:30 AM to 1:30 PM CDT

K. Thomas Stevens, President of the British-American Business Council, Chicago

Cordially Invites You to the
Inaugural
of the

2012 British-American Business Council
Speakers Series

Featuring
Martin Radvan
President, Wm. Wrigley Jr. Company

Thursday, May 17, 2012
11:30 a.m. to 1:30 p.m.
Maggiano’s
516 N. Clark Street, Chicago
(Banquet Entrance on Grand)

$35 – BABC and ITCC Members
$45 – Others
**ITCC members and guests, please select
“MAY17VIP: $35.00″ on registration page**
Please inquire to cbrenkus@babcc.org for tables
Kindly RSVP before May 11

Register Now!
Martin Radvan is President of the Wm. Wrigley Jr. Company, responsible for the company’s worldwide strategy, operations and business performance. Click here to read more: Martin Radvan

Stay tuned for details on the June British-American Business Council Speakers Series, featuring Fritz Johnston,
Vice President, Global Brand Management, The Boeing Company.
_____________________________
Thursday, May 17: Chicago Lean Startup Circle

www.meetup.com/Chicago-Lean-Startup-Circle/?__force_urlname=true&doFBlogin=true
Chicago Lean Startup Circle Home
Members
Sponsors Photos
Pages
Discussions
Message Board Mailing List More

Polls Files Promote Join us! The Chicago Lean Startup Circle is a group of smart and driven high-tech entrepreneurs that have learned how to discover customers and build products they want.
Lean Startups (which can include for profit and not for profit organizations, new product/innovation organizations within larger companies and even government agencies) achieve success faster than most because they get out of the building to talk to customers, validate business model assumptions as quickly and cheaply as possible, use agile development to decrease time to market and leverage continuous deployment to learn as fast as possible.
Our mission attracts the brightest entrepreneurs in the Midwest and beyond and help them reduce risk and find a path to success. Our guest speakers like Eric Ries, Mike Evans, Brant Cooper, Patrick Vlaskovits and Troy Henikoff share their stories and techniques so we can all learn from each other.
Most of our previous events are recorded; you can find videos and slides from our events here.
Follow ChicagoLean on twitter and the #leanstartup hashtag
* The Lean Startup is a trademark and service mark owned by Eric Ries. *
..Join us Who do I know here?
Join us and be the first to know when new Meetups are scheduled Log in with Facebook to find out By creating a Meetup account, you agree to the Terms of Service
.Chicago Entrepreneurs Sharing Lessons Learned
Join and suggest a new Meetup
Upcoming 8PastCalendar.Meetup
Find a Cofounder Night – Speed Dating
Thu May 17
6:00 PM RSVP 6 days
left 74 attending
76 spots left
0 comments
Price:
$10.00 per person
RSVP deadline:
May 17, 2012 2:30 PM1871
222 W. Merchandise Mart Plaza, 12th Floor Chicago, Illinois 60654, Chicago, IL (map) →The Chicago Lean Startup Circle Wants to Set You Up On A HOT DATE! There are many options for Chicagoans to search for a romantic relationship. There is the old… Learn more Hosted by: Todd Wyder (Co-Organizer), and Bernhard Kappe (Organizer)
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“Shea Lutton, founder of PeriLabs.com is looking for cofounders. Peri Labs is a platform that organizes research for Finance and Engineering industries. Shea is a veteran of Chicago financial firms and has an MBA from the Kellogg School of Mgmt.”
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It’s too confusing for me: Trending “Lean Startup” Meetups near Chicago, IL Sign up for the Weekly Calendar

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1.2 miles away in Chicago, IL
2,331 Members
Chicago Lean Startup Circle May
17

Find a Cofounder Night – Speed Dating
Thursday 6:00 PM at 1871 in Chicago, IL
The Chicago Lean Startup Circle Wants to Set You Up On A HOT DATE! There are many options for Chicagoans to search for a romantic relationship. … Read more
RSVP »
Deadline: 5/17/12 2:30 PM.
Who’s attending?

74 attending
The Chicago Lean Startup Circle is a group of smart and driven high-tech entrepreneurs that have learned how to discover customers and build products they want. Lean Startups (which can include for profit and not for profit organizations, new product/innovation organizations within larger companies and even government agencies) achieve success faster than most because they get out of the building to talk to customers, validate business model assumptions as quickly and cheaply as possible, use ag …
Innovation, Lean Startup, Customer Development, New Product Development: Software & Tech, Entrepreneur, Lean Software Development, Product Design, Software Development, Startup Ventures, Startup Businesses, Web Technology, Business Strategy and Networking, Executive and Business Coaching, Agile Software
.
5.9 miles away in Chicago, IL
129 Developers, Entrepreneurs
Startup Bootcamp May
16

Weekly Startup Bootcamp
Wednesday 7:00 PM at Next Door Cafe in Chicago, IL
This is a weekly Startup Bootcamp event during which people can work on their startup, get help from other Bootcamp members, report status and get con… Read more
RSVP »
Who’s attending?

3 attending
Startup Bootcamp is a Chicago-based community dedicated to facilitating the initial phases associated with technology-related startups. In particular, it is a community of startups that can support each other throughout the so-called “Valley of Death” period. Startup Bootcamp is entirely free, barring the cost of any meeting facilities or other logistical costs (which are split up amongst the attendees). The goal of the community is to provide each other with support in order to facilitate th …
Software Developers, Startup Businesses, Lean Startup, Startup & Enterprenurs, Technology Startups, Web Startups, Startups, New Technology, Agile Software, Software Development
.
5.6 miles away in Chicago, IL
84 Members
Tech Startups There are no upcoming Meetups.
This group is for people involved with a startup using technology as the vehicle. From ecommerce, to social good, to mobile apps, etc.
Startup Businesses, Startup Ventures, Lean Startup, Venture Capital, Investor, Chicago, Social Networking, Social Media, Social Media Marketing, Digital Media, Entrepreneur, Social Entrepreneurs, Women Entrepreneurs, Web Startups
.
4.4 miles away in Chicago, IL
34 Entrepreneurs
Chicago Small Business Start-ups, Growth and Partnerships There are no upcoming Meetups.
… How to invest in start-ups and find investors ———————————— LINK TO OUR WEBSITES: OUR GOLF AND TENNIS MEETUP GROUP www.meetup.com/Playgolfandtennis/ OUR BUSINESS WEBSITES COMING IN 20212 startabusinessinchicago.com We host workshops and offer consulting services to Startup business, and have a 10 step Small Business Startup program. Chicagobusinesspartners.com Is private startup and small bus …
Startup Businesses, Web Startups, Startup & Enterprenurs, Starting a Business, Startup Ventures, Lean Startup, Startups, Home Based Business, Chicago Business Owners & Entrepreneurs, Small Business, Just Start, Small Business Marketing Strategy, Angel Investors, small business owners, Business Networking
.
1.2 miles away in Chicago, IL
212 Collaborative Entrepreneurs
VentureSHOT Entrepreneur Collaboration Community May
17

Startup & Growth Company Lunch – Entrepreneur Collaboration Sessions
Thursday 11:30 AM at VentureSHOT in Chicago, IL
This special series of collaboration sessions is for Entrepreneurs, Startups, 1st Stage & 2nd Stage Growth Companies, Bootstrappers and Business Owner… Read more
RSVP »
Who’s attending?

12 attending
… AND with more successful entrepreneurs who have built (and possibly sold) larger businesses and are willing to share their knowledge and experience with the VentureSHOT Community. 2. Startups with $0 to $100K in revenue, who have recently launched (or are about to launch) their company and need/want guidance on how to launch and grow a successful company from seasoned entrepreneurs and business specialists. 3. Entrepreneurs who have grown one or more businesses to more than $1MM in revenue. Who …
Small Business, Women Entrepreneurs, Entrepreneur, Venture Capital, Startup Ventures, Technology Startups, Lean Startup, Angel Investors, Green Entrepreneurs, Business Entrepreneur Networking, Small Business Marketing Strategy, Solar Energy, Real Estate Investors, Entrepreneurship, Startup Incubation and Entrepreneurship Mentors
.
1.2 miles away in Chicago, IL
729 entrepreneurs
Bootstrappers Breakfast – Chicago May
23

Bootstrappers Breakfast – Chicago Meetup
Wednesday 7:30 AM at Cafe 300 in Chicago, IL
- For first time attendees, read our Rules – Cost is a small fee to offset the coordination cost, everyone pays for their own meal; we will park our… Read more
RSVP »
Who’s attending?

10 attending
Join Other Entrepreneurs Who Eat Problems For Breakfast. * Compare Notes * Exchange Ideas * Learn from Others’ Mistakes * Brainstorm with Peers * Find Partners * Small Group Atmosphere * Serious Conversation Bootstrappers Breakfasts® are for founders of early stage technology startups. It is a chance to compare notes on operational, development, and business issues with peers. These breakfasts were designed for entrepreneurs to share ideas and leverage thoughts with other folks who are serious …
Entrepreneurship, New Technology, Startup Businesses, Startup Ventures, Entrepreneur, Lean Startup, Chicago Startups, Chicago Networking, Peer to Peer Advisory, Breakfast Club, Software Development
.
1.7 miles away in Chicago, IL
87 Residents
Venchure Community Meetup details are available only to members.
The Venchure Community brings together like-minded professionals through roundtable discussions, user groups, training workshops, seminars and civic community activities. If you’re an entrepreneur, startup, or a small business owner we welcome you to join! *This group will be limited to specific types of professionals and your membership will be pending upon approval. **This is not a group for MLM, sales leads, real estate or insurance sales. And definitely not a group for dating leads!! Any …
Community Support, Meetup and Explore the Community, Business Entrepreneur Networking, Business Strategy and Networking, Web Technology, Entrepreneur, Web Startups, New Technology, Entrepreneurship, Startup Ventures, Startup Businesses, Small Business, Education & Technology, Training and Development Professionals, Lean Startup
.
1 mile away in Chicago, IL
38 Tracker Users
Chicago Pivotal Tracker Users Group There are no upcoming Meetups.
The Pivotal Tracker User Groups are a forum for product managers, project managers, entrepreneurs, and developers to share techniques and discuss the real day-to-day issues surrounding software project management. We’ll talk about upcoming Tracker features and look at third-party integrations. We’ll discuss story estimation techniques and talk about what makes a good story. We’ll share our experience with agile planning, discuss patterns and anti-patterns of story management and acceptance, and …
Project Management, Agile Software, Agile Software Development, Extreme Programming, Lean Software Development, Lean Startup, Software Developers
.
less than 1 mile away in Chicago, IL
82 Human Beings
Selfish Altruism and Queer Zen Phenomenology – Chicago May
12

A scattering of topics and freewheeling conversation.
Saturday 2:00 PM at Kopi A Travelers Cafe in Chicago, IL
It would be great to meet with you over a cup or a plate and share ideas …. bring you … this Saturday!… Read more
RSVP »
Who’s attending?

1 attending
… I’m hoping to get ahold of an eclectic slice of the MetaFilter, reddit, LessWrong, Fetlife, overcomingbias, Focusing, Ken Wilber / Integral Spirituality / Integral Life Practice, Quantified Self, Lean Startup, Buddhist Geeks, Dharma Overground, Kenneth Folk Dharma, Open Practice, xkcd, fandom, Shinzen Young crowds, and more (suggest!). Let’s meet regularly, have interesting conversations, and strive for delight and hilarity. Opening the Hand of Thought by Kosho Uchiyama, Focusing by Eugene …
Self Empowerment & Exploration, Book Discussion, Human Sexuality, Meditation, Critical Thinking, Ethics, Personal Growth, Intellectual Discussion, Humanism, Rational thought and Skeptical Thinking, Secularism, Spirituality, Science, Philosophy, Social Justice
.
1.5 miles away in Chicago, IL
95 Liberators
Creative Liberation Front There are no upcoming Meetups.
… We have great ideas on how to grow this group, but to kick things off we are starting a speaker series of experts to speak on topics like: Account & Legal for Entrepreneurs, Health Insurance, Communication, Financial Planning, Design Thinking, Lean Startup Principles, Overcoming Creative Blocks, & Managing your Business. Together we can abolish the fear of working for yourself and educate that there is far more to fear at a “safe” 9-5 than going it alone.
Creative, Web Design, Graphic Design, Entrepreneur, Professional Networking, New Business Start Up, Freelance, Independent Designers, Creative Entrepreneurs Love to Connect
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Thursday, May 17: Business Networking Event @ChicagoMicro

Subject: Business Networking Event @ChicagoMicro
Date: 5/8/2012 2:28:45 P.M. Central Daylight Time
From: social@chicagomicro.com
To: ronaldmay@aol.com

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You are invited to attend!!!!
May 17th Business Networking Event @ChicagoMicro
This is Chicago’s premier Biz/Tech newtorking event – Almost 400 people will attend! Great Food! Great Drink! AND GREAT NETWORKING!! Thursday, May 17, 2012 from 5:30 PM – 8:30 PM!!
ChicagoMicro invites you to our next business networking event Thursday May 17th at our state of the art corporate headquarters located in downtown Arlington Heights.
Network with over 350 cool business owners, technology pros, investors, bloggers, budding entrepreneurs, and service providers!
Secure your spot at Chicagos premier business technology networking event here: suburbantech3.eventbrite.com/
Dude – our business networking events ROCK!!! Enjoy the opportunity to explore new and emerging products and technologies and network with fellow business owners, service providers, and entrepreneurs! Like every other event we do, we’ll have great food, cool adult refreshments, and excellent giveaways! Bring lots of business cards. There will be multiple drawings for prizes. Business owners are encouraged to bring their employees that handle IT or their outside IT consultants.
Experts from companies such as Microsoft, HP, Barracuda, Ruckus, Eaton, Netgear, Adtran, Wyse, Samsung, LG, Eset, Lifesize, VMware, and many others will be on hand.
Reserve your spot today! If you have additional questions, contact us at 877.832.4312 or by e-mail at social@chicagomicro.com
ChicagoMicro
21 South Evergreen
2nd Floor
Arlington Heights, IL 60004

Attend Event

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Copyright © 2012 ChicagoMicro, All rights reserved.
If you can please attend out next business networking event!
Our mailing address is:
ChicagoMicro
21 South Evergreen
2nd Floor
Arlington Heights, IL 60005
Add us to your address book
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www.eventbrite.com/event/3389418843/mcivte
Event Details

ChicagoMicro invites you to our next business networking event Thursday May 17th at our state of the art corporate headquarters located in downtown Arlington Heights.

Network with over 350 cool business owners, technology pros, investors, bloggers, budding entrepreneurs, and service providers!

Secure your spot at Chicagos premier business technology networking event here:
suburbantech3.eventbrite.com/

Dude – our business networking events ROCK!
Enjoy the opportunity to explore new and emerging products and technologies and network with fellow business owners, service providers, and entrepreneurs! Like every other event we do, we’ll have great food, cool adult refreshments, and excellent giveaways! Bring lots of business cards. There will be multiple drawings for prizes. Business owners are encouraged to bring their employees that handle IT or their outside IT consultants.

Experts from companies such as Microsoft, HP, Barracuda, Ruckus, Eaton, Netgear, Adtran, Wyse, Samsung, LG, Eset, Lifesize, VMware, and many others will be on hand.
Reserve your spot today! If you have additional questions, contact us at 877.832.4312 or by e-mail at social@chicagomicro.com
____________________________
Monday, May 14: MoMo: What Every Mobile App Developer Needs To Know About Intellectual Property

www.meetup.com/momo-chicago/events/62238032/?a=me1_grp&rv=me1&_af_eid=62238032&_af=event&_af_mid=10029144
What Every Mobile App Developer Needs To Know About Intellectual Property
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Monday, May 14, 2012, 6:00 PM
SELECTED BY: JONATHAN OZERAN
1871
222 W. Merchandise Mart Plaza, 12th Floor Chicago, Illinois 60654, Chicago, IL (map)
SELECTED BY: JONATHAN OZERAN
We’re excited to be holding our May MoMo Chi meeting in the brand new 1871 space! This month, Aric Jacover of Jacover Law will present on the following subject:

What Every Mobile App Developer Needs To Know About Intellectual Property
(How To Protect and Use IP To Maximize Profits and Reduce Risk)

Aric will discuss the life of a mobile app — from development to marketing to sales — while focusing his talk on the various IP issues that can arise along the way and how to best handle them.
Other elements of his talk will include:
- Distinguishing between the various forms of IP found in mobile apps, such as trademarks, copyrights, patents, trade secrets and publicity rights.
- Safely making use of third-party IP in your app (e.g. software code, music, photos, videos, icons, etc)
- Making sure the IP you developed is owned and protected from unauthorized use.
- Suggestions on handling, storing and rendering user-generated content through your app.
- Tips and best practices for EULAs (End User Licensing Agreement) and Privacy Policies
WHERE: 1871 > 222 W. Merchandise Mart Plaza, 12th Floor, Chicago, IL 60654
WHO: MoMo Chicago
WHAT: Presentation, Q&A, discussion and networking.
73 attending
12 spots available
EVENT HOST
Vivek Vaid
organizer
EVENT HOST
Jonathan Ozeran
co-organizer
EVENT HOST
Todor Krecu
co-organizer
EVENT HOST
Jimmy Bremner
co-organizer
Chris Gantz
Steve Samnadda
Bennett Rothenberg
Jerome
+1 guest
Dean R
Eran Miller
TAYLOR STYDUHAR
Ron May
Dan Sielicki
Joshua Nard
Jeff Rames
Peter Thomas
Linda Kay
kevin smith
Justin Chambers
Kristi Zuhlke
MB Klatt
Zhaoxia Zhang
sa
Vlad Toader
Patrick Villanueva
Gino Cipperoni
Mike Metz
Martin O’Shield
Tanita
Lev Steshenko
Greg Janssen
Kathleen Virginia Page
Hodari
Reid C Lappin
Erik Hope
Fred Smith
+1 guest
Emil Koulov
Shoby Abdi
Eric MacAdie
Whitney Jasnoch
william romanchek
+1 guest
Mark Thompson
Bill M
Demiah Bryant
Kate
Brandon Passley
Debashis Sikdar
This is a great great agenda!! Being located in India, it is impossible for me to come over to the venue to attend. So could you kindly arrange to livestream or upload recordings of the proceedings over UStream or any other similar channel?
Chad Lilly
Bruce Montgomery
David I.
Kiryl Tsukerman
Kai
David Allen
Michael
Nicholas
Joe Hass
Martin O’Shield
Eric D. Boyd
Eli Gratz
Jim Keleher
Jason Farrell
Igor Fedulov
Kinstelli
Anthony Handley
Austin Andrews
James Winstead
Nathan Corvino
Simeon Schnapper
Justin Munger
R Singh
______________________________
Tuesday, May 22: LES: Recent Developments in Life Science Intellectual Property Strategies

May 22 Meeting: Recent Developments in Life Science Intellectual Property Strategies
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LES Chicago Chapter chapters@les.org via mail52.us2.mcsv.net
May 4 (5 days ago)
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LES Chicago Chapter Meeting
DATE & TIME
Tuesday, May 22, 2012
11:45 AM
LOCATION
Lake Forest Graduate School of Management
1905 W. Field Court
Lake Forest, IL 60045
(847) 234-5005
TITLE
Recent Developments in Lifescience Intellectual Property Strategies
SPEAKER
Reid Adler, Principal, Adler Strategies
DESCRIPTION
This is a challenging and fascinating time for patent and regulatory strategies, given overall industry trends. Innovative approaches will add significant product value and also increase the probability of commercial success. FDA’s very recent “draft guidance on biosimilar product development” (Feb 2012) may help the “biogenerics” industry, but biologics aren’t small molecules – and the “traditional” IP approaches aren’t sufficient for this class of product. This presentation also will discuss the broader impact of recent Supreme Court cases such asPrometheus and Myriad, and the Lovenox decision by the Federal Circuit. And the relatively new “America Invents Act” (effective September 2011) will be considered for some additional impacts on biopharma IP strategy.
Click here for registration and meeting details.
You are receiving this message because you participated in the events and activities of the Licensing Executives Society, USA & Canada.
Our mailing address is:
Licensing Executives Society
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Suite 280
Alexandria, VA 22314

Copyright (C) 2012 Licensing Executives Society All rights reserved.
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www.lesusacanada.org/chapters/usa/chicago-chapter/may-22-2012-chicago-chapter-meeting?utm_source=LES+Chicago+Chapter&utm_campaign=fdbfc3f01c-Chicago_May2012&utm_medium=email
Chicago Chapter Meeting
DATE & TIME
Tuesday, May 22, 2012
11:45 AM
LOCATION
Lake Forest Graduate School of Management
1905 W. Field Court
Lake Forest, IL 60045
(847) 234-5005
TITLE
Recent Developments in Life Science Intellectual Property Strategies
SPEAKER
Reid Adler
Principal
Adler Strategies
DESCRIPTION
This is a challenging and fascinating time for patent and regulatory strategies, given overall industry trends. Innovative approaches will add significant product value and also increase the probability of commercial success. FDA’s very recent “draft guidance on biosimilar product development” (Feb 2012) may help the “biogenerics” industry, but biologics aren’t small molecules – and the “traditional” IP approaches aren’t sufficient for this class of product. This presentation also will discuss the broader impact of recent Supreme Court cases such as Prometheus and Myriad, and the Lovenox decision by the Federal Circuit. And the relatively new “America Invents Act” (effective September 2011) will be considered for some additional impacts on biopharma IP strategy.
REGISTRATION
Early by May 21
LES Member: $35
Non-Member: $40
Onsite
LES Member: $40
Non-Member: $45
Registration Deadline: Monday, May 21, 12 PM CST
Onsite Registration Available
CANCELLATION POLICY
No refunds after May 15
Substitutions permitted
SPEAKER BIO
Mr. Adler is an attorney and consultant for the biopharma industry, and specializes in IP strategies and strategic planning. He has 30 years of experience in the life sciences sector, and has worked as in-house general counsel in small enterprises – both nonprofit and private – and has been outside counsel and IP strategist for large pharma and large bio. He served as the founding director of the technology transfer office at the National Institutes of Health, and was the life sciences patent practice leader in a major international law firm. Reid is also the president of the Alliance for Translational Research, a new nonprofit organization focused on improving collaborations and technology translation between Federal agencies and industry. Reid also recently taught a graduate course for Johns Hopkins on “Strategic Planning for the Biotech Enterprise.” Oxford University Press will publish his book on this topic, co-authored with Dan Passeri of Curis, Inc., in 2013.
_____________________________
7 New Educational Startups Founded By Minorities in Tech

7 New Educational Startups Founded By Minorities in Tech
ronaldmay@aol.com
x

Bruce Montgomery tatvshow@yahoo.com
May 6 (3 days ago)
to RONALDMAY, Kevin
Images are not displayed. Display images below – Always display images from tatvshow@yahoo.com
7 New Educational Startups Founded By Minorities in Tech
WAYNE SUTTON
posted 5 hours ago11 Comments
Editor’s note: Wayne Sutton is an Entrepreneur, Advisor and Partner of NewMe Accelerator, a residential technology start-up accelerator/incubator for businesses that are led by under-represented minorities in the technology industry.
One of today’s most challenging yet promising markets is the educational system. If you want to see startups hungry to disrupt an industry, look no further. Founders are trying to solve the problems plaguing our education system: including reconciling student debt, providing students with the skills required to land a job both before and after graduation, and offering the best course material online regardless of age, location and educational level.
Millions of people are headed to the Internet to learn. And now everyone, from professors to entrepreneurs, are looking to launch a platform to solve the problem of a broken traditional educational system – And many believe that Silicon Valley will have the answers.
If you look at the demographics (high school dropout rates, high unemployment and the number of people taking online courses) you’ll find a common denominator; minorities are leading in three categories. In 2011, only 57 percent of blacks and Latinos graduated from high school, compared to 80 percent of Asians and 78 percent of whites. While data reports that only 1% of tech startups are founded by African Americans, you’ll find a significant number of educational startups founded by minorities (women, Hispanics and African Americans) in the now-increasing 1% of minority tech startups.
So where are all these startups hiding you ask? Well here are seven up-and-coming educational startups founded by minorities that I believe will have an significant impact in the educational space – not just for minorities but for anyone looking to learn online, current students and teachers alike.
1. UniversityNow
The mission of UniversityNow is to help ensure that affordable, high quality post-secondary education is available to people everywhere. To accomplish this, UniversityNow is building a network of the most affordable and accessible accredited universities in the world, starting with the launch of New Charter University.
Gene Wade, Co-Founder
2. Houlton Institute
Houlton packages courses into credentialed and non-credentialed programs targeting adult learners. By revenue sharing with partnering institutions, partners are able to monetize their expertise. Houlton creates one-of-a-kind online programs from its unique and exclusive partner network, which are disseminated via Houlton’s scalable, personalized, web-based learning platform.
Dennis Robinson and Dan Merritts, Co-Founders
3. Demo Lesson
Demo Lesson is a revolutionary online hiring platform that gives teachers the power to market themselves.
Mandela Schumacher Hodge and Brian Martinez, Co-Founders
4. Qeyno Labs
Qeyno Labs works with local partners and schools to bring technology-enabled career discovery into under-served classrooms using game-like rewards and mentorship from successful professionals.
Kalimah Priforce, Co-Founder
5. StockOfU
StockOfU allows individuals and businesses to buy “shares” of college students in order to help subsidize a student’s education costs.
Ty McDuffie, Founder
6. Pathbrite
Pathbrite delivers next-generation solutions that help students and learners of all ages collect, track and showcase a lifetime of achievement, and recommend pathways for continuous success.
Heather Hiles, Founder and CEO
7. Code Academy
Code Academy is an 11-week program that teaches people how to build web applications.
Neal Sales-Griffin and Mike McGee, Co-Founders
With these seven startups, and many, many more launching shortly, the educational system is ready for disruption. And after that, the real question is “What impact will these educational startups will have on our economy?” And “Will they prepare students to land qualified jobs after graduation? Or provide them the skills to launch their own businesses?”
Do you see the educational system being changed by these new startups?
Tags: Education, minorities

Bruce Eric Montgomery
Founder, Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.TechAccessTV.com
www.twitter.com/TechAccessTV
www.facebook.com/TechAccessTV
www.YouTube.com/TechAccessTV
____________________________
Darn, I wish I had remembered to go to this: ACG: Early $ Ends Today for the HC Conference: 100′s of Peers, Dozens of Speakers, Deal Flow & Networking

Early $ Ends Today for the HC Conference: 100′s of Peers, Dozens of Speakers, Deal Flow & Networking
Inbox
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ACG Chicago Networking@acgchicago.com
May 1 (9 days ago)
to me
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Early Pricing Ends Today (5/1) at 5 pm – Register Now

Healthcare M&A Conference 2012
May 9, 2012
The Standard Club, Chicago, IL

The 3rd Annual ACG Chicago Healthcare M&A Conference
Key insights from 24 leaders
Private DealSource Meetings
The New Corporate Innovation Track
A great evening reception.
Register Now
Early Pricing
Ends Today (5/1)
Opening Keynote:
Supreme Court and the Affordable Care Act: Legal Issues and Policy Implications
John Kelliher, Senior Managing Director, The Marwood Group
Industry Update Panels (Concurrent)
First Sessions:
Providers
Lonnie Busby, CEO, Medsurant Holdings
Kent Capps, Directory of Strategy, Surgical Care Affiliates
Jeffery Huffman, Vice President of Development, Ide Management Group
Moderator: Eric Hargan, Shareholder, Greenberg Traurig
Information Technology
Thomas Law, President and CEO, Zotec Partners
Frank Naeymi-Rad, CEO, Intelligent Medical Objects
NEW – Drew Turitz, Managing Director, M&A, Emerging Business, Aetna, Inc.
Moderator: Raymond Falci, Managing Director, Cain Brothers & Company
Second Sessions:
Payer/Payer Services
Craig Ikens, Senior Director – Corporate Transactions & Business Analysis,
Health Care Service Corp. (BCBS)
Gary Velasquez, Managing Director, Tricium Health Partners
Thomas Wiffler, President and CEO, UnitedHealthcare of Illinois
Moderator: Deborah Gordon, Partner and Co-Chair, Healthcare Practice Group,
Seyfarth Shaw
Medical Products & Devices
Jane Kiernan, CEO, Salter Labs
Grant Riedinger, Vice President – Solutions, Baxter Healthcare Corporation
Julie Sawyer Montgomery, Vice President – Global Infusion Systems and Global
Business Insights, Hospira, Inc.
Moderator: Anthony Davis, Managing Partner, Linden Capital Partners
Luncheon Keynote:
Reality Check-Up
Edward Hughes, Professor of Health Enterprise Management and Management & Strategy, Kellogg School of Management
Afternoon Sessions (Concurrent)
DealSource*
Targeted Deal Making at its Best
Corporate Innovation Track
From Gazelles to Giants Panel
A corporate development panel discussion on the decision to develop, outsource,
merge or acquire to grow business
John Kennedy, Co-Founder & President, Vasc-Alert
Al B. Reid, Vice President of Corporate Development, Abbott Laboratories
John Smolen, Project Director, Northwestern Memorial HealthCare,
Geeta Vemuri, Senior Managing Director, Baxter Ventures, Baxter Healthcare Corporation
Moderator: Michael Rosenthal, Partner, SNR Denton
Building the Healthcare Innovation Ecosystem
Interactive roundtable discussions on the critical factors to support and expand our
healthcare center of excellence, investment and other key issues.
*One on one private meetings between deal makers and capital providers to drive investment in middle market healthcare. DealSource is Limited to Private Equity Firms and Investment Bankers. Please notify ACG Chicago of your interest in participating. These private meetings are scheduled in advance and only those pre-scheduled participate.
Evening Networking Reception
for all Presenters, Attendees and Deal Makers.
A Premier Conference for:
Corporate Executives
Private Equity
Venture Capital
Lenders
Investment Banking
Healthcare Experts
Register Now
ACG Member Registration
Early Pricing $195.00
Non ACG Member Registration
Early Pricing $295.00
(pricing expires 5/1/12)
www.ACGChicago.com
(877) 224-6389
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181 W. Madison Street, Suite 3350, Chicago, IL 60602
____________________________
Sent by Bill Anthony: A Pitch for a Micro-Donation Site That Uses Social Media

boss.blogs.nytimes.com/2012/05/03/a-pitch-for-a-micro-donation-site-that-uses-social-media/?emc=eta1
May 3, 2012, 7:00 AM
A Pitch for a Micro-Donation Site That Uses Social Media
By CAROL ROTH
MAKE YOUR PITCH
Film your business plan and send it to us.
Last week, I told you about a business that wants to collect charity from casino gamblers. This week the social entrepreneurship theme continues, as pledge4good focuses on a micro-donation platform enabled by social sharing.
You can view the video pitch and my review of the pitch below. I have also highlighted some takeaways in this post.
Here’s the pitch:
Here’s my review:

What worked in this pitch is that Lenny Fishman, a co-founder, explains right away what the business is: a micro-donation social-giving platform (although he said it so fast that I almost missed it!). Mr. Fishman was fairly clear on the business model (pledge4good takes a processing fee from each donation), and he tried to make a case for “proof of concept” by estimating the number of visitors and by addressing user-acquisition costs.
That said, the secret sauce was missing. How is this business different from all other micro-donation and regular donation sites? Why does anyone need this platform?
The only point of differentiation given was the worst one possible for me — cost. Mr. Fishman said that pledge4good was able to compete because of a lower processing fee. When I invest in a business — and, frankly, most investors agree — I want to see a business that competes on value, not price. If price is all that differentiates you, the next competitor can always come and undercut you. Unless you’re Wal-Mart, being the low-cost provider usually does not work.
Also, the pitch itself gave me some pause. The pace of the pitch is very fast (which suggests to me that the co-founder isn’t particularly confident) and there is mixed phrasing around a key element, the financials.
Mr. Fishman talked about having “cash-flow positive revenue.” But all revenue, by definition, is positive. Revenue is an income statement metric. Cash flow is a cash flow statement metric. Ebitda (earnings before interest, taxes, depreciation and amortization) is sometimes used as a proxy for cash flow, but having a positive operating profit or cash flow is very different from having revenue. Using these financial terms in a confusing manner is likely to raise red flags for anyone who is considering investing money. So, if you are going to use financial metrics (which you should – in fact, I would have liked to hear more in this area), use them precisely.
Finally, at the end, Mr. Fishman mentions that the team had nonprofit and other expertise. What is that? Being specific here would lend more credibility.
This pitch didn’t stand out to me as anything new, different or innovative, so I wouldn’t take the next meeting. If you are zigging when everyone else is zagging, be sure to make this clear to viewers early in your pitch — or you may lose their interest.
Please feel free to offer your suggestions in the comments section below. If you are interested in making your own pitch, you can find more information here.
Carol Roth is a business strategist who has helped clients raise more than $1 billion in capital. You can follow her on Twitter.
____________________________
Doejo clients in the news: Mouthee, Snackpot & AGC

Doejo clients in the news: Mouthee, Snackpot & AGC
Inbox
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Philip Tadros phil@doejo.com
May 7 (3 days ago)
to me
Mouthee, The Future of Web Recommendations: Friends or Robots?
TechCocktail last week profiled social recommendation app, Mouthee in a feature pitting recommendation apps that utilize social media verses a robot-like algorithm. So, would you rather get book, movie, restaurant, etc. recommendations from your friends or a program that predicts your tastes based on previous choices.
From TechCocktail:
[Mouthee’s] pretty useful – for example, movie recs include movie previews, duration, release data, and a link to buy on iTunes, while restaurants link to OpenTable for making reservations. Unlike some other apps, you can also write negative recommendations.
So Mouthee is taking the “friends” approach to recommendations. It’s based on the belief that our friends know us best, and it mimics word-of-mouth – “Hey, what movie should I see on Friday?”Unsurprisingly, this is also Facebook’s approach with its recommendations box; if you visit external sites like WSJ.com, you can see which content your friends “like” the most. Or, you could just post a status update asking for advice.
The Snackpot gets shout-out from The Onion’s A.V. Club
The Snackpot, a snack-centric review site we’re launching next month, was profiled for its upcoming launch party May 10. The A.V. Club said they were looking forward to the night’s DJ sets, the readings, and of course, the scores of top-notch nosh.
From the A.V. Club:
A new website plans to explore the uncharted terrains of snack criticism, gratifying pretentious snackers and hopefully putting a fork in the whole Doritos Locos taco debate. The site is called The Snackpot, and it will launch this month with reviews, commentary, and testimonials about the most important meal of the day.
The Academy of Global Citizenship wins “Green Ribbon School” award
The Academy of Global Citizenship was declared a “Green Ribbon School” last month by the U.S. Department of Education along with 78 other schools across the country. In the first year of this nationally recognized distinction, AGC was lauded for its efforts in environmental, energy conservation and wellness education.
From the Sun-Times:
At the Academy for Global Citizenship, students start the day with up to 15 minutes of yoga and a scratch, organic breakfast.
“Health and nutrition are incorporated into our core philosophy,’’ said Academy executive director Sarah Elizabeth Ippel.
Some 13,000 square feet of asphalt that surrounds the school has been converted into an “urban center for sustainability’’ featuring a green house, an organic raised-bed garden, a composting bin, a wind turbine and a chicken coop that produces eggs, Ippel said.
___________________________
Tadros: Jobs@Arabia.com – NYTimes.com

Jobs@Arabia.com – NYTimes.com
ronaldmay@aol.com
x

Philip Tadros phil@doejo.com
4:18 AM (11 hours ago)
to RONALDMAY
www.nytimes.com/2012/05/09/opinion/friedman-jobsatarabiadotcom.html?_r=1

www.nytimes.com/2012/05/09/opinion/friedman-jobsatarabiadotcom.html?_r=2

OP-ED COLUMNIST
Jobs@Arabia.com
By THOMAS L. FRIEDMAN
Published: May 8, 2012
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Amman, Jordan

Josh Haner/The New York Times
Thomas L. Friedman
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Fortunately, there is another Arab Spring going on alongside the drama in the streets of Cairo and Damascus. It is an explosion of start-ups by young Arab techies. Ground zero is a complex of buildings here in the heart of Amman. The site was built to be the headquarters of the Jordanian Army, but, at the last minute, King Abdullah ordered the army elsewhere, renamed the complex “The Business Park,” and declared it a special economic zone. The multistory army buildings now carry big signs that say “Microsoft,” “H.P.,” “Samsung” and “Cisco.” But it’s the building labeled “Oasis500” that really got my attention.
It’s where Lawrence of Arabia meets Mark Zuckerberg.
Oasis500 is an Arab-owned high-tech accelerator, looking to nurture 500 new start-ups in Jordan. It has dangled seed money for any Jordanian or Arab who wants to create a new company here, and, like a flash rainstorm in the desert, Oasis500 has already helped dozens of Arabic-content Internet start-ups to blossom practically overnight. Only 1 percent of global Web content is in Arabic today, but 75 percent of it is produced in Jordan. The Arab world needs to create millions of nongovernment jobs to satisfy its youth bulge. Alas, though, there are no employees without employers — high-I.Q. risk-takers ready to start companies — and that is what Oasis500 is trying to multiply, fast. Without this Arab Spring, the other Arab Spring will never last. There will be no middle class to sustain it.
“We are big believers in creating companies rather than jobs,” says Usama Fayyad, the former chief data officer at Yahoo, who came home convinced that the raw material was here to create an Arab “Silicon Wadi.”
“A job is a job, but a company is a growth story,” adds Fayyad. It not only spawns jobs, but also ex-employees, who get trained and go off and start more companies and new industries. The average tech-sector job in Jordan pays about six times an average government job. Jordan has no oil, so “its people are the oil,” says Fayyad, and he is tapping them.
There is no tradition of venture capital in the Arab world, so Oasis500 is a pioneer. It invites any Jordanian or Arab to come with a start-up plan. Any plan that is accepted receives $15,000 in seed capital. Then the starter-uppers have to go through Oasis500 boot camp, an intense five-week course in how to build a company. The survivors are given office space at The Business Park for three to six months. For those who manage to grow after their first stage of incubation, there is more angel funding, legal advice, mentoring and networking opportunities with local business leaders. Oasis500 invests in each company that makes it that far. Fayyad said that since Oasis500 started in 2010, it has received 2,000 applications and has invested in 49 companies. Of those, they have harvested one profitable exit, 45 are still active and only three have failed. They are now getting hundreds of applicants a month for boot camp.
During my visit, Fayyad introduced me to 30 of his latest start-ups, including: Doseyeh.com, an Arabic portal that provides course packets for undergraduate college classes; Firstbazaar.com, an online market for local artisans; Littlethinkingminds.com, which makes Arabic Internet content for kids; Ekeif.com, which makes Arabic how-to videos on parenting, beauty and health; Gateexpress.com, a money-transfer platform; Tawajod.com, an Arabic Motley Fool; Fakker, which enables young Arabs — who constitute some 40 percent of worldwide gamers — to develop work skills while gaming online; Gweet.com, an Arabic couch-surfing site; and I3zif.com, an online Arabic music school.
In addition to Oasis500, I also visited Kharabeesh.com, a popular new site that is helping young Arabs produce their own cartoons and content for YouTube and for its own platform — some of it highly politically incorrect. “We consider ourselves not only entrepreneurs but also change makers,” said Wael Attili, a co-founder. “Education is the long-term way to change the mind-set of the people, but media for us is the short-term way.”
With all the young people looking for work, “the only way to handle unemployment is to invent your own job,” said Majed Jarrar, founder of VitalTronix, which is developing heart-monitoring technology. That attitude is Jordan’s oil.
The government here has real problems with corruption and political reform, but it has also created the best Arab platform combining education, high-speed bandwidth, uncensored Internet and laws that protect intellectual property and incentivize investment.
This is a new Arab growth model — based on entrepreneurship, not government contracts. “Entrepreneurship is about empowerment,” said Fadi Ghandour, an investor in Oasis500 and a founder of the first Arab-based company listed on the Nasdaq: Aramex. “Taking ownership of your future, and giving the skills and tools to these young aspiring entrepreneurs, means they are less dependent on the state and become job creators rather than only job seekers, creating value for themselves, their employees and the community at large.”
That is why I am rooting for this Arab Spring as much as the other one.
____________________________
END OF REPORT

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
______________________________
TABLE OF CONTENTS

The Scoop section:

– Three key speakers scheduled for Techweek 2012; Wait, did I read that in Crain’s, the Trib, the Sun-Times, Technori, Tech Cocktail, TINC Mag, Tech.li?
– JJL Technologies leaving Illinois
– Infographic: Groupon’s SEC Troubles
– Just 12 cards Ron collected out of about 200 at the 1871 Grand opening festivities on May 2, 2012
– Dan Lyne, World Business Chicago, Winner of the 13th Annual ITA CityLIGHTS Award — I didn’t even know who the nominees for this award were, and neither did Phil Tadros!, one of the nominees; my info. is that a number of nominees did not know they were nominated, regardless of the category, one of them being Dee Daniels of Digital Diva 2.0; we all know the marketing and educating done by the ITA has been horrid, but they do try to sell tickets as always, which is the raison d’etre en.wikipedia.org/wiki/Raison_d’%C3%AAtre for the awards anyway as we all know; Dorothy Radke and Sarah Habansky, what is it that you do again?
– Phil Tadros: Had no clue that he was nominated, so Freddie, who gets the axe for that?
– A disgruntled Yahoo shareholder questioned the qualifications and integrity of recently hired CEO Scott Thompson after exposing a misrepresentation about the executive’s education
– Third Point squeezes Yahoo again to oust CEO Scott Thompson
– Penn State Will Pay Two PR Firms $2.5 Million To Help School “Rebuild Trust”
– Cutting Edge Technologies Lead Nominations for American Technology Awards
– Forbes: The 2012 list of the top 100 investors
– Forbes: Top Gripes Of The Midas List, 2012 Edition
– Forbes: 2011′s Top Tech Investors
– Forbes: Eric Jackson: Here’s Why Google and Facebook Might Completely Disappear in the Next 5 Years
– Forecast Losses at Oprah’s OWN approach a staggering $330m as industry insiders predict it will be axed within the year

[Editor's note: May here. A source close to the dean of the business school at Loyola seems to think they may be interested in space at 1871, so it can be catching.

My 85 year old mom, now a subscriber to TMR, who plays Scrabble on her iPad, knows more than she realizes. She told me that she knew Maurice Sendak's cousin when we lived in Columbia, MO in the early 1960s and that Sendak was gay, a hot topic on this day of all days.

I looked it up in Wikipedia and it was revealed about 8 years ago, but my mom knew it circa 1963, 40 years earlier! In those days, such things were not generally discussed, especially in places like Columbia, MO.

en.wikipedia.org/wiki/Maurice_Sendak
"Sendak mentioned in a September 2008 article in The New York Times that he was gay and had lived with his partner, psychoanalyst Dr. Eugene Glynn, for 50 years before Glynn’s death in May 2007. Revealing that he never told his parents, he said, "All I wanted was to be straight so my parents could be happy. They never, never, never knew."[13] Sendak’s relationship with Glynn had been mentioned by other writers before (e.g., Tony Kushner in 2003).[14] In Glynn’s 2007 New York Times obituary, Sendak was listed as Glynn’s ‘partner of fifty years’.”]
__________________________
The Scoop section:
________________________
Three key speakers scheduled for Techweek 2012; Wait, did I read that in Crain’s, the Trib, the Sun-Times, Technori, Tech Cocktail, TINC Mag, Tech.li?

Subject: Re: Arabella, I’m trying to get 3 reports out today. Can you send the speaker list?
Date: 5/9/2012 4:13:56 P.M. Central Daylight Time
From: arabella@techweek.com
To: RONALDMAY@aol.com

–Howard Tullman, President & CEO, Tribeca Flashpoint Academy
–Casey Neistat, HBO & YouTube Filmmaker
–Michael Small, CEO, GoGo, Inc.
On Wed, May 9, 2012 at 1:38 PM, <RONALDMAY@aol.com> wrote:
–
Arabella Santiago | Executive Director
Techweek | 222 W Hubbard St., Suite 200 | Chicago, IL 60654 | o 312.624.9214 | m 415.378.2344

www.techweek.com/conference | @thetechweek | www.facebook.com/techweek
___________________________
JJL Technologies leaving Illinois

JJL Technologies leaving Illinois
Inbox
x

Walter W. Sloan wwsloan@jjltech.com
2:42 PM (47 minutes ago)
to me
from: Walter W. Sloan wwsloan@jjltech.com
to: Ron May <ron@themayreport.com>
date: Wed, May 9, 2012 at 2:42 PM
subject: JJL Technologies leaving Illinois
: Important mainly because of the words in the message.
Ron,

After fifteen years in Illinois, JJL Technologies LLC (www.jjltech.com/) is moving out of its facility in Morton Grove. As a result, the company has office, electronic, and manufacturing equipment for sale, all in very good condition. If any of your readers may be interested in seeing a list of what is available, please have them contact me. Thanks, Ron.

Best regards,

Walt Sloan
_______________________
Walter W. Sloan
Vice President of Operations
JJL Technologies LLC
8121 Austin Avenue
Morton Grove, IL 60053
USA
1-847-470-8915 x109
1-847-470-8936 Fax
wwsloan@jjltech.com
www.jjltech.com
_________________________________
Infographic: Groupon’s SEC Troubles

Infographic: Groupon’s SEC Troubles
Inbox
x

Muhammad Saleem msaleem@gmail.com via dme3ds1.com
May 7 (2 days ago)
to me
Images are not displayed. Display images below – Always display images from msaleem@gmail.com
Hi Ron,
With the SEC’s recent probe into Groupon, we decided to take a closer look at Groupon’s troubled history. We also decided to illustrate more simply the SEC’s problem with Groupon so it’s easy for everyone to understand. Please take a look at the resulting infographic and please feel free to share with your readers on The May Report.
Sincerely,
Mu.
P.S. If you have any questions at all, please feel free to email me!
–
Muhammad Saleem
muhammadsaleem.com
(312) – 576 – 1575
msaleem@gmail.com
_________________________________
Just 12 cards Ron collected out of about 200 at the 1871 Grand opening festivities on May 2, 2012

1. Sharon Schneider
Founder and CEO
Good Karma Clothing for Kids
www.goodkarma.co
sharon@goodkarma.co
office: 224-735-3387
cell: 224-422-8799
2. Ella Life
ella@venuecricket.com
www.venuecricket.com
312-772-2522
They have 4 people and match organizers with event space
3. Joe Flesh came here from Boston.
It’s a social services location site for Chicago.
We talked at 1871.
www.purplebinder.com/
joe@purplebinder.com
617-910-7317
4. These guys appear to be at Tech Nexus.
Pere Marc Rigo
CEO and Founder
www.provenhires.com
w. 312-650-9655
m. 215-316-6955
rigo@provenhires.com
5. Simcha Kanter
www.topcollrague.com
w. 312-239-3637
m. 312-394-0588
simcha@topcolleague.com
They’re in beta.
WHERE TOP TALENT AND INNOVATIVE COMPANIES MEET
UNPARALLELED TALENT
Our invite-only network of top talent from the world’s leading companies is looking for their next opportunity at a more innovative, more agile company. That’s you.

FIND TOP TALENT. FAST.
You don’t have time to waste contacting talent that isn’t interested. On Top Colleague, every candidate you receive has already expressed interest in your company.
PAY WHEN YOU HIRE
Why spend your budget on expensive database subscriptions or job posting fees? With Top Colleague, you only pay when you hire.
6. Well, whaduya know, a company from the Evanston incubator!
I don’t know if they’re moving to 1871.
Phil Dziedzic, Cop-founder, marketing and design
phil@sweetperk.com
847-345-8686
Our mission is to build an effective digital marketing platform for small businesses

The team met in January of 2011 as part of the NUvention: Web entrepreneurial course at Northwestern University. We launched our first LiveLocal™ app, Passport to Downtown Evanston, in June of that year, and incorporated shortly thereafter.

Working out of the Northwestern Incubator in Evanston, we built and launched six additional mobile apps on the LiveLocal™ platform, representing over 15,000 users and 1700 small businesses.

In April 2012, we joined the 1871 community and moved our offices to the Merchandise Mart Plaza downtown Chicago!

While building a strong customer base with LiveLocal™, we identified the need for a simple, private feedback system for businesses and began working on the prototype for Salt™. We continue to learn about the ideal customer for Salt™ and are adding to its functionality.
Send us feedback, we want to hear from you!

Use Salt™ by texting to: 520-366-8174 or email us at support [at] sweetperk.com

7. Eli Rosenberg

Business Development

eli@getfoodgenius.com
312-451-7366
www.getfoodgenius.com
8. Harlan Karp
Partner
www.parkonect.com
harlan@parkonect.com
1319 S. State St., Suite B
312-431-0777
c: 312-607-2222
Note that they’re South of Roosevelt Road and I believe that SpotHero uses them.
9. Dan Salcedo
Chief A-Z Officer
dan@mobcart.co
832-443-5038
mobcart.co
He’ll be at 1871.
10. Robert Brown
Founder
rbrown@bitbend.com
www.bitbend.com/
312-798-9794
M: 708-834-3178
They appear to be in private beta.
11. Timoty Dernick
Project Manager
tdernick@kboomgames.com
847-313-9204
5 people here
Founder is Dan Amdur
CEO, Steve Gradman
www.kboomgames.com
They also have Chinese developers in Quinxado
12. Daniel X. O’Neil
Executive Director
www.smartchicagocollaborative.org
doneil@cct.org
M: 773-960-6045
O: 312-565-2867
Founders
John D. and Catherine T. MacArthur Foundation
City of Chicago
The Chicago Community Trust

Daniel X. O’Neil

Daniel X. O’Neil is the Executive Director of the Smart Chicago Collaborative. Complete bio here.

Concepción Prado

Concepción Prado has served as a consultant to Smart Chicago in 2011.
.
Christian Greer
Christian Greer is Program Director for Learning Networks. He works closely with the Hive Network and other education programs.
.
Advisory Committee
The Smart Chicago Collaborative is guided by its Advisory Committee, made up of leaders from its founding partners.
Terry Mazany
Terry Mazany is president and chief executive officer for The Chicago Community Trust. Complete bio.
Julia Stasch

Julia Stasch is Vice President of U.S. Programs of the John D. and Catherine T. MacArthur Foundation. Complete bio here.
John Tolva

John Tolva is the Chief Technology Officer of the City of Chicago. Read complete bio here.
________________________________
Dan Lyne, World Business Chicago, Winner of the 13th Annual ITA CityLIGHTS Award — I didn’t even know who the nominees for this award were, and neither did Phil Tadros!, one of the nominees; my info. is that a number of nominees did not know they were nominated, regardless of the category, one of them being Dee Daniels of Digital Diva 2.0; we all know the marketing and educating done by the ITA has been horrid, but they do try to sell tickets as always, which is the raison d’etre en.wikipedia.org/wiki/Raison_d’%C3%AAtre for the awards anyway as we all know; Dorothy Radke and Sarah Habansky, what is it that you do again?

Dan Lyne, World Business Chicago, Winner of the 13th Annual ITA CityLIGHTS Award
Inbox
x

Bruce Montgomery tatvshow@yahoo.com
May 6 (3 days ago)
to me, Ron
Dan Lyne, World Business Chicago, Winner of the 13th Annual ITA CityLIGHTS Award
Technology Thought Leader Recognized as Illinois Technology Association (ITA) CityLIGHTS Award Winner
CHICAGO, IL, May 04, 2012 (www.twitter.com/techaccesstv) — The Illinois Technology Association (ITA) is honored to announce the winner of the 2012 ITA CityLIGHTS Award.
The 2012 CityLIGHTS Award winner is: Dan Lyne, Director, Technology Development, World Business Chicago.
Dan leads technology initiatives for World Business Chicago. For more than a decade, Dan has been a devoted champion of the Chicago tech scene both home and abroad, as the principal public/private liaison for corporate technology and entrepreneurial leadership. His impact has been felt by all members of the technology community whether they realized it or not.
The CityLIGHTS Award is presented to an individual or business that actively and consistently supports the growth of the Illinois technology industry through demonstrated collaborative involvement, bringing a spotlight on the community.
“On behalf of the Illinois Technology Association and the ITA board of directors, we extend our congratulations to Dan Lyne, the 2012 CityLIGHTS Award recipient,” said Fred Hoch, ITA president. “Dan’s personal initiative to push the growth of the local technology industry to the forefront of the national scene can be felt throughout our community. With Dan’s leadership and support, we look forward to the continued growth of the Illinois technology industry.”
The CityLIGHTS Award winner is determined by the Board of Directors of the ITA. Dan joins an illustrious group of leaders who continue to support the local community, including Howard Tullman, 2011; Jack Noonan, 2010; and Linda Darragh, 2009.
Finalists for the 13th Annual CityLIGHTS Award included winner Dan Lyne, World Business Chicago, Matt Moog, ViewPoints Network, The Mayor’s Office, Dennis Roberson, Illinois Institute of Technology, and Phil Tadros, Doejo.
The ITA CityLIGHTS Awards Gala will be held on May 10, 2012 in the Great Hall at Chicago’s Union Station. To sponsor, purchase a table or tickets to the event, visit www.illinoistech.org . The Gala is an opportunity for the industry to connect, socialize, and celebrate the continued success of the technology industry in Illinois and the growing importance of this economic sector. The winners of the remaining awards categories will be announced at the Gala on May 10.
About the ITA The Illinois Technology Association (ITA) is the driving force behind the growth of Illinois’ vibrant technology industry. Providing programs and services focused on development, visibility, and talent attraction, ITA accelerates the growth of member company’s businesses. ITA brings growth-stage industry companies together, leveraging the connections and experiences of the community to increase the overall success rate of the local industry. Championing the development and application of technologies and leveraging its transformative nature, ITA is an invaluable resource for growing companies.
Contact the ITA at headquarters@illinoistech.org, follow the discussion on Twitter at @itabuzz, and visit www.illinoistech.org to find out more about how ITA supports the growth of the local industry.

Bruce Eric Montgomery
Founder, Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.TechAccessTV.com
www.twitter.com/TechAccessTV
www.facebook.com/TechAccessTV
www.YouTube.com/TechAccessTV
__________________________
Phil Tadros: Had no clue that he was nominated, so Freddie, who gets the axe for that?

Phil Tadros: Had no clue that he was nominated, so Freddie, who gets the axe for that?
Subject: Re: Phil, you were a finalist, so congrats! But I never saw the list of nominees.
Date: 5/6/2012 6:05:14 P.M. Central Daylight Time
From: phil@doejo.com
To: RONALDMAY@aol.com
Yea I have no clue, was shocked and excited to see me and my team on the list.

Wild.
Philip Tadros
708.655.6753
doejo.com
On May 6, 2012, at 6:03 PM, “RONALDMAY@aol.com” <RONALDMAY@aol.com> wrote:

Finalists for the 13th Annual CityLIGHTS Award included winner Dan Lyne, World Business Chicago, Matt Moog, ViewPoints Network, The Mayor’s Office, Dennis Roberson, Illinois Institute of Technology, and Phil Tadros, Doejo.
_________________________________
A disgruntled Yahoo shareholder questioned the qualifications and integrity of recently hired CEO Scott Thompson after exposing a misrepresentation about the executive’s education

A disgruntled Yahoo shareholder questioned the qualifications and integrity of recently hired CEO Scott Thompson after exposing a misrepresentation about the executive’s education.
The fabrication confirmed Thursday by Yahoo Inc. gives New York hedge fund manager Daniel Loeb more artillery as he tries to topple a board of directors favored by Thompson, who became CEO of the troubled Internet company four months ago.
Loeb, whose fund Third Point owns a 5.8 percent stake in Yahoo, gained more leverage when he discovered Thompson doesn’t have a bachelor’s degree in computer science from a small college in Easton, Mass., as Yahoo stated in a regulatory filing last week.
Thompson only has an accounting degree from Stonehill College, an accomplishment that Yahoo also listed in the filing. The accounting degree was the only listed in Thompson’s resume last year by eBay Inc. when he was still running that company’s PayPal payment service.
Yahoo confirmed Thompson’s credentials had been exaggerated in the filing with the Securities and Exchange Commission, and brushed it off as an “inadvertent error.”
But Loeb pounced on the misinformation as a violation of Yahoo’s code of ethics and called for an independent investigation to determine whether Thompson had misled the company’s board about his technology credentials. He also cited the mix-up as an example of Yahoo’s poor corporate governance.
“If Mr. Thompson embellished his academic credentials we think that it 1) undermines his credibility as a technology expert and 2) reflects poorly on the character of the CEO who has been tasked with leading Yahoo at this critical juncture,” Loeb wrote in a letter to Yahoo’s board on Thursday. “Now more than ever Yahoo investors need a trustworthy CEO.”
In the past, other companies have suspended or fired executives who were caught lying on their resumes.
Yahoo hired Thompson to reverse years of financial lethargy at the company that set in even as more advertising has shifted to the Internet. The funk has weighed on Yahoo’s stock, which has been hovering between $10 and $20 for most of the last three years. Yahoo shares fell 27 cents to close at $15.40 on Thursday. That’s well below the $33 per share that stockholders could have gotten in May 2008 if the board had accepted a takeover offer from Microsoft Corp.
The company stood behind Thompson in its statement. “This in no way alters that fact that Mr. Thompson is a highly qualified executive with a successful track record leading large consumer technology companies,” Yahoo said. “Under Mr. Thompson’s leadership, Yahoo Is moving forward to grow the company and drive shareholder value.”
Tensions between Loeb and Thompson have been escalating since late March when Yahoo appointed three new directors to its board. In doing so, Yahoo snubbed Loeb, who had been lobbying for a board seat along with three allies who he believes have the skills necessary to help Yahoo rebound from its long-running struggles. At the time Thompson made it clear that he and the Yahoo committee overseeing the search for new directors had concluded Loeb wasn’t the best candidate.
Loeb is waging a campaign to persuade Yahoo’s shareholders to elect him and his allies to the board at the company’s annual meeting. The date of that meeting still hasn’t been scheduled.
Thompson so far has mostly cut costs to boost Yahoo’s profits. Last month, he laid off about 2,000 employees, or 14 percent of the workforce, in the biggest payroll purge in Yahoo’s 17-year history and disclosed plans to close about 50 Yahoo services that haven’t been attracting enough users or generating enough revenue. He also made modest progress on other financial fronts as Yahoo registered its first year-over-year increase in quarterly net revenue since 2008 during the three months ending in March.
Even though he doesn’t have a computer science degree, Thompson has a background in technology. He served as PayPal’s chief technology officer for three years before being promoted to the payment service’s president in 2008.
Read more: www.time.com/time/nation/article/0,8599,2113898,00.html#ixzz1tuDAcQsQ
_________________________________
Third Point squeezes Yahoo again to oust CEO Scott Thompson

marketday.msnbc.msn.com/_news/2012/05/09/11618079-third-point-squeezes-yahoo-again-to-oust-ceo-scott-thompson?lite
Third Point squeezes Yahoo again to oust CEO Scott Thompson
Phil Mccarten / Reuters

Daniel Loeb, CEO of Third Point LLC, has again called for Yahoo’s board to oust CEO Scott Thompson over what he says are ethical breaches.
By Patrick Rizzo
Saying that “we take no joy in witnessing this carnage,” activist investor Daniel Loeb repeated his demand Wednesday that Yahoo dump CEO Scott Thompson over discrepancies in his academic record and replace him with an interim CEO.
“It appears very clear to us – and to many corporate governance experts, Yahoo! employees, and fellow Yahoo! shareholders – that Mr. Thompson’s fantasy degree was in no way an ‘inadvertent error,’ ” Loeb said in a letter from his Third Point LLC hedge fund addressed to Yahoo’s board of directors.
“Third Point has over $1 billion invested in Yahoo! and we take no joy in witnessing this carnage,” the letter said.
Third Point, which owns 5.8 percent of Yahoo’s shares, set off a firestorm last week by revealing that Thompson, who is only a few months into his tenure, had fudged his academic credentials on securities filings, saying that he had a degree in computer science when he did not.
Since then, Thompson has apologized for the ruckus caused by what the company called an “inadvertent error,” and announced that director Patti S. Hart, who led the search committee that landed Thompson the job, will not stand for re-election.
The board also reportedly is conducting an internal review of the matter.
But Loeb was having none of that.
“It seems farcical to us that the Board will most likely spend more time deliberating over whether Mr. Thompson should be fired than it did properly vetting whether he should have been hired. The necessary investigation into whether certain senior executives and Board Members knew of Mr. Thompson’s deceptions before hiring him should not delay decisive action over his ethical breaches,” Loeb said in the letter.
____________________________
Penn State Will Pay Two PR Firms $2.5 Million To Help School “Rebuild Trust”

deadspin.com/5905132/penn-state-will-pay-two-pr-firms-25-million-to-help-school-rebuild-trust
Penn State Will Pay Two PR Firms $2.5 Million To Help School “Rebuild Trust”

Penn State had hired the PR firm Ketchum on Nov. 6, just one day after two of its administrators were charged with lying to a grand jury about Jerry Sandusky’s alleged child sex abuse. Here we are five months later, and the university is still working assiduously to repair its image, this time by replacing Ketchum with two firms, Edelman and La Torre Communications, at a cost of $2.5 million for the next 12 months. Here’s Penn State president Rodney Erickson, in a statement announcing the move:
“Earlier this year, I announced five promises to guide Penn State in recovery from our recent crisis and rebuild trust with the Penn State community. Retaining these communications firms puts us more firmly on the path toward accountability, openness and preserving our reputation as one of the world’s leading research universities.”

That announcement was made on Penn State’s website today—the same day a State College newspaper also reported that a group of Penn State students have begun a campaign to send letters of support to Sandusky’s alleged victims. I’m sure it’s just a coincidence.
____________________________
Cutting Edge Technologies Lead Nominations for American Technology Awards

Subject: Cutting Edge Technologies Lead Nominations for American Technology Awards
Date: 5/9/2012 10:28:30 A.M. Central Daylight Time
From: ed.longanecker@techamerica.org
To: Midwest@techamerica.org
Congrats to all the nominated companies, including Illinois based member company crowdSpring!
FOR IMMEDIATE RELEASE
May 9, 2012
Cutting Edge Technologies Lead Nominations for American Technology Awards
TechAmerica Foundation Announces Finalists For “Best Of” Awards Recognizing Technology Products and Services Across the Technology Industry

Washington, DC – The TechAmerica Foundation today announced the finalists for the 2012 American Technology Awards, the” awards recognize technology products and services across the technology industry.
“The caliber of this year’s nominees was incredible. Our judges had their work cut out for them in coming up with these outstanding finalists, who represent the best of technology in their categories,” said Jennifer Kerber, President of the TechAmerica Foundation. “What a great indicator of how the tech sector is growing and innovating.”
The awards, also known as the “Termans” in honor of the widely credited father of Silicon Valley, are awarded on the basis of a thorough evaluation by industry experts and technology leaders. The awards will be presented at the TechAmerica Foundation’s Technology and Government Dinner to be held on June 13, 2012 at the Ronald Reagan Building in Washington, D.C.
Kevin Johnson, CEO of Juniper Networks (NYSE: JNPR) will also be honored during the dinner with the American Technology Awards Corporate Leadership Award and Department of Homeland Security Chief Information Officer, Richard Spires will be recognized as the Government Technology Executive of the Year.
And the finalists are:
Aerospace & Defense
· Honeywell Aerospace — Low Emissions HTF7000
· Quantum3D – ExpeditionDI
· Universal Synaptics Corporation — Intermittent Fault Detection & Isolation System (IFDIS)

Clean Tech/Green Tech
· Silver Spring Networks — Gen4 Networking Technology
· Retroficiency — Virtual Energy Assessment
· Image Microsystems – MICROSTRATE
· SWITCH Lighting — SWITCH100
· Sempra U.S. Gas & Power — Copper Mountain Solar 1
Cloud Computing / Software as a Service
· Corent Technology — SaaS-Transfomer™ (a.k.a. Multi-tenant Server™)
· Global Computer Enterprises, Inc. (GCE) — GCE SMART Cloud for Big Data and Analytics
· ScaleXtreme — ScaleXtreme Xpress
· Virtela Technology Services Incorporated — Cloud-based Mobile Device Management Service

Consumer Electronics / Computers & Peripherals
· 3D Systems – Cube
· Brother International Corporation — Entrepreneur Pro PR1000e
· HP — The HP t410 Smart Zero Client All-in-One
· Lantronix — xPrintServer

Cyber Security & Authentication
· CSID — Global ID Protector
· KOBIL USA — mIDentity App Security Toolkit
· RSA — RSA NetWitness Live
Health & Medical Technologies
· Bluetooth SIG — Bluetooth v 4.0 with low energy technology
· Freedom Innovations — Plie 2.0 MPC Knee
· Masimo Corporation — 2012 Radical-7
· SynCardia Systems, Inc. — Freedom® portable driver

Internet Services & E-Commerce
· Clarabridge, Inc. – Clarabridge
· crowdSPRING, LLC — crowdSPRING.com
· Infor — Infor10 CRM Enterprise Email Advisor
· REI Systems — Data.gov

Semiconductors & Electronic Components
· NeuroSky — CardioChip 1
· Tilera Corporation — TILE-Gx Processor
· TriQuint Semiconductor, Inc. — TRITIUM Duo™ Family of Dual-Band Power Amplifier Duplexers

Server & Storage Technology
· SoftLayer Technologies — Flex Images and Object Storage
· Alacritech — ANX 1500 NFS Acceleration Appliance
· EMC Corporation — VNX Unified Storage
Smart Grid & Smart Instruments
· FreeWave Technologies — FGR2-PE Industrial Grade 900 MHz Long Range Ethernet Radio
· Opower – Opower
· Silver Spring Networks — Gen4 Networking Technology

Software
· IBM — Watson
· Raritan Inc. — dcTrack DCIM Software
· Cadence Design Systems, Inc. — Cadence Virtual System Platform

Technology Manufacturing
· 3D Systems – Cube
· IQMS – RTStation
· Zodiac Pool Systems, Inc. — Polaris 9300 Series

Telecommunications
· Actelis Networks, Inc. — Actelis BBA
· ADTRAN, Inc. — Optical Networking Edge (ONE)
· Radisys — MPX-12000
· Shared Spectrum Company — Spectrum Sensing Toolbox – SST
###
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 501(c)(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. Learn more about TechAmerica Foundation at www.techamericafoundation.org.
Ed Longanecker
Senior Vice President
TechAmerica
630-282-4332
________________________________
Forbes: The 2012 list of the top 100 investors

www.forbes.com/lists/midas/2012/midas-list-top-tech-investors_list.html
America’s Fastest Growing Tech Companies
30 Under 30
Forbes 400 Richest Americans
Most Powerful Women
The World’s Billionaires
The World’s Leading Public Companies
The World’s Most Powerful People

Rank

Name

Firm

The Big Deal
1
Jim Breyer
Accel Partners
Facebook
2

Marc Andreessen
Andreessen Horowitz
Skype
3

Reid Hoffman
Greylock Partners
LinkedIn
4

David Sze
Greylock Partners
Facebook
5

Peter Fenton
Benchmark Capital
Twitter
6

Josh Kopelman
First Round Capital
Linkedin
7

Paul Madera
Meritech Capital Partners
Facebook
8

Peter Thiel
Founders Fund
Facebook
9

Kevin Efrusy
Accel Partners
Facebook
10

Jeremy Levine
Bessemer Venture Partners
Yelp
11

Todd Chaffee
Institutional Venture Partners
Twitter
12

John Doerr
Kleiner Perkins Caufield & Byers
Twitter
13

Michael Moritz
Sequoia Capital
Green Dot
14

Scott Sandell
New Enterprise Associates
Fusion-io
15

Ron Conway
SV Angel
Facebook
16

Sandy Miller
Institutional Venture Partners
Zynga
17

Harry Weller
New Enterprise Associates
Groupon
18

Douglas Leone
Sequoia Capital
Rackspace
19

Jeff Brody
Redpoint Ventures
HomeAway
20

Fred Wilson
Union Square Ventures
Zynga
21

Ben Horowitz
Andreessen Horowitz
Skype
22

Jay Hoag
Technology Crossover Ventures
Facebook
23

Peter Barris
New Enterprise Associates
Groupon
24

Neil Shen
Sequoia Capital China
Qihoo 360 Technology
25

Aneel Bhusri
Greylock Partners
Workday
26

Bing Gordon
Kleiner Perkins Caufield & Byers
Zynga
27

Andrew Yan
SAIF Partners
Giant Interactive Group
28

Rob Chandra
Bessemer Venture Partners
Mellanox Technologies
29

Yuri Milner
Digital Sky Technologies
Facebook
30

Jim Goetz
Sequoia Capital
Jive Software
31

George Zachary
Charles River Ventures
Twitter
32

Mike Maples
FLOODGATE
Twitter
33

Sameer Gandhi
Accel Partners
Quidsi
34

Vinod Khosla
Khosla Ventures
SKS Microfinance
35

Suyang Zhang
IDG Accel
Tudou Holdings
36

Neeraj Agrawal
Battery Ventures
Bazaarvoice
37

Ben Nye
Bain Capital Ventures
LinkedIn
38

Bryan Roberts
Venrock
Athenahealth
39

Danny Rimer
Index Ventures
MySQL
40

Roger Lee
Battery Ventures
Groupon
41

Chase Coleman
Tiger Global
Facebook
42

Mary Meeker
Kleiner Perkins Caufield & Byers
Groupon
43

John Walecka
Redpoint Ventures
Fortinet
44

Bruce Dunlevie
Benchmark Capital
ServiceSource
45

Rob Ward
Meritech Capital Partners
Fortinet
46

Navin Chaddha
Mayfield Fund
MakeMyTrip
47

Bob Goodman
Bessemer Venture Partners
Millennial Media
48

Dongliang Lin
IDG Accel
Dangdang
49

Ray Rothrock
Venrock
Imperva
50

David Yuan
Technology Crossover Ventures
Renren
51

Steve Anderson
Baseline Ventures
Instagram
52

Ross Jaffe
Versant Ventures
Acclarent
53

Rich Levandov
Avalon Ventures
Zynga
54

Tim Chang
Mayfield Fund
Playdom
55

Chris Sacca
Lowercase Capital
Twitter
56

David Weiden
Khosla Ventures
Opsware
57

Bijan Sabet
Spark Capital
Twitter
58

Ping Li
Accel Partners
Cloudera
59

Kevin Harvey
Benchmark Capital
MySQL
60

David Chao
DCM
Renren
61

Roelof Botha
Sequoia Capital
Square
62

Greg Gretsch
Sigma Partners
EqualLogic
63

Antoine Papiernik
Sofinnova Partners
CoreValve
64

William Ford
General Atlantic
NYSE
65

Stephen Jurvetson
Draper Fisher Jurvetson
Tesla
66

Thomas Ng
GGV Capital
Alibaba
67

Brian Ascher
Venrock
Vocera
68

Matt Cohler
Benchmark Capital
Instagram
69

Glenn Solomon
GGV Capital
Pandora
70

Bruce Golden
Accel Partners
Qlik Technologies
71

Ted Schlein
Kleiner Perkins Caufield & Byers
Jive Software
72

Rory O’Driscoll
Scale Venture Partners
ExactTarget
73

James Slavet
Greylock Partners
Groupon
74

Tom Banahan
Tenaya Capital
MarkLogic
75

Izhar Armony
Charles River Ventures
RPX Corp.
76

Ruby Lu
DCM
Dangdang
77

Chris Schaepe
Lightspeed Venture Partners
Fusion-io
78

James Barrett
New Enterprise Associates
Pharmion
79

Steve Harrick
Institutional Venture Partners
MySQL
80

Jeffery Horing
Insight Venture Partners
SolarWinds
81

Byron Deeter
Bessemer Venture Partners
Cornerstone OnDemand
82

Tom Dyal
Redpoint Ventures
NextG Networks
83

Rich Wong
Accel Partners
Admob
84

Erhai Liu
Legend Capital
Renren
85

Michael Krupka
Bain Capital Ventures
Liberty Dialysis
86

Jonathan Silverstein
Orbimed
Enobia
87

Warren Weiss
Foundation Capital
Silver Spring Networks
88

David Cowan
Bessemer Venture Partners
LinkedIn
89

Jeremy Liew
Lightspeed Venture Partners
Playdom
90

Gordon Ritter
Emergence Capital
Veeva Systems
91

Sean Dalton
Highland Capital Partners
Starent Networks
92

Theresia Gouw Ranzetta
Accel Partners
Imperva
93

Fred Harman
Oak Investment Partners
Huffington Post
94

Jenny Lee
GGV Capital
21Vianet
95

Ajay Agarwal
Bain Capital Ventures
Kiva Systems
96

Asheem Chandna
Greylock Partners
Palo Alto Networks
97

Adele Oliva
Quaker Partners
Ascent Healthcare Solutions Inc.
98

David Hornik
August Capital
Splunk
99

Subrata Mitra
Accel India
Flipkart
100

Richard Liu
Morningside
Duowan/YY
______________________________________
Forbes: Top Gripes Of The Midas List, 2012 Edition

www.forbes.com/sites/tomiogeron/2012/05/09/top-gripes-of-the-midas-list-2012-edition/
Tomio Geron, Forbes Staff
Covering social, start-ups and venture capital.

Follow on Forbes(218)

Tech
05/09/2012 @ 12:43AM |230 views
Top Gripes Of The Midas List, 2012 Edition

The Midas List always has its critics. This year is no exception. When you have a list of the top 100 tech investors in a competitive industry, there’s bound to be disagreement about who made it and who didn’t. Here are the top gripes about FORBES’ 2102 Midas List.
1. Fred Wilson was ranked too low. (Griper: Om Malik, others) Fred Wilson has made great investments in companies such as Zynga, Twitter and Etsy. Our data-driven formula, which ranks him number 20 in the world, reflects how well he’s done. Many in the top 20 have multiple large exits to their credit and are, like Wilson, great investors. So the question is who Wilson should be ranked higher than? Malik, a venture partner at True Ventures, argues that Wilson should be ranked above others such as Kleiner Perkins’ John Doerr, because Doerr invested later in Twitter than Wilson. But the reason for Doerr’s ranking has to do not just with Twitter but also with other companies such as Groupon, Square, Tellme and Bloom Energy. In the past, Doerr invested in Amazon, Netscape, Sun and Google (though those don’t count in the current rankings). You’re free to argue that Wilson should be ranked higher than Doerr, or that #20 is not high enough to be considered a “top VC in the world.”
2. Late stage investors are getting too much credit. (Gripers: Malik, Dan Primack) This criticism has been made against the rankings of Marc Andreessen, Mary Meeker and others. The fact is, the Midas List rankings reflect the state of the venture industry today. Venture-backed startups are staying private much longer than in the past and late-stage investors are making more money as a result. For example, Andreessen Horowitz, a multi-stage firm, jumped on opportunities with companies such as Skype, Twitter, Zynga and Groupon. You could argue that the Skype deal, which returned 3 to 4x over 18 months, wasn’t a traditional “venture return,” but if you talk to any of their LPs, they’ll tell you they are quite happy with the deal. In other words, they’re making money, albeit in a different way. Another sign of LP satisfaction: the $2.7 billion they’ve raised from investors since 2009. Regarding Meeker, she’s been working closely with companies such as Square, Twitter, Groupon, Spotify and LegalZoom. These companies say she’s added real value in a relatively short period of time.
In addition, saying Andreessen’s return on Skype wasn’t a “venture return” belies the fact that for many top tier venture firms, late stage is now a big part of their strategy. Accel, Greylock, Kleiner Perkins, Union Square and other early stage firms have raised growth funds or allocated significant funds to growth investing. Other firms focus specifically on growth investing, such as Institutional Venture Partners and Meritech Capital Partners, and have done well. So yes, growth investors are not doing traditional venture investing. They’re not making, say, 1000x as they would from an early Facebook or Google investment. But they are sending real returns to their LPs–definitely more than mediocre early stage funds are.
3. You don’t take into account cost basis or ownership. Actually we do take into account cost basis and ownership. We take into account at which round the venture firm invested in the startup. However, we don’t always know exactly how much each firm owns in private companies or at what valuation they invested, because the firms don’t always provide that data. In certain cases we obtain data in other ways. When we do have it, we take it into account. In an ideal world, we would know exactly how much each firm made from each investment. But we have a proxy for that based on when venture firms invested in companies. And typically when the companies go public or as they get bigger, we get more and more information about the firms’ stakes in the companies.

Tech’s 100 Best InvestorsMeet the moneymen getting rich in Silicon Valley.
4. You don’t consider life science or healthcare investing. There are five life sciences investors on the list. One reason for the arguably low number is the recent challenges in realizing large exits for life science investors. The other main reason is that our methodology gives credit to VCs when there is an IPO or M&A. With some exceptions, we don’t give credit for a company that has already gone public and then is acquired by another company. We give credit to VCs for the original IPO, not the subsequent acquisition. (For example, Pharmasset was acquired in 2011 for $11 billion but had already gone public in 2007.) While holding the company’s stock for a significant period of time is a real strategy for some life sciences investors because of the specifics of the industry, we didn’t track whether and how much venture investors hold a stock for years after an IPO.
A last word: some have suggested we should devote more resources or spend more time working on this project. The formula for creating the Midas rankings is based on hard data of the value of IPOs and M&As of venture-backed companies since 2007, as well as the valuations of private companies, based on Dow Jone VentureSource data. We’ve then spent months evaluating the deals, investors and firms for the rankings. Our partners, TrueBridge Capital Partners, also vetted the data, as have our other LP sources. Despite its flaws, I believe the list is the best ranking out there of venture investors, except perhaps the actual spreadsheets that LPs have on their computers.
______________________________
Forbes: 2011′s Top Tech Investors

www.forbes.com/lists/midas/2011/midas-list-techs-top-investors.html
2011′s Top Tech Investors
View complete listMethodologyIn partnership with TrueBridge Capital Partners
The 10 Savviest Financiers Of Silicon Valley
Atop this year’s Midas List of technology’s best investors is once again Accel Partner’s Jim Breyer, with Greylock’s Reid Hoffman (left) holding steady at number three. They head our definitive roster of the best-performing moneymen fueling a bull market for hot young companies. Continue
Edited By Tomio Geron05.02.12
Andreessen Horowitz: Venture Capital’s New Bad Boys
Fast Tech 25: Ranking Today’s Best Growth Stocks
Reid Hoffman and Peter Thiel On The Secrets Of Great Social Networks
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Peter Thiel and Reid Hoffman Share Stanford Memories
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Steve Anderson: One Man, $100 Million
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Harry Weller’s Next Big Ideas After Groupon
Rank
Name
Firm
The Big Deal
1
Jim Breyer
Accel Partners Facebook
2
Marc Andreessen
Andreessen Horowitz Skype
3
Reid Hoffman
Greylock Partners LinkedIn
4
David Sze
Greylock Partners Facebook
5
Peter Fenton
Benchmark Capital Twitter
6
Josh Kopelman
First Round Capital Linkedin
7
Paul Madera
Meritech Capital Partners Facebook
8
Peter Thiel
Founders Fund Facebook
9
Kevin Efrusy
Accel Partners Facebook
10
Jeremy Levine
Bessemer Venture Partners Yelp

Rank
Name
Firm
The Big Deal
11
Todd Chaffee
Institutional Venture Partners Twitter
12
John Doerr
Kleiner Perkins Caufield & Byers Twitter
13
Michael Moritz
Sequoia Capital Green Dot
14
Scott Sandell
New Enterprise Associates Fusion-io
15
Ron Conway
SV Angel Facebook
16
Sandy Miller
Institutional Venture Partners Zynga
17
Harry Weller
New Enterprise Associates Groupon
18
Douglas Leone
Sequoia Capital Rackspace
19
Jeff Brody
Redpoint Ventures HomeAway
20
Fred Wilson
Union Square Ventures Zynga
The Big Deal
21
Ben Horowitz
Andreessen Horowitz Skype
22
Jay Hoag
Technology Crossover Ventures Facebook
23
Peter Barris
New Enterprise Associates Groupon
24
Neil Shen
Sequoia Capital China Qihoo 360 Technology
25
Aneel Bhusri
Greylock Partners Workday
26
Bing Gordon
Kleiner Perkins Caufield & Byers Zynga
27
Andrew Yan
SAIF Partners Giant Interactive Group
28
Rob Chandra
Bessemer Venture Partners Mellanox Technologies
29
Yuri Milner
Digital Sky Technologies Facebook
30
Jim Goetz
Sequoia Capital Jive Software
The Big Deal
31
George Zachary
Charles River Ventures Twitter
32
Mike Maples
FLOODGATE Twitter
33
Sameer Gandhi
Accel Partners Quidsi
34
Vinod Khosla
Khosla Ventures SKS Microfinance
35
Suyang Zhang
IDG Accel Tudou Holdings
36
Neeraj Agrawal
Battery Ventures Bazaarvoice
37
Ben Nye
Bain Capital Ventures LinkedIn
38
Bryan Roberts
Venrock Athenahealth
39
Danny Rimer
Index Ventures MySQL
40
Roger Lee
Battery Ventures Groupon
The Big Deal
41
Chase Coleman
Tiger Global Facebook
42
Mary Meeker
Kleiner Perkins Caufield & Byers Groupon
43
John Walecka
Redpoint Ventures Fortinet
44
Bruce Dunlevie
Benchmark Capital ServiceSource
45
Rob Ward
Meritech Capital Partners Fortinet
46
Navin Chaddha
Mayfield Fund MakeMyTrip
47
Bob Goodman
Bessemer Venture Partners Millennial Media
48
Dongliang Lin
IDG Accel Dangdang
49
Ray Rothrock
Venrock Imperva
50
David Yuan
Technology Crossover Ventures Renren
The Big Deal
51
Steve Anderson
Baseline Ventures Instagram
52
Ross Jaffe
Versant Ventures Acclarent
53
Rich Levandov
Avalon Ventures Zynga
54
Tim Chang
Mayfield Fund Playdom
55
Chris Sacca
Lowercase Capital Twitter
56
David Weiden
Khosla Ventures Opsware
57
Bijan Sabet
Spark Capital Twitter
58
Ping Li
Accel Partners Cloudera
59
Kevin Harvey
Benchmark Capital MySQL
60
David Chao
DCM Renren
Peter Thiel and Reid Hoffman Share Stanford Memories
Marc Andreessen: On Building His VC Dream Team
David Sze On Choosing The Next Facebook
Steve Anderson: One Man, $100 Million
Peter Fenton On Disrupting The Enterprise
Harry Weller’s Next Big Ideas After Groupon

The Big Deal
61
Roelof Botha
Sequoia Capital Square
62
Greg Gretsch
Sigma Partners EqualLogic
63
Antoine Papiernik
Sofinnova Partners CoreValve
64
William Ford
General Atlantic NYSE
65
Stephen Jurvetson
Draper Fisher Jurvetson Tesla
66
Thomas Ng
GGV Capital Alibaba
67
Brian Ascher
Venrock Vocera
68
Matt Cohler
Benchmark Capital Instagram
69
Glenn Solomon
GGV Capital Pandora
70
Bruce Golden
Accel Partners Qlik Technologies
71
Ted Schlein
Kleiner Perkins Caufield & Byers Jive Software
72
Rory O’Driscoll
Scale Venture Partners ExactTarget
73
James Slavet
Greylock Partners Groupon
74
Tom Banahan
Tenaya Capital MarkLogic
75
Izhar Armony
Charles River Ventures RPX Corp.
76
Ruby Lu
DCM Dangdang
77
Chris Schaepe
Lightspeed Venture Partners Fusion-io
78
James Barrett
New Enterprise Associates Pharmion
79
Steve Harrick
Institutional Venture Partners MySQL
80
Jeffery Horing
Insight Venture Partners SolarWinds
The Big Deal
81
Byron Deeter
Bessemer Venture Partners Cornerstone OnDemand
82
Tom Dyal
Redpoint Ventures NextG Networks
83
Rich Wong
Accel Partners Admob
84
Erhai Liu
Legend Capital Renren
85
Michael Krupka
Bain Capital Ventures Liberty Dialysis
86
Jonathan Silverstein
Orbimed Enobia
87
Warren Weiss
Foundation Capital Silver Spring Networks
88
David Cowan
Bessemer Venture Partners LinkedIn
89
Jeremy Liew
Lightspeed Venture Partners Playdom
90
Gordon Ritter
Emergence Capital Veeva Systems
The Big Deal
91
Sean Dalton
Highland Capital Partners Starent Networks
92
Theresia Gouw Ranzetta
Accel Partners Imperva
93
Fred Harman
Oak Investment Partners Huffington Post
94
Jenny Lee
GGV Capital 21Vianet
95
Ajay Agarwal
Bain Capital Ventures Kiva Systems
96
Asheem Chandna
Greylock Partners Palo Alto Networks
97
Adele Oliva
Quaker Partners Ascent Healthcare Solutions Inc.
98
David Hornik
August Capital Splunk
99
Subrata Mitra
Accel India Flipkart
100
Richard Liu
Morningside Ventures Duowan/YY
_____________________________
Forbes: Eric Jackson: Here’s Why Google and Facebook Might Completely Disappear in the Next 5 Years

www.forbes.com/sites/ericjackson/2012/04/30/heres-why-google-and-facebook-might-completely-disappear-in-the-next-5-years/

Eric Jackson, Contributor
I cover the business of technology

Follow on Forbes(680)

Investing
|
4/30/2012 @ 11:53AM |825,102 views
Here’s Why Google and Facebook Might Completely Disappear in the Next 5 Years
336 comments, 81 called-out
+ Comment now
David Wilkins
In presentations about the origins of social, I’ve actually cited Amazon as *the* starting point – at least from a populist perspective. The idea that we c [...]
A tag cloud (a typical Web 2.0 phenomenon in itself) presenting Web 2.0 themes. (Photo credit: Wikipedia)
We think of Google and Facebook as Web gorillas. They’ll be around forever. Yet, with the rate that the tech world is moving these days, there are good reasons to think both might be gone completely in 5 – 8 years. Not bankrupt gone, but MySpace gone. And there’s some academic theory to back up that view, along with casual observations from recent history.
When I was a PhD student 15 years ago, I studied with Don Hambrick who is a scholar known for a career showing the effects of management teams and directors (for good and for ill) on their organizations’ strategies and performance. One of the central tenets of this school of thought on organizations is that senior teams and directors have an outsized influence on organizational outcomes. What’s more, their backgrounds (including education and career paths) have a big effect on how they see the world, various competitive situations and the choices they make.
Google and Facebook Dead in 5 Years? Fat Chance! George AndersContributor
10 Reasons Why Facebook Bought Instagram Kashmir HillForbes Staff
Why Best Buy is Going out of Business…Gradually Larry DownesContributor
Internet Freak-out Over Google’s Privacy Policy Proves That No One Reads Privacy Policies Kashmir HillForbes Staff
There’s another school of thought which takes the opposite view called population ecology or organizational ecology which put forward that managers don’t really matter all that much. This view grew out of sociologists who’d taken to study organizations in the 1970s. They assert that organizational outcomes have much more to do with industry effects than who the CEO is and the choices he or she makes. They study birth and death rates of populations of organizations, as well as the effects of age, competition and resources in the surrounding environment on an organization’s birth and death rate. Most of these organizational ecology scholars come out of the University of California at Berkeley.
As a graduate student, I didn’t have much time for this ecology line of thinking. I believed in the power of the individual executive to overcome all challenges in the external environment. We can always point to dynamic CEOs as case studies, even though the sociologists would say those are the equivalent of celebrating the smarts of lottery winners.
As I age and watch what’s happening in the world of Internet and mobile, I can’t stop thinking of these ecologists though.
More and more in the Internet space, it seems that your long-term viability as a company is dependent on when you were born.
Think of the differences between generations and when we talk about how the Baby Boomers behave differently from Gen X’ers and additional differences with the Millennials. Each generation is perceived to see the world in a very unique way that translates into their buying decisions and countless other habits.
In the tech Internet world, we’ve really had 3 generations:
•Web 1.0 (companies founded from 1994 – 2001, including Netscape, Yahoo! (YHOO), AOL (AOL), Google (GOOG), Amazon (AMZN) and eBay (EBAY)),
•Web 2.0 or Social (companies founded from 2002 – 2009, including Facebook (FB), LinkedIn (LNKD), and Groupon (GRPN)),
•and now Mobile (from 2010 – present, including Instagram).
With each succeeding generation in tech the Internet, it seems the prior generation can’t quite wrap its head around the subtle changes that the next generation brings. Web 1.0 companies did a great job of aggregating data and presenting it in an easy to digest portal fashion. Google did a good job organizing the chaos of the Web better than AltaVista, Excite, Lycos and all the other search engines that preceded it. Amazon did a great job of centralizing the chaos of e-commerce shopping and putting all you needed in one place.
When Web 2.0 companies began to emerge, they seemed to gravitate to the importance of social connections. MySpace built a network of people with a passion for music initially. Facebook got college students. LinkedIn got the white collar professionals. Digg, Reddit, and StumbleUpon showed how users could generate content themselves and make the overall community more valuable.
Yet, Web 1.0 companies never really seemed to be able to grasp the importance of building a social community and tapping into the backgrounds of those users. Even when it seems painfully obvious to everyone, there just doesn’t seem to be the capacity of these older companies to shift to a new paradigm. Why has Amazon done so little in social? And Google? Even as they pour billions at the problem, their primary business model which made them successful in the first place seems to override their expansion into some new way of thinking.
www.forbes.com/sites/ericjackson/2012/04/30/heres-why-google-and-facebook-might-completely-disappear-in-the-next-5-years/2/

Eric Jackson, Contributor
I cover the business of technology

Follow on Forbes(680)
Investing
4/30/2012 @ 11:53AM |825,231 views
Here’s Why Google and Facebook Might Completely Disappear in the Next 5 Years
336 comments, 81 called-out
+ Comment now
Page 2 of 2
Mobile companies born since 2010 have a very different view of the world. These companies – and Instagram is the most topical example at the moment – view the mobile smartphone as the primary (and oftentimes exclusive) platform for their application. They don’t even think of launching via a web site. They assume, over time, people will use their mobile applications almost entirely instead of websites.
We will never have Web 3.0, because the Web’s dead.
Web 1.0 and 2.0 companies still seem unsure how to adapt to this new paradigm. Facebook is the triumphant winner of social companies. It will go public in a few weeks and probably hit $140 billion in market capitalization. Yet, it loses money in mobile and has rather simple iPhone and iPad versions of its desktop experience. It is just trying to figure out how to make money on the web – as it only had $3.7 billion in revenues in 2011 and its revenues actually decelerated in Q1 of this year relative to Q4 of last year. It has no idea how it will make money in mobile.
Google and Facebook Dead in 5 Years? Fat Chance! George AndersContributor
10 Reasons Why Facebook Bought Instagram Kashmir HillForbes Staff
Why Best Buy is Going out of Business…Gradually Larry DownesContributor
Internet Freak-out Over Google’s Privacy Policy Proves That No One Reads Privacy Policies Kashmir HillForbes Staff
The failed history of Web 1.0 companies adapting to the world of social suggests that Facebook will be as woeful at adapting to social mobile as Google has been with its “ghost town” Google+ initiative last year.
The organizational ecologists talked about the “liability of obsolescence” which is a growing mismatch between an organization’s inherent product strategy and its operating environment over time. This probably is a good explanation for what we’re seeing in the tech world today.
Are companies like Google, Amazon, and Yahoo! obsolete? They’re still growing. They still have enormous audiences. They also have very talented managers.
But with each new paradigm shift (first to social, now to mobile, and next to whatever else), the older generations get increasingly out of touch and likely closer to their significant decline. What’s more, the tech world in which we live in seems to be speeding up. Tim Cook had an interesting line about the velocity of change in his earnings call last week:
“
through the last quarter, I should say, which is just 2 years after we shipped the initial iPad, we’ve sold 67 million. And to put that in some context, it took us 24 years to sell that many Macs and 5 years for that many iPods and over 3 years for that many iPhones. And we were extremely happy with the trajectory on all of those products. And so I think iPad, it’s a profound product.

Yahoo is already a shell of its 2000 self. There is increasing chatter (including from me) about how Google’s facing a painful multiple contraction, once its desktop search business (still accounting for the vast majority of its revenues and profits) starts to fall off a cliff as users dramatically drop traditional search for new ways of getting information they want in a mobile world. Is Amazon destined to decline? There seem to be no signs of it today and people will still need to buy stuff in a mobile world, but the new mobile platform will certainly open the possibilities for new entrants that Amazon can’t even imagine today.
Facebook is also probably facing a tough road ahead as this shift to mobile happens. As Hamish McKenzie said last week, “I suspect that Facebook will try to address that issue [of the shift to mobile] by breaking up its various features into separate apps or HTML5 sites: one for messaging, one for the news feed, one for photos, and, perhaps, one for an address book. But that fragments the core product, probably to its detriment.”
Considering how long Facebook dragged its feet to get into mobile in the first place, the data suggests they will be exactly as slow to change as Google was to social. Does the Instagram acquisition change that? Not really, in my view. It shows they’re really fearful of being displaced by a mobile upstart. However, why would bolting on a mobile app to a Web 2.0 platform (and a very good one at that) change any of the underlying dynamics we’re discussing here? I doubt it.
What about Apple? Where does it fit in to this classification scheme?
Apple is really a hardware company, so it’s difficult to put it into a bucket related to web apps. It certainly seemed very Web 1.0 with its Ping social application. Yet it’s succeeded in mobile from making the best hardware and software ecosystem for apps to proliferate on. In some ways, as long as it has a successful iOS platform, it doesn’t care which Web 1.0, 2.0 and mobile companies fail or succeed on top of it. Maybe that’s why so many non-mobile companies seem to want to emulate Apple. Google bought Motorola Mobility (MMI) to get into the hardware business. Facebook and Baidu (BIDU) are rumored to be launching their own mobile OS.
The bottom line is that the next 5 – 8 years could be incredibly dynamic. It’s possible that both Google and Facebook could be shells of their current selves – or gone entirely.
They will have all the money in the world to try and adapt to the shift to mobile but history suggests they won’t be able to successfully do it. I often hear Google bulls point to the market share of Android or Eric Schmidt’s hypothesis that Google could one day charge all Android subscribers $10 a month for value-added services as proof of future profits. Yet, where are all the great social success stories by Web 1.0 companies? I imagine we’ll see as many great examples of social companies jumping horses mid-race to become great mobile companies.
It’s a lot easier to start asking Siri for information instead of typing search terms into a box compared to thousands of enterprises ceasing to upgrade to the next version of Windows. Google’s 76% market share. Facebook’s 900 million monthly users. They just aren’t as sticky as they seem.
And does anyone think the pace of change is going to increase in the next 5 years versus the last? That we’re going to see fewer innovations, fewer start-ups trying more stuff on cheaper and more powerful processing power? In all likelihood, we could have an entirely new way of gathering information and interacting with ads in a new mobile world than what we’re currently used to today.
The Googles and Facebooks of tomorrow might not even exist today. And several Web 1.0 and 2.0 companies might be completely wiped off the map by then.
Fortunes will be made by those who adapt to and invest in this complete greenfield.
Those who own the future are going to be the ones who create it. It’s all up for grabs. Web monopolies are not as sticky as the monopolies of old.
[Long YHOO and AAPL]
___________________________________
Forecast Losses at Oprah’s OWN approach a staggering $330m as industry insiders predict it will be axed within the year

Obama was the Pinnacle of the Oprah Era
ronaldmay@aol.com
x

Brian Connolly
May 8 (2 days ago)
to RONALDMAY
www.dailymail.co.uk/news/article-2140773/Oprahs-OWN-network-Losses-approach-330m-amid-predictions-axed-year.html
+++++++++++++++++++++++++++++
Wednesday, May 09 2012 9PM 6°F 12AM 7°F 5-Day Forecast Losses at Oprah’s OWN approach a staggering $330m as industry insiders predict it will be axed within the year
By Rachel Quigley
PUBLISHED: 08:40 EST, 7 May 2012 | UPDATED: 10:59 EST, 8 May 2012
Comments (187) Share
The losses at Oprah Winfrey’s troubled cable channel are approaching a staggering $330 million, according to a report over the weekend.
Industry insiders believe the channel – the Oprah Winfrey network (OWN) – will not last another year unless they come up with a hit show and make a dramatic turnaround.
Though ratings have seen a slight insurgence thanks to interview program Oprah’s Next Chapter, it has stumbled since the get go with ratings of just 308,000 daily.
From left: Christina Norman, CEO of OWN, Oprah Winfrey, Chairman of OWN and David Zaslav, President and CEO of Discovery Communications, toast the moment of launch in January 2011
Fall from grace: In July last year Oprah tweeted this picture of herself in her new office, a far cry from the opulent surroundings she is used to
Glamour: This is the kind of luxury (and professional hair and makeup) Oprah used to have when her talk show was on the air
It is believed shows which do not feature the chat show queen herself are not popular with viewers.
Discovery, which partnered with Winfrey to launch the network and has been underwriting its costs, has invested nearly $600 million in it since 2008, according to an extensive report in Businessweek magazine.
Axed: Rosie O’Donnell and Oprah allegedly fell out when her shows was axed after just six months
Since it started on the air in January 2011, it may have lost as much as $330million, according to the magazine.
David Zaslav, the chief executive officer of Discovery Communications who talked Oprah into the idea of OWN, is famously impatient with money-losing operations within his company and insiders say he will not put up with the aiing network’s losses for much longer.
Winfrey appeared before advertisers two weeks ago to ask for more time, telling them: ‘I am in the climb of my life. I am climbing Kilimanjaro.’
Although she doesn’t risk losing a lot of money from the channel’s failings, Oprah’s reputation is at stake.
Over her 39-year career, The Oprah Winfrey Show had as many as 12.5 million viewers. O, The Oprah Magazine had more than two million subscribers. And her Internet site, Oprah.com, draws more than three million unique visitors a month.
Her image as the most successful TV star of her generation is on the line.
E-mails to OWN and Oprah’s production company, Harpo, were not returned yesterday.
In March it was announced that Rosie O’ Donnell’s talk show The Rosie Show had been axed by the network after only six months.
It debuted with 500,000 viewers but within days fell to half of that.
More…Warren Buffett shows he’s winning cancer battle as 81-year-old billionaire enjoys sing-a-long with stunning cheerleaders ahead of key company meeting
Maybe you should talk about it… Billionaire Oprah Winfrey steps out looking rough around the edges
The TV stars both released statements, with Rosie saying she ‘wished the show was able to attract more viewers.’
OPRAH WINFREY’S FAILURES
Oprah.com attracted 5.1million unique users in January 2011 when her daytime chat show was still being aired. But by July it was half that number at 2.4million, according to figures from comScore.
OWN premiered on January 1, 2011, to an average of 505,000 viewers. One month later ratings plummeted to an average of just 135,000 with only 30 per cent of those viewers in the targeted demographic of women ages 25 to 54.
The Rosie Show debuted on OWN with 497,000 viewers.Within a week the ratings plummeted to 200,000 per episode.
She added in a statement: ‘I loved working with Oprah in the amazing city of Chicago. I was welcomed with open arms and will never forget the kindness of all I encountered.’
In a statement, Oprah Winfrey said: ‘I thank Rosie from the bottom of my heart for joining me on this journey. She has been an incredible partner, working to deliver the best possible show every single day.
‘As I have learned in the last 15 months, a new network launch is always a challenge and ratings grow over time as you continue to gather an audience.’
However, just a week after they released these statements, it was reported the pair were not even on speaking terms because Rosie was unhappy with the way the press release was worded announcing her show was being unceremoniously dumped.
In February, the media mogul came under fire after she made a controversial bid to resuscitate ratings on Twitter.
Competing for viewers on the same night as this year’s Grammy Awards, she took to the micro-blogging site to ask her 9.2million followers: ‘Every 1 who can please turn to OWN especially if u have a Nielsen box.’
Ratings fail: The Rosie Show started off with 500,000 viewers but within days this had dropped by 50 per cent
The tweet was deleted, Ms Winfrey said, ‘at the request of Nielsen’, which prohibits clients from attempting to influence ratings.
A backlash of comments followed, with several Twitter users accusing the mogul of ‘being desperate’.
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Newest Oldest Best rated Worst rated View all Oprah. Big hit with the wimmen. During the day. Now, pandering to a ‘real audience’ at all hours – not so much. Same formula doesn’t work. And why the hell would ANYONE hire a proven loser like Rosie O’donnell? Answer: ego. Oprah’s success was based on ego. Now, her failure will also be . Such is karma.
- scott mcneebus, canandaigua, ny, 09/5/2012 02:21
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Well have you ever watched it?????? BOOOOORRRRRIIIIINNNNNGGGGG is the only way I can describe that network. Sweetie Pies?? Does anyone really watch that show? Some of the crime shows they have on there are ok. Undercover Bosses??? No thanks! And her own Oprah’s last chapter or whatever it’s called??? Not interested.
- Shelley, NC, USA, 09/5/2012 00:15
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Oprah has been So political for a long time. She has Pandered so much to Barrack & Michelle. Back in ’08 she was sickening. I wonder if She ever Investigated BO’s Real Background. I’d bet not. Some people can’t be taken at their Word. Some people lack what is known as CHARACTER. HONESTY
- Bobgood1, Indianapolis, In USA, 08/5/2012 19:59
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It’s Obama’s fault!
- Beckwith, Boston, MA, USA, 08/5/2012 19:10
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Oprah over reached and while she might have been good for an hour in the afternoon, not me but clearly to some people, her name and her views were not enough to draw people to the entwork. It’s problem is it is in no way distinguished or different. Maybe if oprah had kept her show going and shifted it over she might have brought viewers with her but as it is-it’s doomed.
- Paul , Lansdale, PA USA, 08/5/2012 18:13
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Clearly, no one wants to watch the Obama network.
- Dave, Atlanta, Georgia, 08/5/2012 16:34
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“Is it only one person responding or are there that many hateful, mean spirited, and uneducated folks out there?” Neither. Democrats for Hillary Clinton AND Republicans are disgusted that Oprah endorsed Obama. He was a lying empty suit but she shoved him down our throats anyway. She made it more difficult for Hillary Clinton and Sarah Palin, than they already had it battling the misogyny coming from Obama’s stupid minions. And yet women across America helped put that gas-bag on top. She betrayed us. We get ONE vote in the U.S., and we don’t appreciate bobble-headed racebaiters, like Oprah, tainting the vote with her ridiculous-sized influence. THAT is why you see the comments here, and THAT is why her empire is tanking. SURPRISE! Not everyone who hates Obama’s guts is a Republican!
- That’s me, in the center, 08/5/2012 16:11
Click to rate Rating 16 Report abuse
When will these sychophants realize they need to keep their politics to themselves. She is getting what she deserves!!!!!!
- rick, dallas texas, 08/5/2012 16:07
Click to rate Rating 10 Report abuse
She lost her audience because of her overt political bias. You can’t be a host of a show for a non-political audience and then suddenly come out as a hyper-partisan and expect that there be no consequences. It’s the old saying: “You can’t antagonize and influence at the same time.” Oprah is learning an expensive lesson.
- george, hollywood, ca, 08/5/2012 16:06
Click to rate Rating 16 Report abuse
I think I see a conspiracy brewing. Whenever there is an article that can in some way bash President Obama we see dozens, if not hundreds, of responses that sound so much the same they could have been written by the same person. Is it only one person responding or are there that many hateful, mean spirited, and uneducated folks out there?
- simpy_put, Las Vegas, NV, 08/5/2012 15:59

Read more: www.dailymail.co.uk/news/article-2140773/Oprahs-OWN-network-Losses-approach-330m-amid-predictions-axed-year.html#ixzz1uPJZQQwP
______________________________
END OF REPORT

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

If you missed an article, go here:
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TABLE OF CONTENTS
The Scoop section:
– The Motley Fool: IPOs Are Dead Again
– Mobile startup ‘Jump Rope’ has the ability to jump the line: Studio Paris is at 59 W. Hubbard, www.parisclubchicago.com/contact/, doors open at 9pm, and Tiesto comes on at 11pm
– Funding Feeding Frenzy Approaching – Only $20 to Apply to Present!
– Illinois Governor’s Sustainability Award
– David Bird: Follow-up to our phone call last week: Psylotech — and btw, one of the 20 people I called on Friday, April 27th in addition to David Bird, was Mil Ovan, and he was headed up to Evanston to advise two start-ups, one in operation and one on the drawing board, and I mention this because the subject of experienced entrepreneurs helping new ones came up Wednesday at the 1871 panel on tech, and an interesting point was made by Eric Lunt (I believe) was that there is a trend toward technologists both starting and running companies rather than entrepreneurs starting and running them; btw, one of the VIP attendees at 1871 was Dick Costolo or so I thought, but he turned out to be George Deeb
– Bob Waldron: SEFE article made me think of you
– SynGest: This Iowa story has a Chicago tech connection
– MIT-EF White Board Challenge: Entries will be accepted until 5:00 pm CST, Monday May 7, 2012
– Tarkus Murphy: STC (on the Information Superglacier™) is granted “Trusted Foundry” Status by the Department of Defense
– Paul T. Haugh: a long email, so long I haven’t read it yet
– People looking to subscribe to TMR, but can’t because the subscribe button doesn’t work — Robbie Abed, stop flirting at events and stop kissing Seth Kravitz’s butt and get to work — and the same goes for you too Andy Crestodina and Billy Myers (spelling?)
– Rob Grosshandler was at the 1871 grand opening and I said he was part of the 1999 crowd, so he asked me the name of his original firm, which I tried to think of as I rolled around at the party and even when I got home, I continued to think (I did not cheat by checking the TMR archives), and I finally came up with a correct name for one of Rob’s business partners, Larry Zinox — While at the party, I did think of Melson but not the name of the firm that Melson bought
– I wonder where the animus is greatest — Lundin and Meredith?; Lundin and Hoch?; Lundin and Slack?; Meredith and Dever?; Katsantonis and Dever?; Achler and Howard Tullman?; Tullman and Weaver?; Connolly and Howard Solomon?, man, I could go on but based on these emails, I’d say Lundin and Meredith; Any other contenders you can think of?
[Editor's note: May here. I have a huge backlog of events and panels to cover and tons of mail which I hope to get caught up on this weekend.
I had written this for the Dalton headline, but I was overruled by my chief headline writer.
Channeling Mike Wallace: Forgive me Imam, en.wikipedia.org/wiki/Imam, their words, not my words Imam, (aka His Highness Chris Dalton, but the Motley Fool says that "The four companies that dared to go public were initial duds" starting with Acquity Group. And forgive me Imam, channeling SNL in 1977 Imam, Haile Salassie en.wikipedia.org/wiki/Haile_Selassie_I is still dead and Acquity Group is still under water after one week]
________________________________
The Scoop section:
______________________
The Motley Fool: IPOs Are Dead Again
www.fool.com/investing/general/2012/05/01/ipos-are-dead-again.aspx
IPOs Are Dead Again
By Rick Aristotle Munarriz May 1, 2012
The IPO market roared to life two weeks ago, fueled largely by the success of Splunk (Nasdaq: SPLK ) . The “big data” speedster went public at $17. Even though the company is trading off its earlier highs, the stock has still gone on to nearly double at yesterday’s close of $33.95.
Most of the other companies that went public that week went on to post double-digit gains.
Unfortunately, last week was everything that the prior week was not. The four companies that dared to go public were initial duds.
Let’s take a closer look at the companies that went public last week.
Company
IPO
April 27, 2012
Gain
Acquity (NYSE: AQ ) $6 $5.75 (4%)
Edgen Group (NYSE: EDG ) $11 $9.50 (14%)
Ares Commercial (Nasdaq: ACRE ) $18.50 $17.82 (4%)
Envivio (Nasdaq: ENVI ) $9 $9.20 2%
Source: Dealogic.
You know it’s a bad week when the winner is only trading 2% higher, and the other names close out the week in the red.
Acquity is a digital marketer. It has offices in 10 cities in the United States as well as a couple of offices in China.
Edgen is a Louisiana-based distributor of products to the energy sector. Edgen’s specialty products include steel pipes and valves.
Ares Commercial Real Estate is a REIT that buys into middle-market commercial real estate loans.
Envivio offers solutions for multiscreen video processing and delivery. It was the only IPO to close higher last week, and the shares even managed to inch higher during yesterday’s soft market.
There are more promising IPOs on the slate for this week, including private-equity firm Carlyle Group and apparel retailer Tilly’s. EverBank Financial — the banking company that’s best known for its high-yielding money market fund and CDs — also plans on going public later this week.
It really can’t get worse. Right?
__________________________
Mobile startup ‘Jump Rope’ has the ability to jump the line: Studio Paris is at 59 W. Hubbard, www.parisclubchicago.com/contact/, doors open at 9pm, and Tiesto comes on at 11pm
Hey Ron
Inbox
x

Dan Parsons dan@orainteractive.com
May 3 (1 day ago)
to me
Hey Ron, mobile startup ‘Jump Rope’ has the ability to jump the line @ Tiesto event at Studio Paris on Friday. Gonna be HOT! Remember built by Ora Interactive.
Sent from my iPhone
OraInteractive.com | @DanByDay
____________________________
Funding Feeding Frenzy Approaching – Only $20 to Apply to Present!
Funding Feeding Frenzy Approaching – Only $20 to Apply to Present!
ronaldmay@aol.com
x

Robert Bock Bob@fundingfeedingfrenzy.com
2:19 AM (7 hours ago)
to RONALDMAY
Hello Ron,
Can you post a short note on your upcoming reports for Funding Feeding Frenzy Presenting Companies?
Great5 deal for companies as only $20 to apply and if selected then you present for that.
$25 could get you 750K in funding for your growing company or startup!

Funding Feeding Frenzy Presenting Company Application Process is only $20
and if you’re selected to present that is all you PAY! Time is running out so
Apply now$$$$$$ Do you know someone who is raising money for their company?

fundingfeedingfrenzy.com/present-your-company/
Thanks
Robert A. Bock
VentureSHOT/Funding Feeding Frenzy
130 N La Grange Road, Suite 212
La Grange, Illinois 60525
Office: 708-588-9611
Cell: 708-646-9047
Fax: 708-387-8201
Bob@VentureSHOT.com
Bob@FundingFeedingFrenzy.com
http:FundingFeedingFrenzy.com
_____________________________
Illinois Governor’s Sustainability Award
Illinois Governor’s Sustainability Award
Inbox
x

Debra Jacobson GovsAwards@istc.illinois.edu
May 3 (1 day ago)
to me
Be recognized for your environmental efforts! The application deadline for the Illinois Governor’s Sustainability Award is drawing near. Applications for this prestigious award are due by close of business on May 25, 2012.
Details and application information can be found on the Illinois Sustainable Technology Center website at www.istc.illinois.edu/info/govs_awards.cfm or contact Deb Jacobson at 630-472-5019, djacobso@illinois.edu.
______________________________
David Bird: Follow-up to our phone call last week: Psylotech — and btw, one of the 20 people I called on Friday, April 27th in addition to David Bird, was Mil Ovan, and he was headed up to Evanston to advise two start-ups, one in operation and one on the drawing board, and I mention this because the subject of experienced entrepreneurs helping new ones came up Wednesday at the 1871 panel on tech, and an interesting point was made by Eric Lunt (I believe) was that there is a trend toward technologists both starting and running companies rather than entrepreneurs starting and running them; btw, one of the VIP attendees at 1871 was Dick Costolo or so I thought, but he turned out to be George Deeb
Follow-up to our phone call last week
Inbox
x

David Bird davidbird09@gmail.com
May 2 (2 days ago)
to me

Hi Ron – when you called me last week, I forgot to mention I am helping Psylotech, an Evanston startup raise a small angel round of $400k. A brief powerpoint presentation describing the opportunity is attached. Basically, Alex Arzoumanidis (inventor, founder and president) has created novel instruments that will dramatically improve the mechanical product design process saving companies significant time and money while improving product quality. We’ve raised $150k thus far and would like to complete the round by the end of June. Please contact me if you know of any investors that would be interested in this manufacturing investment opportunity. (Note: Psylotech has been qualified by the State of Illinois so that 25% of an investor’s investment qualifies for an Illinois State Tax credit.) If you would like to learn more, I can connect you with Alex for a brief discussion.
Thanks,
David Bird
_________________________
Bob Waldron: SEFE article made me think of you
SEFE article made me think of you
Inbox
x

Bob Waldron bwaldron@gmail.com
12:21 PM (1 hour ago)
to me
Hey Ron,
It’s not a Chicago-based company and may, therefore, not be of interest to you, but this SEFE article brought you to mind because of it’s blunt expose approach to a tech company’s shady doings.
seekingalpha.com/article/554371-sefe-inc-s-hot-air-balloon-about-to-burst
“…We view SEFE no differently than any other Pump & Dump that use exaggerations of the truth and sexy story lines for which promoters at times spend millions of dollars to orchestrate massive pump moves. The stock has risen from $0.64 on 2/24/ 2012, reaching a high of $2.96 on 3/25/2012…”Third parties” have spent at least five million dollars to peddle this story to unsuspecting investors by utilizing some of the most notorious promotional organizations out there such as Stocks Digest Magazine(received $2.5 million in cash and $2.5 million in shares), Stock Hunter, The Stock Detective and Awesomestocks…”
Have a great weekend,
Bob
____________________________
SynGest: This Iowa story has a Chicago tech connection
SynGest
Inbox
x

Reginald Yoon reginaldyoon@mail.com
May 1 (2 days ago)
to me, ronaldmay
Ron,
This Iowa story has a Chicago tech connection: www.desmoinesregister.com/article/20120428/NEWS09/304280018/SynGest-investment-revisited-after-past-case-comes-light
I thought your readers might be interested. It does make for interesting reading.
Reggie Yoon
+++++++++++++++++++++++++++++
www.desmoinesregister.com/article/20120428/NEWS09/304280018/SynGest-investment-revisited-after-past-case-comes-light
SynGest investment revisited after past case comes to light
A jury in ’08 found its chairman had misused money.
11:34 PM, Apr. 27, 2012 | 1 Comments

Written by
RYAN J. FOLEY
Associated Press
Iowa economic development officials are reviewing whether to continue a $2.5 million investment in a startup company pitching a groundbreaking fertilizer technology after learning a jury once found its chairman had misused investor money in another energy project.
SynGest Chairman Serge Randhava was found in 2008 by a federal jury in Illinois to have committed civil racketeering and fraud with associates in connection with misusing $500,000 awarded to develop another fertilizer technology, according to court records reviewed by the Associated Press.
A judge vacated the verdict in 2009 when the case was settled. Randhava denied wrongdoing during the case and again in an interview Thursday. He said it was one small part of a messy, high-stakes business litigation that ended with him receiving an undisclosed settlement.
Still, two members of the Iowa Power Fund Board who backed SynGest’s plan to build a $105 million plant told the AP that questions about his background might have doomed its 2009 request for state aid. At the least, they said they would have dug deeply into the litigation as part of their standard due diligence.
“If there had been any hint of that sort of thing, I’m sure we would have dropped them in a moment,” said energy expert Pat Higby, an ex-member of the board. Former member Tom Wind called the revelation disturbing and said it would have been cause for concern.
SynGest was promised $2.5 million to design the world’s first plant to make anhydrous ammonia from biomass materials. Company leaders promised huge returns, but the project has struggled.
Iowa Economic Development Authority spokeswoman Tina Hoffman said lawyers have started a “full review” that will determine whether the verdict against Randhava should have been disclosed in the application, which asked whether corporate officers had been “accused or convicted of a crime or wrongdoing” or had judgments or court actions “completed or pending” against them.
Previously, Randhava was part of an investor group set up to cash in on a cement technology that sued a prominent research group, the Gas Technology Institute, and former executives in 2005 for millions for fraud and racketeering when the venture failed.
GTI later filed a lawsuit against Randhava and others, alleging they were part of a scheme to defraud the group of development funds for another venture.
Two trials happened in federal court in Illinois in 2008: One ended in a $15 million verdict in favor of Randhava’s group. The other ended in a finding that Randhava and associates were part of a civil racketeering conspiracy. There was also a $670,000 verdict against them.
A judge threw out the $15 million verdict in 2009. Then a settlement was reached for both cases.
The allegations against Randhava were that he and others misused much of the $650,000 the institute invested in a venture to develop methane gas technology used in fertilizer. GTI executive Peter Barone was the project manager.
After the money was deposited in a bank account controlled by Randhava, he used more than $100,000 for personal expenses and issued checks worth hundreds of thousands of dollars to companies he knew hadn’t worked on the project, the lawsuit alleged.
The lawsuit said some of the money went as kickbacks to entities controlled by Barone, who was later indicted along with two other GTI employees on charges they accepted millions to steer contracts to bogus firms run by associates. Prosecutors never accused Randhava of criminal wrongdoing. Barone died before trial and the others were convicted.
The lawsuit claimed Randhava helped produce a 2002 paper about the technology that was “designed to mislead and deceive” the institute into believing the work was performed. In refusing to dismiss the case before trial, U.S. District Judge Rebecca Pallmeyer wrote in a ruling that she found “ample circumstantial evidence that (Randhava) participated in a fraud.” Randhava denied knowingly misrepresenting how the money was spent, court records show.
_____________________________
MIT-EF White Board Challenge: Entries will be accepted until 5:00 pm CST, Monday May 7, 2012
Deadline Approaching Submit Your Idea Today!

Entries will be accepted until 5:00 pm CST, Monday May 7, 2012
+++++++++++++++++++++++++
Subject: RE: Nancy, today’s the last day to apply for the WBC. What’s the direct link?
Date: 5/4/2012 1:56:09 P.M. Central Daylight Time
From: nancy@knowledgeshift.net
To: RONALDMAY@aol.com

Here you go
www.mitefchicago.org/content.aspx?page_id=22&club_id=375711&module_id=114161
From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Friday, May 04, 2012 1:41 PM
To: nancy@knowledgeshift.net
Cc: ronaldmay@aol.com
Subject: Nancy, today’s the last day to apply for the WBC. What’s the direct link?
++++++++++++++++++++++++++++++++
MITEF – White Board Challenge – Time Running Out – $5000 in Cash Prizes
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May 1 (2 days ago)
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Whether it is the back of the napkin sketch, an early stage company, or real company with real revenues.
All ideas are welcome!
If you have a brilliant idea that is missing much-needed public recognition, plan to join us at the MIT EF Chicago 2012 Whiteboard Challenge on Thursday May 24th 2012. Each finalist will have five minutes, a whiteboard, a captive audience, and a chance to win $5,000 in cash prizes. This event is the highlight of the MIT Enterprise Forum Chicago Chapter spring event season, don’t miss your opportunity to be in the spotlight!
Everyone is eligible to submit their own innovative concept for consideration, and presenting finalists will be selected by a distinguished panel of judges.
Previous winners have received funding from attendees of the event. Don’t miss out!
Presenter applications are NOW OPEN!
Applications are limited to 100 – REGISTER EARLY! WHY MISS OUT.
To submit an entry, click here to open the entrant submission window
2012 White Board Challenge Rules
All entries must conform to the following Whiteboard Challenge Rules:
All entries must be completed by 5:00pm Central time on Monday May 7, 2012. There is no charge to submit an entry and you may submit multiple entries. Each unique idea requires a separate entry form. One idea per entry please.
Assume any statements, claims, and any and all information made as part of this entry are public domain.
A panel of judges will screen all entries and select up to 15 for final presentation. You should assume that the judges have no background in the technology area or subject matter of your idea.
The judges’ selection is final and the judges reserve the right to determine the final number of presenters.
Only final presenters at the 2012 Whiteboard Challenge are eligible to win the cash awards at the event.
Selected entrants will be notified on or about Monday, May 14, 2012 at the email address and/or telephone number provided on the entry form. If contact information is incomplete or incorrect, you may lose the opportunity to present.
The judges assume all information provided on the entry form is true and correct.
Confidential Information, Proprietary Content, and protected Intellectual Property that is not your own will not be accepted. DO NOT attempt to present ideas that are the confidential or proprietary property of another person or entity. By submitting an entry you are acknowledging that the information is not infringing on the protected rights of any person or entity.
If you are selected to present at the 2012 Whiteboard Challenge you will need to register as presenters. Presenters may take advantage of presentation coaching the week of May 14th. Presentation rules and guidelines will be provided to all selected presenters.
Each finalist will present on the evening of the event Thursday May 24, 2012. The Whiteboard Challenge program runs from 5:00pm to 8:00pm CST (finalists must be available from 4:30pm to 8:30pm on the date of presentation). All applicants must be available to present on this date. Only finalists are required to be present.
___________________________
Tarkus Murphy: STC (on the Information Superglacier™) is granted “Trusted Foundry” Status by the Department of Defense
Subject: STC (on the Information Superglacier™) is granted “Trusted Foundry” Status by the Department of Defense
Date: 5/2/2012 3:17:52 P.M. Central Daylight Time
From: tarkus@ripco.com
To: ron@themayreport.com, RONALDMAY@aol.com

Ron,

I think I made an earlier post about the designation of the College of Nanoscale Science and Engineering’s Smart System Technology and Commercialization Center of Excellence (STC) in Canandaigua met the International Traffic in Arms Regulations (ITAR) and, earlier, received an ISO 9001:2008 certification.

Now, it has become New York’s first and only Trusted Foundry for the processing, packaging and assembly of MEMS and optoelectronic devices.

I have had a few delays in preparing some stories with Chicago impact, but I thought that I would also send you some more good news about our local Center of Excellence.

In other April news, Governor Andrew M. Cuomo issued an Executive Order to establish a statewide Health Exchange. Creating an Exchange will significantly reduce the cost of coverage for individuals, small businesses, and local governments. By lowering the cost of insurance, the exchange will also help more than one million uninsured New Yorkers afford coverage.

NY recently had its second, on time budget, and it may have been one of the first budgets in many years that was submitted BEFORE the April 1 deadline. Who picks April fool’s day as a budget deadline date?

Cheers (Macallan 18 Year Highland Single Malt Scotch Whisky – nice – I hope you are feeling better, now!)

Tarkus

Governor Cuomo Announces STC Granted “Trusted Foundry” status by DoD
Submitted by STCMEMS on Wed, 04/25/2012 – 16:04
GOVERNOR CUOMO ANNOUNCES COLLEGE OF NANOSCALE SCIENCE AND ENGINEERING CENTER IN CANANDAIGUA GRANTED “TRUSTED FOUNDRY” STATUS BY DEPARTMENT OF DEFENSE
First for New York and one of only two in the country, designation promises continued high-tech job creation and cutting-edge defense research
Governor Andrew M. Cuomo today announced that the College of Nanoscale Science and Engineering’s Smart System Technology and Commercialization Center of Excellence (STC) in Canandaigua has received the rare and exceptional designation as a Trusted Foundry by the U.S. Department of Defense’s Defense Microelectronics Agency.
The Trusted Foundry program is a Department of Defense initiative to accredit trusted, secure sources for the development and manufacturing of integrated circuits for a wide range of defense and intelligence applications.
With the Trusted Foundry accreditation, CNSE’s STC now has the ability to serve the Department of Defense, intelligence agencies, allied foreign governments and government contractors.
“This prestigious designation is the result of the enormous commitment we have made in making New York the epicenter of the global nanotechnology industry,” Governor Cuomo said. “Through smart and targeted investments, New York has now become synonymous with nanotechnology, drawing high tech companies from around the world. The Trusted Foundry designation for our Canandaigua facility is another leap forward for our state, and I thank Dr. Kaloyeros and his team for their visionary work and leadership.”
As New York’s first and only Trusted Foundry for the processing, packaging and assembly of MEMS and optoelectronic devices, essentially innovative sensors that use microprocessors to rapidly process data, CNSE’s STC is uniquely positioned to attract corporate technology partners and new high-tech jobs to Western New York. CNSE’s STC houses over 30,000 square feet of certified cleanroom facilities to enable fabrication, packaging and testing.
Next-generation MEMS devices can be used in a variety of nanotechnology-enabled military applications, including field-deployable, multi-functioning nanosensors and actuators, integrated system-on-a-chip (SOC) and system-in-a-package (SIP) technologies, and protective coatings and materials for the safety and security of military personnel and equipment.
“This critical designation of CNSE’s STC as New York’s first Trusted Foundry for MEMS and optoelectronics devices is a further embodiment of the vision and leadership of Governor Andrew Cuomo in continuing to build a world-class nanotechnology industry in New York that is second to none,” said CNSE Senior Vice President and CEO Dr. Alain E. Kaloyeros. “This classification establishes CNSE’s STC as the ‘go-to’ location for 21st century military technologies, while providing exciting opportunities to drive new technology companies and high-tech jobs to the nanotechnology cluster in Western New York.”
“CNSE’s Smart System Technology & Commercialization Center of Excellence is honored to be designated as a Category 1A Trusted Foundry, and to have the opportunity to serve as a vital resource to meet the growing technology needs of the U.S. military,” said CNSE Vice President for Disruptive Technologies and Director of CNSE’s STC Paul Tolley. “We look forward to working with partners in both the government and industrial sectors to advance state-of-the-art military applications that will better equip and protect our soldiers and our nation.”
The Trusted Foundry program seeks to maintain technological superiority for the U.S. military and ensure national security. Due to the rapid pace of technological development and the commercial microelectronics technology business climate that has shifted a significant amount of computer chip manufacturing offshore, that security is at risk. The Office of Secretary of Defense issued the Defense Trusted Integrated Circuits Strategy that established “Trust” as a minimum need for the Department of Defense in 2003 to address this risk.
The designation of CNSE’s STC was achievable through its ability to meet the International Traffic in Arms Regulations (ITAR), and the expansion of its secret security clearance through the Defense Security Service (DSS). In addition, DMEA requires all Trusted sources to maintain ISO registration, with CNSE’s STC having achieved ISO 9001:2008 certification at the end of 2011.
__________________________
Paul T. Haugh: a long email, so long I haven’t read it yet
Hi Ron, or Hi Mr. May, or Hi May Report Guy…….(a thank you and a proposition)
Inbox
x

Paul T. Haugh paul@snaghag.com
1:05 PM (6 hours ago)
to me, paulhaugh

Hi Ron, (wow this turned into a LOOOOONNNGGG email, sorry in advance)
I met you at Nohana a few years ago, it was a great conversation, and I have to congratulate you on becoming “the source” for all things tech happening in Chicago. Chicago Tech’s Drudge Report = The May Report.(or should that be the other way around?) Your tireless efforts to show the world that Chicago can be, and is rapidly becoming, a major force in the tech community for entrepreneurs with great ideas, and great companies, and a great talent pool here in Chicago, makes me proud to be a native Chicagoan. Our great city never completely transforms itself, it more or less makes room for another industry that’s proven itself. Once you’re accepted in Chicago, you can belly up the bar and talk to the regulars finally, even watch some Jeopardy and Wheel of Fortune. Not every industry can do this in Chicago, it has to be EARNED first. You fly into New York, and they have the Statue of Liberty, standing tall, as a beacon of freedom for America, the Big Apple, Wall Street, big banking, real estate moguls, media moguls, times square, central park, it’s all wrapped up in that one statue and it gives you chills– goosebumps even to see her standing proudly, symbolizing liberty, freedom, and opportunity. Chicago’s symbol of liberty, freedom, and opportunity is that magical skyline, famous throughout the world and industries such as meat packing, manufacturing, finance, insurance, banking, traders, unions, politics(with–shall we say–some morally and ethically challenged politicians sprinkled in there) all come to mind when you think of our famous city.
Now thanks to the legions of start-ups, entrepreneurs and to YOU, we can add “technology” to the epitaph of that famous skyline of ours, that defines what Chicago is. We’re made up of many things, just like we are made up of so many wards, and alderman, neighborhoods, churches, synagogues, and local pubs. Yes we’re a world class city, with world class transportation, world class Lakefront, world class food and entertainment, and world class summer fun, and world class winters to test your metal (this past one was kinda nice). We have world champions in Basketball, Football, Hockey and Baseball (the Cubs are just world-beloved here, and that is even pretty big). I think Chicago has a debt of gratitude to you, as a man with a driving mission to report all the amazing things “tech” going on in and around Chicago and you have shined a spotlight, or put us under such a magnifying glass, a case could be made that you were the original Chicago Tech Entrepreneur that really put all of Illinois on the tech map, or radar, or consciousness. We have the Michael Jordan of basketball, 6 championships to prove it, and now we have the Michael Jordan of Chicago Tech news, and we now have you and The May Report to prove it.
I am a dedicated follower of The May Report in my Gmail inbox since 2007? 2008? I have never met Terry Howerton, but feel like I know as much about him as I do about our former Governor Rod Blagojevich. So since the City and Hizzoner Rahm hasn’t given you an award yet, I’d like to invite you to sit on our board of directors, for a new start-up we have put together in Chicago. Another Chicago start up, by a product of Chicago catholic grammar schools, went to a suburban-chicago high school, and a brief stint at an old Chicago throwback college, DePaul University. I’m the first born son of Irish-Catholic immigrants that settled in Chicago in the 60′s, came here from struggle only to struggle MORE to find a better way of life for themselves and ultimately committed themselves to sacrificing for others (me benefiting from that struggle and sacrifice). Chicago uniquely identifies with all this tradition and history, and we’re like many people all over this great city who’s roots had the same beginnings and their amazing stories, struggles and sacrifices led them to this world class city. Something tells me that the The Ron May story and your roots in Chicago, come from some amazing people that came from someplace else, and also struggled and sacrificed, and I’d love to hear that story some time, tucked away in a Chicago pub some time, or at Nohana.
So we want to be a world-class organization and I want a world class contributor on my board(you), to help give us the world class knowledge indexed up there in your brain, as you’ve watched companies flounder and flourish, and you could probably teach a few business MBA professors around town a thing or two about, “The Art of the Start.” I’d like to write a story in the Tribune that says: “All Roads for Technology in Chicago go thru Ron May”, but knowing my limitations for approving copy at the Tribune, I’ll start with inviting you to sit on our board. Maybe this will also set the bar for future organizations to understand that before they start raising capital for that great idea in Chicago, they should be sitting down at Nohana, or someplace else, with Ron May. Conflict of interest? I don’t see how. You’re going to report the news no matter what, and if we pull a lot of the Groupon-isms that they did, I’d expect no special treatment. We’ll be called out on it, in that next edition of ‘The May Report’. I also happen to think you’d be uniquely qualified not only to help us raise capital if we decide to go that route, but I also think you’re uniquely qualified to head up our “human resources/recruiting” for the Management and Executive Team for the company. I mean, only if you were interested that is. You may (no pun intended) have no interest at all, and no time at all. I read your reports and can read how spread thin you are with time, and making events and getting to dialysis, and the doctor and all your underground secret interviews with movers and shakers. We’d like to not only tap into Chicago’s great labor pool, but also tap into working with talented entrepreneurs that started something in Chicago that didn’t make it, but still have the hunger and drive to be apart of something great and fun again, and not just as employees, but as “partners”……………. earned of course. Inscribed on a plaque at the base of the Statue of Liberty in New York is written: “Give me your tired, your poor/Your huddled masses yearning to breathe free”……………and that’s what we want our start-up to be about being a place for driven entrepreneurs to bring their talent and give their dream of building something another shot. We want to attract talent from everywhere, but I know that entrepreneurs that had a company crash and burn, still have a fire burning inside them. And I know that you would be over qualified to help us make those hires, because nobody can “vet” a candidate better than you. Just ask Terry Howerton. On a side note: Did this guy ever do anything illegal? Or was he just foolish enough to pee in someone’s Cheerios that you like, and/or make the unfortunate mistake of making you “Incredible Hulk” angry? (can u tell I’m a little excited about the Avengers coming out in a few days?)
So that was a long way to go, to get to: A) Thank you for your dedication to shining sunlight on Chicago for all things tech and that sunlight has had some disinfecting results on certain individuals, but that sunlight also made the rest of the country see us as a leader for great ideas and great companies, And B) Nobody cares if I give you a life time achievement award for all your efforts, so they can take my invitation to join our board of directors as acknowledgement of how important you really are in Chicago in the world of “technology” and how much we respect you, and I respect your accomplishments. If you also accept our other position, then there is a package I’d like to discuss that allows you total autonomy to help us raise capital, and recruit mad talent, on your time, while also doing your own work, and building your brand. I know ‘The May Report’ is priority #1, and we know that and support that. Hey, I better get my recent issue of The May Report no matter what you get involved with. I need my fix with my morning coffee.
And why isn’t there a section on “The May Report” for “jobs”, or a “jobs board”…………..or even, a special posting section were ONLY former “entrepreneurs” post their resume looking to land someplace after their blood, sweat, and tears closed it’s doors for good. I believe The May Report would make substantially MORE revenue with a jobs section. One that had “categories” to divide people’s skill sets. It would be my first place to look, if I was a hiring manager– oh wait– I AM NOW A HIRING MANAGER, desperately trying to recruit YOU to help me with that, and I did go to your website EXPECTING to find human talent posted there, but was so disappointed to find “no jobs section”, no posted resumes by your legions of faithful followers. So my “little” suggestion for you to you add that, and that would create “not so little” new revenues. WE could help you with that. Building it, and doing the sales. (keep us in mind)
We’ll also be asking some Chicago business titans/ heavyweights to also join us……………..but want YOU collaborating with us, on who those final candidates will be. Bet you didn’t expect this when you woke up today.
I thank you for reading, every entrepreneur in Chicago tech scene owes you a debt of gratitude, and hope this email finds you well, and that today you are having a good health day. FYI–add cinnamon to all your hot drinks for a month/remove all sugar from them………you’ll feel better, it’s a “super-food”. Used long term it has eliminated Type II Diabetes in thousands of cases.
Your friend and all things Chicago-Tech stalker,
Oh and we are: www.SnagHag.com “Snag and Haggle Great Deals” (it’s our working tagline– and will change when someone more clever works their magic)
Old school, proven marketing, blended with new technology– isn’t that so uniquely Chicago?? Old landmark, traditional blended with new technology saavy?
(can u keep our business name secret till after “roll-out” in a week or 2, just beta-testing all the bugs out” and then you can “scoop us” Oh yeah, we a social portal for sharing deals with friends, and have all the functionality of Facebook, some we’re not showing yet, and won’t even: We don’t want to give too much away– here’s something I’ll give away, we built our version of a better Craigslist on the backend, so you dont’ have to check your email, like with Craigslist……..all conversations saved to your “member page”, and all posts to your friends are direct friend private, not all this public sharing, unless you make it a “public post”………SnagHag is where you also organize your “deal-life” daily, or on deals you’re waiting to go “live” weekly and monthly that you don’t want to miss………..it’s also your epicenter of sharing, or receiving great deals someone shared with you. You DONT need a credit card to participate, the weapon of choice is just your MOBILE PHONE.(or laptop or Ipad) And we have a simple offline sharing tool…………..TOKENS………….as I’m sure you’ve see a few in your day that says: “Good for 1 drink”(could be a pepsi). A proven mix of throwback marketing concepts meets cutting edge mobile marketing, email marketing, and social media marketing, group yapping, fun fun. Everybody keeps looking for the next Groupon, but we don’t seriously think of ourselves as the “next Groupon”, cause they are only interested in people with Credit Cards and willing to online SPEND……..while we’re reaching a MUCH LARGER MARKET: EVERYBODY CARRYING A MOBILE PHONE. Plus we don’t collect our client’s money like groupon, so no accounting scandals here.
What we ARE is the most entertaining, simplest to use, fun, deal sharing website on the net. We’re insanely focused on: Great user experience………..and great sharing functionality FOR ALL, NOT JUST THOSE WITH CREDIT CARDS……..and we set it up so you can “beat the system”………..cause everybody LOVES to WIN>>> and that’s what we want our users to feel like happened, that THEY WON in every call to action. Everybody loves a winner. Come. Shop. Win. YOU”RE A WINNER!! FEEL GOOD. REPEAT. Simple. And that makes us the first SnagHag, not the next Groupon.
( and no we’re not going to be desk sharing at 1871, and yes we’re looking for that amazing spot still– I wanted to split space day and night for the summer at 1060 W. Addison Street, cause I like the summer parties they throw, but the idea was shot down by the newest member of the tribe, some guy named Epstein. We called back and asked for Kotter, Horshack, even Barbarino, but apparently Epstein makes all the decisions now–things have changed. Would have been fun, working in the sun, sipping cold beverages…………..might have to “wait until next year” on that one.)
We sold plenty in beta to self fund, and are continuing to bootstrap, and have a “franchise earned” model by becoming a local distributor first, hence the need to attract “entrepreneurs”. Selling Franchises will really be a great source of raising intial capital. And we’ll have deals in over 200 cities on rollout. Think I could be a guest on the “Today” show for a month straight saying, “sign up for SnagHag.com FREE and WIN WIN WIN>SAVE SAVE SAVE!!!” Would that get us to 50 million subscribers faster than anybody ever? Or should I continue working our affiliate marketing programs?
That’s about it, and that’s a lot.
Thanks a lot. I look forward to hearing from you.
___________________________
People looking to subscribe to TMR, but can’t because the subscribe button doesn’t work — Robbie Abed, stop flirting at events and stop kissing Seth Kravitz’s butt and get to work — and the same goes for you too Andy Crestodina and Billy Myers (spelling?)
subscribe to newsletter
Inbox
x

Dennis LaMantia dennis.lamantia@gmail.com
May 2 (1 day ago)
to me
Hi – Can you sign me up for your newsletter?
dennis.lamantia@gmail.com
I tried on the old and new site and am running into problems.
Thanks!
+++++++++++++++++++++++++++++
Please subscribe me
Inbox
x

HMay hmay52@charter.net
May 2 (1 day ago)
to me
Hmay52@charter.net
Love,
Your Mother (btw your subscribe button does not seem to work)
Sent from my iPad
++++++++++++++++++++++++++++
Signing up for the report
Inbox
x

Dave Kunst dave.kunst@gmail.com
May 2 (2 days ago)
to me
Ron – I have gotten your emails forwarded a number of times and have found them super helpful. Would love to signup, please add me to your list if possible.
Best,
Dave
+++++++++++++++++++++++++++++++++
subscribe
Inbox
x

Eric Hochstein eric@hochstein.us
May 1 (2 days ago)
to me
Ron,
Please add me to your subscription list. I miss reading the news.
_____________________________
Rob Grosshandler was at the 1871 grand opening and I said he was part of the 1999 crowd, so he asked me the name of his original firm, which I tried to think of as I rolled around at the party and even when I got home, I continued to think (I did not cheat by checking the TMR archives), and I finally came up with one correct name for one of Rob’s business partners, Larry Zinox — While at the party, I did think of Melson but not the name of the firm that Melson bought
Subject: RE: Rob, I have NOT cheated but I’m scratching my head. See below.
Date: 5/4/2012 9:00:43 A.M. Central Daylight Time
From: rob@iGive.com
To: RONALDMAY@aol.com

You got it.

Larry Zinox. I had two partners at SOFTA, he was one of them. So, no four people, just three. He’s doing cool mobile web site stuff. After the business merged with Melson, I was superfluous, Larry and Bobby (Newman) stayed with the company – they actually had value.
So, you can stop thinking!
From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Friday, May 04, 2012 8:50 AM
To: rob@iGive.com
Cc: ronaldmay@aol.com
Subject: Re: Rob, I have NOT cheated but I’m scratching my head. See below.
May 4, 2012
Rob,
OK, just tell me this.
Is there a guy named Larry in this?
And was there a company that starts with a P?
It just popped into my head!
Larry Zinox?
Was he part of your group?
Aside from that, let me keep thinking.
Ron
In a message dated 5/4/2012 12:05:15 A.M. Central Daylight Time, rob@iGive.com writes:
No hints until you request one.
From: RONALDMAY@aol.com [mailto:RONALDMAY@aol.com]
Sent: Thursday, May 03, 2012 7:51 PM
To: rob@iGive.com
Cc: ronaldmay@aol.com
Subject: Re: Rob, I have NOT cheated but I’m scratching my head. See below.
Rob,
Off the record, and not for print, the guy I’m trying to think of, was kind of effete.
Not Mages, and not Yeager, whatever his first name is.
No hints yet.
Ron
In a message dated 5/3/2012 7:32:05 P.M. Central Daylight Time, rob@iGive.com writes:
Happy to give a hint, just say the word.
Sent from my iPhone

On May 3, 2012, at 6:59 PM, RONALDMAY@aol.com wrote:
May 3, 2012
Rob,
I can see the guy in my mind’s eye.
There were four guys and you were one of them?
Ken Mages?
Somebody Yeager?
But the guy I’m trying To name (DON’T TELL ME) used to attend meetings that I attended and I can picture him, but I’m trying to name him.
Give me a day or two to mull it over.
Ron
_____________________________
I wonder where the animus is greatest — Lundin and Meredith?; Lundin and Hoch?; Lundin and Slack?; Meredith and Dever?; Katsantonis and Dever?; Achler and Howard Tullman?; Tullman and Weaver?; Connolly and Howard Solomon?, man, I could go on but based on these emails, I’d say Lundin and Meredith; Any other contenders you can think of?
Lundin’s reply
ronaldmay@aol.com
x

Jeffrey Meredith jeffmere@gmail.com
Apr 30 (3 days ago)
to Ron
Considering that I’m in Costa Rica and have no plans to come back to
Chicago, I’m sure the police will be putting a protective detail
around Lundin at all times.
I told him that I consider his e-mails to be a form of harassment and
that he should stop writing to me.
———- Forwarded message ———-
From: slundin@bigfrontier.org <slundin@bigfrontier.org>
Date: Mon, Apr 30, 2012 at 4:10 PM
Subject: Re: Nothing but class
To: Jeffrey Meredith <jeffmere@gmail.com>

Ron added the comment idiot – not me. I could care less about you and
the decade of threats. This letter goes to the police.

On April 30, 2012 at 5:54 PM Jeffrey Meredith <jeffmere@gmail.com> wrote:
> Every now and then I’ll search through Ron’s archive to see if anyone
> is talking trash about me (nine years later). Glad to see that Steve
> couldn’t resist.
>
> Steve, I don’t know if you remember this but I gave free NASCAR Busch
> Series tickets to you & your boys back in 2002. It’s not uncommon for
> me to do favors for people I consider to be my friends. You were the
> first person I thought of when I had those tickets.
>
> And how did you repay me? You dragged my name through the mud for
> years because I wouldn’t tell you who was anonymously commenting on
> the cup size of your date at my going away party (February 2003).
>
> This was the same going away party where you made an embarrassing
> comment about how I have to shave my neck — in front of about six
> people. It’s a bit of personal grooming I’ve never forgotten since …
> thanks a**hole!
>
> While your comment carried no consequences (I was too polite to punch
> you in the face … and let’s face it, I’m a big guy who could easily
> kick your a**), you were determined to discover the name of the person
> who offended your date & have them fired from their job. That’s taking
> things to an extraordinary level, don’t you think?
>
> Amazing that a person who says the things you do (insulting a person
> at their going away party, no less) would be so thin skinned, Steve.
> Don’t dish it out if you can’t take it.
>
> To sum it up, you’re a complete a**hole and I hope you die in a fiery car crash.
>
> Go to hell,
>
> Jeff Meredith
> ===============================================================
> Jeff Meredith may get a kick out of this snarky remark by Steve
> Lundin, but then again, maybe not. Jeff also went to Indiana and
> majored in journalism.
> +++++++++++++++++++++++++++
> Subject: Re: Mr. Pincus graduated from Indiana University with a
> degree in journalism Date: 1/20/2012 11:54:53 P.M. Central Standard
> Time
> From: slundin@bigfrontier.org
> To: RONALDMAY@aol.com
>
> I guess it could be noted that in his case it paid off!
>
> On January 21, 2012 at 12:27 AM RONALDMAY@aol.com wrote:
>
> Steve Lundin
> Chief Hunter and Gatherer
_______________________________
END OF REPORT

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

_______________________________
TABLE OF CONTENTS

The Scoop section:

– FastRoot/Security Updates to 601 West Polk
– BrightTag Secures $15 Million in New Financing
– Braintree gets nearly $1 million in Chapter 90 funding — hey, is this the Chicago-based firm?
– Groupon? More like ‘grope on’
– Accretive Health blasts Minnesota attorney general’s office, says agency’s report has harmed the Chicago-based hospital billing and collections company
Accretive CEO Mary Tolan said Minnesota official’s report contained ‘tremendous amount of innuendo and falsehoods’
– Accretive Health Inc. (AH, $9.99, +$0.66, +7.06%) said Fairview Health Services terminated its quality and total cost of care services contract amid new allegations from Minnesota Attorney General Lori Swanson. Additionally, Accretive on Monday called for the dismissal of the attorney general’s complaint, saying the allegations are “factually baseless and legally indefensible.”
– Allscripts shareholder demands CEO resignation; Healthcor Management demands CEO Tullman’s resignation
– Techweek’s current staff
______________________________
The Scoop section:

________________________
FastRoot/Security Updates to 601 West Polk
Subject: FastRoot/Security Updates to 601 West Polk
Date: 5/1/2012 10:47:29 A.M. Central Daylight Time
From: RSebren@facilitygateway.com
To: ronaldmay@aol.com

Mr. Ron May,
I wish to clarify the email I sent yesterday offering assistance. Facility Gateway Corporation (FGC) bought the facility that houses one of FastRoot’s data centers in September of 2011. FGC is in the middle of a major redevelopment effort and have currently completed most of the general construction. We are now entering into an extensive security overhaul where all physical security and access control will be centralized under FGC for the entire building. Previously, tenants have had different levels of access and those are now being standardized in accordance with best practices and new audit requirements.
FGC has offered to assist any customers with access while we deploy new security measures as a means to maintain service levels for our tenants as we do not wish to disrupt any business operations for our tenants or their customers. We are operating in close cooperation with all of our current tenants, including FastRoot, on this matter. FastRoot remains an occupant and in full control of their business operations and infrastructure at this location. FastRoot is responsible for servicing all of their contractual obligations with their clients and all FastRoot clients should continue to communicate directly with FastRoot, just as customers of our other tenants should engage those tenants directly as well. IF FGC can assist then we are happy to coordinate access with the appropriate parties, as we did yesterday with FastRoot.
This transition of physical security is a delicate process, but in the end will result in a fantastic new data center property in Chicago with multi-level security protocols that emulate secure government and best-in-class data centers worldwide. We are very excited to be in Chicago and I do apologize for any confusion on the matter.
Very respectfully,
Ronnie Sebren
Ronnie L. Sebren, CBCP
General Manager
(O) | 608-838-6060 ext.133
(C) | 972-816-9148
(F) | 608-838-4969
| ronnie@facilitygateway.com
| www.facilitygateway.com
Driving the Design, Management and Occupancy of Today’s Data Center
______________________________
BrightTag Secures $15 Million in New Financing
www.brighttag.com/2012/04/25/brighttag-secures-15-million-in-new-financing/
BrightTag Secures $15 Million in New Financing
April 25, 2012

BrightTag Secures $15 Million in New Financing

New funding led by Baird Venture Partners to fuel triple-digit growth for the tag management and real-time data distribution provider

CHICAGO – April 25, 2012 – BrightTag, a technology platform provider for the digital marketing industry, announced today it has closed $15 million in new financing. Baird Venture Partners led the round with participation from existing investors New World Ventures, TomorrowVentures, EPIC Ventures, I2A and Silicon Valley Bank.
BrightTag achieved 12x year-over-year growth in 2011 and is on pace to reach triple-digit growth in 2012. The company lists 1-800-Flowers.com, JetBlue Airways, Grainger and Chegg among its many enterprise clients. This latest round of financing will be used to accelerate development of BrightTag’s innovative technology platform and expand the company’s sales efforts in the US and overseas.
Benedict Rocchio, Partner at Baird Venture Partners, will join the BrightTag Board of Directors. He commented, “We are extremely excited to be backing a proven management team that is redefining how websites connect their digital marketing and analytics services.”
“We’ve been impressed with BrightTag’s approach to simplify how third-party tags and pixels are integrated across our global technology platform,” said Roger Liew, CTO of Orbitz Worldwide. “The BrightTag solution enables the global marketing and technology teams at Orbitz to innovate and rapidly manage changes to our marketing programs. We’ve found the BrightTag team to be highly skilled and exceptional partners.”
BrightTag is building a new technical foundation for the next generation of online marketing. The BrightTag ONE™ integration platform helps marketers and web analysts make online data instantly useful in any web or mobile application, while solving fundamental privacy, data quality and site performance challenges.
Mike Sands, CEO of BrightTag, commented, “We have been fortunate to count some of the world’s leading brands as clients. This financing will help BrightTag continue to execute on our vision to eliminate the unnecessary complexity that exists in online marketing today. We look forward to helping brands seamlessly connect to a vibrant digital marketing industry filled with opportunity.”
About BrightTag
BrightTag is building a new technical foundation for the next generation of online marketing. The company helps marketers and web analysts make online data instantly useful in any web or mobile application, while solving fundamental privacy, data quality and site performance challenges. Traditional methods of connecting websites to marketing and analytics services rely on individual tags and pixels that create silos of data. The BrightTag ONE™ integration platform moves beyond tags by directly connecting sites to services in real time, eliminating barriers and speeding innovation. BrightTag’s clients include many of the world’s top brands and hundreds of online marketing and analytics providers continue to integrate their technology with BrightTag ONE.
Headquartered in Chicago, BrightTag is funded by Baird Venture Partners, New World Ventures, TomorrowVentures, EPIC Ventures and I2A Fund. BrightTag was named by VentureWire and an independent board of review at Dow Jones as one of the 50 most innovative technology companies of 2011 and a member of the FASTech50.
__________________________
Braintree gets nearly $1 million in Chapter 90 funding — hey, is this the Chicago-based firm?
www.wickedlocal.com/braintree/news/x403921128/Braintree-gets-nearly-1-million-in-Chapter-90-funding#axzz1tqTvfKwY
Braintree gets nearly $1 million in Chapter 90 funding.

By Robert Aicardi

Wicked Local Braintree

Posted Apr 12, 2012 @ 10:00 AM

Braintree -
Braintree will receive $991,669 in Chapter 90 funding for the maintenance of roads and bridges, state Sen. Brian Joyce and state Rep. Mark Cusack recently announced.

This funding level represents a slight decrease from the $994,811 the town received last year.

Joyce stressed the importance of these state funds, which are 30 percent higher than they were two years ago.

“This both repairs Braintree’s roads and keeps pressure off local property taxpayers,” he stated. “I also appreciate that the funding creates over 3,000 construction projects throughout Massachusetts each year and is important for our continued economic recovery.”

To Cusack, this is important money for Braintree because it’s used to repair neighborhood roads.

“We have made great strides over the past four years to improve the roads in Braintree, and this funding plays a major role in improving the quality of life of every resident,” he stated.

Cusack pointed out that during the past year, Braintree has seen improvements on its state roads, and repairs will continue on these roads in the upcoming year.

“I was happy to help get the Commonwealth to step up and pave portions of Grove Street, Plain Street, Columbian Road and the Rotary,” stated Cusack, who added that he has been given a commitment from the state Department of Transportation that it will be repaving Five Corners and Franklin Street in the upcoming construction season.

Mayor Joseph Sullivan said the nearly $1 million in state funding would assist the town’s efforts on its “100 Roads” program. According to Sullivan, four years into the six-year program, more than 150 roads have been either reconstructed or resurfaced, including 47 in the past year, for a total of nearly 34 miles.

The town is paying for the “100 Roads” program, which does not affect the tax rate, through a combination of borrowing money, funding from the state and the use of water and sewer enterprise accounts. The overall cost of the program, when it is completed, is approximately $30 million.

Read more: Braintree gets nearly $1 million in Chapter 90 funding – Braintree, MA – Braintree Forum www.wickedlocal.com/braintree/news/x403921128/Braintree-gets-nearly-1-million-in-Chapter-90-funding#ixzz1tqU2l734
____________________________
Groupon? More like ‘grope on’
www.wnd.com/2012/05/groupon-adds-hefner-to-sex-promotions/
WND EXCLUSIVE
Groupon? More like ‘grope on’
‘Try to figure out which of the 6 Playboy bunnies in attendance has real fluffy ears’
Published: 1 day ago
by Bob UnruhEmail | Archive
Bob Unruh joined WND in 2006 after spending nearly three decades writing on a wide range of issues for several Upper Midwest newspapers and the Associated Press. Sports, tornadoes, homicidal survivalists, and legislative battles all fell within his bailiwick. His scenic photography has been used commercially, and he sometimes plays in a church worship band.More ↓
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Groupon, which sparked a campaign to boycott its services by promoting a producer of pornography, now has doubled down on the sex industry, offering a trip to the Playboy mansion in which customers can “try to figure out which of the six Playboy bunnies in attendance has real fluffy ears.”

Word on the new promotion from the discount operation comes from Morality in Media, which targeted the company’s “Rock-n-Roll fantasy” offered at the Playboy Mansion.

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Editor’s note: After the publication of this story, the original Groupon link was changed. The Playboy mansion event appears here now.

“As VIPs disembark from their shuttle, they’ll be beckoned by tour guides through the glamorous, stone-clad grounds to take a swim in the legendary grotto,” the Group promotion explains.

Morality in Media says it “continues to urge Groupon to end its support of the sexual exploitation of women and girls, but despite MIM’s national boycott of the company, resulting in more than 10,000 of Groupon’s customers discontinuing the service, the company has not done so.”

“Why is that? Perhaps we have an answer,” the group said.

Morality in Media said it searched Groupon’s online information “to learn the names of the company’s female senior management executives so we could appeal to them,” said Dawn Hawkins, Morality in Media’s executive director.

“Guess what?” she said, “Groupon doesn’t have any!

“Perhaps that explains why the company is so insensitive to the sexual exploitation of women and girls,” she said.

Hawkins said Playboy “has done more to promote female sexual exploitation than any other entity in the world.”

The boycott developed when the War on Illegal Pornography coalition revealed Groupon was offering a $28 tour of the historic Armory in old San Francisco.

The problem, according to the coalition, is that the building now is the home of Kink.com, an Internet porn company.

“Groupon even advertises that groups may get to see a live filming in progress,” according to the anti-porn group.

Groupon, which declined to respond to a WND request for comment, told the War on Illegal Porngraphy “we strive to offer interesting and exciting deals that will appeal to our diverse customer base.”

The response, from “Christy A” in Groupon Customer Service, continued, “We thoroughly vet the businesses we feature, which is why we take these concerns seriously. Fortunately, this business has proven to be a responsible member of their community and the tour offered in this deal is historical and informational in nature.”

Kink.com says it specializes in the live filming of “young sexy teens who are overwhelmed and outnumbered” and of women being “bound, whipped, objectified and humiliated.”

“Is this really corporate responsibility?” Hawkins’ organization asks.

Hawkins’ comments:
______________________________
Accretive Health blasts Minnesota attorney general’s office, says agency’s report has harmed the Chicago-based hospital billing and collections company
Accretive CEO Mary Tolan said Minnesota official’s report contained ‘tremendous amount of innuendo and falsehoods’
www.chicagotribune.com/business/ct-biz-0503-accretive-mary-tolan-20120503,0,3586088.story

Accretive Health blasts Minnesota attorney general’s office, says agency’s report has harmed the Chicago-based hospital billing and collections company
Accretive CEO Mary Tolan said Minnesota official’s report contained ‘tremendous amount of innuendo and falsehoods’
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Accretive Health CEO Mary Tolan in March gave Chicago Mayor Rahm Emanuel a tour of the company’s offices at 231 S. LaSalle St. in Chicago. On Wednesday, Tolan blasted a report released last week by Minnesota Attorney General Lori Swanson’s office, saying Swanson used information out of context and incorrectly painted Accretive as a ruthless debt collector. (Antonio Perez, Chicago Tribune / April 26, 2012)
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By Peter Frost, Chicago Tribune reporter
May 3, 2012
Embattled hospital billing and collections company Accretive Health Inc. said Wednesday that it was blindsided by the critical report released last week by Minnesota’s attorney general, and it vowed to explore “legal remedies for the damages” resulting from the fallout.
In a letter sent to Attorney General Lori Swanson’s office Wednesday, the Chicago-based company accused her of waging a “public campaign of misinformation” that has harmed the company, Minneapolis-based nonprofit hospital operator Fairview Health Services and Minnesota patients.
Accretive Health said in the letter that the attorney general released the report without notice and that the company was in settlement negotiations on a separate lawsuit filed by Minnesota against the company in January.
As part of those settlement negotiations, the company said it voluntarily provided confidential documents and agreed to make executives available for meetings. Accretive also said that it had agreed in February to cease its debt collection activities in Minnesota to address issues Swanson’s office had raised in the past.
But instead of following through on the commitment to “conduct settlement negotiations in good faith,” Swanson released the scathing report and “personally staged a media tour” disparaging the company, Accretive’s letter said.
Swanson’s report, released April 24, accused Accretive Health of using overly aggressive and unsavory tactics to squeeze payments from patients in Fairview’s seven Minnesota hospitals. It alleged that some patients were pressured for payment by Accretive Health employees who didn’t properly identify themselves as debt collectors prior to receiving care.
Accretive said the report contains “numerous distortions of fact” and “significant misinformation” that could have been corrected if the attorney general’s office had met “with a single business representative from the company.”
Mary Tolan, Accretive Health’s chief executive, said in a brief interview Wednesday that Swanson’s report contained “a tremendous amount of innuendo and falsehoods and doesn’t represent what we do at all.”
Tolan said Swanson’s six-volume report on the company used information out of context and incorrectly painted Accretive as a ruthless debt collector.
“When the truth is that you’re really advocating for patients, and someone says you’re something that’s the exact opposite of that,” the market fills with uncertainty resulting in undue damage to the company’s reputation, Tolan said. “These are not true assertions.”
The company said its debt collection operations represent about 5 percent of its revenue. It said most of its efforts inside hospitals focus on enrolling patients in insurance plans and making sure hospitals are reimbursed properly for providing care to patients covered by government and private insurer plans.
Since Swanson’s report was made public last week, shares of Accretive’s stock have fallen 54 percent. Accretive Health shares closed Wednesday at $8.71, down 5 percent.
The Minnesota attorney general’s office said in a statement Wednesday that its report “is accurate and documented by the facts.”
Swanson’s office said it regularly conducts compliance reviews of the state’s largest health care organizations. The Fairview report, it said, was based on the review of more than 100,000 pages of documents and interviews with officers and directors of the hospital system.
“Patients state that they have been victims of aggressive debt collection tactics orchestrated by Accretive in hospital emergency rooms and at patient bedsides,” the attorney general’s statement said, and by releasing its Wednesday letter Accretive “continues to ignore the dignity and rights of those patients.”
The company this week filed a motion to dismiss the federal lawsuit filed by Swanson in January that alleges the company violated patient-privacy and debt collection laws when a laptop containing private data on 23,500 patients was stolen from an employee’s car.
Accretive Friday also lost the remaining portion of its contract with Fairview.
Tolan argued that the market uncertainty brought on by the issues in Minnesota have clouded Accretive Health’s underlying value and strong fundamentals, and she expressed confidence that the company will remain viable.
pfrost@tribune.com
Twitter @peterfrost
Copyright © 2012, Chicago Tribune
__________________________
Accretive Health Inc. (AH, $9.99, +$0.66, +7.06%) said Fairview Health Services terminated its quality and total cost of care services contract amid new allegations from Minnesota Attorney General Lori Swanson. Additionally, Accretive on Monday called for the dismissal of the attorney general’s complaint, saying the allegations are “factually baseless and legally indefensible.”
online.wsj.com/article/BT-CO-20120430-712633.html
Accretive Health Inc. (AH, $9.99, +$0.66, +7.06%) said Fairview Health Services terminated its quality and total cost of care services contract amid new allegations from Minnesota Attorney General Lori Swanson. Additionally, Accretive on Monday called for the dismissal of the attorney general’s complaint, saying the allegations are “factually baseless and legally indefensible.”
Allscripts Healthcare Solutions Inc. (MDRX, $10.67, +$0.37, +3.60%) has elected a new chairman, moving quickly to restore order on its board after the termination last week of its former chairman sparked the resignation of three board members and sent its shares tumbling.
______________________________
Allscripts shareholder demands CEO resignation; Healthcor Management demands CEO Tullman’s resignation

www.reuters.com/article/2012/04/30/allscriptshealthcaresolutions-idUSL4E8FU7AC20120430
UPDATE 3-Allscripts shareholder demands CEO resignation

Mon Apr 30, 2012 2:37pm EDT
* Healthcor Management demands CEO Tullman’s resignation
* Allscripts names Dennis Chookaszian chairman
* Co expands stock repurchase program to $400 mln
* Shares up 7 pct
April 30 (Reuters) – One of Allscripts Healthcare Solutions Inc’s largest shareholders demanded that its chief executive Glen Tullman resign, hours after the company named a new chairman as part of a major management overhaul.
The fund, HealthCor Management LP, which owns about 5 percent of Allscripts’s outstanding shares, cited problems with execution and leadership at the company for what it called the stock’s underperformance compared with its peers.
CEO Tullman, who led Allscripts through its initial public offering, has been with the company for the last 15 years, during which its size has doubled, according to Allscripts’ website.
“We believe the value of this company is significantly higher than the current public valuation,” the private equity fund said in a regulatory filing.
Speaking in the context of other acquisitions in the healthcare IT space, the fund said Allscripts’ shares are “being valued well below any reasonable acquisition price” at its Friday close of $10.30.
Earlier in the day, Allscripts appointed Dennis Chookaszian as chairman, replacing Phil Pead, whose contract was terminated last week prompting three other directors to resign.
The management shakeup, announced along with a weak full-year profit forecast on Thursday, also included the resignation of chief financial officer Bill Davis.
Citi Investment Research & Analysis, among other brokerages, downgraded the stock, suspecting a power struggle.
The spate of bad news also triggered a wide selloff, sending the stock down 36 percent on Friday on the Nasdaq. The shares were up 7 percent at $10.97 on Monday.
Chairman Chookaszian, who has been a board member since September 2010, also serves as a director on the boards of for-profit education company Career Development Corporations and real-estate information provider LoopNet.
Allscripts’ poor profit forecast followed weaker-than-expected quarterly results, as the healthcare IT service provider sees high software development costs and fewer bookings.
The Chicago-based company also doubled its share repurchase program to $400 million.
_______________________________
Techweek’s current staff
•Arabella Santiago, Executive Director
•Crystal Ye, Director of Operations
•Chad Johnson, Creative Director
•Sean Lyons, V.P. of Sales
•Jessica Connors, Director of Business Development
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•Rachel Taylor, Social Media Director
_________________________________
END OF REPORT

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
_______________________________
TABLE OF CONTENTS
The Scoop section:
– Acquity Group closed under water in its 2nd day of trading — and they only raised $30MM in the IPO which is not much more than SingleHop raised in its venture round
– If it looks like a duck and walks like a duck… it would appear that Fastroot is dead
– MITEF – White Board Challenge – $5000 in Cash Prizes, and Friday, May 4th is the last day to apply
– Jess Loren: Friday, May 11: Networking Event
______________________________
The Scoop section:
________________________
Acquity Group closed under water in its 2nd day of trading — and they only raised $30MM in the IPO which is not much more than SingleHop raised in its venture round
Dalton talking to Forbes:
www.forbes.com/sites/tomtaulli/2012/04/27/interview-acquity-group-ceo-christopher-dalton/
From china:
usa.chinadaily.com.cn/us/2012-04/30/content_15177546.htm
Acquity Group Limited (AQ)
-NYSE Amex
5.77 0.02(0.35%) 4:00PM EDT
Add to Portfolio
Prev Close: 5.75
Open: 5.75
Bid: 5.61 x 100
Ask: 10.00 x 100
1y Target Est: N/A
Beta: N/A
Next Earnings Date: N/A
Day’s Range: 5.70 – 5.85
52wk Range: 5.67 – 6.25
Volume: 120,396
Avg Vol (3m): 2,986,800
Market Cap: 216.24M
P/E (ttm): 25.09
EPS (ttm): 0.23
Div & Yield: N/A (N/A)
_________________________________
If it looks like a duck and walks like a duck… it would appear that Fastroot is dead
Subject: FastRoot/Terry Howerton
Date: 4/30/2012 5:13:22 P.M. Central Daylight Time
From: RSebren@facilitygateway.com
To: ronaldmay@aol.com

Mr. Ron May,
I read the article in the May Report regarding Terry Howerton and I am the one responsible for changing the locks on the space he occupies at 601 W. Polk. I am with Facility Gateway and we are the company working on behalf of the new ownership to operate the entire facility and develop the remaining raw space as data center collocation space.
I would be happy to assist the FastRoot customer who contributed to your story anonymously, (or any others deserving assistance), as I do not wish to impact any business operations for FastRoot clients who have fulfilled their contractual obligations for service. We are new to Chicago and certainly want to address this delicate issue in the best interest of those deserving. Please contact me if I can be of assistance.
Very respectfully,
Ronnie Sebren
Ronnie L. Sebren, CBCP
General Manager
(O) | 608-838-6060 ext.133
(C) | 972-816-9148
(F) | 608-838-4969
| ronnie@facilitygateway.com
| www.facilitygateway.com
Driving the Design, Management and Occupancy of Today’s Data Center
__________________________________
MITEF – White Board Challenge – $5000 in Cash Prizes, and Friday, May 4th is the last day to apply
MITEF – White Board Challenge – $5000 in Cash Prizes
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Apply Now to the White Board Challenge 2012
The MIT Enterprise Forum is a global voice for entrepreneurship. The MIT Enterprise Forum collaborates with hundreds of corporate and educational organizations, connecting technology entrepreneurs with resources which makes the commercialization of technology faster and easier.

To this end, the MIT Enterprise Forum is holding its annual White Board Challenge – a must for those entrepreneurs with a product concept that needs some recognition (and funding.)
Your Idea. Five Minutes. $5,000 in Cash Prizes.
If you have a brilliant idea that is missing much-needed public recognition, plan to join us at the MITEF Chicago 2012 Whiteboard Challenge on Thursday May 24th 2011. Each finalist will have five minutes, a whiteboard, a captive audience, and a chance to win $5,000 in cash prizes. This event is the highlight of the MIT Enterprise Forum Chicago Chapter spring event season so don’t miss your opportunity to be in the spotlight!
Everyone is eligible to submit their own innovative concept for consideration, and presenting finalists will be selected by a distinguished panel of judges.
Presenter applications are NOW OPEN!
To submit an entry click here to open entrant submission window.
www.surveymonkey.com/s/Whiteboard_Challenge
2012 White Board Challenge Entry Guidelines
Due to the larger number of submission we have received in previous years we are limiting entries to 100. Entries will be accepted until 5:00 pm CST, Friday May 4, 2012 or to the first 100 submissions, whichever comes first. PLEASE REGISTER EARLY, so that you are not left out.
If selected as a finalist, submitters must be available to present on Thursday May 24, 2012 from 4:30 pm to 8:30 pm. All entries will be reviewed by a panel of judges who will determine the number of finalists. Finalists will be notified on or about Monday May 14th, 2012.
Applicants will be asked to submit their ideas online. Each submission must include a one-paragraph description of the idea (maximum 400 words.)
Judges will evaluate each idea based on the following criteria:
Does the idea clearly identify a problem or challenge?
Is a solution clearly identified?
Is the idea unique?
Is the idea realistic?
Does the idea have audience appeal?
Each year the number of entries increase and the job of our judges get harder. Reading and reviewing the initial entries takes countless hours so make sure your entry counts. Entries that do not follow the guidelines and rules outlined below will be disqualified.

Entrants are encouraged to carefully consider their submission making them as clear and understandable as possible to increase their chances for selection. Please be mindful of the length of your submission (400 words or less.)

Finalists will have five minutes to present their idea using only a white board and colored markers on the evening of May 24, 2012. Cash awards will be presented to the top three finalists as judged by a panel of entrepreneurs and innovators and the program audience. Additional details will be available to finalist at the conclusion of preliminary judging.
2012 White Board Challenge Rules
All entries must conform to the following Whiteboard Challenge Rules:
All entries must be completed by 5:00pm Central time on Friday, May 4, 2012. There is no charge to submit an entry and you may submit multiple entries. Each unique idea requires a separate entry form. One idea per entry please.
Assume any statements, claims, and any and all information made as part of this entry are public domain.
A panel of judges will screen all entries and select up to 15 for final presentation. You should assume that the judges have no background in the technology area or subject matter of your idea.
The judges’ selection is final and the judges reserve the right to determine the final number of presenters.
Only final presenters at the 2012 Whiteboard Challenge are eligible to win the cash awards at the event.
Selected entrants will be notified on or about Monday, May 14, 2012 at the email address and/or telephone number provided on the entry form. If contact information is incomplete or incorrect, you may lose the opportunity to present.
The judges assume all information provided on the entry form is true and correct.
Confidential Information, Proprietary Content, and protected Intellectual Property that is not your own will not be accepted. DO NOT attempt to present ideas that are the confidential or proprietary property of another person or entity. By submitting an entry you are acknowledging that the information is not infringing on the protected rights of any person or entity.
If you are selected to present at the 2012 Whiteboard Challenge you will need to register as presenters. Presenters may take advantage of presentation coaching the week of May 14th. Presentation rules and guidelines will be provided to all selected presenters.
Each finalist will present on the evening of the event Thursday May 24, 2012. The Whiteboard Challenge program runs from 5:00pm to 8:00pm CST (finalists must be available from 4:30pm to 8:30pm on the date of presentation). All applicants must be available to present on this date. Only finalists are required to be present.
_________________________________
Jess Loren: Friday, May 11: Networking Event
Subject: Networking Event May 11th, 6:00pm
Date: 4/30/2012 6:27:05 P.M. Central Daylight Time
From: jloren@kambiogroup.com
To: ron@themayreport.com, ronaldmay@aol.com

Hi Ron-
I hope all is well. I wanted to let your readers know we are hosting a women focused networking event here at our office May 11th starting at 6:00. The event is free and we look forward hosting a wonderful night. Here is more info as well as the link to sign up.

“Looking for fellow peers that can talk about business and fashion? Look no further than Kambio Group’s Women’s Networking Event! This jewelry-themed get-together is a great way to connect with other professionals and engross yourself in local Chicago culture and industry. Meet Jess Loren and Ed Swiderski, co-founders of Kambio Group and the authors of Pinterest for Business: How to Pin Your Company to the Top of the Hottest Social Media Network, and win jewelry and prizes courtesy of designer Lia Sophia. You may also remember Ed as winner of The Bacherlorette Season 5. Don’t miss this fantastic opportunity to network with like-minded ladies and look good doing it.”

kambio.eventbrite.com/
Thanks,
Jess
–
Jess Loren
Kambio Group | Cloud. Social. Web.
@chitownJess
312-480-1085
700 N. Carpenter | Suite 102 | Chicago | IL | 60642
______________________________
END OF REPORT

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
_______________________________
TABLE OF CONTENTS

The Scoop section:

– Dan Ehrmann of ClubExpress, www.clubexpress.com, vastly improves on what Ron wrote
– Chaz A. Jordan Introduction – Jared Bobo

[Correction: May here. In the last report, I left off the .com on www.cleanwaterforever.com ]
______________________________
The Scoop section:
_____________________
Dan Ehrmann of ClubExpress, www.clubexpress.com, vastly improves on what Ron wrote

Subject: Re: Please correct for accuracy.
Date: 4/30/2012 2:32:24 P.M. Central Daylight Time
From: dan@clubexpress.com
Reply To:
To: RONALDMAY@aol.com

Ron, thank you for allowing me to review this beforehand for accuracy. Here are some suggested edits/corrections.
Regards,
Dan
______________________________
Dan Ehrmann
ClubExpress
More Passion. Less Paperwork.
(847) 255-0210
(847) 255-0273 (fax)
www.clubexpress.com
————————————————
I’ve been sitting on this for months now, since round about February 15th.
Dan Ehrmann runs a small “Software-as-a-Service” business that is not especially sexy but it’s profitable and growing organically.
It may not appeal to VCs who are looking for a 10x return in 3-5 years, but reality is that Dan’s business is typical of many in Chicago.
www.clubexpress.com/

I’ve known Dan Ehrmann since the mid-1980s.
Way back then, I was a headhunter in the IT world and I used to go to various user group meetings (Ingres, Oracle, Pick, Paradox, SQL, etc.)
Dan Ehrmann ran a Paradox user meeting which met in various places but for a while at PriceWaterhouseCoopers in the Standard Oil (now Aon) building.
Dan parlayed his database knowledge into a software development firm called Kallista that he ran for 11 years.
In 1998, he sold that firm to USWeb as one of 45 acquisitions they made.
Dan became a managing partner for USWeb prior to the merger with Whittman-Hart.
news.cnet.com/USWebCKS-to-merge-with-Whittman-Hart/2100-1040_3-234307.html
After that, he did a variety of things, including a stint as COO for Zipple, a couple of other startups including a training firm, and a few months with Risetime. He also taught classes at DePaul. ClubExpress is Dan’s fourth startup; he started it in 2003 and they launched in March, 2004.

ClubExpress provides a platform to help clubs and associations run their complete front-office and back-office. They focus on smaller clubs that are generally run by volunteers or a part-time paid person. In the U. S. alone, there are a half million clubs and associations with fewer than 5,000 members. ClubExpress has found a niche in more than a dozen markets, including hobby and enthusiast clubs (such as car clubs), leisure and active sports clubs (more than 40 cycling groups and more than 60 sailing clubs), alumni clubs, community service clubs such as Rotary, professional and trade associations (ITDA used ClubExpress for a while, contracted by my old friend, Rachel Rusch), social clubs, mothers playgroups, fraternities, chambers of commerce, homeowner and condo associations, religious groups.

Much of their business is through referrals and word-of-mouth but they also do pay-per-click advertising and have an inside sales team.
Since February, he’s hired two more people.
Competitors include two Canadian firms – WildApricot and ClubRunner (they focus on Rotary clubs).

He comes across as someone who is very conservative in his personal habits and proclivities. But as is often the case with such people, Dan owns a Morgan sports car and has driven it at over 120 mph. The Windy City Morgan Owners Club was ClubExpress’s first customer.
The reason I happened to be talking to Dan is that one of my elves told me that there was a problem with ClubExpress. Dan explained that it was no big deal since they were doing a new release of the software and there had been a glitch which resulted in some people getting unintended emails. The problem was quickly fixed and there were no security breaches.

Dan doesn’t go to many of the networking meetings around town, but he is active in the Big Idea Forum.
______________________________
Chaz A. Jordan Introduction – Jared Bobo

Chaz A. Jordan Introduction – Jared Bobo
ronaldmay@aol.com
x

Chaz A. Jordan jordan.chaz@gmail.com
11:48 AM (3 hours ago)
to ronaldmay
from: Chaz A. Jordan jordan.chaz@gmail.com
to: ronaldmay@aol.com
date: Mon, Apr 30, 2012 at 11:48 AM
subject: Chaz A. Jordan Introduction – Jared Bobo
signed-by: gmail.com

Good morning Ron :
I was referred to you by Jared Bobo and he wanted me to get in touch with you in hopes of expanding the reach of my recent career search. I am an African American male and will be graduating from the University of Illinois at Chicago this week with my bachelors in Information & Decision Science focusing on Management and IT . As mentioned before, I have been searching for a position of interested and would like to know if you have any suggestions or know of a firm looking to bring on recent graduates? I have also attached my resume for further reference.

Hope this message reaches you in good health.
Thank You Again

Chaz A. Jordan
linkedin : www.linkedin.com/pub/chaz-jordan/25/a17/a76
e : jordan.chaz@gmail.com
4/30/2012 1:23 PM
vimeo.com/35136307
__________________________________
END OF REPORT

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

_______________________________
TABLE OF CONTENTS

The Scoop section:

– More trouble in Terry Howerton land
– Briefly noted, by Ron May
– Wednesday, May 23: Chicago Innovation Awards – Kick-Off Reception
– Meagan Lopez: Startup America Partnership, FreeUX and more! and there is some deadline today
– Tuesday, May 1: BNC VC Group:
NoBoss is a unique web data base of small investment income opportunities, with an array of integrated services, to help the huge universe of unemployed Americans become independent earners through self-employment; Are You a Human
areyouahuman.com/ creates simple, intuitive games that websites use to verify that their visitors are real people. These games, called PlayThrus, replace obnoxious text based CAPTCHA verification methods that infuriate users and decrease submission rates. PlayThru is the fun, easy, more effective way to stop spam without driving users crazy; Heat Wrangler (TM)
______________________________
***************************************
The May Report is crowdsourcing questions for Iain Shovlin, a key investor behind Techweek who is mysterious and eccentric, and Arabella, the director of Techweek.
I have a meeting with them at the behest of Arabella at 5pm today, Monday, April 30th in their offices at 222 W. Hubbard Street..
I have my own questions for Iain, including how he makes his money from suing people, and the like.
But if you have a question about Techweek (or for Iain), send it to me at ronaldmay@aol.com and I’ll ask the question for you. Your name will be kept anonymous.
Better do it soon since I want to leave here by 3:30pm Monday to be there on time.
****************************************
_______________________________
The Scoop section:
______________________
More trouble in Terry Howerton land
Subject: FastRoot – Terry Howerton
Date: 4/30/2012 11:56:22 A.M. Central Daylight Time
From: Name withheld upon request
To: ronaldmay@aol.com

Ron,
Hopefully this will add some more interesting notes about Terry Howerton.
They are changing the locks at the FastRoot Data Center facility (600 W. Polk Ave Chicago) where Terry Howerton is the CEO.
We are currently in transition to move out equipment out of there in the next month and arrived this morning to fix an issue with one of our servers and found the construction workers there changing the locks. No one is answering the phones and the emergency contact line has been disconnected.
We did get to our equipment to make the necessary changes and the facility seems to be operational…at least for now.
Please note, I am using my personal email and prefer to remain anonymous until I can be rest assured that we will be able to get our equipment out of that facility…
Thanks
[Name withheld upon request]
_______________________________
Briefly noted, by Ron May
* Think of this as “I forgot to mention…” or just continuing with 100 things to tell you mother, which would continue with #16:
– I’ve been getting a number of calls and emails about the Dalton gang at Acquity Group.
In general, the senders don’t want the emails published, even if they are kept anonymous.
My info. is that Chris Dalton is on a witch hunt.
Here are two short YouTube videos showing Dalton with palm trees in the background.
www.youtube.com/watch?v=jM01f32BNOE&feature=endscreen&NR=1
www.youtube.com/watch?v=syMXg-X5T5c
Additional info. on Acquity Group.
www.bloomberg.com/news/2012-04-27/second-ipo-below-target-as-economy-slows-china-overnight.html
www.streetinsider.com/IPOs/Acquity+Group+(AQ)+IPO+Trades+Flat/7379706.html
www.investorplace.com/ipo-playbook/acquity-group-backs-into-its-public-offering-aq/?cc=msnfeed
I have a lot of material, but here is just one thing I’ve heard, along with the very low office morale.
Employees were told that the founders “put it all on the line” 11 years ago and took all the personal risk to start the company — and this is THEIR time. The Dalton gang’s attitude is that the consultants didn’t do anything and don’t have any right to profit on their hard work. The people we see in the picture at the NYSE are even richer, some of the sales guys also got a piece of it, no one else even knew it was happening.
– David Bird, (319-321-5393) is tied to the Midwest Renaissance Fund which, as of a week ago, finally has a PPM which was prepared by lawyers at Polsinelli Shughart. Bird told me Thursday at the CCEA that he actually collected a check (sort of, he has an email commitment to send the check) from an investor in Iowa, although he would not disclose the amount of the check.
– So, after two years of hearing Len Bland say that he has a fund, he can now say it without lying — sort of. Even with a legitimate PPM, they still have not raised a fund.
But now, Len can honestly say they’re trying to raise a fund, but not that they have a fund.
And now, even David Bird’s card says “Midwest Renaissance Fund” and the HQ of the fund is listed as 161 N. Clark, Suite 4200, Chicago, IL 60601.
That, for those of you who don’t know, is the address of the offices of Polsinelli Shughart, www.polsinelli.com/
I’ll be monitoring this situation closely.
– If Len is successful in raising a fund, it will be more than Matt McCall, Ellen Carnahan, and her partner in the fund that never happened, and Tom Churchwell were able to do.
– I still wonder whether Len Bland, as COO of www.cleanwaterforever.com, has conflicts of interest here and whether the investors in the Midwest Renaissance Fund will be pushed into coughing up some of the $2MM that Len is seeking, especially considering that the highly qualified ten judge panel at the CCEA competition decided not to recommend Len’s firm for moviong to the next stage.
Various people have asked me how Len is different from Flip who personally invested in firms that divine interVentures then later funded — or even going back further to Platinum technology’s fund.
Other than the small detail that Flip en.wikipedia.org/wiki/Andrew_Filipowski
had pocketed about $300MM on the sale of Platinum technology to CA for $3.5B in 1999, and that he put his own money into companies like Perceptual Robotics and BeautyJungle, and that he had the money to hire professional fund managers, I will have to ask people who are wiser than I am what the differences are.
– This weekend, actually Friday the 27th and Saturday the 28th, a marketing hackathon was held at the offices of the ITA, and one of the speakers was publicity shy Howard Tullman.
Here’s an example of just how publicity shy Howard is.
tullman.blogspot.com/2012/04/tribeca-flashpoint-academy-ceo-howard.html
++++++++++++++++
Tuesday, April 03, 2012

TRIBECA FLASHPOINT ACADEMY CEO HOWARD A. TULLMAN SPEAKING AT MARKETING HACKATHON IN CHICAGO
++++++++++++++++++++++++++++++++
– Also this weekend, there is a marquis event at the Westin Hotel called the 2012 Transformational Leadership Symposium and Dinner.
They are honoring Nobel Peace Prize winner Dr. Muhammad Yunus. He’s the economist who pioneered programs (banks) which provide micro loans. He used Bangladesh to launch his programs which have now been extended to many other countries and areas of activity.
There is a star studded list of speakers.
The whole shebang will set one back $1,250, but they have it split up so that one can attend the symposium only for as “little” as $350.
I’m always amused by the fact that symposia with a focus on humanitarian causes, on helping poor countries, tend to cost the most to attend.
tinyurl.com/cc6ywy6
Some of the speakers/panelists included Roger Myerson, Nobel economist, (Myerson is now at the University of Chicago and has been since 2001, but the work that won his Nobel in 2007 was done at Northwestern’s Kellogg), Marc J. Lane, author of Social Enterprise: Empowering Mission-Driven Entrepreneurs; Dr. Richard Boyatzis, Jim Liautaud, Dr. Robert Wright, Dr. Judith Wright, with closing remarks by Brad Anderson, former CEO of Best Buy.
If I can discern a general theme, it is the power of emotional intelligence as a social and economic tool to drive transformation.
Jim Liataud, a clinical professor at UIC, for example, applies ISO processes to EI for (PdEI) (Process directed Emotional Intelligence).
What got me going on this event which I did not even know about was a long conversation with David Carman Friday afternoon.
David did pay the big bucks to go last year (I think) and one name that came up was the 1996 book Spiral Dynamics by Don Beck and Chris Cowan which is based on the theories of psychology professor Clare W. Graves. en.wikipedia.org/wiki/Clare_W._Graves
Graves’ work came from his being “unable to answer the frequently asked question as to who from among the many competing psychology theorists was ultimately ‘right’ or ‘correct’ with their model since there were elements of truth and error in all of them.”
As a result, graves developed “The Emergent Cyclical Levels of Existence Theory” (ECLET).
Graves’ work was then picked up by management theorists Don Beck and Chris Cowan.
en.wikipedia.org/wiki/Spiral_Dynamics
++++++++++++++++++++
Spiral Dynamics argues that human nature is not fixed: humans are able, when forced by life conditions, to adapt to their environment by constructing new, more complex, conceptual models of the world that allow them to handle the new problems.[1] Each new model transcends and includes all previous models. According to Beck and Cowan, these conceptual models are organized around so-called vMemes: systems of core values or collective intelligences, applicable to both individuals and entire cultures.

In spiral dynamics, the term vMeme refers to a core value system, acting as an organizing principle, which expresses itself through memes (self-propagating ideas, habits, or cultural practices). The prepended and superscripted letter v indicates these are not basic memes but value systems which include them. The colors act as reminders for the Life Conditions and Mind Capacities of each system and alternate between cool and warm colors as a part of the model.[2]

Within the model, individuals and cultures do not fall clearly in any single category (color). Each person/culture embodies a mixture of the value patterns, with varying degrees of intensity in each. Spiral Dynamics claims not to be a linear or hierarchical model, although this assertion has been contested.[citation needed] According to Spiral Dynamics, there are infinite stages of progress and regression over time dependent upon the life circumstances of the person/culture, which are constantly in flux. Attaining higher stages of development is not synonymous with attaining a ‘better’ or ‘more correct’ values system. All stages co-exist in both healthy and unhealthy states, whereby any stage of development can lead to undesirable outcomes with respect to the health of the human and social environment (see Shadow & Spin-off or Sub-Personalities).
++++++++++++++++++++++++++++++
The practical advice side of this, Carman told me was that one has to categorize adversaries by level, and some adversaries may never find a solution: i.e. the Arabs and Israelis.
Another person and book Carman mentioned was Hedgehogging by Barton Biggs.
www.amazon.com/Hedgehogging-Barton-Biggs/dp/047006773X
Carman also mentioned senator
Dick Durbin, and I gathered that he might have been at this year’s symposium.
– Thank goodness that David Carman has a strong dufus, schlemiel www.thefreedictionary.com/schlemiel
gene since had he not fouled up the running of the CCEA start-up competition in terms of time management, failure of communication with the attendees and presenters (as an attendee I hung around close to an hour extra to find out the judges’ decisions,) but then there was no announcement, and by that time, it was so late that the VentureSHOT event was over and it was too late to go. As a result of my not knowing what the judges decided, I ended up calling about 20 people from the event — judges, presenters, and attendees — and learned a great deal, plus I established better relationships with those I called.
So, I’m grateful that David Carman and Len Bland both have wandering in the weeds in common.
Len’s company, www.cleanwaterforever.com was not selected by the judges to move to the next stage and I’ve been trying to figure out why.
My best guess, not having asked any of the judges directly, is that Len’s firm has a weak and under qualified management team, and it is basically a VAR.
All they’re doing is licensing technology developed to bring oxygen to heart attack patients, and using that machine to bring oxygen to sludge.
Here’s a video of Len’s presentation on March 6, 2012 to the BNC VC Group.
www.facebook.com/photo.php?v=3559430908264
I don’t think they’ve paid yet for the licensing/marketing rights.
– I’ve been sitting on this for months now, since round about February 15th.
Dan Ehrmann runs a small business that is chugging along and is growing organically.
When we spoke in February, they had six people…..
I sent Dan a copy of what I wrote so that he could check for accuracy, but he’ll have to get back to me this afternoon, and I may already be leaving for my meeting with Iain Shovlin.
Dan is active in The Big Idea Forum and he’s the guy who told me about the Founder institute run by Jason Jacobsohn which I wrote about recently in the Briefly noted section.
tinyurl.com/756ruha
There are many firms like Club Express in Chicago.
They have a niche market and grow at a slow steady pace.
Even firms that have received venture or angel money are in similar circumstances, and some of them got a lot of money. What’s the exit for Threadless, or Sittercity?
A few that come to my mind are www.viewpoints.com/, www.ifbyphone.com, www.authentify.com, Ted Greene’s firm, and of course the firm that serves as a poster child for “dead man walking,” Bart Carlson’s www.napersoft.com.
Don’t misunderstand. These are all actual businesses. They are just not likely to have an Instagram exit, and the investors may have to wait a long time to get their money back.
A good example of that was SurePayroll which after about ten years was sold for $115MM to PayChex.
With all the start-up mania, we don’t do enough deep sea drilling. Our treatment of start-ups is entirely too superficial focused primarily on funding and then acquisition.
There are big holes in the media coverage. There is too much stress on who gets funding, how much and who’s been acquired. These are important things to report, of course, but we often miss the larger picture.
In observing what happens with startups, we need to drill down deep.
Not just who started the firm, and what they do, but what kind of traction they’re getting, who their customers are, what their value proposition is, how it’s being actualized, what established firms in Chicago they’re connecting to, what their competitive strengths and weaknesses are, barriers to entry, are they casting too wide of a net, etc.?
Various people from Eric Antonow with Fresh Water Ventures to Kathryn Born have tried to catalogue start-ups and keep track of them, but no one has done it over the long haul successfully.
We need a good dynamic database which is really kept up to date.
Dan told me he runs an honest business, pays his bills and never gives anyone a reason to complain, which is why he’s glad he has not graced the pages of TMR.
– Another below the radar entrepreneur with little press coverage is Venkata Majeti (630-842-0750 and venkata_majeti@yahoo.com), a founding member of TiE-Midwest.
He called me out of the blue back in February.
We had an interesting conversation, and let me take some time to write that up, so that I can be sure to insert the knife into Adarsh Arora’s chest and not his back.
– In my section on Dan Ehrmann, I had a digression on the ITDA.
So, rather than interrupt the Ehrmann discussion, here’s what I wrote.
Some of Club Express’ customers have a paid staff like the ITDA which used ClubExpress and was contracted by my old friend Rachel Rusch.
Looking back on the whole ITDA fiasco, Rachel performed a real community service by ratting the ITDA out to me, and she would be protected under the whistle blower laws, and with the nonsense at the GSA, Rachel was doing what their whistle blowers were doing on a smaller scale.
Fred Hoch told me at our meeting on December 29th that the deal was not a good one for the ITA since they ended up with far less money (less than $300K)than they were promised ($500K or more) by Scott Glickson and Dick Reck, I might add.
Second, I had my own dealings for more than a month with the Inspector General’s Office at the ONR (Office of Naval Research) back then, and the recent GSA scandals reinforce in my mind just how feckless IG offices can be.
If there were $100K to $200K in expense account fraud (which I believe there could well have been) at the ITDA, it was viewed by the ONR IG’s office as too small to justify a forensic audit.
– When I was looking for the interview that Matt Moog did with David Carman at BNC Startup, I found this: vimeo.com/35136307
It’s ten minutes, but it does show that Matt is probably a much better father than he is a businessman.
His son, now 13, Max Kraft Moog, had his Bar Mitzvah earlier this year and Matt did a good job on the montage of his life.
Here’s Part I of the Carman/Moog interview.
vimeo.com/40915048
Here’s Part II of the Carman interview with Matt Moog.
vimeo.com/40915047
– I have so much to cover from my tour of 1871 a month ago (March 30th), to the ACG tech panel, to MoMo on NFC, to Efoora, to more on Tech Cocktail, and the CCEA competition.
While I have it in mind, let me mention this. Intelligentsia is on the 12th floor at 1871.
At the ACG, Kevin Willer talked to me about why they’re considering walling off Intelligentsia so that it can be used by only the people on the floor.
Believe it or not, the reason may not be to keep me from hanging out there.
The reason, Kevin indicated, is that there could be problems and objections coming from other coffee shops and eateries in the Mart, especially on the 2nd floor.
If intelligentsia is perceived as having sip\honed off business from competitors by skirting around the rules for getting a store, that could spell trouble.
You know what, I don’t think Kevin is feeding me a line of bs on this one.
________________________________
Wednesday, May 23: Chicago Innovation Awards – Kick-Off Reception

Subject: Chicago Innovation Awards – Kick-Off Reception – Event Details – 1871.com
Date: 4/26/2012 11:48:31 P.M. Central Daylight Time
From: tatvshow@yahoo.com
To: ron@themayreport.com
CC: RONALDMAY@aol.com
Bruce Eric Montgomery
Founder, Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.TechAccessTV.com
www.twitter.com/TechAccessTV
www.facebook.com/TechAccessTV
www.YouTube.com/TechAccessTV

Chicago Innovation Awards – Kick-Off Reception – Event Details – 1871.com
To celebrate the start of the 11th annual Chicago Innovation Awards season, we cordially invite you and a guest to attend the Chicago Innovation Awards Kick-Off Cocktail Reception. Hosted at 1871, Chicago’s newest hub of innovation and entrepreneurship, this VIP gathering will be an insider’s look at all the exciting new events and activities that the Chicago Innovation Awards have planned this year to celebrate, educate and create action in our region’s innovation community. The Kick-Off Cocktail Reception will be held:
Wednesday, May 23rd
5:30pm – 7:30pm
1871.com
222 W. Merchandise Mart Plaza
12th floor
Chicago, IL
Join us and mingle with innovation leaders from every industry, large corporations and entrepreneurial start-ups, venture capitalists and angel investors, government and non-profit, as well as this year’s Chicago Innovation Awards sponsors, board members, judges, past winners and special friends.
Your ticket to attend is complimentary and generously provided by our sponsors who invest with us in the future of Chicago innovation. Drinks and appetizers are included as well.
All Chicago Innovation Awards events sell out very quickly, so please RSVP as soon as possible if you plan to attend. See photo below from last year.
Once you register, you can see who else is going to the Chicago Innovation Awards Kick Off event and connect with your fellow innovators by signing up for Shortlist (details will be included at the bottom of your event confirmation email.)
We look forward to seeing you at the Kick-Off Cocktail Reception!

Bruce Eric Montgomery
Founder, Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.TechAccessTV.com
www.twitter.com/TechAccessTV
www.facebook.com/TechAccessTV
www.YouTube.com/TechAccessTV
____________________________________
Meagan Lopez: Startup America Partnership, FreeUX and more! and there is some deadline today

Fwd: Startup America Partnership, FreeUX and more!
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Meagan Lopez meagan@socialkaty.com
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Would love it if you could promote AKTA’s free UX for startups! Only 5 days left!
Meagan Lopez | VP of Accounts/Co-founder
C 443-540-5562 | meagan@socialkaty.com
www.socialkaty.com | @meaganadele

“ “Don’t wait until everything is just right. It will never be perfect. There will always be challenges, obstacles and less than perfect conditions. So what. Get started now. With each step you take, you will grow stronger and stronger, more and more skilled, more and more self-confident and more and more successful.” – Mark Victor Hansen ”
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From: AKTA <pascale@weareakta.com>
Date: Thu, Apr 26, 2012 at 11:37 AM
Subject: Startup America Partnership, FreeUX and more!
To: meagan@socialkaty.com

What’s new in the world of AKTA and how does it affect your startup? Find out.
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Happy Thursday!
Startup America Partnership announced!
We’re excited to announce that we’ve been chosen alongside companies such as intuit, LinkedIn and FedEx to be a Startup America Partnership partner. As a UX / UI partner, we will be providing Startup America members with two deals: mentoring for companies in the startup category, and discounted rates for rampups and speedups. To learn more about the partnership, take a look at the press release! Also, check out the other amazing partners we will be working with to continue helping the growing startup communities that are abuzz in the United States. Find out how this organization can help your startup here.

It’s the final countdown: 5 days left to nominate your startup for #FreeUX!!
#FreeUX isn’t going to be around forever, so don’t miss out! If you have an existing product that could use some UX / UI love, nominate — it takes two minutes and you could be the lucky winner! Seventy teams have already joined and are ready to start voting once nominations close April 30th. Check out how it works on our blog, and read more in this wonderful article from our friends at tech.li. Stay tuned to hear the winner announced at this year’s Techweek conference in June. Good luck

Digital Hope continues on its missions…
AKTA Founder John Roa, Digital Hope co-founder Ruairi Hyland and SocialCrunch co-Founder, Jock McEwan are packing their bags to continue the Digital Hope journey in Colombia this week. They will be spending time at three organizations that focus on bettering the lives of children near the town of Santa Marta. Digital Hope is a 501c3 organization that uses the power of social media to crowdfund high-impact, short-term projects for international NGOs. Learn more at digitalhope.org!

AKTA welcomes SocialCrunch to its office!
What have you always wanted to know about your friends but couldn’t ask? Do your Republican friends earn more money than your Democratic friends? Do your female friends have more sexual partners than your male friends? Well, SocialCrunch is going to help you unlock these secrets. This completely anonymous game will give you those answers all while building a behavior graph of people on the Internet. The SocialCrunch team will be residing in the AKTA offices, so feel free to come and learn more! You can also sign up for their beta, here.

Welcome Sean to the Chicago tech scene as a kick-ass designer!
Sean (@seanziolko) joined our interface design team this week! With his eyes on the pixels, he’s powered by AMP and a fun team. Designing apps for the better part of a decade, his expertise will be a great addition to ours! We’re excited to welcome him to the AKTA family.
WE ARE HIRING! Plus, thank you to our amazing clients.
We’re excited to announce that SpotOn – a customer loyalty program for small business – has joined the awesome roster of AKTA clients. Their recent website launch is just the beginning; we’ll continue to ideate and innovate their magnitude of products to help them in their endeavors to grow SpotOn as a business. If you know any merchants from small businesses who would be willing to be our use case – there are MANY benefits – , please let us know!! Learn more about SpotOn here with a note from their founders.
We are HIRING!! Please let us know if you know anyone who is looking to continue their careers in the following areas: Administrative Assistant, User Interface Designer, and User Experience Designer. We hire brilliant minds who want to be part of a fast-growing startup.
Thanks again to some of our amazing clients!
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Tuesday, May 1: BNC VC Group: NoBoss is a unique web data base of small investment income opportunities, with an array of integrated services, to help the huge universe of unemployed Americans become independent earners through self-employment; Are You a Human
areyouahuman.com/ creates simple, intuitive games that websites use to verify that their visitors are real people. These games, called PlayThrus, replace obnoxious text based CAPTCHA verification methods that infuriate users and decrease submission rates. PlayThru is the fun, easy, more effective way to stop spam without driving users crazy; Heat Wrangler (TM)

Subject: BNC VC Group 5/1/12 Presenters: NoBoss, Are you a human, Heat Wrangler. Hosted by Polsinelli Shughart PC
Date: 4/29/2012 2:00:19 P.M. Central Daylight Time
From: len_bland@conceptequity.com
To: ronaldmay@aol.com

Click here to see web version of this notice conceptequity.com/BNCVCGroup.htm
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TECH MEETS BRICK AND MORTAR by John Jonelis
Gigity.TV posts their stream of the last BNC VC Group meeting
Click on the link above to learn about fund raising, marketing, and other interesting articles.
Polsinelli Shughart PC is one of the top 100 law firms in the country, with more than 560 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.
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.
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.
Need funding to grow your business?
Looking for meaningful, exciting investments?
Concept Equity Group helps close the funding gap between entrepreneurs and investors.
We prepare entrepreneurs by:
Introducing vendors, customers, talent, and investors
Preparing investor communications
Providing strategic insight
We engage investors by:
Learning their creativity and passion
Leveraging their experience
Qualifying entrepreneurs
We match successful business people with entrepreneurs. Contact len_bland@conceptequity.com if you would like to be included in a list of recommended business people.
More about our services

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 Midwest Renaissance Fund, 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 – Presentations

NoBoss is a unique web data base of small investment income opportunities, with an array of integrated services, to help the huge universe of unemployed Americans become independent earners through self-employment.

Are You a Human
areyouahuman.com/ creates simple, intuitive games that websites use to verify that their visitors are real people. These games, called PlayThrus, replace obnoxious text based CAPTCHA verification methods that infuriate users and decrease submission rates. PlayThru is the fun, easy, more effective way to stop spam without driving users crazy.
Heat Wrangler (TM), a product designed to increase the efficiency of your water heater.
Polsinelli Shughart
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Chicago, IL 60601
Sign up at123Signup – Event cost $25 (late $30)
Evening Meeting includes hor d’oevers 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.

DISCLAIMER: Neither the BNC Venture Capital Group, Concept Equity Group, Inc. (together with BNC Venture Capital Group, the “Sponsor”) nor the host for this event, Polsinelli Shughart PC (Polsinelli), has verified, approved or endorsed any materials or information provided (whether in writing or orally) by the presenters, audience or other participants at this event . UNDER NO CIRCUMSTANCES SHALL SPONSOR OR POLSINELLI BE RESPONSIBLE IN ANY MANNER FOR, AND EACH OF SPONSOR AND POSINELLI DISCLAIMS ALL LIABILITY WHATSOEVER IN RELATION TO, ANY MATERIALS OR INFORMATION PROVIDED BY, OR THE CONDUCT OF, THE PRESENTERS, AUDIENCE OR PARTICIPANTS AT THIS EVENT OR ANY OTHER THIRD PARTIES (INCLUDING, FOR EACH OF SPONSOR AND POSINELLI, ANY MATERIALS OR INFORMATION PROVIDED BY, OR THE CONDUCT OF, THE OTHER). In addition, any written materials provided by POLSINELLI, and any presentations made generally to the participants at this event by POLSINELLI, are solely for informational purposes and are not intended to constitute legal advice or to create an attorney-client relationship.
Previous Presenters
Click Here for Information on Previous Presenters.

For More Information Contact:
Len Bland, Concept Equity Group, Inc.
Follow Len Bland and Concept Equity on twitter @conceptlen
See Len Bland’s latest blog

BNC StartUp is a training ground for entrepreneurs to practice their pitch, receive high-level feedback, and make valuable business connections. Two startups pitch to an audience of entrepreneurs, senior-level executives, and investors. Presentations are followed by an interview with one of Chicago’s top entrepreneurs or investors.
If you are a startup and want to pitch, contact David Carman at: 312-943-6376 or dcarman@BNChicago.com
Presenters:
Can’t afford to hire a professional videographer? Want to relive the most important events of your life through the eyes of family, friends, and/or colleagues? Storymix Media (storymixmedia.com/) has created a cloud-based platform with a simple interface and automatic editing that makes it easy for users to crowdsource content and share videos with their friends on Facebook. The company has attracted high-profile clients such as Eventbrite, Wedding Wire, and Sparefoot. Consumer adoption has increased five-fold from the prior year.
Lygase (www.lygase.com/) uses innovative RFID technology to monitor and collect key data on attendees at trade shows, conventions, business conferences, etc. and provide clients with enhanced business intelligence and a measurable rate of return. The company validated its technology at the prestigious RFID Journal Trade Show in 2010. Current clients include PSAV, Experient, IMEX, Heart Failure Society of America, and the National Funeral Directors Association.
Interview:
Matt Moog is one of the most influential entrepreneurs in the City of Chicago. He is a driving force behind the largest startup incubator in Chicago (www.1871.com), the 5.7MM Firestarter Fund (firestarterfund.com/), and “Built in Chicago,” the premier online site for Chicago entrepreneurs (www.builtinchicago.org). Matt is a serial entrepreneur and the founder/CEO of Viewpoints Network which has attracted more than 50 million shoppers to its social media platform (www.viewpointsnetwork.com/).
Details:
Date: Wednesday, April 18, 2012
Time: 5:30 – 8 p.m.
Location: Perkins Coie, 131 S. Dearborn, Suite 1600
Admission price: $20 online, $30 at the door. (Price includes appetizers & drinks.)
Registration link: april2012bncstartup.eventbrite.com
(Online registration ends at noon on Wednesday, April 18, 2012. Price does not include registration fee.)
Parking: spothero.com/perkins-coie/bnc-startup-04-18-2012
BNC StartUp is hosted by the law firm of Perkins Coie (www.perkinscoie.com). Perkins Coie represents great companies across a wide range of industries and stages of growth from startups to Fortune 100 corporations.
For more information about BNC, visit our website at: www.BNChicago.com
To learn about the BNC Venture Capital Group, go to: www.BNChicago.com/VC
To receive invitations to BNC events, send an e-mail to: BNC_Chicago-subscribe@yahoogroups.com
To join our LinkedIn Group, go to: www.BNChicago.com/BNC-group
Become one of our Fans at: www.Facebook.com/BusinessNetworkChicago
_____________________________
END OF REPORT

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

If you missed an article, go here:
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_______________________________
TABLE OF CONTENTS

The Scoop section:

– The six companies that the CCEA judges selected to go to the next level in the national competition were: H.E. System Technologies (www.hecng.com), Kelix (www.kelix.com/), Power Generation Technologies (www.powergenerationtech.com), Resolute Marine Energy (www.resolutemarine.com/), Turbulent Energy, and Xolve (www.xolve.com). Not selected were: Applied Thin Films, www.atfinet.com, Clean Water Forever, www.cleanwaterforever.com, Greencyclewind, www.greencyclewind.com, and Lightweight Structures, www.lwstructures.com — I believe that this chapter can pick up to 10 firms to advance to the next stage in the annual global competition hosted by the Global Cleantech Cluster Association (www.globalcleantech.org)
– Excelerate Labs (along with other accelerators across the country) announces its class of 2012: 71lbs, Cureeo, Fibroblast, frintit, Good Karma Clothing for Kids, Lasso, Orbeus, Pictarine, SpotHero, Whimseybox
______________________________
The Scoop section:
___________________
The six companies that the CCEA judges selected to go to the next level in the national competition were: H.E. System Technologies (www.hecng.com), Kelix (www.kelix.com/), Power Generation Technologies (www.powergenerationtech.com), Resolute Marine Energy (www.resolutemarine.com/), Turbulent Energy, and Xolve (www.xolve.com). Not selected were: Applied Thin Films, www.atfinet.com, Clean Water Forever, www.cleanwaterforever.com, Greencyclewind, www.greencyclewind.com, and Lightweight Structures, www.lwstructures.com — I believe that this chapter can pick up to 10 firms to advance to the next stage in the annual global competition hosted by the Global Cleantech Cluster Association (www.globalcleantech.org)

Subject: Re: CCEA winners
Date: 4/27/2012 1:10:32 P.M. Central Daylight Time
From: davidcarman@sbcglobal.net
To: RONALDMAY@aol.com

Ron–
The judges in conjunction with the Chicago Clean Energy Alliance (www.theCCEA.org) nominated the following 6 companies to advance to the next round and compete in the annual global competition hosted by the Global Cleantech Cluster Association (www.globalcleantech.org):
H.E. System Technologies (www.hecng.com)
Kelix (www.kelix.com/)
Power Generation Technologies (www.powergenerationtech.com)
Resolute Marine Energy (www.resolutemarine.com/)
Turbulent Energy
Xolve (www.xolve.com)
_________________________________
Excelerate Labs (along with other accelerators across the country) announces its class of 2012: 71lbs, Cureeo, Fibroblast, frintit, Good Karma Clothing for Kids, Lasso, Orbeus, Pictarine, SpotHero, Whimseybox

Hub Ventures, Excelerate Labs & MuckerLab Announce New Startups
Inbox
x

Bruce Montgomery tatvshow@yahoo.com
6:27 PM (17 hours ago)
to me, Ron
Images are not displayed. Display images below – Always display images from tatvshow@yahoo.com
Hub Ventures, Excelerate Labs & MuckerLab Announce New Startups
SARAH PEREZ
posted 5 hours ago3 Comments
The startup accelerator scene is booming, and that means there will be days like today, when a bunch of news from the various incubators around the country hits all at the same time. Today, we’ve got the details from several of the newer programs, some of which are announcing their new spring classes, others which are wrapping up with demo days. The result, in either case, is that there are now dozens upon dozens of new companies making their grand debut today, across a number of verticals that include everything social networking to health care.
Below, we’ve rounded up the new launches and announcements from Hub Ventures, Excelerate Labs, and MuckerLab. In addition, DreamIt Ventures is preparing to start its summer program in NYC next month, and is hosting a kick off party tomorrow night.
Hub Ventures
Hub Ventures, the San Francisco-based startup accelerator focused on funding entrepreneurs “building a better world,” (and new member to the Global Accelerator Network championed by TechStars) is announcing its Spring 2012 cohort of startups. Something notable about this group is the gender diversity – there are six female co-founders and key team members, representing five of the startups in the group.
This spring, the focus is on transportation and personal safety, infant and maternal health, collaborative consumption (fractional car ownership), information technology for development, financial tools for small businesses in the developing world, and clothing up-cycling to enable insourcing and job creation in the U.S. Startups received $17,500-$20,000 and are eligible for an extra $75,000 if chosen by key investor Lakeland VenturesDevelopment. One spot is being held for a innovation hackathon prize, also sponsored by Lakeland Ventures.
Hub Ventures says it received 209 applications for 10 spots this year – up 200% from 75 applicants last year.
Refuel by StreetOwl – Ofer Raz, Neel Ganjoo, and Cyndy Sandor: a rewards platform to encourage safer driving, save lives, and disrupt the $200B insurance industry
CheckInOn.Me – Deb Levitt: an automated, mobile phone based personal safety system
DIIME – Theresa Fisher and Gillian Henker: innovative medical devices to improve infant and maternal health in low-resource settings of Africa
Givkwik – Jason Rosado: one-click mobile app and online giving to enable impulsive philanthropy
Africa’s Talking – Eston Kimani: an SMS-based web and communication platform to solve information poverty in Africa
Acopio – Paul Goodman, Iris Shim, and Ariel Chait: management information systems for agricultural cooperatives that improves transparency and traceability
Repat – Ross Lohr and Nathan Rothstein: up-cycling old unwanted t-shirts into value-added products and creating sustainable insourcing jobs in the US
Inventure – Shivani Siroya and Jon Blackwell: an SMS-based financial tool for small businesses in the cash economy of India
Mesh Motors – Ezra Goldman: an innovative approach to car sharing via the fractional ownership model

Excelerate Labs

Chicago-based Excelerate Labs, led by entrepreneurs Troy Henikoff (SurePayroll) and Sam Yagan (OkCupid, eDonkey, SparkNotes) is announcing its Class of 2012. The selective summer program will wrap up with a demo day in August. This year’s class, the third for the organization, features companies from India and France, which are moving to Chicago, as well as others from California, Massachusetts, Florida and Texas.
Excelerate Labs has also partnered with digital startup center 1871, which offers working space for 400, plus office space for V.C.’s, classrooms and partnerships with universities.
This year, the incubator said it received 50% more applications than last year. Then ten companies chosen are below.
71lbs – Helps small and medium-sized businesses (SMBs) save money on shipping through data analytics,understand their parcel shipping spend and make better shipping decisions for the first time.
Cureeo – Offers original and limited edition artwork to collectors and novice art enthusiasts without the hassle of personally hunting through physical and online galleries to find that perfect piece. The company provides background about the artist and their work as well as education on how and why to shop for fine art. Customers can share their taste preferences and design needs then receive a selection of artwork options handpicked for them by one of Cureeo’s art specialists.
Fibroblast – Aims to help solve three big, interrelated problems in U.S. health care: shrinking margins, convenient access and need for preventive care. The company addresses these problems by providing patients with the ability to self-schedule appointments anytime and anywhere by using a cloud-based calendar, and automates appointment notifications. Providers get analytics tools to optimize their practices. Also creates a network of interconnected providers to refer patients.
frintit – Acts as the “AdSense” of the physical direct mail world by allowing direct mail advertisers to intelligently target a consumer based on their interests. Using a combination of web and mobile data, frintit offers a direct mail platform to reach the right customer.
Good Karma Clothing for Kids – A new subscription service that delivers right-sized baby clothes that customers exchange as their baby grows so busy parents don’t have to spend a ton of time and money keeping up with fast-growing little bodies. Good Karma delivers bundles of ready-to-wear clothing on request, washed in environmentally and baby friendly detergent.
Lasso – Direct quote: “A new service hailing from an uncharted land where friends freely gather with the whip of a hand, where plans manifest in a couple of clicks so friends can greet faces and not profile pictures.” (We have no idea).
Orbeus – A computer visual recognition engine that enables computers to perform face detection and recognition, logo and product recognition, optical character recognition, and scene understanding.
Pictarine – Centralizes photos from all online services including Facebook, Flickr, Instagram and Twitter. Pictarine automatically organizes photos as timelines, backups the best photos, lets you share favorites with friends and helps you discover new photos.
SpotHero – Similar to ParkingPanda and others, the company works with some of the largest parking operators in the country to make discounted parking available to customers by helping drivers get the parking spot that they want.
Whimseybox – A subscription service for the DIY and craft community. Every month, the company ships customers craft product samples, helping them o rediscover crafts and express their creativity. Users can also visit the company’s Project Gallery for inspiration and ideas, upload and share their projects with the startup’s community.

MuckerLab
MuckerLab, a new L.A.-based startup accelerator, also a member of the Global Accelerator network, is having its Demo Day today. The program, founded by Erik Rannala, formerly of Harrison Metal, and William Hsu, who most recently served as Chief Product Officer at AT&T Interactive, doesn’t always focus on media and entertainment startups, despite its location. Rannala previously told us that ad tech and e-commerce have also thrived in L.A., but they’re not limiting their focus at this time to any particular vertical.
Selected startups received $21,000 in seed funding, and the usual benefits like shared office space, various discounts on hosting and software, and legal assistance. This year’s group of eight fits with accelerator’s goal of having five to ten startups to kick off its launch.
Instacanvas, a marketplace for social media art and artifacts.
Laffster, a distribution and discovery platform for premium comedic content through YouTube, Laffster.com and beyond.
Lifecrowd, a marketplace for social activities connecting people, interests and culture.
Penango, browser-based encryption and security solutions for cloud applications.
Surf Air, a membership-based, private airline thatbrings the ease and comfort of flying private to a new audience.
Retention Science, a big data retention-marketing platform for e-commerce.
OttoLikes Labs, an interest curation engine that’s pioneering an entirely new category of algorithms to provide consumers with ideas for online and offline products and services.
Wallaby Financial, a network-branded (Visa) payment card that dynamically routes transactions across a consumer’s existing credit cards to maximize rewards, cash back or savings.
Ecinity – an automated marketing solution for small to mid-sized businesses to attract new customers without paying for advertising and with no or minimal effort from the merchant.
DreamIt Ventures
DreamIt Ventures, which operates programs in Philadelphia, N.Y., and now, Israel, is kicking off its 2012 Summer program tomorrow night with a party at Google’s NYC office. DreamIt has selected 15 companies, 5 of which are participating in the newly launched DreamIt Israel. This program brings Israeli startups to NY, giving them access to U.S.-based mentors, investors, and up to $25,000 in seed funding. DreamIt Israel is already underway now in Tel Aviv, and the companies will join DreamIt NY in NYC on May 14th.
Another 5 are in DreamIt Access, a dedicated effort to launch 15 minority-led startups over the next 12 months. Comcast Ventures, the venture capital affiliate of Comcast Corporation, is an investor in DreamIt Access.
DreamIt’s Demo Day will be August 8th. Stay tuned.

Bruce Eric Montgomery
Founder, Producer & Host
Technology Access Television
200 S. Wacker Drive, 15th Floor
Chicago, IL 60606-5865
(312) 725-8601
tatvshow@yahoo.com
www.TechAccessTV.com
www.twitter.com/TechAccessTV
www.facebook.com/TechAccessTV
www.YouTube.com/TechAccessTV
_______________________________
END OF REPORT

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
_______________________________
TABLE
OF CONTENTS

The Scoop section:

– WSJ: Groupon Must Avoid Taking
‘Stupid Risks,’ CEO Says .
– Judge Rules Illinois Internet Tax Law
Unconstitutional
– And Now Wall Street Is Beginning To Panic About Apple’s
Earnings
_______________________________
The Scoop
section:

______________________
WSJ: Groupon Must Avoid Taking ‘Stupid
Risks,’ CEO Says .

online.wsj.com/article/SB10001424052702304723304577366282578172486.html
Groupon
Must Avoid Taking ‘Stupid Risks,’ CEO Says .
Comments (78)
By SHIRA
OVIDE
Groupon Inc. GRPN -2.77% Chief Executive Andrew Mason told the
company’s employees Wednesday that the daily-deals site needs to grow up-right
after he apologized for drinking too much beer.
Groupon Chief Executive
Andrew Mason told the company’s employees that the daily-deals site needs to
grow up — right after he apologized for drinking too much beer. Shayndi Raice
reports on digits. Photo: Getty Images.
.
In a wide-ranging town hall
meeting with employees that lasted about an hour Wednesday, the 31-year-old CEO
at times swigged from a beer bottle while he set corporate priorities for the
next six months, including beefing up financial controls and hiring more finance
staff. Mr. Mason also discussed how the Chicago company doesn’t “have any margin
for error.”
“We’re still this toddler in a grown man’s body in many ways,”
Mr. Mason said during the closed-door employee meeting, which The Wall Street
Journal observed via webcast. At one point during the address, Mr. Mason’s voice
broke and he said, “Sorry, too much beer.”

TJ Proechel for The Wall
Street Journal
CEO Andrew Mason, shown in January, says Groupon needs to grow
up.
.

More
Deal Journal: Analysts Stick With Groupon
.
A
Groupon spokesman said the meeting was part of a series of informal weekly town
halls, where employees have a chance to ask questions of executives. Beer is
available for everyone in the room, said the spokesman, who declined to
elaborate on Mr. Mason’s comments during the session.
Mr. Mason’s comments
come as Groupon, which went public in November, is trying to steady the ship.
The Web company has been under pressure following a revision to its quarterly
financial results last month, when Groupon said it underestimated the amount of
customer refund requests for its coupon-like offers and disclosed a “material
weakness” in its internal controls. Some investors also have questioned whether
Mr. Mason is experienced and mature enough to be at the helm of a
multibillion-dollar public company. The revision prompted an examination from
the Securities and Exchange Commission, the Journal previously
reported.

In the wake of the revision, Groupon plans to announce in
coming weeks several additional senior-management hires, said a person familiar
with the matter. In addition, the company is talking about bringing on board at
least two new board members, said another person familiar with the situation.

Revamping Groupon’s board and adding to its management bench may help
restore market confidence in the company. Groupon’s stock has fallen from its
$20 IPO price last November to $12.27 as of Wednesday’s 4 p.m. close on the
Nasdaq Stock Market. Shares fell as much as 40% since the company disclosed the
financial restatement on March 30th, though the stock has clawed back some of
the losses.

Mr. Mason’s candid town hall remarks show how Groupon’s
financial revision was a wake-up call for a company that started in late 2008
and sprouted quickly. Groupon, which is unprofitable, generated $1.6 billion in
revenue last year and employs more than 11,000 people. The company has been
viewed as one of the stars of the latest Web boom, along with Zynga Inc. ZNGA
+3.73% and Facebook Inc. Facebook is set to go public as soon as next month in
what is likely to be the biggest-ever U.S. Internet IPO.
The financial
revision, Mr. Mason said at the meeting Wednesday, was “the latest in a string
of just us making an example of how bad we are at being a public company. We
have to get good at this.”
In the meeting, Mr. Mason said Groupon made a
strategic decision to grow quickly to race ahead of competitors in the nascent
local-deals industry. Now, he said, Groupon needs to slow down and focus on
fewer initiatives, including on “quality and control” and “not taking stupid
risks.”

Mr. Mason, who sported colorful striped socks, laid out the
company’s top five initiatives for the next six months, including financial
controls and the hiring of more financial staff. He also told Groupon employees
they will hear management “talk a lot about” compliance with Sarbanes-Oxley
accounting rules.
Groupon reports quarterly earnings on May 14, and has said
it expects to have addressed the material weakness in its internal controls by
then. Bloomberg News earlier reported news of Groupon’s board-candidate
search.

Write to Shira Ovide at shira.ovide@wsj.com

A version of
this article appeared April 26, 2012, on page B1 in some U.S. editions of The
Wall Street Journal, with the headline: Groupon Must Avoid Taking ‘Stupid
Risks,’ CEO Says.

Join the discussion 78 Comments, add yours More In
Management »
__________________________
Judge Rules Illinois Internet Tax
Law Unconstitutional

Subject: Judge Rules Illinois Internet Tax Law
Unconstitutional
Date: 4/25/2012 8:54:01 P.M. Central Daylight Time

From: ed.longanecker@techamerica.org
To: ronaldmay@aol.com

Judge
Rules Illinois Internet Tax Law Unconstitutional
Wednesday, 25 April 2012 By
Lisa Picarille 1 Comment
Judge found in PMA’s favor, declaring the law
violates the Commerce Clause and Internet Tax Freedom Act.
Chicago-In
Illinois Circuit Court, Judge Robert Lopez Cepero ruled that the Illinois
Affiliate Nexus Tax law violates the Commerce Clause of the US Constitution,
declaring the activity described in the statute does not establish nexus. In
addition, the Judge agreed with the PMA’s position that this statute is
premature, given the Congressional moratorium related to Internet tax
fairness.
“We are thrilled with the outcome of today’s preceding and believe
it paves the way for internet marketing affiliates to get back in business in
Illinois.” said Rebecca Madigan, Executive Director of the Performance Marketing
Association, “We commend Judge Cepero for his timely and thoughtful
decision.”
“We appreciate the excellent representation and strong argument
presented by our counsel, George Isaacson and Matthew Schaeffer, of Brann &
Isaacson. Their depth of experience has proven an invaluable resource for the
PMA and our members,” added Madigan.
Ed Longanecker
Senior Vice
President
TechAmerica
630-282-4332
_____________________________
And
Now Wall Street Is Beginning To Panic About Apple’s Earnings

www.businessinsider.com/jim-cramer-on-apple-analysts-2012-4
And
Now Wall Street Is Beginning To Panic About Apple’s Earnings

The Most
Impressive Things About Apple’s iPhone Sales Last Quarter

Apple
Demolishes Expectations, Delivers Another Monster Quarter
Jim Cramer nuked
all Apple analysts on his show last night, saying, “Wall Street analysts don’t
exactly have a sterling track record (and they’re paid fortunes, by the way) but
this, this was perhaps the biggest screw-up we’ve seen with a high profile stock
in ages.”

The stock was slammed heading into earnings because of “awful
and unhelpful” commentary says Cramer.

Analysts missed Apple’s revenue by
$2.4 billion, they underestimated iPhone sales by almost 5 million units, and
whiffed on iPad sales.

Cramer’s core diss of analysts: They freaked out
about AT&T and Verizon, but those companies don’t matter. He said, “They
fret and extrapolate from all these individual negative data points from other
companies, when they should be focusing on all the incredible opportunities
Apple has going for it.

“I say stop listening to all of these bogus
trading calls and focus on investing in Apple. That’s the only way to make money
in the most important stock of our time.”

Cramer called out Peter Misek
at Jefferies for cutting iPhone estimates at the last second, as well as Chris
Whitmore at Deutsche Bank, Andy Perkins at Societe Generale, and Daniel Ernst at
Hudson Square Research.

It’s worth pointing out that Misek was still
super bullish on Apple. If you listened to him, you’d be buying Apple’s stock.
As for the other guys, we’re not familiar with their research, but it’s possible
there’s a few outliers.

We read Apple research all day long, and the one
thing we take away from it: Wall Street loves Apple.

Leading up to
earnings, not one, but TWO analysts raised their price targets to $1,000. And
the community in general was raising EPS estimates as the stock was getting
slammed.

Maybe there were back channel whispers that Apple was screwed,
but all the sell-side guys were screaming, “BUY THE STOCK!!!”

Did they
miss on the individual numbers? Sure. But that’s nit-picking. It’s very hard to
nail down the exact numbers. The general sentiment coming from sell-side is that
Apple is a beast and you should load up the boat on it.

See Cramer’s
video here >
_________________________________
END OF REPORT