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4 things Mark Suster had to say about raising Upfront Ventures' new $280M fund

4 things Mark Suster had to say about raising Upfront Ventures' new $280M fund | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
Upfront Ventures, the Santa Monica-based venture capital firm that invested in Maker Studios, Factual, and TrueCar has just raised a $280 million new investment fund. This new fund is the VC’s fifth
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Turning 3: How Scoop.it Grew To 3,000 SMB And Enterprise Clients In The Past Year | Scoop.it Blog

Turning 3: How Scoop.it Grew To 3,000 SMB And Enterprise Clients In The Past Year | Scoop.it Blog | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
As we turn 3, we're seeing accelerating demand for content curation by SMBs and enterprises. 1.5M professionals are now using Scoop.it to reach their business goals.
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NZ Start-ups READ THIS: Born Global or Die Local - Building a Regional Startup Playbook

NZ Start-ups READ THIS: Born Global or Die Local - Building a Regional Startup Playbook | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
Entrepreneurship is everywhere, but everywhere isn’t a level playing field. What’s the playbook for your region or country to make it so? ---------- Scalable startups are on a trajectory for a bill...
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27 Pre-Written Templates for Your Toughest Work Emails

27 Pre-Written Templates for Your Toughest Work Emails | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
Because you shouldn't always have to start from scratch.
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When Should Technical Founders Become CEO?

When Should Technical Founders Become CEO? | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
When Should Technical Founders Become CEO?
POSTED ON OCT 15, 2014 | 9 COMMENTS

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Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth (know as the Peter Principle).
Much less has been said about when the technical CEO is the best person to run the company.
Yet if you look at some very successful market changes in the last few years it does point to technical prowess in the number 1 seat. Case in point is the return of Larry Page to the role as CEO of Google. I don’t think that Google would have become the success story we all know without the leadership of Eric Schmidt through the years he led the company.
So why did Larry need to return?
It seemed that Google was being out innovated by another Silicon Valley technical leader, Mark Zuckerberg. Somehow in a world of rapid change Mark had been able to right his ship much faster than the highly bureaucratic organizations that places like Google, Yahoo! and Microsoft had become. Bringing back Larry seemed an effort to streamline, to innovate, to compete.
Of course Larry returning wasn’t the only Silicon Valley comeback. Steve Jobs is perhaps to most famous comeback in our industries history and while Jobs wasn’t quite the “techie comeback” relative to his replacement, John Sculley, who was a marketer from Pepsi, he certainly was a technical visionary.
In more recent times we have seen people like Matt Mullenweg – the founder of WordPress – step back into the company’s CEO role after 8 years.
In a way it seems the model has been bring in professional management to help a company through a growth spurt while technical founders focus on becoming an industry leader in terms of innovation and then when the less experienced technical founder is ready they step back in the role. In many ways that might be one way to interpret even Facebook where Sheryl stepped in as COO but by all accounts ran much of Facebook for a few years (other than product). It now seems that Mark is more firmly in control.
All of this is top of mind for me personally because I’m just now dealing with a technical founder – Nick Halstead – retaking the CEO mantle as we announced today at DataSift.
Our big news is announced in this DataSift CEO – Time for Growth post – it’s worth checking out.
I first met Nick Halstead in 2009 when he was running a company called Tweetmeme (the predecessor to DataSift) who had invented the Retweet button and actually helped Twitter develop its early API. He explained to me much of the Twitter infrastructure and why Twitter data would become super valuable. He focused not only on the Tweet text but also the meta data describing the Tweet (who sent the Tweet, from which location, on which device type, at what time of day, etc.).
Even more importantly he the probabilistic inferences you could draw from the data (who is the Twitterer following and who is following him or her?, was the sentiment of the Tweet positive or negative? what was the frequency of Retweets, @ mentions and so forth). Equally important he pointed out that since Twitter is a place you send links to your followers – crawling the link URL to read the text that was in the ultimate article being shared would tell you 10x more than the Tweet itself).
Nick was always and remains a huge visionary in where public, realtime data was heading. He’s one of those rare people that after every meeting you have with him you feel like you have much more insight into the future of the technology industry than before your conversation began.
We kept meeting at conferences over the next 18 months and he kept showing me what he was working on. When he had his prototype solution for DataSift and had secured re-syndication rights (the rights to resell Twitter data – which only 3 companies ever had) I knew I wanted to work with him.
Nick was based in Reading, UK (near London) which was a slight but not insurmountable problem. I didn’t mind heading out the England a few times a year – after all I lived there for a decade and even became a dual citizen. But I firmly believed the company needed to have a large presence in the US given our major data partners were all here and the biggest companies looking to buy our products were also based here.
I like technical founders so this wasn’t an issue. But when I asked Nick if he would move to the US he told me he preferred not to. Although he seemed to be in the US incessantly – his home and his family were rooted in England. When Roger Ehrenberg & I agreed to fund Nick’s first institutional VC round we agreed it knowing that he was staying in the UK, that he was building out product & engineering in the UK and that he was the CEO of the company.
But during the funding process we certainly asked whether Nick was open to hiring a US-based CEO so that Nick could focus on engineering prowess and leadership and not having to build out a sales, marketing & support organization in the US. Luckily for us Nick was extremely mature and believed it would be in the best interest of the company. So Nick drove strategy & tech from the UK and remained an active board member and CTO of the company.
That enabled us to bring Rob Bailey on board as the CEO and it was the best decision we could have made at the time. Under Rob’s leadership we built out an amazing organization of seasoned enterprise software veterans in the US market. He travelled tirelessly to clients, data partners and to the UK to make sure the global organization was synchronized.
Under Rob’s tenure DataSift grew to 10’s of millions in recurring revenue, signed up more than 1,000 enterprise customers, raised > $60 million in venture capital, hired more than 100 employees and has become one of the fastest growing SaaS companies in the industry. We simply wouldn’t be here today staring at this opportunity in front of us without Rob’s leadership.
Rob has written this incredibly thoughtful post on the topic if you’d like to hear it directly from a CEO’s perspective.
I learned much in watching Rob execute and enjoyed my experience in working with him tremendously. I think it’s fair to say that Rob managed me as a board member more than I managed him. Simply put – I’m 100% sure I’ll continue working with Rob Bailey – as long as he can put up with me again
So why on Earth would Nick be returning to the CEO mantle and Rob becoming a board member?
Our industry has hit such a fast pace where technical leadership can bring massive growth and fortunes to companies while missteps can mean a company’s quick demise. Here I quote John Sculley on letting Steve Jobs go
“I did not have the breadth of experience at that time to really appreciate just how different leadership is when you are shaping an industry, as Bill Gates did or Steve Jobs did, versus when you’re a competitor in an industry, in a public company, where you don’t make mistakes because if you lose, you’re out.”
Shaping an industry.
That is the opportunity in front of us. For years we’ve been a close partner of Twitter and despite Twitter having acquired our largest competitor GNIP we still maintain a very close relationship and partnership. And of course we have dozens of other data sources making us a much broader platform than Twitter data.
But we have to acknowledge that the industry has changed. 18 months ago Nick embarked on what I started calling our “Manhattan Project,” which defined the next major leap for the company from organizing public, social, big data to organizing all corporate enterprise data whether internal or external.
And because Nick is Nick he wasn’t content with just helping enterprise organize internal data & integrate it with public big data – he also decided it was best if he could build a machine-learning engine that would learn to recognize, interpret and integrate data-types without the need for data analysts and scientists to create and maintain schemas, tables and mappings.
He called this initiative VEDO and launched it quietly to some of our bigger customers.
So the next chapter of DataSift is underway. You’ll see more news from the company over the coming months. With Topsy purchase by Apple and GNIP by Twitter we remain the only independent public provider of realtime data streams. With Nick as the CTO we have created an enterprise-grade data management platform that we believe could be transformational in how large companies process, store, retrieve and make sense out of large volumes of big data.
And with this new phase – and with the fruits of Rob’s efforts that led to our 120-person organization – Nick is ready to step back into the driver’s seat and lead us to the next level. I’m excited to see what Nick can product. I remain as childishly giddy at Nick’s vision as I did in our conference hangout we had in 2009.
And of course I’m grateful to my good friend Rob Bailey who stepped into the role of CEO at a crucial time. He performed his role phenomenally well and now that he will become part-time (as a board member) I look forward to finding more ways to work with him in newer capacities.
Onward & upward DataSift.
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The Ultimate Guide to Startup Sales Tools | OpenView Labs

The Ultimate Guide to Startup Sales Tools | OpenView Labs | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
Looking for a leg up to fuel your company's early-stage customer acquisition? Sometimes you need the right tools to win. Bowery Capital is sharing the very best sales tools their founders are using to grow their businesses and transform their results.
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Buying Stuff Within A Tweet Is Reportedly Coming To Twitter Via Stripe

Buying Stuff Within A Tweet Is Reportedly Coming To Twitter Via Stripe | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
 Soon you’ll be able to buy something straight from a Tweet, if the rumours come true. Tech site Re/code says sources have told it that Twitter is working with payments startup Stripe on the launch of its ‘in-tweet’ commerce project.
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The Small Business Guide to LinkedIn - A straight-forward guide to making LinkedIn work for your business.

The Small Business Guide to LinkedIn - A straight-forward guide to making LinkedIn work for your business. | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
Thinking about using LinkedIn for your business? Not sure how to get started? This step-by-step guide will walk you through the process.
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30+ Ultimate Headline Formulas for Tweets, Posts, and Emails

30+ Ultimate Headline Formulas for Tweets, Posts, and Emails | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
A full list of headline formulas used by the pros - the best templates to follow to get your headlines clicked on social media, blogposts, emails, and more
John Humphrey's insight:

Lots of awesome advice here.

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Why Seattle Is Not Like Silicon Valley

Why Seattle Is Not Like Silicon Valley | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
 The stories of Silicon Valley millennials competing, succeeding, and failing spill out of the region faster than most journalists can type.
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5 Entrepreneur Mistakes Even Successful People Often Make

5 Entrepreneur Mistakes Even Successful People Often Make | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
Although most entrepreneurs might not freely admit it, they make mistakes throughout their careers. Here are the five most common entrepreneur mistakes.
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The 12 Types of People You’ll Meet at a Conference

The 12 Types of People You’ll Meet at a Conference | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
To all the conference-goers out there, I’d like to challenge you to think long and hard about one simple question: What’s your goal?
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AHEAD OF THE PACK, OURCROWD RAISES $60M IN EQUITY CROWDFUNDING FOR 46 COMPANIES

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UK Government pours £1m into seven Internet of Things startups - Computer Business Review

UK Government pours £1m into seven Internet of Things startups - Computer Business Review | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
The winners in full are Digital Shadows, Product Health, Arjun Technology, London Cambridge Cycle, OpenTRV and Superflux.
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Microsoft Changes Tack, Making Office Suite Free on Mobile

Microsoft Changes Tack, Making Office Suite Free on Mobile | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
In a sign of the seismic changes underway in the tech industry, Microsoft will give away its lucrative software product on iPads, iPhones and Android tablets.
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2015 Nissan GT-R Nismo: The Fastest Yet! – Ignition Ep. 118 - YouTube

On this episode of Ignition, presented by Universal Technical Institute, Carlos Lago tests the new Nissan GT-R Nismo, the most powerful and best-handling GT-...
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iTWire - Lockheed Martin announces nuclear fusion breakthrough

iTWire - Lockheed Martin announces nuclear fusion breakthrough | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
American global defence and aerospace firm Lockheed Martin has announced what could be a major breakthrough in the race to develop a power source base...
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28 Steal-Worthy Tips From the Most Productive People on the Planet

28 Steal-Worthy Tips From the Most Productive People on the Planet | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
Take one, or take them all.
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30 Little-Known Features of Facebook, Twitter, and More

30 Little-Known Features of Facebook, Twitter, and More | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
The hidden and little-known features of all six major social media sites: Facebook, Twitter, Google+, LinkedIn, Pinterest, and Instagram.
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How Authoritative Is Your Content? 7 Tools to Help You Find Out

How Authoritative Is Your Content? 7 Tools to Help You Find Out | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
Want to know how your content and social profiles stack up? These tools can help.
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5 Data-Backed Secrets of Social Media's Most Shareable Content

5 Data-Backed Secrets of Social Media's Most Shareable Content | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
What studying 1 million headlines taught us about shareable content on social media.
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Tracking the Ebola outbreak in near real-time: HealthMap, ProMED and other tools

Tracking the Ebola outbreak in near real-time: HealthMap, ProMED and other tools | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it

Sobering news keeps coming out of the West African Ebola outbreak. According to numbers released on August 6, the virus has sickened 1,711 and claimed 932 lives across four nations. The outbreak continues to grow, with a high risk of continued regional spread, according to a threat analysis released byHealthMap (an outbreak tracking system operated out of Boston Children’s Hospital) and Bio.Diaspora (a Canadian project that monitors communicable disease spread via international travel).

 

“What we’ve seen here—because of inadequate public health measures, because of general fear—is [an outbreak that] truly hasn’t been kept under control,”John Brownstein, PhD, co-founder of HealthMap and a computational epidemiologist at Boston Children’s Hospital, told ABC News. “The event started, calmed down and jumped up again. Now, we’re seeing movement into densely populated areas, which is highly concerning.”

 

If you’re interested in keeping tabs on the outbreak yourself, there are several tools that can help:

 

HealthMap’s Ebola map. The HealthMap team is maintaining a dedicated, interactive map and timeline of the epidemic athealthmap.org/ebola (embedded at the top of this post). Both map and timeline are regularly updated as new information becomes available, as is the HealthMap Twitter account.ProMED. The International Society for Infectious Disease, a non-profit organization for infectious and emerging disease research, operatesProMED, a disease news monitoring service that tracks outbreaks of human and veterinary infectious diseases. ProMED (short for Program for Monitoring Emerging Diseases) has been sending out regular email and Twitter alerts about the Ebola outbreak since it was first noticed in March.US Centers for Disease Control and Prevention (CDC). The CDC is regularly posting updated news and patient counts—as well as travel and preparedness guidance and other information about the virus—on both their website and Twitter.World Health Organization (WHO). The WHO’s Global Alert and Response system is providing regular updates on disease spread and control efforts. The organization is also distributing updates via its Twitter feed.


Via Dr. Stefan Gruenwald
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Biodefense News's curator insight, August 14, 2014 10:20 PM

One glaring omission from this list is http://www.ascelbio.com, which is supplying CDC/GDD with outbreak information and forecasting.  Ascel Bio was also in constant contact with Samaritan's Purse and asked to help respond to evacuate.

Luigi Cappel's curator insight, August 16, 2014 5:53 PM

Not only is this a great site, but when I went in, it automatically identified that I live in New Zealand and showed me areas close to me where there are notifiable diseases. It showed that currently measles is growing around our country. This is a great site to check out, whether you are traveling overseas and want to see if there are things you want to be forewarned about, perhaps be inoculated against, or in the case of something like Ebola, places you might be better off staying well away from at least in the short to medium term. 

 

I recommend checking it out, whether you are traveling, or simply want to see great use of maps to show real time data. The time-lapse video showing the expansion of Ebola is fascinating. This is the sort of thing we usually just see on movies showing the CDC, like one of my favorite TV shows 24. Where's Jack Bauer when you need him? Oh, I here a rumor he may be coming back:)

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An entrepreneur’s guide to getting your start-up press coverage - Virgin.com

An entrepreneur’s guide to getting your start-up press coverage - Virgin.com | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
If not your pitch will get lost among hundreds of other ideas sent every day to journalists. Should you pitch over the phone? Invite a journalist to lunch? Drop a friendly email? These are all common questions we can help you with.
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Leaked: Here's How LinkedIn Plans To Have A New Billion-Dollar Business In 3 Years - Business Insider

Leaked: Here's How LinkedIn Plans To Have A New Billion-Dollar Business In 3 Years - Business Insider | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it

Excerpt...

 

LinkedIn plans to break into the $50 billion business-to-business marketing space and turn its products into a $1 billion business by 2017, according to internal documents sent to Business Insider. 


"Our long-term ambition is to build an integrated marketing and sales platform that provides a simple and effective way to reach audiences, nurture prospects, and acquire customers," the document says. 

 

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► Receive a FREE daily summary of The Marketing Technology Alert directly to your inbox. To subscribe, please go to http://ineomarketing.com/About_The_MAR_Sub.html  (your privacy is protected).

 


Via marketingIO
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marketingIO's curator insight, August 14, 2014 9:58 PM

This is a must-read document.


You'll want to spend a 15 minutes reading this. Please click through to review the complete document!

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CMO Warning: Don't Tie Marketing Incentive Compensation to a Metric

CMO Warning: Don't Tie Marketing Incentive Compensation to a Metric | Tech Start-ups, Entrepreneurs, New Ventures | Scoop.it
The conventional wisdom around compensation is that you should tie it to specific, measurable goals to get the best results.
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