
Opinion Editorial: Deep
Impact: California's budget crisis vs. technology development
California's budget crisis is the largest
in its history, rivaling the terrible economic crises of
the early '90's. Part of this is due to its extraordinary
reliance on capital gains, especially during the high-tech
boom of the last seven years. And while many states currently
are experiencing deficits due to the slowing economy, the
scope and scale of California's deficit is having a severe
negative impact on its economic and social base, and threaten
the very foundations of its recent growth. Legislators in
California face Hobson's choices everywhere they turn. And
in one area, especially, these choices could threaten the
long-term gains the state has made in an area of central
importance to its future: the nurturing and growth of its
technology base.
full
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Venture
Investments Increase in Healthcare at the Expense of IT
Venture capitalists have been cynical about investing in information
technology ever since the market crash and now, with the Worldcom
debacle and following turmoil in the telecommunications sector,
investors are shying away even more from allocating capital
in IT.
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Larta is the think tank for
technology businesses. We apply knowledge in
practical ways on behalf of cutting edge companies,
investors, governments, and professionals. Larta
drives the technology markets through four core
activities: business training, market research,
consulting, and capital programs.
714 W. Olympic Blvd.
Suite 750
Los Angeles, CA 90015
Tel: (213) 744-1314
Fax: (213) 744-1791
www.Larta.org
Larta Orange County Office
7545 Irvine Center Drive, Suite 100
Irvine, CA 92618-2934
(949) 789-1110
Larta IT Sponsor
Verizon
Contact: Frank
Nainoa
Sponsorship
For Information on sponsoring LA VOX or other
Larta events or publications, email Carlos Gutierrez.

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~Larta
Announcements
Larta
Opens New OC Office
Larta has now officially opened its Orange County field office,
which
will be housed within Skyline Ventures (Irvine Ventures).
Here is the contact information:
7545
Irvine Center Drive, Suite 100
Irvine, CA 92618-2934
(949) 789-1110
FREE
Sand Dollar Report 2002
Help
us learn more about you by answering 4 quick and easy questions
for us. For 30 seconds of your time we'll send you a free
copy of our 2002 Sand Dollar Report: Analysis of Venture Investing
in Southern California. Not a bad deal, huh?
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Learn
more about Larta's
Sand Dollar Report 2002: Analysis of Venture Investing in
Southern California.
Now
Accepting Applications for Larta's September Venture Salon
Apply to present at Larta's next Venture Salon. Chaired
by Randy Lunn of Palomar Ventures, this Salon will showcase
half a dozen technology companies in a private event for accredited
investors only. If you are a technology company looking for
funding, whether startup or later-stage, you may apply to
present at the Venture Salon. Applications are due by August
15.
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Larta
Open House August 15
Larta
will be celebrating its new home in historic downtown LA with
an afternoon reception and open house. This event is open
to all friends and associates of Larta, and is free of charge.
RSVP required.
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Larta
University September Session: Intellectual Property
Intellectual
property can be the primary asset of a technology company,
and strategic management of IP can attract capital and monetize
revenue, and impact the long-term results of a company's success.
This workshop covers the most crucial legal and business strategies
any company should know before exposing its technology to
a competitive marketplace, including: copyrighting and trade
secrets, working with an independent contractor to develop
a product, and licensing.
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Larta
to collaborate with Kauffman Center for Entrepreneurial Leadership
Larta is pleased to announce the commencement of a collaboration
with the Kauffman Center for Entrepreneurial Leadership at
the Ewing Marion Kauffman Foundation. Larta will be working
with the Kauffman Center on two projects: an expanded, in-depth
update to Larta's Federal Technology Funding Guide, to be
distributed by the Kauffman Center and Larta, and production
of a comprehensive, multi-sector manual and a video based
on Larta University's classes on Business Presentation: From
Investor to Customer.
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information >
~Other
Announcements
VentureNet
2002 Applications Now Being Accepted
If you are an entrepreneur looking for investors, submit your
application today to make a capital presentation at VentureNet
2002. VentureNet brings together Southern California's most
promising companies with prospective investors and strategic
partners from around the country, including all venture capital
firms in Southern California, numerous venture capital firms
from Northern California and elsewhere in the country, angel
groups, individual angel investors, and investment bankers.
Now in our seventh year, VentureNet 2002 will showcase 12
of the best and hottest software and information technology
companies. Prior to the conference, the 12 presenting companies
will be intensely coached by the selection committee and other
professionals.
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~Larta in the News
Sponsored
by:
L.A.
Venture Funding Way Down in Second Quarter (Los Angeles
Business Journal) Venture capitalists, still smitten with
the struggling telecom business, continue to invest in LA
companies developing wireless services and Internet-related
products, even as the level of dealmaking declined.
full
article >
IBM
y las mujeres del futuro
La empresa prepara a niñas de entre 12 y 13 años
en un nuevo programa destinado a ayudarlas a dominar la alta
tecnología
full
article >
~Other
Articles
Senators
seek to balance privacy, security matters (Washington Times)
Two senators are proposing a privacy commission that would
examine new surveillance technology with the goal of balancing
security and privacy concerns
full
article >
Girding
Against the Copyright Mob
(Wired)
Opponents
of copy protection gather to mull strategy and make a unified
cry: Let the market decide, not the entertainment companies.
full
article >
Venture
Capital Investments Decline (New York Times)
Venture
capitalists continued to tiptoe through the high-tech wreckage
in the second quarter, sending investments in start-ups to
the lowest level in nearly four years, according to an industry
report to be released Tuesday.
full
article >
Southern
California venture investment trends consistent with national,
according to Ernst and Young/VentureOne Venture Capital Survey
Venture
investment in healthcare highest since the boom, information
technology companies left with less than 1/2 the pie.
full
article >
~Research
Larta
to release Orange County Report this August
This latest research report from Larta, due
out next month, will feature economic data and interviews
with leaders from Orange County's high tech industry. In an
effort to examine the current state of the region's health
and stability, the report, Raising the Curtain: The Technology
Economy of Orange County, will examine the obstacles that
curtail its growth, and the strengths which will help move
it forward as a leading economic and technology destination.
more
information >
