Week of March 3 - 9, 2003 ~  v.5, n.9

Venture Forum Company Profile: XCom Wireless
During one of technology's most intense venture capital droughts, CalTIP winners and 2002 Venture Forum presenters XCom Wireless accomplished the nearly impossible last week, closing an A-Round series with Ardesta for $2.5 million.
full article >

Venture Forum presenters in the news: U.S., Swiss quantum connection has potential for high payoff (Small Times)
Venture Forum 2002 presenters Maxima (profiled here), a San Diego-based optical wireless company,
is maximizing its chances in an emerging small tech market by exclusively licensing technology from Swiss-based Alpes Lasers. The market is in free-space optics, a wireless technology that beams data across open spaces or through windows at “fiberlike” speeds.
full article >

Weathering the Perfect Storm
by Martin D. Pichinson, Principal, Sherwood Partners, Larta University speaker

In today's current economic downturn, or the perfect storm, as I like to call it, companies are facing some of the toughest decisions they've had to make in decades. Not since Holland in the 1630's, or the 1835 British Rail fiasco, has such unprecedented prosperity been followed by such incredible fallout. There were of course smaller incidents of financial craziness, but the recent technology splurge ranks with the best.

full article >

Upcoming Larta Events

April 3: Venture Forum 2003
The Venture Forum 2003 will address new opportunities, current trends, market realities, and an outlook of the future of emerging technologies. In addition to presenting companies who define technical excellence, world-class experts will share their knowledge about meaningful investment opportunities amidst the current marketplace. Keynote speaker: Shaygan Kheradpir, Chief Information Officer, Verizon Communications; Albert Myers, Corporate Vice President and Treasurer, Northrop Grumman.

more information >


Larta University
February - March 2003

March 6: How to Avoid Common Business Pitfalls And Stay in the Black
This seminar will examine how entrepreneurs can avoid trouble and stay in the black despite the unpredictable economy. You will learn effective solutions for building a successful company and avoiding financial disasters. Learn ways to monitor cash flow and assets, extend runway, and reduce cash burn. Study companies that have failed and learn from their mistakes, as well as successful companies and learn from their successes. Martin Pichinson is a principal and founding partner of Sherwood Partners, Inc. Specializing in the restructuring and dissolution of technology companies, he is relied upon by many of the major lending institutions, law firms and venture capitalist firms to make tough decisions to improve, sustain or create an orderly liquidation of companies.
Location: Downtown L.A.
more information >

March 12 & 13: Attracting Capital
With the ever-worsening state of the VC industry, emerging companies need to know the most realistic options for financing. This workshop considers the pros and cons of different financing strategies, including government funding, loans, VC financing, and angel financing. Also discussed will be alternative strategies, such as partnering with customers, bootstrapping, and leveraging.
Locations: Irvine & West L.A.
more information >

March 18 & 26: PwC Expert Access #2: Accounting Issues for Emerging Technology Companies
Stock Compensation, Revenue Recognition, Equity Transactions, Research and Development are four areas of fundamental importance to emerging technology companies and four areas that have unique and often complex accounting issues. The goal of the course is to highlight key accounting and reporting matters and to give you a working understanding of what impact these areas have on your business and your business decisions.
Locations: West L.A. & Irvine
more information >

March 19: Hong Kong, The Springboard to China, produced by Larta and Invest Hong Kong
Come and explore alternate revenue sources from Asia Pacific using Hong Kong as a springboard. Learn how Hong Kong's new technology infrastructure can jump start your entry into China. Featuring Mike Rowse, Director-General of Investment Promotion, HKSAR Government; C.D. Tam, CEO, Hong Kong Science & Technology Parks Corporation (HKSTP); and Betty Fung, Coordinator, Cyberport.
more information >

~ New from Larta Research

Beyond Accession: The Globalization of China and Its Economic Impact on the U.S. and Other Trading Partners
This new white paper from Larta Research examines China's economy, which had already been robust and progressive prior to China's 2001 accession into the World Trade Organization (WTO). With data and analysis of the nation's recent economic history, this report examines how China's accession will affect the rest of the world, which industries will witness the most transformation, and what challenges and opportunities China's accession creates for the U.S. and U.S. businesses. The paper also addresses specific opportunities and obstacles for businesses and entrepreneurs interested in conducting business in China.
more information >
download the full report >

The 2003 Technology Innovation Index
The 2003 Technology Innovation Index builds upon 2002’s edition. Larta has refined the research methodology, updated and more closely defined the data sets, and more critically analyzed the results, allowing for a deeper examination of the infrastructure critical to technology industries. This year’s Technology Innovation Index will focus on the role of technology in education, and assesses its role in promoting achievement and facilitating innovation. Particular attention will be paid to educational systems and to data comparing Southern California’s counties with each other. In addition, the Index will include a brief introduction to issues and research related to the role of technology in education. Examining these issues will highlight the public policy considerations and reforms that will best support the sustained growth of the regional technology sector.
more information >

The 2003 Federal Technology Funding Guide
Sponsored by the Ewing Marion Kauffman Foundation
Larta has published its latest edition of the most comprehensive resource on government-facilitated programs for R&D, Winning Government Money, The 2003 Federal Technology Funding Guide. The report is recognized as the nation's leading survey on technology funding by the federal government (over $90 billion per year). With interest in government funding for technology at an all time high, this publication serves a relevant need for companies seeking this kind of assistance.
more information >

~ Other Articles

Sponsored By:

Business, Investment, and Entrepreneurship:

VC whispers (Red Herring)
Budding medical-device companies can benefit from aging baby boomers, and the VCs that see the opportunity they present.
full article >

Security:

Spy Agencies Tight-Fisted on Data (Wired)
While the U.S. government fine-tunes its computer networks to better fight terrorism, federal intelligence agencies can't agree on the best way to share crucial information with each other, let alone with state and local law enforcement.
full article >

Nanotechnology:

Commercialization Challenges Remain for MEMS (Nanotech Planet)
Despite profound technological advances that are being developed by the U.S. MEMS industry, it faces significant near-term fabrication challenges in moving MEMS devices from the lab to commercial products, according to a report by the MEMS Industry Group.
full article >

Digital Media :

Cyber-Blackbeards Beware (Washington Post)
Uncle Sam is getting serious about piracy. No, not the parrot-toting knaves of the high seas, but their modern-day broadband namesakes. The latest development: The Justice Department this week seized a domain name and Web site that traded tips and products about copyrighted movies and games. Officials are using the case to warn other potential pirates about the risks of swapping illegal files and copyrighted products on the Internet.
full article >



*********** Events Calendar ***********

This events calendar is provided as a service by Larta about events vetted and endorsed by Larta.

March 11 - 14: The National SBIR/STTR Conference
Small businesses can learn how to apply for, and what it takes to win, some of the $1.5 billion in U.S. Government R&D investments at the SBIR/STTR Grant Program, March 11-14, at the 2003 National SBIR/STTR Conference in Albuquerque, NM. The SBIR program funds high-risk projects at the earliest stages of technology development--before companies can attract venture capital--and works with you through that development and on into the actual commercialization of your product.
more information >

March 12: Lava Investment Capital Conference
The largest, most important conference of the year on sources of capital for emerging growth and middle market companies. Featuring 60 speakers, including R. Glenn Hubbard, Chairman, President's Council of Economic Advisers. Special $40 discount for VOX readers, use code LARTA23 (case sensitive).
more information >

March 18: CalTech/MIT Enterprise Forum Presents, Venturing in Medical Technologies
This panel discussion will focus on new ventures in medical devices
and what entrepreneurs want to know about: Where the emerging opportunities in the medical device field are, what the medical device field landscape will look like in five years, what the pitfalls in starting and growing successful medical device companies are, and what areas to avoid.
more information >

April 29 - May 1: National Nanotechnology Initiative
From Vision to Commercialization is designed to provide a comprehensive and in-depth look at the NNI. The focus of this exciting conference is to look at what areas are being funded and why, what the results of research have been to-date, and what avenues appear to hold commercial promise.
more information >

Larta's full event calendar >

***** Tech Marketplace *****
Larta University
Hong Kong
			The Springboard to China
			March 19
smalltimes
			BIG NEWS IN SMALL TECH
			get your free subsciption
FIDELYS
			Investment Banking Services
April 3, 2003
			Regent Beverly Wilshire
			The Venture Forum 2003
PricewaterhouseCoopers
			MoneyTree Venture Capital Survey & More
			The most comprehensive survey of venture capital investment
Tech Jobs CA
			Your link to local technology jobs and talent throughout California
Rainmaker & Sun
			Integrated Marketing
			Contact: Rena Conner for free marketing consultation
			818.789.9928
 
***** Sponsors *****
Mission Ventures
Ewing Marion Kauffman Foundation
Verizon Foundation
 
******** About Larta ********

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 services: 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.old.larta.org

Orange County Office
16269 Laguna Canyon Road
Suite 100
Irvine, CA 92618

(949) 789-1110

 

 

Sponsorship: To sponsor VOX or other Larta events or publications, contact
Carlos Gutierrez