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Top
Stories
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Jack
Valenti's Piracy Nightmare
For
the film industry, online digital music may have been the
canary in the coal mine. Now that the canary is on life-support,
film industry leaders better learn from the mistakes of
the music industry before they're doomed to repeat them.
Technology
Treasure If You Know Where to Dig
Bill Gates and Larry Ellison built their companies by purchasing
existing technologies from businesses that had no further
use for them. Tech transfer opportunities still abound,
if you know where to look for them.
The
Death of CalTIP
The budget signed by Governor Davis last week eliminated
funding for the California Technology Investment Partnership
(CalTIP) program, which has created more than 11,000 jobs
in its ten-year history. Cutting the program's $6-million
budget does little to help the state's 38-billion deficit,
and may result in further economic hardship for California
in the future.
Troika
Networks Raises $13 Million
Troika
Networks, Inc., the pioneer of the Network Storage Services
Platform approach to SAN-based intelligence, announced it
has raised a $13 million round of financing. Anthem Ventures
Partners led the round, which included Draper Fisher Jurvetson,
Dynafund Ventures, Windward Ventures, and Hamilton Apex
Technology Ventures. Troika Networks participated in Larta's
1999 Venture Forum. Companies have raised over $500 million
as a result of their participation in The
Venture Forum since it began in 1994.
Larta
in the News
Larta
Names Best In Nano Republic
(Small Times)
Three firms were recognized for offering today's most important
nano-related products and services in the 2003
Nano Republic Awards.
Rohit
Shukla on KNX Radio
Rohit Shukla, Larta President & CEO, was featured on
KNX 1070 Radio's Business,
High Tech and Entertainment Hours as part of their New
Business Challenge. Rohit critiqued business elevator pitches
sent by listeners, and chose the best for the chance to
submit business plans and have them presented to investors.
Fidelys
in the News
Fidelys
LLC, Larta's consulting partner, has received a great
deal of attention for its recently announced deal with Summit
Specialty Chemicals LLC, a subsidiary of Japan's Sumitomo
Corporation. Read about it in Larta's Press
Archive.
Now
Available: Bioinformatics
White Paper
Learn more about bioinformatics and the obstacles preventing
it from emerging into a profitable sector within the life
sciences industry.
Coming
Soon: Nanotechnology White Paper
This white paper will track the growth of the nanotechnology
industry and how it has transformed a broad range of industries,
making it the biggest thing in technology since the Internet.
Technology
Fellowship Grants
The
Technology Excellence Fellowship (TEF) Program offers competitive
grants to cover a share of the costs of hosting middle to
senior level managers and executives for professional training
in U.S. business practices. TEF helps American organizations
form relationships with potential customers, distributors,
or partners in Israel who can assist in facilitating profitable
international transactions. Any American profit or nonprofit
organization or institution may apply.
VentureNet
2003 Call for Applications
Software Council of Southern California is accepting applications
to present at VentureNet 2003, September 2-3 in Dana Point,
California. VentureNet is an excellent fundraising opportunity
for Southern California software and information technology
companies. The audience will include venture capital firms,
investment bankers, angel investors and angel groups. For
Larta VOX readers, the Software Council will waive the $35
application processing fee - enter discount code FRIEND.
Application deadline is August 11, 2003.
Tech
Interns
Available
Technology entrepreneurs from Japan are available for unpaid,
part-time internships with US technology companies. These
hand picked and innovative entrepreneurs are determined
to offer tangible help to your business. In addition to
their internship work, they can serve as an introduction
point for emerging trends in Japanese technology. For further
information, please email Stefanie Chao
at
schao@old.larta.org.
Full
list of Larta's publications >
Send comments,
articles, requests and suggestions to James Klein, Larta VOX Editor,
at voxeditor@old.larta.org
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Larta
University
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PricewaterhouseCoopers
Expert Access Series
This series combines Larta Universitys classroom-style seminars
with the advisory expertise of PricewaterhouseCoopers (PwC) to provide
a set of four high-impact workshops that address finance, audit,
tax and accounting topics for technology start-ups. Classes are
interactive and structured to present the most important aspects
of accounting for growth and start-up companies. Instructors are
PwC Partners with extensive experience serving technology companies
and who understand the key business and accounting issues that are
inherent in the industry. Classes are basic to intermediate level
and require no prerequisites and no advanced preparation. CPE credits
are available for Accounting and Auditing and/or Taxation.
Locations: Los Angeles and Irvine
August 5:
Preparing the Financial Forecast Model
This workshop will explain how to build a financial forecast model.
Using Excel, you will learn how to create your forecast from the
bottom up, using the primary elements of your business (sales, cost
of goods sold, staffing and overhead) to construct an accurate Income
Statement, Cash Flow Statement and Balance Sheet in a format that
potential investors will find attractive.
Location: Downtown Los Angeles
August 26:
Protecting
Trade Secrets from Employees and Contractors
Trade secrets are some of a company's most important assets, but
unlike patents, they're often overlooked and not properly protected.
Many companies are not even aware that certain lists, techniques,
formulas, processes and/or methods are considered trade secrets,
which can be legally protected. This session will teach you to identify
your trade secrets, take appropriate practical and legal measures
to protect those trade secrets, and will discuss why doing so provides
a competitive edge and adds value to your company's bottom line.
Location: Downtown Los Angeles
September
17 & 18: Entrepreneurship Series #4: Protecting
Your Technology: Intellectual Property
Rights
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.
Locations: Century City and Irvine
September
23: Successful Negotiation Series #2: The
Difficult Negotiation
Effective, professional tactics for dealing with real-life difficult
negotiation situations, such as "uphill" negotiation where
one party has substantially more negotiating power. Structural techniques
for successfully dealing with uncertainty in negotiations will also
be discussed. The three-hour workshop includes interactive team
and individual exercises that help to consolidate new negotiation
skills. The instructor is Eric Klein of Shaw Pittman LLP.
Location: Downtown Los Angeles
Larta
University's full course schedule >
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Top
Stories in Hot Technology Sectors
Biotech
Lion
Bioscience Expects Break-Even Q4 (Bio IT World)
Lion Bioscience AG reported a significant decline in first quarter
revenues,citing slowed investment from the life sciences industry,
but said that cost-cutting measures would allow it to break even
in the fourth quarter.
Wireless
Telecom
Giant Barred From US Contracts (LA Times)
Federal agency says WorldCom lacks internal controls and business
ethics.
Software
AOL
Tries to Stop the Bleeding (Wired)
America Online released Thursday an overhaul of its software that
relies on improved tools and content to keep current customers from
defecting, even as the company's dialup business continues to shrivel.
Internet
Efforts
to Stop Music Swapping Draw More Fire (New
York Times - registration required)
The recording industry's stepped-up pursuit of online music swappers
faced two new challenges yesterday, as SBC Communications questioned
the constitutionality of theindustry's tactics in a lawsuit and
Senator Norm Coleman opened an inquiry on whether the anti-piracy
campaign is violating the privacy rights of innocent people.
Investments
Venture
Funding Up From the Abyss (Los Angeles Times)
Amount invested rises nationwide, and doubles in Southern California,
in the second quarter.
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Events
Calendar
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This
events calendar is provided as a service by Larta about events vetted
and endorsed by Larta.
August 4-5:
iWireless
World
Meet industry leaders at LA's largest wireless industry event. Join
our third annual summit devoted to the practical solutions for wireless
enterprise, mobile computing, consumer content and applications.
August 5:
Preparing the Financial Forecast Model
This Larta U workshop will explain how to build a financial forecast
model using Excel to create accurate Income Statements, Cash Flow
Statements and Balance Sheets in a format that potential investors
will find attractive.
August 12:
14th
Annual Venture Capital Panel
Part of the Los Angeles Venture Association (LAVA) Breakfast Meeting
series. Learn about what's changed in the industry and in the venture
capitalist's approach to their portfolio companies from a diverse
array of panelists from Southern California venture capital funds.
August 12:
Accounting
& Taxes for Technology Companies
A
class at the Los Angeles County Community Development Commission's
Business Technology Center taught by Yvonne Flint, CPA; Jim Rider,
CPA, MBT; and Mark Schaefer Associates of Mark Schaefer Associates.
August
20: Build
Your Brand with Public Relations
Brown bag lunch series by LACCDC's Business Technology Center. A
public relations campaign is essential for launching new products,
creating new markets and establishing the credibility of new technology
companies. Successful public relations consultants Michael Goldstein
and Robert Sax will discuss strategies and tactics that will put
your company on the road to recognition and riches.
August 21:
Big
eSchmooze
The San Diego Regional Technology Alliance (RTA) presents the fifth
annual Big eSchmooze at the San Diego Aerospace Museum. The
RTA has partnered with UCSD CONNECT and BIOCOM to make Big eSchmooze
2003 the biggest and most powerful tech and biotech networking
event San Diego has ever seen.
August 26:
Protecting
Trade Secrets from Employees and Contractors
Trade secrets are some of a company's most important assets, but
unlike patents, they're often overlooked and not properly protected.
This Larta U session will teach you to identify your trade secrets,
take appropriate practical and legal measures to protect those trade
secrets, and will discuss why doing so provides a competitive edge
and adds value to your company's bottom line.
August 26:
Venture
Physics I Harnessing Market Forces for High-Tech Venture
Growth
The Business Technology Center hosts this program for high-tech
companies. Markets adopt advanced technology in a predictable and
characteristic manner. This characteristic is the result of powerful
economic and market forces governing the adoption of new technology
and the sensitivity of buyers to risk and uncertainty. By harnessing
these forces, ventures can catapult themselves into new markets
with minimum cost and effort.
Larta's full event calendar
>
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Larta
Job Opportunities
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Larta currently
has the following job opportunities available. Interested
candidates please email resumes to jjohnson@old.larta.org.
Business
Development Associate
Business
Development Associate will assist the Business Development
Director with sales, new business sourcing, and marketing.
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Since
1993, Larta has been closely involved with cutting-edge business
trends, growing sectors, and innovative companies. We apply this
"insider" knowledge to help our clients find new customers,
open new markets, tackle tough issues, and raise capital.
Companies helped
by Larta have raised over $1.5 billion in capital. Larta's seminars
provide insights to 1,000 businesspeople each year. Larta's weekly
electronic magazine on business innovation is read by 20,000 people.
www.old.larta.org
714
W. Olympic Blvd.
Suite 750
Los Angeles, CA 90015
Tel: (213) 744-1314
Fax: (213) 744-1791
Orange
County Office
16269 Laguna Canyon Road
Suite 100
Irvine, CA 92618
(949) 789-1110
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Sponsorship:
To sponsor VOX or other Larta events or publications, contact
Carlos Gutierrez |
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