February, 2007
Want a healthy startup? Grow your network.
To put it simply, this is why SacStarts exists.
After an eight-year study of successful and unsuccessful startups and their founders, researchers have concluded that founders of startups are more successful if they have a strong network of other entrepreneurs. read more »
EngineYard in GigaOM
GigaOm has an article on Engine Yard’s pricing strategy.
By using the EngineYard service for a few months, developers can judge for themselves how good (and scalable) EngineYard services really are without banking on marketing spiel. The biggest downside of the upgrades is that Engine Yard will have to constantly add more support staff, which means that the cost advantages of running a large cluster could simply vanish. read more »
How many founders
Brad Feld asks how many founders do you need to be a success?
I just looked through the companies I’m currently on the board of. The number of founders range from 1 to 4 with a concentration of 2 and 3. The few companies that have single company founders paired up with an experienced entrepreneur as CEO early in their life. read more »
Startups on the Cheap
Should you be a cheapskate to run a startup?
Sac Executive has a summary of an article suggesting that the single most important thing in your startup during the early days is capital. It needs to be conserved and only spent when absolutely necessary. read more »
Sacramento Executive Photos!
If a picture is worth a thousand words, then 48 pictures are worth 48,000 words! So instead of me writing all weekend long for just one blog entry, you should take a look at the photos geof lambert took at the most recent Sacramento Executive event held at Il Fornaio in downtown Sac. Good time, good food, good people, and it's not uncommon to end up with a hot date with an investor, entrepreneur, or potential employee/collaborator for your startup. If you're in Sacramento and you're reading this, you have no excuse not to come to the next one!
Startupping
Mark Fletcher, the founder of Bloglines and ONEList (now Yahoo Groups), has launched Startupping, a new community resource site for entrepreneurs.
Startupping is a blog, forums, and a wiki for entrepreneurs. Another startup wiki, Social Text’s startup exchange gathered a lot of good content but withered from neglect. Let’s hope that Startupping’s wiki takes on a similar set of content and continues to grow and thrive. read more »
Skycar developer loses $1.5 million
Moller International, the Davis company that’s developing a flying car called the Skycar, announced it had lost $1.5 million in 2006. The company blamed increased legal costs and lower than expected sales for the loss. read more »
Get some experience
Alex Muse from Spur has some advice for young, entrepreneurial-minded people: go work for a Fortune 500 business for a while. read more »
Startup locations
Does it matter where you locate your startup? While it seems that the SF Bay Area is the most fertile breeding ground for startups, is it necessary to launch there? read more »
WebRaiser acquired
Sacramento’s WebRaiser has been acquired by Flextronics International of Singapore. Bob Shallit reports in the Sacramento Bee that the details of the deal will be announced in April. read more »
Startup Profile: WhosOnMyPage
Company: WhosOnMyPage
Founded: March 2006
Founders: Mike DiCarlo and Layton Wedgeworth
WhosOnMyPage just did a re-launch on February 9th, which included support for tracking the social networks Bebo, Friendster, and Hi5. This is a Sacramento company, and the guys are regulars at SacStarts dinners. read more »
DMGI and YouTube
Digital Music Group announced a distribution and revenue sharing agreement with YouTube today.
At the World Economic Forum in Davos, YouTube founder Chad Hurley annouced that YouTube would begin showing three-second pre-roll advertising on select videos and sharing the revenue with the video publishers. read more »
CoreLogic Acquired by First American
Rancho Cordova based CoreLogic, a maker of fraud detection software for the mortgage industry has been acquired by First American for $100 million in cash and an unspecified amount of stock. The company will remain in Sacramento. read more »
