Starting a High Tech Business: Speed Pitching
I’m starting a new business called Kynetx. As I go through some of the things I do, I’m planning to blog them. The whole series will be here. This is the fourteenth installment. You may find my efforts instructive. Or you may know a better way—if so, please let me know! Most days lately, I've been getting dressed up and talking to people about Kynetx. I'd rather be in jeans writing code, but when you're raising money you're going to dress up more and code less. Raising money is a distraction from running a business and so should be
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Turning Shoppers Into Customers
Someone asked me for a one-paragraph description of Kynetx today. Here's what I sent them: Kynetx is an early stage ecommerce company focused on turning shoppers into customers. We provide online merchants with easy to use tools and services that give them the ability to merchandise in real-time to shoppers according to the shopper's individual context without changing their existing ecommerce toolset. Shoppers get a better shopping experience without sacrificing their privacy. Merchants sell more. The management team includes experienced ecommerce veterans Steve Fulling (CEO) and Phil Windley (CTO) who created the iMALL product strategy that successfully led to
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Larry H. Miller at the vSpring v|100 Lunch
Larry H. Miller, owner of the Utah Jazz, numerous car dealerships, and a member of the v|100 spoke at today's lunch. Here's a few note son what he said. He starts with two words of advice: don't stampede. Moving too fast causes you to dilute yourself. It's good to branch out, but doing it too fast will cause you to be ineffective. You have to learn how to run one unit that you manage yourself and can control before you branch out. That will cause you to manage differently. You then have to sell them the vision. Develop the
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v|100 List: I'm On It
I was chosen, for the fifth year in a row, as a member of vSpring Capital's v|100 list. Actually, the reason I started Kynetx was so that I wouldn't get kicked off the v|100. :-) The list is supposed to be of people most likely to start a high-tech business in the next five years, I figured this was my last year before people would start getting suspicious. From the announcement: The v|100 was created in 2004 by vSpring Capital as a tool to recognize outstanding entrepreneurs who have ties to the state of Utah. Members of the v|100
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v|100 Selection
I was chosen, for the fourth year, in a row, as a member of the v|100. The v|100 recognizes entrepreneurs with Utah ties and is sponsored by vSpring Capital, an early stage venture firm. From the announcement: Each year, vSpring asks members of the Utah business community to nominate individuals who are most likely to lead a successful startup venture in the next five to seven years in the IT (information technology) or biotech industries in a chief executive or chief technical officer role. Those nominees who garner the most votes from their peers in this second step of
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Who Wants To Be a VC?
Over the holidays I published a reduced schedule on IT Conversations. But we start the new year off with a full slate of great shows. Today I put up the Technometria show featuring Bryce Roberts of O'Reilly AlphaTech Ventures. Talking with Bryce was fun. At one point I asked him how one becomes a venture capitalist, so if you've ever wondered, give it a listen.
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