Archive for February 2008

How to turn around a failing business

Feb 24th, 2008 | By Startup Addict | Category: Splattered Thoughts

A business acquaintance of mine recently asked for advice to a question every entrepreneur dreads…How do I turn around my failing business? First off, there is no panacea for a failing business and every situation is unique even with best management practices, regardless of industry type.
I thought long and hard before giving my answer [...]



We have our head in the clouds.

Feb 22nd, 2008 | By Startup Addict | Category: Startups

Cloud computing is coming on strong these days where the WebOS is the new desktop. Cloud computing is a web based operating system hosted remotely and accessed via your Internet browser. Two players that have their head in the clouds are Cloudo and iCloud ironically related by the letter “X”. Cloudo was formely known [...]



Lotame gets big funding from Battery Ventures

Feb 18th, 2008 | By Startup Addict | Category: Social Advertising

Lotame closed a multi-million dollar series A deal led by Battery Ventures. Lotame is a social media aggregator that focuses exclusively on helping advertisers and publishers monetize the ad space/inventory available on social networks. Lotame keeps the consumer interests at heart as well. A statement from the press release gives a better summary:
Lotame is [...]



Amazon Web Services S3 goes down!

Feb 15th, 2008 | By Startup Addict | Category: Uncategorized, Web 2.0 and Beyond

Amazon had a unknown server outage today starting at around 5am and lasting until quarter-past 7am. The reports in main stream media and blogs have been comical based on how quickly people want to throw AWS (Amazon Web Services) under the bus. Granted Amazon does not have a SLA (service level agreement) but, is that [...]



FastCompany not so Fast…

Feb 11th, 2008 | By Startup Addict | Category: Startups

TechCrunch just reported FastCompany has turned social network. It has eerie similarities to StartupAddict.com. It was built on Drupal with OpenID just like SA 2.0. It appears tardiness is the price SA 2.0 is paying for bootstrapping. However, we’re almost out of the box and now have a solid foundation for expandibility that SA 1.0 [...]



Social Networks losing Luster?

Feb 11th, 2008 | By Startup Addict | Category: Social Networking

Techdirt poses an interesting counter argument to the typical rocket growth conversations among social networks lately, pointing out coincidences like Bill Gates killing his Facebook page on the heels of Microsoft’s recent $240 million FB investment. Techdirt also discusses the current declining growth trend among early adopters in the social networking space including my favorite, [...]



Starting a Real Estate Brokerage firm

Feb 9th, 2008 | By Startup Addict | Category: Real Estate Development

Forbes had a great article on entrepreneurs debating whether to start a real estate brokerage firm. The article focuses on 8 core systems that are a must review for the real estate potentials:
1. Legal Structure
2. External Threats
3. Marketing Tactics
4. Must-Have Technology
5. Important Performance Metrics
6. Start-Up and Ongoing Expenses
7. Permits
8. Sourcing Supply
As a [...]



10 Deadly sins of Startups.

Feb 8th, 2008 | By Startup Addict | Category: Startups

I was cruising through the various documents available at Scribd ( previous coverage here) and ran across the 10 Deadly sins of Startups that entrepreneurs encounter by Bill Baloglu. The document is well drafted with elbow grease experience and the typical red flags of the startup journey.
** Use the slider bar at the [...]



Is Google buying Plaxo for $200M

Feb 7th, 2008 | By Startup Addict | Category: Web 2.0 and Beyond

Google is rumored to be buying Plaxo for $200 million. According to ValleyWag the move may be out of complete friendship between Brad Fitzpatrick at Google and Joseph Smarr, Plaxo’s chief platform architect. Whatever the reason this acquistion does fit in with Google’s OpenSocial plans dispite a heavy price. I might just be frugal [...]



123People.com enters people search engine space.

Feb 6th, 2008 | By Startup Addict | Category: Startups

A new entrant to the “people search engine” space 123People.com. According to TechCrunch (waiting for private invite to further test) the company is in private beta only. Where 123People differs a bit from competitors is by aggregating more tangible personal information like phone numbers, email addresses etc. This could be one area that places [...]