A Real-Time, Multimedia Social Network You Might Not Know: Paltalk CEO Jason Katz (Part 4)

SM: How does your revenue break down between subscription and ads?

JK: About 85% of our revenue comes directly from consumers paying. The other 15% is from advertising. >>>

Interview Series With Thought Leaders In Cloud Computing Announced

To help bring entrepreneurs closer to thought leaders and early adopters in cloud computing, Sramana Mitra has launched a new series of in-depth interviews – Thought Leaders In Cloud Computing. You can find the announcement and more details here.

From Niche E-Commerce To Web 3.0

As you know, we’re working with many e-commerce entrepreneurs in 1M/1M. We see every flavor of niche company selling everything from eco-friendly lawn mowers to plus-sized women’s clothing to luxury yarns to fountain supplies to sheet music to window blinds to . . . you fill in the blank!

As I have studied these companies over the past few years, I have become convinced that the time has come for entrepreneurs to stop thinking about e-commerce and start thinking of their business as Web 3.0. >>>

1Mby1M Incubation Radar 2010: Actifio

Actifio is a data management virtualization (DMV) software company that provides data protection, disaster recovery, and business continuity solutions to IT organizations for virtual and physical IT environments. Its products, which Actifio just launched a couple of weeks ago, are designed to make it easier for companies to copy, store, move, and restore data. >>>

A Real-Time, Multimedia Social Network You Might Not Know: Paltalk CEO Jason Katz (Part 3)

SM: When you first started were there any other companies competing in the social IM space?

JK: There were some companies that came out focusing on voice conferencing via the Internet. LibStream, FireTalk, and HearMe were the most significant, and all were well funded. HearMe was a public company and had $270 million in public and private funding. >>>

Entrepreneur Journeys Book Review: Push Of Encouragement To Set You On The Path To Success

Here is Charles Ashbacher’s review of Innovation: Need Of The Hour (Entrepreneur Journeys, Volume 4) on Amazon.com:

“It is hard to argue with the basic premise of this collection of interviews, namely that innovation driven by entrepreneurs is the key to solving the biggest problems of today. The near financial collapse of late 2008 destabilized markets all around the world and the current levels of governmental budget deficits in the United States are unsustainable. Add in the devastating potential for climate change and it is easy to descend into a state of despair over the state of the world.

This collection of interviews with people that have started companies with new approaches to problems will give you hope. The interviewees are dynamic, original, intelligent and extremely positive about what they are doing. It is also refreshing to hear from people whose goal is to change the world rather than simply extract cash from it. The interviewees are also refreshingly candid about what they see as the failures of businesses to look beyond three months and their inability to accept short-term reductions in share value in order to reap much greater value in the future. A specific point of emphasis is in how the entrepreneur can fund their idea without having to give up critical control of their company.
>>>

Flipkart.com Now Selling All Of Sramana Mitra’s Books In India

For all those in India who have been inquiring about the availability of Sramana Mitra’s books, all are now available here from Flipkart.com.

Next 1M/1M Strategy Roundtable For Entrepreneurs On September 9

For entrepreneurs looking to discuss positioning, financing, and all aspects of a startup venture, this FREE online 1M/1M strategy roundtable will be held on Thursday, September 9, 2010, starting at: 11 a.m. EDT/8 a.m. PDT/8:30 p.m. IST. We hope you will join us and let other entrepreneurs know. You can find more details and register here.