If you were not able to attend this morning’s roundtable, here is the recording.
Make sure you register for the April 15 Online Strategy Roundtable for entrepreneurs to discuss your business issues with me.
During this 60-minute session, entrepreneurs are invited to pitch me their ideas in a three-minute presentation. I will review the material in real-time and provide feedback on each pitch, as well as address specific strategy questions from the entrepreneur. Afterward, I will take questions about strategy from other participants. The session is open to 1,000 people, but only the first five to sign up have the opportunity to pitch and discuss their business.
To register, click here:
Please read Entrepreneur Journeys ahead of time, because it would help me not have to address the same things over and over again that are amply articulated in the book.
The entire series is sponsored by DimDim, the Open Source web conferencing company.
Recordings of previous entrepreneurship webinars and roundtables are available here:
* April 9, 2009 – Strategy Roundtable for Entrepreneurs
* March 25, 2009 – Strategy Roundtable for Entrepreneurs
* March 11, 2009 – Strategy Roundtable for Entrepreneurs
* February 18, 2009 – Strategy Roundtable for Entrepreneurs
* January 2009 – Entrepreneurship Webinar
* October 2008 – Web 3.0 Product Strategy Roundtable
SM: How did you finance this company? Is it also a venture-funded company?
SS: It was funded by a select few angel investors and a private equity firm. >>>
TV still rules. According to Nielsen, in 4Q08 the average US household spent more than 151 hours per month watching television compared to slightly less than three hours watching video on the Internet and about 3.75 hours watching video on a mobile phone. But as watching online media becomes more common, it seems likely that consumers will increasingly demand solutions that deliver higher quality viewing experiences. Nokeena, founded in 2008, is one company that is trying to provide such a solution. Nokeena‘s new media infrastructure solutions deliver online media in way that provides a television-like viewing experience and dramatically lowers delivery costs. >>>
SM: Your background is not in technology. Where does your company’s technology come from? What you are suggesting is not an easy problem to solve.
SS: It is definitely not an easy problem to solve. Form follows function. The most important thing is to lay out and articulate our approach to the marketplace and show where we can add value. >>>
While most stocks across tech sectors are reflecting the economy’s depressed condition, Autonomy (AUTNF.PK)(LSE:AU), a leader in unstructured data management software, has been growing since its founding in 1996 and posted impressive results for the December quarter. >>>
Deal Radar last discussed the use of medical technology to treat a specific problem with VeraLight, which has developed a test to detect diabetes early. Today we look at SpineMatrix, an innovative medical technology company specializing in advanced spinal diagnostics. The company has developed the Lumbar Matrix Scan, a diagnostic procedure which can produce an all-inclusive physiological image of the lower back. The system uses an array of non-invasive, deep-penetrating electrodes and generates an image to measure paraspinal neuromuscular activity. With the results of the scan, a physician can diagnose the reason behind low back pain and tell the patient if the source of the pain is a disc, a facet or a muscle. >>>
SM: It sounds as though physicians need to be on some form of EMR system to use Phytel. Is that correct?
SS: No. If we had architected our solution to be dependent on EMR, then we would only have access to 5%-10% of the marketplace. We can access EMR data, and we will do more of it in the future. >>>