What startup news should I bring up when I'm on Jason Calacanis's This Week in Startups on Monday?
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M$5 Answers
Startup News Archives for May 2009
http://www.topix.com/startups/2009/05
Archive: Business Trends: May, 2009
http://www.trendhunter.com/archive/category/Business-Trends/2009/5
Business news archive - metrogreenbusiness.com
http://www.metrogreenbusiness.com/news/green.php/2009/05/
SELECTED ITEMS OF INTEREST:
(from metrogreenbusiness.com above)
- organic agriculture stimulus funding
- important funding for organic agriculture small business
up to $20,000 per application across the U.S. totalling $50 million
deadline to apply is in May.
USDA Offers Funds Toward The Production of Organic Food
By Betsy Kraat
http://www.metrogreenbusiness.com/news/green.php/2009/05/06/p1988#more1988
-funding resources, sources or new ways to find funding always of interest
Stimulate Your Business
These organizations can help match your business with stimulus projects.
"Ashman's also optimistic that policymakers and politicians are noticing that small business is where jobs are and should be created. "The most encouraging thing I see with the stimulus package is an across-the-board recognition of the significance of the role of small business."
http://www.entrepreneur.com/money/article201532.html
-saving money for business in any way is always of interest
Energy-saving steps this year may result in tax savings next year
http://www.strausnews.com/articles/2009/05/11/photo_news/news/26.txt
-women are half the population - what is the changing face of women in business?
Women launch businesses in quest for family time
http://www.nwitimes.com/articles/2009/05/11//business/business/docb56233e0b1752495862575af0075e6d4.txt
Retailer customizes business for women
http://www.jg-tc.com/articles/2009/05/11/features/business/doc4a04daeb58ce8560687958.txt
UAE to launch investment firm for women
"The chief executive of Al Jaber Holdings said the new company was prompted by a surge in Gulf female personal wealth following seven years of an oil boom and the need to allow women to break out of the traditional sectors and take to new investment fields.
Citing independent estimates, she put the total personal wealth accumulated during the oil boom in the six-nation Gulf Co-operation Council (GCC) at more than $6 trillion (Dh22trn), including about $350 billion managed by nearly 50,000 women."
http://www.zawya.com/Story.cfm/sidZAWYA20090510035210/UAE%20to%20launch%20investment%20firm%20for%20women
-government and small business is always of interest especially if there are benefits or problems for business
SCORE: Obama’s rescue plan for small business
http://www.naplesnews.com/news/2009/may/10/score-obamas-rescue-plan-small-business/?partner=RSS
-helping small business deal with larger issues -tips etc. is this worksheet for small business to assess swine flu of interest?
(U.S. has more swine flu cases than Mexico now)
Lucas County offers small firms pandemic-planning help
http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20090511/NEWS32/905110328
- new small business tools and resources that can help them are always of interest
(press release)
CFO GENIE The First Simplified & Automated Financial Analysis System for Business Owners Who Have NO Financial Training
http://www.prweb.com/releases/financial/analysis/prweb2351364.htm
- challenges for business, trends affecting the bottom line, diverse perspectives re: change in business etc.
Credit Crunch Has Small Business Crying ‘Help!’
"A wave of small business failures is contributing to Los Angeles’ 12 percent unemployment rate, and Barragan says the worst is yet to come—when the shopping malls fail and the commercial real estate sector crashes. “We haven’t seen the other shoe drop,” he said. "
"Sokhom is also watching the slow-motion crisis. He monitors bankruptcy listings published in the LA Business Journal, and until recently, Asians owned about 5 percent of those failed businesses. Now they account for about 50 percent. “For Asian groups, many use their homes to finance their business,” he said. “When business is going down, they are risking both their homes and business.”
"Given the gloomy climate for existing small business, it might seem like the worst possible time to start up a new one. But community advocates say that there is surging interest in new start-ups, especially as the economy sheds jobs and more people turn to self-employment. "
http://news.newamericamedia.org/news/view_article.html?article_id=77a648a992808019b54944369dfd2377&from=rss
Small Businesses Hugely Reliant on Credit Cards According to New NSBA Survey
http://news.yahoo.com/s/usnw/20090510/pl_usnw/small_businesses_hugely_reliant_on_credit_cards_according_to_new_nsba_survey
Is the recession suffocating business ideas?
"Venture capitalists invested just $3 billion in the first quarter of the year — down 47 percent from the fourth quarter of 2008 and the lowest level since 1997, according to the National Venture Capital Association. Bank loans and “angel capital” — money that friends and families and wealthy individuals cough up to support innovation they personally believe in — also are contracting."
http://www.thetandd.com/articles/2009/05/11//business/doc4a04e0bf6f799194323995.txt
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M$If not Detroit, then where? What is the next big startup town that's just barely even on the radar yet?
http://www.detnews.com/article/20090509/BIZ04/905090352/1013/rss12
2. News broke midday Friday that Warner Music is pulling support from startups Lala and Imeem - digital music startups. Is the music industry shooting itself in the foot by not doing more to work with industry startups? Or are they being appropriately protective of their assets? How will this affect consumers in the long-run?
Is there a future in entertainment startups? Or will industry copyrights and legal battles strangle the potential for the forseeable future?
http://www.salon.com/tech/giga_om/tech_insider/2009/05/07/is_warner_music_killing_music_startups/index.html?source=rss&aim=/tech/giga_om/tech_insider
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M$What is working? What is not working? Why?
and What is the general temperature of funding?
This is a different spin on a news segment that is very specific to startups. If "the news" was broken down into 3 clear and regular segments, this would be a very powerful thing, well... for me anyway :)
Here are the 3 sections that I would be interested in:
1)
What is working?
What new companies have started recently that are not only exciting and interesting, but specifically how do they fit into a formula of what is going to work with decreased online ad revenues?
2)
What is not working?
What companies are failing? What are they doing wrong and what could they do to course correct?
I'm not suggesting an expanded deadpool, but rather a clear review a company or two that is making a few bad decisions but is otherwise doing well. Why are these bad decisions and what do you think that they should do to improve?
3)
What is the current temperature of financing?
Many startups aren't interested in the doom and gloom news and simple statements like "no one is lending". I think that we're interested in knowing a tech specific, general outlook that will give us an idea of the volume of capital available.
I'm not sure if this is exactly the answer that you were looking for, Andrew. However, I don't think that startup business owners are interested in the regular stuff we can read quickly in an rss feed of the startup blogs we follow. I'd be interested in a twist news segment that didn't hold any punches and told me clearly what worked, what didn't and how the money was looking.
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M$For example, how many of the startups on startup weekend actually take off and remain?
How can people find out more information about startup weekend?
How does one arrange a startup weekend?
etc.
http://startupweekend.com has a lot of this info, but I think it would be great to mention it on the podcast and talk with some people behind it.
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M$