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  • BASES

    18 May 2009
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  • Table of contents:

    1. Member Updates
    2. Coming Up in BASES
    3. Featured BASES Events
    4. Featured Bay Area Events
    5. Acknowledgements & Event Submission

  • 1. Member Updates

    ** Working this summer but want to study entrepreneurship? TheFunded Fouder Institute is launching its inaugural entrepreneurial training program for new company founders. The program lasts 4 months and meets once a week in the evening to go over exciting business coursework with their team of 25 company CEO's and mentors. Scholarships are available. http://www.foundersinstitute.com

  • 2. Coming Up in BASES

    Monday, May 18th:
    > European Entrepreneurship & Innovation Thought Leaders Seminar
    > SDForum Startup SIG: Entrepreneurship - The Female Perspective

    Tuesday, May 19th:
    > MIT Vlab and Stanford Present: Transforming Journalism - What are New Business Models & Entrepreneurial Opportunities

    Wednesday, May 20th:
    > ETL Seminar featuring: Steve Westly, Former CA Controller

    Thursday, May 20th:
    > Sales for Startups
    > SVASE BIG EVENT: Life Science  Financing and Exit strategies for Medical Device Startups in an Uncertain Economy
    > SIPA: The Lean Startup--Build confidence in your venture

    Friday, May 22nd:
    > Coaches-on-Call: Neerja Raman, Social Entrepreneurship

  • 3. Featured BASES Events

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    Monday, May 18
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    European Entrepreneurship & Innovation Thought Leaders Seminar
    4:15PM to 5:30PM ~ Skilling Auditorium
    Stanford University

    This Week's Topic: European - US Angel Investor Groups Mini-Summit

    This Week's Speakers:
    * Claire Munck, Managing Director, European Business Angel Network (EBAN)
    * Marco Villa, Managing Director, Italian Angels for Growth (Italy)
    * Arne-G. Hostrup, CEO, netzwerk | nordbayern (Germany)
    * Kit Hunter Gordon, Chairman and Managing Partner, Seraphim Capital (UK)
    * Marianne Hudson, Executive Director, Angel Capital Association (USA)
    * Laurie Lumenti Garty, Managing Director, Silicon Valley Bank (USA)

    Stanford University's European Entrepreneurship and Innovation Thought Leaders Seminar is a weekly speaker series that presents industry leaders from Europe's hitech startup, venture finance, corporate and university research and technology commercialization communities to share their insights and experiences with aspiring and veteran entrepreneurs from Silicon Valley.



    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Tuesday, May 19
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    MIT Vlab and Stanford Present: Transforming Journalism - What are New Business Models & Entrepreneurial Opportunities
    6:00PM to 8:30PM ~ Arbuckle Lounge and Bishop Auditorium, Stanford GSB
    Stanford University

    Reputable national newspapers such as the Tribune Company and New York Times are in financial crisis, and many local newspapers have stopped publishing. How will journalism and the news business evolve with technology? What are the new opportunities for entrepreneurs? How can high-tech innovators build new business models around news and the barrage of newly unemployed journalists?

    Join us and explore opportunities presented by the turmoil in the news industry and the business models being tried out by incumbents and new entrants. This event will bring together both old and new media companies, journalists and investors trying to reshape the news industry.

    Moderator
    - Heather Harde, CEO, TechCrunch

    Panelists
    - Guy Kawasaki, Founder, AllTop
    - Rob Curley, President and Executive Editor of Greenspun Interactive, Las Vegas Sun
    - Ann Grimes, Acting Director, Graduate Program in Journalism, Stanford University
    - Norman A. Fogelsong, General Partner, Institutional Venture Partners
    - Larry Magid, Tech Analyst, CBS News & CNET and Columnist, San Jose Mercury News & Palo Alto Daily News



    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Wednesday, May 20
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    ETL Seminar featuring: Steve Westly, Former CA Controller
    4:15PM to 5:30PM ~ Memorial Auditorium
    Stanford University

    Steve P. Westly is the Founder and Chief Executive Officer at The Westly Group. Prior to founding the firm, he served as the Controller and Chief Fiscal Officer of the state of California. Throughout his career, Mr. Westly has developed expertise in fiscal management. He brought determination and commitment to the State Controller’s Office at a time when California was facing a severe fiscal crisis. In the private sector, Mr. Westly guided eBay through a period of rapid growth, serving as a Senior Vice President of Marketing, Business Development, Mergers and Acquisitions, and International Operations. Currently, Westly is California Campaign Co-chair for Obama for America and is a member of the campaign's finance committee.

    Don’t forget about the scheduled dinner that will follow the presentation! Enrolled Stanford Students are encouraged to apply at http://etl.stanford.edu/dinners/form.shtml

    Stanford University's Entrepreneurial Thought Leaders Seminar is a weekly speaker series in which innovation leaders from the fields of business, finance, technology, education, and philanthropy, share their insights with aspiring entrepreneurs from all over the world.



    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Friday, May 22
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Coaches-on-Call: Neerja Raman - Social Entrepreneurship
    2:00PM to 4:00PM ~ Terman Engineering Center, Room 419
    Stanford University

    Neerja Raman is a recognized author and executive in management research. Neerja is former Director, Strategic Planning and Imaging Systems Lab, Hewlett Packard Labs and currently Senior Fellow at Stanford University where she is developing business and leadership models for social entrepreneurs.

    She is on the advisory committee for Cyber-Infrastructure, National Science Foundation and board member of several non-profits. She was inducted into the Women in Technology International Hall of Fame in 2005 for global leadership and was recognized with a Distinguished Citizen Award by Federation of Indo Americans in 2006. Neerja’s book, “The Practice and Philosophy of Decision Making” was featured in the category “Books that Empower Women” by WITI. Her research at Stanford has been published in various conference proceedings and as chapter “Eco-Stacking: A Strategy for Success in Social and Business Agendas” in the summer 2007 book “Innovative Approaches to Reducing Global Poverty”. Neerja is a graduate of the Kellogg Executive Program, Northwestern University, and has Masters degrees from S.U.N.Y Stony Brook, New York and Delhi University, India.

    Neerja is active in the community. She has been a United Way Chair at HP. She serves on the advisory board of Maitri, a women’s self empowerment organization, is a member of Indian Business and Professional Women and executive director of IWE. Federation of Indo-Americans has recognized her accomplishments as an author and technologist with an award of distinction.

    To register, please select a meeting time online and send an email to Belen (belen@stanford.edu) with a short write-up as to why you want to see the coach.

    http://sentest.stanford.edu/coaches_overview

  • 4. Featured Bay Area Events

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Monday, May 18
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    SDForum Startup SIG: Entrepreneurship - The Female Perspective
    6:30PM to 9:00PM ~ Orrick - 1100 building
    1100 Marsh Road, Menlo Park, CA 94025

    ENTREPRENEURSHIP FROM WOMEN'S PERSPECTIVES This joint program of SDForum Start-Up SIG and SDForum Tech Women's Program will feature a panel of women who have started their businesses within the last 5 years. Panelists will share the stories behind founding their companies, commenting on how their experience may have differed from that of their male colleagues.

    Moderator: Francine Gordon, Ph.D. Founder & CEO, F Gordon Group

    PANELISTS:
    - Karen Northup, Founder and Chief Executive Officer, Corefino, Inc.
    - Rashmi Sinha, CEO & Cofounder, SlideShare
    - Shirley X. Lin, CEO & Cofounder, WooMeOver



    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Thursday, May 21
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Sales for Startups
    5:00PM to 8:00PM ~ San Jose Entrepreneur Center
    84 W. Santa Clara Street, Suite 100 San Jose, CA, 95113

    The course focuses upon PLANNING for sales, understanding who
    your customers are or can be, and discussing why they will buy
    from you. Role-playing will be critiqued for "key takeaways" by
    course participants. How to get started on eBay will also be
    discussed. Presented by SCORE.

    http://www.scscore.org



    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Thursday, May 21
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    SVASE BIG EVENT: Life Science  Financing and Exit strategies for Medical Device Startups in an Uncertain Economy
    6:00PM to 8:30PM ~ Cooley Godward Kronish LLP
    3175 Hanover Street Palo Alto, CA, 94304

    Internet start-ups and medical device companies have something
    in common. They often begin the same waywith a great idea and
    venture funding.

    For years, medical technology has been a fertile area for new
    companies. Many of today's leading medical device companies
    began as start-ups founded by industry professionals who took a
    risk. Valuation of these companies rose to millionsand even
    billions, in some casesas the firms grew over the years.
    Nellcor, Acuson, Ventritex, Arthrocare, and AVE are just a few
    of the better-known examples. And today's aging baby-boomer
    generation virtually guarantees ongoing demand for innovative
    medical devices that improve therapies, reduce costs, or
    otherwise enhance the quality and economics of healthcare
    delivery.

    The biggest challenge now seem seems to be how to develop
    practical financing and exit strategies that will enable
    capable entrepreneurs to attract the venture capital required
    for rapid growth.

    Come and hear our informed and opinionated panelists discuss
    the best ways to do this through a lively discussion that will
    explore the following questions and more:
    - What types of treatment & devices are attracting the most
    interest?
    - Which angel groups and funds are still actively investing?
    - What metrics does a startup have to achieve to be attractive
    to investors?
    - Which major players are actively looking to for acquisitions?


    http://www.svase.org/?q=node/2630



    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Thursday, May 21
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    The Lean Startup---Build confidence in your venture
    6:00PM to 8:30PM ~ Hewlett-Packard
    19447 Pruneridge Ave, Oak Room Auditorium, Cupertino, CA 95014

    We have heard that recessions are the best time to start your own
    startup. For entrepreneurs who have been on the path, it may be
    straight forward to get started. What about the rest of us? There
    are so many engineers with bright ideas, but don't know how to start.

    The current macroeconomic climate presents unparalleled
    opportunities for those that can thrive with constrained
    resources. Many startups are now following the Lean Startup
    process. The Lean process was created by Toyota in the '50s. The
    Lean Startup embodies similar principles as applied to the
    startup process. The Lean Startup is a practical approach for
    creating and managing a new breed of company that excels in
    low-cost experimentation, rapid iteration, and true customer insight.

    Eric Ries, a co-founder of IMVU, is a strong proponent of this
    process and very successfully used it at IMVU. He will share the
    key principles of making sure you get your startup idea off the
    ground and stay on course.

    If you are an engineer with bright ideas, consider Lean Startup
    to build confidence while building your startup.

    1. Identify a profitable business model faster and cheaper than
    your competitors.

    2. Continuously discover what customers want to buy before
    building or making follow-on investments in new features.

    3. Ship new software at a dizzying pace: multiple times a day
    while improving quality and lowering costs.

    4. Build a company-wide culture of decision-making based on real
    facts, not opinions.

    About Eric:

    Eric Ries became a Venture Advisor at Kleiner Perkins Caufield &
    Byers, after co-founding and serving as Chief Technology Officer
    of IMVU. He is the co-author of several books including The Black
    Art of Java Game Programming (Waite Group Press, 1996). While an
    undergraduate at Yale University, he co-founded Catalyst
    Recruiting. Although Catalyst folded with the dot-com crash, Ries
    continued his entrepreneurial career as a Senior Software
    Engineer at There.com, leading efforts in agile software
    development and user-generated content. In 2007, BusinessWeek
    named Ries one of the Best Young Entrepreneurs of Tech. He serves
    on the advisory board of a number of technology startups
    including pbWiki, Bunchball, FooMojo, Causes, and KaChing.

  • 5. Acknowledgements & Event Submission

    Have an event you'd like us to include in our next Digest? Please use our simple online form located at http://bases.stanford.edu/about-us/digest/submit-event/. Please note that we reserve the right to publish only events we feel will best benefit our entrepreneurial community. Thank you!

    BASES is made possible through the generous sponsorship of leading venture capitalists, law firms, banks and corporations. BASES Platinum Sponsor: Lightspeed Venture Partners. Gold Sponsors: Hummer Winblad Venture Partners, New Enterprise Associates. Silver Sponsors: Mohr Davidow Ventures, Silicon Valley Bank, Philips, Norwest Venture Partners, and PlugandPlay TechCenter. The grand prize sponsor for the E-Challenge business plan competition is Morgenthaler Ventures.

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