Category Archives: Technology Business

Snapshots from Tony Perkins Venture Summit Silicon Valley Conference

Monday Dec 12, 2011 I was scheduled to play a bit of Golf with Tony Perkins’ crew and attendees, to his “AlwaysOn Venture Summit” at the Ritz Carlton “Ocean” Golf Course in Half Moon Bay, CA – 30 miles Southwest of San Francisco.

That was my last chance to “breath” before diving into two days of intense panel sessionns, finance, and founder presentations.

So the hard part was out of the way, by 7PM Monday evening:)  Now… on to a series of photos and posts about what I see over the next two days of the conference.  Posted below, in reverse chronological order… so the newest posts are on top.

I’m disappointed with my photos from this conference… i was shooting using an Android phone, and an iPhone. As I recently blogged, my almost-new Nikon camera gear was stolen recently in downtown San Francisco. You can’t buy one to replace it, even if you want to — because the flooding in Thailand shut down the production lines at Nikon.

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Steve Bell founds startup Angel and Venture Capital backed internet company: Kinesis, Inc.

From this post forward, I will continue to interview and blog about technology startups; but StartupTrek.net now becomes the official “blog voice” for Kinesis, Inc — the disruptive internet firm that I’ve been putting together since June.

Here’s the story on it — wish us luck…

-steve bell december 12, 2011


Steve Bell business card

Investor Database Submission: Kinesis, Inc.

A Delaware Corporation was formed Oct 12, 2011: Kinesis, Inc.

Executive Summary:

Kinesis, Inc. was formed to bring the full power of the internet to small and medium scale businesses worldwide.

Today, in late 2011, the internet is serving large enterprises, those with typically over 500 employees, rather well.  But… smaller companies are having difficulty leveraging the power of the internet to bring in new customers (sales). Kinesis has architected, tested, and is now deploying a powerful HTML5 network of machines, called “SIMA’s” (Smart Internet Marketing Agents) to solve this problem.  The company’s mission is  “To bring new customers (money) to small and medium scale businesses in North America, Western Europe, Asia, and the developing countries… by more efficiently delivering the power of the internet.”.

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Silicon Valley, Apple Computer fans, and customers worldwide lose one of the greatest innovators of all time: Mr. Steven Paul Jobs (1955-2011)

Steve and Laurene Jobs - after his WWDC keynote speech - June 2011

Steve and Laurene Jobs - after his WWDC keynote speech - June 2011

The day that many people in tech dreaded was coming soon, arrived yesterday.

Mr. Steven P. Jobs, Chairman and co-founder of Apple Computer; holder of over 300 patents; and all-around business genius, died of Pancreatic cancer yesterday, and the world that he changed is in mourning.  He leaves behind his wife Laurene Jobs, and three children.

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Startup Occipital in Boulder, CO sells Red Laser to eBay

After selling their product to eBay, bootstrapped “computer vision” startup Occipital may no longer need to seek outside capital for growth

Startup Trek recently interviewed Vikas Reddy, engineering co-founder of iPhone application startup Occipital, the developer of top iPhone application “Red Laser”, in Boulder Colorado.  Today the product was acquired from Occipital by eBay.

Occipital, as a tech startup venture, is impressive in quite a few ways. Vikas and his partner Jeff deserve some applause from their fellow tech entrepreneurs. Check them out in our 17-minute video interview, below.

Red Laser went through the Boulder TechStars program in 2008, but failed to raise Angel or Venture capital investment, despite great enthusiasm from TechStars mentors about the founders. So they were forced to bootstrap, and as a result ended up holding 100% of the equity when they sold Red Laser to eBay.  That is good news, but also bad news; we will get into that in a follow-up post.  Here is our video interview:

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Michael Arrington of TechCrunch takes on, defeats Seattle at TechFlash event

TechFlash, a Seattle blog which covers tech startups, held an event which featured Mike Arrington

This lively panel discussion featured Bill Bryant from Draper Fisher, Hillel Cooperman from Jackson Fish Market, Serena Glover of Twango, Andy Sack of Founder’s Co-Op and the founding director of TechStars Seattle,

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Renegotiated Financial Regulation bill (FINREG) still stands to cripple Angel investment, job formation

The War on Reg D – Redux

Chris Dodd, an outgoing US Senator due to taking loans from Mortgage firms he helped, is pushing a bill which will strangle startups

There’s been a LOT of complaining recently about the terms which negatively impact the $26B annual world of “Angel” investing, which have been slipped into Senator Chris Dodd’s Financial Reform bill (“FINREG”). The Wall Street Journal railed about it under the banner “Angels Out of America“:

  • Regulation D, also known as “Reg D” among securities types (along with Rules 504, and 505, and 506) is an area of US Securities law in which the SEC exempts certain qualified securities offerings – those made into very small start-up companies by private investors – from the requirements of “registration” for public offerings, with State and Federal Securities regulators.
  • Under Reg D and the associated Rules, a start-up company can take investments from individuals without involving the investment banks, filing for an initial public offering (IPO). and complying with Sarbanes-Oxley (SOX) requirements – among other horrors.
  • A key aspect of these Federal legal codes, is the concept of an “Accredited investor” being involved in these “exempt” (from public registration) investments.  Accredited investors have to date been able to factor in their primary residence into the net worth calculation, a central tenant of Reg D.

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An education in Angel investment with Dr. Rob Wiltbank – part 2

How many U.S. Angel investing groups are there? How are they organized?  How do they conduct due diligence?

In this 4 minute “part 2″ video segment from our educational interview series with Prof Rob Wiltbank of Willamette University, we explore how U.S. Angel investing groups are formed,

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Seattle CAD-CAM startup MES raises capital to lower part cost

We had an interesting visit with Boeing Technical Principal turned serial entrepreneur Jerry LaChapelle.  In our interview (video below) Jerry discusses his firm’s new web 2.0, Software as a Service (SaaS) application which lowers the cost of manufactured parts.  The firm is in the midst of raising a private equity financing round for it’s CAD-CAM software product, which will lower the cost of manufactured parts.

In this interview, Jerry LaChapelle, Founder & CEO, shows how the MES “M-PACT” application complements state of the art Computer-Aided Design (CAD) Computer-Aided Manufacturing (CAM), and state of the art simulation processes to deliver superior, lower-cost machined parts.

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Part 4, Brad Feld: How does Techstars work? And advice for young entrepreneurs

This 6-minute video, part 4/4 of our interview with software-internet venture capitalist Brad Feld covers how the Techstars 90 day venture incubation program works. Techstars currently has programs running in Boulder, Boston, and Seattle.

We also asked Brad what advice he would give young entrepreneurs just getting started today and he came back with several specific, detailed suggestions.

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Brad Feld describes how Foundry Group looks at investing venture capital in startups

Part 3 of our interview with software-internet venture capitalist Brad Feld covers how Foundry Group looks at and thinks about putting venture capital into startup companies. That is, their strategic framework for looking at opportunities.  Our 7 minute part 3 video interview follows:

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