Escape from New York: Is the Valley Necessary?

first_imgIn an effort to highlight some of the emerging tech centers across the world we’ve written on a number of cities for our Never Mind the Valley series. We’ve featured the funding and opportunities available in places like Washington DC, Bangalore and Beijing. Our intent has never been to create regional rivalries, but rather to highlight the diverse landscape of the tech world in general. That being said, few stories got as much attention as the piece on New York as passionate East Coasters rallied around their hometown. Despite what seems to be a surge of love for the Big Apple, SpeakerText CEO Matt Mireles recently pointed out the shortcomings of the New York tech scene and announced that he’s exploring the Valley for opportunities. Similar to Yammer CEO David Sacks’ travels from West Hollywood to San Francisco, Mireles is looking to the Valley to find more opportunities. In an article for Business Insider, Mireles explains that while legendary VCs like Chris Dixon and Fred Wilson are in New York, they are only a fraction of the investors that companies are pitching.He writes, “In reality, the capital markets in NYC are flooded with Wall Streeters turned venture capitalists. These are people who know how to analyze and pick in assets, not people who know how to build companies. These are people who do dumb [email protected]#$ like ask about pricing for a premium version of a genuinely novel product (in a category with no existing market) that hasn’t even launched yet…in the first meeting.” On top of the shortage of experienced tech VCs, Mireles complains that New York has a weak angel network with only a few groups to pitch. Because of this, entrepreneurs only have a few shots to get their pitch right and they’ve got little opportunity to drive competition when negotiating deals. Mireles believes the result is lower valuations and slower deal cycles. He also believes that because Wall Street has skewed programmer expectations in regards to salaries, it’s very difficult to find talent who will take a pay cut in exchange for equity. A month ago Venture Hacks’ Naval Ravikant also made the case for startups to move to the Valley. Nevertheless, Hunch cofounder Caterina Fake makes the case for New York adding that the city needs a billion dollar company exit in order to free up some talent and resources. While we’ve seen our fair share of non-Valley startups succeed and grow, it’s interesting to see so many tout the opportunities of the region. Having covered so many startups, we know that you can pen a deal through your global and online network. But is it possible that just as certain employees and partnerships are more appropriate for a particular stage of the product lifestyle, are certain locales more appropriate as well? Let us know your thoughts in the comments below. Photo Credit: Epicharmus / Michael Related Posts A Web Developer’s New Best Friend is the AI Wai… 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hostingcenter_img Tags:#start#startups Why Tech Companies Need Simpler Terms of Servic… dana oshirolast_img read more

[Poll] Who Owned Social Media This Election: Romney or Obama?

first_imgdan rowinski If you have a Facebook or Twitter account, there is a very good chance you have been bombarded with campaign news and opinion just about every minute of every day for the last year and a half. Most of the chatter likely comes from your annoying, politically minded friends and followers, but the campaigns have also taken to social media like no election before. The campaigns for President Barack Obama and Governor Mitt Romney have fought a bitter battle of memes, opinions, insight and slander in 2012 – and it has been hard to ignore. The question is, though, who won the social media battle this year, Obama or Romney? See some examples of each and take the poll below. President Obama Sent Direct Messages To All His Twitter FollowersThe Second Social Media ElectionIn 2008, the presidential contest between Barack Obama and John McCain was considered the first true “social media” election. Many pundits believed that one reason Obama trounced McCain on election night was his superior and ubiquitous social media campaign. In 2012, the social media winner in the presidential election is not so clear cut.The campaigns and their official supporters have been… interesting. Among other things, we have seen:Samuel L. Jackson telling voters to “wake the &%#! up” in a YouTube video sponsored by The Jewish Council for Education and Research.Obama’s campaign make pithy jokes over Facebook about Romney’s Big Bird snafu.Romney create memes over Obama’s “you didn’t build that” line from a stump speech.Daily updates of information or misinformation from both parties.If you like this type of political banter, the last six months or so has been a series of treats in your daily news feed. If not, well, it is almost over. Whose Message Is It?It has been increasingly difficult this year to separate official campaign messages from the messages of the political action committees from the random warblings of your friends. That makes it tough to proclaim a winner of the social media side of this election. The sheer volume of pictures, status updates, meme generators, infographics and the like has been overwhelming from both sides. Even if you do not follow a single candidate on Facebook, Twitter or other social network, your friends probably do, and they have no doubt been sharing these status updates, pictures and videos for months on end. We might look at 2012 as the year when the volume of viral network effects of politically minded online sharing increased by orders or magnitude over previous election cycles. A Lot Of Pictures Of Mitt On FacebookCan we declare a winner for the best social media campaign? We put that question to you. Take the poll below and let us know what you think in the comments. What was your favorite social media moment of the election cycle?Lead image courtesy of Shutterstock. Related Posts A Comprehensive Guide to a Content Audit The Dos and Don’ts of Brand Awareness Videoscenter_img Guide to Performing Bulk Email Verification Facebook is Becoming Less Personal and More Pro… Tags:#2012 election last_img read more

Congress’ Jitin Prasada focuses on aggrieved Brahmin families in U.P.

first_imgIn a bid to overturn its fortunes in Uttar Pradesh, the Congress appears to be once again trying to woo the influential Brahmin community. Former Union Minister Jitin Prasada, who has often been projected as the party’s Brahmin face in the State, is touring U.P. to meet Brahmins who have lost their family members to murders or alleged custodial deaths in recent months.While the party and Mr. Prasada have not overtly projected his visits as being focused on Brahmins, the names of the victims reveal a definite strategy.‘Oppression, neglect’Moreover, Mr. Prasada also attended a meeting of the Brahman Chetna Parishad, a Brahmin outfit, in Lucknow on November 22. The “oppression” and “neglect” [faced by the community] were discussed, Mr. Prasada tweeted.On Sunday, Mr. Prasada met the family of student union leader Aditya Narain Tiwari ‘Kabir’ who was shot dead in Basti, while on Saturday he met the father of Satya Prakash Shukla, who died in police custody recently in Amethi. “He is a broken man, whose son died in police custody in Amethi. He deserves some answers and justice,” Mr. Prasada said, tweeting a picture of the meeting. Similarly, last week, he visited Mainpuri to meet the aggrieved family of Subash Pandey, whose daughter died under mysterious circumstances.No labelTalking to The Hindu, Mr. Prasada said he had identified at least a dozen such families be would visiting across U.P. He, however, was reluctant to label his visits as being focused on the Brahmin community, though he did not distance himself from the perception.“I am not saying it [is Brahmin outreach]. People are saying it. I am no one to stop them. I am going everywhere possible, where I can highlight the voice of people who are not being heard,” Mr. Prasada said. “I am going to people where there has been an incident of [custodial] death or murder. And we can call it a coincidence that most of them are Brahmins.”When asked if he was hinting that a particular community, the Brahmins, was being targeted under the Yogi Adityanath-led State government, Mr. Prasada said, “Certainly, the facts on the ground are.”‘Highlighting cause’“I want to highlight the cause by going there specifically; to ensure they are going to be heard; that the Congress party will take up the cause of those people who want justice, at every forum, be it on the ground or in Vidhan Sabha or Lok Sabha. Wherever possible and whichever avenue, we will not let it go until these people are satisfied,” Mr. Prasada said.One of the families on Mr. Prasada’s list was Anand Swaroop Mishra, a petrol pump manager who was recently shot dead in Gorakhpur. Taking cognisance, Mr. Adityanath met Mr. Mishra’s family on Sunday and ordered an ex gratia compensation of ₹10 lakh to the family, while also directing the police to take harsh action against the culprits.Mr. Prasada said the Adityanath government “has failed on the law and order front”.‘Propaganda’Bharatiya Janata Party U.P. spokesperson Chandramohan, however, dismissed Mr. Prasada’s Brahmin outreach and said “the Congress can only do propaganda”.“Congress has always promoted casteism. It keeps searching for casteist politics. But their attempts won’t deliver any results. Nobody is going to fall in the Congress’ trap now,” Mr. Chandramohan said.last_img read more

De Ocampo goes to Meralco in three-team trade

first_imgDon’t miss out on the latest news and information. E.T. returns to earth, reunites with grown-up Elliott in new ad MOST READ Nonong Araneta re-elected as PFF president Brace for potentially devastating typhoon approaching PH – NDRRMC Racela on FEU loss to DLSU: ‘We’re far from Final Four contention’ WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Lacson: PH lost about P161.5B tax revenue from big trading partners in 2017 PLAY LIST 03:46Lacson: PH lost about P161.5B tax revenue from big trading partners in 201703:07PH billiards team upbeat about gold medal chances in SEA Games02:42PH underwater hockey team aims to make waves in SEA Games01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight The Fuel Masters, meanwhile, received Meralco’s 2017 first rounder together with TNT’s 2019 second round pick.The Office of the Commissioner approved the trade on Monday.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutDe Ocampo, 35, has been with the KaTropa since 2008 and helped the franchise win six championships in his tenure there.His entry will be a huge shot in the arm for the Bolts as he reunites with former coach Norman Black.center_img Photo by Tristan Tamayo/ INQUIRER.netTNT beat the trade deadline and sent shockwaves on Monday as it dealt forward Ranidel de Ocampo to Meralco in a three-team trade.In a drive to get younger, the KaTropa received Norbert Torres, Justin Chua, and San Miguel’s 2017 first round pick from Phoenix.ADVERTISEMENT LATEST STORIES Read Next View comments Fire hits houses in Mandaluyong City De Ocampo is averaging 9.1 points on 33 percent shooting from three, 4.3 rebounds, 2.6 assists this conference.Torres and Chua, meanwhile, will fortify TNT’s young frontline which also has youngsters Mo Tautuaa and Troy Rosario and veterans Kelly Williams and Harvey Carey.Torres is averaging 3.8 points and 3.4 rebounds in just 12.6 minutes in his sophomore season with Phoenix, while Chua only netted 3.1 points, 1.9 rebounds in 9.7 minutes with Meralco in his fourth season.ADVERTISEMENT Frontrow holds fun run to raise funds for young cancer patients LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversarylast_img read more