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Archive for the ‘What’s Happening At North?’ Category

The crew at Venture 360 (a North venture…) has just teamed up with Marc and Clint over at Startup Weekend to bring their throngs of ambitious entrepreneurs some valuable insight and to support Startup Weekend in their mission to foster more innovation around the globe.

startupweekendv360

Startup Weekend is a 54 hour startup event that provides networking, resources, and incentives for individuals and teams to go from idea to launch. Yep, you read it right. Attend a weekend and you’ll be able to network with like-minded local developers, innovators and entrepreneurs. Be apart of creating a company. And as they like to say about their events, they’re “No Talk. All Action”.

Attendees of upcoming Startup Weekend events will not only receive some pocket-pleasing discounts on Full Venture 360 analysis reports, each formed team will receive complimentary access to the Venture 360 analysis software to help them develop their business plans and put their weekend ventures on the right track.

The strategic partnership will kick off at the upcoming Women 2.0 Startup Weekend in San Francisco, August 28-30, 2009 and the Startup Weekend Redmond @ BizSpark on the exact same weekend. Both events will have excellent turnouts, so we recommend you snatch up a ticket fast.

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entlogo-2009North was recently quoted dropping some knowledge in the article, 5 Lifelines For You Startup on Entrepreneur.com.

Here’s an excerpt:

Evan Solida was stuck.

Solida, founder of Cerevellum, which sells digital rearview mirrors for bicycles, had posted his business plan on several websites promising to connect him with investors in exchange for a few hundred dollars.

Time passed. Investors never came.

It’s a familiar dilemma for many startup companies: Solida knew he needed help but didn’t know where to find it.

“You almost feel like you’re at a used car dealership,” Solida says “You’ve got all these people who know you’re out there looking for something–in this case, money from investors–and they prey on that.”

Solida eventually found North Venture Partners, a consulting firm that helped him streamline his product offerings, set up an advisory board and take other steps to professionalize his business plan.

North is one of many resources available to startups seeking direction and funding.

CLICK HERE TO READ THE FULL ARTICLE.

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Calling all Potential MBA Interns

help-wanted


North is rapidly expanding and is currently seeking smart, hard working, 1st year MBA interns as potential additions to our team of superheros. Below is a formal job description.

Early-Stage Venture Analyst – MBA Internship Position

North is seeking top MBA talent to provide support for our analyst team. Our interns will work closely with our team of analysts and will be exposed to a broad range of responsibilities in the venture analysis process. This is a highly selective role and top summer interns will potentially be brought on as full-time analysts after completion of studies.  Although the position is demanding and requires the ability to work independently, our interns are giving tremendous flexibility.

Ideally, candidates will possess a keen entrepreneurial spirit they are looking to sharpen and expand upon.  Strong written and verbal communication skills are a must, as position requires completion of written reports. Candidates will also possess superior interpersonal skills, outstanding quantitative and organizational skills, and a proven ability to work as part of a team.

Candidates should send a resume and CV to analyst@dontgosouth.com.

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Mobile post (please forgive the possible thumb related issues)

Risk and reward are typically tied together.

The standard formula; more risk = more reward. The clear problem with this equation is that there is a specific point where risk outweighs reward, and the chance of achieving a profitable outcome becomes statistically impossible.

This decision point is hard to see, feel, and measure….But we have to try if we want to be more effective at managing risk.

Sometimes we need to test these boundaries in order to know where they are… Fully aware that we might fail, in fact unless we do fail we will never know where that point of decision really is.  Now, I’m not a big fan of failure, but if you don’t push yourself or your business to a point where failure is a clear option, you may never reach your (or your businesses) full potential.

Today I was snowboarding off the back side of Snowmass in Colorado and I saw a sign that reminded me of this point in a clear and direct way.

Rarely in business do you get the benefit of a bright red sign that lets you know you are at a major decision point… certainly not with the skull and crossbones for added emphasis.

(BTW, the snow out of the standard ski area was amazing, well worth the risk to lay down some fresh tracks in the waist deep fluffy stuff.)

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oscars

It’s already late Friday. And many of you are feeling woefully unprepared. Why? You’re going to have to fill out a ballot for an Oscar pool in less than 48 hours and you haven’t seen 75% of the nominated films.

Have no fear, North is here. While we excel in providing early stage venture analysis, occasionally we enjoy conducting due diligence on other innovative & ambitious undertakings.

In case you’re wondering, I HAVE seen all but two of the nominated films from the major categories (a perk of having friends and family in the “the biz.”). I’m also co-defending champion of a very prestigious Oscar Party Pool in Echo Park. Okay, now I’m just setting myself up for a bashing on Monday.

So without further ado, here are my picks for the 81st Academy Awards.

Disclaimer: Film enthusiasts should always conduct their own research and due diligence and obtain professional advice prior to making any Oscar ballot decisions. North and its management or associates will not be liable for any loss or damages caused by a reader’s reliance on information obtained in this blog posting…

Best picture: Slumdog Millionaire – seems to have all the momentum right now

Best director: Danny Boyle – Slumdog Millionaire – deserving

Best actor: Mickey Rourke – The Wrestler – he was damn good (Penn a close second)

Best actress: Anne Hathaway – Rachel Getting Married – upset special over Winslet

Best supporting actress: Penelope Cruz – Vicky Cristina Barcelona – upset special over Taraji Henson

Best supporting actor – Heath Ledger – The Dark Knight – sentimental pick, but he was good

Best foreign language film – Waltz With Bashir * – Israel – going to see tonight

Best animated feature film – Wall-E

Best adapted screenplay – Slumdog Millionaire

Best original screenplay – Milk

Best original score – Slumdog Millionaire

Best original song – Down To Earth – Wall-E

Art direction – The Curious Case of Benjamin Button – i fell asleep in this too…boring

Cinematography – Slumdog Millionaire

Costume design – The Duchess

Best documentary feature – Man on Wire – my best film of the year

Film editing – The Dark Knight

Make-up – The Curious Case of Benjamin Button

Sound editing – Iron Man

Sound mixing – The Dark Knight

Visual effects – The Dark Knight

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From time to time my fiancee (that sounds weird…let’s go with girlfriend) signs us up to attend lectures at the LA Public Library. Some are hits, some are misses. The last lecture we attended was about the LA Taco Truck scene. Right in my wheelhouse. Unfortunately, the speakers put me in a bad food coma (minus the free tacos).

Last night however, she redeemed herself. The speaker was author Jonah Lehrer, who just penned the book How We Decide. While there are some parallels to Malcolm Gladwell’s Blink, Lehrer goes a little deeper into the science (neuroscience to be exact) behind decision making. He talked about the occasions when the rational part of the brain is best in decision making; and then discussed examples of when we should leave reasoning behind and just let our intuition (emotions) guide our behavior. Can’t wait to dig into the book. It’s sure to contain many insightful nuggets for entrepreneurs and investors alike.

BTW – I thought about the most recent time where I decided to leave behind my “rational” thoughts in making a decision. Well, clearly it was when I decided to post this shitty, low-quality, ridiculously blurry camera phone photo onto the blog. My apologies Jonah (on the right)…

howwedecidejonahlehrer

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In tribute to the upcoming SXSW music festival (March 18-22) in Austin, TX, we thought we’d share a video from last year’s Sansa Playground event. The North team was down in Austin on behalf of SanDisk to introduce, excite, and educate music industry insiders on the new Sansa brand and their slot-enabled line of MP3 players. Kudos to Spencer from NonStop Riot for cutting together this MSTRKRFT video and spreading the love. Good times.

Psst…if you look closely at 2:15 into the video, you can actually spot Alex and Brody showcasing their moves. Hilarious.

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