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    The web home of Scott Burkett: Serial-entrepreneur, tech-geek, dad.

    Blogging, opining, ruminating, and pontificating on entrepreneurship, venture capital, process improvement, technology, online communities, business networking, IT Management, online social networking, and other things that melt in the warm Atlanta sun.

    "Beneath the noble bird, between the proudest words, behind the beauty, cracks appear ..."


    The Answer is Blowin’ in the Wind

    9 February, 2010 (16:15) | Atlanta Business Scene, Venture Capital, angel-investing | By: Scott Burkett

    Every few months or so, various Atlanta startup thought leaders are corralled together on a panel or round-table to discuss what can be done to improve our startup ecosystem.  Invariably, the outcome is the same: a regurgitated list of things we already know all too well.

    Examples:

    • Lack of local funding sources for early-stage companies
    • Lack of management talent to take a company from startup to growth stage
    • Georgia’s legal inability to invest state pension funds into alternative class investments such as venture capital funds
    • Too many smart people are leaving the state
    • Lack of this
    • Lack of that
    • Blah.

    Undoubtedly, we all want the Atlanta startup ecosystem to improve (or continue to improve, as I believe is the case).   But for the past few years,  there have been two distinct threads running in parallel.

    Read more »

    Great Startup Opportunity in Atlanta

    4 January, 2010 (12:30) | Atlanta Business Scene, starpound | By: Scott Burkett

    Sometimes, out of the chaos of business, great ideas emerge.  Unfortunately, you rarely have the chance to aggressively chase those great ideas in the here-and-now.

    I’ll be blogging more about this soon, but we’ve been pretty busy at StarPound lately.  We ended Q4/2009 strong, including the deployment of our platform to solve some major problems for a Fortune 50 customer (largest global player in their industry).  But amid all of the frenetic activity in Q4, something else emerged.  A really, really cool thing that I’ve decided needs to be it’s own thing.

    So, to cut to the chase – here is what I am looking for.  Hopefully, some of you may have someone in mind for this:

    I’m looking for an energetic, startup-minded developer (C++, Javascript, AJAX, XHTML, CSS, widgets, maybe some PHP, MySQL, etc).  Some Java would be nice, but not required.  The technology is a very unique IP voice application.  I am willing to give this person:

    • Fully paid 3-4 bedroom apartment, including utilities – we’ll eventually give you some roommates to work with :)
    • Salary, albeit small, but there nonetheless
    • Equity in the newco

    This person needs to be here in Atlanta, and is ideally a junior level person and is looking for a cool startup opportunity.  This is an awesome chance to get in on the ground floor of something very cool and exciting.

    If you have anyone in mind, you can reach me at sburkett AT star-pound-tech dot com (no dashes).

    Cheers.

    Okay, Atlanta. Now What?

    11 June, 2009 (22:06) | Atlanta Business Scene | By: Scott Burkett

    If you care at all about the Atlanta startup ecosystem, Mike Blake and I humbly request your presence next week at the monthly Atlanta Web Entrepreneurs meeting (18th at the ATDC).  Mike Schinkel and the AWE gang have graciously invited Unblakeable and I to present our views of where Atlanta is right now, where we’re going, and some ideas around how we’re gonna get there. We believe that we are at the end of phase 1 in the rebirth of Atlanta, and that we are entering a very different phase 2.

    We are bringing ideas to the table, and we want to hear yours.  And more importantly, we want to recruit you to help in the effort.  The only way we’re going to get there is if we execute together.  Gee, kinda like a startup team. :)

    Click here for full details. Schink does a great job of laying it all out there.

    If you currently play a current role in the Atlanta startup scene, want to play a role in it, or give a crap about it at all, you need to be there.  We are going to try and record the session for a slidecast/podcast for those that can’t make it – but no guarantees.

    If you have ideas, bring ‘em on.  But don’t forget to bring your spirit of volunteerism with you as well.  Because you are quite likely going to be put to work.  Sitting in the crowd like a knot on a log is going to add zero value.  Throwing out ideas and not stepping in to help bring them to fruition adds only marginal value.  We want those people who are ready to step up and play their part as a software developer, web developer, mentor/advisor, educator, marketer, public relations guru, etc.

    Let’s get it on.

    Caveat: my wife and I are expecting our 2nd daughter to arrive at any point in the next week or so.  There is a possibility that either Unblakeable will have to go it alone, or that the event gets moved to another time.  Or, that I will run screaming from the building in a panic to get to the hospital right in the middle of something important  :)

    Cheers.

    A Dozen Ways to get Rejected from CapitalLounge

    9 June, 2009 (22:26) | Atlanta Business Scene, Venture Capital | By: Scott Burkett

    you_fail-12825

    We get a TON of applications every time we put together a CapitalLounge event. While most of the applications have some degree of merit, and eventually get accepted, there are many that don’t.  Historically, we have a non-invitation rate of anywhere from 20-30%.   Despite the enormous level of detail that we’ve published as to our selection criteria and process, invariably, we get a flood of emails the week or so leading up to the event with people appealing and arguing with us (or trying to) about why their deal was rejected.

    Here is a tongue-in-cheek look at some reasons why the event applications for some entrepreneurs and investors get rejected.  If you don’t find any of this at all funny, then you most likely fall into one of these categories.

    Read more »

    Captain Anonymous and His View of Atlanta’s Startup Scene

    4 June, 2009 (16:21) | Atlanta Business Scene, Venture Capital | By: Scott Burkett

    Lately I’ve been getting some blog comments and Skribit “suggestions” from an anonymous visitor.  Let’s just say the comments haven’t been terribly “engaging” – some of them have actually been quite nasty. And look, I’ll be the first to admit this – I cuss like a sailor (well, a former soldier), and believe me, I can carry my weight in a bar, but I try to have at least some modicum of class when it comes to what I post on the Internet.  Nothing says “class act” like posting an anonymous comment on someone’s site and using an email address of “dickbastard@gmail.com”.

    You had the semi-conductor revolution and built a cool ecosystem around it. Great. We get it.

    I normally would not engage in a dialog over these types of comments, but today I am going to make an exception.  I just received this comment from Captain Anonymous:

    any successful startups in Atlanta?  Seems like alot of “talk” and no meat.  When was the last exit?

    Wow, where do I begin?

    Read more »

    Military Lessons Applied to Startups

    11 March, 2009 (23:13) | Entrepreneurship, Leadership, Networking Leads, Podcasts | By: Scott Burkett

    A few weeks ago, I had the pleasure of sitting down with Jason Jones of CresaPartners, who hosts a podcast called “Battlefield to Business” for Business-to-Business Magazine.  If you don’t know Jason, he’s a great guy, and a former naval aviator who served on the aircraft carrier U.S.S. Enterprise.

    “With a small unit, like a startup, there’s no margin for error. If someone lets the team down, you’re all going to pay the price.”

    We had a great candid chat about how my personal military experience translated into the business world, specifically the world of fast-growth startups.  We covered a variety of different aspects of startups, ranging from team building, cross-pollination, culture, problem-solving, hiring employees, risk taking, leadership, and the applicability of small unit tactics. I shared some stories not only from my Army days, but also anecdotes from my day job as well as other tidbits from throughout my professional career.

    Thanks to Jason for the opportunity to hang out and share my perspectives on a subject that is near and dear to my heart.

    It was great fun, and hopefully some folks will find some value in my ramblings. I will admit, having now done nearly 40 podcasts for StartupLounge.com, it felt very different being on the other side of the microphone – good fun, though …

    :)

    You can listen to the podcast here on their site, or locally using the embedded flash player below.

    Cheers.

    Why a Bad Economy Rocks for FOSS/SaaS Startups

    27 October, 2008 (14:22) | Bit Bucket (/dev/null), Entrepreneurship, Technology | By: Scott Burkett

    The down market seems to be working in our favor. This probably isn’t going to news to some of you, but I thought I’d share a few random thoughts on this.

    As a FOSS (Free, Open Source Solution) company, that also offers a cloud-based software-as-a-service option, we’re sorting through more deal opportunities than we can handle right now. We’re hiring based upon real growth … which is the ultimate barometer of any startup’s progression.

    “A down market is a great time for an emerging company to secure a beachhead against established players.”

    CIOs and other tech decision makers still have the same problems to solve within their organizations, they just don’t have a blank check book to work with anymore.  No one ever got fired for bringing in a Microsoft, Avaya, SAP, or any other market leader to implement a solution.  But if they can’t afford to do that, they can either look to a startup or smaller company for a solution, or postpone the project until the market gets better. Tech decision makers like to be heroes, so cater to that.  Give them a solution that makes sense to them in a down market. A down market is a GREAT time for an emerging company to secure a beachhead against established players.

    So how do you cater to them in a down market?  I suppose there isn’t one correct answer – it will vary depending upon your business, but … here are some thought starters based on what we’re seeing.

    Startups can be more agile and creative with pricing and infrastructure. You don’t have 25,000 mouths to feed.  Yet … :) You have a handful.  Be aggressive with pricing – don’t try to get your whole nut on your first deal or two.  Get creative. Options are limitless – per seat, per transaction, per CPU hour, etc.  Are those up-front professional services fees getting in the way of closing the deal?  Waive them, and incorporate them into a transaction fee where the customer can pay for them over time.

    Make your solution solve a real problem. In this market, the checks are being written to solution providers who can truly offer an efficiency or savings (of either time or money, or hopefully both).  If you aren’t doing this, you probably won’t last in the enterprise space. Don’t make your internal champion go back and explain why his or her boss needs to write a check to you.  Instead, arm them so they go back and show how much time and money they’ll save by bringing you in AND how painless it will be to get started. Everyone wants an on-demand solution these days – the days of NIH are shrinking.

    If your solution doesn’t really solve a problem – make it solve one.

    Get the deal DONE (especially if it involves a reference customer). If you can do this, others will dial down their perceived risk of entrusting a critical function to a startup provider.  It could even be worth losing money on a deal like that if you know it will open other doors for you – plus it slows your burn or at least helps you get to breakeven.

    Put it in the cloud. Hardware is now a commodity.  It is a lot easier and cheaper to build a cloud solution these days.  Blade server prices are down to incredibly advantageous levels.  And if you can’t or don’t want to do it yourself, check out Scalr.net, which has a fantastic interface around Amazon’s EC2 service.

    Enterprise services are the “ultimate mashup”. If you are an enterprise services startup, and you can effectively add value somewhere in a chain of web services, you have a decent shot at surviving this “Great Correction” as I’m calling the current market – but you are going to have to get deals done outside of the box.

    Would love to hear some other thoughts …

    Cheers.