Wednesday, August 18th, 2010
Well, the good news keeps on coming for early-stage Pittsburgh companies…. I guess someone forgot to tell these entrepreneurs to take a summer vacation.
The latest in what is shaping up to be a great season for Pittsburgh deals is Knopp Neurosciences‘ blockbuster announcement this morning that it has signed a $345 Million strategic deal with [...]
Wednesday, August 4th, 2010
LinkedIn, the world’s largest professional networking site with more than 70 million users, announced today that it has agreed to acquire mSpoke, a Pittsburgh-based startup company. LinkedIn CEO, Jeff Weiner, commented that “mSpoke’s recommendation technology is a natural fit for LinkedIn.” Even more noteworthy, this is the first acquisition ever made by global leader [...]
As a VC in Pittsburgh I have gotten to be good at spotting buzzwords that make for bad investments. Here is a short sampling of my current list (believe me, the real list is much longer):
Artificial Intelligence
Machine Learning
Neural Networks
Cluster Analysis
Fuzzy Logic
Non-parametric Modeling
Tree Regression
Bayesian Networks
I have an aneurysm anytime I see these words independently, or yikes! – in [...]
Image via Wikipedia
Today is Google Day in Pittsburgh – and I am doing my part by VOTING to bring ultra-broadband to Pittsburgh. I also passed an invitation to Google Voice along to a partner – what the hell are you doing?
So today is the first of two GOO* FRIDAYs – GOOG FRIDAY, next week being [...]
Thursday, February 18th, 2010
Image via Wikipedia
History Uncorked is Pittsburgh’s premiere event for young professionals! Now in its 12th year, History Uncorked 2010 promises to be a fun, festive evening for all. Join us for good food, entertainment, and a look at our groundbreaking exhibitions.
History Uncorked is a fundraising event for the Senator John Heinz History Center. Its purpose [...]
Wednesday, February 17th, 2010
Image via CrunchBase
I am an advisor with AlphaLab, our local Pittsburgh business accelerator, and if you have a killer startup idea and are looking for the motivation to just GTD, I would strongly encourage you to consider applying to be a part of the program. I have participated on the selection committee for all the [...]
Wednesday, February 3rd, 2010
It was 2007 when Aaron Tainter, an associate at our firm, and I put together the first OpenCoffee Club meeting in Pittsburgh. I read an article about a global movement to put together a networking event for entrepeneurs/startup-types to meet with investors (large and small) in an un-conference, no agendas and name tags format.
And now [...]
Wednesday, January 6th, 2010
Having likely raised much more equity from angel investors than anyone else in the Pittsburgh region, Mel Pirchesky, President of Eagle Ventures, is a long-time Pittsburgh entrepreneur. He’s raised over $60 million of equity for more than 30 deals from individuals located mostly in the Pittsburgh region. He completed a $9 million financing [...]
Wednesday, October 14th, 2009
Zipano wants to be the central clearinghouse for control of your personal data that you share online. “The debate about privacy is really the debate about control,” said the founder of Facebook – and Zipano wants to give that control to the user in an easy, flexible, intuitive way.
Their first product, Locaccino, is a Facebook [...]
Wednesday, October 14th, 2009
Vivo, which started out its life as a hardware company, is next up. They are building a platform to allow live online broadcasting. (AlphaLab has a livestream running based on the Vivo solution – but it is closed to the public – sorry guys, BIG FAIL. OPEN IT UP!).
The idea is not a new one [...]