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Perspectives on the wonderful world of tech

Danny Macaskill. Half-man, half-something else, but back with ‘Way Back Home’

Anyone that knows us knows we like anyone that spends a lot of time getting really good at something. For some reason sales people, pitchmen, butchers and cyclists feature high on my list of professions that I enjoy seeing been done well.

Danny Macaskill, half-cyclist, half-superhuman,  has just produced a follow up video. Anything that combines a homecoming story, stunning scenery including God’s own country – the west coast of Scotland – and some nice music deserves a mention here. Way Back Home will enhance your life in 4 minutes.

Enjoy.

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Companies on pre-Christmas buying spree. Media & ecommerce discussions.

At first I thought it was just me but it really does seem that deals – exits and investments – are being done again. Corporate purchasers are back in action and their presence at our recent discussion dinners has provided as much interest for investors as companies themselves. While we only have two more events until the end of the year, we really hope to see you at what we think will be two of the strongest events of the year. Please book online or email me directly if you would like to be involved.

24th November, Bangers Grill & Restaurant. Future of Media Business Models. https://thebln.com/event/15479/ Confirmed participants include CEO/founders or board level executives from Aframe, All3Media, Associated Northcliffe, Audioboo, Cognitive Match, Diagonal View, Erevena, Freemantle Media, Goetz Partners, iMeta Technologies Ltd, Incisive Media, Magicalia, myvideorights, Pearson, Playfire, Pure Grass Films, Saffron Digital, Silicon Valley Bank, Six to Start, The BLN, Tweetmeme, Videoplaza & Yudu.

9th December, ecommerce. Ecommerce killing the High Street. https://thebln.com/event/15534/ The sheer amount of money being invested and made in ecommerce at the moment has meant that ecommerce has become more innovative as it has become more mainstream. Ecommerce has proven to be one of our most popular communities and this dinner will feature both acquisitive incumbents as well as revenue generating upstarts.

Blatancy: Last week we ran an Exit Workshop with some buyers in the mobile sector. I thought you, and your portfolio companies, might be interested in the concept of blatancy: http://bit.ly/BLATANCY

We would love to see you before the end of the year and if you haven’t attended a BLN event before, remember, we offer a no quibble money back guarantee – turn up, and if you feel you didn’t get value, we will refund your money. Simple.

Mark Littlewood

Director The BLN

T: +44 7760 171 929

Tw: @marklittlewood

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Twitter Weekly Updates for 2010-11-14

  • Day 10 of stinking colds, headaches, wheezing, coughs & sneezes. The downside of children. #
  • Steve Purdham, We7 – Growth is multi-dimensional & damn hard work. http://bit.ly/We7Scale Scaling digital business. #
  • RT @davidjwoodward Knife crime campaigner DJ Ironik stabbed in Highgate http://bit.ly/cb3o97 Rest of the story pretty much writes itself #
  • Wow. Mean f'cast revenue growth of mobile companies @the_BLN discussion dinner Future of App Business Models is >120% #
  • Mobile for the next billion – Movirtu raises $5.5 million Series A http://bit.ly/bAarpT #
  • Judging some Silicon Valley comes to UK #SVC2C companies tonight. High standards & great stories behind the companies. #
  • Crap! I was going to blow Robin Hood airport up but someone seems to have got there first. #iamspartacus #
  • The parking situation at our office just jumped the shark. http://twitpic.com/3652l0 #
  • حماقة! إغلاق مطار روبن هود. كنت قد حصلت في الأسبوع ، وقليلا للحصول على القرف الخاص معا ، أو ابن تهب السماء مطار عالية! #IAmSpartacus #
  • I do like a bit of Professional Masterchef on a Friday afternoon. Very funny. http://bit.ly/aGrqaR #
  • Does anyone have any views on a good type of cat flap to purchase for Mr Terry Tibbs? http://twitpic.com/36heij #

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It was a true pleasure to attend this BLN event. In 2009 and 2010 I have attended quite a number of networking events in Europe and in APAC (these were the regions I was the head of sales for) and I must say that your event was one of the best ones. It is probably because you:

  • selected a good crowd with enough common denominators
  • made it clear from the beginning that we have an agenda: serious networking
  • timetabled and conducted the whole thing with just the correct touch of führer attitude 😉
  • picked a venue that was relaxing and favoured discussions

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Professional Masterchef Final 2010. Amusing edited highlights.

We are all big fans of anyone that does things to a high standard and the incredible chefs that have featured on Professional Masterchef over the past couple of months were amazing.

If you missed the series, don’t worry. Here are the highlights in four minutes. (May not contain actual food cooked).

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Always nice to have active investors at events – Movirtu Raises $5.5 Million from TLCom

A very lively evening last night at our first BLN Mobile discussion dinner. A stunning line up of company CEOs and some active investors in the space. Themes explored included mobile payments in the developing world, mobile and the cloud, merger and acquisition opportunities and just to prove how on the money he is, Mauro from TLCom sends news of his latest investment today.

Movirtu Logo

Series A Investment will Support International Expansion and Extension of the Cloud Phone™ Product Portfolio Movirtu, (Strapline – mobile for the next billion), the Cloud Phone™ company and supplier of innovative network infrastructure solutions for mobile operators servicing rural poor communities located in Africa and South Asia, today announced it has raised US$5.5 million Series A investment to support its international expansion and extend its product portfolio to high growth applications for developed markets. The investment was led by TLcom Capital LLP with the participation of existing investor Gray Ghost™ DOEN Social Ventures Coöperatief, U.A. TLcom Capital’s Managing Partner, Maurizio Caio, has been appointed to Movirtu’s Board of Directors. Movirtu has established itself as a leading provider of innovative mobile technology and business models to wireless telecommunication service providers. Its award winning mobile phone product Cloud Phone™ works like web based email, allowing subscribers to log in and log out of their mobile phone in the cloud using any readily accessible handset. For just 20c per customer the product currently enables mobile operators to service those living below the poverty line who do not have their own phone. It also provides a single identity solution for people who own multiple SIM cards and devices. Demand for Cloud Phone™ applications also extends to operators in developed markets that have to deal with the growing number of subscribers with multiple mobile numbers and connected devices. “This investment will play a most significant role in helping us achieve our goals and ambitions”, commented Nigel Waller, CEO and Founder of Movirtu. “The financing will enable us to widen our market presence and advance our solution portfolio.” Maurizio Caio, Managing Partner of TLcom, said, “Movirtu is attacking a fast growing and highly profitable global opportunity with a unique solution and a first class team. We are very excited to support the company in pursuing its upside potential in emerging as well as developed markets.” From TLCom.

I took the opportunity to solicit advice about my next phone. People giggled when I said I was thinking about a Windows based device. It looks like Microsoft has a little way to go before it is accepted by the industry although there is clearly a rapidly expanding developer community emerging.

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CEO Tales, Scaling & Exiting a Digital Business – lessons learned

The key lesson that came out of our recent CEO Tales event, supported by Taylor Wessing and Goetz Partners was simple: scaling is hard work.

There were three sessions over the course of the evening and you can find them all from here:

  • The first, led by Rupert Cook of Goetz Partners, considered how to exit a business for maximum value (a two part process in which part one is growing a valuable business).  He also introduced the excellent concept of BLATANCY. More here.
  • Steve Purdham, CEO and investor in We7 talked of his experiences at SurfControl and We7 and made the point that growth is multi-dimensional and very hard work. More here.
  • David Soskin, (Cheapflights, MySupermarket, SwapIt. Howzat Media) spoke of being brave and most importantly getting over the fact that London is not SIliconValley. More here.

This was a theme that was particularly relevant last week as the government announced  plans to turn the East end of London into Silicon Marsh. (While I think the plans are great news in general for digital entrepreneurs, any mention of Silicon Valley in the announcement seems to be ludicrously aspirational to my mind). This was picked up by Mike Butcher at Techcrunch who was kind enough to put some of my Night Nurse fuelled comments into this piece on Techcrunch over the weekend. http://eu.techcrunch.com/2010/11/06/investors-back-techcity-concentration-of-startups-will-attract-capital/

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Steve Purdham, We7 – Growth is multi-dimensional and damn hard work.

Steve Purdham, Founder CEO of We7 and ex-CEO of SurfControl shares his thoughts on scaling a digital business in this guest blog following his talk at Thursday’s CEO Tales event, Scaling a Digital Business.

The 30th President of the USA, Calvin Coolidge once said,

‘All growth depends on Activity – There is no development, physically or intellectually without effort, and that means WORK!!!”

In my experience this sums up growth in business to me, its not something that happens by magic it needs work and quite often a lot of it.

Business have one of 4 growth profiles:-

  • Hypergrowth
  • Growth
  • Zero Growth
  • Decline

I have been lucky or unlucky enough to be involved with businesses in all these forms and in fact Zero Growth and decline is really the land of the living dead and is not a comfortable place to be. The good news however is that with the right activity and with the right resources you can move operations from one world to another.

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