It’s NOT “just a number!”
Jan 26th
by Ann Cavoukian
I am becoming increasingly concerned about the lack of understanding of a key privacy issue – the ease of data linkages in an ever-increasingly online world, that renders otherwise non-identifiable information, identifiable.
New analytic tools and algorithms now make it possible, not only to link a number with an identifiable individual, but also to combine information from multiple sources, ultimately creating a detailed personal profile of a personally-identifiable individual.
In this information age, people are sharing personal information about themselves in new ways, including through personal blogs and social networking sites. Imagine a scenario where your “anonymous” comments on a newspaper website or in an online chat forum could be tracked back to you personally, simply by linking your IP address and browser data across multiple platforms. Read the rest of this entry »
Canadian startups cashing chips way too early?
Jan 25th
by Christine Wong
Assessing the debris of the Research in Motiondebacle – longtime co-CEOs swept aside, stock price in shambles, failed PlayBook launch and customer confidence rocked by service outages – it’s easy to forget this fallen giant was once a Canadian IT startup.
While founder Mike Lazaridis and his former co-CEO Jim Balsillie took heat for occupying the top jobs at RIM for far too long (27 and 19 years respectively), today’s startup founders seem to be hanging up their entrepreneur’s hats way earlier. There are no outlets that officially track tech startup M&A deals. But according to an unofficial count by Techvibes, there were 35 Canadian startups acquired in 2011, up from 27 in 2010.
Why are so many Canadian tech startups cashing in their chips early instead of soldiering on to grow and develop their companies into the next RIM (pre-meltdown, of course)? Read the rest of this entry »
Putting your assumptions to the test
Jan 25th
In our last post, we looked at Screenreach Interactive’s recent inroads in the radio and television industries, including its appearance on Popular U.K. television program The Gadget Show at Radio Festival, Europe’s top radio industry event, and its new “experience” for long-running U.K. current affairs program Dispatches.
Making a splash at major industry events and with high profile clients demands one thing – a compelling product. But a compelling product can’t be developed in a vacuum; it must address a clear market demand. As we have emphasized time and again, marketing and product development must work together from the get go. To quote guest commentator Ronald Weissman, “Great companies constantly test the market, for validation and feedback.” Read the rest of this entry »
What to expect when moving from BlackBerry to iPhone
Jan 24th
by Kye Husbands
So you’re contemplating the jump from BlackBerry to iPhone and wondering what you should expect. Having done the same thing a few months ago, I wanted to share my experience and help you save some time getting your iPhone set up to suit your needs.
You’ve already heard how great the iPhone is, so instead of preaching more of the same, I thought this blog would be more helpful if I highlighted a few of the challenges with making the switch or, a few things you may want to consider before making the switch. Read the rest of this entry »
5 reasons why SOPA has to die
Jan 22nd
If you are wondering what SOPA is then you probably didn’t Wikipedia last week when it shutdown in protest. SOPA is a bill which the UScongress wanted to pass and it stands for Stop Online Piracy Act (SOPA).
It sounds harmless enough, after all we all want to stop piracy…don’t we! While we are against piracy we certainly aren’t against FREE SPEECH and SOPA takes it too far suggesting a China like authoritarian rule where record labels and cable companies have the power to shut down website because of alleged piracy acts, no matter how small the piracy act is….it may be as simple as you uploading a video of you and your family at a family bar-b-que with Lady Gaga playing in the background. You may be in violation and your website may be shut down.
Still not convinced, here are 5 reasons why SOPA needs to die…
This anti-piracy battle may nearly be won, but the war isn’t over
Jan 19th
By Brian Jackson
“PIPA and SOPA? How about NOPA!” So read the protest splash page on Minecraft.net in place of its usual content during Wednesday’s Web strike against anti-piracy legislation being considered by U.S. lawmakers.
While the legislation hasn’t been defeated yet and many Web firms that joined in the protest say they aren’t done, surely they must be doing at least a small happy dance after the Web strike stunt went so swimmingly. Twitter lit up like a Christmas tree with support for the movement and shocked statements of surprise about Wikipedia not being available to instantly deliver answers (which made me concerned about some student’s ability to research, but I digress). Several U.S. law makers publically backed away from supported the Stop Online Piracy Act (in Congress) and Protect Intellectual Property Act (in the Senate), and Google reported that 7 million signed its online petition against the bills.
Even the White House publically acknowledged a petition against the bills, saying “we will not support legislation that reduces freedom of expression, increases cybersecurity risk, or undermines the dynamic, innovative global Internet.”
But the White House staff writing the letter also had this appeal: “Rather than just look at how legislation can be stopped, ask yourself: Where do we go from here? Don’t limit your opinion to what’s the wrong thing to do, ask yourself what’s right.”
This points out that even if SOPA and PIPA are defeated, the root problem hasn’t been solved. There are powerful content-based industries out there that see their business model as being under threat. Without the ability to control the means of distribution as it used to, the movie and music industries are seeing what used to be profitable business models slowly erode. While I’m skeptical that piracy has played as crucial a role in this as industry lobby groups say that it has, it is no doubt a part of the problem. Piracy, and Internet distribution systems in general have created a generation that expects to be able to receive content for free.
This race to the bottom on price is perhaps most evident in the mobile app market, as I was reminded when attending this week’s GameON: Finance conference in Toronto. A couple of years ago, it was common to see almost as many paid-for apps in Apple’s App Store as there were free apps. But now there are so many free apps to compete against that most mobile developers consider it folly to even try to put a price tag on their product. The accepted ratio of mobile app downloaders willing to pay versus never willing to pay is two per cent to 98 per cent. Read the rest of this entry »
A mug shot of your office relic could be worth $500
Jan 19th
Office relics, almost every office has one. No, I don’t mean your boss. But somewhere you must have tucked away a dot matrix printer, or a Pentium II desktop, a cheque numbering machine, maybe even a typewriter or a rotary phone.
These gadgets of yesteryears are always fun to have around. Rather than discard them as e-waste that will choke out landfills, these machines are kept as conversation pieces, vestiges of a long gone era and even markers of career and business milestones. They can also be worth $500 at least. Read the rest of this entry »
Legal issues to think about for 2012
Jan 19th
by Monica Goyal
The beginning of the year is great time to do a legal check up. Consider the following as you go into the New Year.
1. Refresh your will – Revisiting your will, living will and power of attorney on an annual basis could save you or your family heartache down the road. Consider whether there has been any of the following changes in your life this past year: significant changes to the business, birth of a child, death in the family, a divorce, or you bought that something new that is worth bequeathing to someone. Something you may also wasn’t to consider, if you haven’t done so already, is access to electronic assets. Having your passwords to your computer, email, photos, or Facebook account in a document that is accessible to your heirs can save lots of time for them and can be extremely valuable. For example, if there are communications that have to be addressed, bills that are only received electronically that need attending to, or photos on flickr that you want your family to have access to, you should consider including information on how to access these accounts. If you are interested in learning more on how companies will treat your electronic assets on death, take a look at the Terms of Use of Apple, Google, or Yahoo. Read the rest of this entry »
When selling yourself as faster and cheaper is no longer enough: Part 2
Jan 18th
By Francis Moran and Leo Valiquette
In Part 1, we introduced Host Analytics, an enterprise software vendor that delivers a suite of corporate performance management (CPM) tools through a software-as-a-service (SaaS) model. We discussed how the company initially positioned itself as a “faster and cheaper” alternative to established competitors such as Hyperion – a vendor later acquired by Oracle from which many of Host Analytics’ founders had come.
By the late 2000s, Host Analytics had come to realize that its initial value proposition no longer represented the firm’s true value and wasn’t supporting its position as an emerging market leader. It needed to rebrand and reposition itself and take advantage of the fact that SaaS had begun to go mainstream as a delivery model for many enterprise applications and had found greater acceptance among finance professionals. Read the rest of this entry »













Wanted: Partners willing to take a leap of faith
Jan 24th
Posted by Francis Moran in Privacy and Security
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In our last post, we spoke to Katie and Luke Hrycak, the sibling founders of CommentAir, about their challenges as technology entrepreneurs who do not have a background in technology. A process of self-education and aggressive networking to tap into the expertise of supportive advisors and mentors has been key.
The need to seek out external business and technical expertise of course extends to the team they must build to move CommentAir along. As a bootstrapped startup, they must not only find individuals who compliment their own strengths and weaknesses, but also share their passion and are willing to put in long hours without a regular pay cheque.
In this post, we take a closer look at what the siblings have learned about themselves, about building strong teams and how this must be applied to the business.
Who should be the next hire?
CommentAir took flight in early 2010. As we explored in the previous post, Zhu Li, a PhD candidate in wireless communication at Carleton, became Katie’s technical advisor and, now that he has returned home to Hong Kong, is on deck to serve as the company’s Chinese connection when the product is ready for mass production. (However, he has yet to join the company as a founder or employee.) CommentAir has also enjoyed the support of Carleton University professor Tony Bailetti and Ed Strange, coordinator of applied research and investigator of special projects at Algonquin College, who put together a student team with funding through Ontario’s FedDev program to work on CommentAir’s prototype.
While Luke and Katie have secured the support of a number of other advisors and mentors, their first true hire came this past summer, when they brought on board as chief designer and project manager Andrew Lowe.
“I went to go talk to him about manufacturing and plastics, and he liked the idea so we offered him equity in the company for his designs and knowledge on manufacturing and electronics,” Katie said.
For 2012, Katie and Luke are planning to add a technical cofounder as they work toward major field tests this summer.
“We need someone like this as soon as we start getting to either some major first tests or before a launch, because technical things are going to go wrong and it’s out of our knowledge base to fix them,” Katie said.
“I would like a telecom or electrical engineer, preferably someone who has many others to vouch for their work ethic and projects,” she added. “They have to also enjoy sports and understand why we are doing what we want to do. An entrepreneurial mentality isn’t a top priority, but definitely a creative mind that can work around unforeseen problems. It’s also important that it’s someone we can get along with.”
But there is a clear distinction between getting along with someone and always being in agreement with them.
“You won’t always see eye-to-eye with your team, and that’s a good thing,” Katie said. “Same goes with informal advisors and partners. It’s all about having different perspectives and taking them all into account. If you have anyone telling you the same thing as you’re thinking, that’s not good.”
“If they aren’t adding value, cut them loose,” Luke added. “Don’t wait and don’t look back. Trust your gut.”
What distinguishes a co-founder or partner from advisors, mentors?
“A partner is someone who is willing to get more involved in the day to day, and bring value beyond just advice,” Luke said. “They’re bringing a skill or trait that we lack, such as the technical know-how, or something to get us to the next stage.”
Or, to put it another way:
“Co-founders and team members are meant to cover each other’s butts when your reputation and product are on the line,” Katie said. “There are always people who will love your idea, but that doesn’t mean you should bring them on.”
But sometimes, an ideal team member may present themselves unexpectedly.
“Sometimes a team member will just fall into your lap, so always keep your eyes open and have in mind a checklist of what you want to add to your team,” she said. “If they believe in your idea and in you, they will come on for equity if you’re bootstrapping and not even question if there is a salary.”
Finding the right people depends on your qualities as much as theirs
Katie readily acknowledges that her greatest weakness as an entrepreneur is lack of life experience, something which cannot be acquired in a university lecture hall.
“Every single meeting or conversation I’ve had with a mentor has left me pretty much floored in just how much I don’t know but should, and how much work I have left to do,” she said. “In order to get over this, I’ve had to self-educate to become an expert in my areas of interest as well as in the business I want to run.”
On the other hand, she considers her greatest strength to be her people skills, which she has already used to her advantage to win advisors and mentors willing to share their expertise.
Luke, on the other hand, has come to realize that his biggest weakness is “assuming any obstacle can be overcome quickly, when in reality, it takes a while to overcome it. My strength is just the perseverance to keep at it over time.”
While they believe their strengths will serve to create a strong and close-knit culture in the business as it grows, they both agree that the best way to overcome their weaknesses is to seek out the input of others before making decisions.
“If we can do this bootstrapping and without having to take money from anyone, that’s the way we’re going to do it,” Katie said. “Keep it in the family and just build relationships with mentors to get the expert advice we need.”
Thinking about the future
While the expert advice they need may someday require bringing on board a savvy investor for a share of equity, Katie and Luke are not yet willing to give up that degree of control.
“It can obviously be beneficial to have someone hands on overlooking the entire operation,” Katie said. “I just don’t think we’re there yet so I haven’t put too much thought into who I would want to invest in us. Would I turn down money if the investor fit wasn’t right? We’ll cross that bridge if we get there!”
Meanwhile, the siblings are intent on building a business with the staying power to continue on without them.
“Some entrepreneurs just want to make big money and go retire on a beach, so they build their companies that way,” Luke said. “In our case, we want to build something that will continue on without us, but we will want to always have a hand in it. We want to take what we build and continue on to grow other businesses as well.”
In our next instalment, we will explore the challenges of paying the bills on a bootstrap budget.
This is the fourth article in a continuing series chronicling the growth path of CommentAir Technologies, a startup based in Ottawa, Canada. CommentAir is developing a wireless technology fans can use at sports venues to receive the same real-time commentary as fans watching from their televisions, a wireless technology that also creates a platform for targeted consumer interaction. We invite your feedback.