
Opinion Editorial: Deep Impact:
California's budget crisis vs. technology development
California's budget crisis is the largest
in its history, rivaling the terrible economic crises of the
early '90's. Part of this is due to its extraordinary reliance
on capital gains, especially during the high-tech boom of the
last seven years. And while many states currently are experiencing
deficits due to the slowing economy, the scope and scale of
California's deficit is having a severe negative impact on its
economic and social base, and threaten the very foundations
of its recent growth. Legislators in California face Hobson's
choices everywhere they turn. And in one area, especially, these
choices could threaten the long-term gains the state has made
in an area of central importance to its future: the nurturing
and growth of its technology base.
full
article >
Venture
Investments Increase in Healthcare at the Expense of IT
Venture capitalists have been cynical about investing in information
technology ever since the market crash and now, with the Worldcom
debacle and following turmoil in the telecommunications sector,
investors are shying away even more from allocating capital in
IT.
full
article >
|

Larta is the think tank for technology
businesses. We apply knowledge in practical ways
on behalf of cutting edge companies, investors,
governments, and professionals. Larta drives the
technology markets through four core activities:
business training, market research, consulting,
and capital programs.
714 W. Olympic Blvd.
Suite 750
Los Angeles, CA 90015
Tel: (213) 744-1314
Fax: (213) 744-1791
www.Larta.org
Larta Orange County Office
7545 Irvine Center Drive, Suite 100
Irvine, CA 92618-2934
(949) 789-1110
Larta IT Sponsor
Verizon
Contact: Frank
Nainoa
Sponsorship
For Information on sponsoring LA VOX or other Larta
events or publications, email Carlos Gutierrez.

Entreworld - a world of resources for entrepreneurs
|
|
~Larta
Announcements
Larta
Opens New OC Office
Larta has now officially opened its Orange County field office,
which
will be housed within Skyline Ventures (Irvine Ventures).
Here is the contact information:
7545
Irvine Center Drive, Suite 100
Irvine, CA 92618-2934
(949) 789-1110
FREE
Sand Dollar Report 2002
Help
us learn more about you by answering 4 quick and easy questions
for us. For 30 seconds of your time we'll send you a free copy
of our 2002 Sand Dollar Report: Analysis of Venture Investing
in Southern California. Not a bad deal, huh?
more information
>
Learn
more about Larta's
Sand Dollar Report 2002: Analysis of Venture Investing in Southern
California.
Now
Accepting Applications for Larta's September Venture Salon
Apply to present at Larta's next Venture Salon. Chaired by
Randy Lunn of Palomar Ventures, this Salon will showcase half
a dozen technology companies in a private event for accredited
investors only. If you are a technology company looking for funding,
whether startup or later-stage, you may apply to present at the
Venture Salon. Applications are due by August 15.
more
information >
Larta
Open House August 15
Larta
will be celebrating its new home in historic downtown LA with
an afternoon reception and open house. This event is open to all
friends and associates of Larta, and is free of charge. RSVP required.
more
information >
Larta
University September Session: Intellectual Property
Intellectual
property can be the primary asset of a technology company, and
strategic management of IP can attract capital and monetize revenue,
and impact the long-term results of a company's success. This
workshop covers the most crucial legal and business strategies
any company should know before exposing its technology to a competitive
marketplace, including: copyrighting and trade secrets, working
with an independent contractor to develop a product, and licensing.
more
information >
Larta
to collaborate with Kauffman Center for Entrepreneurial Leadership
Larta is pleased to announce the commencement of a collaboration
with the Kauffman Center for Entrepreneurial Leadership at the
Ewing Marion Kauffman Foundation. Larta will be working with the
Kauffman Center on two projects: an expanded, in-depth update
to Larta's Federal Technology Funding Guide, to be distributed
by the Kauffman Center and Larta, and production of a comprehensive,
multi-sector manual and a video based on Larta University's classes
on Business Presentation: From Investor to Customer.
more
information >
~Other
Announcements
VentureNet
2002 Applications Now Being Accepted
If you are an entrepreneur looking for investors, submit your
application today to make a capital presentation at VentureNet
2002. VentureNet brings together Southern California's most promising
companies with prospective investors and strategic partners from
around the country, including all venture capital firms in Southern
California, numerous venture capital firms from Northern California
and elsewhere in the country, angel groups, individual angel investors,
and investment bankers. Now in our seventh year, VentureNet 2002
will showcase 12 of the best and hottest software and information
technology companies. Prior to the conference, the 12 presenting
companies will be intensely coached by the selection committee
and other professionals.
more information
>
~Larta in the News
Sponsored
by:
L.A.
Venture Funding Way Down in Second Quarter (Los Angeles
Business Journal) Venture
capitalists, still smitten with the struggling telecom business,
continue to invest in LA companies developing wireless services
and Internet-related products, even as the level of dealmaking
declined.
full
article >
IBM
y las mujeres del futuro
La empresa prepara a niñas de entre 12 y 13 años
en un nuevo programa destinado a ayudarlas a dominar la alta tecnología
full
article >
~Other
Articles
Senators
seek to balance privacy, security matters (Washington Times)
Two senators are proposing a privacy commission that would
examine new surveillance technology with the goal of balancing
security and privacy concerns
full
article >
Girding
Against the Copyright Mob
(Wired)
Opponents
of copy protection gather to mull strategy and make a unified
cry: Let the market decide, not the entertainment companies.
full
article >
Venture
Capital Investments Decline (New York Times)
Venture
capitalists continued to tiptoe through the high-tech wreckage
in the second quarter, sending investments in start-ups to the
lowest level in nearly four years, according to an industry report
to be released Tuesday.
full
article >
Southern
California venture investment trends consistent with national,
according to Ernst and Young/VentureOne Venture Capital Survey
Venture
investment in healthcare highest since the boom, information technology
companies left with less than 1/2 the pie.
full
article >
~Research
Larta
to release Orange County Report this August
This latest research report from Larta, due out
next month, will feature economic data and interviews with leaders
from Orange County's high tech industry. In an effort to examine
the current state of the region's health and stability, the report,
Raising the Curtain: The Technology Economy of Orange County,
will
examine the obstacles that curtail its growth, and the strengths
which will help move it forward as a leading economic and technology
destination.
more
information >

This events calendar is provided as a service by Larta about
events vetted and endorsed by Larta.
August
15: Larta Open House
This afternoon reception and networking event will celebrate the
opening of Larta's new offices in historic downtown LA.
more
information >
August
24: Southern California Monte Jade Seminar
This conference is for entrepreneurs, entrepreneurs-to-be
and the venture capital community. The event will take place at
the Arcadia Community Center. For RSVPs or more information, Email
to RSVP >
more information
>
August
29: TiE Southern California presents The Future of Telecom,
and Issues of Raising Capital
Tie Southern California will have their Networking and Monthly
Meeting on the Future of Telecom and Issues
of Raising Capital on Thursday, August 29, 2002 at the Executive
Dining Room in the Anderson School at UCLA, Westwood at 6 pm.
Keynote speakers are Alex Naqvi, Founder of Luminous Networks,
and Mohan Ananda, Founder of Stamps.
more information
>
Larta's full event calendar
>

Copyright
© 2002 Larta. All rights reserved. Please feel free to forward
this newsletter to those who may be interested. Permission to
quote any proprietary part of this material is granted given proper
credit. Distribution is allowed provided that no modifications
are made to the original content.