Week of November 11 - 17, 2002 ~  v.4, n.45


Where Investors Fear to Tread
A MoneyTree report released from PricewaterhouseCoopers this week found that venture capital deal flow for Q3 of 2002 decreased 26% from the previous quarter, reaching the lowest level in over four years. The long-awaited investment turnaround is likely to continue until profitable IPOs and acquisitions, as well as solid revenue models and sales, become a foreseeable reality.
full article >

Liberalization of China's Financial Markets Calls for Effective Market Regulation
China's financial markets have long been only partially open to foreign ownership. However, much of that changed with the announcement last week by the Ministry of Finance, China Securities Regulatory Commission, and State Economic and Trade Commission removing restrictions on selling state-owned shares to foreigners.
full article >

~Opinion


(The views of the articles in this section do not necessarily reflect the views of Larta or its employees, but represent the views of the author, who is responsible for any facts, statements or opinions.)

Financial Performance of Supplier Alliances - Managing for Mutual Financial Return
by Larraine Segil, Larta Board Member; CEO, Lared Group
Many supply relationships would generate far more value if they were managed like alliances. A supply alliance that looks costly in the first stages of development may create great returns in the last stage of development.
*The Lared Group will be leading the Larta U workshop this week*
full article >

Letters to the Editor

Re: Uncle Sam: The New VC?
If Uncle Sam were a VC, he'd be bankrupt.

read the letter >



~Larta Announcements

November 12: Economic Research Briefing, Semiconductor Industry
Sponsored By: Transamerica Technology Finance & Deloitte Touche
Dr. Owen Wu, Founder and Chief Strategy Officer of Communication Semiconductors (GCS) will discuss the state of the Semiconductor Industry at Larta's monthly Economic Research Briefings (ERB). Dr. Wu has raised $70 M for GCS during the last five years and was responsible for setting the corporate vision and strategy, assembling the technical and management team, and providing leadership and direction to the company. GCS is the leading compound semiconductor pure-play foundry for wireless and fiber optical communication industries.
more information >

November 13-14: Larta University, Strategic Alliances
Sponsored By: ShawPittmann LLP
This Larta U workshop, led by alliance expert Emilio Fontana (Co-Founder of the Lared Group), will give you a step-by-step approach to evaluate, create, and manage a strategic alliance relationship. The Lared Group has worked with such clients as Sun Microsystems, Northrop Grumman, Oracle, and JPL. Don’t miss this workshop, valued at over $1000! Other speakers include James Segil (Knowledge Base), David Oshinsky (Shaw Pittman), and Clara Martin (Shaw Pittman).

more information >

November 20: Larta University, Term Sheets Detailed
"It's great!" After months of pitching to investors you finally have a term sheet. But what does all the legal jargon mean? This seminar will teach you how to interpret term sheets, breaking down the language section by section, and identifying what key points you should pay attention to. It will also address common mistakes and problems you may encounter with your term sheet. We will also discuss the due diligence process and how to negotiate with your investor.
more information >

December 10: Economic Research Briefing, Wireless Industry
The wireless industry is transitioning rapidly as companies battle for existing market share, which is fast dwindling with wireless phone penetration reaching saturation levels. The adoption of 3G or third generation networks by carriers is the next big thing in the wireless industry which promises increased bandwidth allowing for faster and more robust data/Internet connections. Whether 3G and a shift to data, not voice calls will dramatically change the wireless industry is yet to be seen, for it is a new technology, the demand and growth of which is still uncertain. One can expect increased levels of collaboration and consolidation activity in the wireless industry as the number of independent wireless carriers increase. Wireless companies have a tough road ahead with stiffening competition and rivalry, and the pressure of keeping up with the latest technologies in order to maintain market share. Speakers include John Bucher (Gerard Klauer & Mattison) and Rajit Gadh (UCLA).
more information >

Rainmaker and Sun named agency of record for Larta
Rainmaker & Sun, a leading integrated marketing firm, announced today that it has been selected as the interactive and marketing agency of record for Larta. Rainmaker & Sun will be working on three different Web sites for Larta and will be developing online initiatives and messaging strategies for the firm.
more information >

~ Larta Research

The Semiconductor Industry
The latest white paper from Larta research provides economic data and analysis on the semiconductor industry, which endured a staggering 30% decline in sales in 2001.
more information >

~Other Articles

Sponsored by:

Business, Investment, and Entrepreneurship:

Special report: China - When fools rush in (Red Herring)
Technology companies are dashing to China in search of salvation and sales. Many will return broken and beaten.
full article >

Embedded RTOS suppliers offer one-stop shopping
(EE Times)

Wind River Systems Inc. and Green Hills Software Inc. have taken a first step toward what may be a sweeping change in the way embedded-software companies do business. Instead of selling a variety of point products under perpetual, project-based or royalty-based licenses, they're offering a simpler and perhaps cheaper solution: fully integrated development suites priced at around $15,000 annually per seat.
full article >

Special: The CEO Under Fire (Fortune)
Inside the world of today's embattled chief executives.
full article >

Digital Media:

The end for movie rental stores? (CNN)
The anticipated online movies-on-demand venture formed by five major Hollywood studios was launched Monday, marking the first time a large supply of recent, popular films are available legally on the Internet. The effort, called Movielink, allows people to download films over a high-speed Internet connection.
full article >

Critics Wary of ‘Trusted Computing’ (Newsweek)
To thwart hackers and foster online commerce, the next generation of computers will almost certainly cede some control to software firms, Hollywood and other outsiders. That could break a long-standing tenet of computing: that PC owners ultimately control data on their own machines.
full article >

Nanotech:

Nanosys Returns to Cal to License More IP (Nanotech Planet)
Nanosys Inc. and the University of California have completed another licensing agreement for intellectual property from the lab of Dr. Peidong Yang, a professor of chemistry at the University of California-Berkeley.
full article >

Security:

Stage Set for Homeland Act (Wired)
Now that the Republicans have regained control of the Senate, the Homeland Security Act--which affects electronic privacy-- might be passed ahead of schedule.
full article >

Telecom:

Riding the Next Wave (Washington Post)
Telecom may be in the dumps, but that hasn't stopped researchers and companies from working on cool innovations to try and find the "next best technology" for the sector. The sweet spot right now? Wi-Fi, the wireless networking technology based on the 802.11 technical standard that allows users that don't want to be chained to their desks to access a network remotely. Problem is, the technology is often clunky and expensive, so a lot of innovation is still needed before it takes off.
full article >



This events calendar is provided as a service by Larta about events vetted and endorsed by Larta.

November 12: PricewaterhouseCoopers' Technology Forecast 2002-2004, Volume 2: Emerging Patterns of Internet Computing
Although the Internet has grown explosively over the past ten years by every measurement imaginable, we are only beginning to understand the global networked computing utility—often referred to as "The Grid"—that the Internet could ultimately become. Ongoing innovations in microprocessors, server architectures, storage networks, resource management, and a
host of other areas will provide a scalable infrastructure based on commodity technologies, first at the level of the individual enterprise, and eventually at the level of the entire world network. Join us for a discussion of Technology Forecast 2002-2004, Volume 2: Emerging Patterns of Internet Computing and gain a better understanding of these technologies and how they will affect your organization as you prepare for the future. Additional event on November 19 in Irvine.
more information >

November 14: Jetro 's 4th Tuesday Technology Exchange, Academia and Industry: A Crucial Link for Economic Success
Over the last 20 years, Japan's status regarding industry-society has been changing from "catch up" to that of a "front runner" compared with European countries. Now, the global environment is evolving and other Asian countries are rapidly gaining economic power. With Japan's progressively low birth rate, which leads to a decrease in labor power, Japan finds itself having to continuously create new markets and new products to survive in the competitive global market. Therefore, a new environment and infrastructure for promoting innovation needs to be developed.
more information >

November 16: The International Corporate Directors Institute's Corporate Governance Summit
The Corporate Governance Summit is designed to educate and inform CEOs and Directors on key issues affecting boards in today's business environment. The two-part conference includes a morning session with a keynote speaker and afternoon breakout sessions designed for publicly traded companies and emerging companies.
more information >

November 21: Doing Business In India: Opportunities in the World's Largest Free Market
India is the world's largest free market, with a population of more than one billion people, and a middle class of more than 250 million people who can afford American products and services. Business in India is widely conducted in English and there is a well-structured legal system based on Western law. With the tremendous opportunities available in India, US organizations need to know how they can benefit from one of the most dynamic and vital markets in the world. This conference is recommended for Top Executives of companies from all sectors, Importers/Exporters, Investors and Entrepreneurs interested in exploring opportunities offered by the huge Indian market.
more information >

November 21: Homeland Security Symposium, Terrorism: Impact on Our Lives, Jobs, and Communities
This one-day symposium will present helpful strategies for countering and responding to acts of terrorism
. Featuring Keynote Speaker Dr. Fadi Essmaeel, "Terrorist Motives and Intents.” Luncheon Speaker: Dr. Dave Banks. Center for Asymmetric Warfare: An Interagency Test, Training and Experimentation Asset. Presented by the Society of American Military Engineers, Oxnard-Ventura Post.
more information >

December 3: PricewaterhouseCoopers' Shaking the MoneyTree
Please join the industry experts of PricewaterhouseCoopers and a distinguished panel of local VCs for their comments on the results of the 3rd Quarter 2002 PricewaterhouseCoopers/ Venture Economics/National Venture Capital Association MoneyTree Survey. To RSVP or for more information, please send an email.

 
***** Tech Marketplace *****
Larta University
			Nov 13-14
			Strategic Alliances
Larta University
			Nov 20
			Term Sheets and Due Diligence Issues
Economic Research Briefing
			Dec 10
			Wireless Industry
China Compass Conference
			Feb 2003
			Navigating US - China Business Opportunities
PricewaterhouseCoopers
			MoneyTree Venture Capital Survey & More
			The most comprehensive survey of venture capital investment
Tech Jobs CA
			Your link to local technology jobs and talent throughout California
Rainmaker & Sun
			Integrated Marketing
			Contact: Rena Conner for free marketing consultation
			818.789.9928
 
***** Sponsors *****
Mission Ventures
Akin Gump Technology Ventures
Grubb&Ellis
Ewing Marion Kauffman Foundation
Verizon
			Foundation
 
About Larta

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 services: business training, market research, consulting, and capital programs.

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Suite 750
Los Angeles, CA 90015
Tel: (213) 744-1314

Fax: (213) 744-1791
www.Larta.org

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Suite 100
Irvine, CA 92618

(949) 789-1110

 

Sponsorship: To sponsor VOX or other Larta events or publications, contact
Carlos Gutierrez
 



Other Articles :

Battle for Video Game Recognition (LA Times)
Publishers expect console software sales to jump 25% this year, but a record number of competing titles may dilute profits. full article >

 

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