Friday, November 21, 2008

Live from Finance I

Ok, ok, the class hasn't started yet, but we have the presentation and wanted to share it with you...

Thanks again to Pam for her incredible talk... we really appreciated it! We'll follow up some more this week.

Finance I: Pam Randhawa
View SlideShare presentation or Upload your own.

Thursday, November 20, 2008

TYE 2007-08 Scores

We've posted the TYE 2007-08 scores from last year's competition. While the figures might not mean anything to the general viewer, you students certainly know what these scores mean! Feel free to ask Ron at the next meeting to explain everything.

Team Oscar Anton John Gaugarin Total
RVRTech




Concept 9 10 10 9 38
Presentation 8 9 9 9 35
Viability 8 10 8 8 34





107






Team Oscar Anton John Gaugarin Total
uBook




Concept 9 8 9 8 34
Presentation 6 8 8 8 30
Viability 7 8 7 7 29





93






Team Oscar Anton John Gaugarin Total
Meals from Home




Concept 7 8 7 8 30
Presentation 5 7 6 8 26
Viability 6 7 7 7 27





83






Team Oscar Anton John Gaugarin Total
Chakra




Concept 8 9 8 9 34
Presentation 9 10 9 10 38
Viability 6 8 7 8 29





101






Team Oscar Anton John Gaugarin Total
Papyrless




Concept 8 8 8 10 34
Presentation 8 7 8 10 33
Viability 7 7 7 9 30





97






Team Oscar Anton John Gaugarin Total
iCook




Concept 8 9 8 7 32
Presentation 8 9 9 9 35
Viability 8 8 7 8 31





98






Team Oscar Anton John Gaugarin Total
Greentheworld




Concept 7 8 8 8 31
Presentation 6 7 8 9 30
Viability 6 6 6 8 26





87

Wednesday, November 19, 2008

Finance I: Speaker Biographies

Students, we have posted the speaker biographies for this week's class. Once again, we are ecstatic to let you know that this week's speakers are world-class executives who you should certainly listen to.

Pam Randhawa, VP Strategic Development, Sermo

Pam Randhawa draws from over 14 years of experience in the healthcare and life sciences industries. Having worked in product management, consulting, business development, and marketing, her specialized knowledge of market analysis, strategic planning, business development and product management enables her to successfully guide new product evolution and strategic development at Sermo. In her current role as Vice President of Strategic Development, Ms. Randhawa is responsible for identifying and developing new markets for Sermo solutions. In addition, Ms. Randhawa will be focusing on the expansion of Sermo solutions to international markets. Prior to joining Sermo, Ms. Randhawa served as Vice President of Marketing at Phase Forward, where she was responsible for the planning and execution of the company's global marketing strategy. During her tenure, Ms. Randhawa contributed to the company's market cap growth from just over $225 million in 2005 to over $900 million in 2007, with sales growth over 50 percent, year over year. Ms. Randhawa currently serves on the Advisory Boards of several startups, including: e-Tractions, a provider of web- based marketing solutions; Cognika, a provider of machine learning and advanced analytical software solutions; and GlobalCures, a nonprofit pharmaceutical organization focusing on cancer therapies. Ms. Randhawa holds a Bachelors Degree in economics from the University of Rajasthan, India, and a Masters Degree in public management from Carnegie Mellon University.

Anurag Pandit, Founder and Managing Partner, Lexicon Management

Anurag is the Founder and Managing Partner of Lexicon Management, a hedge fund manager. Prior to Lexicon, he was a Senior Vice-President and Portfolio Manager of five John Hancock Funds, managing approximately $1.5 Billion. Anurag frequently appeared in the financial press including TV shows such as CNBC, CNN fn, Bloomberg News, and the New England Cable News Network. He is also quoted in national financial journals such as the Wall Street Journal and Businessweek as well regional publications such as the Arizona Republic. Prior to joining John Hancock in 1996, Anurag was a Vice President at Loomis Sayles & Company since 1992. As an Equity Analyst, he analyzed the Electric Utilities, Transportation, Media and Entertainment and Pharmaceutical industries. Anurag also worked as a corporate finance professional at the Bank of Boston structuring loan syndications, private debt placements and cross currency interest rate swaps to hedge international investments. Anurag earned a Master of Science in Management from M.I.T’s Sloan School of Management and a Bachelor’s Degree in Commerce (Honours) from the University of Delhi in India. He is a Chartered Financial Analyst (C.F.A). An avid sportsman, he enjoys tennis, squash, golf and swimming.

Monday, November 17, 2008

2008-09 TYE Class is Closed

I regret to inform any interested people that the TYE class for 2008-09 has been filled to maximum capacity at 40 students. We originally capped the maximum headcount at 35 students, but due to overwhelming demand, we found a way to cleverly fit more tables into our classroom. At this point, however, we unfortunately cannot accept any new students.

While we cannot accommodate new additions this academic year, we will do everything in our power to enable all interested parties to participate in next year's program. Please make sure that you contact the TiE Office at 781 272-3875 to confirm your interest.

Saturday, November 15, 2008

Live from Marketing I

We've just kicked off the sessions at Marketing Part I today... the presenters were, for lack of a better word, excellent! Some highlights: Dr. Jalan's amazing story about her journey as an entrepreneur and Brad Coffey's interactive video presentation that featured "the moonwalking gorilla" and "iPhone, will it blend?"

Congratulations to Team 2 for winning the team exercise in the afternoon session.

We've posted Brad Coffey's presentation below:

Thursday, November 13, 2008

Marketing I: Speaker Biographies

It gives the TYE leaders great pleasure to announce this week's speaker and teacher. Both are highly recommended individuals because they have incredible stories to tell and are dedicated to paving the path in their respective industries. Furthermore, we would like to make the brief disclaimer that they are close friends of ours and have given us inspiration as well.

Dr. Radha Jalan, CEO, ElectroChem

ElectroChem is a pioneering company; bringing predictable high quality fuel cell research to the marketplace as a comprehensive product line. FuelCell.com is ElectroChem's flagship subsidiary, allowing ElectroChem to create a convenient platform for developers to acquire products they need. With 40 years of experience invested in fuel cell technology and 20 years in product manufacturing and sales, Electrochem is also an owner of many patents, which serve as a testament to ElectroChem's innovative capabilities. It has been Dr. Jalan's strategic planning which has made ElectroChem a leading company not only in the fuel cell market, but also in fuel cell technology development. Along with her work at ElectroChem, she serves and is the chairperson of a number of non-profit community and educational organizations. Dr. Jalan has been featured in and interviewed by many international and regional papers regarding fuel cells, small businesses, and women in business. Dr. Jalan received her MA from the University of Calcutta, India and her doctorate from the University of Florida, Gainesville. A winner of such awards as the MA High Tech Energy Star and Asian Business Woman of the Year, she is proud of the interest shown in the company's technology as shown through the sale to the Indian Institute of Technology-Madras, one of the world's leading research institutions. Click here to learn more about Dr. Jalan.

Brad Coffey, HubSpot, Business Operations

Brad Coffey is currently a student at MIT Sloan's Graduate School of Business. He also works for one of this year's hottest venture-backed startups, HubSpot. HubSpot is an inbound marketing system that helps small and medium sized businesses get found by more prospects online using search engines, the blogosphere, and social media. The companies software helps its customers gain more traffic and convert more prospects into leads using clever intelligence and marketing analytics. If you have a website, be sure to check out HubSpot's popular website grader tool. Because Brad is well versed in social media and its importance in today's new world of marketing, he is going to teach us how to market our companies using Internet tools that we are all very familiar with (e.g., Facebook, LinkedIn, Twitter, etc.). Brad is a graduate of Amherst College, where he studied computer science and played on the soccer team. In addition, he serves as a member of the NCAA Division III Student-Athlete Advisory Committee(SAAC). Note: It is critical that all students attend and understand this session. If there are any questions, such as "what is SEO and why is it important?", don't be afraid to ask!

LinkedIn: http://www.linkedin.com/in/bradfordcoffey
Twitter: http://twitter.com/bradfordcoffey
HubSpot: http://blog.hubspot.com/

Saturday, November 8, 2008

Google Analytics is Your Friend

Well, we mentioned that we want you guys to come to the blog and check out our posts... it looks like everyone has been slowly but surely accessing the content. We'll try to upload an RSS feed to the social network so that you will be able to see all of our posts there too. Check out how cool the Google Analytics report is here though... if you are going to set up a website for your future companies, all you have to do is upload a tiny bit of code to each page and voila, you have amazing, actionable analytics. We'll talk more about this when we get into Marketing I and II, but data is ALWAYS a good thing. Let Pat know if you have any questions about getting Analytics set up on your website or blog. It is quick and easy.

TYE October 2008 Google Analytics Report
Get your own at Scribd or explore others: tye

Live from Opportunity Recognition

Class has just started... and Prateek gave us an overview of the new TYE Social Network. Again, it is mandatory that everyone sign up because we are posting all of our videos and presentations there. Join here or else! So far 30 members have joined, including John McCain... er, what? You'll have to sign up to see...

10:00 AM: We've just seen some awesome demos from Malay Kundu from StopLift. Check out the demo of his product here. In case you have forgotten already... StopLift has created the industry’s first-ever checkout vision system able to successfully detect “sweethearting”, which occurs when cashiers pretend to scan merchandise but bypass the scanner, cover up bar codes, etc., thus not charging the customer for the merchandise. The customer is often a family member, friend or fellow employee working in collusion with the cashier.StopLift’s patent-pending software-based computer vision technology visually determines what occurs during each and every transaction to immediately identify loss at the checkout. Cashiers are identified on the basis of video evidence the very first time they produce a loss, rather than months or even years down the road, significantly reducing inventory shrinkage, deterring future theft, and boosting profitability.

11:00 AM: We have also just heard from Ron Beraha on the 6W's and SWOT. His presentation is embedded below if you want to review it.
Opportunity Recognition 2008
View SlideShare presentation or Upload your own. (tags: tye)



Wednesday, November 5, 2008

Opportunity Recognition: Speaker Biographies

We are excited to start our second class of the 2008-09 TYE program, entitled "Opportunity Recognition." By the end of the class, you will know how to identify a good business opportunity and will be able to use tools such as "SWOT" and the "6 W's." Prateek will also give us a little information on the TYE social network he built. Below are the speaker biographies for the session.

Malay Kundu, CEO StopLift

Malay Kundu is Founder and CEO of StopLift, Inc., developing bleeding-edge computer vision technology to automatically monitor CCTV security video to detect theft for retail chains. In business for over two years, StopLift has systems in place successfully detecting theft and has received outside capital investment. Prior to StopLift, Malay was co-founder and CEO of the instant messaging company Invino until its successful sale to a public company. Prior to that, Malay led the development and marketing of a real time facial recognition system for Facia Reco Associates. Malay holds an SM and SB in Electrical Engineering and Computer Science from MIT and an MBA from Harvard Business School.

Ron Beraha, Business Development Guru

Ron has over 25 years of national and international management, process, optimization, education and integration experience with Sun Microsystems, Pioneer Investments Group, Liberty Mutual group, Fidelity Investments and Digital Equipment Corporation as well as a variety of start-up companies. Ron earned his Masters Certificate in Industrial Sciences and Economics from the Weitzman Institute at the Jazrael Valley, Israel and a BS in Electrical Engineering from Northeastern University. Ron is a member of the MVVF Board at Umass Lowell and is also on the Board of NECC School of Entrepreneurship and the Chairman of the TYE Mentorship SIG and the Merrimack Valley High Tech Council. He is a member of TIE-Boston and NECINA. Ron has co-founded and sold MMM, a media company in the 80s. He helped raise funds for JGR Engineering in the mid 90s and founded, raised capital and sold Horizon Translations in the late 90s and Moon's Tail Enterprises in 2001. Recently Ron has been a co-founder of BridgeGao Strategic Services.