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  • Alexa Lee 6:01 pm on December 20, 2012 Permalink
    Tags: , , Media, Mentors, PR, ,   

    Meet the Press, PR – Media Education for StartX Startups 

    Tech reporters and StartX startups in small group Q&A. Photo by PaulSakuma.com

    While startups do some pretty cool things, they’re often not very savvy about sharing their stories with the media. Good writers are always looking for leads and story inspiration. To connect tech journalists and StartX founders, we launched our first ever, “Meet the Press” educational media event last week, sponsored by law firm Fenwick & West. The results? A better understanding of the technology media and how to pitch a story as well as many new entrepreneur-reporter connections formed.

    “I love it when great, symbiotic communities come together to help each other! The press participation was awesome and I learned a lot,” said Mark Brenneman, founder of Pico, an app that makes event planning as “easy as sending a text.”

    Media Advisors Contribute
    The evening’s “headliners” included more than a dozen technology reporters who shared their media experience with our StartX community of entrepreneurs. As a non-profit, education-focused entity, such community-based help is critical and sincerely appreciated!

    Media educators at StartX share tips on pitching. Photo by PaulSakuma.com

    Part I – Panel Discussion
    Part I of the event was easy. In some ways, it was like reverse Demo Day. Instead of sitting in the audience, attending media were front and center. Each gave a quick introduction. The entrepreneurs took notes and tried to differentiate the writers and their outlets. With a good understanding of what each reporter focuses on, it becomes easier to know who to contact when you have news to share. Listen for yourself by playing the audio below.

    As memories of poor PR outreach started to resurface, the reporters became even more motivated to talk. They seemed to agree that email contact was the most common and usually most efficient way to communicate a company pitch. To be effective, Liza Boyd, a magazine writer for Fast Company and San Francisco, strongly recommended good preparation.

    “Do your research. Know what they cover. Know what angles they’re interested in. Because when we get that generic email, please be assured that is the fastest way to get into the trash bin,” she said.

    CNET columnist and #Dominatefund manager Ben Parr, added that having a personal introduction via email or an attention-grabbing subject line can help.

    “Try to get an introduction from someone the writer might know or put something in the title that will get their attention, even if it is just ‘Stanford,’” he said.

    Silicon Valley Business Journal’s Jon Xavier advised the entrepreneurs to diligently follow up.

    “Some reporters get hundreds of emails a day, he noted. “Don’t just send an email and forget about it.” He suggested trying other channels, including social media.

    (Left to right) Boonsri Dickinson, Anthony Ha, Jon Xavier, and Angela Hey. Photo by PaulSakuma.com

    While TechCrunch writer Anthony Ha is very active on social media, he advised the group to pay attention to details. His LinkedIn profile says, “Do not contact me via LinkedIn,” but people still try to contact him about stories there. For pitch content via email, he told the audience to think of the inverted pyramid style that traditional newspapers use, where the key facts and points are presented, first.

    “Every single paragraph has to have the most important information. Assume a reader can jump off and stop at any time. Every single piece is an essential piece,” he explained.

    Boonsri Dickinson, a writer for Byte, shared a simple tip, “Write like a human!” She said jargon-filled emails just end up being hard to read.

    To figure out what to highlight in a pitch, VentureBeat’s Christina Farr, recommended using the elements in your story that usually get people excited.

    “Think about – what’s the story that when I talk about my startup, it makes them go, ‘OMG, that’s so cool!’ That’s what we want to hear about too,” she explained.

    Mountain View Voice tech columnist Angela Hey said she’s only interested in Mountain View companies and clarity is key.

    “I need a very clear description. I like software and mobile. I like to look at where the future trends are. I like to do my own investigation and meet with the company,” Hey told the entrepreneurs.

    Rafe Needleman, a veteran journalist who recently launched Opportunity Notes for Evernote, told the audience not to excessively self-edit, which can sometimes stifle good content.

    “Let the story flow. Every person has a story and in many cases, it is not always the story that you think it is,” he explained.

    Producing a well-written story is how MIT Technology Review’s Rachel Metz pleases her editors. We asked, “What makes the boss happy?” For Metz, a magazine writer, publishing a thoroughly researched piece is highly valued. It usually begins with a good interview.

    “A startup being really willing to share information about how they’re doing and some personal details as well. That is what will make up a really good story,” she said.

    Sensing that the audience might be feeling intimidated about the challenge of getting press attention from the “wall of journalists in the room,” Wade Roush, West Coast editor for Xconomy, told entrepreneurs to think beyond conventional publications. He advised them to develop other channels for getting their message out, such as posting on a blog.

    “Don’t obsess over this. We are gatekeepers for a very specific kind of communication and it is not the only communication on earth,” he said.

    Michael Chiu, co-founder of Medigram, who also participated in the event, could not agree more. His own company, featured by Roush earlier this year, develops HIPAA-compliant messaging apps for medical communications and just launched its own “Mediblog.” As CEO of a seed-stage company, Chiu does all his own PR work. Most panelists felt that early stage company founders should be doing the same until their business demands a more complex communications strategy.

    “For me it is almost about avoiding PR for as long as possible. I would love to hear from you, especially at an early stage. I’d love for you to reach out to me and see if we can start a conversation,” said Farr.

    While that might be a preference for some writers, Shelly Gordon, a PR professional with G2 Communications who attended the event said, “I wasn’t surprised by the somewhat negative comments about PR professionals. Science & health journalists can be even tougher. We face the challenge of serving two masters: our clients and the press.  But I agreed with Wade/Xconomy that we’re all just trying to do a decent job in our respective fields.”

    Wade Roush, Xconomy talking to StartX founders. Photo by PaulSakuma.com

    Part II – Breakout Groups
    For the second half of the evening, founders, writers, and PR folks formed small groups to make introductions and engage in more intimate Q&A. Initially, this was the awkward part. Many tech founders are not natural self-promoters and some tech writers are self-proclaimed, shy “geeks.” Regardless, they eventually got talking. The groups covered a wide range of topics. Some founders wanted to learn how to make sure your story is told correctly. Others asked for tips on executing a good press launch. One group talked about “best and worst ways to get attention on a budget.” Jeff Kostermans, co-founder of Insynctive, a cloud based HR HelpDesk solution, said the interaction was a unique, appreciated opportunity.

    “StartX Rocks! This enabled Insynctive to get invaluable face time and have conversations with local media,” he said.

    Event and Dinner Sponsor – Fenwick & West

    The discussions continued as attendees nibbled on a Korean bulgogi and kimbap dinner. MindSumo intern Aaron Weiss also got the chance to mix and mingle for his first-ever StartX community event.

    “It was great to learn from individual panel members during the informal dinner!” he said. MindSumo, a StartX company that was covered by Needleman at the Fall 2011 Demo Day, is a platform that connects students and employers by hosting companies’ real-world challenges.

    The next challenge for these StartX founders and media experts will be to put ideas and introductions into action. Good luck and thank you to everyone who participated and helped organize!

    Event Photographer: Paul Sakuma

    Xconomy — Wade Roush, @wroush
    Byte – Boonsri Dickinson, @boonspoon
    TechCrunch – Anthony Ha, @anthonyha
    San Jose Business Journal – Jon Xavier, @svbizjon
    Mountain View Voice – Angela Hey, @techviser
    Technology Review- Rachel Metz, @rachelmetz
    Evernote Opportunity Notes – Rafe Needleman, @rafe
    VentureBeat – Christina Farr, @chrissyfarr
    Fast Company & San Francisco – Liza Boyd, @ebboyd
    CNET – Ben Parr, @benparr
    DishDaily – Chuck Stern, @thedishdaily
    DishDaily - Sebastain Gould, @thedishdaily
    AllThingsD – Camira Powell, @allthingsD
    NBC11/Press Here
    – Scott McGrew – VIDEO CONTRIBUTION, @ScottMcGrew
    Stanford Daily – Billy Gallagher – VIDEO CONTRIBUTION, @GallagherBilly

     
  • Soumya Santhanakrishnan 4:26 pm on February 14, 2012 Permalink | Reply
    Tags: Mentors,   

    Early Stage Financings with Craig Schmitz & Jon Runyan, Goodwin Procter 

    A legal workshop on early stage financing was conducted at StartX on January 18, and the purpose of the workshop was to provide StartX community members with a better understanding of the key terms and components of early stage financing, and actionable information on how to best approach such financings.

    Craig Schmitz and Jon Runyan hosted the workshop. Craig and Jon are both members of Goodwin Procter’s Technology Companies Group, where their practices focus on representing emerging growth companies, particularly in the technology and life science sectors, venture capital firms and underwriters.

    Key Takeaway

    Founders can greatly enhance the outcome of financings if they are properly informed on the meaning of legal language, especially in areas of control, protective provisions, and liquidation preferences.

     
  • Soumya Santhanakrishnan 4:25 pm on February 14, 2012 Permalink | Reply
    Tags: Mentors,   

    Dinner Speaker Series with Dan’l Lewin, Microsoft 

    Dan’l Lewin, cofounder of NeXT and current Corporate Vice President for Strategic and Emerging Business Development at Microsoft, was the Speaker on January 12 as part of the Dinner Speaker Series that StartX is hosting.

    Dan’l shared his founder stories with StartX Fellows, discussing how he arrived in Silicon Valley and how he used his understanding of relationships to develop his marketing strategies, including the first ever in-school distribution for Apple.

    Key Takeaway

    Distribution and marketing strategy can make or break a company.Large companies have many product and service spaces for small, young companies to fill.

     
  • Soumya Santhanakrishnan 12:34 am on February 14, 2012 Permalink | Reply
    Tags: Mentors,   

    IP Protections Workshop with Erik Milch of Cooley LLP 

    Erik Milch, a Partner in the Patent Counseling & Prosecution practice group, and a member of the Cooley Litigation Department held an IP Protections Workshop for StartX Fellows on January 9th.

    He provided them with actionable information on how they can best protect their intellectual property, and avoid early mistakes that may affect a future financing or exit.

    Key Takeaway

    Simple, low cost and early steps to secure and define your company’s intellectual property saves an enormous amount of time and money, especially during future financings or acquisitions.

     
  • Soumya Santhanakrishnan 9:06 pm on December 28, 2011 Permalink | Reply
    Tags: , Mentors   

    “Improv Workshop” with Dan Klein 

    Dan Klein, Program Director and Performance Coach at Stand&Deliver hosted an improv workshop for our founders on the 8th of December and we’d like to thank him for the amazing experience. Dan, who teaches improvisation full-time at Stanford used improvisation techniques with founders to help them work on building presentation skills, embracing failure and brainstorming. We received amazing feedback from the founders and are excited to have Dan back again!
     
  • Soumya Santhanakrishnan 8:59 pm on December 28, 2011 Permalink | Reply
    Tags: , Mentors   

    “Founder Safeguards” workshop with Joseph Perkins 

    Joseph Perkins, a corporate associate in Orrick’s Silicon Valley office, hosted the Founder Safeguards Workshop on the 1st of December. As part of the StartX Legal Worshop Series, Joseph gave a presentation to, and fielded questions from founders on how they can protect themselves from liability, ouster, and other misfortunes. It was a great event, and we’d like to thank Joseph for the awesome workshop!
     
  • Soumya Santhanakrishnan 8:56 pm on December 28, 2011 Permalink | Reply
    Tags: , Mentors   

    “Product Management/Business Development” workshop with Mike Cassidy 

    We had our Product Management/Business Development workshop with “Start-up King” Mike Cassidy on the 29th of November, and it was a great event. Mike has founded four companies, all of which have been acquired for more than $600 million by companies including Google, Viacom, and AskJeeves.Mike advised founders on how to be effective with product management and how to go about making business development deals and reaching out to corporations. He used a number of personal stories, as well as experiences from advising companies in our program about issues they were encountering. We got a lot of great feedback on the event, and would like to thank Mike for sharing his valuable learnings!
     
  • Soumya Santhanakrishnan 8:44 pm on December 28, 2011 Permalink | Reply
    Tags: , Mentors   

    “Company Culture” workshop with Supreet Oberoi 

    Supreet Oberoi, the Vice President of Engineering at Real-Time Innovations conducted an awesome company culture workshop for our founders in the first week of November. It was a very helpful workshop where he talked to founders about interviewing and hiring, identifying competition, managing customers, and managing expectations from your product. Supreet is a technology executive with experiences ranging from database systems to web-based enterprise applications to real-time distributed systems. He’s a great mentor and we’re looking forward to having him meet our founders again. Thanks a lot Supreet!
     
  • Soumya Santhanakrishnan 8:41 pm on December 28, 2011 Permalink | Reply
    Tags: , Mentors   

    Mentor Mixer 

    The mentor mixer event on the 1st of November was a speed-dating style event, where the newly accepted Fall Session companies met individually with StartX lead mentors so that an optimal match between the two could be found. It was quite a success, and all the companies and mentors were very happy with the pairings!
     
  • Soumya Santhanakrishnan 8:31 pm on December 28, 2011 Permalink | Reply
    Tags: , Mentors   

    “How to Utilize your Mentor” workshop with Peter Relan 

    Peter Relan, the current Founder and Chairman of YouWeb incubator, conducted a workshop for us in late October on “How to Utilize Your Mentor”. He discussed how the founders could get the most out of their StartX mentorship experience by using events such as the mentor mixer to find the perfect mentor and build a strong relationship, and it was very valuable for the founders. Thanks a lot Peter!
     
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