Category Archives: Uncategorized

Supporting Home Front

HomeFront, the innovative organization that keeps families with children out of shelters, needs support now. It is competing for big bucks in a national contest. Click on the logo and you can vote — once a day, apparently, through June 20.

At this moment HomeFront is helping a family I know personally. Their stuff is in storage. They have no home.

Thank you for helping….

The Boehm Rescue


She who rescued Boehm porcelain from Chinese oblivion will speak at the Princeton Chamber on Wednesday, June 16, at 7:30 a.m., at Mt. View Golf Club. For turnarounds, this may hold the record. Sharon Lee Parker visited the company and bought the company just a couple of days before the Chinese agreement was to be signed.

We all know the place that Boehm has in a porcelain industry that has deep roots in Trenton. I took this photo of “Mute Swans of Peace” at the Vatican Museum, presented to His Holiness Pope Paul VI by the Diocese of New York.

That Sharon Lee Parker is also a cancer survivor may also be significant.

Telecom meeting June 16 in Princeton


A church buddy, who is trying to develop a cell phone or IPhone app, asked me if I knew any software developers in that field. I was just beginning to thumb through my stacks of business cards when Kevin McLaughlin sent out this notice via linked in, so I’m passing it on.

It’s a June 16 meeting on building applications for wireless, mobile Internet, and broadband. Though held at Princeton University, this is an NJTC event and the standard entry fee is $50. Register by Tuesday 6-15 to avoid $20 surcharge. If you register as a LinkedIn user, you get a $15 discount. The price includes a reception.

Date: Wednesday, June 16, 3:30 to 7:30 p.m., at Bowen Hall (on Prospect Street).
Among the presenters, Susan Brazer of Lionshare Strategies and Todd Murphy, director of the developer community at Verizon Wireless. Here is the complete program.

And if you know any cell phone developers, either comment on this post or send me an email.

For Jobseekers: More than a Job Fair


Here’s a good opportunity for out-of-work professionals: a June 21 Life Sciences Meet-Up, that will match volunteer professionals with incubator-based and early-stage life science companies. To be held at the Labor Education Center @Rutgers University, it is not a job fair, it is an opportunity to work for free and get exposed to new business sectors and networks, and to help close a resume gap. Plus, there would be a psychological uplift of being productive.

The NJ Association for Biomedical Research and NJIT Enterprise Development Center have a $5.1 million Bio-1 grant from the U.S. Department of Labor Employment and Training Administration’s Workforce Innovation in Regional Economic Development (WIRED) initiative. You must pre-register for this event by Tuesday, June 15. Contact Lou Wagman (609-688-9252, lou.wagman@gmail.com) or Drew Harris (908-9449, dharris@njabr.org).

Here’s how it works: Young life sciences company need help in these areas: marketing, accounting, sales, advertising, financial, programming, organizational, and administrative. “The goal is not to supplant budged positions but to link willing volunteer professionals with organizations that can significantly benefit from the capabilities and experience,” says the brochure. Wagman and Harris will pre-screen your resumes and, if your skills match needs, invite you to the Meet-Up, where you will meet representatives from companies who need your skill set. You can volunteer for a few hours a week — or more. Who knows what it might lead to!

The flip side of this is, of course, that entrepreneurs can contact Lou Wagman and Drew Harris and ask for the skills they need.

Intro to Twitter for Blogger Readers


Readers of Princeton Comment are not, generally, Twitter followers. So here’s an example of what Twitter can do. I want to send a last minute reminder re my friend Wayne Cooke, a cancer survivor who is speaking at Princeton Medical Center in at 9 a.m. today (Sunday). I send out two tweets at 7:07 and 7:08 a.m.

BFFox 7:07am, Jun 06 from HootSuite
Wayne Cooke helps Princeton NJ celebrate National Cancer Survivor’s Day 2day at Medical Center of Princeton http://ow.ly/1UFqX

BFFox
7:08am, Jun 06 from HootSuite
Cancer Survivor Cooke, who wrote “On the Far Side of the Curve,” speaks at 9 am, but event is 8 to 11:45 in Princeton, http://ow.ly/1UFqX

Then my own Twitter feed, which emphasizes epatients and ehealth, turns up a reference to a favorite of mine Regina Holliday, and I attempt to drive traffic to her site (read and you’ll see why).

BFFox
7:14am, Jun 06 from HootSuite
For National Cancer Survivor Day, read a moral tale from @Regina Holliday, campaigner for open medical records. http://ow.ly/1UFt0

(All those ow.ly references are special shortening tools for a Twitter tool that shortens the website address.)

Then another Tweet leads me to a fascinating article on how to train doctors to really listen, another pet peeve of mine.

BFFox
7:16am, Jun 06 from HootSuite
Med students learn “what it’s really like to live with a serious illness”

And then I learn from another Tweet, to my chagrin, that an important Health2.0 conference is taking place in Washington D.C. tomorrow. Had I been awake, I could have rearranged my schedule to go, but it was a busy week. I can’t go, but I can salivate about the agenda. Esther Dyson, a guru in the ehealth field, spoke at the Princeton Chamber and I have long been a fan of Gilles Frydman’s ACOR.

So I Tweet about it. Will it send any blogger or Twitter readers down to DC. Probably not. But at least now more people are aware of the issue and the conference.

BFFox
7:30am, Jun 06 from HootSuite
DC conference Health2.0 has Esther Dyson, Ted Eytan, Regina Holliday, Gilles Frydman — what a lineup. http://www.health2con.com/dc-2010/

And maybe all of us will pay attention to Obama’s man for Health IT and those issues. Right here in River City (e.g. Princeton) we are hatching companies, like one of my faves Zweena, who are trying to contribute to the smartness of Health IT.

BFFox
7:32am, Jun 06 from HootSuite
Keynote is the guy w the power, David Blumenthal Obama’s coordinator for Health Information Technology, http://www.health2con.com/dc-2010/

And then a comment from speaker/rock singer, Salman Ahmed, whom I met at TEDx NJLibes rang true, so I tweeted that for good measure.

RT @sufisal: Sell your cleverness and buy bewilderment. Cleverness is mere opinion, bewilderment intuition.(Rumi)

And that will be my thought for Sunday, having spent 50 minutes so far, Tweeting and blogging, and it will be an hour in total by the time I send this out. Was this exercise mere “cleverness” or should I have spent the hour in “bewilderment,” i.e. prayer, getting ready for the Sunday School class I will be teaching just 90 minutes from now. For the 4th and 5th graders I have concocted a lesson on that subject, prayer.

I am sending this out now in case anybody can get to hear Wayne Cooke speak at in an hour (his gig is at 9 a.m.) I will clean it up and perhaps answer my own question later with an addition to this post today.

——

Postcript: Spouse went to hear Cooke while I taught 9 4th & 5th graders a lesson on prayer. Report: Cooke was eloquent, the audience was about 100 people. My S.S. lesson was perhaps more lively than one would expect for the subject and some shenanigans ended up in a mishap — magic market on someone’s white pants. Perhaps more preparation, more prayer, would have prevented that?

Don’t know. It’s done. Time to do dishes, which as I understand it can be a form of prayer.

Don’t Make Us Eat Our Seed Corn

The state budget for technology could be chopped in half. The answers for why this should not happen come from the Coalition to Save SciTech in New Jersey.
$34M invested in the NJ Tax Transfer Program attracted 510M in additional capital to NJ in 2009.
For each job created in the NJ Biotechnology Industry, 2.8 additional jobs are created in NJ.
New Jersey’s Technology Tax Transfer program provides a critical bridge to commercialization and keeps companies here. Unlike private investment, NJ’s Technology Tax Transfer program serves as a pair of geographic golden handcuffs: companies must be in NJ to participate. While companies are participating, their principals and employees are buying homes, setting down roots, spending their earnings and building lives in NJ. And, Tax Transfer Program dollars attract follow on private investment, often from outside the state.

This information comes from Katherine Kish, co-executive director of Einstein’s Alley: “We are very concerned that the 2011 State Budget proposal to eliminate the New Jersey Commission on Science and Technology and to cut the Technology Business Tax Certificate Transfer Program (TBTCTP) from $60 million to $30 million stands to stifle growth of the technology sector.

As taxpayers and voters, we recognize the dire financial position the State is in. However, we fear that these cuts as proposed stand to cost the State more than the amount they are intended to save given the ROI these programs represent.

After what has been invested in this sector over time to build a culture of innovation, NJ will stand to lose the positive effects going forward if we don’t continue that investment. I’m concerned that any cuts will be like ‘eating our seed corn.'”

If you are concerned as well, contact your legislator.

An Efficient Gathering of Angels

Too many entrepreneurs try to sell their product to potential investors. Instead, they should focus on the revenue model – how much money would an investor make, when, and how?

That was one of the big take-homes from “A Gathering of Angels,” an exceedingly well-run New Jersey Entrepreneurial Network Meeting today (June 2, 2010) at the Princeton Forrestal Marriott. Lou Wagman’s no-nonsense schedule included 60 self introductions (while everyone ate dinner) and Randy Harmon’s introduction to angel investing (while some gulped dessert). Then six angels dished out good advice (more on that in a later posting) plus final tips, as below.

From left: Loren Danzis of Fox Rothschild and Delaware Crossing Investor Group: Know whether you meet the criteria before you apply. Work through your team (lawyer, accountants) for introduction to those who know the market.

Stephen Nagler, TriState Ventures: Be really ready to answer such questions as market size, multiples, proprietary advantage, and exit strategies — and be able to justify your answers. Both the CEO and the fundraising job are full time, but when someone calls, answer quickly.

Larry Chaityn, Keiretsu Forum, NY Tristate Chapter: Be able to explain the the revenue model and the assumptions behind it, such as specific use of funds, the return on that use, and metrics you will use to track the returns.

Katherine O’Neill, Jumpstart NJ Angel Network:: Don’t take friends and family money at too high a valuation, and if you do, you must be ready to take a “haircut.” And don’t put a video in your presentation; they never work.

Frank Graziano of Golden Seeds, investments in women-owned businesses: Be relentless in your search for money. If you get rejected, the door is not necessarily closed.

Lou Wagman, meeting organizer, of Technology Management Associates and Einstein’s Alley.

Randy Harmon, moderator, of Foundations Business Development Group.

Christopher Starr, Mid-Atlantic Angel Group Funds: Try to get money when you don’t need it. If you don’t actually need the funds, you are in a better position. Pick lawyers and accountants who operate in the early stage space. You are going to pay someone anyway. Find those who know the issues. Their contacts and connections will be a bonus.

More organizations should operate this way: give attendees all the bios and then don’t repeat them, and handout the contact info for all those who register in time. That’s a big inducement to preregister.

For pictures of more than half the attendees, click here. (If you don’t like your photo, I’ll take it down. If you want to put more contact info by your photo, you’re invited to do that).

The discouraging part: of every 50 companies that apply to an angel group, one or two will get funded.

The encouraging part: statistics cited by O’Neill, on the board of the national Angel Capital Association. Angels do more deals than VCs. Last year angels invested $17.6 billion to venture capitalist investments of $17.69 billion, almost an even amount. But angels did 57,000 deals while VCs helped only 3,000 companies. The money is out there for the lucky (and well-prepared) few.

Haiti Benefit: Kids Show

Once in a rare while I will simply post a press release on my blog, because it’s a worthy cause and I don’t have time to put a Princeton Comment spin on it. This is one of those times…..
Trenton, NJ (May 26, 2010) Once On This Island, a Broadway hit twenty years ago, will come to life again in the joyous voices of fifteen fourth and fifth grade students at the Village Charter School on June 4 and June 5 at 7PM. This production of a show described as a “snazzy, syncopated kids’ show” in 1990, is being performed as a benefit for the children of Haiti.

The Charter School’s music director Dyan Zbikowski, says, “This pop Caribbean show takes place on an island that might be Haiti. The music has a great beat and the story is universal…forbidden love.” She goes on to say that this musical was nominated for eight Tony Awards and according to New York Times critic Frank Rich, made Broadway audiences “emerge from the theater ready to dance down the street” so it will be fun for the young actors and the audience.

In addition to Dyan Zbikowski, the production team includes assistant director, Ellen Caruso, choreographer, Theresa Twisdale, sound engineer, Jimmie Jones and set designer, Virginia Welker.

Once On This Island, only the second production at the school, was not funded in this year of very tight school budgets. The Springpoint Foundation, through its arts and culture initiative is the major sponsor of this production but other donations will be welcome.

To get tickets ($4 for adults and $2 for students) or to make a donation, please contact Dyan Zbikowski at 609-695-1001 ext. 8 or email dzbikowski@villagecharter.org.

About the Village Charter School

With the passage of the New Jersey Charter School Act of 1995, community leaders were able to establish a charter school of excellence serving the greater Trenton community. Their vision became a reality when the Village Charter School opened on a ten acre campus in Trenton to 153 kindergarten to second grade students in1999. The School graduated its first class of eighth graders in the spring of 2006 and continues serving Trenton’s young people. Its mission is to create a child-centered community of active learners where each child can and will succeed in ways that reflect his or her own unique aptitudes and interests.

About the Director

Dyan Zbikowski, who joined the Village Charter School faculty in 2007, is a graduate of Mason Gross School of the Arts at Rutgers University with graduate work at Westminster Choir College of Rider University in voice performance. She sings in operas and chorales in New Jersey and New York.


For My Grandchildren’s Parents


Today’s New York Times Science Tuesday section had so many very important tips that I’m sending them to my children, to help keep their families safe. If you didn’t get to read it:

Kids swallowing batteries: Check your remotes and anything else with a disk battery to be sure young fingers can’t get into them. Swallowing lithium cell batteries is way more dangerous than ingesting other kinds of batteries, and more kids are doing it. The lithium batteries destroy the esophagus. http://well.blogs.nytimes.com/2010/05/31/for-very-young-peril-lurks-in-lithium-cell-batteries/?ref=science

Grilling toxins: Marinating meat in rosemary reduces the toxins produced by high-heat grilling. http://www.nytimes.com/2010/06/01/health/01real.html?src=me&ref;=health

Hospital infections: You can get a dangerous infection in the hospital by not washing your hands with soap and water before you eat. Alchohol-based cleaners don’t destroy Clostridium difficile (C. diff) which can live for weeks on hard surfaces like bed rails, tables, and faucets. Be sure it is not on your hands when you handle food. http://www.nytimes.com/2010/06/01/science/01lett-CURBINGHOSPI_LETTERS.html?ref=science

And on the more positive side:

Music helps memory: Studying a dancing cockatoo proved that parrots, like people, are vocal learners. This explains why stroke victims learn better when singing and Alzheimer’s patients remember better that way as well. The implication for teaching your kids? Use music for memory work. http://www.nytimes.com/2010/06/01/science/01conv.html?ref=science

Get happy, get older. You can expect to be happier at 80 than you were in your 20s, because happiness increases with age. Good news for me as I turn 70.

http://www.nytimes.com/2010/06/01/health/research/01happy.html?src=me&ref;=general

And the Winner is….Fashion Stake

Fashion Stake won the $10,000 Princeton Entrepreneurs Network prize, just announced.

Premise: Young women who spend $5,000 a year on their wardrobe make $50 contributions to an up-and-coming designer and get to vote on style decisions and get other perks. The designer gets 25 percent of the take, the fashionistas get 50 percent, and Fashion Stake keeps 25 percent. The magic word is “crowdsourcing.”
More later… but a side note — in this era of social networking, when the Princeton Entrepreneurs Network launched a social enterprise subsidiary this very afternoon, no one was tweeting this conference. One of the presenters, @romneyw, tweeted it before the conference, as did I. I didn’t tweet at the event because I haven’t loaded the twitter ap on my blackberry.
So to get the results, I had to hoof it up there. Of course it was fun to be onsite but … but…but… In 2010 it’s supposed to work differently!

The three-way faceoff between social enterprise companies was, however, conducted in a 21st century way. The audience texted their favorites, and Virebo (a company that aims to reduce printing costs) won over an online dating site and photo processing software.