Q. When leasing commercial office space for the first time, most tenants discover that the amount of space they can actually utilize (the usable square footage or “USF”) differs dramatically from the amount of space quoted by the landlord in the lease document (the rentable square footage or “RSF”). This differential is called the “loss factor”, but more importantly, why does this occur?
On November 17th, OLC attended the General Assembly that AngelLaunch put together. This event was located at 225 Bush Street. The event opened with Bill Gross the CEO of IdeaLabs. He was the founder of the company that wanted to share tips and advices on how to build a successful start up in this competitive market. Some areas that Bill had covered in his presentation are the market opportunities, strategies, and investing trends for enterprise, cloud and business applications.
On November 13th, OLC attended Pitch Force held an event at Runway location 1355 Market Street. The event began with everyone receiving a pamphlet with all the starts ups that are presenting. the people get three million dollars to go invest it in any company that they believe is the best. after a certain time they then add up the amount of money they have collected and the top four moves forward to meet the panel of investors. They then pitch the concept of their company for the angel investors.
Eight entrepreneurs competed at an Ultra Light Startups pitch night at at the Microsoft building in Times Square on November 13, 2014.
If you were to choose between going to a show-and-tell demonstration or going to a legal talk on equity and term sheets, we won’t be surprised if you choose the former. But if you know what’s best for you and you want your startup funded and protected, then you’ll want to listen to David Sorin, the head of the Venture Capital and Early Stage and Emerging Companies practice at McCarter & English.
On November 12th, RocketSpace held an event located at 180 Sansome Street. They have five presenters that were there that wanted to introduce their product to the market. The evening featured presentation from five startups including Zero Drive, Vibease, Turf-ly, Opp.io, Net Power Light, Backdoor, and Next User.
On November 12th, OLC attended Founder Space event located on 450 Townsend Street. Founder Space has been running these events the longest so far in San Francisco. QTS Cloud is one of the sponsors that held this event that night to showcased mobile applications and the the development of the products. QTS Cloud provides services nationwide as well as local data center for businesses.
BrideClick, an ad network for companies catering to brides, won the top prize at Startupalooza on November 11. The monthly event, hosted at Mercy College by CEO Alan Brody, brings investors and entrepreneurs together for quick trade-show style pitching that culminates in a pitch-off between the top startups. The winner receives an invitation worth $1,500 to a Private Equity Forum event.
The most common medical device, the thermometer, just got smarter, thanks to Kinsa. The FDA-approved smart thermometer can track temperatures and symptoms all right, but it does that by connecting its nifty wand to a smartphone’s earphone jack where--having downloaded the app-- one can determine temperatures and symptoms.
On Tuesday, November 11th, 2014, OLC attended fin-tech.orgs meetup at Cooley LLP firm in San Francisco, where Mitch Fox from GoodApril talks about how his venture was acquired before even launching.