SCribe Newsletter
October 2002
Table of Contents
  • D&T Fast 50
  • Networking
  • Outsourcing
  • Mergers & Acquisitions
  • Raising Money
  • Innovations
  • SCSC Information
  • Congratulations to the D&T Fast 50

    By Richard Koffler, CEO, Koffler Ventures
    What a great time I had as a guest of our Infinity sponsor Deloitte & Touche at their annual Orange County/San Diego Technology Fast 50 event at the La Costa Resort & Spa in Carlsbad! It was certainly well worth the two-hour drive each way: excellent networking, delicious food, a beautiful facility, a first-rate production, and the pride of seeing our Software Council member Micro General Corp. come in third with a growth rate of 7,662%. Yes, that's right: seven thousand six hundred sixty two percent. more...

     

    Networking

    High Performance Human Networking
    By Larry Wade, President, Software Association of Oregon


    Networking Ranks at the top of every SAO survey when we ask our members why they join. Over the years, I've observed that some people and some companies network better than others, and I thought these observations might be of interest to you. More

     

    Outsourcing

    The Rise of Outsourcing
    Gabrielle M. Wirth and David L. Hayes of Brobeck, Phleger & Harrison LLP


    In the 1990's, there was explosive growth in the use of contingent workers, often classified as independent contractors. A key goal achieved by these arrangements was lower total labor costs. Contingent workers are generally less costly than regular employees as they usually do not receive fringe benefits and the employer is not required to pay employment taxes or overtime premiums. Additionally, because of the perceived transient nature of contingent workers, an employer's workforce may be more easily reduced or increased according to market needs. More

     

    Mergers & Acquisitions

    Merger and Acquisition
    By John Vestri, CFO, Saddleback Valley Professional Resources

    Whether you are on the buy side or sell side, an M&A transaction may be the only legitimate strategic move available to your company in today's environment. On the sell side many entrepreneurs have long viewed an acquisition or merger as an easy means of liquidity. After all now that people have realized that you have to actually run the business after an IPO merging and cashing out sounds pretty good. On the buy side a merger can be an easy avenue to revenue growth that has been found to be wanting from organic sources. Here is a humorous look (with a serious message) at "The TOP TEN REASONS," an M&A strategy will make you crazy. More

     

    Raising Money

    Raising Money in Today's Marketplace
    By Kimberly Valentine, Partner Deloitte& Touche Corporate Finance LLC

    Money is being raised and investments are being made; however, it will come as no surprise that the deal values have decreased substantially. According to Venture Economics and the National Venture Capital Association, in the 1st quarter of this year, 60 deals were completed with a dollar value of $1.6 billion as compared to 1st quarter of 2001 in which 70 deals were completed worth $8 billion. However, amongst a dismal economic outlook, there exists good news: the key to a successful capital raise is not a secret. More

     

    Innovation

    Innovation Is The Leading Competitive Advantage Of Fast
    Growth Companies
    From PricewaterhouseCoopers

    PricewaterhouseCoopers' "Trendsetter Barometer" interviewed CEOs of 407 product and service companies identified in the media as the fastest growing U.S. businesses over the last five years. The surveyed companies range in size from approximately $5 million to $100 million in revenue/sales more...

     

    Scribe Online Authors

    If you are a SCSC member, we need you to share your business experiences. Please contribute articles on relevant management, finance/funding, sales and marketing as well as organization development issues that drive software and Internet companies. Send your ideas and inspiration to scribe@scsc.org

     

    SCSC Overview and Mission

    The Software Council of Southern California (www.scsc.org) is a non-profit industry trade association, comprised of software development organizations as well as those businesses that provide support and services to Southern California's software industry. The organization's mission is to bring people and information together to promote industry economic growth, encourage new technologies and enhance software and Internet entrepreneurship

     

    How To Contact Us

    Catrina Gruver, Director of Programming, catrina@scsc.org
    Kristen Messineo, Program Coordinator, kristen@scsc.org

    Software Council of Southern California
    2461 W. 208th, Suite 202
    Torrance, CA 90501

    Phone: (310) 328-0043
    Fax: (310) 224-1993

    www.scsc.org

    To Subscribe to the SCSC Mailing List Click Here
    To Unsubscribe Click Here and type unsubscribe in the subject header

     

     

    Corporate Sponsors


    Infinity
    Deloitte & Touche LLP
    neoBrands

    Platinum
    Shaw Pittman LLP

    Gold
    Ernst & Young
    KPMG LLP
    PricewaterhouseCoopers LLP
    PR Newswire
    RSM McGladrey, Inc.


    Silver
    Brobeck, Phleger & Harrison LLP
    Invest Quebec

    Upcoming Events


    October 15
    LA Chapter Dinner

    Bootcamp: IMPLEMENTING ENTERPRISE SOFTWARE THE RIGHT WAY

    October 23
    OC Chapter Dinner

    Government Sourcing for Revenue and Funding

    October 29
    IMPACT! Sales and Marketing

    Optimized Marketing
    Your Guide To Achieving Rapid ROI on
    Web Site Optimization & Targeted Search Engine Traffic

    November 5
    SCSC Orientation
    LA Region

    November 6
    SCSC Orientation

    OC Region

    November 12
    CFO Forum

    Topic TBA

    November 14
    Software Executive Roundtable


    November 19
    Valley Chapter Dinner

    How to Develop a World Class Sales Organization

    November 21
    eBusiness

    Security and Privacy


    Board of Directors

    Executive Committee:

    Chairman: Jerry Skillett
    CEO
    24-7-digital, Inc.

    President: Sue Plummer
    Vice President
    VantageMed

    Vice President: Mark Skiba
    CEO
    BOTrader

    Treasurer: Tim Lovoy
    Partner
    Deloitte & Touche

    Secretary: Richard Hansen
    Partner
    Petillon & Hansen

    Directors:

    Gary Bennett
    President
    Sigura.Net

    Nicolle Davis
    Executive Director of Marketing
    Wolfetech Development Corporation

    Brad Grob
    Managing Partner
    The Cambrix Group

    James Knudson
    Managing Director
    RSM McGladrey

    Richard Koffler
    CEO
    Koffler Ventures LLC

    Dr. Adam Kolawa
    CEO/Chairman
    Parasoft

    Hoshi Printer
    CFO
    Autobytel, Inc.

    Helen Russell
    President
    SCS, Inc.

    Edwin Sauve
    Senior Vice President
    Silicon Valley Bank