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Mark Evans

the blog - examines the world of telecom  and  technology  from  a distinctly Canadian perspective.

the person - lives in Toronto, CA with  his  wife  and  three children, and  works  as director of community with PlanetEye Inc.
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View Article  Google Advertises
Hey, Google's actually advertising, which raises the question about whether it has dumped it viral-only marketing philosophy. Probably not, but it's still interesting to see Google sponsoring PBS's Nova science show. This includes a 15-second video clip in which Google proclaims "it is proud to support Nova in the search for knowledge". You have to wonder why Google even bothers with advertising given its brand is so strong and ubiquitous. Perhaps Google is starting to become concerned about a backlash as more people bristle at its influence, power and ever-increasing number of services. As Bill Gates can tell you, there is a price for being an industry monster: no matter how good your products and/or intentions, market size tends to attract critics who push back against dominant players. As much as Google says "Don't be Evil", there is no way it can avoid being seen by some people as an industry bully. Google hasn't helped itself by getting into battle with copyright owners over the Library Project and the concerns over privacy when GMail was introduced. So perhaps Google has implemented a goodwill campaign to pro-actively stay onside with consumers. As much as Google is the dominant search engine player, it's still a long way of attracting the kind of wrath that Microsoft attracts.
View Article  VC 101
For any of those Web 2.0 entrepreneurs out there - and wannabe entrepreneurs -  Rick Segal has kindly put together a 12-step program for courting VCs properly. While it's a nice marketing plug for Rick's firm, J.L. Albright Venture Partners - it's also a must-read for entrepreneurs serious about raising private equity. From my short-lived days as an aspiring entrepreneur, I know first-hand that sitting across from a VC - even it's a casual conversation - can be intimidating. I mean, these are people who, in theory, could help make you a millionaire, right? (Our company, Blanketware Corp., never managed to raise venture capital and - sniff, sniff - I have yet to become filthy rich.) Rick's advice is straightforward: be courteous and polite, know your company and your market and be prepared to answer a variety of questions. His post is pretty long so get yourself a cup of coffee being diving in.
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View Article  Tropic Networks' Odd Survival Plan

Is the venture capital environment still struggling or is the telecom sector still unattractive to investors? These are questions that begged to be asked in the wake of Tropic Networks' unorthodox financing plans. The Ottawa-based optical networking equipment maker hopes to hang on for another nine months by spinning off its technology assets and business into a new entity called NewCo. Tropic Networks - a.k.a. OldCo, I guess - will then refocus its business on the oil and gas sector by acquiring  acquired two oil and gas companies (yes, that's oil and gas companies). Tropic will acquire oil developer Chamaleo Exploration and Tournament Energy. natural gas developer Tournament Energy for common and preferred shares. The deal will give NewCo/ Tropic $8.1-million in cash, which should let it  survive another nine months while giving it time to hunt down other sources of financing. To be honest, I've never heard of a telecom company getting into bed with an energy producer but we live in strange times. One thing that puzzles me about Tropic's financing plan is the optical market appears to be making a mini-comeback, particularly in the metro market, so you would think there would be some interest in the company. Tropic, which values its current assets at $36 million, raised $33-million of private equity in July 2004 from a group of investors that included Alcatel, Celtic House, Crescendo Ventures, Goldman Sacks, Kodiask Ventures and Teachers' Private Capital. This raised its total fund-raising activity to $120-million.

My blog has moved. Check out the new Mark Evans. It's part of my mini-blog empire that also includes All About Nortel and Twitterrati. You can subscribe to Mark Evans Tech by clicking on the RSS symbol above.
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