Poe descendant to select the writer's home (Associated Press via Lancaster Online)

Structure? The Flatter, the Better (New York Times: Corner Office)
Interview with Cristóbal Conde, president and C.E.O. of SunGard

SAP Blows Huge Opportunity With Timid Support Changes (Information
Week: Global CIO)

Media News Group Set for Bankrupcy, Says Operations will be Unaffected (Media Bistro: BayNewswer)


Daily Links 1/13/10: Philly Fed Chief sees 3-3.5% growth in 2010

Roberts Tells Genachowski There Are No Quick Retrans Fixes
Comcast Chief Says FCC Needs To Assess Whether "Different Approaches' Are Needed
(Multichannel News)

Comcast wants "clear rules," even if it means net neutrality (ars technica)

Philly Fed's Plosser sees GDP growth at 3-3.5% for 2010 (Philly.com:
Philly Inc)

Beige Book-Philadelphia-
January 13, 2010
(Federal Reserve Board)


Amtrak To Add WiFi, Upgrade Fleet (Wired Blogs: Autopia)

salesforce.com Ready for Acquisition Trail? (24/7 Wall Street)
Berwyn's Boomi could be one logical candidate.

Moto Sells EMEA Docsis Modem Biz (Light Reading: Cable Digital News)

Governor Rendell Announces $2.25 Million in Federal Funds to Help Expand Reliable, Affordable, High-Speed Internet Access in Pennsylvania (PR Newswire)

Study: Pa. Should Skip Tax Breaks for Tech Firms (Associated Press via ABC News)
Study conducted by Union-aligned organizations.


Copy Cat: Xerox Unveils Plan For Addressable TV Ads, Says It Could Rival Branded Entertainment
(MediaPost: Media Daily News)
I'm sure Xerox will make a lot of money off of this, just like they did with Ethernet, the GUI and the Mouse.

SAP PARTNERS SPARE CUSTOMERS’ CASH FLOW WITH HOSTED SOLUTIONS
CIBER, itelligence, Optimal and RunE2E Offer Midsize U.S. Customers Industry-Specific SAP® Business All-in-One Solutions at Fixed Subscription Cost and Minimal Up-Front Investment

(SAP Press Release)

Analytical Graphics _ Space Foundation Discovery Institute — Great Grant! (Satnews Daily)

MEDecision Completes Successful 2009 as Demand for Health Information Exchange Grows (Business Wire)

BFTP/NEP Releases 2009 Annual Report for Download (BFTP/NEP)



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Daily Links 1/12/10: BioLeap gets $5 million in Financing

Google's investment arm to grow partner ranks (Reuters)
Google Ventures teams up with First Round Capital on VigLink.

BioLeap, Inc. Secures $5M Series A Financing from Adams Capital Management and Quaker BioVentures
(Business Wire)

Will 2010 be mobile advertising’s big year? (VentureBeat)

Check Out Boston's Mobile Tech Scene (Silicon Alley Insider)

Mobile Apps Provider Flurry Poised For Growth (MediaPost: Online Media Daily)

Private Vegas meetings between Comcast, FCC (The Hill: Hillacon Valley)
What happens in Vegas stays in Vegas, I guess.

'Would Comcast Have Created Google?' (The Atlantic Wire)

Princeton scientist focuses on future of laser technology
(Times of Trenton)

BPM Pure Play days numbered with Progress acquisition of Savvion (OnStrategies Perspectives)

ARIS for Independent and Occasional BPM (IT Business Edge)

Jaspersoft 3.7 reaches high into enterprise, and Oracle's backyard (ZDNet Blogs)

Verizon Wireless: We spent $163M in Phila. area (Philadelphia Business Journal: Technology Blog)

First Phase Of Verizon FiOS Build Coming To An End
Company will now focus on improving uptake in existing markets...
(Broadband Reports)

Environmental Tectonics Corporation Announces Third Quarter and Year To Date Fiscal 2010 Results (PR Newswire)

Adaptive Digital Technologies Announces Two Complete Suites of Industry Standard, VoIP Voice Engine Software for Android™ (Newswire
Today)



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First Round Capital RoundUp: 1/11/2010

More from First Round's "Startup Trek" of incubators and shared workspaces in NYC last week: NYC-based Entrepreneur in Residence Charlie O'Donnell writes "What I learned on the First Round Startup Trek" (includes video clips). O'Donnell also explains what he sees as his role with First Round in this post for The Business Insider.



First Round was reported this week to be an initial outside investor in Jelli, a crowdsourcing service allowing individuals to indicate their song preferences and influence the playlists of traditional radio stations, such as Live 105 in San Francisco.

First Round portfolio company Aggregate Knowledge of San Mateo CA has raised an additional $9 million, increasing its total funding to date to $34.5 million. (It is not clear whether First Round participated this time.) Aggregate Knowledge has shifted its business model from being an ecommerce recommendation engine to providing display ad analytics to marketers, as Venture Beat explains. Also on the display ad front, Philadelphia-based Invite Media announced it had invaded the UK and Europe with the opening of its London office. Invite Media provides what it calls the first universal buying platform for online display media

Jingle Networks, the free directory assistance company (Free411), raised another $6.75 million to increase its total funding to almost $90 million. CEO Scott Kliger says "all of our current investors participated in this round", TechCrunch reports ; First Round Capital and Comcast Interactive Capital were existing investors. There are questions as to whether Jingle is profitable on a cost per call basis, but Kliger says "the voice service is profitable" and the additional investment will be used to expand its mobile ad network.

The New York Times reported how one investment firm is creating a "fund of funds" including venture capital, which might make it easier for large institutional funds to participate in relatively smaller VC funds such as First Round. Also, Fred Wilson weighs in on the "larger portfolio/smaller portfolio" issue, using First Round as a comparison to Union Square.

The Times also does a writeup on Pittsburgh online apparel retailer ModCloth, which First Round invested in.

First Round portfolio company Pinch Media has merged with Flurry; the two companies will combine their expertise in tracking and measuring the use of mobile applications. The merged company, which will operate as Flurry, may seek additional funding this year.




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NBC sets Jay Leno's prime-time exit and return to late night; still no deal with Conan O'Brien (LA Times: Company Town)


Issa: Comcast-NBC deal "will go through" (The Hill: Hillicon Valley)

Skype’s CEO says companies (like Comcast) are squelching innovation (VentureBeat)

Pfizer to cut 680 jobs at 2 Pa. sites (Philadelphia Inquirer)
Highly ranked Wyeth IT operations particularly hard hit.

Philly Phanatics
High viewer standards in DMA #4
(Broadcasting & Cable)