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Do Commercial Vendors Deserve Equity?

first_imgTags:#start#startups Top Reasons to Go With Managed WordPress Hosting Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai… If you asked startup founders whether they would rather give away 5% equity in the company or one of their toes, many would choose the toe. CEOs like Zynga’s Mark Pincus have always argued for startup founders to “own their destiny” and maintain control and ownership of their company. That’s why it was surprising to read VC Deal Lawyer Chris McDemus’ recent article entitled If You Provide a Strategic Technology or Outsourced Service, Consider Taking Some Equity in Your Fee Structure. Early-stage startup companies are used to giving away equity to advisors, IP lawyers and key staff, but McDemus argues that those vendors who provide core technologies should also build an equity agreement right into their service contracts. McDemus gives the example of Mint‘s acquisition by Intuit and how if Yodlee had taken some of Mint’s equity for providing the backend of the service, the company would have made great money on the sale. While this might sound like a good idea for service providers who risk abandonment, the idea is likely to ruffle the feathers of many a startup founder. The fantastic thing about startup companies in 2010 is that they’re iterating faster. Rather than stumbling in the dark for a few years before launching a product, many have launched in a mere six month engineering cycle. In fact, we’ve even featured companies being built in a week or a weekend. If vendors asked for cash AND equity as part of the commercial license, I wonder how this would change development. While service providers risk abandonment after startups get acquired by bigger companies, they may also risk abandonment for pursuing the equity route. Alternatives to an equity-seeking vendor might include open source technologies, using competitors who do not demand equity, or in a worst case scenario, building the core technology from scratch. If the bulk of your business’ technology is built in association with a commercial vendor and that vendor asked you for equity, would you give it to them? If yes, why? If no, how would you cope? center_img dana oshiro Related Posts 8 Best WordPress Hosting Solutions on the Marketlast_img read more

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How to Export and Import Presets for Adobe Media Encoder

first_imgLearn how to export and import presets for Adobe Media Encoder with this helpful video tutorial. Plus, free presets!Using presets with Adobe Media Encoder is a great way to save time when you are working with a production team or a client. You may already be familiar with creating your own presets in Adobe Media Encoder, but many people don’t realize you can also export and import custom presets. I do this all the time when I need a client to send me footage with particular specs. It is a lot easier to email them a preset file that they can import into Media Encoder and then simply drag and drop the footage to export it correctly. The alternative would be emailing them a long list of settings, which introduces room for error.You can also use this method if you switch editing computers and you need the presets from the old machine. Now, you can quickly export all of those presets and import them in Media Encoder on the new computer.Download the Free Media Encoder PresetsTo download the free Media Encoder Presets mentioned in the tutorial above, simply click the following download button.DOWNLOAD FREE MEDIA ENCODER PRESETSThe Keys to Exporting and Importing PresetsThe following points can help you when you create presets with Adobe Media Encoder:Before you create a preset, double check your settings (such as frame rate and aspect ratio).Check the estimated file size at the bottom of the export settings.Keep preset names simple and easy to identify. Have any tips for creating presets with Adobe Media Encoder? Share in the comments below.last_img read more

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Double whammy! Djokovic, Federer crash out in US Open shocker

first_imgRoger Federer and Novak Djokovic react after losing their US Open semifinals on SaturdayInstead of Novak Djokovic vs Roger Federer for the U.S. Open title, first-time Grand Slam finalists Kei Nishikori and Marin Cilic will vie for the championship after a pair of semifinal surprises Saturday.First, Japan’s Nishikori became the first man from Asia to reach a major singles championship match by staying fresher than Djokovic in stifling heat and winning 6-4, 1-6, 7-6 (4), 6-3.Then, Croatia’s Cilic used every bit of his 6-foot-6 (1.98-meter) frame to deliver stinging serves and flat groundstrokes during a quick-as-can-be 6-3, 6-4, 6-4 victory over Federer.”It’s fairly simple, I think: Marin played great and I maybe didn’t catch my best day,” Federer said after his 1-hour, 45-minute loss. “That’s pretty much it in a nutshell.”So much for No. 1-seeded Djokovic facing the No. 2-seeded Federer in a matchup between men who have combined to win 24 Grand Slam trophies. In what some will see as signaling a generational shift in tennis, Monday’s final will be No. 10 Nishikori against No. 14 Cilic.Croatia’s Marin Cilic defeated Roger Federer 6-3, 6-4, 6-4 in the US Open semifinal”That’s going to be a sensational day for both of us,” said Cilic, who at 25 is a year older than Nishikori.For the first time in nearly a decade – since Marat Safin beat Lleyton Hewitt at the Australian Open in January 2005 – a major final will be contested without at least one of Federer, Djokovic or Rafael Nadal, who didn’t attempt to defend his 2013 U.S. Open title because of a right wrist injury.advertisementThat trio won 34 of the past 38 Grand Slam trophies, including two months ago at Wimbledon, when Djokovic edged Federer in a five-set final.”It’s exciting for the game to have different faces from time to time,” the 33-year-old Federer said. “It’s definitely refreshing to some extent. It’s big for Croatia; it’s big for Japan.”Cilic, forced to sit out last year’s U.S. Open during a doping suspension, is the first man from Croatia to get this far at a major since his coach, Goran Ivanisevic, won Wimbledon in 2001.That’s nothing compared to Japan’s wait.Japan’s Kei Nishikori became the first Asian to reach a major singles championship finalAs it is, Nishikori was the first man from his country to reach a Grand Slam semifinal since 1933.”Very happy to make history,” said Nishikori, who moved to Florida at age 14.He weaved his way through a pair of five-setters totaling more than 8 1/2 hours while No. 3 Stan Wawrinka and No. 5 Milos Raonic, yet appeared much more lively as the temperature neared 100 degrees (37 Celsius) than Djokovic, a guy widely considered as fit as they come.”Just wasn’t myself,” Djokovic said.Especially in the pivotal third-set tiebreaker. He missed a pair of backhands. He double-faulted. He missed a forehand, and another to end the set, then smacked a ball in anger. Up in the stands, Nishikori’s coach, 1989 French Open champion Michael Chang, rose to his feet and pumped his fists.Making Nishikori’s performance all the more impressive is that as recently as a few weeks ago, he was swinging a racket while seated in practice, unable to run because he had a cyst removed from the bottom of his right foot in August.”I didn’t even know if I should come to New York,” he said, “so I wasn’t expecting nothing, actually.”Chang refused to let Nishikori think that way.”He might not have prepared the best way he knows how. But just because you haven’t done that doesn’t mean that you don’t give yourself the opportunity to come out and play,” Chang said. “That’s why I told him, ‘You get past the first round, the second round, anything can happen.'”This unforeseeable U.S. Open final shows that’s true.In the quarterfinals Thursday night, Federer dropped the first two sets against Gael Monfils and faced two match points, but escaped.There would be no such comeback against Cilic, who worked to improve his game while sidelined after testing positive for a stimulant in May 2013. He said he ingested the substance accidentally via a glucose tablet; the International Tennis Federation sought a two-year ban but it eventually was reduced to four months.Cilic had only played one previous major semifinal, at the 2010 Australian Open, while this was Federer’s 36th. And Cilic came into the day with an 0-5 head-to-head record.But this one went the other way. Wasn’t even close.Cilic hit serves at up to 132 mph (213 kph) and finished with 13 aces, including three in the final game. That he would serve effectively was no surprise. What truly stood out, though, was the way Cilic managed to hang with Federer in exchanges from the baseline.advertisement”He played,” Federer said, “with no fear.”last_img read more

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EAM Jaishankar to visit Dhaka

first_imgNew Delhi: Following the visit of Bangladesh Home Minister Asaduzzaman Khan to India, External Affairs Minister S Jaishankar is likely to visit Dhaka on 20-21 August.This will be Jaishankar’s maiden visit to Dhaka after taking over as External Affairs Ministry. Though the visit of EAM is taken to be a ‘courtesy’ visit, a new paradigm of relationship might be worked out. It’s also expected that Bangladesh Prime Minister Sheik Hasina might visit New Delhi in October for attending a meeting of a multilateral economic forum. After this, both PM Modi and Hasina might find an opportunity to meet at the sidelines of the UNGA meeting. It’s customary that newly appointed EAM pays a courtesy visit to neighbouring countries first. Jaishankar has already visited Nepal and Bhutan after becoming EAM. Now, he will pay a courtesy visit to Dhaka to meet the leadership of Bangladesh. Apart from meeting with Foreign Minister Abdul Momen, EAM might meet the PM during his stay. Also Read – Uddhav bats for ‘Sena CM’It will be the first meeting between two leaders of two closely related neighbour after the general election of India and Bangladesh. Both the countries are keenly watching the first meeting between two Home minister where some contentious issues might come up for discussion for the first time. Despite being described as ‘courtesy meeting’, diplomats of both sided are working hard to finalise the agenda of the meeting. Bangladesh High commissioner to India Syed Moazzem Ali has recently met EAM and handed over an official invitation to him for visiting Dhaka in suitable time. The EAM has already accepted the invitation, sources confirmed. Recently, the EAM had a meeting with High Commissioners and Ambassadors of the neighbouring countries to discuss an ambitious plan of implementing Act East Policy jointly with Japan.last_img read more

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