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What was Michael Eisner's biggest blunder while serving as Disney’s CEO?

Question answered: “What was Michael Eisner's biggest blunder while serving as Disney’s CEO?”Blunder 1:While CEO of Disney, Eisner’s son attended and graduated from Georgetown University. On at least one of his trips from California to visit his son at university, Eisner was astounded that he (his son) did not take advantage of visiting any of the many civil war sites and battlefields that were nearby. Eisner was fond of building spoiler attractions to distract (or draw) crowds away from their intended destinations. in September 1992, Lego was going to announce the location of their first American theme park. The finalists were Prince William County in Northern Virginia and Carlsbad, California. On the week before Lego announced their choice, Eisner leaked plans to build, “Disney’s America” a history themed park to be located in Prince William County, VA. Lego announced their choice of US park to be in California as Disney sunk thousands and likely millions of dollars into establishing a presence in Washington, DC, securing land rights and securing development deals until efforts to move forward with the Northern Virginia property were effectively blocked by the environmentalist efforts of Katherine Graham (owner of the Washington Post) and several other developers.Blunder 2:After the untimely passing of Frank Wells in 1994, Eisner decided to not secure another President who would otherwise manage the financial aspects of the Disney Empire. Prior to his passing, Wells had secured financing for Touchstone and Hollywood pictures by basically selling shares in movie futures markets. If you read the credits for any Touchstone movie released in the 80’s and 90’s you will see they were each produced through some variation of “Touchstone Partners” or “Pacific Partners” or “Silver Screen Partners” Each of these variations on, “partners” were another successful effort on behalf of Frank Wells to fund the movies and studios Disney was investing heavily in.When Eisner gave himself the title of, “President and CEO” he was effectively saying that he did not heed any additional fiscal guidance to fund Disney’s future projects.If Wells had remained President and Eisner’s primary fiscal advisor, he may have been able to develop more creative ways to finance and to manage the huge fiscal debacle that arose with the opening of Disneyland ParisBlunder 3In July 1994, Eisner was diagnosed with severe arterial blockage and required emergency bypass surgery. In what was reported in a very public argument. Jeff Katzenberg suggested that Eisner name Katzenberg as President, at least as an interim move while Eisner was undergoing surgery. Eisner refused and that resulted in a very public level of acrimony between Eisner and Katzenberg, ultimately leading to Katzenberg’s resignation and the creation of Dreamworks Animation along with Stephen Spielberg and David Geffin.An unspoken effort of Eisner during his tenure at Disney was his effort to create a legacy for himself, something that would be considered his crowning achievement as Disney CEO. Each of the listed blunders were the result of essentially failed efforts to create the Eisner legacy. Each individual gets to pick which of the blunders above was his biggest.

Is Santa Barbara a good start up community?

I maintain a list of Santa Barbara startups on my site. Check it out: http://www.davidpricco.com/santa-barbara-startups/Here's a sample:QADSoftware > Enterprise Resource ManagementPublic Company, based in Santa Barbara1,500+ EmployeesFounded: 1979QAD develops enterprise resource planning software for auto, high-tech, food, consumer products, life sciences, and industrial manufacturing companies globally. This software gives companies a platform for managing their materials, supply chain, manufacturing process, customer relationships, etc.100 Innovation Place. Santa Barbara (Summerland)qad.comCitrix OnlineSoftware > SaaS > ProductivitySB based subsidiary of a Public CompanyFounded: 1997Originally founded as ExpertCity by UCSB Computer Science professor Klaus Schauser to create an online market for computer support. ExpertCity took in $34mil in venture capital but could never quite get their support marketplace business model to work. To enable their service they had developed remote desktop sharing software, which eventually evolved into GoToAssist (remote support tool) and GoToMyPC (remote computer access).In 2003 ExpertCity was acquired by by Citrix Systems, a big public software company specialized remote access infrastructure, for $225mil, and rebranded it as Citrix Online, retaining most key developers . Citrix Online has since fully developed GoToMeeting (online meeting software) and GoToWebinar (web conference software) products as well.7408 Hollister Ave. Goletacitrixonline.comValueClick / Commission JunctionOnline Marketing > Advertising NetworkSB based subsidiary of a Public CompanyFounded: 1998Commission Junction is the largest online affiliate advertising network. Enabling website publishers to earn a commission on sales generated from website traffic sent by them to online merchants. Commission Junction was acquired by ValueClick in 2003 for $58mil. ValueClick also runs other types online advertising campaigns through their various divisions out of their Santa Barbara office.530 East Montecito Street. Santa Barbaravalueclick.comcj.comRaytheonMilitary ContractorSB facilities, part of a Big Public CompanyRaytheon is a large government military contractor, building all manner of missiles, surveillance, and other high tech military systems. 1n 1998 Raytheon purchased the Santa Barbara Research Center and has folded it into their Raytheon Vision Systems division, primarily to develop infrared detector products. Also in Santa Barbara is Raytheon Space and Airborne Systems, Raytheon Electronic Warfare Systems, and Raytheon Santa Barbara Remote Sensing.6380 Hollister Avenue. Goletaraytheon.comNetwork Hardware ResaleCommunications > EquipmentSanta Barbara based company, 250+ employeesFounded 1996With offices in New Jersey, Dallas, London, Amsterdam, and Singapore, Network Hardware Resale sells used and refurbished networking equipment. Network Hardware Resale has raised over $50mil in Venture Capital from Allied Capital.26 Castilian Dr. Santa Barbaranetworkhardware.comInogenMedical DeviceStartupUCSB Technology Management Program originated companyFounded: 2001Founded by TMP students Ali Perry, Byron Meyers, and Brenton Taylor, Inogen is a developer of portable oxygen compressor devices, an alternative to large oxygen tanks for people suffering from chronic obstructive pulmonary disease. Inogen has raised over $66 million dollars from Accuitive Medical Ventures, Arboretum Ventures, Avalon Ventures, Novo A/S and Versant Ventures.326 Bollay Dr. Goletainogen.netSonosElectronics > Home Audio EquipmentMedium Sized Company, 150-200 employees.Founded: 2002Sonos designs, manufactures and sells high end multi-room music systems that connect to the Internet, wirelessly stream music to different rooms in a users home, and are controllable via computer, iphone, ipad, and android devices. Sonos has taken in over $40mil in Venture Capital funding from Index Ventures and BV Capital.223 E De La Guerra St, Santa Barbarasonos.comRightScaleSoftware > SaaS > Cloud ComputingStartupFounded: 2006RightScale provides a Cloud Computing Management Platform that makes it much easier for websites, SaaS providers, and online apps to manage and automate their cloud based servers and processes. RightScale has taken in over $40mil in Venture Capital funding from Tenaya Capital, DAG Ventures, Benchmark Capital, Index Ventures, and Presidio Ventures.402 East Gutierrez st. Santa Barbararightscale.comTransphormEngineering / Clean Tech > Power ConversionFounded: 2007Founded by UCSB researcher Primit Parikh Ph.D and UCSB professor Umesh Mishra Ph.D., Transphorm manufactures ultra-efficient power conversion modules built using proprietary Gallium Nitride based technology.115 Castilian Dr. Goletatransphormusa.comD2 TechnologiesCommunications > VOIPFounded: 1993D2 technologies develops software for online IP communication, including digital signal processing, voice and video communication and instant messaging for smart phones.104 West Anapamu Street. Santa Barbarad2tech.comLynda.comEducation > Online > Graphic DesignMedium Sized Company, 150-200 employeesFounded: 1995Lynda.com is a subscription based online training library of videos that instruct users how to use leading image, photo, website and video editing software and office software. It was founded by, and is still run by, Lynda Weinman, who literally wrote the book on webdesign back in the 90s. Lynda.com received $100mil in funding from Accel Partners, Spectrum Equity and Meritech Capital Partners in 2013.6410 Via Real, Carpinterialynda.comAppFolioSoftware > SaaS > Property ManagementStartupFounded: 2006Founded by Klaus Schauser (of Expertcity) Appfolio makes a SaaS based program that property management companies use run their business. Appfolio also has plans to make business management SaaS for other kinds of businesses in the future. AppFolio has taken in $30mil in Venture Capital funding from BV Capital, Cisco, and the Investment Group of Santa Barbara (IGSB).55 Castillian Dr. Goletaappfolio.comEucalyptus SystemsSoftware > Cloud ComputingStartupUCSB originated companyFounded: 2009Eucalyptus Systems develops and supports open-source software that allows firms to use their own computers and private datacenters as a private or hybrid cloud computing resource. Eucalyptus has taken over $25mil in funding from New Enterprise Associates, Benchmark Capital, and BV Capital.130 Castilian Dr. Goletaeucalyptus.comYardi SystemsSoftware > SaaS > Property ManagementFounded: 1984Yardi Systems, Inc. develops real estate management software. Over the years they have a acquired many related companies and folded them into their own products.430 South Fairview Ave. Santa Barbarayardi.comInvoca (formerly: Ring Revenue)Online Marketing > Advertising NetworkStartupFound: 2007Founded by a local group of three former CallWave guys, RingRevenue is a technology company that provides a complete cloud-based solution for call marketing automation. Their platform provides detailed attribution and analytics, complete campaign management and mobile optimization tools to give marketers insight and control on the quality of inbound phone calls, plus the ability to optimize spend. RingRevenue’s pay-per-call features enable ad publishers to be paid by advertisers based on the quantity and quality of phone calls they drive to an advertiser’s call center. RingRevenue has partnerships with Fortune 1000 and Inc 500 brands, premier agencies and media publishers, and is also integrated into the major performance marketing networks, such as local company Commission Junction, and Rakuten Linkshare. RingRevenue has raised $10mil of Venture Capital from GRP Partners, Rincon Venture Partners, and Great Pacific Capital.125 E. De La Guerra St. Santa Barbararingrevenue.comImpact RadiusOnline Marketing > Attribution TechnologyStartupImpact Radius develops online advertising technology that aids in advertiser/publisher relationship management, multi-channel tracking, analytics and sale attribution. Impact Radius has raised over $6mil in Venture Capital from Redpoint Ventures.10 E Figueroa St # 2, Santa Barbaraimpactradius.comProCoreSoftware > SaaS > Construction ManagementFounded: 2003ProCore develops project management software for construction companies. ProCore’s software works mostly though normal email for most members involved, and only admins/managers need to regularly log into their online dashboard. Procore has raised over $5mil in Venture Capital from Great Pacific Capital, and O’Connor Ventures.1224 Coast Village Circle. Santa Barbara (Montecito)procore.comSoraaSemiconductors / Materials > Solid State LightingStartupUCSB originated companyFounded by researches/professors Shuji Nakamura, Steven Denbaars and James Speck of UCSB, Soraa developer of LED and laser-based lighting and projection display technology. The company utilizes unique technology relating to the growth of Gallium Nitride wafers to create high efficiency blue and green lasers and LEDs. Soraa has raised $5mil from Khosla Ventures.485 Pine Ave. Goletasoraa.comBioIQHealth Products > Testing KitsStartupFounded 2004BioIQ makes simple, high tech, easy to use medical diagnostic kits that test for heart, kidney, liver, and colorectal diseases, diabetes, osteoporosis, and prostate cancer. Each kit is sent to a specialized labratory, and requires only a mouth swab or pinprick, while equivalent tests sent to more general labs often require an entire vial of blood. Users then receive results through an intuitive online dashboard. Originally BioIQ targed consumers directly, trying to be the netflix of medical tests. They’ve since changed their strategy towards targeting large employers and health insurance companies, as early detection of these health issues significantly reduces long term healthcare costs. Bio IQ has raised over $3.5mil in Venture Capital from Great Pacific Capital.1222 State Street #200. Santa Barbarabioiq.comIntroNetworksSoftware > SaaS > Social NetworkingFounded: 2003IntroNetworks makes white-lable private social networks for various companies and groups. IntroNetworks’ networks focus on visualising the proximity of members to one another based on shared skills, interests, and goals. Intro network has raised over $3.5mil in Venture Capital from Adobe Systems and other investors.1280 Coast Village Circle. Santa Barbaraintronetworks.comFindTheBestWebsite Publisher > Product ComparisonStartupFounded: 2010Founded by Bryant Johnson and Kevin O’Connor, previously co-founder & CEO of DoubleClick (acquired by Google for $3.1bil) FindTheBest.com is a comparison engine which combines publicly available data with content written by FindTheBest employees (especially interns!) comparing different products as well as many general categories. FindTheBest hopes to sell ad inventory against this content, but is focusing on traffic growth in the near term. FindTheBest is funded by Kleiner Perkins Caufield and Byers.QAD campus at 100 Innovation Pl. Santa Barbara (Summerland)findthebest.comActive Life ScientificMedical Devices > Diagnostic InstrumentsStartupUCSB Technology Management Program originated companyFounded: 2007Founded by Davis Brimmer and Alex Proctor originally as a project for the TMP New Venture Competition, Active Life Scientific develops and manufactures a medical device called BioDent which measures bone tissue strength by making a tiny dent on the surface of the bone using a highly sensitive needle, commercializing a technology developed at UCSB by Paul Hansma PhD. Active life has raised over $200k in seed stage funding.10 East Yanonaoli Street. Santa Barbaraactivelifescientific.comPhone HaloCommunications > Phone Accessory / Proximity SensorStartupUCSB Technology Management Program originated companyFounded: 2008Founded by Chris Herbert and Christian Smith originally as a project for the TMP New Venture Competition, Phone Halo develops, manufactures, and sells a device that senses the distance between your cell phone, and another object like your keys, and alerts you when you lose them by beeping and activating an app on the phone.316 State St. Santa Barbaraphonehalo.comTapjoyOnline MarketingStartupFounded: 2007SB office. Head office in San FrancicsoTapjoy provides a platform for internet advertisers to advertise within social games.32 Anacapa st. Santa Barbarawww.tapjoy.comOntraport (formerly Office AutoPilot)B2B SaaS > Online Marketing SoftwareFounded: 200645+ EmployeesOntraport provides a CRM and marketing process platform that focuses on automating recurring business processes.2040 Alameda Padre Serra #220www.ontraport.comriptide ioSoftware > Device networking and integrationStartup10 employeesFounded 2011Riptide IO helps companies integrate and manage large networks of sensors and other smart devices.315 Meigs Road, Suite:A110. Santa Barbarariptideio.comMaps.comOnline retailer for mapsFounded: 1991Provider of mapping products and solutions to business, education and consumer markets.120 Cremona Dr, Suite Hmaps.comHG DataBusiness IntelligenceStartupFounded: 2010HG Data is building a business intelligence database from unstuctured web data across several verticals. Basically they sell leads of businesses that use or need particular enterprise software. HG data has raised about $3m in funding.15 W. Figueroa. Santa Barbarahgdata.comProductPlanSoftware > SaaS > Product ManagementStartupFounded: 2013ProductPlan is web-based software that helps companies develop and communicate their strategic product roadmap.5385 Hollister Ave. Suite 212productplan.comCogiSoftware > ProductivityStartupFounded: 2007Cogi software transcribes audio to text. Allowing users to capture, review and share the ideas from meetings, lectures and phone calls.901 Olive Street, Santa Barbaracogi.comNovaCoastIT > Software Development and DeploymentFounded: 1996Novacoast is a software developer specializing in custom development of identity management software, security and compliance software, Enterprise applications, B2B web applications, and open source software installation.1505 Chapala St. Santa Barbaranovacoast.comAnsibleWorksIT > Software Development and DeploymentFounded: 2012Ansible is an IT orchestration engine that makes applications and systems easier to deploy1482 East Valley Road, Suite 888. Montecitoansibleworks.comAppScaleIT > CloudFounded: 2009Appscale makes Platform-as-a-service software for businesses which allows users to host their google and other apps on their own servers.UC Santa Barbara appscale.cs.ucsb.eduAurrionMaterialsFounded: 2007Aurrion produces photonics and silicon based microsystems.130 Robin Hill Rd, Goletawww.aurrion.comGreen Hills SoftwareSoftwareFounded: 1982Green Hills makes equipment embedded operating systems130 Robin Hill Rd, Goletawww.ghs.comService ObjectsSoftware / MarketingFounded: 2001Service Objects keeps a huge database of customer contact info for use in marketing lead validation.133 East De La Guerra St., Suite 10www.serviceobjects.comIntervals (aka Pelago)Software – Time Tracking SaaSStartupFounded: 2006Intervals makes Online project managemnent and time tracking software for business.423 N Milpas st.www.myintervals.comLocal Market LaunchMarketing – Online Local SEOFounded: 2012Founded by Brian Coryat, the founder of ValueClick, Local Market Launch manages local directory listings and SEO for small businesses118 E Ortega st.localmarketlaunch.com

What is the professional background of the major General Counsels and Deputy GCs in Silicon Valley?

General CounselsAmazon.com (product): L. Michelle Wilson. Prior to joining Amazon.com in 1999, worked at Perkins Coie (1988-99). She became a partner in 1994.Apple: Bruce Sewell. In September 2009, joined Apple from Intel (company), where he was GC. Sewell joined Intel in 1995 as a senior attorney. In 2001, Sewell was promoted to VP and deputy GC, managing Intel’s litigation portfolio and handled M&A. Prior to Intel, Sewell was a partner in the litigation firm of Brown & Bain.eBay (product): Mike Jacobson. Prior to eBay, was a partner with Cooley.Electronic Arts: Stephen Bene. Has been an in-house attorney at EA for all of his career.Facebook: Ted Ullyot. Former litigation partner in the Washington, DC office of Kirkland & Ellis. Before Kirkland, Ted was EVP and GC of ESL Investments, private investment firm. Earlier, he was SVP and GC of AOL Time Warner Europe. Ted was also Deputy Assistant to President George W. Bush and Chief of Staff of the Justice Department.Google (company): David Drummond (Chief Legal Officer). Currently Chief Legal Officer & SVP Corp Dev at Google. Joined Google in 2002, initially as VP of corp dev. Before Google, was a partner in the corporate transactions group at Wilson Sonsini.Google: Kent Walker (General Counsel). Before joining Google, Kent was Deputy GC of eBay. Previously, he was EVP of Liberate Technologies. He also served as Associate GC for Netscape and America Online and Senior Counsel for AirTouch Communications. Earlier in his career, Kent was an Assistant US Attorney.LinkedIn (product): Erika Rottenberg. Before joining LinkedIn in July 2008, was SVP and GC for SumTotal Systems, an enterprise software company. Prior to that, she was VP, Strategic Development and General Counsel at Creative Labs. Started started her legal career at the Silicon Valley-based law firm of Cooley.Skype (product): Neil Goldman. Prior to Skype, served as EVP and Chief Legal Office of 3Com.Twitter: Alexander Macgillivray. Previously associate GC of Product and IP at Google. Prior to that, attorney at Wilson Sonsini.Yahoo: Michael Callahan. GC of Yahoo! since September 2003. Deputy GC at Yahoo during 2001-2003; Associate GC during 2000-2001; Senior Corporate Counsel in 2000; Corporate Counsel during 1999-2000. Prior to Yahoo!, served as the Manager of Business Development and Corporate Counsel of Electronics For Imaging. Prior to that, was an attorney at Skadden, Arps.Zynga (company): Reggie Davis. Previously spent nine years at Yahoo, most recently as VP of network and exchange operations. Prior to that, was associate GC at Yahoo.Deputy General CounselsFacebookMark Howitson. Previously, Partner at Orrick, Herrington & Sutcliffe and Associate at Gunderson.David Kling. Previously, Partner at Gunderson (1997-2009).Michael Richter. Currently, Deputy GC and Chief Privacy Counsel. Previously, Associate GC at eBay (2000-2007).Julia Schwartzman Popowitz. Previously, attorney at Schwartzman Legal Group and at Wilson Sonsini.GoogleChristopher Chin. Former Senior Counsel, Ariba (1999-2002); Corporate Counsel at Netscape (1996-99).Don Harrison. Former senior associate (2000-05) at Wilson Sonsini.Nicole Wong. Partner, Perkins Coie (1997-2004)Zynga (company)Jay Monahan. Previously: GC at Vuze (company); VP, Intellectual Property at eBay (product); VP, Worldwide Anti-Piracy at Disney; Associate, Brown & Bain.Karyn Smith. Previously: Founder and Principal at Montgomery Pacific Law Group; VP and GC at Finaplex; Partner at Cooley.

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