After seeing Josh Groban at Wolf Trap in VA, I would recommend his show/performance to all who love excellence in music and entertainment.

He is the “Next best Entertainer”

His voice is incredible and his songs and stage presence are magnificent.

Our families top 3 performers are Chris Botti, Josh Groban and Harry Connick, Jr.

If they are in your area, don’t miss them.




Amazon Might Start Testing Its Delivery Drones In India, Since It Can’t In The US

amazon drones


Amazon will reportedly start testing its delivery drones in India as soon as October, sources tell The Economic Times of India.Amazon CEO Jeff Bezos first announced the company’s drone delivery ambitions back in December 2013, which would let customers receive packages in as little as 30 minutes.

The company hit roadblocks in its initial testing because commercial drone use is currently illegal in the US. The Federal Aviation Administration (FAA) currently dictates that only hobbyists can fly drones outdoors, while all commercial experimentation needs to take place indoors. (The FAA was originally expected to lift its ban on commercial drones starting in September 2015, but The Washington Post says “technical and regulatory obstacles” will delay that deadline.)

To avoid these domestic regulatory constraints, Amazon will reportedly start drone trials in India, which doesn’t have any laws about drone usage. The Economic Times pinpointed two Indian cities, Mumbai and Bangalore, where Amazon already has warehouses.

The testing would likely bring big publicity to Amazon in India, where the company is currently battling it out with Flipkart, an e-commerce company that recently raised $1 billion. The next day, Bezos announced that Amazon would invest $2 billion in its Indian operations.

Amazon told The Economic Times that it wouldn’t comment on the rumors.

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.



This was sent to me by a friend.

Got to love this school teacher!
In September of 2005, on the first day of school, Martha Cothren, a History teacher at
Valley Heights High School in Port Rowan , did something not to be forgotten.

On the first day of school, with the permission of the school Superintendent, the Principal
and the Building Supervisor, she removed all of the desks in her classroom. When the First Period
kids entered the room, they discovered that there were no desks. “Ms. Cothren, where are our desks?”

She replied: “You can’t have a desk until you tell me how you earn the right to sit at a desk.”
They thought: “Well, maybe it’s our Grades.” “No.” she said. “Maybe it’s our behavior.” She told them: “No, it’s not even your behavior.” And so, they came and went ~~~ the First Period, Second Period, Third Period. Still no desks in the classroom. Kids called their parents to tell them what was happening and by early afternoon, television news crews had started gathering at the school to report
about this crazy teacher who had taken all the desks out of her room.

The final Period of the day came and the puzzled students found seats on the floor of the desk-less classroom.

Martha Cothren said: “Throughout the day no one has been able to tell me just what he or she has
done to earn the right to sit at the desks that are ordinarily found in this classroom. Now I am going to tell you.”
At this point, Martha Cothren went over to the door of her classroom and opened it.
Twenty-seven (27) Veterans, all in uniform, walked into that classroom, each one carrying a school desk.

The Vets began placing the school desks in rows, and then they would walk over and stand alongside the wall.  By the time the last soldier had set the final desk in place, those kids started to understand –perhaps for the first time in their lives — just how the right to sit at those desks had been earned.

Martha said: “You didn’t earn the right to sit at these desks. These heroes did it for you.
They placed the desks here for you. They went halfway around the world, giving up their education and interrupting their careers and families so you could have the freedom you have.

Now, it’s up to you to sit in them. It is your responsibility to learn, to be good students, to be good citizens.They paid the price so that you could have the freedom to get an education. Don’t ever forget it.”
By the way, this is a true story, and this teacher was awarded Veterans of Foreign Wars Teacher
of the Year in 2006. She is the daughter of a WWII POW.
Do you think this email is worth passing along so others won’t forget either,
that the freedoms we have in this great country were earned by our Veterans ??? I did.

Let us always remember the Men and Women of our Military and the rights they have won for us.


Venture Capital Survey

Set forth below is the link to our 2Q14 venture survey.

Second Quarter 2014 Silicon Valley VC Survey

We hope you find this information useful and would be happy to answer any questions you might have regarding the survey.

We would like to express our appreciation to the Venture Capital Journal, Venture Wire and PeHUB for allowing us to provide to our readers certain of their articles that are behind a “pay wall” and that would otherwise require a subscription to read.

Barry Kramer
Michael Patrick

2Q14 VC Survey Printer Friendly Version


San Francisco, August 2014

Successful “Date Certain M&A” of ClearEdge Power, LLC, its Assets and Intellectual Property to the Doosan Corporation. Gerbsman Partners, Financial Advisor

Steven R. Gerbsman, Principal of Gerbsman Partners, Kenneth Hardesty, Managing Principal and James Skelton, member of Gerbsman Partners Board of Intellectual Capital, announced today their success in maximizing stakeholder value for ClearEdge Power, LLC, (http://clearedgepower.com) through a 363 Chapter 11 sale to the Doosan Corporation (http://doosan.com).

Gerbsman Partners provided Financial Advisory leadership to ClearEdge Power, LLC, through the Chapter 11 process, facilitated the sale of the business unit’s assets and its associated Intellectual Property and closing of the sale. Due to market conditions, the board of directors of ClearEdge Power made the strategic decision to maximize the value of the business unit and Intellectual Property. Gerbsman Partners provided leadership to the company with:

1.  Business Consulting and Investment Banking domain expertise in developing the strategic action plans for maximizing value of the business unit, Intellectual Property and assets;
2.  Proven domain expertise in maximizing the value of the business unit and Intellectual Property through a Gerbsman Partners targeted and proprietary “Date Certain M&A Process”;
3.  The ability to “Manage the Process” among potential Acquirers, Lawyers, Creditors Management, Advisors and the Chapter 11 process;
4.  Communications with the Board of Directors, senior management, senior lenders, creditors, vendors and all stakeholders in interest.

About Gerbsman Partners

Gerbsman Partners focuses on maximizing enterprise value for stakeholders and shareholders in under-performing, under-capitalized and under-valued companies and their Intellectual Property. Since 2001, Gerbsman Partners has been involved in maximizing value for 83 Technology, Life Science, Medical Device, Solar, Fuel Cell and Digital Marketing companies and their Intellectual Property and has restructured/terminated over $810 million of real estate executory contracts and equipment lease/sub-debt obligations. Since inception in 1980, Gerbsman Partners has been involved in over $2.3 billion of financings, restructurings and M&A transactions.

Gerbsman Partners has offices and strategic alliances in San Francisco, Boston, New York, Washington, DC, McLean, VA, Europe and Israel.

Phone: +1.415.456.0628, Cell: +1 415 505 4991
Email: steve@gerbsmanpartners.com
Web: www.gerbsmanpartners.com
BLOG of Intellectual Capital: blog.gerbsmanpartners.com


Wildly Popular Messaging Apps Are Becoming Immersive Mobile Platforms In Their Own Right



Messaging apps like WhatsApp and WeChat are huge and getting bigger.BI Intelligence‘s data shows that WeChat, LINE, WhatsApp, and Snapchat are all growing their user numbers in 2014 at a quarterly rate of 15% or higher.

Like social networks before them, these apps are becoming the hubs for everything global smartphone audiences do on mobile. Messaging apps help people connect with one another, share photos, video chat, and increasingly engage in activities that earn significant revenue for the apps, including playing games, buying digital goods, and even shopping offline.

User sessions for messaging and social apps increased 203% in 2013, according to Flurry. That’s about twice as fast as the increase in sessions for all types of apps, which was 115% for the year.

A recent report from BI Intelligence takes a deep dive into the messaging wars. The report contains our exclusive estimates for monthly active users for all the top global messaging platforms — including some like Snapchat and LINE, which do not release MAU numbers. In the report, we describe the similarities and differences between 15 messaging apps and include a case study of Japan-based LINE as an example of how this category can monetize and drive hundreds of millions of dollars in revenue.

Access The Full Report And Data By Signing Up For A Free Trial Today>>

Here are some of the top insights on the mobile messaging wars:

The report is full of charts and data that can be easily downloaded and put to use.

In full, the report:

For full access to all BI Intelligence’s charts, analysis, and daily briefings on the digital media industry, get started with a free trial.

An Upcoming iPhone Feature From Apple Will Completely Transform How You Use Apps

Apple’s new operating system for mobile phones and tablets, iOS 8, is slated to release in the fall, and one of its features will transform how you use your apps.Apple calls it Extensibility, and it basically allows your apps to share both information and functionality with each other, which means less time spent switching between apps.

Let’s say you have a favorite app for editing your photos, such as Adobe Photoshop Express.

Before Extensibility, you would need to be inside Photoshop Express in order to use its editing tools. But with Extensibility, you’ll be able to access those same editing tools right from within Apple’s native Photos app. The editing tools from Photoshop Express would act as the “extension” in this case, and the Photos app would then have access to that extension, allowing you to take advantage of Photoshop Express’ unique features and functionality even from within outside apps.

Popular password management app 1Password has already demonstrated how it will use Extensibility to let users easily fill in password info from within any app. Before, you had to boot up 1Password, copy the password for a site or app, and then open the site or app and paste it in. But Extensibility eliminates those extra steps. Other apps can plug into 1Password and let you use it without opening a separate app.So how does it work?

There are different types of extensions depending on how and where they will share information with other apps. Apple wants to prevent apps from simply having full access to all of the information in your other apps, so extensions are focused on particular functions and tasks, such as Share, Action, and Photo Editing.

It’s important to note that an app won’t be able to randomly request important info from another app without your consent. You have complete control over when an app makes a request to use an extension, meaning an app can’t request your PayPal password from 1Password unless you ask it to.

Sports Center widget iOS 8 extension


Besides being secure, Extensibility means more information at your fingertips, and faster.Apple, for example, is allowing extensions to plug directly into your iPhone’s Notification Center, where it will act as a widget. If you want to stay up to date on the latest scores, you could enable ESPN’s Sports Center app to see its extension in Notification Center, allowing you to quickly check out what’s going on without opening the Sports Center app.

You won’t only be able to glimpse information from within Notification Center, extensions will also let you take action.Say you were using the Philips Hue app to control your smart light bulbs. Right now, that’s all done within the app, making it a tad inefficient. But Philips has shown off an iOS 8 concept for an extension that would let you turn on and off your smart lighting, even select some pre-set mood lighting, all from a simple swipe up of the Notification Center.

At its WWDC conference in June, Apple highlighted how an eBay extension would allow you to keep track of auctions from within Notification Center. And since extensions can also include actions, you’re even able to place a bid without opening the app.

Extensions can also be used to share things to your favorite social media site. Apple has limited sharing features integrated into iOS 7, but iOS 8 will usher in the ability for any social media app to design its own extension.

Say you’re browsing the internet using Safari. With Extensibility, you’ll be able to tap the image, select which social media website or app you’d like to share the picture with, and you’re done.

Extensibility even extends to core Apple software, such as its keyboard. If another app has a keyboard that you like better than Apple’s, they simply have to enable a keyboard extension to give users the ability to replace Apple’s keyboard with their own.

iOS 8 extensibility


At its heart, Extensibility will both remove friction and empower preference, letting users take their favorite app’s killer feature and use it from within another app.

It’s a giant step in the right direction for Apple, and it means that apps no longer will have compromise on polish in the name of being able to “do it all.” Instead, they’ll be able to focus on creating a unique experience that users will be able to take with them into other apps.

Extensibility will be available when iOS 8 launches as a free download this fall.


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