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UnknownMaintaining continued growth and leadership in the evolving children’s application market requires maximizing the value of our products to serve parents and children.  In this paper, we discuss how infusing Common Core State Standards into our apps/games and conducting our business in a socially responsible manner contributes to building trust among our target purchasers and to our future success.

Objective:

To demonstrate how Cupcake Digital is maximizing its potential for leadership in the children’s app market by infusing its apps with educator-developed learning moments specifically aligned with Common Core State Standards (CCSS).

Background:

The Common Core State Standards will play a critical role in the education of America’s children going forward.

The Common Core State Standards Initiative is a state-led effort — developed in collaboration with teachers, school administrators and experts – to provide a consistent framework that will help ensure children are college and career-ready by the end of high school. The CCSS set the requirements for children K-12 in all academic subjects and provide teachers and parents with a common understanding of what students are expected to learn.
However, as the introduction of the Common Core State Standards is in its earliest stages, communication to parents about this new concept and what is means to their children’s education is not yet clear or sufficient.

Common Core: A Social Responsibility

Cupcake Digital is committed to being a thoughtful, socially responsible company that parents, caregivers and educators can trust. We believe that producing apps that not only entertain, but also help ready a child to meet nationally acknowledged academic requirements can only enhance our own potential for success.

The apps and games we produce are based on well-known, highly successful children’s entertainment media properties.  These delightful stories are adapted in the form of deluxe storybook experiences and interactive games.

The infusion of learning moments — aligned with Common Core State Standards – enables us to maximize the educational value of our apps and games.

Cupcake Digital has taken a leadership role in the curriculum-infused children’s app market by creating free, educator-developed worksheets and activities that supplement learning moments in the story.

While 47 states have committed to adopting the Common Core Curriculum by 2014, awareness of the initiative’s specifics and value is not yet widespread.

Cupcake Digital has identified a clear opportunity to help inform parents about the Common Core State Standards – in layman’s terms – in the Common Core Corner at the end of each app.  It is intended to help parents understand how the app is preparing their children to meet the CCSS challenges at school and what their children are learning through the app’s activities and the process of reading the app itself.

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Infusion of Common Core State Standards: Serious Business

“Digital media offers children unparalleled opportunities to learn, imagine, participate, practice, and create. But without a guidepost, we know parents, educators, and kids have difficulty finding engaging, enriching interactive experiences,” said Susan Crown, founder and chairman of SCE.

Cupcake Digital is one of the first companies in the children’s digital space to blend entertainment with Common Core State Standards learning moments, and we do so responsibly.

“The process of infusing our apps with CCSS was not one we approached lightly,” says Susan Miller, President and Co-founder of Cupcake Digital.  “To align our learning moments effectively with Common Core requirements, we looked to educational consultants  — experts in the Common Core State Standards – to work with us,” she continues.

An example of how CCSS-aligned learning moments are infused into Cupcake’s apps is attached. (link to examples provided at the end of this position paper) The example shown addresses the infusion of English language arts and mathematics activities in Wubbzy’s Dinosaur Adventure.

Cupcake is dedicated to the notion that there is room for fun in learning.  While our apps are infused with the CCSS, we make the learning process entertaining and thoroughly enjoyable!

Common Core: A Competitive Advantage

Cupcake Digital is one of the first companies in the children’s digital space to recognize the opportunity to serve parents and children better by maximizing the value of our products through the infusion of Common Core State Standards learning moments.  In so doing, we are also striving to help make CCSS easy to understand and easy to practice for parents and kids.

“As the children’s digital market floods with new products at exponential rates, parents will need guidance in choosing the highest quality products for their kids,” says Brad Powers, Chairman and CEO of Cupcake Digital.

“Our goal,” he adds, “is to be the number one choice among parents for apps that they can trust to entertain, inspire and help prepare young children for success in school and beyond.”

The Common Core State Standards are here to stay; and   national awareness of them will increase over the next two years. Cupcake Digital’s authority on the subject of CCSS and accountability for responsible infusion of the standards into our apps will continue to provide us a strong competitive edge.

Example:

Three games in Wubbzy’s Dinosaur Adventure are specifically designed to help prepare children to meet the requirements set forth for Kindergarten by the CCSS.  The games illustrate how Cupcake Digital blends entertainment and learning in games that are fun and fanciful, while also instructive.

Dino Alphabet Game

Children are asked to drag the dinosaur over the trees to eat all the letters. As the letters are eaten, the letter name is spoken by the narrator so that children can make the association.

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The Dino Alphabet Game supports the English Language Arts CCSS for the foundation of reading, which require children to recognize and name all upper- and lowercase letters of the alphabet.

Dino Numbers Game

Children are asked to help the dinosaur to eat all the numbers from one to 10.  The numbers are read aloud, so that children can learn to recognize them.

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The Dino Numbers Game supports math learning by motivating children to count a variety of quantities and numbers. CCSS requires children to be able to count to 100 by ones and by tens.

Dino Word Game

Children are asked to help the hungry dinosaur find some words to snack on. A word appears at the top of the screen and is read aloud.  Below the word is a list of three words.  The child must select the one that matches the word at the top of the screen.

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Dino Word Game supports the English Language Arts CCSS requirement for children by teaching them to recognize a list of basic sight words that make up the majority of text and are critical to reading.

About Cupcake Digital Inc.
Cupcake Digital, Inc. was established in June 2012 with the intent of transforming children’s entertainment properties into deluxe story experiences infused with educational moments. Its first venture into digital applications was based on the Emmy Award-winning television series “Wow! Wow! Wubbzy!” The app immediately rose to # 1 and # 3 among children’s book apps on Amazon and iTunes respectively. Since then, every subsequent children’s story app created by Cupcake Digital has achieved a top 10 rating on Amazon. Headquartered in NYC, Cupcake Digital was founded by proven professionals in the fields of technology, family entertainment, publishing and brand marketing. In October of 2012, Cupcake Digital received its first round of private funding and has since gone on to partner with additional major children’s entertainment properties. For more information about Cupcake Digital Inc., please contact Carmen Hernandez at pr@cupcakedigital.com or visit www.cupcakedigital.com.

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Article from GigaOm.

For some odd reason, I felt that it was slim pickings when it came to stories for this weekend. It just might have been my NyQuil. Here are some great stories for you to enjoy while you relax over the next two days.

  • More drugs, more sports, same old Alex Rodriguez: By now you may have heard about New York Yankees third baseman Alex Rodriguez being embroiled in another performance-enhancing drugs scandal. Well, what you might not have done is read the whole 4,500 word piece that started it all. Miami New Times‘ Tim Elfrink in this old-fashioned investigative piece shows you don’t need to have a big budget to write stories that change the game.
  • In conversation with John Cheever: The Paris Review goes back in time and brings to us this conversation with one of America’s beloved writers.
  • Living the American Dream in West Bank: Vice‘s Kiera Feldman goes to hang out with Israel’s illegal homesteaders.
  • Home alone, no really: A Siberian family was cut off from the world for 40 years and lived blissfully unaware of World War II. Great piece.
  • The Art Collector: Steven Cohen, the man behind the hedge fund SAC Capital that is consistently in trouble with prosecutors over issues of insider trading, seems to spend hundreds of millions buying up rare and expensive art. I guess one has to do something with all that money. This is a great profile in n+1 magazine.
  • The parking meters and the coming revolution: Just a great little piece.
  • The spy novelist who knows too much: The New York Times reports on Gérard de Villiers, an 83-year-old Frenchman who writes pulp fiction books — four to five a year — and they are, well, literally ripped from the headlines. Someone please help me get the English translations.

Read more here.

 

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Article from GigaOm.

In contrast to the findings of a research note on Tuesday that says Silver Spring Networks could soon shelve its IPO, I’ve been hearing that Silver Spring is actually getting ready to finally go public within the next four weeks, a year and a half after filing its S-1. A delay that long between filing and finally trading is not ideal, but it’s not unheard of for companies to wait through difficult market conditions, particularly as they negotiate pricing.

Beyond discussions I’ve had with sources, in Silver Spring’s latest S-1 Amendment the company notes that longtime investor Foundation Capital now says it plans to purchase $12 million worth of stock at the IPO price, following the IPO, in a private placement. If Silver Spring was planning to shelve its IPO it probably wouldn’t be negotiating this detail with its investor, and also wouldn’t continue to update its S-1 every quarter (it would just withdraw it).

Solar installer SolarCity’s investors used a similar tactic when the company went public last year to try to create interest from Wall Street. SolarCity investors Elon Musk, Draper Fisher Jurvetson and DBL Investors, agreed to buy up about a third of the Solar City float the day before trading, and that helped it get out and pop on its first day. Bankers could take it as a good sign that Foundation Capital is looking to buy up even more shares of Silver Spring.

Silver Spring has continued to grow over the years, despite the fact that selling smart grid networks to utilities is a pretty difficult low margin business. If you only look at Silver Spring’s GAAP revenue and net income it doesn’t look all that amazing, which is what this analyst did. The company hasn’t ever had a positive net income, and it recorded revenue of $147 million for the nine months ended Sept 30, 2012, which was down from $176 million from the same period in 2011.

But if you look at the deals that Silver Spring closed in 2012, and the amount it billed its utility customers for, it actually had a decent year last year. The company recorded billings of $219 million for the nine months ended Sept 30, 2012, up from $183 million for the same period of 2011. Billings are how much Silver Spring invoiced its customers, and they are considered deferred revenue until they can be officially counted as revenue. It had its highest gross margin yet on those billings of 34 percent. The company has a total of $473 million in deferred revenue as of the nine months ended September 30, 2012, and about $60 million in cash for the same period.

That’s the problem with selling gear to utilities. The deals and the sales cycles take a really long time to negotiate from a trial to a commercial deal, and then a long time to see through to the end. We’ll see how comfortable Wall Street is with looking at both its GAAP and non-GAAP financials when it comes to interest in the IPO.

Silver Spring Networks has networked 13 million smart grid devices, and has contracts to network more than 22 million total. The company has a total backlog of $745 million in product and service billings.

Now, we’ll see if over the next four weeks, Silver Spring is able to negotiate and get enough interest to price its shares at the valuation it wants. But from what I’m hearing it’s starting to aggressively try to do just that.

Read more here.

 

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Article from GigaOm.

The notion that a lot of venture capitalists — and in particular Kleiner Perkins — have lost money on cleantech startups is now officially mainstream news, via a long article published in Reuters this week. The article isn’t inaccurate, but it misses a whole lot of nuances including  the big picture global trends of population growth and resource management, the long term play and some of the newer trends of the cleantech sector, and a few of the more successful companies in Kleiner’s cleantech portfolio.

We’ve been covering this roller coaster ride, and Kleiner’s plays for years. Back in the summer of 2010, I first wrote “Greentech investing: not working for most;” and in early 2012 I wrote pieces on “the perils of cleantech investing,” as well as “We can thank Moore’s Law for the cleantech VC bust.” Last year I wrote “Kleiner Perkins web woes, add greentech,” and Kleiner is not so great at investing in auto tech.

Cleantech Open western regional 2012

The article does have a pretty amazing tidbit in there, that Doerr dipped into his own pocket for the $2.5 million that Miasole needed to make payroll before it was sold to Hanergy. But here are 5 things I think the article missed:

1). The long-term larger risk, but bigger payoff: A lot of the manufacturing and infrastructure-based cleantech startups have been taking longer to mature and reach commercialization than their digital peers, and they’ve also needed more money. But when some of these rare companies actually do reach scale and are successful, they could be massive players with huge markets. It’s just a different kind of betting — think putting a $100 on 22 on the roulette wheel, versus $5 on a hand of poker. A combination of the two — a small amount of the high risk investments, with a larger amount of the low risk investments — could be a good play.

That was one of the reasons why it seems like investor Vinod Khosla is still investing in cleantech startups. Khosla Ventures’ biocrude portfolio company KiOR — which the firm mostly owns – has a potential market that is no less than an opportunity to displace oil in transportation. Imagine if a venture investor owned a big chunk of Exxon Mobil.

KiOR1

2). The bigger trend of population growth and resource management: Many venture capitalists might be steering away from the cleantech investing style of years prior, but the overall global trends that originally drove these early cleantech investments will only continue to grow. These planetary trends aren’t wrong, it’s just that a bunch of the investments that were made weren’t that smart. The world will have 9 billion people by 2050, and energy, water and food will have to be managed much more carefully. The climate is also changing, because too many people are using too many fossil fuel-based resources. Technologies — including IT — that manage these resources and replace them with more sustainable ones will have large markets, particularly in developing countries.WindGoogleLady

3). Beyond venture: For many cases, the cleantech investing model isn’t a fit for venture capital. But that doesn’t mean it’s not a good fit for other types of investors like private equity and project finance. Google has put a billion dollars into clean power projects, because those can deliver relatively safe and decent returns. Corporate investors — like GE or NRG Energy — are putting money into cleantech startups because it’s more than just a return, it’s a strategic investment. Cleantech innovation will also continue to come out of university and government labs and will be spurred along by government support of basic science research. Does cleantech innovation need a cleantech VC bubble to start changing the world?

 

4). Kleiner’s portfolio is more nuanced: The Reuters story accurately pointed out Kleiner’s struggling cleantech companies like Fisker, Miasole, Amonix, and others. And also rightly pointed out how the few cleantech companies it backed that went public — like Amyris and Enphase Energy — are now trading below their IPO prices. But the article didn’t mention the exit of solar thermal company Ausra, and also didn’t name some of the more successful and growing companies in Kleiner’s portfolio like Opower, Clean Power Finance, Enlighted, Nest, and RecycleBank. Opower is the energy software company to beat these days.

Honeywell & Opower's iPad smart thermostat app

Honeywell & Opower’s iPad smart thermostat app

5). Cleanweb: See a trend in Kleiner’s more successful and growing cleantech startups? They’re mostly software and digital based. The latest trend in cleantech VC investing is the so-called “clean web,” or using social, mobile, and software to management energy and other resources. Some of these companies are pretty interesting and inspiring, like crowd-funding solar site Solar Mosaic.

Finally, as a side note, it’s now in vogue to point out how cleantech investors have lost money. Many have. But I think investors that have paved the way for world-changing innovation, and taken large risks to do so, should in part be lauded.

 

Read more here.

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Article from SFGate.

California’s rebate program for businesses and homeowners who install solar panels has now funded enough systems to generate 1 gigawatt of electricity – a level few countries and no other states have ever reached.

California officials reported Thursday that state residents have installed 1,066 megawatts of solar systems using rebates from the $2.4 billion California Solar Initiative, launched in 2007 as a way to jump-start the industry.

For perspective, 1 gigawatt is roughly the output of two conventional power plants or one nuclear reactor. A gigawatt equals 1,000 megawatts. Both are snapshot figures, representing the amount of electricity generated at a given instant.

The rebates decline over time and are now 92 percent lower than they were when the program began. But the number of applications received each year continues to rise as solar power’s popularity spreads.

As a result, state officials say the program should reach its goal of funding enough installations to generate 1,940 megawatts by the end of 2016.

“It’s one of the few examples of a program where, if anything, we’re hitting the goals sooner than anticipated,” said Edward Randolph, director of the energy division at the California Public Utilities Commission, which oversees the program.

“The costs are going down as we hoped, and the market is heading closer to self-sufficiency.”

The program is part of California’s Million Solar Roofs Initiative, a $3.3 billion package of financial incentives offered by the state to build a thriving solar industry here.

The overall initiative, created by the Legislature in 2006, seeks to install enough solar systems across the state to generate 3 gigawatts, reaching that milestone by the end of 2016. Solar power’s spread across the state has been aided by plunging prices, driven lower by a worldwide glut of solar panels. When the California Solar Initiative started offering rebates in early 2007, residential solar installations in the state cost $9.76 per watt on average, according to the program’s data. Now they cost $6.19, a drop of 37 percent.

The rising popularity of solar lease programs – which allow homeowners to install solar systems without owning the equipment – has also helped fuel the solar industry’s growth. The California Solar Initiative is reviewing applications for projects capable of generating another 332 megawatts.

The initiative accounts for roughly half of the solar power capacity installed in California to date.

When other facilities are included – such as photovoltaic power plants that sell their electricity to utilities – the state can now generate more than 2 gigawatts from the sun, according to the Solar Energy Industries Association.

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