Wednesday, April 18, 2012

Central Florida’s ESO Equity Group


Founded in 2005 and based in Cocoa Beach, Florida, ESO Equity Group develops commercial and residential properties, engages in condominium conversions, and manages income-producing properties. Led by President and Chairman Ori Tal, an investor with international experience in corporate and real estate law, the firm converted one million square feet of Central Florida commercial and residential property in five years, including more than 750 condominium units. The company of investor and developer Giuseppe Conoscenti acts as Project Manager for ESO Equity Group, and Maria Viera serves as Financial Administrator.

ESO’s recent commercial projects include the Seacrest Building, an office complex; and the Executive Tower & Plaza, both in Cocoa Beach. The latter facility, a $2 million Mediterranean-style renovation of the former Galleria, will include a 25,000-square-foot Class A office tower and close to 18,000 square feet of upscale retail space with niche boutiques. The ESO Equity Group’s Central Florida residential projects range from the 16-unit Bluewave Condominiums in Satellite Beach; and Millennium Palms, a component of an Orlando master-planned community, to the 24-unit Fairway Apartments, fully renovated two-bedroom, two-bath units situated on a golf course in Daytona Beach. Other residential units include Seaclub Condominiums, one block from the ocean; and Royal Oak Patio Homes in Titusville.

Ori Tal, who earned a Bachelor of Economics and Law at the University of Haifa in Israel, completed Israeli Naval Academy officer training with honors and served as a Lieutenant in the Israeli Navy Reserve. In addition to managing the holding company, he oversees transactions and implements partnerships. Under his able guidance, the company has improved properties significantly and raised occupancy rates dramatically. Sharing his firm’s considerable success, Mr. Tal supports Ezer Mizion, an Israeli health-support organization; and the National Breast Cancer Foundation, Inc.

Tuesday, April 17, 2012

Modern LDRs: There's an App for That

Pair is an app that lets you and your significant other “be together, when you're apart”. Currently available on iOS, though an Android version is in the works, Pair was created by Oleg Kostour and four other developers when they moved from Canada to Mountain View, leaving their girlfriends behind.

“We were trying to stay connected with them using Skype, SMS, Facebook, and email. The communication was scattered across many products, and we always felt like there was something missing,” Kostour says.

And thus, Pair came to be. You can use the app to send text messages, photos, and videos that only you and your significant other can see – sort of like a mini Facebook for two. You can also share your location, doodle together in real time, save important dates such as birthdays and anniversaries, and “thumbkiss” – that's when you and your partner touch the same spot on the screen.

Single hearts are now probably groaning at the cheesiness of it all. But don't dismiss Pair just yet, because when you find that special someone, this could very well be the one app that you won't be without.

e-Cycling Gets Smarter Thanks to San Diego Startup

With 40 million tons of e-waste being discarded annually around the world, the need for green solutions is becoming more and more apparent. ecoATM, a startup headquartered in San Diego, California, has stepped up to the challenge. Its answer: an automated e-cycling station of the same name, which makes recycling electronic gadgets as easy as pie.

The cupboard-sized machine, which was featured at the International Consumer Electronics Show in Las Vegas this past January, allows consumers to exchange used devices for cash or credit. All you have to do is go to a kiosk and drop your mobile phone, MP3 player, or tablet into the machine. Using advanced, patented technology and artificial intelligence, the ecoATM will assess the value of your device based on real-time secondary market prices and give you a quote. If you accept, you get cash on the spot. Or, you can opt to receive store credit or make a charitable contribution.

According to ecoATM CEO Tom Tullie, 75 percent of the devices they collect at the kiosks are given a second life. For the remaining 25 percent that have no further use, the startup partners with recycling centers that possess Responsible Recycling (R2) or Basel Action Network (BAN) certifications. These establishments then reclaim the gadgets' raw materials and precious metals in an eco-friendly manner.

The winner of the Best Clean Tech Startup Crunchies award for 2011, ecoATM currently has about 50 kiosks scattered across the United States, with the majority situated in malls and grocery stores in California. The company plans to add 500 more locations by the end of this year.

The ecoATM e-cycling station, which has passed ISO14011 and R2 certifications, has been recognized by the United Nation's Low Carbon Leadership program as an innovative environmental solution. In addition, the kiosk has received CONNECT's Most Innovative Product award for 2009, among other honors.

Tuesday, April 10, 2012

New Website Turns Shopping-Phobic Men Into Fashionistas

It's no secret that, generally, men aren't as fond of shopping as women. Many would probably prefer to have their clothes shipped to them rather than going out to buy them. And this is just what Frank & Oak, a startup based in Montreal, Canada, is offering – a convenient, painless shopping experience for men ages 20 to 35.

Similar to a personalized men's fashion magazine, as CEO Ethan Song put it, Frank & Oak publishes a new collection on its website every month. Members receive an email newsletter with a selection of items based on their style and preference. They can choose five pieces from the collection, which are then delivered straight to their doorstep so they can try them on. If they like something, they pay for it and keep it. Otherwise, they simply send the products back. The service is free and there is no pressure to make a purchase.

Unlike some fashion websites that dictate what their audience should be wearing, Frank & Oak does it the other way around and pays attention to what appeals to their customers. “Our clients play an important role in the direction of our products,” Song says.

And because Frank & Oak is not merely acting as a curator but also designing and manufacturing the garments, they are able to offer exclusive, quality items at affordable prices. Everything for sale is $50 or less.

According to Song, “Everything is shipped directly from us to the client. It's almost as if we design the product and the client receives the product directly from the manufacturer. By doing that we're cutting out two or three layers of cost.”

Within a week of opening its doors to retail indifferent men last February, Frank & Oak has already admitted 12,000 subscribers. Still, the startup is limiting its membership base due to inventory reasons.

Free App Puts Phones on Data Diet

When a friend came home from vacation with $1,000 in wireless roaming charges, Israeli software developer Roi Tiger (pronounced “Tigger”) thought it was ridiculous and thus decided to create something that would reduce sky-high mobile data bills.

Tiger's undertaking eventually led to a startup called Onavo, where he now works as CTO. With offices in Tel Aviv and San Francisco, Onavo offers free iOS and Android apps that give control back to users.

As the first and only consumer-oriented data management app, Onavo helps users get the most out of their plan by compressing data, so usage is shrunk to as much as 80 percent. Additionally, the software generates monthly activity reports and informs users which apps are hogging data.

Described as a “must-have app” by The Next Web and TechCrunch, Onavo has been downloaded a million times in 150 countries. Earlier this year, the company raised $10 million from Magma Venture Partners, Horizons Ventures, Motorola Mobility Ventures, and Sequoia Capital.

Monday, April 2, 2012

Giving Indie Artists a Leg Up

In June 2010, Lucas Sommer launched Audimated to help his fellow independent musicians gain exposure and make money with their music. Previously, he had been running a studio in Miami, where he writes and produces songs for indie artists.

Audimated serves as an online marketplace for artists to promote their work and reach more fans. Bands and singers can set up their own store, where they can sell music, tickets, merchandise, and other stuff.

Though initially developed to address the problems of struggling artists, Audimated also caters to indie music fans. In addition to discovering new bands and having access to streams, downloads, and videos, fans can earn money as well by helping promote their favorite musicians. Like artists, fans can create an Audimated store and then earn a commission for every sale.

Audimated is free to join but charges a nominal transaction fee on sales. For extra features such as better visibility and search results priority, Audimated offers a paid premium account option. 

Magoosh Changes the Way Students Prep for Standardized Tests

Founded in 2009 by CEO Hansoo Lee and CPO Bhavin Parikh, Magoosh is an online resource that helps students prepare for the GRE, GMAT, and SAT. (And also TOEFL in the near future.) Knowing that they can come up with a better test prep product than what was available in the market, the founders employed their experience and know-how in education and technology to create something that they wished they had when they were studying for their own standardized exams.

Headquartered in Berkeley, California, Magoosh is a play on the Old Persian word “magush”, which refers to a wise person. With the objective to provide an excellent educational experience to all, the company offers test prep programs with several lessons and questions created by industry experts. To date, students from more than 150 countries have used Magoosh, watching over 10,000 hours of video and completing practice questions over a million times. 

In addition to lessons and questions, Magoosh offers other features such as video and text explanations for each problem, tips and tricks for exam day, and performance feedback. Additionally, users can customize their practice sessions, review all their previous answers, and flag difficult questions.

According to co-founder Bhavin Parikh, one of the reasons behind the success of Magoosh is the company's flexible work hours. Knowing that different people have different work rhythms, Magoosh employees can work whenever they want, as long as they get their tasks done on time and show up to the mandatory 10-minute daily meeting before noon. “This freedom shows we have faith in our employees, and yields amazing results.”

Since its inception, Magoosh has been cited in The Wall Street Journal, The Boston Globe, and The San Francisco Chronicle, among others. Furthermore, the company has received the Intel Foundation Entrepreneurial Award as well as won the UC Berkeley CET Venture Lab Competition and North Bridge Venture Partners Competition.