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****************** ROBOTICS INSTITUTE SEMINAR SERIES ******************

Turning Technology into Companies: An Insider's Perspective on Internet
Incubators and Getting Funded

Shumeet Baluja
E-Companies, LLC

Friday, February 25, 2000
Adamson Wing, Baker Hall
Refreshments 3:15 pm
Talk 3:30 pm


Abstract

The internet is nothing less than an industrial revolution, where powerful
new brands and the companies behind them are being created in months
instead of decades. In the current Internet mania, literally billions of
dollars in funding are chasing only hundreds of good ideas. Getting
funding is no longer an issue; people and ideas are themost valuable
commodities. When you decide to enter into the internet game, you need to
know what to look for, and what kinds of offers to consider. In this talk,
I'll cover the basics about finding and accepting funding, entering an
internet incubator, and what funders are looking for. Finally, I will also
talk about the common pitfalls that academics face when starting their own
companies. I hope to keep this presentation as interactive, and question
driven, as possible.


Speaker Biography

Shumeet Baluja received a PhD degree in computer science from Carnegie
Mellon University in 1996. From 1996-1998 he was a research scientist and
coordinator at Justsystem Pittsburgh Research Center. From n1998-1999, he
was the Chief Scientist at Lycos, Inc., where he created and led the
Research and Applied Technology Group. Currently, he is the Vice President
of Research and Development at eCompanies, LLC, and an adjunct faculty
member in the Computer Science Department at Carnegie Mellon University.
His current research focuses on the application of learning and
statistical techniques to real- worldproblems in document classification
and retrieval, very large database data-mining and trend analysis,
mass-market user interface design, and enabling technologies for utilizing
the internet.


Speaker Appointments

For appointments, please contact the host, Jeff Schneider, at
schneide@ri.cmu.edu.

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