BetterLabs

BetterLabs is a new generation product incubation firm where we incubate products for early stage startup founders. We work closely with founders to turn their ideas into a working 1.0 version that can be tested and validated with real users. We are completely invested in the success of the product with a cash and equity -based engagement model. Call us at +1 408 223 1075 or via http://www.betterlabs.net/Contact-Betterlabs to get started.
Lots of good stuff in this video. 
UI for the calendar feature in 37signals’s Backpack
UI for the calendar feature in 37signals’s Backpack
VCs commonly note that it takes longer for valuations to correct among private companies than among public ones. But the lag-time might not be that long, judging by fourth quarter data from Angelsoft, a software company that tracks valuation trends. Today, the company reported that valuations for funded startups in Q4 of 2008 fell by 24% when compared to Q3 of the same year. The company’s software, which is used by more than 450 angel groups and venture funds worldwide, tracked a total of 128 deals in the quarter with a median pre-money valuation of $3 million. In the third quarter, it tracked 123 deals with a median value of $3.9 million. Angelsoft says the Q4 numbers represent the largest quarter-to-quarter drop in the 4 years that it has been tracking company valuations. Startup Valuations Dropped 24% in Q4. Its just not a good time to raise money. Instead incubate your product and bootstrap it to show market validation based on traffic / sales / customer adoption. 
We didn’t know anything about retail,” Segal recalled. “I had grown up in the restaurant business, so I knew about service but not about retail. We didn’t know a market from a markdown. We didn’t know anything about importing. In fact, if we weren’t 23 and totally lacking wisdom, we would never have done this. You just go ahead with your passions, and you rush forward without a great deal of thought,” Segal reflected. The Crate and Barrel Story