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Frequently
Asked Questions (FAQ) ... with Answers! |
| 1.
What kind of events does NetSuds host? NetSuds hosts quarterly social/business
gatherings on weeknights for professionals in the telecom,
datacom, IT and Internet markets to network. These are called "NetSuds
Gatherings", "NetSuds" or just "Suds".
NetSuds held monthly "Entrepreneurs
Breakfast" between September 1999 and November 2001.
With the fall-off in VC and IPO activity, these breakfast events
have been less regular. We've also introduced the BOB
(best of business) breakfast to focus on companies with a good
story but who may not necessarily be looking for equity capital. Special events include
special editions of the monthly Entrepreneurs
Breakfast like the
November
28, 2000 Entrepreneurs Breafast and the
Fall
2000 National Entrepreneur Conference in Santa
Clara, CA. Other special events are being planned.
Contact matt.noah@netsuds.com for more information. Our two
biggest events now are the yearly Minnesota Venture Capital
Conference - www.mnvcc.com -
and International Business Development Conference -
www.ibdconference.com
- ; held in May every year.
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| 2.
What is the membership fee? NetSuds does not charge a
membership fee.
Breakfast event fees are nominal. To be a "member",
simply sign up on one or more of the
email
lists. The reason most events have been free is
due to the generous support of our sponsors. With the
reduction in company marketing budgets, we have been forced to
either cease operations or charge a nominal amount to attend.
We chose to charge.
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| 3.
How much does it cost to be a Sponsor, Co-sponsor
or exhibitor? To immediately become a sponsor,
contact matt.noah@netsuds.com or call 952.934.5424 and
ask for Matt Noah. Sponsorship cost is located in
the downloadable files shown below. Our goal
is to make sponsorship a win-win-win (sponsor,
attendees, NetSuds) proposition for all involved!
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| 4.
What do I get in return for being a Sponsor, Co-sponsor
or exhibitor? There are both tangible and
intangible benefits to being a NetSuds sponsor. You will have to
evaluate the intangible. To see the tangible
benefits, download the documents in section 3 above. For special
events, contact me at matt.noah@netsuds.com. If you have special needs/goals
for your sponsorship and/or for a particular event, we will work
with you to help you attain your goals.
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| 5.
Who attends NetSuds? The people who attend NetSuds in Minnesota are CEOs,
COOs, CIOs, VPs in Marketing, Sales, Business
Development and Technology. We get
engineers and IT managers from every kind of
corporation. People who run LANs and WANs. People
who build web sites. People who make it all
happen. We attract investors from St. Paul
VC, Amex, Portage and Crescendo Ventures as well
as many angel investors. We attract
equipment providers like
ADC, Avaya,
Optical Solutions, Lucent, Cisco and Ciprico. We
have IT managers and professionals from 3M,
Daytons, ixMatch.com, Net Perceptions, Fingerhut,
CDC, etc. We attract service providers
like Integra Telecom, Cable & Wireless,
Sprint, Qwest, visi.com, Agiliti and Onvoy.
We get the "type A" personalities; driven,
focused, intelligent. These are mostly the
decision makers.
Most attendees
are from the metro area although we do get some
regional participation; guys come from Blue
Earth, Fargo, St. Cloud, Mankato, Rochester.
We get the exceptional person from NY, Chicago
and Silicon Valley.
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| 6.
What is the story behind NetSuds? The group started in
November 1998 and has grown steadily. We
gather every 3 months. Attendance has grown
from 20 (11/98) to 55 (2/99) to 110 (5/99) to 150
(8/99) to 225 (11/99) to 315 (2/00)
to 670 (5/00) to 710 (8/00) to 800 (11/00). With
the downturn in the economy, attendance has
dropped off to 600 (2/00) and 400 (5/00). Our 2001 attendance
averaged 500 per evening event. Out 2002 attendance has
been 450 (March) and 350 (May). The
story is really about networking with people in
the "com and .com" world. Those who are
network will benefit from the contacts they have.
And it's a fun night every 3 months.
The Entrepreneurs
Breakfasts started in August 1999 with 18 people.
It has grown steadily to 180 people in May 2001.
The
April 14, 2000
Breakfast drew 535 people. Future breakfasts
are planned to draw 150-200. Outstanding speakers
such as Ann Winblad (General Partner, Hummer
Winblad), Stephen Nachtsheim (VP, Intel Capital)
and Rich Karlgaard (Publisher, Forbes) have
keynoted NetSuds breakfast events.
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| 8.
Is the beer really free at NetSuds gatherings? No, beer can only be rented.
If your attraction to NetSuds is free beer, you will
stand out in this crowd. Sometimes the beer is
free, though.
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| 9.
Who are some of the past Sponsors? Past NetSuds sponsors include AT&T,
Wizmo, Aravox, Vignette, Integra Telecom, Mack
Traynor, Tom Kieffer of Agiliti, St. Paul
Venture Capital, Microsoft, Oppenheimer Wolff
& Donnelly LLP, Upside Magazine, Silicon
Valley Bank, Ernst & Young, KPMG, Graeme
Thickins of GT&A Strategic Marketing, IBM,
Silicon Valley Bank, Onvoy, Sherpa Partners,
Syntegra, Rauenhorst Recruiting, Larkin
Hoffman, DCSI, MTI, Victory Capital Corp., ADC, U.S.
Premise, Stockwalk.com, Sprint, Learning
Outfitters, Compaq, Storage Networks, Plural,
Risdall Linnihan and iXmatch.com.
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| 10.
What does the name NetSuds mean? NetSuds is the juxtaposition of
two words, "net" and "suds".
Net refers to the networks; (1) the network of
equipment and software which make up
telecommunications networks and
datacommunications networks and (2) the human
network of people interacting with one another.
Suds is beer although a few people mistake it for
soap. So, NetSuds is about people in the
networking business networking with one another
over suds, i.e. beer. Phil Platt of Archwing,
fomerly of the MHTA, formerly of gofast.net,
believes Suds is an acronym for Secret
Underground Drinking Society. :-)
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| 11.
How many people does NetSuds employ? NetSuds is the proud employer of 1
person although from time to time we have
employed people on a part time basis.
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| 12.
What other networking organizations exist in the
Twin Cities? NetSuds is the only entity focused
solely on the telecom, datacom, IT and Internet
markets. Both the MHTA and The Collaborative have
events which serve the "hi tech" and
entrepreneurial crowd.
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| 13.
Besides events, what does NetSuds do? NetSuds consults on various tech projects.
Contact Matt Noah at
matt@netsuds.com for details.
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| 14.
How much does it cost to advertise in your emails
or Monthly NetSuds Report?
Ad rates vary. See
www.netsuds.com/adrates.htm for the latest information.
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