Both Sides of the Table

JANUARY 5, 2010

This is part of my series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Entrepreneurs are inherently risk takers.

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Entrepreneur Startup Venture Capital CTO Hire 293

Both Sides of the Table

SEPTEMBER 28, 2014

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

JUNE 19, 2017

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

Startup 212

Startup Venture Capital .Net Capital 212

InfoChachkie

JANUARY 27, 2014

Entrepreneurs typically embrace celebrity investments, while most sophisticated investors prefer to avoid famous entertainment or sports personalities on the cap table. In instances when the celebrity''s brand is aligned with the target market, such as Kim Kardashian''s promotion of ShoeDazzle, this approach works. Share and Enjoy.

Entrepreneur 193

Entrepreneur Technical Review Hollywood Southern California 193

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Target market. Production.

Sales 102

Sales Custom Customer Outsource 102

Startup Professionals Musings

SEPTEMBER 6, 2019

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. This requires a simple signature that you have a net worth of at least $1M or have made at least $200K each year for the last two years. Fund an entrepreneur you know and trust.

Invest 89

Invest Entrepreneur Startup Equity 89

Both Sides of the Table

OCTOBER 7, 2014

This is something I think entrepreneurs don’t totally understand and it’s worthwhile they do. My view: “Spending any time or energy trying to game the ‘definition’ of your round of fund raising is a total waste. Nobody cares. No VC will be so naive as not to see straight through it. .”

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Seed Funding Venture Capital Startup Entrepreneur 399

Startup Professionals Musings

JANUARY 21, 2017

Until the recession a few years ago, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Being called a lifestyle entrepreneur should be a point of pride, not an insult. It seems that more people are focused on money today.

Entrepreneur 69

Entrepreneur Startup Equity Course 69

Both Sides of the Table

MAY 18, 2014

In my Twitter bio is says that I’m “ looking to invest in passionate entrepreneurs ,” which almost sounds like I was just looking for a cliché soundbite to describe myself. Yet along with “authenticity” they are two of the key attributes I look for when I meet with companies I may consider funding one day.

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Startup Entrepreneur Design Funding 419

Startup Professionals Musings

OCTOBER 8, 2022

In reality, a simple Excel spreadsheet model customized around your assumptions can save you hours and avoid a wasted expense in validating alternative vendor and marketing decisions. What if you need to change your market size and volume projections? Yet they can be done by a simple financial model in a few milliseconds.

Startup 147

Startup Pricing Sample Custom 147

Berkonomics

DECEMBER 17, 2020

In most cases, these applicants for equity funding must be rooted in technology to apply to this limited discussion. There is an exemption from the requirements that these investors be accredited with net worth or income minimums to qualify legally to invest in your company. Angel investment groups or funds.

Equity 156

Equity Technical Review Class Organization 156

Startup Professionals Musings

MAY 29, 2022

In the old days, every entrepreneur planned on taking their startup public, and making it big. Smart entrepreneurs are now starting to look at this option again, as well as the challenges of running a public company. Violent market swings usually hit public companies first. Startup founders don’t fit in a public company.

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Startup Report IBM IBM 98

Both Sides of the Table

AUGUST 17, 2009

This is part of my ongoing series “ Pitching a VC “ There’s a great meme developing this morning on the need to simplify funding terms and documents. Many had the typical investor-friendly terms where entrepreneurs would get screwed and not even understand how they got screwed until many years later. I totally agree.

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Funding Venture Capital Startup Blogging 252

Startup Professionals Musings

AUGUST 10, 2014

Both have worked.Google reached $1 billion in revenue within five years of incorporation, and now has a market capitalization of over $400 billion. Most modern investors still look for a business model that embodies a gross margin over 50 percent and a net margin in the 20 percent range. entrepreneur revenue startup user count'

Entrepreneur 98

Entrepreneur Organization Invest Custom 98

Startup Professionals Musings

SEPTEMBER 10, 2012

Until the recent recession, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Being called a lifestyle entrepreneur should be a point of pride, not an insult. Startup funding comes from personal savings and family.

Entrepreneur 96

Entrepreneur Startup Equity Course 96

Startup Professionals Musings

JUNE 6, 2022

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. This requires a simple signature that you have a net worth of at least $1M or have made at least $200K each year for the last two years. Fund an entrepreneur you know and trust.

Startup 120

Startup Invest Equity Incubator 120

Startup Professionals Musings

FEBRUARY 6, 2015

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. This requires a simple signature that you have a net worth of at least $1M or have made at least $200K each year for the last two years. Fund an entrepreneur you know and trust.

Entrepreneur 102

Entrepreneur Startup Invest Incubator 102

InfoChachkie

APRIL 28, 2011

Many entrepreneurs encounter a similar dilemma. Thus, entrepreneurs must decide when to stop listening to the Sirens’ song of a quick buck and position their company to take advantage of long-term, sustainable business models. However, in the long run, entrepreneurs always benefit from delivering Maximum Utility for a fair price.

Entrepreneur 225

Entrepreneur SaaS Pricing Cloud Computing 225

Startup Professionals Musings

NOVEMBER 14, 2010

Bockerstette, Main Street Venture Fund As I outlined last week, trophy angel investors are always looking for trophy entrepreneurs. In many areas, not enough entrepreneurs meet the criteria, so it’s still a buyer’s market. It consists of eight major criteria, which we call the “Eight P’s for Successful Funding”.

Funding 106

Funding Startup Entrepreneur Activity 106

Both Sides of the Table

JUNE 8, 2014

TrueCar, an LA-based company, sells more cars now than any physical dealer in the country and recently went public and has a $1 billion market cap. While the costs of starting a tech company have plummeted it still does take money to hire a team, launch products and market oneself. million under management across three funds.

Startup 390

Startup Venture Capital Capital Funding 390

Both Sides of the Table

FEBRUARY 10, 2011

In my ongoing quest to get you good transcripts of the wonderful interviews we’ve done in the past, I present you with one amazing interview here with Tom McInerney – a friend, co-investor, former entrepreneur turned angel investor and “wizard of Oz&# behind the scenes at the uber hot startup Klout. 0:28:00) & (0:31:27).

Angel 302

Angel Startup Ideas .Net 302

socalTECH

MARCH 16, 2017

Earlier this week, Derek Norton , a long time advisor to the media, Internet, and technology industry in Los Angeles, announced a brand new venture capital fund called Watertower Ventures (www.watertowerventures.com). We sat down with Derek to learn more about the new $5M fund and what it's all about. Tell us about the new fund?

Invest 145

Invest Funding Capital Startup 145

socalTECH

JULY 21, 2014

Very few Southern California startups make it from seed funding all the way up through an IPO, and rarely do they do so with their original founder. One of Southern California''s big success stories -- from startup, to venture funding, and a recent IPO--is Los Angeles-based TrueCar , which had its IPO in May.

Truecar 209

Truecar Entrepreneur Southern California .Net 209

Both Sides of the Table

DECEMBER 27, 2011

” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. You may have leverage when you DO need to fund raise. There is a healthy tension between profits & growth.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

JANUARY 6, 2020

In reality, a simple Excel spreadsheet model customized around your assumptions can save you hours and avoid a wasted expense in validating alternative vendor and marketing decisions. What if you need to change your market size and volume projections? Yet they can be done by a simple financial model in a few milliseconds.

Startup 123

Startup Pricing Sample Custom 123

Startup Professionals Musings

AUGUST 31, 2019

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company. Violent market swings usually hit public companies first.

Startup 84

Startup Technical Review Report IBM 84

Startup Professionals Musings

JANUARY 26, 2019

Until the recession a few years ago, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Being called a lifestyle entrepreneur should be a point of pride, not an insult. It seems that more people are focused on money today.

Startup 77

Startup Equity Entrepreneur Course 77

InfoChachkie

JULY 18, 2011

Seuss’ Green Eggs and Ham and Marcia Brown’s Stone Soup , the seemingly innocuous board game Monopoly has played a pivotal role in the edification of several generations of entrepreneurs. In addition to the Luxury Tax board space, there are also Chance cards that require you to pay a percentage of your net worth in taxes.

Entrepreneur 216

Entrepreneur Startup Outsource Development Paramount 216

Startup Professionals Musings

SEPTEMBER 30, 2011

Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, saying “make me an offer,” or quoting an exorbitant number. The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary.

Funding 98

Funding Startup Patents Outsource Development 98

InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer.

Entrepreneur 124

Entrepreneur Venture Capital Acquisition Pricing 124

InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer.

Entrepreneur 124

Entrepreneur Acquisition Pricing .Net 124

Both Sides of the Table

MAY 4, 2010

It was especially fun for me because we got the chance to talk about the VC industry and how entrepreneurs should think about the VC industry in addition to discussing deals. Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment Three: “VC Deals Funded this Week”.

Clearstone 236

Clearstone Venture Capital ReachLocal Google 236

Both Sides of the Table

JULY 29, 2015

I love people who have been put to the test – whether by market forces or even by their own stupid mistakes – and come back stronger. But markets don’t generally love failure. First time entrepreneurs can fall prey to hubris. I fund both types all the time. It reminds me of the old saying on the topic.

Startup 150

Startup Entrepreneur .Net Venture Capital 150

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. What accelerated this was the collapse of the public stock markets.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

socalTECH

JUNE 3, 2019

For this morning's interview, with caught up with serial entrepreneur James Citron , the founder of Pledgeling (www.pledgeling.com), a startup which enables any business to help connect their business with social causes. Citron previously founded and sold Mogreet, a developer of mobile marketing software, among other ventures.

Technical Review 113

Technical Review Software Review Mogreet Platform 113

Startup Professionals Musings

SEPTEMBER 11, 2017

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company. Violent market swings usually hit public companies first.

Startup 87

Startup Technical Review Report Entrepreneur 87

InfoChachkie

AUGUST 11, 2011

Value Prop Twitter Style : AngelList is the productization of raising startup funding. Venture Hacks is educating entrepreneurs on the game theory of how to raise venture capital. The core business we have built on is taking out-of-market startups and introducing them to investors. free weekly Infochachkie articles!

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Startup Software Review Summary Technical Review 273