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

FEBRUARY 20, 2012

She hasn’t raised any venture capital. She actually IS the prototypical entrepreneur. It represents the great majority of entrepreneurship and eschews the fairytale rags-to-VC-riches stories we so often read about in the press. But Tracy did what entrepreneurs do. More on that later. That may soon change.

Startup 363

Startup Entrepreneur SEO Venture Capital 363

Startup Professionals Musings

OCTOBER 19, 2010

Startups and entrepreneurs need to be realists. You need to accept the fact that the down economy over the last couple of years has changed the way in which venture capitalists see the world, so you should adjust your strategy and expectations in dealing with them. But the amount invested did decline 7 percent to $4.8 Marty Zwilling.

Venture Capital 90

Venture Capital Capital Startup Summary 90

Startup Professionals Musings

OCTOBER 8, 2023

Most entrepreneurs have found by now one or more of the many popular crowdfunding sites , and have the name and contact information for at least one of the big venture capital firms. Each has met legal securities minimums for net worth and professionalism, to reduce the risk to entrepreneurs. Marty Zwilling

Venture Capital 106

Venture Capital Angel Seed Funding Invest 106

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.

Entrepreneur 293

Entrepreneur Startup Venture Capital CTO Hire 293

Both Sides of the Table

OCTOBER 7, 2014

This is something I think entrepreneurs don’t totally understand and it’s worthwhile they do. No VC will be so naive as not to see straight through it. When I first became a VC, seed rounds were typically $500k – $1.5 If you''re newer to VC math here''s a great primer]. Nobody cares. Why the latter?

Seed Funding 399

Seed Funding Venture Capital Startup Entrepreneur 399

Both Sides of the Table

JULY 16, 2010

Lots of discussion these days about the changes in the VC industry. 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.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

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. The Basics The starting point — the 101 — is knowing the difference between gross burn and net burn. GAAP Net Income, which at times isn’t a good reflection of cash burn).

Startup 212

Startup Venture Capital .Net Capital 212

Berkonomics

JUNE 8, 2017

However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor). Dave’s book and ebook on raising money available on Amazon.com.

Venture Capital 266

Venture Capital Class Invest Equity 266

Startup Professionals Musings

FEBRUARY 10, 2019

There are other social networks in the list of 200 “major sites” recognized by Wikipedia that entrepreneurs use for networking, depending on where you are in the world, like Orkut, Viadeo, and Sina Weibo, but talking to friends on Facebook probably won’t help you. Volunteer to help out with entrepreneur activities at your local university.

Networking 90

Networking Entrepreneur Social Network Activity 90

socalTECH

JULY 7, 2010

One complaint we sometimes hear from venture capitalists visiting Southern California for the first time, is the difficulty of finding experienced entrepreneurs and executives. com, and was CEO of Vivendi Universal Net USA. Have we missed a repeat entrepreneur or company you think ought to be watched?

Southern California 228

Southern California Entrepreneur SoCal Mahalo 228

InfoChachkie

NOVEMBER 23, 2015

VC's love to talk about their successes. Yet most VC's bury their failures under six feet of denial. In the startup world, the former happens when a VC makes a bad investment, and the latter occurs when they miss a great opportunity. In retrospect, our decision was both perfectly rational and completely lame. > -jeff.

Venture Capital 100

Venture Capital Technical Review Software Review Southern California 100

Startup Professionals Musings

JUNE 28, 2021

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Rose, according to his classic book, “ Angel Investing.”

Funding 144

Funding Startup .Net Invest 144

Both Sides of the Table

APRIL 3, 2010

This is part of a series that I’ve been working on called Understanding Venture Capital. This led Roy Rodenstein (whose company Going.com was sold to AOL ) and others to discuss , what happens when VC’s need to invest across multiple funds. So as an entrepreneur it’s hard to navigate those waters over time.

Invest 226

Invest Venture Capital Funding .Net 226

Both Sides of the Table

OCTOBER 8, 2014

” It’s the most common refrain I hear from investors and even entrepreneurs these days. ” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” for $565 million to Excite.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Both Sides of the Table

MAY 19, 2018

Or if you’re a VC raising from LPs you have to list all of your deals, your investment value, your carrying value, your multiples, your IRRs, TVPIs, DPIs, etc along with net cashflows plus your previous LPAs. So what does a VC do when he or she isn’t ready to say “no” or perhaps might like to talk with you in a year but not now?

Funding 336

Funding Venture Capital Startup Email 336

Startup Professionals Musings

JANUARY 27, 2021

Most entrepreneurs have found by now one or more of the many popular crowdfunding sites , and have the name and contact information for at least one of the big venture capital firms. Each has met legal securities minimums for net worth and professionalism, to reduce the risk to entrepreneurs. Marty Zwilling.

Angel 126

Angel Funding Venture Capital Seed Funding 126

Berkonomics

DECEMBER 17, 2020

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. There is a rather new term for those large, individual investors who are usually former entrepreneurs made rich through sale of their previous ventures.

Equity 156

Equity Technical Review Class Organization 156

Startup Professionals Musings

OCTOBER 10, 2018

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Entrepreneur 96

Entrepreneur Startup Equity Funding 96

InfoChachkie

FEBRUARY 29, 2016

Two hundred and fifty thousand would have netted my firm more than one billion dollars. As discussed in Why I Passed On Twilio , VC's love to talk about their successes, but seldom publicly acknowledge their mistakes. It is far more detrimental to one’s returns to make investments in companies which fail to return capital.

Venture Capital 100

Venture Capital Email Invest Services 100

Both Sides of the Table

NOVEMBER 3, 2009

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. There were tons of young entrepreneurs showing their latest Web 2.0 Why do VC’s care about these years? ’ Our Net Income will be $40 million.&#. 66% Net Operating Margins?

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334

Both Sides of the Table

SEPTEMBER 2, 2009

This is part of my ongoing series “ Start Up Advice &# but I’d really like to call this post, “VC Advice.&#. A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal. The net effect for [my company] for example is we are now doing reasonably well.

Venture Capital 329

Venture Capital Startup Technical Review Entrepreneur 329

Startup Professionals Musings

JULY 28, 2013

There are other social networks of the 200 or so now recognized by Wikipedia that entrepreneurs use for networking, depending on where you are in the world, like Orkut, Netlog, and Sina Weibo, but talking to friends on Facebook probably won’t help you. Volunteer to help out with entrepreneur activities at your local university.

Networking 100

Networking Entrepreneur Social Network Activity 100

Both Sides of the Table

JUNE 17, 2017

I often ask entrepreneurs to consider, “What’s your objective? Do you imagine eventually raising VC and trying to build a faster growing company?” Venture capital isn’t right for many business but if you do want to raise from a VC at some point you need to understand that often investors care more about growth than profits.

Startup 227

Startup Venture Capital Sales Course 227

TechCrunch LA

JANUARY 18, 2019

Launched by the music and cultural impresario with more hustle than hustle and his business partner Jason Geder, the new collaborative investment strategy focused on tech startups will allow high net worth individuals to participate in deals. Live streaming studio, Culture Genesis, launches its first show, the quiz-based Trivia Mob.

Invest 187

Invest Los Angeles Resource Venture Capital 187

Both Sides of the Table

APRIL 25, 2011

This thinking is largely driven by the venture capital industry (and subsequently Wall Street) who are in search of high margin, highly scalable businesses. It’s nearly impossible to get a services company financed by VCs. Why Shouldn’t Most Services Businesses Raise VC? It may be the right answer for you.

Services 332

Services Venture Capital IP Startup 332

InfoChachkie

SEPTEMBER 13, 2016

As I thought about the characteristics that comprise a great program, I identified five criteria that a prospective entrepreneurial student can use to evaluate the efficacy of a collegiate entrepreneur curriculum. Ask: What percentage of the startup-oriented classes are taught by accomplished entrepreneurs?

Venture Capital 100

Venture Capital Technical Review Class Patents 100

Both Sides of the Table

JUNE 8, 2014

Changes in the Software World & in Venture Capital. But notably you had the following changes: Horizontally scalable computing & storage systems, which meant you required less capital up front for hardware. Venture Capital. And then the world changed. Changes in the Startup Ecosystem. We have invested $17.3

Startup 390

Startup Venture Capital Capital Funding 390

Startup Professionals Musings

OCTOBER 12, 2014

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Startup 113

Startup Entrepreneur Funding Equity 113

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. New entrepreneurs tend to focus only on product direct costs, and underestimate marketing and sales costs, overhead costs, and support costs. Target market.

Sales 102

Sales Custom Customer Outsource 102

Startup Professionals Musings

JUNE 27, 2012

Business groups like TiE-The Indus Entrepreneurs and EO-Entrepreneurs Organization are places to meet people you can help, as well as people who can help you. Volunteer to help out with entrepreneur activities at your local university. Join and actively participate in local business organizations. Join a local investment group.

Activity 97

Activity Networking Entrepreneur Startup 97

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. 2006 was the last time I went out to raise venture capital. This was pre Venture Hacks so not a lot of help on terms on the Net. I totally agree.

Funding 252

Funding Venture Capital Startup Blogging 252

Startup Professionals Musings

MAY 21, 2023

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Startup 106

Startup Capital Equity Funding 106

Startup Professionals Musings

AUGUST 29, 2020

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Funding 174

Funding Startup Equity Examples 174

Both Sides of the Table

MAY 20, 2018

Every entrepreneur wants to hear “yes” during the fund-raising process but I would argue that being too risk averse and not pushing hard enough and be willing to hear a “no” is what holds back many people from “yes.” Possibly offend and entrepreneur leading to reputation risk amongst other entrepreneurs.

Funding 189

Funding Software Review Entrepreneur Venture Capital 189

Both Sides of the Table

APRIL 16, 2011

It’s easy to think that the wife of a well-known & successful VC ( Fred Wilson ) would have had an easy and storied life of wealth and privilege. That’s why I was so interested in having “ The Gotham Gal &# come on This Week in VC ( video link on YouTube , download iTunes, episode 15) ) and dispel those myths.

Startup 311

Startup Sales Venture Capital Entrepreneur 311

Startup Professionals Musings

MARCH 13, 2011

Every entrepreneur is flooded with information from all directions, but despite their best efforts to absorb it, they likely miss the information really needed to start a business. and books for entrepreneurs like “Think and Grow Rich.” Here are a few that I aspire to: Venture Hacks , by Babak Nivi and Naval Ravikant.

Entrepreneur 92

Entrepreneur Technical Review Blogging Java 92