socalTECH

APRIL 12, 2017

I tragically lost my mom to cancer, my girlfriend (who I was living with at the time) and I broke up, and then my team and I were laid-off when the market crashed in 2009. Until I was fortunate enough to secure a job with Ron Burkle at the end of 2009. The first three years were fantastic, but my fourth year was very tough.

Invest 157

Invest Startup Hollywood Echo Park 157

SoCal Tech Calendar

NOVEMBER 6, 2009

Thursday, November 12, 2009 -- Bridge Financing. Come learn about various ways that bridge financings -- short term debt that converts upon a future issuance of equity -- are used, and how they are put together. So your VC or Angel investors have given you a term sheet for your "A" round. Tremendous! Not so good! See [link] (more).

TCVN 100

TCVN Venture Capital Equity Entrepreneur 100

SoCal Tech Calendar

NOVEMBER 3, 2009

Thursday, November 5, 2009 -- Bridge Financing. Come learn about various ways that bridge financings -- short term debt that converts upon a future issuance of equity -- are used, and how they are put together. So your VC or Angel investors have given you a term sheet for your "A" round. Tremendous! Not so good! See [link] (more).

TCVN 100

TCVN Venture Capital Equity Entrepreneur 100

socalTECH

JANUARY 5, 2012

We caught up with Sam Altman, the firm's founder, to hear more about the company, and how we went from working in private equity to heading up a company all about finding nightlife. Sam Altman: We launched in November of 2009. We launched in November of 2009, an dit's been an amazing experience to date. What is PartyEarth?

Content 196

Content Equity Startup Platform 196

Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. We spent our future since the equity was artificial. Unemployment continues to rise – Unemployment as of September 2009 is 9.7% Consumer spending is where I’m dubious. So why the ’09 bounce?

Venture Capital 269

Venture Capital Startup Funding Technical Review 269

socalTECH

JUNE 20, 2012

We caught up with Sam Teller , who is directing efforts at the accelerator, to help fill entrepreneurs in on where the program fits in the world of technology and startup acceleration. We were founded in 2009 by Mark Suster from GRP Partners. It was really just something built for the community to help support entrepreneurs.

Class 261

Class Mentor Startup Santa Monica 261

Both Sides of the Table

MARCH 17, 2010

First, I’d like to quote (paraphrase) Brad Feld speaking at Twiistup in LA in 2009, “I keep hearing people in LA talking with a chip on their shoulders about building a tech business here relative to Silicon Valley. Entrepreneurs in LA spend a lot of time commuting up to the Valley. For some, it’s a nightmare.

Company 290

Company Companies Technology Startup 290

Both Sides of the Table

AUGUST 24, 2015

These are all normal things but in this big run since 2009 we’ve all gotten used to nearly 100% follow-on financing rates, valuations only moving up, deals clearly the convertible note caps and low mortality rates. The impact hits VCs in an immediate way that most entrepreneurs don’t realize. Watch the market closely.

Marketing 150

Marketing Venture Capital Startup Invest 150

Both Sides of the Table

JUNE 5, 2015

” Today I want to talk about how a VC thinks about equity pricing on your round and particularly if you’re coming off of a convertible note. This was until about 2009 because most the investments in companies came from one, maybe two, sources. We already agreed on my deal – 20%. You want to raise $7 million?

Venture Capital 150

Venture Capital Pricing Startup Invest 150

Eric Greenspan

NOVEMBER 2, 2009

I looked online at Countrywide’s website and I realized I had added a ton of negatively amortized equity back into my loan over the past few years. I’m an entrepreneur, I’m used to living on the edge. On Sept 2nd 2009, 11 months later (the day before my birthday), I got a Fedex from BofA (who acquired Countrywide).

Company 135

Company Companies Entrepreneur Equity 135

Eric Greenspan

NOVEMBER 2, 2009

I looked online at Countrywide’s website and I realized I had added a ton of negatively amortized equity back into my loan over the past few years. I’m an entrepreneur, I’m used to living on the edge. On Sept 2nd 2009, 11 months later (the day before my birthday), I got a Fedex from BofA (who acquired Countrywide).

Company 128

Company Companies Entrepreneur Equity 128

Tech Coast Venture Network

MARCH 9, 2011

Investors and entrepreneurs who won at the fundraising game during and after the Great Recession offer advice on landing equity money. Meet angels via the entrepreneurs they’ve funded. ” Other groups, such as Tech Coast Angels, allow entrepreneurs to sit in on screenings to get a better understanding of the process.

Tips 100

Tips Capital Tech Coast Angels Screening 100

Both Sides of the Table

SEPTEMBER 29, 2009

I would argue that the shut-down of September 2009 was equally severe yet there are signs that this “VC Ice Age” has begun to thaw. But any entrepreneurs raising capital should keep in mind that this opening of the markets could possibly be temporary.

Venture Capital 263

Venture Capital Startup Invest Funding 263

socalTECH

JUNE 27, 2011

In 2009, I teamed up with my partner, co-founder Eden Warner. You mentioned you had been on the investment side of things -- what pushed you to become an entrepreneur? But, at the en dof the day, the value is created at the entrepreneur level. It's managing money for money's sake, rather than money in the context of life.

Startup 197

Startup Ideas Southern California Social Network 197

socalTECH

FEBRUARY 9, 2009

We brought together Peter Cowen of Groundwork Equity , Mark Suster of GRP Partners , Rick Smith of Crosscut Ventures , and Richard Yen of Saban Ventures -- all of who will be on the judging panel for the Tech Coast Angel's Fast Pitch on February 24th, to give us a their hints and tips about pitching to venture capitalists.

Tech Coast Angels 100

Tech Coast Angels Ideas Entrepreneur Invest 100

Both Sides of the Table

APRIL 25, 2011

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. And stop effing around trying to create a product company.&#.

Services 332

Services Venture Capital IP Startup 332

socalTECH

FEBRUARY 3, 2012

I thought I would be an investment banker, and I decided I was probably going to move to San Francisco to enter private equity, venture capital, or a startup. Igneous is a student title, which won the Independent Game Festival Student Showcase in 2009, and Nitronic Rush is currently an Independent Game Festival finalist.

Startup 217

Startup Mobile Venture Capital Resource 217

Both Sides of the Table

SEPTEMBER 5, 2012

This time by the efforts of Adeo Ressi to introduce a new kind of structure called “ convertible equity.” My initial reaction to Adeo when we spoke was that while it may have solved some issues (debt versus equity) it didn’t solve the ones that I’ve been warning entrepreneurs about most loudly.

Startup 354

Startup Pricing Equity Venture Capital 354

Tech Zulu Event

MAY 11, 2011

His idea and subsequent business plan won the Wharton Venture Award in 2009 and was a finalist for the Wharton Business Plan Competition. This drove Mike to follows his passion in lieu of returning to the private equity world he had been in prior to business school.

Conference 96

Conference Orange County Technical Review Software Review 96

Startup Professionals Musings

FEBRUARY 27, 2021

More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. In my view, the quality of incubator leadership is the single biggest potential value provided and learning opportunity for entrepreneurs.

Incubator 146

Incubator Technical Review Entrepreneur Mentor 146

Both Sides of the Table

SEPTEMBER 28, 2014

In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. So money spent should add equity value or create IP that eventually will.

Startup 383

Startup Company Companies .Net 383

socalTECH

JUNE 18, 2009

What I feel like now, in 2009, is that to be an entrepreneur who dabbles both in entertainment and technology, you need to be able to talk tech, and talk entertainment, and be pretty well versed in both languages. We're now building a web site, and believe that base will become attractive to a Series A investor or private equity firm.

Social Network 100

Social Network Entertainment Startup CTO Coach 100

socalTECH

MARCH 1, 2012

That was a rocket ride as well, and that took us to a top 10 website, and NBC took an equity steak in the company. in 2009, and through that process I learned a lot about local businesses, and about customer acquisition pain points. I then moved on to Infoseek, which at the time was just a search engine.

Southern California 245

Southern California Idealab Startup Customer 245

Tech Zulu Event

SEPTEMBER 23, 2010

The show focuses on legal issues surrounding startups, entrepreneurs, venture capitalists and emerging technology. Guest: interview with a special guest, ranging from world-reknowned business entrepreneurs to leaders in technology law and policy. She was a keynote panelist at BlogWorld 2009 and has been a guest on the Peter B.

IP 81

IP Social Network Technical Review Networking 81

Tech Zulu Event

AUGUST 13, 2010

TechZulu is helping the startup community out by listing all the great startup/entrepreneur oriented panels. Bootstrapping advice, entrepreneur, startups. . The step by step story of an entrepreneur’s journey from idea to bootstrap web startup from her vi. Bootstrapping entrepeneurship, entrepreneur, startups. .

Guide 69

Guide Startup Venture Capital Entrepreneur 69

Both Sides of the Table

MAY 15, 2010

It’s always fun chatting with Jason because he’s knowledgeable about the market, quick on topics and pushes me to talk more about VC / entrepreneur issues. We’re staring to get the hang of how to divide the show up into talking about deals but also talking about issues for entrepreneurs during funding.

Venture Capital 285

Venture Capital Startup Advertising Redpoint 285

SoCal CTO

SEPTEMBER 8, 2010

He blogs to 10,000 web entrepreneurs at Software by Rob and co-hosts the podcast Startups for the Rest of Us. Dec 26, 2009). They are: Fred Wilson: Lead Investors, Dipshit Companies, and Funding Every Entrepreneur. Often board members give entrepreneurs two bits of advice regarding scale: Get a mentor. equity debate.

Startup 191

Startup Venture Capital Blogging CTO Hire 191

Both Sides of the Table

SEPTEMBER 8, 2012

If you do a capped note it’s bad for the entrepreneur. Since 2009 I have been counseling people to offer discounts to the first angel investors. Here is what I recommend very often – privately – to startup entrepreneurs for angel funding. You can do it with equity & a price. Price the round.

Pricing 294

Pricing Venture Capital Writing Equity 294

Both Sides of the Table

FEBRUARY 14, 2016

I’d like to explain as best I can my opinion on what is going on because most of what I hear from entrepreneurs is not only wrong but is reminiscent of what I heard in 1997-2000. ” “This will be great for VCs and bad for entrepreneurs.” What is the True Sentiment of VCs? ” “Sure, prices are dropping.

Startup 150

Startup Company Companies Venture Capital 150

SoCal CTO

DECEMBER 1, 2010

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. love to find great products and services made by entrepreneurs who are trying to change the world. It may be that all the doomsayers are right.

Technical Review 175

Technical Review Startup Product Technology 175

Both Sides of the Table

MARCH 6, 2011

I was saying that I was happy it was all out in the open because I felt at least everybody could now understand the issues & opportunities from the perspectives of angels, entrepreneurs and VCs. Jody didn’t exactly have an easy time fund raising because he’s not one of the prototypical Silicon Valley funded entrepreneurs.

Startup 292

Startup Venture Capital Blogging Summary 292

SoCal CTO

JANUARY 5, 2011

Grade A Entrepreneurs , September 5, 2010 Why Krispy Kreme failed in Australia - Start Up Blog , November 3, 2010 Mellow Johnny’s: Retail Stores as Community Hubs - IDDICTIVE.COM , July 14, 2010 Is crowdfunding an option for my business?

Startup 378

Startup Venture Capital Blogging CTO Coach 378

Both Sides of the Table

AUGUST 9, 2011

I thought about things I never had to as an entrepreneur: check size, ownership percentage, deal stage, portfolio construction and risk. Come 2009 we felt really bullish about the future for startups because the froth was gone and so, too, were wantrapreneurs. I have a young entrepreneur friend who IMs me a lot. tl;dr summary.

Marketing 305

Marketing Venture Capital Funding Technical Review 305