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Is it Time for You to Earn or to Learn?

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This is part of my Startup Advice series. That’s Ok.  They raised $5 million in their B round.  125,000. So let’s go CRAZY!  Not bad.

What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

You are constantly faced with decisions and there is always incomplete information.  This paralyzes most people.  Not you. Making Things Happen.

An Inside Scoop on the Funding Environment and What it Might Mean for You

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It is an heroic accomplishment in a brutal fund-raising market in which only market leaders can bring in that sort of money. $30 million.

Upfront Ventures Raised New $280 Million Fund

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Wait, didn’t you just raise a fund? Our last fund we raised was in 2012 and we began investing it in April of 2012. Foundations. 3.

GRP Targets $250M In New Fund, GRP IV

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Los Angeles-based venture capital firm GRP Partners is looking to raised $250M in its newest fund, GRP IV L.P., READ MORE>>.

More Great News for #LATech – Crosscut Ventures Raises $75 Million Fund

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Crosscut Ventures  has just announced their 3rd fund and clocking in at $75 million , which will be focused heavily on Los Angeles – FTW.

How to Deal with Skeletons in your Closet

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These are all things that you know you’ll eventually need to tell your VC and ethically you must tell them before they fund you. 

Angel Funding Advice

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This is part of my ongoing series Pitching a VC. Last night I attended a DealMaker Media (whom I love because they always host such great discussions) panel on raising angel money moderated by Dan Gould and with panelists Rob Hayes (First Round Capital, more seed or A round than angel), Scot Sangster (with OrganicStartup and [.].

Angel 16

Startup Software Development – Do Your Homework Before You Develop Anything

SoCal CTO

How are you funding this? What level of funding do you currently have? I just had an all-too common conversation with the founder of a startup who had spent more than a year working with a software development company who had produced a mess. always take a very different approach in early conversations. Some founders are taken aback.

Good Judgment Comes with Experience, But Experience Comes from Bad Judgment

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There is a folklore in Silicon Valley that you should fund first-time entrepreneurs.  This is part of my Startup Advice series of posts.

WTF is Traction? A 6-Step Relationship Guide to VC

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Your friends and advisers tell you that this means you need revenue because in this economy VC’s will only fund businesses with revenue.  Now there are some firms that have strict rules about not funding pre-revenue companies – that’s different.  Fund raising is an ongoing process and not an event on a workplan. 

Guide 58

VC Funding Season Ends Next Week

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So why is Funding Season over for the rest of the year?  The VC process is almost universal in how it works across firms. 

Start-ups are all Naked in the Mirror

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Every competitor is resource constrained.  We’re all scared that the next round of funding won’t come. You need to be open but not instill panic.  It’s OK to talk about fund raising challenges or customer losses. This is part of my ongoing series Startup Lessons. Our phones rang off the hook. We were hot. SHIT!!!

Report: Mailroom Fund Demise Due To William Morris

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News of the demise of Los Angeles venture capital fund The Mailroom Fund , the joint venture capital effort of Accel Partners, Venrock, the William Morris Agency and AT&T, is finally trickling out. Wolpert took an extended leave of absence from his investment efforts and managing the fund, and has since moved on to other efforts.

Ostendo Raising Funds to Advance Virtual Reality Display Technology

Xconomy

The financing includes both new investment funding and a conversion of debt to equity, according to a notation in the filing. Adding to the confusion, the most-recent MoneyTree Report on San Diego venture capital activity shows that Ostendo raised almost $10 million in VC funding during the second quarter.

Are Business Plans Still Necessary?

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They are not just for fund raising.  remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 craze.  wares.  RIP 2.0. 

The Perfect Pitch 2009

SoCal Tech Calendar

Monday, October 26, 2009 -- The Perfect Pitch 2009. See [link] (more

Stock Market Drops. Then It Rallies. What Happens Next for Funding?

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Let’s help get their funding get finalized or the company sold if it’s already in play. And VCs scrambled to raise their own funds.

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc.

Are MBAs Necessary for Start-ups or VC?

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And if it’s not I’m generally not that interested in funding it. MBA fine, but not required. Many of my best friends have MBAs.

Beware of Gym Salesman VC

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You’ve obviously talked with several funds to hedge your bets. You’ve been trying to raise VC for months.  Time to celebrate!

Sluggish Year for IPOs, But Signs Abound of Post-Election Surge

Xconomy

Uncertainty surrounding this year’s presidential election has kept U.S. Smith anticipates a flurry of IPOs between Thanksgiving.

Friendgiftr Launches Facebook Gift Card App

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Hollywood-based Friendgiftr , an angel funded startup developing Facebook applications, said today that it has launched a new Facebook application which allows users to send real gift cards to friends, family, and others. The startup said it is now offering over 120 U.S. The firm was founded by Rob Carpenter and David Murphy. READ MORE>>.

Drone On: 3D Robotics Filing Reveals $45M Financing Plan

Xconomy

After a painful restructuring earlier this year, Berkeley, CA-based 3D Robotics appears to be raising additional capital.

Avelas Bio Raises $20M to Push Cancer-Illuminating Biologic Agent

Xconomy

and San Diego’s Avalon Ventures. Inbio Ventures, a venture capital management company, represented Pharmstandard in the deal. Carmine Stengone.

First Round Funding Terms and Founder Vesting

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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. The meme was kicked off by Chris Dixon with this post saying that term sheets need to be simplified and align investor / founder interests.

Nirvanix Confirms Funding Round

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San Diego-based Nirvanix confirmed today that the firm has raised $5M in a new venture funding round. READ MORE>>.

What Makes an Entrepreneur (4/11) – Resiliency

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The agreement was that both sets of investors would fund the combined entity, we would reduce overlapped costs and become a healthier company. 

AdventureLink Gains Funding

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The funding came from Anthem Venture Partners and The Mail Room Fund. Amount of the investment was not disclosed. READ MORE>>.

Zag Raises Funding

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Zag has previously received funding from Anthem Ventures, Arcturus Capital, Capital One, Capricorn Management, GRP Partners, and the Tech Coast Angels.

Zag 2

Apriso Claims Record 2009 Revenues

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Long Beach-based Apriso , a developer of planning and control software for the manufacturing industry, reported Thursday that the firm had record revenues in 2009. Apriso is venture backed by Brentwood Venture Capital, CMEA Ventures, LogiSpring Investment Fund SA, SAP Ventures, and Wall Street Technology Partners. READ MORE>>.

Fisker Automotive Gets $528.7M Loan

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The government funding comes on top of venture funding from such backers as Eco-Drive Capital Partners and Kleiner Perkins Caufield and Byers.

5 Tips to Becoming a More Customer Centric Organization

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Being transparent about our workload, our struggles, our fund raising, whatever.  Turn Your Organization Inside Out. This is part of my ongoing posts on Startup Advice. The Outside In organization had a one-way flow.  Our sales guys were on the front line and heard what they needed to win deals.  What changed for us was Tim Barker arrived. 

Tealium Adds $35M to Expand Technology, Sharpen Customer Focus

Xconomy

Omniture acquired San Diego-based WebSideStory in 2008 (after the company had rebranded itself as Visual Sciences), and Adobe Systems (NASDAQ: ADBE ) acquired Omniture in 2009. Georgian Partners and Bain Capital Ventures, the investment firms that anchored Tealium’s $30.7 For us, it’s never been about tags or Javascript. It’s been about data.

BioIQ Raising Funding

socalTECH

Santa Barbara-based BioIQ , a startup developing personalized medical testing services, is in the midst of raising funding, according to multiple sources. According to recent regulatory filings by the firm, it is in the midst of raising $8.7M in funding. BioIQ has previously raised $2.5M in funding from Great Pacific Capital.

Should Founders Be Allowed to Take Money off the Table?

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This is part of my ongoing series “ Start Up Advice &# but I’d really like to call this post, “VC Advice.&#. Only then are you truly aligned. Not FU money, but “feed the family&# money. think too many VCs simply don’t understand this. Let me start with a couple of stories. For a while but not forever.

Semtek Funding Worth $6.7M

socalTECH

Semtek had announced its round last week, saying the Series B funding came from VeriFone, Venrock, and RRE Ventures, but did not disclose any financial details of the funding. Tags: semtek venture capital funding financial credit card technology round, according to a filing from the firm earlier this week. READ MORE>>.

EcoDog Scores Angel Funding

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San Diego-based EcoDog , a developer of home energy efficiency and monitoring systems, said this morning that the firm has raised a round of angel funding. Amount of the funding was not disclosed. According to EcoDog, the funding came from Tom Page, who is the former head of San Diego Gas & Electric and Enova Corp.

Lottay Gains Funding

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Lottay's online web site allows people to help buy gift cards and collect money from friends and family for those gifts. READ MORE>>.

Ripple Acquirer Raises Funds

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from one of Ripple's primary backers, Draper Fisher Jurvetson. According to TargetCast, which is based in the Bay Area, it received $6.5M READ MORE>>.