Berkonomics

JANUARY 6, 2022

First, the marginal exit event: Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Most sophisticated investors will take either a promissory note or preferred stock, both of which come before founder or management stock in a sale or liquidation.

Venture Capital 156

Venture Capital Sales Pricing Equity 156

socalTECH

MARCH 19, 2013

Los Angeles based Leads360 , the developer of sales leads management software, thinks so, announcing today that it has launched a new product which uses a fancy algorithm to better assign and drive leads and sales followups. Pricing on the new product were not announced. READ MORE>>.

Rustic Canyon 193

Rustic Canyon Sales Los Angeles Pricing 193

socalTECH

DECEMBER 3, 2015

Los Angeles-based all-you-can-fly airline is telling prospective customers that the company is planning a big pricing change on January 1st, and will increase its starting subscriptions from $1,750 per month to $1,950 a month.

Pricing 100

Pricing Burbank Hawthorne Email 100

socalTECH

JUNE 11, 2015

Los Angeles-based Android-based game console maker Ouya is nearing a sale of the company, most likely by game hardware maker Razer , according to reports.

Sales 100

Sales Report Los Angeles Pricing 100

socalTECH

JULY 10, 2019

For this morning's interview, we spoke with Los Angeles-based Halla , a venture backed startup, focused on personalized recommendations for the food ordering industry. We spoke with CEO and co-founder Spencer Price to learn more about the company. Spencer Price: That's a fair question. The company has raised $1.9M What is Halla?

Pricing 113

Pricing Startup North Hollywood Platform 113

socalTECH

APRIL 11, 2016

Los Angeles-based Velocify , the developer of leads management and sales software, has rolled out a new tool call SalesCaddy. Pricing on the new tools was not announced. According to Velocify, the new tool uses social and professional networks to help its users discover and convert potential buyers. READ MORE>>.

Tool 100

Tool Sales Template Email 100

Berkonomics

NOVEMBER 1, 2018

Some companies, especially those financed by angel or VC investors, have good, formal stock option plans with properly priced options set to reward all employees and managers in the event of a corporate sale. I found myself in such a situation upon a sale of my computer software company. Formal option plans for some.

Sales 480

Sales Venture Capital Writing Email 480

Berkonomics

AUGUST 3, 2023

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Strategic investors validate a business, by their presence creating the very value they pay for with increased price per share purchased.

Venture Capital 295

Venture Capital Startup Class Invest 295

Berkonomics

OCTOBER 1, 2015

Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Most sophisticated investors will take either a promissory note or preferred stock, both of which come before founder or management stock in a sale or liquidation.

Angel 120

Angel Sales Pricing Equity 120

socalTECH

APRIL 18, 2011

Los Angeles-based MarketShare , a provider of marketing analytics software, and Ticketmaster , the ticketing firm, said Monday that they have partnered. According to the two, they will develop a suite of dynamic pricing tools for clients, to help them price their live events. Financial details of the deal were not disclosed.

Ticketmaster 133

Ticketmaster Pricing Tool Los Angeles 133

Both Sides of the Table

NOVEMBER 14, 2010

I pointed to several Economist articles I had read that mapped historical prices of real estate for 400 years and how on average property values grow at no more 1.5% above inflation yet in many markets in the US & Europe prices were rising at 10-25% per year. Logic tells me the following: It is hard to make money angel investing.

Invest 299

Invest Angel Technical Review Venture Capital 299

TechCrunch LA

MARCH 3, 2019

Tesla will pull back the curtains and unveil its Model Y crossover vehicle at an event in Los Angeles on March 14th, according to a tweet from chief executive Elon Musk. Tesla said that to achieve this lower price it will shift all sales globally to online only, meaning the company will be closing many of its stores over the next few months.

Design 272

Design Layoffs Pricing Los Angeles 272

Both Sides of the Table

AUGUST 14, 2009

I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. This post is for those who want to raise angel money. At an angel round you can get away with no market validation.

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Angel Funding Venture Capital Startup 291

socalTECH

APRIL 2, 2021

Los Angeles-based accounting automation software developer Blackline says it has launched a new product targeting the accounts receivable market. Pricing on the new software was not announced.

Software 113

Software Software Development Los Angeles Pricing 113

Startup Professionals Musings

OCTOBER 16, 2023

Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. As a rule of thumb, most viable businesses need a gross margin above 50 percent, even on wholesale prices, to cover operational expenses and survive as a business.

Startup 116

Startup Pricing Sales Statistics 116

Berkonomics

JANUARY 28, 2021

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up pre-money valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. And here’s the “why.”.

Outsource Development 156

Outsource Development Startup Outsource Venture Capital 156

TechCrunch LA

APRIL 5, 2022

The feed shows videos of homes on the market, as well as a price tag. As you scroll, you can guess whether the price Playhouse showed you is higher or lower than the actual listing price, helping to educate future buyers about the market (… and also it’s fun, even if you’re not looking to buy a $2 million home in San Francisco).

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Content Pricing Seed Funding Los Angeles 255

socalTECH

JUNE 29, 2020

Los Angeles-based LiveXLive , the livestreaming and on-demand live event operator, says that--despite the pandemic--it is seeing record pay-per-view concert ticket sales. The company says it has live streamed 59 live music events and over 1,200 artists since January of 2020, and now has 873,000 paid subscribers. READ MORE>>.

Demand 113

Demand Sales Los Angeles Pricing 113

SoCal CTO

MAY 19, 2010

I’m planning on going to a Tech Coast Angels mixer tomorrow and the topic for me is whether there is angel funding out there for startups that don’t meet classic VC models. By way of background for the question, there’s a great post by Bob Aholt, a Pasadena Angel: An Angel Investor’s Thoughts on Valuation. So get real.

Invest 205

Invest Angel Tech Coast Angels Pasadena Angels 205

socalTECH

FEBRUARY 17, 2021

Los Angeles-based car sharing marketplace HyreCar reports it has raised $29.7M million shares of its common stock at a public offering price of $11.75 in its public offering. The publicly traded company--which trades as HYRE on the NASDAQ--said it sold 2.53

Los Angeles 113

Los Angeles Pricing Platform Report 113

TechCrunch LA

DECEMBER 8, 2020

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282

Sales Demand San Diego Funding 282

Berkonomics

APRIL 14, 2022

Here you make a pitch with a price attached and ask the target to respond immediately to take advantage of the offer. Yes, you might have made a more attractive offer with better results; but you can test direct response ads with various offers and price points to determine that optimum level. Measuring your results.

Advertising 156

Advertising Statistics Pricing Email 156

Berkonomics

JULY 23, 2020

Sometimes the end game or sale of the company is not a happy event. Especially when outside investors, venture capitalists, or angels, have put in substantial money and the sales price is less than the value of their investment. There are some questions a distressed sale brings to mind. How about outside investors?

Company 156

Company Companies Sales Venture Capital 156

Startup Professionals Musings

OCTOBER 21, 2023

Proof of any business model starts with a finished product or solution, sold to a new customer for full price, with high satisfaction for the value received. Word of mouth is not adequate for marketing and sales. Everyone must be part of the sales process.

Customer 109

Customer Custom Satisfaction Sales 109

socalTECH

NOVEMBER 8, 2017

Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday. READ MORE>>.

Commerce 124

Commerce Artificial Inteligence Seed Funding Santa Barbara 124

socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion.

Southern California 133

Southern California Commerce Acquisition .Net 133

Berkonomics

JULY 19, 2010

Once a company founder has tapped the funds available from his or her resources and from friends and family, if the company needs more cash for growth, the most obvious next step is to look for money from angel investors and venture capitalists, typically in the $300,000 TO $3,000,000 range.

Pricing 120

Pricing Invest Startup Sales 120

Berkonomics

DECEMBER 21, 2017

Once a company founder has tapped the funds available from his or her resources and from friends and family, if the company needs more cash for growth, the most obvious next step is to look for money from angel investors and venture capitalists, typically in the $300,000 TO $3,000,000 range.

Invest 243

Invest Sales Resource Email 243

Berkonomics

OCTOBER 5, 2023

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. And professional investors often penalize the company with lower-priced down rounds or expensive loans as a result. The art of good management.

Venture Capital 296

Venture Capital Product Marketing Resource 296

socalTECH

FEBRUARY 5, 2021

Los Angeles-based car sharing marketplace HyreCar, which provides access to cars for drivers int he ridesharing, food, and package delivery services business, says it expects to raise $25.85M in a public offering of the company's stock, which priced on Wednesday evening. Davidson & Co., Maxim Group, and Ladenberg Thalman & Co.

Los Angeles 113

Los Angeles Pricing Sales Capital 113

socalTECH

JULY 19, 2019

Los Angeles-based HyreCar , a publicly listed, carsharing marketplace operator (Nasdaq: HYRE), says it has priced an offering of 3.5M shares of its common stock, at $3.00

Los Angeles 124

Los Angeles Pricing Platform Sales 124

TechCrunch LA

MAY 14, 2020

Ettitude , the Los Angeles-based, direct-to-consumer startup making sustainable bedding and sleepwear from bamboo fibers, has raised a sustainably sized round that should keep the company going even in the face of an economic recession. From then on the two co-founders began the long, hard slog of marketing their business. . ” The $1.6

Sample 184

Sample Startup Los Angeles Sales 184

socalTECH

FEBRUARY 20, 2020

Los Angeles-based ServiceTitan is providing integration of its platform with garage door manufacturer and supplier Clopay, the company said this week. According to ServiceTitan, the integration allows garage door sales and service technicians to easily configure and present quotes and track and process Clopay doors. READ MORE>>.

Sales 100

Sales Los Angeles Pricing Tool 100

TechCrunch LA

JULY 19, 2022

The process for retailers and brands to liquidate excess inventory hasn’t changed very much, if at all, and while some retailers were able to build operational infrastructure to service the off-price channels, it continues to be a constant pain point. The equity will go toward hiring more talent to join Ghost’s 25-person team.

Product 191

Product Funding Technical Review Equity 191

Startup Professionals Musings

FEBRUARY 5, 2021

If you don’t have a destination, don’t waste your money trying to get there, and don’t expect anyone to support you along the way Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. Forecast sales-volume expectations.

Startup 147

Startup Pricing Sales Statistics 147

Berkonomics

FEBRUARY 3, 2022

First, the implied promise: Taking money from professional investors such as angels or VCs usually requires that you agree to seek an exit for those investors in your plan, often targeting five to seven years as the ideal period for growth before a liquidity event. A personal experience that relates.

Equity 156

Equity Course Sales Invest 156

Berkonomics

JUNE 15, 2017

Taking in angel or venture money requires a setting of an entrepreneur’s expectations that may come as a shock at least at first. From the moment such an investor looks seriously at your company, the investor or VC partner is thinking of the end game, the ultimate sale of the company or even of an eventual initial public offering.

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Venture Capital Sales Invest Class 243