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.

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Invest Angel Technical Review Venture Capital 299

InfoChachkie

MARCH 18, 2013

In order to extract value beyond your Angel investors' cash, you must first assess three important parameters: (i) the relative strength of their personal brand, (ii) their ability to add operational value, and (iii) the amount of care and feeding they will demand from you. Four Common Angel Archetypes.

Angel 217

Angel Technical Review RSS Entrepreneur 217

TechCrunch LA

APRIL 23, 2020

Representatives from the government and the utility managing the power of Los Angeles are proposing a sweeping infrastructure package worth roughly $150 billion centered on the broad electrification of transportation and industry. “Startups and small businesses are the engine of every local and regional economy,” writes Peterson.

Southern California 261

Southern California Los Angeles Rosemead Incubator 261

Both Sides of the Table

SEPTEMBER 14, 2010

This is the second article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). And we all know that Ron Conway is considered the savviest of angel investors and yet by definition not all of his investments succeed. Part 1 – Access to Great Deal Flow – is here.

Invest 288

Invest Angel Web 2.0 SEO 288

Both Sides of the Table

OCTOBER 12, 2014

These tensions seep out in some angels or seed funds publicly or semi-privately deriding later-stage VCs for their “bad” behavior. Or your A-round investor who wrote a $5 million for 25% of your company may not be well positioned to write another $5 million (25%) of a $20 million round. Thus begins the dance.

Guide 336

Guide Venture Capital Startup Writing 336

Both Sides of the Table

JULY 7, 2015

If you follow the Twittersphere you may have noticed several people weighing in on this recent piece by Mike Isaac of the NY Times, asking “ How Many Angels is Too Many? I myself coined the term ENIFA (everyone now is a f **g angel) in 2011 but it didn’t stick as well as the term Unicorn did. Hua of Apptimize.

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Angel Startup Seed Funding Invest 150

Both Sides of the Table

SEPTEMBER 15, 2010

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). But while I prefer a certain naive optimism in founders I can’t see the logic that this extends to angel investors. Either downside scenario requires angel deals to be funded further.

Invest 284

Invest Angel Venture Capital Startup 284

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. She went on to write, “Dee and Josh are the exact right team to tackle it.

Product 191

Product Funding Technical Review Equity 191

TechCrunch LA

FEBRUARY 6, 2022

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter. Image Credits: Facebook. the big thing.

Marketing 246

Marketing Newsletter Technical Review News 246

Both Sides of the Table

SEPTEMBER 14, 2010

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). But I prefer a certain naive optimism in founders but I can’t see that this extends to angel investors. Either scenario requires angel deals to be funded further. Not everybody agreed.

Invest 152

Invest Angel Venture Capital Startup 152

Startup Professionals Musings

FEBRUARY 12, 2023

These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many strategies leading to failure that are inside the entrepreneur decision realm. I believe the old adage that you don’t know what you don’t know until you try to write it down.

Startup 124

Startup Writing Entrepreneur Ideas 124

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. You can be pissed off, but I don’t set prices. That’s stupid.

Startup 336

Startup Pricing Technical Review Marketing 336

Both Sides of the Table

APRIL 27, 2014

Angels have been prolific for years now and they, too, rely on downstream money to cover their bets. I know I can’t be in every deal and I know that the easy part of being a VC is writing the first check in a deal. If an accelerator is writing you they’re also writing 25 other VCs. I don’t.

Venture Capital 374

Venture Capital Invest Press Startup 374

TechCrunch LA

MARCH 22, 2018

As BCG writes in its report: The good news for SoCal and any region with tech ambitions is that the Bay Area has in some ways been too successful. In fact, as is well-reported, the luster of Silicon Valley is fading.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

Both Sides of the Table

FEBRUARY 16, 2017

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” Lightspeed, Benchmark, IVP, General Catalyst, SV Angel and others. Mostly kidding.

Snapchat 214

Snapchat Invest Technical Review Dollar Shave Club 214

Both Sides of the Table

MAY 5, 2013

.” In the article I discussed the downside of raising capital at a too high of a price and referred people to a previous article I had written encouraging founders to raise “ At the Top end of Normal ” as opposed to stratospheric prices. If we count seed funds and large angels maybe that number goes up by 2x?

Pricing 302

Pricing Seed Funding Invest Venture Capital 302

Berkonomics

JUNE 29, 2017

[Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life. A small venture firm and a few more angels rounded out the total investment.

Invest 243

Invest Entrepreneur Sales Startup 243

Startup Professionals Musings

MAY 17, 2020

These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many strategies leading to failure that are inside the entrepreneur decision realm. I believe the old adage that you don’t know what you don’t know until you try to write it down.

Startup 174

Startup Writing Entrepreneur Ideas 174

Both Sides of the Table

FEBRUARY 12, 2019

Traditional VCs have raised larger funds that allow them to pay slightly higher prices and still hit preferred ownership sizes. And when seed deals have no where to go you end up with “seed extensions” where seed funds and angels are buying an extra 6–12 months of runway to try and reach a phase that can attract traditional venture.

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Venture Capital Invest Seed Funding Startup 328

Both Sides of the Table

SEPTEMBER 29, 2013

My favorite new VC blogger, Hunter Walk, weighed in with some thoughtful comments about how Syndicates might actually pit, “ angel vs. angel.” AngelList 101 : As you know, AngelList is a platform where angels can invest in semi-screened tech deals. They will have to negotiate price and terms.

Venture Capital 356

Venture Capital Invest Course Technical Review 356

Both Sides of the Table

JULY 29, 2010

on the entrepreneur side of the table) when I raised at too high of a price. So don’t raise money at a cheap price, but don’t get too far ahead of yourself either. Pricing high also takes exit options off the table. Angels have a much lower threshold for returns than do VCs. This is wrong.

Venture Capital 282

Venture Capital Capital Startup Pricing 282

Both Sides of the Table

JULY 15, 2010

I give a sneak peek at a blog post I’m writing on the topic next week. Can you please explain convertible debt and specifically how it pertains to angel deals? If you’re an entrepreneur, all else equal you prefer convertible debt because the deal is priced at a later stage when you’re worth more.

Venture Capital 210

Venture Capital Seed Funding Pricing Southern California 210

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. Wander is one-such service providing high speed wireless internet in Los Angeles.

Startup 229

Startup Technical Review Invest Research 229

Berkonomics

MARCH 13, 2014

They told me all about why this is such a good idea: hard to manage price discovery in the commercial real estate market; fragmented information about vacancies obtained from landlords and brokers; and the large scale of transactions. They wanted to come to pitch to my angel network. They wanted to come to pitch to my angel network.

Invest 237

Invest Examples Networking Writing 237

socalTECH

JANUARY 23, 2013

With its latest product release, Los Angeles-based PromoJam is gambling on the first, and made managing and running social promotions much more like inhabiting a social network than running enterprise software. PromoJam debuted its brand new, self-service version of its social promotions tool today, PromoJam 2.0,

Tool 190

Tool Services Social Network Template 190

Both Sides of the Table

SEPTEMBER 19, 2011

In my opinion it’s the most natural fit and it would give Netflix a very strong presence in Los Angeles and in TV (obviously subject to getting the right writes from the studios). So it wouldn’t be a surprise to see price increases in Qwikster in the future. kids movies priced as a separate package).

Netflix 329

Netflix Evite Pricing Hulu 329

Both Sides of the Table

FEBRUARY 27, 2011

This is a blog post I really didn’t want to write. I didn’t want to write it because I have mixed feelings about AngelList. I didn’t want to write it because the bloggosphere doesn’t always do nuance well. So why I am writing it then? What about “angel&# investors? A few reasons.

Venture Capital 267

Venture Capital Writing Blogging Startup 267

Both Sides of the Table

MARCH 2, 2011

I’m sitting at my computer now at 9.00pm writing this – which is an hour earlier than I normally write (there are about 8 women at my kitchen table having a book club (aka excuse to drink wine & gossip so I’m locked in another room writing. Should entrepreneurs have convertible debt or priced equity?

Email 287

Email Blogging Venture Capital Writing 287

TechCrunch LA

APRIL 7, 2019

Let AI write the script. ” The Beijing and Los Angeles-based startup isn’t content with just making the software. “A lot of studios are asking how much we price our engine at, but we are targeting the consumer market. The other application, like Alpha Go, largely exists in the lab.

Startup 235

Startup Artificial Inteligence Los Angeles Software 235

socalTECH

DECEMBER 4, 2012

Los Angeles-based Ebyline , the online marketplace which connects publishers with freelance journalists, has rolled out a new offering today, which it says can help publishers produce their own, custom news feeds. Pricing on the new product was not disclosed.

Services 147

Services News Hollywood Entertainment 147

Startup Professionals Musings

FEBRUARY 5, 2020

The solution here is to never stop the fundraising cycle, moving quickly from friends and family, to angels, to venture capitalists. Keep control by writing every check personally, and manage receivable and payables tightly. Don’t wait for that worst case scenario where the customers aren’t buying, and hope to fix it by cutting prices.

Startup 131

Startup Entrepreneur Examples Customer 131

Both Sides of the Table

SEPTEMBER 27, 2010

And that was evident on today’s Angel vs. VC panel. A new group of investors have clustered around writing earlier-stage, smaller checks. If you’re an angel you invest your own money and you have nobody to answer to except your spouse. But you’re not an angel. Price creep hurts investors.

Venture Capital 308

Venture Capital Training Startup Entrepreneur 308

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. In the old days there usually weren’t convertible notes on early-stage deals and there weren’t party rounds with 20 angels or 6 seed funds. It’s very simple.

Venture Capital 150

Venture Capital Pricing Startup Invest 150

socalTECH

NOVEMBER 7, 2011

That's something which Los Angeles-based VroomGirls (www.vroomgirls.com) is looking to change--with the backing of sponsors like Toyota, Ferrari, and Lamborghini. The other thing that struck me, is because it is only men, they tend to write with lots of testosterone. It's simply that there are so many men doing it.

Truecar 204

Truecar Writing Edmunds Sites 204

Berkonomics

JUNE 11, 2015

Our guest insight this week is from Frank Peters, well-known in the angel and in the bicycle worlds for his podcasts and passion. You just had to be lucky, write reasonably good code and land in an industry with some legs, and of course, treat the customer well. By Frank Peters. His personal story is full of lessons for us all.

Customer 120

Customer Custom Writing Southern California 120

Both Sides of the Table

MAY 23, 2010

If a round of funding does happen then this debt is converted into equity at the price that a new external investor pays with a “bonus&# to the inside investor for having taken the risk of the loan. They also trust VC’s to determine the right price to pay for the company securities that they buy.

Startup 290

Startup Funding Venture Capital Pricing 290

Both Sides of the Table

OCTOBER 30, 2014

It’s true the some VCs have started writing so many checks that they resemble stock pickers but the majority of us still have less than 10 board seats at any time and tend to go pretty deep so the result is that we care deeply about where we commit our time. Could we produce this at cost? I am inspired by her ambitions and plans.

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Technical Review Software Review CTO Hire IP 418