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Another personal story: Timing is everything in a sale.

Berkonomics

Almost anyone who has sold a company has a story to tell about their good deal, the problems with the buyer, a last-minute change of terms, or more. I’ve been offered $15 million for my company and my partner is suing me for all I am worth. How the industry was growing around the company. The year was 1998. What can I do?”.

Sales 120
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CrownPeak Raises $1.75M in Series C

socalTECH

Los Angeles-based CrownPeak , a developer of web content management systems (CMS), has raised $1.75M in a Series C funding round, according to a regulatory filing by the firm today. CrownPeak, which is headed by Jim Howard, develops software used by companies to easily modify and maintain web sites, without requiring web designers.

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Lynda.com Snags New Enterprise GM From Salesforce.com

socalTECH

Carpinteria-based lynda.com , the online learning and education company backed by Accel Partners, Spectrum Equity, TPG Capital and Meritech Capital Partners, has bolstered its executive staff in the enterprise area, saying this morning that it has named Erik Nierenberg as General Manager of its Enterprise business. READ MORE>>.

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LaunchpadLA Application Deadline Nears, As Class Graduates

socalTECH

The group says that so far, from 2009 to 2011, it accepted 23 companies, of which 19 received funding worth a total of $80M; the accelerator said that the nine companies acquired exceeds $60M in proceeds. LaunchpadLA started initially as a mentoring group, but expanded into accelerating and investing in companies in the last few years.

Class 168
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Timing is everything in a sale of a business.

Berkonomics

After presenting a “state of the company” report at a national meeting of resellers for a company where I sat on the board, I was approached by one of the audience members, complimenting my presentation and stating, “I have a problem. I’ve been offered $15 million for my company and my partner is suing me for all I am worth.

Sales 149
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Putting the Pedal to the Metal at Amplify

From the Venture Trenches

Amplify’s portfolio companies are schooled on every challenge they need to master in order to achieve success. Amplify’s close mentoring is by design. All the companies that graduate from the accelerator’s program work from the same office and can literally reach out and touch their investors at any time.

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Stock options: Guard the Gold

Berkonomics

For this insight, we will assume a business is perhaps well beyond start-up and growing, but that cash is tight, used for growth and for working capital as earned. There are times when services of others are available for stock instead of – or in addition to cash. Such an analysis is in the service of all shareholders.