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Realistic Entrprenuers Guide to Venture Capital

SoCal CTO

Tony Karrer is CEO/CTO of TechEmpower , a Los Angeles Web Development firm, and is considered one of the top technologists in e-Learning. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?

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Map of VC Investments

SoCal CTO

skip to main | skip to sidebar SoCal CTO Friday, March 9, 2007 Map of VC Investments Found this Map of 2006 VC Investments post. He has twenty years’ experience as a CTO. He has been the CTO for several start-ups, most notably eHarmony. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO?

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HyreCar Raises $1.46M In Debt Funding

socalTECH

Los Angeles-based online car rental service HyreCar has just raised $1.465M in debt funding, as part of an ongoing $2.3M HyreCar's CEO is Joe Furnani, and its CTO is Abhi Arora. HyreCar's service lets drivers rent cars which they can use to drive for Uber and Lyft, with no contracts and no sign up fees.

CTO Hire 157
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Equity for Early Employees in Early Stage Startups

SoCal CTO

I was asked by a reader how much equity he should give out to early employees and to service providers in a very early stage startup. I'll get to service providers in a later post. For your first key hires, three, five, maybe as much as ten, you will probably not be able to use any kind of formula. n = (1.2 - 1)/1.2 =.167.

Equity 391
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Is Going for Rapid Growth Always Good? Aren’t Startups So Much More?

Both Sides of the Table

He also nails the reason why venture capital is still necessary to grow large businesses quickly in a world where the costs of running startups have fallen dramatically. “Why do founders want to take the VCs’ money? .” After all, growth equals high valuations and loads of venture capital!

Startup 390
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The Power of Getting the Band Back Together

Both Sides of the Table

The truth is you really don’t know how your teammates or your bosses will perform in good times and bad. You hire people who look good on paper. You join teams that got good write-ups on TechCrunch, have great VCs, have star CEO’s, whatever. Working hard together at a big company just isn’t the same.

CTO Hire 320
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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

Having street smarts with no inspirational ability to build teams can yield a great small business but will be difficult to scale into a large VC-backed business. So we as VCs search for entrepreneurs/founders who have the whole package or as much of it as possible. In the book they profile how VC worked in the early days (60s / 70s).