Berkonomics

FEBRUARY 16, 2023

Here’s the IRS take on the issue: It is no secret that the IRS carefully looks below the surface for personal use of company assets (including cash) in its corporate income tax audits. Or of the reaction of your accounting person when asked to book obvious personal uses of the corporate credit card as company expense.

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Berkonomics

FEBRUARY 20, 2020

As a rule of thumb, a company with a majority owner in control will be required to provide such a guarantee for most any borrowing of significant size in relation to assets. A win-win for the investor and entrepreneur assuming the company does grow and have a liquidity event someday. Then what happens when there are investors?

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Berkonomics

JANUARY 24, 2019

Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Some of these entrepreneurs starting a new company are alumni from companies that would be a competitor to the enterprise being created or joined. Rules about non-compete agreements .

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Berkonomics

JANUARY 24, 2019

Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Some of these entrepreneurs starting a new company are alumni from companies that would be a competitor to the enterprise being created or joined. Rules about non-compete agreements .

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Company Companies News Startup 120

Berkonomics

APRIL 27, 2023

Everyone who manages a company, a workgroup or a sales force wants to write as many new deals as possible and is usually wary about doing anything that might threaten the positive outcome of a pending sale. The post Are you a dictator about sales deadlines? We hesitate to enforce our own rules. first appeared on BERKONOMICS.

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Berkonomics

AUGUST 29, 2019

For weeks, we’ve highlighted both good and bad things about boards of directors for your company (or non-profit.) This week, let’s focus upon number one – aside from the requirements of boards to protect the company itself (not the shareholders.). No, that is not the watch company, if you are one of those.)

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Berkonomics

MARCH 18, 2021

The same is true about marketing. Here’s the ultimate thing about entrepreneurism. Resources such as money, experience, statistics about your target, experienced marketing and sales talent, and especially a compelling need and attractive product are all important to the ultimate success of an enterprise.

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Berkonomics

MAY 18, 2023

Differentiating the possible motives… If the employee who is about to resign tells you that he or she is off to conquer the world in a completely new arena, there is almost always the unspoken sigh of relief and a cooperative attitude that flows from that point on in the conversation. What could you do if your company secrets are compromised?

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Berkonomics

MAY 21, 2020

Assuming that a corporate whistle-blower is not tooting about you individually, such a class of people have been granted protections under the law and serve a function that needs to be acknowledged. That’s particularly tough if the consequence is going to be severe against the company itself. Motive of the whistle-blower.

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Both Sides of the Table

MAY 20, 2020

It won’t happen right away but I’ve seen some innovative companies doing exactly this in places like Australia where they are taking a more liberal approach to allowing drone deliveries. It was only about 10–15% of their actual total revenue per month so for many it wasn’t a battle worth fighting?—?they

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Both Sides of the Table

JUNE 17, 2017

They actually lost about $175 million in cash in that quarter, FWIW. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. Are you looking to potentially sell the company in the next year or two? See appendix if you want to know more on this.)

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Both Sides of the Table

MAY 30, 2018

One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” I thought I’d write a post about how to talk about valuation at a startup and give you some sense of what might be on the mind of the person considering funding you.

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Berkonomics

APRIL 6, 2023

And good board members can add real value to you and the company. Email readers, continue here…] Generative thinkers are relentless in asking questions that get to the core of an idea, often making the originator think more deeply about the effects over a longer period of time. or “How about the public relations impact?”

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Berkonomics

MARCH 15, 2018

Board members are usually busy people, often running other companies or serving on multiple boards. You would probably cross a line if you ask a member of the board to consult to the company, spending considerable time with other employees regarding issues that might be handled by others than from a board. Good luck!

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Both Sides of the Table

APRIL 18, 2019

The Truth About the Scooter Economy?—?An The company started the year with no revenue and at it’s peak had a run rate well in excessive of $100 million / year. Pause to think about how remarkable that truly is. No, the scooter companies were not incredibly well prepared for just how steep the drop would be.

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Berkonomics

DECEMBER 12, 2019

But for those wise executives who included their bankers in occasional update calls, press releases, invitations to company events and an occasional personal visit, the strength of the relationship will often show its benefits during times when lending rules of the bank are near the “can’t do it” point. How about existing loans outstanding?

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TechCrunch LA

AUGUST 12, 2022

Deerman had watched other meal delivery companies, like Munchery and Sprig , close years earlier and had gotten creative with the company’s business model as a result. In January 2020, the company was in discussions with Whole Foods about launching a pilot of its meals in a few stores. Then the COVID pandemic hit.

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Berkonomics

JANUARY 20, 2012

Some are alumni from companies that would be a competitor to the enterprise being created or joined. What is the rule about those pesky non-compete agreements signed upon discharge or sale of the previous company? Entrepreneurs tend to remain in the business arena they came from.

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Both Sides of the Table

JANUARY 11, 2014

I actually really enjoyed many of the points Muhammad made about marketing in general and I found myself nodding through the entirety of the article except for it’s core premise. I believe growth hacking is about all of this. I’d like to make the case that the article is wrong. I’d strongly encourage you to read it.

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Berkonomics

FEBRUARY 26, 2020

With a background in management and technology, he gives us something to think about regarding today’s top-of-news subject. Which companies are most at risk? The obvious companies that would suffer the most quickly are mall locations, strip mall locations, theaters, restaurants, and many many more.

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Startup Professionals Musings

SEPTEMBER 3, 2023

More than ever before, people want to buy from, work for, and invest in companies that matter. Your company and team members have to be seen as going above and beyond to solve the problems of internal and external customers. Companies that matter focus beyond the buy/sell transaction view of the world.

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Both Sides of the Table

SEPTEMBER 15, 2013

For much of 2013 I watched the press write articles about how the YouTube “MCNs” (multi-channel networks) were doomed and tried to square that with the data I was watching at the one I invested in, Maker Studios, who has had one hell of a year. I agree with YouTube (that they provide more (hosting, ad sales, etc.)

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Both Sides of the Table

MARCH 31, 2012

Many MBA programs still cater too much to the needs of large, corporate management jobs or prepare students to enter big consulting companies or investments banks. If you haven’t read Adam Lashinsky’s awesome new book about Apple , you should. And that leads me to today’s post. Specifically, 1.

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Both Sides of the Table

OCTOBER 11, 2016

Gregg Johnson, CEO of Invoca For the first 5 years or so after I became a VC I didn’t talk much about what I thought a VC should be excellent at since frankly I wasn’t sure. It’s easy to think the role of a VC is to have strong opinions about markets, trends, tech dynamics and so forth. I don’t think this is the job.

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TechCrunch LA

APRIL 5, 2020

Though the game was intended to be played outdoors, the COVID-19 crisis forced the team to pivot, creating an option that lets people move about virtually using in-game controls, or walk around in more confined spaces. “All that collectively is about creating a connection between you sitting in St.

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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. What excites me about this space is that there’s so much low-hanging fruit.

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TechCrunch LA

JANUARY 11, 2021

As the vaccination campaign to counter COVID-19 gets underway (albeit with a rocky start), a number of companies are attempting to support its rollout in a variety of ways. But the app is also providing users with information about COVID-19 care, and, most usefully, prevention and ways to slow the spread.

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Both Sides of the Table

NOVEMBER 13, 2014

Helped merge company with Seedling – on track to do $20 million combined revenue in 2015 – will now become Chairman). Operating experience (Helped run parts of CitySearch & UrbanSpoon, tons of product management experience, Board of Hatch Labs which helped spawn Tinder). They like to say it was an 8-year interview process).

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Venture Capital Startup Outsource Development CitySearch 408

Berkonomics

NOVEMBER 6, 2014

Enterprise time, as opposed to personal time management, is defined as the sum total of resources available to a company expressed in terms of time – time to develop, to debug, to produce, to deploy, to respond to issues, and to make changes in plans that are not working. Extending the Runway book available at www.berkus.com.

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Both Sides of the Table

MARCH 15, 2014

.” I have been weighing in slowly on the topic over the past few weeks on Twitter but have avoided writing a blog post about it until now. I have thought a lot about anonymity over the years and actually have enjoyed debating the topic with those passionate about anonymity’s benefits because of course that’s how I learn.

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Technical Review Blogging Examples Startup 329

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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Both Sides of the Table

FEBRUARY 16, 2017

We did know about Snapchat as early as anybody. My colleague at the time James Bailey was bugging me to take a meeting when it was an unknown company because he had younger family members and friends obsessed with Snapchat who were in university at the time. Of course that was a wrong narrative for both companies.

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Berkonomics

JULY 16, 2020

Growing companies usually require more working capital during their periods of rapid growth. If the equity value of a company is growing at the same rate as the company, say 40% per year, almost any form of debt financing may be preferable as a way of preventing further dilution from issuing additional equity.

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Berkonomics

OCTOBER 8, 2020

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. But many decisions were made within my company walls, and surely by competitors, based upon those numbers. Or cost estimation.

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Both Sides of the Table

AUGUST 20, 2015

If one entered between 2009-2015 he or she is no doubt in the “hazard” phase where one need to be careful about thinking he know more about the industry than perhaps he do. Too much money too early often f s companies up. No – I’m not talking about YOU – everybody is doing it. ” Well.

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socalTECH

MARCH 19, 2019

Securities and Exchange Commission said in Monday in a legal filing that Elon Musk is continuing to send out "reckless" tweets about Tesla, despite a legal agreement by Tesla and Elon Musk to ensure that his tweets about Tesla production numbers and other information that might be material to the company. READ MORE>>.

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Both Sides of the Table

NOVEMBER 20, 2012

Now, I’m pretty on the record that being an entrepreneur is about being great at The Do. But trust me when I say that my observations across many startups (and other companies, frankly) is that not enough time goes into thinking. I’ve talked in the past about how I manage my own creative process.

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