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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. Between 2006–2008 I sold both companies that I had started and became a VC. There was no money train.

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Joey Flores On Earbits' Life, Death, and Resurrection

socalTECH

What is it to start up a company, and run it to the brink of shutdown�only to have it acquired and restarted immediately? We caught up with co-founder Joey Flores on the story behind the company's brush with death, and its recent acquisition by You42, which was announced last week. So, we decided to shut down the company.

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So What is The Right Level of Burn Rate for a Startup These Days?

Both Sides of the Table

But the hardest question to actually answer is, “What is the right burn rate for your company?” In other words, fund-raising is a permanent part of the job of the CEO (and CFO) of a company so whether you allocate 5% of your time to it or 20% – it is a year-round activity even if just in the background.

Startup 150
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. One of them is profitability.

Startup 418
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Choose Your VC Investor Carefully

Both Sides of the Table

I write this post as a warning to pick your VC’s carefully. Keeping a blog has been great because so many entrepreneurs have written me with questions about their companies and I’ve gotten to know many of you personally through the process. This is part of my ongoing series Startup Advice. Let me explain.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

It turns out that to build a successful company you ultimately need this strange thing called “revenue” that people don’t just hand you: You need to earn it. Most of this advice boils down to an argument in favor of basic planning before starting a company or raising money. MakeSpace provides physical storage.

Startup 150
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Discussion Creation Among Bloggers - LinkedIn, Blogging and Discussion Groups

SoCal CTO

I am in the middle of writing up some of my thoughts on this and will post about it and let you know. We have been using LinkedIn for both sourcing recruits and reviewing backgrounds for recruits. . * Im constantly frustrated by conversations that take place in discussion groups that cant cross the border into the blog world.

Blogging 150