socalTECH

SEPTEMBER 25, 2018

Los Angeles-based venture investor Bonfire Ventures , the venture capital fund led by SoCal VC veterans Jim Andelman and Mark Mullen, has launched a fundraising effort for a new fund, Bonfire Ventures Select I , according to a regulatory filing from the firm this week. READ MORE>>.

Venture Capital 140

Venture Capital Funding SoCal Southern California 140

Both Sides of the Table

JUNE 27, 2021

On Funding?—?Shots When you’ve been playing the game a bit longer or when you have responsibilities at the fund level you start thinking more about “portfolio construction.” billion When Ring started, even the folks at Shark Tank wouldn’t fund it. the sale of the company for $1 billion. It was ~30 days from bankruptcy.

Funding 294

Funding Startup Writing Invest 294

Both Sides of the Table

MAY 24, 2018

If you’ve read any of my ongoing series on fund raising from venture capitalist (episode 1?— ?controlling controlling your psychology ) you no doubt have heard me say that raising capital is a sales & marketing process. VC Partnerships Start by understanding how many partners are at the firm you are approaching.

Venture Capital 314

Venture Capital Technical Review Invest Slides 314

Both Sides of the Table

JANUARY 22, 2014

Picking a VC is hard. So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. Most VCs are book smart. VCs should be more of a coach than proscriptively telling you what to do. You want a VC who will spar with you but then STFU and let you get on with things.

Venture Capital 364

Venture Capital Coach Writing SaaS 364

Berkonomics

OCTOBER 5, 2023

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. It is not a strong bargaining position for the CEO to ask for money to complete a product promised for completion with the previous round of funding. The art of good management.

Venture Capital 296

Venture Capital Product Marketing Resource 296

InfoChachkie

DECEMBER 7, 2015

Jason concludes that: A top founder takes much more risk, at least on paper, but can make a lot more than even the best VC of all time. A pretty good VC probably makes more than a pretty good and successful founder. Jason’s comments caused me to compare my career as an entrepreneur and a VC with Rincon Venture Partners.

Venture Capital 100

Venture Capital Capital .Net Entrepreneur 100

Berkonomics

AUGUST 3, 2023

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally generated funds.

Venture Capital 295

Venture Capital Startup Class Invest 295

socalTECH

JULY 14, 2021

Los Angeles-based Endgame, a developer of software that links user behavior with sales opportunities, has raised $17M in funding, according to the company. The funding was split between a $12.25M, Series A funding round led by Menlo Ventures, and an earlier $5M Series Seed funding which was led by Upfront Ventures.

Sales 124

Sales Software Seed Funding Los Angeles 124

Both Sides of the Table

MAY 14, 2018

I Know Everybody Told You to Send Your Fund-Raising Decks as a Link. Here’s Why You Should Just Send the Deck I know you have your document sending tool to send your fund-raising deck to VCs and track who read your deck, which pages they read and how much time they spend on each page. What should not be in your deck?

Funding 239

Funding Venture Capital IP Email 239

socalTECH

NOVEMBER 17, 2017

Santa Monica-based Tray , a developer of Android-based, point-of-sale (POS) terminal software, has raised a round of funding, according to lead investor Bonfire Ventures. Financial details of the investment were not disclosed.

Sales 113

Sales Software Santa Monica Funding 113

socalTECH

NOVEMBER 5, 2018

Los Angeles-based RingDNA , which develops analytics software used for understanding the sales process and sales conversations, said last week that it raised $30M in a growth capital funding. The funding was led by Goldman Sachs Growth Equity (GS Growth), and also included Palisades Growth Capital and Bryant Stibel.

Sales 140

Sales Artificial Inteligence Equity Web 140

Both Sides of the Table

MAY 19, 2018

the most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. Let me start out with my premise: “Data rooms are where fund-raising processes go to die.” I have to back up and give you more context.

Funding 336

Funding Venture Capital Startup Email 336

Both Sides of the Table

MAY 6, 2018

Fund raising. But it’s critical for your business, for you as a leader and people who excel at fund raising have an extreme advantage over those who do not. As a VC I also have to fund raise every three years and these posts 100% apply to VCs raising money, too. Below is the outline Upfront.

Funding 236

Funding Venture Capital Startup Entrepreneur 236

Both Sides of the Table

APRIL 28, 2010

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. I keep meaning to get him drunk to spill the stories.

Venture Capital 270

Venture Capital Capital Rustic Canyon Mobile 270

Both Sides of the Table

JANUARY 3, 2016

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.

Venture Capital 150

Venture Capital Platform Startup Resource 150

Both Sides of the Table

AUGUST 8, 2009

This is part of my ongoing series “Pitching a VC&# – the outline is here. You’ve pitched several angels and VC’s. Your friends and advisers tell you that this means you need revenue because in this economy VC’s will only fund businesses with revenue. Unfortunately your advisers are wrong.

Venture Capital 309

Venture Capital Guide Startup Technical Review 309

socalTECH

JUNE 8, 2021

San Diego-based Emerged, a new startup which provides qualified leads to healthcare organizations, says it has raised a seed round of funding. The funding came from Round One Capital. According to Emerged, Jay Love, the co-founder of Round One Capital, will join its board of directors.

Seed Funding 113

Seed Funding Funding San Diego Sales 113

Both Sides of the Table

JUNE 22, 2021

You can listen to the entire conversation above or via this link , but I also wanted to highlight one topic we discussed that I feel strongly about, which is how I think enterprise sales and venture fundraising are basically the same muscle. Research everyone who has raised a comparably-sized fund and find out who backed them?—?that’s

Sales 375

Sales Startup Invest Funding 375

socalTECH

SEPTEMBER 21, 2017

Santa Monica-based Tuition.io , which helps employers offer up student loan repayment assistance as part of their employee benefits, has raised $7M in a Series B funding round, the company said today.

Funding 133

Funding Santa Monica Venture Capital Sales 133

Both Sides of the Table

OCTOBER 19, 2009

After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. I had previously raised VC in 1999, 2000, 2001 and 2005. In case VC’s haven’t figured this out yet, shit rolls downhill. My blog was wiped out. Tempus Fugit.

Venture Capital 274

Venture Capital Blogging Startup Slides 274

socalTECH

NOVEMBER 27, 2017

LeafLink , a startup that develops e-commerce software for the cannabis dispensary market, has expanded its operations into Los Angeles ahead of the sales of recreational marijuana in January, with a $10M funding. LeafLink's software helps cannabis dispensaries with branding, marketing, and e-commerce sales. READ MORE>>.

Funding 113

Funding Commerce Venture Capital Sales 113

InfoChachkie

MAY 22, 2012

The steps outlined below represent an ideal approach to raising capital from sophisticated investors. You might be at Step 2 with one VC and Step 3 with another. VCs collude all the time, it is only fair that entrepreneurs compare notes every now and again as well.”. Even the most jaded VC cannot resist authentic flattery.

Venture Capital 236

Venture Capital Capital Research Customer 236

Both Sides of the Table

JULY 16, 2010

Lots of discussion these days about the changes in the VC industry. The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Both Sides of the Table

JANUARY 13, 2011

I recently filmed a show for This Week in Venture Capital in which I talked about how to prepare for a VC meeting: whom you’ll meet, who should attend from your side, what materials you should bring and how you should run the meeting. I funded them 8 weeks later. The “Triple Play&# of VC Presentations.

Venture Capital 299

Venture Capital Slides Technical Advisors Startup 299

Both Sides of the Table

MAY 24, 2021

It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. The abundance of late-stage capital is good for us all. My first ever investment as a VC was Invoca. Entrada Ventures? —?that

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

NOVEMBER 20, 2013

The new funding came from Subtraction Capital, FF Angel, 500 Startups, and other investors. Jackson--said the funding is an expansion on its Series A funding it announced in the first quarter of the year. That funding was worth $3M. The startup--which is led by PayPal veteran Erik M. READ MORE>>.

Software Review 235

Software Review Funding Draper SaaS 235

Both Sides of the Table

SEPTEMBER 8, 2010

My primary role was “chief psychologist&# and as I’ve learned over the past few years the same has been true as a VC. Once you’ve been around for a few years, attracted some great people, landed real, paying customers and raised venture capital you’ve likely got a talented team around you.

Venture Capital 319

Venture Capital Startup Sales Customer 319

socalTECH

JULY 7, 2020

San Diego-based MemComputing , a developer of high performance computing technology, has raised a round of funding, the company said on Tuesday, from two investors. According to MemComputing, the funding came from Revolution's Rise of the Rest Seed Fund, along with IT-Farm. READ MORE>>.

Funding 113

Funding Seed Funding San Diego Sales 113

Both Sides of the Table

MARCH 6, 2010

One of the questions I’m most often asked is, “what’s it like being a VC?&# I’ve been a VC for nearly 3 years now. I always start my answer to this question with, “you’d have to be a pretty big baby to complain about being a VC.&# And the VC job has plenty of admin and minutiae.

Venture Capital 312

Venture Capital Technical Review Startup Entrepreneur 312

Both Sides of the Table

OCTOBER 1, 2009

In my previous post, The VC Ice Age is Thawing (for now) I wrote about the reasons why the VC market came to a screeching halt in September 2008 and remained largely shut until at least April 2009. There are now signs the VC market has gathered pace meaning it’s a great time to be fund raising.

Venture Capital 255

Venture Capital Marketing Startup Social Network 255

socalTECH

SEPTEMBER 25, 2018

Irvine-based Cirrus Insight , a developer of software used to help sales people with managing their email inbox and calendar, has received what it says is a "significant" growth equity investment. The funding came from private equity investor Clovis Point Capital. Size of the funding was not announced. READ MORE>>.

Funding 113

Funding Email Equity Sales 113

Startup Professionals Musings

APRIL 24, 2013

But I continue to learn that there are a host of other factors, maybe not even related to you or your business, that could keep you from getting the funding that you need. Obviously, a key factor is always the state of the economy and the mood of the venture capital community. Whites and Asians lead the race.

Venture Capital 95

Venture Capital Capital Startup Funding 95

socalTECH

MAY 25, 2018

BlueCart said this week that it raised $5M in its Series B-1 funding, bringing its total raised to $22M. Dana Settle, the LA-based co-founder and Managing Partner of Greycroft, has joined BlueCart's board as an observer, with fellow Greycroft venture capitalist Bo Peabody joining BlueCart's board.

Artificial Inteligence 189

Artificial Inteligence Funding Sales Los Angeles 189

socalTECH

APRIL 25, 2013

Los Angeles-based EV Connect , a new startup which helps install, manage, and integrate electric vehicle charging stations for the commercial and government market, announced an initial round of funding this morning. Size of that funding was not disclosed. evconnect connect funding venture capital electric vehicle cleantech energy'

Tech Coast Angels 180

Tech Coast Angels Keiretsu Funding Venture Capital 180

socalTECH

MAY 29, 2020

Newport Beach-based WorkSpace , a developer of software used by commercial real estate teams to manage their operations, has received funding from ASG , a backer of software-as-a-service companies. Size and terms of the investment were not announced. WorkSpace was founded by Alan Bedekar. WorkSpace was founded by Alan Bedekar. READ MORE>>.

ASP 113

ASP Funding Sales Software 113

socalTECH

APRIL 23, 2015

San Juan Capistrano-based PingThings , a developer of predictive intelligence software for the electric utility industry, has scored a round of funding. The funding came from GE Ventures and Frost Data Capital. Size of the funding was not announced. utilities, plus an expansion of its sales team.

Funding 100

Funding Incubator Venture Capital Software 100

socalTECH

JUNE 17, 2013

Fullscreen , the online entertainment video site headed by George Strompolos, announced this morning that it has raised a round of Series A funding. Size of the funding was not announced. The round came from The Chernin Group along with Comcast Ventures and WPP. Strompolos helped co-create the YouTube Partner Program.

Networking 174

Networking Funding Entertainment Hollywood 174