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Tray Finds Funding For Point-of-Sale Software

socalTECH

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. Kellis previously worked at EMC, RSA Security, VERITAS, VivaKi, Marketshare Partners, and Google.

Sales 113
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6 Signals That Your Startup Could Be The Next Google

Startup Professionals Musings

Image by Origa via Wikipedia I tell entrepreneurs that Google was an “exception” to all the investment and startup rules, but I’ve always wondered what it takes to be an exception. Google developed the most profitable form of advertising anyone had ever seen, ads selected real-time based on search terms. It didn’t disappoint me.

Google 98
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Upfront Ventures Adds Hamet Watt as New Investment Partner

Both Sides of the Table

But as sweet as that success has been (we invested pre-revenue in a small team) today my even more important news was the further expansion of our partner ranks. They did development in SF and had the ad sales team in NY. This is a big news day at Upfront Ventures. I’ve known Hamet for 5 years. The idea immediately resonated.

Invest 340
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Angel Investing – The Most Underrated Skill: Access to Buyers

Both Sides of the Table

He’s bound to be able to help a company or two at the time of a sale. Imagine the positions of Sequoia (Google, Zynga, YouTube), Kleiner Perkins (Google), Accel (Facebook), Union Square Ventures (Zynga, Twitter) and so on. 60 deals, 16 already acquired (by Google, Twitter, eTrade, Intuit, Microsoft).

Invest 280
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4 Key Components Of Every New Business Financial Plan

Startup Professionals Musings

There is no black magic involved in predicting the future, if you use these four simple steps, with my basic rules of thumb to keep you on the right track: Determine your margin on sales. Forecast sales-volume expectations. Forecast sales-volume expectations. Calculate investment amounts and timing.

Startup 116
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Advertising Wants to be Measurable – An Investment Thesis

Both Sides of the Table

One of the investment themes I’ve been focused on in the past 3 years has been Performance-Based Marketing. When I started investing the US advertising market was $300 billion with only 10% of it ($30 billion) of it being online and measurable. But of course Google eventually became the massive winner in this category.

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

They have marked-up paper gains propped up by an over excited venture capital market that has validated their investments. Logic tells me the following: It is hard to make money angel investing. Too many angel deals just means more to watch and invest in for the ones that do succeed (if the VCs can get in at reasonable prices).

Invest 299