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Is Venture Capital A Path To Riches?

InfoChachkie

In 2012 I sold a modest business that I co-founded for $2 million and split the proceeds evenly with my business partner. Note: 20% carry is fairly standard, although a handful of firms demand a slightly higher percentage. There’s no question that many VCs (especially those who manage large funds), are underworked and overpaid.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

They feel very confident they can hit $18 – 20 million in 2012. It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. You end up needing to add staff and take on more risk without knowing what your future demand will be. That is $12 million in profits over 3 years.

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CallFire Bootstraps 50,000 Signups and Hires Former NetZero CEO

Tech Zulu Event

In particular, CallFire has answered unusually strong demand coming from political campaigns, the insurance sector and emergency notification. CallFire technology is already playing a prominent role in 2012 political races across the spectrum.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

He built & IPOd Demand Media. Around $400 billion of imports & exports pass through the LA ports each year, which set the national high-water mark in 2012. But our best Internet software engineers have historically been exported on a net basis to the Bay Area. He built & sold iMall in Internet 1.0 ”).

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

October 5, 2012. In Santa Monica, the median price of homes jumped 16% in the first eight months of 2012 compared with 2011, after a 9% decline over the same period the year before, according to Multiple Listing Service data compiled by Paul Habibi, a professor at the University of California, Los Angeles. VENICE RISING. County: 0.9%.