article thumbnail

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

Both Sides of the Table

” It’s the most common refrain I hear from investors and even entrepreneurs these days. ” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating.

article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Let Me Count The Ways Entrepreneurs Fund Startups

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Startup 113
article thumbnail

Should Entrepreneurs Grow Revenue Or User Count?

Startup Professionals Musings

Most modern investors still look for a business model that embodies a gross margin over 50 percent and a net margin in the 20 percent range. Martin Zwilling First published on Entrepreneur.com on 8/1/2014. entrepreneur revenue startup user count' Long-term stability requires revenue growth and profit.

article thumbnail

Pledgeling's James Citron: Every Business Should Be A Social Enterprise

socalTECH

For this morning's interview, with caught up with serial entrepreneur James Citron , the founder of Pledgeling (www.pledgeling.com), a startup which enables any business to help connect their business with social causes. As a serial entrepreneur, oftentimes I wasn't around. What is Pledgeling? A few things happened to me personally.

article thumbnail

Angel Investors Are Still The Lifeblood Of Startups

Startup Professionals Musings

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). billion collected in 2014. Angel groups fear the loss of members for the same reason.

Startup 106
article thumbnail

Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

We also promoted Jordan Hudson to principal in 2014 and have encouraged him to begin looking at deals. As I like to say when asked, “For entrepreneurs you generally need to go to 2-3 cities max and probably pitch 5-15 investors. Family Offices (of high-net-worth individuals or families). Was it hard to raise the fund?