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Why You Should Think Twice Before You Send That Intro Email

Both Sides of the Table

They are your route to angel money. And in most cases I would heed Fred Wilson’s advice about the “double opt-in” email for intros – where you ask for permission before green-lighting an unsolicited introductions. People need access to angels and VCs. Your entrée to sales meetings. Helping Access Money.

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Your fork in the road? Depending upon others.

Berkonomics

And I found from experience – after investing in many other entrepreneurial businesses over the years – that this stage typically occurs first at about twenty employees or $3 million in net revenues (or gross profit) for most any kind of company. Email readers, continue here…] My story of “that rock” in one paragraph.

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Need money? Read this!

Berkonomics

Friends, family and fools: [Email readers, continue here…] This term, although pejorative, describes the typical mix of early investors in a small, young growing business. Professional angels: This is the arena where I work and play. Do not expect grand valuations of your enterprise from these professional angels.

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A heartbreaking story about time and money.

Berkonomics

Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. The financial pain of unplanned delays. Growth before the VC arrived was not a problem.

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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25 24 hrs) and users receive a text/email notification regarding the execution,” Wan wrote to me an email. Co-founded by a longtime lawyer, Amy Wan, whose experience runs the gamut from the U.S.

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j2 Global Has $200M Quarter

socalTECH

Los Angeles-based j2 Global , which owns a wide range of cloud-based businesses, ranging from Internet fax, to email, to online backup and unified communications services--in addition to owning online publishing businesses such as Ziff Davis, IGN, and AskMen--has just passed up the $200M mark in quarterly revenues. READ MORE>>.

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An economics lesson for growing companies

Berkonomics

Venture or angel-financed companies with plenty of working capital sometimes are immune to this working capital need for some time into their growth, but at some point, it will become clear that the cheapest form of finance is not equity in a growing enterprise. It may not be equity. Ironically, the term is “compensating balances”.

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