Berkonomics

JUNE 8, 2017

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). Strategic investors validate a business, by their presence creating the very value they pay for with increased price per share purchased.

Venture Capital 266

Venture Capital Class Invest Equity 266

Both Sides of the Table

JUNE 27, 2021

When you first start your career as an investor (or when you first start writing angel checks) your main obsession is “getting into great deals.” the sale of the company for $1 billion. You need shots on goal as not every one will go in the back of the net. That’s return, not exit price of the company.

Funding 294

Funding Startup Writing Invest 294

Both Sides of the Table

DECEMBER 27, 2011

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418

Startup Venture Capital Sales Technical Review 418

Berkonomics

AUGUST 10, 2017

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. 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.

Venture Capital 243

Venture Capital Product Resource Marketing 243

socalTECH

MAY 30, 2019

Our interview this morning is with Robin Richards , the CEO of Los Angeles-based CareerArc (www.careerarc.com). com, and Vivendi Universal Net USA, where he was also CEO. Richards also has been an active angel investor in local startups. You've had prior success, and you've been an angel investors in companies here.

Content 193

Content Social Network Coach Help 193

Both Sides of the Table

JUNE 17, 2017

The most obvious way to explain this is with sales people. If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. COGS” represents the amount that each sale costs you.

Startup 227

Startup Venture Capital Sales Course 227

Berkonomics

JANUARY 20, 2010

Some businesses require very little capital and the founder is able to self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you who fit that description, nice work. There is a lot to say about retaining control.

Venture Capital 174

Venture Capital Invest Class Entrepreneur 174

Both Sides of the Table

APRIL 25, 2011

It would not be a big stretch to image a well run service business like this making 15-25% net profit margins. I could go on-and-on with all of the sales-blocking messages you will hear when you try to charge for a product. That is $12 million in profits over 3 years. Who are your competitors – how much do they charge?&#.

Services 332

Services Venture Capital IP Startup 332

socalTECH

DECEMBER 12, 2014

One Los Angeles company-- OneStop Internet (www.onestop.com) has created a growing business handling exactly that. The way we get compensated, is we receive a percent of net sales that flow through the website. There''s a lot of issues there around pricing and controlling MAP for their resellers.

Commerce 203

Commerce Venture Capital Internet Brands Startup 203

Both Sides of the Table

JULY 16, 2010

LP’s who invest in funds are typically university endowments, public & private pension funds, insurance companies, large corporations and very high net worth individuals called “family offices.&# To give you an indication of how bad, for example, university endowments are suffering check out this chart. That’s OK.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Tech Zulu Event

FEBRUARY 8, 2013

O’Neil said, “ScoreBig.com is the only business that offers consumers deep savings on tickets in a way that protects the brand of the property and the integrity of full-price sales.” ScoreBig.com , headquartered in Los Angeles, Calif., Problem Solved. is backed by Bain Capital and U.S.

Ticketmaster 65

Ticketmaster Entertainment Pricing Class 65

socalTECH

MARCH 3, 2011

The firm is based in Los Angeles and Seattle. David Aronchick: When we first got started, although we had a number of connection through Fouad, I worked with my network in Los Angeles, and my network in Seattle, and we landed an angel investment split between both those Los Angeles and Seattle investors.

Redpoint 201

Redpoint Startup Content .Net 201

Berkonomics

MARCH 30, 2010

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Venture Capital 212

Venture Capital Product Resource Marketing 212

socalTECH

JUNE 25, 2009

Los Angeles-based XCast Labs (www.xcastlabs.com) announced earlier this month that it has raised a $2.7M round of funding from the Pasadena Angels and Frontera Capital for a voice-over-IP service, and we thought we'd talk with Cliff Rees, the firm's CEO, to understand how the firm is different from those many providers.

IP 165

IP Pasadena Angels Pasadena Los Angeles 165

socalTECH

OCTOBER 7, 2009

The firm is co-founded by Jake Steinfeld, of Body by Jake, and ExerciseTV, and has received investment from prolific angel investor Ron Conway and Polar Capital, the investment firm of former Google President Tim Armstrong. Nick Desai: With FitOrbit, there's an extremely high value, at a low cost price. Thanks for talking with us.

Media 168

Media Pricing Sites Training 168

Startup Professionals Musings

APRIL 14, 2014

Anyone can be an entrepreneur today, without a huge investment, bank loans, lawyers, venture capitalists, or Angels. Now the price is closer to $100 if you are willing to do the work yourself. A simple example might be a mortgage calculator to add to your real estate sales site. The cost of entry has never been lower.

Startup 100

Startup Commerce Sites Blogging 100

Startup Professionals Musings

NOVEMBER 18, 2011

Anyone can be an entrepreneur today, without a huge investment, bank loans, venture capitalists, or Angels. Now the price is closer to $100, if you are willing to do the work yourself. A simple example might be mortgage calculator to add to your real estate sales site. The cost of entry has never been lower.

Commerce 99

Commerce Startup Sites Tool 99

Startup Professionals Musings

JANUARY 10, 2013

Anyone can be an entrepreneur today, without a huge investment, bank loans, venture capitalists, or Angels. Now the price is closer to $100, if you are willing to do the work yourself. A simple example might be mortgage calculator to add to your real estate sales site. The cost of entry has never been lower.

Sites 78

Sites Commerce Startup Tool 78

SoCal Delicious

OCTOBER 8, 2012

SIGNIFICANCE PASSING-MENTION. --> Tech Titans Hit the Beach As Silicon Valley moguls go on a home-buying spree in Los Angeles, theyre reshaping the real-estate landscape. Tech entrepreneurs and executives from Silicon Valley are moving south and buying up luxury homes in the Los Angeles area. PERSON David Sacks PERSON|David Sacks.

Los Angeles 44

Los Angeles Software Review Technical Review Journal 44

Startup Professionals Musings

SEPTEMBER 16, 2010

Anyone can be an entrepreneur today, without a huge investment, bank loans, venture capitalists, or angels. Now the price is closer to $100, if you are willing to do the work yourself. A simple example might be mortgage calculator to add to your real estate sales site. The cost of entry has never been lower.

Commerce 88

Commerce Startup Sites Tool 88

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. Our goal is to produce a $10 billion+ winner and remain the market leader in this SaaS category of AI in Sales & Marketing.

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

FEBRUARY 27, 2009

There was a disconnect between the product and the sales process. The way to success in today's marketplace comes from bootstrapping your startup, and keeping your costs to an absolute minimum, and to take the time to build out a product which is clearly differentiated in features and price while the market catches up.

Startup 100

Startup Software Review Technical Review Software 100

socalTECH

DECEMBER 9, 2008

Los Angeles is rapidly gaining a reputation as being the center of the Internet advertising world, for good reason, with a large number of online advertising firms located within and around Los Angeles. Publishers run with Hydra because we've eliminated the risk and so forth in pricing.

Advertising 100

Advertising Beverly Hills Networking Customer 100

socalTECH

DECEMBER 9, 2008

Los Angeles is rapidly gaining a reputation as being the center of the Internet advertising world, for good reason, with a large number of online advertising firms located within and around Los Angeles. Publishers run with Hydra because we've eliminated the risk and so forth in pricing.

Advertising 100

Advertising Beverly Hills Networking Customer 100