Berkonomics

AUGUST 3, 2023

Certainly, bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. Professional angels: This is the arena where I work and play. There is a lot to say about retaining control.

Venture Capital 295

Venture Capital Startup Class Invest 295

SoCal Tech Calendar

JULY 19, 2019

Thursday, July 25, 2019 -- Pitch to and Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. View products, videos, online demos. DEAL DISPLAYtm showcases growing firms needing capital and counsel. Hot Networking Breakfast at 7:00am sharp! See [link] (more)

Capital 100

Capital Conference .Net Networking 100

SoCal Tech Calendar

JANUARY 25, 2019

Pitch to and Network with Investors: Angels,VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. View products, videos, online demos. Thursday, January 31, 2019 -- Growth Capital Conference. DEAL DISPLAYtm showcases growing firms needing capital. See [link].

Conference 100

Conference Capital .Net Networking 100

Startup Professionals Musings

OCTOBER 8, 2023

But many have no insight or connections to the ethereal angel investment community, which In the U.S. In fact, there are a few key sites to help you find angels, including AngelList and Gust , but these don’t tell you very much about how angels work, and how to find the right ones for your startup.

Venture Capital 106

Venture Capital Angel Seed Funding Invest 106

Both Sides of the Table

SEPTEMBER 28, 2014

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

Startup Company Companies .Net 383

SoCal Tech Calendar

OCTOBER 19, 2018

Network with Investors: Angels, VCs, High Net Worths, Strategic Partners and 100 entrepreneurs seeking capital and counsel. View products, videos, online demos. Thursday, October 25, 2018 -- Growth Capital Conference. DEAL DISPLAYtm showcases growing firms needing capital. Hot Networking Breakfast at 7:00am sharp!

Conference 100

Conference Capital .Net Networking 100

socalTECH

NOVEMBER 21, 2019

In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion.

Southern California 133

Southern California Commerce Acquisition .Net 133

TechCrunch LA

JULY 22, 2020

It’s a strategy that has now netted the company $33 million in financing led by the Silicon Valley-based investment firm Altos Ventures and New York’s Left Lane Capital. Hyde Park Angels, Fika Ventures, FJ Labs and Silicon Valley Bank also participated in the round. “We only succeed if they do.”.

Services 187

Services Los Angeles .Net Mobile 187

socalTECH

OCTOBER 20, 2016

headquarters in Los Angeles in January, says it has deployed its products in Vermont, as part of an affordable housing development there. Sonnen said its products were used in fourteen, customized net-zero modular homes constructed by VERMOD, which combine solar power with the sonnenBatterie home battery system.

.Net 100

.Net Los Angeles Mobile Customer 100

socalTECH

FEBRUARY 26, 2019

Los Angeles-based Phyn , which develops "smart home" technology to both monitor water usage and also help prevent major water damage, has inked a deal with an insurance company to offer up its technology to consumers. PURE Insurance provides its insurance to high net worth individuals and families. READ MORE>>.

Artificial Inteligence 145

Artificial Inteligence Belkin Technical Review .Net 145

Startup Professionals Musings

FEBRUARY 16, 2015

But many have no insight or connections to the ethereal angel investment community, which actually funds more startups then all other venture sources combined (over $25 billion annually). Here are eight key insights that will help you find a productive match: Angels want equity ownership, not causes.

Angel 106

Angel Startup Venture Capital Seed Funding 106

socalTECH

JULY 3, 2018

Los Angeles-based Funraise , the Los Angeles startup which develops customer relationship management (CRM) and other technology for nonprofits, says it has created a new, $600,000 fund to provide grants to nonprofits. Application for its first round of grants are due by July 31st. Funraise is led by CEO Justin Wheeler.

Funding 113

Funding Southern California Technical Review .Net 113

socalTECH

JUNE 14, 2017

Pasadena-based Episona has raised $4M in seed funding, to go towards expansion of its male fertility testing product, Seed, the company said last week. According to Episona, the funding came from the Pasadena Angeles, as well as other high-net worth individuals from Pasadena and San Francisco.

Pasadena 133

Pasadena Pasadena Angels Seed Funding .Net 133

socalTECH

MARCH 13, 2018

Los Angeles-based advertising exchange and technology developer OpenX said on Tuesday that its net revenues rose to $172M in 2017, as it saw 20 percent growth in its revenues for the fourth quarter. The company said it invested over $50M in R&D efforts towards its technology an product in 2017. READ MORE>>.

OpenX 124

OpenX .Net Advertising Los Angeles 124

TechCrunch LA

JULY 24, 2019

Postmates’ cooler-inspired autonomous delivery robot, which will roll out commercially in Los Angeles later this year, will rely on lidar sensors from Ouster, a burgeoning two-year-old startup that recently raised $60 million in equity and debt funding.

Los Angeles 216

Los Angeles .Net Customer Custom 216

TechCrunch LA

OCTOBER 5, 2020

GrubMarket , which provides a B2C platform for consumers to order produce and other food and home items for delivery, and a B2B service where it supplies grocery stores, meal-kit companies and other food tech startups with products that they resell, is today announcing that it has raised $60 million in a Series D round of funding.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Process myth: Why building a product leads to failure. In my view, savvy “super angel” investors such as Mike Maples, Jr. ,

Technical Review 143

Technical Review Customer Custom Entrepreneur 143

Berkonomics

SEPTEMBER 7, 2017

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. In future weeks, we will dissect this $3 million-dollar phenomenon separately.

.Net 243

.Net Los Angeles Content Email 243

socalTECH

APRIL 8, 2013

Los Angeles-based digital advertising technology developer OpenX has launched a new service today, which it says will combine content optimization and ad monetization for publishers. Pricing on the new product was not announced. The new product comes thanks to the acquisition last fall of JumpTime. READ MORE>>.

OpenX 159

OpenX Content Services Advertising 159

socalTECH

OCTOBER 16, 2012

Irvine-based HireRight has launched a new outplacement service and "career transition" product, which is powered by Los Angeles-based CareerArc Group, the developer of TweetMyJobs and Internships.com. Details of the business deal between HireRight and CareerArc Group were not announced. READ MORE>>.

Services 153

Services Social Network .Net Los Angeles 153

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. 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 243

Venture Capital Product Resource Marketing 243

Startup Professionals Musings

FEBRUARY 13, 2011

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. The challenge is to find the right angel for your, and for your situation. Angel investors are people too. Or does it? Keiretsu Forum.

Angel 102

Angel Keiretsu Organization Template 102

Berkonomics

JUNE 8, 2017

Certainly, bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. Professional angels: This is the arena where I work and play. There is a lot to say about retaining control.

Venture Capital 266

Venture Capital Class Invest Equity 266

socalTECH

MAY 2, 2012

Amazon said it will option one new project a month--worth $10,000--and will pay $55,000 plus 5 percent of Amazon's net receipts from toy and t-shirt licensing, as well as other royalties to any proposal it decides to make into a full-budget series. Amazon Studios launched in November of 2010. READ MORE>>.

Southern California 154

Southern California Content .Net Los Angeles 154

Startup Professionals Musings

DECEMBER 9, 2019

With the advent and popularity of crowdfunding platforms, including Kickstarter and IndieGoGo , as a winning alternative for funding your new venture, I find that many aspiring entrepreneurs are confused about the need to ever seek a professional angel investor. In the real world, most angels are regular business people like you and me.

Funding 119

Funding Startup Platform Examples 119

socalTECH

DECEMBER 26, 2016

There are a bunch of great companies and innovative technologies in this space, but if I had to pick one I'd definitely pick Tesla, given their software-based approach to the automotive industry overall, and also their innovations in solar energy production, storage, and distribution. READ MORE>>.

Southern California 145

Southern California .Net Venture Capital Class 145

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Process myth: Why building a product leads to failure. Money myth: Why having too much money leads to failure.

Startup 98

Startup Technical Review Customer Custom 98

Startup Professionals Musings

JULY 9, 2021

Net out the problem and your solution in the first 30 seconds. Pitch your company, not your product. You need it for communicating to your team, finding strategic partners, or soliciting investor funding from friends and family, angel investors, VCs, and crowd funding. Executive summary glossy. Written business plan.

Entrepreneur 156

Entrepreneur Tips Funding Startup 156

Tech Zulu Event

SEPTEMBER 19, 2012

In a collaborative effort, Ria Consulting, LLC and Los Angeles Net Developers Group are hosting this event on November 10th, 2012 at the Long Beach Convention Center in Long Beach, California. Jason Beres , VP of Product Management, Community, and Developer Evangeleism art eh VP of Product Management, Community and Evangelism.

JavaScript 93

JavaScript Long Beach Java .Net 93

socalTECH

JULY 31, 2009

Los Angeles-based Stamps.com reported its results Thursday, saying that the firm had net income of $1.0M The company saw a steep drop in its revenues from its personalized photo product, PhotoStamps, which was down 31% to $2.0M on revenues of nearly $20.2M in Q2, essentially flat year to year compared with $1.3M in sales.

.Net 100

.Net Sales Los Angeles Report 100

Startup Professionals Musings

FEBRUARY 10, 2010

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. One of the most common questions I get is “How do I find angel investors?” Here are three of the largest flocks: Angel Capital Association (ACA).

Angel 48

Angel Keiretsu Startup Template 48

Startup Professionals Musings

MAY 21, 2023

Apply to local angel investor groups. Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. They typically look for big opportunities, needing a couple of million dollars or more, with a proven team.

Startup 106

Startup Capital Equity Funding 106

Both Sides of the Table

DECEMBER 27, 2011

They have have raised $2-3 million, built a product that has some amount of market traction and got to annualized revenues of around $1 million. Gross Profit (also called Gross Margin or sometimes “Net Revenue”). Is it one product line or multiple? If you don’t, somebody else WILL!” ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

APRIL 25, 2011

There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. They have created two internal technology “products&# and wanted to figure out how they could turn their services business into a product business that could be financed. This team is talented.

Services 332

Services Venture Capital IP Startup 332

Both Sides of the Table

OCTOBER 7, 2014

There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). If you have raised $2-4 million from a bunch of high-net-worth individuals I simply don’t see it as an A-round.

Seed Funding 399

Seed Funding Venture Capital Startup Entrepreneur 399

Startup Professionals Musings

AUGUST 29, 2020

Apply to local angel investor groups. Most metropolitan areas have groups of local high-net-worth individuals interested in supporting startups, and willing to syndicate amounts up to a million dollars for qualified startups. They typically look for big opportunities, needing a couple of million dollars or more, with a proven team.

Funding 174

Funding Startup Equity Examples 174

socalTECH

MAY 30, 2012

If you're a startup business owner, how do you get to the next step, and build your first product? That's the idea behind a new startup, Fundable , headed by serial entrepreneur Wil Schroter , which allows you to use rewards -- product, company schwag, an even equity -- as a tool to get your startup to the next stage.

Startup 223

Startup Equity Venture Capital Ideas 223