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On Funding?—?Shots on Goal

Both Sides of the Table

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.” You need shots on goal as not every one will go in the back of the net. Many angels I know have signed over more than their comfort level in just 12 months and then feel stuck.

Funding 294
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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 If a dispute cannot be self-resolved, parties then graduate to a dispute resolution marketplace of third party vendors,” Wan writes. Thus, we are dispute process agnostic.”

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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
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How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The company’s stock tanked by more than 26 percent, representing a $230 billion reduction in market cap and a $31 billion drop in Zuckerberg’s personal net worth. I’ve been writing quite a bit about crypto lately, and this week I dug into a particularly interesting facet of the industry called DAOs.

Marketing 246
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5 Tips For New Entrepreneurs Needing Investor Funding

Startup Professionals Musings

Net out the problem and your solution in the first 30 seconds. Disciplining yourself to write down the plan is actually the best way to make sure you actually understand it yourself. Successful startups are all about the right people with the right stuff. Executive summary glossy. Pitch your company, not your product.

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What’s the Real Deal with AngelList?

Both Sides of the Table

This is a blog post I really didn’t want to write. I didn’t want to write it because I have mixed feelings about AngelList. I didn’t want to write it because the bloggosphere doesn’t always do nuance well. So why I am writing it then? What about “angel&# investors? A few reasons.

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What is the Definition of a Seed Round or an A Round?

Both Sides of the Table

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.). So VCs started writing some smaller A-rounds. .” Here’s how all the drama started for me. Why the latter?