socalTECH

FEBRUARY 26, 2019

The company now trades on the Nasdaq as SLGG. Super League Gaming's IPO was underwritten by Northland Capital Markets, Lake Street, and National Securities Corporation. The company reported in its S-1 that it had a net loss of $20.62M for the year ended December 31, 2018, on sales of $1.04M.

Santa Monica 113

Santa Monica .Net Report Sales 113

InfoChachkie

DECEMBER 7, 2015

I was very appreciative of this windfall, as the company was essentially a lifestyle business that my co-founder and I never expected to sell. As shown in the following chart, for me to gross the same amount as a venture capitalist, one of our portfolio companies would have to exit for a massively larger amount. Share and Enjoy.

Venture Capital 100

Venture Capital Capital .Net Entrepreneur 100

Berkonomics

SEPTEMBER 8, 2022

Research is paramount, and sources are everywhere, especially for public companies and large investment firms. You can list companies you know, have contacts within, or that fit your industry segment. What would the candidate want from your company in a transaction?” The net result of this exercise. Think carefully.

Outsource Development 156

Outsource Development Paramount Outsource Research 156

TechCrunch LA

OCTOBER 5, 2020

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Berkonomics

SEPTEMBER 27, 2018

Almost anyone who has sold a company has a story to tell about their good deal, the problems with the buyer, a last-minute change of terms, or more. I’ve been offered $15 million for my company and my partner is suing me for all I am worth. How the industry was growing around the company. The year was 1998. What can I do?”.

Sales 120

Sales Web Design Web Design 120

socalTECH

JULY 27, 2015

The company says it has filed to trade as VZIO, but has yet to select an exchange. The IPO is being underwritten by BofA Merrill Lynch, Deutsche Bank Securities, Citigroup, BMO Capital Markets, Piper Jaffray, Wells Fargo Securities, and Roth Capital Partners. Vizio reported net income of $44.9M in a public offering.

.Net 100

.Net Report Sales Capital 100

InfoChachkie

JULY 28, 2015

My House Is Not For Sale. However, in many cases, acquiring companies behave less rationally than Mr. Jackson. Citrix politely approached us, told us they had an interest in acquiring our company and then asked us, “How much?”. Our response was that there was no “price” as our company was not for sale.

Company 100

Company Companies Santa Barbara Pricing 100

TechCrunch LA

DECEMBER 8, 2020

The funding is being led by QED Investors; Founders Fund, Susa Ventures, Navitas Capital, and Prudence Holdings also participated. That also speaks to the vast and interesting quantity of data that the startup is amassing on home sales, and how it can use that to power its platform in the future. million Series A also led by QED.

Sales 282

Sales Demand San Diego Funding 282

socalTECH

MARCH 19, 2010

The firm said it will receive net proceeds of approximately $14.12M after undewriting discounts and commissions. The offering was managed by Needham & Company and Roth Capital Partners LLC. Netlist said the additional capital will be used for marketing, research and development, working capital, and other corporate purposes.

Sales 140

Sales .Net Research Capital 140

Berkonomics

JUNE 8, 2017

The subject of raising money is critical to many businesses and a passing option to others, depending upon the capital efficiency of the enterprise. You will realize much more from the ultimate sale of your business even if at a considerably lower price than if splitting the proceeds with investors.

Venture Capital 266

Venture Capital Class Invest Equity 266

Both Sides of the Table

JUNE 19, 2017

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

Startup 212

Startup Venture Capital .Net Capital 212

Startup Professionals Musings

DECEMBER 2, 2022

There are dozens of sources to help you construct your business model, and a good example is a classic book by venture capital investor Elizabeth Edwards, simply named “ Startup ,” which is really designed as a handbook for launching a company for less. Sales/Marketing. Be specific on sales channels and marketing initiatives.

Sales 102

Sales Custom Customer Outsource 102

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. Are you looking to potentially sell the company in the next year or two?

Startup 418

Startup Venture Capital Sales Technical Review 418

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. The abundance of late-stage capital is good for us all. Goliath” mythology take on the titans of industry and wins.

Venture Capital 363

Venture Capital Capital Funding Startup 363

Both Sides of the Table

JUNE 27, 2021

What we discuss internally and what I discuss with my LPs is outlined as follows: We back 36–38 Series Seed / Series A companies per fund (we have a separate Growth Fund) Our median first check is $3.5 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.

Funding 294

Funding Startup Writing Invest 294

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. Are you looking to potentially sell the company in the next year or two?

Startup 227

Startup Venture Capital Sales Course 227

Tech.Co

MARCH 25, 2022

Another reason could be a steep drop in sales growth rate since the start of the pandemic, when many people suddenly became interested in getting groceries dropped off at their door. By ensuring their value isn't bloated, the company will net its employees better equity over time. It’s worth maybe $15B in public markets today.

Advertising 116

Advertising Tool .Net Google 116

TechCrunch LA

MAY 19, 2020

These are companies like the recent Y Combinator graduates Homestead and Rent the Backyard and United Dwelling, which has just raised $10 million in funding from investors including Lightspeed Venture Partners and Alpha Edison. The company uses a local nonprofit organization called Chrysalis to build its units. The Culver City, Calif.-based

Los Angeles 191

Los Angeles Startup Culver City .Net 191

Startup Professionals Musings

JUNE 7, 2021

I’m sure you have all been frustrated at least once by not being able to get the Internet domain name you want for your company. and.me (for Montenegro), as well as allowing companies to set up their own top-level domains. Starting and name a company today is a world-wide decision. Certain extensions such as.tv

Startup 136

Startup Pricing Tips .Net 136

Tech Coast Venture Network

MARCH 9, 2011

Last year, venture capitalists and angels who co-invested with them placed $7 billion into seed and early-stage deals, an 11 percent increase from 2009, according to the most recent PricewaterhouseCoopers/National Venture Capital Association MoneyTree report. “Most have a strong desire to mentor and help build companies.”

Tips 100

Tips Capital Tech Coast Angels Screening 100

InfoChachkie

MARCH 16, 2010

My House Is Not For Sale. However, in many cases, acquiring companies behave in a less rational manner than Mr. Citrix politely approached us, told us they had an interest in acquiring our company and then asked us, “How much?”. Our response was that there was no “price” as our company was not for sale.

Company 160

Company Companies Pricing Santa Barbara 160

Berkonomics

SEPTEMBER 17, 2011

After presenting a “state of the company” report at a national meeting of resellers for a company where I sat on the board, I was approached by one of the audience members, complimenting my presentation and stating, “I have a problem. I’ve been offered $15 million for my company and my partner is suing me for all I am worth.

Sales 149

Sales Web Design Web Entrepreneur 149

Berkonomics

AUGUST 10, 2017

Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues.

Venture Capital 243

Venture Capital Product Resource Marketing 243

Berkonomics

APRIL 4, 2019

Every investor wants regular information from companies taking their money. And most of us investors are frustrated by the lack of regular communication – unless of course – the company needs more money. First, let’s cover the absolute minimum legal requirement a company must provide to its investors.

Class 120

Class Course Report Competition 120

InfoChachkie

AUGUST 22, 2016

I had the honor of moderating a panel of three SaaS CEOs who have collectively raised nearly $40 million of venture capital and are on their way to breakout success: Reed Shaffner of Workpop , Jerry Jao of Retention Science and Ara Mahdessian from ServiceTitan. Many companies create customer success teams to onboard and upsell customers.

Custom 100

Custom Customer Cornerstone OnDemand Metrics 100

socalTECH

MAY 30, 2019

Richards--a serial entrepreneur who has been involved in a number of technology companies here, including NTI Group (sold to Blackboard), Internships.com, MP3.com, com, and Vivendi Universal Net USA, where he was also CEO. Our interview this morning is with Robin Richards , the CEO of Los Angeles-based CareerArc (www.careerarc.com).

Content 193

Content Social Network Coach Help 193

Both Sides of the Table

APRIL 25, 2011

This thinking is largely driven by the venture capital industry (and subsequently Wall Street) who are in search of high margin, highly scalable businesses. It’s nearly impossible to get a services company financed by VCs. And stop effing around trying to create a product company.&#. You’re a small fish.

Services 332

Services Venture Capital IP Startup 332

Both Sides of the Table

APRIL 16, 2011

After college Joanne worked for 4 years in retail apparel at Macy’s where she initially managed sales reps on the floor and then worked as a buyer of clothing. After 4 years of retail she went to “the other side of the business&# working for a clothing brand where she sold apparel to department stores and other companies.

Startup 311

Startup Sales Venture Capital Entrepreneur 311

Berkonomics

APRIL 10, 2014

Often, the lender then tracks the pledged assets until money is received or inventory sold, expecting repayment from the proceeds of sale. Asset-based financing is a specialized method of providing structured working capital and term loans that are secured by accounts receivable, inventory, machinery, equipment and/or real estate.

Report 166

Report .Net Custom Customer 166

Both Sides of the Table

NOVEMBER 3, 2009

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. Ajax was the new buzzword and many companies went overboard. and the subsequent acquisition sprees of companies like Google, Yahoo!, Ditto for enterprise software companies. portfolios.

Web 2.0 334

Web 2.0 Venture Capital Web Technical Review 334

socalTECH

JULY 7, 2010

socalTECH.com has mined its proprietary database of high tech companies and entrepreneurs and identified just a few of the repeat entrepreneurs to watch in the region. Demand Media / Richard Rosenblatt / Los Angeles - Rosenblatt's last big win: MySpace, where he was Chairman, brokering its sale to News Corp. which he sold to AOL.

Southern California 228

Southern California Entrepreneur SoCal Mahalo 228

Berkonomics

APRIL 14, 2012

First, let’s cover the absolute minimum legal requirement a company has to provide to its investors. That burden is an ongoing cost of taking the investment, much as a public company takes on the additional burden of governmental reporting, both adding to costs over time.

Class 202

Class Report Competition .Net 202

Berkonomics

JANUARY 20, 2010

This post will be perhaps a bit longer than usual, but certainly of great interest for those with interest in or have need for more capital… This stage is critical to many businesses and a passing option to others, depending upon the capital efficiency of the enterprise. For you who fit that description, nice work.

Venture Capital 174

Venture Capital Invest Class Entrepreneur 174

Tech Coast Venture Network

APRIL 22, 2010

Once you have some skin in the game, if you personally can’t get to some level of revenues in the business, or at a minimum, pre-sales or letters of intent, then on to round two – asking family and friends for help. In order to qualify, you have to have high net worth, a strong credit score and significant skin in the game.

Startup 124

Startup Tech Coast Angels TCVN Incubator 124

socalTECH

DECEMBER 12, 2014

One Los Angeles company-- OneStop Internet (www.onestop.com) has created a growing business handling exactly that. John Tomich: OneStop Internet is an e-commerce services company. The way we get compensated, is we receive a percent of net sales that flow through the website. Who are your ideal customers and market?

Commerce 203

Commerce Venture Capital Internet Brands Startup 203

Startup Professionals Musings

MAY 14, 2012

There are dozens of sources to help you construct your business model, and a good example is a recent book by venture capital investor Elizabeth Edwards, simply named “ Startup ,” which is really designed as a handbook for launching a company for less. Sales/Marketing. Be specific on sales channels and marketing initiatives.

Sales 97

Sales Custom Customer Outsource 97

Both Sides of the Table

JULY 16, 2010

One is the “denominator problem&# which says that if an LP invests X% (the denominator) into “alternative investments&# such as venture capital and if their total amount available to invest (the numerator) goes down by 30% then the amount they allocate to VC will by definition need to go down by 30% to stay the same percentage.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311