Southern California Leads In Green Businesses, Says Report


A new report released today by Next 10 , a nonprofit, nonpartisan public policy group, says that Southern California--and California, as a whole--leads the green innovation, cleantech venture capital, and energy market. According to the report , both Los Angeles and the Bay Are were identified as green manufacturing job leaders, with nearly 10,000 jobs in the sector in each region. The report was compiled by research firm Colaborative Economics.

Snap Raises $250M From Saudi Family


Saudi Arabian Price Al-Waleed Talal said on Tuesday that he has invested $250M in Snap, taking a 2.3 The investment injection comes as Snap announced its Q2 results, where the company reported a net loss of $353.3M snap saudi venture capital funding strategic investment international saudiarabiaVenice-based Snap Inc. , the parent company of Snapchat , has raised $250M in the publicly held company from the Saudi royal family.

Could you have created a “dirty cap table?”


When you started the business, you took investments from friends and family in small amounts just to get you started. Enter the need for larger investments. Oh, I know.

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What’s the minimum information to give your investors?


On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. Requirements created by investment documents. Every investor wants regular information from companies taking their money.

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Crowdfunding: a roar from a young lion


Usually the investors are non-accredited, and only invest a small amount. 10% of the annual income or net worth of the investor, as applicable, if either the annual income or net worth of the investor is equal to more than $100,000, capped at a maximum of $100,000 invested.

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Xconomy Special Report: 12 San Diego Tech Startup to Watch in 2017


million in a Series D round of investment capital, according to founder and chairman Tony Farwell. I widened my net this year. View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. The results were so encouraging, we’re doing it again.

Why 2017 Should be a Great Year to Raise Venture Capital

Both Sides of the Table

The conclusion of our report was that winter did come, but it was mild and short. We are now publishing some of the VC survey data the report used and the results are clear — it’s a great time to be a startup raising venture capital.

How To Get Your Startup Funded - Tips From Entrepreneur and Renowed Angel Investor Jason Calacanis

SoCal Tech Calendar

Jason Calacanis founded Silicon Alley Reporter, Weblogs Inc, Mahalo, and He turned down a $20 million offer for Silicon Alley Reporter. Then the dotcom bubble burst, and he wound up with a net worth of negative $10,000. But most of Jason's money has been made by angel investing. Calacanis' new book is called, "Angel: How to invest in technology startups —Timeless advice from an Angel Investor who turned $100,000 into $100,000,000."

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Another personal story: Timing is everything in a sale.


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.

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Upfront Ventures Raised New $280 Million Fund

Both Sides of the Table

The speaks to the continued confidence in the venture capital markets and as I had predicted some time ago the VC markets right now are a great place to invest – especially relative to other places to put one’s money. Family Offices (of high-net-worth individuals or families).

Frank Addantes FounderBlog: 3. Virtual Location, Location, Location

Frank Addante

► August (1) Invest in Transparency & Active Communication ► July (1) The Fear of Success ► May (2) Optimized for Speed = 30% Waste Happy 1st Birthday Rubicon Project! ► February (1) What do you do when a reporter you admire misrepre.

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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. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

THQ Seeks Buyer As Sales Slip


Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market. The announcement came as the firm announced net sales of $107.4M The firm also reported a net loss of $21.0M.

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How much information do you give to investors?


There is a natural fear of giving too much information to investors after the initial investment is received. Summarizing income statements with a line for revenues, cost of revenue, general and administrative expenses, sales and other direct costs – all leading to net income, would satisfy the legal requirement for statement of income and expense. These could include the need for audited financials, monthly financial and narrative reporting and more.

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Allegro Opthalmics Raises $20M From Hanmi Pharmaceutical


San Juan Capistrano-based Allegro Opthalmics , a developer of treatments for eye diseases such as wet age-related macular degeneration (wet AMD), reported this morning that it has raised $20M in a strategic investment from Hanmi Pharmaceutical. The investment came as part of a licensing agreement between Allegro and South Korea''s Hanmi, covering Allegro''s Luminate (ALG-1001) compound, which is aimed at treating vitreo-retinal conditions.

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Beware the “dirty cap table.”


And even more recently, “crowd sourcing” has been enabled by the Internet – seeking many investors at a small amount per investment. The problem in taking such money rests in the legality of taking money from non-accredited investors, people who do not meet the SEC standard for making non-public company investments. Currently that standard requires a minimum of $200,000 in annual income or over one million in net assets, including the value of the investor’s principal residence.

This Week in VC with Jim Armstrong of Clearstone

Both Sides of the Table

Clearstone currently invests out of a $200 million fund based in LA with offices in Menlo Park and in India. Segment One: Jim’s background and Clearstone’s investment strategy. But LivingSocial is reportedly doing around $180,000 per day in gross revenue.

Startup Pricing: Are You Selling A Giffen Product?


At Citrix, GoToAssist customers would occasionally ask if they could just pay for our screen-sharing functionality because they didn''t intend to use the product''s other features, such as reporting and session recording. A version of this article previously appeared in Forbes.

Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding


Randy Churchill and his team at PricewaterhouseCoopers meticulously prepare a quarterly report detailing the venture landscape, called Shaking The Money Tree. A clear trend over the past 15-years is that many Silicon Valley venture capitalists enjoy investing within driving distance.

How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

The problem that I’ve seen historically in cities like Los Angeles, San Diego or Seattle is that their historic high-net-worth individuals didn’t come from the tech startup world. It’s worth having a quick read of the first few paragraphs of their annual report.

ServiceNow Files For IPO


The firm's IPO is being underwritten by Morgan Stanley, Citigroup, Deutsche Bank Securities, Barclays, Credit SUisse, UBS Investment Bank, Pacific Crest Securities, and Wells Fargo Securities. The firm reported a net loss of $6.6M San Diego-based ServiceNow , the developer of cloud-based, enteprise IT automation software, filed for an IPO Friday, saying that it is looking to raise up to $150M in an IPO on the NYSE. ServiceNow said has applied to trade as NOW.

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Green Dot Files For IPO


Morgan, Morgan Stanley, Piper Jaffray, and UBS Investment Bank. The firm reported net income of $37.16M on revenues of $234.8M Monrovia-based Green Dot , a provider of pre-paid VISA and Mastercard cards, has filed for an IPO, saying this morning that it is looking to raise up to $150M in an IPO on the NYSE. The firm's IPO is being undewritten by J.P. Green Dot is venture backed by Sequoia Capital, TTP Fund, as well as a significant number of Tech Coast Angels.

ACTIVE Network Seeks Buyer


San Diego-based sports and activity registration provider Active Network appears to be looking for a buyer, or maybe an outside investment, saying yesterday that it has created a committee to evaluate "strategic transactions". The company said it has received interest from outside parties in both investment in ACTIVE Network to acquisition of the company. Active Network reported a net loss of $2.7M

Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

This followed an investment late last year by Time Warner in the company in a round totaling $36 million , led by Rachel Lam , head of their investment group. My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share).

Timing is everything in a sale of a business.


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.

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Raising Seed Capital Now: 10 Tips

Tech Coast Venture Network

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. The group invested $8.7 “Don’t enter the process blind,” says Jamie Rhodes, an investor in Austin with Central Texas Angel Network , which invested $5.5

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Demand Media Files For IPO


Morgan Stanley, UBS Investment Bank, Allen & Company LLC, Jefferies & Company, Stifel Nicolaus Weisel, RBC Capital Markets, Pacific Crest Securities, Raine Securities, and JMP Securities. According to Demand's IPO filing, the firm had a net loss of $6.00M on revenues of $114.0M For the year ended December 31, 2009, the firm had a net loss of $21.9M The firm's major stockholders are Oak Investment Partners, Spectrum Equity, W Capital Partners, Goldman Sachs & Co.,

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah, I haven’t been out there for a few years but I keep hearing that something is going on there.” An abbreviated version of this post appeared yesterday on TechCrunch.

What’s Really Going on in the VC Industry? What Does it Mean for Startups?

Both Sides of the Table

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion.

8 Startup Lessons You Could Learn from Gotham Gal

Both Sides of the Table

She went to work running sales for Jason Calacanis at Silicon Alley Reporter (mid 90′s). Invested in “ Catch a Fire ,&# which is a business that helps people (mostly women) connect with pro bono opportunities where they can put their skills to use.

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How This Entrepreneur Raised $28,000 Using Airbnb to Fund Her Startup

Both Sides of the Table

In one year of Airbnb Tracy netted more than $28,000. Daily Candy was one of the earliest successes in the newsletter business, which ultimately sold to Comcast for a reported $125 million. Tracy DiNunzio isn’t your typical Silicon Valley startup founder.

When cash is tight – slow its flight!


There are four basic ways to increase the cash position of a company: inject cash through borrowing or investment, decrease spending or payments on debt, increase efficiency of operations, and increase revenues or advance payments from customers. I advise all of my companies to use an impressed payroll service, one that takes the taxes from your bank account along with the net payrolls each period. We have discussed why never to run out of cash.

The Five Major Tech Trends of 2016


Back in 2013, Google reported that 90 percent of multiple device owners switch between screens to complete tasks, using an average of three different combinations every day.

Please go see “Waiting for Superman.” Here’s Why:

Both Sides of the Table

We have doubled our national investments per child in education (in real terms i.e. adjusted for inflation) and our scores have remained flat. and then in Lotus 1-2-3 to help him automat the reporting of grades and attendance. Yesterday I went to see the film Waiting for Superman.

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Tech Titans Peter Thiel, Matt Jacobson, Cameron and Tyler Winklevoss, Mich Mathews, Elon Musk Buy Homes in Los Angeles

SoCal Delicious

If youre buying a luxury home or just like looking at them, check out this live chat from reporter Lauren Schuker Blum and real estate editor Matthew Strozier. MSN Money Investing. Investment Land For Sale. Investing Tools. Facebook. Twitter. WSJ Live. WSJ Live.