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. sold to Disney for $670 million and since our first investment was at < $10 million valuation we did quite well. Maker Studios?—?sold

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

OCTOBER 15, 2020

the founder of Hightree Advisors, to its advisory board.

Artificial Inteligence 100

Artificial Inteligence Invest San Diego .Net 100

socalTECH

AUGUST 5, 2014

It looks like Hawthorne-based SpaceX is confident it will keep its headquarters in Hawthorne for quite a long time--despite setting up a commercial launch facility in Texas this week--based on details on the recent sale of the company''s leased headquarters at 1 Rocket Road in Hawthorne--to a commercial real estate investment trust.

SpaceX 170

SpaceX Hawthorne .Net Design 170

socalTECH

DECEMBER 11, 2012

Somaxon had 12 months net sales of approximately $11.7M The company has been looking for a buyer since December of 2011, when it drastically cut its staff and said it had hired an investment banker. Pernix said the buy will help expand its product portfolio. as of September 30th. READ MORE>>.

San Diego 147

San Diego .Net Equity Acquisition 147

Both Sides of the Table

JUNE 19, 2017

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. The Basics The starting point — the 101 — is knowing the difference between gross burn and net burn.

Startup 212

Startup Venture Capital .Net Capital 212

socalTECH

JULY 7, 2010

Demand Media / Richard Rosenblatt / Los Angeles - Rosenblatt's last big win: MySpace, where he was Chairman, brokering its sale to News Corp. com, and was CEO of Vivendi Universal Net USA. Elbaz sold Applied Semantics to Google in 2003, for pre-IPO stock, reaping first round investors more than a 100x return on their investment.

Southern California 228

Southern California Entrepreneur SoCal Mahalo 228

TechCrunch LA

DECEMBER 8, 2020

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282

Sales Demand San Diego Funding 282

Berkonomics

SEPTEMBER 17, 2011

But the real asset became obvious at almost exactly 5 PM that day, when all eight stopped what they were doing and began using a tool they had licensed from a Florida company to find other Internet gamers to join them in playing intense first party shooter games over the ‘net. By this time there were not one but four million registered users.

Sales 149

Sales Web Design Web Entrepreneur 149

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

Both Sides of the Table

JULY 16, 2010

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. So the people who invest in VC funds have two problems.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Both Sides of the Table

JUNE 27, 2021

In short: Access to great deals, ability to be invited to invest in these deals, ability to see where value in a market will be created and the luck to back the right team with the right market at the right time all matter. 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

Berkonomics

APRIL 14, 2012

There is a natural fear of giving too much information to investors after the initial investment is received. 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

Startup Professionals Musings

NOVEMBER 26, 2012

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast.

Startup 108

Startup Invest Patents Outsource Development 108

TechCrunch LA

OCTOBER 5, 2020

The funding is coming from funds and accounts managed by BlackRock, Reimagined Ventures, Trinity Capital Investment, Celtic House Venture Partners, Marubeni Ventures, Sixty Degree Capital, Mojo Partners alongside with previous investors GGV Capital, WI Harper Group, Digital Garage, CentreGold Capital , Scrum Ventures, and other unnamed participants.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Berkonomics

SEPTEMBER 27, 2018

But the real asset became obvious to me at almost exactly five PM that day, when all eight stopped what they were doing and began using a tool they had licensed from a Florida company to find other Internet gamers to join them in playing intense first party shooter games over the ‘net. My immediate reaction and offer.

Sales 120

Sales Web Design Web Design 120

Startup Professionals Musings

SEPTEMBER 27, 2023

Even though initial stock has no value or market, it is extremely valuable in dividing entity ownership between multiple co-founders, commensurate with their investment, contribution and role. Make sure the government waits for a stock sale to collect taxes. At that time the original split makes all the difference. In the U.S.,

.Net 96

.Net Startup Entrepreneur Acquisition 96

socalTECH

JANUARY 13, 2015

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. READ MORE>>.

.Net 100

.Net Sales Invest Report 100

Berkonomics

SEPTEMBER 8, 2022

Research is paramount, and sources are everywhere, especially for public companies and large investment firms. When taking their money, you made a promise to “make them liquid” someday, not to build a lifestyle business where they would be trapped forever, unable to see a return on their investment. The net result of this exercise.

Outsource Development 156

Outsource Development Paramount Outsource Research 156

socalTECH

APRIL 23, 2009

Camarillo-based Power-One , a developer of power supplies and related products, said late Thursady that the firm has agreed to a $60M investment from investment firm Silver Lake Sumeru. The capital injection came as the firm said it had a 17% decrease in its net sales, to $97.8M, in the first quarter.

Silver Lake 100

Silver Lake .Net Equity Invest 100

socalTECH

SEPTEMBER 15, 2008

Including Napster's current cash and short term investments, the deal has a net value of approximately $54M. Napster was advised in the sale by UBS Investment Bank and O'Melveny & Myers LLP; Best Buy was represented by Robins, Kaplan, Miller & Ciresi L.L.P. According to the firms, Best Buy will pay $2.65 READ MORE>>

.Net 100

.Net Los Angeles Acquisition Invest 100

socalTECH

MAY 20, 2009

Victory Pharma has 182 employees, and had net sales of $57M in 2008, Sciele said. Victory was advised by Cowen & Company LLC and Pillsbury Winthrop Shaw Pittman LLP; Schiele was advised by UBS Investment Bank and Paul, Hastings, Janofsky & Walker.

San Diego 100

San Diego .Net Acquisition Sales 100

socalTECH

MARCH 3, 2011

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. David Aronchick: The net of our jobs is really harnessing the demand.

Redpoint 201

Redpoint Startup Content .Net 201

Both Sides of the Table

MAY 20, 2018

This is true of any buying process where a customer has to make a large investment decision on your software or when an investor must decide whether to give you $5 million. These are similar to the pipeline reviews I used to do with sales reps when I was a CEO. Do they have authority to invest? Do they have influence?

Funding 189

Funding Software Review Entrepreneur Venture Capital 189

socalTECH

DECEMBER 4, 2008

A spokesperson at CalPERS said it is not identifying funds sold in its sale on the secondary market, because of proprietary, contractual provisions against public disclosure; however, CalPERS did say that it committed $25 million in 2004 to Palomar Ventures III, L.P.,

Palomar 100

Palomar .Net Venture Capital Equity 100

Berkonomics

JUNE 11, 2020

Email readers, continue here…] As solar panel efficiency increases from the present average of 22% to 30% and more, and as electricity prices rise, the net break even for solar panels should decrease dramatically. Electric cars become attractive investments when the extra cost can be amortized over a year or two of savings in fuel.

Examples 156

Examples .Net Pricing Email 156

Both Sides of the Table

SEPTEMBER 15, 2013

For much of 2013 I watched the press write articles about how the YouTube “MCNs” (multi-channel networks) were doomed and tried to square that with the data I was watching at the one I invested in, Maker Studios, who has had one hell of a year. I agree with YouTube (that they provide more (hosting, ad sales, etc.)

Networking 366

Networking Media Content Customer 366

InfoChachkie

APRIL 25, 2011

Although many are entertaining, most fail to provide entrepreneurs with a sufficient return on their time investment. I read Enchantment anticipating that it might augment my Entrepernurial Selling class, which focuses on influence and persuasion, rather than sales tactics. I was not disapointed. Tricking The Jedi.

Technical Review 279

Technical Review Blogging Class Entrepreneur 279

Startup Professionals Musings

MARCH 16, 2022

Here are some basic principles: Angels invest in people, more often than they invest in ideas. They probably won’t respond well to high pressure sales tactics, information overload, or bribes. Angels like to “touch and feel” their investments, so they are generally only interested in local opportunities.

Startup 135

Startup Keiretsu Platform Invest 135

Berkonomics

JANUARY 13, 2022

You no longer need to worry over daily cash or threats to your net worth. Not many founders or entrepreneurs do experience the success of a favorable sale of the business they dreamed would make them rich. Others are diluted by subsequent investors to the point where there was nothing for them to celebrate at all in a sale.

Writing 156

Writing Entrepreneur .Net Sales 156

InfoChachkie

OCTOBER 27, 2010

The startup was so nascent that the sale would have been considered a short-term gain for tax purposes, which would have significantly reduced the Founders’ proceeds, making their small fortune even smaller. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer. To Flip Or Not To Flip.

Entrepreneur 124

Entrepreneur Acquisition Pricing .Net 124

InfoChachkie

OCTOBER 27, 2010

The startup was so nascent that the sale would have been considered a short-term gain for tax purposes, which would have significantly reduced the Founders’ proceeds, making their small fortune even smaller. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer. To Flip Or Not To Flip.

Entrepreneur 124

Entrepreneur Venture Capital Acquisition Pricing 124

Startup Professionals Musings

OCTOBER 21, 2015

Selecting the right sales channels is one of the first strategic decisions that every startup faces. This area of demand analysis is also called the “sales funnel” or “sales pipeline,” used for tracking the overall process from initial prospect engagement to close. Return on investment for demand generation.

Metrics 101

Metrics Marketing Demand Paramount 101

Berkonomics

APRIL 4, 2019

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. They worry that we will not keep the information confidential and that financial data will find its way into competitors’ hands.

Class 120

Class Course Report Competition 120

Tech Coast Venture Network

APRIL 22, 2010

Virgina Lorimor There are several options for financing a start-up business that tend to follow a natural course in a business’ development: Personal Investment. In order to qualify, you have to have high net worth, a strong credit score and significant skin in the game. This is where all entrepreneurs have to start.

Startup 124

Startup Tech Coast Angels TCVN Incubator 124

socalTECH

DECEMBER 12, 2014

The way we get compensated, is we receive a percent of net sales that flow through the website. If you look at the Internet Retailer Top 1000, which is a list that tracks e-commerce sites by sales volume, you''ll see that Amazon is number #1, and number 1000 does a few million in sales online. Our clients like that a lot.

Commerce 203

Commerce Venture Capital Internet Brands Startup 203

Both Sides of the Table

JULY 19, 2011

That said, there are times where you need to cast a wider net. For one, due to the way liquidation preference work sometimes they have “flat spots&# which means that they might earn the exact same amount from a $40 million sale as they would from a $50 million sale. We’re both principals in a sale. It happens.

Venture Capital 319

Venture Capital Pricing Startup Outsource 319

Startup Professionals Musings

FEBRUARY 24, 2014

Here are some basic principles: Angels invest in people, more often than they invest in ideas. They probably won’t respond well to high pressure sales tactics, information overload, or bribes. Angels like to “touch and feel” their investments, so they are generally only interested in local opportunities.

Angel 115

Angel Startup Funding Keiretsu 115