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

Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you who fit that description, nice work. There is a lot to say about retaining control.

Venture Capital 266

Venture Capital Class Invest Equity 266

Both Sides of the Table

MAY 19, 2018

Or if you’re a VC raising from LPs you have to list all of your deals, your investment value, your carrying value, your multiples, your IRRs, TVPIs, DPIs, etc along with net cashflows plus your previous LPAs. So what does a VC do when he or she isn’t ready to say “no” or perhaps might like to talk with you in a year but not now?

Funding 336

Funding Venture Capital Startup Email 336

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. Do you imagine eventually raising VC and trying to build a faster growing company?”

Startup 227

Startup Venture Capital Sales Course 227

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. Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit.

Venture Capital 243

Venture Capital Product Resource Marketing 243

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

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

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. If you don’t, somebody else WILL!” ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

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 Customer Custom Outsource 102

Both Sides of the Table

APRIL 16, 2011

It’s easy to think that the wife of a well-known & successful VC ( Fred Wilson ) would have had an easy and storied life of wealth and privilege. That’s why I was so interested in having “ The Gotham Gal &# come on This Week in VC ( video link on YouTube , download iTunes, episode 15) ) and dispel those myths.

Startup 311

Startup Sales Venture Capital Entrepreneur 311

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. Maybe this is reverse “hanging around the rim” where if you keep you VC process going long enough you’ll eventually get to “yes?” Do they have authority to invest?

Funding 189

Funding Software Review Entrepreneur Venture Capital 189

Berkonomics

JANUARY 20, 2010

Some businesses require very little capital and the founder is able to self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you who fit that description, nice work. There is a lot to say about retaining control.

Venture Capital 174

Venture Capital Invest Class Entrepreneur 174

Berkonomics

MARCH 30, 2010

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 212

Venture Capital Product Resource Marketing 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

socalTECH

DECEMBER 4, 2008

CalPERS, the California pension fund which is a major limited partner in venture capital funds here, apparently sold its stake in Palomar Ventures III, L.P. A partner at Palomar Ventures declined to comment, saying that the firm has a "hard and fast" policy of not commenting on matters related to LPs.

Palomar 100

Palomar .Net Venture Capital Equity 100

Both Sides of the Table

JULY 19, 2011

And yes, VC’s, too. That said, there are times where you need to cast a wider net. Negotiate directly with your VC or acquirer with lawyers present in the room. VCs : VCs are often on your side and usually act in an ethical manner. What might the VC do against your interest? Recruiters. You name it.

Venture Capital 319

Venture Capital Pricing Startup Outsource 319

InfoChachkie

JULY 28, 2015

My House Is Not For Sale. Our response was that there was no “price” as our company was not for sale. We boiled our alternatives down to the following: IPO – To bolster our negotiating position, I engaged an investment bank to explore the public capital markets. VC Funding Alternative. We simply stated the truth.

Company 100

Company Companies Santa Barbara Pricing 100

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. Angel Investors & Venture Capital.

Startup 124

Startup Tech Coast Angels TCVN Incubator 124

InfoChachkie

JULY 11, 2011

Enter venture debt. By combining our equity investment with a tranche of venture debt, the company has avoided a larger equity round, which would have significantly diluted the Founders’ ownership share. A convertible debt structure is often deployed when the debt is a bridge to either an equity investment or a liquidity event.

Equity 235

Equity Startup Invest Funding 235

Startup Professionals Musings

JUNE 25, 2012

For example, with any outside investment, you give up some ownership and control, and with bootstrapping your growth curve will likely be longer and more organic. These resources would likely include office space, consulting, and even a cash investment. If you don't know any “high net worth” individuals, use your advisors to find them.

Technical Review 103

Technical Review Equity Incubator Venture Capital 103

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 Customer Custom Outsource 97

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. The group invested $8.7 million in 2010. ” 9. .

Tips 100

Tips Capital Tech Coast Angels Screening 100

Startup Professionals Musings

FEBRUARY 13, 2011

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 102

Angel Keiretsu Organization Template 102

Startup Professionals Musings

JANUARY 29, 2011

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 98

Sales Customer Custom Outsource 98

Startup Professionals Musings

MARCH 16, 2011

For example, with any outside investment, you give up some ownership and control, and with bootstrapping your growth curve will likely be longer and more organic. These resources would likely include office space, consulting, and even a cash investment. If you don't know any “high net worth” individuals, use your advisors to find them.

Startup 93

Startup Technical Review Equity Incubator 93

Berkonomics

DECEMBER 17, 2020

We’ve worried together about the moral obligation implicit in taking such investments from people so close, even with their promise never to expect a return. There is an exemption from the requirements that these investors be accredited with net worth or income minimums to qualify legally to invest in your company.

Equity 156

Equity Technical Review Class Organization 156

Startup Professionals Musings

MARCH 1, 2010

For example, with any outside investment, you give up some ownership and control, and with bootstrapping you growth curve will likely be longer and more organic. These resources would likely include office space, consulting, and even a cash investment. If you don't know any “high net worth” individuals, use your advisors to find them.

Funding 59

Funding Startup Technical Review Equity 59

Startup Professionals Musings

FEBRUARY 10, 2010

It boasts 448 member-managed groups and VCs, 15,414 investors, and 2,400 new company applications a month. As an entrepreneur, simply enter your location online, and it will list the angel and VC organizations near you. New England Investment Network. These are joined under the auspices of the Kaufman Foundation.

Angel 48

Angel Keiretsu Startup Template 48

InfoChachkie

FEBRUARY 29, 2016

Too bad, as the initial funding round has increased over 4,000 times in value, making a $250,000 investment worth more than $1,100,000,000. Two hundred and fifty thousand would have netted my firm more than one billion dollars. However, passing on a killer investment is not the worst error an investor can make. Share and Enjoy.

Venture Capital 100

Venture Capital Email Invest Services 100

Frank Addante

MARCH 12, 2007

► 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! ► August (3) Venture Capital - What's the rush? My solution: cast a wider net. ► October (1) New Video! Zondigo, Inc.

Outsource Development 40

Outsource Development Startup .Net Venture Capital 40

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

Frank Addante

NOVEMBER 16, 2006

► 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! ► August (3) Venture Capital - What's the rush? I think that safety net goes away after the 5th grade. Zondigo, Inc.

Startup 40

Startup Venture Capital Web 2.0 Outsource Development 40

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

Frank Addante

OCTOBER 31, 2006

► 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! ► August (3) Venture Capital - What's the rush? ► October (1) New Video! the Rubicon Project's Secret to Succes.

Startup 40

Startup Venture Capital Advertising Email 40

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

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

Both Sides of the Table

JANUARY 17, 2011

I apply visual thinking for nearly everything I do: preparing for important phone calls (I imagine my opening lines, I imagine the responses), writing keynote presentations, deciding whether or not to invest in a company, preparing for board meetings – you name it. I have a high fear of failure that acts as my safety net.

Writing 356

Writing Startup Ideas Summary 356