Both Sides of the Table

APRIL 28, 2010

Blippy (and their competitor Swipely – which was founded by Angus Davis , who has a great track record from both Netscape and TellMe, both aim to capitalize on the era of consumers living more openly ala Twitter, Foursquare and Gowalla. Investors: August Capital (David Hornik) (lead) with existing investors Charles River Ventures.

Venture Capital 270

Venture Capital Capital Rustic Canyon Mobile 270

socalTECH

MAY 25, 2016

Santa Monica-based March Capital Partners (www.marchcp.com) has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. Post 2008, LPs abhor illiquidity. The biggest lesson is, to bet on the big trends.

Southern California 113

Southern California Capital Funding Invest 113

Eric Greenspan

JULY 3, 2012

We failed because the economy has drastically fallen since 2008, particularly in the consumer sector. Make It Work sold its services in pre-paid hours, at a discount from our pay-as-you-go pricing. Since 2008, the company has been forced to lower it’s prices, from $120/hour to $80/hour. We failed because we tried.

Capital 234

Capital Pricing Press Custom 234

Both Sides of the Table

JUNE 22, 2011

But that doesn’t mean that people are paying rational prices as investors based on intrinsic value. Rational people can disagree and some may argue that today’s prices are rational and under-pinned by economic drivers. All of that might be true, but the 2006 price might still be over-valued. source: Capital IQ.

Pricing 309

Pricing Marketing Startup Venture Capital 309

socalTECH

NOVEMBER 1, 2010

ShopNation's web site allows users to find fashion products, including clothing, shoes, handbags, accessories, and lingerie, sort-able by brand, features, price, and other options. Tags: shopnation venture capital funding launchpadla fashion shopping ecommerce. The firm said its team comes from LowerMyBills.com, Mahalo, and HUGE.

Sites 168

Sites Mahalo Santa Monica Seed Funding 168

SoCal CTO

MARCH 20, 2007

Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. Kevin Federline Search Engine Realistic Entrprenuer's Guide to Venture Capital Time Rich, Time Poor and Apple F2F Still Matters 8 Ways the Internet has Changed Software Marketing.

Venture Capital 150

Venture Capital Guide CTO Coach Southern California 150

Both Sides of the Table

NOVEMBER 14, 2010

And so it happened that between 2000-2008 I was the biggest buzz kill at dinner parties. I pointed to several Economist articles I had read that mapped historical prices of real estate for 400 years and how on average property values grow at no more 1.5% And it’s driving up prices beyond their inherent value.

Invest 299

Invest Angel Technical Review Venture Capital 299

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. You can be pissed off, but I don’t set prices. That’s stupid.

Startup 336

Startup Pricing Technical Review Marketing 336

Both Sides of the Table

SEPTEMBER 5, 2012

When convertible debt first started being introduced as a “faster, cheaper way to get startups funded” they didn’t have pricing built into them. A standard entrepreneur retort I heard back then (2008-09) was “I don’t know what my company is worth now. They’ll get priced soon enough by a VC.”

Startup 354

Startup Pricing Equity Venture Capital 354

InfoChachkie

JULY 18, 2012

We failed because the economy has drastically fallen since 2008, particularly in the consumer sector. Make It Work sold its services in pre-paid hours, at a discount from our pay-as-you-go pricing. Since 2008, the company has been forced to lower it’s prices, from $120/hour to $80/hour. We sought capital just in case.

RSS 170

RSS Technical Review Capital Email 170

Both Sides of the Table

JUNE 27, 2021

They sold 2 years later for $16 million In the financial crisis of 2008 we had a company that had jointly hired lawyers to consider a bankruptcy and also pursued (and achieved!) That’s return, not exit price of the company. Early-stage venture capital is about extreme winners. the sale of the company for $1 billion.

Funding 294

Funding Startup Writing Invest 294

Both Sides of the Table

FEBRUARY 14, 2016

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. It pains me to see the typical (and predictable) responses on Twitter, “VCs want prices to drop!” ” “Sure, prices are dropping.

Startup 150

Startup Company Companies Venture Capital 150

socalTECH

JUNE 25, 2015

Earlier this week, Los Angeles-based CrossCut Ventures (www.crosscutventures.com) announced its third, venture capital fund--a continuation of an investment theme very much centered around the growth of Southern California, and in particular, the Silicon Beach startup ecosystem. Any change to your investment thesis from your last funds?

Southern California 100

Southern California Venture Capital Startup Entrepreneur 100

socalTECH

OCTOBER 7, 2010

Burstly also said its new Storefront feature allows advertisers to use geo-targeting, supports both CPC and CPM pricing models, and supports both Apple iOS and Android phones. Burstly is venture backed by Founder Collective, GRP Partners, Rincon Venture Partners, and SoftBank Capital.

Mobile 171

Mobile Services CPC GRP Partners 171

socalTECH

AUGUST 24, 2009

Costa Mesa-based Semicoa Corporation , a supplier of military and high reliability components, announced Monday that it has relaunched the firm with backing from private equity firm Vance Street Capital, which is based in Los Angeles. Department of Justice, which triggered the sale of Semicoa to Vance Street Capital.

Equity 100

Equity Venture Capital Los Angeles Pricing 100

Both Sides of the Table

JUNE 27, 2013

We have previously raised funds in 1996 ($200 million), 2000 ($400 million) and 2008/9 ($200 million). Well, the venture capital industry has changed a lot in the past 20 years … and we have too. I am super excited to announce that today is a day of lots of new things for my partners & me: A new fund, a new office and a new brand.

Funding 343

Funding Santa Monica Venture Capital Startup 343

Both Sides of the Table

JULY 1, 2010

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. led by Altos Ventures and Maverick Capital, with Larry Braitman.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

Both Sides of the Table

JUNE 3, 2010

This was really a fun week at TWiVC because we decided to have an entrepreneur come and talk about raising capital rather than having a VC come on. Raised angel money from Rob Lord, Reid Hoffman, Benchmark Capital and others. Brought in new CEO, Russ Reeder in 2008. Farb is the founder & CEO of Grockit.com. MetaMarkets.

Venture Capital 214

Venture Capital Startup Design S3 214

Both Sides of the Table

JULY 23, 2014

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of alternative sources of capital (crowd funding and the like). 15 years ago we were at the peak of Internet hype with the launch of many over-capitalized businesses with a market size & opportunity was limited.

Venture Capital 398

Venture Capital Technical Review Startup Seed Funding 398

Both Sides of the Table

JULY 16, 2010

So as of 2008 total LP commitments were still at nearly $250 billion. Our current fund was raised in 2008/09.] After all, most people don’t understand that “venture capital is a get rich slowly&# scheme. So companies are running for the first 1-2 years on significantly less capital than they did 10 years ago.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Both Sides of the Table

JULY 10, 2010

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. You have to be selected to present and it is typically reserved for companies that have already raised early-stage capital and are well into revenue growth. Should you use investment banks to raise venture capital?

Venture Capital 242

Venture Capital Mission Ventures Capital Help 242

Both Sides of the Table

SEPTEMBER 29, 2009

But any entrepreneurs raising capital should keep in mind that this opening of the markets could possibly be temporary. Three reasons: There is a relative valuation between the price a VC pays and their expectations of what it will exit for in an IPO or trade sale. But imagine a VC that did 12 deals per year in 2006, 2007 & 2008.

Venture Capital 263

Venture Capital Startup Invest Funding 263

Both Sides of the Table

OCTOBER 14, 2015

One of the points I tried to make is that as venture capital investors as an industry we seem to have a healthy disdain for public market investors. What is your revenue growth rate and what does this imply about your number of months of capital remaining? I spoke at Michael Kim’s excellent annual Cendana VC/LP conference today.

Venture Capital 150

Venture Capital Slides Capital Funding 150

socalTECH

MAY 26, 2009

Last week's angel investment report by the Angel Capital Association reported that investments by angel investors dropped nine percent in 2008, with a hefty percentage of angel investors--40 percent--expecting this year will be a down year. Tags: angel investment capital venture.

Technical Review 100

Technical Review Invest Tech Coast Angels Westlake Village 100

Both Sides of the Table

AUGUST 9, 2011

My partnership was pretty bearish and scratched our heads a bit at price tags. By 2008 I had gotten more serious about championing companies through our investment process. It was September 2008. The following is a 2-week graph of the end-of-week price of the Dow Jones Industrial Average (DJIA) in Autumn 2008.

Marketing 305

Marketing Venture Capital Funding Technical Review 305

Both Sides of the Table

AUGUST 24, 2015

I saw a few friends politely suggesting that “now was a great stock buying opportunity” meaning that given the stock market is off by 10% it was a great chance to buy and lock in presumably low prices before the market rises again. I’m not so sure. And I said so publicly. I have to assume other investors feel the way I do.

Marketing 150

Marketing Venture Capital Startup Invest 150

Both Sides of the Table

SEPTEMBER 15, 2010

My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!) This is cheaper for them than waiting for big competitors and buying companies at big prices. First Round Capital requires Second Round Capital.

Invest 284

Invest Angel Venture Capital Startup 284

Both Sides of the Table

APRIL 3, 2010

This is part of my ongoing series on Understanding Venture Capital. I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. If you have several new investors looking at your company you’re likely to get higher price.

Venture Capital 265

Venture Capital Seed Funding Pricing Invest 265

InfoChachkie

NOVEMBER 23, 2015

There were no unicorns in sight on April 14th, 2008 when Kevin O'Connor, my Partner Jim Andelman and I met Twilio's Founder and CEO, Jeff Lawson. A true Internet Pioneer, by 2008, Kevin had already founded or co-founded two Unicorns in his own right, DoubleClick (sold to Google $3.1 billion) and ISS (sold to IBM $1.3 billion).

Venture Capital 100

Venture Capital Technical Review Software Review Southern California 100

Both Sides of the Table

FEBRUARY 25, 2010

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. My co-founder and other management team members wanted us to hold off and see whether we could get the deal done at a higher price. It quickly became impossible to raise venture capital. I was resolute.

Venture Capital 301

Venture Capital Technical Review Startup Technical Advisors 301

socalTECH

APRIL 7, 2011

The prefab building area has seen some recent venture capital interest, most recently with Blu Homes in Boston, which just scored some new venture capital. Marmol Radziner provided the design for the modern, green mobile homes at affordable price points. Todd Jerry: I joined the company in early 2008.

Santa Monica 190

Santa Monica Venture Capital Anthem Design 190

Tech.Co

DECEMBER 4, 2017

Portugal was hit hard by the global financial crash of 2008. Its economy struggled to remain afloat during the crisis and it’s capital, Lisbon, suffered greatly. But Lisbon has since been working hard to recover, and the city is now making waves as a startup capital. Read more about international ecosystems on TechCo.

Startup 70

Startup Entrepreneur Education Capital 70

Both Sides of the Table

AUGUST 30, 2010

The prices of angel deals have recently crept up, VCs have also gotten their checkbooks out again, frothy deals are happening and people are feeling bullish. The spending contraction is inevitable in a period of declining real prices of housing, high unemployment and tightening credit. We took $2.3

Entrepreneur 298

Entrepreneur Venture Capital Technical Review Startup 298

Both Sides of the Table

MARCH 11, 2010

This is part of my ongoing series on Raising Venture Capital. Recently I’ve been debating with a number of young startup companies that are raising money in the next few months, “what is the right about of capital to raise at a startup?&#. It’s a tricky question with no clear answer. There are trade offs.

Startup 319

Startup Venture Capital Capital Competition 319

Both Sides of the Table

SEPTEMBER 27, 2010

There are real changes in the venture capital industry and it would have been fun to talk about them. Dave McClure argued passionately that since the overwhelming majority of exits are sub $100 million we need to readjust how much capital goes in. Price creep hurts investors. Answer: Not much. It’s a shame.

Venture Capital 308

Venture Capital Training Startup Entrepreneur 308

Both Sides of the Table

MAY 15, 2010

Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. We discussed in the video why they don’t price this money but give it as convertible debt) they don’t make announcements to the market. Short answer: no. They also avoid Reg D. Rumored to be appox.

Venture Capital 285

Venture Capital Startup Advertising Redpoint 285

Both Sides of the Table

OCTOBER 1, 2009

In the first post in this three part series I described why I believe the VC market froze between September 2008 – April 2009. If these factors impact earnings the stock market may be headed South – If unemployment rises housing prices won’t. Bad stock markets mean less IPO’s and lower prices for M&A.

Venture Capital 269

Venture Capital Startup Funding Technical Review 269