Remove 2009 Remove 2012 Remove Companies Remove SaaS
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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 Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

Startup 383
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Why Most of Your Assumptions About Phone Calls are Wrong

Both Sides of the Table

It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. Some quick data that I pulled from EmailisNotDead.com (mid 2012). source: Harris Interactive IM Shopping Poll (August 2009)). Much more data in the full post. There are 2.9 billion by 2014.

Email 339
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Meet Launchpad LA’s Graduating Startups

Tech Zulu Event

Meet the Graduates: · Connectifier, which connects recruiters to potential job candidates, consists of 4 ex-Google employees and local angel investor, Terrence Yang, has dubbed Connectifier one of the best startups of 2012. The company’s CEO, Brendon McQueen, graduated from Columbia with 12 loans that totaled over $120,000.

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Do Less. More.

Both Sides of the Table

One would think entrepreneurs would never want less available cash – until such time as their competitors ridiculously and unnecessarily all raise $50 million in the name of a “land grab” thus making it much harder for your totally reasonable company to attract investors. They’re doing how much in SaaS revenue?

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Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

socalTECH

A few weeks ago, Los Angeles-based enterprise expense reporting software maker Chrome River (www.chromeriver.com) took a significant venture funding round--worth $100M--to help expand the company's growth in the enterprise software market. What's the background on the company, and how did you start?

Software 100
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REACH NeXT Alumni Gets Into 500 Startups! | Batch 15 Announced

Tech Zulu Event

Most are later-stage seed companies, doing anywhere between $10K-$100K per month in revenue. Fun Fact: The company is named after clouds that are light and easy, just like their identity solutions! Then they started a company in the sports industry–each one with different positions in the team. Cirrus Identity. Clicky, Inc. .

Startup 40
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An Inside Scoop on the Funding Environment and What it Might Mean for You

Both Sides of the Table

Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x So we brought in experience hand Mark Woodward who had taken 2 companies public and had a storied sales leadership turned CEO career where he learned in academy-rich Oracle.

Funding 150