Both Sides of the Table

SEPTEMBER 14, 2010

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). But I prefer a certain naive optimism in founders but I can’t see that this extends to angel investors. Either scenario requires angel deals to be funded further. Not everybody agreed.

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Invest Angel Venture Capital Startup 152

Both Sides of the Table

JULY 23, 2014

The rise of “micro VCs” or seed-stage funds. The rise of alternative sources of capital (crowd funding and the like). Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. ” Stated simply – if you seed funded Uber at $4.5m Why is this?

Venture Capital 398

Venture Capital Technical Review Startup Seed Funding 398

Both Sides of the Table

FEBRUARY 12, 2015

I’m going to write a pure admiration piece. Yes, I still used a Blackberry in 2009. Angel investor. “Pishevar was turned down by Uber in its 2nd round of funding. ” Shervin has done much since then including founding his own fund, Sherpa Ventures. Not this one. And also a “thank you.”

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Startup Conference Ideas Writing 150

Both Sides of the Table

JUNE 5, 2015

In the old days VCs funded off of a “pre-money” valuation. This was until about 2009 because most the investments in companies came from one, maybe two, sources. In the old days there usually weren’t convertible notes on early-stage deals and there weren’t party rounds with 20 angels or 6 seed funds.

Venture Capital 150

Venture Capital Pricing Startup Invest 150

SoCal Delicious

MAY 6, 2012

63 Los Angeles Entrepreneurs To Be Proud Of By mario on May 2, 2012 in Features , grid. Features like this, as well as our daily interviews wouldn’t be possible without the amazing support of our sponsor eMinutes – a law firm here in Los Angeles that focuses on helping entrepreneurs structure their companies. Subscribe to RSS.

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Los Angeles Entrepreneur Angel Fractional CTO 78

Both Sides of the Table

SEPTEMBER 27, 2010

And that was evident on today’s Angel vs. VC panel. The VC industry has different segments in it that have different fund sizes, different investment amounts and different risk / return expectations. We need people at all stages of the funding lifecycle and not just VCs. But you’re not an angel.

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Venture Capital Training Startup Entrepreneur 308

socalTECH

MAY 18, 2010

We built that and put it on the App Store on December 24 of 2009. As of the last four months, we've had about 200,000 plus downloads, a bunch of great write ups, and a lot of mom bloggers who have been reviewing the app and writing stories on it. All of 2009 was figuring out what people want.

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Mobile .Net Pasadena Software Review 168

Both Sides of the Table

APRIL 17, 2010

The VC’s & executives were then asked to make “commitments&# (in writing) to 3-5 of the companies that they felt they could make some sort of contribution to. The team has experience in building startups (Doug Ludlow was formerly a founder in a TechStars company) and have all worked at local Los Angeles based startups.

Company 276

Company Companies Startup Southern California 276

Both Sides of the Table

JULY 26, 2022

Considering that many of our funds are in the $200–300 million range, these returns were more meaningful than if we had raised billion dollar funds. Obviously the funding environment has changed considerably in 2022 but as early-stage investors our daily jobs stay largely unchanged. What do you do with a $650 million platform?

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Startup Venture Capital Writing Invest 408

Both Sides of the Table

JANUARY 5, 2010

But when I’m looking to write my check I need to look in the eyes of the captain — the maestro who brings the whole orchestra together. He wanted to raise angel money. Partners in VC funds only wanted to fund entrepreneurs who had a certain percentage of their net worth tied up in their venture. Why should I be?

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Entrepreneur Startup Venture Capital CTO Hire 293

SoCal CTO

FEBRUARY 20, 2007

skip to main | skip to sidebar SoCal CTO Tuesday, February 20, 2007 Innovation and Geography I ran across a post in Read/Write Web - Does Location Matter in Web Innovation? Ive personally been involved in the start-up world in Los Angeles for about 15 years, and have had the opportunity to work on many early-stage companies (e.g.,

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CTO Coach Southern California CTO Hire Social Media 150

Both Sides of the Table

SEPTEMBER 28, 2014

It’s what signals to existing investors how quickly their teams need to be fund raising and the level of risk the company is facing and also it signals to potentially new investors both how quickly you need to raise (ie you have less leverage if you’re in a rush) as well as how much cash you’ll need if they fund you.

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Startup Company Companies .Net 383

Both Sides of the Table

JULY 13, 2013

I spoke a lot about the need for “personal branding” which I plan to write about soon. I’ve got guys getting funded at 23! If you’re not confident enough to get funded now, you’re never going to be funded. If I write $2 million and we hit a bump in the road, I can write another $2 million.

Startup 337

Startup Entrepreneur Ideas Venture Capital 337

socalTECH

JULY 13, 2009

GRP has just recently closed on a new $200M fund, and Mark has been one of the more active venture capitalists in the Los Angeles area in recent months. In 2000, we set up our second fund--worth almost $400M--and for that vintage year, that fund is one of the top tier performing funds in the entire country.

GRP Partners 157

GRP Partners Southern California Santa Barbara Rustic Canyon 157

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. Imagine if, say, Autodesk had purchased it in 2009 for $100 million? that plays a leading role in funding in the Central Coast of California.

Venture Capital 363

Venture Capital Capital Funding Startup 363

socalTECH

JULY 20, 2011

Earlier this month, Los Angeles-based HitFix (www.hitfix.com) an online news site focused on entertainment, announced it had raised $2M in a funding round. We thought it was a real opportunity to bring in some taste-maker editors, who could write specifically for that audience, and break news. Why the new funding round now?

News 173

News Entertainment Startup Bertelsmann 173

socalTECH

APRIL 25, 2011

Scott Lahman is co-founder of Los Angeles-based GOGII (www.gogii.com), the developer of group text messaging application textPlus. Scott Lahman: When we first put it out in early 2009, free texting was just a huge offering. Even though write once and run anywhere has been the holy grail, I think it's the false prophet.

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Gogii Mobile Activision Electronic Arts 200

socalTECH

JUNE 18, 2009

That was the jumping off point for OneCubicle a little over 18 months ago, when we started writing the business plan and code. It was funded by David Geffen, Steven Spielberg, Paul Allen, and some other really big names. We're financed through friends and family, and some angel investment early on. How are you backed?

Social Network 100

Social Network Entertainment Startup CTO Coach 100

Both Sides of the Table

SEPTEMBER 8, 2012

I would never as a VC fund a round and then expect somebody else to pay a higher price right after me. But Paul Graham really did have a point in his “ high resolution fundraising ” post – that there is a problem – particularly in angel financing – with herding cats. For the most part I agree with Fred.

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Pricing Venture Capital Writing Equity 294

Both Sides of the Table

MAY 15, 2010

We’re staring to get the hang of how to divide the show up into talking about deals but also talking about issues for entrepreneurs during funding. Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. short answer: very, very rarely. But it does happen. Short answer: no.

Venture Capital 285

Venture Capital Startup Advertising Redpoint 285

Both Sides of the Table

SEPTEMBER 5, 2012

Some thoughts on raising angel money. When convertible debt first started being introduced as a “faster, cheaper way to get startups funded” they didn’t have pricing built into them. So if I write you a $500,000 check into a convertible note with a $4.5 So let me weigh in more loudly than in the past.

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Startup Pricing Equity Venture Capital 354

Both Sides of the Table

MARCH 6, 2011

I was an angel investor in his company, made a bunch of calls on his behalf and then I personally sent it out on AngelList. I was saying that I was happy it was all out in the open because I felt at least everybody could now understand the issues & opportunities from the perspectives of angels, entrepreneurs and VCs.

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Startup Venture Capital Blogging Summary 292

Both Sides of the Table

FEBRUARY 14, 2016

Brad was openly writing about this and it felt like he was giving the VC playbook away for free! We write about $40 million of first-checks into new deals / year and about $40 million of follow-on investments. I’ll spare you the math and point out that this means we funded 0.104% of the market. This is how VCs feel.

Startup 150

Startup Company Companies Venture Capital 150

SoCal CTO

SEPTEMBER 8, 2010

Dec 26, 2009). We had to write a CRM to keep track of them all. They are: Fred Wilson: Lead Investors, Dipshit Companies, and Funding Every Entrepreneur. I've funded some myself. The expanding pool of angel, seed, and super seed funds is another. What’s going to happen in the future?' twenty in your wallet?

Startup 191

Startup Venture Capital Blogging CTO Hire 191

Both Sides of the Table

JUNE 12, 2010

We both felt that the critical reasoning skills and writing skills were critical to our career development. New funding will be applied toward user acquisition and to expand into new product categories (gourmet food, wine and new services). Launched in 2007 in Los Angeles by Adam Bernhard and Konstantin Glasmacher.

Venture Capital 217

Venture Capital Capital Metrics Competition 217

SoCal CTO

DECEMBER 1, 2010

aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. But I didn’t write it for you; I wrote it for myself. How to Take Down Facebook -- Hint: It Ain't Twitter. but: Something is Still Missing.

Technical Review 175

Technical Review Startup Product Technology 175

Frank Addante

JUNE 4, 2006

► 2009 (3) ► May (1) A Tour of the Rubicon Project Headquarters ► April (1) "Pay it Forward" Event for Students & Aspiring Ent. Venture Capital Funding 7. We used some of the proceeds from these consulting projects to fund the development of StrongMail, along with personal funds.

Startup 40

Startup Venture Capital Email CTO Hire 40

SoCal CTO

JANUARY 5, 2011

November 23, 2010 Entrepreneurs, Using Outsourcing to Obtain Capital Efficiency Needs to be Thought Through to be Effective - Robert Ochtel , June 7, 2010 Teen Entrepreneur, Brian Wong, Youngest Founder to Receive Angel Funding - teenentrepreneurblog.com , October 28, 2010 Build Your Own Silicon Valley?

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Startup Venture Capital Blogging CTO Coach 378

Both Sides of the Table

AUGUST 30, 2010

So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. 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. I know not everybody agrees.

Entrepreneur 298

Entrepreneur Venture Capital Technical Review Startup 298