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Grid2Home Gets Seed Funding

socalTECH

San Diego-based Grid2Home , a developer of energy management software, said today that it has raised a seed round of funding. The funding was led by Granite Ventures. Financial details of the funding were not disclosed by the company. The company said it was founded in 2009 by Don Sturek and Mike Bourton.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

<== Our conclusion was that this isn’t a temporary blip that will swiftly trend-back up in a V-shaped recovery of valuations but rather represented a new normal on how the market will price these companies somewhat permanently. First in late-stage tech companies and then it will filter back to Growth and then A and ultimately Seed Rounds.

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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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What is the Definition of a Seed Round or an A Round?

Both Sides of the Table

When I first became a VC, seed rounds were typically $500k – $1.5 There weren’t a lot of seed funds in 2007 so this was often done by angels, funding consortia or sometimes early-stage funds that existed then (First Round Capital, True Ventures, SoftTech VC, etc.). Why the latter?

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The Changing Structure of the VC Industry

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Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. ” The new narrative is “will my seed funds be able to fund the prorata of their winners?” ” Stated simply – if you seed funded Uber at $4.5m

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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

Since 2009 we’ve been in an unequivocal bull market. An impressive number of new VCs have been created – most of them with new seed funds. And as I always assert, “Great companies are built in downturns. And it’s when mediocre companies get pulverized.” It’s when the game slows.

Marketing 354
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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. For investors life is no different.