Trending Sources

What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. In 2015 in the US there were $77 billion written into startup tech companies.

Is it Time for You to Earn or to Learn?

Both Sides of the Table

I often have career discussions with entrepreneurs – both young and more mature – whether they should join company “X&# or not. at a startup that has already raised $5 million the chances of you making your retirement money on that company is EXTREMELY small.

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Most Startups Should be Deer Hunters

Both Sides of the Table

Nearly all of the mistakes I made at my first company I fixed by the time of my second company. This is the only mistake I repeated twice and it is a mistake that I see many, many companies make. So when I started my first company I naturally went for elephants.

What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

I had a picture in the office of my first company with the logo above and the capital letters JFDI. (In I spent nearly a decade building software for large companies and then advising companies on the same. The company has burned through serious cash.

How to (re) Approach People (Advice on the Eve of LeWeb)

Both Sides of the Table

We presented to you about a year ago our company that does voice recognition software integrated with IVRs. Business Etiquette Tips for dealing with VCs and Corporates at Conferences. This is part of my ongoing series with Startup Advice.

Don’t Roll out the Red Carpet on the Way out the Door

Both Sides of the Table

Before I started my first company in 1999 I worked for Andersen Consulting (now Accenture). From early on I could tell that Ryan was going to succeed within our company. Every year our company progressed we tried to give Ryan the upper tier of our annual pay increases.

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How to Deal with Skeletons in your Closet

Both Sides of the Table

Some examples: A large company has told you that you need to change your brand name or they’ll sue you for trademark infringement (this is a real world, recent example). A company has just filed suit against you for product patent infringement (obviously more serious).

Startup Software Development – Do Your Homework Before You Develop Anything

SoCal CTO

I just had an all-too common conversation with the founder of a startup who had spent more than a year working with a software development company who had produced a mess. The mess really comes from a developer who was willing to get started on a product that was not fully thought out. I always take a very different approach in early conversations.

Good Judgment Comes with Experience, But Experience Comes from Bad Judgment

Both Sides of the Table

I believe that it helped me succeed in my second company. I had so many discussions with people when they launched their companies about what each of us thought would happen and now it’s enlightening to have those conversations 18 months later.

IPO Market Surpasses 2008, 2009, According to Report

socalTECH

A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. billion for companies, which is 123 percent increase in volume and a 49 percent increase in volume compared with numbers last year. PWC said that among the reasons for the surge was a return of private equity and venture capital portfolio companies using the U.S.

Start-ups are all Naked in the Mirror

Both Sides of the Table

This is part of my ongoing series Startup Lessons Building companies is hard work. I started my first company in 1999 in London at the height of the dot com craze. We also had facilities in Dublin, Ireland where our company was initially founded. We went through the euphoria of massive exposure at the time of our [.].

WTF is Traction? A 6-Step Relationship Guide to VC

Both Sides of the Table

Now there are some firms that have strict rules about not funding pre-revenue companies – that’s different. The problem is that they see hundreds of pitches and they often don’t proactively step back and think about the companies that seemed promising but they weren’t ready to pull the trigger. It’s marketing 101 for tech companies in terms of how you market to customers.

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Start-ups are all Naked in the Mirror

Both Sides of the Table

Building companies is hard work. I started my first company in 1999 in London at the height of the dot com craze. We also had facilities in Dublin, Ireland where our company was initially founded. Our company was completely euphoric. We had one of the largest US software companies talk about buying us. Goldman Sachs (an investor in our company) told us we’d IPO within 18 months for $1 billion so not to take any offers.

Insights: Ten reasons to start a company; ten reasons not to

socalTECH

Today's Insights and Opinions article comes from Megan Lisa Jones , an investment banker and investor, who says: yes, it's a bubble, and gives her top ten reason to start a company, and ten reasons not to. Rich valuations and venture capitalists throwing money at early stage companies.

Should Your Startup Have an Advisory Board?

Both Sides of the Table

Many startup companies hire advisory boards. prominent industry luminaries to be closely associated with the company. It’s done partly in hopes of gaining their wisdom but it’s also done to portray the company in a positive light through association.

Who Should you Hire at a Startup?

Both Sides of the Table

It is tempting because you not only see that they were VP Sales at 3 other startups but also that they have great access (according to their resume) to senior executives at companies you’re trying to target. In my first company we had achieved a small bit of scale.

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What Makes an Entrepreneur? (1/11) – Tenacity

Both Sides of the Table

I’ve watched people who went to the top schools, got the best grades and worked for all the right companies flame out. When I launched my second company I was new to Silicon Valley. My company was relatively unknown. Some companies don’t push hard enough.

Are Business Plans Still Necessary?

Both Sides of the Table

Ajax was the new buzzword and many companies went overboard. and the subsequent acquisition sprees of companies like Google, Yahoo!, Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me).

Secure Technology Company Sold To Benchmark Electronics For $230M

socalTECH

Santa Ana-based Secure Technology Company , a developer of ruggedized computers for the military and other markets, has been sold to Benchmark Electronics in a deal worth $230M in cash. Secure Technolgoy Company was owned by private equity investor Vance Street Capital. Vance Street Capital had acquired Secure in October of 2009.

VentureNet 2009

SoCal Tech Calendar

Wednesday, October 7, 2009 -- VentureNet 2009. One chance to see the most innovative emerging technology companies in the entire Southern California region strut their stuff. One day. One event. See [link] (more

GadgetFest 2009

SoCal Tech Calendar

Tuesday, November 3, 2009 -- GadgetFest 2009. The 9th annual GadgetFest is fast approaching, and tech companies in the San Diego region and beyond are preparing to showcase their newest, most innovative technologies for this years competition. Every year, CommNexus challenges tech companies within and beyond the San Diego region to enter their latest technologies into GadgetFest and compete for the coveted title of Greatest Gadget.

Bank Robber or ATM Operator?

InfoChachkie

In addition to the characteristics noted below, you may also want to consult “ Finding an Entrepreneurial Gem in the Slag Heap of Big Dumb Company ” and “ Are You an Entrepreneur ”. Conversely, the ATM Operator will ask questions centered on the Company’s financial condition, current investors, and potential future investors. Once your Company is sold and you split up the take from the heist, they can take off their mask, go to Vegas and blow the loot.

Layoffs Hot Keyword for Second Half of January 2009

SoCal CTO

Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. Top for January 16, 2009 - January 31, 2009 Posts Are You Selling Online Yet? This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then.

Are MBAs Necessary for Start-ups or VC?

Both Sides of the Table

I say this as somebody who recruited several Harvard, Wharton and similar MBAs at my first company (the one where I acknowledge that I made every mistake in the book). And I feel that this skill is invaluable in both building a start-up company and in being a VC.

Qualcomm Town Hall 2009

SoCal Tech Calendar

Wednesday, December 16, 2009 -- Qualcomm Town Hall 2009. In addition, the QUALCOMM executives will share with you where the Company envisions the wireless market going in the next five to ten years in terms of wireless devices and how users will benefit from new capabilities and the ultra real-time phenomenon - when millions share the same life-changing experience simultaneously through their advanced mobile multimedia devices.

Startup Founders Should Flip Burgers

Both Sides of the Table

When you’re an early-stage startup that hasn’t raised any institutional money you end up doing almost every job function of the company yourself. When I founded my first company along with Brian Moran (whose idea it was) I had no real experience running startups.

Technology Industry Awards 2009

SoCal Tech Calendar

Thursday, April 30, 2009 -- Technology Industry Awards 2009. The Best Companies, the Brightest People, and the Most Fun! The Technology Industry Awards is celebrating its 15th year of recognizing individuals and companies that have made significant, superior contributions to Southern California's technology industry. TCOSC.

Startup Metrics

SoCal CTO

This is a great presentation and one that I'm going to point out to startup / early stage company CEOs. This kind of a simple model also helps: Define the early proof points for the company. Startup Metrics for Pirates (SeedCamp, Sept 2009) View more documents from Dave McClure.

BIOCOM's 2009 DeviceFest

SoCal Tech Calendar

Thursday, May 7, 2009 -- BIOCOM's 2009 DeviceFest promises to provide thought provoking panel discussions and case studies focusing on Inspiring Innovation, Overcoming Adversity and What's Next? However, bringing life saving products to patients expeditiously remains a great challenge for medical device companies.

Video Games Industry 2009

SoCal Tech Calendar

Thursday, February 26, 2009 -- Video Games Industry 2009. The video game industry sits at the center of an increasingly sophisticated network of growth opportunities: advertisers can reach difficult population segments in a targeted manner; retail outlets can expand their business by adding a new product that caters to their customers; and traditional media companies can find novel ways to present their products.

What Makes an Entrepreneur (2/10) – Street Smarts

Both Sides of the Table

I don’t think it takes book smart people to build great companies – sometimes it’s a hindrance. When I was at BuildOnline (my first company) and things went “ pear shaped &# we called all of our customers and said, “I know that we signed contracts with you.

M and A in 2009

SoCal Tech Calendar

Tuesday, January 13, 2009 -- M and A in 2009. LLC; Nevena Orbach, President, Co-founder, The Orbach Company, Inc. Our panel will explore the impact of the market environment on MandA (valuation levels and overall activity level). Focus will be a discussion of the various alternatives to plain MandA ? recapitalizations and minority investments. Moderated by: Dennis McCarthy, Managing Director, B. Riley and Co.

Got 2020 Clear Vision?

Daradiction

My best friend Braden Jones and his wife Denai started a company in my hometown of Ventura in 2001 called Petunia Pickle Bottom and gave birth to a new industry. Early 2009 I stopped drinking alcohol and putting damaging substances into my body and this has been given me remarking clarity and performance benefits. Folks over estimate what they can do in a year and under estimate what they can do in ten. No doubt you’d agree how quickly this past decade has flown by.

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2009 Veterans Economic and Business Development Summit

SoCal Tech Calendar

Thursday, November 19, 2009 -- 2009 Veterans Economic and Business Development Summit. This activity will provide Veteran Owned Businesses an opportunity to present their companies to Federal Agencies and to identify opportunities of being a Veteran or Service Disabled Veteran Owned Business.

Don’t drink your own Kool-Aid (surviving TC50)

Both Sides of the Table

Tonight I was reading a good blog post ( here ) from Sean Powers with Alistair Croll on preparing yourself for the TC50 “bump” – the rise in traffic that a company gets from presenting at TechCrunch 50. So many companies suck at managing their booths.

Do you need a Powerpoint deck for a VC meeting?

Both Sides of the Table

I also recently wrote a post about a company that came in for a presentation and never even got the slides out or presented a demo. Tell them about your personal background but also tell the story about how the idea for the company came about and talk about the early days.

ActionAllStars.com Signs Up 100K Users For Sports Site

socalTECH

Six Degree Games launched its Action AllStars site on December 18th, and features such sports as basketball, baseball, football, and snowboarding; the company is targeting the six through age 14 demographic. Marina Del Rey-based Six Degree Games is off to a rapid start with its new Action AllStars virtual world, the firm tells socalTECH, with more than 100,000 registered user in the first two weeks of public availability.

Software Development Companies in Southern California

SoCal CTO

As part of doing that, I've had the opportunity to interact with a wide variety of different chief technical officers from different kinds of companies over those years. This is a private group of CTOs who are responsible for software development within their companies. But where do the software development companies in Southern California congregate? size of company (startup to very large), stage (early stage to established firms) vary widely.

What Makes an Entrepreneur (4/11) – Resiliency

Both Sides of the Table

The agreement was that both sets of investors would fund the combined entity, we would reduce overlapped costs and become a healthier company. We started drafting out plans for what we were going to do in order to have an orderly winding up of the company.

Video Games Industry 2009: New Opportunities

SoCal Tech Calendar

Thursday, February 26, 2009 -- "Video Games Industry 2009: New Opportunities" TCOSC. The video game industry sits at the center of an increasingly sophisticated network of growth opportunities: advertisers can reach difficult population segments in a targeted manner; retail outlets can expand their business by adding a new product that caters to their customers; and traditional media companies can find novel ways to present their products.