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Could Crowdsourcing Capital Kill Your Company?

Steve Reich

Yesterday, I joined a group of Pasadena and Tech Coast Angels for a discussion of crowdsourcing equity investments for startups. The JOBS Act of 2012 makes it possible to raise equity capital from small investors for the first time. The discussion was lively, to say the least.

Capital 65
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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

socalTECH

The company--which is in the business of operating a content delivery network (CDN) to accelerate the delivery of web graphics, multimedia, applications, and more to end users-- recently disclosed it more than doubled its revenues in 2012, and has grown to over 230 employees--all due to a huge amount of demand for CDN services by its customers.

CTO Hire 248
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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

The top five tournaments for “StarCraft 2″ in the month of June 2012 had combined prize-pools of over $150,000. If you said 6 million (as of April 2012), you’d be close, because JustFab is growing by nearly to 500,000 members a month. In 2012, ShoeDazzle jumped from 3 to 13 million members. Brandon Beck – Riot Games.

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Why Coachella Valley Is a Hub for Renewable Energy Startups

Tech.Co

Joe: I came to the Coachella Valley in January of 2012 to serve as the Founder and Managing Director of the Palm Springs iHub. Most of the equity investments in iHub companies are coming from outside the region. Joe Wallace, CEO and Chief Innovation Officer at CVEP. What’s your role in the Coachella Valley area startup ecosystem?

Startup 105
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Why Coachella Valley Is a Hub for Renewable Energy Startups

Tech.Co

Joe: I came to the Coachella Valley in January of 2012 to serve as the Founder and Managing Director of the Palm Springs iHub. Most of the equity investments in iHub companies are coming from outside the region. Joe Wallace, CEO and Chief Innovation Officer at CVEP. What’s your role in the Coachella Valley area startup ecosystem?

Startup 119
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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

They feel very confident they can hit $18 – 20 million in 2012. So assume that in 2012 the company would do $20 million in sales and $2 million in profits (10%) and 2013 they would do sales of $25 million and $4 million in profit (16% net margin) and then slow growth in 2014 to $30 million and $6 million in profit (20% profit).

Services 332
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The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Both Sides of the Table

This time by the efforts of Adeo Ressi to introduce a new kind of structure called “ convertible equity.” My initial reaction to Adeo when we spoke was that while it may have solved some issues (debt versus equity) it didn’t solve the ones that I’ve been warning entrepreneurs about most loudly.

Startup 354