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The Case for Optimism and Risk at Startups

Both Sides of the Table

I told her that I believed America’s best asset – driven initially from software innovation mindset in the San Francisco Bay Area and media innovation driven from Los Angeles – was our willingness to accept failure. Of course the naysayers are out again. Are we right in all of our assumptions and diligence?

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. Profitability.

Startup 383
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How Boards Need to Evolve Over Time

Both Sides of the Table

Reviewing financial & operational performance. You may have raised money across multiple rounds of investors from 3-4 different VCs and of course most of them would like board seats or at a minimum board observer rights. Defections of large swaths of talented employees due to low morale. Mentorship. As You Start to Mature.

Startup 325
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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

The company became a Wall Street darling when it raised $1 billion-plus through its 2014 IPO, and now claims to have deployed roughly $19 billion in loans since inception. Some borrowers would prefer to deal with the original lender if a problem arises during the course of the loan, he said.

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Fintech Lender Uses Profitability to Step Out from Industry Cloud

Xconomy

The company became a Wall Street darling when it raised $1 billion-plus through its 2014 IPO, and now claims to have deployed roughly $19 billion in loans since inception. Some borrowers would prefer to deal with the original lender if a problem arises during the course of the loan, he said.

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

To boost the initiative, which aims to speed the pace of cancer research, FDA said it would consolidate its cancer review divisions under the Oncology Center of Excellence. But as Xconomy reported, details about the reorganization were scant, leaving open questions whether drug regulation actually needs to move faster.

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Can’t Fit Your Cargo, Request a Buddytruk

Tech Zulu Event

AJ: Buddytruk has been active and accepting pickups in Los Angeles since August 1, 2014. After we had our app completed, our initial batch of drivers recruited, insurance in place, and a solid operational foundation set, we were able to open our doors for business on August 1, 2014. TZ: How long has Buddytruck been active?

FAQ 98