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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). There was no money train. It was 1991. We still loved every moment.

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How Nix Hydra's Egg Baby Cracked The Code For Female Gamers

socalTECH

However, Egg Baby--the title from newly funded Nix Hydra (www.nixhydra.com)--seems to have cracked the code for how to get new, young, female consumers to become game players. Most of the reviews rant about how cute the game is, so they probably like that too. Lina Chen: Number one, we learned to code and made a prototype ourselves.

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Interview with Mike Whitmire, CEO and Co-founder, FloQast

socalTECH

For today's interview, we sat down and talked with Mike Whitmire , the CEO and Co-founder of Los Angeles-based FloQast (www.floqast.com), a developer of financial close management software for enterprise accounting. Mike tells us about the company, who uses its software, as well as how he was initially turned away from the Amplify.LA

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Fuel50: Helping Employees Figure Out Their Career Path, With Anne Fulton

socalTECH

com) � backed by local investors Rincon Venture Partners and Bonfire Ventures�is helping to solve that problem, with its career pathing software designed for helping employees at large enterprises figure out what's next. Anne Fulton: I've always been an organizational psychologist crossed with a serial entrepreneur. What is Fuel50?

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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

Twilio has now raised around $235 million, including a July 2015 round totaling $130 million. We typically do not ask entrepreneurs to visit our offices in Santa Barbara, but Jeff wanted to meet with Kevin, an investor in our Fund who helped us vet opportunities and occasionally invested alongside of us. It's Me, Not You.

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Interview with Andrew Schydlowsky, TrackStreet: Brand Protection Using AI

socalTECH

Andrew spoke to us about TrackStreet's brand protection software and artificial intelligence efforts. Andrew Schydlowsky: We entered this market in 2015, and we are backed by a combination of institutional investors, and some family offices, as well as some very experienced and successful angels and operators. What is TrackStreet?

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How Boards Need to Evolve Over Time

Both Sides of the Table

And here’s an important point that I think modern entrepreneurs often forget: Investors are “co-owners” of your business. Reviewing financial & operational performance. There are just as many bad entrepreneurs who do bad things. Defections of large swaths of talented employees due to low morale.

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