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Every year at Upfront we try to analyze the venture markets. Of course we fund companies in good markets and bad. To do so we need entrepreneurs who can build companies that scale well in booming markets and also control costs appropriate in correcting markets. VC survey data 2016 from Mark Suster.
All this holiday season, we have been sharing the reflections on 2016 from the movers and shakers in Southern California's technology ecosystem. In 2016, our Santa Monica office more than doubled market share of early-stage companies. This is a trend from 2016 that should gain momentum in 2017.
It’s a new year – 2016. We try to hire people who we believe will be upfront and respectful of entrepreneurs and know that it’s far easier to judge ones decisions on the outside than it actually is to have to make the tough decisions inside of a startup every day. We could all do better – I’m sure.
This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Brad Brooks is an accomplished entrepreneur with a successful track record of investing in, building and scaling companies in the technology and media spaces. You can see all of our holiday reflections here.
Microsoft’s venture fund M12, also a new investor, participated in the round alongside Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, Munich Re Ventures, and Israeli entrepreneur Shlomo Kramer, who co-founded security firms Check Point and Imperva.
This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. Today's contribution is from Lawrence Ng , serial entrepreneur who, last year, founded OnRamp Fund , a $10 million incubator that invests in early stage startups. You can see all of our holiday reflections here.
Saturday, November 12, 2016 -- Caltech Entrepreneurs Forum - Biotech. Gordon Binder, Venture Capital investor, former Chairman and CEO of Amgen, and Trustee Emeritus of both Caltech and MIT keynotes the Caltech Entrepreneurs Forum program Entrepreneurs in a Biotech Age.
This holiday season, we are again sharing the reflections on 2016 from Southern California's technology ecosystem. It's called Flyte Bike and it was created by an entrepreneur that works out of HUB101 with me named Robin Palmer. Today's contribution is from Alon Goren , the co-founder of Crowd Invest Summit and 805 Startups.
Thursday, July 7, 2016 -- Global Disruptors Pasadena: Inspiring Local Entrepreneurs to Think Globally. Join us for a night of FREE networking and stories from entrepreneurs with a global reach. Enjoy a Happy Hour networking time with drinks, snacks, and a photo booth before the presentations. See [link] (more)
Saturday, November 12, 2016 -- Entrepreneurs in a Biotech Moment. Caltech Entrepreneurs Forum. Gordon Binder, Venture Capital investor, former Chairman and CEO of Amgen, and Trustee Emeritus of both Caltech and MIT, leads the November Caltech Entrepreneurs Forum program, "Entrepreneurs in a Biotech Age."
John is also very involved in providing advice to young startups and entrepreneurs. You'll be able to see all the many 2016 reflections here as they are posted. I am very excited with the prospects of the San Diego market, as it reminds me of Santa Barbara circa 2005. What was the biggest news from you or your firm this year?
All this holiday season, we have been sharing the reflections on 2016 from the Southern California's technology ecosystem. We don't "retrench and pullback" when the market cools down and we don't "move upstream" as we experience continued success.
If you didn’t notice that the stock markets in the US dropped nearly 4% today (after falling last Thursday and Friday) then you were probably completely off-the-grid and on vacation. And by this I assume he meant that “market prognosticator twitter” was vomitous. It was a nerve racking morning. Neither do I.
Wednesday, November 9, 2016 -- Disrupt Your Market to Grow Big and Grow Fast. join us at our November Entrepreneur Speaker Series event where Tom White, Director of the Los Angeles Cleantech Incubator at CSUN, will reveal the secrets to Disrupt Your Market to Grow Big and Grow Fast.
And here’s an important point that I think modern entrepreneurs often forget: Investors are “co-owners” of your business. There are just as many bad entrepreneurs who do bad things. how to market our products and company. It surprises me that this is even controversial but in this day-and-age it sometimes is.
It may seem hard to believe, but even in 2016, there remain a number of successful consumer brands that are not sold online. I thought it would be interesting to understand the challenges and concerns of entrepreneurs who began selling online for the first time in 2016, so I sat down with Heidi Muther, COO at Z S upply , LLC.
The cost of entry to the entrepreneur lifestyle is at an all-time low, but the challenge of winning and success is at an all-time high. Anyone can build a new web site, or publish a smartphone app for a few thousand dollars, but getting market penetration requires a lot more. People who shape the future, like Steve Jobs, do this.
Have you noticed that the really big startup wins in the last couple of decades have come from creating and dominating new market categories, more than just new solutions? Bold entrepreneurs put more effort into communicating the new market ecosystem value, and their natural product fit.
As a long-time business executive and adviser to entrepreneurs, I see a definitive shift away from customer trust in traditional business messages, and the executives who deliver them. I believe that the sooner every entrepreneur and brand builder adapts to this emerging trend, the sooner they will find success.
Despite a valiant effort, we only briefly succeeded in putting IBM in the personal computer business, but our efforts changed my view of entrepreneurs forever. For IBM, the Personal Computer was a paradigm shift from their big business legacy, built with new technologies for totally new markets, and battleships turn very slowly.
I heard it again yesterday from a technical entrepreneur who should know better than to believe the old “ Field of Dreams ” sports fantasy movie theme in today’s Internet information overload environment. In fact, having one marketing guru on the team alone won’t get you very far. Give credit.
There are a few entrepreneurs who seem to always be ahead of the rest, and are able to sense where the market is going tomorrow. Everyone wants to support the entrepreneur with the courage to make bold decisions, and can make it happen. So what does one have to do to get on the list? Exhibit almost superhuman energy and focus.
With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. These groups are now largely run by volunteers at no cost to entrepreneurs. Lack of checks and balances on startup valuations.
Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.
Startups Uncensored , the popular series of events around creating and running startups, is headed back to Los Angeles, according to organizer and startup entrepreneur Jason Nazar. Nazar did not say who will be the first guest for his events, which had been extremely popular with Silicon Beach startup entrepreneurs, investors, and others.
in a seed funding, to help it to "greatly expand" its operation sin Los Angeles, as well as expand into other new markets. The Boca Raton, Florida-based startup said the lead investor in the round was Ron Zuckerman, a technology entrepreneur and investor.
Examples of VC platform services include: recruiting, marketing, design support, inside sales reps, consulting, accounting services and so forth. Side Note : Upfront has hired Kerry Bennett as a member of our executive management team to run marketing – please follow her on Twitter here ].
I had blogged when I was an entrepreneur. In 2016 I finally cracked SnapChat with the launch of Discovery. David Tirazona (@TirazonaD) March 7, 2016. In 2007 I started using Twitter and most of my friends & colleagues wondered why people would care what I ate for lunch. In 2008 I started VC blogging. D7elVkC4XR.
Being an entrepreneur is a lifestyle that requires staying power, because starting a new business is a long-term process with many tough challenges. Great entrepreneurs will tell you that they may have pivoted many times, down to their last dollar, but have never given up. I look for that same determination in every new founder.
A new survey, released this week by Silicon Valley Bank, finds that even as the availability of venture capital in Southern California is tightening, and lofty unicorn valuations are declining, startup entrepreneurs are still optimistic about the future of technology in the region.
Successful entrepreneurs understand the difference between a good business relationship with more people and having more friends. In the world of entrepreneurs and startups, professional relationships are critical. More professional connections means more credibility, more insight into the market and more customer clout.
As a startup advisor and investor, I’ve met many aspiring entrepreneurs, and I often get asked the question, “I have a great idea for a startup – do you agree that it real potential?” If you are dreaming of an opportunity to get rich quick, the entrepreneur route is not for you. You enjoy building relationships as well as products.
As we noted in our survey of more than 150 VCs we know in the industry, many saw drops in Q4 valuations last year with nearly all of them projecting decreases in 2016. Deflationary economics are well understood – in a market when prices are dropping one prefers to wait a few months to see if prices stabilizes before committing.
Steve Jobs was a one-in-a-million entrepreneur who seemed to violate many conventional rules of starting a business and dealing with people, yet undeniably achieved great success. As a result, I don’t recommend to aspiring entrepreneurs that they try to emulate his style as a model for their first startup.
Our interview this morning with an entrepreneur is with Anthony Citrano , the founder of Los Angeles-based Acquicent (www.acquicent.com), a startup which wants to make it as easy for you to invest in museum-grade collectibles such as classic cars and art, without having to invest millions of dollars in those assets.
So this fall, we launched Science Blockchain, a new incubator that partners with leading entrepreneurs to build a portfolio of blockchain and cryptocurrency related businesses. I need to focus my time on big ideas paired with extremely passionate entrepreneurs. He is also a long-time entrepreneur.
I’d like to explain as best I can my opinion on what is going on because most of what I hear from entrepreneurs is not only wrong but is reminiscent of what I heard in 1997-2000. ” “This will be great for VCs and bad for entrepreneurs.” What is the True Sentiment of VCs? ” “Sure, prices are dropping.
While the market isn't short of spritely, innovative entrepreneurs, harsh economic headwinds combined with a pullback in investor spending have made it harder than ever for budding businesses to break through. Source: runwayml.com In June, Runway raised $141 million in funding, nudging its market valuation to an envy-inducing $1.5
According to the 2017 Kauffman Startup Activity Index , the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity reached 86 percent, more than 12 percentage points higher than in 2009 at the height of the Great Recession. Thus a record number of entrepreneurs (and team members) are getting rich.
Too many entrepreneurs still believe that “if we build it, they will come.” With today’s overload of information from digital as well as conventional sources, even the best new solutions and services won’t get traction without real marketing. Determine the best digital channels and marketing objectives.
After all, Glossier’s founder and CEO Emily Weiss is very, very far from the first entrepreneur to profit off of our desire to look good. Like with many consumer brands geared toward women, we buy in not just because of the marketing, but because of the product itself. And who cares? She stepped down from that company in 2020.
Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. He is also a long-time entrepreneur. You'll be able to browse all of those contributions here. www.science-inc.com).
As an advisor to startups and an angel investor, I encounter many Millennials as entrepreneurs who are leaders and great role-models for the rest of us in business. Most great entrepreneurs, including Steve Jobs, Bill Gates, and Michael Dell, have talked about their failures as the key to later success.
The funding environment for tech startups is an ever shifting ground as we go through predictable shifts that go hand-in-hand with the slowing of the overall market. This works in a booming market or in a company that never hits any headwinds. The market eventually slowed down. Non VC Growth Rounds. VC Infighting.
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