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Keep A Real Job Until Your New Venture Shows Traction

Startup Professionals Musings

One of the big decisions every aspiring entrepreneur has to make is when to quit your current job to devote yourself fulltime to your new startup. Others wait until the new business starts to generate revenue and profit before making the move. In my experience as a startup advisor, I find the minimum time to revenue is at least a year.

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8 Smart Tips To Soliciting Friends And Family Funding

Startup Professionals Musings

It’s great to start with a big dream as you contemplate a new business, but finding the money you need takes more than dreaming. For example, I just read an otherwise impressive business plan last week from a first-timer who asked for $10 million to get started. Get started first on your own time and money.

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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

Since 2021, Upfront returned more than $600 million to LPs and returned more than $1 billion since 2018. Considering that many of our funds are in the $200–300 million range, these returns were more meaningful than if we had raised billion dollar funds. What do you do with a $650 million platform?

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The top 10 cities for $100M VC rounds in 2018 so far

TechCrunch LA

companies’ largest VC raised in 2018 , and no surprise here: the 10 largest rounds all topped out well north of $100 million. We’ve called these nine and 10-figure deals, which shine brightly in the media and are hefty enough to bend the curve of VC fund sizes upwards, “ supergiants ” after their stellar counterparts. Superclusters.

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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

My biggest takeaway this year was truly understanding the strength and cohesion of the Los Angeles startup community. There was no monetary reward for those who participated (and Startup Boost does not take fees or equity from the companies that we help). What was the biggest news for your organization in 2018?

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Fika Ventures raises $76M to fund the growing LA tech ecosystem

TechCrunch LA

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures , a seed-stage venture capital firm, announces its sophomore investment fund. Fika invests roughly half of its capital exclusively in startups headquartered in LA, with a particular fondness for B2B, enterprise and fintech companies.

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London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

TechCrunch LA

More than 5,000 startups were surveyed to create the data. According to the research, VC investment into London-based impact tech startups has grown by almost 800% (7.8 At a national level, the United States received more VC funding for impact tech companies than any other country in the past five years, with investors pumping $35.8