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VCs, celebrities, and athletes are writing a new LA story to bring women’s soccer to the city

TechCrunch LA

Now the two women are co-founders of Angel City, leading a gaggle of venture capital, sports, and celebrity investors, alongside Angel City co-founder and President Julie Uhrman, in bringing a National Women’s Soccer League team to Los Angeles by the Spring of 2022.

Writing 171
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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Probably not and 10x (May 2022) seems more in line with the historical trend (actually 10x is still high). million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. By 2021 we had to write a $3.5m discipline & focus.

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6 Essential Leadership Practices Raise Accountability

Startup Professionals Musings

For example, instead of quick slide presentations, teams at Amazon write six-page memos to lay out ideas in narratives to be read in silence at the start of a meeting. Of course, to make this a culture, you have to overtly reward successes, and avoid negative penalties. Marty Zwilling First published on Inc.com on 1/12/2022.

Coach 145
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9 Principles for Getting Along With Everyone At Work

Startup Professionals Musings

Don’t let any hidden agendas or ulterior motives, such as political strategy, throw you off course. Write down your key goals and refer to this list before any interaction with your colleague. Marty Zwilling First published on Inc.com on 10/25/2022. Resist the urge to talk behind your coworker’s back.

Startup 114
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Timing and why we’re all VCs

TechCrunch LA

It’s obvious that we can be too late to these decisions of course. Start writing down predictions about people, companies, and markets. If — and it’s a big if of course — they can do that on the cheap, then why should an LP care at all? How can you practice timing? Ditto people you met a while back.

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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

Banks won’t underwrite an individual based on qualifications like their Instagram following, of course, and given that influencers don’t typically have a consistent income or a W2 statement to showcase their earnings, they may not be able to receive a bank loan to invest in their own brand. When anyone can be an influencer.

Platform 170
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Upfront Ventures Raises > $650 Million for Startups and Returns > $600 Million to LPs

Both Sides of the Table

The industry has obviously changed enormously in 2022 but in many ways it feels like a “return to normal” that we have seen many times in our industry. Obviously the funding environment has changed considerably in 2022 but as early-stage investors our daily jobs stay largely unchanged.

Startup 408