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Do you really need a board of directors?

Berkonomics

They protect the company by overseeing the expenditure of company money for expansion, acquisitions, purchases of large assets, hiring of senior management and more. This could happen when a board votes to take in new money at terms that would be unfavorable to the class of investor represented by the board member.

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5 Venture Periods Call For Unique Funding Strategies

Startup Professionals Musings

On the other hand, if you are a new entrepreneur, still in the idea stage, professional investors will only tell you to come back later when you have traction (customers and revenue). This is the exit stage for the entrepreneur, and for all earlier investors. The ride has been fun, but I need my money out to start the next big thing.”

Funding 125
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Accelerator To Exit In 14 Months, With Eli Portnoy of ThinkNear

socalTECH

There's been a sudden surge in accelerator in Southern California, looking to help get startups off the ground and funded. But, do they really help? Congrats on the acquisition! How did the acquisition come about? Because we are able to reach the right person, we can help get them that last mile to the retailer's store.

Startup 225
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Are You an Entrepreneur?

InfoChachkie

Hint: He was an entrepreneur. The same is true of entrepreneurs. Entrepreneurship is so highly valued in the Western World that some people try to convince themselves that they are an entrepreneur, when in fact they would be better off at a Big Dumb Company (“BDC”). Entrepreneur Does Not Equal Inventor.

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Ten Ways for an Entrepreneur to Expand His Reach

Startup Professionals Musings

As an entrepreneur, you always need to be on the lookout for ways to expand your current business, and always on the lookout for your next big thing. They know you and your brand, so this should minimize your customer acquisition cost for the new product. Tags: entrepreneur startup new opportunities business. Marty Zwilling.

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Performance marketing agency MuteSix bets on content and data to boost DTC e-commerce

TechCrunch LA

“They demonstrate best-in-class expertise with Facebook and Google paid ad platforms. They also have a very smart and efficient approach to creative development that was critical to helping us scale,” she wrote. (If Have you worked with a talented individual or agency who helped you find and keep more users?

Commerce 211
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Interview with Bong Koh, LifeCrowd

socalTECH

Earlier this month, Los Angeles-based LifeCrowd (www.lifecrowd.com) unveiled its service to help connect people with real life activities. The firm is initially focusing on the Los Angeles market, and connecting people with fun, interesting classes, activities, and more in the local area. Obviously, Prism is a great example.

Startup 271