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7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Fallacy: Startup ventures tend to evolve, especially after you begin speaking with pesky customers and demanding partners. Your commitments to investors must be significant enough to compel them to write you a check.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” It’s the most common refrain I hear from investors and even entrepreneurs these days. I think there is also no denying the role that Richard Rosenblatt has played in building the LA tech ecosystem and spawning great entrepreneurs who followed in his footsteps. He built & IPOd Demand Media.

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7 Ways To Fail In Setting Up Your Board Of Directors

Startup Professionals Musings

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. Board rules and governance policies should be articulated in writing and voted upon. In my view, nothing could be further from the truth. Fail to establish adequate structure.

Startup 145
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7 Ways That Entrepreneurs Naively Misuse Their Board

Startup Professionals Musings

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. Board rules and governance policies should be articulated in writing and voted upon. In my view, nothing could be further from the truth.

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Interview with Skyler Lucci, HeyTutor

socalTECH

There's lots of noise in the on-demand tutoring space, especially connecting people virtually, however, in my experience, it's in the best interest of consumers to get in-person, local tutoring. If you look at the other players, I believe, on-demand tutors will never exist. In this industry, customer acquisition costs are super high.

Startup 113
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Interview with Fouad ElNaggar, Redpoint Ventures

socalTECH

We've been quite active, and have had a bunch of acquisitions lately -- including Internet Brands and MySpace -- a total of over 2 billion in acquisition in Southern California. We can also write checks as large as $35M out of the Omega Fund. It's difficult to add value to a portfolio company or entrepreneur.

Redpoint 154
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Don’t Let Faux Unicorns Screw Up Your Financing

InfoChachkie

If such write-downs only impacted the faux unicorns and their avaricious investors, there would be little need for alarm. The constant media coverage of the aberrant unicorn valuations has caused otherwise level-headed entrepreneurs to expect investors to participate at prices which are detached from their startups’ fundamentals.

Startup 100