socalTECH

SEPTEMBER 27, 2016

E-sports franchise ,a href="[link] Liquid , which operates ten different e-sports teams with more than 50 players in total, has been acquired by a group of entrepreneurs led by Peter Guber and Ted Leonsis. Financial terms of the acquisition were not disclosed. READ MORE>>.

Media 100

Media Entertainment Google Acquisition 100

Startup Professionals Musings

DECEMBER 24, 2022

I’m convinced that’s why most mature companies are slowing down or buying their innovation through acquisition, rather than building it. True entrepreneurs, like backpackers, are ready to explore new terrain, more open to new possibilities, and don’t get stuck in yesterday’s practices. Reverse the learning role with new team members.

Competition 102

Competition Company Companies Startup 102

Startup Professionals Musings

JULY 3, 2015

The visibility of Google, Facebook and a few others continues to propagate the myth that the ultimate objective of every entrepreneur should be to take their startups public via an initial public offering at the earliest opportunity. Everyone thinks this is the route to become the next billionaire like Mark Zuckerberg.

Entrepreneur 98

Entrepreneur Startup Report Statistics 98

Startup Professionals Musings

MARCH 20, 2020

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. New players jump in, and existing players broaden their offerings to cover the same territory. Customer acquisition gets harder and more expensive.

Pricing 123

Pricing Cloud Computing Customer Custom 123

Startup Professionals Musings

OCTOBER 6, 2023

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal. My best advice is to stick to the middle ground.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Startup Professionals Musings

JANUARY 17, 2022

Based on my experience advising new businesses, all of the principles that he outlines, including the following subset which I generalize here, should be taken to heart by every entrepreneur: Give customers fewer things that matter more. For many companies, the long game is choosing the right strategic partners and acquisitions.

Startup 144

Startup Social Media Metrics Customer 144

Startup Professionals Musings

MAY 15, 2022

Thus it behooves every entrepreneur to start watching these things more carefully from the very start. This business phase is where every entrepreneur starts. Consider MySpace and Webvan. By definition, most startups begin as a result of some innovation in product, process, or service. Geographic expansion. Product-line expansion.

Startup 142

Startup Web 2.0 IBM IBM 142

Startup Professionals Musings

NOVEMBER 29, 2015

I’m convinced that’s why most mature companies are slowing down or buying their innovation through acquisition, rather than building it. True entrepreneurs, like backpackers, are ready to explore new terrain, more open to new possibilities, and don’t get stuck in yesterday’s practices. Reverse the learning role with new team members.

Entrepreneur 59

Entrepreneur Startup Satisfaction Ideas 59

InfoChachkie

JULY 14, 2009

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.

Entrepreneur 153

Entrepreneur Ideas Writing Startup 153

socalTECH

SEPTEMBER 10, 2015

We caught up with co-founder and COO Alexander Israel late yesterday, ahead of the announcement, to have a quick chat with him about the acquisition and his experience--along with co-founder Sam Friedman--of starting up and selling his company. How'd the acquisition come about? The acquisition really has brought things to fruition.

Santa Monica 100

Santa Monica Startup Acquisition Ideas 100

InfoChachkie

FEBRUARY 22, 2011

On September 8, 1965, baseball player Dagoberto Campaneris Blanco became the first major leaguer to play all nine positions in a nine-inning game. Despite his status as an all-star shortstop, Bert proved himself to be a selfless utility player. Over his career, he played all three outfield positions, as well as second and third base.

Startup 222

Startup Coach Sales Entrepreneur 222

socalTECH

JANUARY 9, 2014

The online coupon search industry is very crowded, with dozens of sites, players large and small, and is a very confusing landscape for consumers. Is there an opportunity to rise above the crowd, and become a leading player in the industry for a startup? There are lots of large players, and lots of small players.

Internet Brands 257

Internet Brands Content Startup Sites 257

Startup Professionals Musings

MARCH 29, 2020

I’m convinced that’s why most mature companies are slowing down or buying their innovation through acquisition, rather than building it. True entrepreneurs, like backpackers, are ready to explore new terrain, more open to new possibilities, and don’t get stuck in yesterday’s practices. Reverse the learning role with new team members.

Startup 122

Startup Entrepreneur Satisfaction Ideas 122

Startup Professionals Musings

JANUARY 24, 2021

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal. My best advice is to stick to the middle ground.

Technical Review 151

Technical Review Startup Satisfaction Invest 151

Startup Professionals Musings

NOVEMBER 14, 2015

Every entrepreneur is quick to tell friends and potential investors about his or her vision of changing the world, about all the customers who have expressed an interest, and about all the other investors who are lining up to get a piece of the action. Is your customer-acquisition rate accelerating? Margins should be increasing.

Acquisition 100

Acquisition Entrepreneur Customer Custom 100

socalTECH

MARCH 1, 2017

We sat down with Jamie�who has been part of LA's technology industry, either as an investor or advisor since its very early days--to get his perspective on where we are today, especially as it relates to all of the companies he's worked with over the years on a more global stage and in Silicon Valley, and his advice to entrepreneurs.

Technical Review 100

Technical Review Conference Silver Lake Cornerstone OnDemand 100

Startup Professionals Musings

NOVEMBER 1, 2015

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. New players jump in, and existing players broaden their offerings to cover the same territory. Customer acquisition gets harder and more expensive.

Startup 116

Startup Pricing Cloud Computing Customer 116

Tech Zulu Event

FEBRUARY 3, 2016

We have just lived through the greatest era of fake entrepreneurs. It was a second-wave dot-com boom that lasted five to six years, when money was so readily available ( many have referred to it as the Age of the Unicorns ) that it felt like anybody could get in on the “become-an-entrepreneur” game. Usually it just means you get jobs.

Entrepreneur 40

Entrepreneur Startup Snapchat Product 40

Startup Professionals Musings

NOVEMBER 24, 2018

With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time employees. Conventional hiring strategies usually follow a vanilla approach to talent acquisition.

Demand 92

Demand Startup Training Outsource Development 92

socalTECH

FEBRUARY 15, 2019

The reason the big players have gone the online route, is just the burden of managing those local logistics. If you look at the other players, I believe, on-demand tutors will never exist. The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. Connecting people at scale is super-difficult.

Startup 113

Startup Venture Capital Beverly Hills Acquisition 113

Startup Professionals Musings

SEPTEMBER 26, 2014

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. New players jump in, and existing players broaden their offerings to cover the same territory. Customer acquisition gets harder and more expensive.

Pricing 105

Pricing Cloud Computing Customer Custom 105

InfoChachkie

SEPTEMBER 1, 2009

As stated in its official rules, the object of Monopoly is to, “become the wealthiest player through buying, renting and selling property”. A more negative way of looking at this objective is to “drive all the other players into complete and utter bankruptcy”. This is a reposting of a ‘classic’ popular post.

Outsource Development 154

Outsource Development Entrepreneur Training Startup 154

Startup Professionals Musings

OCTOBER 26, 2016

With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time employees. Conventional hiring strategies usually follow a vanilla approach to talent acquisition.

Demand 99

Demand Training Outsource Development Entrepreneur 99

Both Sides of the Table

NOVEMBER 18, 2012

It’s what life was like as an entrepreneur. But this is nothing like the stress of being an entrepreneur. What’s it really like being an entrepreneur? You probably follow some high-profile entrepreneurs on Instagram and Twitter and see conference pictures of them in Davos, Mexico, Monaco or wherever.

Blogging 420

Blogging Press Entrepreneur Venture Capital 420

socalTECH

OCTOBER 7, 2010

The firm is announcing today that it has just reached its 17 millionth registered user, having added more than 300,000 new users since its August acquisition. John Maffei: Titan Gaming was originally started by two McGill students, who were hard-core, Counterstrike players. Talk about why you did the acquisition?

Competition 154

Competition Acquisition Sites Los Angeles 154

socalTECH

JANUARY 2, 2020

Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. With customer acquisition costs (CAC) rising significantly across most products, one company experimented with a few low-cost initiatives.

Capital 100

Capital SoCal Southern California SaaS 100

Startup Professionals Musings

MARCH 13, 2020

For example, every investor I know can tell you about meeting a passionate entrepreneur who is pitching a great technology innovation, but has not done the financial homework on making it a good business. Thus the investor can’t visualize any return on investment (ROI), so the entrepreneur gets no money, and a good opportunity is lost to all.

Ideas 123

Ideas Statistics Invest Marketing 123

Startup Professionals Musings

DECEMBER 8, 2017

Unless you are a serial entrepreneur with a string of successes behind you, you need a business plan to convince investors that you can build a business out of the dream that has been driving your passion to change the world. The details can be added later. Skip the acronyms and jargon. Use concrete terms to quantify value and pain.

Startup 65

Startup Writing Patents Competition 65

InfoChachkie

OCTOBER 20, 2010

Although Mr. Jackson was assuredly a superstar baseball player, he failed to realize that even though he was indispensable, he was not irreplaceable. However, unlike Mr. Jackson, Cal was a selfless, self-effacing player who routinely played with injuries and placed his team’s victories ahead of his personal statistics. Cal Ripkin, Jr.

Statistics 212

Statistics Press Product Startup 212

Startup Professionals Musings

MARCH 3, 2018

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. New players jump in, and existing players broaden their offerings to cover the same territory. Customer acquisition gets harder and more expensive.

Pricing 52

Pricing Cloud Computing Customer Custom 52

Both Sides of the Table

JULY 10, 2010

For entrepreneurs who want to learn about how to work with investment banks, how to position yourself to be acquired and what the IPO markets look like this is the episode to watch. They have relationships that are hard for entrepreneurs to build. How to investment banks help with the M&A (mergers & acquisitions) process?

Venture Capital 242

Venture Capital Mission Ventures Capital Help 242

Startup Professionals Musings

AUGUST 21, 2019

Thus it behooves every entrepreneur to start watching these things more carefully from the very start. This business phase is where every entrepreneur starts. Consider MySpace and Webvan. By definition, most startups begin as a result of some innovation in product, process, or service. Geographic expansion. Product-line expansion.

Startup 89

Startup Web 2.0 IBM IBM 89

Startup Professionals Musings

APRIL 15, 2019

Based on my experience advising new businesses, all of the principles that he outlines, including the following subset which I generalize here, should be taken to heart by every entrepreneur: Give customers fewer things that matter more. For many companies, the long game is choosing the right strategic partners and acquisitions.

Social Media 87

Social Media Metrics Customer Custom 87

Both Sides of the Table

APRIL 12, 2018

Founder, Founder, Founder At Upfront we talk regularly about how 70% of our investment decision in Seed and A rounds is the quality of the entrepreneur and 30% is the quality of the idea. Jamie Siminoff is not only one of the single best true entrepreneurs in Los Angeles, he’s amongst the best we’ve worked with in the country.

Startup 247

Startup Pricing Product Marketing 247

Startup Professionals Musings

MARCH 12, 2018

I’m convinced that’s why most mature companies are slowing down or buying their innovation through acquisition, rather than building it. True entrepreneurs, like backpackers, are ready to explore new terrain, more open to new possibilities, and don’t get stuck in yesterday’s practices. Reverse the learning role with new team members.

Startup 51

Startup Entrepreneur Satisfaction Ideas 51

socalTECH

DECEMBER 29, 2017

Eighteen months ago, when MAKE IT IN LA's launch from Mayor's Garcetti's office was featured in a White House press release, we announced an audacious goal of reaching 1,000 entrepreneurs with our programming by the end of this year. We also started offering Factory Tour Workshops to entrepreneurs, with nearly 100 applying for the pilots.

USC 113

USC Startup News Entrepreneur 113

Startup Professionals Musings

JANUARY 17, 2015

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal. My best advice is to stick to the middle ground.

Technical Review 108

Technical Review Startup Satisfaction Entrepreneur 108