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Need money? Read this!

Berkonomics

Friends, family and fools: [Email readers, continue here…] This term, although pejorative, describes the typical mix of early investors in a small, young growing business. Professional angels: This is the arena where I work and play. Do not expect grand valuations of your enterprise from these professional angels.

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Are you thinking of the end game when managing your business?

Berkonomics

Most businesses fall into the class of those that can be sold someday to a willing buyer. Accepting venture or angel money is to create a contract between the investors and the entrepreneur that the business will someday be sold or even go public to create an exit for the investors. What creates value in a business? .

Class 226
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What’s the minimum information to give your investors?

Berkonomics

Email readers, continue here…] Prepare for your annual meetings well. If there is a concern over some investors gaining a competitive advantage, the amount of information may be reduced to the minimum for some classes of those investors. But don’t worry. Few investors will show up that day.

Class 120
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Does your business need money? Read this!

Berkonomics

Email readers, continue here…] Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. Professional angels: This is the arena where I work and play. Do not expect grand valuations of your enterprise from these professional angels.

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How much information do you give to investors?

Berkonomics

Email readers, continue here.] If there is a concern over some investors gaining a competitive advantage, the amount of information may be reduced to the minimum for some classes of investors. There is a provision that a waiver of notice may be signed preventing this need, but it requires that all shareholders sign).

Class 202
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Create equity value with every step.

Berkonomics

Most businesses fall into the class of those that can be sold someday to a willing buyer. Accepting venture or angel money is to create a contract between the investors and the entrepreneur that the business will someday be sold or even go public to create an exit for the investors. Email readers continue here.]

Equity 209
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Interview with Sam Teller, LaunchpadLA

socalTECH

There is a large menu of startup accelerators in the Los Angeles, but one of more established efforts in the area is LaunchpadLA ([link] The effort actually started as an informal mentoring program, but has grown and expanded to follow the accelerator model. For readers, LaunchpadLA is all about? At this stage, too, companies re small.

Class 261