Berkonomics

JUNE 8, 2017

You will realize much more from the ultimate sale of your business even if at a considerably lower price than if splitting the proceeds with investors. Strategic investors validate a business, by their presence creating the very value they pay for with increased price per share purchased. There is a lot to say about retaining control.

Venture Capital 266

Venture Capital Class Invest Equity 266

Both Sides of the Table

SEPTEMBER 10, 2021

On the other hand, the biggest winners will turn out to be much larger than the prices people paid for them and this will happen faster than at any time in human history. At Upfront we have always done 40% of our investing in Greater Los Angeles and it’s precisely for this reason. We aren’t going to win every great deal in LA?—?there

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Startup Professionals Musings

FEBRUARY 5, 2021

If you don’t have a destination, don’t waste your money trying to get there, and don’t expect anyone to support you along the way Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value.

Startup 147

Startup Pricing Sales Statistics 147

TechCrunch LA

MAY 20, 2021

Eano, she said, offers competitive and transparent pricing so that homeowners aren’t surprised as a remodeling project goes on. For now, Eano is operating in the Bay Area and Los Angeles, with plans to expand to Seattle and Houston this year. And in the first quarter of this year, business was up 70% year over year.

Technical Review 185

Technical Review Startup Venture Capital Software Review 185

TechCrunch LA

JUNE 10, 2021

in markets such as New York and Los Angeles. They can also do things like initiate refunds, track deliveries and get price-drop notifications. With this round, the company is again giving 1% of the equity raised back to the planet. True competition is coming to this space, this decade,” he said. billion valuation.

Los Angeles 266

Los Angeles Funding CIO Marketing 266

TechCrunch LA

DECEMBER 8, 2020

He did note that in the four markets where the company has gone live since launching its business in January 2019 — San Diego, Los Angeles, the Inland Empire , and Sacramento — has yielded an annualized revenue run rate of over $400 million in gross merchandise value (the total value of home sales transacted on its platform).

Sales 282

Sales Demand San Diego Funding 282

Both Sides of the Table

JULY 15, 2010

. - Can you please explain convertible debt and specifically how it pertains to angel deals? Convertible debt is a loan to the company that doesn’t typically get paid back but rather “converts&# into equity when you raise a larger round at a later date. If you watch the video I go into greater detail.

Venture Capital 210

Venture Capital Seed Funding Pricing Southern California 210

Startup Professionals Musings

OCTOBER 6, 2023

A smart investor will take an independent final reading in the market on barriers to entry, active competition, demographics, and price sensitivity. Startup equity investments imply a long-term business relationship, lasting an average of five years. Traction in the marketplace.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Both Sides of the Table

MAY 23, 2010

a loan) that is later converted to equity at the time of the next financing. If no financing happened then this “note&# may not be converted and thus would be senior to the equity of the company in the case of a bankruptcy or asset sale. Maybe the market views this as not worth the price you paid?

Startup 290

Startup Funding Venture Capital Pricing 290

Startup Professionals Musings

JUNE 26, 2015

As an angel investor, what I’m looking for is key data from your business plan, including financial projections, how much money you are looking for and a quantification of my potential return. Include your sustainable competitive advantage. Quantify all the key elements of the equation, including price, margin and volume.

Summary 101

Summary Patents Technical Review Competition 101

Startup Professionals Musings

DECEMBER 11, 2017

As an angel investor and business advisor on new ventures, I expect to see five-year financial projections from every entrepreneur. Does this entrepreneur understand the basics of business costs in the selected business domain, growth dynamics, and the competitive environment? Project unit-volume and price levels.

Pricing 57

Pricing Startup Entrepreneur Invest 57

Startup Professionals Musings

AUGUST 17, 2014

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Here are some basic “rules of thumb” that every Angel or venture capital equity investor uses, to help you anticipate their reactions.

Equity 99

Equity Venture Capital Invest Pricing 99

Both Sides of the Table

JULY 16, 2010

So even within the “alternative class&# our LPs are looking at other asset investment choices such as distressed buyout funds, private equity or hedge funds. There are also super angels that are so numerous I’d rather just link to the best list out there, which is VentureHacks’ AngelList. VC will shrink.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Both Sides of the Table

SEPTEMBER 29, 2013

My favorite new VC blogger, Hunter Walk, weighed in with some thoughtful comments about how Syndicates might actually pit, “ angel vs. angel.” AngelList 101 : As you know, AngelList is a platform where angels can invest in semi-screened tech deals. They will have to negotiate price and terms. Kind of obvious.

Venture Capital 356

Venture Capital Invest Course Technical Review 356

Startup Professionals Musings

MAY 28, 2013

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Here are some basic “rules of thumb” that every Angel or venture capital equity investor uses, to help you anticipate their reactions.

Startup 97

Startup Equity Entrepreneur Venture Capital 97

Both Sides of the Table

JUNE 30, 2011

The result was a massive increase in startups & a whole group of new funding sources: both angels & “micro VCs&#. With more competition in early-stage many VCs are investing smaller amounts at earlier stages. Brick wall = lost money for early-stage capital primarily concentrated on angels.

Venture Capital 289

Venture Capital Capital Cloud Computing Marketing 289

Startup Professionals Musings

JANUARY 4, 2015

If you don’t have a destination, don’t waste your money trying to get there, and don’t expect anyone to support you along the way Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value.

Entrepreneur 102

Entrepreneur Startup Pricing Sales 102

Tech Zulu Event

MARCH 16, 2015

There’s plenty of capital out there, but there’s also a lot of competition for startup funding. Angels (invest their own money) and super angels. If you’re raising funds from angels you’ll likely need to get investments from several different players. Expect to be diluted by 20-25% with each equity round.

Startup 40

Startup Venture Capital Equity Funding 40

Both Sides of the Table

JULY 11, 2010

We know prices of deals, compensation, who’s doing well / poorly, etc. You will be surrounded by loads of like-minded people all looking for work space at an affordable price and all, presumably, interested in meeting and interacting with other startups. We then held the Open Angel Forum there in the evening.

Startup 285

Startup Venture Capital Incubator Entrepreneur 285

Berkonomics

JANUARY 20, 2010

You will realize much more from the ultimate sale of your business even if at a considerably lower price than if splitting the proceeds with investors. Strategic investors validate a business, by their presence creating the very value they pay for with increased price per share purchased. There is a lot to say about retaining control.

Venture Capital 174

Venture Capital Invest Class Entrepreneur 174

socalTECH

MARCH 6, 2017

Los Angeles-based Maple Media (maplemedia.io) recently announced a big, $30M funding from Shamrock Capital, to assemble a collection of mobile applications in the utility, productivity, games and entertainment verticals. You're known as quite the angel investor here in companies (ie. What's the idea behind Maple Media?

Media 153

Media Mobile Startup Acquisition 153

Startup Professionals Musings

JULY 27, 2018

As an occasional angel investor, I always ask for a business pitch to get me in the mood. Business model showing costs, pricing, and margins. Intellectual property and sustainable competitive advantage. Specific investment size request, and equity offered. Solo entrepreneurs have a hard time finding an investor.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

AUGUST 13, 2012

It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Competition and sustainable advantage. List and describe your competition, direct and indirect, including customer alternatives. Asserting you have no competition is not credible.

Competition 113

Competition Metrics Startup Invest 113

Startup Professionals Musings

NOVEMBER 21, 2016

Even non-profits need money to scale, but their pitch should be to philanthropists, not equity investors. Smart entrepreneurs highlight their own positives in competitive positioning, rather than competitor negatives. Equity investors are buying a chunk of your company at today’s value, not what you think it may be worth in five years.

Funding 98

Funding Startup Innocal Entrepreneur 98

Tech Zulu Event

MAY 9, 2013

Earlier, the firm said that FF Angel, Siemer Ventures, 500 Startups , and Peter Thiel (co-founder of PayPal), among others, had invested $1.6 VDR customers also suffer poor workflow, difficult set-up, and exorbitant pricing plus hidden per-page charges but, CapLinked is easy to set up, workflow-friendly, and has transparent pricing.

Draper 68

Draper Google Software Engineering Invest 68

Startup Professionals Musings

MAY 13, 2011

It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Competition and sustainable advantage. List and describe your competition, direct and indirect, including customer alternatives. Asserting you have no competition is not credible.

Competition 116

Competition Metrics Startup Sales 116

Both Sides of the Table

JANUARY 21, 2010

When to get a lawyer - If you plan to be a venture or angel backed technology company (what I mostly write about) the best time to start meeting and getting to know lawyers is long before you ever start your company. You never got around to agreeing exact equity splits but you had many conversations about it.

Startup 318

Startup IP Southern California Entrepreneur 318

Both Sides of the Table

APRIL 19, 2011

Since selling Matt has gone on to become one of the smartest angels I have seen operate. People want to invest in people they trust – once you’ve made money for someone you can always go back, and even get better pricing. o Everything is for sale but it’s the price that moves the timing. He told them it was now or never.

Acquisition 304

Acquisition Startup Customer Custom 304

Both Sides of the Table

SEPTEMBER 28, 2014

But the biggest thing to know is this: Companies who are scaling quickly in revenue and with a high gross margin often should invest as much capital in growth as they can manage responsibly because when you find a product / market fit and your company is growing at a very fast scale you want to capture market share before competition sets in.

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

MAY 27, 2013

In addition to helping manage the board Chris also helps represent the interests of the angel investors / common stock holders. Oh, and did I mention: Roger – NYC, Rob/Rory – NorCal, Nick/Chris – London & me – Los Angeles. Each of your angels or seed investors may have 20-30 investments. Assign away.

Tips 365

Tips Email Venture Capital CTO Coach 365

Startup Professionals Musings

APRIL 22, 2010

It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Competition and sustainable advantage. List and describe your competition, direct and indirect, including customer alternatives. Asserting you have no competition is not credible.

Invest 74

Invest Tips Competition Metrics 74

Startup Professionals Musings

SEPTEMBER 30, 2013

It doesn’t prove your business model of pricing, distribution, and support. Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. It’s also the keystone to convincing investors that you have a “sustainable competitive advantage.” Letters of intent or endorsement.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

Startup Professionals Musings

AUGUST 31, 2012

It doesn’t prove your business model of pricing, distribution, and support. Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. It’s also the keystone to convincing investors that you have a “sustainable competitive advantage.” Letters of intent or endorsement.

Startup 104

Startup CTO Hire Press Customer 104

Both Sides of the Table

MAY 13, 2018

For simplicity I’ll assume you’ve raised some money from angels or seed investors and you’re either raising an A round or a B round of venture capital. As a VC I of course want you to come see only me because that means I have no competition and have time to properly get to know you. How Many Investors Should You Speak With?

Venture Capital 332

Venture Capital Funding Startup Sales 332

Startup Professionals Musings

JUNE 17, 2011

It doesn’t prove your business model of pricing, distribution, and support. Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. It’s also the keystone to convincing investors that you have a “sustainable competitive advantage.” Letters of intent or endorsement.

Startup 101

Startup CTO Hire Press Customer 101

Startup Professionals Musings

MAY 22, 2010

It doesn’t prove your business model of pricing, distribution, and support. Funding for pre-revenue startups used to be the domain of angel investors, but they have moved up-stage. It’s also the keystone to convincing investors that you have a “sustainable competitive advantage.” Letters of intent or endorsement.

Tips 88

Tips Startup CTO Hire Press 88

Berkonomics

APRIL 24, 2014

Although that is still a good idea in many cases, there is a recent alternative available to some entrepreneurs on a competitive basis that seems most attractive and positive. I used to tell them to find a partner with knowledge in business creation and management. Are you a candidate for an accelerator?

Coach 250

Coach Seed Funding Summary Incubator 250