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Is it YOU or your great plan?

Berkonomics

Checking with professional investors from angels to VC’s, the answer appears to be near unanimous: the quality of the proposed or actual management team comes in a strong first before the attractiveness of the business plan itself. Here’s a test: Several weeks ago, we published statistics of start-up and company failures.

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Which is more important: Management quality or a better plan?

Berkonomics

Checking with professional investors from angels to VC’s, the answer appears to be near unanimous: the quality of the proposed or actual management team comes in a strong first, before the attractiveness of the business plan itself. None of this is to say that an inexperienced entrepreneur cannot lead a great new business.

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4 Key Components Of Every New Business Financial Plan

Startup Professionals Musings

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. Check competitor numbers and industry average statistics to get you in the right range. Calculate investment amounts and timing.

Startup 116
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Digital Media Investments & The Future of Los Angeles Startups with Manatt Digital Media

Tech Zulu Event

Manatt Venture Funds, which we dedicate a specific portion of our funds to targeted digital media investments, is also part of the Manatt Digital Media network. More interest and money invested in LA. No matter what we say, the statistics are what they are and invested capital in Silicon Valley still dwarfs Southern California.

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4 Simple Steps Will Get Startup Financial Projections

Startup Professionals Musings

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
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Micromobility in limbo: Takeaways from Paris and LA

TechCrunch LA

We decided to take a look at two cities that were at the forefront of the e-scooter revolution – Los Angeles and Paris. But looking at the scattered statistics of how scooters are used in Paris, it’s possible that scooters aren’t providing the value that cities need – namely, limiting car usage. Los Angeles: City of Autos.

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10 Quotes You Should Never Use Around A Business Plan

Startup Professionals Musings

If you are not in that rare category of known and proven entrepreneurs, you should avoid the following list of my top ten turnoffs that I have personally experienced as an angel investor. Investors invest in the jockey, more than the horse. Too much detail at first contact is just as much of a turnoff as no information.