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Why You Don’t Want to Give Financial Information to All of Your Investors

Both Sides of the Table

The trends are well understood: more angels, more seed funds, more crowdsourcing and so forth. I have blogged about some of the downside consequences of the changes and the private information I have says the consequences are much worse than is reported in the press since few people publicly talk about. There is a reason for this.

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TriNet sent remote workers an email that some thought was a phishing attack

TechCrunch LA

It was the one of the best phishing emails we’ve seen… that wasn’t. Phishing emails are designed to impersonate companies or executives to trick users into turning over sensitive information, typically usernames and passwords, so that scammers can log into online services and steal money or data.

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What’s the minimum information to give your investors?

Berkonomics

Every investor wants regular information from companies taking their money. On the other side, entrepreneurs and CEO’s usually have a natural fear of giving too much information to us investors after the initial investment is received. Email readers, continue here…] Prepare for your annual meetings well.

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Grindr Vulnerability Allowed Takeover With Just Email Address

socalTECH

A now-fixed security vulnerability on the app of Los Angeles-based Grindr would allow a hacker to take over control of any of the site's users, requiring only knowing a user's address. The vulnerability is not the first for Grindr, which had a widely publicized location information leak last year. READ MORE>>.

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Why You Should Think Twice Before You Send That Intro Email

Both Sides of the Table

They are your route to angel money. And in most cases I would heed Fred Wilson’s advice about the “double opt-in” email for intros – where you ask for permission before green-lighting an unsolicited introductions. People need access to angels and VCs. Your entrĂ©e to sales meetings. Helping Access Money.

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How much information do you give to investors?

Berkonomics

There is a natural fear of giving too much information to investors after the initial investment is received. CEO’s worry that investors will not keep the information confidential and that financial data will find its way into competitors’ hands. Email readers, continue here.]

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Elementary Robotics raises cash to expand in Los Angeles’ growing robotics hub

TechCrunch LA

million in seed funding to begin building a manufacturing facility and expand its presence in Los Angeles as the city continues to grow as a hub for robotics and automation. . Gross and Barnehama met through a mutual friend in the robotics industry in Los Angeles, the chief executive of Embodied, Paolo Pirjanian, Barnehama wrote in an email.