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Should Startups Care About Profitability?

Both Sides of the Table

They actually lost about $175 million in cash in that quarter, FWIW. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. For example, look at the following graph. The example chart is not actually atypical. See appendix if you want to know more on this.)

Startup 227
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Play the prologue of ‘Linda & Joan,’ a video game about the worst year of its creator’s life

TechCrunch LA

Quinn recalled returning to Los Angeles afterwards and “trying to unpack all of this trauma that had happened.” For example, he delayed creating a 3D model of his mother, instead letting a pink cylinder stand in for her character, because he worried that her death would “become far too real once I put her in the game.”

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How VCs Think About Adding New Partners

Both Sides of the Table

She has been in operations in Seattle and Los Angeles. But Kara is the perfect example of somebody who built the skills early, hopped out to get operating experience for years before returning back to the Dark Side. That’s why Greg Bettinelli has become such a successful partner addition to Upfront.

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Angel Investment Criteria

SoCal CTO

I’m planning on going to a Tech Coast Angels mixer tomorrow and the topic for me is whether there is angel funding out there for startups that don’t meet classic VC models. By way of background for the question, there’s a great post by Bob Aholt, a Pasadena Angel: An Angel Investor’s Thoughts on Valuation. So get real.

Invest 205
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What Entrepreneurs Should do about Price Fixing

Both Sides of the Table

We all know about AngelGate by now. Here’s what you need to know… As a funny coincidence I happend to have written about the topic of collusion 3 weeks prior to the fateful dinner. But the majority of VCs & Angels all speak. I’ll give you an example of information flow at its worst.

Pricing 292
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TX Zhuo Talks About LA's Newest Venture Fund, Karlin Ventures

socalTECH

One of the biggest complaints that local entrepreneurs have with Los Angeles has been a dearth of local sources of venture capital. We sat down with TX Zhuo , who is heading up the firm's venture investments, about the fund and his path here after a recent stint at Eric Schmidt's Innovation Endeavors fund in Palo Alto.

Funding 253
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Richard Wolpert Talks About The Soul Of A Deal, And How To Get That Deal Done

socalTECH

Richard Wolpert is a well known investor in the Los Angeles technology community, through his own fund, Chance Technologies; as a Venture Partner at Amplify.LA We caught up with Richard to learn more about the book and deal making. What's the book all about? It's a very interesting story for people to read about.

Startup 147