Berkonomics

APRIL 14, 2022

For example, direct response ads yield precise statistics, and the pay–off is easily measurable. We angel and venture investors look to build brand and enterprise value, sometimes at the direct expense of profitability or even revenue. Measuring your results. Creating value, the old fashioned way. first appeared on BERKONOMICS.

Advertising 156

Advertising Statistics Pricing Email 156

TechCrunch LA

FEBRUARY 11, 2020

Hyundai Motor Group said it will jointly develop an electric vehicle platform with Los Angeles-based startup Canoo, the latest startup tapped by the automaker as part of an $87 billion push to invest in electrification and other future technologies. Canoo said it will provide engineering services to develop the electric platform.

Startup 310

Startup Develop Development Platform 310

TechCrunch LA

OCTOBER 29, 2021

Salted , a Los Angeles-based startup creating digitally native quick-service restaurant brands, brought in a new round of $16 million in Series A funding to continue its nationwide expansion. million in annual sales, he added. Applebaum expects to have over 50 locations by next year.

Funding 186

Funding Los Angeles Invest Examples 186

TechCrunch LA

NOVEMBER 3, 2020

The upstart, based in Los Angeles, connects fans to the game-worn apparel of their favorite athletes through a sweepstakes-style model. With each sale, 70% of money raised goes toward a cause of the athlete’s choice. For example, Pat Connaughton’s Jersey made $2,164 on Mov versus $560 on the NBA auction site.

Startup 306

Startup Los Angeles Platform Commerce 306

socalTECH

JULY 17, 2019

We have a studio here in Los Angeles with over 40,00 square feet of space, and we bring in several hundred vehicle every model year, shooting them the same way with the same consistent lighting and angles. For example, there's that issue if dealers don't have inventory on the lot.

Sales 124

Sales Research Content Edmunds 124

TechCrunch LA

MAY 13, 2018

On a mild Thursday night at the Los Angeles Forum , Nike’s public relations team and a group of journalists from some of the country’s leading lifestyle, tech, and general interest websites gathered to see the debut of Nike’s most ambitious SNKRS stash drop.

Los Angeles 227

Los Angeles Report Activity Sales 227

socalTECH

NOVEMBER 21, 2013

In one more example of why Southern California has become a hotbed for new, technology-based startups, a group of local Benedictine monks in Valyermo--just north of Los Angeles near Palmdale--apparently has its own, hot e-commerce startup, MonksInk.com.

Commerce 180

Commerce Southern California Palmdale SoCal 180

Both Sides of the Table

JULY 21, 2014

We’ve had an explosion of alternate sources of financing from crowd-sourcing, angels, accelerators, incubators, corporates, corporate incubators. I remember, for example, when business intelligence swept through companies globally. Have sales bonus plans based on more than just sales targets.

Marketing 354

Marketing Case Study Metrics Sales 354

Tech Zulu Event

AUGUST 5, 2013

With unrivaled weather, a host of high-profile universities and unlimited array of daytime and nightlife entertainment, Los Angeles seems like a dreamland for young tech professionals and the companies hoping to employ their talents. The post The Talent Tourniquet | Making Los Angeles Startup Friendly appeared first on TechZulu.

Los Angeles 98

Los Angeles Startup Angel Southern California 98

Both Sides of the Table

JUNE 27, 2021

When you first start your career as an investor (or when you first start writing angel checks) your main obsession is “getting into great deals.” the sale of the company for $1 billion. Many angels I know have signed over more than their comfort level in just 12 months and then feel stuck. It was ~30 days from bankruptcy.

Funding 294

Funding Startup Writing Invest 294

TechCrunch LA

OCTOBER 5, 2020

“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. ” I don’t doubt that he means it.

Technical Review 343

Technical Review Startup Marketing San Diego 343

Both Sides of the Table

JUNE 17, 2017

The most obvious way to explain this is with sales people. If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. For example, look at the following graph.

Startup 227

Startup Venture Capital Sales Course 227

Startup Professionals Musings

APRIL 17, 2022

As a long-time business advisor and angel investor, I’m a believer that “two heads are better than one” in building a new business. Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. Feels a real passion and love for their role.

Software Review 154

Software Review CTO Hire Outsource Development Startup 154

Startup Professionals Musings

MAY 14, 2023

Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Social media is not rocket science.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

Startup Professionals Musings

MARCH 3, 2021

Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you. For example, if you have ever watched the Shark Tank show on TV, they always ask about the cost of customer acquisition.

Entrepreneur 162

Entrepreneur Social Media Examples Metrics 162

Startup Professionals Musings

FEBRUARY 5, 2020

See the story of Elizabeth Holmes and Theranos for an example of product snags leading to a disaster. Funding is depleted before customer sales ramp up. The solution here is to never stop the fundraising cycle, moving quickly from friends and family, to angels, to venture capitalists.

Startup 131

Startup Entrepreneur Examples Customer 131

Startup Professionals Musings

SEPTEMBER 13, 2022

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. An example would be getting free office space by agreeing to be the property manager for the owner.

Startup 136

Startup Technical Review Equity Incubator 136

Startup Professionals Musings

MARCH 26, 2021

I know from experience that my friends who are angel investors are looking for the same indications, although none of us has a scorecard , or even know exactly what we are looking for. For example, I worked with an entrepreneur a while back who was clearly intelligent, had a great idea, and communicated well.

Entrepreneur 136

Entrepreneur Ideas Examples Mentor 136

Both Sides of the Table

DECEMBER 27, 2011

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. For example, look at the following graph. Amazing growth!”

Startup 418

Startup Venture Capital Sales Technical Review 418

socalTECH

DECEMBER 27, 2018

Here, we have the thoughts of Rob Freelen , Los Angeles Market Manager for Silicon Valley Bank (www.svb.com). Here are five exciting examples (in alphabetical order): Appetize, a cloud-based point-of-sale platform for large venues, recently raised funding from Shamrock Capital Advisors, the NFL and the Dodgers. Prior to the L.A.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

Berkonomics

SEPTEMBER 24, 2015

Dave’s note: Our guest author this week is John Huston, founder of the 300+ member Ohio TechAngel Funds and a past Chairman of both the Angel Capital Association and the Angel Resource Institute. . So, rarely will this strategy or outcome enable investors to reap their target in a sale. By John Huston.

Layoffs 120

Layoffs Sales Acquisition Startup 120

socalTECH

DECEMBER 11, 2019

Sotsky is an experienced entrepreneur, who last founded and led Hopscotch; The OIX is backed by Brett Markinson, the angel investor who has backed such companies as Hautelook and LowerMyBills. He has a family office out of both Los Angeles and Connecticut. If you're on the technical side, have a great sales and marketing co-founder.

Startup 100

Startup Venture Capital Southern California Entertainment 100

Startup Professionals Musings

MAY 6, 2023

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. The wealth of data available online is already much larger than the entire Library of Congress, and much more current.

Statistics 120

Statistics Research Report Newsletter 120

Tech Zulu Event

OCTOBER 31, 2011

BlogWorld and New Media Expo 2011 comes to Los Angeles and its finally here. Peter Shankman is a spectacular example of what happens when you merge the power of pure creativity with Attention Deficit Hyperactivity Disorder (ADHD) and a dose of adventure, and make it work to your advantage.

Los Angeles 75

Los Angeles Angel Social Media Media 75

TechCrunch LA

OCTOBER 26, 2021

One recent example of this phenomenon is Tamsyn Muir’s “Gideon the Ninth,” published in 2019, which the New York Times called “a devastating debut that deserves every ounce of hype it’s received.” This is different from how sales work in the existing art world.

Writing 196

Writing Outsource Development Technical Review Examples 196

TechCrunch LA

SEPTEMBER 13, 2021

While some of these have been to help it expand geographically (it made 10 acquisitions in the Los Angeles area alone), many have also been made to double down on technology. GrubMarket has snapped up no less than 40 companies in the last three years. and Canada.

Startup 249

Startup Platform Software Los Angeles 249

SoCal CTO

MARCH 18, 2010

Vince: I’m an author, speaker and management consultant with a special expertise in online media sales. I started out as screenwriter, went into local television, ran ad sales in the west for AOL and joined Facebook in the companies very early days. Example here: [link]. You’ve got a REALLY diverse background. I run a lot.

Startup 225

Startup Los Angeles Twiistup Social Network 225

socalTECH

NOVEMBER 4, 2016

Los Angeles-based Hollar , the online bargain gifts and products retailer which just pulled in a big $30M funding round, has launched a "treasure hunt" to encourage its users to visit the site more often. For example, those Beats headphones, which normally cost $200, are going for $10--if you are able to find them fast enough.

Examples 100

Examples Los Angeles Pricing Sites 100

socalTECH

MAY 22, 2019

It's all about a social organization, like a Boy Scout group, a Girl Scout group, a religious organization like a church, K-12 such as when they do field outings, but also holiday parties and company meetings, sales force organizations. For example, if they're using Signupgenius, or Evite, then we're not trying to convert them.

Startup 212

Startup Evite Organization Software 212

Startup Professionals Musings

SEPTEMBER 30, 2023

Unfortunately, in my experience as an angel investor, about ninety percent of new business efforts fall short , leading me to believe that many of you may be better off staying where you are. He also still gets excited to donate one percent of sales to environmental groups around the world.

Startup 94

Startup Ideas Metrics Entrepreneur 94

socalTECH

MAY 28, 2013

To bring that ability to name your own price on products, Los Angeles-based Greentoe (www.greentoe.com) recently launched, allowing consumers to name their own price to retailers of everything from electronics to baby products. Once you put your offer in, you enter your credit card, and you commit to the sale.

Pricing 273

Pricing Product Help Sales 273

Startup Professionals Musings

MAY 8, 2022

For example, is the person who starts a new trend likely to be the one who controls it through the growth phase? You don’t want to take money from friends and family, but it’s too early for angel investors and VCs. Bootstrap if you can, otherwise climb the pyramid of family, friends, angels, and VCs.

Startup 130

Startup USC Entrepreneur Statistics 130

Startup Professionals Musings

APRIL 4, 2022

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. An example would be getting free office space by agreeing to be the property manager for the owner.

Tips 104

Tips Startup Technical Review Equity 104

Berkonomics

DECEMBER 24, 2015

For example, direct response ads yield precise statistics, and the pay–off is easily measurable. We angel and venture investors look to build brand and enterprise value, sometimes at the direct expense of profitability or even revenue. There is a vast difference in the way we can measure the results of our advertising.

Advertising 120

Advertising Statistics Pricing Email 120

Startup Professionals Musings

AUGUST 19, 2020

Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. Social media is not rocket science.

Search Engine Optimization 124

Search Engine Optimization Outsource Development Social Media Equity 124

socalTECH

JULY 21, 2011

Los Angeles-based MomentFeed (www.momentfeed.com) is looking to sort through that data to help marketers better tap into location based, social networking. Could you give an example of how a customer might use your service? Rob Reed: Starbucks seems to be a good example, though they are not a client.

Social Media 248

Social Media Zumbox Media Startup 248

socalTECH

MAY 2, 2011

Los Angeles-based SaveFans (www.savefans.com) recently raised some funding for its take on secondary ticketing, so we thought we'd speak with founder Wes Brodsky about the company and where it's going. Educate us, and explain what's different about how you are handling ticket sales and how that's different from the many others out there?

Ticketmaster 253

Ticketmaster Pricing Sales Activity 253