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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? And it changed the culture.

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Soraa Unveils LED Lighting Product

socalTECH

Soraa , the UC Santa Barbara spinout funded by Khosla Ventures, NEA, and NGEN Partners, has unveiled its first product, a new LED lighting lamp. Soraa, which was started in Goleta, said its Soraa LED MR16 lamp is intended as a replacement for traditional, halogen MR16 bulbs. Pricing on the LED lamps has not been released.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

In this three-part series I will explore the ways that the Venture Capital industry has changed over the past 5 years that I would argue are a direct result of changes in the software industry, not the other way around. So it’s unsurprising that typical “A rounds&# of venture capital were $5-10 million.

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Gift Guide 2017: Star Wars Gadgets and Gear

Tech.Co

Star Wars 3D Mega Lamps, $40. These 3D LED lamps add a little flair to your room, and all run with a lifespan of 50,000 hours so that you’ll get the most for your money. They produced a functioning toy version of the astromech droid, which sold out in 24 hours. Millennium Falcon Metal Bottle Opener, $1.

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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

This is part of my ongoing series about Raising Venture Capital. With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. Look at Josh Kopelman over at First Round Capital. The contra is also true.