Berkonomics

AUGUST 3, 2023

The subject of raising money is critical to many businesses and a passing option to others, depending upon the capital efficiency of the enterprise. Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally generated funds. There is a lot to say about retaining control.

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Venture Capital Startup Class Invest 295

Both Sides of the Table

SEPTEMBER 8, 2009

This is part of my ongoing series called “ Start-up Lessons.&#. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. I paid up for the diploma but can’t say that I saw better results.

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Startup Venture Capital Study Course 337

Both Sides of the Table

AUGUST 25, 2009

I’ve sat through a lot of VC pitches and having been CEO of an enterprise software firm for many years I’ve also sat through many customer meetings with sales teams. Tags: Pitching VCs Start-up Advice startup technology vc venture capital.

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Venture Capital Sales Startup Blogging 292

Both Sides of the Table

OCTOBER 11, 2016

After a decade on the job I’ve started to speak more openly when newer industry colleagues now ask me what I’ve learned. We then help surround founders with other talent who want to join important causes but don’t have the startup idea themselves. Fundamentally venture capital is about human capital.

Venture Capital 150

Venture Capital Capital CTO Coach Startup 150

Startup Professionals Musings

MAY 24, 2020

As a mentor to startups, I see more startups that are really an individual professional, marketing themselves as a consultant or freelancer in this new gig economy. This world changes rapidly, and needs a professional with experience in digital and conventional media to keep up. Sales Professional. Staffing Professional.

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Startup Social Media Course Entrepreneur 164

Startup Professionals Musings

FEBRUARY 5, 2021

Thus, financial projections for up to five years are a necessary element in every business plan. Per the words of an old country song, “if you don’t know where you’re going, you will probably end up somewhere else.” If you are losing money on every unit, it’s hard to make it up in volume. Forecast sales-volume expectations.

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Startup Pricing Sales Statistics 147

socalTECH

DECEMBER 23, 2020

Here, we have Greg Martin, Founder and Managing Partner of Archer Venture Capital (www.archervc.com). At Archer, we had two very successful exits with the sale of Swoop, our healthcare data business and the sale of Credit Karma to Intuit. What are you most looking forward to in the technology/startup world in 2021?

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Venture Capital Capital Technical Review Brentwood 124

socalTECH

OCTOBER 22, 2020

Earlier this week, Good Growth Capital (www.goodgrowthvc.com) announced it has started looking at investments in Southern California, adding Krisztina Holly as West Coast Venture Partner for the firm. Our Infinite Corridor Fund makes pre-seed to seed investments in transformative science startups, primarily MIT-related.

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Southern California Capital Technical Review Startup 124

Berkonomics

JANUARY 12, 2023

Management undertakes a simple exercise of calculating the increased profitability of shutting down all R&D, sales and subordinate operations, and universally notes with shock the high net profit that results – from shutting down all operations except customer service to recurring customers (as in software support operations.).

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Both Sides of the Table

JUNE 17, 2017

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!”

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Startup Venture Capital Sales Course 227

Both Sides of the Table

AUGUST 30, 2014

Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. There are bootcamps, startup classes, video interviews – the sources are now endless. Because I’ve asked more than 100 VCs similar questions I start to notice patterns in thinking.

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Startup Framework CTO Coach Sales 407

Both Sides of the Table

MARCH 31, 2012

I got an email recently from my friend & fellow VC, Jeff Bussgang from Flybridge Capital Partners in Boston. Jeff (also an HBS alum) co-teaches the LTV course with Professor Eisenmann about a student of theirs who had written a blog post about sales taking on some of my previous assertions. Specifically, 1.

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Startup Sales Course Competition 319

Startup Professionals Musings

SEPTEMBER 21, 2020

I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entrée for the first time – you need a recipe, even though it may look simple. Yet you may not be so sure where to start, and how to put it all together. Emeril Lagasse is always ready to “kick it up a notch!”

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Startup Coach Metrics Marketing 156

TechCrunch LA

AUGUST 30, 2022

Digital avatar startup Genies , known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Warehouse.” An image of the Genies platform showcasing a fashion collection designed by creator Ian Charms. Image Credits: Genies.

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Geni Silver Lake Startup Platform 219

Startup Professionals Musings

AUGUST 21, 2021

When you see startups like SpaceX and Pinterest grow from a low valuation to a billion dollars in just a few years, it’s easy to assume that if you just keep doing what you are doing, you can get there as well. Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk.

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Startup Course Sales Entrepreneur 151

Tech Coast Venture Network

APRIL 22, 2010

Virgina Lorimor There are several options for financing a start-up business that tend to follow a natural course in a business’ development: Personal Investment. This is where all entrepreneurs have to start. Angel Investors & Venture Capital. Tags: Funding General financing funding startup.

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Startup Professionals Musings

JANUARY 6, 2023

In fact, there are a host of reasons why a non-focused startup business is more likely to struggle for survival, lose market and investor attention, and miss out on the opportunity to capitalize on their scope: Time to market is tied to the size of your offering. No startup can implement a broad strategy quickly enough to stay ahead.

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Startup IBM IBM Social Media 114

Berkonomics

APRIL 20, 2023

Starting a company is HARD – in so many ways. Let’s start with a restaurant -not our thing. But… I read several years ago that the average startup restaurant lasts only about a year. Restaurant startups would not top my list. And this includes all businesses, not just startups. And risky too. Data does not lie.

Statistics 156

Statistics Startup Study Invest 156

socalTECH

FEBRUARY 27, 2019

SpyCloud , a startup which develops cybersecurity products used to prevent account takeovers and which is backed by Santa Monica-based March Capital Partners , has raised $21M more in a Series B funding round, the company announced this morning. March Capital Partners co-led the Series A funding round for SpyCloud in 2018.

Capital 113

Capital Santa Monica Venture Capital Research 113

socalTECH

APRIL 12, 2017

Fullerton-based Digsy has rolled out a new, sales software platform specifically aimed at helping commercial real estate brokers better manage their sales teams. The startup said the new software helps commercial real estate pros convert more prospects into deals. The startup is led by CEO Andrew Bermudez. READ MORE>>.

Sales 124

Sales Tech Coast Angels Software Training 124

Berkonomics

JANUARY 28, 2021

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up pre-money valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. The post Don’t get hung up on early stage valuation.

Outsource Development 156

Outsource Development Startup Outsource Venture Capital 156

Startup Professionals Musings

JULY 17, 2020

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. Don’t start by committing more than you can afford to lose. Testing for real is the assumption behind approaches such as Lean Startup. Early perseverance pays off.

Startup 143

Startup Capital Resource Research 143

Both Sides of the Table

SEPTEMBER 28, 2014

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. Let’s set up a framework. Gross Burn vs. Net Burn.

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Startup Company Companies .Net 383

Startup Professionals Musings

OCTOBER 16, 2023

Thus, financial projections for up to five years are a necessary element in every business plan. Per the words of an old country song, “if you don’t know where you’re going, you will probably end up somewhere else.” If you are losing money on every unit, it’s hard to make it up in volume. Forecast sales-volume expectations.

Startup 116

Startup Pricing Sales Statistics 116

InfoChachkie

JANUARY 14, 2013

If you have your eyes and ears open, you can discover sales lessons in unexpected places, including the cable TV show, Say Yes To The Dress. There are a number of solid sales techniques on display by the Say Yes team. Throughout the sales process, they continually probe and modify their sales approach, based on the bride's feedback.

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Sales Startup Activity RSS 251

Both Sides of the Table

JUNE 19, 2017

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

Startup 212

Startup Venture Capital .Net Capital 212

socalTECH

NOVEMBER 10, 2020

Los Angeles-based Signal Automotive , a startup which develops software for managing buying, selling, and inventory allocation for automobile dealers, has raised $20M in a funding round. The funding was led by Kayne Partners Fund, the growth private equity arm of Kayne Anderson Capital Advisors LP.

Software 124

Software Sales Southern California Equity 124

socalTECH

MARCH 28, 2019

The summit is now associated with March Capital Partners (www.marchcp.com). What's your role at March Capital? Meredith Finn: I joined March Capital at the beginning of the year. I did a lot of M&A deals in those spaces, and had some earlier, startup stage experience. How did you end up joining March Capital?

Capital 162

Capital Entrepreneur Invest Artificial Inteligence 162

TechCrunch LA

NOVEMBER 5, 2021

billion two years ago and is expected to double by 2027, attracting startups, like alternative meat food tech company AKUA , that aim to solidify a prominent place in the up-and-coming industry. The total funds include backing from a Republic campaign, pre-seed investors and capital from the co-founders.

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Startup Los Angeles Sample Funding 191

Startup Professionals Musings

APRIL 11, 2020

In fact, there are a host of reasons why a non-focused startup business is more likely to struggle for survival, lose market and investor attention, and miss out on the opportunity to capitalize on their scope: Time to market is tied to the size of your offering. No startup can implement a broad strategy quickly enough to stay ahead.

Startup 169

Startup IBM IBM Social Media 169

TechCrunch LA

MARCH 2, 2021

Making money on livestreams has never been easier thanks to a suite of tools from the Los Angeles-based startup Maestro , which just nabbed $15 million in financing to grow its business. But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services.

Tool 315

Tool Commerce .Net Entertainment 315

Startup Professionals Musings

APRIL 10, 2023

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. Don’t start by committing more than you can afford to lose. Testing for real is the assumption behind approaches such as Lean Startup. Early perseverance pays off.

Startup 142

Startup Capital Resource Research 142

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” The most obvious way to explain this is with sales people. One of them is profitability. Internet scale. Operating Costs.

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Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

FEBRUARY 3, 2020

Almost instantly, via the Internet or on their smartphone in the store, they can find the lowest price alternative or their favorite features, without waiting for push marketing or listening to your best sales person. Great startups manage to continually improve the relationship through outstanding follow-on support and service.

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Customer Custom Startup Course 124

Startup Professionals Musings

JULY 1, 2022

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?” Thus, options don’t “pay the mortgage” today, so to speak. 7% Product Manager,2 -.3%

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Startup Equity Pricing Marketing 137

Both Sides of the Table

APRIL 10, 2014

In a VC business when you raise additional capital you need to “level up” and act the round you are. I’d say 20% of startups I see level-up early after their A round. These are important leveling-up activities but the CEO is often still up at 10pm f **g around with QuickBooks entries.

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Startup Resource Venture Capital Activity 381

TechCrunch LA

OCTOBER 19, 2021

When you move around a city, you often end up farther away from some of your favorite restaurants and bakeries. To keep up the pace, Locale secured a $2 million seed round led by Decent Capital, the family office of Tencent co-founder Jason Zeng. Other investors include Goodwater Capital and Esas Ventures.

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Help Startup Los Angeles Customer 192