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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? It was 1991.

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Reflections On 2018: Matt Stodder, Startup Boost LA

socalTECH

With Startup Boost, we had dozens of investors, service providers, successful entrepreneurs, and major industry leaders (including Microsoft, Google, Softbank, REME, and TechStars) coalesce around our initiative to help early stage companies get to the next level. Yet they turned-out each and every week of our six-week programs.

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ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

One customer assumed that poor usage rates at a particular station was due to a lack of EVs in the area, Terry recalled in a recent interview. “There was an abandoned vehicle parked there and the station was surrounded by mud,” said Terry who is CEO and co-founded the company with Evette Ellis. Hiring approach.

Incubator 287
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Choose Your VC Investor Carefully

Both Sides of the Table

Beware of VC Seagulls, who shit on you and then fly away (or worse yet leave you with Red Herrings). I write this post as a warning to pick your VC’s carefully. I like to say to first-time entrepreneurs, picking a VC is more permanent than marriage. I guarantee this is a bad VC. There are many great VCs.

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How Boards Need to Evolve Over Time

Both Sides of the Table

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. Reviewing financial & operational performance. Mentorship.

Startup 325
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Open Angel Forum San Fran – Team Calacanis Raises the Bar

Both Sides of the Table

Jason & Tyler brought forward 5 high quality companies and super high quality ones rose to the top and quickly got funded. The San Francisco events will be run by Chris Sacca (of Lowercase Capital ) and Kevin Rose of Digg. There wasn’t a bad company tonight but I had a clear favorite. The second event was in Boulder.

Angel 254
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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

This is an updated post from my ongoing series on Startup Advice that I learned from founding two companies. . It is never as rewarding when you’re the coach (but coaching has many other benefits. On Losing in VC. 15 companies North of $1 billion exit. I know I won’t win every deal I want to in VC.