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Praying to the God of Valuation

Both Sides of the Table

Sure, we built SaaS products before the term even existed but at 31 it was hard to delineate reality from what all of the monied people around us were telling us what we were worth. I was in it for the love of working with entrepreneurs on business problems and marveling at technology they had built. billion fund.

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17hats Finds $4M To Build Tools For Solo Entrepreneurs

socalTECH

Pasadena-based 17hats , a startup that develops business management software aimed specifically at solo entrepreneurs (solopreneurs), has raised $4M in a Series A funding. The funding was led by Wavemaer Partners, and also included Talmadge O'Neill and Harry Tsao of Mezi Media and Tamim Mourad of PriceGrabber. READ MORE>>.

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What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

I had an enjoyable conversation this morning with a young team straight out of college this morning and they were calling to ask advice on how to approach fund raising (angels vs. VCs, how to select a VC, etc.) VCs should be more of a coach than proscriptively telling you what to do. Traditional software vs. SaaS.

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How Boards Need to Evolve Over Time

Both Sides of the Table

And here’s an important point that I think modern entrepreneurs often forget: Investors are “co-owners” of your business. Planning and dealing with extra-ordinary events: M&A, fund raising, crises. There are just as many bad entrepreneurs who do bad things. Mentorship. As You Start to Mature.

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What I’ve Learned from Fred Wilson

Both Sides of the Table

So part of playing an effective coach is helping the team to see the answer for themselves. My initial blogging inspiration was actually Brad Feld because as an entrepreneur I always wanted to work with Brad after reading his advice on term sheets and the like. Don’t be in a rush to invest your fund.

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Interview: Seth Epstein of SocialStay

InfoChachkie

8 ) SocialStay is effectively a B-to-B, SaaS product that requires you to simultaneously speak to several audiences (hotels, travelers, travel sites, etc.). Do you have any advice for emerging entrepreneurs regarding how they can be frugal without compromising their company’s value prop? They are starting to see the light.

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