Startup Professionals Musings

JANUARY 24, 2020

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. But there are a wealth of other categories, new ones are constantly appearing, and the ecosystem is always shifting.

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Mobile Develop Development Platform 126

socalTECH

OCTOBER 11, 2016

We caught up with Steve Seigel , the executive producer and one of the stars of the new startup pitch program Hatched (www.hatchedtv.com), to learn more about those areas, as well as how he ended up going from investment banking, to running a healthcare startup here in LA, to hosting a television pitch show.

Startup 100

Startup Entrepreneur Invest Competition 100

Both Sides of the Table

MAY 6, 2018

The best entrepreneurs in our industry focus on it year-round as opposed to just once every 18 months. Let’s say you have built a SaaS company where a large part of the early revenue comes from a few big customers or a large part of the revenue is services based vs. software based. Let me give you an example.

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Funding Venture Capital Startup Entrepreneur 236

Both Sides of the Table

SEPTEMBER 15, 2014

Many questioned whether it could survive under the fail whale, inevitable competition from Facebook, founder fighting, fights with 3rd-party developers let alone become a revolutionary business that could make money. ” So other partners at the firm might sling mud at your ideas as you go for approval on an investment. Lots of it.

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Funding Technical Review Ideas Startup 362

Startup Professionals Musings

DECEMBER 31, 2018

Just ask former big brand companies, like Blockbuster, Kodak, Lehman Brothers, and Sears, what happened to them. Rather than rely only on linear thinking, the best entrepreneurs are always looking to offer in parallel a more dramatic new alternative. Redefine your product to reach a new category.

Examples 99

Examples IP Acquisition Social Media 99

Startup Professionals Musings

JANUARY 12, 2013

Many entrepreneurs I know don’t realize that the language they learned in the corporate world, or even their recent MBA class, won’t get them ahead in the startup world today. As a reality check, try this quick test of your entrepreneur savvy. As a reality check, try this quick test of your entrepreneur savvy. Super-angels.

Entrepreneur 109

Entrepreneur Startup Web Equity 109

Startup Professionals Musings

MARCH 25, 2012

You have probably heard plenty of times that being an entrepreneur is a risky business, and investors talk all the time about reducing the risk. Here is my own priority list of key risk drivers that every entrepreneur and every investor should evaluate and minimize in starting a business: Team experience and depth risk.

Entrepreneur 108

Entrepreneur Examples Social Network Marketing 108

InfoChachkie

OCTOBER 15, 2012

One the most frequent questions asked of me by entrepreneurs is, "How can I become a Venture Capitalist?" The inquiry is common because being a VC is (to an entrepreneur, at least) a sexy job. I define a "VC" as, "a professional investor who deploys third-party funds into relatively early-stage companies." Manipulate Your Odds.

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Venture Capital Technical Review Invest RSS 242

socalTECH

APRIL 1, 2019

Portnoy is a serial entrepreneur, having previously founded ThinkNear, a startup which went from the Techstars startup accelerator to an exit in only 14 months. That competitiveness is driving companies to make better decisions. That's the basic premise of the company. How are things going with the startup?

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Startup Culver City Competition Customer 113

Both Sides of the Table

JUNE 18, 2015

I rarely talk to any startup entrepreneur or VC who doesn’t feel it and somehow long for simpler times despite the benefits we all enjoy from increased enthusiasm for our sector. For entrepreneurs there’s too much money sloshing around. We are experiencing a frenetic time. My general advice is to do less.

Software Review 150

Software Review Startup Venture Capital Invest 150

Both Sides of the Table

JUNE 30, 2011

With more competition in early-stage many VCs are investing smaller amounts at earlier stages. The venture capital business itself is going through an even more fundamental change than just the entry of a new category at the earliest stage. Some are going later stage to not miss out on hot deals. The Coming Brick Wall.

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Venture Capital Capital Cloud Computing Marketing 289

Startup Professionals Musings

OCTOBER 9, 2016

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Even top big-company executives are considered high-risk in a startup environment. If you want U.S.

Startup 104

Startup Entrepreneur Sites Technical Review 104

Startup Professionals Musings

OCTOBER 22, 2018

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Even top big-company executives are considered high-risk in a startup environment. If you want U.S.

Sites 81

Sites Technical Review Social Media Entrepreneur 81

Both Sides of the Table

JUNE 22, 2011

This was an audience of mostly first-time entrepreneurs. I spoke about how Amazon Web Services deserves far more credit for the last 5 years of innovation than it gets credit for and how I believe they spawned the micro-VC category. It is great for entrepreneurs and great for VCs. I believe that. and profits!

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Pricing Marketing Startup Venture Capital 309

Startup Professionals Musings

NOVEMBER 21, 2016

Others, like Guy Kawasaki , have irreverently called some of these “entrepreneur lies,” but I prefer to think of them as innocent enhancements or omissions that can kill your deal. It takes a huge upfront investment to attract users, before advertisers are interested. Entrepreneurs in this category are usually dreamers.

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Funding Startup Innocal Entrepreneur 98

Startup Professionals Musings

SEPTEMBER 27, 2019

A theme I often hear from the entrepreneurs and startups I advise is that once they see that first surge of traction from customers, they can relax and enjoy life for a change. In today’s world of growing competition and customer evolution , holding your own, and growing to the next level is a constant challenge that can never be ignored.

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Ideas Customer Custom Competition 77

Startup Professionals Musings

JUNE 13, 2015

Entrepreneurs and startups often ask if they should select only social media for marketing, or stick with digital media, or just count on traditional media. None should be considered competitive mutually exclusive to any other. None should be considered competitive mutually exclusive to any other. Marty Zwilling.

Social Media 108

Social Media Media Marketing Resource 108

SoCal CTO

APRIL 8, 2010

Death By Competitive Analysis - Steve Blank , March 1, 2010 Trading emails with a startup CEO building an iPhone app, I asked him why potential customers would buy his product. In response he sent me a competitive analysis. It looked like every competitive analysis I had done for 20 years, (ok maybe better.) And it made me sad.

Startup 150

Startup Software Review Competition SoCal 150

Startup Professionals Musings

NOVEMBER 8, 2014

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Even top big-company executives are considered high-risk in a startup environment. If you want U.S.

Entrepreneur 101

Entrepreneur Sites Technical Review Social Media 101

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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Santa Monica Funding Startup Course 256

Both Sides of the Table

FEBRUARY 7, 2013

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). BuildOnline (the company I founded) has just announcement plans to be more aggressive in growing in the US. Let me not bury the lede.

CTO Coach 359

CTO Coach Google CTO Hire Yammer 359

Tech Zulu Event

NOVEMBER 12, 2013

Hale Boggs: Think of Manatt Digital Media as a one-stop shopping for digital media companies. Peter is an entrepreneur and founded and exited four digital media companies, he is going to be building with us and bringing a capability of advising and consulting digital media from startups to big brands on their digital media strategies.

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Los Angeles Media Invest Startup 84

Startup Professionals Musings

OCTOBER 9, 2015

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. But there are a wealth of other categories, new ones are constantly appearing, and the ecosystem is always shifting.

Startup 98

Startup Platform Pricing Netflix 98

Both Sides of the Table

DECEMBER 27, 2011

” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused.

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Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

MAY 23, 2010

This happens when the company has been making steady progress but hasn’t built enough “ proof &# to raise its next round of financing from external investors. If no financing happened then this “note&# may not be converted and thus would be senior to the equity of the company in the case of a bankruptcy or asset sale.

Startup 290

Startup Funding Venture Capital Pricing 290

Startup Professionals Musings

NOVEMBER 18, 2016

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. In these cases, you need testimonials, usage details, and return-on-investment examples.

Product 95

Product Case Study Customer Custom 95

Startup Professionals Musings

MARCH 16, 2016

Whether you are talking to peers, competitors or investors, you as an active entrepreneur will be judged on your familiarity with today’s startup and funding jargon. In that context, I offer you my latest collection of popular investor-to-entrepreneur terms and concepts. Frothy is good for entrepreneurs. Seed-round investment.

Startup 57

Startup Software Review Equity Invest 57

Startup Professionals Musings

AUGUST 17, 2014

Most entrepreneurs struggle with financial projections, not wanting to commit to numbers they can’t deliver, and having no clue what investors might consider reasonable. According to a recent Dow Jones VentureSource report, the average time to liquidity of an equity investment in a startup is now about five years.

Equity 99

Equity Venture Capital Invest Pricing 99

Startup Professionals Musings

MAY 28, 2013

Most entrepreneurs struggle with financial projections, not wanting to commit to numbers they can’t deliver, and having no clue what investors might consider reasonable. According to a recent Dow Jones VentureSource report, the average time to liquidity of an equity investment in a startup is now about five years.

Startup 97

Startup Equity Entrepreneur Venture Capital 97

Startup Professionals Musings

MARCH 18, 2019

As an advisor to entrepreneurs for many years, I strongly disagree, and still see the value of at least combining intuition with logical analysis, as we face customers and markets driven by relationships, emotions, and unpredictable social trends. The venerable Steve Jobs was reportedly in the same category.

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Examples Tool Statistics Tips 81

Both Sides of the Table

JANUARY 21, 2010

I recently read a post over on VentureHacks titled, “ Top Ten Reasons Entrepreneurs Hate Lawyers &# written by Scott Walker (who blogs on legal issues for entrepreneurs ). Many people start companies arse backwards. This is one of the biggest source of future problems for the company. the link is here.

Startup 318

Startup IP Southern California Entrepreneur 318

Startup Professionals Musings

DECEMBER 23, 2017

Entrepreneurs and startups often ask if they should select only social media for marketing, or stick with digital media, or just count on traditional media. None should be considered competitive mutually exclusive to any other. Don’t try to tackle all 20 major categories of digital social media at once. Marty Zwilling.

Media 59

Media Marketing Social Media Resource 59

Startup Professionals Musings

APRIL 28, 2013

You have probably heard plenty of times that being an entrepreneur is a risky business, and investors talk all the time about reducing the risk. Here is my own priority list of key risk drivers that every entrepreneur and every investor should evaluate and minimize in starting a business: Team experience and depth risk. Marty Zwilling.

Startup 104

Startup Examples Entrepreneur Social Network 104

socalTECH

AUGUST 27, 2014

In the Los Angeles startup world, there are lots of high profile, buzzy companies which have lots of attention and funding--but which haven''t earned a dime of revenue. However, this town is also full of very profitable, growing, and revenue generating companies-- which have for the most part been below the radar.

Startup 239

Startup El Segundo Marketing Media 239

Startup Professionals Musings

OCTOBER 31, 2010

Success in these areas will ensure a faster return on investment in R&D and licensing efforts. An alternative is to start a niche company with an orphan drug that, if successful, is protected from competition for several years. Drugs in this category are commonly called “statins.” Now that half of the U.S.

Startup 77

Startup Venture Capital Sales Entrepreneur 77

Startup Professionals Musings

MARCH 18, 2016

As an entrepreneur looking for professional investors, one of the quickest ways to lose credibility and get rejected is to start with a ridiculously high pre-money valuation. I see it happen often in my angel investment group, and you can see it happen almost every week on the Shark Tank TV show.

Startup 71

Startup Patents Invest Blogging 71

SoCal CTO

JUNE 9, 2010

Why Entrepreneurs Hate Lawyers. Facebook is about to try to dominate display ads the way Google dominates text ads - Chris Dixon , May 15, 2010 It is customary to divide online advertising into two categories: direct response and brand advertising. friend of mine asked me to chat with a startup he’d invested in. The Application.

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Startup Venture Capital Conference Social Media 248