Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

Venture Capital 266

Venture Capital Class Invest Equity 266

socalTECH

FEBRUARY 15, 2019

The company recently raised a round of funding from Santa Barbara-based ScOps Venture Capital. Now we're in over 100 cities and have over 10,000 clients, 10,000 tutors, and a platform which is working very efficiently, and gives the customer what they want. In this industry, customer acquisition costs are super high.

Startup 113

Startup Venture Capital Beverly Hills Acquisition 113

SoCal CTO

JANUARY 5, 2011

500 Hats , January 10, 2010 Developing new startup ideas - Chris Dixon , March 14, 2010 Batch Processing Millions and Millions of Images - Code as Craft , July 9, 2010 jQuery Plugin: Give Your Characters a NobleCount - The Product Guy , March 23, 2010 How do the sample Series Seed financing documents differ from typical Series A financing documents?

Startup 378

Startup Venture Capital Blogging CTO Coach 378

Both Sides of the Table

MARCH 30, 2016

Invoca had grown steadily and consistently since 2009 and by 2015 SaaS companies with scale had become hot – trading at a median of 7.3x forward sales with some as high as 12x sales. Below is a graph of the NASDAQ the US public barometer of technology companies. Total customers grew 20% year/year.

Funding 150

Funding Startup SaaS Venture Capital 150

InfoChachkie

NOVEMBER 15, 2011

Now, more than ever, government agencies in the US and abroad are lousy startup customers. Government customers abundantly waste both of these assets by negatively impacting a startup’s cash flows while causing it to spend unnecessary time participating in laborious approval processes and elongated sales cycles.

Startup 207

Startup Outsource Development Software Review Sales 207

Tech Zulu Event

NOVEMBER 18, 2011

Having paying “Customers” is what makes the cash register roar. This article will cover two things; First, the top mistakes small business owners make that end with inquiries leading you to the exit door before making a sale. Using your service or owning your product isn’t why a person buys, it’s the experience your customer will have.

Custom 85

Custom Customer Marketing SEO 85

Startup Professionals Musings

JUNE 25, 2012

In reality, only 3 out of 100 companies who apply are successful with Angels, and the success rate with VCs is even lower. The advantage is no time and effort searching and preparing for the other alternatives, and you don’t have to encumber yourself or give up control of your company. Venture capital. Friends and family.

Technical Review 103

Technical Review Equity Incubator Venture Capital 103

Both Sides of the Table

MAY 2, 2015

What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. Clearly the founders and senior executives of a company are the most valuable resources and their time should be maximized on the most valuable tasks.

Outsource Development 150

Outsource Development Metrics Startup Sales 150

InfoChachkie

MAY 22, 2012

However, the greater degree you can sequentially follow these steps and maintain your discussions with each venture capitalist (VC) at relatively the same stage, the sooner you can spend less time in the company of investors and get back to running your business. You might be at Step 2 with one VC and Step 3 with another. Prep Steps.

Venture Capital 236

Venture Capital Capital Research Custom 236

Berkonomics

JANUARY 16, 2014

Example: salary, equity, joint venture, etc… Can the business afford it? Create roles and guidelines in the potential partnership: What role and responsibility will each of the partners have including operation, financial, sales, marketing, etc.? Review long term company debt, goals, objectives and financial projections.

Technical Review 204

Technical Review Startup Examples Metrics 204

Tech.Co

JANUARY 19, 2016

The round is led by Subtraction Capital, and includes investments from PayPal co­founder Peter Thiel , Indicator Ventures, and venture debt lender Western Technology Investment (WTI). The California-based team plans to use the new round to grow their team, marketing efforts, and further grow the company.

Doc 120

Doc Invest Screening Capital 120

Tech Coast Venture Network

APRIL 22, 2010

With rare exception, you will need to finance personally (or with friends and family to the point of revenue and/or significant customer pre-order or commitment). Angel Investors & Venture Capital. Understand how to value you company (more to come in a future blog!) Friends and Family. and remember ideas alone have NO value.

Startup 124

Startup Tech Coast Angels TCVN Incubator 124

Both Sides of the Table

JANUARY 16, 2012

I’ve raised money as a “hot company” and I’ve raised capital when no one would return my phone calls. I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. Fund raising (as is much of life) is a sale – pure and simple. Create scarcity.

Develop 366

Develop Development Funding Venture Capital 366

Both Sides of the Table

APRIL 27, 2010

I believe that it’s OK for young people to learn and try different roles, companies and geographies. Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. I learned how to integrate customers into our product development process. I never built Google.

Startup 285

Startup Venture Capital Sales Software Review 285

Startup Professionals Musings

MARCH 16, 2011

In reality, only 3 out of 100 companies who apply are successful with Angels, and the success rate with VCs is even lower. The advantage is no time and effort searching and preparing for the other alternatives, and you don’t have to encumber yourself or give up control of your company. Venture capital. Friends and family.

Startup 93

Startup Technical Review Equity Incubator 93

socalTECH

AUGUST 13, 2010

We managed to double the company in eight quarters, and added companies like Dell, Intel, Adobe, Expedia, TripAdvisor, Siemens, and Rockwell and lots of other great global brand names as customers. We had every flavor to consider, which is a compliment to the company. We closed that $42.5M cash transaction on July 26th.

Equity 168

Equity Startup Acquisition Funding 168

Berkonomics

JANUARY 20, 2010

Some businesses require very little capital and the founder is able to self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

Venture Capital 174

Venture Capital Invest Class Entrepreneur 174

Both Sides of the Table

JANUARY 5, 2010

They often make great team members such as head of products, CTO, head of sales, CFO, etc. Great companies are comprised of great individual point people or functional leaders. There are plenty of great leaders who work really hard and work for big companies. You have kids, a mortgage, MBA debt? They finally quit.

Entrepreneur 293

Entrepreneur Startup Venture Capital CTO Hire 293

InfoChachkie

OCTOBER 27, 2010

A similar experience occurred at a cloud computing company where I acted as an addVisor. The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. Thus, when you sell a young company, you often trade an adVenture for a job.

Entrepreneur 124

Entrepreneur Venture Capital Acquisition Pricing 124

Startup Professionals Musings

AUGUST 12, 2013

They also favor entrepreneurs who are experienced in starting a company, and experienced in the business domain of the startup. If you need more, you need to focus on venture capital territory. Also, don’t expect investor enthusiasm for your gambling site, porn site, gaming, or debt collection business. All you need is one.

Angel 101

Angel Startup Venture Capital Invest 101

Both Sides of the Table

MARCH 1, 2010

He invested $8 million in a company in the computer networking space. Presumably they are talented if they created a company worth $80 million. In 2006, Steven Dietz, a partner at my firm, GRP Partners, had given me $500,000 in a seed in convertible debt when I started my second company, Koral. My friend blocked the deal.

Entrepreneur 321

Entrepreneur GRP Partners Venture Capital Invest 321

InfoChachkie

OCTOBER 27, 2010

A similar experience occurred at a cloud computing company where I acted as an addVisor. The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. Thus, when you sell a young company, you often trade an adVenture for a job.

Entrepreneur 124

Entrepreneur Acquisition Pricing .Net 124

Startup Professionals Musings

MARCH 1, 2010

The advantage is no time and effort searching and preparing for the other alternatives, and you don’t have to encumber yourself or give up control of your company. Just don’t quit your day job before your new company is producing revenue. Use this approach before you have a real valuation, a real product, or any real customers.

Funding 59

Funding Startup Technical Review Equity 59

Both Sides of the Table

JUNE 22, 2011

As any historian of bubbles will tell you – there were periods of bubbles in assets as arcane as tulips , South American trading companies , dot-com bubbles & housing bubbles. The fact that today’s Internet bubble does not represent all companies does not disprove its existence. Many good companies will not get funded.

Pricing 309

Pricing Marketing Startup Venture Capital 309

SoCal CTO

SEPTEMBER 8, 2010

This continues my series of posts: Top 30 Startup Posts for July 2010 Top 30 Startup Posts in June 2010 Top 29 Startup Posts May 2010 Startup CTO Top 30 Posts for April 16 Great Startup Posts from March Here they are: How to Minimize Politics in Your Company - Ben's Blog , August 24, 2010 “Who the f@#k you think you f$&kin’ with.

Startup 191

Startup Venture Capital Blogging CTO Hire 191

Startup Professionals Musings

JULY 5, 2012

They also favor entrepreneurs who are experienced in starting a company, and experienced in the business domain of the startup. If you need more, you need to focus on venture capital territory. Also, don’t expect investor enthusiasm for your gambling site, porn site, gaming, or debt collection business.

Angel 98

Angel Capital Startup Journal 98

Startup Professionals Musings

APRIL 28, 2011

They also favor entrepreneurs who are experienced in starting a company, and experienced in the business domain of the startup. If you need more, you need to focus on venture capital territory. Also, don’t expect investor enthusiasm for your gambling site, porn site, gaming, or debt collection business.

Angel 97

Angel Entrepreneur Startup Journal 97

Both Sides of the Table

AUGUST 14, 2009

Great companies are built by having great products. release out the door and get some customers using it, or friendly people piloting it then at least there is some validation to the product and some people to speak to about their experiences. In SoCal we have Crosscut Ventures, Matt Coffin, Mike Jones, Klaus Schauser, etc.

Angel 291

Angel Funding Venture Capital Startup 291

Tech Zulu Event

AUGUST 13, 2010

Publicity and positive word-of-mouth can help grow your start-up into a successful venture. After starting three companies, I've found that some widely accepted advice lead me to failure while. Bootstrapping enterprise, marketing, Sales. . You work in (or run) a services company. Stop Listening to Your Customers.

Guide 69

Guide Startup Venture Capital Entrepreneur 69

SoCal Delicious

MAY 6, 2012

Features like this, as well as our daily interviews wouldn’t be possible without the amazing support of our sponsor eMinutes – a law firm here in Los Angeles that focuses on helping entrepreneurs structure their companies. Goodreads raised a Series A round of funding from True Ventures in the summer of 2009. Thank you @eminutes. .

Los Angeles 78

Los Angeles Entrepreneur Angel Fractional CTO 78