Berkonomics

APRIL 4, 2019

Every investor wants regular information from companies taking their money. And most of us investors are frustrated by the lack of regular communication – unless of course – the company needs more money. First, let’s cover the absolute minimum legal requirement a company must provide to its investors.

Class 120

Class Course Report Competition 120

Berkonomics

NOVEMBER 7, 2013

Since Bill Hewlett joined with Dave Packard in 1939 to create what is today one of the world’s largest computer companies, there has been an evergreen debate as to who is more important in starting a tech company: the techie or the business guy? founder and CEO of Gust, the angel financing platform used by over 50,000.

Startup 189

Startup Sales Ideas Entrepreneur 189

Berkonomics

APRIL 14, 2012

Others worry that investors will latch onto individual line items within financial data and engage in inquisitions regarding telephone bills, marketing costs and other tactical line items in detailed financial statements. First, let’s cover the absolute minimum legal requirement a company has to provide to its investors.

Class 202

Class Report Competition .Net 202

Berkonomics

SEPTEMBER 6, 2010

They write into their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth. Email readers continue here.] Actually, there are two legal duties of board members.

Class 179

Class Coach Invest Sales 179

socalTECH

JUNE 20, 2012

For readers, LaunchpadLA is all about? For two years, it was a mentorship program, that worked with twenty three different companies, but did not have a fund, did not have an office, and didn't take any equity. Then, it turned out, all of those companies did really well. Our current class has performed incredibly well.

Class 261

Class Mentor Startup Santa Monica 261

Both Sides of the Table

JANUARY 14, 2014

All the data actually suggests with the growth of mobile, inbound sales calls will double from 30 billion to 60 billion in 3 years (source: Kelsey). It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. Much more data in the full post. I’ll wait.

Email 339

Email SaaS Venture Capital Google 339

Berkonomics

JULY 19, 2011

Here’s a phrase I created in the early 1980’s to describe what I clearly saw as the last chance to make high margins on the sale of computer hardware to businesses. In the early eighties, IBM helped the PC become a tool of the office, and the product crossed over from use by early adopters to the mass market.

Pricing 184

Pricing Networking IBM IBM 184

InfoChachkie

JULY 21, 2011

We help companies reward their employees with perks. Perks are one of the most cost effective ways for a company to recruit and retain employees. How extensible do you see BetterWorks’ business model with later stage companies, where dental plans do matter? “We We see two markets. We save you a ton of time.

Summary 246

Summary Tips Sales Entrepreneur 246

InfoChachkie

DECEMBER 10, 2012

The innocuous post, which was simply titled " Divshot " generated over 110 comments and was awarded nearly 200 points by Hacker News' notoriously jaded readers. The team subsequently earned a coveted position in Launchpad LA's current accelerator class after winning the Crowdstart LA competition.

News 198

News Sites Startup RSS 198

Both Sides of the Table

NOVEMBER 5, 2012

I use George Bush vs. Al Gore as allegory and I’ve been using it with entrepreneurs for years to sink in a simple point about how to communicate with the market. You imagined him as the kid in your class at school at the front of the room raising his hand at every question and saying, “Oooh, me. Call on me.

Entrepreneur 370

Entrepreneur Startup Press Venture Capital 370

Berkonomics

SEPTEMBER 13, 2018

The object of a financial purchase is to negotiate a bargain, capable of payoff through operating profits or growth over time, or even of immediate profit from arbitrage – knowing of a purchaser that is willing to pay more for your company if repackaged, or even with no changes at all. This rare buyer needs your company.

Pricing 600

Pricing Sales IBM IBM 600

Berkonomics

NOVEMBER 23, 2023

Here is the warning: The execution of equity allocations and of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome of subsequent investment into the company. … In other words, you cannot create bargain options at below “market rates.”

Equity 156

Equity Class Pricing Sales 156

socalTECH

JUNE 15, 2011

For our readers who haven't yet heard of your company, what's the idea behind StarGreetz? Eric Frankel: StarGreetz is a digital media content company, that allows brands to stand out in a very cluttered marketplace. How did the company come about? What about the geography makes a difference?

Entertainment 159

Entertainment Startup Class Santa Barbara 159

Both Sides of the Table

AUGUST 14, 2011

I was recently approached by Fast Company to comment on “crisis management&# at startups in the wake of the Airbnb “ranksackgate&# story. I agreed to do the interview because the story was about what other companies can learn rather than about airbnb in particular. Make the story be about your market.

Startup 329

Startup Press Training Media 329

Tech Zulu Event

MAY 20, 2014

myLINGO is the first product of her company Oladas, Inc., Explain to our readers why you started your company, and why you created your app myLINGO. All these efforts were to figure out what it would take to put something like this in the market. Share with our readers your experience surrounding the launch of the app.

Startup 91

Startup Entertainment CTO Coach Screening 91

Berkonomics

FEBRUARY 14, 2011

There are four basic ways to increase the cash position of a company: inject cash through borrowing or investment, decrease spending or payments on debt, increase efficiency of operations, and increase revenues or advance payments from customers. A close second for the same reasons are sales taxes and income taxes.

Services 159

Services Statistics Startup .Net 159

InfoChachkie

FEBRUARY 24, 2011

Seth attended UCSB but dropped out to start a denim company. . We have built SocialStay for scale so I think the ‘chasm’ is both a function of time and sales. Your team operates out of a barn on your idyllic, coastal property, yet you have created a world-class product. You don’t need much… But what you do need is sales.

Startup 233

Startup Design Mobile Social Network 233

Both Sides of the Table

JULY 25, 2010

I recently read a book I’d highly recommend to every reader of this blog called “ Yes, 50 Scientifically Proven Ways to be Persuasive &# by Robert B. John gave me the book after I spoke at his entrepreneurship class at UCSB. No cookies for guessing which reason they use to market to us.

Guide 293

Guide Funding Venture Capital Technical Review 293

Both Sides of the Table

FEBRUARY 27, 2010

If you take 2,000 of the world’s top performing companies, only 29 (1.5%) are run by women. It’s a fact, women aren’t good at running companies. If they were they’d be running more successful companies. They must be languishing by running many unsuccessful companies. Data doesn’t lie.

Startup 289

Startup Statistics Entrepreneur Study 289

Berkonomics

SEPTEMBER 28, 2017

Here is the warning: The execution of partnership equity allocations and of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome of subsequent investment into the company. In other words, you cannot create bargain options at below “market rates.”

Equity 256

Equity Class Pricing Sales 256

Berkonomics

DECEMBER 17, 2020

Here is a class of investor we’ve covered before, one usually focused upon you and less upon your business case. There is an exemption from the requirements that these investors be accredited with net worth or income minimums to qualify legally to invest in your company. Friends and family investors. We’ll call these “inside angels.”

Equity 156

Equity Technical Review Class Organization 156

socalTECH

NOVEMBER 25, 2008

The firm is announcing a substantial Series D funding round today, so we spoke with the firm's CEO, Jason Howe, to get the details on the company and what it's doing. Unlike Walmart, you don't have to walk through a reader or interrogator, because we have an active tag with a five year asset life, saying here I am. Congrats on funding.

Startup 113

Startup CTO Hire Resource Venture Capital 113

Both Sides of the Table

OCTOBER 22, 2009

Only Hire A+ People Who Punch Above Their Weight Class. I believe that you should always hire people are are looking to “punch above their weight class,&# which means to hire people who want to be one league above where they are today. Weight Class : Let’s take sales. I’m not one of those.

Startup 327

Startup Sales Class CIO 327

Berkonomics

APRIL 3, 2014

We’ve spoken of financing a young company through friends and family, known as “inside angels.” There are three classes of equity investors for early stage businesses that we have not yet considered. Email readers, continue here.] With angel groups, you should plan of spending months in the process, from application through funding.

Equity 232

Equity Startup Organization Invest 232

Berkonomics

SEPTEMBER 2, 2011

Strategic buyers look for managerial talent, intellectual property, geographic expansion, an extension into adjacent markets and more that will be achieved with the acquisition of your company. Email readers, continue here.] There is a third class of buyer I discovered first hand when selling my company – the emotional buyer.

Sales 220

Sales Pricing IBM IBM 220

Berkonomics

MAY 12, 2010

The document should also contain clear buy-sell clauses, forcing any sale of shares to first be offered to the corporate treasury, then to the other founders in proportion to their holdings, and then if no interest, to outside investors. Email readers continue here.] Equity is divided between the founders and the business begun.

Equity 213

Equity Class Pricing Startup 213

InfoChachkie

JULY 14, 2009

You are forty, out of a job, a newlywed, your wife is expecting a baby, you don’t own your own home, you have no specialized qualifications, the only company you ever launched went bankrupt and you have just been sentenced to one year in jail.”. Excel at classes that interested you and perform poorly in those which did not.

Entrepreneur 153

Entrepreneur Ideas Writing Startup 153

SoCal CTO

AUGUST 3, 2010

5 Lessons from 150 startup pitches - A Smart Bear: Startups and Marketing for Geeks , July 11, 2010 I just reviewed several hundred startup pitches for Capital Factory. Interesting patterns emerged: Everyone makes the same classes of error. That’s @MeganBerry to you, blogger and social media expert, marketing manager of Klout.com.

Startup 217

Startup Venture Capital Blogging Software Review 217

Both Sides of the Table

MAY 7, 2011

Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice. I asked him if he’d be willing to allow me to interview him for This Week in VC and we filmed it in the offices of Stack Overflow – his new company. But I loved reading them and so did my team.

Software Review 285

Software Review Software Blogging Startup 285