Berkonomics

OCTOBER 8, 2020

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. That’s likely to be completely unreachable for you with almost any amount of resources. Sources for your data. TAM, SAM, SOM?

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Both Sides of the Table

JUNE 17, 2017

They actually lost about $175 million in cash in that quarter, FWIW. To grow faster businesses need resources in today to fund growth that may not come for 6 months to a year. I know this seems obvious but I promise you that even smart people forget this when talking about profitability. Is it one product line or multiple?

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Berkonomics

NOVEMBER 6, 2014

Enterprise time, as opposed to personal time management, is defined as the sum total of resources available to a company expressed in terms of time – time to develop, to debug, to produce, to deploy, to respond to issues, and to make changes in plans that are not working. Extending the Runway book available at www.berkus.com.

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Resource Outsource Development Metrics Customer 176

Both Sides of the Table

APRIL 28, 2012

As a VC I regularly meet with companies and listen to their plans. A significant number of the companies I meet with get some form of feedback from me that: “I’m a bit worried that you’re doing too many THINGS. I always tell teams I meet with, “The scarcest resource in your company is management bandwidth.

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Both Sides of the Table

MARCH 2, 2017

I wrote up the background of her company Imbellus here  — essentially she’s building world simulations to assess human potential with the short-term goal of helping the most advanced companies have break-throughs on recruiting top talent but her longer term goal is to help use this rubric to help change how we teach children in America.

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TechCrunch LA

JANUARY 11, 2021

As the vaccination campaign to counter COVID-19 gets underway (albeit with a rocky start), a number of companies are attempting to support its rollout in a variety of ways. But the app is also providing users with information about COVID-19 care, and, most usefully, prevention and ways to slow the spread.

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Technical Review Software Review Startup Los Angeles 201

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. What excites me about this space is that there’s so much low-hanging fruit.

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Berkonomics

JANUARY 11, 2018

And good board members can add real value to you and the company. Email readers, continue here…] Generative thinkers are relentless in asking questions that get to the core of an idea, often making the originator think more deeply about the effects over a longer period of time. or “How about the public relations impact?”

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Both Sides of the Table

OCTOBER 11, 2016

Gregg Johnson, CEO of Invoca For the first 5 years or so after I became a VC I didn’t talk much about what I thought a VC should be excellent at since frankly I wasn’t sure. It’s easy to think the role of a VC is to have strong opinions about markets, trends, tech dynamics and so forth. I don’t think this is the job.

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Venture Capital Capital CTO Coach Startup 150

Berkonomics

JULY 16, 2020

Growing companies usually require more working capital during their periods of rapid growth. In this insight, we need to speak of the sources of working capital and the implications to the future financial health of the choices made when selecting one financial resource. How about asset-based lenders? It may not be equity.

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Both Sides of the Table

JANUARY 14, 2014

It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. Of course that website isn’t completely up to date but it’s a great resource for seeing the overall picture. The first investment I ever made as a VC was in a company now called Invoca.

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Email SaaS Venture Capital Google 339

Berkonomics

JANUARY 19, 2023

So, let’s bend the meaning to help us focus on resources while preserving those words. and apply it to our management of corporate resources. Here is a way to think about resource management as we make critical decisions that obligate our personal and corporate assets for growth. Take, for instance , time.

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Berkonomics

OCTOBER 26, 2023

Time bankruptcy results from the deliberate over-commitment of core resources. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. You’d know the symptoms, if not the name. Why use this term?

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TechCrunch LA

MARCH 26, 2020

While some of the largest privately held technology companies, like SpaceX and Tesla , have shifted to manufacturing ventilators, smaller companies are also trying to pitch in and relieve scarcity locally. 3D-printing companies are working on new ways to manufacture personal protective equipment and swabs for COVID-19 testing.

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Berkonomics

JANUARY 25, 2024

Everyone, even seasoned CEO’s can use a good coach who knows how to bring out the best in a person, is knowledgeable about the business process, and who has an extended list of relationships to call upon to fill needs that become obvious in the coaching process. Business coaches come in all sizes and shapes.

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Both Sides of the Table

AUGUST 20, 2015

If one entered between 2009-2015 he or she is no doubt in the “hazard” phase where one need to be careful about thinking he know more about the industry than perhaps he do. Too much money too early often f s companies up. No – I’m not talking about YOU – everybody is doing it. ” Well.

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Berkonomics

APRIL 25, 2024

While the CEO and management offer the vision, strategies, and tactics as well as the proposed budget, it is the board that controls with its votes the execution of strategy, the expenditure of cash, the taking on of debt or new equity, the very direction of the company as well as its ultimate health. Then who is most important?

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TechCrunch LA

OCTOBER 21, 2021

Netflix employees staged a walkout yesterday in response to the company’s handling of a Dave Chappelle special that premiered on October 5. He seemed doubtful that he would meet their demand to add a disclaimer about transphobia before Chapelle’s special. Photo by Rodin Eckenroth/Getty Images).

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Berkonomics

FEBRUARY 8, 2024

Let’s talk about the reality of taking money from professional investors. But the intent of these “forced” placements of a representative on the board is obviously to watch over the company’s use of invested funds and to help grow the company in value. It is not the first time we’ve covered this general subject nor the last.

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SoCal CTO

FEBRUARY 22, 2011

Todd Gitlin of Safire Partners was nice enough to compile some data on CTO Equity and Compensation at Venture Backed Companies for the LA CTO Forum and present last year. Todd is a go to resource for people looking for talent in startups. I would be very curious to hear what folks think about this.

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CTO Hire CTO Coach Equity Company 273

SoCal CTO

APRIL 9, 2013

I''ve written before about finding Web Development Firms in Los Angeles. What I didn''t discuss was how you should go about selecting the right company. They''ve been in talks with some consulting companies, but don''t quite the know the criteria for evaluating them and things like references(and where to get them).

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Web Development Web Develop Development 204

Berkonomics

MAY 13, 2021

Several years ago, I wrote a book entitled, Extending the Runway , using parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. The five resources boards and investors can add to a company.

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Berkonomics

DECEMBER 8, 2022

It’s all about focus. She claims that, by reducing the number of issues to three, her team is better able to devote mental and physical resources to a solution than if she allowed her meetings to address a laundry list of issues faced by each of its members. This works for live meetings or those using video team meetings.

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Cloud Computing Resource Report Course 156

Berkonomics

FEBRUARY 15, 2024

Of course, the response depends upon lots of variables, including whether the company is in a fund-raising mode (in which case the CEO may be spending up to 80% of their time on this alone). 10% is typical in exploring strategic concepts, reading about new developments in the industry and just spending quiet time contemplating opportunities.

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Berkonomics

AUGUST 10, 2023

From the moment such an investor looks seriously at your company, the investor or VC partner is thinking of the end game, the ultimate sale of the company or even of an eventual initial public offering. There is no middle ground. Resetting your priorities Taking money from these sources involves resetting priorities over time.

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Venture Capital Sales Invest Class 292

Berkonomics

MAY 20, 2021

Enterprise time, as opposed to personal time management, is the sum total of resources available to a company expressed in terms of time – time to develop, to debug, to produce, to deploy, to respond to issues, and to make changes in plans that are not working. But first, identify what those critical resources are in your company.

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Resource Outsource Development Metrics Customer 156

Berkonomics

JULY 12, 2018

Senior management is usually prepared with an answer, and a good discussion of resource availability and application follows. Once the bottleneck is identified, the solution often comes quickly, requiring little if any board action as management focuses resources on the bottleneck to remove the latest impediment to efficiency.

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Berkonomics

NOVEMBER 4, 2021

It is all about execution. We hold all-company meetings where possible, and departmental meetings to roll out the new plan. This is the description of a well-managed process within what should be a well-managed company. Respond, so that people know you are serious about execution of the plan. Modify what is not working.

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Resource Guide Course Email 156

Berkonomics

SEPTEMBER 13, 2011

Next, return to the list on the board and have the group do its best to divine what it is about your company that would most attract the buyer if it had perfect knowledge of your business and its resources. List what the company would most gain in new resources from this acquirer.

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Company Companies Resource Email 168

Berkonomics

NOVEMBER 24, 2022

In one industry I know well, the dominant player with 22% market share was acquired by one of the largest companies in the technology world. Everyone, including those connected with the newly acquired dominant player, wondered what changes would affect their company and their personal lives and fortunes.

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TechEmpower

JULY 31, 2023

These two questions/answers can help define the early proof points for your company. Don’t worry about scaling just yet. If you know of more resources on this topic, or want to talk about anything startup or tech related, we’d love to hear from you. Please write us at blog@techempower.com !

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Metrics Startup Slides Technical Review 260

Startup Professionals Musings

APRIL 15, 2022

Most people think innovation is all about ideas, when in fact it is more about delivery, people, and process. At the same time, myths about innovation are commonplace in business. Without the necessary focus, discipline, and resources on execution, nothing happens. Ideas are only beginnings. Only startups can innovate.

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Ideas Startup Resource Research 135

socalTECH

MARCH 4, 2010

We thought we'd get the background on the new effort directly from Jason Nazar , CEO and founder of Docstoc, to learn more about the new service. For those who haven't heard yet, tell us about DocStore and what it is all about? We're now at the end of year 3 of the company. The company is going really well.

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Technical Review Rustic Canyon Screening Startup 171

TechCrunch LA

MAY 3, 2022

The company Winters was working for sponsored her MBA to Harvard Business School, and it was there that she came up with the idea for Upgrade. “I The company, which raised $1.7 A hairstylist can help a woman feel better about themselves. The company makes money on the wig and hair sales and saw revenue triple over the past year.

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Tool Customer Custom Marketing 179

TechCrunch LA

MAY 12, 2020

Mogul Millennial : a media startup sharing professional resources for Black entrepreneurs. Su said that shifting to a fully online program was a bit of a shock to the program, which was about one month in when COVID-19’s impact worsened stateside. Charli Cohen : a “next-gen” streetwear fashion brand.

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Berkonomics

JANUARY 5, 2017

So, let’s bend the meaning to help us focus on resources while preserving those words. Here is a way to think about resource management as we make critical decisions that obligate our personal and corporate assets for growth. We can always tell when that critical resource has been over committed. Take, for instance, time.

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Eric Greenspan

APRIL 25, 2013

Apple is a remarkable company. Apple was a remarkable company. Something has to happen to keep this company going and growing. If Apple were my company, here’s what I would do: 1. Well, here’s the real future and where I’d spend most of my resources. Wait, retract. Then again. Innovation.

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Company Companies Netflix Email 126