Berkonomics

DECEMBER 7, 2017

If you are lucky enough to create competition among investors for your company, you can select the investor or group with an individual who has experience in your niche and identifies with your vision. Email readers, continue here…] How do you pay a coach? Original 1994 book. were ultimately sold at a tremendous profit.

Coach 243

Coach Organization Resource IBM 243

Startup Professionals Musings

MAY 11, 2020

Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. Of course you need to discount any investor competitive positioning, but local investment group leaders will quickly tell you the strengths and terms of active investors in your area.

Technical Review 124

Technical Review Funding Innocal Offshore 124

Startup Professionals Musings

FEBRUARY 8, 2013

The passion has to be in the business context – meaning results oriented, customer oriented, and sensitive to competition. Thus you should do the same or more due diligence on educational background, previous work, and references. Look at the big picture first of development, finance, and marketing/sales. Passion for what they do.

Software Review 103

Software Review Equity CTO Hire Outsource Development 103

Startup Professionals Musings

JANUARY 17, 2015

Make sure everyone accurately posts their role with your startup on social media profiles, resumes, and references. Visit reference customers, partners, and vendors. For reference, here is a quick summary of key elements which most investors include in their due diligence process: Key personnel review.

Technical Review 108

Technical Review Startup Satisfaction Entrepreneur 108

Startup Professionals Musings

MAY 24, 2013

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Startup 80

Startup Framework Competition Pricing 80

Startup Professionals Musings

MARCH 16, 2016

This term refers to an initial venture-capital investment, often wrongly sought to seed early product development. These terms refer to a class of professional investors who invest their own money, like angels, but have the larger resources and scope of venture capitalists with other people’s money. Sweat equity.

Startup 57

Startup Software Review Equity Invest 57

Startup Professionals Musings

SEPTEMBER 8, 2010

One of the key sections of any business plan is the analysis of the competition. Investors take that to mean either 1) there is no market for your product, or 2) you don’t understand the concept of business and competition. It will certainly also decrease profitability over time, as well as test your sustainable competitive advantage.

Startup 86

Startup Competition Pricing Framework 86

Startup Professionals Musings

SEPTEMBER 10, 2014

Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. Of course you need to discount any investor competitive positioning, but local investment group leaders will quickly tell you the strengths and terms of active investors in your area.

Technical Review 103

Technical Review Innocal Offshore Entrepreneur 103

Berkonomics

JULY 3, 2010

If you are lucky enough to create competition among investors for your company, you can select the investor or group with an individual who has experience in your niche and identifies with your vision. Email readers continue here.] There must be many more creative ways to pay a coach, especially for early stage businesses.

Coach 179

Coach Organization Resource Equity 179

Both Sides of the Table

MAY 24, 2018

You company is the product and you’re selling an equity ownership in your company but much more broadly you’re selling trust & confidence that you’re going to build something enormously valuable and that you’re going to be enjoyable to work hand-in-hand with over the coming decade of each other’s lives.

Venture Capital 314

Venture Capital Technical Review Invest Slides 314

Startup Professionals Musings

MARCH 27, 2016

Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. Of course you need to discount any investor competitive positioning, but local investment group leaders will quickly tell you the strengths and terms of active investors in your area.

Technical Review 63

Technical Review Innocal Offshore Entrepreneur 63

Tech Zulu Event

MARCH 16, 2015

There’s plenty of capital out there, but there’s also a lot of competition for startup funding. Expect to be diluted by 20-25% with each equity round. They’re typically issued at a 10-20% discount to equity depending on the timeframe; higher range is for longer timeframes. His best advice: take capital where you can get it.

Startup 40

Startup Venture Capital Equity Funding 40

Both Sides of the Table

SEPTEMBER 23, 2010

Have you reference them? Have you looked at competition? How well financed is the competition? Convertible or equity? It’s called competition. It’s healthy competition. Typical questions: What do you think of management? How well do you know them? What is their market traction? At what valuation?

Pricing 292

Pricing Entrepreneur Technical Review Venture Capital 292

Both Sides of the Table

MAY 23, 2010

a loan) that is later converted to equity at the time of the next financing. 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. But I used to jokingly refer to bridge loans as “pier&# loans.

Startup 290

Startup Funding Venture Capital Pricing 290

Startup Professionals Musings

FEBRUARY 4, 2012

All private equity groups go about due diligence in their own way, but there are a few key areas of focus that entrepreneurs should always expect: Team strength and health. Investors will likely talk to dozens of potential customers, starting with your reference list (undoubtedly well prepped). Sustainable competitive advantage.

Technical Review 94

Technical Review Startup Writing Competition 94

socalTECH

JUNE 20, 2012

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. To get any notice from any accelerator, the best thing is to have their current companies and mentors refer you. Sam Teller: Great question.

Class 261

Class Mentor Startup Santa Monica 261

Both Sides of the Table

JULY 11, 2010

[if you're not old enough to get the reference between this image and the title you can click on the image for a prompter]. These are not to be confused with incubators like YCombinator or IdeaLab which look to invest in your company and take equity positions. But I now want something more industrial scale – the next size up.

Startup 285

Startup Venture Capital Incubator Entrepreneur 285

socalTECH

JANUARY 26, 2010

Russell Stern: Most semiconductor companies have to have to do board designs anyway, for reference designs, and to further qualify them, certify them, and get them through agency approvals. Our competitive benchmarks are surpassed by no others. What that gives our customers, is a great edge in performance.

Networking 124

Networking Startup Design Customer 124

Startup Professionals Musings

OCTOBER 22, 2010

All private equity groups go about due diligence in their own way, but there are a few key areas of focus that entrepreneurs should always expect: Team strength and health. Investors will likely talk to dozens of potential customers, starting with your reference list (undoubtedly well prepped). Sustainable competitive advantage.

Technical Review 90

Technical Review Writing Competition Tips 90

Tech Zulu Event

AUGUST 4, 2015

For example, there are the private company valuation figures that get bandied about: think the numbers people reference for Uber and AirBnB for example. The industry’s competitive dynamics. Do you see the overlap with the factors that come into play for equity valuations? Recent equity sales i.e., comparables.

IP 40

IP Equity Examples Guide 40

Startup Professionals Musings

DECEMBER 16, 2013

These are investor slang terms referring to how fast money is being spent, with an implicit question of how long the startup can survive before breakeven or another cash infusion is required. Provisional patents, or lawsuits pending, don’t add up to a strong sustainable competitive advantage. How much “skin” is already in the game?

Startup 101

Startup Invest Patents Entrepreneur 101

InfoChachkie

MAY 16, 2011

Thus, you must first create the playbook by which an independent sales rep can readily sell your product, including: identifying objections and developing strategies to overcome them, creating reference accounts and establishing meaningful customer adoption. 2) Secure Your Intellectual Property Too Early.

Startup 242

Startup Outsource Development Outsource Sales 242

Startup Professionals Musings

NOVEMBER 2, 2012

These are investor slang terms referring to how fast money is being spent, with an implicit question of how long the startup can survive before breakeven or another cash infusion is required. Provisional patents, or lawsuits pending, don’t add up to a strong sustainable competitive advantage. How much “skin” is already in the game?

Startup 97

Startup Invest Patents Customer 97

InfoChachkie

APRIL 3, 2012

When I say “get personal,” I am referring to non-typical questions designed to determine who the candidate really is. Did you play any team or individual sports competitively? If the applicant does not appropriately value your startup’s equity, quickly usher them out the door. Sample Personal Questions. What were their dreams?

Entrepreneur 219

Entrepreneur Startup Equity Journal 219

Startup Professionals Musings

SEPTEMBER 5, 2011

These are investor slang terms referring to how fast money is being spent, with an implicit question of how long the startup can survive before breakeven or another cash infusion is required. Provisional patents, or lawsuits pending, don’t add up to a strong sustainable competitive advantage. How much “skin” is already in the game?

Entrepreneur 95

Entrepreneur Startup Invest Patents 95

Both Sides of the Table

JANUARY 21, 2010

If you don’t follow the image reference above or the tag line, “ You don’t need double talk; you need Bob Loblaw “ (try saying it out loud) , and if you care! You never got around to agreeing exact equity splits but you had many conversations about it. But make it competitive. the link is here.

Startup 318

Startup IP Southern California Entrepreneur 318

Startup Professionals Musings

AUGUST 20, 2010

These are investor slang terms referring to how fast money is being spent, with an implicit question of how long the startup can survive before breakeven or another cash infusion is required. Provisional patents, or lawsuits pending, don't add up to a strong sustainable competitive advantage. How much "skin” is already in the game?

Startup 91

Startup Invest Patents Entrepreneur 91

InfoChachkie

JUNE 25, 2009

Some startup attorneys will accept a portion of their initial fees in the form of equity. When you hit the inevitable bumps in the road, a lawyer who has an equity stake in your business is more likely to be flexible with respect to payment terms and more willing to give you quick, off-the-clock feedback and guidance.

Technical Advisors 124

Technical Advisors Technical Review IP Patents 124

Both Sides of the Table

MARCH 3, 2013

Back to Mr. Christensen, “We subsidize their education in fields for which there are no jobs” he said in referring to the fact that many courses at universities are still taught with skills that aren’t relevant to the 21st century needs of the US workforce. He spoke about ROCE (return on capital employed). Freemium.

Venture Capital 403

Venture Capital Education Offshore Outsource Development 403

Startup Professionals Musings

SEPTEMBER 11, 2023

I refer back to the classic book, “ A Crowdfunder’s Strategy Guide ,” by Jamey Stegmaier, one of the biggest thought leaders on crowdfunding, and who has also run several successful Kickstarter projects, that together have raised many millions of dollars. billion globally by 2030, but that doesn’t mean it’s easy.

Startup 100

Startup Equity Entrepreneur Demand 100

Startup Professionals Musings

DECEMBER 26, 2020

I refer back to the classic book, “ A Crowdfunder’s Strategy Guide ,” by Jamey Stegmaier, one of the biggest thought leaders on crowdfunding, and who has also run several successful Kickstarter projects, that together have raised many millions of dollars. We still have no experience on how well this will work.

Startup 151

Startup Equity Funding Demand 151