Why I Look for Obsessive and Competitive Founders

Both Sides of the Table

He wants to compete to be the lead drummer in the competitive ensemble and study under Terence, an obsessive instructor who is hell bent on winning competitions for the school. But the film has my brain buzzing all week about obsessive and competitive people. Obsession.

Qualcomm Ventures Kicks Off Startup Competition

socalTECH

San Diego-based Qualcomm Ventures , the venture investment arm of Qualcomm, has kicked off its annual venture competition, the QPrize , dangling seven $100,000 regional prizes and a $150,000 grand prize. Qualcomm said the deadline for the startup competition this year is April 18th.

Qualcomm Ventures Sweetens Pot In QPrize Competition

socalTECH

San Diego-based Qualcomm said Thursday that it is doubling the size of its QPrize annual investment funding competition, and will now award $250,000 in convertible note financing to regional winners, with an additional $250,000 to grand prize winners. This will be the fifth year of the competition. qualcomm ventures qprize competition prize seed investment venture capital

Meet Our Startup of the Year Competition Semifinalists: Picking Duck

Tech.Co

Among the participants that applied for the online competitions, only a progressed into the semi-finals. Tech.Co: What was the road like leading up to your initial pitch for the competition? Manubay: Leading up to the initial, local pitch competition we were pitching to family and friends for practice and for possible investment opportunity.

Be careful how you define your competition.

Berkonomics

Professional investors laugh when they hear an entrepreneur state, “We have no competition.” That statement has killed more investment deals than almost any other. Remember that the buyer must commit resources, money and time, toward the purchase of your product, and even if the product repays its investment in a few months, there may be issues you know nothing about that make no decision the right decision for this and perhaps many buyers.

How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I know now that investments will consume many hours including late nights / early mornings and weekends. Often as I describe to people privately why I invested the first reaction is not to immediately get it.

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Meet Our Startup of the Year Competition Semifinalists: Mobile Therapy

Tech.Co

From apps to hardware, to KickStarter successes and international startups, we’re inching closer to finding out who will take home the title of Startup of the Year competition at our annual Celebrate Conference in October. Among the dozens of participants that applied for the online competitions, only a few progressed into the semifinals. Co: What was the road like leading up to your initial pitch for the competition?

Qualcomm Launches Second Annual Venture Competition

socalTECH

San Diego-based Qualcomm said Tuesday that it is launching its second annual venture investment competition, the Qualcomm Ventures QPrize competition. According to the firm, this year's competition will provide up to $750,000 in seed funding to entrepreneurs working on mobile ventures. South Korea and Israel are new markets for Qualcomm's competition. Tags: qualcomm ventures venture capital competition

Do you engage an investment banker?

Berkonomics

Many CEOs have asked me if I felt an investment banker adds value if the buyer has already been identified. Investment bankers sometimes slow the process by requiring a “deal book” to be prepared containing considerable information about a company to help a buyer.

Invest 232

The Best Entrepreneurs Are Hyper Competitive & Hate Losing

Both Sides of the Table

Competitiveness - One attribute that I believe most VCs look for in entrepreneurs is competitiveness. If you stumble on to a really good idea believe me it will get competitive really quickly. This competitive streak paid off.

Qualcomm Names Venture Investment Prize Winner

socalTECH

San Diego-based Qualcomm has named the winner of its annual, Qualcomm Ventures QPrize Venture Investment Competition, the company said this morning. iOnRoad had previously won $100,000 from Qualcomm for winning the Israeli region competition of Qualcomm's QPrize competition. Qualcomm's venture prize competition is in its third year. qualcomm venture capital prize qprize competition israeli ionroad

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Insights and Opinions: Top 10 Ways to Win a Business Plan Competition

socalTECH

This time, Frank gives the Top 10 Ways to Win a Business Plan Competition. I'm a judge in a local university's business plan competition. Over the past few years I've been involved in different ways in the UC Irvine, Paul Merage School of Business, Business Plan Competition.

Using Technology to Realize a Competitive Advantage

Tech Zulu Event

Computers and the Internet have now brought in a new era that relies on data to make profitable business decisions in the competitive environment. Below is a full explanation of how small businesses can leverage technology to earn a competitive advantage in the marketplace.

Crowdfunder Dangles $25K In LA Startup Competition

socalTECH

Barnett said the contest comes since the firm is not quite able to crowdfund investments for companies yet, but wants to help LA startups get the attention to meet angels and venture capitalist, along with other investors, through its platform. Crowdfunder , an online site offering up a platform to help startups raise money for their firms via crowd funding, is dangling $25,000 in a contest open to Los Angeles companies.

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

Bill doesn’t think you should over invest in them but he does believe in protecting ideas when you have a true invention and many of his companies have done so. Last night I had the great privilege to interview Bill Gross , one of the Internet’s true pioneers.

Qualcomm Invests $100K In MightyText

socalTECH

Qualcomm said it awarded the venture financing to MightyText as the top prize in the North American Regional Semi-Finals of its 2012 QPrize venture investment competition. qualcomm mighttext venture capital android qprize competition contest

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A Venture Capitalist’s Take on Investing in Cannabis

Tech.Co

The cannabis industry has been filled with innovation and investment in recent years. Do you play it safe and invest in industries with less baggage? Take a look at our interview below and decide whether or not you want to invest in cannabis. As with any regulated market, investing in cannabis comes with unique risks, but the industry will produce some massive businesses in the next 5-10 years,” said Conlon in an interview with Tech.Co.

The Very First Startup Founder You Need to Invest in is You

Both Sides of the Table

This week I wrote about obsessive and competitive founders and how this forms the basis of what I look for when I invest. I had been thinking a lot about this recently because I’m often asked the question of “what I look for in an entrepreneur when I want to invest?”

Invest 419

The Berkus Method: Valuing an Early Stage Investment.

Berkonomics

For those of us who’ve invested in early stage companies, especially technology startups, we have confronted a universal problem. There are many ways to project the value of a company for purposes of pricing an investment, but all rely upon the revenue and profit projections of the entrepreneur as a starting point. Strategic relationships (reducing market risk and competitive risk) $1/2 million.

Invest 250

Angel Investment Criteria

SoCal CTO

The example he uses is: THE RAISE Investment $500,000 Pre Money $600,000 Post Money $1,100,000 OWNERSHIP Founders 55% Investors 45% EXIT Sale Price $5,000,000 Time 5 years INVESTOR RATIOS ROI 355% Multiple 4.55x IRR 35% NPV @ 10% $828,000 Admittedly that valuation and the resulting ownership causes me to wonder, but the most interesting aspect is that Bob is talking about investing in a much smaller exit, with no future investment planned. See investment criteria #1 from TCA.

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Is Your Startup Ready for Investment Capital?

Tech Zulu Event

You can also do some competitive analysis at this point, researching similar companies to find out their gross margins, profit, and overhead, and use these findings as a guidepost. The post Is Your Startup Ready for Investment Capital? You’ve identified a pain point.

Invest 100

San Diego 3rd Annual Quick Pitch Competition

SoCal Tech Calendar

Thursday, October 8, 2009 -- San Diego 3rd Annual Quick Pitch Competition. Announcing the third annual Quick Pitch competition, showcasing talented entrepreneurs seeking funding. Each pitch will be judged based upon investment potential and presentation quality. Competition winners will be announced at the conclusion of the evening and presented with 2009 Quick Pitch Awards.

Please Help Me Congratulate Jordan Hudson as @UpfrontVC’s Newest Investment Principal

Both Sides of the Table

Most associates need some entrepreneurial experience before actually making investments. Ability to source information easily to help build a thesis around companies / industries / competition. And effective immediately Jordan will have the authority to make investments.

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CapLinked Worldwide Pitch Competition | Submit Your Startup

Tech Zulu Event

CapLinked , the online platform for private investment funded by members of the “ PayPal Mafia “—announced that it is launching a worldwide pitch competition for entrepreneurs to present their business ideas to a panel of all-star judges from Idealab, Rincon, Rapidfire, and Actarus. Entrepreneurs from all over the globe and in any industry can submit their pitch to CapLinked’s Business Plan Competition.

Why I Doubled Down on YouTube Investments with MiTú

Both Sides of the Table

Last year at this time I spoke at VidCon and gave this presentation in which I said YouTube was “the Walmart of Online Video” but I also commented that I felt YouTube was vulnerable to competition because their rev share to MCNs wasn’t high enough to allow MCNs to build a profitable business inside of YouTube.

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Montreal’s reelyActive Wins Startup World Competition | Becomes ‘World’s Best Startup’

Tech Zulu Event

2020 seems like a decade away into space, however Motreal-based reelyActive, the winner os Startup World Competition , is doing just this. The post Montreal’s reelyActive Wins Startup World Competition | Becomes ‘World’s Best Startup’ appeared first on TechZulu.

The Entrepreneur Association Can’t Be Stopped | Holding 90 sec Fast Pitch Competition

Tech Zulu Event

The EA Conference annual fast pitch competition offers aspiring entrepreneurs the opportunity to pitch their business idea in 90 seconds or less to a panel of judges, providing high exposure to the investment and Venture Capitalist community. You read that right.

Chris Hollod On Investing With Ashton Kutcher, Guy Oseary, and Ron Burkle

socalTECH

Many investors, and many startups have heard of A-Grade Investments �the investment firm created by Ashton Kutcher , Guy Oseary , and Ron Burkle �and the many investments it has made, in such huge, breakout companies as Uber, Airbnb, Spotify, Pinterest, Warby Parker, Houzz, Nest, and many others�an investment that has now grown to be worth more than $250M. Wallach on investments out of a new fund, Inevitable Ventures. Ron chose me to manage those investments.

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Why Did I Invest in the Company Pose?

Both Sides of the Table

What I’d like to do is tell you the story of how the investment came to be, what my thesis is / was and share some thoughts on macro trends. The Team – I’m on record as saying that 70% of my investment criteria are team related.

5 Financial Strategies that will always beat your Competition

SoCal Tech Calendar

Tuesday, May 25, 2010 -- TechAmerica Century City Greater LA Finance Network Group Presents: 5 Financial Strategies that will always beat your Competition. 5 5 Financial Strategies that will always beat your competition: 1. Invest in CPI 3.Improved productivity results 4. If it costs 7 times more to find new clients than to keep existing ones 2. Have provable and quantifiable customer benefits 5. Be where your customers are and optimize their experience. See [link].

How TenOneTen Ventures Is Investing In LA's Technology Future

socalTECH

Explain what kinds of investments TenOneTen makes or hopes to make? David Waxman: We''ve been making investments since the beginning of the year. Our investments include companies in the search technology space, such as SRCH2, which is one of our early investments.

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Insights and Opinions: Fifteen things investment bankers won't tell you

socalTECH

For today's Insights and Opinions section, we have an article from Megan Lisa Jones , an investment banker, on the Fifteen things investment bankers won't tell you. Get some competition going for your deal and then you'll see more pricing flexibility.

Invest 141

Creating the Next Generation of US Employees. My Investment in Treehouse

Both Sides of the Table

I’ve just completed an investment in Ryan Carson’s new company, TreeHouse. I’m investing heavily in Internet video. So I invested in Maker Studios , which is now the 3rd largest producer of Internet video on the web.

Invest 321

Boosting the US Economy | Invest in Research & Development for Tax Credit

Tech Zulu Event

Drawing from the UK Seed Enterprise Investment Scheme (SEIS) experience, US Senator Chris Coons will talk about the version of the Research & Development tax credit bill he sponsored on August 8 in New York City.

I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). As I naturally get asked all the time why we invested in Company A or Company B, I thought I’d just put forth my thesis in writing. Naturally I’m excited about this investment or I wouldn’t have done it.