Startup Professionals Musings

SEPTEMBER 30, 2013

Every investor expects to see some business traction, both before and after a funding event. For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Get a real customer and real revenue. Traction means forward progress. Letters of intent or endorsement.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

Startup Professionals Musings

DECEMBER 24, 2012

Here is my list of top ten action items to best prepare you for success in achieving a funding event with Angels: Incorporate the business now. The corporate entity lends itself best to the concept of “sharing” equity required by investors, and unincorporated entities don’t get funding. Close at least one initial customer.

Angel 104

Angel Screening Summary Startup 104

Startup Professionals Musings

AUGUST 31, 2012

Every investor expects to see some business traction, both before and after a funding event. For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Get a real customer and real revenue. Traction means forward progress. Letters of intent or endorsement.

Startup 104

Startup CTO Hire Press Customer 104

Startup Professionals Musings

NOVEMBER 4, 2011

Here is my list of top ten action items to best prepare you for success in achieving a funding event with angels: Incorporate the business now. The corporate entity lends itself best to the concept of “sharing” equity required by investors, and unincorporated entities don’t get funding. Close at least one initial customer.

Invest 99

Invest Angel Technical Review Summary 99

Startup Professionals Musings

JUNE 17, 2011

Every investor expects to see some business traction, both before and after a funding event. For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Get a real customer and real revenue. Traction means forward progress. Letters of intent or endorsement.

Startup 101

Startup CTO Hire Press Customer 101

Startup Professionals Musings

SEPTEMBER 23, 2010

Here is my list of top ten action items to best prepare you for success in achieving a funding event with angels: Incorporate the business now. The corporate entity lends itself best to the concept of “sharing” equity required by investors, and unincorporated entities don’t get funding. Close at least one initial customer.

Angel 89

Angel Funding Technical Review Startup 89

Startup Professionals Musings

MAY 22, 2010

Every investor expects to see some traction, both before and after a funding event. For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Get a real customer and real revenue. Traction means forward progress. Register some intellectual property.

Tips 88

Tips Startup CTO Hire Press 88

SoCal Delicious

SEPTEMBER 13, 2012

Participating companies get between $4,000 and $8,000 in addition to mentorship and office space while participating in the 12 week program, and have to give up zero equity in exchange. Todays event is private and geared toward investors. It also won a number of key patents bit.ly/RiJCFI Follow PandoDaily: Search.

UCLA 47

UCLA Invest Startup Class 47

SoCal Delicious

SEPTEMBER 19, 2012

Even though their business model was tweaked a little while ago to give customers additional leniency, the business is still expecting to break $100 million in revenue this year, up from $25 million in 2010. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com.

Technical Review 75

Technical Review Entrepreneur Riot Games Southern California 75