socalTECH

AUGUST 6, 2019

Ian talked to us about the rewards and challenges of being an entrepreneur, plus how important it is to manage lifetime value (LTV) of a customer versus customer acquisition cost (CAC) in making a successful company. (We Ian Chen: In my previous life, I was working in private equity in LA. How are you funded?

Startup 113

Startup Equity Customer Custom 113

Startup Professionals Musings

JUNE 8, 2016

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Very few entrepreneurs I know have the patience and time to communicate to the satisfaction of all investors.

Funding 57

Funding Startup Satisfaction Entrepreneur 57

Startup Professionals Musings

MARCH 8, 2011

I’ve written about this before, but I was surprised again recently at a conference for startups when a couple of entrepreneurs started berating investors for their low rate of funding for early-stage startups. Make sure they understand the sense of urgency to address customer satisfaction and market needs. “I Marty Zwilling.

Funding 96

Funding Startup Satisfaction Customer 96

Startup Professionals Musings

DECEMBER 15, 2014

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding. Entrepreneurs need to start small and pivot quickly.

Startup 110

Startup Entrepreneur Satisfaction Legalzoom 110

Startup Professionals Musings

JUNE 28, 2013

Based on the latest Startup Environment Index from the Kauffman Foundation and LegalZoom, personal money, or bootstrapping, continued to be the primary startup funding in 2012. Eighty percent of new entrepreneurs used this approach, with only six percent using investor funding. entrepreneur startup investor funding business'

Startup 105

Startup Satisfaction Entrepreneur Legalzoom 105

Startup Professionals Musings

OCTOBER 20, 2019

Too many customers have long felt distanced from many successful brands, seeing them as closed and mysterious environments, focused only on profits and killing competitors. In the idea stage, get customers involved with an engaging contest. Offer equity in future projects to people outside your business. Shared goodwill (trust).

Organization 52

Organization Social Media Examples Customer 52

Startup Professionals Musings

APRIL 22, 2015

Too many customers have long felt distanced from many successful brands, seeing them as closed and mysterious environments, focused only on profits and killing competitors. In the idea stage, get customers involved with an engaging contest. Offer equity in future projects to people outside your business. Shared goodwill (trust).

Startup 99

Startup Organization Social Media Customer 99

Startup Professionals Musings

NOVEMBER 12, 2017

Too many customers have long felt distanced from many successful brands, seeing them as closed and mysterious environments, focused only on profits and killing competitors. In the idea stage, get customers involved with an engaging contest. Offer equity in future projects to people outside your business. Shared goodwill (trust).

Organization 57

Organization Social Media Customer Custom 57

Startup Professionals Musings

APRIL 13, 2013

I’ve written about this before, but I was surprised again recently at a conference for startups when a couple of entrepreneurs started berating investors for their low rate of funding for early-stage startups. It sounded to investors like me that they expected a funding entitlement for their startup idea. Marty Zwilling.

Startup 98

Startup Satisfaction Customer Custom 98

Tech Zulu Event

MARCH 7, 2013

CapLinked also netted in new customers such as Thomson Reuters, Sun Capital, and Equity Partners, NextView Ventures and crowd-funding service AI Verified which will take advantage of its iPad compatibility, bulk uploading, and reporting tools. According to Eric M.

Mobile 91

Mobile Report Pricing Tool 91

Startup Professionals Musings

MARCH 13, 2014

Too many customers have long felt distanced from many successful brands, seeing them as closed and mysterious environments, focused only on profits and killing competitors. In the idea stage, get customers involved with an engaging contest. Offer equity in future projects to people outside your business. Shared goodwill (trust).

Organization 93

Organization Social Media Customer Custom 93

Startup Professionals Musings

JULY 20, 2014

I’ve written about this before, but I was reminded again a while back at a conference for startups when an entrepreneur started berating investors for not funding early-stage startups. It sounded to investors like me that they felt a funding entitlement for their startup idea. Health care is a need, like water or food, and not a right.

Startup 96

Startup Entrepreneur Satisfaction Customer 96

Startup Professionals Musings

APRIL 15, 2016

Billionaire entrepreneur and "Shark Tank" co-host Mark Cuban is an outspoken proponent of the all-in early approach, and has made it clear that he gives no credibility and low odds to founders seeking funding who have not fully committed their time and efforts to their cause.

Entrepreneur 63

Entrepreneur Startup Satisfaction News 63

InfoChachkie

OCTOBER 24, 2011

It may sound counterintuitive, but the greater constraint investors place on their financial resources during a downturn, the better your chances of success, given (of course) that your adVenture is able to either secure funding or generate adequate revenue from customers, as described below in reason #7 – Customer Dollars Taste Great.

Company 257

Company Companies Startup Study 257

Startup Professionals Musings

MARCH 23, 2012

I’ve written about this before, but I was surprised again recently at a conference for startups when a couple of entrepreneurs started berating investors for their low rate of funding for early-stage startups. It sounded to investors like me that they expected a funding entitlement for their startup idea.

Startup 93

Startup Satisfaction Customer Custom 93

InfoChachkie

JANUARY 16, 2018

We have customers from so many different industries like software, financial services, healthcare, and media. Semick: In the beginning, many of our conversations were about whether we wanted funding from angel investors and eventually VCs. We could also spend time talking with customers rather than updating investors.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Startup Professionals Musings

JUNE 2, 2011

You get the personal satisfaction of making something out of almost nothing. But if you've spent all your money on the website for party supplies, you may not have the funds to have the site redone. Businesses can be built on sweat equity. Ask satisfied customers to spread the word on yelp, tripadvisor, Angieslist, etc.,

Startup 92

Startup Capital Blogging Ideas 92

InfoChachkie

JUNE 27, 2011

If you are able to self-fund your venture, then you might be able to eventually acquire an institutional investment by initially not asking for money. Meet with potential VCs, and make it clear that you are not currently seeking funding. To ensure the satisfaction of all your stakeholders, use the same approach with your venture.

Entrepreneur 270

Entrepreneur Startup Venture Capital Resource 270

TechCrunch LA

JULY 15, 2021

One such startup, Abodu , has raised $20 million in a Series A funding round led by Norwest Venture Partners. “John, Eric, and their team manage the end-to-end process of permitting, building, and installing on behalf of their customers,” he told TechCrunch. housing market persists.

Los Angeles 322

Los Angeles Customer Custom Startup 322

SoCal CTO

DECEMBER 1, 2010

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. No Business Plan Survives First Contact With A Customer – The 5.2 The United States is now a debtor nation to China and that the bill is about to come due.

Technical Review 175

Technical Review Startup Product Technology 175