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Financing with grants, not equity or debt

Berkonomics

A company like this grows in value to its customers and to prospective buyers of the business, but without any dilution of control or ownership for the founders. And often, grants come with detailed accounting and reporting requirements. The post Financing with grants, not equity or debt first appeared on BERKONOMICS.

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Report: Fair Cuts Nearly Half Of Staff, Replaces CFO

socalTECH

Santa Monica-based Fair , the subscription vehicle service lead by startup veteran Scott Painter, is laying off 40 percent of its staff, according to reports , and also is replacing its CFO. The report says that current CFO Tyler Painter, the brother of CEO Scott Painter, is being replaced by Kirk Shryoc.

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BlackLine Systems: Revenues Up 50 Percent This Year

socalTECH

Los Angeles-based accounting software developer BlackLine Systems reported this morning that its revenues are up more than 50 percent again this year, which it says is the seventh year in a row for the company. The announcements comes only a few months after a big private equity investment for the company. READ MORE>>.

Equity 192
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How Baby Boomers Fit In The Realm Of Entrepreneurship

Startup Professionals Musings

Yet credible reports on current trends tell us just the opposite. According to a report last year from the Kauffman Foundation , the highest rate of entrepreneurship in America shifted a few years ago to the Boomer age group, compared to Gen-X (1965 to1980) and Gen-Y (1981 to 1995). Manage customer service.

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MomentFeed Names Tech Veteran Nick Hedges As CEO

socalTECH

MomentFeed is venture backed by Level Equity, Signia Venture Partners, Draper Nexus and DFJ Frontier. Hedges also previously has served at Bain & Company, Accenture.com, and Ogilvy & Mather. READ MORE>>.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Commit to a major customer.

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5 Reasons To Enlist Outside Advisors For Your Startup

Startup Professionals Musings

In fact, the cost may be minimal, if you do your networking and build a relationship with an experienced business executive or two in your domain who are willing to share and give back for a nominal retainer, perhaps one percent of your new startup equity. The cost of a co-founder is usually fifty percent of your equity.

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