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US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

My advice to entrepreneurs was and is “ when the hors d’oeuvres tray is being passed take two ” (e.g. So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. raise money now to weather any storms).

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Announcing The Socaltech 50: Southern California's Up-and-Comers

socalTECH

Sam Teller ,LaunchpadLA (Los Angeles, incubator). Ashish Soni , USC (Los Angeles, incubator/university). Internap , PricewaterhouseCoopers , Demand Media , Stubbs, Alderton & Markiles LLP , Oracle , Cresa Partners , UK Trade & Investment , PIXT , and many others. Ophir Tanz , GumGum (Los Angeles, advertising).

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9 Women Can’t Make a Baby in a Month

Both Sides of the Table

The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. This benefits you, the entrepreneur. It takes options off of the table.

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An LA-led, public-private partnership pitches a $150B green infrastructure package to Congress

TechCrunch LA

All of that charging infrastructure and grid upgrades are in part designed to help meet the increased power demands that the proposal expects to bring onto the grid through another $25 billion in government funding for electric vehicles of all types.

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Fail fast!

Berkonomics

And if the vision of the entrepreneur is flawed, or the product impossible to create within cost and time expectations, or the demand impossible to quantify, or revenues never close to plan, then it is time to rethink the plan and product. There should be no shame to the entrepreneur in admitting such a failure.

Incubator 149
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Do you agree with “Fail fast?”

Berkonomics

If you discover and become convinced that your vision is flawed, or the product impossible to create within cost and time expectations, or the demand impossible to quantify, or revenues never close to plan, then it would certainly be time to rethink the plan and product. Could you pivot to save the company? Ragged edges all four sides.”

Incubator 156
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Savvy Entrepreneurs Look for More Than Funding

Startup Professionals Musings

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Early or embryonic stage. Funding or rollout stage.