How Halla Is Using AI To Personalize Food, With Spencer Price

socalTECH

We spoke with CEO and co-founder Spencer Price to learn more about the company. Spencer Price: Halla is the only software company to dynamically profile human tastes so we can help people make better choices. Spencer Price: That's a fair question. Spencer Price: The customer experience with e-commerce has become less and less human, as algorithms on digital platform replace human interaction. Spencer Price: It's a bit of a circuitous route.

This Immigrant Entrepreneur Launched Her Billion Dollar Empire, Despite Speaking No English

InfoChachkie

Ida wasn’t even the first modern-day entrepreneur to offer women brassieres. The campaign was so successful that it ran through the 1960’s and allowed Maidenform to sell their products at premium prices, well above those of their competition. Entrepreneur Launching Venture

Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet.

What Tech Entrepreneurs Could Learn from Chamillionaire

Both Sides of the Table

On why you should be an entrepreneur, “A lot of people do what they have to do. He wanted to create awareness for himself to generate marketing buzz and demand and then get the retail stores to pay wholesales prices for his cds. He created demand.

Exit timing and price: WHEN to sell? How long does it take?

Berkonomics

His groundbreaking book, “Early Exits” has become a textbook for angel groups and entrepreneurs throughout the world. His Strategic Exits Corporation provides M&A advisory services, and he is much in demand as a speaker at angel and entrepreneur events worldwide. – Dave.

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” It’s the most common refrain I hear from investors and even entrepreneurs these days. I think there is also no denying the role that Richard Rosenblatt has played in building the LA tech ecosystem and spawning great entrepreneurs who followed in his footsteps.

How Entrepreneurs Can Win With Big Data

Tech Zulu Event

Entrepreneurs and startups operate within a David versus Goliath environment. There are definitely ways small startups and entrepreneurs can use data to gain a significant advantage. Entrepreneurs and Flexibility. This is a weakness entrepreneurs need to exploit.

Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death

InfoChachkie

Just as Batman repeatedly avoids Poison Ivy’s kiss of death, so too must entrepreneurs avoid the Kiss of Death provisions which BDCs attempt to include in their agreements. Agree to Bundling Without a Minimum Price. Classic Post Entrepreneur Partnerships

How ZendyHealth Is Adding Price Transparency To Healthcare

socalTECH

Los Angeles-based ZendyHealth (www.zendyhealth.com) thinks it has figured out a way to help both patients and doctors by helping connect patients to doctors and specific procedures, with upfront pricing. It's an on-demand, name your own price service.

Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Intent : Investor / entrepreneur conflicts often arise when a company contemplates an exit opportunity.

ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. In Part II of this series, I suggest that entrepreneurs seek agreements in which “what is good for the goose is good for the gander.”

Why Super Pro-rata Rights are Not a Good Deal for Entrepreneurs

Both Sides of the Table

Yesterday I saw a Tweet from Chris Sacca fly by that prompted me to want to write a blog post helping entrepreneurs understand why they should push back against VCs asking for “super pro-rata” rights.

Make More, Work Less – Create A Veblen Brand

InfoChachkie

Other Supreme apparel sells in the aftermarket for hundreds more than their retail prices, including box logo hoodies which typically sell for between $500 – $1,000. A Veblen good does not adhere to the traditional laws of price and demand. Entrepreneur

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Honk Launches On Demand Roadside Help Service, Raises $1.8M

socalTECH

Honk said it offers up roadside services for prices as low as $49, 24 hours a day, 7 days a week--and also claims to be 50 percent faster than services like AAA. Honk is led by serial entrepreneur Corey Brundage. Have a flat tire, locked yourself out of your car, or need a tow--but not a member of a roadside assistance service? Santa Monica-based Honk has launched a service for you, specifically to let you summon roadside help using your smartphone--without a membership.

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Tutors App: Flexible Tutoring Whenever You Need It

Tech.Co

We talk a lot about college entrepreneurs here at Tech.Co, but what about the younger generations? Specifically, two high school seniors in LA, Dillon Rosenblatt and Tyler Makhani, recently built out an app called Tutors , a platform for on demand tutoring.

ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Entrepreneurs should never agree to the following provisions when negotiating with a BDC, no matter how lucrative the potential relationship.

Evercar: Making EVs The Vehicles Of Choice For On-Demand Drivers

socalTECH

In the world of on-demand driving�such as driving for Uber and Lyft--one of the biggest costs for drivers it the cost of owning, maintaning, fueling, and cleaning their vehicles. Why target the on-demand economy? driving for on-demand services.

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Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Intent : Investor / entrepreneur conflicts often arise when a company contemplates an exit opportunity.

Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

Entrepreneurs who experience promising initial success also play a similar game. Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Entrepreneur The Fringe Venture Capital

Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

Entrepreneurs who experience promising initial success also play a similar game. Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Tags: Entrepreneur The Fringe Venture Capital

ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Entrepreneurs should never agree to the following provisions when negotiating with a BDC, no matter how lucrative the potential relationship.

4 Entrepreneurs Explain The Latest Advancements In Machine Learning

Tech Zulu Event

Four entrepreneurs share their observations and predictions for the machine revolution; exploring the advancements in tech with a crossover into finance, education, e-commerce and art. The effects of this mean reduced demand for financial personal services, and a rise of the data scientist.

The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Both Sides of the Table

My initial reaction to Adeo when we spoke was that while it may have solved some issues (debt versus equity) it didn’t solve the ones that I’ve been warning entrepreneurs about most loudly. ” And some seed stage investors told me, “I prefer not to fight over price now.

This Woman’s Company Should Have Been Named After Her, Not Her Husband

InfoChachkie

For decades, the modestly priced Barbie became the ideal birthday gift for girls between the ages of 5 and 12, ensuring that each new generation of children would demand Barbie houses, cars, clothes, as well as Barbie’s friend. Entrepreneur

How to Talk About Valuation When a VC Asks

Both Sides of the Table

One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” A second thing a VC may be trying to determine is whether your last-round valuation was significantly over-priced.

Eight Startup Tips From Mark Zuckerberg

InfoChachkie

Ignorance is not bliss in business, but it does allow entrepreneurs to face the unknown with a measure of confidence. No 19-year old understands business at the level of a seasoned, serial entrepreneur. Entrepreneur Iconic Advice

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What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

There is much discussion online and also in small, private groups, about why the price of technology companies – public and private – are falling. It pains me to see the typical (and predictable) responses on Twitter, “VCs want prices to drop!”

Your Startup Idea Should Not Be Charming, It Must Be All Consuming - The Myth Of The Epiphany

InfoChachkie

They gnaw at successful entrepreneurs like an itch they cannot scratch, as Messrs. Below are examples of two unrelenting startup earbugs that drove experienced entrepreneurs into action. Great ideas have the same effect on successful entrepreneurs. Entrepreneur The Fringe

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

Both Sides of the Table

He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. He said it was better than the Yellow Pages because he would provide pricing transparency.

What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009.

Interview with Rachelle Snyder and Ross Richmond, Coozie

socalTECH

To fix that problem, Los Angeles-based Coozie (coozieoudoors.com) offers up a different optiona way to rent gear at a fraction of purchase price. We partner with premium outdoor brands, and rent equipment at 15 percent of the retail price. We started with just a few tents, and saw an immediate consumer demand, and we've grown steadily from there. Ross Richmond: This summer, we decided to seek investment, so we could grow and meet the consumer demand we were seeing.

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Entrepreneurs who are confident yet humble, are rare and thus especially charming.

Interview: Jason Lehmbeck, Co-Founder and CEO of DataPop

InfoChachkie

The catalyst was that we saw the demand and it was confirmed by some of the leading advertisers in the marketplace. 4) A lot of successful entrepreneurs Get The Band Back Together. Entrepreneur Interview The Fringe

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Interview with Jonathan Kohn, Fitspot

socalTECH

Los Angeles is the capital of on-demand apps, for just about anything you want. One of those areas that combines LA's passion for on-demand apps, and its active lifestyle, is Fitspot (www.fitspotapp.com), which brings athletic trainers to you or your local fitness center.

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Can you overcome five risks and create wealth?

Berkonomics

Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. Of course, we are speaking of increased valuation of your company when we speak of “wealth.”