TechCrunch LA

AUGUST 12, 2022

providing freshly packaged salads, heat-and-eat prepared meals and vegan overnight oats, raised $7 million in funding as it goes after the $34 billion fresh prepared foods market. We gained sort of a cult following because we had healthy meals at an accessible price point.”. Positive Food Co.,

Invest 175

Invest Los Angeles Startup Funding 175

Tech.Co

DECEMBER 29, 2023

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. Organic milk formula product Bobbie. Source: runwayml.com In June, Runway raised $141 million in funding, nudging its market valuation to an envy-inducing $1.5

Startup 210

Startup Generative AI Newsletter Tool 210

Startup Professionals Musings

OCTOBER 16, 2023

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Forecast sales-volume expectations.

Startup 116

Startup Pricing Sales Statistics 116

TechCrunch LA

SEPTEMBER 21, 2021

Just Insure , a pay-per-mile insurance technology company, has raised $8 million in a funding round. . “The [Just] per mile price that a customer gets can change every month. Also, with so many people shifting to working from home over the last year, Just says it has seen increased demand this year.

Startup 203

Startup Custom Customer Los Angeles 203

Startup Professionals Musings

MAY 29, 2023

In my experience in large businesses as well as years of advising startups, I see far too much focus on product skills, and too little on people and process skills. They demand interactive relationships with you, and depend on the relationships you have with their friends. Value is far more than cost versus price.

Startup 154

Startup Sales Entrepreneur Custom 154

TechCrunch LA

SEPTEMBER 13, 2021

But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a big round of funding as it continues to grow. The funding is coming from a wide mix of investors.

Startup 249

Startup Platform Software Los Angeles 249

Startup Professionals Musings

DECEMBER 17, 2022

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. Initially, all companies sell to customers who are the easiest to reach and most excited about the new product. Prices begin to decline quickly.

Startup 106

Startup Pricing Cloud Computing Custom 106

TechCrunch LA

JUNE 18, 2022

This week, we saw the interconnectedness of major institutions as crypto lending protocol Celsius stuttered and brought down Ethereum prices with it as investors feared a price collapse brought on by reportedly over-leveraged players like 3 Arrows Capital. In tradfi, investors can specialize based on products (e.g.

Newsletter 278

Newsletter Platform Capital Marketing 278

Both Sides of the Table

JUNE 28, 2018

While this reaction to such a valuation is understandable, to anybody who has seen the meteoric rise in consumer demand and actual revenue the valuation is much less surprising and may turn out to be quite conservative. This is why so many great LA funds like Upfront, Greycroft and B Capital Global have all backed Bird. Brand matters.

Santa Monica 256

Santa Monica Funding Startup Course 256

Xconomy

AUGUST 16, 2016

A recent Wall Street Journal article that raised the possibility of Biogen as the target of another huge pharma buyout cited the lack of productivity as a major driver of M&A in the pharmaceutical industry. The industry can only go so far with growth through hyper-inflated pricing and mega-M&As.

Product 40

Product Journal Venture Capital Demand 40

Both Sides of the Table

APRIL 21, 2020

In a bear market executives are paid to: consolidate the number of contracts and renegotiate prices. Other companies have only seen a slight decline and may be expecting demand to return to normalcy later in the year. The reality is that when unemployment sinks in demand is likely to get worse. Should you focus on growth?

Venture Capital 263

Venture Capital Marketing Startup Writing 263

Both Sides of the Table

OCTOBER 1, 2009

It is also a result of pent-up demand. Consumer spending is 70% of the economy and will continue to be stretched – We can look all we want at tech innovation, VC funding cycles and hot M&A deals, but ultimately growth and therefore investment must be underpinned by revenue. Consumer spending will decrease.

Venture Capital 269

Venture Capital Startup Funding Technical Review 269

Startup Professionals Musings

MARCH 20, 2020

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. Initially, all companies sell to customers who are the easiest to reach and most excited about the new product. Prices begin to decline quickly.

Pricing 123

Pricing Cloud Computing Custom Customer 123

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

Startup 229

Startup Technical Review Invest Research 229

socalTECH

MAY 2, 2011

In recent weeks, online ticketing has seen a surge in interest and funding. Los Angeles-based SaveFans (www.savefans.com) recently raised some funding for its take on secondary ticketing, so we thought we'd speak with founder Wes Brodsky about the company and where it's going. That's a completely inefficient way to price tickets.

Ticketmaster 253

Ticketmaster Pricing Sales Activity 253

Both Sides of the Table

FEBRUARY 28, 2018

There has always been tension between CPG (consumer packaged goods) companies and the retailers who sell their products to consumers. If a consumer will pay a fixed price for a product or service then the battle over who gets the margin in any sale is between the person who merchandises a product and the person who manufactures it.

Product 296

Product Course Custom Customer 296

Both Sides of the Table

JUNE 17, 2017

To grow faster businesses need resources in today to fund growth that may not come for 6 months to a year. They don’t want high burn rates but they will never fund slow growth. Is it one product line or multiple? million to fund operations in their first year of operations. See appendix if you want to know more on this.)

Startup 227

Startup Venture Capital Sales Course 227

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. You can be pissed off, but I don’t set prices. That’s stupid.

Startup 336

Startup Pricing Technical Review Marketing 336

Startup Professionals Musings

JANUARY 16, 2022

Most startups and investors I know don’t have unlimited funds, so the first question they should ask and do ask today, is “When is your company going to be profitable (self-sustaining)?” You might sell one of two of your widgets for $1 million each, entering profitability immediately, but then die because you can’t grow sales at that price.

Platform 118

Platform Snapchat Startup Course 118

Startup Professionals Musings

JUNE 25, 2021

It’s really a multi-step process, with the first step getting you from an idea to a viable product, and the remaining steps creating a sustainable business. Ask some potential customers to see if there is real interest, and start thinking about price versus cost. It’s also time to build prototypes to make the product come alive.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

SEPTEMBER 6, 2020

In my experience in large businesses as well as years of advising startups, I see far too much focus on product skills, and too little on people and process skills. They demand interactive relationships with you, and depend on the relationships you have with their friends. Value is far more than cost versus price.

Entrepreneur 134

Entrepreneur Startup Sales Custom 134

Startup Professionals Musings

JUNE 22, 2016

If it’s so important to investors, perhaps you should be using traction to measure your own progress, independent of a need for additional funding. According to most experts , business traction is evidence that somebody really wants your product. Show evidence of growing and unsatisfied customer demand.

Metrics 57

Metrics Funding Startup Custom 57

Both Sides of the Table

DECEMBER 27, 2011

To grow faster businesses need resources in today’s financial period to fund growth that may not come for 6 months to a year. You have to understand whether they’re likely to yield revenue growth in the near term OR whether you have access to cheap enough capital to fund your losses until your investments pay off.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

FEBRUARY 8, 2021

In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors. Remember that people make a business, more often than a product. Learn how to budget your time and select productive relationships.

Startup 142

Startup Technical Review Equity Entrepreneur 142

Startup Professionals Musings

APRIL 28, 2021

I recommend a trial run with an experiment or MVP (minimum viable product), at full price and cost, before the big bang launch, risking your investment money and a major time commitment. Growing too fast kills many new ventures, due to staffing costs, inventory, and funding delays. Needed help can be your biggest burden.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

FEBRUARY 7, 2012

Too many entrepreneurs develop a new product without regard to market demand, then build an entire strategy based on creating a need, rather than acting on an existing market need. These don’t get funded. Temper your product with actual market and customer feedback. Quantify the pain points.

Technology 91

Technology Funding Competition Entrepreneur 91

socalTECH

MARCH 4, 2021

Buck Jordan: Miso Robotics is bringing the power of automation to commercial kitchens, and addressing one of the biggest challenges of the food industry, which is increasing production with the expansion of the delivery market, while also safely decreasing human contact. How did you go from running a venture fund to starting Miso?

Startup 113

Startup Venture Capital Capital Custom 113

Both Sides of the Table

FEBRUARY 24, 2016

million in funding on TechCrunch led by Harmony Partners and Upfront Ventures to double its footprint of 3 cities (New York, Chicago & Washington DC) to 6 in 2016. We raised this capital in what has increasingly become a difficult market for fund raising so I’d like to share with you some details on how we get it done.

Startup 150

Startup Pricing Marketing Product 150

Both Sides of the Table

FEBRUARY 7, 2013

I’m super excited to announce that GRP Partners led the investment in Ethan Anderson’s new company MyTime (link has LA-based merchants but will give you a good feel for the product). ” So Ethan went to work as a product manager at Google Video. So I asked Ethan to build his product first and then we would fund.

CTO Coach 359

CTO Coach Google CTO Hire Yammer 359

Both Sides of the Table

NOVEMBER 4, 2010

Let me start with Professor Christensen’s definition: “An innovation that is disruptive allows a whole new population of consumers access to a product or service that was historically only accessible to consumers with a lot of money or a lot of skill.&#. They offered a product that didn’t even try to compare with Siebel.

Startup 376

Startup Framework Marketing Custom 376

Startup Professionals Musings

NOVEMBER 17, 2010

Too many entrepreneurs develop a new product without regard to market demand, then build an entire strategy based on creating a need, rather than acting on an existing market need. These don’t get funded. Temper your product with actual market and customer feedback. Quantify the pain points.

Funding 88

Funding Entrepreneur Competition Pricing 88

Both Sides of the Table

JULY 22, 2010

Brad Feld hadn’t written his seminal “ term sheet series &# and The Funded hadn’t yet been created. NOTE: In the video I talked about how VC’s and entrepreneurs decide the total number of shares at the first major funding round and why it’s often a high number. Back then VentureHacks didn’t exist.

Venture Capital 405

Venture Capital Pricing Startup Funding 405

Tech.Co

JANUARY 3, 2022

SoLo Funds. For example, a smaller business with $10-20,000 in monthly revenue will only need to spend a monthly $25 on FinMark's product, while a business that makes over $1 million will be spending $2,500 a month on FinMark. Jeenie is looking to fix this problem by supplying language interpreters on demand.

Startup 200

Startup Invest FAQ Examples 200

Startup Professionals Musings

NOVEMBER 1, 2015

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. Initially, all companies sell to customers who are the easiest to reach and most excited about the new product. Prices begin to decline quickly.

Startup 116

Startup Pricing Cloud Computing Custom 116

Both Sides of the Table

APRIL 3, 2010

I recently wrote a blog post on understanding how the size and age of a venture capital fund might affect you when you’re raising money. Because it is a “series&# I plan to get into some of the deeper complexities of funds such as “cross over funds&# and “why VC’s hate to price their own deals&# at a later stage.

Venture Capital 265

Venture Capital Seed Funding Pricing Invest 265

Startup Professionals Musings

MARCH 20, 2013

In finance, a bubble is too much money chasing assets, greater asset production and a herd mentality. Supply and demand ignored. We all believe that supply and demand meet to create stable prices (reflexive). But sometimes higher prices create higher demand, causing a boom. Cheap money. Marty Zwilling.

Demand 89

Demand Google Commerce Pricing 89

Startup Professionals Musings

JUNE 16, 2021

There were product development problems, pricing problems, and early customers who demanded more features and delayed contractual payments. The ultimate result was a startup founder who exhausted his personal funds, drained the investments capability of friends, and drove away the team one by one.

Startup 114

Startup Ideas Organization Report 114