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Don’t get hung up on early stage valuation.

Berkonomics

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up pre-money valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. Why fight about valuation, or disappoint the founder at the outset?

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Outbound VC Dialing Programs – Total Disrespect for Entrepreneurs

Both Sides of the Table

I recently got an email from a friend who had been approached by a well known VC. He sent me an email asking whether the approach was real and whether he should take it seriously. Here is the email he received (reprinted without names with his permission). “Hi [entrepreneur], I hope all is well.

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7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. I promise I will never Tweet about celebrities, reality TV or that killer burrito I just ate. “Learn from the mistakes of others. You can’t live long enough to make them all yourself.”. Grant Exclusivity. Share and Enjoy.

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Don’t get hung up on valuation.

Berkonomics

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up premoney valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. Why fight about valuation, or disappoint the founder at the outset?

Startup 179
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Entrepreneur Hack: This Remote Team Of 12 Generated $100M

InfoChachkie

Given TimeHop’s failed experiment, I was especially intrigued when I learned that a team of a dozen remote entrepreneurs hack the typical corporate structure and creates a company that generated nearly $100 million in revenue. We have separate channels for work but we also talk about fun things just like any office watercooler.

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How TaskUs Is Powering LA's Technology Startup Boom

socalTECH

We spoke with Bryce Maddock , founder of TaskUs, about the company and how it has been providing the manpower behind a lot of LA''s technology startups. Customer care, obviously, is emails, phone calls, and customer service back office services. The two of us really wanted to be entrepreneurs. So, what is TaskUs?

Startup 231
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The Power of “In Person” – Why Distributed Teams are Less Effective

Both Sides of the Table

You attend five customer meetings together over a two-week period and after each meeting you replay the results in the office about what it meant. With all the recent obsessions about “pivots&# most people don’t realize that the more powerful pivots are the unnoticeable ones we make every day through these exchanges.