Berkonomics

APRIL 13, 2023

Time management: [Email readers, continue here…] Companies have gone out of business from a lack of time management, especially when additional capital is not available when most needed. Or even just when available at any reasonable cost in equity or interest. And we know that there is only so much available to burn at that.

Coach 156

Coach News Equity Email 156

Berkonomics

JANUARY 6, 2022

First, the marginal exit event: Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Promissory notes come before any equity, and most late equity investments come before early equity investments, even of the same class of security.

Venture Capital 156

Venture Capital Sales Pricing Equity 156

Berkonomics

MARCH 8, 2018

Give one percent equity to each outside board member vesting over four years of service. Pay early stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over four years of service. Here is my best advice, based upon many boards and many years.

Venture Capital 256

Venture Capital Equity Sales Invest 256

Berkonomics

FEBRUARY 3, 2022

First, the implied promise: Taking money from professional investors such as angels or VCs usually requires that you agree to seek an exit for those investors in your plan, often targeting five to seven years as the ideal period for growth before a liquidity event. For some, that comfort is worth forgoing building high equity value.

Equity 156

Equity Course Sales Invest 156

socalTECH

OCTOBER 18, 2017

Wpromote said the event, in El Segundo, runs from 8am to 5pm, and will help nonprofits learn about things like paid and earned social media, boosting a charity's visibility on Google, increasing open and click through rates on email campaigns, and more. READ MORE>>.

Training 124

Training El Segundo Marketing Social Media 124

Berkonomics

AUGUST 3, 2023

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Venture, private equity and more: Here we lump a large number of investor classes into one.

Venture Capital 295

Venture Capital Startup Class Invest 295

Berkonomics

MARCH 21, 2019

To grow your business to a size that will be attractive to a VC or angel making an investment now, you’ve got to show that the business will be large enough at the time of the investor’s liquidity event (cashing out) to make the investment attractive at all. The more you ask for – the more equity you give up.

Equity 159

Equity Examples Startup Invest 159

Berkonomics

MAY 12, 2010

Equity is divided between the founders and the business begun. Email readers continue here.] First, a brand new enterprise is often formed from the efforts of several “partners”, each with an expertise valued by the others. Let me try to advance a few rules of thumb to help guide you here.

Equity 213

Equity Class Pricing Startup 213

Berkonomics

JULY 16, 2020

It may not be equity. Venture or angel-financed companies with plenty of working capital sometimes are immune to this working capital need for some time into their growth, but at some point, it will become clear that the cheapest form of finance is not equity in a growing enterprise. Back to loans costing less than dilution of equity.

Company 156

Company Companies .Net Equity 156

Berkonomics

JUNE 17, 2011

Email readers continue here.] Accepting venture or angel money is to create a contract between the investors and the entrepreneur that the business will someday be sold or even go public to create an exit for the investors.

Equity 209

Equity Class Email Competition 209

Berkonomics

JUNE 12, 2014

It is rare when one person starts a company, supplies all the funding, and shares no management tasks or equity with others, and still grows the company to any significant size, worthy of a multi-million dollar opportunity to cash out at exit. Email readers, continue here.]

Startup 214

Startup Equity Invest Class 214

Berkonomics

FEBRUARY 23, 2023

Email readers, continue here…] Think of major companies, public and private, that have lost their shiny appeal over time, including Zinga, LivingSocial and Fisker in this generation – and Alta Vista in the last. So, the question: load up with more equity and dilution? Or sell now?

Pricing 156

Pricing Invest Equity Entrepreneur 156

SoCal CTO

MARCH 12, 2012

I've recently received several emails from people looking for a technical cofounder for their startup. Here's an example of that kind of email. Tech Events / Meetups - In Los Angeles, There are lots of Networking Events in Los Angeles and Southern California that are techie oriented. Ask them about your concept.

CTO Hire 211

CTO Hire CTO Coach Startup Equity 211

Berkonomics

AUGUST 20, 2015

The inciting incident in a movie is the event at the beginning of the story that causes the hero’s life to be completely transformed and irrevocably changed, and makes the whole story unfold. I thought of this in a recent liquidity event in one of my portfolio companies. Email readers, continue here…] Not so fast.

Equity 120

Equity Email Sales Invest 120

Berkonomics

OCTOBER 29, 2015

Taking money from professional investors such as angels or VCs usually requires that you agree to seek an exit for those investors in your plan, often targeting five to seven years as the ideal period for growth before a liquidity event. For some, that comfort is worth forgoing building high equity value.

Equity 120

Equity Venture Capital Course Email 120

Both Sides of the Table

MARCH 2, 2011

It’s apropos because there is so much noise these days with email, Twitter, Facebook, blogs, web shows, etc. I was thinking back to a few previous “insider baseball&# blog debates that raged for several weeks: AngelGate (aka Bin38 secret cabal), convertible debt vs. equity, bubble vs. not, and now the AngelList discussion.

Email 287

Email Blogging Venture Capital Writing 287

Both Sides of the Table

MAY 27, 2013

Email updates frequently. And as Rob points out – if you email members with short updates more frequently they are more up to speed when you do need them to weigh in. Key point – if your emails are as long as my blog posts you’re forked. Make your emails actionable. ” Or, “I sent u an email.

Tips 365

Tips Email Venture Capital CTO Coach 365

Berkonomics

OCTOBER 1, 2015

Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Promissory notes come before any equity, and most late equity investments come before early equity investments, even of the same class of security.

Angel 120

Angel Sales Pricing Equity 120

socalTECH

DECEMBER 28, 2017

Just as email kicked off the reasons to online, followed by websites and instant messenger, adoption went global with Google, Amazon and Facebook. He also co-founded Direct IPO, one of the earliest equity crowdfunding companies, and founded and sold his first PR firm, The Terpin Group.

Southern California 189

Southern California Santa Monica Conference Newsletter 189

Berkonomics

JUNE 2, 2010

Email readers continue here.] That form of open book management surprises many, but if the employees are stakeholders with a taste of equity, why not underscore the value of that equity by treating them as cohorts? Tags: Depending upon others Surrounding yourself with talent The liquidity event and beyond.

Slides 216

Slides News Equity Writing 216

Berkonomics

OCTOBER 26, 2010

Give one percent equity to each outside board member vesting over four years of service. Pay early stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over four years of service. Email readers continue here.]

Venture Capital 166

Venture Capital Equity Sales Email 166

socalTECH

JANUARY 2, 2015

Today, we have some thoughts from Jeb Spencer of TVC Capital , a private equity investment company in San Diego. What was the most significant event for you or your company this year? 2014 was the most active year in TVC history as measured by the number of investments/acquisitions/follow-ons/exits we completed. READ MORE>>.

Capital 100

Capital Cloud Computing Southern California Equity 100

Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). Venture, private equity and more: Here we lump a large number investor classes into one. For you who fit that description, nice work.

Venture Capital 266

Venture Capital Class Invest Equity 266

TechCrunch LA

JANUARY 29, 2020

Speaking onstage at the Upfront Summit, an event at the Rose Bowl in Pasadena, Calif. Josh Kopelman of First Round Capital: we can look at every company we’ve ever funded, and learned that the time from first email/contact to term sheet has shrunk from 90 days in 2004 to just 9 today. — Dan Primack (@danprimack) January 29, 2020.

IBM 164

IBM IBM Venture Capital Invest 164

Berkonomics

AUGUST 21, 2013

Venture or angel-financed companies with plenty of working capital sometimes are immune to this need for some time into their growth, but at some point it will become clear that the cheapest form of finance is not equity in a growing enterprise.

Capital 153

Capital .Net Equity Pricing 153

SoCal Tech Calendar

SEPTEMBER 24, 2009

The credit crisis put IPO plans on ice but now rising equity markets coupled with a growing optimism that the worst of the recession could be over are helping to raise hopes that the IPO market is returning. Wednesday, September 30, 2009 -- Deloitte IPO Workshop. Curious about the current state of the IPO market?

Equity 100

Equity Email Capital Marketing 100

Berkonomics

AUGUST 27, 2015

Email readers, continue here…] Now, when first meeting with an entrepreneur, I ask simply, “Is the business being formed as a Keeper or a Flipper?” The Flipper’s executives usually have significant equity holdings, either actually owned or reflected in stock options.

Entrepreneur 120

Entrepreneur Equity Competition Pricing 120

Startup Professionals Musings

AUGUST 13, 2018

The old cold call or broadcast email to anyone who has “investor” in their bio just doesn’t work. Participate in relevant industry events and thought-leader forums. Offer a realistic equity percentage to generate interest. They will be turned off by single-digit equity offers and loan requests with low return potential.

Startup 56

Startup Equity Funding Slides 56

Startup Professionals Musings

NOVEMBER 14, 2016

These are the endless stream of email, phone calls, and daily crises which prevent really important accomplishments, like closing customers. Start each day with the highest priority task you need done that day, and leave the emails and phone calls till the end of the day, if you have time. Rest makes you more productive.

Tips 100

Tips Activity Startup Product 100

Berkonomics

MAY 26, 2010

Email readers continue here.] See “Equity is the Currency of early stage business.&# ) . Many an executive has made much more than any cash compensation from exercise of “in the money” options after taking the leap to a smaller, fast growing company, attracted by just this form of incentive compensation.

Guide 136

Guide Education Course Equity 136

Berkonomics

SEPTEMBER 10, 2015

Email readers, continue here…] Their niche was heating up quickly – unfortunately for them. In contrast, this local company had been built on something around $1 million in equity. I recently met with two bright entrepreneurs who are building a company in an exciting niche market riding on a long term trend.

Newsletter 120

Newsletter Startup Entrepreneur Blogging 120

Both Sides of the Table

MAY 13, 2018

The surest sign a fund-raising process has stalled is when you aren’t getting follow-up meetings or hearing from the VC or hearing from friends that they got a phone call or email asking about you. In any event this is a “screening meeting” or as I’ve called on my graphics an “introduction” to the firm. If a VC “ghosts you” (i.e.

Venture Capital 332

Venture Capital Funding Startup Sales 332

socalTECH

MARCH 31, 2014

We''re rolling it out to finance and Wall Street, monitoring thousands of sources of continuously changing information, such as news, social media, internal email systems, and analyzing specific, material conditions that our customers are looking for. What companies are looking for, and what they care about, are material events.

Orange County 245

Orange County Startup News IBM 245

Tech Zulu Event

NOVEMBER 7, 2013

We get a lot more emails from women entrepreneurs who say they are a high net worth in their community and we should come and help boost the number of angel investors in their companies. The women in the program commit $5,000 and invest as a group of woman in a social venture in exchange for equity. That is something I am aware of.

Mentor 84

Mentor Invest Entrepreneur Startup 84

Tech Zulu Event

AUGUST 28, 2012

There are so many activities and events that have sprouted this year to support the thriving tech scene in Southern California. These events, and others like them, take place all around the country and even the world! RED FLAG #1 : This person participated in the event late Saturday afternoon and joined our team.

Startup 100

Startup Ideas San Diego Mentor 100

Tech Zulu Event

SEPTEMBER 21, 2011

Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. The event will take place Thursday, October 27, at 6pm. Sponsorship Opportunities for Events, and other channels.

Tsavo 76

Tsavo Idealab Tech Coast Angels Userplane 76

Tech Zulu Event

SEPTEMBER 27, 2011

Mike has over 18 years of business development, marketing and management experience in businesses ranging from early stage start-ups to private equity and from mid-stage business to large turn-around operations. Event Details. What: Spotlight Series Event. Sponsorship Opportunities for Events, and other channels.

Tech Coast Angels 96

Tech Coast Angels Idealab Angel Startup 96