Maverick Gets $2.7M For Social Network for Girls
socalTECH
APRIL 27, 2018
Los Angeles-based Maverick , a new startup launching a social network for girls, has raised $2.7M in a seed funding round, as it prepares to launch its service. READ MORE>>.
8 Attributes Of Entrepreneurs Who Transform Society
Startup Professionals Musings
JUNE 19, 2023
Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Entrepreneurs who have been really transformative, like Steve Jobs and Walt Disney, seemed to know how to deal with all the right elements. Seek innovation that begets invention. Failure is an option.
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TechCrunch LA
FEBRUARY 19, 2020
and international cities like London, Mexico City, Seoul and Vilnius are building professional social networks for black professionals and blue collar workers, fashion labels, educational tools in augmented reality, kids entertainment, and an interactive entertainment production company. Hardworkers — a Cambridge, Mass.-based
Social Networking Addiction Bears Fruit
Eric Greenspan
DECEMBER 5, 2009
I’ve been engaged with social networking for some time now, starting with Myspace and Facebook and just recently (within the last 30 days), Twitter. We created Superfriends, a group of local entrepreneurs that will gather to share ideas and help each other grow personally and professionally. I love Namechk.com for this.
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6 Hard Questions That Every Entrepreneur Must Answer
Startup Professionals Musings
NOVEMBER 29, 2019
As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. The difference relates to how you expect to get funding.
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Africa’s Largest and Fastest Growing Social Network | Interview with LAGbook’s Chidi Nwaogu
Tech Zulu Event
SEPTEMBER 4, 2012
Today they say its Africa’s largest and fastest growing social networking utility with over 4,000 daily new sign-ups. They also add that LAGbook ranks #2 in the city of Yaba-Lagos, where the social network was incepted, and #37 in the city of Hirtshal, Denmark. What is LAGbook? Why the name? How does LAGbook work?
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Social Networking Addiction Bears Fruit FAST
Eric Greenspan
DECEMBER 5, 2009
I’ve been engaged with social networking for some time now, starting with Myspace and Facebook and just recently (within the last 30 days), Twitter. is providing funds for food, AV, security and an amazing venue at their HQ complete with every amenity one could ever need to pull off a successful meetup.
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10 Entrepreneur Milestones That Make Funding Easy
Startup Professionals Musings
SEPTEMBER 30, 2013
Every investor expects to see some business traction, both before and after a funding event. I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Now investors will pay attention, since scale-up funding is less risky and has a time frame.
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6 Values And Priorities That Investors Will Relate To
Startup Professionals Musings
MAY 7, 2023
Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Entrepreneurs who make this case effectively will get the decision they want, no matter how esoteric their technology.
Social Network 108
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As An Entrepreneur, Are You Ready To Meet The Press?
Startup Professionals Musings
MAY 22, 2019
Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. On the social media side, the stakes are just as great. Kickstarter may take a bit of the credit for this, but they admit the majority of projects without media attention don’t even approach their funding goals.
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7 Habits Practiced By Highly Effective Entrepreneurs
Startup Professionals Musings
JULY 17, 2015
In my years of working with entrepreneurs, I have heard many times the promise that their new idea will create the next Amazon or Apple, but I rarely hear the more important promise that the founder will practice all the good habits of winning entrepreneurs like Jeff Bezos and Steve Jobs. We have enough social network startups.
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Should You Really be a Startup Entrepreneur?
Both Sides of the Table
JANUARY 31, 2011
One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? I thought I’d talk a bit about the differences I’ve experienced between being an entrepreneur & a VC – you know, from “both sides of the table.&#. On Being an Entrepreneur.
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Moonshots Capital Ramps Investment Pace With Lead On Two Investments
socalTECH
FEBRUARY 8, 2018
Los Angeles- and Austin-based Moonshots Capital , the venture capital fund led by serial entrepreneur Kelly Perdew, is ramping its investment pace, with the first two formal investments out of its new fund. seed funding in that firm. Moonshots led the $1.4M presidential elections in 2016.
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150 10 Keys To Making Money By Investing In Entrepreneurs
Startup Professionals Musings
SEPTEMBER 6, 2019
Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. Don’t be fooled by thinking that social networks are hot, so you should invest in the next startup you see in that realm. Fund an entrepreneur you know and trust.
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MySpace Faces Challenge From KPCB's sFund
socalTECH
OCTOBER 21, 2010
KPCB announced its new sFund, a $250M fund which will invest in entrepreneurs in the social space, specifically highlighting Facebook as "the best place to build the next generation" of social businesses. KPCB said its new sFund will focus on the next generation of social entrepreneurs.
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6 Keys To Translating Technology Into Business Value
Startup Professionals Musings
AUGUST 15, 2020
Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Entrepreneurs who make this case effectively will get the decision they want, no matter how esoteric their technology.
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Angel Funding Advice
Both Sides of the Table
AUGUST 14, 2009
Very few people fund individuals. In most cases if you can’t get a prototype done you’re probably not an entrepreneur. Professional angels / former entrepreneurs / seed funds – In Silicon Valley there are people like Ron Conway, Jeff Clavier, Mike Maples and many more. Team: You need a team.
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Julie Schoenfeld On Perfect Market's New Funding
socalTECH
JANUARY 18, 2011
This morning, Pasadena-based Perfect Market (www.perfectmarket.com) announced a new, $9M round of funding for the firm's technology, which is used to help publishers monetize their content. Congrats on funding. The second piece, is we distribute that across search engines and social networks. That's what we are finding.
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7 Most Effective Routines Of Notable Business Leaders
Startup Professionals Musings
SEPTEMBER 18, 2021
In my years of working with entrepreneurs, I have heard many times the promise that their new idea will create the next Amazon or Apple, but I rarely hear the more important promise that the founder will practice all the good habits of winning entrepreneurs like Jeff Bezos and Steve Jobs. We have enough social network startups.
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amSTATZ Social Network For Fitness Gurus, Athletes & Events | Interview With Founder
Tech Zulu Event
APRIL 23, 2013
Sergey’s diverse experience as an entrepreneur, technology consultant and software executive qualifies him to lead amSTATZ’s technology development. David Cohen from TechStars, someone I look up to as an entrepreneur, says that they don’t invest in ideas, but teams. Have you raised any funding yet? There’s something like 4.5
For Many New Ventures, Location Is The Key To Success
Startup Professionals Musings
AUGUST 13, 2022
I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. Having a great idea in the wrong place won’t get you the funding you need, the experienced domain experts you want, or the pilot market results you need for survival.
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8 Inspirational Insights For Those Chasing Your Dream
Startup Professionals Musings
SEPTEMBER 26, 2020
Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Entrepreneurs who have been really transformative, like Steve Jobs and Walt Disney, seemed to know how to deal with all the right elements. Seek innovation that begets invention. Failure is an option.
Startup 171
171 10 Entrepreneur Comments That Kill Investor Deals
Startup Professionals Musings
APRIL 2, 2013
The hot term these days is “viral marketing”, meaning we won’t do any marketing, but our product is so great that everyone will know about us anyway by word of mouth and through Internet social networks. Your funding request will likely go into the circular file. Entrepreneurs who utter this line are kidding themselves.
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111 Where To Find The Most Angels To Fund Your Startup
Startup Professionals Musings
FEBRUARY 24, 2014
As an entrepreneur, you simply use their investor search engine to find appropriate investors for your business according to location, industry interest and other relevant criteria. This one claims to be the world’s largest single Angel investor network, with 1,100 accredited investor members throughout 27 chapters on t3 continents.
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2010 VC Funding Outlook for Startups – Prepare for Winter (Part 3/3)
Both Sides of the Table
OCTOBER 1, 2009
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. That said, the IMF (international monetary fund) is more bullish.
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Capturing The Entrepreneurial Energy At StartEngine's Demo Day
socalTECH
JANUARY 31, 2013
Although maybe not all of the startups at the event might go on to get funding, an entire group of potential startup founders in the audience realize that they, too, have a shot at starting something and getting a chance to take it to the next level. Standing room only crowd at StartEngine). It's unclear.
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256 10 Keys To Giving The Right Entrepreneur Your Money
Startup Professionals Musings
FEBRUARY 6, 2015
Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. Don’t be fooled by thinking that social networks are hot, so you should invest in the next startup you see in that realm. Fund an entrepreneur you know and trust. Marty Zwilling.
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Debating Some of the Issues of Our Time with Dmitry Shapiro
Both Sides of the Table
SEPTEMBER 23, 2011
He won the battle (the lawsuit) but lost the war (went bankrupt, with pending litigation he couldn’t get funded. He’s back in the game as an entrepreneur and this time he wants to take on Facebook. We talked about how his new company, AnyBeat , will be a difference kind of social network. Or does he?
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5 Flocks Of Investors Looking For An Enticing Startup
Startup Professionals Musings
MARCH 16, 2022
As an entrepreneur, you simply use their investor search engine to find appropriate investors for your business according to location, industry interest, and other relevant criteria. AngelList has featured over 3 million businesses for potential investors in a format that is, effectively, a social network for entrepreneurs and angels.
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8 Tips For Startups Preparing For The Media Spotlight
Startup Professionals Musings
FEBRUARY 26, 2022
Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. On the social media side, the stakes are just as great. Kickstarter may take a bit of the credit for this, but they admit the majority of projects without media attention don’t even approach their funding goals.
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Serious Entrepreneurs Master Media Training Early
Startup Professionals Musings
DECEMBER 17, 2012
Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. On the social media side, the stakes are just as great. Kickstarter may take a bit of the credit for this, but they admit the majority of projects without media attention don’t even approach their funding goals.
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How To Size Your Marketing Budget For Funding
Startup Professionals Musings
MARCH 16, 2014
Concentrate elsewhere on the near-term marketing activities (which are also expensive) for this round of funding. Despite the fact that social networking and other online processes are essentially free, good marketing still costs money. business entrepreneur funding marketing budget mission startup'
Marketing 102
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Should You Really be a Startup Entrepreneur?
Both Sides of the Table
JANUARY 22, 2011
One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? I thought I’d talk a bit about the differences I’ve experienced between being an entrepreneur & a VC – you know, from “both sides of the table.&#. On Being an Entrepreneur.
Entrepreneur 176
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Smart Entrepreneurs Plan Multiple Rollout Iterations
Startup Professionals Musings
MAY 12, 2012
Get traction before funding. Let’s face reality, the angel or VC funding process now takes 4-6 months of almost dedicated effort and time, and usually fails because you don’t yet have a product or customer. By using a laser focused approach for the first iteration, you may actually produce something and get a customer without funding.
Entrepreneur 92
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5 Entrepreneur Ideas That Investors See Too Often
Startup Professionals Musings
AUGUST 3, 2014
Here are my favorites: Social and business networking sites. Just for starters, Wikipedia now lists about 200 sites by name (once over 300), which they claim is just some of the more notable social networking sites. The latest is “crowd funding” your startup with thousands of tiny investments. What’s your idea?
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110 Ten High Risk Drivers Every Entrepreneur Faces
Startup Professionals Musings
MARCH 25, 2012
You have probably heard plenty of times that being an entrepreneur is a risky business, and investors talk all the time about reducing the risk. Here is my own priority list of key risk drivers that every entrepreneur and every investor should evaluate and minimize in starting a business: Team experience and depth risk.
Entrepreneur 108
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Don’t Count on Crowd-Funding to Save Your Startup
Startup Professionals Musings
JUNE 25, 2011
One of the hot new approaches I have seen around the country for assisting startups looking for funding has been “crowd-sourcing” sites ( Kickstarter ) or “crowd-pitching” events ( Funding Universe ). These are variations on a “crowd-funding” theme to raise money for a startup through social networks and voting at public events.
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The Changing Structure of the VC Industry
Both Sides of the Table
JULY 23, 2014
The rise of “micro VCs” or seed-stage funds. The rise of alternative sources of capital (crowd funding and the like). Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. ” Stated simply – if you seed funded Uber at $4.5m Why is this?
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398 Entrepreneurs Due Diligence on Investors Is Smart
Startup Professionals Musings
FEBRUARY 11, 2012
Network with other entrepreneurs. Contact peers you have met through networking, both ones who have used this investor, and ones who haven’t. Check track record on the Internet and social networks. Be wary of individuals or funds sourced from offshore. Don’t just call, but personally visit these contacts.
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Ten Risks Every Entrepreneur Should Take
Startup Professionals Musings
JUNE 29, 2010
Many entrepreneurs think that risk is just an “occupational hazard” that can be minimized or eliminated by a smart businessman. It’s a bad risk to count only on word-of-mouth and viral social network buzz for marketing, as I see in many business plans today. Count on less funding rather than more. Take the strategic risk.
Entrepreneur 97
97 Interview with Brian McKelvey, Worlize
socalTECH
JUNE 23, 2010
Earlier this month, Los Angeles-based startup Worlize (www.worlize.com) announced it had received a seed round of funding, and launched a firm to focus on social gaming and chat. Brian McKelvey: We're building a virtual world, which attaches to Facebook, MySpace, Twitter, and all the social networks. READ MORE>>.
Social Network 239
239 JumpStartFund Launches First Ever Crowd-Powered Portal For Startups
Tech Zulu Event
AUGUST 28, 2013
According to Dirk Ahlborn , CEO and co-founder of JumpStartFund,“We believe that every entrepreneur has at least two or three great ideas they would like to see realized but do not have the time or resources to make them a reality.”. Social network for investors. Get feedback, collaborate and get funded.
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6 Value Propositions That Resonate With All Investors
Startup Professionals Musings
SEPTEMBER 16, 2018
Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Entrepreneurs who make this case effectively will get the decision they want, no matter how esoteric their technology.
8 Pragmatics to Avoid Common Entrepreneur Pitfalls
Startup Professionals Musings
NOVEMBER 22, 2012
I offer these pragmatic recommendations: Buffer your funding requirements. Consider both the money you need before funding, and the size of investor funding requests. Reserve the same names on the leading social networks and blogs. You should buffer the first by 50%, and the second by 25%.
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