Berkonomics

NOVEMBER 1, 2018

Some companies, especially those financed by angel or VC investors, have good, formal stock option plans with properly priced options set to reward all employees and managers in the event of a corporate sale. And those that are total write-offs in which no one except perhaps the bank and lenders receive anything.

Sales 480

Sales Venture Capital Writing Email 480

Both Sides of the Table

MAY 30, 2018

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.” VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals.

Venture Capital 324

Venture Capital Pricing Startup Invest 324

Startup Professionals Musings

FEBRUARY 12, 2023

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain.

Startup 124

Startup Writing Entrepreneur Ideas 124

Startup Professionals Musings

NOVEMBER 15, 2013

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. No entrepreneur can survive as an island. The entrepreneur lifestyle is all about doing something you enjoy, without undue stress, uncertainty, and risk.

Writing 102

Writing Startup Entrepreneur Capital 102

Startup Professionals Musings

OCTOBER 24, 2016

Successful entrepreneurs are usually hard-driving, and highly focused on some specific goals, like being the dominant player in a given domain, or the low-priced provider of their product. Write it down. On the other hand, most people don’t hesitate to write down excuses. It is vague and insubstantial.

Entrepreneur 102

Entrepreneur Writing Organization Satisfaction 102

Startup Professionals Musings

OCTOBER 15, 2016

Some people even believe that entrepreneurs must be born with the right genes, and no element of education is relevant. In my view, the most effective entrepreneurs are those with a background of an array of real-life experiences, both positive and negative, as well as good academic and coaching activities. Get real experience early.

Entrepreneur 98

Entrepreneur Tips Writing Coach 98

Both Sides of the Table

SEPTEMBER 25, 2011

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. Read: it’s an option for that investor and a super expensive one to you, the entrepreneur. Why should you care?

Entrepreneur 310

Entrepreneur Venture Capital Writing Invest 310

InfoChachkie

MAY 26, 2011

I was inspired to write this entry after reading Scott Dinsmore’s 11 Quick Actions article. Write about it. Put a price on it. Scott’s article struck a chord with me, as a number of my entrepreneur studies students from UC Santa Barbara have reached out to me in the past few days, looking for jobs after they graduate.

Entrepreneur 211

Entrepreneur Santa Barbara Startup Writing 211

Startup Professionals Musings

MAY 17, 2020

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain.

Startup 174

Startup Writing Entrepreneur Ideas 174

Both Sides of the Table

OCTOBER 12, 2014

For starters some funds are small and thus while they put $750k into your company to own 10% of your company they might not be able to write another $2 million if you then raise a $20 million round (10%). New investors sometimes want early investors to put in money to “prove” they have confidence in the new price.

Guide 336

Guide Venture Capital Startup Writing 336

Tech.Co

DECEMBER 29, 2023

While the market isn't short of spritely, innovative entrepreneurs, harsh economic headwinds combined with a pullback in investor spending have made it harder than ever for budding businesses to break through. Writesonic Writesonic is an AI writing tool designed to help writers overcome writers block and level up their skills.

Startup 213

Startup Generative AI Newsletter Tool 213

Berkonomics

JUNE 29, 2017

[Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life. A small venture firm and a few more angels rounded out the total investment. Why tell this story at all?

Invest 243

Invest Entrepreneur Sales Startup 243

Startup Professionals Musings

OCTOBER 11, 2021

Successful entrepreneurs are usually hard-driving, and highly focused on some specific goals, like being the dominant player in a given domain, or the low-priced provider of their product. Write it down. On the other hand, most people don’t hesitate to write down excuses. It is vague and insubstantial.

Writing 121

Writing Organization Satisfaction Entrepreneur 121

Startup Professionals Musings

APRIL 29, 2023

For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Even artisan-based services, like graphic design and writing good ad copy, have innovative processes and principles. Indeed, there are some success factors that are common to both environments.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

JULY 30, 2022

Perhaps sparked by the recent pandemic, I’m seeing a new era of the entrepreneur, with startups springing up all around. Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. Whether you are charting new territory for pricing models or technology, there is rarely a perfect solution.

Startup 135

Startup Mentor Entrepreneur Technical Review 135

Both Sides of the Table

APRIL 27, 2014

Of course these are great places to network with other investors, meet great entrepreneurs and keep your connections strong with senior execs at larger companies like Yahoo!, I know I can’t be in every deal and I know that the easy part of being a VC is writing the first check in a deal. And there’s conferences. Web Summit.

Venture Capital 374

Venture Capital Invest Press Startup 374

Both Sides of the Table

OCTOBER 22, 2010

On why you should be an entrepreneur, “A lot of people do what they have to do. As a teenager he experimented with writing & producing his own rap music and received a lot of feedback from elders that he had a talent with words. You want to get yourself to a position where you can do what you want to do&# (Chamillionaire).

Entrepreneur 356

Entrepreneur Venture Capital Startup Email 356

Both Sides of the Table

OCTOBER 8, 2014

” 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. “There’s something going on in LA.”

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Startup Professionals Musings

MAY 15, 2021

The most successful entrepreneurs and executives I have seen are savvy business people first, and experts in their field second. The issue in these cases was usually not the technology per se, but the bigger business picture of marketable prices, ease of use, and support infrastructures. Network in the industry as well as outside.

Mentor 139

Mentor Entrepreneur Ideas Networking 139

Startup Professionals Musings

AUGUST 3, 2020

For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Even artisan-based services, like graphic design and writing good ad copy, have innovative processes and principles. Indeed, there are some success factors that are common to both environments.

Startup 174

Startup Training Services Writing 174

InfoChachkie

DECEMBER 8, 2011

I concluded that it is an effective tool for leveling the playing field between sophisticated investors and emerging entrepreneurs. I have subsequently recommended the book to number of students as well as emerging entrepreneurs, all of whom expressed positive feedback. . Writing a book is very different from writing a blog.

Venture Capital 224

Venture Capital Writing Entrepreneur Blogging 224

Both Sides of the Table

FEBRUARY 7, 2010

I originally conceived it as the Top 11 things that I believe “all entrepreneurs need to succeed.&# If it stuck to this theme then I would stand by my top 11. There’s one attribute (coming soon) that I need to have in order to write a check but I don’t believe is vital for success. That’s OK.

Entrepreneur 267

Entrepreneur Startup SaaS San Diego 267

TechCrunch LA

APRIL 23, 2020

“ This will also help dealerships increase sales and bring needed sales tax revenues to local and state governments,” Peterson writes. “Startups and small businesses are the engine of every local and regional economy,” writes Peterson. There’s $25 billion in money set aside for public transit and $12.5

Southern California 261

Southern California Los Angeles Rosemead Incubator 261

Startup Professionals Musings

MARCH 28, 2014

Perhaps sparked by the recent recession, I’m seeing a new era of the entrepreneur, with startups springing up all around. Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. Whether you are charting new territory for pricing models or technology, there is rarely a perfect solution.

Entrepreneur 102

Entrepreneur Mentor Technical Review Satisfaction 102

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

Berkonomics

MARCH 5, 2020

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. So, it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. And fifth: Competitive risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Both Sides of the Table

MAY 4, 2013

What price? Because entrepreneurs often went to lawyers at their earliest stages to get their company registration done. Entrepreneurial lawyers like Don Lee , Dave Young or Ted Wang are good at sussing out which entrepreneurs are high potential. I asked for intro’s from entrepreneur friends. What stage?

Venture Capital 347

Venture Capital Startup Pricing Invest 347

Both Sides of the Table

APRIL 21, 2020

In a bear market executives are paid to: consolidate the number of contracts and renegotiate prices. A seed deal hasn’t already been “priced up” to a range where a new investor might be concerned about the valuation relative to performance. Valuations may have changed and “price discovery” in private markets is harder to determine.

Venture Capital 263

Venture Capital Marketing Startup Writing 263

Startup Professionals Musings

JUNE 12, 2015

Here is my summary of some major considerations that every entrepreneur needs to evaluate against the cost and effort to attract equity investors: Completing a grant application is real work. Otherwise find an inexpensive class on grant writing. Venturing outside the limits will lead to legal consequences. Technology is not enough.

Pricing 100

Pricing Equity Technical Review Research 100

Both Sides of the Table

MAY 4, 2013

What price? Because entrepreneurs often went to lawyers at their earliest stages to get their company registration done. Entrepreneurial lawyers like Don Lee , Dave Young or Ted Wang are good at sussing out which entrepreneurs are high potential. I asked for intro’s from entrepreneur friends. What stage?

Startup 361

Startup Venture Capital Pricing Technical Review 361

InfoChachkie

JANUARY 16, 2018

Greathouse: Your collective experiences have clearly made bootstrapping a viable option for you, more so than might be the case for a typical, younger entrepreneur who needs more direction, doesn’t have cash discipline, etc. What advice you can offer entrepreneurs validating their new products? Of course there are risks.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Startup Professionals Musings

APRIL 10, 2023

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. No entrepreneur can survive as an island. The entrepreneur lifestyle is all about doing something you enjoy, without undue stress, uncertainty, and risk.

Startup 142

Startup Capital Resource Research 142

Startup Professionals Musings

JUNE 16, 2011

Successful entrepreneurs are usually hard-driving, and highly focused on some specific goals, like being the dominant player in a given domain, or the low-priced provider of their product. Write it down. On the other hand, most people don’t hesitate to write down excuses. It is vague and insubstantial.

Entrepreneur 100

Entrepreneur Writing Organization Satisfaction 100

InfoChachkie

MAY 5, 2011

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. However, avoid writing contracts that may contractually hold the other party to an economically infeasible deal.

Outsource Development 244

Outsource Development Entrepreneur Resource Press 244

InfoChachkie

JUNE 27, 2011

I recently answered the question “ What are good ways to raise your children to be entrepreneurs? ” My response was brief and straightforward, which is common of popular Quora answers (as discussed in How To Write An Effective Quora Answer ). Every entrepreneur is faced with making something out of nothing.

Entrepreneur 270

Entrepreneur Startup Venture Capital Resource 270

Startup Professionals Musings

SEPTEMBER 30, 2013

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Forcing yourself to write down a plan is actually the only way to make sure you actually have a plan. It doesn’t prove your business model of pricing, distribution, and support.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

Startup Professionals Musings

APRIL 5, 2013

The most successful entrepreneurs and executives I have seen are savvy business people first, and experts in their field second. The issue in these cases was usually not the technology per se, but the bigger business picture of marketable prices, ease of use, and support infrastructures. Network in the industry as well as outside.

Entrepreneur 101

Entrepreneur Mentor Ideas Startup 101