socalTECH

NOVEMBER 24, 2021

QLess powers virtual check-ins for virtual lines, where people can check in and receive SMS updates about wait times. Pasadena-based QLess, which develops software for managing virtual customer waiting lines, said on Tuesday evening that it has been acquired by Palisades Growth Capital, along with a syndicate of un-identified family offices.

Equity 140

Equity Pasadena Acquisition Customer 140

SoCal CTO

FEBRUARY 22, 2011

Todd Gitlin of Safire Partners was nice enough to compile some data on Start CTO Salary and Equity at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.

CTO Hire 301

CTO Hire CTO Coach Equity Startup 301

SoCal CTO

NOVEMBER 1, 2010

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. There are cases where I will do equity-only deals. who start with small equity percentages don’t end up making very much from startups.

CTO Hire 241

CTO Hire CTO Coach Equity Develop 241

SoCal CTO

APRIL 18, 2012

Todd Gitlin of Safire Partners - a go to resource here in LA for recruiting C-level positions at startups - was nice enough to compile some data again this year (see last year's Startup CTO Salary and Equity Data ). Or they are looking at Hiring a CTO and want to see what salary and equity ranges look like.

CTO Hire 294

CTO Hire Equity Demand Resource 294

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. The entity now guides both HelpWithCOVID and HelpWithBlackEquity. Why is that Deed got involved, and what is the relationship?

Equity 124

Equity Resource Startup Platform 124

SoCal CTO

FEBRUARY 22, 2011

Todd Gitlin of Safire Partners was nice enough to compile some data on CTO Equity and Compensation at Venture Backed Companies for the LA CTO Forum and present last year. The data is a bit tough to deal with via a post, so I've shared it two ways: You can find a PDF with some analysis at: CTO Equity Compensation PDF.

CTO Hire 273

CTO Hire CTO Coach Equity Company 273

Both Sides of the Table

MARCH 31, 2012

If you haven’t read Adam Lashinsky’s awesome new book about Apple , you should. It takes on many of the lessons MBA programs and Corporate America have been teaching about business for the past 50+ years and questions whether lessons from Apple might be more applicable in thinking about the future. Specifically, 1.

Startup 319

Startup Sales Course Competition 319

socalTECH

AUGUST 3, 2020

A few weeks ago, Help With Black Equity (www.helpwithblackequity.com) launched an effort to help connect volunteers with efforts to help with addressing racial disparities, including here in Southern California. The entity now guides both HelpWithCOVID and HelpWithBlackEquity. Why is that Deed got involved, and what is the relationship?

Equity 100

Equity Resource Startup Platform 100

Both Sides of the Table

AUGUST 30, 2010

I’ve written about the topic of convertible debt at length before specifically about how angels & entrepreneurs should think about pricing. prefer equity to convertible debt): If you’re an early stage investor (e.g. Should entrepreneurs ever prefer a priced equity round to convertible debt?

Equity 319

Equity Pricing Venture Capital Entrepreneur 319

socalTECH

JULY 25, 2016

Outerwall , the parent company of San Diego's EcoATM , has agreed to a private equity buyout by Apollo Global Management , about five months after Outerwall launched an effort to find a buyer. It's unclear what the private equity acquisition means for EcoATM's San Diego operations. Outerwall also owns Redbox and Coinstar.

Equity 100

Equity San Diego Acquisition Company 100

Startup Professionals Musings

SEPTEMBER 10, 2018

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Amount of venture funding provided.

Equity 95

Equity Patents CTO Hire Startup 95

socalTECH

OCTOBER 14, 2013

Costa Mesa-based networking equipment maker Emulex is in the midst of discussions with private equity investors, to take the company private, according to a report Monday. The report, from Reuters, said that Emulex has talked with such private equity investors as Francisco Partners, Thoma Bravo, and Thomas H. Lee about a deal.

Equity 147

Equity Report Networking Acquisition 147

Berkonomics

NOVEMBER 23, 2023

Here is the warning: The execution of equity allocations and of a good incentive program using equity is often mismanaged, damaging the corporate capitalization structure and even affecting the outcome of subsequent investment into the company. … Equity is divided between the founders and the business begun.

Equity 156

Equity Class Pricing Sales 156

Berkonomics

DECEMBER 14, 2023

How about employees all the way down the line and through the corporation? But how about awarding stock options to all employees? How do we align them to the goals and strategies of the enterprise? Obviously for the appropriate individuals, a bonus program aligned to the department’s goals is appropriate. Show everyone financials?

Slides 156

Slides News Equity Writing 156

SoCal CTO

JANUARY 18, 2011

I have been working full time with two founders for about 10 months on full time basis. During that time one of the founders had mentioned that for the initial agreed time (3 months, equivalent dollars could be translated to 2% of equity but no agreement was reached at that time). Likely this greatly affects cash vs. equity.

CTO 167

CTO CTO Hire CTO Coach Equity 167

Both Sides of the Table

SEPTEMBER 30, 2011

But the ground we covered was awesome for anybody wanting to know more about sales. LinkedIn (we talked about some tricks we use in LinkedIn). 36:00 Sales people only care about money. When & Whom should you hire? when is the right time to hire your first sales employee? junior vs. senior? brains vs. relationship?

Software Review 300

Software Review Sales Tips Help 300

socalTECH

APRIL 26, 2012

A report today from Bloomberg says that Providence Equity Partners , the private equity firm which owns part of Los Angeles-based Hulu , is selling its stake to the firm's other owners in a deal valuing the firm at about $2 billion.

Hulu 157

Hulu Equity Report News 157

SoCal CTO

JANUARY 18, 2011

I have been working full time with two founders for about 10 months on full time basis. During that time one of the founders had mentioned that for the initial agreed time (3 months, equivalent dollars could be translated to 2% of equity but no agreement was reached at that time). Likely this greatly affects cash vs. equity.

CTO 150

CTO CTO Hire CTO Coach Equity 150

Startup Professionals Musings

SEPTEMBER 25, 2019

3% If you are not on this list, just worry about getting whatever your peers are getting. It never hurts to ask in a job interview what stock options are available, and don’t fall for the offer which promises to “work out the equity terms later.” Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Equity 94

Equity Startup Pricing Marketing 94

Both Sides of the Table

SEPTEMBER 23, 2010

We all know about AngelGate by now. Here’s what you need to know… As a funny coincidence I happend to have written about the topic of collusion 3 weeks prior to the fateful dinner. They’re not in search of price fixing or collusion, they’re in search of diligence information about the company.

Pricing 292

Pricing Entrepreneur Technical Review Venture Capital 292

SoCal Tech Calendar

SEPTEMBER 23, 2009

Thursday, September 24, 2009 -- Sweat Equity. Sweat Equity is a great way to build your team and great way to join a promising company. This is not always a straight forward proposition as you need to think about valuations, options, warrants or stock grants. Everyone goes into a deal with the thought of the upside.

Equity 100

Equity Company Companies 100

Berkonomics

APRIL 25, 2024

While the CEO and management offer the vision, strategies, and tactics as well as the proposed budget, it is the board that controls with its votes the execution of strategy, the expenditure of cash, the taking on of debt or new equity, the very direction of the company as well as its ultimate health. Then who is most important?

Equity 156

Equity Resource Email Design 156

socalTECH

MAY 12, 2010

For our Insights and Opinions section this afternoon, we have an article from angel investor Dave Berkus , who is past chairman of the Tech Coast Angels, which talks about the structure of equity in an early stage business. Equity is the currency of early stage businesses. To protect against. READ MORE>>.

Equity 140

Equity Tech Coast Angels Invest Capital 140

Berkonomics

JANUARY 25, 2024

Everyone, even seasoned CEO’s can use a good coach who knows how to bring out the best in a person, is knowledgeable about the business process, and who has an extended list of relationships to call upon to fill needs that become obvious in the coaching process. Business coaches come in all sizes and shapes. It is worth asking.

Coach 156

Coach Organization Resource Equity 156

Startup Professionals Musings

MAY 20, 2016

Granted, all the experience so far has been without the most anticipated feature of the JOBS Act – Equity Crowdfunding (Title III) , effective a few days ago with 685 pages of rules. At least ten online portals are already gearing up to help regular people buy startup equity, without abiding by accredited investor rules.

Equity 54

Equity Platform Entrepreneur Demand 54

Startup Professionals Musings

AUGUST 9, 2020

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Amount of venture funding provided.

Startup 174

Startup Equity Patents CTO Hire 174

Startup Professionals Musings

AUGUST 24, 2016

So the first question I usually get is what percent of the company or equity is that person worth? Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Amount of venture funding provided.

Equity 62

Equity Startup Patents CTO Hire 62

Both Sides of the Table

DECEMBER 11, 2022

Nobody cared about our valuations any more. If they didn’t care about him they certainly didn’t care about me or Jason Lemkin or Jason Calacanis or any of us. I wrote a post in 2015 that memorialized at the time how I felt about all of this, titled, “ Why I F **g Hate Unicorns and the Culture They Breed.”

Venture Capital 466

Venture Capital Startup Marketing Pricing 466

SoCal Tech Calendar

MAY 6, 2009

Tuesday, May 12, 2009 -- TSX Equity Financing Opportunities. The session will cover the benefits of securing capital through the TSX Venture Exchange, what CEOs need to know about the process, and how companies are evaluated for possible Canadian funding.

Equity 100

Equity Networking Capital Funding 100

Startup Professionals Musings

SEPTEMBER 21, 2011

Many entrepreneurs forget that their success is more about helping other people than about personally becoming famous, or overcoming the odds and getting rich. How and why this is true was brought home to me in a new book, “ It's Not About You: A Little Story About What Matters Most in Business ,” by Bob Burg and John David Mann.

Entrepreneur 102

Entrepreneur Customer Custom Mentor 102

TechCrunch LA

JULY 19, 2022

In terms of growth, it took Ghost about 90 days to reach its first $1 million in gross merchandise volume and then 180 dates to get to its first $1 million GMV day, Kaplan said. Ghost itself closed on a Series A equity round of $13 million, along with $7 million in debt, in June. That’s our vision.”. Syrup Tech bags $6.3M

Product 191

Product Funding Technical Review Equity 191

Startup Professionals Musings

JANUARY 20, 2014

Many entrepreneurs forget that their success is more about helping other people than about personally becoming famous, or overcoming the odds and getting rich. This is a fictional story about how an aggressive young M&A executive comes to realize that his aggressive style is actually making it harder to reach his goals.

Entrepreneur 103

Entrepreneur Customer Custom Mentor 103

Startup Professionals Musings

MAY 21, 2023

If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you. Trade equity or services for startup help. Another common example is exchanging equity for legal and accounting support. Marty Zwilling

Startup 106

Startup Capital Equity Funding 106

TechCrunch LA

DECEMBER 17, 2019

Domio , a startup that designs and then rents out apart-hotels with kitchens and other full-home experiences, has raised $100 million ($50 million in equity and $50 million in debt) to expand its business in the U.S. and globally to 25 markets by next year, up from 12 today.

Equity 136

Equity Startup Los Angeles Capital 136

SoCal Tech Calendar

AUGUST 20, 2009

Wednesday, August 26, 2009 -- The Return of the Public Equity Markets. Are the public equity markets back? Join our panel of financial, industry and legal experts to learn about current transactions, investors' expectations for future deals and how new SEC hot buttons can affect your company.

Equity 100

Equity Marketing Invest Company 100

Tech Zulu Event

OCTOBER 30, 2012

Co-founders Myke Armstrong and Jacob Fatoorechi have today launched Tapshare, an app to allow one share their photos instantly and earn equity as well. We are looking for more people passionate about taking photos, and we’re giving away part of the company to them.”. Tapshare is the perfect app to release for Halloween.

Equity 79

Equity Examples Los Angeles Angel 79

Startup Professionals Musings

AUGUST 6, 2023

Most of the experience so far has been cash versus the equity feature defined by the JOBS Act – Equity Crowdfunding (Title III) , introduced back in 2016 with 685 pages of rules. Have you ever wondered what professional startup investors think about all this? Lack of checks and balances on startup valuations.

Equity 80

Equity Platform Entrepreneur Statistics 80