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One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP -- staffed with a surprising number of Los Angeles startup vets. Our whole product and technology team is about 500 people. Talk about the technology behind your operations here? What''s your background and how did you end up at YP?
For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” He or she has worked at some very successful big technology or media companies and went to a great school. He still has the dream. He has the hunger.
One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP (www.yp.com) -- staffed with a surprising number of Los Angeles startup vets. Our whole product and technology team is about 500 people. Talk about the technology behind your operations here? Louis and Atlanta.
I’ve worked with 30+ early-stage companies in all sorts of capacities (and spoken to many, many more), so I thought it might be worthwhile trying to classify the various ways that I’ve engaged in different technology roles in startups. It depends on the business, people, technologies, etc. Each situation is just a bit different.
Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse duediligence on the investors. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. It’s no fun for either side.
All parties need to perform duediligence to ensure that the assumptions are correct, that neither partner has financial issues which could affect the partnership, and that the opposite partner has the skills to contribute to the partnership. Access to new technologies. Review financial statements – up to 3 years if available.
Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse duediligence on the investors. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. It’s no fun for either side.
Every year, we feature the year end reflections of founders, CEOs, investors, sposors, and others in Southern California's high tech community. As you may recall the Alliance's mission is to elevate the region as a global leader in innovation, technology & entrepreneurship. We've been posting these throughout the next two weeks.
Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse duediligence on the investors. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. It’s no fun for either side. Marty Zwilling.
Instead of equity, the company is aimed at profiting profitable small businesses with business debt funding from investors, to help those businesses grow and get to the next level. Why did you decide to focus on debt, not equity? I kind of fell into it, after a period of diligence on the idea, and realizing it was a big opportunity.
Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse duediligence on the investors. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels. It’s no fun for either side.
I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology.
Every investor in your startup, even friends and family, normally expects a share of your company (equity), which means your return for all your effort goes down quickly. This requires heavy research and lots of time. After months of preparation, you should expect another six to nine months for reviews and funding cycles.
The primary stipulation is that each Thiel Fellow must drop out of college, for at least two years, and pursue their “entrepreneurial ventures, research and self-education.”. Facebook had to resolve expensive and time-consuming litigation related to promising early hires senior positions and substantial equity stakes.
A tweet by Yahoo CEO Marissa Mayer on August 9th caused a stir in the tech scenes. ” Matt Ocko also revealed to Silicon Beat that they have been getting a lot more press inquiries due to the number of deals they were doing. Strong Network, Operational Experience and Technical Background. 35+ Equity Partners on board.
They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. Another report from the Pew Research Center confirms that Boomers are still a third of the workforce, equal in size to the Gen-X segment and the Gen-Y segment.
A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. through Grants.gov , an online directory of more than 1,000 federal grant programs that don’t look for equity or payback. Investors want potential for a large and timely return, with reduced risk.
Andrew Erskine has developed his legal career along with the rise of the tech startup scene in Los Angeles. Below, you’ll find the rest of the founder reviews, the full interview and more details like their pricing and fee structures. Eric Eldon: H ow did you get involved with tech companies and startups? The Interview.
You need to research the possibilities in a new landscape but your personal research has been well, a bit fruitless. are reflected in their stable of on-demand, hourly paid consultants and freelancers for a number of business roles: Market Research. DueDiligence. Marketing & Branding. Investor Decks.
They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. Another report from the Pew Research Center confirms that Boomers are still a third of the workforce, equal in size to the Gen-X segment and the Gen-Y segment.
PT as they kick off the new weekly tech law show "TechZulu Law" with a discussion with IP attorney Denise Grayson, who portrays the attorney of Eduardo Saverin in the film about the early days of Facebook, "The Social Network.". The show focuses on legal issues surrounding startups, entrepreneurs, venture capitalists and emerging technology.
Dave Eastman: For one thing, although we're not completely unique in this, is we don't take equity. We don't have the resources to do typical diligence and assessment, so we just piggyback on other deals. We also provide a lot of other training, such as here's how you form an entity, how equity works, etc.,
are eliminated during duediligence. The corporate entity lends itself best to the concept of “sharing” equity required by investors, and unincorporated entities don’t get funding. All the conviction and market research in the world are no substitute for real customers paying real money. Line up an experienced team.
CircleUp is an online social marketplace that supports direct equity investments from individual investors to small private consumer and retail companies. So this past October 2012, after years of investigative scientific research “ Electrified ” became a reality. image EPA/Andrew Gombert. vc , Liam Martin with Staff.
From the phone in your pocket to the television hanging on your wall, apps have penetrated technology and they aren’t going anywhere. Smart technology doesn’t work without clever software to make it useful. Do Your Research. How many reviews do they have? Apps are quickly becoming a ubiquitous part of life.
are eliminated during duediligence. The corporate entity lends itself best to the concept of “sharing” equity required by investors, and unincorporated entities don’t get funding. All the conviction and market research in the world are no substitute for real customers paying real money. Line up an experienced team.
In this article #StartupsEverywhere , I talked with Joe Wallace, CEO and Chief Innovation Officer of the Coachella Valley Economic Partnership, and Hank McCarrick, CEO and founder of Seco Sys about sustainability, emerging eco tech, and challenges in the ecosystem. Joe Wallace, CEO and Chief Innovation Officer at CVEP.
In this article #StartupsEverywhere , I talked with Joe Wallace, CEO and Chief Innovation Officer of the Coachella Valley Economic Partnership, and Hank McCarrick, CEO and founder of Seco Sys about sustainability, emerging eco tech, and challenges in the ecosystem. Joe Wallace, CEO and Chief Innovation Officer at CVEP.
I continue to collect great content that is the intersection of startups, products, online and technology. The United States is now a debtor nation to China and that the bill is about to come due. These are probably the two sites where I've posted the most reviews. One out of ten of Americans are out of work.
According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. Nevertheless, it’s an option that doesn’t cost you equity. Bartering technically means exchanging goods or services as a substitute for money. Solicit funds from friends and family.
According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. Nevertheless, it’s an option that doesn’t cost you equity. Bartering technically means exchanging goods or services as a substitute for money. Solicit funds from friends and family.
The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.
The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family. Apply for contests and business grants.
The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.
The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.
The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.
The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.
Nevertheless, it’s an option that doesn’t cost you equity. The hottest new way of funding startups is to use online sites, like Kickstarter , to request donations, pre-order, get a reward, or even give equity. Bartering technically means exchanging goods or services as a substitute for money. Join a startup incubator.
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