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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

The first check I wrote was just over 10 years ago into a company called Invoca who just announced a new $56 million in funding led by Scott Hilleboe at HIG Growth Partners. We not only have our Series A funds that can write $500k?—?$15 15 million first checks but we also have three growth funds. Over the past 2.5

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

It’s what signals to existing investors how quickly their teams need to be fund raising and the level of risk the company is facing and also it signals to potentially new investors both how quickly you need to raise (ie you have less leverage if you’re in a rush) as well as how much cash you’ll need if they fund you.

Startup 383
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How Halla Is Using AI To Personalize Food, With Spencer Price

socalTECH

in seed funding, from E&A Venture Capital and SOSV. What we learned, is there is so much more demand from existing retailers and platforms that sell directly to consumers, and discovery platforms like Foursquare, who wanted to user our IP as a layer, versus a standalone product. The company has raised $1.9M What is Halla?

Pricing 113
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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

So it could be that a sale would yield you seven figures and you could move on to your next role but the CEO wants to “go big or go home” and sometimes go home is the outcome. There is often money to be made in finding places with under-valued IP. I saved my main point for last. ” (Warren Buffett).

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The Long-Term Value of Loyalty

Both Sides of the Table

But in our first year of sales (and those were really shitty years to be selling software) we sold $2.1 I learned how to establish sales targets and how to manage a sales pipeline. I learned how to do a pipeline review with sales people without getting bullshitted to. I never built Google. million, then $5.9m, $7.7m

Startup 285
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Top 120 Startup Posts for 2010

SoCal CTO

November 23, 2010 Entrepreneurs, Using Outsourcing to Obtain Capital Efficiency Needs to be Thought Through to be Effective - Robert Ochtel , June 7, 2010 Teen Entrepreneur, Brian Wong, Youngest Founder to Receive Angel Funding - teenentrepreneurblog.com , October 28, 2010 Build Your Own Silicon Valley?

Startup 378
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Get Inside the Mind of an Angel Investor

Both Sides of the Table

When I meet with Tom offline it’s obvious that he immediately is thinking about product issues, technology trends, funding rounds, etc. At Sony, he didn’t feel like he could “steer the ship” and get his ideas heard so he left and started GUBA, GUBA had no seed funding. In the angel world you see soft circles a lot. (0:35:28).

Angel 302