Both Sides of the Table

APRIL 28, 2010

This was the first episode where Jason wasn’t on the show, which gave me the chance to have another VC on the show to discuss deals. Rustic Canyon is an LA-based, but geography-agnostic VC that is currently investing from a $200 million fund. VC Financings: 1. I keep meaning to get him drunk to spill the stories.

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InfoChachkie

MAY 22, 2012

The steps outlined below represent an ideal approach to raising capital from sophisticated investors. You might be at Step 2 with one VC and Step 3 with another. VCs collude all the time, it is only fair that entrepreneurs compare notes every now and again as well.”. Even the most jaded VC cannot resist authentic flattery.

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Berkonomics

MARCH 8, 2018

You do not pay professional investors who are serving on behalf of an investment company or VC and paid by that company. The option price should be set by appraisal under IRS rule 409a, and certainly should be low enough to recognize that common stock options are not worth as much as preferred stock, given the many preferences of the latter.

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Both Sides of the Table

SEPTEMBER 29, 2009

When venture capitalists scale back investing activities it can be very swift and leave many companies that are in the process of fund raising hung out to dry. Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. Why did the VC markets freeze so quickly?

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Both Sides of the Table

MAY 23, 2010

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. VC’s money comes from mostly institutional investors called LPs (limited partners). Maybe the market views this as not worth the price you paid?

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Startup Funding Venture Capital Pricing 290

Both Sides of the Table

OCTOBER 1, 2009

In my previous post, The VC Ice Age is Thawing (for now) I wrote about the reasons why the VC market came to a screeching halt in September 2008 and remained largely shut until at least April 2009. There are now signs the VC market has gathered pace meaning it’s a great time to be fund raising.

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socalTECH

JULY 10, 2019

For this morning's interview, we spoke with Los Angeles-based Halla , a venture backed startup, focused on personalized recommendations for the food ordering industry. in seed funding, from E&A Venture Capital and SOSV. We spoke with CEO and co-founder Spencer Price to learn more about the company.

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Both Sides of the Table

MAY 24, 2021

It has historically been the case that VCs would rather fund the promise of 100x in a company with almost no revenue than the reality of a company growing at 50% but doing $20+ million in sales. The abundance of late-stage capital is good for us all. My first ever investment as a VC was Invoca. Entrada Ventures? —?that

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Both Sides of the Table

JUNE 17, 2017

To grow faster businesses need resources in today to fund growth that may not come for 6 months to a year. The most obvious way to explain this is with sales people. Do you imagine eventually raising VC and trying to build a faster growing company?” They don’t want high burn rates but they will never fund slow growth.

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Startup Venture Capital Sales Course 227

socalTECH

JULY 22, 2020

in a funding round. According to the company, the round--a Seed-2 funding--was led by Okapi Capital, and also included The Cove Fund, Early Light Ventures, SaaS Venture Capital, and Stage Venture Partners and Brad Perry (co-founder of Dealer Socket), along with others.

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Both Sides of the Table

JULY 22, 2010

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Brad Feld hadn’t written his seminal “ term sheet series &# and The Funded hadn’t yet been created. But this example above is all entrepreneur math, not the VC’s.

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Venture Capital Pricing Startup Funding 405

socalTECH

AUGUST 16, 2021

San Diego-based sales and marketing software developer Seismic has raised $170M in a Series G funding round, the company said this morning, and is now valued at $3 billion. Rowe Price, according to the company. Rowe Price, according to the company. Seismic has now raised $440M in total funding.

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Berkonomics

JULY 23, 2020

Sometimes the end game or sale of the company is not a happy event. Especially when outside investors, venture capitalists, or angels, have put in substantial money and the sales price is less than the value of their investment. There are some questions a distressed sale brings to mind. How about outside investors?

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Both Sides of the Table

AUGUST 14, 2009

This is part of my ongoing series Pitching a VC. I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. Very few people fund individuals. Team: You need a team.

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Angel Funding Venture Capital Startup 291

Both Sides of the Table

DECEMBER 7, 2014

I spend a lot of time with startups and thus hear many companies talk about their approach to sales and their interactions with customers. Given customers & sales are the lifeblood of any organization you’d imagine everybody would respect their customers. Contrast that with a VC conversation I had.

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Customer Custom Venture Capital Software Review 341

Both Sides of the Table

JULY 10, 2010

This episode of This Week in Venture Capital featured Michael Montgomery, president of Montgomery & Co. You have to be selected to present and it is typically reserved for companies that have already raised early-stage capital and are well into revenue growth. Should you use investment banks to raise venture capital?

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Venture Capital Mission Ventures Capital Help 242

Startup Professionals Musings

OCTOBER 16, 2023

Projecting financials is a natural extension of the homework every entrepreneur needs to do on customer opportunity size, product costs, pricing, competition and customer value. As a rule of thumb, most viable businesses need a gross margin above 50 percent, even on wholesale prices, to cover operational expenses and survive as a business.

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Both Sides of the Table

NOVEMBER 9, 2012

The median VC exit price for deals is $70 million (FLAG Capital via Bryce.VC). There is a mythology amongst some LPs (funds that invest in VCs) and some VCs that “entry price doesn’t matter – only investing in the absolute best entrepreneurs.” So entry price matters a lot.

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Startup Technology Venture Capital Santa Barbara 323

Berkonomics

JUNE 8, 2017

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For you who fit that description, nice work. There is a lot to say about retaining control. composed of these investors and management.

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Both Sides of the Table

SEPTEMBER 8, 2009

I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. I just completed an exercise where I went out to hire a new associate for my VC firm, GRP Partners. I had to laugh a bit reading it. So back to MBAs.

Startup 337

Startup Venture Capital Study Course 337

socalTECH

FEBRUARY 7, 2013

MyTime , which operates an online service focused on online deals for appointment-focused businesses like chiropractors, personal trainers, housekeeping, and more, has raised a round of funding to expand its service beyond Los Angeles. GRP's Mark Suster said the round was worth $3M, with GRP putting up most of the funds.

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Services Funding GRP Partners Legalzoom 229

socalTECH

MARCH 25, 2010

Santa Ana-based ICanBuy , which develops online tools for helping consumers determine what they can afford on their mortgage, said this week that it has raised a Series A funding round. The firm said the funding came from high tech execs Vahid Manian and Massoud Dabir. Financial terms of the investment were not disclosed. READ MORE>>.

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Funding High Tech Venture Capital Pricing 171

TechCrunch LA

MARCH 2, 2021

But what started in the gaming world quickly spun out as the company slashed prices to $500 per month for its services. Existing investors like SeventySix Capital, The Strand Partners, Stadia Ventures, Hersh Interactive Group, and Transcend Fund, as well as early Zoom employees Richard Gatchalian and Aaron Lewis, also participated. .

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Tool Commerce .Net Entertainment 315

Berkonomics

FEBRUARY 3, 2022

There are clauses in preferred stock investment agreements allowing the investor in many cases to “put” the shares back to you at the purchase price plus dividends or more after a period, usually five years, if no effort is made to find a buyer or begin the IPO process. The advantage of creating an evergreen company. (You

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Equity Course Sales Invest 156

Both Sides of the Table

DECEMBER 27, 2011

To grow faster businesses need resources in today’s financial period to fund growth that may not come for 6 months to a year. The most obvious way to explain this is with sales people. You may have leverage when you DO need to fund raise. Do you imagine eventually raising VC and trying to build a faster growing company?”

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Startup Venture Capital Sales Technical Review 418

TechCrunch LA

MAY 3, 2022

million last year, is among hair businesses aimed at women and people of color, like Rebundle , Morado and theCut , attracting venture capital dollars. However, although they are providing such significant value, a lot of them operate with limited funding and resources, which ultimately affects the customer experience.

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Tool Customer Custom Marketing 179

Startup Professionals Musings

SEPTEMBER 13, 2022

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Self-funding or bootstrapping is still the most common and safest approach for startups Keep your day job until real revenue flows.

Startup 136

Startup Technical Review Equity Incubator 136

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Sales/Marketing.

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Sales Customer Custom Outsource 102

socalTECH

NOVEMBER 8, 2017

Santa Barbara-based TrackStreet , a developer of software to help manufacturers monitor their channel and e-commerce sites--and in particular, minimum-advertising-price (MAP) policies--has raised $2M in seed funding, the company said Wednesday. READ MORE>>.

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Commerce Artificial Inteligence Seed Funding Santa Barbara 124

Berkonomics

AUGUST 10, 2017

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. It is not a strong bargaining position for the CEO to ask for money to complete a product promised for completion with the previous round of funding.

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Venture Capital Product Resource Marketing 243

socalTECH

FEBRUARY 17, 2021

million shares of its common stock at a public offering price of $11.75 The offering was run by Lake Street Capital Markets, LLC and Northland Securities. The publicly traded company--which trades as HYRE on the NASDAQ--said it sold 2.53

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Los Angeles Pricing Platform Report 113

Both Sides of the Table

JULY 1, 2010

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. led by Altos Ventures and Maverick Capital, with Larry Braitman.

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Zag Truecar Venture Capital CarsDirect 248

Xconomy

JUNE 16, 2016

In San Diego, the complaints often focus on the relative scarcity of venture capital and hometown VC firms. So when the San Diego Venture Group recruited Mark Suster of Los Angeles-based Upfront Ventures to give the keynote talk Tuesday night for Startup Week San Diego, more than 800 people filled a downtown auditorium.

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Both Sides of the Table

SEPTEMBER 28, 2014

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.

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Startup Company Companies .Net 383

Both Sides of the Table

MAY 25, 2013

But VC is like congress. “I don’t know the exact math, but I hear it again and again: the top 2% of firms generate 98% of the returns in venture capital.” As you can see from the chart their data suggests there are about $25 billion of VC distributions per year in the US. Their data looks at tech VCs.

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Venture Capital Entrepreneur Invest Funding 374

socalTECH

APRIL 8, 2011

Los Angeles-based MarketShare , the marketing analytics technology firm run by Wes Nichols, has scored another $10M in funding, according to a regulatory filing from the firm Thursday. MarketShare was unable to provide additional details on the funding. MarketShare is backed by private equity firm Elevation Partners. READ MORE>>.

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Funding Equity Los Angeles Pricing 124

InfoChachkie

FEBRUARY 29, 2016

Too bad, as the initial funding round has increased over 4,000 times in value, making a $250,000 investment worth more than $1,100,000,000. As discussed in Why I Passed On Twilio , VC's love to talk about their successes, but seldom publicly acknowledge their mistakes. s/w sales vs real-world fulfillment of a service). .

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