Report: Fidelity Writes Down Investment in Snapchat


A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. It's unclear why Fidelity wrote down the value of its investment in the disappearing messaging service. snapchat fidelity writedown investment write down finance messaging instant disappearing unicorn

How To Write An Effective Answer On Quora: Communications 101


I write a bit more about how entrepreneurs can protect their ideas here: Spilling The Beans. After investing a few seconds of psychological energy attempting to recognize the character, many readers were willing to read the rest of my response in order to learn the figure’s identity.

Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Seed investments are down by any measure (funds, deals, dollars) over the past 3 years in deals < $1 million AND in deals between $1–5 million. thus the rise of “pre seed” investing). It’s very noticeable in terms of funds raised, dollars invested and deals completed.

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How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I answered in the same way I always do so I thought I’d just write it publicly. “I I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I know now that investments will consume many hours including late nights / early mornings and weekends.

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Where is the best source of early stage investment?


If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

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Invest in Lines, not Dots

Both Sides of the Table

In normal times investors will look for “traction&# before investing. I spoke about this more in depth in these two posts: 4 things I look for in an investment & how to manage VC relationships. I didn’t invest in Orgoo but by the time he launched

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The #1 Question to Ask Before Starting Any Case Study


Maybe fast return on investment is just one of the messages. Share: Case studies in the sales process Case study writing customer case studies Customer success stories Writing Customer StoriesA customer story can't just be interesting or results-oriented. It also needs to sell.

The Very First Startup Founder You Need to Invest in is You

Both Sides of the Table

This week I wrote about obsessive and competitive founders and how this forms the basis of what I look for when I invest. I had been thinking a lot about this recently because I’m often asked the question of “what I look for in an entrepreneur when I want to invest?”

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How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” But local VCs don’t deserve to get beat up for not investing.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on the skills I’ve developed in my career. The lucky cards some angels are dealt with mostly have to do with the timing of their investments.

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Angel Investing Skill 2 – Domain Knowledge

Both Sides of the Table

And we all know that Ron Conway is considered the savviest of angel investors and yet by definition not all of his investments succeed. I like to invest where I have a personally strong connection with the entrepreneur and/or a strong intuition on the market from prior experience.

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Female Entrepreneurs, AI and Investing: A Chat With Meredith Finn, March Capital


We spoke with Meredith Finn a new Partner at March Capital--who headed up that the Rise of the Female Entrepreneur sessions this year--to hear more about her perspectives on investments, what the Rise of the Female Entrepeneur was all about, March's interests in artificial intelligence and more. I was previously at Salesforce Ventures for almost four years, focused on investments in companies in the enterprise software space which were strategic to Salesforce.

The “inciting incident:” Movie scripts tell us how and when to look for investment.


None of the angels in my group is likely to write a check without hearing and believing a story about how something dramatic is about to happen. By David Steakley. If you are a screenplay writer, you are familiar with the dogma of the inciting incident.

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

They have marked-up paper gains propped up by an over excited venture capital market that has validated their investments. Logic tells me the following: It is hard to make money angel investing. It was an investment management class. I will write about some of these topics soon.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on my background. To some extent Keith Rabois agreed with me about domain knowledge and argued that most of his investments are in the consumer Internet space as a result.

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The makers of the virtual influencer, Lil Miquela, snag real money from Silicon Valley

TechCrunch LA

i am deeply invested in the drama surrounding lil miquela and now you all have to be too. It’s less well-known that the company is backed by some of the biggest names in venture capital investment — firms like Sequoia Capital.

I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). As I naturally get asked all the time why we invested in Company A or Company B, I thought I’d just put forth my thesis in writing. Naturally I’m excited about this investment or I wouldn’t have done it.

Why I Invested in Gogii (textPlus) – My First Ever Later Stage Deal

Both Sides of the Table

This is a post I’ve been dying to write for 18 months. I invested in LA-based Gogii , one of the fastest growing, most exciting mobile social networking companies you’ve never heard of and maker of a product called textPlus. I only recently invested and I only got here through persistence. I quietly watched their success from the sidelines and kept spending time with and telling the CEO, Scott Lahman, that I wanted to invest in his next company.

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How to Quickly Build a Customer Base With Lead Generation Tools


Luckily, there’s an abundance of lead generation tools that busy professionals can use to start building a subscriber base without investing too much time. With content management systems like WordPress , getting a site up and running is no big deal.

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Framework Benchmarks Round 16


Mostly so that we can use the opportunity to write a blog entry and generate hype!) But most importantly, I think, we created the project with a hopeful mindset of “perhaps we can convince some people to invest in performance for the better of all web-app developers.”.

Timing and why we’re all VCs

TechCrunch LA

When should a VC invest? Start writing down predictions about people, companies, and markets. It’s the only way forward in capitalism, and it’s worth every investment you can make. South California is also seeing declining seed investment.

Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

If a dispute cannot be self-resolved, parties then graduate to a dispute resolution marketplace of third party vendors,” Wan writes. Sometimes smart contracts can be pretty dumb.

Innovation and Geography


skip to main | skip to sidebar SoCal CTO Tuesday, February 20, 2007 Innovation and Geography I ran across a post in Read/Write Web - Does Location Matter in Web Innovation? that talked about a recent NY Times article When It Comes to Innovation, Geography Is Destiny. Reading the articles and the comments is probably worth it, but I personally think that the NY Times is overstating the advantage of being in Silicon Valley with a couple of exceptions.

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

Harris writes: “The figures, dating back to 2016, paint a picture of a company desperate to meet over-ambitious autonomy targets and one that is willing to spend freely, even recklessly, to get there. billion investment in 2018.

Tech Coast Angels: We Have Higher Returns Than Angel Averages


The Tech Coast Angels , Southern California's biggest angel investment group, says its performance record and returns on its investments are higher than the average angel, in nearly all categories, based on a new academic study. return on its investments, based on an analysis prepared by Dr. Rob Wiltbank and Professor Wade Brooks for Willamette University and the Angel Resource Institute (ARI). in active investments.

A Chat With Kelly Perdew: Moonshots Capital And Its First Dedicated Fund


In 2014, a West Point buddy of mine, and also a serial entrepreneur, Craig Cummings started working together to find entrepreneurs we liked, to help them an invest in them, along with Luis Villalobos of the Tech Coast Angels. We have continued to hone our thesis, and this gives us the ability to move the needle, and help more entrepreneurs we are investing in by being thd lead on a term sheet. We did our first close on the fund, and have made a number of investments.

Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech

TechCrunch LA

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. “If big companies like Google, Facebook and Amazon are prevented from acquiring startups, that actually reduces competition,” Sirinivasan writes.

Pipeline Fellowship | Raising Women to Become Investors

Tech Zulu Event

Men have dominated the world of investment. There were only 22% women who invested in 2012. Natalia Oberti Noguera is on a mission to help change the demographic of investment with her Pipeline Fellowship. There are not enough women in the world who are investing.

This is the Dumbest Op Ed I’ve Read in a While

Both Sides of the Table

I know it may feel this way since I’m writing this tongue in cheek. The person writing things he or she is doing me a favor. They had to physically write a letter, address it, put a stamp on it (pay) and then put it in the mailbox.

Can you overcome five risks and create wealth?


Professional investors will probe these five risk areas and make the decision to invest based upon their comfort with each. This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing.

March Capital Partners' Jim Armstrong On A New, $240M Venture Fund


Santa Monica-based March Capital Partners ( has just announced a brand new, $240M venture investment fund, led by longtime venture investing veterans Jim Armstrong, Sumant Mandal, Gregory Milken and Jamie Montgomery. What is the investment focus for this fund?

Will your company’s sale be celebration or silence?


And finally, there are the thirty-plus sad exits that were complete write-offs for the investors, sometimes regaining some portion of note-holder or creditor money in the process. First, there are at least three types of exits.

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Early stage money: The problem with PPMs


Bill Payne has been actively involved in angel investing since 1980, funding over 50 companies and mentoring over 100 more. I don’t fund new companies that have prepared PPMs for investment. The PPM does not meet the investing terms and conditions of the angels. By Bill Payne.

A Deep Dive into What Has Really Changed in Venture Capital

Both Sides of the Table

That’s a reason why some are quick to portend “a new bubble” but this post sets out to show that would be a misunderstanding of the market and in fact by historic levels this may be amongst the best times to invest in seed and early-stage funds.

Why Titles Matter a Lot if You’re a Blogger

Both Sides of the Table

When I first started writing this blog several years ago I had less followers than you have right now. But the realist in me knew I couldn’t write daily nor could I convince you to think to check out my blog with regularity.