Both Sides of the Table

APRIL 25, 2011

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. You own the IP you create. We were a great services business.

Services 332

Services Venture Capital IP Startup 332

Both Sides of the Table

SEPTEMBER 15, 2013

But we’re a technology company that produces great video not the other way around. By being a great tech company that provides video we have the assets to: Capture customer information and use this to build direct relationships. Expect to hear a lot more about Maker technology in the next 18 months.

Networking 366

Networking Media Content Customer 366

Both Sides of the Table

MAY 2, 2015

For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. I will inevitably leave some of our great CFOs out – I apologize. My real goal is to help others not comprehensively thank all of our great teams. Great startups have budgets.

Outsource Development 150

Outsource Development Metrics Startup Sales 150

Tech Zulu Event

APRIL 16, 2014

It’s a great place for enthusiasts to discuss how to monetize mobile platforms, increase efficiency at home and in the workplace, and to generally do cool things for people everywhere. The government and TV broadcasters are sitting on a treasure trove of idle spectrum that could be put to great use by the innovation community.

Mobile 100

Mobile Commerce IP Platform 100

Both Sides of the Table

SEPTEMBER 18, 2014

If you’re wildly successful early on or if they help you achieve a great valuation they actually pay a significant price for their eventual stock even though they took much more risk than a future investor and backed you early. Mostly former colleagues and friends. So they backed you – a person they trust. Me: More dilution?

Venture Capital 417

Venture Capital Capital Pricing Doc 417

Both Sides of the Table

JANUARY 5, 2010

Having street smarts with no inspirational ability to build teams can yield a great small business but will be difficult to scale into a large VC-backed business. They often make great team members such as head of products, CTO, head of sales, CFO, etc. There are plenty of great leaders who work really hard and work for big companies.

Entrepreneur 293

Entrepreneur Startup Venture Capital CTO Hire 293

Both Sides of the Table

JUNE 5, 2015

I am reminded of this problem every time my firm does a financing where a note went before us but more specifically I was reminded by this great post by Brad Feld to talk about the pre-money vs. post-money conversion issue. It’s worth reading his post to understand the problem. I can boil it down to how this tension plays out.

Venture Capital 150

Venture Capital Pricing Startup Invest 150

socalTECH

SEPTEMBER 1, 2020

The first piece of this is getting really great visibility of the landscape of e-commerce. We have some IP we are waiting on to put a wedge in the market, and we have quite a bit of backlog in our product. We're also giving them the technology to grow their sales, both through online and offline channels.

Artificial Inteligence 140

Artificial Inteligence Startup Commerce Sales 140

Both Sides of the Table

SEPTEMBER 25, 2010

But that’s what great angels do. With sufficiently lightweight standardized equity terms (and some changes in investors’ and lawyers’ expectations about equity rounds) you might be able to do the same thing with equity instead of debt. Markets always evolve toward higher resolution. Violent agreement.

Venture Capital 286

Venture Capital Pricing Technical Review Startup 286

Both Sides of the Table

JULY 7, 2015

If you invited me into a round in which you invested $2 million and I wrote a $50,000 angel check along with 5 others, my expectation is that if things aren’t working well you – the lead- own the responsibility for working most closely with the founders to help fix it. Every great investor knows this.

Angel 150

Angel Startup Seed Funding Invest 150

socalTECH

FEBRUARY 21, 2012

We can tell that they're using a voice-over-IP phone number or prepaid mobile phone, and we might not allow them to register because their experience is that a majority of their fraudulent activity comes from those type of phone numbers. Steve Jillings: FrontBrige was a really great company. It's been unbelievable.

Marina Del Rey 238

Marina Del Rey Startup IP Examples 238

InfoChachkie

JUNE 25, 2009

I established such a relationship with a fantastic lawyer and he taught me a great deal over the 10 years we worked together. Thus, every time you submit a request to your lawyer, make it very clear when you really need a response – this will help your Legal Eagle to effectively manage his time and ensure that he meets your expectations.

Technical Advisors 124

Technical Advisors Technical Review IP Patents 124

Both Sides of the Table

SEPTEMBER 28, 2014

But this strategy great depends on point 3. Think: If you raise $10 million at a $30 million pre ($40 million post) that investor needs you to exist for at least $120 million (3x) to hit his or her MINIMUM return target his or her investor’s are expecting. So money spent should add equity value or create IP that eventually will.

Startup 383

Startup Company Companies .Net 383

InfoChachkie

MAY 16, 2011

1) Expect Independent Channel Sales Reps To Perform Missionary Sales. Thus, follow the guidelines outlined in IP – Worthless To A Startup and only spend significant time and effort protecting your intellectual property when it is clear what you are trying to protect. Rationale: I cannot afford to hire a direct sales force.

Startup 242

Startup Outsource Development Outsource Sales 242

Tech Zulu Event

MARCH 6, 2014

Concurrently, Scot also sees an overall pullback on original IP’s. A couple (hilarious) quotes on their findings: “Keep peoples’ expectations low and they’ll expect failure.” This is of course, assuming we’re discussing console. Shaping Consumer Behavior through Technology.

Mobile 93

Mobile Platform Technology Screening 93

SoCal Delicious

JANUARY 15, 2010

Sebastian’s Pamphlets If you’ve read my articles somewhere on the Internet, expect something different here. While handling bots, you should detect search engine crawlers, too: /* lookup your crawler IP database to populate $isCrawler; then, if the IP wasnt identified as search engine crawler: */ if ($isCrawler !==

SEO 37

SEO IP PHP Blogging 37

SoCal Delicious

JANUARY 15, 2010

Sebastian’s Pamphlets If you’ve read my articles somewhere on the Internet, expect something different here. For the sake of a common denominator, I encourage you to perform a tiny real-world experiment: Publish a great and linkworthy piece of content. Tweet its URI (not shortened - message incl. URI ≤ 139 characters!)

Social Media 41

Social Media Develop Development Media 41

Both Sides of the Table

OCTOBER 6, 2010

Maybe this CEO doesn’t see me as a great fit. Some entrepreneurs have said to me, “yeah, but then the VC sees you when you’ve not yet matured and you set a bad initial perception.&# Not if you manage expectations. &# We know that we’re meeting you earlier than you’d normally invest. It’s a P.

Startup 360

Startup Venture Capital Invest Slides 360

Both Sides of the Table

MAY 5, 2011

Great lifestyle, great cost of living, motivated people and only the crap weather on the negative side. It really wouldn’t take much to turn a great technology ecosystem into a truly electric one. It’s great to see an initiative like Seattle 2.0 The ingredients are all here. Seattle has its patrons.

Venture Capital 317

Venture Capital Technical Review Startup Press 317

Both Sides of the Table

APRIL 27, 2010

I never implied that startups are all great and job hoppers are all at fault. Some amount of change is expected. To the contrary – if you know how to sell your own work, can negotiate good rates, network well, keep consistent work and have a great reputation – it can be very rewarding.

Startup 285

Startup Venture Capital Sales Software Review 285

Both Sides of the Table

FEBRUARY 10, 2011

The iPhone is a great example of simplicity and clarity. We talk about the proliferation of data and the openness of information in terms of the data and the Twitter “ecosystem” and also in terms of the expectation of users. A simple idea also allows for clarity. How do entrepreneurs contact angel investors they don’t know?

Angel 302

Angel Startup Ideas .Net 302