Berkonomics

AUGUST 17, 2023

A personal story as an investor … [Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life.

Invest 296

Invest Capital Startup Entrepreneur 296

Both Sides of the Table

MAY 30, 2018

VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals. As an entrepreneur it can feel as intimidating as going to buy a car where the dealer knows the price of every make & model of a car and you’re guessing at how much to pay.

Venture Capital 324

Venture Capital Pricing Startup Invest 324

Both Sides of the Table

JANUARY 12, 2014

But being best-in-class at online marketing is also a sine qua non to standout from your peer group. The starting point of product IS marketing, which is what a lot of young entrepreneurs that never studied business don’t realize. Online marketing uses techniques for driving promotion and place.

Marketing 379

Marketing Startup SEM SEO 379

TechCrunch LA

JULY 19, 2022

The process for retailers and brands to liquidate excess inventory hasn’t changed very much, if at all, and while some retailers were able to build operational infrastructure to service the off-price channels, it continues to be a constant pain point. She went on to write, “Dee and Josh are the exact right team to tackle it.

Product 191

Product Funding Technical Review Equity 191

Startup Professionals Musings

NOVEMBER 15, 2013

Here is my edited summary of their ten principles, which I like and may convince you that you don’t need a business plan at all, or at the very least will help you write a better one later: A new venture is a means, not an end. Too much hesitation will kill any new venture, as markets move quickly and difficulties mount.

Writing 102

Writing Startup Entrepreneur Capital 102

Tech.Co

DECEMBER 29, 2023

While the market isn't short of spritely, innovative entrepreneurs, harsh economic headwinds combined with a pullback in investor spending have made it harder than ever for budding businesses to break through. Source: runwayml.com In June, Runway raised $141 million in funding, nudging its market valuation to an envy-inducing $1.5

Startup 213

Startup Generative AI Newsletter Tool 213

Both Sides of the Table

MARCH 1, 2016

At the Upfront Summit in early February, we had a chance to have many off-the-record conversations with Limited Partners (LPs) who fund Venture Capital (VC) funds about their views of the market. I suspect those days will end soon, and 61% of LPs polled said they felt VCs were coming back to market too quickly.

Venture Capital 150

Venture Capital Capital Marketing Seed Funding 150

Startup Professionals Musings

FEBRUARY 12, 2023

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. I believe the old adage that you don’t know what you don’t know until you try to write it down. Finish the product before marketing begins.

Startup 124

Startup Writing Entrepreneur Ideas 124

Both Sides of the Table

JULY 23, 2013

It is simply the most important way to proactively control your career development and how the market perceives you. This started as a post in which I was going to write out tips to personal branding and became in stead an essay of my own branding journey. That was fine with me – the market is the market.

Technical Advisors 385

Technical Advisors Marketing Startup Venture Capital 385

Both Sides of the Table

JUNE 5, 2011

2 preamble issues having read the comments on TC today: 1: I know that the prices of startup companies is much great in Silicon Valley than in smaller towns / less tech focused areas in the US and the US prices higher than many foreign markets. You can be pissed off, but I don’t set prices. That’s stupid.

Startup 336

Startup Pricing Technical Review Marketing 336

socalTECH

OCTOBER 11, 2016

Western Digital said its new WD Blue and WD Green solid state drives are aimed at the PC and workstation market. The WD Blue offers capacities of 250GB, 500GB, and 1TB, and are performance driven, with 545MB/s and 525MB/s sequential read and write speeds. Those drives are not yet available and pricing was not released.

Writing 100

Writing Startup Demand Pricing 100

Xconomy

SEPTEMBER 19, 2016

Amid the hue and cry over the Mylan EpiPen pricing debacle , Hillary Clinton unveiled her “ Plan to Respond to Unjustified Price Hikes for Long-Available Drugs. ” Clinton’s plan calls for “dedicated oversight to protect consumers.” That dependence on price increases won’t change any time soon. It has started.”

Pricing 40

Pricing Competition Blogging Journal 40

Startup Professionals Musings

OCTOBER 9, 2021

Depth in a specific business area, such as marketing or accounting, is important in understanding the internal and external processes of a business. Don’t forget business writing and communication. Writing a business plan is the only way to determine if you even understand what your dream is all about.

Entrepreneur 149

Entrepreneur Tips Writing Coach 149

Xconomy

OCTOBER 11, 2016

There are a lot of factors involved in drug pricing that don’t enter my head when I’m seeing a patient. The three letters “PBM,” for example (pharmacy benefit manager), have never crossed my mind when I’m writing a prescription. Or “marketing exclusivity.”. If the price is reasonable, payers should cover it.

Pricing 40

Pricing Framework Research Examples 40

Startup Professionals Musings

MAY 17, 2020

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. I believe the old adage that you don’t know what you don’t know until you try to write it down. Finish the product before marketing begins.

Startup 174

Startup Writing Entrepreneur Ideas 174

Both Sides of the Table

APRIL 27, 2014

I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). I know I can’t be in every deal and I know that the easy part of being a VC is writing the first check in a deal. They worry too much about missing out on a deal. I don’t.

Venture Capital 374

Venture Capital Invest Press Startup 374

Berkonomics

MARCH 5, 2020

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. . Are you ahead or behind the market with your product or service? compete in the marketplace?

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Both Sides of the Table

FEBRUARY 12, 2019

As a result of the IPO window shifting we saw a massive inflow of public-market capital into the latest stages of venture. In this post I set out to explain why the seed market emerged as its own category in the first place and why it’s declined as of late. ( The “A Round” of my startup in 1999 was $16.5

Venture Capital 328

Venture Capital Invest Seed Funding Startup 328

Both Sides of the Table

OCTOBER 12, 2014

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. For starters some funds are small and thus while they put $750k into your company to own 10% of your company they might not be able to write another $2 million if you then raise a $20 million round (10%).

Guide 336

Guide Venture Capital Startup Writing 336

Startup Professionals Musings

APRIL 29, 2023

On the product side, once you have a proven product and business model, all you need is money to build inventory, and a sales and marketing operation to drive the business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Capture your “secret sauce.”

Startup 111

Startup Training Services Writing 111

Both Sides of the Table

MAY 5, 2013

.” In the article I discussed the downside of raising capital at a too high of a price and referred people to a previous article I had written encouraging founders to raise “ At the Top end of Normal ” as opposed to stratospheric prices. And no amount of explanations, “we raised in a frothy market.

Pricing 302

Pricing Seed Funding Invest Venture Capital 302

Both Sides of the Table

JULY 27, 2014

I wrote my version here and Scott wrote an excellent write-up of his views here. We both agree that the later-stage valuations are being driven up to a point that feels irrationally priced [he uses b-round SaaS valuations as an example and I am willing to be even more broad based]. Each of the two videos is about 10 minutes long.

Venture Capital 309

Venture Capital SaaS Writing Funding 309

Both Sides of the Table

MAY 27, 2016

I answered in the same way I always do so I thought I’d just write it publicly. “I I spend hours thinking about the products, competitors, market opportunities, recruiting and financing of these businesses. Anyway, since I’ve now been asked three times in the past week I thought I’d just write publicly what I often say privately.

Invest 254

Invest Writing Pricing Metrics 254

Startup Professionals Musings

APRIL 10, 2023

Here is my edited summary of their ten principles, which I like and may convince you that you don’t need a business plan at all, or at the very least will help you write a better one later: A new venture is a means, not an end. Too much hesitation will kill any new venture, as markets move quickly and difficulties mount.

Startup 142

Startup Capital Resource Research 142

Startup Professionals Musings

JUNE 7, 2021

The market for domain investors has taken a big step down in the last few years, since the Internet Corporation for Assigned Names and Numbers ( ICANN ) has rolled out top-level domains for every country, like.us Contemplate your available budget, the potential value of the name to you, and the range of possible prices mentioned above.

Startup 136

Startup Pricing Tips .Net 136

TechCrunch LA

APRIL 23, 2020

Popular programs like Opportunity Zones, New Market Tax Credits and Community Development Finance Institutions could be used to boost the government’s commitment with private capital, the plan’s authors argue. “Startups and small businesses are the engine of every local and regional economy,” writes Peterson.

Southern California 261

Southern California Los Angeles Incubator Rosemead 261

Startup Professionals Musings

AUGUST 3, 2020

On the product side, once you have a proven product and business model, all you need is money to build inventory, and a sales and marketing operation to drive the business. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Capture your “secret sauce.”

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

JUNE 12, 2015

This is at least double the time required for most equity investments, and may be a delay you can’t afford in keeping up with the market and your competitors. Otherwise find an inexpensive class on grant writing. Enhance your business plan and marketing with these in mind. Experts are available but expensive.

Pricing 100

Pricing Equity Technical Review Research 100

Berkonomics

JUNE 29, 2017

[Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life.

Invest 243

Invest Entrepreneur Sales Startup 243

Both Sides of the Table

FEBRUARY 6, 2019

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. More on that later. If you look even more closely you’ll see just how skewed the data really is.

Venture Capital 292

Venture Capital Capital Startup Funding 292

Berkonomics

MARCH 14, 2019

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. . Email readers, continue here…] Are you ahead or behind the market with your product or service?

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MAY 15, 2021

The issue in these cases was usually not the technology per se, but the bigger business picture of marketable prices, ease of use, and support infrastructures. You don’t really understand a new idea, until you try to write it down and succinctly communicate it to peers and critics. Network in the industry as well as outside.

Mentor 139

Mentor Entrepreneur Ideas Networking 139

Startup Professionals Musings

MARCH 2, 2020

His challenge is to focus on one market, with a specific design, cost, and price. Bill was initially the idea person and technologist, while Steve had the business and marketing experience from Proctor & Gamble to close the business equation. For example, I have a friend with a Ph.D. Yes, there are a lot of bridges to cross.

Ideas 126

Ideas Writing Examples Outsource 126

Both Sides of the Table

NOVEMBER 14, 2010

While many of my friends bragged about their 5 condos in Florida I kept talking about how the real estate market was in a bubble – their gains an illusion. I pointed to several Economist articles I had read that mapped historical prices of real estate for 400 years and how on average property values grow at no more 1.5%

Invest 299

Invest Angel Technical Review Venture Capital 299

Both Sides of the Table

JUNE 22, 2011

They have seen one side of a market where many of us have seen the ebb and flow multiple times. Still, market amnesia by ordinarily rational actors always surprises me. I will write more about this in the next 2 weeks. I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class.

Pricing 309

Pricing Marketing Startup Venture Capital 309

Both Sides of the Table

JULY 23, 2014

15 years ago we were at the peak of Internet hype with the launch of many over-capitalized businesses with a market size & opportunity was limited. The VC market has right-sized (returned back to mid 90′s levels & less competition). But markets value high growth over short-term profitability. Where are we today?

Venture Capital 398

Venture Capital Technical Review Startup Seed Funding 398

Startup Professionals Musings

NOVEMBER 22, 2017

If you can explain the problem to a mentor, or even write it down, you will more likely get to the root cause quickly, and avoid emotional and blame-infused responses. Whether you are charting new territory for pricing models or technology, there is rarely a perfect solution. Explore solutions, outcomes, and options calmly.

Satisfaction 53

Satisfaction Marketing Mentor Entrepreneur 53