June, 2024

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Why the Future of Space Starts in LA

Both Sides of the Table

Credit: Apex Today, Apex announced their Series B funding round, led by XYZ Ventures and CRV, with participation from Upfront. And if you spend much time in LA, you’ll quickly realize that we’re in a groundswell of space and defense startups. Is it because of the rich engineering talent coming out of Caltech, UCLA, USC, Harvey Mudd, and all the other universities?

CalTech 237
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Should you find a business coach?

Berkonomics

Does this resonate with you? The CEO position can be a lonely place, especially when you find yourself in a position of not being able to bring an issue directly to the board and not wanting to explore solutions with associates within the company. Sign of weakness? This sometimes happens when a person is unwilling to admit a weakness in an area that is critical, such as analysis of financial statements, or when unhappy with the actions of your board or with pay offers by the board’s compensation

Coach 156
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7 Private Small Business Grants to Apply For in June 2024

Tech.Co

Starting or growing a small business in 2024 is no easy feat, and one of the biggest obstacles you will face is securing funding. While small business loans can provide a lifeline to business owners looking for swift cash injections, high interest rates, and repayment terms have the potential to sting you later down the line. As the old adage goes, money doesn’t grow on trees.

Coach 137
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I’ve been sued as a board member.

Berkonomics

I’ve been sued as a board member too many times over the past twenty-five years of board service. Five times. Does that shock you? It does me. What’s the exposure? Here are some examples: Entrepreneurs blaming their board for failures of a fragile, early- stage company. Shareholders unhappy over the same loss, reaching out to sue every name available.

Email 156
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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8 Grants Women-Owned Businesses Can Apply For in 2024

Tech.Co

With 42% of US companies currently owned by females, the business landscape has become a lot more equitable in recent decades. Yet, despite major strides being made by women in business, entrepreneurship is still very much a man’s game, with all-female start-ups receiving only 1.9% of venture capital funding in 2023. But it’s not just angel investors that favor the status quo.

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Ever receive worthless advice?

Berkonomics

Ever get bad advice? Sure. We all have in our past. Ever take that advice without question because the person giving it was an investor, a superior in rank, the chairperson of your board? I’ll bet you have at least one story of bad advice taken and being bitten as a result. Reaching back for an important lesson As one illustration among many I can recall, let me tell you the story of the first investment made by a newly organized formal group of angel investors.