Berkonomics

JUNE 19, 2014

And in all cases, simply sending in an executive summary of the business plan via email or filling in an application for funding on a website lowers the chance of success to near nil. I receive three hundred unsolicited executive summaries a year, and my investment group, Tech Coast Angeles, sees over one thousand.

Technical Review 207

Technical Review Tech Coast Angels Summary Email 207

Both Sides of the Table

SEPTEMBER 20, 2014

The truth is the process isn’t over until after the employee starts with the company, updates her LinkedIn profile and emails all her friends. Here’s specifically what happens: The employee gives you a verbal commitment, an email accept or in some cases even a signed offer letter. In fact, it’s worse than that.

Press 341

Press Startup Email Sales 341

Berkonomics

MAY 17, 2011

“Never handle a paper twice” may be extended to include reading and acting upon emails, messages, and any written distraction. . By trying my best to adhere to the “never twice” rule, I quickly delete most copy-all emails not addressed to me, and all junk, but handle each personally addressed email as it opens in the reading pane. .

Email 189

Email Summary Tips Research 189

Berkonomics

FEBRUARY 20, 2014

My experience personally reviewing over three hundred executive summaries each year, all sent to me unsolicited, seems to bear out the truth in Tyson’s statement. Email readers, continue here.] “Everybody’s got a plan – until they are punched in the face,” stated boxer Mike Tyson. Anyone can build a good – or great – plan.

Startup 245

Startup Summary Metrics Class 245

Berkonomics

MAY 11, 2017

As a professional investor in early stage companies, I have long discounted long, detailed business plans in favor of a concise “executive summary” followed by a believable spreadsheet-based financial forecast projecting three to five years into the future. It’s time to speak of some sort of business plan.

Summary 243

Summary Resource Writing Email 243

Berkonomics

APRIL 24, 2014

Often I see executive summaries from entrepreneurs who have never managed any form of business, or even managed employees in their past life, and who don’t know the first thing about business formation and managing for growth. I used to tell them to find a partner with knowledge in business creation and management.

Coach 250

Coach Seed Funding Summary Incubator 250

Both Sides of the Table

SEPTEMBER 17, 2011

I usually judge people’s reactions not by the comments section of my post (where people are a little bit more polite so you get selective bias) but by the private emails I get. In summary, tons of early-stage M&A is driven by only one thing: CEO ego. Naturally some didn’t. “I need somebody to run operations.&#

Startup 292

Startup CTO Hire Sales Email 292

Both Sides of the Table

MARCH 19, 2014

The day after your board meeting I would recommend you send out an email with a summary of your understanding of the key decisions reached so that it is memorialized. I would have the legal board minutes sent out within a week of the board meeting and ask for unanimous approval via email immediately. Ratify early.

Startup 325

Startup Summary Email Ideas 325

Both Sides of the Table

SEPTEMBER 12, 2010

I recently got an email from a friend who had been approached by a well known VC. He sent me an email asking whether the approach was real and whether he should take it seriously. Here is the email he received (reprinted without names with his permission). Why do VCs send generic outbound emails like this?

Venture Capital 294

Venture Capital Entrepreneur Email Equity 294

Both Sides of the Table

OCTOBER 13, 2011

Here’s my advice: A got an email from a young, super bright entrepreneur today. He responded by emailing the COO and asking him to lunch. I get emails all the time from people asking me on a first date and saying, “how about if I buy you dinner.” In summary: By all means “lunch.” Not so much.

Venture Capital 397

Venture Capital Startup Email Networking 397

Both Sides of the Table

DECEMBER 7, 2009

But so that you finish reading my post first I’ll give you the summary version – when approaching somebody at a show be polite / respectful of time, try to be introduced if possible and never assume the person remembers who you are. Then I get people sending me Twitter comments, blog comments and tons & tons of email intros.

Startup 322

Startup Conference Email Venture Capital 322

socalTECH

JANUARY 17, 2012

The firm claimed the granting of a motion for summary judgement in the US Federal Court in California will help it in its effort to convince the courts to prevent these companies from operating the services that infringe RPost patents. RPost had sued the firms in 2011. RPost claims it has 35 patents covering electronic signatures.

Patents 154

Patents Summary Email Los Angeles 154

Both Sides of the Table

SEPTEMBER 20, 2009

So don’t expect an unprompted email or phone call next week. I guess they assume that since I didn’t email or call I must not be interested. Start with a very short thank you email the day after your pitch. Start with a very short thank you email the day after your pitch. Maybe it shouldn’t be?

Venture Capital 277

Venture Capital Startup Email News 277

Both Sides of the Table

JUNE 23, 2013

It’s true that some solutions are really hard to quantify and the most obvious example people point to is email. You can’t quantify the value of email yet everybody needs it!”. I know many modern software companies that are abandoning email in favor of more open systems as a way of reducing bureaucracy. Maybe they don’t?

Sales 328

Sales Customer Custom Examples 328

Berkonomics

JANUARY 14, 2021

And in all cases, simply sending in an executive summary of the business plan via email or filling in an application for funding on a website lowers the chance of success to near nil. I receive three hundred unsolicited executive summaries a year, and my investment group, Tech Coast Angeles, sees over one thousand.

Technical Review 156

Technical Review Tech Coast Angels Summary Email 156

Both Sides of the Table

APRIL 13, 2011

Or, as always, summary notes available below. The value of Pitch Decks; Brad’s personal preferences on deal presentation; and Brad’s practice of accepting cold approaches via email. But, in fact, I would rather have an executive summary than a pitch deck. Very few people can do a good job with a presentation that is emailable.”.

Venture Capital 288

Venture Capital Startup Technical Review Software Review 288

Startup Professionals Musings

FEBRUARY 11, 2010

Modern investors love to first read a two-page summary of your business plan, formatted like a glossy marketing collateral sheet, with text well laid out in columns and sidebars, and a couple of relevant graphics. You may have already found several articles, web pages, or books about writing the perfect executive summary.

Summary 55

Summary Writing Competition Metrics 55

TechEmpower

NOVEMBER 13, 2023

During signup, the professional is prompted to enter their profile into a form, with an upload box for a resume, fields for awards, skills and certifications, and then a textbox - 500 characters max - for their professional summary. Customer support emails require both accurate information and a professional, helpful tone.

Generative AI 297

Generative AI Artificial Inteligence TechEmpower Tips 297

Berkonomics

FEBRUARY 10, 2012

Email readers, continue here.] And great management is able to morph a company to adopt without destroying the culture of the company in the process. What if you were the investor and someone walked into your office handing you a business plan executive summary that floored you with its brilliance?

Venture Capital 240

Venture Capital Summary Entrepreneur Incubator 240

Both Sides of the Table

SEPTEMBER 18, 2014

As VCs we’re inundated with emails from founders, friends, colleagues, angels, seed investors, VCs, law firms, venture banks, corporates and so forth with their favorite deals. What I’m saying is that you can’t spend all of your time in email working your inbox. Summary: You don’t need to see every deal.

Startup 317

Startup Technical Review Venture Capital Email 317

Both Sides of the Table

AUGUST 23, 2012

Here’s the summary and on YouTube the links to skip right to these moments is below the actual video. 30:30 Are you investing in email? You have the luxury of either watching the whole episode with Andrew Siegel (or listing on podcast at the gym! download from iTunes for free) or just skipping to the bits you like. Watch: [link].

Media 285

Media Company Companies Venture Capital 285

TechCrunch LA

MAY 11, 2018

Indeed, emails from suppliers seen by TechCrunch confirm that one of the suppliers mentioned in the Bird release still intends to fulfill planned orders from a direct Bird competitor. In summary, it seems like Xiaomi and Ninebot are screwing someone over. had signed initially signed (and then revised) with its large Chinese suppliers.

Santa Monica 228

Santa Monica San Diego Summary Los Angeles 228

Both Sides of the Table

APRIL 23, 2011

I took the opportunity this past week to publish summary notes of some of the VCs and entrepreneurs I had interviewed on This Week in VC. TWIVC Summary – Richard de Silva. Richard’s email address is public but it is hard to manage all the inbound cold emails. I’m now back & ready for action. Thank you. (if

Capital 265

Capital Venture Capital Veoh Startup 265

Both Sides of the Table

MARCH 8, 2010

Since it’s already written (and since I promised not to republish on my blog other than a summary) if you’re interested please have a read over there. Summary notes and then I’ll extend: Should you blog? The obvious starting point is to email a few friends and let them know you have a new blog.

Blogging 286

Blogging Startup Writing Summary 286

Berkonomics

FEBRUARY 24, 2012

I cannot tell you how many times I have seen executive summaries of business plans in which the entrepreneur seeks $5,000,000 to build the business. Email readers, continue here.] Entrepreneurs have a vision for what and how to create and build a great business.

Resource 180

Resource Invest Summary Startup 180

InfoChachkie

SEPTEMBER 19, 2012

Along with bringing in a hall of fame cast of serial entrepreneur speakers, Professor Greathouse assigned his students weekly projects where his students would create their own venture and produce an executive summary. Be sure to sign up as a Beta Tester of their innovative home automation solution here. . Share and Enjoy.

Class 231

Class Startup Santa Barbara RSS 231

Both Sides of the Table

JANUARY 17, 2011

EXECUTIVE SUMMARY: This is a long post, so I put an executive summary here if you want to get the point without reading all the detail. If you plan to read the post you can skip the summary if you want. close email) so I can stay focused. Just 12 bullet points & you’re done.

Writing 356

Writing Startup Ideas Summary 356

Both Sides of the Table

MARCH 6, 2011

If I’m not mistaken, I may have been the first person to send out an angel “personal intro&# email on AngelList through their new platform when it launched or at least I was one of the first few. But before I sent it I had made 10 private phone calls, sent emails & built support. It worked like a charm.

Startup 292

Startup Venture Capital Blogging Summary 292

Both Sides of the Table

MAY 14, 2018

I know that you can use an email system with this to track my open rate, whether I forwarded the email, the IP address where I read it, whether I was on a mobile device or a wired computer and you can tell who else read the document. I would likely open up your deck, read it again and begin contemplating your company again.

Funding 239

Funding Venture Capital IP Email 239

Berkonomics

JULY 6, 2017

Email readers, continue here…] Four and five star hotels loved the concept, which included redirecting outgoing calls from the cell phone by the guest to be sent through the hotel’s land line switch, making the hotel a miniature phone company with its attendant profits. These systems were not cheap as you might guess.

Competition 266

Competition Research Summary Pricing 266

Both Sides of the Table

APRIL 20, 2011

I think you'll enjoy hearing him, but if you're in a rush check out the summary notes below. It is possible to submit a plan through email but it is not the best approach. Highlights/Lowlights – summary of key events since the last meeting. Howard is successful enough that he doesn't need to work. How to run a board meeting?

Capital 284

Capital Venture Capital Technical Review Startup 284

Both Sides of the Table

NOVEMBER 22, 2014

Increasingly startups want access to our emails. Or Google employees have access to your email? Summary: Has Uber been a bit aggressive in business practices? Remember when Quora started publishing which articles you were reading to others ? Or when Facebook Beacon was publishing what you had purchased to others? Probably a bit.

Press 418

Press Journal Startup Training 418

Both Sides of the Table

AUGUST 19, 2012

The “This Week In” team did a summary (below the YouTube video so you can click to any spot in video and watch just that) and we’re going to build an email list for that if you’re too busy for sight / sound. Anyway, I think you’ll enjoy watching the episode or listening in podcast mode.

Yahoo 268

Yahoo Social Media Startup Media 268

Berkonomics

JUNE 29, 2023

As a professional investor in early-stage companies, I have long discounted long, detailed business plans in favor of a concise “executive summary” followed by a believable spreadsheet-based financial forecast projecting three to five years into the future. It’s time to speak of some sort of business plan.

Summary 156

Summary Resource Writing Email 156

Both Sides of the Table

APRIL 19, 2011

Or read the quick, informative summary below the image! Here’s a summary of our interview. o On 1/11/05 his daughter was born at 8AM, at 6 PM email showing first million dollar rev day for the company and 8 PM term sheet from Experian to buy the company – all on the same day! He told them it was now or never.

Acquisition 304

Acquisition Startup Customer Custom 304

SoCal CTO

MARCH 3, 2011

This overview (executive summary) needs to include: Product and Business What is the product? You will get a response via email to schedule a time to talk. If answers will take more than this time, we will do our best to point you in the right direction. How Does it Work? You need to send us an overview of what you are doing.

CTO Hire 264

CTO Hire Startup Technical Review Development Team Review 264

Berkonomics

FEBRUARY 17, 2010

Fast forward several years to 1996… [Email readers continue here.] Hotels were installing the system; guests were satisfied and the company was growing. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel. There is no competition.”

Marketing 247

Marketing Competition Research Summary 247