Startup Professionals Musings

NOVEMBER 7, 2021

But people are still begging for more technology or laws, often to protect them from themselves. Most of these are easy to avoid if you do your homework up front, but can cost you dearly if you get sucked in. No real investor or venture capital firm asks for money from the company they are intending to invest in.

Technical Review 148

Technical Review Tips Funding Startup 148

Both Sides of the Table

NOVEMBER 14, 2010

When the masses start all running one way without questioning “why?&# – and when it defies any logic I can figure out in my head – I call bullshit. They have marked-up paper gains propped up by an over excited venture capital market that has validated their investments. “ Question Authority.&#.

Invest 299

Invest Angel Technical Review Venture Capital 299

Both Sides of the Table

JULY 1, 2010

We all like to think of startups as “non hierarchic&# organizations and to some extent that should be true. I see two common mistakes in companies (not just in startups, in fact). You’ll get sales information from your VP of Sales, marketing information from your VP Marketing, tech information from your CTO and so on.

Startup 308

Startup CTO Coach Technical Review CTO Hire 308

Both Sides of the Table

NOVEMBER 5, 2014

The press around the raise & company was fantastic and the promise of their technology – wireless charging that works as easily as WiFi – would positively affect many of our lives. uBeam’s tech does work and I have safely seen it demo’d in the real life many times. It can be one of the strongest motivators.

Technical Review 417

Technical Review Startup Software Review Course 417

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. One of them is profitability.

Startup 418

Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

OCTOBER 30, 2014

As I’ve written about recently, at Upfront Ventures we started talking a couple of years ago about wanting to fund stuff with more meaning. The practical uses for uBeam technology is limitless. Did anybody hold patents that would prevent us from using this technology? We hired IP specialists to review prior art.

Technical Review 418

Technical Review Software Review CTO Hire IP 418

Both Sides of the Table

SEPTEMBER 22, 2012

I think I’ve read Paul Graham’s post on “ Startup = Growth ” three or four times now. “The growth of a successful startup usually has three phases: There’s an initial period of slow or no growth while the startup tries to figure out what it’s doing. I talked about some of that here.

Startup 390

Startup Venture Capital Entrepreneur Technical Review 390

Both Sides of the Table

SEPTEMBER 15, 2022

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Even then private market investors can paper over valuation changes by investing at the same price but with more structure so it’s hard to understand the “headline valuation.”

Venture Capital 416

Venture Capital Marketing Technical Review Seed Funding 416

Startup Professionals Musings

JANUARY 24, 2021

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal.

Technical Review 151

Technical Review Startup Satisfaction Invest 151

Both Sides of the Table

JUNE 4, 2013

Put simply – you need enough users in a segment who care about what you’re doing to dictate investing further in the product or in sales & marketing resources. Shallow and superficial and racing from segment to segment in search of some take up has never been a strong strategic plan for me. LEAN STARTUP MOVEMENT.

Startup 401

Startup Customer Custom Technical Review 401

socalTECH

MAY 21, 2013

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP -- staffed with a surprising number of Los Angeles startup vets. What''s your background and how did you end up at YP? Our whole product and technology team is about 500 people. Talk about the technology behind your operations here?

Technical Review 223

Technical Review Glendale Advertising Google 223

Both Sides of the Table

MARCH 19, 2013

The era of VCs investing in successful consumer Internet startups such as eBay led to a belief system that seemed to permeate many enterprise software startups that hiring sales or implementation people was a bad thing. If you’re an early-stage enterprise startup services revenue is exactly what you need.

Startup 403

Startup Sales Software Review Technical Review 403

Both Sides of the Table

MAY 1, 2014

It’s the company that evokes fear into more startups and venture capitalists looking to fund eCommerce businesses than any other potential competitor. He would pick up stuff from your apartment and bring it to storage for you and he could save money by having that facility be off site. And could we then compete?”

Technical Review 380

Technical Review Software Review CTO Hire Startup 380

Both Sides of the Table

JULY 23, 2014

Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. Limited Partners or LPs (the people who invest into VC funds) have taken notice as 2014 is by all accounts the busiest year for LPs since the Great Recession began. and break it into smaller sizes) often sell “access.”

Venture Capital 398

Venture Capital Technical Review Startup Seed Funding 398

Both Sides of the Table

DECEMBER 16, 2014

The speaks to the continued confidence in the venture capital markets and as I had predicted some time ago the VC markets right now are a great place to invest – especially relative to other places to put one’s money. Our last fund we raised was in 2012 and we began investing it in April of 2012. But that’s it.

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

socalTECH

MAY 21, 2013

One of the largest concentrations of technical talent in Los Angeles is in Glendale, at YP (www.yp.com) -- staffed with a surprising number of Los Angeles startup vets. What''s your background and how did you end up at YP.com? Our whole product and technology team is about 500 people. Louis and Atlanta.

Technical Review 211

Technical Review Glendale Advertising Google 211

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. So the people who invest in VC funds have two problems.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Both Sides of the Table

MAY 24, 2018

VC Partnerships Start by understanding how many partners are at the firm you are approaching. Some firms are trickier since they artificially call everybody “partner” but they’re not all “investment partners.” Find a portfolio company or two that they’ve invested in. It’s super easy to suss all this out.

Venture Capital 314

Venture Capital Technical Review Invest Slides 314

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. This article originally appeared on TechCrunch. I acknowledged this in the article.

Startup 336

Startup Pricing Technical Review Marketing 336

Both Sides of the Table

SEPTEMBER 28, 2014

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. Let’s set up a framework. Gross Burn vs. Net Burn.

Startup 383

Startup Company Companies .Net 383

Both Sides of the Table

MAY 26, 2011

At the big consulting firms, investment banks and established large technology companies we’re taught to produce long reports, make sure that every document is perfect quality and that every possible bit of diligence has been done. That doesn’t work in a startup. Only half of this adage is accurate for startups.

Startup 335

Startup Technical Review Framework Entrepreneur 335

Both Sides of the Table

APRIL 4, 2011

It’s a very important concept for me because in a startup you are constantly under pressure and have way too many distractions. Commitment & urgency are key drivers of success in startup businesses. I was recently talking with a startup company who wanted me to try their product. You already know it from your personal lives.

Metrics 346

Metrics Startup SEO Customer 346

InfoChachkie

FEBRUARY 4, 2013

Whenever a VC assesses a potential investment opportunity, they attempt to match the entrepreneur(s), their solution, and intended markets with a pattern they have previously encountered. The above criteria obviously do not represent all of the factors investors consider when evaluating a venture investment. Hairy Pattern Matching.

Technical Review 244

Technical Review Startup Venture Capital RSS 244

Both Sides of the Table

SEPTEMBER 15, 2014

If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. This was certainly the case when I invested in a small YouTube video production company called Maker Studios that recently sold to Disney for just shy of $1 billion.

Funding 362

Funding Technical Review Ideas Startup 362

Both Sides of the Table

MARCH 30, 2011

I’m a very big proponent of the “lean startup movement&# as espoused by Steve Blank & Eric Ries. It’s the whole basis of my investment philosophy, which I call “ The Entrepreneur Thesis.&#. “If my competitors have raised $40 million then I need to in order to keep up.&# You have a hunch.

Development Team Review 374

Development Team Review Technical Review Startup Resource 374

Startup Professionals Musings

FEBRUARY 10, 2023

Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Personally visit another startup funded by this investor. It’s no fun for either side.

Technical Review 138

Technical Review Startup Innocal Offshore 138

Both Sides of the Table

JANUARY 16, 2013

It’s the first EIR that we’ve had in the years that I’ve been with the firm and I hope will be the start of our investment in this program. We’re excited to continue to grow our investment professional staff and will continue to do so over the course of 2013 & 2014 with our new fund.

Startup 372

Startup Course Ideas Invest 372

Both Sides of the Table

JULY 12, 2011

Chris Dixon is one of my favorite people in tech and writes one of the few blogs I read religiously. If you don’t read it and you care about tech & entrepreneurship, you should. If you like the quick summary notes, please check out Adam’s blog on tech, entrepreneurship & VC as a thank you.

Technical Review 281

Technical Review Venture Capital Startup Artificial Inteligence 281

Both Sides of the Table

NOVEMBER 14, 2017

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Innovate In the early years of a startup there is a lot of kinetic energy of enthusiastic innovators looking to launch a product that changes how an industry works.

Startup 286

Startup Technical Review Customer Custom 286

Both Sides of the Table

DECEMBER 7, 2014

I spend a lot of time with startups and thus hear many companies talk about their approach to sales and their interactions with customers. Starting with a positive. I had dinner this week with a top new customer at one of our enterprise software investments. If they want to invest that’s great. ” I cringed.

Customer 341

Customer Custom Venture Capital Software Review 341

SoCal CTO

JULY 23, 2012

I received a great question via LinkedIn: I'm the founding engineer and working hard to launch my startup. What can I do to best equip myself to step up when the need to officially fill this role arises? I've previously addressed the role of a CTO in early-stages in my post Startup CTO or Developer. How can we address this risk?

CTO Coach 231

CTO Coach CTO Hire Outsource Development Develop 231

Both Sides of the Table

SEPTEMBER 18, 2014

The frantic pace of technology cycles, the amount of tech news, the blogs, the conferences, the demo days, the announcements, the fundings, the IPOs. For years I saw myself as the new guy in VC but then you wake up one day and realize that 50% of your peers have been doing it for less time than you and time has moved on.

Startup 317

Startup Technical Review Venture Capital Email 317

Startup Professionals Musings

OCTOBER 6, 2023

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Both Sides of the Table

APRIL 13, 2011

Huge thank you to Steve De Long for the write up. How did you start blogging? “My In 2004 / 2005 I was starting to get intrigued with user-generated content. was starting. You still need the presentation to back that up. Or, as always, summary notes available below. Brad on blogging.

Venture Capital 288

Venture Capital Startup Technical Review Software Review 288

TechCrunch LA

APRIL 24, 2020

Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations alike. However, he did confirm to TechCrunch that he had to reduce staff due to the COVID-19 pandemic. The company’s No.

Startup 251

Startup Technical Review Outsource Development Platform 251

Startup Professionals Musings

APRIL 18, 2021

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves.

Technical Review 152

Technical Review Startup Satisfaction Summary 152

TechCrunch LA

MAY 20, 2021

One startup that aims to help make the process simpler, cheaper and less stressful by helping people manage the home renovation process has raised $6 million to help it grow even faster. Construction tech startups are poised to shake up a $1.3-trillion-dollar trillion-dollar industry.

Technical Review 185

Technical Review Startup Venture Capital Software Review 185