206 Articles match "Entrepreneur","Invest","Startup"

The Latest from the Southern California Tech Central Community

Saturday, March 20, 2010
Passion, yes, every entrepreneur has heard by now they must show great enthusiasm for their endeavor, but show me how I can get my money back someday, too. This is so much easier to say to the entrepreneur instead of "you blew it, you're too early". Worst of all, you mean it when you say it even though you know the chances of an entrepreneur re-entering the process is infinitely small, because next time I see you something With a nod to Garage Venture's Guy Kawasaki and his Top Ten Lies of Venture Capitalists , I offer my Top Ten Lies Angels Tell . When I showed a draft
 
Wednesday, March 17, 2010
was recently interviewed for an article that appeared in Fast Company titled, “ Why you should start a business in LA .” 8221;  If you’re interested in the topic it’s worth a read, but I thought I’d elaborate on the topic since it comes up all the time. We have many seasoned entrepreneurs who have built successful companies here and made a lot of money for investors and themselves.  But Los Angeles.  People People either love it our hate it.  All
 
Tuesday, March 16, 2010
Fortunately, we had several alternatives available to us, including: Access the public capital markets via an initial public offering (IPO) Open up a “sales process” and solicit bids from multiple companies Do nothing – continue to run our business “as is” To bolster our negotiating position, we engaged an investment banking firm to explore the IPO market. In 1987, a representative of Michael Jackson approached the modest Sycamore Valley ranch house and knocked on the door. The owner of the ranch was shocked by the visitor’s message.
 

The Best from the Southern California Tech Central Community

I recently read a post over on VentureHacks titled, “ Top Ten Reasons Entrepreneurs Hate Lawyers ” written by Scott Walker (who blogs on legal issues for entrepreneurs ).  If you’re a startup and you don’t have a close relationship with a few law firms you’re really missing one of the most important relationships that any entrepreneur can have. I know that people have an allergy to lawyers out of fear of being screwed.  Much of this is unfounded – some is not. 
Francisco Dao came up with the idea of letting 10 companies that weren’t selected for Twiistup to do a presentation the night before to a group of people and let the audience pick one company to win the final slot at Twiistup.  I I’ll put up the video when they post it on their website. Many of them have their iPhones and laptops Most people suck at presenting to big groups.  It’s It’s a shame because the ability to nail these presentations at key conferences can be once-in-a-lifetime opportunities to influence journalists, business partners, potential
This is part of my ongoing posts on  Startup Advice .  There are people who tell startups that they should hire the most senior people that they can find.  Please don’t also confuse this with whether a VC should invest in a CEO who’s done it before – that’s a given. It is tempting because you not only see that they were Only Hire A+ People Who Punch Above Their Weight Class I’m not one of those. 
This is part of my new series on what makes an entrepreneur successful .  I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. wanted to also post the series here to have it as a resource on my blog for future entrepreneurs who stop by.  One of the questions I’m most often asked as a VC is If you haven’t spent time over there you should. I
I started with a “top 11″ list – only because I couldn’t fit them into a top 10.  But But in the end I ended up with 12.  So But there are a lot of things that become norms in the VC industry that always drove me crazy from entrepreneur’s side of the table.  They Translation This is part of my series on Entrepreneurial DNA that was originally published on VentureHacks .  I I know this series has been running for a while (and is getting long in the tooth) – I promise it’s nearly over.  I
This is part of my new series on what makes an entrepreneur successful .  I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. started the series talking about what I consider the most important attribute: Tenacity . Street Smarts - OK, so you’re a tenacious person – you never If you haven’t spent time over there you should. I
If you don’t already read Chris’s blog you should – it’s very well written, often takes a strong POV and speaks from an entrepreneur’s perspective but with a huge knowledge of the technology investors as well.  He Quite honestly I see way too many company pitches that are designed for Techies but I only want to invest in products designed for Normals.  Here’s Chris Dixon wrote a blog post last week titled, “ Techies and Normals ” in which he defined “Techies” as people who are not just “early adopters” but also have more of a geeky, technical, product bent.  Normals
This is part of my ongoing series Startup Advice .  Many startup companies hire advisory boards.  It’s mostly done by first-time entrepreneurs who want to persuade (bribe?) If you plan to set one up – no problem.  It’s very tempting.  prominent industry luminaries to be closely associated with the company. 
This is part of my new series on  what makes an entrepreneur successful .  I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. started the series talking about what I consider the most important attribute of an entrepreneur :  Tenacity .  I Watch this awesome 46 second video from Rocky .  If you haven’t spent time over there you should. I
This is part of my new series on  what makes an entrepreneur successful .  I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. started the series talking about what I consider the most important attribute:  Tenacity .  I Ability to Pivot – I don’t like to invest in people that I’ve If you haven’t spent time over there you should. I