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Don’t get hung up on early stage valuation.

Berkonomics

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up pre-money valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. The post Don’t get hung up on early stage valuation.

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Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

In 2004 / 2005 I was starting to get intrigued with user-generated content. One of our principles – and we call them deeply held beliefs – one of them was that we are all going to invest in the same things”… “I think it is useful for the entrepreneur to know what he is encountering because every firm has a different process.

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Managing Social Media With Fetch Plus

YoungUpstarts

Benitez has been involved in social media since 2004, and interestingly enough has met the famous Winklevoss twins, Tyler and Cameron, who are most famous for alleging that Facebook’s Mark Zuckerberg stole their social networking idea from them. The service would use early-stage smart phones and a push system developed by Rhino.

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How and Why To Be an Angel Investor

David Teten

Angel investors are generally former entrepreneurs and/or executives, who invest in privately-held, early-stage companies. approx 2004-09. Relatively untested early-stage ventures are less predictable and more prone to failure than established companies. Q: What is the typical profile of angel investors?

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Never Mind the Valley: Here's Paris

ReadWriteStart

It's now been about three years since I joined the fray as an entrepreneur and tech blogger. While foreign entrepreneurs wait for the Startup Visa to become a reality so they can go launch their startups in the US, France has quietly had a similar program in place for some time. billion online in the first quarter of this year.

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

I thought I’d revisit it and share the story… First, you have to rewind mentally to early 2003. Google is still a private company (their IPO was Aug 2004). conference happened at the end of 2004). You can sometimes attract capital from farther away but typically harder to do at early stage. Read More ».

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Congratulations to Upwork

A Crowded Space

I remember when I made that first flight out to San Francisco from Boston to meet the team in 2004, the company was down to its last $20K in the bank. Realistically for entrepreneurs, no matter how hard you try, you’re going to make hiring mistakes. Since I was young and foolish, that didn’t deter me from joining full time.