Both Sides of the Table

JANUARY 16, 2013

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. It made me realize that we’ve never properly introduced our associates: Graham Gelwicks. Jordan Hudson. Kevin Zhang. So what is an EIR and why Sam?

San Francisco 372

San Francisco Jordan Angel Investor Partner 372

Both Sides of the Table

JANUARY 6, 2014

We also sat down and talked about what the big challenges for 2013-2016 would be for the company and we are in the fortunate position of our major issue being how to handle growth. This brought insider knowledge and perspective that frankly John & I lacked.

Technical Review 325

Technical Review Early Stage Software Review Los Angeles 325

Both Sides of the Table

SEPTEMBER 17, 2013

I know it should go without saying that in 2013 you should be thinking about building a global business. For example, if you get a Facebook Connect integration you not only get the ability for your viewers to socially share video but you also get access to their email address, demographic data and social graph. Build a Global Business.

Video 339

Video Technical Review Distribution Aggregator 339

Both Sides of the Table

SEPTEMBER 10, 2021

In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” How little we all knew how ironic that term would become but has nonetheless endured. Ten years on much has changed.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Both Sides of the Table

OCTOBER 8, 2014

billion 2013 figure) have been massive financings at Honest Company ($70mm), JustFab ($85mm), ZipRecruiter ($63mm) and lord only knows how much SnapChat has actually accumulated. Over the past 4 years LA’s tech fundings have growing at a 30% compounded annual growth rate (CAGR) which is > 4 times the US average VC CAGR (7%).

Los Angeles 376

Los Angeles Silicon Valley Entrepreneur Seattle 376

Both Sides of the Table

FEBRUARY 12, 2015

I was at the All Things D (now Recode) conference in May 2013 when Shervin got on a microphone and asked Elon Musk to reveal his plans publicly. Mark Suster (@msuster) May 30, 2013. .” Shervin has done much since then including founding his own fund, Sherpa Ventures. People used to compare Jack Dorsey to Steve Jobs.

Las Vegas 150

Las Vegas Los Angeles Ireland Term Sheet 150

Both Sides of the Table

MAY 25, 2013

In 2013 it is expected to be around $35 billion. Compare the state of play in 2013 versus 15 years ago. 2013 = $25 billion of which Apples stage is more than $8 billion at > 90% gross margin. By 2009 had reduced to around $15 billion in capital from LPs. 33% of the world is on the Internet on average of 3.1 hours / day.

LP 374

LP Later Stage IRR Term Sheet 374

Both Sides of the Table

MARCH 9, 2013

It’s 2013 and I’m supposed to believe in the “wisdom of the crowds.” She far too opinionated. Tempestuous.” ” F**k ‘em. Don’t feed the trolls. Know that you signed up for this and it is why you are a leader. I know, I know. ” We’re supposed to all allow side projects.

Burn Rate 413

Burn Rate Cofounder Dilution Valuation 413

Both Sides of the Table

AUGUST 29, 2013

My kids are growing up in Los Angeles in 2013. We actually didn’t plan to – she sort of adopted us and we her. She is Filipina and my younger son grew up with Tagalog words and Chicken Adobo as his favorite dish.

Italy 391

Italy California Mexico Los Angeles 391

Both Sides of the Table

JANUARY 30, 2013

Somebody commented that in 2013 I have done a lot more personal posts than usual. I didn’t set out that way. It just happened. Lots of tragedies in the past couple of months. Aaron Schwartz. Sandy Hook. Now Jody Sherman.

Warrant 400

Warrant Global Community Programming 400

Both Sides of the Table

JUNE 9, 2013

Final le web london (june 2013) from Mark Suster. And it was convenient for me because we also held our annual London board meeting of DataSift , who helps companies processes and analyze large volumes of social plus enterprise data in realtime.

Syria 361

Syria Marketing Libya Los Angeles 361

Both Sides of the Table

JANUARY 13, 2013

And I wish you a happy, optimistic, fulfilled and mostly a healthy 2013. Our plans have been underway for much of 2012 (one of the things that greatly weighed upon me) and now I see light at the end of the tunnel. I can’t wait to share them all with you in the months ahead. It’s January. Who of course made me go in the water also.

Los Angeles 313

Los Angeles Maryland Programming Conversion 313

Both Sides of the Table

SEPTEMBER 15, 2013

For much of 2013 I watched the press write articles about how the YouTube “MCNs” (multi-channel networks) were doomed and tried to square that with the data I was watching at the one I invested in, Maker Studios, who has had one hell of a year.

Networking 366

Networking Media Distribution Video 366

Both Sides of the Table

MAY 14, 2015

In November of 2013 Aileen Lee of Cowboy Ventures coined the term “ Unicorn Club ” as it relates to billion-dollar startup companies. Yet in every great farce there is a lesson to be learned. And here is one take away from this current behavior that you take to the bank … The Power of the Narrative.

Valuation 150

Valuation Silicon Valley Non-Compete Software 150

Both Sides of the Table

JANUARY 19, 2015

I know that some people will point out that widely read presentation on YouTube on Sept 2013 criticizes YouTube for its revenue split. YouTube as a platform in which to build your entire business is naive. Plan your business wisely. *. post-script. I think that is one of the most misunderstood points I’ve ever made.

SEM 150

SEM Los Angeles Silicon Valley Acquisition 150

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NOVEMBER 20, 2012

I had one of the biggest mental breakthroughs about what I want to do differently at GRP Partners in 2013. I was at the Lobby Conference a few weeks ago in Mexico. My wife and I went down 3 days early and had some chill out time. I don’t want to be on autopilot.

Los Angeles 400

Los Angeles Venture Capital San Francisco Philadelphia 400

Both Sides of the Table

JANUARY 26, 2013

But in 2013 it can also simply be, “Company X raises $2.2 Young kids are starting to use this product in a way older people never did; or. Head of AMEX’s credit card division leaves high-profile position to join a startup. ” Why? Because there is now an entire industry devoted to “the funding angle.”

Startup 355

Startup PR Dividend Merger 355

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DECEMBER 14, 2014

Throughout 2012 & 2013 we funded many companies and then pulled together a second fund. While many people were involved with helping Launchpad over the years – it was really a partnership between the 5 of us: Sam, Adam, Jim, Peter and me – for a couple of years. But by 2014 much had started to change.

Early Stage 290

Early Stage Venture Capital Los Angeles Coder 290

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MARCH 6, 2017

This matters even more in city races where just 400,000 citizens turned out to vote in the 2013 mayoral election and 20,000 votes could have switched the mayoral outcome. Mayor Garcetti is up for reelection tomorrow, March 7th 2017. I urge every Angelino to turn out and vote and do your civic duty.

IPO 191

IPO Los Angeles South Korea Armenia 191

Both Sides of the Table

FEBRUARY 18, 2013

For those who still don’t know the origins, the Harlem Shake started as a small skit from a YouTuber named Filthy Frank (10 million views as of this writing) on January 30, 2013. million views).

Video 380

Video Audience Global Distribution 380

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APRIL 25, 2011

So assume that in 2012 the company would do $20 million in sales and $2 million in profits (10%) and 2013 they would do sales of $25 million and $4 million in profit (16% net margin) and then slow growth in 2014 to $30 million and $6 million in profit (20% profit). That is $12 million in profits over 3 years.

Silicon Valley 332

Silicon Valley IP Dividend Finance 332

Both Sides of the Table

SEPTEMBER 5, 2012

So Investor A might have bought 20% of your company in 2012 and in 2013 with no addition money invested suddenly owns 40% of your company. You rarely find full ratchets in early-stage deals any more.

Ratchet 354

Ratchet Liquidation Preference Equity Stock 354

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JUNE 8, 2014

One measure of CincyTech’s overall impact is that in 2013, its portfolio companies represent 80% of total seed and early stage capital invested in Southwest Ohio. We started investing the fund in April 2012 and by early 2013 had closed our fund to new investors.

Silicon Valley 390

Silicon Valley Kansas City Startup Venture Capital 390

Both Sides of the Table

JULY 10, 2012

Our lease runs out in 2013. In LA the VC shift is clearly to Santa Monica / Venice, home of Rustic Canyon, Greycroft, Anthem and just about every incubator (Amplify, Launchpad, Mucker, Science). GRP’s offices are near Beverly Hills. No prizes for guessing where our new offices will be located. Image courtesy of Philip Bouchard from Flickr.

San Francisco 313

San Francisco Technology Los Angeles Incubator 313

Both Sides of the Table

FEBRUARY 14, 2016

in 2013 and then reverted back to 4x – a little bit below the historical mean. You’ll see here that in 2007 people were willing to pay 7.7x forward revenue for SaaS businesses when in the years before it had been less than 5x. This corrected only to go back up to 13.4x Why do markets adjust so quickly?

Valuation 150

Valuation Down Round Startup Later Stage 150