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Valuations 101: The Dave Berkus Method

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Dave Berkus is a founding member of the Tech Coast Angels in Southern California, a lecturer and educator. Product Rollout or Sales. We recently started a series of posts on establishing the pre-money valuation of pre-revenue startup companies for purposes of investment by seed and startup investors. Quality Management Team.

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Right Entrepreneurs In The Right Place Get Funded

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California (Silicon Valley), New York (NYC), and Massachusetts (Boston) are the places to be in the US for venture capital attention. Asian teams in California raised median funding rounds of $4.4M, significantly higher than the $3M raised by mixed or all-white founding teams. No surprises here. Experience does count.

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Do It Right The First Time, Part II: Visit the Doctor or House Call?

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Take any steps needed to qualify Newco to conduct the business it plans to conduct wherever it’s located (for example, a filing made in California qualifying a Delaware corporation to do business there if the management team is located in San Francisco). Sales contracts accounting for significant revenue. Office and equipment leases.