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Tale of Two Valleys: LA and the Bay Area from an Investor’s Perspective

Mucker Lab

Over time, though, military spending wound down and many large aerospace and military companies left Southern California. For the last couple of years, I’ve been investing in startups as a partner at Mucker, while spending a lot of time in the Valley working with potential co-investors and partners.

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How to Work with Lawyers at a Startup

Both Sides of the Table

They want to lock in future clients at an early stage. For a very small fee they can get your Delaware C corp registration, make sure that you have IP protection and ensure you didn’t make an early bumbling mistakes that you’ll pay for dearly in the next 7-10 years of hard work. I also like to work with partners.

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How to Develop Your Fund Raising Strategy

Both Sides of the Table

And I also now have to raise money myself, but this time from bigger institutions that our industry calls LPs (limited partners). As with any sales campaign you need to: Qualify your buyers early so you focus your scarce resources on people likely to buy your product. Partners make investment decisions. Meet early.

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Some Thoughts on Branding Startups and Communities

Both Sides of the Table

So many had names of partners (Kleiner Perkins) or local favorite identifiers like trees (Sequoia). You could argue that choosing the name “first round” paints them into a corner in case they want to ever do a late stage fund, but I suspect they named it FRC precisely because they wanted to excel at early-stage investing.

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