Gust

OCTOBER 18, 2011

This is the first of a six part series on different methods used by angel investors to arrive at pre-money startup valuations. It is one of the most useful methods for establishing the pre-money valuation of pre-revenue startup ventures. Then: Post-money Valuation = Terminal Value ÷ Anticipated ROI.

Valuation 174

Valuation Pre-Money Valuation Southern California Post-Money Valuation 174

Gust

NOVEMBER 2, 2011

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. Dave Berkus is a founding member of the Tech Coast Angels in Southern California, a lecturer and educator. Add to Pre-money Valuation.

Valuation 79

Valuation Pre-Money Valuation Intellectual Property Southern California 79

Scalable Startup

APRIL 6, 2015

By most measures, we are in crazy times right now in the tech startup world. A $1 billion valuation used to be a big deal for a web based company that wasn’t one of the top few. I remember being asked in a startup panel I was on by the moderator “What do you think of the Series A crunch?”

Angel Investor 20

Angel Investor Technical Review Southern California Startup 20

Lightspeed Venture Partners

DECEMBER 10, 2012

Revenue is driven by children’s parties, which cost $600-$4,000 for a two hour party for 15 kids, which apparently is the market price for kids parties in LA. The space can host 6-9 parties per weekend, and they generated $350,000 in revenue last year. Almost all of the sharks got indignant about valuation. Fat Ass Fudge.

Covenant 162

Covenant Warrant Southern California Los Angeles 162

Scalable Startup

JULY 19, 2011

Great PR and finance firms, but not many startups. There’s a magic and complex dynamic to the combination of things that make California so different. I’ve rooted for other places to approach California’s ecosystem, but I know they’ll never come close. That has all changed. tomnora @cowlow.

California 20

California Southern California San Francisco Silicon Valley 20

Both Sides of the Table

FEBRUARY 13, 2011

The venture capital industry is so heavily skewed to Northern California, which the remains spilled over Boston, New York & Southern California. We will invest pre-revenue and even pre-product if we have discovered the right team in the right kind of market. The Startup Visa movement. The Case Foundation. -

Cofounder 277

Cofounder Merger Founder Venture Capital 277

techcrunch.com

FEBRUARY 19, 2010

According to VCs, there’s been a 65% decrease in up-rounds (where a company gets a bigger valuation) in the last six months and more than 60% of those polled expect a longer wait for an exit. Similarly, the bulk of the companies getting funding are still California-based. There does seem to be some shifts on where the money is going.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62