article thumbnail

The Truth About the Scooter Economy?—?An Insider’s Perspective

Both Sides of the Table

They are no longer remarkable in Santa Monica or Venice or in many cities in America, Europe or South America. This is only true when: 1) there is funding available to finance short-term losses and 2) when there is a lucrative positive unit-economics business when you become the winner. They’re acceptable.

article thumbnail

What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

He was from South America but living in Switzerland and had launched a startup while holding down a day job at a consulting firm (McKinsey if memory serves). VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. Not my problem.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Solving the Innovator’s Dilemma – Customer Development in a Big Company

Steve Blank

We spent two days of analyzing and exploring their customer discovery visits just completed across South America, Africa and Asia. Large companies are just plain organized – with rules, HR, finance and more importantly, are built around process and procedures for execution.

article thumbnail

Why I Doubled Down on YouTube Investments with MiTú

Both Sides of the Table

Yesterday MiTú Networks announced that Upfront Ventures led a $10 million financing in what is now the largest producer of Latino online videos – primarily driven through YouTube. originally raised $3 million in financing from some of the smartest people in the industry including Peter Chernin, Allen DeBevoise and Shari Redstone.

article thumbnail

Finding Flow

YoungUpstarts

South America, Europe, or India and then traveling across the globe to lead another retreat. They come to share their challenges and struggles, whether it’s their aging parents, their health, their finances, or their depression. Suddenly, time wasn’t a problem anymore. It’s work that requires tremendous output.

article thumbnail

Four Qualities Every Angel Investor Looks For When Backing A Startup

YoungUpstarts

Securing adequate financing for any new venture nowadays is an exceptionally difficult proposition, which is why angel investors are considered so valuable to the startup ecosystem. Entrepreneurs must therefore be able to demonstrate that any investment amount going to their company will yield a sizable short and long-term return.

article thumbnail

Three New Types of AngelList Syndicates I Hope to See

Hunter Walker

Lee Jacobs is one example of a Syndicate lead who is sourcing deals from South America. Instead of doing increasing financings every 12-18 months, what if a company took a smaller amount of money, went back to their investors infrequently and got to profitability. Maybe they’d throw off cash dividends for years to come.