Posts tagged investing

Whenever I meet a new startup, I treat it like a rock band. Not only because I believe startups are rock stars, but because I have learned—from my experience as the owner of an indie record label and as an early-stage investor—that there are a lot of similarities between the two.
startupquote:

Always choose your investors based on who you want to work with, be friends with, and get advice from. Never, ever, choose your investors based on valuation.
- Jason Goldberg

OPEN Forum recently wondered, if you could ask an investor one thing, what would it be?
We interviewed serial entrepreneur and investor Rob Adams, who has reviewed thousands of business plans in his career. Here he shares exactly what people look for when funding startups.

startupquote:

Always choose your investors based on who you want to work with, be friends with, and get advice from. Never, ever, choose your investors based on valuation.

- Jason Goldberg

OPEN Forum recently wondered, if you could ask an investor one thing, what would it be?

We interviewed serial entrepreneur and investor Rob Adams, who has reviewed thousands of business plans in his career. Here he shares exactly what people look for when funding startups.

nycedc:

With this news, you’d think Bobby Valentine is now managing New England’s tech scene:

New York’s share of venture capital dollars has doubled over the last ten years while its rival, Silicon Valley, has grown at a much slower pace and New England has sputtered, a new study from the Center for an Urban Future shows.
Between the first quarter of 2003 to the first quarter of this year, the New York area’s share of VC investments surged to 11.4% from 5.3%.
Silicon Valley’s share rose to 31.7% from 28.6% over the same period while New England’s share fell to 10.2% from 14.8%.

Read more in NY Daily News. Go #NYCTech!
Chart: Center for an Urban Future report

Great news for NYC tech entrepreneurs! NYC is the clear leader for where tech start ups need to be on the East Coast to get VC funding.

nycedc:

With this news, you’d think Bobby Valentine is now managing New England’s tech scene:

New York’s share of venture capital dollars has doubled over the last ten years while its rival, Silicon Valley, has grown at a much slower pace and New England has sputtered, a new study from the Center for an Urban Future shows.

Between the first quarter of 2003 to the first quarter of this year, the New York area’s share of VC investments surged to 11.4% from 5.3%.

Silicon Valley’s share rose to 31.7% from 28.6% over the same period while New England’s share fell to 10.2% from 14.8%.

Read more in NY Daily News. Go #NYCTech!

Chart: Center for an Urban Future report

Great news for NYC tech entrepreneurs! NYC is the clear leader for where tech start ups need to be on the East Coast to get VC funding.

So, how does one get an investment for an idea that seems obvious? Very simple: Understand what angel investors and VCs are looking for and give it to them. Investors have pattern recognition, and they are driven by four Fs: fortune, fame, fear and fun.
- Jason Calacanis, Founder of Mahalo.com
Read more on the 4 Surprising Inside Tips for Attracting Investors from Calacanis on OPEN Forum
There are no real “rules” to angel investing. You don’t have to spend a lot of time. You don’t have to mentor. You don’t have to do anything you don’t want to do. You can just write checks. Entrepreneurs LOVE fast decisions from people they respect who let them build great businesses.

moneyisnotimportant:

How to Pay Down Your Debt and Invest at the Same Time

Great video from Ramit Sethi on how the mathematical answer isn’t always right when it comes to finances.

For something like seventeen years, I have been investing in entrepreneurs who have had the freedom to innovate on the Internet. It has been a powerful life lesson for me. These people imagine something, they create it, and they are off and running building a business, hiring employees, generating cash flow. They ask nobody for permission. They don’t need any permits. They don’t need any real estate. All they need is a server (now rented in the cloud from Amazon and others) and a laptop or two and they are good to go.
 
Life is looking pretty fab for flash sales site Fab.com. The New York City startup has closed a $40 million round of funding. The round was led by Andreesseen Horowitz, and included existing investors Menlo Ventures, First Round Capital, Baroda Ventures, SoftTech VC and Ashton Kutcher’s A-Grade Investments.
According to The Wall Street Journal, the company is now valued at $200 million. Not bad for a company that scrapped its old business plan and started from scratch just six months ago.
(via After Massive Pivot, Fab.com Raises $40 Million)

 

Life is looking pretty fab for flash sales site Fab.com. The New York City startup has closed a $40 million round of funding. The round was led by Andreesseen Horowitz, and included existing investors Menlo Ventures, First Round Capital, Baroda Ventures, SoftTech VC and Ashton Kutcher’s A-Grade Investments.

According to The Wall Street Journal, the company is now valued at $200 million. Not bad for a company that scrapped its old business plan and started from scratch just six months ago.

(via After Massive Pivot, Fab.com Raises $40 Million)

It goes without saying, but sometimes you may be tempted to lend advice despite your lack of excitement about the product. Big mistake. When you’re an adviser, you’re an investor (with your time and resources), and you should never invest in something you don’t believe in. You get into trouble when you agree to serve as an adviser despite your reservations.

The 6 Investments You Must Make In Your Business : Money :: American Express OPEN Forum

When it comes to growing your business, you already know you’re going to have to invest—but where should you?