Once you have a VC on the hook, you’ll want to negotiate the best deal in terms of valuation and deal terms. Once you’ve reached an agreement, you’re done…or not!
Far from the end, receiving funding is actually just the beginning of a whole new stage for you and for your company —a stage full of financial statements, board meetings with VCs and more. A lot is about to change…
Finance
Not just a new film, “The Cosmonaut” is a labor of love four years in the making, crowdsourced and created with a plan to test the boundaries of transmedia content distribution worldwide. The project was started by a group of young Spanish digerati called Riot Cinema Collective. Using the power of the Internet’s connected tools they are proposing a new film model from financing, distribution, production and user participation by fostering a hardcore community under a Share-alike Creative Commons license.
There is a plethora of tech innovation going on in Los Angeles right now, and not only in Silicon Beach — but all over from downtown to the valleys to everywhere in between. New entrepreneurs are setting up shop and the city is encouraging tech development with exciting initiatives. Keeping track of all the new companies, funding, networking and events going on across town is challenging.
A traffic jam of expensive cars lined up to pull into the packed parking lot of MuckerLab for its second graduating class demo day. The large gathering of top investors spilled out of the office into the surrounding sidewalk and swelled with buzz and speculation of what the 10 newly formed companies had to offer. Some flew in from overseas, different states and from Silicon Valley to attend.
It’s the most wonderful time of the year for businesses. Why? Because you get to work on your 2013 annual budget. What – that doesn’t put you in a holiday mood?!
Okay, maybe financial planning isn’t as much fun as drinking egg nog, but, for entrepreneurs, it’s an essential practice that will yield far greater rewards.
LA based CapLinked, a cloud-based business transaction platform yesterday raised $1.6 million in a new round of financing from Peter Thiel, FF Angel, Siemer Ventures, 500 Startups, Andrej Henkler (former Bertelsmann executive), and Alexsis de Raadt-St. James (chairman of the Althea Foundation) and appointed Adam Sroka as Senior Vice President of Technology in a move to make business transactions simple and secure.