Startups
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.
Being an entrepreneur is scary. Every day we have to make decisions we don’t know are right or wrong and most times we just do our best to trust our gut. Then people like Kevin Winston storm into a city like Superman to save the day and make all our lives just a little bit easier. That’s what Kevin’s conference, Silicon Beach Fest (SBF), did for Los Angeles entrepreneurs.
I was recently listening to a rant from an associate who was perturbed that his team had not won a pitch event the night before. To be more accurate; he was more upset that he was beaten by a concept that he had bested before in similar contests. He could not understand why the judges chose to bestow first place on a concept that was clearly inferior to his.
Often I work with business owners who think their company is in need of a traditional audit. My first question for them is always…why?
In some cases, the high level of assurance of an audit is required and no other substitute will do. Third parties, like investors and lenders, may insist on assurance that the financial statements they are basing their decisions on accurately represent the state of your financial condition.