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The Series A Crunch Survivor's Guide. Can Public Media Organizations Succeed Seeding Silicon Valley Startups? New Fund to Find Out. Matter Ventures CEO Corey Ford and KQED President John Boland Three media nonprofits — Knight Foundation, Public Radio Exchange (PRX), and KQED (you’re on it, bub, no link required) have announced they’re creating a $2.5 million accelerator fund for selected media startups — of the for-profit variety — to tap.

Can Public Media Organizations Succeed Seeding Silicon Valley Startups? New Fund to Find Out

It’s called Matter Ventures, based in San Francisco’s SoMa district. Prospective candidates will be able to apply at the web site, which went live today. KQED and Knight Foundation are kicking in $1.25 million each to fund the initiative over two years, potentially taking an equity stake in businesses that develop within the program. PRX will help run the project. KQED is a San Francisco-based, member-supported public media organization best known for its radio and TV broadcasts.

For A Stranger In Silicon Valley, Success Isn’t Only About Who You Know. Editor’s note: Cherian Thomas is founder and CEO of Cucumbertown, a recipe-publishing platform.

For A Stranger In Silicon Valley, Success Isn’t Only About Who You Know

Follow him on his blog and Twitter. For entrepreneurs, it is now both easier and harder to raise capital: easier because of powerful platforms like AngelList; harder if you’re not part of an accelerator or don’t have a strong network. Silicon Valley has more startups than ever before. Black Swan Farming. September 2012 I've done several types of work over the years but I don't know another as counterintuitive as startup investing.

Black Swan Farming

The two most important things to understand about startup investing, as a business, are (1) that effectively all the returns are concentrated in a few big winners, and (2) that the best ideas look initially like bad ideas. The first rule I knew intellectually, but didn't really grasp till it happened to us. What Raising Money Means To Me. What follows is based on my own personal experiences, views and opinions about the world of startup financing.

What Raising Money Means To Me

I’m sharing today because I believe in the educational value of other people’s failures. Here are mine. An Introduction I started mophie over seven years ago. It began very simply: The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand. This article initially appeared on TechCrunch - with a minor update highlighted in red below.

The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Convertible Debt. Back in the summer of 2010, I wrote a post outlining why I don't like convertible debt investments.

Convertible Debt

USV does a fair bit of seed investing and we have never done a convertible debt deal (although we have done bridge loans for our existing portfolio companies). My wife, aka Gotham Gal, does a fair bit of seed investing and she has done her share of convertible debt investments, always with a reasonable cap, but she also prefers a priced equity round. Convertible debt is being discussed again, I suspect because valuations are coming down and that is causing some problems, but also because there are folks suggesting improvements on the structure of these deals. My view on this is fairly simple: All Revenue is Not Created Equal: The Keys to the 10X Revenue Club.

May 24, 2011: May 24, 2011: [Follow Me on Twitter] “ Don’t you know that you are a shooting star,And all the world will love you just as long,As long as you are.

All Revenue is Not Created Equal: The Keys to the 10X Revenue Club

. ” – Paul Rodgers, Shooting Star With the IPO market now blown wide-open, and the media completely infatuated with frothy trades in the bubbly late stage private market, it is common to see articles that reference both “valuation” and “revenue” and suggest that there is a correlation between the two. What drives true equity value? Former Piper Jaffray executives launch early-stage investment firm - Minneapolis / St. Paul Business Journal.

A group of former Piper Jaffray Co. executives have launched AMP Partners, a new firm looking to make early-stage investments in tech startups.

Former Piper Jaffray executives launch early-stage investment firm - Minneapolis / St. Paul Business Journal

Tech{dot} MN has some details on the new venture, launched by Daren Marhula, Brad England, Mark Donahoe and Chris Palm, who have invested an undisclosed amount of money in the effort. They're looking to make first round, pre-revenue investments in startups and has already made one deal: with HomeVisor, a real-estate-focused startup. DotMN — ‘Less TechCrunch & more reality,’ says local angel investor.

Nearly two months ago, AMP Partners was introduced to Minnesota’s tech entrepreneurs.

dotMN — ‘Less TechCrunch & more reality,’ says local angel investor

Curious to learn more about where things are at, and if AMP is serious about funding local startups, we connected with partner Daren Marhula to hear it from the source: 1) How would you say things are going so far relative to what was anticipated? FundersClub. Moneyball: A Quantitative Approach to Angel Investing (Austin, TX -... Why Are B2B Social Media Firms So Hot? For a handful of enterprise social media firms, 2012 has been a version of 1999.

Why Are B2B Social Media Firms So Hot?

The Great Cash-Out got under way in May when Oracle paid $300 million for Vitrue, a cloud-based firm that mans social media communications for McDonald's, American Express and Gillette, among others. Oracle followed that acquisition by gobbling up social media monitoring firm Collective Intellect for an undisclosed sum in early June. Meanwhile, paid $745 million for Buddy Media, a Vitrue competitor that counts Ford Motor and Hewlett-Packard among its clients. Publications VivaKi's Tobaccowala Debugs Mystery Of Agency Survival: 'We Are Cockroaches' 06/14.

VivaKi Chief Strategy & Innovation Officer Rishad Tobaccowala channeled his inner Kafka Wednesday, explaining to a gathering of clients, agency executives, entrepreneurs, VCs, and a couple of journalists why ad agencies have managed to survive, and maybe even thrive, despite incessant proclamations that agencies were dying during his 30 years in the business: “The truth is, agencies are cockroaches.”

Tobaccowala, who is known to strike striking metaphors to make a point, likened agencies to roaches, because like the insect, they have proven themselves to adapt and persevere regardless of what is thrown at them. Tobaccowala said his point about agencies’ ability to survive was that they “cannot do it alone,” and must rely on outside “third parties” to help them adapt and develop new business models and services to help their clients evolve their businesses. A preacher, 500 startups, and a dream to change it all.

Dave McClure speaking at the US Embassy in Mexico City. Photo by David E. Airbnb's first pitch deck. 8 Hard-Earned Insights Into Raising Startup Capital. Approaching investors for the first time is a daunting exercise for any startup. Regardless of whether you’re raising venture capital, approaching angels or still trying to figure out where to get started, it’s critical to stay level-headed about what you’re really pitching - and what it’s actually worth. The best way to do that is to leverage the hard-won experience of real-world startup. So we asked a panel of eight successful young entrepreneurs from the Young Entrepreneur Council (YEC) about their startup funding successes (and failures) and the lessons they learned.

Turns out that while every startup is unique, they share some common difficulties in trying to find just the right strategies and tactics for funding their companies: Fred Wilson: what crowdfunding means for the VC business. For the past couple of decades, venture capitalists have had the upper hand. They’ve had the funding and, traditionally, they’ve held most of the power in the startup ecosystem. But, Fred Wilson, managing partner of Union Square Ventures (and beloved blogger), believes that balance of power is shifting (As noted in Stacey’s take on a similar notion advanced by the Kauffman Foundation earlier Tuesday.) And as it does, venture capitalists themselves must rethink their role. Speaking to a crowd of entrepreneurs at the Grind work space in New York this morning, Wilson said that since the mid-1990s institutional investors have poured $30 billion into the venture capitalist business every year, but venture capitalists have only been able to figure out how to generate good returns on half of it.

(Actually, venture capitalists haven’t seen that much money flowing in since 2007, according to the National Venture Capital Association, which notes the recession dramatically lowered investment.) How to make a cap table. Summary: A cap table lists who owns what in a startup. It calculates how the option pool shuffle and seed debt lower the Series A share price. DotMN — Dear Minnesota Angel Investor. By Joe Serrano Last week I had a coffee with a Minnesota angel investor and we began talking about Instagram and its recent $1b exit to Facebook.

Sequoia Confirms Existence of “Stealth” Scout Program. Who’s Next? By Sarah Lacy On May 4, 2012 On Wednesday we uncovered a potentially worrying trend of VCs investing in very early stage companies by giving money to network rich, cash poor entrepreneurs — or “scouts.” Ostensibly, the trend has a lot of advantages for the investors involved. Scouts get to become angel investors quicker than their liquidity schedules might allow, more startups get funding, and venture firms get a pulse on deal flow they might not have seen otherwise. Crowdfunding: How Indiegogo Connects Concepts With Cash. Indiegogo. Startup says what? - Entrepreneur. Startup says what? Here's an entrepreneur guest blog on common startup myths and how you can learn from them... They are the little white lies entrepreneur like to tell partners, investors, potential employees and their spouses. [Excerpt] Fundraising: From $1,000 To $1,000,000.

500 Startups Raising New $50M Fund, Names 4 New Partners, With 250+ Investments To Date. Aileen Lee Launches Kleiner-Backed Seed Fund - Kara Swisher. Why The JOBS Act Is Good for Startups - and for America. Crowdfunding Law Will Turn the Start-Up World Upside Down - Tim Rowe - Voices. Online-Services Firms Catering to Businesses Look Good Again to Venture Investors. Tide Shifts on Web Start-Ups - Ben Worthen. Calling Bullshit On The Series A Crunch. Accel forms $100M fund to feed big data apps — Cloud Computing News. So, is venture money drying up or blowing up?