By guest author Praveen Kumar ePhiphony Incorporated develops and publishes the inventory investment optimization solution suite Phitch, which provides software add-ons to existing accounting enterprise resource planning (ERP) and accounting packages that make it easier to optimize inventory. Phitch is designed to boost the performance of ERP platforms by determining inventory alerts, reorder points, safety stocks, and order
Balihoo provides local marketing automation technology and creative, media buying, and media planning services to the distributed marketing partners (i.e., franchisees or resellers) of national brands. Balihoo’s customers have reduced local production costs by up to 90%, improved local ROI by more than 30%, and improved national visibility into local marketing efforts and their results.
SM: Your Series A investors are reaching the seven-year point and are probably looking for an exit. GS: They are long-term, patient investors. They are not looking for a short-term returns in order to raise their next fund. We are in a very different spot from what other folks could be.
By guest authors Irina Patterson and Candice Arnold Irina: If entrepreneurs want to seek funding from you, what would be the proper way for them to do it? Basil: I probably get asked this question three or four times a week. What I’ve done is I wrote a page on my blog called How to
By guest authors Irina Patterson and Candice Arnold Irina: What are your current sources of deal flow? Basil: Most of the things that I find investment worthy, I’m seeing at an angel meeting. What’s best for entrepreneurs, I think, is to present at group meetings. It’s a much more efficient way for entrepreneurs to meet
Great game, Uruguay vs. Holland. All-European final coming up. While we wait for the much-anticipated Germany vs. Spain game tomorrow, here is a video that one of my readers, Nagendra Shetty, sent me on the European debt crisis. It is at once funny, disturbing, and scary!
Xvand Technology is the provider of IsUtility, an Infrastructure-as-a-Service (IaaS) solution. The company invests in servers and technical support and delivers enterprise-level IT resources by selling access to clients as a utility. The aim is to eliminate the costs and risks of buying and managing an on-site IT system and to help clients put more
SM: I have known other companies that have acquired venture-owned companies, and they did it via an all-cash transaction. The CEO worked out a valuation with the acquisition company, then went back to his investors and presented the deal and raised the cash to make the acquisition happen. GS: Cash is easier, but those deals