By guest authors Irina Patterson and Candice Arnold Padmaja: As another example, there is an entrepreneur who’s doing 46% net profit, and we give him honest feedback: Don’t share equity. You don’t need to. He needs working capital, so we told him we put you on to people who give debt. Maybe that’s a cheaper way
Great first day of knockout stage soccer. Both Uruguay vs. South Korea and the USA vs. Ghana have been fantastic games. For the United States, well, Donovan sums it up: “Soccer is a cruel game, sometimes!” It’s interesting to see the round of 16 lineup: six Latin American teams (Argentina, Brazil, Uruguay, Paraguay, Chile, and
SM: What did you do after BizGenics? DC: I took four years off. I love to surf and fly fish, so I did a lot of both of those. We have a house in Montana, and I surfed all over the world. I also did some consulting.
By guest authors Irina Patterson and Candice Arnold Irina: Do entrepreneurs have to have previous senior executive experience? Padmaja: No. They need to have two things. One is an understanding of the domain, and the other is a bit of a complementary skills within the team. You don’t want to be investing only in a
By guest authors Irina Patterson and Candice Arnold Irina: How many investments have you made in the past 12 months? Padmaja: Within the past 12 months we would have done five. Irina: And how much do you usually invest per deal? Padmaja: We’re touching $400,000 to $500,000 per investment.
By guest author Praveen Kumar Altitude Fasique is an online designer apparel company that creates clothes exclusively for women who are over 5’9” (1.75 m). The company’s mission is to create contemporary and fashionable styles for tall women with designs that aim to make them feel confident and unique. Target clients are women seeking a
SM: How long were you at Marimba? DC: I stayed there for a while. I loved it, but it was a little heady. It was the beginning of the hype Internet days, and it ended up being about certain people and not very much about running a business. That ended up being a majority of
By guest authors Irina Patterson and Candice Arnold Padmaja: There are other entrepreneurs whose plans we look at and play the devil’s advocate, punch some holes, and have the entrepreneurs really improve their presentations and really make them more investable. Or make them more palatable to investors. We make them think through their numbers, operations,