By guest authors Irina Patterson and Candice Arnold Irina: And what do you think angels could do to be more successful? Bob: There’s a couple of things – fantastic question, thank you for asking that. One of the things I think that we can do better is not filter out the companies that we invest
By guest authors Irina Patterson and Candice Arnold Irina: What about your investment type? Bob: Generally we’ll do a convertible debt into an equity instrument, but that equity instrument is usually preferred stock. We have done common stock deals. Maybe 25% of the deals we do are common stock. Some members are okay without the
Marc Cenedella is the cofounder and CEO of TheLadders.com. Founded in 2003, TheLadders.com is a premier online job board for jobs with salaries of more than $100,000. Prior to TheLadders.com, Cenedella worked as a senior vice president of finance and operations at HotJobs.com and was an associate vice president at The Riverside Company, a New
By guest authors Irina Patterson and Candice Arnold Irina: You already told me that for businesses that don’t get invested in, you send them a nice notice and maybe tell them to work on their businesses, right? Bob: Yeah. We actually have a category that we put a lot of businesses into; it’s called mentoring.
By guest authors Irina Patterson and Candice Arnold Irina: As far as the total available market for an idea, do you have any recommendations for that? Bob: Again, total available market, total addressable market, and the amount of market you’re going to capture are all a function of what that return is and how much
Imagination Engines, Inc. (IEI) is a rapidly expanding company based upon a new and patented artificial intelligence paradigm called the “Creativity Machine,” wherein artificial neural networks autonomously engage in brainstorming sessions with one another to invent new ideas and plans of action. People such as Dennis Bushnell, NASA Langley’s chief scientist, have called this idea
SM: Why did you raise money? JT: We wanted to do more of everything we were doing. We had so many product development tasks that we could not do them all. We also wanted to grow faster and thought that adding some funds to marketing would help.
Sramana Mitra’s next free online 1M/1M strategy roundtable for entrepreneurs will be held this Thursday, May 27, 2010, starting at 8am PDT/11am EDT/8:30pm IST. You can find more details and register here. Please join us and let other entrepreneurs know!