SpareFoot is one of the companies in Silverton Partner’s portfolio. They’re the world’s largest marketplace for self-storage — a $20 billion-dollar market. Sparefoot also provides leading web marketing solutions for storage operators. Sparefoot was founded in 2008 by then-UCLA students Chuck Gordon and Mario Feghali (aka Chario), SpareFoot originated as a person-to-person storage website (“airBnB for [...]
Here are a couple of updates from the Global Internet Primer for today. This one is a keeper: The Five Internet Mega Brands: It’s interesting that, really, only Amazon is still innovating and would qualify as a serious “brand.” And of course, this is before Amazon could spell PUBLIC CLOUD. Also interesting that I don’t [...]
This article originally appeared in The Austin Business Journal and was co-authored by Morgan Flager and Kip McClanahan. Understanding the business model of venture capital firms is critical for entrepreneurs who want to raise money from them. How VCs make money, pay expenses and repay their investors affects how these firms operate and make investment decisions. [...]
When you have an executive team, investors and a board of directors, it’s critically important that everyone be on the same page regarding the company’s current and go-forward operating metrics: how much money will be spent and on what? over what period of time? how many employees will be hired and into what positions? how much revenue will be generated and by what means? how much cash exists and when does cash run out?