RVC Holiday Gift Guide 2020
Rockies Venture Club
by Emily Klein
3y ago
Tis the season! This holiday season, we are so grateful for our portfolio companies and the awesome products they make. We are excited to share gift ideas from local Colorado companies, so you can find the perfect gift for your friends and family while supporting our local economy and startup community. Check out our list below for gift ideas along with special offers for the RVC community: Sheets & Giggles Sheets & Giggles’ 100% Eucalyptus Lyocell sheets are naturally softer, more breathable, and more sustainable than cotton and bamboo. Sheets & Giggles is currently offering 10 ..read more
Visit website
Why Discounts on Convertible Notes are for Losers!
Rockies Venture Club
by Peter
3y ago
There are a lot of misunderstandings about convertible notes and how they work, but one misunderstanding that I have not seen described well is the issue of the valuation cap vs. the discount and what the relative benefits of either outcome would be for investors and founders. Convertible note discounts are for losers. First, a quick summary of how convertible notes work: A convertible note at its core is like any other note payable.  If I lend you $100,000 at 8% interest, then at the end of the year you pay me $108,000 and we’re done.  The convertible part refers to the potential fo ..read more
Visit website
The New Normal – Startups Define Post Pandemic Life
Rockies Venture Club
by Peter
3y ago
Part One: The New Normal of Work Think back on your life before the Global Financial Crisis.  It seemed ok, and then disaster hit.  In the following few years, startups created new ways of living in a new normal that followed the crisis.  Many of the problems they solved were things you may not even have thought of as problems, but now you can’t live without the solutions.  Companies came up with game changing innovations like Dropbox, Venmo, Square, Instagram, Slack, Zendesk, Groupon, Pinterest, WhatsApp and more. We are in the same situation now, only bigger.  Star ..read more
Visit website
Brad Feld: The Startup Community Way and Complex Systems
Rockies Venture Club
by Peter
3y ago
Brad Feld and Ian Hathaway describe the startup community as a “complex system” in their new book, The Startup Community Way, By this they mean that it is inherently unpredictable and needs to be managed by more formulaic systems ranging from simple (like making coffee) to complicated (like having a financial audit for your company) to complex, like a startup community or raising a child.   We find ourselves in the Startup Community faced with exponentially complex system as we combine an ever evolving startup community with the complex system of the pandemic driven changes to ..read more
Visit website
Rockies Venture Club Has a New Look
Rockies Venture Club
by Emily Klein
4y ago
Looking to the future, Rockies Venture Club unveils a new brand identity aligned with growth, unity, and community.  The Rockies Venture Club (RVC) is dedicated to accelerating economic development through angel investing. Since 1985, as the longest-running angel group in the United States, RVC supports education and collaboration between angel investors, entrepreneurs, and corporate partners.  Today, RVC is a major player in the Colorado investment ecosystem. RVC and the Rockies Venture Fund have made over 130 investments in 54 companies with a portfolio value of about $25 million ..read more
Visit website
Social Distance Survival Guide
Rockies Venture Club
by Emily Klein
4y ago
Supporting Local Businesses From the Comfort of Your Own Home Are you looking for ways to support small businesses and startups during this time? Our RVC portfolio companies have gotten creative with ways to help you homeschool, donate money, handle employee leave, buy or sell a home, protect your IP, and even share video to those who matter most. Check them out, support their efforts, and send some love to local businesses.  McSquares  We’re all trying to find our footing right now. One thing we all know – we’re going to be working and learning from home for awhile. McSquares rec ..read more
Visit website
A Message for Startup CEOs During Pandemic
Rockies Venture Club
by Peter
4y ago
If you are a startup CEO, or work for a startup – these are challenging times. The world as you know it is on hiatus, and uncertainty reigns. I would like to share some wise advice from my friend and fellow board member at the Angel Capital Association, Pat LaPointe from Frontier Angels in Bozeman, MT. This is advice that I hope every startup CEO in our community takes to heart. Best wishes, and be healthy, Peter Dear <CEO> – I hope you and your families and friends are healthy and staying safe. There is no “sale” worth jeopardizing your health. No meeting is worth exposing ..read more
Visit website
A Message for Startup CEOs During Pandemic
Rockies Venture Club
by Peter
4y ago
If you are a startup CEO, or work for a startup – these are challenging times. The world as you know it is on hiatus, and uncertainty reigns. I would like to share some wise advice from my friend and fellow board member at the Angel Capital Association, Pat LaPointe from Frontier Angels in Bozeman, MT. This is advice that I hope every startup CEO in our community takes to heart. Best wishes, and be healthy, Peter Dear <CEO> – I hope you and your families and friends are healthy and staying safe. There is no “sale” worth jeopardizing your health. No meeting is worth exposing ..read more
Visit website
The Startup Exit Strategy Canvas
Rockies Venture Club
by Peter
4y ago
First of all, you shouldn’t create an exit strategy for an investor – it’s actually the first question you should answer for yourself if you’re thinking about a startup. The Exit Strategy – Cornerstone of Startup Success You see, the exit strategy is about understanding who your customer is. Not the customer who buys your widget or app that you make, but the customer who buys your customer. The value proposition for this customer is different from the value proposition that you may have for your “first” customer who buys your product – the “second” customer who buys your company is muc ..read more
Visit website
How to Avoid Startup Due Diligence Groundhog Day
Rockies Venture Club
by Peter
4y ago
Pitching your startup to angel and VC investors can seem like groundhog day – doing the same thing over and over and over.  Let’s do the math. The average angel writes a $25,000 check. You have to pitch to at least ten or twenty investors before getting to a “yes”.  The average startup raise is about $1 million. That’s $25K times 40 investors times 20 pitches each, leaving you with 800 pitches to get to your million dollar raise on average.  Many of those pitches include follow-up and due diligence questions, requests for documents and meetings and more. Frankly, it’s amazing that anyone g ..read more
Visit website

Follow Rockies Venture Club on FeedSpot

Continue with Google
Continue with Apple
OR