By Sara Gold
Marina del Rey,CA(Hollywood Today)10/19/12/—This conference brought together players in the Media, entertainment, technology finance world who are playing part in investments, mergers, acquisitions, and takeovers over the past few years.
The discussion was about whether the market is another bubble, or laying the groundwork for a new period of hyper-growth? The panel discussed the methods by which media companies are making 9-10 figure bets in this new arms race and what future holds. Steve Masur, a Senior Partner at MasurLaw discussed the start up stats; 90% of them fail, 9% break even and only 1% succeed.
As a result, the job of today’s entrepreneur is to be in the 1% that breaks through. That’s what investors are looking for in the new funding world – traction (meaning revenue), proven success, a road map to profitability, and a track record of progress along this road.
Also what’s new is how many start-ups there are. So how do you stand out from the crowd? Masur said that at MasurLaw, they are working on celebrity deals and brand engagement to help drive traffic, separate yourself from the crowd, and show investors that in addition to new ideas, you have something real.
Monica Dodi, managing director and Co founder Women’s Venture Capital Fund stated that many Public companies going toward private funding now money is on the sidelines.
Nia Stefany Managing Partner and founder ,Xnergy LLC, Featured on national television and awarded the prestigious “Keeping America Strong” award. spoke of Private Placement making a pitch to strategic partner catering pitch to their needs forming a successful board of directors together offer some stock shares and good history in biz helps to build portfolio.
Charles M Miller, President, CEO , Carlton House Capital Partners, LLC, discussed being first to market with idea or momentum and Viral growth being truly unique then your in different world – who is interested in investing – officially getting companies that could incubate in a few years their talking about doing IPO market will a market that when people are taking things to public – taking a whole new company out – (public).
Monica Dodi, Women’s Venture Capital Fund,
Steve Masur, MasurLaw.com ,
Nia Stefany, Xnergy, xnergy.biz
Charles M.Miller, Carlton House,
Chris Petrov , Gameshop,
Mike McGlade, FastPay.com
Venture Funding, Investment & Mergers – Leadership in the Entertainment & Technology Space: Broadband, Social Networks, Mobile and Games
The VC and strategic investment community has always led the way in recognizing the newest opportunities in the technology and entertainment space. In this era of economic flux, boom and bust, there are as many interpretations of value, opportunity and investment as there are investors and analysts in the industry. In this session, we bring together a number of the formative players in the Media, Entertainment, Technology finance world who have played a part in the investments, mergers, acquisitions and takeovers over the past few years. At the moment there is more money chasing fewer ready resources, but as the market predictably shakes out, how the relationship between the traditional and new media companies settles will create a fascinating foundation for the next step in growth for our industry. Are we building toward another bubble or are we laying the groundwork for a period of hypergrowth in the convergence space? Media companies are making nine and ten figure bets in this new arms race and what the future holds is anyone’s guess.
Monica Dodi, Managing Director and Co Founder, The Women’s Venture Capital Fund
David Travers, Partner, Rustic Canyon Partners
Steve Masur, Managing Partner, MasurLaw
Kushal Saha, Managing Director, Cascadia Capital
Mike McGlade, Chief Revenue Officer, FastPay
Derek L. Norton, Managing Partner, Watertower Group
Joey Tamer, President, S.O.S. Inc., Moderator
Crowd Funding Sources