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Archive of posts filed under the News category.

Lessons from the Shark Tank: Season 1 Finale

This week was actually fairly average as far as the dollars invested, but it felt like a train wreck for most of the show. Daymond was the only Shark really interested in any of the pitches and he convinced Kevin H to join him on one venture. Together, they invested $290,000 in two companies for an average stake of just over 50%.

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Lessons from the Shark Tank: Episode 14

This week Kevin H. makes up for many episodes of limited investing by putting $235,000 to work in both of the successful pitches. He also takes Kevin O by surprise and undercuts Robert in a deftly handled negotiation maneuver. All together, the Sharks invested $305,000 and snagged an average stake of 50%.

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SBA Lending when buying a small business

I had the privilege of sitting down with Melissa Knutson, a business banker from Chase in Colorado Springs and asking her about the state of small business lending in Colorado Springs.

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BiggsKofford.com has a new look!

That’s right, if you haven’t seen it already, BiggsKofford has a completely redesigned website. We’re planning on keeping the new website current with news articles, helpful resources for businesses and entrepreneurs, links to our team bios and LinkedIn profiles, and eventually a company blog. Please head over to www.biggskofford.com and let me know what you think!

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Innovative Funding Strategies: Alternatives to Injecting Cash into Your Company

Although dragging myself out of bed to attend the Peak Venture Group’s breakfast by 6:30am was a challenge at first, the experience proved to be entirely worth the effort. Today’s topic was designed to offer alternatives to the traditional funding path of Friends & Family – Angel Investors – Venture Capital – IPO/Strategic Buyout.

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Colorado Springs City Budget Markup Session: November 9, 2009

This is the first time I’ve been to a city council session and it was a rather enlightening process, if mostly to see what each member of council found most important and why they supported cutting or not cutting in certain ways. Overwhelmingly, this process was a political one with very little cost-benefit analysis and a whole lot of “I think…” and “I’ve always believed…” statements in support or opposition to certain budget items. It certainly begs the question: would cities be able to handle these challenges better if they were managed more like businesses?

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The Rise and Fall of a Software Startup

Who hasn’t heard of a great idea going belly up, especially in the volatile world of software startups? Ever wish you could get a download from those entrepreneurs about what went wrong and how to avoid the same fate in your business? The fine folks at the Tech Incubator brought us a presentation by Al Davis that proved to be a candid and unassuming walk through the rise and fall of a software company that ultimately closed its doors returning a mere fraction of shareholders’ capital.

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