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Jeff McDermott
Camarillo, California, United States
21K followers
500+ connections
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Articles by Jeff
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Why I do what I do for a living...Feb 10, 2021
Why I do what I do for a living...
For most of my career I was always focused on doing things that benefited myself as far as my reputation, making money…
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Have a great business idea? Here's how you validate it.Nov 5, 2020
Have a great business idea? Here's how you validate it.
Idea Validation You know what I’m good at? Coming up with crappy ideas. I bet you’ve had a few yourself.
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What is a Venture Builder and what do they do?Nov 5, 2020
What is a Venture Builder and what do they do?
Venture Builder, also called startup studio, startup factory, or venture studio — is an organization who build startups…
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Here's my story for those who are curious.Oct 22, 2020
Here's my story for those who are curious.
My dad was the CEO of a company called Sports Service/MainGate that licensed and sold souvenirs for the NHRA, NFR…
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Go ahead and quit!Jan 16, 2019
Go ahead and quit!
I want you to quit! NOBODY CARES! NOBODY GIVES A SHIT! YOU ARE NOT SPECIAL! JUST GET IT OVER WITH AND QUIT! I WANT YOU…
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Financial Freedom: Fact or Fiction?Dec 18, 2018
Financial Freedom: Fact or Fiction?
Back in the day when I was doing corporate training for real estate brokerages I would always come up with new content…
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The Basics of Building a Budget for Your BusinessDec 17, 2018
The Basics of Building a Budget for Your Business
For many small business owners, the process of budgeting is limited to figuring out where to get the cash to meet next…
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Validate your idea then let's talk about an investment!Sep 13, 2018
Validate your idea then let's talk about an investment!
Idea Validation You know what I’m good at? Coming up with crappy ideas. I bet you’ve had a few yourself.
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Yes, even consultants need to validate their assumptions!Sep 11, 2018
Yes, even consultants need to validate their assumptions!
How to Validate Demand For Your Services & Expertise The inexperienced consultant may be incredibly smart and skilled…
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Activity
21K followers
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Jeff McDermott posted thisOkay... do you sear the steak and then go oven or oven and then sear the steak after cooking??? I'm a sear first then slow cook, but it really depends on the cut of the steak... Choices???
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Jeff McDermott posted thisInvestor: Put me down for $50 million. GP: Will do! We're in the game now boys! A few weeks go by... GP: When can we expect executed docs and your wire? Investor: Just waiting on my deal to close to free up my cash. A few more weeks go by... GP: We're about to close the fund, but without your allocation we're still half way. Any news for us? Investor: Dealing with some tax issues, should be a few more weeks. A month goes by... GP: We're opening up your stake to other investors who want in, last chance to get in at that amount. Investor: Go for it, I'm not sure how long this is going to take, but please set aside at least $10M for me. GP: Sorry but we can't do that. We have more demand than spots left so it's either now or never. Investor: I understand, sorry, but maybe on the next one. So, did the investor flake out and was probably never going to invest at all? Possibly, but you should always give them some runway whenever possible but when you hit your hard deadline, sorry bout ya. To each their own of course...
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Jeff McDermott posted thisWhen a studio portfolio deal goes under we typically give LPs 3 options... 1. Convert the equity into another deal with no taxable event, a like for like exchange. 2. Convert the equity into the Studio hold Co stock on a like for like basis, no taxable event. 3. Cash, but that may take a while as another exit or liquidity event has to take place first and that does not include a capital raise as that money is for seed capital and not liquidity. That's the beauty of studios, they have built in loss protection/insurance at no cost to LPs.
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Jeff McDermott posted thisOpportunity alert!!! I provide Strategy, Advisory, and Venture Building for the architects of the next economy: Entrepreneurs, Ecosystem Builders, and Emerging Fund Managers. If you’re stuck in the "middle ground" of an idea, let’s get you out of it. I’m opening a few 30-minute Strategy Sprints (Mon-Fri, 8-11 am PST) to tackle: Fund Strategy: Narrative & Deck Architecture that actually closes LPs. Real Estate: Navigating Syndication and Deal Flow. Venture Building: Market Validation and the "Zero-to-One" phase. No fluff. No "catching up." Just hard questions and actionable answers. 🚀 Book a 30-minute Sprint ($100): You can book here: 👉 https://lnkd.in/gsnvq3Jk 💡 Scale with me: Unlimited monthly office hours for $350. DM for details. For long-term Venture Building/Co-Founder inquiries, pitch me your scenario directly.
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Jeff McDermott posted thisIf you were to use an analogy for comparing a Venture Builder to a real estate developer, it would go something like this... The VB is the equivalent of the land buyer, surveyor, architect, financier, general contractor, marketing and sales. They are highly involved at every level from the idea stage to exit, maybe not so much hands on in each role, but they are the puppeteer who pulls the strings from the top level.
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Jeff McDermott posted thisOne specific answer is worth more than months of guessing. I’m opening up daily "Power Sessions" for Founders and Investors who need to get unstuck fast. If you are navigating the complexities of Venture Capital, Real Estate Syndicates, or Fund Strategy, you don’t need generic advice. You need a tactical roadmap. In 30 minutes, we can: Audit your pitch deck to spot the red flags investors will hate. Validate your startup idea before you burn cash building it. Structure your next real estate deal or fund. The Logistics: 🗓 Mon-Fri | 8am - 11am PST 💰 $100 Investment ⚡️ 30 Minutes of high-impact strategy. Stop spinning your wheels. Let’s solve it and move forward. Book your slot here: 👉 https://lnkd.in/gsnvq3Jk
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Jeff McDermott posted thisProfessional Advisory shouldn’t require a $10k retainer. I’m opening my calendar for Entrepreneurs, Startup Studios, and Fund Managers who need Tier-1 strategy without the overhead. Choose your speed: The Tactical Strike ($100): A one-time, 30-minute sprint to solve a specific bottleneck in your deck, fund, or RE deal. You can book here: 👉 https://lnkd.in/gsnvq3Jk The Growth Engine ($350/mo): Unlimited monthly office hours. Think of it as having a Venture Partner on speed dial. Hit me up if you'd like to secure a spot. Focus Areas: Deck Architecture, Fund Strategy, Raising Capital, Syndications, Zero to One Phase, and Idea Validation. Looking for a Venture Builder or Co-Founder? DM me your scenario and let’s talk long-term strategy.
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Jeff McDermott posted thisI can't answer for them, but here's my personal take on this topic... Why don't more sports teams and leagues open up their investment opportunities to everyone and not just PE and institutional investors? Because they don't want to deal with the costs, regulations and the burden of having thousands of investors on their cap tables. It's cheaper, faster and easier to continue to do it the old fashioned way. It's a legit reason, but it's really just a cop out in my opinion which is why we at Champion Capital are launching The Champion Fund so that everyone can now have access to true sports industry ownership. The game is changing and we're proud to be leading the way!
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Jeff McDermott posted thisOne huge question that every entrepreneur should ask themselves when they come up with a new idea is: Can I sell this? I don't mean theoretically, I mean, can I literally sell this on my own if I had too? Unless you have the money to hire a salesperson off the bat, it's gonna be on you and you alone to sell that thing. So the question stands, Can I sell this?
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Jeff McDermott liked thisJeff McDermott liked thisReal Spies. Real History. 🕵️♂️📜 The spy who ran British intelligence… while working for Moscow. His name was Kim Philby. The most dangerous spy is not the one outside the gate. It is the one holding the keys. FIND YOUR SECRET SPY SUPERPOWER https://lnkd.in/gWhsUQ-9
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Jeff McDermott reacted on thisJeff McDermott reacted on thisAMERICAN PILOT RESCUED - Missing American pilot rescued after 'heavy firefight' with Iranian forces - "My fellow Americans, over the past several hours, the United States Military pulled off one of the most daring Search and Rescue Operations in US history, for one of our incredible crew member officers," he wrote. "I am thrilled to let you know he is now SAFE and SOUND! - https://lnkd.in/emytXgWH
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Had a 30-minute masterclass on real estate investing with Riaz Taplin, founder and CEO of ArtHaus Partners (formerly Riaz Capital), a workforce housing developer in the Bay Area. 🤓 Their platform is valued at around $1B with $325M - $350M in investor capital raised. Under his leadership, the company expanded from 88 units to 4,000 units, residences, and beds in operation and development. He started young— at 16, and professionally by 21. With 20+ years in the game, he’s mastered how to read the market and create opportunities that help investors maximize and protect their capital. Interesting how their platform delivers twofold value. 1/ Bridge the Bay Area’s middle-class housing gap. 2/ Deliver steady, tax-advantaged returns for investors. Other things I learned from our convo: ↳ Going solo in real estate = betting everything on one property. You miss out on diversified, steady gains from scale and expertise. ↳ Calling real estate a disaster = missing the nuance. Some classes, like multifamily housing, stay strong even when others crash. ↳ Investing without a tax strategy = giving away returns. Take advantage of tax provisions such as a 1031 exchange. Huge thank you to Riaz for sharing his wisdom! 💚 We talked about how to read markets, scale without overexposure, create impact while building wealth, and more! If you’d like to catch the full conversation, I'll drop the link in the comments. 👇 And please send some love to Riaz. He’s doing incredible work bridging the Bay Area’s middle-class housing gap while helping investors grow sustainably. 🦁🚀
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Tim Ericson
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Thinking of raising capital from a crowdfunding site to fund your acquisition? 🚨 The June SBA SOP could quietly kill your deal. ⏳ Here’s what crowdfunding platforms won't tell you ⚠️ Under the June SBA SOP update, lenders must key in 100% of owners in E-Tran (the SBA compliance system), even at .1%. Many banks also ask every owner to sign their bank-specific citizenship attestation. If you’re raising investor capital through a crowdfunding marketplace, that creates three real risks: -Eligibility landmines 🚫 A .1% investor from a platform can make the loan request ineligible. Think defaulted government debt or other disqualifiers. One bad apple can freeze your loan. There is no way for the crowdfunding platforms to check this for their investors until they go through an SBA loan process. -Paperwork drag 📝⏳ Banks are asking every owner to sign bank-specific forms, provide IDs, and provide detailed entity information. With a crowd of small investors, you’re chasing signatures and forms while your seller threatens to back out of the deal. -Immigration delays 🛂⌛ Many of the platforms often allow permanent residents to invest. SBA deals with permanent residents trigger extra status checks that adds six weeks to the closing process. That delay can be the difference between closing and losing the deal. Bottom line: all three add risk and uncertainty you don’t control. The answer? Work with committed capital from funds that know their investors. At Shareholder Ventures, we’ve closed multiple deals with our investor base and we know them all personally. Do we ever hit snags? Sometimes. But we fix them fast because we have direct relationships. Crowdfunding platforms don’t know their investors, and many investors don’t realize how much documentation they’ll need to provide. It’s risk you don’t need. 🔒 Committed capital closes. 🤞 Crowds hope. Keep your investor list tight. Protect your closing. If you want an SBA-friendly path that moves when it matters, DM me. 💬
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Richard Stroupe
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3 red flags that are killing your fundraise according to a $100M VC fund. Warning signs that Juan Carlos Pacheco and IDEA Fund Partners screen for in the first conversation: • Arrogance (kills partnership) • Weak command of numbers (signals chaos) • Saying "no competition" (shows market naivety) Here’s how to avoid them to start showing up as a credible, coachable operator that investors actually want to partner with. #1 Arrogance Juan Carlos said it plainly: "If you're a jerk, that's a very quick red flag. Because it's a partnership when you invest." This isn't about being nice for the sake of being nice. It's about what arrogance signals. If you dismiss questions, you'll dismiss your customers If you can't take feedback in a pitch, you won't take it from your board. . If you think you know everything, you won't adapt when the market shifts. Investors are buying into years of partnership. Board meetings. Hard conversations. Pivots. Bad quarters. If you're arrogant now, you'll be impossible later. #2 Weak command of your numbers Juan Carlos said: "If you can't speak with some intelligence about revenue, burn rate, how you're gonna use the capital... that's a huge red flag." Weak grasp of numbers signal operational chaos. Vague on how you'll use capital? ↳ You'll waste it. Don't know your burn rate? ↳ You're guessing at runway. Can't explain how you arrived at your valuation? ↳ You don't understand your business model. Investors aren't expecting perfect projections. They know things will change. But they need to know you're running your business with discipline. That you're making data-driven decisions. That you can be trusted with their capital. If you're fuzzy on the numbers now, you'll be reckless with their money later. #3 "We have no competition" This one kills more deals than founders realize. Juan Carlos said: "Competition is typically a good thing. It shows there's a market there." Here's what "no competition" actually tells an investor: Either you haven't done your homework, or there's no market and customers don't care enough to pay. And if there *is* competition and you just don't see it? You're naive. You're not paying attention. You don't understand your landscape. Juan Carlos used a sports analogy: "If you're going into a tournament, you scout your opponents. You see what they're strong at. You see what you're strong at. And you adapt." Competitors aren't threats. They're validation. They prove there's a market. They show you what works and what doesn't. They force you to get sharper. If you can't articulate your competition and your edge, you're not ready. At the early-stage, there is uncertainty and risk. Investors don’t expect flawlessness. They do expect coachability, self-awareness, and market intelligence. Know your numbers cold, stay humble, and study your competition. Do that, and you’re already ahead of most pitches.
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TatianaSFcom 🌉🟧
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💲 Best LLM per Dollar 📊 Key Stats • Google: – Gemini 2.5 Pro: 84% for $5/1M tokens – Gemini 2.5 Flash: 78% for $2.50/1M tokens – Gemini 2.0 Flash: 75% for $0.25/1M tokens • OpenAI: – o4‑mini: 80% for $2/1M tokens – GPT‑4.1: 66% for $5/1M tokens – GPT‑4o: 48% for $5/1M tokens • Anthropic: – Claude 3.7 (64K): 77% for $5/1M tokens – Claude 3.5 Sonnet: 55% for $5/1M tokens • DeepSeek: – DeepSeek r1: 70% for $1/1M tokens – DeepSeek v3: 68% for $0.75/1M tokens 🤖 AI Levels the Playing Field • Low cost + good quality helps you add AI features cheaply • Mini models often give better value for money • Pick models based on long‑term cost, not just peak score ⚔️ Reality Check • Top models (>80%) cost more and fit critical tasks • Use budget models for routine work • Balance speed, cost, and accuracy for best results 💡 Investor Insight • For mass features, use models under $2/1M tokens • Save budget for premium accuracy in key areas • Mix cheap models for basic tasks and expensive ones for precise tasks #AI #LLM #Value #CostEfficiency #GPQA #TatianaSF #Gemini #GPToMini #GPT #Claude #DeepSeek
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Pramod Malviya
NbitAI • 1K followers
Building an audience is a great investment that compounds over the years, maximizing the impact of everything else you do online. Here are some tips on how to do it: 🌱 Start small 📈 Consistently deliver value ✨ Watch your influence multiply By the way, this is a sample draft! Select some text and click "Rewrite with AI" to improve it ✨ PS: you can also press ⌘ J on Mac or ctrl J on Windows. Some more tips for you: • Use the buttons in the top right to share & organize drafts • Drag & drop pictures and videos in the editor • Type : followed by an emoji alias • Paste a tweet link to quote it PS: you can ask our AI turn these bullet points into emoji.
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Jeff McDermott
Champion Capital • 21K followers
If your local startup ecosystem doesn't run its own capital as a fund, it's not a complete ecosystem. Internal capital is key for these to work because just making intros to local Angels who see 50 deals per month isn't a strategy. Do some work without internal capital? I'm sure they do, but are they as efficient as they could be? I doubt it...
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Garry Tan
Garry's List • 312K followers
One of the most important questions for founders is: How do I make sure agents know about my product and service and choose it? All the old tricks won’t work. People who figure this out will win big This is a good essay: https://lnkd.in/gGSU2HPR
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Nick Findler
ClimateDoor • 14K followers
“The hardest thing I’ve ever done.” At the New York DealBook Summit, Jeff Bezos shared a rare behind-the-scenes look at Amazon’s earliest days: raising the company’s first $1 million in seed capital. According to Bezos, it was the hardest challenge he faced in building Amazon, and it came long before the company became the global juggernaut we know today. He took 60 investor meetings to secure that initial funding. Out of those, around 40 resulted in “no,” and not quick rejections, but hard-earned conversations that still ended without a check. What made it even tougher? Bezos was pitching an idea that was unfamiliar territory for many at the time, selling books online. In fact, early on, investors literally asked, “What’s the internet?” before grasping the potential of the business. Bezos was brutally honest, telling investors he thought there was a 70 % chance they’d lose their money. In hindsight, he says that the estimate might have been optimistic. Those meetings, the rejections, and the perseverance mattered. Without that first round of capital from about 22 angel investors, “the whole enterprise could’ve been extinguished then,” he recalled. Takeaway for founders: Great ideas don’t always start with quick wins. 👉 Persistence and conviction matter, especially when the opportunity isn’t obvious yet. 👉 Rejection isn’t proof you’re wrong, it’s part of the path to finding the right believers. If one of the world’s most successful founders had to go through 60 meetings to get started, there’s real perspective and encouragement in the grind. https://lnkd.in/gA7DeGex
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