Dan Engel

Managing Partner@Santa Barbara Venture Partners | Led Customer Acquisition: FastSpring, Google, Picasa, GoToMyPC/GoToMeeting

[Dan Engel @engelventures]

@Ginger_Gilmour I was wondering if you remember my grandfather, Dr Werner H Engel. I noticed you had mentioned him briefly in your writings.

[Dan Engel @engelventures]

@davidgilmour Hi David. My grandfather was Dr Werner H Engel, he passed away in 1991. I was curious whether you happen to remember him

[Dan Engel @engelventures]

@gnoble79 I was there in FMR in 1997. Were you still there then? I don’t recall us meeting though I did enjoy spending a little time with Peter

[Dan Engel @engelventures]

@Curiousjorge65 Direct YouTube link to talk on how VC fund LPs can get more liquidity from their GPs: https://t.co/TDJ1Wmqb9n

[Dan Engel @engelventures]

@Curiousjorge65 There is a lack of liquidity for VC fund investors, but it doesn't have to be this way in venture capital. https://t.co/uUgOh2kWsM

[Thomas Sowell Quotes @ThomasSowell]

A must watch. This video is over 30 years old.

[Dan Engel @engelventures]

@JohnPalminteri Baffa is the man

[Dan Engel @engelventures]

@vcsforkamala can you post the zoom recorded event link? Are you offering any VCsforKamala merch?

[Simone Biles @Simone_Biles]

I love my black job 🖤

[Karri @karri_tweets]

random things i've learned about m&a:
​
- corp dev is 80% intelligence gathering and 20% being interested in doing a deal: you can't easily tell which one you are dealing with
- ask them to hop on a plane and meet; that's how you know they are serious
- if you don't get to speak to the decision maker after the initial intro, don't bother
- do not share your numbers with a random corp dev saying they are interested
- go to every damn conference for years before you sell, be well-known by everyone in your industry
- you are not selling to a company, you are selling to a person
- LOI doesn't mean anything
- LOI means everything: stuff that is on LOI rarely gets renegotiated
- everything is renegotiable
- don't let lawyers hijack the negotiation with their bs
- your price, my terms
- "we close every LOI we issue" is a bs marketing line
- there is a surprising number of publicly listed shitcos out there that are not able to finance transactions
- if there are any delays after accepting the LOI and the buyer asks to extend exclusivity: walk away, they are not going to close
- keep focusing on your business even during the DD
- do not take stock unless you are dealing with a $1B publicly listed company
- cash is king
- hire a banker but do not expect them to do all the work
- bankers are lazy bastards who get 5% of your company for 4 months of work
- take the offer that is most likely going to close: life is a ladder and it helps to have your foot on the first step
- birds fly, fish swim.....
​
.....and deals fall through

[Ron Conway @RonConway]

At @svangel we spend our days looking for, investing in, and supporting founders who are building the future. We are pro-business, pro-American Dream, pro-entrepreneurship, and pro-technological progress. In this pivotal moment, we are united in our support for Vice President @KamalaHarris. I invite you to join us! Sign the pledge: https://t.co/56TLtEPnGr #vcsforkamala #vcsfordemocracy @vcsforkamala

[Dan Engel @engelventures]

@vkhosla Use tiny homes as the solution via successful homelessness solution services like @DignityMoves

[John Coogan @johncoogan]

“American politics are so crazy right now!”

No they aren’t.

1962. The president’s mistress is openly seducing him at public events.

6 months later, he avoids nuclear war.

6 months later, he’s shot in the head.

We’re at like a 3/10 on the crazy American politics scale.

[Dan Engel @engelventures]

SBVP turns to secondaries to satisfy LPs’ thirst for liquidity https://t.co/64PWKTPxYo via @Venture Capital Journal

[Dan Engel @engelventures]

@Trace_Cohen Or you can get creative and engineer one

[Historic Vids @historyinmemes]

Deleted scene from Forrest Gump

[Dan Engel @engelventures]

@sfmcguire79 Should probably include both Jews and Muslims

[Mike Bloomberg @MikeBloomberg]

In the wake of this weekend’s appalling terrorist attacks on Israel, @Mdais paramedics & volunteers have been working around the clock to save lives, performing dangerous & heroic work. Join me in supporting Magen David Adom, & I will match your contribution: https://t.co/QOupCWV9Td

[Daniel Jeffries @Dan_Jeffries1]

We are the luckiest 1% of 1% of people to ever live in the entire history of humanity.

Anyone putting "progress" in quotes does not realize that life in history was nasty, brutish and short and we are absolutely blessed to live when we live.

Some facts for you.

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