Questions: Kindly give our readers an introduction to your business.
Answer: Based in Los Angeles since 2007, L.A. Tech and Media Law Firm provides sophisticated legal and business advice to technology startups, new media companies, inventors, and entrepreneurs. We consult clients on topics such as business formation, intellectual property protection, contracts, and startup launch strategy, and high-stakes business litigation.
Questions: Kindly give us a brief description of yourself.
Answer: David Nima is a licensed California attorney and member of the Investment Committee at Westwood Ventures, a micro-fund of AVG which deploys upwards of $200 million per year alongside top lead investors in hard-to-access deals. David is a respected technology leader with a distinguished track record for delivering winning strategies to organizations on critical issues across the full transaction and innovation cycle, including targeting, due diligence, revenue growth, product differentiation, portfolio valuation, market analysis, and competitive barrier strategy. David has been recognized as among the Top 30 Most Influential Digital Media and E-Commerce Law Attorneys and has appeared on numerous news outlets as an expert in the legal and business affairs of innovation
Questions: What four pieces of advice would you give to budding entrepreneurs?
Answer:
• ABR – Always be raising
• Ask customers what they want and deliver it
• Employ the Lean Startup
• When raising money from investors, under-promise and over-deliver.
Questions: What would you say are the top three skills needed to be a successful entrepreneur?
Answer:
• Problem Solver
• People Skills
• Visionary
Questions: Where do you see yourself and your business in 5 – 10 years?
Answer: Consulting the next generation of entrepreneurs on the legal and business affairs of innovation
Questions: What motivates you?
Answer: Helping entrepreneurs and business owners reduce risk in their endeavors.
Questions: What do you feel is the major difference between entrepreneurs and those who work for someone else?
Answer: Risk tolerance
Questions:If you had the chance to start your career over again, what would you do differently?
Answer: Not much. I really enjoy what I do. It is interesting work with interesting entrepreneurs and business owners, and visionaries discussing the products and services of the future.
Questions: How did you decide on the location for your business?
Answer: As entertainment and media focused law firm, Los Angeles is top choice because many entertainment and media professional live and work in Los Angeles. In addition, Los Angeles has one of the top technology startup industries, and has served as a background to the founding of many famous technology companies such as Snapchat (Snap), Headspace, Tinder, and more.
Questions: If you could talk to one person from history, who would it be and why?
Answer: Thomas Edison to discuss the thriving innovation industry of the late 19th century, his many patents and inventions, and the business dealings between large and small companies creating new products and services for the industrial age.