2005 Business Plan Revenue Syndication 
Professor VC
JUNE 20, 2011
Now that iControl has raised over $100M, this got me thinking back to our original business plan. But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). Before the $52M Series D , the $23M Series C , the $15.5M
www.paulgraham.com
APRIL 28, 2010
November 2005 Venture funding works like gears. This is a good plan for someone with kids, because it takes mostof the risk out of starting a startup. There never has to be atime when you have no revenues. Some angel investors join together in syndicates. Want to start a startup? Apply for funding by March 3.
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