Remove 2007 Remove Burn Rate Remove Metrics Remove Sales
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

His most recent company, Filtrbox, participated in the inaugural Techstars class (Techstars Boulder 2007) and was a win for all parties involved; Filtrbox was acquired in 2010 by Jive Software (NASDAQ: JIVE). Three months in, the burn is now at $70k/month. No updates, screen comps, or metrics have been publicly shared yet.

Burn Rate 152
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Startup Revenue Milestones

K9 Ventures

At K9 we invest in companies which have a clear/direct revenue model and typically don’t invest in companies that follow the Ubiquity first Revenue Later (URL) revenue model made famous by Eric Schmidt in 2007. But they may not have figured out the sales model just yet. You have developed a clear and repeatable sales process.

Revenue 48
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ProfessorVC: 4 Lessons of Entrepreneurship

Professor VC

Challenge the Status Quo - StubHub entered an industry dominated by a couple of large players who had a vested interest to block the legality of their business of providing a marketplace for the sale of tickets in the secondary market. He definitely had a lot of people tell him that it couldnt be done. Can Entrepreneurship Be Taught?

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ProfessorVC: Waah.Do I have to build a financial model?

Professor VC

To that last one, there is certainly some truth as the standard time vs. revenue chart in most business plans looks like this: Im not teaching Entrepreneurial Finance this semester for the first time since Fall 2007. What are the key drivers and metrics? Does a complicated sales build model make sense for a pre-revenue SaaS company?