Startup Professionals Musings

APRIL 24, 2011

billion to work across 738 financing deals with U.S. billion jump in funding over the same quarter of 2010 with a similar number of deals, so it clearly shows a trend to larger deal sizes for fewer startups. To me, this indicates that venture capitalists (VCs) are looking for business, but not from first-time startups.

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

Tim Keane

JUNE 21, 2011

« How should I finance my new venture? How to prepare a sales forecast for a business plan. First develop a business model.   If you've been through a plan review with someone like a potential investor, think for a moment about the questions you get asked. First develop a business model.

Forecast 68

Forecast Business Plan Sales Wisconsin 68

blog.captainrecruiter.com

MARCH 8, 2012

Sunday, August 15, 2010. These professionals can help with anything from finance to marketing, but you wont find any software engineers volunteering their services. If you want to build a business that requires software, be prepared to invest a little money. After a few months, the demo site won a business plan competition.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

Up and Running

MAY 16, 2016

From 2010 through 2015, the industry saw a moderate but steady four percent growth. Step 1: Formulate your business plan. If you’ve never written a business plan before, you can find out more about the process here on Bplans. That list of key starting expenses will include: Business development. population.

North America 95

North America United States Technical Review America 95

Tim Keane

JANUARY 12, 2010

Bottom Up Market Sizing » January 12, 2010. Please see later version of this post on May 16, 2010 Entrepreneurs are often not experts in the area of term-sheet negotiations and all of the surrounding issues. « Power of Angel Investing in Milwaukee | Main. Term-sheets and Valuations: Thinking about Negotiations.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

rob.by

MARCH 8, 2012

Tuesday, August 17, 2010. It means they have to deal with finances and customers and investors and other things that aren’t what they love to do, which is building software. 14 comments: Tuesday, August 17, 2010 dpickett says: Great post, man! Tuesday, August 17, 2010 e.p.c. Wednesday, August 18, 2010 Nick P.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

YoungUpstarts

APRIL 19, 2012

Sophomores Erik Brust, Connor Wray, Andrew Sather, and Kilian Wald (pictured) bonded as first-year students through their self-formed investment club, and in 2010 they decided to start a business that would combine an alternative dessert with locally available ingredients. Olaf President David R.

Minnesota 145

Minnesota Wisconsin Distribution Business Model 145

Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) Some of these are questions that would be addressed in a business plan. Others you need to know when you execute the plan.

Vertical 125

Vertical Silicon Valley RSS Marketing 125

www.xconomy.com

JUNE 9, 2012

Here’s some big news for San Diego’s innovation economy: There’s a new venture capital firm in town—and its investment methodology represents a fundamentally different approach to the conventional business model for venture investing. venture investments since 1987.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? How many are there?

Customer Development 267

Customer Development Developer Customer Silicon Valley 267

Professor VC

NOVEMBER 19, 2009

May 14, 2010 10:56 PM. June 3, 2010 9:50 AM. November 11, 2010 9:52 AM. November 11, 2010 1:56 PM. ► 2010. (7). If you are interested in getting involved in the E-Lab, there are a few opportunities. Steve Bennet. LK, Always good to hear from former students. is a big goal of ours at SJSU. Steve Bennet.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

www.startuplessonslearned.com

MAY 4, 2012

At the company level, founders learn about the flaws in their initial plans and adjust the startup’s strategy, business plan,and business model. At the individual level, as the strategy and business model shift,the skills of some founders become more important than the skills of others and roles often shift.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

Cracking the Code

SEPTEMBER 18, 2018

Unfortunately, the level of adoption was not quite what it needed to be and in 2010, the team realised that a new strategy was needed. Jon and Pierre working on the first business plan in 2007 A few brainstorming sessions later, and a new strategy was born. Series A investment from Alven and Kernel (Pierre’s investment fund).

Software 48

Software France Germany New York 48

Professor VC

DECEMBER 18, 2008

Many entrepreneurial programs feature a business plan competition, which is a great exercise. At SJSU, we also have a business plan competition in the spring, which ideally allows the students to build a viable business model around their NIF projects. ► 2010. (7). ► February. (1).

San Jose 28

San Jose Silicon Valley Technical Review Angel Investor 28

Growthink Blog

JUNE 14, 2017

Warby Parker is an online store for prescription sunglasses and eyeglasses that since their founding in 2010 has taken the Lenscrafter “eye doctor in a mall” concept and fully “Internet-ized” it. Very many companies have as their business model distributing / reselling, - i.e For profitable reselling, Grainger. Warby Parker.

Disintermediation 59

Disintermediation Business Model B2B Revenue 59

Professor VC

MAY 29, 2008

An entrepreneur will pitch their business plan to what they think is a group of angel investors and will get a number of follow-up calls afterwards, but they are pitches for services not investment interest. ► 2010. (7). I also teach Entrepreneurial Finance at San Jose State. ► February. (1).

Angel Investor 28

Angel Investor Angel Groups Accredited Investor San Jose 28

Up and Running

FEBRUARY 9, 2015

That is a mistake and I’m going to teach you how to get to the nitty-gritty of that, so that you make sure that the day you open your business you know who your target customer is. We’re also going to talk about developing a business plan. I want you to have a plan for success, so we’re going to talk about that.

Social Media 60

Social Media Small Business Software Review Technical Review 60

Professor VC

FEBRUARY 12, 2008

I first met Jeff about 8 years ago when he was finishing his first year at the Stanford GSB and was beginning to raise money for a business plan he developed for a secondary market ticket exchange. However, I was glad to see they were able to raise financing and launch the service. ► 2010. (7). Anonymous said.

San Jose 31

San Jose Technical Review Venture Capital Angel Investor 31

Tim Keane

AUGUST 21, 2006

If my process of reviewing a business plan helps the entrepreneur to align the performance plan with my growth expectations and then to base the plan on a "reasonable" set of assumptions that subsequently prove to be optimistic, who is to blame? Will it happen? Posted at 03:14 AM in Startup ideas | Permalink.

Milwaukee 60

Milwaukee Due Diligence Wisconsin Angel Investor 60

Tim Keane

DECEMBER 30, 2009

Understand finance.  Never, ever “let Mikey do it.”  Know, yourself, how your venture is financed, what the alternatives are, and when you will know it is time to execute them.  Giving up for lack of funding for plan A just means you haven’t thought about it deeply enough. . Understand finance.

Wisconsin 60

Wisconsin Milwaukee Angel Investor Committed Capital 60

Steve Blank

MAY 18, 2009

You literally have to take your vision of the opportunity and against all rational odds assemble financing, and a team to help you execute. You literally have to take your vision of the opportunity and against all rational odds assemble financing, and a team to help you execute. And that’s just to get started.

Founder 310

Founder Silicon Valley RSS China 310

Tim Keane

SEPTEMBER 15, 2008

Steve Belkin , owner of the Atlanta Hawks, couldn't get his first deal financed and wound up cobbling together a friends and family round to start his travel company in the 70s. October 2010. September 2010. Greg Gianforte: Bootstrapping Your Business: Start And Grow a Successful Company With Almost No Money.

Wisconsin 60

Wisconsin Atlanta Entrepreneur Angel Investor 60

Professor VC

AUGUST 26, 2011

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. Is the model consistent with the business plan? Does the business model make sense?

Silicon Valley 35

Silicon Valley San Jose Hockey Stick Venture Capital 35

Tim Keane

MARCH 4, 2011

How should I finance my new venture? October 2010. September 2010. Greg Gianforte: Bootstrapping Your Business: Start And Grow a Successful Company With Almost No Money. John Mullins: Getting to Plan B: Breaking Through to a Better Business Model. Startups and angels: Along the way to success.

Wisconsin 60

Wisconsin Bootstrapping Angel Investor Startup 60

Professor VC

JUNE 20, 2011

Financing, that is.I Now that iControl has raised over $100M, this got me thinking back to our original business plan. One truth of start-up financing is that it generally takes twice as long and twice as much money to accomplish your milestones. As I said up front, I have mixed emotions about the financing.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Tim Keane

SEPTEMBER 8, 2006

That does not apply to every operational issue - but it sure applies to strategy and finance. That does not apply to every operational issue - but it sure applies to strategy and finance. October 2010. September 2010. Greg Gianforte: Bootstrapping Your Business: Start And Grow a Successful Company With Almost No Money.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Startup 60

Tim Keane

JUNE 22, 2006

If lowered risk translates into higher valuations when the business either attracts investors or is sold, then lowering risk for the lowest possible dollars creates very high returns. For instance, if a business plan with a sound idea is interesting, it may be valued at or below $1MM. October 2010. September 2010.

Valuation 60

Valuation Wisconsin Angel Investor Startup 60

Tim Keane

MAY 9, 2006

The entrepreneur has the opportunity to master the intricacies of his business process; his customers minute but important expectations; venture financing; people management. October 2010. September 2010. Greg Gianforte: Bootstrapping Your Business: Start And Grow a Successful Company With Almost No Money.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Startup 60

Professor VC

MAY 30, 2009

We held our annual business plan competition at San Jose State this month and first prize was $10,000. Ryan was actually working on another business plan for my class when he came to discuss this concept with me a few weeks before the business plan competition. ► 2010. (7). 2 comments: Dave.

San Jose 28

San Jose Angel Investor Silicon Valley Bootstrapping 28

Tim Keane

OCTOBER 30, 2007

In another company, the finance manger decided to cancel the software maintenance fee for the company management system since the company never called the help desk. In another company, the finance manger decided to cancel the software maintenance fee for the company management system since the company never called the help desk.

Wisconsin 68

Wisconsin Architecture Startup IP 68

The Next Web

AUGUST 26, 2012

In November 2010 we launched Whatser : an application that made it easy to get personal suggestions on where to go such as bars, restaurants, galleries, shops and other spots based on your location, interest and social graph. Although we got some early traction, we were unable to prevent a bankruptcy from happening in October 2011.

Bankruptcy 121

Bankruptcy Technical Review Intellectual Property Due Diligence 121

Professor VC

FEBRUARY 26, 2010

Friday, February 26, 2010. Of course, given the state of venture returns, perhaps randomly picking from a stack of business plans would provide as good or better results than an entrepreneur selection algorithm or detailed due diligence. Labels: entrepreneur , seed investing , venture capital , venture financing.

San Jose 28

San Jose Silicon Valley Venture Capital Angel Investor 28

Tim Keane

APRIL 24, 2006

Last night, Bob Zieserl, Venture Capitalist, and general partner at Stratus Ventures, was the keynote speaker at the Marquette University Business Plan Competition. Reducing risk for the next round of financing yields a higher investment value. Reducing risk for the next round of financing yields a higher investment value.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Venture Capital 60

VC Cafe

JULY 5, 2010

Group picture of the Battery Ventures Entrepreneurship workshop in Tel Aviv, 2010. We opened each case study discussion with an analysis of the venture in question using the People, Opportunity, Context and Deals (POCD) model outlined in the Harvard Business Review article ‘ Some Thoughts on Business Plans ’.

Software Review 116

Software Review Technical Review Community Due Diligence 116

Professor VC

SEPTEMBER 26, 2008

As I am quoted in the article, it is easy to pick holes in a business plan. How passionate are the entrepreneurs about their business? Does the business model pass the smell test? ► 2010. (7). I also teach Entrepreneurial Finance at San Jose State. Can they recruit and get others excited?

Angel Groups 28

Angel Groups San Jose Early Stage Angel Investor 28

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication?

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378