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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. They can iterate and evolve their business idea with a low burn rate and minimal dependencies. Major platforms are available online to find Angel groups or VCs, including Gust and AngelList.

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A Perspective On When A Business Plan Adds Value

Startup Professionals Musings

Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. They can iterate and evolve their business idea with a low burn rate and minimal dependencies. Major platforms are available online to find Angel groups or VCs, including Gust and AngelList.

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Starting Startups - Startups and angels: Along the way to success

Tim Keane

  Some angel groups charge you money to pitch your idea to them.    One of the dangers of taking investment from individual angels, rather than through an angel group or investment firm, is that they have less reputation to protect.    Good angel groups, too. 

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ProfessorVC: What does it take to be an Angel Investor?

Professor VC

However, that is not always the case as there is no qualification to set out your shingle as an angel investor or form an angel group. I often wonder if saying you are an angel investor is the 21st century version of being a consultant in the early 1990s after the corporate layoffs, a euphemism for someone without a real job.

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ProfessorVC: How Much Diligence is Due.

Professor VC

It turns out the statistics related to returns were from an oft cited study on returns to investors in angel groups sponsored by the Angel Capital Association with research by Robert Wiltbank at Willamette University. Bootstrapping 101. Watch Out for the Red W(h)ine. ► September. (1). ► July. (1).

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ProfessorVC: Touched by an Angel

Professor VC

What would the VC corollary to Touched by an Angel, be. I was on a panel earlier this week with several other investors from Angel Groups in the Valley. One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups. Bootstrapping 101.

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ProfessorVC: Angie's List or AngelList?

Professor VC

There are several efforts being made to make this process better and will mention a couple below: Angel Capital Association Collaboration Committee - I was a charter member of the this group and the goal is to facilitate syndication among the angel groups via education and tools such as Angelsoft. Bootstrapping 101.