Steve Blank

JUNE 1, 2011

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. A veteran board can bring 50-100x more experience into a board meeting than a first time founder. From a founder’s point of view there are three reasons for board meetings. The Wrong Metrics.

Silicon Valley 269

Silicon Valley Business Model Venture Capital Balance Sheet 269

Both Sides of the Table

MAY 19, 2018

A detailed financial model that shows your anticipated revenue, costs and profits (Income Statement) as well as your balance sheet and cashflow statements. So junior analysis of your company is also often where initial due diligence goes to die unless you can be sure that the investment partner is also willing to engage.

Cap Table 336

Cap Table Due Diligence Forecast Churn Rate 336

Berkonomics

DECEMBER 18, 2014

We never saw, and he never mentioned the balance sheet and cash position. So those expenditures were not reviewed by the board which had not been given a balance sheet to examine. Spending had continued out of control, much of it for inventory and assets – neither of which appear on the income statement.

Balance Sheet 71

Balance Sheet Burn Rate Cash Position Forecast 71

Up and Running

FEBRUARY 17, 2016

Word of mouth is no substitute for market research, says Ben Price, co-founder of Hard Knocks Brewing, a small brewpub in its second year of operation. Co-founders Jamie Floyd and Nikos Ridge leased their startup system from a family running a German restaurant out of a former brewpub. Metrics: Know your numbers. Relationships.

Oregon 60

Oregon Jordan SBA Cofounder 60

ReadWriteStart

JUNE 13, 2011

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. A veteran board can bring 50-100 times more experience into a board meeting than a first-time founder. Founders who have a great board do recognize the uncanny pattern recognition skills that good VCs bring.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Reid Hoffman

JUNE 8, 2021

While many travel industry leaders chose to “go dark,” as Airbnb CEO and co-founder Brian Chesky put it , while they decided how to navigate next steps, Chesky took a different approach: He got candid. Greylock Partners · Brian Chesky | People-First Capitalism. So we have to think of ourselves as partners. EPISODE TRANSCRIPT.

Silicon Valley 69

Silicon Valley Hosting Rhode Island Design 69

Ben's Blog

AUGUST 17, 2020

When speaking with founders and private growth investors, we hear countless references to “multiples paid” on current or near-term revenue; both obsess over this because a higher multiple translates to a higher valuation. A multiple is a company value divided by a metric.

Valuation 36

Valuation Balance Sheet Cofounder Forecast 36

Startup Lessons Learned

JUNE 9, 2020

I've known Brian Chesky, Co-Founder, CEO and Head of Community at Airbnb for a long time. A complete collapse of revenue that simultaneously affects your employees and your customers, your partners, your investors, everyone all at once and all the news is bad. People, not just metrics. So then what? Broadly shared prosperity.

Silicon Valley 60

Silicon Valley Hosting Cofounder Employee 60

Up and Running

MARCH 11, 2015

As the former co-founder and CEO of two technology companies, Caroline has experienced both start-up failures and successes, and has raised close to $1 million in investment capital. You should have a good solid executive summary, you should have full financials, and that means a projected balance sheet, P&L and cash flow.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

Ben's Blog

APRIL 1, 2011

Organizational design, process design, metrics, hiring and firing were all relatively straightforward skills to master compared to keeping my mind in check. At Loudcloud, when the dot com bubble burst and subsequently sent most of our customers into bankruptcy, it crippled our business and devastated our balance sheet.

Management 78

Management Cap Table Balance Sheet Bankruptcy 78

Reid Hoffman

JUNE 8, 2021

While many travel industry leaders chose to “go dark,” as Airbnb CEO and co-founder Brian Chesky put it , while they decided how to navigate next steps, Chesky took a different approach: He got candid. Greylock Partners · Brian Chesky | People-First Capitalism. So we have to think of ourselves as partners. EPISODE TRANSCRIPT.

Silicon Valley 36

Silicon Valley Hosting Rhode Island Design 36

Up and Running

MAY 15, 2019

Word of mouth is no substitute for market research , says Ben Price, co-founder of Hard Knocks Brewing, a small brewpub in its second year of operation. Co-founders Jamie Floyd and Nikos Ridge leased their startup system from a family running a German restaurant out of a former brewpub. Metrics: Know your numbers. Is it losses?

Oregon 24

Oregon Jordan Software Review Distribution 24