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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. The browser and thus the WWW and the first Internet businesses were born circa 1994–95 and there was a golden period where anything seemed possible. There was no money train. It was 1991. We still loved every moment. People were building.

Valuation 466
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Nonprofit Policy Review Checklist

Board Effect

The National Council of Nonprofits recommends that nonprofit boards review their policies on an annual basis. It’s important to conduct an annual review of your policies so that your nonprofit organization remains in legal compliance and avoids liability issues. Take as many meetings as you need to do a thorough review.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

it is also the title of a fabulous book from Internet 1.0 We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. In startup world low GM almost always equals death which is why many Internet retailers have failed or are failing (many operated at 35% gross margins).

Burn Rate 383
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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup.

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7 Key Insights You Can Get From Analyzing Your Financial Statements

Up and Running

Start by doing monthly financial statement analysis on your cash flow statement , income statement , and balance sheet. If you’re not sure where to start or what you’re looking for when you do this type of review, check out this guide. . Review your financial statements often. against your current operating needs.

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How to Raise Startup Funding from Unlikely Angel Investors

Up and Running

Angels invest in one out of every forty deals they review (2.5%) versus the one out of 400 by VC’s (0.25%). They are professionals with full-time jobs, who often don’t have time for due diligence (and may not even know how to do it) and often make decisions through trusted referrals or based on gut feelings (more on gut feelings later).

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15 Ways A Brand New Small Business Can Look Established

YoungUpstarts

Hire a professional, or at the least, use inexpensive design software like Tailor Brands to create a great logo yourself. Create a schedule to knock out a handful each week during your first year in business, or look at different local marketing software that can handle it for you. Or reviews! Don’t skimp on a logo.