Remove Bootstrapping Remove Burn Rate Remove Finance Remove Sales
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ProfessorVC: Bootstrapping 101

Professor VC

Bootstrapping 101. I moderated a panel discussion last night on one of my favorite topics, bootstrapping, as part of our Silicon Valley Center for Entrepreneurship Eminent Speaker Series at San Jose State. They have a standard presentation on bootstrapping, which they present around the country. Bootstrapping 101.

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Dragons, Bootstrapping and Women in Tech

Up and Running

What about bootstrapping? Nelson has some tips: Know your burn rate. And this isn’t just for your business, but as many startup founders know, your personal finances can matter just as much (especially if you aren’t profitable yet). Yesware is a sales and tracking gmail extension. Be hyper-focused.

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Strategy Roundtable For Entrepreneurs: Non-dilutive Financing Through Revenue Sharing

ReadWriteStart

For a more elaborate explanation of the deal, please read my blog post 1M/1M: Alternative Financing For Startups Using A Sales Channel Partner. It certainly will be a better way to bootstrap the company. Jeff has managed to keep his burn rate very low thus far, and a slow and steady crafting of the business is working nicely.

Dilution 114
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ProfessorVC: Why I Hate Convertible Debt.Let Me Count the Ways

Professor VC

This will also serve as a good pointer for all the entrepreneurs who ask why I am not interested in their company led convertible note financing round. This can make it much more difficult to get any bank financing, new investment, and trade credit. In cases where it is truly a bridge financing (i.e. Some will just shut down.

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ProfessorVC: Where did Summer Go?

Professor VC

I actually enjoy the process of pulling together a selection of materials to create a complete course on Entrepreneurial Finance. of the sale price, respectively, according to the National Association of College Stores. The artists received very little of album sales, but kept concert and merchandise revenue. Bootstrapping 101.

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Startup Revenue Milestones

K9 Ventures

And in order to do that they need to either raise capital to be able to hire a team by paying them real dollars or recruit co-founders who are willing to share the journey based on the equity stake and bootstrap the company. But they may not have figured out the sales model just yet. DP: Edward Colman, Mary Poppins. 100K/month.

Revenue 48
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ProfessorVC: 4 Lessons of Entrepreneurship

Professor VC

As I mentioned in the previous post, Jeff Fluhr (founder of StubHub) recently stopped by my Entrepreneurial Finance class to share his 4 Lessons of Entrepreneurship with the students. He raised less financing than originally planned but was able to launch the site and was running a business by the time his classmates graduated 9 months later.