ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. The companies that have the greatest chance of surviving the global economic shutdown are the ones that have pivoted their business processes from the brick-and-mortar model to an online model.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

Professor VC

MARCH 10, 2009

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.

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Software Review 28

Gust

DECEMBER 7, 2014

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

Startup Professionals Musings

OCTOBER 5, 2015

I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. Luckily, there are some new entrants and approaches to seed-stage funding -- if you know whom to ask -- that can supplement the friends, family and bootstrapping approaches traditionally recommended.

Seed Stage 120

Seed Stage Finance Early Stage Startup 120

Up and Running

DECEMBER 23, 2019

One of the most important decisions a new business owner can make is how they’re going to finance their venture. . Bootstrapping, saving funds over years, borrowing from friends and family, taking out a bank loan and pitching investors are all viable options, but some will work better than others for your specific business. .

Finance 92

Finance Sweat Equity Bootstrapping Entrepreneur 92

Up and Running

SEPTEMBER 19, 2017

Rule 1: Bootstrap until you have a viable product. Background: Justin Klemm’s analytics and website uptime startup, Ghost Inspector , wants to revolutionize the way businesses manage their ecommerce funnels. Takeaway lesson: A shocking number of technology startups never even get their first product out the door.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

Austin Startup

FEBRUARY 13, 2019

The first one relates to the most important investor…you, the founder(s)! Bootstrap if you can, for as long as you can As a startup you’ll likely fail. Not necessarily the entire business, but at some point, something will fail and you’ll either learn from it and grow or it will be the beginning of the end.

Strategic Investors 49

Strategic Investors Austin Angel Investor Bootstrapping 49

blog.captainrecruiter.com

MARCH 8, 2012

Technical Co-Founders Are A Myth. Two years ago I got the bug to do an online recruiting startup and I began the hunt to find a technical co-founder - a software engineer who works for no cash - to help me build my dream website. I learned something: technical co-founders are a myth. Captain Recruiter. Real Advice. No Nonsense.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

Austin Startup

AUGUST 3, 2017

It might be a great idea with a solid business model but it still might not be a good fit for venture funding. If it doesn’t require much capital to get started and make money then it might be a better idea to bootstrap it. It sounds so simple, yet it’s one of the hardest things for startup founders to do.

Technical Review 69

Technical Review Startup Texas Email 69

YoungUpstarts

APRIL 12, 2018

“But I’ve also dealt with many successful entrepreneurs who were exposed to that model for bootstrapping and trying new ventures through their parents and others close to them,” he adds. “I I think that’s helped many grapple realistically with the demanding aspects of business ownership, and also set them up for success.”.

Bootstrapping 140

Bootstrapping Acquisition Cloud Business Model 140

Both Sides of the Table

FEBRUARY 20, 2012

Tracy DiNunzio isn’t your typical Silicon Valley startup founder. Unfortunately Tracy would learn first hand not much later that the business model has two components: both buying and selling. She found non-traditional financing. Without this money she wouldn’t have been able to finance operations.

Silicon Valley 363

Silicon Valley Cofounder Entrepreneur Startup 363

ReadWriteStart

JANUARY 27, 2011

And, oh by the way, we also really like the idea of the 1M/1M entrepreneurs building valuation and negotiating leverage through these business development efforts, instead of signing off large chunks of their company in form of equity early on. It certainly will be a better way to bootstrap the company. SOCO Games. million in revenue.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Startup Professionals Musings

JUNE 28, 2013

Based on the latest Startup Environment Index from the Kauffman Foundation and LegalZoom, personal money, or bootstrapping, continued to be the primary startup funding in 2012. At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

YoungUpstarts

OCTOBER 18, 2016

by Anand Srinivasan, founder of LeadJoint.com. Make no mistake, starting your own business is indeed gratifying that way, but not all startups are an escape from a regular job. The business model and investors play a critical role in shaping the independence and work-style of an entrepreneur.

Startup 100

Startup Equity Bootstrapping Early Stage 100

Rob Go

MARCH 20, 2013

What can founders do in advance to make the trough as shallow as possible? . Third, when you have PMF and growth, and you find yourself needing to really build a repeatable business model. Find good financing partners. That is – running out of cash, letting staff go, facing potential failure.

Bootstrapping 46

Bootstrapping Finance Dividend Vesting 46

Up and Running

AUGUST 17, 2022

In another case, I saw an angel investment group reject a founder who, during his presentation, blamed every setback on somebody other than himself. I’ve also seen several cases of founders who didn’t get good feedback because they wouldn’t take feedback. They want your business to be able to scale up.

Venture Capital 146

Venture Capital Intellectual Property Angel Investor Bootstrapping 146

Reid Hoffman

MARCH 19, 2019

What makes this tricky is that markets evolve, and an innovative technology or business model can transform a normal market into a Glengarry Glen Ross market. In it we explicitly state: “The real value creation comes when innovative technology enables innovative products and services with innovative business models….What

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Tim Keane

JANUARY 12, 2010

For angel groups, the distinction between groups and VCs on this issue is dwindling, especially as angel groups do bigger rounds of financing.   You can vary both valuation and term-sheet assumptions (in the gray boxes) to assess the impact on the values of the business. This is why a bottom up approach is more credible.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# It should be even more important to the founders themselves, because it demonstrates that their business hypothesis is grounded in reality. They are busy too, but they are not creating value for the company.

Customer 167

Customer San Francisco Lean Hockey Stick 167

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? VI: Revenue-based financing: The next step for private equity and early-stage investment.

Equity 78

Equity Revenue Cofounder Colorado 78

Professor VC

JANUARY 27, 2011

There are so many unknowns at this stage and the only known is that the business model is going to change at least once, or in the current most overused term in the Silicon Valley, there will be a "pivot". Bootstrapping 101. I also teach Entrepreneurial Finance at San Jose State. work at home. ► July. (1).

Technical Review 31

Technical Review Due Diligence Silicon Valley San Jose 31

Professor VC

JANUARY 27, 2008

The spring semester of my Entrepreneurial Finance class starts tomorrow. We will also look at a variety of financing methods including venture capital, angel investing, licensing, franchising, roll-up, venture debt and my old favorite, bootstrapping. Labels: entrepreneur , entrepreneurial finance course , venture capital.

San Jose 28

San Jose Technical Review Angel Investor Venture Capital 28

Up and Running

JULY 23, 2018

For months, the founders knew deep down that we were just around the corner from closing, but they just hung on to the hope that things would improve. I explained the scenario and firmly advised them to wrap up before it was too late, but the owners still wanted me to find ways to help the business survive.

Salary 72

Salary San Francisco India Bootstrapping 72

Professor VC

SEPTEMBER 26, 2011

RCSMs premise is that they can reach an investment decision (and valuation) based on an application completed by the founders and take gut feel out of the decision process. Bootstrapping 101. I also teach Entrepreneurial Finance at San Jose State. Survey says VC's invest on Gut Instinct. ► July. (1). ► May. (1).

Technical Review 38

Technical Review Early Stage San Jose Angel Investor 38

Growthink Blog

MAY 23, 2011

The typical wisdom regarding the appropriate financing course for a new company goes as follows: 1. An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. But here is the key – contrary to popular wisdom it is negatively correlated.

Angel Investor 112

Angel Investor Venture Capital Sweat Equity Cram Down 112

YoungUpstarts

JANUARY 11, 2017

by Karla Friede, CEO, co-founder, and member of the Board of Directors at Nvoicepay. Earlier this month, my co-founders and I raised our sixth round of venture capital funding for Nvoicepay. In fact, I found that if they didn’t like something about our business model, they usually didn’t say anything.

Cofounder 100

Cofounder B2B Early Stage Venture Capital 100

Professor VC

APRIL 1, 2010

One comment made by Jason was that angels tend to be less sensitive than VCs on valuation and can potentially make it difficult to get a venture financing done at acceptable valuation. Labels: Angel Investors , fundraising , term sheets , venture capital , venture financing. Bootstrapping 101. Steve Bennet. at 11:15 AM.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

Professor VC

SEPTEMBER 16, 2010

Bootstrapping 101. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. I also teach Entrepreneurial Finance at San Jose State. Survey says VC's invest on Gut Instinct. ► July. (1). ► May. (1).

Technical Review 38

Technical Review San Jose Angel Investor Silicon Valley 38

Professor VC

NOVEMBER 13, 2008

This got me thinking about the business model that Mike Keiser has built at the resort and a lecture began to form in my head. Mike Keiser (the founder of Recycled Paper Greetings) had a vision to create a true links experience in the US. Labels: Bandon Dunes , business models , golf. Bootstrapping 101.

Oregon 28

Oregon San Jose Angel Investor Silicon Valley 28

Professor VC

APRIL 11, 2008

Not to worry, I was busy working on closing the Series B financing for iControl Networks. I started working with the founders of iControl at the concept stage, prior to the first $100K of angel financing. Labels: CFO , home security , M and A , venture capital , venture financing. Bootstrapping 101.

San Jose 28

San Jose Angel Investor Venture Capital Balance Sheet 28

Professor VC

JUNE 6, 2008

It seems appropriate to have this discussion as Kent Desormeaux grabs Big Browns reins and goes after the Triple Crown tomorrow at Belmont.There is an age old debate in the venture business on whether it is better to bet on the horse (business/market) or the jockey (management team/founders).

San Jose 28

San Jose Technical Review Norway Angel Investor 28

Professor VC

JANUARY 17, 2008

While currently free to angel groups, their business model revolves around aggregating the angel investment data. He then went on to say that this type of financing was good for the entrepreneur (vs taking VC money) because they got to keep more of the company. Bootstrapping 101. for a total of $10.5M ► July. (1).

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Professor VC

FEBRUARY 26, 2008

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. His gut told him the opportunity might not be there in a year and he dropped out of business school to launch the venture. Bootstrapping 101.

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. What’s the concept of all of this that you’re talking about and then in financing? Are we doing a business loan? How important is that?

Lean 60

Lean Business Plan Video Software Review 60

Professor VC

FEBRUARY 12, 2008

I started thinking about this yesterday when Jeff Fluhr, founder of Stub Hub spoke at my San Jose State class. 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. Bootstrapping 101.

San Jose 31

San Jose Technical Review Venture Capital Angel Investor 31

Professor VC

DECEMBER 26, 2012

For those readers not already familiar with this concept, it refers to the bottleneck for Series A financing created by the increasing number of seed financings and constant number of Series A financings. in seed financing? Alas, we survived 12/21 and looks like we will have to get back to work in 2013. HELL YES!!!

Finance 48

Finance Angel Investor Private Equity Preferred Stock 48