Startup Professionals Musings

DECEMBER 30, 2016

I still hear often the dream of a free service to users, supported by advertising, per the Facebook model. Business founders need deep pockets for this model. Hyperlocal in New York City is different from hyperlocal in Kansas. Monetization may require multiple business models.

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New York City Kansas Advertising Cash Position 158

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.

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Revenue Technical Review Software Review Equity 60

Both Sides of the Table

MAY 7, 2011

Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice. Joel met his co-founder for Fog Creek software and learned a valuable management lesson. We know that because we’ve done research into what it takes to launch a new community.

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Software Review Software St. Louis API 285

Steve Blank

NOVEMBER 7, 2013

For most big, established companies like us, our business models were developed years—even decades ago. We’ve built up strength in executing our business model, not creating new ones. In fact, I believe the movement is now mainstream—startups, VCs, accelerators, are no longer “new.”. And why wouldn’t it be?

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Steve Blank

AUGUST 8, 2016

And no amount of business success is enough if you don’t have time with your family. Values – who and what founders and customers hold dear – were the focus on today’s Entrepreneurs are Everywhere radio show. Ryan Smith , co-founder of Qualtrics insight platform. Ryan Smith. Joining me in the Stanford University studio were.

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Cofounder New York City Entrepreneur New York 145

Steve Blank

AUGUST 8, 2016

And no amount of business success is enough if you don’t have time with your family. Values – who and what founders and customers hold dear – were the focus on today’s Entrepreneurs are Everywhere radio show. Ryan Smith , co-founder of Qualtrics insight platform. Ryan Smith. Joining me in the Stanford University studio were.

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Cofounder New York City Entrepreneur New York 120

online.wsj.com

SEPTEMBER 23, 2012

Loading… New York. Loading… Business. When youve bootstrapped a business where youre not drawing a salary and depleting whatever savings you have, thats one of the very difficult things to do," says Toby Stuart, a professor at the Haas School of Business at the University of California, Berkeley.

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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.

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Startup Lessons Learned

JUNE 5, 2009

One way to conceive of our goal in an early-stage venture is to incrementally “fill in the blanks&# for the business model that we think will one day power our startup. For example, say that your business model calls for a 4% conversion rate – as ours did initially at IMVU.

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San Francisco Lean Continuous Deployment Startup 102

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

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Cofounder Business Model IPO Non-Compete 28

ReadWriteStart

JUNE 22, 2012

Guest author Arie Abecassis is co-founder of AppStori, a crowdfunding startup for entrepreneurs of mobile apps, and a Venture Partner at DreamIt Ventures. He’s been actively involved in the New York tech community as an entrepreneur and investor, and currently sits on the boards of SeatGeek, Adaptly and BiznessApps.

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Startup Lessons Learned

APRIL 18, 2010

Myth: Lean Startups are small bootstrapped startups. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated. Myth: Lean Startups are small bootstrapped startups.

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Lean San Francisco Continuous Deployment Startup 167

ReadWriteStart

AUGUST 11, 2011

Tom from Omaha, Nebraska, shared an update about what is going on in that part of the world, as did other audience members from New York City, Israel, and Columbus, Ohio. On the topic of business models, Spencer proposed building traffic and then selling the company, which I pushed back on. About Sramana Mitra.

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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. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. work at home.

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Technical Review Due Diligence Silicon Valley San Jose 31

Professor VC

OCTOBER 11, 2010

According to the Business Insider, he was actually arrested in a different place and time. Co-founder Dustin Moscovitz is referred to as a programmer, but he is actually an operations guy. Several weeks after Zuckerberg and the team move to Palo Alto for the summer, co-founder Eduardo Saverin finally pays a visit. Newer Post.

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Social Network Networking Software Review San Jose 28

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. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. Survey says VC's invest on Gut Instinct. ► July.

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Technical Review Early Stage San Jose Angel Investor 38

Steve Blank

MARCH 22, 2016

The latest guests on Entrepreneurs are Everywhere shared what they learned from having their ideas rejected and how those lessons propelled their businesses forward. It follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more.

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Professor VC

JANUARY 27, 2008

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. or one or more exits as a start-up founder, you were enticed to become a partner on Sand Hill Road, or as some call it, jumping over to the dark side.

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San Jose Technical Review Angel Investor Venture Capital 28

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. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. Survey says VC's invest on Gut Instinct. ► July. (1). ► May.

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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.

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Oregon San Jose Angel Investor Silicon Valley 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).

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San Jose Technical Review Norway Angel Investor 28

Professor VC

APRIL 1, 2010

I will be speaking on a related topic next week at an SVASE event in Palo Alto, " Founders vs. Investors - Are we all on the same page " Hope to see some of you there and promise I wont show up in my pajamas. Bootstrapping 101. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. Steve Bennet.

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Term Sheet Angel Investor San Jose Venture Capital 32

This is going to be BIG.

DECEMBER 26, 2011

New York has quickly become one of the best places in the world to start a company, but if you look at demographics, Brooklyn is a unique area whose innovator and maker population outnumbers most other cities in the country. Credit cards "just work" and peer to peer transactions just aren't big enough to bootstrap a network.

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Austin Startup

MAY 3, 2017

All that said, I have started and moderate the Texas Startups group , as the uniqueness of the Texan economy, the distinction of our collective schools, the opportunity presented by the industries herein, and substantial migration of people from the coasts in to Texas, are all driving our new economy; an economy of innovation driven by Texas.

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Texas Startup Silicon Valley Bootstrapping 48

Professor VC

JANUARY 17, 2008

While currently free to angel groups, their business model revolves around aggregating the angel investment data. There needs to be enough equity to go around for founders, early investors, later investors, and employees. Now the investors have 65% (35% for first round and 30% for second round), while founders have 35%.

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Pre-Money Valuation Angel Investor Angel Groups Valuation 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. Bootstrapping 101. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. ► July. (1).

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San Jose Angel Investor Venture Capital Balance Sheet 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. Dan Gordon, founder of Gordon Biersch , came by my class this week. Bootstrapping 101. Survey says VC's invest on Gut Instinct. ► May.

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Technical Review San Jose Angel Investor Silicon Valley 28

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.

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San Jose Technical Review Venture Capital Angel Investor 31

Professor VC

NOVEMBER 19, 2009

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. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. Survey says VC's invest on Gut Instinct. ► July. (1). ► May.

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San Jose Silicon Valley Las Vegas Venture Capital 43

Professor VC

JUNE 20, 2011

Since the iControl system chronicles all meetings, I was able to find the automatic picture snapped from my first meeting with the founders, Reza Raji and Chris Stevens on April 22, 2004. Now that iControl has raised over $100M, this got me thinking back to our original business plan. Bootstrapping 101. ► July. (1).

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San Jose Angel Investor Term Sheet Venture Capital 28

Startup Lessons Learned

AUGUST 8, 2009

I continue to work on additional programs and products for bootstrapped and angel-backed startups, as well as for enterprise and future entrepreneurs. I love the business model. No departments The Five Whys for Startups (for Harvard Business R. We are really looking forward to this.one day wasn't enough! Great idea.

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Professor VC

FEBRUARY 18, 2011

Techcrunch called it one of the " most like-minded and forward-thinking acquisitions I’ve ever seen " I met with the founders of CardMunch several months ago when they were out raising their Series Seed round. This is a cool way to solve the stack of business cards sitting on your desk and through geocoding lets you know where you met.

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Acquisition San Jose Angel Investor IPO 31

Professor VC

OCTOBER 26, 2010

Ive written about this before and I certainly wasnt the only one, but what a great business. That is well over 10% of capacity and certainly answers the chicken and egg question founder Jeff Fluhr was asked many times in the early days. Bootstrapping 101. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong.

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Professor VC

JANUARY 20, 2009

Ill share a few points about how we were successful, but most of the credit goes to Benjamin Wayne , founder and CEO of Fliqz, a passionate, strategic and tactical executive. Many companies that have raised capital are going to need to spend it wisely to win and others will be forced to bootstrap. Bootstrapping 101. at 7:33 AM.

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Professor VC

MAY 30, 2009

Labels: bootstrapping , business plans , entrepreneurship. We have invested a combination of ~$20K in founder financing and ~$200k in vendor financing. ► September. (1). Bootstrapping 101. The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong. Share to Twitter Share to Facebook.

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San Jose Angel Investor Silicon Valley Bootstrapping 28

Professor VC

FEBRUARY 26, 2010

The formula will be based on the founders experience, schools they attended and other background information to gauge the likelihood of success. This certainly gives new meaning to " drive by investing " which became popular in the late 90s. ► September. (1). Bootstrapping 101. ► July. (1). ► May. (1).

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San Jose Silicon Valley Venture Capital Angel Investor 28

sivers.org

JUNE 25, 2010

The programmer will probably not understand your business model, and therefore cant help you point out anything that doesnt make sense in the requirements. Programmers, and certainly not the visionary founders, are the most qualified for that task. #6 Co-founders and outsourcing work the same. Insightful. Thanks much.

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