Up and Running

APRIL 27, 2020

There’s a great amount of uncertainty, people losing their jobs, and a direct hit on cash flows that can place businesses in dire straights. Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway.

Software Review 113

Software Review Lean Forecast Business Plan 113

Steve Blank

NOVEMBER 18, 2010

A business plan has a set of assumptions (who’s the customer, what’s the price, what’s the channel, what are the product features that matter, etc.) that make up a business model. Yet by first customer ship most of the business model hasn’t been validated or tested. Pivots Versus Crises.

Burn Rate 247

Burn Rate Management Business Model Customer Development 247

Steve Blank

AUGUST 27, 2012

It was great to watch him embrace the spirit and practice of customer development. Tossing their agile development process and at times their entire business model in the air, the company would go into fire-drill mode and engineering would start working on whatever his latest insight was. he’d declare. “We

Founder 316

Founder Cofounder Advisory Board Burn Rate 316

Tim Keane

DECEMBER 14, 2009

  Paul goes on to develop the story of "vanilla" documents prepared by the angel's attorney.    Groups tend to use more standard terms and -- more important -- develop an understanding of what they really do want.   A low burn rate is a pearl of great price.    Yup. 

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Steve Blank

FEBRUARY 22, 2010

Startups that are searching for a business model need to keep score differently than large companies that are executing a known business model. Yet most entrepreneurs and their VC’s make startups use financial models and spreadsheets that actually hinder their success. Managing the Business. Here’s why.

Balance Sheet 298

Balance Sheet Startup Burn Rate Metrics 298

Professor VC

JULY 22, 2009

The burn rates of my portfolio companies is certainly top of mind right now, but thats not what this post is about. Since Im not a fan of any of those genres, I have been looking forward to the release of his latest work, Burn Rate. ProfessorVC. The last blogger in Silicon Valley. Wednesday, July 22, 2009. Steve Bennet.

Burn Rate 28

Burn Rate San Jose Silicon Valley Angel Investor 28

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Jonathan Swift.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

Customer Development 242

Customer Development Developer Customer Silicon Valley 242

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Jonathan Swift.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Startup Professionals Musings

AUGUST 7, 2015

How the solution and business model work to fund the business. Investors will impatiently expect a winning business model, customer segment definitions and volume projections. Investors will impatiently expect a winning business model, customer segment definitions and volume projections.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

YoungUpstarts

MAY 20, 2015

While certain processes and strategies may have worked for a business early on, a rapidly increasing customer base and the increased bandwidth needed in response will often bring those very same process to their natural breaking point. Burn rate: Seeing company grow fast is both exciting and overwhelming experience.

Colombia 100

Colombia Burn Rate Startup Agile 100

Early Growth Financial Services

MARCH 26, 2013

If you haven’t yet found a viable business model that will allow you to acquire customers at a lower cost than the lifetime value of that customer, you simply are not ready to scale. Your burn rate … Continue reading → But you can ready your company by focusing on your finances first.

Burn Rate 53

Burn Rate Startup Business Model Finance 53

ReadWriteStart

JUNE 13, 2011

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Here's how.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

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". The written style is very prompt and the highly practical manners. work at home. May 1, 2011 10:32 PM. ► October. (1).

Technical Review 31

Technical Review Due Diligence Silicon Valley San Jose 31

Professor VC

SEPTEMBER 26, 2011

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

Technical Review 38

Technical Review Early Stage San Jose Angel Investor 38

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. You can register for the next roundtable here.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Professor VC

DECEMBER 18, 2008

Many entrepreneurial programs feature a business plan competition, which is a great exercise. At SJSU, we also have a business plan competition in the spring, which ideally allows the students to build a viable business model around their NIF projects. She has developed a new twist on the micro-lending concept.

San Jose 28

San Jose Silicon Valley Technical Review Angel Investor 28

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. cant wait to go back, which is clearly goal #1 in the list of critical success factors if anyone is still following the business model tangent. Labels: Bandon Dunes , business models , golf.

Oregon 28

Oregon San Jose Angel Investor Silicon Valley 28

Professor VC

SEPTEMBER 16, 2010

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

Technical Review 38

Technical Review San Jose Angel Investor Silicon Valley 38

Professor VC

JANUARY 27, 2008

In addition to the case study analysis, the students also have the opportunity to develop a business model and financial model for a new concept, which always proves a lot more challenging. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). ► July. (1).

San Jose 28

San Jose Technical Review Angel Investor Venture Capital 28

Professor VC

JULY 31, 2008

This whole process got me thinking about the textbook business model. Similar to the textbook business, the music business BN (before Napster) was controlled by the labels. The Dead developed an avid fan base (aka Deadheads) who attended mutliple shows on each tour and traded bootleg tapes of their favorite shows.

San Jose 28

San Jose Software Review Angel Investor Silicon Valley 28

Professor VC

MARCH 10, 2009

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

Bootstrapping 28

Bootstrapping San Jose Silicon Valley Software Review 28

YoungUpstarts

AUGUST 19, 2016

Developing your product is just the beginning. While you absolutely need to keep an eye on earnings and burn rate, human capital is ultimately the fuel that makes the machine run. Talent development can even strengthen a company’s investment portfolio. Then come the marketing, sales, and accounting considerations.

Startup 100

Startup Burn Rate Cofounder Salary 100

Professor VC

APRIL 7, 2011

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

Professor VC

APRIL 1, 2010

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

Professor VC

MAY 29, 2008

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

Angel Investor 28

Angel Investor Angel Groups Accredited Investor San Jose 28

Startup Professionals Musings

JUNE 9, 2012

Your “burn rate” or net cash flow out is usually the single most important survival parameter to a startup. Just the process of doing financial projections allows you to see areas of strength and weakness in your proposed business model, thus enabling you to make critical adjustments sooner. Cash flow is king.

Forecast 238

Forecast Burn Rate .Net Business Model 238

Startup Professionals Musings

JULY 15, 2013

Your “burn rate” or net cash flow out is usually the single most important survival parameter to a startup. Just the process of doing financial projections allows you to see areas of strength and weakness in your proposed business model, thus enabling you to make critical adjustments sooner. Cash flow is king.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Professor VC

APRIL 11, 2008

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

San Jose 28

San Jose Angel Investor Venture Capital Balance Sheet 28

Professor VC

JUNE 6, 2008

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

San Jose 28

San Jose Technical Review Norway Angel Investor 28

Professor VC

FEBRUARY 26, 2008

I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1). Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct. ► July. (1).

Technical Review 28

Technical Review San Jose Angel Investor Silicon Valley 28

pandodaily.com

JULY 18, 2012

But it’s possible that as the secret sauce of new media swings farther from disruptive technology and business models to a focus on curated and quality content, it’s the older entrepreneurs who are in the pole position. That aesthetic took decades to develop. That’s the beauty of a great content business.

Entrepreneur 45

Entrepreneur San Francisco Silicon Valley Technical Review 45

Professor VC

NOVEMBER 19, 2009

I'm doing a new academic experiment now - an incubator at Menlo College where we are bringing the start-ups to campus and giving the students an opportunity to see how they develop and work as interns. Will write about this in an upcoming post. November 11, 2010 1:56 PM. Lafayette Jefferson said. Can entrepreneurship be taught?

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

Professor VC

SEPTEMBER 16, 2008

I do have one investment in a company that has developed a platform for in game mobile advertising - Greystripe. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1).

San Jose 28

San Jose Technical Review Angel Investor Silicon Valley 28

Professor VC

JANUARY 17, 2008

While currently free to angel groups, their business model revolves around aggregating the angel investment data. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases. Can Entrepreneurship Be Taught? ► October. (1).

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Professor VC

FEBRUARY 12, 2008

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. I started thinking about this yesterday when Jeff Fluhr, founder of Stub Hub spoke at my San Jose State class. ► October. (1).

San Jose 31

San Jose Technical Review Venture Capital Angel Investor 31

Startup Professionals Musings

MARCH 22, 2011

Your “burn rate” or net cash flow out is usually the single most important survival parameter to a startup. Just the process of doing financial projections allows you to see areas of strength and weakness in your proposed business model, thus enabling you to make critical adjustments sooner. Cash flow is king.

Forecast 230

Forecast Burn Rate Startup .Net 230