Steve Blank

SEPTEMBER 5, 2018

Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

David Teten

NOVEMBER 26, 2019

I encourage entrepreneurs to correct course with a re-forecast early and often. So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility. Instead, managing to a rolling forecast/budget is much better.

Agile 60

Agile Management Forecast Silicon Valley 60

Both Sides of the Table

MARCH 30, 2016

Mark dutifully went to partner meetings, back-channel references began, firms started calling existing VCs to “test prices” and we started debating whom our best partner would be. Here are some stats to give you a sense: • Year over year revenue grew 51% in 2015 and we’re forecasting the same again for 2016.

Balance Sheet 150

Balance Sheet Burn Rate Valuation Forecast 150

Both Sides of the Table

FEBRUARY 14, 2016

Valuing any company can be difficult because it requires a degree of forecasting future growth & competition and ultimately the profits of the organization. Most are sitting on large portfolios of private companies that are raising money now or will need to do so in the future and they know that they’re up against some headwinds.

Valuation 150

Valuation Down Round Startup Later Stage 150