Sophia Perl of Wisdom

NOVEMBER 9, 2010

Some of the finalists were generating revenues already and/or have very promising strategic partnerships lined up. Use the 10-5-3-1 formula for raising money: Have 10 great meetings with investors, 5 of those do detailed due diligience on your company, get 3 term sheets, and 1 transfer into your bank account!

CTO Hire 49

CTO Hire Cofounder Fractional CTO San Francisco 49

Sophia Perl of Wisdom

NOVEMBER 9, 2010

Some of the finalists were generating revenues already and/or have very promising strategic partnerships lined up. Use the 10-5-3-1 formula for raising money: Have 10 great meetings with investors, 5 of those do detailed due diligience on your company, get 3 term sheets, and 1 transfer into your bank account!

CTO Hire 40

CTO Hire Cofounder Fractional CTO San Francisco 40

reidhoffman.org

NOVEMBER 12, 2013

we had no revenue. But with so many investors still licking their wounds from the dot-com bust, many focused on proven business models, such as advertising or e-commerce. As a result, we knew that our pitch would need to steer into investors’ biggest concern: the lack of revenue. Investors see a lot of pitches.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Startup Professionals Musings

MAY 15, 2016

Bill was relentless in his focus on getting the software PC DOS project delivered, while continually challenging us with new business models. If you or your team sees you as an idea person, your first task as an entrepreneur should be to find a co-founder who can deliver. Tailor investor proposals and term-sheets.

Cofounder 120

Cofounder Term Sheet Acquisition Metrics 120

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. The 11 Steps of Investing in Private Companies.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

JANUARY 4, 2010

A first order filter is whether the founders are aiming for a scalable startup. Now with customers and early revenue, it was out raising its first round of venture money. Staring at us in the board meeting were three term-sheets from brand name VC’s and an unexpected buy-out offer from Google. Go For Broke.

Hockey Stick 293

Hockey Stick Venture Capital Startup Cofounder 293

Startup Professionals Musings

MAY 9, 2015

Bill was relentless in his focus on getting the software PC DOS project delivered, while continually challenging us with new business models. If you or your team sees you as an idea person, your first task as an entrepreneur should be to find a co-founder who can deliver. Tailor investor proposals and term-sheets.

Cofounder 120

Cofounder Startup Term Sheet Acquisition 120

grasshopperherder.com

SEPTEMBER 24, 2011

« Thanks but No Thanks – Things to Avoid When Recruiting Co-founders Why is Cyber Squatter a Bad Word? Some have been as co-founder, most have been as a consultant with the possibility of becoming an paid employee, “as soon as we close our funding round.” The Value of Entrepreneurship » -->.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

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.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Both Sides of the Table

FEBRUARY 14, 2016

When I was an entrepreneur there was no public information about how term sheets worked or how investors thought. forward revenue for SaaS businesses when in the years before it had been less than 5x. Many founders don’t understand why inside rounds are so difficult. All of these are false.

Valuation 150

Valuation Down Round Startup Later Stage 150