Steve Blank
MAY 17, 2010
At best I think business plan competitions are a waste of time. But until now I haven’t been able to articulate a framework of why or had a concrete suggestion of what to replace them with. Business Plan Versus Business Models. Where did the idea that startups write business plans come from?
David Teten
APRIL 1, 2021
I propose here a framework for prioritizing your platform buildout. A true industry luminary will help in deal flow & differentiation . These folks are rare, expensive, and often have multiple side obligations (book deals, speaking engagements, etc.). Disadvantages. In-house, brand-name guru.
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David Teten
DECEMBER 3, 2019
She answered, ‘We see a lot of deals.’ I said we had a lot of deal flow. Chris Dixon, Partner, A16Z, observes , “Success in VC is probably 10% about picking, and 90% about sourcing the right deals and having entrepreneurs choose your firm as a partner”. Kushim manages your deal flow and track portfolio performance.
Steve Blank
MAY 7, 2009
For those of you who don’t know, business plan competitions are held by universities who get their students to enter and compete to see who has the best business idea. In exchange, these VCs/companies get early looks at new deal flow and offer aspiring entrepreneurs feedback and advice on their business plan.
mashable.com
NOVEMBER 3, 2010
“I pre-stage my investments by developing my own ideas of great business models & frameworks — when I meet a founder doing something similar I can make a quick decision,&# says Craig. When you get a Chris Sacca, or a Dave Morin, or a Chris Dixon on board first, it’s going to lead to a lot of deal flow.&#
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