Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Apply for contests and business grants. Nevertheless, it’s an option that doesn’t cost you equity.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Apply for contests and business grants. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. In general, banks won’t give you a loan until the business is cash-flow positive, but there are notable exceptions.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

ReadWriteStart

JUNE 1, 2020

Once the order is fulfilled and paid for, the funds can be paid back. ? Research and development. In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. Forms of funding. ? Equity investment.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Steve Blank

JUNE 12, 2020

All the teams used the Mission Model Canvas , (videos here ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Our goal was to teach both theory and practice.

Oakland 301

Oakland Asia Lean Video 301

www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. Noam is one of a rare breed of business academics: he studies entrepreneurship using a rigorous empirical approach. The following is an exclusive excerpt which sets up a common pitfall regarding equity splits. Lessons Learned. by Eric Ries. Tuesday, April 24, 2012. Uncertainties abound.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. In general, banks won’t give you a loan until the business is cash-flow positive, but there are notable exceptions.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

genylabs.typepad.com

SEPTEMBER 24, 2011

Working for Equity Instead of Cash. has an article on service firms waiving their fees and instead taking equity in their clients. Interest in this waned when the Internet bust resulted in most tech start-up equity becoming worthless, but it seems to be coming back. Not all start-up stock is created equally.

Equity 40

Equity Technical Review San Jose Stock 40

www.inc.com

SEPTEMBER 24, 2011

Research & Development. Will Work for Equity. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Determined not to miss another opportunity, Graham has begun waiving fees and instead taking equity in clients he thinks have a good shot at success. INNOVATION. Managing Creativity. The 2011 Inc.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Up and Running

NOVEMBER 20, 2018

Much has changed since Edison’s day, but sweat equity is still the most effective kind of startup capital. If you’ve been thinking about starting a business but you haven’t yet taken the leap, there are a few ways you can position yourself for success. If you have a business idea, write a quick business plan—a Lean Plan.

Sweat Equity 93

Sweat Equity Startup Lean Italy 93

Austin Startup

MAY 11, 2017

We make a majority of our investments in those sectors and prioritize proven business models. Arena Growth Partners | Venture Capital and Private Equity | Austin, Texas - Venture to Lead™ Aspect Ventures We bridge the gap between your seed and later stage venture so together, we can turn great ideas into great companies.

Private Equity 48

Private Equity Venture Capital Technical Review Seed Stage 48

Up and Running

NOVEMBER 15, 2017

Even if you already know what a SWOT analysis is and what it’s used for, it can be tough to translate that information and examine your own business with a critical eye. Reading an example SWOT analysis for a business that is either in your industry or based on a comparable business model can help get you started.

Botswana 148

Botswana Business Plan Oregon Distribution 148

Steve Blank

NOVEMBER 27, 2012

The Lean LaunchPad course online. I teach potential founders a hands-on, experiential class called the Lean LaunchPad at Berkeley, Stanford, Columbia and Caltech. The class teaches the three basic skills all entrepreneurs need to know: business model design. customer development. agile engineering. Find it here.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. Alex, vice provost for Innovation & Economic Development at Weber State University in Utah and completing his first year of teaching entrepreneurship.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305

ConversionXL

JUNE 2, 2022

How you approach ABM depends on your business model and ideal accounts, as well as how you plan to expand campaigns. Before developing a program , consider the following variables: Deal size. The more brand equity you have , the easier it will be to get prospects to pay attention. Winning high-value clients with ABM.

Lead Generation 94

Lead Generation Marketing Sales Cycle Campaign 94

Steve Blank

DECEMBER 30, 2014

Our Lean Launchpad® for Life Sciences is one of them. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model. New approaches to translational medicine have emerged.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

JANUARY 20, 2014

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. What’s Different.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. Every large company, whether it can articulate it or not, is executing a proven business model (s).

IRR 335

IRR Startup Business Model Agile 335

Up and Running

AUGUST 28, 2018

A Lean Business Plan might be a better fit if you simply need to think through all the different aspects of your business. A Lean Plan will be shorter, and it lends itself to quick revisions, but both types follow the same general outline. When developing your ideal patient profile, consider: Who you enjoy working with.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

crowdSPRING Blog

NOVEMBER 30, 2012

Start With a Business Model, Not a Business Plan | WSJ – [link]. The problem with a Lean Startup: the Minimum Viable Product | Paul Kortman – [link]. The danger of waiting to long to find a business model? Convertible Debt: really Bridge Loans and Equity Replacement Debt – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Steve Blank

OCTOBER 26, 2013

The program pays scientists $50,000 to attend the program and takes no equity. universities teaching the Lean LaunchPad curriculum organized as I-Corps “nodes” across the U.S. The nodes are now offering their own regional versions of the Lean LaunchPad class under I-Corps. Currently there are 11 U.S.

Lean 262

Lean Washington Incubator Agile 262

Both Sides of the Table

APRIL 19, 2011

Business model: o They bought a lot of ad inventory (banner ads/advertising) driving people to signup forms, converting (fill out form) and sold leads, o Initial strategy was first comparison shopping and then monitoring and upselling on more savings. . He typed lowermybills.com was not registered and available so he bought it.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

This is going to be BIG.

JULY 25, 2022

Typically, investors don’t take a board seat until you raise your first equity round—which means that it could be *years* before you have a real board meeting: A year of nights/weekends work researching, prototyping, and fundraising. You raise your pre-seed round and if you're lucky and good, you can get to an equity round in 12-18 months.

Equity 118

Equity Metrics Widget Bandwidth 118

Both Sides of the Table

JUNE 22, 2011

But this mania to not miss out on the next big thing is driving some investors to pay growth-equity prices for traditional market risk (as in, they’re paying up before it is clear there is product / market fit). Those with strong business models suddenly stand out when the tide goes out. And well they should be.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Steve Blank

JUNE 11, 2009

However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. By now the company may have found and settled on a repeatable business model.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

The Equity Kicker

MAY 12, 2015

I just read two articles which beautifully illustrate the brilliance and challenges with the Lean Startup methodology. They were part of Steve Blanks Launchpad class at Stanford and followed lean principles to great effect. Through more customer development they found that thinning lettuces is a bigger problem, and LettuceBot was born.

Lean 60

Lean Startup Flash Customer Development 60

Steve Blank

SEPTEMBER 14, 2009

3) invest in and take equity stakes in exchange for capital. It may just be that the message of building companies that have predictable revenue and profit models hasn’t percolated through the VC business model. Each VC firm/partner has a different spin on what to weigh more.)

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

The Equity Kicker

MAY 7, 2015

Steve Blank gave us this now famous definition of a startup: A startup is a temporary organization designed to search for a repeatable and scalable business model. The beauty of this step is that it’s simple to understand and easily actionable via a good customer development process. We have gone a step further.

Business Model 60

Business Model Search Due Diligence Early Stage 60

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. for a business model. for a business model.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Up and Running

JUNE 23, 2015

Maternal health is a concern the world over, especially in developing nations. According to the World Health Organization, 800 women die every day during childbirth, with 99 percent of those deaths taking place in the developing world. “It took an enormous investment of sweat equity on both our parts,” Allyson admits.

Cofounder 60

Cofounder Sweat Equity Social Media Business Model 60

Altgate

SEPTEMBER 16, 2010

For example, you can barter for a service or you can negotiate payment terms or even equity for service. Lastly, a hybrid model makes sense for many types of agreements (NDAs, employment contracts, supplier agreements, etc.) Having managed a lot of software development both local and offshore, this is a topic I plan to write more on.

Software Review 65

Software Review Offshore Startup Boston 65

Steve Blank

JULY 20, 2015

Errol Arkilic was the lead program director for the National Science Foundation I-Corps , which uses my Lean LaunchPad curriculum to teach scientists and engineers how to take their technology out of the lab and into the marketplace. The Lean LaunchPad class. But nothing else like [The Lean LaunchPad class] was being taught. .

Government 120

Government Channel Southern California Lean 120

The Equity Kicker

JULY 8, 2019

It was perhaps First Round Capital that pioneered the platform VC model, but at this point nearly all the major VCs have platform teams of varying sizes, including KPCB, Accel and Sequoia. The most recent development that’s emerging is an extension of the Platform VC model that we call Applied Venture. Business model.

Portfolio 84

Portfolio LP Venture Capital Partner 84

David Teten

DECEMBER 3, 2019

Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . In the private equity universe, most Partners have primary training as deal-makers, not as managers. This provides us more time to develop meaningful relationships with prospects and customers.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

ReadWriteStart

JUNE 15, 2011

Startups now understand what they should be doing in their early formative days is search for a business model. The process they use to guide that search is "Customer Development" ; and to track their progress startups now have a scorecard to document their week-by-week changes – the business model canvas.

Silicon Valley 118

Silicon Valley Startup Early Stage Business Model 118

rob.by

MARCH 8, 2012

” I believe that by this he means they want cash rather than equity. “Business people” and “software people” are misnomers. Ask anybody what a software developer does and they can give you the one-sentence “makes software” answer. I absolutely want cofounders when the time comes.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

SoCal CTO

DECEMBER 1, 2010

Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Was it a Startup Founder Developer Gap ? The United States is now a debtor nation to China and that the bill is about to come due. But I don’t think so.

Technical Review 175

Technical Review Technology Product CTO Hire 175