Steve Blank

MAY 17, 2010

Business Plan Versus Business Models. Where did the idea that startups write business plans come from? A business plan is the execution document that large companies write when planning product-line extensions where customer, market and product features are known. initial business model hypotheses).

Business Plan 312

Business Plan Business Model Customer Development Deal Flow 312

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. What you’re holding in your hand is a revolutionary document. So they prepare for future markets by exploring new ventures. You think startups are hard?

Incubator 402

Incubator Lean Agile Business Model 402

Startup Professionals Musings

APRIL 24, 2011

I just read the Q1 2011 report from CB Insights , which shows venture capital is back. Back to VCs, Silicon Valley venture capital firms are still the most active. So what can you do to get to the head of the venture capital investment queue? Overall, investors put $7.5 That represents a $1.5

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

Startup Professionals Musings

FEBRUARY 4, 2012

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. How well have you met previous financial and business milestones?

Technical Review 237

Technical Review Due Diligence Intellectual Property Private Equity 237

www.xconomy.com

JUNE 9, 2012

Sakti3 Founder Sastry to Step Down From U-M. VP of Strategic and Emerging Business Development, Microsoft. Co-Founder and CEO, Wetpaint. Founder, DEKA Research and Development Corporation. New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’. Subscribe for Free. Xconomy San Diego. New York ›.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

Startup Professionals Musings

OCTOBER 22, 2010

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. How well have you met previous financial and business milestones? Marty Zwilling.

Technical Review 225

Technical Review Due Diligence Intellectual Property Private Equity 225

SoCal CTO

MARCH 11, 2013

Yesterday, I was talking to a startup founder about their MVP and they said something that finally got me to write this post: "I have a few investors interested but they want to see a product." A Beginner's Guide to Investors How to Speak the Language of Venture Capital Investors demand more than that.

Algorithm 264

Algorithm Metrics Viral Venture Capital 264

Up and Running

SEPTEMBER 19, 2017

That’s because obtaining a pre-money valuation for a concept level technology company in excess of $1 million is difficult, particularly for a startup founder without a proven track record. By contrast, obtaining a pre-money valuation of $5 million for a business with a new viable product and even very minimal sales is somewhat reasonable.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

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. . That Google document provides cut and pasteable text I can share with other investors, based on their stage, focus, and appetite. . 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Gust

NOVEMBER 14, 2011

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. How well have you met previous financial and business milestones?

Technical Review 152

Technical Review Due Diligence Intellectual Property Private Equity 152

Both Sides of the Table

FEBRUARY 1, 2015

I suppose it can be different for every founder and for different VCs but I’d like to offer you some context on what I think it is and it isn’t. I was recently contacted by an entrepreneur who was consider a few different business models for his company. Document management? ” I responded.

China 150

China Venture Capital Framework Partner 150

Steve Blank

FEBRUARY 26, 2020

What most founders don’t realize is: Every stage of a startup requires a different set of metrics and milestones and founder skills. Knowing these will help a founder position her pitch to get investors’ attention. Founders need to keep their eye on the prize — not just the next funding round. Business Model.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Up and Running

MAY 18, 2016

Tim Berry is the expert on business planning. In this book, you’ll get step-by-step advice on how to align strategy, tactics, milestones, and assumptions, without having to worry about creating a business plan document. Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers.

Startup 80

Startup Venture Capital Angel Investor Lean 80

Startup Professionals Musings

APRIL 14, 2010

Back to VCs, Silicon Valley venture capital firms are still the most active. For the 1st quarter, Healthcare remained the largest single sector for venture money. So what can you do to get to the head of the venture capital investment queue? Create an investment-grade business plan. Line up a winning team.

Venture Capital 123

Venture Capital Elevator Pitch Silicon Valley Massachusetts 123

David Teten

DECEMBER 12, 2017

In his white paper How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood , PEVCTECH.com founder David Teten explored how private equity and venture capital investors are trying to automate more of their job. I’d expect a similar shift in venture over the next decade or two.”.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

View from Seed

JANUARY 11, 2023

We wholeheartedly believe in the potential of each company we select; the smaller batch size allows the NextView partners, who possess deep operating and founding experiences at companies like LinkedIn, PayPal, eBay, and Blue Apron, the space to spend meaningful one-on-one time with each founder every single week.

Programming 156

Programming Sacramento San Francisco Founder 156

Steve Blank

AUGUST 31, 2009

At their best, these processes provide detailed plans, checkpoints and milestones for every step in getting a product out the door: sizing markets, estimating sales, developing marketing requirements documents, prioritizing product features. So what’s wrong the product development model? before you ship.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Up and Running

MAY 23, 2016

The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when). Schedule.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

JUNE 1, 2011

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. The combination of Venture Capital and technology startups is only about 50 years old. VC’s sit on 6 – 12 boards at a time.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

JUNE 2, 2011

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. Startups now understand what they should be doing in their early formative days is search for a business model. Founders operate in a chaotic regime.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Steve Blank

JUNE 1, 2011

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. The combination of Venture Capital and technology startups is only about 50 years old. VC’s sit on 6 – 12 boards at a time.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Both Sides of the Table

MAY 7, 2011

Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice. Joel met his co-founder for Fog Creek software and learned a valuable management lesson. Working with writers to create documentation. With StackOverflow, Joel raised money through venture capital.

Software Review 285

Software Review Software St. Louis API 285

The Next Web

AUGUST 26, 2013

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. So far I have shared with you 9 simple steps to start your own tech business ((don’t miss part 1 , part 2 , and part 3 ). If you raise money for the first time, you better understand the basics of venture capital.

Management 120

Management Cofounder Startup Bootstrapping 120

David Teten

JANUARY 11, 2020

In the venture capital/private equity business, investors are B2B microinfluencers. We market to four populations: High-potential founders. PEVCTech.com , a community for investors and technologists responsible for investing in private companies, primarily at private equity and venture capital funds.

Social Media 60

Social Media Technical Review Media Private Equity 60

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). For modifications, please edit the original document here. An additional list of business resources for startups is available here. Scanning / Document Management. Mavenlink -Â manage project communications, documents, schedules, budgets, payments.

Software Review 53

Software Review Technical Review Startup 53

Steve Blank

MAY 7, 2009

I finally understood how valuable these contests can be for students in cities or countries without a venture capital or entrepreneurial infrastructure. At a university business plan competition, for the first time they can swim in the sea of expertise that we/I take for granted in the middle of Silicon Valley. to compete.

Business Plan 140

Business Plan Silicon Valley RSS Venture Capital 140

steveblank.com

JULY 8, 2011

Managewith.us - Collaborative Task Manager Mavenlink - manage project communications, documents, schedules, budgets, payments Industrial Logic – Agile eLearning Misc Office Help Google Apps – cloud mail server, calendar, docs, etc. Lighthouse – Issue Tracking Tool.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Up and Running

OCTOBER 21, 2014

‘Starting a business’ really only comes down to figuring out your business idea ; doing your paperwork; and sorting out the money. Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166

Feld Thoughts

DECEMBER 4, 2012

When I reread the plan several years ago for amusement, it motivated me to go dig up plans for other successful companies that I was a co-founder of or early investor in, including NetGenesis and Harmonix. In each case, the business plans were big, long, serious documents that had only a minor semblance to actual business that got created.

Business Plan 193

Business Plan Lean Cofounder Venture Capital 193

Steve Blank

MARCH 18, 2011

The IPO offering document became the playbook for startups. VC’s went back to basics, to focus on building companies while their founders worked on building customers. Rather they understood that a startup is a temporary organization designed to search for a repeatable and scalable business model. You have to deliver.

Internet 334

Internet IPO Silicon Valley Agile 334

YoungUpstarts

AUGUST 27, 2015

by Scott Petty, co-founder of Signal Peak Ventures. When you think of the next big thing in venture funding, the corner store or local mechanic isn’t what comes to mind. Yet very small businesses (VSBs) are one of the last untapped bastions of innovation and, by association, venture dollars. A new kind of customer.

Utah 100

Utah Cofounder Small Business B2B 100

Scott Edward Walker

FEBRUARY 9, 2020

I’ve been doing M&A transactions for 25+ years (including nearly eight years at two major New York City law firms), and I wanted to briefly discuss an important issue for founders interested in selling their company: the distinction between strategic and financial buyers. What Are Financial Buyers? Should I Avoid Financial Buyers?

Private Equity 59

Private Equity New York City Equity Deal Structure 59

The Startup Magazine

AUGUST 18, 2018

Sure enough, most entrepreneurs who have established robust business models will have to go through several legal hurdles before officially securing their recognition as a legitimate enterprise. Get your documents in order. It may seem the easiest thing in the world since you can always download document templates online.

Limited Liability Company 62

Limited Liability Company LLC Bankruptcy Dividend 62

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

ReadWriteStart

JUNE 13, 2011

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. The combination of Venture Capital and technology startups is only about 50 years old. VCs sit on six to 12 boards at a time.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Cracking the Code

SEPTEMBER 18, 2018

Hats off to Jon Benhamou and Clement Buyse, the two founders, and to the wider Peopledoc team for this achievement! It’s only the perseverance, grit and vision of the founders that makes it possible. Second, we needed to shift the company’s product mix from payslips to document management. A much bigger market.

Software 48

Software France Germany New York 48

Tim Keane

JANUARY 12, 2010

  I’ve sat down with entrepreneurs and a copy of a term sheet guide I like [ “Term Sheets & Valuations - A Line by Line Look at the Intricacies of Venture Capital Term Sheets & Valuations ” by Alex Wilmerding, Aspatore Press.] These include: ·       Vesting of Founder Stock.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68