Both Sides of the Table

JUNE 22, 2011

This was an audience of mostly first-time entrepreneurs. It is great for entrepreneurs and great for VCs. So here is what I have been telling entrepreneurs privately for the past 6 months. The fact that today’s Internet bubble does not represent all companies does not disprove its existence. I believe that.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Startup Professionals Musings

MARCH 11, 2016

As an active angel investor myself, I understand how the process works, and I see the disappointment in the eyes of entrepreneurs who approach angel groups for funding and often get turned away for not being timely or prepared in the minds of potential investors. Come with a product built and a proven business model.

Angel Investor 120

Angel Investor Intellectual Property Accredited Investor Angel Groups 120

Startup Professionals Musings

OCTOBER 20, 2017

The pervasive Internet and mobile device access allows instant communication of new options, total sharing of customer experiences, and mass customization, on a world-wide scale. Think about the up-and-comers during the past decade that have either created new business models or stolen share from established players.

Technical Review 136

Technical Review Demand Valuation Business Model 136

Startup Professionals Musings

JANUARY 10, 2016

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Many are just not facing the reality that their passion had a critical business flaw. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. Never take your eye off the ball in business.

Business Model 120

Business Model Intellectual Property Startup Bankruptcy 120

Startup Professionals Musings

NOVEMBER 13, 2021

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. One consequence of the new sharing business model is that goods become services.

Cuba 316

Cuba Venture Capital Community Valuation 316

Startup Professionals Musings

APRIL 12, 2020

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Many are just not facing the reality that their passion had a critical business flaw. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. Never take your eye off the ball in business.

Intellectual Property 310

Intellectual Property Startup Bankruptcy Viral 310

Startup Professionals Musings

JULY 22, 2020

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. On the other hand, if you are a new entrepreneur, still in the idea stage, professional investors will only tell you to come back later when you have traction (customers and revenue).

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370

Steve Blank

MARCH 18, 2011

We’re now in the second Internet bubble. The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. For VC’s and entrepreneurs the gold rush to liquidity was on. Carpe Diem. 1970 – 1995: The Golden Age.

Internet 334

Internet IPO Silicon Valley Agile 334

Startup Professionals Musings

NOVEMBER 4, 2011

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Get your Internet domain name and website. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Prepare an investment-grade business plan.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

AUGUST 10, 2014

Should they focus on increasing revenues and profitability, or entice more and more users with free services to increase their valuation. A business only achieved critical mass by becoming cash-flow positive. More complex and defensible businesses should highlight their organic drive to profitability and brand leadership.

Revenue 246

Revenue Entrepreneur Valuation Viral 246

Startup Professionals Musings

SEPTEMBER 23, 2010

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Get your Internet domain name and website. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Prepare an investment-grade business plan.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Version One Ventures

OCTOBER 15, 2020

Low fee: Lightning supports any size payment all the way down to sub 1 cent micropayments, which will unleash all kinds of new internet native, global commerce and even new payment types like “streaming” – imagine paying by the second for watching a movie or accessing car insurance. . Instead, we’ll own our own identity via LSATs. .

Networking 168

Networking Global OTC Security 168

Startup Professionals Musings

AUGUST 5, 2013

At this stage you were expecting to be working on creating a good business valuation to attract future buyers, or at least funding college accounts for your kids. Reinvent yourself to meet a modern market: If you are a paid technical instructor and your classes are shrinking, offer training over the internet. But don’t worry.

Entrepreneur 234

Entrepreneur Vertical Reputation Valuation 234

Startup Professionals Musings

FEBRUARY 2, 2019

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. One consequence of the new sharing business model is that goods become services.

Cuba 246

Cuba Venture Capital Community Valuation 246

Steve Blank

SEPTEMBER 14, 2009

One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. There’s lots of lore, emotion, and misconceptions of what VC’s do or don’t do for entrepreneurs. In this time, building a successful business meant building a company that had paying customers quarter after quarter.

Silicon Valley 230

Silicon Valley IPO Technical Review Venture Capital 230

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Hearpreneur

JANUARY 29, 2017

It doesn’t matter if it has been said before and repeated numerous times, quotes can give you the fire you need to be a better entrepreneur or learn how to handle a difficult situation. Below are some of those quotes sent in by entrepreneurs throughout the country. #1 Its capitalistic, with a splash of business spiritual.

Entrepreneur 48

Entrepreneur LLC Cofounder Montana 48

Startup Professionals Musings

AUGUST 19, 2018

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. On the other hand, if you are a new entrepreneur, still in the idea stage, professional investors will only tell you to come back later when you have traction (customers and revenue).

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184

Startup Professionals Musings

MAY 8, 2015

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. One consequence of the new sharing business model is that goods become services.

Cuba 120

Cuba Entrepreneur Venture Capital Community 120

Startup Professionals Musings

JULY 4, 2014

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. On the other hand, if you are a new entrepreneur, still in the idea stage, professional investors will only tell you to come back later when you have traction (customers and revenue).

Angel Investor 232

Angel Investor Intellectual Property Investment Bankers Private Equity 232

crowdSPRING Blog

NOVEMBER 30, 2012

What Hasn’t Changed: The Internet Keeps Getting Bigger. Start With a Business Model, Not a Business Plan | WSJ – [link]. The danger of waiting to long to find a business model? … Checking In on Foursquare’s Valuation – [link]. A VC: What Has Changed – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Startup Professionals Musings

JUNE 26, 2016

Should they focus on increasing revenues and profitability, or entice more and more users with “free” services, to increase their valuation. A business only achieved critical mass by becoming cash-flow positive. More complex and defensible businesses should highlight their organic drive to profitability and brand leadership.

Revenue 145

Revenue Valuation Startup Viral 145

Startup Professionals Musings

DECEMBER 1, 2017

I was mentoring some graduate students at a local university recently, and I sensed again that profit seems to be a dirty word these days to many aspiring entrepreneurs. Every business needs to develop a revenue model even before a product. Price with recurring low subscription payments.

Revenue 166

Revenue Affiliate Advertising Retention 166

Startup Professionals Musings

JANUARY 9, 2015

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Many are just not facing the reality that their passion had a critical business flaw. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. Never take your eye off the ball in business.

Intellectual Property 120

Intellectual Property Startup Bankruptcy Viral 120

Startup Professionals Musings

AUGUST 13, 2016

For example, if you have a proven product, real revenue, a big potential market, and are ready to scale up the business, every investor will be interested. On the other hand, if you are a new entrepreneur, still in the idea stage, professional investors will only tell you to come back later when you have traction (customers and revenue).

Matching 120

Matching Angel Investor Intellectual Property Investment Bankers 120

Steve Blank

JANUARY 4, 2010

A lot of entrepreneurs think that their startup is the next big thing when in reality they’re just building a small business. In fact, Google’s offer for $15 Million was equal to the highest valuation from the venture firms. The word entrepreneur covers a lot of ground. Make no little plans. Daniel Burnham.

Hockey Stick 293

Hockey Stick Venture Capital Startup Cofounder 293

Startup Professionals Musings

DECEMBER 24, 2012

But many entrepreneurs don’t realize that Angels are also extremely discerning in the projects that they will invest in, rejecting approximately 97% of the proposals submitted to them, according to the California Investment Network. If the founders are not experienced, find a couple of advisors from the business sector to fill the gap.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

www.inc.com

SEPTEMBER 24, 2011

Small Business Success | Mondays and Thursdays. The Goods: Your Business Toolbox | Thursdays. Todays Small Business News | Daily. Entrepreneur news from reporter Eric Markowitz. Internet and Online Business. Business Software. Finance | Tuesdays. Innovation | Fridays. Leadership & Managing | Tuesdays.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Startup Professionals Musings

MAY 11, 2016

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. One consequence of the new sharing business model is that goods become services.

Cuba 120

Cuba Marketing Venture Capital Community 120

Startup Professionals Musings

JULY 6, 2012

At this stage you were expecting to be working on creating a good business valuation to attract future buyers, or at least funding college accounts for your kids. Reinvent yourself to meet a modern market: If you are a paid technical instructor and your classes are shrinking, offer training over the internet. But don’t worry.

Startup 236

Startup Vertical Reputation Valuation 236

Cracking the Code

NOVEMBER 13, 2008

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. Be realistic on valuation: the best public SaaS companies lost 60% of their value on average, so it is likely your valuation is down too! Cracking The Code. Thursday, November 13, 2008. multiple fell down to ~2.2x

Software Review 48

Software Review Technical Review Valuation Portfolio 48

YoungUpstarts

JULY 18, 2012

It’s always satisfying to see good ideas get traction, and even more exciting to see entrepreneurs being rewarded for their hard work. This startup pulled in $250 million at its $4 billion valuation and recently hit 50 million customers. Even with oil prices dropping, Sapphire’s business model has a bright outlook.

Startup 182

Startup Angel Investor Green Valuation 182

Startup Professionals Musings

MARCH 28, 2011

At this stage you were expecting to be working on creating a good business valuation to attract future buyers, or at least funding college accounts for your kids. Reinvent yourself to meet a modern market: If you are a paid technical instructor and your classes are shrinking, offer training over the internet. But don’t worry.

Startup 230

Startup Vertical Reputation Valuation 230

Startup Professionals Musings

APRIL 24, 2011

To me, this indicates that venture capitalists (VCs) are looking for business, but not from first-time startups. Sure, there is always some seed funding (10% of overall deal flow), but you can bet that this money goes to entrepreneurs who have been there before and won. Energy deals climbed with funding increasing significantly.

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

This is going to be BIG.

NOVEMBER 7, 2011

Every investor and entrepreneur knows there is something scary about the current startup economy. More entrepreneurs get to try out their ideas with smaller amounts of capital, but the bar remains the same to get to the bigger rounds. Valuations. Are their valuations justified? Is 2012 going to be 2000 all over again?

Angel Investor 104

Angel Investor Valuation Startup Revenue 104

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. LetsGiftIt.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

reidhoffman.org

NOVEMBER 12, 2013

. × At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. It doesn’t matter whether an entrepreneur is in our portfolio, whether we’re considering an investment, or whether we’re casually meeting for the first time. Entrepreneurs often ask me for help with their pitch decks.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111