Steve Blank

JANUARY 22, 2014

Few entrepreneurs find this scalable and repeatable business model because it’s not easy. as a distribution channel have vastly reduced the amount of capital a startup needs at the early stage when the risk is greatest. The cloud , open-source development tools and web 2.0 A good return to your investors is 20% per year.

Early Stage 290

Early Stage Silicon Valley Oregon Technical Review 290

David Teten

JANUARY 19, 2021

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Every Flexible VC structure allows founders to access immediate risk capital while preserving exit, growth trajectory, and ownership optionality. . Flexible VC 102: Variations.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

VC Cafe

SEPTEMBER 2, 2022

That’s on average the time venture capital investors spend on a pre-seed pitch deck, according to the latest Dropbox/Docsend funding research report. I touched on this in my post “ Founder Investor Fit “ Passing the initial filtering process. 2 and a half minutes. What should be in your pre-seed pitch deck.

Technical Review 166

Technical Review Early Stage Cofounder Portfolio 166

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. I believe that Revenue-Based Investing (“RBI”) VCs are on the forefront of what will become a major segment of the venture ecosystem. However, according to Bryce Roberts, co-founder of Indie.VC, only 0.6%

Revenue 60

Revenue Term Sheet Founder Technical Review 60

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." If you do build the MVP and show it to them, they will ask you about your metrics. They really want metrics, not a product.

Algorithm 264

Algorithm Metrics Viral Venture Capital 264

Steve Blank

MARCH 31, 2014

As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. Instead of measuring success in dollars of profit, …firms focus on measuring capital efficiency. These innovations do not require change in a company’s existing business model.

Private Equity 328

Private Equity Metrics China Intellectual Property 328

SoCal CTO

JUNE 9, 2010

Draw Your Ideas - A VC : Venture Capital and Technology , May 16, 2010 I saw Jack Dorsey give this talk at The 99% Conference last month. But founders need to know how to ask for their advice and when to ignore it. But startups can shoot themselves in the foot when founders use consultants at the wrong time or in the wrong way.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? What metrics do we use to see if we learned enough in Customer Discovery ? I gave my boilerplate answer, “I’m a product guy and I tend to invest and look at deals that have measurable revenue metrics.

Customer Development 227

Customer Development Web Developer Customer 227

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 431

Cofounder Seed Stage Valuation Metrics 431

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. . 3) Raise capital. Russell Rothstein, Founder and CEO, IT Central Station , a product review site, said, “We see VCs on our site very often.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

JUNE 15, 2010

The role of a founding CEO in a startup searching for a business model is radically different than a CEO building and growing a company. So if you’re the founder of a startup, you may want to consider who you take money from. Is Your VC Founder Friendly? How many of their founders are still with their company?

Founder 232

Founder Vesting Later Stage Early Stage 232

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).

Software Review 74

Software Review Software Delaware Forecast 74

SoCal CTO

MARCH 9, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Kevin Federline Search Engine Realistic Entrprenuer's Guide to Venture Capital Time Rich, Time Poor and Apple F2F Still Matters 8 Ways the Internet has Changed Software Marketing. Marketing, Startups and Networking in Los Angeles.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

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. The Wrong Metrics. Assume two veteran VC’s per board.?=?50-100x

Silicon Valley 296

Silicon Valley Business Model Venture Capital Balance Sheet 296

SoCal CTO

MARCH 20, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Kevin Federline Search Engine Realistic Entrprenuer's Guide to Venture Capital Time Rich, Time Poor and Apple F2F Still Matters 8 Ways the Internet has Changed Software Marketing. Marketing, Startups and Networking in Los Angeles.

Technical Cofounder 150

Technical Cofounder Southern California Search Engineer 150

SoCal CTO

MARCH 13, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Kevin Federline Search Engine Realistic Entrprenuer's Guide to Venture Capital Time Rich, Time Poor and Apple F2F Still Matters 8 Ways the Internet has Changed Software Marketing. Marketing, Startups and Networking in Los Angeles.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles Internet 150

SoCal CTO

MARCH 1, 2007

The articles I cited there around finding co-founders suggests that Ben is on the money. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? What I mentioned in Events and Networking in Los Angeles was that its somewhat hard in LA to count on networking events to build networks. No small task Ben.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

Up and Running

MARCH 21, 2016

Some businesses are not a great fit for angel or venture capital funding. Here are 11 tips from the Young Entrepreneur Council that will help you attract the eye of an angel investor or a VC, and make your business a more appealing investment. Have co-founders. Share user engagement and metrics.

Cofounder 60

Cofounder Metrics Angel Investor Silicon Valley 60

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. The Wrong Metrics. Assume two veteran VC’s per board.?=?50-100x

Silicon Valley 269

Silicon Valley Business Model Venture Capital Balance Sheet 269

Haystack

JULY 12, 2019

Some investors have theses, some look for specific sectors or markets, others are attracted to metrics, and some look for specific types of business models or people. What does that mean for founders and early-stage companies?

Early Stage 72

Early Stage Deal Flow Technical Review Social Media 72

SoCal CTO

MARCH 12, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Kevin Federline Search Engine Realistic Entrprenuer's Guide to Venture Capital Time Rich, Time Poor and Apple F2F Still Matters 8 Ways the Internet has Changed Software Marketing. Marketing, Startups and Networking in Los Angeles.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

The Startup Magazine

JANUARY 31, 2019

Platinum Rapid Funding provides access to working capital and is based on Long Island, New York. Platinum Rapid Funding provides funding to other business owners, generally in the form of a Merchant Cash Advance (or MCA). We recently had the chance to sit down with Ali Mayar and discuss his business. Can You Fund Startups?

Founder 104

Founder New York Finance Social Media 104

Steve Blank

JULY 1, 2014

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. a language corporate innovation groups can use to communicate to business units and finance. But the ‘ah-hah!’

Sacramento 311

Sacramento Framework Customer Development Lean 311

SoCal CTO

MARCH 20, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Kevin Federline Search Engine Realistic Entrprenuer's Guide to Venture Capital Time Rich, Time Poor and Apple F2F Still Matters 8 Ways the Internet has Changed Software Marketing. Marketing, Startups and Networking in Los Angeles.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Steve Blank

MARCH 17, 2020

But next the question is, ‘What happens to my business?”. The questions every startup or small business CEO needs to ask now are: What’s my Burn Rate and Runway? What does your new business model look like? What does my business model look like now? What are the new financial metrics? How do you know?

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

SoCal CTO

MARCH 16, 2007

► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Kevin Federline Search Engine Realistic Entrprenuer's Guide to Venture Capital Time Rich, Time Poor and Apple F2F Still Matters 8 Ways the Internet has Changed Software Marketing. Marketing, Startups and Networking in Los Angeles.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Designing startup metrics to drive successful behavior Great companies are almost always run by great management teams. Good metrics should also be actionable, and drive successful behavior. This post is applicable to any kind of business.

Metrics 55

Metrics Design Entrepreneur Startup 55

Steve Blank

JULY 19, 2010

As a founder I fought with VC’s over vesting as they brought in a new CEO and walked me out the door. I’ll offer that both entrepreneurs and VC’s have the wrong model for founding CEO equity compensation. I’ll offer that both entrepreneurs and VC’s have the wrong model for founding CEO equity compensation. Preparing For Chaos.

Vesting 261

Vesting Liquidity Event Venture Capital Founder Vesting 261

SoCal CTO

MARCH 22, 2007

Open Source Business Models, speakers for Web 2.0 ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Kevin Federline Search Engine Realistic Entrprenuer's Guide to Venture Capital Time Rich, Time Poor and Apple F2F Still Matters 8 Ways the Internet has Changed Software Marketing.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Startup Professionals Musings

DECEMBER 30, 2016

I still hear often the dream of a free service to users, supported by advertising, per the Facebook model. Business founders need deep pockets for this model. Local businesses expect proof of value, not promises. Monetization may require multiple business models.

New York City 158

New York City Kansas Advertising Cash Position 158

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions. Can it scale?”

Customer Development 266

Customer Development Developer Customer Silicon Valley 266

abovethecrowd.com

OCTOBER 17, 2013

The company, which the founder cleverly named “Stitch Fix,” had a remarkably unique offering compared to other women’s fashion experiences. I immediately reached out to the founder and CEO, Katrina Lake , who had previously worked for another Benchmark portfolio company in the fashion space, Polyvore.

eCommerce 62

eCommerce Technical Review North America San Francisco 62

Up and Running

JUNE 23, 2015

Meg Wirth and Allyson Cote, founders of Maternova. The business model is innovative and unique, and the business itself serves as a fantastic “how to” example for entrepreneurs looking to start a social, mission-driven business. See Also Robot Paper: What It Takes to Start a Comic Book Business.

Cofounder 60

Cofounder Sweat Equity Social Media Business Model 60

mashable.com

SEPTEMBER 14, 2011

Clearly Define Your Business Model While this may sound like a trivial task, young startups often have an exciting and innovative product, but no real plan for monetizing it. It’s critical to establish this component of your business before thinking seriously about growth. BonitaSoft has offices in France, the U.S.

France 77

France Marketing Social Media Startup 77

Both Sides of the Table

MARCH 25, 2016

Marketing with long payback is precisely what requires venture capital. The metrics were good but we wondered how much better they would be when we expanded our product. In the early days of every business the incumbents tend not to respond because you’re too small and insignificant. Choose that market. ”

Startup 150

Startup Seed Money DC Software Review 150

Austin Startup

MAY 29, 2019

Yesterday I was having a discussion with one of our executives on the strength of network effects inherent in the data.world business model. This led to a far ranging strategic discussion that got us both really excited about the huge potential of our business. 8, which was released earlier this week.

Networking 48

Networking Fractional CTO CTO Hire B2C 48

Hearpreneur

MAY 4, 2019

What I’ve learned from my experiences as a four-time entrepreneur and an angel investor in more than thirty startups is that while it often looks as if world-altering business opportunities emerge by accident, they can, in fact, be discovered and scaled in a methodical way. And this is crucial: enterprises need both.

Cofounder 66

Cofounder Founder Entrepreneur Venture Capital 66