Steve Blank

MARCH 31, 2014

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. Your time at ESADE has trained you to become a global business leader. But the world you lead will be much different from the one your professors knew or your predecessors managed. Apple owned 0%. Innovation.

Private Equity 329

Private Equity Metrics China Intellectual Property 329

David Teten

JANUARY 19, 2021

As two fund managers employing Flexible VC, we think it is a healthy addition to the ecosystem and will yield more predictable and stable healthy returns for investors. Too often, investment structures force the management team to make decisions between misaligned growth and investment (return) objectives. Early liquidity.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Steve Blank

MARCH 4, 2014

The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. The corollary for an enterprise is: A company is a permanent organization designed to execute a repeatable and scalable business model.

IRR 335

IRR Startup Business Model Agile 335

David Teten

AUGUST 21, 2019

The RBI investor is motivated to help the company grow because that speeds up the pace of revenue payback, and therefore IRR. Focus on lower-risk business models; no requirement for a ‘swing for the fences’ model. Borchers points out: “Only 50% of our investment activity involves technology-based businesses.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Ben's Blog

AUGUST 17, 2020

This growth could be a function of product differentiation, go-to-market operations, sheer market size, new geographies, and expansion into adjacent categories. An example of such a business is Salesforce, which defined a new category for SaaS and continues to be a benchmark for SaaS companies to follow. Not too shabby!

Valuation 36

Valuation Balance Sheet Cofounder Forecast 36

David Teten

NOVEMBER 23, 2020

In its first full year of operation, VCAP attracted 159 applicants. They provide retail clients with sophisticated risk management tools that previously only ultra high net worth investors could access. . So the ethical question is, how transparent should I be in discussing my concerns about a given company and its management?

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60