Mucker Lab

AUGUST 27, 2014

After stints as a technology investment banker, a dot-com entrepreneur, and a product manager in Silicon Valley, I moved to Los Angeles in 2006. Encyclopedic knowledge of term sheets and startup buzzwords can be quickly learned, trained, and packaged. Ability” vs. “Knowledge”. The top tier funds see almost all of the best deals.

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

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. This is the dreaded “due diligence” process. Product or service readiness.

Technical Review 225

Technical Review Due Diligence Intellectual Property Private Equity 225

www.xconomy.com

JUNE 9, 2012

VP of Strategic and Emerging Business Development, Microsoft. Managing Director, Enterprise Partners. New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’. The firm, Correlation Ventures, is using predictive analytics technology to tilt the odds in its favor. President and CEO, Complete Genomics.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

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. This is the dreaded “due diligence” process. Product or service readiness.

Technical Review 152

Technical Review Due Diligence Intellectual Property Private Equity 152

Up and Running

MAY 18, 2016

You’ll learn more about what destroys startups, how to use the Customer Development method to succeed, how to use the Business Model Canvas, how to identify and keep your customers, and how to drive profits. Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers.

Startup 80

Startup Venture Capital Angel Investor Lean 80

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. RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance.

Revenue 60

Revenue Technical Review Software Review Equity 60

Steve Blank

JANUARY 4, 2010

Staring at us in the board meeting were three term-sheets from brand name VC’s and an unexpected buy-out offer from Google. In fact, Google’s offer for $15 Million was equal to the highest valuation from the venture firms. Lets take venture capital and grow this thing into a real business.”.

Hockey Stick 276

Hockey Stick Venture Capital Startup Cofounder 276

Professor VC

APRIL 1, 2010

There has been a lot of discussion and publishing of standard term sheets, including Y Combinator, TechStars and SeriesSeed. A good comparison of the various "standard" term sheets can be found at Start-up Company Lawyer. Marios firm, Wilson, Sonsini, even has a term sheet generator on their site.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32

Steve Blank

APRIL 1, 2020

If you were expecting angel or venture funding get on the phone to your investor(s). Some VC’s are walking away from signed term sheets. The CFO should be on the phone to sources of additional capital. Days 3 and 4: Prepare new business model and operating plan. Others are cutting their valuations.

South Korea 333

South Korea Salary Business Model China 333

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. . 1) Manage the firm . Before you can actually invest, you have to manage your fund. In the private equity universe, most Partners have primary training as deal-makers, not as managers.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Lessons Learned

MAY 31, 2019

Scott Kupor is the managing partner at Andreessen Horowitz, where he’s responsible for all operational aspects of running the firm. He's been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $10 billion.

Lean 108

Lean Venture Capital Conversion IPO 108

Professor VC

APRIL 7, 2011

From my experience, negotiating debt deals with an experienced investor will result in a number of the same terms and wont save much (if anything) on legal fees. The Most Important Venture Capital Statistic. Congratulations on the Best Venture Capital Investment. Venture News. ► July. (1). 2 weeks ago.

San Jose 36

San Jose Technical Review Angel Investor Valuation 36

Reid Hoffman

JULY 27, 2021

I have a standard aphorism I share when I speak with a group of MBA students: “There are two things that need to be explained away in order for me to invest in your startup: An MBA or a background in management consulting.”. Going to business school is one of the worst places to accomplish this. It’s okay to prepare yourself first.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

I have a standard aphorism I share when I speak with a group of MBA students: “There are two things that need to be explained away in order for me to invest in your startup: An MBA or a background in management consulting.”. Going to business school is one of the worst places to accomplish this. It’s okay to prepare yourself first.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Professor VC

JANUARY 20, 2009

The Most Important Venture Capital Statistic. The funding search began the day after Labor Day and continued throughout the fall as the environment continued to worsen, and resulted in a term sheet the day before Thanksgiving. Labels: bootstrapping , CFO , Fliqz , venture capital , venture financing.

Venture Capital 28

Venture Capital Silicon Valley San Jose Bootstrapping 28

Both Sides of the Table

SEPTEMBER 20, 2009

And they have responsibilities for helping to manage their fund. We don’t have a term sheet yet but seem close. They aren’t sure about your business model? VC’s (like you) are busy. Tags: Pitching VCs Start-up Advice startup technology vc venture capital.

Campaign 277

Campaign Email Venture Capital Term Sheet 277

Tim Keane

MARCH 8, 2010

A philosophy of valuations and term-sheets » March 08, 2010. And the National Venture Capital Association and the Angel Capital Association have both weighed in.  And the National Venture Capital Association and the Angel Capital Association have both weighed in. 

Accredited Investor 60

Accredited Investor Wisconsin Angel Investor Bootstrapping 60

Professor VC

JUNE 20, 2011

I took a look back at our original financial model we presented to VCs in 2004. The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same. offering to invest $75K if we could find another $250K by September 30, 2005.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

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 262

Customer Development Developer Customer Silicon Valley 262

Professor VC

FEBRUARY 12, 2015

investment bankers, while the dot com bubble was driven by investment bankers willing and able to convince institutional and retail investors that companies didn''t need to have a business model or even a way to exist without relying on additional investment. No, the question today is not whether these unicorns are viable businesses.

Las Vegas 28

Las Vegas IPO Pre-Money Valuation Valuation 28

reidhoffman.org

NOVEMBER 12, 2013

But with so many investors still licking their wounds from the dot-com bust, many focused on proven business models, such as advertising or e-commerce. The general rule is one business model drives the business. As it happened, we did end up pursuing all three lines of business. What will their concerns be?

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Both Sides of the Table

FEBRUARY 14, 2016

When I was an entrepreneur there was no public information about how term sheets worked or how investors thought. The billions of dollars managed by mutual funds, hedge funds, insurance companies, university endowments, pensions, foundations, sovereign wealth funds and the like need to find returns for their money.

Valuation 150

Valuation Down Round Startup Later Stage 150

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. First Principles. Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. -

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

Up and Running

MARCH 29, 2017

See Also: What Do Venture Capital Firms Want? At the same time, I was starting to realize that both the elegance of cloud-based software and the business models it enabled were what really got me excited. So I applied and was lucky enough to be accepted at Harvard Business School, where I started in the fall of 2013.

Term Sheet 60

Term Sheet Venture Capital Liquidation Preference Valuation 60

Life Beyond Code

SEPTEMBER 27, 2011

This is where numerous ventures fail. Once the $1 million revenue milestone is crossed, entrepreneurs find it easier to find additional customers, manage working capital, and access funding, whether it is credit or equity. After all, there are many more $5M, $10M, $20M ideas out there than $500M or billion dollar ones.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

steveblank.com

JULY 8, 2011

signup, upgrade, trial pricing Zuora – online subscription management FeeFighters – find the cheapest credit card processors HealPay – Collections made easy Customer Support Tender – support, knowledgebase tool for your site GetSatisfaction - conversations between companies / customers.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Task Management. Project Management Tools. Subscription Payments / Management. Managing APIs. Customer Relationship Management. Contractor Management. Private beta invitations & management: Prefinery. About VC Cafe.

Software Review 53

Software Review Technical Review Startup 53