Startup Professionals Musings

APRIL 17, 2023

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 313

Angel Investor Intellectual Property Investment Bankers Private Equity 313

Steve Blank

OCTOBER 24, 2017

— all great things when you are executing and scaling a known business model. Because the new CEO had built a team capable of and comfortable with executing an existing business model, the company would fail or get acquired. provide experienced and hands-on mentorship; and offer a growing network of founding CEOs.

Founder 245

Founder Technical Review CTO Hire IPO 245

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. . But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . Most of us want one spouse and we’re done.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Steve Blank

APRIL 1, 2020

If you were expecting angel or venture funding get on the phone to your investor(s). Others are cutting their valuations. The CFO should be on the phone to sources of additional capital. Remember, a year from now no one wants to be the CEO of a company out of business whose lament is, “I did what the board told me to do.”.

South Korea 333

South Korea Salary Business Model China 333

David Teten

MARCH 18, 2021

of venture capital deals. Those companies have garnered only about 2% of all capital invested. By contrast, Right Side Capital has a very tight thesis : . Valuation: $1M – $3M. 2) Business model-defined funds. B2B vs B2C) within the business model preference. . 1) Industry funds.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

David Teten

JANUARY 19, 2021

Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. We detail below the major categories of VC: VENTURE CAPITAL TYPOLOGY. Yes, via conversion rights at a valuation cap.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Reid Hoffman

JULY 27, 2021

The Network May Not be as Valuable as It Seems. Even critics of business school will generally acknowledge that attending a top-tier school helps the student build a strong personal network. But how strong is that business school network actually useful for entrepreneurs? THE CASE FOR PURSUING AN MBA.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

The Network May Not be as Valuable as It Seems. Even critics of business school will generally acknowledge that attending a top-tier school helps the student build a strong personal network. But how strong is that business school network actually useful for entrepreneurs? THE CASE FOR PURSUING AN MBA.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

David Teten

AUGUST 20, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. I have been impressed by how these venture capitalists are accomplishing a major social impact goal…without even trying to. of venture capital deals. Realistic projections.

Revenue 60

Revenue Cofounder Founder Venture Capital 60

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. The Yin and Yang of Product and Engineering - A VC : Venture Capital and Technology , May 22, 2010 For a tech company, product and engineering are the heart and soul of the business.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

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

JULY 22, 2020

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370

Both Sides of the Table

MAY 23, 2012

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. Thank you, Aaron Sorkin!

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Tim Keane

JANUARY 12, 2010

Term-sheets and Valuations: Thinking about Negotiations.   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.]

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

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. Marty Zwilling.

Venture Capital 123

Venture Capital Elevator Pitch Silicon Valley Massachusetts 123

YoungUpstarts

JANUARY 6, 2014

I remain the major shareholder in a number of what we consider “built-to-last” companies, all with strong valuations and ROI potential. Whatever it is, I know it will be self-funded, it will risk only time and creativity, and it will be on the defining edge of venture capital best practices.

San Francisco 154

San Francisco Business Model Silicon Valley Coder 154

Austin Startup

FEBRUARY 13, 2019

Convertible debt is best when you don’t yet have revenue or a good sense for your valuation, because it allows you to raise money on the basis that the valuation will be set one to three years in the future, based on execution of the early business model.

Strategic Investors 49

Strategic Investors Austin Angel Investor Bootstrapping 49

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. Palico (7%) and Trusted Insights (6%) are the firms mentioned most often in our survey.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Startup Professionals Musings

AUGUST 19, 2018

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 184

Angel Investor Intellectual Property Investment Bankers Private Equity 184

View from Seed

JANUARY 11, 2023

Think partners coming together to tap their own networks for your follow-on rounds of financing. Our wrap-up day will be hosted in San Francisco and will focus on exposing our geographically diverse teams to the epicenter of venture capital within Silicon Valley. Every team will receive $400k for selling 10% ownership.

Programming 156

Programming Sacramento San Francisco Founder 156

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. Try the “soft sell” via networking. Show results first.

Cofounder 60

Cofounder Metrics Angel Investor Silicon Valley 60

crowdSPRING Blog

NOVEMBER 30, 2012

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]. Want Venture Capital Funding? 25 Illustration Based Business Card Designs – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Startup Professionals Musings

JULY 4, 2014

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Angel Investor 232

Angel Investor Intellectual Property Investment Bankers Private Equity 232

www.vccafe.com

MARCH 11, 2013

Venture Capital Cafe > Startup Resources (Updated Mar 2013). Social networking. Create your own social network. free enterprise social network. Boilerplate Venture Funding Documents. National Venture Capital Association â?? model legal documents. Raising Venture Capital.

Software Review 53

Software Review Technical Review Startup 53

Steve Blank

MARCH 18, 2011

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. Underwriters realized that as long as the public was happy snapping up shares, they could make huge profits from the inflated valuations. Carpe Diem.

Internet 334

Internet IPO Silicon Valley Agile 334

reidhoffman.org

NOVEMBER 12, 2013

This gave me an idea: I could help many more entrepreneurs by making the deck available not just to the Greylock network of entrepreneurs, but to everyone. Friendster’s valuation set the tone for the entire social networking space. The graphic we chose emphasizes that it is a network of people. Why is it valuable?

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Startup Professionals Musings

AUGUST 13, 2016

Different types of investors tend to specialize in capitalizing on businesses at different stages. Venture capital firms look for the most mature companies they can find, Angel investors typically deal a tier lower, while friends and family are most likely to help you get started. Congratulations!

Matching 120

Matching Angel Investor Intellectual Property Investment Bankers 120

Cracking the Code

NOVEMBER 13, 2008

The fact that SaaS valuations are being more affected by the downturn than the Nasdaq can be surprising given the supposed resiliency of the SaaS model (recurring revenues) but it translates the public investors belief that SMB software spend is going to be hit very hard by this recession. SaaS 13 Index Valuation. anecdotes. (13).

Software Review 48

Software Review Technical Review Valuation Portfolio 48

techcrunch.com

FEBRUARY 19, 2010

Researchers polled experts in lending, mezzanine capital, private equity, venture capital and private businesses themselves. Not a big shock, but things don’t look pretty, especially in the venture capital world. The businesses, it seems, vastly over-estimate their ability to raise funds.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

Startup Professionals Musings

NOVEMBER 9, 2015

Yet many entrepreneurs rely on expensive outside services and outside money, rather than do the networking for a co-founder or two who have the right skills to work for equity. Indeed, there is a time and place in every new venture where even a bootstrapping entrepreneur should consider bringing on investors.

Bootstrapping 120

Bootstrapping Cofounder Equity Agile 120

steveblank.com

JULY 8, 2011

Home Books for Startups Guide Secret History-Bibliography Steve Blank Startup Tools Steve Blank Entries RSS | Comments RSS Email Subscription Get Steve Blank via your RSS Feed RSS - Posts RSS - Comments Categories Air Force (12) Ardent (10) Audubon (1) Big Companies versus Startups: Durant versus Sloan (39) Business Model versus Business Plan (..)

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Professor VC

SEPTEMBER 26, 2011

Ive written previously about Right Side Capital Management (RCSM) , the latest in my post earlier this year, " How Much Diligence is Due. " (Full disclosure: I am an investor and adviser in RCSM.) They have launched a valuation tool that is free to try out. Labels: due diligence , early stage investing , moneyball , valuation.

Technical Review 38

Technical Review Early Stage San Jose Angel Investor 38

This is going to be BIG.

JUNE 20, 2013

This is what helps ecosystems--training masses of people how to create sustainable businesses over a long period of time. At what point in their valuation they decide to cash out matters less to the ecosystem as long as they intend to stick around, continue to interact with others, and grow their business.

Venture Capital 101

Venture Capital Acquisition Valuation Community 101

Up and Running

MARCH 29, 2017

million for the SaaS startup I founded because sometimes we see success coming out of the blue, when really that person benefited from a broad network of support. See Also: What Do Venture Capital Firms Want? 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

David Teten

FEBRUARY 9, 2015

I’ve listed below the points I recommend you cover when pitching your business to early-stage investors, including but definitely not limited to ff Venture Capital. If you are testing the market to see what terms you can get, just say, “We are targeting to raise $X at pre-money valuation of $Y.”

Venture Capital 60

Venture Capital Pre-Money Valuation Prospectus Early Stage 60

Professor VC

APRIL 1, 2010

One comment made by Jason was that angels tend to be less sensitive than VCs on valuation and can potentially make it difficult to get a venture financing done at acceptable valuation. We are typically looking at either smaller exits or require a lower valuation to get a reasonable step-up to a venture round.

Term Sheet 32

Term Sheet Angel Investor San Jose Venture Capital 32