Feld Thoughts

AUGUST 25, 2015

In January, Jerry Neumann wrote a long and detailed analysis of his view of the VC industry in the 1980’s titled Heat Death: Venture Capital in the 1980’s. He was a former Wall Street analyst with no operating or investment experience, who became a VC by teaming up with operator LJ Sevin. This isn’t correct either.

Venture Capital 70

Venture Capital SBIC Technical Review Silicon Valley 70

David Teten

AUGUST 19, 2019

A new wave of Revenue-Based Investors are emerging who are using creative investing structures with some of the upside of traditional VC, but some of the downside protection of debt. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital.

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Steve Blank

APRIL 23, 2014

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Of the Inc. 5000 companies, only 6.5% raised from angels.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

APRIL 24, 2011

I just read the Q1 2011 report from CB Insights , which shows venture capital is back. Your friends and family are really the only answer until you have a significant revenue stream. Back to VCs, Silicon Valley venture capital firms are still the most active. Both operating executives and top advisors count.

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

VC Cafe

JANUARY 24, 2023

Live operations refer to the ongoing management and maintenance of a game after its initial launch, and can include things like events, updates, and community management. How did the video game business evolve from its packaged goods roots in the early '90s to the complex, multi-platform, online business of today?

Generative AI 103

Generative AI San Francisco Technical Review Europe 103

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Reasons for funding. ? Scale up your operations. Now you may want to scale up your operations or expand your presence. Incubators and Accelerators.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

The Startup Magazine

AUGUST 3, 2021

Australian entrepreneur and consulting firm owner Luke Lazarus understands that launching a business is not easy. Operating a competitive business and turning a significant profit is even more challenging. Despite the odds against new business success, Lazarus started and operated four businesses by the time he was 25 years old.

United States 167

United States Entrepreneur Angel Investor Social Media 167

Startup Professionals Musings

MAY 14, 2012

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 242

Business Model Distribution Viral Green 242

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.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

The Startup Magazine

JULY 1, 2022

Production or service is the business’s core activity, which generates revenue. All three of these components are essential to the success of a business. How To Create A Business Model And Identify Your Target Market. Creating a business model is an essential step in starting a business.

Technology 138

Technology Venture Capital Finance Startup 138

ReadWriteStart

APRIL 8, 2023

Automation, Chatbots, AR, and AI Reign: the Future is Already Here Read more: 5 Reasons Why AR is the Future of Online Shopping Automation makes business operations flow smoothly without encountering technical difficulties. It also improves employees’ productivity by allowing them to focus on vital business operations.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Startup Professionals Musings

JANUARY 29, 2011

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 246

Business Model Distribution Viral Green 246

Up and Running

NOVEMBER 15, 2017

Even if you already know what a SWOT analysis is and what it’s used for, it can be tough to translate that information and examine your own business with a critical eye. Reading an example SWOT analysis for a business that is either in your industry or based on a comparable business model can help get you started.

Botswana 148

Botswana Business Plan Oregon Distribution 148

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? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 219

Customer Development Web Developer Customer 219

ReadWriteStart

FEBRUARY 21, 2021

Early in your startup’s development, you’ll likely be low on capital. Even if you have an angel investor or a venture capital (VC) firm backing you, you’ll have an abundance of expenses, limited income, and a finite amount of time before the money completely runs out. Accordingly, you’ll need to be frugal. Cut or Keep?

Startup 106

Startup Software Review Open Source Technical Review 106

Steve Blank

MARCH 17, 2020

With the Covid-19 virus a worldwide pandemic, if you’re leading any startup or small business, you have to be asking yourself, “What’s Plan B? Here are a few thoughts about operating in uncertainty in a pandemic. But next the question is, ‘What happens to my business?”. What does your new business model look like?

Burn Rate 436

Burn Rate Startup Valuation Sales Cycle 436

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. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

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. As the venture capital business has come roaring back in the last 5 years, startups are awash in available capital. These innovations do not require change in a company’s existing business model.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

David Teten

AUGUST 21, 2019

Or should they look to one of the new wave of Revenue-Based Investors? Revenue-Based Investing (“RBI”) is a new form of VC financing, distinct from the preferred equity structure most VCs use. For more background, see Revenue-Based Investing: A New Option for Founders who Care About Control. But should they? Aligned incentives.

Revenue 60

Revenue Liquidation Preference Equity Cofounder 60

Up and Running

MARCH 14, 2018

Your revenue or business model. Most startup teams are missing some key talent—be it marketing, management expertise, programmers, sales, operations, financial management, and so on. Show what you’re projecting in revenue (per product) over the next three to five years. How will you make money ?

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

YoungUpstarts

JULY 16, 2020

The COVID-19 crisis has caused many businesses of all sizes to re-evaluate their plans and pivot their business models. If your company has been suffering from losses or is exposed to risks because of this pandemic, you may want to consider changing your business entity. You as the business owner are also “the business.”

LLC 255

LLC Bankruptcy Venture Capital Stock 255

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

Austin Startup

OCTOBER 15, 2017

What seems to be the best way to create customers and revenue may result in a business model that is out of vogue with the investment world and shortchanges you on enterprise valuation. Heck, there was no venture capital in Dixie in that era. A good example is the marketing technology sector.

Technical Review 48

Technical Review Software Review Nevada Silicon Valley 48

K9 Ventures

JUNE 12, 2012

Before we proceed, it is important to understand two important points about institutional venture capital. For most venture capital funds money is a commodity. VCs also operate in a limited time window that is determined by the duration of their funds. K9 Ventures is also on Facebook and Google+.

Venture Capital 117

Venture Capital Silicon Valley Founder Seed Stage 117

Steve Blank

DECEMBER 3, 2012

and reorganized into operating divisions (by product, territory, brand, etc.) This strategy-to-structure shift from functional organizations to operating divisions was led by DuPont and popularized by General Motors and quickly followed by Standard Oil and Sears. Enter the Business Model Canvas.

Business Model 333

Business Model Customer Development United States Operations 333

K9 Ventures

JUNE 12, 2012

Before we proceed, it is important to understand two important points about institutional venture capital. For most venture capital funds money is a commodity. VCs also operate in a limited time window that is determined by the duration of their funds. K9 Ventures is also on Facebook and Google+.

Venture Capital 105

Venture Capital Silicon Valley Founder Seed Stage 105

Steve Blank

JUNE 23, 2016

These resulting business models made them look incredibly profitable. They knew how to execute the current business model. Intel under their last two CEOs delivered more revenue and profit than any ever before. Risk capital has provided financing for new ideas in the form of startups. Lessons Learned.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Both Sides of the Table

JUNE 22, 2011

Ah, but today’s Internet companies have real revenue! Those with strong business models suddenly stand out when the tide goes out. It’s what I love about entrepreneurship and about venture capital. I said that at the Founder Showcase, too. and profits! Why I will still be investing.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Up and Running

SEPTEMBER 19, 2017

Background: Justin Klemm’s analytics and website uptime startup, Ghost Inspector , wants to revolutionize the way businesses manage their ecommerce funnels. That is to say, they’d want to be able to control costs and revenues at a high level.

Private Equity 94

Private Equity Pre-Money Valuation Equity Startup 94

This is going to be BIG.

JUNE 5, 2013

That''s why I faceplant when New York City seems to be the toughest place for all of these new services to operate. We''re supposed to be startup friendly, but the startups that want to come here and offer life improving services to the community can''t operate freely. It''s embarrassing for us as a tech community. Enter Airbnb.

Technical Review 110

Technical Review New York City New York Startup 110

The Startup Magazine

NOVEMBER 11, 2020

Business Insider reports that chain restaurants across the country are closing more than 1800 outlets. Some companies, most noticeably providers of storage pods and smaller, more agile enterprises can change their business model and adapt to the changing economy. Recovery is a certainty. Look At The Three R’s.

Business Model 157

Business Model Agile Analytics Demand 157

Up and Running

MARCH 4, 2022

The number fluctuates from year to year with businesses coming and going. A business plan does far more than help secure venture capital when you’re starting out. You’ll use a strong business plan throughout the life of a company. Look at the business plan through the eyes of someone outside the industry.

Business Plan 117

Business Plan Revenue Small Business Administration United States 117

Up and Running

MAY 30, 2022

Determines financial needs and revenue models. A vital part of starting a business is understanding what your expenses will be and how you will generate revenue to cover those expenses. Creating a business plan helps you do just that while also defining ongoing financial needs to keep in mind.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Electron-based Venture Capital. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. Here’s why.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

crowdSPRING Blog

NOVEMBER 30, 2012

Did you know that the physics involved in flippings cats also allow us to operate space telescopes? Small Business and Startups: 5 DIY Things To Do For Your Brand! Start With a Business Model, Not a Business Plan | WSJ – [link]. The danger of waiting to long to find a business model?

Social Media 100

Social Media Small Business Central African Republic Design 100

Steve Blank

APRIL 1, 2020

But other businesses like law firms, contracting firms, real estate firms, will take hits, too. Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? Operating Numbers. If you were expecting angel or venture funding get on the phone to your investor(s). Unemployment %.

South Korea 333

South Korea Salary Business Model China 333