SoCal CTO

DECEMBER 1, 2007

Then, I Review existing materials Business Plan Marketing Plan Marketing Materials Product Plan / Roadmap Current and Projected Financials Business Pipeline Team Member Bios / Resumes Current Metrics Roadmap Normally there are crude documents for each of these areas that can be quickly read / scanned.

Fractional CTO 231

Fractional CTO CTO Hire Technical Review Early Stage 231

SoCal CTO

NOVEMBER 1, 2010

You should avoid spending your time here and instead focus on finding a way to generate revenue or to attract investors so that you can afford to hire someone. Sweat equity is also applicable for someone who is very interested in the subject that you are working on. What sweat equity is not good for is for people who you don’t know at all.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

SoCal CTO

MAY 19, 2010

For example, TCA’s evaluation criteria first bullet is: A market opportunity sufficiently large to create a business that can grow to at least $50 million in annual revenues. Can you raise $750K - $1M with no future investments planned? But, this is not my experience with Angel groups. These are so detached from reality.

Hockey Stick 205

Hockey Stick NPV IRR Forecast 205

SoCal CTO

NOVEMBER 5, 2009

Sometimes we draft business plans and coach the entrepreneurs on their pitch, and sometimes we even help develop a business model. A few years ago “venture capital” was a revenue model. We are not “finders” and usually serve the role of advisor and attorney.

Los Angeles 150

Los Angeles Southern California Startup Intellectual Property 150

SoCal CTO

DECEMBER 1, 2010

No Business Plan Survives First Contact With A Customer – The 5.2 The Proof Is In The Revenue. Online Video on Lies About Business Planning - Up and Running , November 19, 2010 Business plans are a waste of time? billion dollar mistake. Steve Blank , November 1, 2010 At $5.2-billion Don’t bother?

Technical Review 175

Technical Review Technology Product CTO Hire 175