Both Sides of the Table

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Are Business Plans Still Necessary?

Both Sides of the Table

In an era of “launch and learn&# is there a need for a business plan? I have seen really great product people espouse the death of the business plan. So, definition: when I talk about a business plan I’m not talking about a 40-page Word document outlining your market approach.

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Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

It’s interesting that the question is pitch deck’s being obsolete versus business plans being obsolete. So very few investors want Business Plans any more. If you are outside internet software we are not going to invest. And so you really have a log of software algorithmic stuff that is very, very difficult.”.

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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

A receiver thin enough to be a sleeve on a phone and small enough in surface area requiring the right materials (they can transmit & receive with devices thinner than 5 millimeters), Precision tracking software so they can focus the sound beam to concentrate the sound wave exactly to your receiver and avoid inefficiencies of diffusion.

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Venture Capital Q&A Session

Both Sides of the Table

First advice – don’t respond to a VC website that says “submit your business plan here&# – if it’s read at all it will be read by an intern and likely be filtered before it reaches a decision maker. Minutes 18.30 – 26.30. Second – don’t send unsolicited emails to VCs.

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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

Consumers buying through smart phones, travelers using the new, shared economy and businesses replacing old software with modern cloud-based solutions. In the software industry we’ve always had a term that’s a bit of an anachronism called “shelfware.” For what purpose are they using your software?

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What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

I spent nearly a decade building software for large companies and then advising companies on the same. He refined his business plan and he got commitments for $150-200k but needed some lead angels to commit first. When he re-approached me he had a much better plan and he had a prototype!

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

Well … I have had many late nights and I really didn’t contemplate writing many blog postings this month because I spent November in this interesting venture capital / fund raising dance involving lots of late night sessions reviewing legal documents, rewriting business plans and preparing for pitches. Page 4: Business Model.