Both Sides of the Table

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Are Business Plans Still Necessary?

Both Sides of the Table

I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 There were tons of young entrepreneurs showing their latest Web 2.0 Unfortunately this was reinforced by the many conferences that rushed to espouse the benefits of Web 2.0 Cisco and others went out to fill out their Web 2.0 portfolios.

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

Both Sides of the Table

This time frame – 2005/2006 – web 2.0 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. Was about a billion dollars on the IPO” and “was one of the first web analytics companies.

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What Makes an Entrepreneur (3/11) – Ability to Pivot

Both Sides of the Table

They went away and made progress in their business. The next time they came back they had changed their business plan to become a variable rate pricing mechanism for image owners to sell to websites and had created an image-based ad-network platform for remnant photos. They had signed up Gawker Media and the New York Post.

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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. Folksonomy. Free product.