Remove Capital Call Remove Management Remove Operations Remove Portfolio
article thumbnail

Are Business Plans Still Necessary?

Both Sides of the Table

portfolios. Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). Great product managers who are not great business people still often fail. 66% Net Operating Margins? Cisco and others went out to fill out their Web 2.0

article thumbnail

Group Finance Director

Transformify

In this role you will work closely with the senior management and executive board, supporting in the businesses planning and strategy. You must have unfailing integrity and a willingness to adopt a hands-on approach whilst operating at a high level. Seniority Level Director Industry Accounting Employment Type Full-time Job Functions

Finance 40
article thumbnail

How VCs Make Money….Hopefully

ithacaVC

That means that it has capital commitments from investors of $100mm. Capital is called when needed for investment, fund expenses or management fee. And, VC1 does not reinvest capital returned (with very few limited exceptions) – VCs are not hedge funds! salary paid from management fees.