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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). Let’s take your revenue line. How will your costs scale as your revenue scales. Or lower revenue assumptions. Here’s why. You get the point.

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11 Things I've learned from running a micro VC in the last year

Hippoland

And if your fund does well – i.e. your companies either raise more money or they grow their revenues a lot – you also don’t make more money, because your salary is based on a percentage of your fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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11 Things I've learned from running a micro VC in the last year

Hippoland

And if your fund does well – i.e. your companies either raise more money or they grow their revenues a lot – you also don’t make more money, because your salary is based on a percentage of your fund size. And then later, when the fund needs money, the fund does a capital call.

Salary 48
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The Collapse of the VC Ecosystem & What It Will Look Like Post.

Altgate

Growth stage investors are usually the Series B or C investors who come in when the product is in the market but there is little or no revenue and the team is probably in the 20-something range with the goal to ramp it up to 40-50 employees with the new money, build out a sales team, etc. But some will be saved. “Series B&# funds.