article thumbnail

Are Business Plans Still Necessary?

Both Sides of the Table

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). Cisco and others went out to fill out their Web 2.0

article thumbnail

Founder Interview: Bill Walsh on Eliminating Small Business Failure

The Startup Magazine

Here’s more from The Startup Magazine Founder Interview series. We interviewed Bill Walsh, CEO/Founder of Business Coaching / Venture Capital firm Powerteam International. Get access to low cost capital. Call all of your best customers. Bill hosts and speaks at events all over the world! Pay attention to our leaders.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How VCs Make Money….Hopefully

ithacaVC

And it literally has to pay in $$ when VC1 makes a capital call. Now, there are interesting ways for the GP to fulfill its portion of a capital call using “fee waiver”, but I am not going to address that here. It literally has an investment share in the fund just like any other limited partner.

article thumbnail

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

Altgate

I say ecosystem as opposed to industry because it is not just the VC funds themselves that are imploding, instead the collapse includes entrepreneurs and startups that were funded by VCs, angel investors, service providers like lawyers, bankers and accountants as well as limited partner investors in VC funds. But some will be saved.

article thumbnail

What Makes a Great Independent Board Member?

Both Sides of the Table

Industry Expertise You don’t need a peer from another startup as your independent?—?you What you don’t get on a typical startup board is somebody who brings the wisdom of your industry. That’s why hiring somebody with some startup experience can really help. you can build that with your personal peer network. Diplomatic?—?A

Warrant 187
article thumbnail

Death By VC

Venture Chronicles

What happens is that the large fund will exercise their majority position in the class to force an orderly shutdown of the company, return of capital to investors, and sale of the intellectual property, if any. It’s the nuclear scenario.