Steve Blank

MARCH 12, 2014

Therefore we needed them to think and learn about two parts of a startup; 1) ideation - how to create new ideas and 2) customer development – how do they test the validity of their idea (is it the right product, customer, channel, pricing, etc.). That’s when everything changed.

Lean 334

Lean Customer Development Startup Silicon Valley 334

Steve Blank

OCTOBER 24, 2017

Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. A pre-IPO board usually had two founders, two VCs and one “independent” member. Technology Cycles Measured in Years.

Founder 245

Founder Technical Review CTO Hire IPO 245

Steve Blank

MAY 9, 2017

When the product and channel are bits, adoption by 10’s and 100’s of millions and even billions of users can happen in years versus decades. The founders were simply wrong about their assumptions about customer needs. It turns out the term “visionary founder” was usually a synonym for someone who was hallucinating.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

SoCal CTO

JUNE 9, 2010

But founders need to know how to ask for their advice and when to ignore it. Startup Insights From Paul English, Co-Founder of Kayak - OnStartups , May 10, 2010 I’m just wrapping up several weeks of attending conferences across both coasts. Why Entrepreneurs Hate Lawyers. was having coffee with a friend who teaches at the U.C.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Both Sides of the Table

MAY 4, 2013

Should I trust my instincts for founders and products or should I be more focused on the market size or business plan? Of course I went through normal other channels of deal flow. ” As far as “terms” go I’m 100% aligned to have the most vanilla, founder-friendly terms I can. What stage? What price?

Deal Flow 347

Deal Flow Early Stage Investment Bankers Technical Review 347

Both Sides of the Table

MAY 4, 2013

Should I trust my instincts for founders and products or should I be more focused on the market size or business plan? Of course I went through normal other channels of deal flow. ” As far as “terms” go I’m 100% aligned to have the most vanilla, founder-friendly terms I can. What stage? What price?

Early Stage 361

Early Stage Deal Flow Investment Bankers Technical Review 361

Both Sides of the Table

MAY 19, 2010

Founded in November 2007 in New York City by Alexis Maybank and Kevin Ryan (co-founder of DoubleClick); CEO is Susan Lyne (ex-CEO Marta Stewart Living Omnimedia) Revenue estimates: $50mm in 2008; $170mm in 2009 (versus budget of $150mm); $450mm forecasted for 2010. -CEO hinted to WSJ that it may go public in early 2011.

Partner 240

Partner New York City Cofounder Syndicate 240

Steve Blank

MARCH 31, 2014

Today’s workforce has radically different expectations, brands are losing their power, physical channels are being destroyed by virtual ones, market share is less important than market creation, and software is eating world. Look at the valuations of companies like Tesla, Illumina, and Twitter. This never ends well.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

FEBRUARY 10, 2016

Funding challenges and other issues founders face in the early days of starting up were the focus of interviews with the latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111 (airing weekly Thursdays at 1 pm Pacific, 4 pm Eastern). Will Zell , co-founder and CEO of Nikola Labs wireless power company.

Silicon Valley 120

Silicon Valley Ohio Columbus Entrepreneur 120

David Teten

DECEMBER 3, 2019

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . A tool like Quuu identifies relevant, shareable content to keep your social media channels active. . Russell Rothstein, Founder and CEO, IT Central Station , a product review site, said, “We see VCs on our site very often.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

The Startup Magazine

SEPTEMBER 23, 2021

As a testament to the growing power of “the creator economy,” visual content creation app development startup Lightricks has secured an impressive $130 million investment round, at a valuation of $1.8 Audiences constantly consume information through the different content channels daily.

Private Equity 144

Private Equity Developer Venture Capital Merger 144

YoungUpstarts

APRIL 5, 2019

by Dan Abatte, co-founder of 81-c. Are you fresh out of Y Combinator with $1 million in funding at a $10 million valuation? Blenders don’t exactly energize an audience, but that didn’t stop Blendtec from developing a popular YouTube channel around their product. Making it” is relative. You must be the man (or woman)!

Valuation 162

Valuation Cofounder Metrics SEC 162

www.entrepreneur.com

SEPTEMBER 22, 2011

When you're getting started, sweat equity is often a critical component of your negotiating leverage with co-founders, early stage employees and others who aren't paid market wages to help you grow your business. Sweat equity is just one component of early-stage valuation. Here are some tools for tackling the challenge.

Sweat Equity 55

Sweat Equity Equity Fractional CTO CTO 55

ReadWriteStart

DECEMBER 31, 2013

Snapchat may be a company with no revenue and an unrealistic valuation, but it is changing the way people think of messaging. IFTTT is built on channels—or different platforms and services that can send and receive triggers and actions—the if and then requests. Startups abounded in every sector. SmartThings.

Startup 60

Startup Cofounder San Francisco Software Review 60

YoungUpstarts

FEBRUARY 6, 2014

by Tom Larkin, cofounder and CEO of Social Rebate. Understand the problem you’re solving, recognize your market size, and identify the most effective channels to that market. Understand the problem you’re solving, recognize your market size, and identify the most effective channels to that market.

Cofounder 154

Cofounder Elevator Pitch Early Stage Valuation 154

crowdSPRING Blog

JULY 5, 2013

Why you can’t find a technical co-founder – [link]. Startup co-founder survival tips – [link]. Valuation vs Ownership | by Fred Wilson – [link]. Facebook & Twitter customers are worth less long term than other channels | VentureBeat – [link].

Social Media 92

Social Media Small Business Design Media 92

Startup Professionals Musings

FEBRUARY 20, 2017

They only see and remember the recent new entrants in the billion dollar valuation club, including Uber, Airbnb, and Snapchat. Plan and budget for all the channels of marketing, including social media, digital content, video, and traditional. Find co-founders to complement your expertise.

Valuation 164

Valuation Bankruptcy Cofounder Social Media 164

abovethecrowd.com

JUNE 2, 2021

This “gain” ($34B last year alone) is a result of a direct wealth-transfer to these individuals FROM the previous owners of the company — founders, executives, employees, and venture investors. They return the favor by doing more banking business with said banks, and some of the windfall-money comes right back to the bank via other channels.

IPO 82

IPO Customer Matching Silicon Valley 82

www.currentlyobsessed.com

MAY 28, 2010

Valuation is an important aspect of VC deal terms, and a major determinant of your ultimate outcome. I unexpectedly found that it was more helpful to think about the company valuation as an output variable in the fund-raising equation. The net effect was more money raised, higher valuation and the same percentage of equity sold.

Valuation 42

Valuation Channel Pre-Money Valuation Term Sheet 42

YoungUpstarts

JANUARY 11, 2018

by Courtney Reum and Carter Reum, co-authors of “ Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches “ Too often we see leaders who have the entrepreneurial instinct to move quickly go wide before they’ve nailed the most crucial early steps. You minimize risk.

Los Angeles 133

Los Angeles Investment Bankers Cofounder Viral 133

The Next Web

SEPTEMBER 24, 2013

A fortnight ago, Boris interviewed Reed Hastings on his business lessons and experience, but now I’m shaking it up with a look at a 26-year-old founder who is disrupting the mobile and social networking spaces: Kik CEO and founder Ted Livingston. Credit: PUNIT PARANJPE/AFP/Getty Images.

Entrepreneur 167

Entrepreneur CTO Hire Startup Mobile 167

Transformify

APRIL 12, 2020

Usually, the remote workers work from home or co-working spaces and visit the company office once per month or even once per quarter. On top of that, they know how monitoring algorithms work and are likely to use a variety of channels to mitigate the risk. A good example is a company based in London creating remote jobs in Bristol.

Bangladesh 98

Bangladesh Philippines Salary Cofounder 98

Startup Lessons Learned

SEPTEMBER 22, 2008

The law of large numbers (of customers) says you cant help but make at least some money - your valuation is determined by how well you monetize the tidal wave of growth. The spread between your LTV and blended CPA determines either your profitability or your rate of growth, and a high valuation depends on balancing these two factors.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

VC Cafe

MARCH 27, 2022

For founders reading this, hope its help you better understand how investors think and address it in your pitch. Platform risks can’t be eliminated, but they can be mitigated by reducing dependency on a single channel and having ownership of the user (or at least a direct way to communicate/engage them). link] — jack??

Cofounder 179

Cofounder Venture Capital Equity 179

YoungUpstarts

JULY 29, 2013

by Meng Weng Wong, co-founder and social engineer at JFDI Asia. You have to be prepared for the grueling rigors of fundraising and repeated rejections, and difficult negotiations over valuation. Some founders stay at hostels. Each founder who owns shares in the startup and has attended JFDI will be invited.

Asia 207

Asia Singapore Cofounder Incubator 207

mashable.com

OCTOBER 16, 2010

All of this is according to Paul Graham, co-founder of the early-stage investment fund Ycombinator. The result is that many venture capital firms are now making smaller angel investments in an attempt to get close with startup founders that are likely to raise bigger funding rounds later on. Work from Anywhere: 9 Handy Portable.

Angel Investor 84

Angel Investor Venture Capital Social Media Technical Review 84

mashable.com

OCTOBER 16, 2010

All of this is according to Paul Graham, co-founder of the early-stage investment fund Ycombinator. The result is that many venture capital firms are now making smaller angel investments in an attempt to get close with startup founders that are likely to raise bigger funding rounds later on. Work from Anywhere: 9 Handy Portable.

Angel Investor 83

Angel Investor Venture Capital Social Media Technical Review 83

David Teten

DECEMBER 12, 2017

In his white paper How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood , PEVCTECH.com founder David Teten explored how private equity and venture capital investors are trying to automate more of their job. I’d expect a similar shift in venture over the next decade or two.”.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

Duct Tape Marketing

DECEMBER 14, 2017

He is the founder and CEO of Stackify. I said in the intro and it’s funny how many founders of companies start companies because they can’t find something or they can’t get something solved, so they just solve it by creating a company. As a founder of a company, a CEO of a company. Go check it out.

Kansas City 40

Kansas City CTO Hire Las Vegas Software Developers 40

View from Seed

FEBRUARY 19, 2015

This is a guest post from Rob May , a co-founder and CEO of Backupify , which raised $19.5M And if we have to give someone their first shot, it might as well be you, because you co-founded the company and care more about it than anyone else ever will.”. Hang out with other founders and CEOs. He was right. Keep at it.

Founder 120

Founder Startup Cofounder Business Model 120

Reid Hoffman

JANUARY 19, 2021

On many boards, both the CEO and CFO have direct channels with the board so that they can provide the yin and yang (in a well-coordinated way). At this stage, you need a true founder who fervently believes they’re going to make the company successful. Right now, our whole bet is on the CEO and the founders and making them successful.

Startup 36

Startup Cofounder Advertising Hiring 36

The Next Web

SEPTEMBER 29, 2013

Before StartEngine, Howard co-founded Activision and founded Acclaim Games. . Weaknesses inside the founder team kill startups. The truth is, sometimes you need to replace your co-founders and start over. You’re tinkering with your marketing and sales channels. How it applies to your marketing channels.

Metrics 136

Metrics Cofounder Cram Down Liquidity Event 136

ReadWriteStart

AUGUST 26, 2022

So, think of the typical two founders with a pitch book in a garage. Instead, that’s the sort of pre-series-A investment where companies or founders have visions of where they think there are underserved market needs, and they’re coming up with something super excited to try to solve that. . We’re a crossover fund.

Partner 132

Partner Cofounder Retention Acquisition 132

Up and Running

SEPTEMBER 20, 2016

When I was seeking a co-founder for my startup, each time I’d dive deep into a discussion about commitment with potential partners, they’d bring up venture capitalists and fundraising. An early question among potential co-founders during these discussions was always “have you raised money yet?” You’ll get a low valuation.

Early Stage 60

Early Stage Startup Forecast Channel 60

Start Up Blog

APRIL 28, 2011

What we’ve seen in digital…’A mashup co-creation, mass customised society’… we will inevitably see in retail…. Probably as a function of the gold standard (global price of gold as the trading valuation mechanism) with some form of digital instant and unseen conversion from our home currency into some quantum derived from gold.

Moldova 91

Moldova Internet Australia Libya 91

The Next Web

AUGUST 14, 2013

This is a guest post by Wade Foster , co-founder and CEO of Zapier, which originally appeared on his blog. But since I’m relatively fresh off of the experience I get asked by first-time founders how they should go about raising money for their startup. Usually those aren’t first-time founders though. It certainly did me.

Founder 142

Founder Incubator Cofounder Accredited Investor 142

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Team Configuration 500 Startups Guerilla Marketing Organizations Entrepreneurship Startup Founders & Entrepreneurs Startups Startup Incubators and Seed Programs Seedcamp Y Combinator TechStars Lean Startups What is the perfect startup team? Lakshman Prasad • Nov 16, 2010.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51