Startup Professionals Musings

JUNE 26, 2020

If your goal is a large national corporation with more than 100 investors, and multiple classes of stock, you might prefer a C-Corp or S-Corp. All startups, including non-profits, need revenue to thrive, such as such as from subscriptions, retail, online, licensing, or services. They want to see revenue to share in the return.

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Business Plan Product Intellectual Property Elevator Pitch 423

Steve Blank

APRIL 23, 2018

The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM. The founder of what became General Motors was William (Billy) Durant.

Michigan 278

Michigan Cofounder Stock Forecast 278

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

FEBRUARY 26, 2020

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Not all startups need outside investment to grow.

Cofounder 431

Cofounder Seed Stage Valuation Metrics 431

YoungUpstarts

DECEMBER 4, 2015

By Stephen Tanenbaum, co-founder and CEO of UGallery. I’m a startup founder and I spend more time at the office than I’d like to admit. Instead, my holiday wish list is a mix of unique services and experiences that you can’t fit in a stocking. Stephen Tanenbaum is co-founder and president of UGallery.com.

Founder 100

Founder Arizona Cofounder Technical Review 100

fi.co

DECEMBER 4, 2012

Founder Feedback. Why a 50/50 Split is Almost Never Right for Co-Founders by @DaveParkerSEA. Founder Feedback gives you insights from the startup trenches. Applications to the Seattle Founder Institute are also due this Sunday, February 26th: click here to apply. . -->. -->. -->. Blog. Posted by Jonathan Greechan.

Cofounder 43

Cofounder Founder Silicon Valley San Diego 43

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. What are the terms of their relationship with the founder?

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

NZ Entrepreneur

DECEMBER 10, 2020

Now, cofounders Paul Simpson and Dominic Sutton are sharing what they learned during the ups and downs of the journey. That’s where the founder thing comes in, whereas the Angels are more focused on growth projections and risk.”. Comparing the MOQs of his product SKUs “saved me running out of stock at Christmas,” Peska told Sutton.

Technical Review 103

Technical Review Software Review Due Diligence Startup 103

ConversionXL

FEBRUARY 10, 2021

When shelter-in-place hit last March, forcing their doors to close, their revenue dropped to nothing overnight. million of inventory online and recovered all their lost POS revenue with online sales. Paige Briscoe, founder of ReRoot. With no way to serve it in their restaurant, their revenue flattened. We did them.

eCommerce 155

eCommerce Cofounder Community Channel 155

David Teten

MARCH 14, 2018

Managers of VC funds typically want to grow their business aggressively, just like the founders we back. Among the sites we have found most helpful with practical guides for founders: Biztree , First Search , Foundersuite , Goodwin Founders Workbench , Guides.co , Inc.com , and StartupRocket. .

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

ConversionXL

MARCH 17, 2021

Last September (2020), six months after the 1st lockdown, my co-founder Vladimir Blagojevic and I decided to run market research to figure out what challenges B2B companies face and how they solve them. After analysing our case studies and CRM, we saw that 73% of total revenue came from these two segments. Let’s dive in.

B2B 150

B2B Sales Cycle Belgium IP 150

Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Co-founder & CEO Steve Hafner and the business team are based in Norwalk, CT. Financial Snapshot: 2010 Revenue: $170 million. 2010 Net Income: $8 million.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Up and Running

AUGUST 18, 2014

In comparison to traditional business ventures, startups are expected to grow rapidly, at a rate of between 5% and 7% per week in their initial stage – Paul Graham, co-founder of Y Combinator. As the cofounder of Y-Combinator – an American seed fund accelerator – he’s a great source of information.

Small Business 154

Small Business Exit Strategy Cofounder Angel Investor 154

Startup Professionals Musings

JANUARY 5, 2022

Like Paul Graham , founder of Y-Combinator, said a long time ago, I see startups succeed or fail every day based primarily on the qualities of the founders. The economy has some effect, but as a predictor of success it’s a rounding error compared to the founders. As a founder, you're buying stock with work.

Startup 258

Startup Cofounder Salary Advertising 258

The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. We’re hitting record revenue months, weeks, and margins. That includes us.

Early Stage 146

Early Stage Los Angeles Silicon Valley Cofounder 146

Scott Edward Walker

SEPTEMBER 28, 2011

Question My co-founders and I are working on a cool new site, and we’ll be ready to launch in a few weeks. Otherwise, if one of the founders quits after a few months, he would take all of his shares with him. In short, this is a nightmare scenario – particularly if there is bad blood with the other co-founders.

Vesting 89

Vesting Software Review IP Intellectual Property 89

Steve Blank

MAY 19, 2015

I had lunch last week with Tom, the CEO of a startup that was quickly becoming a large company – last year’s revenue was $40M, this year likely to be $80M maybe even $100 million in ad revenue. to drive traffic to their site, which they then turned into ad revenue. Refactoring” organizational debt. the company had.

Technical Review 120

Technical Review Salary Early Stage Software Review 120

Both Sides of the Table

AUGUST 3, 2010

years ago and told me, “I just got offered the chance to buy this company because the founder doesn’t want to continue. How much dilution should I take for it?&# My friend’s company was pre-revenue. Sometimes this involves co-CEO’s. My version is, “you have a company with private stock.

Merger 276

Merger Technical Review Early Stage Dilution 276

Austin Startup

OCTOBER 6, 2018

My talk was about the 7 lessons I’ve learned on the journey from founder to CEO. I started off my talk emphasizing that the journey matters most in your transformation from founder to CEO. After Bazaarvoice went public, Debra and I gifted a significant portion of our stock to help give the Bazaarvoice Foundation a boost.

Founder 51

Founder Cofounder Software Review San Francisco 51

Hearpreneur

SEPTEMBER 9, 2022

Airbnb founders Brian Chesky and Joe Gebbia had difficulty securing funding, so they launched a mini project to build some funds and catch investors' attention. Using this capital , the founders launched and enjoyed exponential growth in their first year, with 10K users and thousands of listings. Photo Credit: Jack Underwood.

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Entrepreneur Bankruptcy Southern California South Africa 97

The Next Web

AUGUST 12, 2013

Editor’s note: This is a guest post by Christian Reber, CEO and co-founder of Berlin-based 6Wunderkinder. I think an issue many talented entrepreneurs and European founders (especially German founders) have is, they don’t think big enough. Find the right co-founders and advisors. Prepare to fail, 95% do.

Cofounder 119

Cofounder CTO Hire Startup Europe 119

Feld Thoughts

JANUARY 7, 2015

Companies were being bought (and valued) at 10x forward revenue only to be valued at between 0.5x revenue several years later. We were bought for a more reasonable 1x revenue (and about 4x pre-tax income) when the value of the AmeriData stock, options, and cash we took out were factored in. I’d argue the 0.5x

Stock Options 70

Stock Options Cofounder Revenue Hosting 70

A Smart Bear: Startups and Marketing for Geeks

DECEMBER 21, 2009

Okay okay, "Planning == Bad," but the supposed benefits of planning are still important: designing for profitability, understanding your customers and competitors, focusing your attention, deciding what's worth doing next, changing directions, and ensuring the founders agree on important issues. Cartoon by Andertoons. Cartoon by Andertoons.

Startup 315

Startup Revenue Cofounder Sales 315

ReadWriteStart

JULY 18, 2011

Clavier began his presentation at the beginning of a company's lifecycle, asking how many co-founders a startup ought to have. If you like this kind of advice, check out my coverage of a talk by Paul Palmieri, Co-Founder and CEO of mobile advertising service Millennial Media, titled " Investing in Your Influencers. ".

Investment Bankers 153

Investment Bankers Technical Review Cofounder Due Diligence 153

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

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. Is it disrespectful to imply that the founders, executives, VC-backers, and the boards of these companies are gullible or naive?

IPO 82

IPO Customer Matching Silicon Valley 82

Steve Blank

MAY 20, 2010

It was the Internet bubble and after almost three years our startup had found a business model and we were scaling revenue and headcount fast. You’re Just the Founders. When the call was almost over my partner and I mentioned, “We want to remind you guys that we’ve been working at founders pay for almost three years.

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Founder Cofounder Salary Naming 279

ReadWriteStart

MARCH 1, 2011

Chris McCann is the co-founder of StartupDigest , the members-only guide to the tech startup world. Since most companies have little to no revenue, who else has already invested in the deal is heavily weighted to prove value. Follow McCann on Twitter @Mccannatron. Roberts also takes issue with the emphasis on ?social

Technical Review 123

Technical Review Due Diligence Cofounder Startup 123

Agile VC

JUNE 5, 2011

Even for those who don’t care to dive into the numbers, it’s worth a quick glance because co-founder/CEO Andrew Mason wrote a letter which forms the preamble of the full document. How They Make Money: Groupon keeps a share of the coupon value (typically 40-50%) as its net revenue (1). 2010 Gross Profit: $280M.

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North America Chicago Boston Silicon Valley 100

Startup Professionals Musings

MARCH 30, 2019

Like Paul Graham , founder of Y-Combinator, said a long time ago, I see startups succeed or fail every day based primarily on the qualities of the founders. The economy has some effect, but as a predictor of success it’s a rounding error compared to the founders. As a founder, you're buying stock with work.

Cofounder 200

Cofounder Washington Salary Advertising 200

Scalable Startup

OCTOBER 26, 2014

Imagine if you’re in Silicon Valley right now with no equity in a tech startup, but associated with several people getting six figure “bonuses” because they somehow wound up with some stock in one. The Greenshoe is an over-allotment of stock options, up to 15% of the total offering at time of IPO.

Silicon Valley 25

Silicon Valley Hawaii Angel Investor IPO 25

Eric Friedman

AUGUST 18, 2021

Dan is the co-founder of Standard Treasury, a Y Combinator backed company. He is also co-founder and Managing Partner of Deciens Capital, an early stage investment fund. How do you get to that point if you have that kind of a view of the world, of founders, and of this space? On Sushi and VC. Everything we do.

Silicon Valley 88

Silicon Valley Venture Capital Cofounder Africa 88

ReadWriteStart

JANUARY 28, 2022

The market regards equity as an ownership “share” in a corporation’s income revenue stream. Common stock. The holding of common stock in a company indicates ownership in the corporation. Investors of common stock are eligible for : The choice of the Board of Directors. What is Company Equity?

Valuation 108

Valuation Equity Warrant Common Stock 108

Lightspeed Venture Partners

OCTOBER 7, 2012

Week three’s breakdown covered topics like how hard momentum is to turn around, and how participating preferred stock works. The founders were very sympathetic; a man, laid off from his job, and his very pregnant wife, who sold their house and investing $150k into the business and are working hard to make a go of it.

Technical Review 110

Technical Review Technical Cofounder Valuation Pre-Money Valuation 110

Up and Running

MAY 23, 2016

In fact, SaaS industry revenue is projected to grow from $49 billion in 2015 to $67 billion in 2018, a compound annual growth rate of approximately eight percent. We created UpKeep to fill this void—a cloud-based solution that was affordable for any size business.” – Ryan Chan, founder of UpKeep.

Software Review 74

Software Review Software Delaware Forecast 74

YoungUpstarts

DECEMBER 5, 2013

by Aneace Haddad, CEO & Founder, Taggo. Co-branded cards were invented, combining a Visa, MasterCard or American Express payment brand along with a retailer or airline brand. Too much was at stake, we couldn’t afford the risk of destabilizing everything and losing substantial revenue. That was a decade ago. How about today?

Programming 150

Programming Turkey Social Media Redemption 150

Both Sides of the Table

MARCH 1, 2011

Mike is a no BS guy, has all the attributes I look for in a founder and says things like, openly shares knowledge and opines without a filter including this one, “whoever invented uncapped convertible debt should be spanked!&# This is an interview you’re not going to want to miss, I promise. Contest details here :

Semantic 302

Semantic Acquisition Valuation Angel Investor 302