Startup Professionals Musings

JANUARY 4, 2020

Angel investors will perk up if you have a prototype or a few real customers, while venture capitalists will likely choose to wait until you have achieved several million in revenue or customer count. If you have a good idea, but haven’t started yet, only friends, family and fools will likely be interested.

Startup 337

Startup Preferred Stock Exit Strategy Equity 337

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Then you’ll think through your ideal customer , your competition , and your opportunities for growth. Your funding ask and exit strategy, if applicable. Do they self-pay or use insurance? Be specific. Financial plan.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

David Teten

DECEMBER 3, 2019

But in business, you want a lot of partners. In the private equity universe, most Partners have primary training as deal-makers, not as managers. See Bessemer Venture Partners’ A comprehensive guide to security for startups. This provides us more time to develop meaningful relationships with prospects and customers.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

OCTOBER 3, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Then you’ll think through your ideal customer, your competition, and your opportunities for growth. This section of your business plan describes what services you provide and how they benefit your customers. Key customers.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

NOVEMBER 12, 2018

The subscription box industry is growing rapidly thanks to a steady revenue model and tapping into people’s love for surprises. Lots of new box companies have trouble ironing out the kinks in their process: their customer can’t easily unsubscribe, their boxes just aren’t exciting or well-curated, and more. Your problem and solution.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Steve Blank

SEPTEMBER 14, 2009

Each VC firm/partner has a different spin on what to weigh more.) Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Startup Professionals Musings

AUGUST 13, 2012

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Marketing, sales, and partners. Solution and benefits.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

AUGUST 27, 2012

Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Explain how you will make money and who pays you (real customer). Implicit in this is the go-to-market strategy.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Startup Professionals Musings

APRIL 9, 2010

Yet a creative collaboration with your biggest competitor in the same industry may be the best opportunity for revenue and survival. If your customers would benefit by having both of your products, you might negotiate the opportunity to include your competitor’s product inside your own box, or vice versa. Possible investor.

Partner 120

Partner Non-Compete Exit Strategy Affiliate 120

Startup Professionals Musings

MAY 13, 2011

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Marketing, sales, and partners. Solution and benefits.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Up and Running

MAY 1, 2014

Every business is solving a problem for its customers and filling a need in the market. Who is your ideal customer? If you can show that your potential customers are already interested in—or perhaps already buying—your product or service, this is great to highlight. Describe the problem you are solving in the market.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Professionals Musings

AUGUST 17, 2014

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Aggressive revenue projections and growth rate. That’s why investors want to hear about your exit strategy.

Liquidity Event 249

Liquidity Event Equity Venture Capital Merger 249

David Teten

SEPTEMBER 23, 2017

PEVCTech is partnering with Blue Future Partners to run the first large-scale survey of VCs’ technology stack. Johann Kratzer of Blue Future Partners , a fund of funds, observed, “The majority of the hundreds of funds we’ve diligenced rely predominantly on their relationships to source deals. Greylock Partners.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Startup Professionals Musings

JUNE 10, 2011

Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Explain how you will make money and who pays you (real customer). Implicit in this is the go-to-market strategy.

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234

Up and Running

MARCH 11, 2015

It’s to highlight some of the key parts of your opportunity and what makes it so amazing that whoever it is that you’re talking to, whether it’s a bank, or an investor, or a family member, or a potential business partner, that they are on the edge of their seat and they ask for your full plan, and they want to know more.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

I then discuss the journey to search for a product distributor who would become my business partner, how and where I found one, as well as the establishment of the e-commerce portal itself. Because our customers were mainly resellers, they typically bought each product in large volumes. Not to mention an unhappy customer.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71

Growthink Blog

NOVEMBER 10, 2017

A formal business plan is necessary to show all interested parties -- employees, investors, partners and yourself -- that you are committed to building the business. But you'd certainly share the news that you launched your new website or reached $1M in annual revenues. To better understand your customer. To attract partners.

Business Plan 128

Business Plan Private Placement Exit Strategy Finance 128

Startup Professionals Musings

MAY 28, 2013

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Aggressive revenue projections and growth rate. That’s why investors want to hear about your exit strategy.

Liquidity Event 243

Liquidity Event Startup Equity Venture Capital 243

Startup Professionals Musings

MAY 19, 2010

Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Explain how you will make money and who pays you (real customer). Implicit in this is the go-to-market strategy.

Elevator Pitch 235

Elevator Pitch Exit Strategy Burn Rate Merger 235

Startup Professionals Musings

OCTOBER 1, 2016

The initial vision becomes reality and is being tested by customers and partners. An exit strategy is being discussed by senior management and funding partners. There was no consensus as to when the product would be completed, what the definitive specs were and what revenues could be generated.

Leadership 120

Leadership Matching Exit Strategy Europe 120

Gust

AUGUST 5, 2012

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Marketing, sales, and partners. Solution and benefits.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Marketing, sales, and partners. Solution and benefits.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Startup Professionals Musings

AUGUST 12, 2013

In this case you need a partner who has deep domain knowledge and a track record of building businesses. Clearly spell out your business model and your exit strategy, so investors will know how you will make money, and how and when they will get their return. Your fifth-year revenue projections better be between $20M-$100M.

Angel Investor 252

Angel Investor Accredited Investor Silicon Valley Venture Capital 252

Gust

AUGUST 19, 2012

Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Explain how you will make money and who pays you (real customer). Implicit in this is the go-to-market strategy.

Elevator Pitch 146

Elevator Pitch Exit Strategy Burn Rate Merger 146

Gust

AUGUST 10, 2014

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Aggressive revenue projections and growth rate. Thats why investors want to hear about your exit strategy.

Liquidity Event 176

Liquidity Event Equity Venture Capital Merger 176

Startup Professionals Musings

FEBRUARY 13, 2016

Investors want to hear about customers with money who have a painful problem that you can solve now. Investors are looking for a concise description of your product or service without technical jargon or fuzzy marketing terms with value quantified in customer terms. What are your forecasts for revenue, expenses and cash flow?

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

JULY 5, 2012

In this case you need a partner who has deep domain knowledge and a track record of building businesses. Clearly spell out your business model and your exit strategy, so investors will know how you will make money, and how and when they will get their return. Your fifth-year revenue projections better be between $20M-$100M.

Angel Investor 245

Angel Investor Silicon Valley Exit Strategy Boston 245

Startup Professionals Musings

SEPTEMBER 5, 2016

Keep your focus on customers rather than investors. Don’t quit your day job until the revenue is flowing. You can use it best to entice outstanding team members and partners, building a level of commitment you don’t get with salaries alone. Keep your exit strategy options open as you learn.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

www.inc.com

SEPTEMBER 24, 2011

Exit Strategies. Strategy and Planning. Strategy and Planning >. Why Arizona Bay started taking stock from its customers instead of cash. Graham is careful about whom he chooses to partner with. Arizona Bay has also blended equity payments with revenue-sharing deals. Financing A Small Business.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Startup Professionals Musings

MARCH 7, 2015

Angel investors will perk up if you have a prototype or a few real customers, while venture capitalists will likely choose to wait until you have achieved several million in revenue or customer count. If you have a good idea, but haven’t started yet, only friends, family and fools will likely be interested.

Preferred Stock 120

Preferred Stock Exit Strategy Equity Angel Investor 120

Startup Professionals Musings

APRIL 28, 2011

In this case you need a partner who has deep domain knowledge and a track record of building businesses. Clearly spell out your business model and your exit strategy, so investors will know how you will make money, and how and when they will get their return. Your fifth-year revenue projections better be between $20M-$100M.

Angel Investor 244

Angel Investor Silicon Valley Entrepreneur Exit Strategy 244

Startup Professionals Musings

FEBRUARY 16, 2015

Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return. To be fundable, fifth year revenue projections need to be in the $20-$100 million range. Angels need to see a proven business model, with a working prototype and preferably a real customer or two.

Angel Investor 120

Angel Investor Accredited Investor Venture Capital Startup 120

YoungUpstarts

DECEMBER 15, 2011

Launching a business often involves dips in revenue, and a startup will only survive if it can manage expenses during this fragile time. Bill Clark of MicroAngel Capital Partners suggests the following perspective : “Given the high rate at which startups fail, it’s wise to spread your risk by investing in more than one.

Exit Strategy 167

Exit Strategy Balance Sheet Salary Startup 167

Up and Running

FEBRUARY 12, 2022

They have to have some degree of faith and certainty about what customers are going to want in the future. Successful entrepreneurs do actually predict the future — they know what customers are going to want and when they’re going to want it. It’s also the easiest to update and share with business partners.

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

www.virtuosimedia.com

MARCH 8, 2012

Custom Programming. If the idea was reliant on ad revenue for profit, it quickly becomes apparent that there will be no incoming money at all. If your presentation is compelling and detailed enough, you might be able to get them to become a full partner. Businesses. Business Articles. Accounting. Copywriting Tips. Social Media.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

Mike Michalowicz

JANUARY 8, 2015

My partner and I were very motivated to sell. Other purchases are simply to generate revenue – allowing the buyer to streamline processes and cut costs by consolidating. Sales do occasionally fall through, and it’s essential that you have an exit strategy – a plan B in the event that you can’t make the sale.

Intellectual Property 60

Intellectual Property Investment Bankers Exit Strategy Sales 60

www.quora.com

JANUARY 16, 2011

You can argue that the DNA created by Microsoft's over emphasis on distribution (Steve) and development (Bill), has ultimately cost it $50bn or more in lost revenue, market share and market capitalization. are just emerging for business people (customer development, business model generation,). They are many more examples.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51