Startup Professionals Musings

JUNE 30, 2019

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

ReadWriteStart

DECEMBER 15, 2022

This allows the studio to develop processes, well-organized development teams, and growth plans. It provides the freedom to partner with entrepreneurs and reduce the costs of agency work in exchange for equity in their startup. Outside project work for clients helps to assemble talented development teams.

Incubator 188

Incubator Startup Software Developers Software Development 188

Steve Blank

OCTOBER 30, 2012

The Lean LaunchPad Class. You may have read my previous posts about the Lean LaunchPad entrepreneurship class. The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual.

Startup 335

Startup Lean Incubator Business Model 335

Startup Professionals Musings

FEBRUARY 9, 2020

Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The industry veteran.

Technical Cofounder 308

Technical Cofounder Cofounder Advisory Board Stock Options 308

Startup Lessons Learned

NOVEMBER 19, 2012

Guest post by Sarah Milstein, co-host of The Lean Startup Conference. At a party in NYC recently, I was challenged by a VC to name the biggest company currently using Lean Startup practices. I think he expected me to describe a medium-sized startup or maybe some small, old-school media organization.

Lean 167

Lean Saudi Arabia Startup Technical Review 167

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. The positives are that you give up no equity, and these apply to the early startup stages, but they do take time and much effort to win.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family. Apply for contests and business grants.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. The following is an exclusive excerpt which sets up a common pitfall regarding equity splits. In Noam’s dataset, 73% of founding teams split equity within a month of founding, a striking number given the big uncertainties early in the life of any startup. Lessons Learned. by Eric Ries.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

Steve Blank

JUNE 12, 2020

All the teams used the Mission Model Canvas , (videos here ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Our goal was to teach both theory and practice.

Oakland 301

Oakland Asia Lean Video 301

SoCal CTO

MARCH 12, 2012

"I'm looking for a partner / cofounder who can not only head the technical aspects and build a working model of the site, but someone with the connections to put a great development team together when we need it. Make sure you go through the 32 Questions Developers May Have Forgot to Ask a Startup Founder. Find out who is good.

Technical Cofounder 211

Technical Cofounder Cofounder CTO Hire Los Angeles 211

ReadWriteStart

JUNE 1, 2020

Once the order is fulfilled and paid for, the funds can be paid back. ? Research and development. In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. Forms of funding. ? Equity investment. Bootstrapping.

Startup 150

Startup Elevator Pitch Entrepreneur Seed Stage 150

Steve Blank

JULY 7, 2009

luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building. luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building. Reply John Muldoon , on July 9, 2009 at 1:52 pm Said: This was really fabulous to watch.

Customer Development 124

Customer Development Developer Silicon Valley Customer 124

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family. Apply for contests and business grants.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Up and Running

AUGUST 30, 2021

Angel investors, venture capital firms, accelerators, and (maybe) the newer equity crowdfunding will look to see if you have previous experience in startups. Go lean with your planning. A startup is about execution and speed, so you need to start lean. He also wasn’t a pro at marketing, so he looked for marketers.

Entrepreneur 132

Entrepreneur Colorado Lean Engineer 132

Startup Professionals Musings

FEBRUARY 18, 2018

Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The industry veteran.

Technical Cofounder 144

Technical Cofounder Cofounder Advisory Board Startup 144

Startup Professionals Musings

JUNE 11, 2014

Thus I was happy to see a new book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The industry veteran. The operations superstar.

Technical Cofounder 245

Technical Cofounder Cofounder Advisory Board Startup 245

www.inc.com

SEPTEMBER 24, 2011

Research & Development. Will Work for Equity. Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Determined not to miss another opportunity, Graham has begun waiving fees and instead taking equity in clients he thinks have a good shot at success. INNOVATION. Managing Creativity. Intellectual Property.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Startup Lessons Learned

MAY 14, 2009

Lessons Learned by Eric Ries Thursday, May 14, 2009 The Lean Startup Workshop - now an OReilly Master Class My rate of posting has been much lower lately, and this is mostly due to preparations for the upcoming Lean Startup Workshop on May 29. I have a lot of good news to report on this front. You can click here to learn more.

Lean 60

Lean San Francisco Software Review Continuous Deployment 60

genylabs.typepad.com

SEPTEMBER 24, 2011

Working for Equity Instead of Cash. has an article on service firms waiving their fees and instead taking equity in their clients. Interest in this waned when the Internet bust resulted in most tech start-up equity becoming worthless, but it seems to be coming back. Not all start-up stock is created equally.

Equity 40

Equity Technical Review San Jose Stock 40

Feld Thoughts

NOVEMBER 18, 2013

Here’s the punchline: if you run your company as if you have closed a VC equity financing round even though you actually closed a convertible debt round, you’ll be in much better shape when it comes time to raise your Series A financing. So why would you treat your debt investors (somewhat) like equity investors?

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

Startup Professionals Musings

SEPTEMBER 13, 2015

Thus I was happy to see a recent book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The industry veteran. The operations superstar.

Technical Cofounder 120

Technical Cofounder Cofounder Advisory Board Stock Options 120

SoCal CTO

SEPTEMBER 14, 2011

The conversation centered around a founder who's key question is "Where Do I Find a Developer for My Startup?" His goal was to find a programmer who would come in as an early partner and work as an Equity-Only Developer. Have you tested what you can without development? Is this compelling to a developer?

Fractional CTO 349

Fractional CTO Southern California Startup Mobile 349

Austin Startup

MAY 11, 2017

Arena Growth Partners | Venture Capital and Private Equity | Austin, Texas - Venture to Lead™ Aspect Ventures We bridge the gap between your seed and later stage venture so together, we can turn great ideas into great companies. A New Kind of Venture Firm AutoChrome Autochrome is an inception and seed stage venture capital fund.

Private Equity 48

Private Equity Venture Capital Technical Review Seed Stage 48

Up and Running

JULY 1, 2020

And using your business plan template to develop an expansion plan increases your odds of success and allows you to avoid bad investments. Throughout my 25-year career, I’ve written business plans or have been a part of teams developing plans for business expansions. A good business plan is critical to starting a successful business.

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Business Plan Forecast Operations Dilution 152

YoungUpstarts

AUGUST 21, 2020

An insurance agent doesn’t need to be licensed with a broker-dealer, but if you want to sell equities, you will need that licensing. Rather than worry about how a changing landscape can upend traditional or comfortable models, it’s crucial to lean into change and learn how to benefit from it. Technology is a great example.

Technical Review 243

Technical Review SEC Affiliate Technology 243

Up and Running

NOVEMBER 20, 2018

Much has changed since Edison’s day, but sweat equity is still the most effective kind of startup capital. If you have a business idea, write a quick business plan—a Lean Plan. If you’ve heard of the business model canvas idea, Lean Planning is similar but ultimately more useful. Practical ways to get started.

Sweat Equity 93

Sweat Equity Startup Lean Italy 93

SoCal CTO

SEPTEMBER 14, 2011

The conversation centered around a founder who's key question is "Where Do I Find a Developer for My Startup?" His goal was to find a programmer who would come in as an early partner and work as an Equity-Only Developer. Have you tested what you can without development? Is this compelling to a developer?

Fractional CTO 296

Fractional CTO Southern California Startup Mobile 296

Both Sides of the Table

MAY 19, 2010

Another topic we debated early in the program was “lean startup” vs. “ fat startup ” where we both took the obvious hedge and said “it depends.” But truthfully both Dana and I are more aligned with the lean startup principles and believe you only go FAT when you’ve really proved out your product / market fit. OTHER DEALS: 1.

Partner 240

Partner New York City Cofounder Syndicate 240

Startup Lessons Learned

OCTOBER 5, 2010

Lessons Learned by Eric Ries Tuesday, October 5, 2010 The Lean Startup Bundle People often ask me if they can buy "Lean Startup in a box" from me. People want to get started with Lean Startup but arent exactly how. Its called the " The Lean Startup Bundle " and it is available this week only. And theres so much more.

Lean 153

Lean San Francisco Startup Continuous Deployment 153

Austin Startup

MAY 8, 2018

Background reading: Founder Compensation: Cash, Equity, Liquidity Fatal Errors in Early Startup Hiring Early Hires: Options or Stock Given how deeply involved we are with early-stage startups hiring their first key employees, I figured it would be helpful to outline a few key principles to help entrepreneurs navigate the topic.

Employee 48

Employee Seed Stage Startup Equity 48

Venture Chronicles

MAY 26, 2010

Back in March, Ben Horowitz of Andreessen Horowitz wrote a post called The Case For The Fat Startup, where he outlined some of the reasons why a fledging company might want to consider taking a large amount of funding — a strategy that contrasts with the ‘lean startup’ model that has become common in Silicon Valley. See, the math is easy.

Lean 40

Lean Early Stage Valuation Startup 40

Steve Blank

NOVEMBER 27, 2012

The Lean LaunchPad course online. I teach potential founders a hands-on, experiential class called the Lean LaunchPad at Berkeley, Stanford, Columbia and Caltech. customer development. Some general customer development slides click here. Online Guide to How to Build a Startup: The Lean LaunchPad. agile engineering.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

Up and Running

NOVEMBER 15, 2017

Developing an efficient employee onboarding process and training program will be increasingly critical to the company’s ability to grow and manage culture. . Building and learning how to manage a basic website could be a huge marketing asset for Sedibeng. Employee training. Expansion. Customer testimonials. Sales channel relationships.

Botswana 148

Botswana Business Plan Oregon Distribution 148

Steve Blank

DECEMBER 30, 2014

Our Lean Launchpad® for Life Sciences is one of them. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 261

San Diego North Carolina Chicago Lean 261

The Equity Kicker

SEPTEMBER 22, 2014

At different times over the last year or so I’ve been writing about combining design thinking with the lean startup and the importance of doing great customer development , and it has just come home to me that the underlying point of it all is to add customer empathy to the lean start up process.

Lean 128

Lean Startup Customer Development Design 128

Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. Alex, vice provost for Innovation & Economic Development at Weber State University in Utah and completing his first year of teaching entrepreneurship.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305