Remove Early Stage Remove Liquidity Event Remove Product Development Remove Revenue
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What Founders Need to Know: You Were Funded for a Liquidity Event – Start Looking

Steve Blank

But startups require money upfront for product development and later to scale. Some quick VC math : If a VC invests in ten early stage startups, on average, five will fail, three will return capital, and one or two will be “winners” and make most of the money for the VC fund. If so, how is the revenue measured?

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How much of my business do I have to give to an investor?

Berkonomics

If you are a going business with a track record of revenues, then the importance of accurate current financial statements cannot be overstated. If there is no record of revenues, see the “The Berkus Method” available with any search query for valuing the business before revenues. Let’s start with the basics.

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Cash is only ONE measure of employee happiness.

Berkonomics

They include an expense account, company car, profit sharing, 401k contributions, medical coverage for dependents, free life insurance, educational payments, extra vacation, relocation expenses, paid trips to industry association meetings, or a small override on revenue from new products developed under the candidate’s watch. .

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Where is the best place to find a rockstar developer to bring it to life?

www.quora.com

It's the developer's turn to ask the Biz Guy. What did you take from idea on the back of a napkin to liquidity event? As a developer, I feel that design/creative is undervalued in the early stages of product development. Now we turn it around. What companies have you launched?