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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

You may have heard that venture capitalists in Silicon Valley no longer read business plans. Quantify the market opportunity in business terms. For example, “Nielsen projects that the market for smart phones will double every year for the next five years.” Include marketing, sales, and customer rollout plans.

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Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money.

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Here Is When Your New Business Needs A Written Plan

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money.

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Can You Trust Any vc's Under 40?

Steve Blank

To do this they have to accomplish five things; 1) get deal flow – via networking and legwork, they identify likely industries, companies and teams with the potential for rapid growth (less than 10 years), 2) evaluate those companies and teams on the basis of technology, market opportunity, and team.

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How to Raise Startup Funding from Unlikely Angel Investors

Up and Running

I don’t have an MBA and I don’t live in Silicon Valley. Taking a campaign online and encouraging non-accredited investors to use a crowdfunding platform is a great way to show their support, manage the volume, and market your business. That likelihood goes down if you are not in Silicon Valley or Boston.

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Machine Learning Meets the Lean Startup

Steve Blank

The technology’s broad market applicability and relevance are clearly paying off. Once their initial assumptions ran into the wall of actual customer feedback they rapidly built multiple minimum viable products (MVPs) and kept pivoting until they found product/market fit (i.e. Exit Strategy. Homeslice had a great journey.

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M&A or IPO?

Reid Hoffman

This week, I’d like to turn to the question of how current market conditions affect the approach entrepreneurs should take towards their exit strategy. We’re looking for market opportunities where in about a decade, we can help transform an industry and build an iconic company.

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