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. Sloan kept the corporate staff small and focused on policymaking, corporate finance, and planning. A version of this article appeared in the Harvard Business Review.

Michigan 296

Michigan Cofounder Stock Forecast 296

Up and Running

DECEMBER 9, 2014

Bates: Good morning and welcome to our CEO panel, “How to Fine-Tune Your Small Business Finances From Funding to Growth” which I think is the direction that we would all like to be going. I’m here with some really phenomenal CEOs who are going to talk to us today about small business finances from funding to growth.

Small Business 95

Small Business Finance Forecast Metrics 95

Steve Blank

AUGUST 23, 2010

So to get new divisions launched large optimistic forecasts are the norm. Ironically, one of the greatest risks in large companies is high pressure expectations to make these first pass forecasts that subvert an honest Customer Development process. Customer Development Without Agile Engineering Is A Plan For Failure.

Customer Development 238

Customer Development Developer Customer South America 238

Duct Tape Marketing

NOVEMBER 2, 2023

The rising importance of predictive AI-driven analytics became clear, hinting at a future where forecasts will shape decisions. So marketing is the worst where you have website analytics like Google Analytics, maybe HubSpot, you have SEO data from SEMrush, hres Search Console. That's hundred grand annual revenue.

Metrics 72

Metrics Analytics Forecast Software Review 72

Up and Running

SEPTEMBER 19, 2018

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Your financial plan helps you track your finances so you can accurately gauge your business’s performance.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. How should I finance my new venture? It’s a deceptively simple question:  what is the optimal way to finance a new startup?   Sometimes, the bonus in bootstrapping is that the venture finds it doesn’t need acceleration financing. 

Finance 83

Finance Bootstrapping Startup Equity 83

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. While it’s useful to be able to have a sales forecast and expense budget early on, it’s not something you need until you’ve validated your idea.

Software Review 74

Software Review Software Delaware Forecast 74

Gust

JUNE 19, 2012

One of my earliest excursions into market research was working for a research firm doing a 1979 forecast on ATMs. And if you’re a startup CFO, finance lead, bean counter, or presentation slide deck preparer, then you should read this book. I hate the forecast that assets some huge market and takes a small percentage of it.

Startup 180

Startup Forecast Angel Investor Software 180

Duct Tape Marketing

FEBRUARY 10, 2022

Does that muddy up the forecasting, the models, or the accounting? [12:31] I, you know, if it doesn't okay, you know, it doesn't work, but I'm gonna give somebody my life and my finances and, you know, trust is gonna be a big deal. They do get more complicated as you get larger, but really, uh, revenue recognition is a phrase.

CPA 70

CPA Technical Review Revenue Forecast 70

ConversionXL

APRIL 12, 2017

No, the first 2% is more valuable in terms of revenue. Create a revenue forecast before you even run the experiment. You can forecast what you think your forecast + seasonal curves will look like. You need to track the right revenue goals. Search dropdown. 10K / 1M = 1%. Are both created equal?

San Antonio 86

San Antonio Metrics B2B Analytics 86

K9 Ventures

JULY 21, 2016

Forecasting production quantities, planning for how many parts you will need and when, accounting for the lead times on those parts is all a complicated endeavour. This introduces new risks in terms of forecasting, financing, and logistics. Financing/Forecasting: Financing a hardware company has it’s own challenges.

Software Review 48

Software Review Forecast Portfolio Distribution 48

Cracking the Code

FEBRUARY 23, 2011

It would have been easy to explain the difference by changes in the 2010/2011 revenue growth projections but unfortunately that is not the case. In comparison, the overall technology sector growth was projected at 9-10% in early 2010 and this forecast did not change significantly today. revenues while large caps are trading at 6.4x.

Software Review 101

Software Review Technical Review Valuation Europe 101

Up and Running

JUNE 23, 2016

You’ll find information on sales and housing prices, forecasts, major trends, issues, and much more. If your buyer has no idea where to start, send them to Wells Fargo’s Resource page where they will find home financing calculators, mortgage rates, real estate and housing reports, checklists, interactive learning experiences, and much more.

Technical Review 69

Technical Review Forecast Database Video 69

Cracking the Code

MARCH 12, 2010

So, here is the first edition, including the recent Q4 2009 earnings and the updated 2010 forecast. Given the predictability of SaaS GAAP revenues on a quarterly basis, the fact that the 08/09 projections were unchanged is not a surprise. Finance Dissertation Help. Finance Dissertation Proposal. Yahoo Finance.

Software Review 63

Software Review Technical Review Cloud Forecast 63

YoungUpstarts

NOVEMBER 18, 2018

What entrepreneur looking to hit it big isn’t searching for that next “patentable” idea? Master the Art of Trend Forecasting (or Onboard Someone to Do it For You). Staying ahead of market trends in your industry, and forecasting what will be in demand in the coming five to ten years is a non-negotiable skill.

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

Up and Running

MAY 28, 2015

That’s the sales forecast, the spending forecast and the cash flow. What’s the concept of all of this that you’re talking about and then in financing? You want to show that, and investors need to see the scale of a business that have to do with your sales forecast. That’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Seeing Both Sides

AUGUST 16, 2012

Last week, I wrote about Akamai , a company with strong network effects that successfully transitioned from a single product to build a platform that garners over a billion dollars in revenue and is now a core part of the Internet’s fabric. Expedia grew to account for roughly one third of the company’s revenues.

Part-Time VPE 54

Part-Time VPE Software Review Costa Rica Technical Review 54

Steve Blank

JUNE 10, 2010

With venture capital came accountability to board members, forecasts, and other people’s agendas. Success for this new division meant generating substantial revenue and profit for company. These rickshaws carry ads and the pullers get 50% of the ad revenue, the remainder going to Sammaan. More on this later. Lessons Learned.

Silicon Valley 331

Silicon Valley Entrepreneur United States New York City 331

Startup Professionals Musings

NOVEMBER 26, 2012

Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. Particularly valuable are recurring revenues, like subscription amounts, that don’t have to be resold every period. Find “comparables” who have received financing (market approach).

Valuation 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

Up and Running

MAY 3, 2012

We should remind them that, as Steve Blank said, “a startup is an organization formed to search for a repeatable and scalable business model.” We need to insist that they set goals and milestones, create cash flow forecasts and devise ways to test their assumptions. ??We

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Tim Keane

JUNE 21, 2011

« How should I finance my new venture? How to prepare a sales forecast for a business plan.   Think about having the same discussion in a different way - by preparing your sales forecast by making your assumptions explicit. How to prepare a sales forecast for a business plan. First develop a business model.

Forecast 68

Forecast Business Plan Sales Wisconsin 68

Startup Professionals Musings

SEPTEMBER 30, 2011

Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. Particularly valuable are recurring revenues, like subscription amounts, that don’t have to be resold every period. Find “comparables” who have received financing (market approach).

Pre-Money Valuation 246

Pre-Money Valuation Valuation NPV Intellectual Property 246

ConversionXL

APRIL 3, 2019

Talk to your finance people: What performance indicators get attention? What to do with AI: Predict churn ; Identify which offers to send to an individual; Accelerate innovation; Personalize content; Account-based marketing ; Algorithmic attribution; Forecast future lift; Predict blame. million; Total revenue: $97.5

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114

Gust

NOVEMBER 18, 2012

Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. Particularly valuable are recurring revenues, like subscription amounts, that don’t have to be resold every period. Find “comparables” who have received financing (market approach).

Valuation 187

Valuation Pre-Money Valuation NPV Intellectual Property 187

Startup Professionals Musings

SEPTEMBER 6, 2010

Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. Particularly valuable are recurring revenues, like subscription amounts, that don’t have to be resold every period. Find “comparables” who have received financing (market approach).

Valuation 234

Valuation Pre-Money Valuation NPV Startup 234

Steve Blank

DECEMBER 7, 2010

In contrast, startups search for a business model. (Or Or more accurately, startups are a temporary organization designed to search for a scalable and repeatable business model.) to optimize this search. Actually engage in “search engine marketing” (SEM)spend $20 as a team to test customer acquisition cost.

Wiki 316

Wiki Lean Management Business Model 316

Tim Keane

JANUARY 12, 2010

For angel groups, the distinction between groups and VCs on this issue is dwindling, especially as angel groups do bigger rounds of financing.   Note that this applies only to earl stage Series A-type equity financings and assumes no cash dividends are paid to investors. . This is why a bottom up approach is more credible.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Occam's Razor

JANUARY 12, 2015

If you would like to, start by downloading three of my favourite custom reports , or these three paid search campaign analysis custom reports. Then go to Google (or Yandex or Baidu or Seznam ) and type in your top category queries, see who shows up in organic and paid search listings. What are their key strengths? This is a great sign.

Analytics 60

Analytics Metrics Web Leadership 60

Cracking the Code

JANUARY 22, 2009

While it may make sense to offer very slight adjustments for favorable payment terms and one time revenue, net additions to MRR should dominate the sales rep’s thoughts. 1 of MRR generates $12 of annual revenue, so $1 commission equals 1/12=8.3% of Year One Revenue Sounds high, but is that considered a reasonable package?

Software Review 91

Software Review Clawback Sales Salary 91

Cracking the Code

SEPTEMBER 2, 2008

The Deutsche Bank report has a very interesting chart on the topic presenting the Free Cash Flow margins vs. the revenue growth four years post IPO for select software leaders: As you can see, with 20% Free Cash Flow margin and a 50% growth rate, Salesforce is well positioned in the pack! In search of Europe's next tech stars.

Software Review 48

Software Review Software Technical Review Cloud 48

Up and Running

JULY 26, 2013

Q: When and how should you discuss investor incentives (perks, % of revenue, etc)? determining your business model, your target markets, developing a budget, revenue forecast, how you will make money, hire people, etc.). I recommend searching online for “”angel investing in [your city] city.”"

Elevator Pitch 79

Elevator Pitch Angel Investor Term Sheet Business Model 79

Ben's Blog

MAY 24, 2021

Small” IPOs — companies with less than $50m in annual revenue at the time of IPO – have declined from more than 50% of all IPOs in the 1980-2000 timeframe to about 25% of IPOs from 2001-2016; Companies are staying private much longer — the median time to IPO from founding hovered around 6.5

SEC 36

SEC Accredited Investor IPO Technical Review 36

www.forentrepreneurs.com

FEBRUARY 2, 2010

The company has just missed its quarterly revenue forecast. Lets take an example, and look at how they might do this: They will be able to tell you that revenue is composed of deals. To compute revenue, you multiply average deal size by number of deals. Bookings is the pre-cursor to Revenue. Obvious, isn’t it?

Metrics 55

Metrics Design Entrepreneur Startup 55

Tim Keane

AUGUST 21, 2006

As the venture progresses from financing to revenue (whether financed by an investor or the entrepreneur) that first big, critical issue has to be the first miss on projections. She may also find better ways to finance the venture to better meet her own goals. Will it happen? Risk at this point increases - a lot.

Milwaukee 60

Milwaukee Due Diligence Wisconsin Angel Investor 60

Both Sides of the Table

FEBRUARY 14, 2016

Valuing any company can be difficult because it requires a degree of forecasting future growth & competition and ultimately the profits of the organization. forward revenue for SaaS businesses when in the years before it had been less than 5x. Why Financing in Falling Markets is So Damn Difficult. And so it goes.

Valuation 150

Valuation Down Round Startup Later Stage 150

Up and Running

JULY 14, 2015

They never worked with the startup who had needed to raise multiple rounds of financing. Don’t try and all the sudden add in search engine optimization and whatever else to the mix. Caroline: If I was an investor and a company told me that it takes too much time to sit in right down a budget and forecast, I would run.

Incubator 60

Incubator Email Startup Oregon 60