ReadWriteStart

JUNE 16, 2011

Zendesk is heavily financed by Benchmark and Charles River and has 10,000 customers. You can read more about Freshdesk on the 1M/1M Incubation Radar today. You can also read more about Bizosys on the 1M/1M Incubation Radar today. And you can sign up for the 1M/1M premium program here.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

ReadWriteStart

SEPTEMBER 10, 2010

They already have several customers including some telcos, and are at about $350,000 in revenues. I call it drip-financing. Most entrepreneurs have no choice but to avail of this sort of financing along with the mentoring and the contacts that could come with it (doesn't always come along, though). Kir Devries.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

ReadWriteStart

JULY 28, 2011

This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system. The same applies to Malaysia, where our partner, the MAD Incubator, is in search of 10 good deals to put through the 1M/1M program. Thursday, August 25, Register Here.

Incubator 128

Incubator Silicon Valley Malaysia Entrepreneur 128

David Teten

NOVEMBER 23, 2020

In that capacity, I co-founded the Harvard Business School Alumni Angels Venture Capital Access Program, a joint venture with the National Association of Investment Companies (“NAIC”), which helps women and diverse entrepreneurs raise capital. I quickly recruited a board of experienced hands. Goldman Sachs bought Clarity for ~$100m. .

Venture Capital 60

Venture Capital Partner Technical Review Cofounder 60

ReadWriteStart

SEPTEMBER 16, 2011

Siddhesh has already validated his business and is catering to home buyers, sellers, and brokers, generating revenues from advertising and sponsorships as well as brokerage revenue sharing. As I keep reiterating, 99% of the businesses that go out for financing get rejected. You can register to attend here. About Sramana Mitra.

Brazil 115

Brazil India Entrepreneur 115

ReadWriteStart

NOVEMBER 3, 2011

In How To Defend Your Dream Against All Odds , Alex and I explore the company's journey to $200 Million in revenue, while their VCs wrote them off. Zoho is already over $100 million in revenue and is seeing tremendous traction. If you want a deeper relationship with me, you are very welcome to join the 1M/1M premium program.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

Startup Professionals Musings

OCTOBER 5, 2015

I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. Asking for early-stage money before you have customers and revenue will likely kill your credibility with real investors. Startup incubator seed funding.

Seed Stage 120

Seed Stage Finance Early Stage Startup 120

ReadWriteStart

OCTOBER 7, 2010

That is debt financing that converts into equity at the Series A valuation once the price for that is set. (I Our discussion today was largely around her financing strategy, and one of the key milestones that I probed her on was: What does it take to get a validated customer? Sub-$2 million pre-money, it is better to bootstrap.

Valuation 119

Valuation Silicon Valley Pre-Money Valuation Bootstrapping 119

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. million in revenue.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Both Sides of the Table

MARCH 11, 2011

I thing I’ve learned over the years is that technology purists hate advertising even when it is that revenue stream that truthfully drives much of our industry. Don’t think about starting an incubator until you have real operating experience otherwise you don’t really have anything to offer startups.

Product 350

Product Tuvalu Dilution Incubator 350

ReadWriteStart

SEPTEMBER 23, 2010

First up was Brad Barrett presenting GrillGrate , a grill accessory with which Brad has built a year-to-date revenue of $400,000. I will work with him on his inventory financing strategy. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ).

India 114

India Silicon Valley Incubator Bootstrapping 114

Gust

JULY 8, 2012

A while back I heard a talk by Dave McClure, a long-time angel investor, who also proclaims to be one of the “new breed” of venture capitalists in Silicon Valley, as CEO of 500Startups , which is either a micro-VC seed fund, or a startup incubator, or both. For VCs, early-stage means customer revenue is less than $10M. Super Angels.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177

Austin Startup

NOVEMBER 29, 2017

My visit took place courtesy of the Young Transatlantic Innovative Leaders Initiative (YTILI), a State Department program implemented by the German Marshall Fund of the United States. Namely, windfall revenue from oil means that the Texas taxman does not collect personal or corporate income taxes (on the state level).

Early Stage 48

Early Stage Austin Silicon Valley Texas 48

Steve Blank

SEPTEMBER 19, 2017

14 different innovation teams were going through a 3-month I-Corps/Lean LaunchPad program to validate product/market fit. Our CEO is behind the program. But we’re 15 months into the program and the teams still run into continual roadblocks and immovable obstacles in every part of the company. Get to Yes.

Finance 226

Finance Lean Metrics Programming 226

ReadWriteStart

MARCH 24, 2011

Our co-host for the program was TiE Midwest, based in Chicago. The discussion today was around Social Media financing and go-to-market strategy. This week's One Million by One Million roundtable was our 75th session, and we worked today with three entrepreneurs from the Midwest region of the United States.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

David Teten

JANUARY 28, 2019

Everyone wanted to work in finance. Teaching and research on entrepreneurship : SOM’s Program on Entrepreneurship , Kyle Jensen’s courses. Mentorship programs : Association of Yale Alumni Mentorship Program , Yale Office of Career Strategy Workshops. Yale has one of the best drama programs in the world.

Affiliate 60

Affiliate Connecticut Programming Community 60

Both Sides of the Table

JULY 21, 2014

We’ve had an explosion of alternate sources of financing from crowd-sourcing, angels, accelerators, incubators, corporates, corporate incubators. And importantly we’ve had revenue. When I start to see revenue figures I always want to know the details behind the revenue: Who championed the project?

Marketing 354

Marketing Incubator Turkey Metrics 354

ReadWriteStart

SEPTEMBER 16, 2010

Sequoia has financed them. These roundtables are the cornerstone programming of a global initiative that I have started called One Million by One Million ( 1M/1M ). In addition, we are offering entrepreneurs access to investors and customers through our recently launched our 1M/1M Incubation Radar series.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

APRIL 7, 2011

At this week's One Million by One Million roundtable, we announced a very important partnership with MAD Incubator, Malaysia for entrepreneurship development in the region. This is our first major partnership with an incubator whereby MAD will adopt the 1M/1M methodology to foster Silicon Valley-style technopreneurship in Malaysia.

Malaysia 114

Malaysia Incubator Silicon Valley Entrepreneur 114

ReadWriteStart

FEBRUARY 24, 2011

I recently wrote a blog post that I believe is worth pointing out in the context of the strategy roundtables: VCs, Angels, Incubators, Accelerators - What Are You Doing With Your Rejects? That means that less than 1% of the entrepreneurs who apply succeed in getting financed. A sustainable business = (customer + revenue + profits).

Incubator 116

Incubator Silicon Valley Idaho Entrepreneur 116

Steve Blank

MARCH 31, 2014

Companies horde cash and squeeze the most revenue and margin from the money they use. They can partner with suppliers, co-create with consumers, open-source key technologies, open their application programming interfaces, or run open incubators for customer ideas.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

This is going to be BIG.

APRIL 27, 2010

Sramana Mitra said not to long ago in Forbes : “I have come to observe that most business school programs have an extensive emphasis on fundraising, especially from venture capitalists, and very little pragmatic understanding of what it really takes to get a venture off the ground. No revenues, no costs. It was easy peasy.

New York 116

New York CTO Hire Technical Review New York City 116

Startup Professionals Musings

MAY 1, 2011

Recently I heard a talk by Dave McClure, a long-time angel investor, who also proclaims to be one of the “new breed” of venture capitalists in Silicon Valley, as CEO of 500Startups , which is either a micro-VC seed fund, or a startup incubator, or both. For VCs, early-stage means customer revenue is less than $10M. Super Angels.

Early Stage 231

Early Stage Seed Stage Angel Investor Silicon Valley 231

Diego Basch

MARCH 14, 2013

I avoid the entertainment industry, and anything where the revenue stream is based on advertising. I prefer investing in health, transportation, education, and (under some very specific circumstances) finance. Thirty years after writing my first program in Basic I still code for fun, and I doubt I’ll ever stop.

San Francisco 55

San Francisco Startup Silicon Valley Seed Stage 55

Steve Blank

NOVEMBER 7, 2013

What we didn’t envision was that one creative corporate VP would take that post and build a world-class corporate innovation program around it. What CEOs, management teams and shareholders care about is growth —revenue growth, greater user adoption, increased market share, bigger margins, etc. We’re betting on the latter.

Lean 326

Lean Nepal Cofounder Customer Development 326

Up and Running

JULY 14, 2015

Peter and Jonathan discuss startup incubators, and our guest Caroline talks to us about the “F” word and 10 reasons why startups fail. Startup Incubators – (2:13). Read also: Q&A with Business Incubator Co-founder Joe Maruschak. Learn more about Techstars , a startup accelerator program.

Incubator 60

Incubator Email Startup Oregon 60

Steve Blank

MARCH 17, 2015

I listened as Roberto listed the obstacles to the new innovation program at Sprocket, “We’ve created innovation teams in both the business units and in corporate. Our CEO is behind the program. I suggested that Roberto consider trying a 6-month experimental “Get to Yes” program. The “Get to Yes” program was pretty simple.

Lean 120

Lean Metrics Business Model Distribution 120

ReadWriteStart

AUGUST 11, 2011

During this week's roundtable, we started off by discussing the pre-incubation procedure we are recommending with audience members from different parts of the world. This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system.

Silicon Valley 105

Silicon Valley Columbus Ohio Incubator 105

Steve Blank

AUGUST 20, 2013

Recently, the financing of innovation in medical devices has collapsed even further with most Class III devices simply unfundable. on medical device revenues, regardless of profitability delays or cash-flow breakeven. The National Institute of Health (NIH) is also setting up translational centers through its NCATS program.

Startup 294

Startup Venture Capital Lean IPO 294

pandodaily.com

NOVEMBER 29, 2012

I’ve been hearing about the so-called Series A Crunch for at least six months, and in recent weeks, I’ve spoken with more than 20 venture capitalists, angel investors, incubator heads, lawyers, and other necessary cogs in the ecosystem trying to get some details about it. Those numbers are likely conservative. November 29, 2012.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93

ReadWriteStart

JULY 21, 2011

Earlier, of course, we covered AngelList at length , also a crowd sourcing venture in the angel financing space, and this week, we have covered SecondMarket , which is powering Facebook's private market capital raising. Andrew also asked how he could partner with the 1M/1M program. peerbackers. efforts to get them. Endeavour Press.

Affiliate 130

Affiliate San Francisco Entrepreneur India 130

ReadWriteStart

OCTOBER 13, 2011

You then become dependent on outside financing, and that is a slippery slope. It is much better to grow organically with revenue. In 1M/1M premium, we do invest in certain companies on a revenue sharing basis and create channel partnerships with one or more of our partners. Cortese Design Bags.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

Both Sides of the Table

JUNE 29, 2011

With new micro VC entrants into to early-stage investing plus increased competition from angels, incubators and the like – traditional VCs have taken notice. I believe some VCs have entered the early-stage market as simply an option on future financing rounds. The Blurring of Investment Lines. But obviously I’m biased.

Venture Capital 296

Venture Capital Software LP Early Stage 296

The Startup Magazine

MAY 14, 2019

You are only going to be given 15 months to file this paperwork, which is meant to evaluate your nonprofit’s overall goal and program. The next thing you want to do as a startup nonprofit to figure out a way to increase your revenue and reduce your costs. These are just some of things nonprofits can do to increase their revenue.

Startup 85

Startup Hosting Cost Finance 85

ReadWriteStart

OCTOBER 28, 2010

I also advised Antonio to defer his investor road show and even customer acquisition programs until this basic positioning exercise is in place. All this, could, potentially, be done without external financing. And along the way, if necessary and appropriate, she can raise financing with a vastly more validated business.

Partner 117

Partner Belgium Portugal Bootstrapping 117

ReadWriteStart

SEPTEMBER 30, 2011

It is, however, too early for financing. They will also share how they are using the 1M/1M program in that journey. If you want a deeper relationship with me, you are very welcome to join the 1M/1M premium program. This way we can stay in touch and it will help you to decide if 1M/1M is a program for you. StyleShop247.com.

Poland 126

Poland Argentina Oakland Entrepreneur 126

ReadWriteStart

AUGUST 4, 2011

However, how do you get to critical mass, and how do you finance the period during which this business runs on red ink? How much time do you budget for red ink financing? Whichever direction you go, please do not assume that some VC is going to finance you during this phase. How long can you go without a salary?

Bootstrapping 124

Bootstrapping San Jose Entrepreneur Silicon Valley 124