Startup Professionals Musings

SEPTEMBER 16, 2023

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Incorporating a business entity early through online services.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Startup Professionals Musings

OCTOBER 16, 2022

Supportive co-founder and executive positions. Every young entrepreneur needs an experienced partner for credibility with investors, and as a trusted cohort for strategy and growth discussions. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

Startup Professionals Musings

MAY 22, 2020

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

Both Sides of the Table

OCTOBER 15, 2014

Much has been written about when it is time to hire a “professional CEO” to run a startup company and of course that has long been a norm in Silicon Valley when founders find that their inexperience may be a limiting factor in company growth ( know as the Peter Principle ). I like technical founders so this wasn’t an issue.

Founder 309

Founder CTO Hire Silicon Valley Leadership 309

Both Sides of the Table

JANUARY 4, 2014

Nowhere is the politics more difficult than with co-founders, which is why for years I’ve spoken publicly about “ the co-founder mythology.” ” Of course we all go into businesses expecting to be aligned with our co-founders but over time life changes. She started it with a partner, 50-50.

Founder 340

Founder Sacramento Cofounder Technical Review 340

Steve Blank

JANUARY 17, 2023

But these look for founders who have a technical or business model insight and a team. Accelerators provide these teams with technical and business expertise and connect them to a network of other founders and advisors. Venture studios create startups by incubating their own ideas or ideas from their partners.

Technical Cofounder 346

Technical Cofounder Intellectual Property Technical Review Incubator 346

TechEmpower

JULY 31, 2023

When talking to startup founders or other innovators, we always ask questions to better understand their business as a core. Finally, review the numbers with your partners. R : Revenue - Can you monetize any of this behavior? Conclusion Startup metrics are an invaluable tool for founders and innovators.

Metrics 260

Metrics Startup Retention Acquisition 260

Startup Professionals Musings

FEBRUARY 18, 2023

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

Women Entrepreneurs Can

JUNE 3, 2021

Business success requires a range of skills and talents and it often makes sense to have a business partner rather than going solo. Iconic companies that have achieved phenomenal success include Microsoft, Apple, Google and Intel — every one of these companies had a couple of founders. Integrity & Trustworthiness.

Partner 52

Partner Technical Review Cofounder Georgia 52

Startup Professionals Musings

NOVEMBER 28, 2020

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Incorporating a business entity early through online services.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Both Sides of the Table

MAY 19, 2010

Our guest this week on #TWiVC was Dana Settle , partner at Greycroft Partners , a venture capital firm with offices in New York and Los Angeles. Note that these are “gross” revenue numbers. Current round: $35mm in Series C (extension of Series B at higher valuation) from General Atlantic, Matrix Partners. OTHER DEALS: 1.

Partner 240

Partner New York City Cofounder Syndicate 240

Up and Running

MAY 15, 2014

When I was going through the co-founder “dating” process, I’d found a potential partner through my network who seemed to be perfect. Though my potential partner was performing well by the numbers, my own productivity was dwindling as I spent more and more time on managing our relationship. Why did I think that?

Partner 113

Partner Cofounder Equity Metrics 113

View from Seed

OCTOBER 11, 2022

The first is that we are welcoming Stephanie Palmeri as the newest Partner at the firm. Through all of this, what has been obvious is her hunger to serve founders and desire to work with entrepreneurs to bring about the kind of world changing impact we seek to be a part of at NextView.

Cofounder 156

Cofounder San Francisco Portfolio Limited Partner 156

Berkonomics

OCTOBER 5, 2023

How about young or pre-revenue companies? Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. And we were able to secure that investment along with a partner from that firm joining our board.

Silicon Valley 118

Silicon Valley Burn Rate Angel Investor Down Round 118

Startup Professionals Musings

MARCH 23, 2011

I’ll try to offer some guidelines to address these issues, but I generally recommend you keep the day job until your new company is producing real revenue. Otherwise, I suggest that founders be up-front with their employers, with an honest commitment that the “side” work on the potential startup will not jeopardize committed results.

Founder 233

Founder Startup Cofounder Angel Investor 233

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. Flexible VC 101: Equity Meets Revenue Share.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Steve Blank

MARCH 16, 2016

To most founders a startup is not a job, but a calling. Founders can now access the largest pool of risk capital that ever existed –in the form of Private Equity (Angel Investors, family offices , Venture Capitalists (VC’s) and Hedge Funds.). What does this mean for startup founders? Here’s the thing most founders miss.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

Startup Professionals Musings

JANUARY 18, 2020

Supportive co-founder and executive positions. Every young entrepreneur needs an experienced partner for credibility with investors, and as a trusted cohort for strategy and growth discussions. Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold.

Advisory Board 312

Advisory Board Startup Dividend Angel Investor 312

The Startup Magazine

NOVEMBER 28, 2022

Mitul’s passion to excel and customer focus have been built into the core values and mission of Citius Partners. They provide a hands-on transformation and revenue growth partner for B2B technology companies. Each engagement is personally undertaken by their founder and principal, Mitul. Key Career Highlights.

Founder 129

Founder B2B Private Equity India 129

Both Sides of the Table

MAY 27, 2013

Understanding where your VC partner sits in their respective fund and where their fund is in the cycle of its investment lifecycle will help you understand your VCs behavior. In his tenure as CEO of DataSift we have never missed a monthly revenue figure. It consists of a highly intelligent and opinionated founder – Nick Halstead.

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Entrepreneurs-Journey.com by Yaro Starak

AUGUST 19, 2021

Elizabeth Yin is the co-founder and General Partner of a venture capital firm that, and I quote from their website, invests in “hilariously early startups” Hustle Fund typically invests $25,000 as a starting point into startups that have yet to show any revenues.

Founder 98

Founder Partner Venture Capital Cofounder 98

This is going to be BIG.

MAY 27, 2014

It was a company whose product I believed in and whose founder I liked, but a firm lobbed in a term sheet at a price 33% higher than what I had offered using a very light agreement meant for a much earlier stage company. Then, I read about the idiotic comments made by a co-founder of Rap Genius. Perhaps we all should. No, probably not.

Term Sheet 143

Term Sheet Founder Cofounder Software Review 143

ReadWriteStart

DECEMBER 15, 2022

Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations. Over time, this revenue reduces the dependency on outside venture capital sources. It also provides critical domain experience in a variety of business sectors.

Incubator 188

Incubator Startup Software Developers Software Development 188

The Next Web

NOVEMBER 6, 2013

Rick Boerebach is a co-founder of ZEEF.com , a curated link directory built by passionate experts. If your startup’s goal is to sell a product or service but you’re having a hard time with your revenue model, affiliate marketing might be the perfect match to give you that much-needed boost. What is affiliate marketing?

Affiliate 134

Affiliate Revenue Internet Marketing 134

Mucker Lab

OCTOBER 10, 2023

In navigating the transition from founder-led sales to a structured approach, the pivotal question arises: when to hire a Sales Development Representative (SDR) or an Account Executive (AE) ? However, for early-stage startups with limited resources, a fractional CRO (Chief Revenue Officer) can be a cost-effective option.

Early Stage 78

Early Stage Sales Developer Development Team Review 78

VC Cafe

FEBRUARY 21, 2023

This is a question startup founders ask themselves multiple times a week. It’s not just the competition against the incumbents and the large tech platforms that founders has to worry about, but most importantly is the company’s performance and product market fit. How are we doing? You can get a downloadable version here.

Retention 109

Retention Conversion Churn Rate B2C 109

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. ” Fire, Ready, Aim. He just hired Meg Whitman.

Lean 335

Lean Burn Rate Startup IPO 335

ReadWriteStart

AUGUST 28, 2012

But when it comes to core technical skills, more and more entrepreneurs are opting to partner with technical co-founders rather than hiring someone for an in-house position. I really believe that what’s most important for a founder is the ability to have a vision for the company, make sales and hire well. Laura Roeder , LKR.

Technical Review 131

Technical Review Cofounder Founder Software Review 131

Duct Tape Marketing

JULY 27, 2021

Iati is the C o-founder and CEO of Duda – a website development platform used by thousands of agencies around the world to build sites for their customers. Today, Duda serves thousands of agencies and has partnered with some of the biggest players in the industry. Head over to Wix.com/Partners. Marketing Podcast with Itai Sadan.

Web 93

Web Design Curation Software Review 93

Steve Blank

APRIL 23, 2014

Companies manage these three types of innovation with an innovation portfolio – they build innovation internally, they buy it or they partner with resources outside their company. buy out an entire company for its revenue and profits. buy out an entire company for its revenue and profits. Five Types of Innovation to Buy.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Both Sides of the Table

NOVEMBER 13, 2014

After years of trying to persuade Kara Nortman to become a partner at Upfront Ventures I can officially announce now that she’s joined us effective immediately. It is rare to find somebody who matches exactly what I’m looking for in a partner so when you find it you act: Academic rigor (Princeton undergrad, Stanford MBA).

Partner 408

Partner Las Vegas Los Angeles Baltimore 408

The Startup Magazine

APRIL 15, 2022

Keep reading for some additional notes from Macropay’s Founder & CEO himself, Adam J Clarke. Cart abandonment is a major reason for revenue churn among online retailers. Onboarding a trusted partner can really help address the online shopping check-out issues issues presented above. Understanding the Problem.

Technical Review 146

Technical Review Customer Startup Conversion 146

View from Seed

OCTOBER 24, 2019

As seed rounds have atomized, it’s not uncommon for founders to raise 3 or even 4 rounds prior to a series A. The reality is that if a founder raised every one of these rounds, and lead investors always got their “target” ownership, the level of dilution would be ridiculous. Founders with limited experience. should be avoided.

Dilution 149

Dilution B2B Burn Rate Early Stage 149

Startup Professionals Musings

JULY 1, 2020

In the spirit of helping you prepare and respond positively, I offer my list of the most common new venture founder unexpected realities, with some thoughts on how to mitigate each one: The business seems to be driving you, rather than you driving it. You need all the positive traction you can get to survive and prosper.

Due Diligence 306

Due Diligence Entrepreneur Startup Acquisition 306

The Startup Magazine

MARCH 2, 2023

By Danielle Ofek Before I was a banker, I was a founder. My journey over the last decade founding and leading startups has been a successful one, but it has also come with challenges, many of which are shared by other women founders and entrepreneurs. The numbers begin to tell the story.

Founder 114

Founder Affiliate Cofounder Boston 114

ConversionXL

JUNE 8, 2017

It is about focusing your marketing efforts on a few select companies that could represent huge revenue streams. As Des Traynor , co-founder of Intercom put it in the Intercom on Jobs-to-be-Done book : Des Traynor: Some products are better defined by the job they do than the customers they serve. Behavioral segments.

Programming 97

Programming Revenue Analytics Software Review 97

YoungUpstarts

JUNE 4, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 127

Framework Architecture Cleveland Early Stage 127