Steve Blank

NOVEMBER 7, 2023

State Regulation In addition to federal laws, each State has its own regulatory environment that applies to businesses operating within the state in areas such as land-use , zoning, motor vehicles, state banking, building codes, public utilities, drug laws, etc. In the U.S. These agencies exist because Congress passed laws.

Washington 271

Washington Government Marketing Silicon Valley 271

Both Sides of the Table

JUNE 21, 2014

You hire people who look good on paper. So one of the surest signs you’ve hired a leader is the willingness of his or her former team to re-assemble. When you’re hiring most reference checkers focus on the person’s former bosses. My other partner, Steven Dietz, was on the board of my second company.

CTO Hire 320

CTO Hire Cofounder San Francisco Silicon Valley 320

David Teten

MARCH 28, 2012

Best Practices in Venture Capital Portfolio Company Value Creation. In addition, in light of increasing competition in the startup funding space, a methodology for helping portfolio companies consistently is a strong competitive advantage. I’ve also posted this at Betabeat.). View more presentations from David Teten.

Portfolio 144

Portfolio Private Equity Venture Capital Early Stage 144

View from Seed

FEBRUARY 9, 2022

You have 5-10 years of professional experience as a technology operator, founder, and/or investor. You will spend the rest of your time working alongside the partners throughout the investment process – analyzing investment opportunities, assisting in market research and diligence, and post-investment portfolio support.

Technical Review 156

Technical Review North America Seed Stage Bandwidth 156

The Startup Magazine

APRIL 28, 2022

The best thing about this model is that businesses can save costs on hiring, training, and maintaining in-house support staff. It helps you pick the right partners and service portfolio for your business. With such a partner, you have the option to outsource or manage tech internally, just the way you want and need.

Technical Review 118

Technical Review Partner Reputation Portfolio 118

Steve Blank

NOVEMBER 1, 2011

Running a company is distinctly different from simply having operating experience – (working in bus dev, sales or marketing.) Every potential early-stage Venture Capitalist should take a year and do it before he or she makes partner. Rolodex/deal flow (deal sourcing/ability to make connections for the portfolio). Here’s why.

Venture Capital 332

Venture Capital Early Stage Technical Review 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

Steve Blank

APRIL 23, 2014

The Innovation Portfolio. 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. Often they have brought in an operating executive as the new CEO. Five Types of Innovation to Buy.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

David Teten

MARCH 14, 2018

My Partners at HOF Capital are younger than I am, which means that we have a half-century horizon for the franchise we are building. I’ve listed them below in *very* roughly descending order of efficiency, measured by increased dollars one can put to work, divided by the operational dollars required to implement each strategy. .

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

YoungUpstarts

NOVEMBER 29, 2017

by Kristy Campbell, Chief Operating Officer at Rev1 Ventures. You’re in discussions with strategic partners and potential beta customers. Call out strategic relationships with business partners, research institutions, or industry groups. You’ve validated your market and designed a minimally viable prototype. Keep it simple.

Elevator Pitch 100

Elevator Pitch Web Portfolio B2B 100

Both Sides of the Table

SEPTEMBER 12, 2013

I am thrilled to announce that we have added Hamet Watt as a Partner at Upfront Ventures. But as sweet as that success has been (we invested pre-revenue in a small team) today my even more important news was the further expansion of our partner ranks. We have been on a drive to add more operational partners.

Partner 340

Partner Los Angeles South Africa Cap Table 340

ReadWriteStart

AUGUST 26, 2022

How to Scale Unicorns With Partner David Zhang, TVC. Joining us for this episode is our partner David Zhang, Partner at TCV (( Technology Crossover Ventures ). I’m a partner at TCV, which we founded in 1996. What guidance for your portfolio companies? The theme of this episode is how to scale unicorns.

Partner 132

Partner Cofounder Retention Acquisition 132

Steve Blank

SEPTEMBER 5, 2018

He just hired Meg Whitman. Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. Lean was designed to inform the founders’ vision while they operated frugally at speed.

Lean 335

Lean Burn Rate Startup IPO 335

David Teten

AUGUST 19, 2019

In 2019 we partnered with several revenue-based lending providers, effectively creating a marketplace. “. We’re also regularly following-on for existing portfolio companies.”. The following information is based on companies funded by us and/or our capital partners: The average most recent monthly revenue is $331,229.

Revenue 60

Revenue Technical Review Software Review Equity 60

View from Seed

FEBRUARY 27, 2019

Recently, I’ve been working with a few of our portfolio companies to help them think about how to recruit and interview their first analytics hire. Analytics is about designing, reporting, and leveraging operating metrics to aid strategic and functional decision-making. When to make your first analytics hire.

Analytics 149

Analytics Hiring SQL Forecast 149

Rob Go

JANUARY 18, 2012

In a prior post about what it’s like to be a VC I made the claim that even if an investor has operating experience, that experience gets stale after a few years. This led to the following question in my comments: “You mention that operational skills begin to decline 2 years into the job. Couple observations.

Operations 50

Operations Technical Review Investment Bankers Cofounder 50

YoungUpstarts

MARCH 29, 2017

You may have the engineering and design capabilities required to operate this type of business, and you may have the best PCB layout software at your disposal, but you must be proficient in other skills in order to be successful. By hiring your firm, they will be able to focus on other business related tasks. What are the Challenges?

Design 100

Design Software Review India China 100

Both Sides of the Table

JANUARY 22, 2014

Of partner? I had an enjoyable conversation this morning with a young team straight out of college this morning and they were calling to ask advice on how to approach fund raising (angels vs. I would call their portfolio companies and ask how helpful or not they’ve been. Industry or Operating Experience? Commitment.

Portfolio 364

Portfolio Chicago Sales Incubator 364

Version One Ventures

OCTOBER 3, 2021

The funding will contribute to hiring, international expansion, and mobile app development; read more about their plans here. Zenput raised $27M in Series C led by Golub Capital to continue improving its application to automate operations procedures such as food safety tracking, public health standards, and changing market circumstances.

Portfolio 60

Portfolio Canada API Valuation 60

Both Sides of the Table

APRIL 20, 2011

One example is that they introduced a program where their founders can pool together shares from their company and exchange them for a small portfolio of other First Round Capital companies. Howard Morgan earned a PhD in Operations Research/Computer Science in 1968. I'm a huge fan of this innovation. They have sixteen people on staff.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

VC Adventure

FEBRUARY 7, 2019

Venture principals (VPs, junior partners or other similar titles) were former venture associates who had worked their way up the chain. And partners were former junior partners who had been promoted up as well. There are virtual communities in the comments sections of some venture partner and venture firms blogs.

Venture Capital 103

Venture Capital Seed Stage Angel Groups Portfolio 103

David Teten

SEPTEMBER 6, 2015

She had so much insight to share that we broke the interview into two parts, 1) Corporate Venture Capital and more broadly, 2) How the Fortune 500 Can Buy, Invest and Partner with the Innovation Economy (coming soon). . I recently had a chance to interview Mari Joller , an expert on corporate innovation, on this topic.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Both Sides of the Table

JULY 14, 2010

They are tasked with “getting deals done&# so they race around talking to tons of potential partners inking anything from channel sale deals , product integration, international distribution agreements, co-marketing arrangements, M&A discussions, etc. Here’s how it goes: You have a business development group with two people.

Development Team Review 323

Development Team Review SEM Channel Social Media 323

Both Sides of the Table

OCTOBER 29, 2010

GRP Partners is looking to hire two analysts (maybe even three) to join our practice in Los Angeles. And none of our partners actually worked for any of these firms. I’m already 2 weeks late in writing this blog post as my partners keep reminding me. Responding to portfolio company requests. Yesterday.

Los Angeles 290

Los Angeles Technical Review Due Diligence Venture Capital 290

View from Seed

JANUARY 24, 2018

When we create new platform initiatives, our team tries to think about how we can be the most impactful with our portfolio companies. And they tell us over and over again that they just care about four things: Hiring and developing a great team. We’re calling them NextView Operator Guilds. . Building a great product.

Operations 176

Operations Cofounder Technical Review Angel Investor 176

Both Sides of the Table

NOVEMBER 29, 2010

I had come from a world where I was nearly a partner at Accenture before starting my first company. million and we seemed likely to raise another $40 million within the first 18 months of operations. Hire a part-time accounting clerk to do the data entry and prepare the monthly books.

Warrant 333

Warrant Germany France Cost 333

Both Sides of the Table

NOVEMBER 3, 2009

portfolios. I’m not even talking about your 12-page Powerpoint presentation that you need to raise venture capital or to talk with potential biz dev partners. How many people will you hire in the first 24 months and in which sequence. I won’t need to hire many engineers or customer support staff.

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

David Teten

SEPTEMBER 23, 2017

PEVCTech is partnering with Blue Future Partners to run the first large-scale survey of VCs’ technology stack. Johann Kratzer of Blue Future Partners , a fund of funds, observed, “The majority of the hundreds of funds we’ve diligenced rely predominantly on their relationships to source deals. Greylock Partners.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

VC Cafe

AUGUST 2, 2022

monthly active end-users who are engaging with content created or operated by Unity solutions in 2020. For that, Yuga labs partnered with London based Improbable. A lot of the brands experimenting with the Metaverse partner with the Sandbox to launch initiatives, including Playboy, Tony Hawk, Adidas, Snoop Dog, Walking Dead and more.

IP 206

IP Cofounder Valuation Acquisition 206

YoungUpstarts

OCTOBER 28, 2015

by John Vrionis, partner at Lightspeed Venture Partners. Patent trolls purchase portfolios containing patents and sue companies for infringing them. A startup may need to hire a lawyer to understand what the best strategy is given its particular technology space and to guard against being seen as an easy mark.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

Both Sides of the Table

NOVEMBER 11, 2013

We have a few portfolio companies going through brand changes. We are trying hard to live up to the guidelines we laid out for our investors, our portfolio companies and our community. Expand our partnership, bringing in and nurturing next-generation talent who bring operational experience and different points-of-view.

Ireland 324

Ireland Jordan Portfolio Flash 324

Steve Blank

MARCH 31, 2014

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. And to keep executing large organizations hire employees with a range of skills and competencies. Third, smart companies manage an innovation portfolio where they can pursue potential disruption in a variety of ways.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Both Sides of the Table

JANUARY 3, 2016

While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros. Side Note : Upfront has hired Kerry Bennett as a member of our executive management team to run marketing – please follow her on Twitter here ].

Portfolio 150

Portfolio PR Partner Early Stage 150

Both Sides of the Table

JULY 1, 2010

As your organization grows and you hire senior staff where you are no longer managing every employee directly the issue of how to manage people that are not your “direct&# reports arises. I spent a ton of time with the CEO and VP Finance understanding the businesses, its customers and its operational challenges.

CTO Hire 308

CTO Hire Management Technical Review Part-Time VPE 308

Both Sides of the Table

MARCH 6, 2010

My job doesn’t involve the daily grind of customer complaints, product outages, business partner / channel problems, hiring / firing, etc. That means you’re always operating on the client’s schedule. There is less team camaraderie – I really get along with my partners well. We travel together.

Technical Review 312

Technical Review Due Diligence Spain Warrant 312

Rob Go

DECEMBER 11, 2013

Partners are prone to bad behavior too, but because they are the “decision makers”, founders are more likely to just shrug their shoulders and move on (although everyone has their limits). Pre-wire the entrepreneur and your partners. Be careful about mirroring your partners too much. But some are.

CTO Hire 68

CTO Hire Partner Software Developers Software Development 68

Both Sides of the Table

JULY 13, 2013

” I want to do the best deals wherever they are, but I thought, most VCs I met didn’t have very good operational experience, so I thought, “Well, what if I created a blog called Both Sides of the Table and could emphasize the fact that I used to sit on your side of the table? .” Should I hire or not hire this person?

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337